Thursday, June 21, 2018
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International News

Boeing vs Airbus subsidies: ultimately irrelevant?

altFrom time to time a new episode in Airbus and Boeing’s 14 year-old litigation over alleged subsidies comes out, adding to the case’s complexity, like when the appellate body of the WTO’s Dispute Settlement Body issued its latest ruling on May 15th.


Americans own nearly half world's guns in civilian hands

Handguns.Americans make up 4 percent of the world’s population but owned about 46 percent of the estimated 857 million weapons in civilian hands at the end of 2017, a survey showed on Monday.


Rolls-Royce cuts 4,600 jobs at 'pivotal moment' for business

A damaged Trent engine.Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to reduce costs and complexity and make Britain’s best known engineering company more profitable and dynamic.


EU executive unveils 13 bn euro defence fund; could buy weapons for Africa

Eurofighter Typhoons.The European Union’s executive proposed on Wednesday a 13 billion euro ($15.3 billion) defence and security fund for the first time to help build up depleted militaries that are heavily reliant on the United States.


Trump surprises with pledge to end military exercises in South Korea

South Korean and US tanks during an exercise.U.S. President Donald Trump’s declaration on Tuesday that he intended to end joint military exercises with South Korea took South Korean and U.S. military officials by surprise.

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