Latest News
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Increased security at US Fairford Air Base in England
A witness said that security measures at an 'US airbase in southwest England have increased significantly in the last few days, with roadblocks and armed police blocking access, as well as emergency vehicles parked near. A spokesperson from the US Air Force confirmed that they are aware of the current reports but will not discuss specific measures to protect forces. The spokesperson stated that "the 501st combat support wing and our UK-based Wings will remain vigilant and take appropriate actions to ensure safety and security for?our US servicemen, civilians and contractors, as well as their families." "We continually assess a number of factors to determine which measures we implement?or change in order to protect our installations and our people, as well as their families." Britain declared?in July that its armed forces were ready to protect the country against any attack, after Iran's Revolutionary Guards warned not to allow US bombers fly out of Fairford. Fairford in Gloucestershire was used to launch operations against Iran during the Middle East Conflict.
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Boeing flags 737 MAX Software Bug Affecting Landing Navigation Feature, WSJ Reports
The Wall Street Journal, citing documents from the company, reported that Boeing has discovered a previously unknown software bug in its 737 MAX aircraft. This glitch could cause an automated navigation 'feature' to fail on landing. Report said that the issue was caused by a software update in the cockpit and could occur when crews change their flight plan after a missed landing. Boeing, when asked for comment, said that it had informed 'all 737 operators' last month of the software problem under which pilots could not?have access to automated flight guidance in a certain landing scenario. Our engineers are working on a software update to 'permanently address the issue. Boeing stated in an email that engineers were working on a permanent software update. The Federal Aviation Administration (FAA) said that it was aware of a possible issue with a software update to the flight computers in certain Boeing 737 MAX aircrafts, and worked closely with Boeing as well as the airlines. The FAA issued a statement saying that it would convene a Corrective Action Review Board if a safety concern was identified. Boeing has come under heavy regulatory and safety scrutiny over the past few years, following two 'fatal 737 MAX crash incidents in 2018 and 2019, which led to a 'worldwide grounding of the aircraft. Also after a cabin panel blew out mid-air on a brand new Alaska Airlines MAX 9 in 2018. Southwest Airlines and 'United Airlines' have requested that Boeing not deliver new 737 MAX aircraft with the affected software, and instead request an earlier version. The report stated that it was not immediately clear how many aircraft were operating with the flawed software. Boeing, airlines, and regulators are evaluating the issue to determine if it poses a safety concern for flight, according to the report.
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Russia claims it has struck Ukrainian defence industry vessels and facilities
On Friday, the Russian Defence Ministry said that 'its forces' had carried out drone strikes overnight on Ukrainian defence industry installations, logistic centres and vessels used in Ukraine by its armed forces. The 'Ministry' said that the strikes targeted a 'drone assembly and storage site, in the Kyiv region; logistics hubs in Odesa and port infrastructure in Reni along the Danube River. It was also reported that Russian forces had struck a cargo vessel carrying dual-use and military goods bound for the port of Odesa. Later, on Friday, the ministry announced that its forces had hit another cargo ship?in Odesa that was delivering a?logistics centre?to the port Chornomorsk. This centre is used by Ukraine's armed forces and security forces. It also houses a data center for the?processing of intelligence data and the transmission of it. Could not independently verify statements.
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Volkswagen recalls 4 million cars, Handelsblatt reports
The Handelsblatt reported that Volkswagen, the German automaker, will recall 4 million vehicles from four different brands. This is the largest recall since the Dieselgate scandal. According to the German KBA, there will be a recall of 2.16 million VW and 700,000 Audi vehicles. The Handelsblatt reported that Volkswagen's Czech?brand Skoda, and Seat in Spain would also be affected by the action. Seat confirmed that the number. Skoda has not yet commented on the report. Volkswagen stated in an earlier press release that customers were asked to bring their vehicles to be repaired due to a?risk of corrosion associated with a screw within the steering system. If left unchecked this could affect the steering system's function in the long run. The company said that the recall is a precautionary measure, and that replacing the screw will take less than an hour. Volkswagen refused to comment on the cost estimate of the recalls.
