Loan relief for U.S. farmers has begun

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News Date: October 19, 2022

U.S. farmers receive nearly $800 mln in loan relief from agriculture agency.
USDA provides nearly $800 million in loan relief, more aid to come.
More than 13,000 financially distressed U.S. farmers and ranchers with qualifying loans have received nearly $800 million in assistance.
Sources: reuters

Satellites transferred to Space Force by October

While the Democrats in Congress are Trying to Abolish the Space Force, The chief of Space Operations announced the transfer of Army and Navy satellite communications billets, funding, and mission responsibility to the U.S. Space Force.
At the beginning of October, some of the satellite communications responsibilities of the US Army and US Navy will officially transfer to the hands of Space Force DoD.
The move puts basically all of the DODs narrowband, wideband, and protected SATCOM under control of the U.S. Space Force.
Now all of that training, operations, acquisition, and sustainment and follow-on activities, user allocations - all of that, will be consolidated under the Space Force to create that unity of effort, and hopefully gain the ability to be more resilient, more dynamic, and ultimately more efficient with that mission set.
Sources: www.defense.gov, www.theepochtimes.com

WH is launching Quantum Information Science official website

White House is launching http://quantum.gov, the official website of the National Quantum Initiative and Quantum Information Science.
Quantum Information Science (QIS) emerges from a deeper consideration of how quantum physics (our description of the world at the microscopic level) has implications for information science.
The National Quantum Initiative Act (NQI Act) was signed into law by President Trump on December 21, 2018 to accelerate quantum research and development for the economic and national security of the United States.
Sources:www.quantum.gov

The FED announces a new upgraded system

The Federal Reserve Board announced that it will replace its current bank application filing system with a new and upgraded system later this month.
The substantive requirements of applications will remain the same with the new system making the filing process more intuitive and minimizing paper applications and communications.
Sources: federalreserve.gov

Quantum computing to crack cryptocurrency in 8 years

Ripple CTO David Schwartz says quantum computing poses a serious threat to the future of cryptocurrency.
Schwartz says he thinks developers have at least eight years until the technology, which leverages the properties of quantum physics to perform fast calculations, becomes sophisticated enough to crack cryptocurrency.
Source:www.crypto-news-flash.com

Joint Declaration of Support for Democratic Change in Venezuela

A swift and peaceful transition to democracy is the most effective and sustainable route to stability, recovery and prosperity in Venezuela. We remain committed to helping the Venezuelan people achieve a peaceful, prosperous and democratic future.
Source:www.state.gov