Boeing revealed on Wednesday that it has lost $1.1 billion in costs connected to its deal with the Trump administration to convert two 747 jumbo planes to serve as Air Force One — and CEO Dave Calhoun said the aviation… Read More ›
Geopolitics
Russian LNG exports to Germany are safe: Germany’s biggest gas importer
In a statement, Germany’s top importer of Russian gas said, Russian LNG inflows into Germany are safe, despite the fact Moscow halted supplies to Poland and Bulgaria since transit volumes headed elsewhere have not been affected. Uniper’s CEO however noted,… Read More ›
House of Representatives passes bill to help Taiwan regain observer status at WHO
In a significant development, the U.S. House of Representatives has unanimously passed legislation calling on the State Department to submit a plan to help Taiwan regain its observer status at the World Health Organization. The House of Representatives passed the… Read More ›
Turkish President Tayyip Erdogan to visit Saudi Arabia on Thursday
In a statement the office of Turkish President Tayyip Erdogan said, the President will travel to Saudi Arabia on a two-day visit on Thursday. The development marks the culmination of a months-long effort by Ankara to mend ties with Riyadh…. Read More ›
Donald Trump Will Not Return To Twitter Even If Ban On Him Is Lifted By Elon Musk
Former United States President Donald Trump has said that he would not return to Twitter even if the company’s new owner, Elon Musk, restored the former president’s ban. “No, I won’t be going back on Twitter,” Trump said in an interview… Read More ›
Britain reduces tariffs on Ukrainian exports to Britain to zero
In a statement the British government said, all tariffs on goods exported by Ukraine to Britain under an existing free trade agreement will be removed to help the Ukrainian economy. “All tariffs would be reduced to zero and all quotas… Read More ›
Europe-South Korea relations key to managing fallout of US-China rivalry
According to former ambassadors and government officials, it is important that Europe nurtures closer ties with South Korea under South Korean President elect Yoon Suk-yeol to manage China’s rising power and the increasing rivalry between the United States and Beijing…. Read More ›
EU Chief visits India with trade tech, military offers
On Monday, a senior official from the EU said, during European Commission President Ursula von der Leyen’s visit to India, she will seek to increase sales of European military equipment to India and relaunch talks of a free trade agreement…. Read More ›
Air Lease Corp to write off 27 jets stranded in sanction hit Russia valued at $802M
In a statement Air Lease Corp said, it is weighing options to write-off the value of 27 jets that are in sanctions-hit Russia, in a move that could lead to charges of nearly $802 million. Global aircraft leasing companies have scrambled… Read More ›
Johnson offers India know-how to build fighter jets, license for faster defense deliveries
In his first visit to India, British Prime Minister Boris Johnson is set to offer New Delhi know-how to build its own fighter jets and a licence for faster deliveries of defence equipment as it tries to wean India away… Read More ›