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On April 6th, US President Trump stated in an interview on April 5th that the US is currently engaged in "in-depth negotiations" with Iran and hopes to reach an agreement before his April 7th deadline. Two sources indicated that the negotiations are being conducted through mediators from Pakistan, Egypt, and Turkey, and there has also been communication between Trumps advisors and the Iranian Foreign Minister. Trump stated that his special envoy, Witkov, and his son-in-law, Kushner, are conducting intensive negotiations with the Iranian side. Trump said that an agreement is very likely, but if an agreement cannot be reached, he will destroy everything there. Previously, Trump had threatened to destroy infrastructure vital to Iranian civilians if an agreement could not be reached with Iranian leaders.On April 6, Iranian Foreign Minister Araqchi stated during a phone call with Russian Foreign Minister Lavrov that the US threat to attack Iranian energy facilities was Washingtons "admission" of war crimes. In a statement, Iran said, "The Iranian Foreign Minister mentioned the US threat to attack Iranian energy facilities, considering these remarks a clear admission of war crimes." Araqchi pointed out that since the start of the war, the US has been attacking Irans industrial, energy, educational, medical, and nuclear infrastructure. He emphasized that the UN Security Council and the International Atomic Energy Agency should immediately condemn the US attacks on Iranian facilities.April 6 - According to the Telegram channel "TOLOnews Plus," citing the National Disaster Management Authority (ANDMA), as of Sunday, the death toll from floods and landslides caused by torrential rains that began in Afghanistan on March 25 has reached 99, with 154 injured.April 6th - According to foreign media reports, crude oil loading at the important Russian Baltic port of Ust-Luga was disrupted for several days following multiple drone attacks by Ukraine, but has now resumed. Shipping information shows that an Aframax bulk carrier named "Gem" began loading cargo on Saturday. Currently, Ukraine continues to attack Russian Baltic oil infrastructure; facilities at the port of Primorsk were damaged earlier on Sunday. Ukraines actions are aimed at curbing Russian export revenues. Global energy prices have risen due to the Middle East war. However, if Russia resumes a stable supply of crude oil from the Ust-Luga oil field, it could provide some relief to global markets turbulent due to Irans blockade of the Strait of Hormuz.Market news: Ust-Luga, a major Baltic port in Russia, has resumed crude oil loading after several days of disruption.

Boeing's MAX certification delay is supported

Charlie Brooks

Oct 20, 2022 14:24

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Boeing (NYSE:BA) Co. received support from a Republican senator and a major customer on Wednesday to ask Congress to extend the certification deadline for two new 737 MAX models.


The U.S. aircraft manufacturer says the FAA must certify the MAX 7 and MAX 10 by December. After that date, all FAA-certified aircraft must have contemporary cockpit alerting systems, which would postpone the deployment of the new MAX aircraft unless Congress grants a waiver.


Republican senator Lindsey Graham told Reuters he supports tying a MAX deadline waiver to a budget package or other measures.


Graham said on the sidelines, "We will fight as hard as we can to give Boeing the opportunity to establish that the plane works and that it does operate."


Congress passed the measures in late 2020 as part of FAA certification modifications after two 737 MAX crashes killed 346 people and grounded the best-selling aircraft for 20 months.


On Wednesday, United Airlines CEO Scott Kirby (NYSE:KEX) endorsed the extension, saying a universal 737 alerting system makes sense. "It's appropriate safety," Kirby told CNBC. "Changing the cockpit is dangerous."


2017 United bought 100 MAX 10s. Kirby said United will convert some orders to MAX 8 and 9 planes and buy additional Airbus 321s without an extension, hurting Boeing's U.S. jobs.


Kirby remarked, "We should all be Boeing fans," citing the company's economic and export benefits.


This month, Senator Roger Wicker failed to attach a restriction extension through September 2024 to a defense deal.


Southwest Airlines (NYSE:LUV) pilots support the proposal, while American Airlines pilots oppose it.


C.B. "Sully" Sullenberger, a commercial pilot who famously landed an Airbus A320 on New York's Hudson (NYSE:HUD) River after hitting a flock of geese, and many MAX crash victims' families are also opposed. "The FAA must require modern crew warning systems," Sullenberger said Friday.


Even with a waiver, MAX planes may not fly for a while.


In an Oct. 12 letter, the FAA stated some crucial material Boeing filed in the agency's ongoing investigation of the MAX 7 is incomplete, and Boeing doesn't expect approval for the MAX 10 until next summer.