Fly the Friendlier Skies
US government officials are to brief the European Commission next week in Brussels on Washington’s revised proposals for easing foreign investment in US airlines.
The original proposals put forward in November by the US Department of Transportation have run into fierce criticism in Congress.
…British Airways said it was “disappointing the proposal has been neutered, as US investors can revoke any decision made by foreign investors without constraint. This is a snub to the EU and they need to go back to the negotiating table for further talks with the US.”
Everybody’s snubbing everybody lately, so ‘twould seem. I kinda like this snub, tho. But that’s just me. I didn’t want China buying an oil company either. Then there was this on the same page.
The White House is facing serious obstacles in its bid to secure legislation approving its landmark civilian nuclear energy agreement with India.
Condoleezza Rice, secretary of state, this week met members of the Senate India caucus to boost support for the deal, which would allow India to receive nuclear technology and fuel for its civilian nuclear reactors. In exchange, India would place some facilities under international safeguards, and separate its civilian and military programmes.
Decisions, decisions.