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Czechs are ready to assist Slovakia if the Ukraine gas transit agreement ends
Czech Industry Minister said Monday that the Czech Republic was ready to offer Slovakia gas transit and storage capacity to help the country secure stable supplies, if Ukraine terminates a transit agreement for Russian gas as expected at the end the year. The ministry reported that Industry Minister LukasVlcek wrote to his Slovak colleague to let him know the Czech Republic would be able to provide more capacity both during this heating season as well as on a longer-term basis. Slovakia has been trying to maintain gas flow through Ukraine despite Kyiv refusing to extend its transit agreement with Moscow due to the ongoing Ukraine conflict. Vlcek stated that alternative supplies for the region will become more affordable once Germany agrees to exempt transiting countries from domestic gas levies from January 1. The Czech Republic has been one of the European countries to stop buying gas directly from Russia. However, the German tax had forced it in recent months to rely more on cheaper gas, possibly of Russian origin. (Reporting and editing by Kevin Liffey, Barbara Lewis, and Jason Hovet)
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Most significant air travel mishaps of 2024
The crash on Sunday of a Jeju Air Boeing 737800 in Seoul eliminated a total of 179 people in the deadliest air disaster on South Korean soil. Here are some of the biggest aviation accidents of 2024, in order of severity: SOUTH KOREA Jeju Air worldwide flight 7C2216, originating from Bangkok, Thailand, and directed to Seoul, crashed on Dec. 29, eliminating all 175 passengers and 4 of the 6 team. BRAZIL Voepass regional flight 2283, an ATR-72 turboprop stemming from Cascavel and directed to Sao Paulo, crashed on Aug. 11 in the town of Vinhedo, eliminating all 62 people on board. In a separate mishap, a small private plane, a twin-engine Piper PA-42-1000, carrying 10 people crashed into shops in the center of the traveler city of Gramado in southern Brazil on Dec. 22, killing everybody on board and injuring 17 individuals on the ground. KAZAKHSTAN Azerbaijan Airlines worldwide flight J2-8243, an Embraer E190 stemming from Baku, Azerbaijan, and directed to Grozny, Russia, crashed near the city of Aktau in Kazakhstan on Dec. 25, killing 39 people. 29 individuals made it through. NEPAL The CRJ-200 aircraft, a little passenger airplane belonging to Nepal's Saurya Airlines, crashed and ignited while taking off from Kathmandu to the Pokhara airport on July 24, killing 18 people on board and leaving one survivor, the captain. MALAWI Malawi's Vice President Saulos Klaus Chilima and nine others, consisting of former very first girl Shanil Dzimbiri, were eliminated on June 10 en route from Lilongwe to Mzuzu, when the military plane they were taking a trip in crashed. THAILAND Domestic charter flight TFT209, a Cessna Caravan C208B registered to Thai Flying Service Co stemming from Suvarnabhumi and directed to Trat, crashed 100 km southeast of Bangkok on Aug. 23, killing all 9 individuals onboard. IRAN Iranian President Ebrahim Raisi and 6 other guests and team of a U.S.-made Bell 212 helicopter passed away in a crash on May 19 in mountainous terrain in the Varzeqan region, near the Azerbaijan border. CANADA Six individuals were eliminated after a Northwestern Air airplane bring global miner Rio Tinto's workers crashed near Fort Smith in Canada's remote Northwest Territories (NWT) on Jan. 23. 4 passengers and two North Western Air Lease team members died in the crash, while one guest endured. JAPAN A Japan Airlines (JAL) airplane hit a. smaller Coast Guard airplane on the runway of Tokyo's Haneda. airport on Jan. 2. All 379 people aboard the JAL plane, an. Jet A350-941 flight, got away the burning airliner, while 5. of 6 crew on the smaller sized aircraft were killed. SINGAPORE One passenger passed away of a presumed cardiovascular disease and 30 were. hurt after a Singapore Airlines Boeing 777-300ER. aircraft from London to Singapore hit severe turbulence on May 21,. flinging passengers and team around the cabin and forcing the. plane to land in Bangkok.
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Cheniere produces very first LNG at Corpus Christi Phase 3 task
Cheniere Energy on Monday stated that liquefied gas (LNG) was produced for the very first time from the very first train (Train 1) of its Corpus Christi Stage 3 Liquefaction Project. As the commissioning procedure continues, the business says it expects significant conclusion of Train 1 to be attained at the end of the first quarter of 2025. Since Nov. 30, the general task completion for the Corpus Christi Stage 3 was 75.9%, the Houston, Texas-based business said in a statement. Upon completion, construction company Bechtel Energy will hand over the care, control, and custody of the finished train to Cheniere, the company added. The Corpus Christi Stage 3 Liquefaction Job consists of seven midscale trains and is projected to produce over 10 million tonnes per year (mtpa) of LNG. When these are significantly completed, the Corpus Christi liquefaction center's capacity is anticipated to surpass 25 mtpa of LNG. Cheniere is the biggest U.S. LNG exporter and the world's. second largest manufacturer of the superchilled gas. The business has. played a crucial function in helping the U.S. become the world's biggest. exporter of LNG. Recently, Venture Global LNG's tanker Endeavor Bayou. left the Plaquemines export plant in Louisiana for Germany,. bring the very first LNG freight produced at the center.
