WARREN, Mich. (AP) — General Motors and Korea’s LG Chem have formed a joint venture to build an electric vehicle battery cell factory near Lordstown, Ohio, east of Cleveland. The companies also will work together on battery technology to bring down the cost for future GM electric vehicles. The new plant will create more than 1,100 jobs in the area around Youngstown, Ohio, and the joint venture plans to invest $2.3 billion in the plant and for battery development. GM says it will be among the largest battery factories in the world. They’ll break ground on the new plant sometime next year, but the exact location wasn’t disclosed. The new battery plant comes after GM closed a sprawling small-car assembly plant in Lordstown earlier this year. The battery plant was announced last fall during contract talks with the United Auto Workers union, but it won’t make up for the lost jobs at the small-car plant. The Lordstown factory stopped making cars in March. … [Read more...] about GM, Korea’s LG Chem in venture to build factory in Ohio
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TOKYO (Sputnik) — He added that had he held energy talks with heads of over 30 Japanese companies, including Marubeni, Mitsui and Mitsubishi. © Sputnik / Andrey OlfertJapan Hopes Russia, China to Help Settle North Korea Nuclear Issue "They were primarily interested in deep conversion of hydrocarbons, developing cooperation in the field of electric power, construction of renewable energy sources," Novak said on a visit to Japan. He said the more than 30 firms with which he met included the heads of Mitsui and Mitsubishi, and added that the sides discussed attracting Japanese business and investment into Russia. "[Talks were held] with the Russian-Japanese economic cooperation committee of the Japan Federation of Economic Organizations [Keidanren], who is also the president of Marubeni," Novak said. The minister also stated that Japan was interested in forming a power … [Read more...] about Japan Interested in Electric Power Projects With Russia – Energy Minister
Anyone familiar with crime flicks will be familiar with the good cop/bad cop tactic of extracting information and cooperation out of an informant. Now, the commander-in-chief has introduced it to the world of international politics, with a twist: Trump plays both the cops simultaneously. Moving goalposts With regard to Iran, Trump seems to pursue a similar good cop/bad cop approach. He recently took to Twitter to warn the country's leader not to threaten the US, promising severe consequences in future. And these words are also matched by actions. Three months ago, the US abandoned the Iran nuclear deal (the Joint Comprehensive Plan of Action, or JCPOA) and imposed sanctions on the state. Now, Iran's economy is feeling the consequences. Inside Iran, pressure is growing, with political protests occurring almost daily. US financial sanctions take effect next week. But already today, the value of Iran's national currency, the rial, is plummeting. In … [Read more...] about Opinion: Donald Trump is playing good cop/bad cop with Iran
Sputnik: Today the US Department of Justice stated it has indicted 36 people accused of trafficking in stolen identities and causing more than $530 million in damages worldwide… How significant is arrest of this size and affect will it have on other similar cybercrime groups? John McAfee: It's certainly a very large bust. The group advertised its identity as ‘In fraud we trust' — a takeoff on the American dollar which reads ‘In God we trust'. It's significant but it won't make a dent in the cybercrime and cryptocrime business where people every day are losing tens and thousands of dollars. Sputnik: Last year the world witnessed an increase in both the number but also the severity of large scale cyber-attacks… What is being done by law enforcements to prevent international cybercrime gangs from operating? John McAfee: Well not enough quite frankly. They spend enormous … [Read more...] about US Stamps Out Cybercrime Gang: ‘It’s Certainly a Big Bust’ – John McAfee
Britain's relations with Russia are already cool. The attempted murder of a former Russian spy in Salisbury could plunge that relationship even deeper into the diplomatic permafrost.Before the basic facts of the case have been established, both sides have indulged in an early exchange of fire. The Foreign Secretary, Boris Johnson, told the House of Commons there were echoes of the death of Alexander Litvinenko, another former Russian spy whose murder on British soil has been blamed on the Kremlin. "It is clear that Russia is, I am afraid, in many respects now a malign and disruptive force," Mr Johnson told MPs. The country was, he said, launching cyber-attacks against British infrastructure which "I increasingly think that we have to categorise.. as acts of war". In response, Maria Zakharova, Russia's foreign ministry spokeswoman, accused British politicians and journalists of using the incident to foster anti-Russian sentiment. "This story was straight away used to boost an … [Read more...] about Russian spy: What now for the UK/Russia relationship?