US companies getting refunds after the Supreme Court struck down President Donald Trump's import tariffs are using the temporary windfall in a range of creative ways. The refunds are being used to cover rising costs, supplement employee retirement accounts and repay debt. Some are sharing the bounty with vendors. And a number of consumer companies are beefing up their assortment of lower-priced products and offering deals to attract budget-conscious shoppers pinched by the rising cost of living. Companies in the Russell 3000 Index mentioned tariff refunds almost 1,000 times in earnings calls and filings in July, August and September, according to a Bloomberg News analysis, almost four times more than in the previous earnings season. Consumer discretionary and staples companies accounted for more than a third of the references, disclosing the receipt of close to $9.8 billon in refunds during that period. Roughly $166 billion was paid in tariffs under the International Emergenc...
- The Shahed drone's biggest strength is that it is very cheap to build and deploy, but gives the effect of a much more powerful weapon than its size. Others may be forced to expend their pricey anti-drone missiles, making interception of the Shahed drones a costly affair.
- Most weaponised drones have range and weight limitations. The Shahed works around these by acting as a drone and a cruise missile rolled into one. The Shahed-136, for example, can reach a maximum of 2,500 km.
- Iran has been able to launch the Shahed drones from deep within its territory, far away from any prying eyes. This has ensured their survivability and unpredictableness. Its payload capability is also good, at par with its range strength.
- The Shahed drones fly at very low altitude, powered by a basic piston propulsion system. When these qualities are combined with its small radar signature, they are hard to detect in areas where the terrain is uneven.
- Some have called the Shahed drones' engine noise the "scream of death". Civilians have reported hearing the road of the engines just before they struck their targets. This sound adds to psychological fear of the common people and enemy forces.
from NDTV News- Special https://ift.tt/NK5rqYi
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