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Serbia prosecutes 13 for train station awning collapse
Prosecutors in the northern Serbian city of Novi Sad submitted an indictment on Monday against 13 people in connection with the collapse of a train station awning last month that eliminated 15 people and sparked a wave of protests. The concrete awning of the recently refurbished roofing collapsed on Nov. 1, killing 14 and hurting 3. Among those injured later passed away of their injuries. Trainees, opposition fans and the public have required to the streets consistently after the accident, which they blamed on widespread government corruption and nepotism that resulted in inferior construction. The federal government rejects the accusations. In a statement, the Higher Public Prosecutor's Office in Novi Sad, stated it had actually prosecuted officials and executives including the previous minister of infrastructure, his deputy and the designers and supervisors of the restoration project. The indictment was brought ... due to warranted suspicion that they have actually dedicated a severe offense versus general safety, ... triggered basic threat ... and (for) irregular and incorrect building and construction works, it said. In line with Serbian law, the indictment just recognized the offenders utilizing their initials. Transportation, Building and Infrastructure Minister Goran Vesic, Trade Minister Tomislav Momirovic and the head of state-run Serbian Railways have resigned over the event. On Nov. 4, Vesic stated he would resign, but that he might not accept obligation for the accident in Novi Sad. On Nov. 21, police detained 11 people in connection with the accident, including Vesic, whom the court released from detention on Nov. 27. Serbia's populist president, Aleksandar Vucic, said those accountable should be held to account.
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Wall Street Journal - Dec 30
The following are the top stories in the Wall Street Journal. Reuters has not confirmed these stories and does not vouch for their accuracy. - Previous U.S President Jimmy Carter, the Georgia peanut farmer whose one term in the Oval Workplace was afflicted by issues at home and abroad but who was granted the Nobel Peace Prize after he left office, passed away Sunday in Plains, Georgia. - The deadliest air mishap ever in South Korea killed 179 people on Sunday, when a twin-engine Boeing 737-800 airliner belly-landed and skidded off the end of the runway, emerging in a fireball as it knocked into a wall at Muan International Airport. - A buoyant stock exchange, decreasing rate of interest and US President-elect Donald Trump's lighter-regulation program will prompt a dealmaking rebound in 2025, dealmakers have stated. - U.S. Democratic leaders wish to hire New York state Assembly member and previous corrections officer D. Billy Jones to help it win an unique election in the Congressional district, as the celebration seeks to tap his working-class background to assist it sail through the mainly rural district.
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New York Times company news - Dec 30
The following are the leading stories on the New York Times service pages. Reuters has actually not verified these stories and does not vouch for their accuracy. - A Boeing 737-800 run by Jeju Air, bring 181 people crash-landed on its belly on Sunday at an airport in South Korea, striking a barrier and taking off into an orange fireball in the worst air travel disaster in the country in nearly 3 years. - The leader of Azerbaijan directly blamed Russia on Sunday for the crash of an Azerbaijan Airlines traveler jet last week, calling on Moscow to accept duty and offer settlement to victims. - U.S. President-elect Donald Trump appeared to weigh in on Saturday on a heated argument among his supporters over the function of experienced immigrant employees in the United States economy, saying he had frequently utilized the visas for those employees and backed the program. - Charles Dolan, who founded HBO, merged a group of small Long Island cable systems into a network he called Cablevision and accumulated a fortune building an ingenious communications, passed away on Saturday. He was 98.
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A minimum of 71 eliminated in Ethiopia roadway accident
At least 71 people died in Ethiopia when a truck packed with travelers plunged into a. river, according to the spokesperson for the southern Sidama. local government and a declaration. The mishap took place in the Bona district, the local. interaction bureau stated in a statement provided late on Sunday. Wosenyeleh Simion, representative for the Sidama regional. federal government, told Reuters on Monday at least 71 individuals had actually passed away,. including 68 males and 3 women. 5 are in a critical condition and taking treatment. at Bona General Hospital, he stated. In a statement late on Sunday the regional communication. bureau had given the death toll as 60. Wosenyeleh stated the truck had missed a bridge and fell. into a river and that the road had many bends. A few of the guests were returning from a wedding. event and some families had lost numerous members, he stated,. including traffic authorities in the area had reported the truck was. overloaded, which likely caused the mishap. The state-run Ethiopian Broadcasting Corporation (EBC). also reported that the passengers were travelling to a wedding. when the accident took place on Sunday. Fatal traffic accidents are common in Ethiopia, where. driving standards are bad and lots of automobiles badly maintained. A minimum of 38 people, mainly trainees, were killed in 2018. when a bus plunged into a gorge in Ethiopia's mountainous. north.
