Entegra to Help Engineer DoD Cyber Systems Under Potential $70M Contract | GovCon Wire

Entegra Systems has partnered with 16 other companies to engineer and secure cyber technology platforms for the Department of Defense under a potential five-year, $70M contract.

The industry team will also create data models to increase DoD’s cyber knowledge as well as provide data science and cyber defense services, Entegra said Thursday.

Source: Entegra to Help Engineer DoD Cyber Systems Under Potential $70M Contract – GovCon Wire

The Saudi Aramco IPO breaks records, but falls short of expectations


On December 11, 2019, shares amounting to 1.5% of Aramco’s value began trading only on the Tadawul, Saudi Arabia’s stock exchange. The IPO will, in fact, raise nearly $26 billion for the kingdom, at a price that values Aramco at $1.7 trillion. The events of the intervening four years tell an interesting story of changing global oil markets and dashed ambitions.

In an earlier post, I wrote that transparency, valuation, and listing locations were the most important challenges and unknowns in the IPO process. Each of those factors contributed to the scaled-back IPO and will continue to affect the market valuation of the company in the future.

Source: The Saudi Aramco IPO breaks records, but falls short of expectations

‘Black Swan’ index flashes yellow: Wall Street is not scared | Reuters


The options-based Black Swan index may be signaling surging demand from investors for protection against a stock market crash, but Wall Street analysts see little reason to panic.

The Cboe Skew Index .SKEWX is near a 14-month high. It tracks the implied volatility of deep out-of-the-money options – that is, contracts that need a large move in the market before they come into play – on the S&P 500 .SPX.

On Monday, the Skew Index hit 136.56, its highest since October 2018. It last traded at 134.37.

Source: ‘Black Swan’ index flashes yellow: Wall Street is not scared – Reuters

Shipping industry sails into unknown with new pollution rules | Reuters


Faced with imminent new global marine pollution rules, shipping companies and insurers are puzzling over the risks.

To reduce emissions of toxic sulphur that cause premature deaths, shipowners who have long relied on the dirtiest residues of oil extraction will have to either switch to low-sulphur fuel or install exhaust gas cleaning systems from Jan. 1.

Neither option has been fully tested for long, and some problems have already been reported, both with the more expensive new fuels and with devices known as scrubbers which extract the sulphur on board.

Source: Shipping industry sails into unknown with new pollution rules – Reuters

Trump poised for Supreme Court battle over financial records | Reuters


The U.S. Supreme Court may have a conservative majority that includes two justices appointed by President Donald Trump, but his efforts to shield his tax returns and other financial records from scrutiny still face an uncertain future.

The court could decide this week on whether to hear appeals from Trump in three cases he has lost in lower courts. While the court has a history of allowing the president to make his case, it has also deferred to Congress’ right to investigate a broad range of issues. Two of the cases regard such congressional scrutiny.

Source: Trump poised for Supreme Court battle over financial records – Reuters

Space Exploration and U.S. Competitiveness | Council on Foreign Relations


Space exploration is expensive, but it is a relatively minor line item in the U.S. budget.

NASA’s spending peaked at almost 4.5 percent of the federal budget in 1966, declined to 1 percent by 1975, and has gradually fallen to about half a percent in recent years. (In comparison, defense spending has hovered around 20 percent of the budget in recent years.)

The Trump administration proposed just over $20 billion [PDF] for NASA in 2020, less than the $21.5 billion Congress appropriated for 2019.

Source: Space Exploration and U.S. Competitiveness | Council on Foreign Relations

European Green Deal will change economy to solve climate crisis, says EU | The Guardian


Nearly every major aspect of the European economy is to be re-evaluated in light of the imperatives of the climate and ecological emergency, according to sweeping new plans set out by the European commission on Wednesday.

The comprehensive nature of the European Green Deal – which encompasses the air we breathe to how food is grown, from how we travel to the buildings we inhabit – was set out in a flurry of documents as Ursula von der Leyen, the new commission president, made her appeal to member states and parliamentarians in Brussels to back the proposals, which would represent the biggest overhaul of policy since the foundation of the modern EU.

Source: European Green Deal will change economy to solve climate crisis, says EU | Environment | The Guardian

Defending human rights is a shared responsibility | EURACTIV.com


The United States and the European Union have a relationship that, at its core, is founded upon our shared values.  Among these values is an abiding respect for human rights and a commitment to upholding and defending those rights worldwide. Fortunately, we are not alone in this endeavor.

On December 10, 1948, the United Nations unanimously adopted the Universal Declaration of Human Rights (UDHR), a set of rights to which all individuals are entitled.

These include the freedoms of expression, association, and peaceful assembly. The freedoms of religion or belief.

Source: Defending human rights is a shared responsibility – EURACTIV.com

Czech tycoon’s company paid for pro-Chinese campaign | EURACTIV.com


The company Home Credit owned by Czech tycoon Petr Kellner has financed a for pro-Chinese campaign in the Czech Republic. EURACTIV.cz reports.

According to Aktuálně.cz, media partner of EURACTIV.cz, a PR agency hired by Home Credit, a loan company, has created a network of politicians, experts but also journalists that were supposed to influence the Czech society in favor of China.

Aktuálně.cz reported that not all the people involved were aware of the fact that they were part of this pro-Chinese network.

Source: Czech tycoon’s company paid for pro-Chinese campaign – EURACTIV.com

Only connect – the network of European political families | EURACTIV.com

The political groups in the European Parliament, which help shape EU-wide legislation, are a vaguely familiar concept to citizens. But they are merely a cog in the much less understood and multi-layered network of political actors that connect Brussels to national capitals and beyond.

So what are the European political parties, the think-tanks and other structures that are affiliated to them, and how do they function?

Source: Only connect – the network of European political families – EURACTIV.com