Army Gives Out $500,000 Armored Trucks for Free

Feb. 26 (Bloomberg) -- The U.S. Army is giving away 13,000 armored trucks, worth about $500,000 each. The 20-ton MRAPs, or Mine-Resistant Ambush-Protected trucks, were built specifically to save U.S. soldiers from roadside bombs in the Iraq and Afghanistan wars. Now the trucks are patrolling U.S. city streets. U.S. law enforcement agencies have received the lion’s share of this high-powered military surplus. (Source: Bloomberg)
Indonesia Court Weighs Challenge to Bank Regulator
31:44 - Indonesia’s Constitutional Court is said to decide who has control over the country’s banks. The Financial Services Authority, known as the OJK, took over the task last year, but lenders want the power to go back to the central bank. Bloomberg’s Kania Sutisnawinata reports on “Trending Business.” (Source: Bloomberg)
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