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Financial Times - Dec 30
The following are the top stories in the Financial Times. Reuters has actually not verified these stories and does not guarantee their accuracy. Headings - 'Social worth' might be offered more weight in deciding UK state contracts - EU prepares hot weather 'tension test' on railways and power grids - Russian smugglers import luxury cars from Europe in spite of sanctions Introduction - The British government is thinking about shocking public procurement guidelines to offer higher weight to social worth when selecting personal contractors under strategies that would enable more social enterprises to bid for state work. - Trains and electrical power grids throughout Europe might be stress evaluated for heat under strategies being prepared by the European Union to prepare important infrastructure for the demands of a warming world. - Russian smugglers are charging 10s of countless euros to import luxury cars from Europe, as EU sanctions in response to Moscow's full-blown invasion of Ukraine struck the country's. wealthy.
Why the Canadian freight rail halt will roil North American supply chains
Canada's two main freight rail business locked out around 10,000 of their Canadian unionized employees early on Thursday, starting an extraordinary simultaneous work stoppage that will grind practically all railway freight motion in the country to a halt.
HOW INTEGRATED ARE THE RAIL NETWORKS ACROSS THE United States AND CANADA?
Canadian National Railway Co and Canadian Pacific Kansas City have said their rail networks south of the border will continue to operate, however industry groups fear that a. work stoppage would have far-reaching results on the movement of. items and commodities throughout North America.
CN and CPKC's coast-to-coast rail networks in Canada link. south of the border and act as important supply chain links to. trade corridors and ports throughout The United States and Canada.
The networks intersect with those of U.S. rail operators. such as BNSF Railway, Union Pacific, Norfolk. Southern and CSX, assisting in the motion of. billions of dollars' worth of products and products through. ports and storage facilities across the continent.
CN's network stretches south to New Orleans. CPKC's network. links to the U.S. ports of Corpus Christi, New Orleans and. Gulfport, and it extends more south to the ports of Tampico. and Lázaro Cárdenas on the east and west coasts of Mexico.
HOW WOULD A CANADIAN RAIL INTERRUPTION AFFECT THE UNITED STATES?
Around a third of the traffic moved by the 2 Canadian rail. companies crosses the border with the United States.
Lots of U.S. business and producers, specifically those in the. Midwest, use Canadian ports for imports and exports, as Montreal. can be faster for shipments to and from Europe, while Vancouver. can be faster for ocean service to and from Asia.
Union Pacific, the No. 2 U.S. railroad operator, has warned. that a synchronised interruption would have devastating consequences. for the U.S. and Canadian economies.
Scores company Moody's stated the interruption could cost over. C$ 341 million ($ 251.14 million) per day.
Lots of groups representing miners, farmers, exporters,. and fertilizer producers, to name a few, have warned that their. sectors deal with debilitating supply-chain hold-ups, increased costs,. cash-flow restrictions and prospective shutdowns in a protracted. stoppage.
HOW WOULD THE U.S. AND CANADIAN FARM SECTORS BE IMPACTED?
An interruption would hit the movement of whatever from wheat. to ethanol, potash fertilizer and meat.
In particular, it would crimp deliveries of U.S. spring wheat. from Minnesota, North Dakota and South Dakota to the Pacific. Northwest for export. An interruption would also hit Canadian potash. and grain exports.
The U.S. exported $28.3 billion of farming products to. Canada in 2023, making it the third-largest location for U.S. farming exports behind China and Mexico. The U.S. imported. $ 40.1 billion of Canadian farming products last year,. making Canada the second-largest source of U.S. agricultural. imports.
Ethanol, potash, corn, cereals, food grains, cooking oils,. and meat are among the farming products traded in between the. 2 countries.
WILL TRADE WITH MEXICO BE AFFECTED TOO?
Mexico is Canada's third-largest single-country product. trading partner behind the U.S. and China, while Canada was. Mexico's fourth-largest merchandise trading partner in 2023.
Mexico exports trucks, automobiles and vehicle parts to Canada,. together with mangoes and avocados. Canada exports wheat, meat,. aluminum, vehicles and parts to Mexico.
Two-way trade between the two countries, much of which moves. through the rails, was almost C$ 55 billion in 2023.
CAN THE TRUCKING INDUSTRY ENTER THE BREACH?
Truckers state they are facing a rise in demand which roadway. freight rates are increasing for shippers in Canada. Nevertheless,. industry insiders say that while the trucking sector can manage. a few of the need, it can not replace rail distribution. In some. cases, the industry does not have the equipment, nor the. capacity, to manage bulk commodity cargoes such as potash, food. grains, or coal.
(source: Reuters)