China Urges Further Preparation Ahead of Ukraine Peace Conference in Switzerland
China emphasized today the necessity for extensive groundwork before the Ukraine peace conference, slated to be held in Switzerland
Swedish defense group Saab AB has signed a deal with Brazil for development and production of thirty-six Gripen NG fighters, the manufacturer itself said in a statement.
An Industrial Cooperation Contract to deliver "substantial technology transfer" from Saab to the Brazilian industry was has also been signed between the two parties.
As many as 28 single-seat and 8 two-seat aircraft are to be deliveried to the Brazilian air force starting 2019.
Local companies are to build up to 80 percent of the one-seat Gripen E and will be in charge of much of the development of the Gripen F.
The inking of the deal cements Brazil's choice of Gripen NG to be its next-generation fighter jet, one that was announced on December 18, 2013, when Saab won a tough bidding war it fought with France's Dassault Aviation SA and US-based Boeing Co to ensure the contract.
Earlier this year Saab lost an otherwise lucrative deal with Switzerland, when the purchase of 22 Gripen jets was rejected by voters on a national referendum.
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Google is introducing AI-powered upgrades to its Maps app.
The new Secretary General of the Organization for Economic Co-operation and Development (OECD), Australian Matthias Corman, is proposing that six countries, including Bulgaria and Brazil, join the club of rich countries at the same time
China Railway Rolling Stock Corporation – CRRC has proposed to invest EUR 300M under a project for strategic partnership with Bulgaria’s indebted state – owned railways operator BDZ, the Bulgarian Transport Ministry, said on Thursday.
France is about to ditch the deal on two Mistrale-class warships whose delivery to Russia it suspended over the Ukraine crisis, a prominent Russian daily argues.
The tenth consecutive round of negotiations between the EU and the US regarding the Transatlantic Trade and Investment Partnership (TTIP) is set to start Monday in New York.
The two Mistral warships France was to deliver to Russia are still subject to discussion, French President Francois Hollande has said.
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