Pentagon cancels contract won by Microsoft during Trump era

The U.S. Department of Defense (Pentagon) has canceled the $10 billion Joint Defense Infrastructure Initiative (JEDI) tender that Amazon brought to court, allegedly unfairly awarded to Microsoft. “Today, the Department of Defense has canceled the Joint Defense Infrastructure Initiative Cloud tender and initiated contract termination procedures. The Department has determined that the JEDI Cloud project …

Jeff Bezos’ wealth rises to record high

The wealth of Jeff Bezos, whose CEO position at Amazon has just ended, rose to a record level with the decision from the Pentagon. After the Pentagon canceled the tender, which was held during the previous president Donald Trump and won by Microsoft, Amazon shares rose by nearly 5 percent. With this rally in Amazon …

The uranium crisis between Iran and Western countries

Ambassador Kazım Garibabadi, Permanent Representative of Iran to the United Nations Office in Vienna, stated that they started the production of silicide uranium fuel, an advanced type of nuclear technology. According to the news of the Iranian official agency IRNA, Garibabadi told reporters about the start of Iran’s production of uranium metal. Garibabadi stated that …

Japan updates its fiscal 2021 growth forecast downwards

The Japanese government has revised down its economic growth forecast for the current fiscal year. After the Economic and Fiscal Policy Council meeting, the Cabinet Office announced that the growth expectation announced in January was lowered by 0.3 points. Accordingly, a 3.7 percent growth in Japan’s gross national product is expected in the 2021 fiscal …