Boeing signs $3B deal with Iran airline, a first under Trump
The unprecedented deal is expected to create about 18,000 jobs in the United States of America according to the US Department of Commerce.
Iran has been desperate to renew its ageing fleet of planes, but was largely blocked from dealing with major aircraft manufacturers until a 2015 accord with world powers that eased global sanctions in exchange for curbs to its nuclear programme. Aircraft lessors may be hesitant to provide financing if the threat of renewed sanctions raises a risk they couldn't reclaim the planes if Iranian carriers defaulted.
Aseman spokesman Amir Reza Mostafavi told The Associated Press that the deal came following several round of talks over the past year between the airline and Boeing. Iran Air also will lease 29 new Boeing 737s.
The new deal adds to a previous $16.6-billion order struck with another Iranian carrier. Trump has also spoken often about the importance of keeping jobs in the USA, which this deal would do, according to Boeing. Boeing is headquartered in Chicago and its planes are made by American hands in Washington and SC.
Donors seek more funds for Syria, EU presses for peace
It estimated that the war has caused more than $16 billion in lost crop and livestock production and farming assets. The appeal coincides with a tragic milestone - Syria's war having entered its seventh year.
Meanwhile, Boeing has been waging a charm offensive against Trump, tolerating his claims to have renegotiated a still-in-development deal to build a new Air Force One, for instance.
Boeing says in a statement that the agreement was negotiated under authorisations from the US government, but that the company is yet to receive the final approval from the US Treasury's Office of Foreign Assets Control (OFAC) to perform the transaction. The deal was made possible by the fact that the Obama administration lifted sanctions on Iran in return for the Islamic Republic to make concessions on its nuclear program. The Trump administration could move to reverse numerous promises made by the United States to Iran under the previous administration, including airplane sales and other concessions aimed at promoting business in Iran. As NIAC's 2016 report, 'Losing More Billions: The Cost of Iran Sanctions to the U.S. Economy, ' found, the United States is by far the biggest loser of all sanctions enforcing nations. In a statement that was released on Tuesday, Boeing did not fail to tout the potential job-creation effect of the deal.
Boeing shares rose 0.8 percent to $178.07 at 2:02 p.m.in NY.
"On the same day Bashar al-Assad's air force dropped chemical weapons onto children, an American company announced its intent to sell airplanes to Assad's patrons in Tehran", Peter Roskam of IL, an influential Republican who has long opposed Boeing's intentions in Iran, told the Times.
"This is not a market that means a great deal anymore", he said.
Axon offers police free body cameras to speed company's growth
Axon's body-camera division is growing rapidly. "They also hold the potential to change police work as we know it". Axon will begin trading at the Nasdaq under its new ticker, AAXN, at market open on Thursday, April 6.
Lance Stephenson Trolling The Toronto Raptors Into Anger Is Greatness
The Pacers shot 34.9 percent (15 of 43) in the first half. "Once he got going and his shots went in, they all got going". Stephenson had 12 points and was 5 of 10 from the field, but all of his production came in the final, decisive period.
Here's How To Make The Szechuan Sauce From Rick & Morty
Rick Sanchez, a mad scientist, has a flashback in which he goes to a McDonald's drive-through to order the sauce. And, in case you were wondering, here's an official advertisement for the sauce.
Pink diamond auctioned for record $71.2 million in Hong Kong
The auction is a world record for the price that this diamond has been sold as never a gem has been sold at so much high price. Sotheby s worldwide chairman for global jewellery David Bennet, who presided over the auction, called it a "historic sale".
Trump campaign adviser says info provided to Russian spies was 'immaterial'
Page denied wrongdoing in a previous interview with Buzzfeed , calling the dossier "dodgy". The Russians were heard laughing, saying Page had no idea they were government agents .
Ivanka Trump, Chelsea Clinton commemorate Equal Pay Day
Or that women are often driven into female-dominated occupations that are devalued , such as care work . The wage gap in union workplaces is half the size of the wage gap in non-union workplaces.
Yahoo, AOL To Merge Into New Company Named 'Oath' After Verizon Acquisition
Marni Walden, AOL's executive vice president and president of product innovation and new businesses will lead the new company . Though we all know nobody likes change, so we'll see how "unstopable" Oath becomes when it arrives this summer.
USA ends funding for United Nations Population Fund
The amendment affects organizations that support or participate in coercive abortion programs or involuntary sterilization. The UN Population Fund in 2015 received contributions totaling US$979 million, according to its website.
Spider-Man coming exclusively to PS4 in 2017, says Marvel
According to vice president and executive editor of Marvel Digital Media Ryan Penagos, we'll get to see this game prove itself in 2017.
Police search for suspect in Tewksbury gas station carjacking
The Sun reported that in December 2014 he led police on a high-speed chase in a stolen auto through Burlington and Bedford, Mass. Lowell police confirm they're actively looking for a suspect, but did not say if it was related to the carjacking.
Apr 06 2017