Latest News
-
After a fatal air crash, US Democratic Senators propose radical reforms to the air safety system
Seven Democratic Senators introduced air safety legislation on Thursday after a deadly collision between an Army Helicopter and an American Airlines Regional Jet in January near Reagan Washington National Airport that killed 67 people. Lawmakers have asked why the Federal Aviation Administration has not acted for years in response to close calls that involved helicopters near Reagan. The bill would mandate a review on helicopter operations and passenger safety at major airports. It would also require new FAA safety assessments after fatal passenger airline crashes and the use of ADS-B technology, an advanced aircraft tracking system. The FAA didn't immediately respond to our request for comment. Ted Cruz, Republican Chair of the Senate Commerce Committee, held a series aviation hearings, and demanded that the FAA and Army take action to reduce collision risks. Cruz did not immediately respond to a question about whether he backed the Democratic proposal. Senator Maria Cantwell said that the accident "exposed critical oversight gaps in aviation safety." She said that the legislation "closes danger loopholes which allowed aircraft to operate with essential safety technology without, and mandates modern surveillance system that enhances pilot awareness of aircraft nearby, and ensures that the FAA acts on data instead of ignoring them." The Army Black Hawk helicopter was not using ADS-B during a routine mission of training when it collided into the American jet. In April, the FAA announced that government helicopters would be required to use ADS-B near Reagan National except for "active national security missions." Families of the victims of the American plane crash have said that the bill is a "meaningful step forward" in aviation safety. This issue has become personal and urgent for the families. After a near-miss on May 1, the FAA suspended Army helicopters flying around the Pentagon. In recent months, there have been several other close calls that were troubling. In March, the National Transportation Safety Board reported that there have been more than 15,200 incidents between commercial aircraft and helicopters that had a lateral separation of less that 1 nautical mile, and a vertical separation of less that 400 feet. There were also 85 close calls during this period at Washington Reagan. In March, the acting FAA administrator Chris Rocheleau admitted that the data were troubling. Rocheleau stated that "clearly something was missed". (Reporting and editing by Leslie Adler, Jamie Freed and David Shepardson)
-
Rumo cancels agreement to sell stake in Brazil Port Terminal to Bunge, Zen-Noh Grain
Brazilian rail operator Rumo has terminated a 2024 deal to sell a part of the terminal at Latin America’s largest port, to U.S. commodities traders Bunge and to a subsidiary from Japan’s Zen-Noh Group. Rumo stated in a filing with the Securities Commission that the conditions of the agreement for a 50% stake in the XXXIX Terminal, located in Santos Port, had not been fully met before the deadline. It did not give any further details. The parts were Announcement of the Deal Rumo reported that the agreement would be worth 600 million reais ($107.44 millions) in May 2024. Bunge released a statement confirming the termination, stating that it had accepted Rumo’s decision. Zen-Noh Grain didn't immediately respond to an outside of normal business hours request for comment. Caramuru Alimentos is the Brazilian grain processor that owns the other 50%. ($1 = 5,5845 reais). (Reporting and editing by Brendan O'Boyle; Patricia Vilas Boas, Andre Romani)
-
Canadian regulator confirms that the Prince Rupert Gas Transmission Pipeline project has begun
The British Columbia Environmental Assessment Office determined on Thursday that the work on the Prince Rupert Gas Transmission Natural Gas Pipeline Project has already been substantially begun, according to the provincial government. B.C. said that the decision meant a certificate of environmental assessment for 2014 will remain valid indefinitely unless it is suspended or revoked under the Environmental Assessment Act. In a press statement, the government confirmed this. The PRGT project, which spans 900 km from Hudson's Hope to Lelu Island near Prince Rupert on Canada's Pacific Coast. The 900-kilometre PRGT project will run from Hudson's Hope in northeastern B.C. The Nisga'a First Nation, and Western LNG acquired it from TC Energy in March 2024 for the purpose of supplying natural gas to a proposed 12 million tonneS/year Ksi Lisims liquefied-natural facility. The certificate of environmental assessment issued in 2014 required that substantial progress be made on the project by November 25, 2020. The B.C. The B.C. According to the government statement, compliance and enforcement officers would continue to monitor PRGT throughout its construction and operation in order to ensure that it met all environmental requirements. (Reporting by Anjana Anil in Bengaluru; Editing by Nia Williams)
