Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Tech News

A Chinese ship is suspected of sabotaging undersea cables

Photo illustration of a lifesaver on a pixelated ocean.
Image: Cath Virginia / The Verge, Getty Images

A Chinese commercial ship is suspected of deliberately dragging its anchor to cut undersea cables that connect countries over the internet, The Wall Street Journal reports.

International investigators reportedly believe the crew aboard Yi Peng 3, a bulk carrier full of Russian fertilizer, dragged its anchor for more than 100 miles across the Baltic seabed, damaging the cables that run across it. Two different internet links — one between Sweden’s Gotland Island and Lithuania, and another between Finland and Germany — stopped working earlier this month, prompting the investigation by authorities from all four countries and other nations, according to the Journal.

Investigators are now trying to figure out if Russian intelligence…

Continue reading…

You May Also Like

Editor's Pick

In this StockCharts TV video, Mary Ellen reviews the broad-based rally that pushed the Equal-Weighted SPX to new highs. She also shared base breakouts and...

Tech News

Illustration by Alex Castro / The Verge The young streamer behind a viral meme coin called Quant was doxxed by the crypto community after...

Editor's Pick

Clark Packard In anticipation of the Thanksgiving holiday this week, the Cato Institute published a new essay from Philip G. Hoxie entitled “Globalization Helps...

Editor's Pick

Eric Gomez and Benjamin Faber In October 2024, Congress received notification of two new arms sales for Taiwan, and the Ministry of National Defense...

Copyright © 2023 FinancialSourceReport.com All Rights Reserved.