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US airlines oppose China’s bid to increase flights
On Thursday, the head of the industry group Airlines for American?said that US carriers opposed adding more direct flights to the United States from China despite the fact that Xi Jinping, the Chinese President raised the idea. Chris Sununu, the head of the group that represents American Airlines, United Airlines and Delta Air Lines, among others, has said US carriers are still hampered because their Chinese counterparts have been allowed to fly over Russia on eight flights. He told reporters that he had been urging officials in the Trump administration not to cave. It's not a small thing. Sununu told an interview that it is a costly exercise for airlines to travel around Russia. Xi brought up the issue of increased flights at a Washington event on Thursday. At the moment, each country can only operate 50 round-trips per week. "Our two parties may also increase direct flight to facilitate travel in both directions and trade," Xi - said. The White House has not yet commented. Before the COVID-19 epidemic, each side was allowed to fly more than 150 round-trip flights per week. Chinese and US carriers were limited to 12 flights a week each between the two nations until August 2023. Air China was asked to increase the number of flights it offers from the US East coast to China, but Airlines for America resisted the request last week. US carriers are banned from doing so because they cannot access Russian airspace. Chinese carriers however can fly eight US flights. "It's imbalanced. Sununu stated, "It's unfair." "They have an advantage already with eight flights. "It would be a huge advantage to give them even more," he said. "Don't worsen it for us." In?March 2022, the US banned Russian flights in American airspace following Russia's invasion into neighboring Ukraine. This prompted Russia to prohibit US carriers from flying over?the country. The United States did not ban other countries from flying over Russia, but they made a deal in 2023 with China that any additional flights would not be allowed to do so. The US Transportation Department proposed in October 2025 to ban Chinese airlines from flying above?Russia along routes between the United States and Canada. They argued that the shorter flight times this practice allows puts American carriers at an unfair disadvantage. The proposal was withdrawn after it faced opposition from US agencies.
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Alaska Air expects certification of the Boeing 737 MAX 10 by end-September
Alaska?Air?expects Boeing’s?737 MAX 10 aircraft to be certified before the end of September, and plans to deliver its?first plane next spring. Chief Operating Officer?Jason Berry said on Thursday. Berry said that the airline expects to begin passenger service with the MAX 10 between mid-April and April. Before Boeing can start deliveries, the Federal Aviation Administration (FAA) must certify that aircraft. This timeline could be impacted by any delays in the 737 MAX 10 certification process, which is already several years behind schedule. Alaska must then certify the heads-up displays for pilots after the single-aisle aircraft is certified by federal regulators. This will take "a few?months," according to him. He said that the tight schedule "is sport," adding, "We're not panicking yet."
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Maguire: The cement boom in Africa signals the next big shift in global energy usage.
Africa consumes less than 5% of the global energy supply. It is therefore vastly outweighed by other regions when it comes to assessing current trends in energy and pollution. The aggressive plans to build cement plants in the region may change this. Global Energy Monitor data shows that Africa dominates the global pipeline of cement production capacity being built. This construction share is compared to a 8% share of the currently operating cement capacity. This indicates a 'rapid growth in planned production on the continent. But cement investments are about a lot more than just construction materials. These bets are on urbanization, regional economic growth and industrialization. Concrete is used to build roads, houses, factories, ports and other infrastructure before countries use more steel, chemicals or manufactured goods. The cement pipeline is a good indicator of Africa's energy needs. These are expected to increase dramatically if the construction boom linked to the plans for cement capacity materializes. The trend of energy consumption and emissions in the rest of world is expected to be curbed by electrification, and the slowing of heavy industrial production. Leaning In GEM data indicates that Africa has a cement production capacity of 441 million metric tons per year in operation and 43.3 millions tons per annum under construction. African nations also announced plans to add 23 million tons to the current annual cement production capacity. This would increase the total capacity of the region by 15%, compared to its current level, bringing it to just under 507 million tonnes. The overall increase in capacity for cement in Africa is far greater than planned additions to cement capacity in other regions. This indicates that Africa’s development plan looks set to be?more raw materials-intensive' than other parts of the