Category: Editors’ Picks

GE Aviation delivers first KF-X engine
5. 6. 2020 No Responses

GE Aviation delivers first KF-X engine

The US-based powerplant manufacturer announced the milestone on 4 June, noting that the first F414-GE-400K engine was delivered in May. Korea Aerospace Industries (KAI) selected GE Aviation in May 2016 to partner on the KF-X project, with an initial 15...
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ECB Expands Emergency QE By €600 Billion To €1.350 Trillion
4. 6. 2020 No Responses

ECB Expands Emergency QE By €600 Billion To €1.350 Trillion

As previewed last night, consensus was expecting for the ECB to boost its emergency QE PEPP program by €500BN. So perhaps not to risk disappointing markets, moments ago the Central Bank announced that it would not only expand the PEPP...
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Kratos XQ-58A Valkyrie as a potential platform to carry the Skyborg system
3. 6. 2020 No Responses

Kratos XQ-58A Valkyrie as a potential platform to carry the Skyborg system

The U.S. Air Force has issued a broad agency announcement to seek technical proposals for a potential $400M program that aims to advance prototyping and experimentation work on Skyborg unmanned air vehicles. A notice last week says the Skyborg Prototyping,...
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OPEC+ May Extend Its Historic Production Cut Agreement
2. 6. 2020 No Responses

OPEC+ May Extend Its Historic Production Cut Agreement

OPEC+ is set to bring forward its meeting to Thursday, with a short extension of the current production cuts as the most likely outcome. Originally scheduled to take place on June 9, OPEC is now looking at moving it up to...
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IndiGo, GoAir get extended deadline till August 31 to replace Pratt & Whitney engines
1. 6. 2020 No Responses

IndiGo, GoAir get extended deadline till August 31 to replace Pratt & Whitney engines

IndiGo and GoAir’s P&W engine-powered A320neo planes have been facing glitches over the past few months causing large-scale flight disruptions affecting thousands of passengers and raising safety concerns. In the wake of coronavirus-induced lockdown,...
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10 Years Since Zionist Murders Of Humanitarian Workers
31. 5. 2020 No Responses

10 Years Since Zionist Murders Of Humanitarian Workers

Mavi Marmara Ten Years on – Final Nail in Coffin of Zionist-Turkey Relations. Although Zionist regime later apologised for the mass murders that claimed the lives of nine Turkish nationals and one American and compensated the victims’ families, Zio...
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All-Electric Cessna Aircraft Makes Maiden Flight
30. 5. 2020 No Responses

All-Electric Cessna Aircraft Makes Maiden Flight

The world’s largest all-electric-powered utility aircraft conducted its maiden flight on Thursday, reported Flight Global. The electric-powered Cessna 208B Caravan is a utility aircraft produced by Cessna Aircraft Company, has been traditionally ...
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SUV Sales Exceed 40% Of Global Car Sales
29. 5. 2020 No Responses

SUV Sales Exceed 40% Of Global Car Sales

SUV Sales Exceed 40% Of Global Car Sales For The First Time. Sales of SUVs have been continuously rising not only in America but also around the world, to the point of exceeding 40 percent of all new car sales...
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Boeing Sees No Recovery In Air Travel For Years
27. 5. 2020 No Responses

Boeing Sees No Recovery In Air Travel For Years

Boeing CEO Dave Calhoun has just released an update on this week’s layoffs. He said involuntary layoffs have begun, a total of 6,770 US workers will be cut this week, adding that work reduction programs have already gone into effect for the company&...
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ECB Preparing To Run QE Without Bundesbank
26. 5. 2020 No Responses

ECB Preparing To Run QE Without Bundesbank

The shape of Europe’s massive monetary injection may change dramatically in the coming months. According to Reuters, citing four sources, the ECB has drafted contingency plans to carry out its multi-trillion QE programme without the Bundesbank in case Ge...
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Sinking Lufthansa agrees to $10 Billion state rescue package
25. 5. 2020 No Responses

Sinking Lufthansa agrees to $10 Billion state rescue package

After weeks of “intensive negotiations” between Berlin and Germany’s flagship carrier Lufthansa, an agreement has been reached on €9 billion state bailout aid. As part of the deal, the government will take a 20 percent stake in Lufthansa, as well as.....
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Top 12 Oil Majors Book $20.6 Billion Loss In 1Q
24. 5. 2020 No Responses

Top 12 Oil Majors Book $20.6 Billion Loss In 1Q

The 12 largest listed oil companies in the world booked a combined net loss of US$20.6 billion for the first quarter this year, compared to a collective net income of US$23.4 billion for Q1 2019, according to estimates of Anadolu...
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Nissan Considers Slashing 20,000 Jobs Worldwide
23. 5. 2020 No Responses

Nissan Considers Slashing 20,000 Jobs Worldwide

Nissan scientists and management have known for 3 years what the future of cars will look like. They also know that the day of reckoning has approached. Briefly: The future of cars will look a little different than what the design...
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JP Morgan warns: Transparent Currencies Could Threaten US Geopolitical Power
22. 5. 2020 No Responses

JP Morgan warns: Transparent Currencies Could Threaten US Geopolitical Power

JPMorgan’s head of of U.S. interest-rate derivatives strategy Josh Younger and chief U.S. economist Michael Feroli – wrote: “This revolves primarily around U.S. dollar hegemony. Issuing the global reserve currency and the medium of exchange for inte...
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Morgan Stanley Is The Fifth Of Six Major U.S. Banks To Refuse To Finance Oil Drilling In Arctic
21. 5. 2020 No Responses

Morgan Stanley Is The Fifth Of Six Major U.S. Banks To Refuse To Finance Oil Drilling In Arctic

After nine years, the U.S. banks finally know the reason. Morgan Stanley the fifth of six major U.S. banks to announce that they would not fund any future oil drilling in Arctic refuges, bringing the total list of major Arctic drilling divesters...
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