The Pentagon has initiated audits of several prominent American research universities, including Harvard, MIT, and Johns Hopkins, to investigate potential unauthorized technology transfers. The Department of Defense has not disclosed specific details regarding the audits.
Russia's State Duma passed its first comprehensive cryptocurrency law, establishing a licensing regime for exchanges and limiting legal trading to Bitcoin and Ethereum for most investors. The law, expected to take effect September 1, permits crypto for international trade to circumvent Western sanctions, while banning privacy coins and domestic crypto payments.
Russia is developing financial and leasing instruments to support its aircraft exports to foreign markets, according to Industry and Trade Minister Anton Alikhanov. Discussions are underway regarding the involvement of GTLK or Rostec in these mechanisms, with foreign partners showing interest, particularly India and Indonesia.
South Korea's presidential administration believes military-industrial cooperation with NATO will not negatively impact relations with Russia. President Lee Jae-myung proposed joint weapons development with the alliance, emphasizing Seoul is not joining NATO but enhancing foreign partnerships.
China has implemented new national security regulations, effective Wednesday, allowing broader review of overseas investments and transfers impacting its strategic interests, especially in AI and semiconductors. This move, amid tech competition with the US, aims to protect Chinese technological capabilities but raises concerns for Chinese companies' global expansion and foreign partners' access to Chinese expertise.
China has enacted a new law, dubbed the 2026 regulation on outbound direct investment (ODI), to probe and retaliate against foreign trade barriers and sanctions targeting its industries. The law requires Chinese investors to cooperate with authorities during overseas investigations.
Andrey Puchkov, CEO of the United Shipbuilding Corporation (USC), stated at the Fleet-2026 show that the company's shipyards and design bureaus possess the competencies to develop military-technical cooperation with foreign partners, citing ongoing work with the Indian Navy.
