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Ukrainian President Volodymyr Zelensky will meet with French President Emmanuel Macron in Paris on Monday.On November 29, the Israel Defense Forces (IDF) announced that it had designated a suburb of Bethlehem in the West Bank as a "closed military zone." This followed a violent attack by Israeli settlers that injured several Palestinians. The IDF stated that it received reports of "violent clashes" between Israelis and Palestinians, with both sides throwing stones at each other, and reports of gunfire directed at Palestinians. IDF troops and police were deployed to the scene, using riot control to disperse the crowd and declaring the area a "closed military zone." Several Israelis were injured in the incident but refused medical treatment. Israeli police have launched an investigation.Kuwait Aviation Authority: Kuwait Airways has completed all technical system updates for its Airbus A320 aircraft.On November 29th, the Wall Street Journal reported that last month in Miami Beach, three powerful businessmen—two Americans and one Russian—huddled around a laptop, ostensibly to draft a plan to end the Russia-Ukraine conflict. But according to sources, their project extended far beyond that. Privately, they were devising a path to reintegrate Russias $2 trillion economy into the international arena and allow American companies to reap the benefits before their European competitors. In the mansion, billionaire developer and current U.S. envoy, Witkov, was hosting Dmitriev, head of Russias sovereign wealth fund and Putins handpicked negotiator. Dmitriev practically dominated the drafting and revision of the document on the screen. Trumps son-in-law, Kushner, also arrived from his residence. Dmitrievs plan involved American companies utilizing approximately $300 billion in Russian central bank assets frozen in Europe for joint U.S.-Russian investment projects and a U.S.-led reconstruction effort in Ukraine. American and Russian companies could also collaborate on developing the Arctics rich mineral resources.American Airlines: As of 7 a.m. Central Time, the team has made significant progress in resolving the Airbus software issue, with 4 of the 209 affected aircraft still awaiting the update.

Parts Scarcity Forces Ford and GM to Shut Down Two Michigan Factories

Aria Thomas

Apr 01, 2022 09:55

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Ford, the United States' No. 2 manufacturer, announced it will halt production at its Flat Rock Assembly Plant, where the Mustang is built, next week due to a worldwide semiconductor shortage.


GM said that it will halt production at its Lansing Grand River assembly plant next week due to a temporary component shortage. The plant produces the Cadillac CT4, Cadillac CT5, and Chevrolet Camaro. GM said that the manufacturing pause was not connected to chips but did not give any details.


The automotive sector is now battling a worldwide chip scarcity caused by the COVID-19 epidemic, which has forced firms to reduce output, while high vehicle prices have largely offset the financial effect.


Ford warned last month that the chip shortfall would result in a reduction in current-quarter car sales. Ford paused production at its Kansas City assembly plant, which produces F-150 pickup trucks, for a week last month owing to a chip shortage.


Ford Motor Company, located in Dearborn, Michigan, said that manufacturing at its other North American factories would continue as usual.


GM said last week that it will cease production at a Fort Wayne, Indiana, assembly facility that makes the Chevrolet Silverado 1500 and GMC Sierra 1500 pickup trucks for two weeks starting April 4 due to a semiconductor chip shortage.


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