Two international initiatives are working together to mobilize private sector investment to promote sustainable and climate-resilient infrastructure projects. During the Sustainable Infrastructure Panel at the Conference of the Parties 28 on Thursday, Blue Dot Network and Finance to Accelerate the Sustainable Transition – Infrastructure announced plans to coordinate their respective programs and identify complementary areas for...
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Author: Elodie Collins (Elodie Collins)
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US, Mexico Agree to Intensify Sharing of Foreign Investment Information
The United States and Mexico have agreed to increase the exchange of information on matters related to foreign investments to protect national security. On Thursday, Janet Yellen, the U.S. secretary of the treasury, signed a memorandum of intent with Rogelio Ramirez de la O, Mexico’s secretary of finance and public credit, to establish a bilateral...
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UK Agency Working on Secret Technology Launches Initiative to Collaborate With Industry
A secretive U.K. government organization and the former workplace of computing pioneer Alan Turing is opening its doors to collaborate with the private sector. On Wednesday, His Majesty’s Government Communications Centre launched an initiative to work closely with technology companies and academic institutions on innovations that support national security. HMGCC Co-Creation, launched in partnership with the...
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US Imposes New Round of Sanctions on Russian Federation Procurement Agent
The Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on a Belgian businessman and his companies for the export of electronics in support of the Russian military. According to OFAC, Hans De Geetere serves as a director of several companies in Belgium, Cyprus and the Netherlands. He is a long-time...
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AUKUS Security Alliance Launches Investor Network to Accelerate Advanced Military Technology Development
Australia, the United Kingdom and the United States have launched a new initiative that promotes the development of new advanced military technologies. The AUKUS Defense Investor Network is comprised of private capital investors from about 300 institutional venture capital firms, corporate venture capital groups and family offices from the three nations. Together, the network represents over...
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Poland Adds $2.6B Worth of K9 Self-Propelled Howitzers From Hanwha
Poland is acquiring over 150 more K9 Thunder self-propelled howitzers from South Korea. On Friday, Poland’s State Armament Agency said it signed a contract valued at $2.6 billion with South Korean defense company Hanwha Aerospace for the 155 mm artillery. The agreement includes six self-propelled K9 howitzers that Hanwha Defense is scheduled to deliver in 2025 and 146...
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Northrop Grumman Partners With Rohde & Schwarz to Support Multi-Function, Multi-Domain Technology Across Europe
Northrop Grumman has partnered with Rohde & Schwarz, a Germany-based electronics company specializing in electronic test equipment, to provide resilient communications systems across Europe. The companies signed a memorandum of understanding to collaborate at the Berlin Security Conference held in Germany on Monday. “Working together with German industry underscores the importance of rapidly developing solutions that...
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Nive Bhagat to Replace Carole Ferrand as Capgemini Group Chief Financial Officer
Capgemini, a digital transformation and technology services headquartered in Paris, France, has named Nive Bhagat as group chief financial officer and group executive board member. Bhagat replaces Carole Ferrand, who has served in the CFO capacity since 2018. Ferrand will facilitate the transition of her responsibilities to her successor in the next couple of weeks...
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Thales Acquires California-Based Cybersecurity Company Imperva for $3.6B
Thales has completed the acquisition of Imperva, a California-based cybersecurity company, for approximately $3.6 billion. The French aerospace, defense and security company reached an agreement to make the purchase from software investment firm Thoma Bravo in July, a transaction that was initially expected to end in the first quarter of 2024. The addition of Imperva expands Thales’ cybersecurity portfolio....
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US Issues New Sanctions on Entities Associated With North Korea
The Department of the Treasury has issued new sanctions against foreign-based agents of North Korea, officially the Democratic People’s Republic of Korea. According to the Treasury’s Office of Foreign Assets Control, Green Pine is responsible for about half of the North’s arms and related materiel exports. Green Pine is controlled by the DPRK’s Reconnaissance General Bureau. It...