Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Wed, Mar 25, 2026 04:59 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Michael J. Armstrong

Associate professor of operations research, Brock University

I work in the field of operations research. This specialty uses mathematical models to analyze and improve the performance of systems in business and the public sector. My current research involves models of military combat. These models can help us understand issues in international security studies and in military history. I have analyzed missile warfare at sea (e.g., anti-ship cruise missiles), rocket defenses on land (e.g., Israel's Iron Dome), and key battles in history (e.g., Balaclava, Gettysburg, and Coral Sea).

I have also collaborated on research to help university students make better decisions about their studies. We have examined how students respond to feedback about their grades, and how well they perform when repeating courses.

I have been a Fulbright visiting research chair at Norwich University, and a visiting professor at the U.S. Naval Postgraduate School.

Most of my research papers are available on Brock University's Digital Repository site.
http://dr.library.brocku.ca/handle/10464/6819

I teach courses in quality improvement, game theory, and operations management. I hold several professional certifications from the American Society for Quality.

Israel seems poised for a massive invasion of Gaza rather than prolonged attrition

Oct 16, 2023 09:12 am UTC| Politics

In the days since the Oct. 7 surprise attack by Hamas, Israel has counted its dead and secured its borders. The country now faces a grim choice. Will it continue trading air strikes and rocket fire with Hamas militants...

Cannabis in Canada: Debunking myths about the real impacts of legalization

Oct 10, 2023 07:39 am UTC| Law

Before Canada legalized recreational cannabis in October 2018, there was considerable debate about its potential effects. Some predicted it would trigger an economic goldrush, while others worried it would lead to public...

Give cannabis producers more packaging and labelling flexibility

Jan 19, 2021 04:57 am UTC| Law

While efforts to legalize recreational cannabis nationally have stalled in the United States, New Zealand, Mexico and Israel, Canadas legal market continues to evolve. Health Canada has recently been receiving...

Global Geopolitics Series

Iran flexes its missile muscle with terrible consequences

Jan 14, 2020 00:34 am UTC| Insights & Views

Irans Islamic Revolutionary Guards Corps (IRGC) recently demonstrated its sophisticated missile technology by attacking U.S. military bases in Iraq. But later the same day, its missiles unintentionally destroyed an...

Cannabis quality involves careful science and carefree highs

Jun 19, 2019 02:03 am UTC| Insights & Views Law

Canadas legal cannabis industry continues to make progress. Product shortages are decreasing. Store numbers are increasing. And edible cannabis regulations have just been finalized. With these basics falling into place,...

How Canadians are buying cannabis and getting high now that it's legal

Feb 19, 2019 16:57 pm UTC| Insights & Views Law Health

There was much speculation throughout 2018 about Canadas soon-to-be-legal cannabis market. But only recently has data become available that shows what cannabis consumers really want and actually buy. For example,...

Where's the weed? Clues to Canada's cannabis shortages

Jan 27, 2019 14:33 pm UTC| Business

Wheres the weed!? Thats been a common Canadian refrain lately. Shortages appeared almost immediately after recreational cannabis sales began last October. Provincial distributors subsequently blamed producers and...

1 2 3

Economy

Asian Markets Rally as Oil Prices Tumble and Middle East Peace Hopes Emerge

Asian stock markets posted strong gains on Wednesday, driven by a sharp decline in oil prices and growing optimism over a potential diplomatic resolution in the Middle East. The broad-based rally swept across the region,...

Australia's Inflation Eases in February but Core Pressures Persist

Australias consumer inflation dipped slightly in February, though stubborn underlying price pressures are keeping the Reserve Bank of Australia cautious about cutting interest rates anytime soon. According to the latest...

Oil Prices Plunge Over 6% as Middle East Ceasefire Hopes Ease Supply Fears

Global oil prices dropped sharply on Wednesday during Asian trading hours, with Brent crude falling below the $100 per barrel mark for the first time in recent sessions. The steep selloff came after emerging signs of a...

Currency Markets Show Caution Amid U.S.-Iran Negotiations

Global currency markets displayed muted movement during early Asian trading on Wednesday, as investors remained cautious following conflicting signals surrounding U.S.-Iran peace negotiations. President Donald Trump...

Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle Markets

U.S. stocks closed lower Tuesday in a volatile session as conflicting reports about potential U.S.-Iran peace negotiations left investors on edge. The SP 500 dropped 0.3% to 5,559.62, the Dow Jones fell 0.2% to 46,123.72,...

Politics

Trump's Overhaul of American History: Museums, Monuments, and Cultural Institutions

Since returning to the White House, President Donald Trump has launched a sweeping campaign to reshape how American history is presented across cultural institutions, national parks, and public monuments. Framing his...

Pakistan's Diplomatic Rise: Mediating U.S.-Iran Peace Talks

Pakistan is emerging as a key global mediator in efforts to end the ongoing U.S.-Iran conflict, leveraging its unique position as a trusted contact for both Washington and Tehran. This diplomatic role could elevate...

US Accelerates Taiwan Arms Deliveries Amid Rising China Threat

Taiwans Defense Minister Wellington Koo confirmed Wednesday that the United States has expressed a strong sense of urgency in bolstering Taiwans military capabilities, with active efforts underway to resolve long-standing...

Trump Administration Settles Lawsuit Barring Federal Agencies from Pressuring Social Media Censorship

The Trump administration has reached a landmark settlement that prohibits three major federal agencies from coercing social media platforms into removing or suppressing constitutionally protected speech. The agreement,...

Cuba Receives Humanitarian Aid Convoy Amid U.S. Sanctions

Cuba welcomed a long-awaited shipment of international humanitarian aid on Tuesday, as activists from the global Nuestra America Convoy successfully delivered essential supplies to the island nation despite ongoing U.S....

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

Elon Musks SpaceX is reportedly moving closer to going public, with plans to submit its initial public offering prospectus to regulators as early as this week or next, according to a report by The Information citing a...

OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership

OpenAI has officially shut down Sora, its AI-powered video generation tool, in a move that blindsided partners and staff alike and effectively ended a landmark deal with Walt Disney Co. The decision marks a major...

Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield

Tech-forward defense companies Anduril Industries and Palantir Technologies are reportedly joining forces to develop critical software for the United States most ambitious missile defense initiative to date the Golden...