-
US ends 'Quiet Skies,' airline passenger screening program
The Transportation Security Administration is discontinuing the "Quiet Skies", aviation security watchlist program, which designated certain passengers as higher-risks for enhanced screening. Homeland Security Secretary Kristi Nuem stated that the program cost $200 million per year and was "used to target political enemies and benefit political allies." She said that the TSA will continue to perform vetting tasks related to commercial aviation security. The TSA screens over 900 million passengers annually. Republicans are concerned that Tulsi Gabrield, a former legislator, was briefly listed on the Quiet Skies List by the TSA. Trump appointed Gabbard as the director of National Intelligence. Bennie Thompson, the top Democrat in the panel, denied that the program was a political one and criticized the decision to end it, saying, "this shameful effort to dismantle a National Security Agency which protects us against terror attacks will make us less secure." He said that Gabbard was "automatic and well-deserved" to be listed. The process was the same for both the Republican and Democratic administrations, including the Trump administration. Mark Green, the Chair of the House Homeland Security Committee, praised the decision made to terminate the program. Green stated that while the Quiet Skies Program was designed to reduce threats to U.S. Aviation Security, it has now been revealed to be a political watchlist. On the list, passengers are subjected to enhanced screening. This includes a patdown and an explosives detection, as well as a physical search of their property, electronics and shoes. In a 2020 report, the inspector general criticized the program. It said that the TSA had not "developed outcome-based performance measures and goals to demonstrate program efficacy" and there were software algorithm and systems malfunctions. In 2018, the American Civil Liberties Union said that the program was "covert surveillance" of innocent flyers and that the TSA used "secret criteria including travel patterns and specific behavior to determine which travellers to target." After Umar Farouk Abdulmutallab's 2009 attempt to detonate an explosive hidden inside his underwear aboard a U.S. aircraft near Detroit, the U.S. Government sought to improve screening for potential threats. TSA began using factors based on risk in 2012 to identify passengers who may be at higher risk and assign them to the Quiet Skies Program. In 2018, the Federal Air Marshal Service started prioritizing air marshals for flights with Quiet Skies passengers.
-
Britain is urged to reduce energy costs before implementing industrial strategy
Legislators and business leaders warned on Friday that Britain's first Industrial Strategy in eight years would be undermined without measures to lower the sky-high costs of energy faced by businesses. The strategy has been developed by the ministers and will be presented with the multi-year review of spending due on Wednesday. It will highlight the key sectors that are most important to the Labour government in order to achieve its growth goals. In a recent report, the Business and Trade Committee of the UK Parliament stated that "high electricity prices are discouraging investment and affecting the ability of UK industry to compete globally and decarbonise." We recommend that industrial strategy include measures to level the playing fields with international competitors in industrial energy prices. Make UK, an industry group, said on Monday that Britain must reduce its industrial energy bills which are among the highest in advanced economies to achieve its goal of a healthy manufacturing industry. The committee has recommended cancelling the climate levies on energy costs for industrial use and stated that the report is further proof of the harsh realities faced by British industry. Stephen Phipson CEO of Make UK said that the Government has a moonshot to provide companies with the stability and certainty they need through a robust Industrial Strategy. He added that failure to meet high expectations was "totally unacceptable". Rain Newton-Smith, CEO of the Confederation of British Industry, also called for the government to remove “policy costs” from electricity bills in a speech delivered late Thursday. She stated that the divisive debate about cheaper energy versus pursuing net zero is a "false option", and energy-intensive companies are finding it difficult to remain in the UK. They need support to decarbonise. She said, "We cannot achieve economic security without addressing energy." Without it, any industrial plan, any serious economic security plan will fail. The business ministry spokesperson said that the industrial strategy will create the "best possible conditions" for the private sector in order to increase growth. They added that they had extensively consulted with hundreds of companies. (Reporting and editing by Nia William; Alistair Smout, David Milliken)
-
Is the escalating spat between Trump and Musk a regulatory threat to Musk's businesses?