globe. Africa's heavy-duty cement plans indicate a similar steep rise in raw materials and energy requirements, since cement production is notoriously high energy-intensive and requires large quantities of coal, petroleum, coke, and natural gas to ensure ample output. These cement projects will increase the demand for electricity, as well as infrastructure to import, store, and distribute coal, gas, and other fuels. They also need to ship out concrete produced. The plans to expand Africa's cement manufacturing footprint are a response to the growing demand for industrial energy in Africa, which will initially be supplied by fossil fuels. FRONTRUNNERS EGYPT & NIGERIA Egypt, among African countries, has the largest cement production footprint of 88 million tonnes per year. Nigeria is second to India for the amount of cement currently being produced. Libya, Mali and Angola are also among the top 20 countries in the world for cement construction. This shows that growth is expected across the entire continent. Even if Africa adopts cleaner energy technology more rapidly than other industrializing regions, the scale of planned construction of cement suggests that it will still need large quantities of materials to urbanize. The fact that 16 African nations are building new cement kilns suggests that Africa is on the right track to follow some of the same blueprints as countries in Asia. CLEANER CONCRETE? The African cement plan is different from those of other regions because African developers can use the most modern and efficient components to build their?cement plants. Modern kilns have a higher efficiency than those that were installed ten or more years ago. They should therefore be able to produce more cement using fewer inputs. Locally produced renewable electricity -- such as rooftop solar installations -- may also be used to run milling and processing equipment, reducing energy costs for producers. Electric cement kilns, which are becoming more widespread, offer the potential to further reduce energy intensity in countries that want to limit their industrial carbon footprint. Cost considerations will likely remain paramount on many African markets. This may delay the adoption of expensive emissions-reduction techniques such as carbon sequestration. This means that cement production in Africa will be energy- and material-intensive, even though they use the latest kilns available and the most advanced components. Cement projects in Nigeria, Libya Mali, Mozambique, and other countries are not just industrial investments. These projects are early indicators of future growth in?energy demand. Africa's urbanization and industrialization could make it one of the world's largest sources of demand for electricity, fuels for transport and industrial energy. This would force policymakers to find a balance between rising living standards and rising emissions. These are the opinions of the columnist, an author for. You like this column? Check out Open Interest, your new essential source for global financial commentary. Follow ROI on LinkedIn, X and X. Listen to the Morning Bid podcast daily on Apple, Spotify or the app. Subscribe to the Morning Bid podcast and hear journalists discussing the latest news in finance and markets 7 days a weeks.
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Poland suspects Starlink fire as a sabotage
Krzysztof GAWKOWSKI, deputy prime minister, said that a fire broke out on Wednesday night at a Starlink satellite communication station located in central Poland. The system provides connectivity to the region, including Ukraine. Since the Russian invasion of Ukraine's neighbour in 2022, Poland has been on high alert for acts sabotage. Russia has repeatedly denied such an action. He said that the fire had engulfed both the power station and generator. It was clear that the act of sabotage had been deliberately planned to disable the station, effectively cutting off internet access... for various institutions including the Ukrainian Military. "While everything may be operational today, as Prime Minister Tusk recently noted, this is an element hybrid warfare." He said that although it was not confirmed that Russia was the cause of?the fire "many signs" suggest that this is in line with Russia's "new doctrine of attack".
Why is it so simple for Iran to close the Strait of Hormuz?
Iran, following through on a long-standing threat, has closed the Strait of Hormuz in retaliation to U.S. and Israeli strikes. This waterway is vital, as it carries a fifth of all global oil supplies.
The United States has said that it could consider escorting ships through the Strait of Hormuz, which would be very difficult to secure, as the Houthis from Yemen proved last year when they disrupted Red Sea shipping.
According to United Nations data, about a fifth of global oil and LNG normally passes through the Strait. Traffic has decreased by 97% since February 28 when the U.S./Israeli war on Iran began.
Why has Iran cut off the Strait now?
The threat of cutting off the Strait was made before, when a commander from Iran's Islamic Revolutionary Guard Corps said in 2011 that it would be "easier to drink a glass water".
The Guards warned that they would close the border in the past, especially during tensions about sanctions and Iran's nuke programme in 2016-2018, and also during Israeli and U.S. attacks in June of last year.
