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Mitsubishi Electric and Sony Semiconductor Solutions have formed a joint venture to focus on artificial intelligence vision sensors for industrial manufacturing.JPMorgan Chase raised its price target for General Motors (GM.N) from $110 to $120.On July 22, the General Office of the Hainan Provincial Peoples Government recently issued the "Hainan Provinces 15th Five-Year Plan for Service Industry Development," which proposes to solidly advance the comprehensive pilot program for expanding the opening-up of the service industry. The plan includes: improving the data transaction and security system in the telecommunications service sector; relaxing restrictions on institutional cooperation and import restrictions on rare disease drugs in the medical and health care sector; deepening the Qualified Foreign Limited Partner (QFLP) pilot program in the financial sector and developing green finance and offshore trade; optimizing cross-border e-commerce and international consumption facilities in the commerce, trade, culture, and tourism sector; opening up green channels for cross-border freight and exploring new multimodal transport models in the transportation sector; promoting the deep integration of manufacturing and service industries and cultivating emerging industrial chains such as commercial aerospace and intelligent connected vehicles; optimizing foreign exchange management for foreign investment, simplifying port procedures, and relaxing restrictions on the practice and residence of foreign talent; improving industry standards in key areas such as data and transportation, and promoting mutual recognition and alignment of international standards.July 22 - According to the Zhejiang Provincial Bureau of Statistics, based on the unified accounting results for regional GDP, the provinces GDP in the first half of the year reached 4,793.7 billion yuan, a year-on-year increase of 5.7% at constant prices. By industry, the added value of the primary industry was 112.9 billion yuan, an increase of 4.4%; the added value of the secondary industry was 1,813 billion yuan, an increase of 6.2%; and the added value of the tertiary industry was 2,867.8 billion yuan, an increase of 5.5%.On July 22, the General Office of the Hainan Provincial Peoples Government recently issued the "Hainan Provinces 15th Five-Year Plan for Service Industry Development," which proposes to develop commercial aerospace technology services. Relying on the international satellite data trading service platform, the second phase of the intelligent launch service system for commercial aerospace launch sites, the third-party intelligent testing service center for low-orbit satellites, and the remote sensing and mapping application service capability enhancement project, the plan aims to promote the extension of commercial aerospace from hardware manufacturing to high-value-added operational services, thereby enhancing Hainans service capabilities in the international aerospace and telemetry support fields.

The conclusion of the Argentine truckers' strike increases grain shipments

Charlie Brooks

Jul 01, 2022 11:36


The Argentine truckers' strike ended on Thursday, when several unions incensed by fuel shortages reached an agreement to terminate the one-week protest near the vital port of Rosario, which is expected to assist future grain exports.


The truck driver's protest over high gasoline prices has halted shipments of corn and other goods, just as the bulk of the harvest was making its way to ports for export to worldwide markets.


Due to the exclusion of a few tiny truckers groups from the deal, however, it is possible that certain protests may continue.


Argentina is the second-largest exporter of maize, the top exporter of processed soy oil and meal, and a major supplier of wheat and beef.


One of the unions, Autoconvocados Unidos, issued the following statement: "Despite our dissatisfaction (with the latest settlement of truck freight rates) and in light of the present crisis in our country, we have chosen to halt the strike."


The union described their action as an act of kindness.


The number of trucks entering ports surged by 70 percent on Thursday compared to the previous day, reaching approximately 1,500 vehicles, as reported by the Rosario grains market.


The Rosario ports are the departure point for 80 percent of Argentina's agricultural exports, the vast majority of which are transported by truck.


The ability of trucks to access the port is returning to normal, according to the manager of the country's marine port chamber, Guillermo Wade.


Additionally on Wednesday, the transport ministry secured a deal with non-striking agricultural and transport groups to hike grain freight charges by 25%.


However, the majority of protesting unions, led by the UNTRA truckers' union, felt the rate increase insufficient and chose to dismantle highway blockades.


The head of the UNTRA, Carlos Geneiro, said, "We have far greater expenses than that."


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