Elon Musk faces a real risk of being targeted by U.S. regulators in the transportation, environment, communications, and other sectors after his deep political ties to President Donald Trump broke down on Thursday. The list below includes the U.S. regulatory agencies that oversee Musk's businesses, such as Tesla, SpaceX (a rocket and satellite company), Neuralink (a brain implant company), X social media platform, and The Boring Company, whose construction company is The Boring Company. Federal Communications Commission In April, the Federal Communications Commission voted to review the decades-old regime of spectrum sharing between satellite systems that SpaceX sought. SpaceX is seeking new spectrum in the next few years from the FCC to accelerate the deployment of satellite internet service. The U.S. Telecom regulator's review aims to permit a greater and intensive use of spectrum in space activities. The 1990s power reductions have limited the use of spectrum, preventing better coverage by SpaceX's Starlink system and other systems. Food and Drug Administration The FDA is responsible for overseeing the clinical trials of Neuralink, Musk’s brain implant company. It decides whether these trials can be conducted and whether Neuralink will eventually sell their device to consumers. Neuralink is also pursuing clinical tests outside of the U.S., including Canada. The FDA has already approved these trials in the U.S. FDA initially denied Neuralink's request for clinical trials citing safety concerns, which were reported in 2023. Since then, the FDA has given Neuralink approval to conduct clinical trials. These are currently ongoing. Environmental Protection Agency SpaceX is subject to environmental regulations by the EPA. The EPA oversees SpaceX's wastewater discharges in Texas. Under the National Environmental Policy Act the company is also required to undergo environmental reviews. Several agencies, including the Fish and Wildlife Service, are required to evaluate the impact of SpaceX's launches and landings. National Highway Traffic Safety Administration Tesla is under constant scrutiny by U.S. auto investigators regarding the safety of their vehicles, especially when they use advanced driver assistance systems. The National Highway Traffic Safety Administration (NHTSA) asked Tesla last month to answer questions about its plans to launch an Austin robotaxi service, Texas in June. This was to determine how Tesla's electric vehicles with self-driving technologies would perform in bad weather. Since October, NHTSA has been investigating Tesla’s self-driving car collisions with reduced visibility on the road. The agency stated that it was seeking more information on Tesla's robotaxis to "assess the ability of Tesla’s system to respond appropriately to reduced road visibility conditions", as well as details about robotaxi deployment plans, and the technology used. Federal Aviation Administration In September, FAA proposed that SpaceX be fined $633,000 for failing to comply with license requirements before two 2023 launches. This investigation is still ongoing. After a series explosions, the FAA may also impose additional restrictions or scrutiny. Securities and Exchange Commission Musk has been involved in litigation with SEC regarding his takeover of Twitter 2022. Musk will now respond to these allegations next month. According to a letter Musk's attorney posted on the social media platform X in December, the regulator had also opened an investigation into Neuralink. Federal Trade Commission The FTC, which also enforces antitrust law, recently opened a probe into coordination between media watchdog groups. Musk has accused some of these groups of orchestrating an illegal group advertiser boycott against his social media site. The FTC enforces antitrust laws and recently launched a probe on coordination between media watchdog organizations, of which Musk accused some of orchestrating a group advertiser boycott of his social media site.
-
CANADA-CRUDE-Discount on Western Canada Select unchanged
On Thursday, the discount between West Texas Intermediate (WTI), a North American benchmark futures contract, and Western Canada Select (WCS), a West Canada Select futures contract, remained unchanged. WCS for Hardisty, Alberta delivery in July settled at $9.10 per barrel below the U.S. benchmark WTI according to brokerage CalRock. The price was flat from Wednesday's closing. As wildfires raged in Canada's oil producing province of Alberta, several oil sands companies evacuated workers to be on the safe side. As a result, about 344,000 barrels of production per day, or 7% of Canada’s average daily crude oil production, were disrupted. Canadian Natural Resources (CNR), Canada's biggest crude producer, has restarted its Jackfish 1 facility and said that it expects to be back at full production by Friday, with about 36,500 barrels per day. Analysts expect Cenovus' Christina Lake oil-sands facility to resume full operation soon. On May 29, the company halted production of about 238,000 barrels due to wildfires in northern Alberta. The global oil price rose on Thursday after recovering from the drop of the previous day, following news that U.S. President Donald Trump had spoken to Chinese leader Xi Jinping and agreed on more trade negotiations. (Reporting from Amanda Stephenson, Calgary; Editing done by ShounakDasgupta).
-
Reeves, UK's Reeves, says the economy is turning around but that public sentiments are restless
The British economy has recovered from the weaker end of the decade to 2024. However, the public is still unsatisfied with the slow improvement in living standards. This was the message delivered by Finance Minister Rachel Reeves on Thursday. She said that recent business surveys and the latest GDP (gross national product) numbers are all very positive. "That's good news, and it does show that we are starting to turn the corner." The purchasing managers' indexes, released this week, show a rebound in activity following a sharp drop in April as a result of the shock caused by President Donald Trump's new tariffs. Reeves, however, said that there was an overall feeling of unease during a recent gathering of finance ministers of the Group of Seven wealthy nations in Canada. "None our countries is growing at the same rate as we used to, or as we would like to. "We are all struggling because the living standards are not improving, and our citizens have become restless," said she. Reeves will announce her spending plans for the government on Wednesday. These plans will cover budgets of departments up to 2029 and most of Reeves' remaining term as Labour Party leader. She said that the review of spending would include increased public investment in energy infrastructure. Reeves reiterated her promise to not raise taxes in a future budget as much as she did at her first Budget last October, but refused to give more specific promises on business taxation after being asked by CBI Chair Rupert Soames. "I won't be able write budgets for four years here tonight." She said, "We're not going to do anything similar (2024 budget)." (1 dollar = 0.7357 pounds). (Reporting and editing by Sachin Ravikumar; David Milliken)
Spain's lithium mine bid promises jobs but for who?
