Stories for July 2018

Tuesday, July 17th 2018 - 08:52 UTC
Brazilian GOL Airlines expands fleet converting 30 Boeing 737 MAX 8 to MAX 10

Boeing and GOL Airlines announced that the Brazilian carrier is adding the newest and largest member of the 737 MAX family with a new contract that converts 30 current MAX orders to the 737 MAX 10. GOL also placed a new order for 15 more MAX 8 airplanes, growing GOL’s total MAX orders to 135. The Brazilian airline says the advanced airplanes will help GOL meet its commitment to further enhance operational efficiency by flying a young, modern and safe fleet.
Tuesday, July 17th 2018 - 08:46 UTC
US launches five dispute actions in WTO challenging China, EU, Canada, Mexico and Turkey

The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminum. The retaliatory tariffs on up to a combined US$28.5 billion worth of U.S. exports are illegal under WTO rules, U.S. Trade Representative Robert Lighthizer said in a statement.
Monday, July 16th 2018 - 12:44 UTC
Safest aircraft in the world revealed

With seventy percent of air travelers having some degree of fear of flying, it’s a question on the mind of almost every passenger – which are the safest aircraft. Flying today in a commercial passenger jet is incredibly safe but some aircraft types are safer than others and have perfect fatality free records.
Monday, July 16th 2018 - 08:54 UTC
North Falkland Sea Lion Project: Premier Oil advancing in contracting suppliers

Dril-Quip (Europe) in Aberdeen has announced a letter of intent with Premier Oil to provide subsea production systems for the Sea Lion Phase 1 development offshore the Falkland Islands. The letter of intent signed was described as a sizeable supply contract, but was undisclosed.
Monday, July 16th 2018 - 08:44 UTC
Argentina's debt expected to peak at 65% of GDP by end of 2018

The International Monetary Fund (IMF) expects Argentina’s government debt to peak by the end of 2018 and then fall as the country cuts its deficit as part of its US$50 billion deal with the Fund, according to a document published.
Monday, July 16th 2018 - 08:36 UTC
Chinese “money rich” and “time short” tourists want customized service and are willing to pay for it

More adventurous and better-off Chinese tourists are eschewing regular package deals and demanding customized tours that include exclusive visits to film locations, Michelin-star restaurants, ancient sites off the beaten track, and prestigious sporting events.
Monday, July 16th 2018 - 08:29 UTC
Iconic Taj Mahal: “either you demolish it or you restores it” India's Justices tell government

India’s most famous landmark, Taj Mahal, is being threatened with demolition and shut down if the government continues to fail to address its worrying changing color, the country’s top court has warned.
Monday, July 16th 2018 - 08:20 UTC
Lula the only hope for millions of Brazilians, says ex president Dilma Rousseff

Brazil's ex-President Lula da Silva, who is serving a 12-year-one-month jail term for alleged corruption, represents “hope” for millions of Brazilians, former leader Dilma Rousseff said on Sunday. Rousseff succeeded Lula as president and belongs to the same left-leaning Workers' Party (PT), which named Lula its presidential candidate in upcoming Oct. 7 elections, despite his legal woes.
Monday, July 16th 2018 - 08:13 UTC
Record direct investment in Chile in the first four months of 2018

Foreign direct investment in Chile reached US$ 8.48 billion in four months January to April, its highest level since records began 15 years ago, thanks to a new law designed to attract investment, the government investment agency stated.
Monday, July 16th 2018 - 07:42 UTC
Infantino praises Russia and Putin for “the best World Cup ever”

Gianni Infantino praised the organization of the Russia World Cup and restates that the first Middle East host could expand the tournament. Speaking at FIFA’s closing press conference of the four-week World Cup, the FIFA president said: ”For a couple of years, I was saying this would be the best World Cup ever, today I can say it with more conviction because I lived it and you lived it. It is the best World Cup ever.”