The early years of the Belt and Road Initiative left China with tens of billions of dollars in soured loans, making it a costly way of building global influence. Now Beijing is reworking its flagship infrastructure lending program to shield itself from financial risk and focus on projects that support its evolving ambitions, including securing critical supply chains for things like green-tech minerals and positioning itself as a leader that developing nations can unite behind. In the second episode of our three-part series, “Building Influence,” AidData’s Bradley Parks, SOAS University of London’s Steve Tsang and the WSJ’s Chun Han Wong discuss Belt and Road 2.0 and how even though China is reducing its spending, it is no less ambitious when it comes to pursuing Xi Jinping’s strategic goals. Kate Bullivant hosts. Further reading: China’s Belt and Road Plan Is Down, Not Out China Reins In Its Belt and Road Program, $1 Trillion Later China Is Starting to Act Like a Global Power  Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode 29, host Aaron Crow is joined by cybersecurity expert Jori VanAntwerp to delve into Power Grid Security and Redundancy. This episode explores the segmented design of the US power grid, addressing the challenges and necessary upgrades to mitigate cyber vulnerabilities. Jori highlights security monitoring gaps, the impact of hardware updates, and the cost implications of modernizing infrastructure. The discussion also emphasizes the importance of asset inventory and collaborative efforts between IT and OT professionals. Real-world incidents, such as unexplained power plant reboots, illustrate the critical role of operator awareness and system maintenance. The potential of AI in cybersecurity, alongside the need for a collaborative, learning-focused approach, is also discussed. Tune in to gain expert insights on balancing modernization, cost, and operational efficiency to ensure the stability and security of our power infrastructure. Join us for a packed episode to learn how to "Protect It All." Key Moments:    05:30 Restoring power grids involves complex, staged processes. 11:01 Centralizing data improves efficiency, introduces vulnerabilities. 17:47 Network segmentation essential for security, mitigates risks. 26:12 Cybersecurity tools revealed crucial system issues. 32:15 Understanding systems fully prevents unintended negative impacts. 36:31 Understand OT environment before implementing IT solutions. 41:24 Equip must survive extreme heat, unlike typical data centers. 54:28 Strict access control in nuclear power plant. 57:48 Assess likely risks for protecting plant operations. 01:00:59 Rushed training weakens foundational cybersecurity skills.   About the guest :  For nearly two decades, Jori has enabled industrial and IT organizations to be successful in reducing risk, increasing compliance, and their overall security efforts. Jori has the ability to quickly evaluate situations and determine innovative solutions and possible pitfalls due to his diverse b

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Wedgemount Resources CEO Mark Vanry joined Steve Darling from Proactive to provide an update to Proactive on the company's field activities at its recently acquired Huggy Assets. After weather-related delays, Wedgemount has full operations going, including pumping, surface facility optimization, maintenance, chemical treatments, and well workovers. The company's primary focus remains on the Echo and Novice operational areas, where five additional wells have been brought back online. These wells had been inactive for a significant period before Wedgemount's acquisition. Historical initial production (IP) rates for these wells ranged from 15 to 65 barrels of oil equivalent per day (boepd). Vanry noted that previous successful chemical stimulations on Wedgemount’s Willowbend leases resulted in improved well performance. The company expects similar or better results from workovers and chemical treatments at Huggy, potentially exceeding the original IP rates. Looking ahead, Wedgemount has over 100 additional wells that have yet to undergo chemical stimulation, presenting significant production upside over the next two years. #proactiveinvestors #westmountreosurcescorp #cse #wdgy #otcqb #wdgrf #OilProduction #TexasEnergy #EnergyInvesting #OilandGas #MarkVanry #ProactiveInvestors #EnergyStocks #Investing #OilExploration