.@N12News assessment of Lt. Gen. Aviv Kochavi's tenure as IDF Chief of Staff at 2 yrs:

Chile is the poster child for extreme economic inequality in a developed country. I spent time there last year for my book (which has a chapter on Chile) and what I found hardest to understand is why there wasn't more political unrest. Now there

A few choice facts about Chile and inequality:

In Chile, the social security system is basically designed to redistribute wealth from the masses to the rich, because workers are required to put their savings into private investment funds that charge ridiculous fees.

The commitment to private industry runs deep. If the available water is sufficient either for drinking or growing avocados... well, you get the idea.

The result in Chile is two worlds, side by side.

And what is most remarkable is that, for the longest time, even the ostensibly left-wing parties were on board. Chile's socialists basically don't like socialism.

NEW SCOOP from @zachsdorfman: China's Ministry of State Security has demanded that private Chinese companies, including Baidu and Alibaba, help them process stolen U.S. data, such as from the OPM hack, U.S. intelligence officials

Zach writes, "In what amounts to intelligence tasking, China’s spy services order private Chinese companies with big-data analytics capabilities to process massive sets of information that have intelligence value, according to current and former officials."

“Just imagine on any given day, if NSA and CIA are collecting information, say, on the [Chinese military], and we could bring back seven, eight, 10, 15 petabytes of data, give it to Google or Amazon or Microsoft, and say, ‘Hey, we want all these analytics," said one official.

It's hard to overestimate the significance of this intelligence assessment.

There has been speculation that Baidu, Alibaba, and Tencent might have ties to China's security state. In fact, they work directly with them and for them—because they have to. According to US intel.

If you have been enjoying this series of scoops from @zachsdorfman, also take some time in your day to appreciate the skill and dedication that FP editor @BeijingPalmer has put into them.

Nigeria's burgeoning defence industry is zooming ahead.

DICON has secured a contract to produce 152 MRAPs for the army. As well as six million rounds of small arms ammunition.

EZEGWU MRAP

DICONs R&D has been up and going. The army plans to test several technology demonstrators in the field. If they pass the field testing DICON will go into mass production of the equipments.

Anti drone jamming system made by DEMFAS aerospace systems Nigeria....Made in Nigeria Proudly Nigeria.
The mobile gun is an ideal anti-drone rifle that can be used when UAVs and drones are visually detected

The drone can be tracked even at long distances through a special binocular. When the UAV is located, the rifle and antennas with horizontal and vertical polarization are pointed towards the approaching drone and immediately block it....zap !! No this is not science fiction

PROFOCE ARA MRAP 2

Profoce Ara ''Thunder'' Mine Resistant Ambush Protected Vehicle.

1/ By far, the biggest Ponzi scheme I've discovered until now was the diamonds one. In 2014, two years before other media and 3 years before prosecutors, I wrote stories about physical diamonds sold by 2 brokers through banks to tens of thousands of Italian investors.

2 / Diamonds were sold at constantly rising prices in a sort of linear progression, which wasn't related to real market prices. The prices were produced by the two brokers themselves, Intermarket Diamond Business (Idb) and Diamond Private Investment (Dpi), then published monthly

3/They published monthly table of their prices in markets pages on my newspaper, Il Sole 24 Ore, Italy's highest-selling financial daily. Then the 2 diamonds brokers cut the price tables from the pages and presented them to the public as "Il Sole 24 Ore records" but they weren't

4 / People were lured into the scheme with the promise of constantly revaluating physical luxury assets, easy to be hidden (a lot of diamonds were sold to tax evaders and probably gangsters). For just connecting their clients to the 2 brokers, banks earned 15-20% fees.

5 / The business throve thanks to a hole in Italy's financial regulations: diamonds weren't overseen neither by Bank authority Bank of Italy nor financial authority Consob. In two decades, the 2 brokers sold diamonds for 2/3 billion € proceeds.