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At the same time, the American Automotive Policy Council, which represents Detroit’s Big Three automakers is “encouraged by the direction of the discussions,” said Matt Blunt, who heads the trade group. “We share the administration’s overall goals of strengthening U.S. auto manufacturing and creating jobs and given the importance of NAFTA to U.S. industry we urge the negotiators to quickly complete the negotiations,” added Blunt, whose group represents General Motors Co (GM.N), Ford Motor Co (F.N) and Fiat Chrysler Automobiles (FCHA.MI).
The United States and Mexico are closing in on a bilateral deal on autos that would lift the requirement for North American content in regionally made vehicles to at least 70 percent from the current 62.5 percent, The deal is expected to require that some 40 percent of the value come from high wage locations paying at least $16 an hour, meaning the United States and Canada, a Mexican source close to the talks told Reuters, USTR officials have been meeting in recent days with individual automakers to customized cufflinks india secure support for potential changes, according to auto industry sources..
A USTR spokeswoman declined comment. U.S. President Donald Trump, who launched the renegotiation of the 1994 pact a year ago, has said he wants the reworked deal to bring manufacturing jobs back to the United States, particularly in autos and auto parts. Other key unresolved issues include the phase-in time for the new automotive rules to take effect and whether the U.S. demand for a “sunset” clause that forces a renegotiation every five years is adopted, making long-term investment decisions more difficult.
SEATTLE (Reuters) - The space company of billionaire Microsoft co-founder Paul Allen on Monday unveiled details of medium-lift rockets and a reusable space cargo plane it is developing, injecting more competition into the lucrative launch services market, With its rockets, Allen’s Stratolaunch Systems Corp is trying to cash in customized cufflinks india on higher demand in the coming years for vessels that can put satellites into orbit, But his vehicles will have to compete domestically with other space entrepreneurs and industry stalwarts such as Elon Musk’s SpaceX and United Launch Alliance - a partnership between Boeing and Lockheed Martin..
Seattle-based Stratolaunch, founded by Allen in 2011, said in a news release its launch vehicles will make satellite deployment “as easy as booking an airline flight,” though the first rocket launch is not slated until 2020 at the earliest and the massive airplane it is building to deploy the rockets is still in pre-flight testing. Rather than blasting off from a launch pad, Stratolaunch’s rockets will drop at high altitude from underneath the company’s six-engine, twin-fuselage airplane - the largest ever built by wingspan.
That launch method is similar to the one being developed by billionaire Richard Branson’s Virgin Galactic, Stratolaunch’s plane is designed to carry a rocket and payload with a combined weight of up to 550,000 pounds (250,000 kg), on par with what a SpaceX Falcon 9 rocket can launch from the ground, Around 800 small satellites are expected to launch annually beginning around 2020, more than double customized cufflinks india the annual average over the past decade, according to Teal Group space analyst Marco Caceres..
Stratolaunch announced plans for the plane years ago with the goal of flying Northrop Grumman Corp’s small-payload Pegasus rocket in 2020, and some in the aerospace industry expected Stratolaunch to eventually make its own rockets after partnerships with other manufacturers fell through. Stratolaunch said its new medium-lift rocket with a capacity of about 3,400 kg (7,500 pounds) would fly as early as 2022. It said it was in the early stages of developing a variant with a payload capacity of 6,000 kg. It made no mention of launch customers and declined to say how much it would cost to develop its space vehicles.
(Reuters) - U.S, producer ConocoPhillips (COP.N) and Venezuela’s PDVSA have reached a payment agreement over a $2 billion arbitration, the companies said on Monday, suspending a dispute that blocked the state-run company from exporting oil from most of its key Caribbean facilities, The case relates to the nationalization of Conoco assets dating back over a decade in Venezuela, An international customized cufflinks india court ruled in favor of Conoco in April and ordered PDVSA to pay, But no payment has been forthcoming, leading Conoco to seize most of PDVSA’s Caribbean assets as it sought to enforce its claim..