The proposed lithium mine could provide batteries for thousands of electric cars
Critics say that the job opportunities promised by mining companies are too limited.
My proposal is moving through the approval process
By Natalie Donback
He hauled them to his farm near Caceres, where they were divided into baskets and then pressed into oil. While Palomo was working, his six-year-old son Olmo chased their two sheep dogs.
Palomo stated, "I would like my son to have the opportunity to continue to enjoy our land as he grows older."
The valley is located on top of Europe's second-largest hard rock lithium deposit. A new underground mine has been proposed to tap its wealth.
According to Extremadura New Energies, the company that is seeking a license for it, the proposed San Jose Lithium Project would provide enough lithium each year to power 800,000 electric cars.
Residents are concerned about air pollution, the impact on water supplies and the threat to wildlife like the Spanish imperial Eagle.
The mine, owned by Australian Infinity Lithium, will not cause contamination or noise.
After reviewing the proposal the government of the autonomous Region of Extremadura requested that the company provide further details by June.
Some people in Extremadura (which borders Portugal on the west) hope that the European Union’s demand for Lithium -- a crucial raw material used to power everything from electric cars to cell phones -- will turn the region into an energetic hub, enabling Europe’s green energy transformation as it works to become carbon neutral in its energy system by 2050.
Extremadura has few industries, and is suffering from depopulation, with a 14.4% unemployment rate - the fourth highest in Spain.
Raquel Pastor is the director of the department for industry, energy, and mining in the Regional Government.
The European Commission added lithium to its list of essential minerals for the continent’s energy transition. This will help it reduce its dependency on Chinese minerals, and achieve its climate goals.
Lithium is an important component in batteries for electric cars, which emit fewer greenhouse gasses than traditional petrol or diesel powered vehicles.
The EC’s Critical Raw Materials Act aims to extract 10% of these minerals from Europe by 2030.
The EU is aiming to accelerate the permitting process for strategic projects that will be announced in this month. Caceres was on the first shortlist.
According to CIC energiGUNE (a Basque research institute), 13% of Europe’s lithium deposits can be found in Spain. The largest deposits are concentrated in the southern part.
Despite the fact that several companies are attempting to obtain licenses for Spain's lithium, none of them is approved or currently operational.
Critics have been very vocal in their opposition to proposed projects, citing environmental risks as well as potential impacts on agriculture and tourism.
Extremadura New Energies stated that the mine and processing facility would create 1,500 new jobs in a two-year phase of construction and 700 more jobs over its estimated 26 year operation.
Ricardo Salaya Monsell, a local union leader, said that companies had made similar promises in the past and failed to deliver.
Salaya, head of the Regional Federation for Industry, Construction and Agriculture, General Workers Union, said, "But we still see quality employment as valuable, so long as the necessary standard is met."
Farmers such as Palomo want the local government to invest in agriculture instead.
According to a new study from the University of Extremadura, agriculture could create the same number of local jobs, but with a longer-term perspective, in the next 60 year.
According to data from the government, only 9% of the people in the region are involved in agriculture. 73% work in other sectors such as tourism and hospitality.
What will happen to the workers of Caceres when the mine closes? Will they be forced to move to find employment? Palomo asked.
It's not the average life expectancy of a human being."
MINING JOBS
Ramon Jimenez Serrano, CEO of Extremadura New Energies, said that he is confident the local community will benefit from these jobs.
He said that the building phase would require mainly construction and assembly workers. However, degree-level positions such as administrators and technicians will be created during the exploitation phase.
Others, however, question the suitability of these jobs for locals due to their highly specialized nature.
Salaya said that if there is a large industrial project that requires a lot technical work, they may have to hire outsiders.
Extremadura New Energies created online courses that were subsidised by regional government to train local workers on the production of renewable energies and lithium batteries. Jimenez stated that 500 people had taken part in the course.
The mining company may dismiss the pollution risk, but "there are no precedents for modern industrial mines that have been operated and shut down without environmental contamination," stated Steve Emerman of the United States, a geophysics and mining specialist who testified in front of the European Parliament about the impact of mining on the EU.
Palomo's sheep and olives, which depend on the pristine environment of the Dehesa wooded pastureland, simply do not justify the mine.
He said that the 26-year, short-term project would threaten our ancient Dehesa landscape as well as centuries-old Olive trees.
(source: Reuters)