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On December 24, Ukrainian President Volodymyr Zelenskyy stated that Ukraine does not agree to the requirement in the new 20-point "peace plan" that Ukraine abandon its NATO membership, and that Ukraine will not give up on joining NATO. Speaking to reporters in Kyiv, Zelenskyy pointed out that the agreement to end the Russia-Ukraine conflict is between the United States, Ukraine, Europe, and Russia, while whether or not Ukraine joins NATO is a choice that NATO member states must make. Zelenskyy said that negotiations between NATO and Russia concerning their relationship cannot bypass the question of Ukraines NATO membership. "How they negotiate is their business, but we have made our own choice because it is very important for Ukraines future."French President Macron: These measures by the United States demonstrate an intention to intimidate and challenge Europes digital sovereignty.On December 24th, Zotye Automobile announced that its ninth board of directors, at its sixth extraordinary meeting of 2025, passed a resolution to reach settlements with the Yongkang branches of the Bank of China and China Construction Bank. Previously, in two financial loan contract disputes, the Yongkang branch of the Bank of China applied to freeze 50,000 yuan and related shares, while the Yongkang branch of China Construction Bank applied to freeze 4.2142 million yuan and related shares. Both freezes were subsequently lifted, and neither case went to trial. Recently, the company reached settlements with both banks. With the Yongkang branch of the Bank of China, the company is required to repay 222 million yuan in principal and interest, with 10.178 million yuan to be paid before December 31, 2025, and the remaining balance to be paid before January 31, 2026. With the Yongkang branch of China Construction Bank, the company is required to repay 183 million yuan in principal and interest, with 10 million yuan to be paid before December 31, 2025, and the remaining balance to be paid before January 31, 2026. These settlements will facilitate the companys asset revitalization and resumption of production.An EU spokesperson stated: "If necessary, the EU will respond swiftly and decisively to defend our regulatory autonomy and resist unfair practices."An EU spokesperson stated that the EUs digital rules provide a safe, fair, and level playing field for all companies and are implemented in a just and non-discriminatory manner.

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.