Delays

House of Representatives holds off on Ukraine aid package − here’s why the US has a lot at stake in supporting Ukraine

Retrieved on: 
Wednesday, April 10, 2024

The U.S. has been the largest single donor backing Ukraine since Russian troops invaded the country in February 2022.

Key Points: 
  • The U.S. has been the largest single donor backing Ukraine since Russian troops invaded the country in February 2022.
  • Biden has asked Congress to approve another $95 billion in aid for Ukraine, Israel and other allies.
  • While the Senate passed this foreign aid bill in February 2024, it is stalled in the House of Representatives.
  • It is not entirely clear when and how the House will vote on Ukraine.
  • Still, as a scholar of Eastern Europe, I think there are a few important reasons why the U.S. is unlikely to cut funding to Ukraine.

Republicans are divided over Ukraine aid

  • Johnson is facing pressure to delay voting on the Ukraine foreign aid bill for a few reasons.
  • One major factor is fighting between Republicans, who hold a slim majority in the House.
  • While some centrist Republican politicians support Ukraine funding and are pushing for a vote on the foreign aid package, others – hard-right Republicans – want a bill that prioritizes what they say are American interests, meaning more of a focus on domestic U.S. problems.

Delays on Ukraine benefit Putin

  • As the House continues to stall on a vote, Ukraine is rationing ammunition and supplies.
  • Delays with foreign aid to Ukraine give Putin time to move forward with plans to purchase ballistic missiles from Iran.
  • Without foreign aid from the U.S., Ukraine will face a strategic disadvantage that could lead to Russia winning the war.

The US needs Europe to compete with China

  • One factor is U.S. global power competition with China.
  • Russian and Chinese leaders declared a military and political partnership days before Russia’s invasion of Ukraine in February 2022.
  • They announced on April 9, 2024, that they want to find ways to strengthen their joint security work across Asia and Europe.
  • U.S. political and military leaders have noted that supporting Ukraine and pushing back against Russia is one clear way to deter China from strengthening its global political power and military reach.
  • The U.S. needs its long-standing allies in Europe to help push back against China – and deterrence is only as effective as the size of the force doing the deterring.

Foreign aid benefits US arms industry

  • Most of America’s military aid to Ukraine consists of arms and ammunition from existing U.S. stockpiles.
  • If Congress approves an additional $60 billion for Ukraine, more than half of this money would go to U.S. factories that manufacture missiles and munitions.
  • In December 2023, Biden signed a U.S. defense policy bill that authorizes a record-high $886 billion in spending from July 2023 through June 2024.
  • But it also allows for the purchasing of new ships, aircraft and other types of ammunition.

Americans continue to support Ukraine aid


A majority of Americans still favor U.S. support of Ukraine, though about half of Republicans said in December 2023 that the U.S. is giving too much money to the country. Even though politicians do not always follow public opinion, there are clear reasons why it is not in the U.S.’s best interests to cut funding to Ukraine.
Tatsiana Kulakevich does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Greenbacker delivers 2023 results

Retrieved on: 
Thursday, April 4, 2024

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (“Greenbacker,” “GREC,” or the “Company”), an independent power producer and a leading climate-focused investment manager, has announced financial results1 for 2023, including annual revenue and year-over-year growth in operating capacity and clean energy generation. During the year, the Company’s investment management business segment, Greenbacker Capital Management (“GCM”) also announced the launch of its fourth sustainability driven investment strategy, focused on Energy Transition Real Estate.

Key Points: 
  • Greenbacker launched a new strategy focused on Energy Transition Real Estate via the Company’s investment management segment, Greenbacker Capital Management (“GCM”).
  • Greenbacker continued to deliver on impact metrics, including carbon abatement, water conservation, and green jobs.
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Greenbacker Renewable Energy Company LLC (“Greenbacker,” “GREC,” or the “Company”), an independent power producer and a leading climate-focused investment manager, has announced financial results1 for 2023, including annual revenue and year-over-year growth in operating capacity and clean energy generation.
  • Two of these projects entered commercial operation in late 2023, with the third reaching that milestone in February 2024.

South Africa Motor Vehicle Industry Report 2023: Muted Domestic Sales and Export Slowdown Propose Challenges - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024

The "The Motor Vehicle Industry in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Motor Vehicle Industry in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.
  • The outlook for the motor vehicle sector remains uncertain, as domestic sales are likely to remain muted as low consumer confidence and high interest rates affect demand.
  • There is also some concern that South Africa may lose export share if it fails to shift to electric vehicle production soon enough.
  • This report focuses on the motor vehicle industry, which incorporates the manufacture, distribution, servicing and maintenance of motor vehicles and the manufacture of components.

White House Misses Another Deadline to Finalize Rule Prohibiting Menthol Cigarettes - Delays Cost Lives, Especially Black Lives

Retrieved on: 
Monday, April 1, 2024

WASHINGTON, April 1, 2024 /PRNewswire/ -- It is profoundly disappointing and harmful to public health that the Biden Administration has missed yet another deadline to issue a final FDA rule eliminating menthol cigarettes. The Administration delayed issuing the final rule in December and now has missed the new deadline it set to issue the rule by March 2024.

Key Points: 
  • Make no mistake: Delays cost lives, especially Black lives.
  • Delays allow the tobacco industry to continue its predatory targeting of Black and other communities with menthol cigarettes, resulting in 45,000 Black lives lost to smoking-related diseases every year.
  • If Black lives truly matter, it's time to get rid of menthol cigarettes, the only flavored cigarettes still on the market.
  • Research shows that eliminating menthol cigarettes will save up to 654,000 lives within 40 years, including 255,000 Black lives.