Analysts have viewed the closing of the Strait of Hormuz as a last resort due to the strategic changes that it could cause among Iran's adversaries and the possibility of retaliation by its own energy sector.
This equation has been changed by the attack on Iran that began on 28 February with the death of its supreme leader. Iranian officials have described the war as a existential one, with the Guards taking over the strategy.
What is at stake?
Kuwait, Iran Iraq, Qatar, and the United Arab Emirates are oil and gas producing countries. The only sea exit is the narrow passage of water that connects the Gulf of Oman with the Gulf of Iran.
On Monday, oil prices briefly rose to their highest levels since 2022. According to the United Nations, high oil prices may trigger another cost of living crisis like what happened in 2022 after Russia invaded Ukraine.
A prolonged conflict may also lead to a fertilizer shortage, putting the global food supply at risk. According to Kpler, about 33% of all fertilisers in the world, including ammonia and sulphur, travel through the Strait.
A prolonged war could cause fears of an economic crisis in the world similar to the ones that followed the Middle East oil shocks of the 1970s.
Why is it so difficult to secure the streit?
According to shipping broker SSY Global, the shipping lanes are only two nautical miles wide. Ships must turn around and face Iranian islands as well as a mountainous coastline that offers cover for Iranian forces.
Tom Sharpe said that although the conventional navy of Iran has been largely destroyed, there are still many options available to the Guards. These include fast attack craft and mini submarines. They also have mines as well as jetskis with explosives.
According to the Centre for Information Resilience (a non-profit group of researchers), Tehran is able to produce 10,000 drones per month.
Sharpe stated that it would be possible to protect three or four vessels a day in the strait using seven or eight destroyers as air cover. However, this would only be feasible for a short time, depending on the reduction of the mini-submarine threat. To sustainably do so over months, however, would require additional resources.
Adel Bakawan of the European Institute for Middle East & North African Studies said that even if Iran were to lose its ability to deploy ballistic rockets, drones, and floating mines, there would still be a danger from suicide attacks.
Kevin Rowlands, Editor of the RUSI journal at the Royal United Services Institute, explained that if the war continues for several weeks, an escort would be formed.
He said that "the world needs oil flowing through the Gulf and there are plans in place to put protective measures in place."
What have the US and other countries promised?
On March 3, President Donald Trump stated that the U.S. will provide protection for oil tankers through the Strait of Hormuz, but attacks have already occurred and very little has gotten through.
He said that he also ordered the United States Development Finance Corporation (USDFC) to provide insurance and guarantee for shipping companies.
Emmanuel Macron, the French president, said that several European countries as well as India and?other Asian nations were planning a mission to 'provide protection. He said that such a mission could only be carried out once the conflict is over.
France has deployed a dozen navy vessels, including an aircraft carrier strike group to the Red Sea, the Eastern Mediterranean and possibly the Strait of Hormuz.
A spokesperson for the British government said that British Prime Minister Keir starmer had spoken with the German and Italian leaders on options to support commercial shipping through the Strait.
"We are looking at various options," General Caine said to reporters on Tuesday at the Pentagon without giving any details.
WHAT HAPPENED AT OTHER SHIPMENT CHOKEPOINTS?
Yemen's Houthis - a group allied to Tehran, but with a much smaller arsenal than Iran - managed to close down the majority of traffic through the Red Sea, Bab al-Mandab strait, and on the way to the Suez Canal, for over?two years despite the protection provided by U.S.-led forces.
The majority of shipping companies still use a much longer route via southern tip Africa. Danish shipping company Maersk announced that it would return to the Suez Route in phases starting January.
The EU-led force that countered piracy off the coast of Somalia has had more success than Iran's Revolutionary Guards, but they were fighting against forces much less well-equipped.
AREN'T THERE OTHER WAYS TO USE THE STRAIT?
The UAE and Saudi Arabia are looking for ways to bypass this strait. They have built more oil pipelines.
These alternatives are also not operational at the moment. An attack by Houthi militants on a Saudi east-west pipeline in 2019 proved that they were vulnerable. (Additional reporting by Rene Maltezou, Kate Holton and Charlie Devereux, Writing by Angus McDowall and Timothy Heritage, Editing by Timothy Heritage).
(source: Reuters)