WATCH Chechen leader inspect ‘jihad-wagens’

A leading Russian tech university was asked to militarize civilian vehicle platforms at Grozny’s request Ramzan Kadyrov, the leader of the southern Russian republic of Chechnya, demonstrated three prototypes of weaponized civilian vehicles on Friday. The project, dubbed “jihad-wagen” or “jihad-vehicle” by the authorities of the Muslim-majority region, is intended to pave the way for…

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US budget deficit tops half a trillion    

Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday.

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US lenders preparing for possible bank runs

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