Luria: Sending Japan-based USS Ronald Reagan to Middle East ‘Biggest Strategic’ Mistake in a Lifetime

Guided-missile cruiser USS Shiloh (CG-67) conducts carrier strike group integrated operations USS Ronald Reagan (CVN-76) on June 10, 2021. US Navy Photo

Dispatching the Navy’s Japan-based forward-deployed aircraft carrier to the Middle East earlier this year to bolster the withdrawal from Afghanistan was a major strategic error, a top lawmaker on the House Armed Services Committee said today.

Rep. Elaine Luria (D-Va.), a former nuclear-qualified surface warfare officer and current vice chair of...

https://news.usni.org/2021/12/08/luria-sending-japan-based-uss-ronald-reagan-to-middle-east-biggest-strategic-mistake-in-a-lifetime

Eliminating ‘Risk Aversion’ Key to Weapons Development, Says Vice Chair Nominee Grady

Adm. Christopher Grady speaks at the memorial service for Mr. John ‘Bag’ Hefti on Nov. 5, 2021. US Navy Photo

Fear of failure is keeping the U.S. from developing weapon systems to keep up with China and Russia, the nominee for the number two job on the Joint Chiefs of Staff told a Senate panel on Wednesday.

“That risk aversion was born of a period perhaps in the late 90s, early 90s, when we didn’t have any peer competitors. That’s not the case now. We have to be able to fail, to learn faster....

https://news.usni.org/2021/12/08/eliminating-risk-aversion-key-to-weapons-development-says-vice-chair-nominee-grady

Liberia And China Sign MoU For Cooperation In Maritime Affairs

The Liberian Maritime Authority and the Maritime Safety Administration of the Peoples Republic of China have signed a Memorandum of Understanding together in Beijing on 17 October. Liberia and China have entered into this framework for cooperation in maritime affairs to bolster and expand on their existing working relationship in areas of Maritime Safety.

Representation Image

The delegates concluded this MoU in Beijing after several months of close discussions and cooperation. The areas focused...

https://www.marineinsight.com/shipping-news/liberia-and-china-sign-mou-for-cooperation-in-maritime-affairs/

US Treasury maintains firm line on Chinese FX transparency

US Treasury maintains firm line on Chinese FX transparency

Tuesday 7 December 2021 – Vol.12 Ed.49.2

Commentary: US Treasury’s FX report gets it right

By Mark Sobel in Washington

The US Treasury’s latest foreign exchange report garnered little attention, perhaps because it rightly didn’t designate any countries for currency ‘manipulation’. But it is replete with sound technical analysis, plus worthy changes in the enhanced analysis framework. With a relatively dry assessment of China and a continued...

https://allaboutshipping.co.uk/2021/12/07/us-treasury-maintains-firm-line-on-chinese-fx-transparency/

SECDEF Austin Warns of ‘Enormous’ Effects of Potential Year-Long Continuing Resolution

Secretary of Defense Lloyd J. Austin III delivers the keynote address during the 2021 Reagan National Defense Forum at the Ronald Reagan Presidential Library in Simi Valley, Calif., Dec. 4, 2021. DoD Photo

Defense Secretary Lloyd Austin is warning Congress that an extended stopgap bill to keep the government funded would have “enormous” effects on the Pentagon.

In a statement released Monday, Austin argued that a one-year CR would be equivalent to a budget decrease for Fiscal Year 2022.

“While the...

https://news.usni.org/2021/12/06/secdef-austin-warns-of-enormous-effects-of-potential-year-long-continuing-resolution

Cyber Presence Operations Key to Pentagon’s Gray Zone Conflict with China

Navy Cyber Defense Operations Command (NCDOC) battle watch captains and current operations officers provide the watchstanders and incident responders on the current status of Large Scale Exercise 2021 (LSE 21) on Aug. 5, 2021. US Navy Photo

Chief of Naval Operations Adm. Mike Gilday believes the best way to counter Chinese gray zone cyber operations is to “be in the way” as the Navy is by operating forward in the Indo-Pacific region.

“I see the Chinese in the physical [domain], in the maritime,”...

https://news.usni.org/2021/12/06/cyber-presence-operations-key-to-pentagons-gray-zone-conflict-with-china

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