We know what’s coming and we are prepared.
//The Wire//1830Z March 5, 2024//
//ROUTINE//
//BLUF: GLOBAL SERVICE AND PLATFORM OUTAGES REPORTED THIS MORNING.com//
-HomeFront-
USA: Yesterday the FAA released an update regarding the six-week audit of Boeing’s manufacturing processes. So far, the audit has revealed “non-compliance issues in Boeing’s manufacturing process control, parts handling and storage, and product control”.
This morning, several cascading outages resulted in many internet services being offline. The outage, while lasting only about an hour, affected an extremely wide range of platforms and services. Facebook was the first ecosystem affected by the outage, along with their subsidiaries Instagram and Whatsapp. However, problems were reported among many other platforms and services almost immediately. So far, Google, Youtube, TikTok, Twitter/X, Snapchat, Zoom, Discord, Gmail, Cloudflare, and AWS all reported issues or total outages. Some telecom providers (such as T-Mobile, Verizon, Spectrum, FirstNet) also reported issues all at roughly the same time. No word yet on the cause of the outage.
MI: Substantial explosions have occurred at an industrial facility in the vicinity of 15 Mile Road and Groesbeck Highway in Fraser (Detroit) overnight. Several fatalities have been reported, including a 19-year-old located a quarter mile from the blast site, who was struck and killed by falling debris. The cause of the fire and explosions is not yet known.
AC: Due to the extremely kinetic nature of the explosions, much speculation abounds regarding the seat of the initial blast incident. As the area is heavily industrialized, the fire and explosions impacted a wide area, owing to conflicting reports as to which business was the origin of the initial incident.
-----END TEARLINE-----
Analyst Comments: Multiple outages or service interruptions of completely different systems, from ISPs to social media, being reported all at the same time on Super Tuesday is indicative of nefarious intent just based on timing alone. While no cause has officially been disclosed, operating under the assumption of nefarious intent would be a wise decision.
Analyst: S2A1
//END REPORT//
Ukrainian forces have begun training and testing exoskeletons for battlefield use. Soldiers from the 147th Separate Artillery Brigade are using them in the Pokrovsk sector for both logistics and frontline operations. The goal is to reduce physical strain, especially when loading heavy artillery shells into howitzers without automatic loaders. Artillery crews can handle up to 1200 kg of ammunition per day, and early tests show that exoskeletons help them work faster and with less fatigue Above all, by improving the conditions for those soldiers on the front lines who handle such heavy loads, plus the stress of work. Seeking to reduce overall fatigue in the troops
:
🇮🇷🇮🇱 - 14 wounded in Iranian missile strike in central Israel, according to Israeli media.
🇬🇧🇮🇶 - A drone struck British Castrol oil warehouses in Erbil, Iraqi Kurdistan, causing extensive damage.
🇮🇷🇮🇱 - Iran launched 9 missiles towards Israel this morning alone, with at least 3 of them being cluster missiles.
🇱🇧🇮🇱 - Over the past 12 hours, Hezbollah launched counterattacks in Khiam and Qantara, in the Nabatieh direction, southeast Lebanon. Hezbollah recaptured northern Khiam, with fighting ongoing for the south of the town. Hezbollah units also re-entered Qantara; frontline sources reported clashes in the center of the town last night.
🇱🇧🇮🇱 - 48 IDF soldiers have been wounded in clashes with Hezbollah over the last 24 hours in southern Lebanon, according to the Israeli Army.
🇱🇧🇮🇱 - "The Israeli army is barely catching its breath in southern Lebanon, and its resources are less than in the previous round of fighting," - Haaretz....
🇺🇸 Blue Owl Capital just disclosed that investors tried to pull 40.7% of one fund and 21.9% of another in a single quarter, and both funds gave the same answer, you can only have 5% back, and everyone else waits in line.
This is a bank run, not a normal withdrawal.
Wall Street spent the last decade selling millions of investors on something called semi-liquid private credit, higher yields, steady income and the promise you could get your money back every quarter if you needed it. What they buried in the fine print was what happens when too many people try to leave at the same time.
Analysts who have covered private credit for decades say nothing on this scale has ever been reported before at any major private credit manager.
These funds do not hold stocks you can sell on a Tuesday afternoon, they hold private loans to mid sized companies that cannot be liquidated quickly without destroying the price for every investor still trapped inside.
This product was originally designed for ...
🇺🇸 President Trump wants to switch to war economy in 2027 with massive increase in military spending and massive cuts to healthcare and other domestic agencies
Once a deficit hawk — he said in 2016 that he thought he could balance the budget in five years — Trump ended his first term with $7.8 trillion in added debt. His 2027 proposal is expected to give an update on 10-year deficit projections currently estimated at around $16 trillion.
The GOP's message for the Midterms will be focused on the "need" for a massive defense build up while the Democrats' message will be focused on affordability.
The fiscal 2027 budget will be the first time Trump puts his second-term governing agenda into one comprehensive document — with the numbers to back it up. The budget he released last year lacked detailed line-by-line spending targets and the economic assumptions necessary to project the long-term cost of his proposals.
Investors in US Treasuries will be looking to see if the debt and ...
