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Pentagon's new missile could checkmate China — why everyone's talking about it

Pentagon's new missile could checkmate China — why everyone's talking about it

Time of India3 days ago
US and Australia's Joint Efforts to Boost Pacific Security with PrSM
PrSM vs ATACMS: Key Differences and Advantages
The Role of PrSM in Deterring a Chinese Invasion of Taiwan
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What Makes PrSM a Game-Changer in Modern Warfare?
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A breakthrough missile developed by theis fast becoming the centerpiece of the US military's effort to deter a potential, and it's already making waves across the Pacific, as per a report.The, or(pronounced 'prism'), is the latest high-tech weapon in America's growing arsenal and could tip the scales in the ongoing power struggle between the US and China, as per The Telegraph report. The missile, manufactured by Lockheed Martin , was recently test-fired in Australia, the first time a US ally has used the system in the field, and it hit a target more than 190 miles away, according to the report.ALSO READ: Google and Meta no longer cool? 75% of grads are walking away from Big Tech dreams for new career paths Unlike its predecessor, the ATACMS missile, the PrSM has a reported range of over 300 miles, can reach speeds of around 4,000 km/h, and has the capacity to launch two missiles per pod, doubling its firepower, as per The Telegraph. It can be fired from highly mobile HIMARS or MLRS launchers, the same ones that have helped Ukraine stall Russian advances in recent years, according to the report.The timing of this weapons upgrade comes at a critical time when both the US and China are ramping up their military capabilities in the Pacific, particularly around Taiwan, as China continues to signal that it considers Taiwan as part of its territory even though it has effectively been independent since the 1940s, as reported by The Telegraph.Earlier this year, US Defense Secretary Pete Hegseth warned that a Chinese invasion of Taiwan 'could be imminent,' according to the report. In such a scenario, the PrSM would serve as a powerful deterrent, allowing US forces and their allies to inflict serious damage on Chinese naval ships long before they reach Taiwan's shores, as per The Telegraph report.Doug Bandow, a senior fellow with the Cato Institute, pointed out that, 'There's always a constant battle with both sides to try to respond to whatever advances the other side has,' adding that, 'But I'd say these [PrSMs] have the potential for dramatically increasing the risk factor for a Chinese fleet. So that's substantial,' as quoted in the report.ALSO READ: NYC office shooting: Security guard Aland Etienne among four killed, gunman Shane Tamura's target remains unclear Taiwan, which already operates 11 HIMARS systems and is expecting more by 2026, could eventually deploy PrSMs as part of its defense strategy, as per The Telegraph report.Bandow explained that, 'The most important advantage of a weapons advance like this is it simply encourages the Chinese to say, 'No… we don't have to do it now',' as quoted by The Telegraph.He added that, 'In my view the best chance of getting through this is to simply have that happen a lot. And hopefully we can get to a point, whatever that point is, where everyone agrees war is really stupid and this won't happen,' as quoted in the report.Lockheed Martin is the company behind this advanced missile.It helps Taiwan defend itself by threatening Chinese naval forces before they can launch an invasion.
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Mirwaiz praises three Lok Sabha members from Kashmir for highlighting plight of people of J&K in the parliament
Mirwaiz praises three Lok Sabha members from Kashmir for highlighting plight of people of J&K in the parliament

Time of India

time29 minutes ago

  • Time of India

Mirwaiz praises three Lok Sabha members from Kashmir for highlighting plight of people of J&K in the parliament

Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Hurriyat leader Mirwaiz Umar Farooq on Friday urged New Delhi to address ' Dil Ki Doori ' with Jammu and Kashmir through also praised Lok Sabha members from Kashmir, Mian Altaf and Aga Ruhullah from ruling National Conference and Engineer Rashid of Awami Ittehad Party for putting a united stand in the parliament and highlight concerns and plight of people of J&K. The Hurriyat leader said it was 'great' to see political leadership across the spectrum from Kashmir on the 'same page.'"Neither war, nor violence, nor use of force can solve problems and lead to peace and prosperity, which the billions of people in the Indian subcontinent seek, and the swathes of poor in this region deserve," said Mirwaiz, adding, "Engagement at all levels is a far cheaper and evolved alternative."Mirwaiz said during a debate in the parliament on the India–Pakistan war following the heinous Pahalgam incident very few members and mostly from the opposition talked of the human aspect of the war. "They spoke about its costs therein, and its correlation to J&K, which reflects the mindset and mood of the times," said Mirwaiz. Hurriyat leader said three Lok Sabha members from J&K were the only ones to highlight the deep concerns and plight of the people at the epicentre of the basic problem and the current debate."They spoke with passion and pain about the disempowerment and dispossession of the people of J&K. They expressed the sentiments of the people of J&K that we have all along been talking about. It is good to see that on these matters all are on the same page," said Hurriyat leader said he can only hope that what the Lok Sabha members from Kashmir said was heard by those in power in New Delhi. "If they really want to lessen 'Dil Ki Doori" they must pay heed to it.

