News Snapshot:
[The US Federal Reserve has banned officials from exchanging shares following the scandal] Revelations from the Financial Times that China has tested two hypersonic weapons in recent months has triggered alarm among U.S. defense officials because it suggests that Beijing is making faster-than-expected progress towards a new class of weapons that exploit the missile defense system. One test in particular, held July 27th , intrigued U.S. government scientists. China has launched a Long March missile that uses a system to push into orbit a highly maneuverable, nuclear-capable ally that allows it to approach its target at five times the speed...
