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September 7th - According to Nikkei, Toyota Motor Corporation aims to increase its operating profit (excluding new car sales, such as software updates and vehicle leasing) by approximately 40% to 3 trillion yen (about US$19.2 billion) by fiscal year 2030. The Japanese automaker hopes to move away from its current business model, which is heavily reliant on new car sales, by generating profits from its existing 150 million Toyota vehicles worldwide.Conflict Status 1. The Iranian Revolutionary Guard claims to have struck a US aircraft carrier and destroyer. 2. Israeli attacks in southern Lebanon have resulted in multiple casualties. 3. Clashes between Yemeni government forces and Houthi rebels have left at least 117 people dead. Strait of Hormuz 1. The Iranian Revolutionary Guard released video footage of its actions against vessels violating regulations, claiming that the US escort was a complete lie. 2. Iran says it will declare the Strait of Hormuz a "no-go zone" in the coming days. 3. Secretary of Irans Supreme National Security Council: The navigational route map for the Strait of Hormuz agreed upon with Oman will be signed in the coming days. 4. Secretary of Irans Supreme National Security Council: Iran will only commit to keeping the Strait of Hormuz open if the US ceases its threats or attacks. 5. UK Maritime Trade Operations Office: 59 vessels passed through the Strait of Hormuz in the past 48 hours. Other Matters 1. Iranian military: Has demonstrated a new mode of resistance and will not surrender to the US. 2. Lebanese President: Israels attacks have exceeded the scope of the ceasefire agreement and the framework agreement for national institutions. 3. Iranian Parliament Speaker: Any future actions targeting Iranian interests and security will be met with a "faster, fiercer, and more painful" response. 4. The UAE, Saudi Arabia, Qatar, and eight other countries issued a joint statement condemning Israels statements regarding the expulsion of Palestinians from the Gaza Strip. 5. Iranian Foreign Ministry: The US waged war but made the whole world pay the price. 6. Iran will raise gasoline prices for heavy users.September 7th - Iranian Foreign Ministry Spokesperson Baghae stated: "The Strait of Hormuz was completely unobstructed until February 28th, when the US and Israel invaded Iran. Washington launched an illegal and barbaric war, disrupting normal commercial shipping; oil tankers stopped sailing, trade was interrupted, and energy prices soared. The US started the war, yet expects the whole world to pay for it, while portraying Iran as the instigator of this chaos. This is utterly absurd."September 7th - According to the Financial Times, citing multiple Western defense and intelligence officials, Europe has failed to effectively deter Russias "hybrid warfare" against the continent and must quickly develop new methods to curb Moscows actions against NATO member states, or risk escalating conflict with the Kremlin. Western officials stated that last months thwarted drone strike on Leipzig/Halle airport, carrying military-grade explosives, highlighted Russias brazenness in its aggressive practices against NATO and the ineffectiveness of existing deterrents. They added that a collective action from European countries is needed to address the issue. A senior Western defense official stated, "It is clear that we are doing far too little to deter provocations that do not violate NATOs Article 5." They added, "The deterrent force we provide is sufficient to prevent Russia from escalating conventional and nuclear warfare. But we really need to rethink our strategy for dealing with hybrid warfare."Ukrainian President Zelensky: We may prefer certain forms of negotiation, but worse is that there are no forms of negotiation at all. I want to thank U.S. Special Envoy for the Middle East, Witkov, and Trumps son-in-law, Kushner, for their roles in restarting the negotiation process today. It is very important that the U.S. team met with the Russian leaders and then with me today to discuss all possibilities. We held trilateral talks with European representatives, as well as a meeting of national security advisors, and I believe we will do everything we can to resume negotiations.

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."