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On July 27, Japanese Prime Minister Shigeru Ishiba said in an interview with NHK that he plans to stay in office despite growing calls within the ruling party for him to resign after last weeks election defeat. "I will devote myself to the future of the people and the country," he said. He added that he must take responsibility for implementing the recently announced US-Japan trade agreement. Ishiba will speak at a Liberal Democratic Party meeting on Monday. LDP members have been calling for someone to be held accountable for the results of the July 20 Senate election. Former Foreign Minister Toshimitsu Motegi called on the LDP to change its leader on his YouTube channel over the weekend. Several Japanese media reported last week that Ishiba planned to resign, but the latter later denied the news. When NHK asked him if he had wavered in his decision to continue to govern, Ishiba replied "no".Russian Defense Ministry: Russian troops have attacked Ukrainian remote drone control stations. The deployment locations of the Ukrainian Armed Forces in 146 regions have been attacked.On July 27, US President Trump posted a picture on his "real social media" showing former US President Obama driving the white Ford Mustang SUV that former US football star OJ Simpson rode when he fled in the "wife murder case" in 1994, while Trump and Vice President Vance were driving behind to catch up. Vances image was also modified and came from the previously popular "Fat Vance" emoticon package.On July 27, Russian Presidential Press Secretary Dmitry Peskov told reporters that Russian-Ukrainian relations after the special military operation are currently an overly theoretical issue, and the tasks of the special military operation must be completed first. Peskov said that before determining the principles of future interaction between Moscow and Kiev, it is necessary to confirm that the tasks facing the special military operation in the direction of Ukraine have been completed. He said: "First of all, we still have to solve the problem. We need to confirm that the tasks facing the special military operation have been completed." Peskov added that Russia prefers to achieve peace with Ukraine through political and diplomatic means. However, Kiev and its Western allies have rejected all proposals for peace talks, so the special military operation continues.According to Russian media: Kremlin spokesman Peskov said that Russia prefers to resolve the Ukrainian conflict through political and diplomatic means, but Kiev and the West rejected this approach.

Boeing Will Restructure Its Commercial Aircraft Finance Arm

Charlie Brooks

Feb 17, 2023 11:41

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As part of an effort to streamline its organizational structure, Boeing (NYSE:BA) said on Thursday that it will merge its aircraft financing division with its commercial jets division.


Boeing stated that, following the retirement of Boeing Capital Corp (BCC) President Tim Myers this spring, it will "realign" the commercial aviation unit's finance arm while retaining "strong cooperation" with the company's treasury arm. Airfinance Journal previously reported the development.


Boeing Capital provides asset-based financing and leasing to prospective commercial aircraft purchasers. By relocating the financing organization under its commercial airplane division, Boeing wants to streamline the purchasing process for its customers.


The reorganization would "concentrate resources on our core business of servicing our customers and their finance requirements," Boeing Chief Financial Officer Brian West said in an internal memo obtained by Reuters.


A spokeswoman for Boeing stated that the change will give airlines with "more consistent help" for arranging aircraft finance.


West stated in a message that Rob Martin, chief financial officer of the commercial airline division, and David Whitehouse, Boeing's treasurer, will be responsible for the transfer.


The shutdown of Boeing Capital maintains Boeing's history of operating structure consolidation. The corporation announced in November a restructure of its defense segment that sought to cut its business divisions in half.