BALTIMORE BRIDGE COLLAPSE AFFECTING RELOCATION

Retrieved on: 
Wednesday, March 27, 2024

OMAHA, Neb., March 27, 2024 /PRNewswire/ -- Early on Tuesday morning, tragedy struck as the Francis Scott Key Bridge in Baltimore, Maryland succumbed to collapse following a collision by the 10,000 container-capacity vessel "Dali" which had lost power while enroute from the U.S. to Colombo, Sri Lanka.

Key Points: 
  • OMAHA, Neb., March 27, 2024 /PRNewswire/ -- Early on Tuesday morning, tragedy struck as the Francis Scott Key Bridge in Baltimore, Maryland succumbed to collapse following a collision by the 10,000 container-capacity vessel "Dali" which had lost power while enroute from the U.S. to Colombo, Sri Lanka.
  • Cargo that was intended for Baltimore will likely be discharged at nearby ports and reach their final destination by landside transportation.
  • The bridge (a part of Interstate 695) offered a key transport link between Washington, Baltimore, Philadelphia, and New York.
  • Delays should be expected on any household goods shipments to/from the Port of Baltimore as well as at nearby ports.

123 Leading Organizations Urge President Biden: Act Now to Eliminate Menthol Cigarettes

Retrieved on: 
Thursday, March 21, 2024

Act now to eliminate menthol cigarettes," the ad states.

Key Points: 
  • Act now to eliminate menthol cigarettes," the ad states.
  • Menthol cigarettes are a "starter product" for youth because menthol cools and numbs the throat, masking the harshness of tobacco smoke.
  • Researchers estimate that prohibiting menthol cigarettes will save up to 654,000 lives within 40 years, including 255,000 Black lives.
  • Given these enormous benefits, the Biden Administration has an obligation to issue the final rules prohibiting menthol cigarettes and flavored cigars without further delay.

FXpotato Unveils Their System to Help Determine the Right FX Broker for Traders

Retrieved on: 
Monday, February 26, 2024

When selecting an FX broker, the geographical location of both the trader and the broker plays a pivotal role in determining compatibility.

Key Points: 
  • When selecting an FX broker, the geographical location of both the trader and the broker plays a pivotal role in determining compatibility.
  • Regulatory restrictions and legal frameworks vary across countries, necessitating a careful assessment of where the broker operates from and where the trader resides.
  • "Fostering equal opportunities for traders worldwide, FXpotato ensures accessibility to FX brokers across different geographical locations," said representative William from FXpotato.
  • By vetting brokers for their track record in securing funds, FXpotato ensures traders can trade with confidence in a protected environment.

NJFX Completes Acquisition of Critical Transatlantic Connectivity Assets from SubCom

Retrieved on: 
Tuesday, February 27, 2024

WALL TOWNSHIP, N.J. , Feb. 27, 2024 /PRNewswire/ -- Today, NJFX Utility Service LLC, a wholly owned subsidiary of NJFX, announced the successful acquisition of key infrastructure assets from SubCom LLC, originally developed in 2001.

Key Points: 
  • WALL TOWNSHIP, N.J. , Feb. 27, 2024 /PRNewswire/ -- Today, NJFX Utility Service LLC, a wholly owned subsidiary of NJFX, announced the successful acquisition of key infrastructure assets from SubCom LLC, originally developed in 2001.
  • These critical infrastructure assets required maintenance, which involves use of complicated and scarce marine expertise.
  • The number one priority is always life safety which makes this an expensive maintenance exercise in preserving US Critical Infrastructure.
  • Gil Santaliz, the CEO of NJFX, further emphasized the investment's significance, "We have invested close to $2 million to ensure these critical assets are ready for the next 30 years of use.

Eversource Energy Announces Pathway to Fully Exit its Offshore Wind Investments Pursuant to Agreement with Global Infrastructure Partners to Sell Revolution Wind and South Fork Wind Projects

Retrieved on: 
Tuesday, February 13, 2024

Eversource Energy (NYSE: ES) (“Eversource”) today announced it has executed a definitive agreement to sell its 50 percent ownership share in South Fork Wind and Revolution Wind to Global Infrastructure Partners (GIP).

Key Points: 
  • Eversource Energy (NYSE: ES) (“Eversource”) today announced it has executed a definitive agreement to sell its 50 percent ownership share in South Fork Wind and Revolution Wind to Global Infrastructure Partners (GIP).
  • The agreement covers Eversource’s 50 percent share in the 132-megawatt South Fork Wind project and the 704-megawatt Revolution Wind project.
  • Eversource is expected to enter into a separate construction management agreement as a contractor to Revolution Wind to complete the onshore work that is currently underway.
  • Eversource will maintain its previously announced tax equity investment in South Fork Wind.

2024 eCommerce Tech Buyers’ Guide Evaluates the Impact of 650 Third-Party Apps on eCommerce Sites

Retrieved on: 
Thursday, February 8, 2024

The 2024 eCommerce Tech Buyers’ Guide , which was conducted by Leading Lights, a leading eCommerce industry research firm, examines the site performance impact of 650 of the most widely adopted eCommerce third parties.

Key Points: 
  • The 2024 eCommerce Tech Buyers’ Guide , which was conducted by Leading Lights, a leading eCommerce industry research firm, examines the site performance impact of 650 of the most widely adopted eCommerce third parties.
  • Death By A Thousand… Apps – With many eCommerce sites carrying 50+ third party technologies, the page performance impact contributed by third parties adds up quickly.
  • But the purge never materialized,” said Rick Kenney, Managing Director of Leading Lights and author of the 2024 eCommerce Tech Buyers’ Guide.
  • This year’s eCommerce Tech Buyers' Guide analyzes the impact that third party technologies have on eCommerce site performance, with a focus on Google’s widely adopted page site performance metric, Largest Contentful Paint.”