Huawei Backdoors Found By Vodafone, Risking Unauthorized Access To Network

Excerpt: FBI Director Christopher Wray said last week, “China seems determined to steal its way up the economic ladder, at our expense… They’re strategic in their approach—they actually have a formal plan, set out in five-year increments, to achieve dominance in critical areas.” On Tuesday, Vodafone, Europe’s largest phone company, “acknowledged that it found vulnerabilities going back years with…

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Trump’s Tariffs End or His Trade Deal Dies

Editors note: Senator Grassley continues pushing for old-style unilateral trade disarmament by the United States. Didn’t work then and won’t work now. Congress won’t approve USMCA while constituents pay the price for Mexican and Canadian retaliation. [Chuck Grassley | April 28,2019 | WSJ] I’ve represented Iowa in the Senate for nearly 40 years and have…

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U.S. Economy Grew at 3.2% Rate in First Quarter

Excerpt: “Net exports—exports minus imports—added 1.03 percentage points to the quarter’s 3.2% GDP growth rate.” Higher exports, inventory investment helped offset slower rate of spending by consumers, businesses [Harriet Torry, Sarah Chaney | April 26, 2019 | The Wall Street Journal] Gross domestic product—the value of all goods and services produced in the U.S., adjusted…

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