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To help Airbus, Macron pressed Canada to ease Russia titanium sanctions
French President Emmanuel Macron personally intervened to persuade Canadian Prime Minister Justin Trudeau to give Airbus and other aerospace firms relief from sanctions on Russian titanium. The request was made during a phone call between the two leaders in March, weeks after Canada broke ranks with allies and slapped sanctions on the strategic metal. Macron had made a "significant effort" to convince Trudeau to grant an exemption for European companies. At least one other European government also weighed in to support the lobbying effort. Ottawa initially stood firm but within days modified its policy by granting Airbus and others waivers.
Six months into war, Russian goods still flowing to US
The Associated Press found more than 3,600 shipments of wood, metals, rubber and other goods have arrived at U.S. ports from Russia since it began launching missiles and airstrikes into its neighbor in February. That's a significant drop from the same period in 2021 when about 6,000 shipments arrived, but it still adds up to more than $1 billion worth of commerce a month.
War, hunger, Covid-19 cast gloomy shadow over Europe
From political upheaval to battered industries and the threat of a migration crisis, European leaders face myriad threats to the stability and prosperity of the old continent.
Invasion fallout frays supply chains anew in inflation shock
Almost all of the 10-largest container shipping companies, responsible for moving some 80% of global trade, have stopped accepting bookings for Russian cargo and ports from Europe to the U.S. are turning away the nation’s vessels.
Five essential commodities that will be hit by war in Ukraine
Ukraine and Russia are essential suppliers of raw materials and energy for many crucial supply chains.
Russia willing to offer localized manufacturing partnership to India in civilian aircraft: Rostec CEO
The manufacturing plan is firstly focused on the domestic market. However, MS-21 will go for the EASA certification which would enable the export to compete with medium-range aircraft of international manufacturers (direct competition include Airbus A320 and Boeing 737).
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Rostec State Corp to sign up for manufacture of Ka-226T copters in India
Rostec will give presentation of search and inspection systems, developed by Ruselectronics at Goa based on the linear electron accelerator.
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