Wall Street Week Ahead: AI gains, strong earnings support US stocks as tariff woes linger
Wall Street Week Ahead: AI gains, strong earnings support US stocks as tariff woes linger

Economic Times

time30 minutes ago

  • Economic Times

Wall Street Week Ahead: AI gains, strong earnings support US stocks as tariff woes linger

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel With more than half of second quarter earnings reported and stocks near record highs, company results have reassured investors about the artificial intelligence trade that has energized Wall Street, even if tariff worries curtailed results in from 297 of the S&P 500 companies as of Thursday, year-on-year earnings growth for the second quarter is now estimated at 9.8%, up from 5.8% estimated growth on July 1, according to LSEG week investors will get a peek at earnings from Dow Jones Industrial Average constituents Disney, McDonald's and Caterpillar, for a look at the broader economy. Strong profit reports for these companies could propel the Dow, trading just shy of its December record high, to a fresh 81% of the companies have beaten analyst expectations on earnings, above the 76% average for the past four quarters."The earnings season has been unambiguously better than expected," Art Hogan, chief market strategist at B. Riley Wealth in Boston, strength of corporate earnings is particularly reassuring for investors after the pummeling sentiment took in the prior quarter due to the twin threats of tariffs and worries over flagging economic growth."The first quarter was a bit more mixed and you had some questionable economic data ... which I think gave the market some pause," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York."But the second quarter seems to have just been a turnaround," Ghriskey strength of results for names linked to the artificial intelligence trade - the investment thesis that AI will be a transformative force, driving a significant portion of future economic growth and company profits - is particularly heartening, investors and analysts said."Overall it has been mega caps, growth/technology/AI that is driving a lot of the results," Ghriskey said."This is where we want to be exposed in terms of companies ... we're at maximum equity exposures and we're comfortable there."Having boosted the market for several quarters, the trade ran into rough waters at the start of the year as the emergence of Chinese-founded artificial intelligence startup DeepSeek rattled investors, stoking concerns over heightened competition that could disrupt the dominance of established tech giants at the heart of the AI trade, including results from Microsoft and Meta Platforms reassured investors that massive bets on AI are paying over AI demand appear overblown, Macro Hive research analyst Viresh Kanabar trade related tumult earlier this year prompted many investors to pare equity exposure, particularly to higher-risk growth after the market rebound - the S&P 500 is up about 6% for the year and near a record high - institutional investors have been slow to return to equities. Overall, investors' equity positioning is still only modestly overweight, according to Deutsche Bank in earnings from AI and technology names could draw more investors and lift markets further in coming weeks, analysts said."If you are trying to beat your benchmark and you were underweight any of the AI names you have to chase them," B. Riley Wealth's Hogan S&P 500's 2.2% gain in July, the seasonally volatile months of August and September, markets might face some short-term turbulence, Hogan said. Historically, August has marked a pick-up in stock market gyrations that peaks in kicked off with stocks selling off sharply on Friday as new U.S. tariffs on dozens of trading partners and Amazon's unimpressive earnings weighed on sentiment, while a weaker payrolls report added to risk any near-term market pullback should be seen as a buying opportunity, especially in some of the mega-cap, technology names, Hogan big AI names, Alphabet, Microsoft, Nvidia, Meta Platforms and Amazon, commanding about a quarter of the weight in the S&P 500, the health of the AI trade bodes well for the market at an index level, analysts said."We're not saying the weakness isn't there in other parts of the economy," Kanabar said."We're just saying at the index level, the largest companies dominate to such an extent (that) it doesn't matter to some at the moment." (Reporting by Saqib Iqbal Ahmed; Additional reporting by Caroline Valetkevitch and Chuck Mikolajczak; Editing by Alden Bentley)

India builds road in Bhutan for strategic access near China border
India builds road in Bhutan for strategic access near China border

India Today

time32 minutes ago

  • India Today

India builds road in Bhutan for strategic access near China border

India is building infrastructure near the Line of Actual Control (LAC) to improve mobility and military movement. A road has been built in Bhutan near Doklam, where India and China had a standoff in 2017. The road connects to the Haa Valley in Bhutan, which is about 21 kilometres from Border Roads Organisation (BRO) built the road at a cost of about Rs 254 crore. Bhutan's Prime Minister Tobgay Tshering inaugurated the road on Friday. The road will help local people in Bhutan and also improve movement of security forces if road leads to the Chumbi Valley in the Tibet Autonomous Region. Chinese soldiers are deployed in the Chumbi Valley. The road will help the Bhutanese Army reach the border near the Chumbi Valley. It will also help with the movement of supplies. While Bhutan will use the road for now, India will also benefit if there is a need in the future. India is strengthening its ties with Bhutan. Bhutan is close to the India-China border and faces challenges from China. India sees its partnership with Bhutan as important for this STANDOFF In 2017, China tried to build a road to Jamferi Ridge in Doklam. The Indian Army stopped the road construction by launching Operation Juniper. Indian soldiers entered Doklam and stopped the Chinese soldiers. After a 72-day standoff, the Chinese Army China built infrastructure and helipads in Doklam and deployed troops in the area. Doklam is located near Bhutan and lies at the junction of Sikkim, Bhutan, and DANTAKIndian Army Chief General Upendra Dwivedi recently visited Bhutan and was briefed on the Haa Valley road. Five bridges have been built along the road, and it allows movement in all weather conditions. The road is part of BRO's Project Gen Raghu Srinivasan, Director General of BRO (DGBR), is on an official visit to Bhutan to review the project. He met King Jigme Khesar Namgyel Wangchuck and Prime Minister Tobgay, who praised BRO's role in Bhutan's Rs 254 crore upgraded Confluence–Haa Road aims to improve transport, tourism, and logistics. BRO has been working in Bhutan since the 1960s. Its work increased after the Doklam standoff in 2017.- Ends

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