The Federal Reserve’s little-known role housing the assets of other central banks comes with a unique benefit to the United States: It serves as a source of foreign intelligence for Washington. Senior officials from the U.S. Treasury and other government departments have turned to these otherwise confidential accounts several times a year to analyze the…
You want to see “blowback” in action? That’s easy enough. All you need is a vague sense of how Google Search works. Then type into it phrases like “warmest years,” “rising sea levels,” “melting ice,” “lengthening wildfire season,” or “future climate refugees,” and you’ll find yourself immersed in the grimmest of blowback universes. It’s a…
“Foreign countries—particularly China and Russia—will continue to expand their space-based reconnaissance, communications, and navigation systems in terms of the numbers of satellites, the breadth of their capability, and the applications for use,” director of national intelligence Dan Coats said in his written testimony before the Senate Armed Services Committee on March 6. “Both Russia and…
