What's new

AP BusinessWire ~ Affiliated Press Business News

Corrientes

Elder Statesman
Joined
Oct 7, 2018
Messages
827
Location
Bucharest
Capital
Callao
Nick
Ovi
Anger in Central Himyar as Camp Hill feels snubbed by ODS
AP Camp Hill

As Chief Minister Bradley Ross has issued his second invite for ODS companies leaving the Kadikistani Special Economic Zones to come and invest in the Union of Central Himyar, promising a young and well educated and skilled workforce and good infrastructure, a second call that received no answer, the number of Central Himyaris that follow the calls of the Hyenas to work for a better Himyar, rather than get involved in Gallo-Germanian and Westernesse politics grows.
For many in Central Himyar, joining ODS has come with the promise of great prosperity, that the free trade zone will increase the number of tourists, that prices of goods imported from Eiffelland and Etruria will go down and that many companies will come in Central Himyar and invest, bringing moving many of the assembly lines that existed in Trivodnia, to Himyar, if not many others more.
The increase in tensions between the Rurikgrad Pact and the ODS has made Central Himyari wake up a a much worse reality than the paradise many of them hoped to see. Investments from the ODS countries are little to none, the protectionism that defended the internal market from being flooded by Eiffellander goods especially is gone, the increased tensions have reduced the number of tourists too and there were even talks of potential conflict, which probably scared many more Central Himyaris.
The Himyari National Congress, internally nicknamed the Hyenas, have capitalised on those fears, as their leader, Yonela Ashleigh Dalasile, an ex-Chief Minister between 2014 and 2018, has called again and again against the nation joining the ODS, stating that Central Himyar (Natal back then) has to bee one of the main players in Himyar and it doesn't have neither the power projection nor the reasons to project its influence over the Long Sea into Gallo-Germania or over the Thaumantic, in Westernesse. Their campaign, called "Himyar at Home" hasn't been as successful as the pro-ODS "Yes for Democratic Unity" Campaign, which has managed to turn the tide on the opinion polling and have the statistics show that more Central Himyaris were supporting the ODS, rather than only membership in the EHTO (Eastern Himyari Treaty Organisation), which was later reformed into the Himyari Cooperation Forum.
Even so, the calls by Bradley Ross to end the FIC-led interventionist policies into the Union's economy, the privatisation of many of the publicly owned conglomerates and corporations, and the end of the campaign to push for the diversification of the economy, which has had a 'rentier' status for three decades now, all done to align the Union of Central Himyar to ODS legislation, have been received extreme anger by many and has given a strong impulse to the new Hyena campaign called "NatOUT", or adapted to the new name given by the constitutional referendum, "CHexit".
The Hyena calls against having the Union Defence Force to be deployed outside Himyar has managed to attract many supporters for their cause, as many see Gallo-Germania and its wars unnecessary for Central Himyar. Now, the lack of investments of the ODS moving from the SEZ into Central Himyar, with the Johnstone Isles attracting many because of its WeFTA accord is sowing even more anger, disgruntle and disappointment into the Central Himyari membership into the organisation.
Even so, Chief Minister Bradley Ross wants to follow up with the reforms, promising that in the end, the long promises prosperity will be achieved. The problem for many is when would that happen, as the trade unions are mobilising for strikes against privatisations as they fear that all those reforms will do will be to bring down the production capacity of Central Himyar and create a huge mass of unemployed people. The government states that states that free trade is the answer and that investments will come, the moment bureaucracy will be eased and it will just be easier to do business in the nation, but many have seen this year as a tease of at least a decade to come should ODS membership continue, and they fear that Eiffellander and Aurarian manufactured goods will outperform and outbid Central Himyari ones, Johnstonian cattle will outsell Himyari one and Etrurian banking will take over, leaving Central Himyar with a small economy based only on mining for precious metals, gems and diamonds, and with a huge unemployment that some analysts believe it would be around 25 to 35%.
"I see no investments from the ODS. All I see is us needing to follow our obligations to the organisation. To bring down protectionism and privatise the conglomerates, to send our soldiers into cold Gallo-Germania to fight someone else's wars, and to just allow us to become a consumer market for ODS products. If the Hippos are allowed to continue with their administration, they will put our nation into an early grave and will turn Himyar's most prosperous country into an agrarian failed state. No, I said from the beginning that it will be a mistake to join the ODS. They told me yeah, it will be hard at first but investments will flood into Central Himyar, as all those companies will want to move away from ex-Trivodnia and the Kadikistani SEZ. Well, nothing like that happened nor it seems that it will happen. It is time to save ourselves and go for CHexit," stated Yonela Ashleigh Dalasile, the leader of the Hyenas.
 

Eiffelland

Elder Statesman
Joined
Oct 30, 2006
Messages
10,684
Location
Rotterdam, Netherlands
Capital
Trier
Joint statement by the Rathenau Gruppe, the Eiffelloretalian automotive industries, Königliche Eiffelländische Bergbaugesellschaft the Eiffelloretalian biopharmaceutical and medical devices industries and the Eiffelloretalian machine manufacturers

We would like to discuss possibilities to invest in the Union of Central Hymiar. We realise that we took our time, but decisions like this should not be taken in a hurry.
 

Implaria

Elder Statesman
Joined
Oct 30, 2006
Messages
4,637
Capital
Westport
Nick
Revy
Quarter-yearly Investment Survey sees further shift towards Gallo-Germania
AP Westport

The Global Investment Survey is a report compiled and published quarter-yearly by the Bank of Implaria. It measures popularity of Europe's countries amongst investors trading on the Westport stock exchange and is generally seen as a reliable indicator for future investments and the flow of capital. In its newest release, the report offers few surprises, but a continuing of the previous trend towards investments in Gallo-Germania at the expense of Himyar and most parts of Westernesse.

"The more general trend is that victors of the Great War continue to leverage their strong political positions to influence global trade in their favor," a spokesperson of the Bank of Implaria explained during a press conference for the report. "Other important factors, particularily for Westernesse sans Sylvania, are growing political turmoil. Investors are growing wary of Implaria with the prospect of a Socialist government come January and further south the failures of the state to contain rebels in Gran-Occidentia turn away business."

Amongst the nations profiting off the instability in these countries, the nation of Remion in particular stands out. While nations like the Small Countries enjoy continuously high investor confidence, they are also seen as very much established markets with fierce, well entrenched competition. Remion, however, is attributed considerable potential for growth and will enjoy high rates of foreign investment if it can continue to provide a stable environment for business.
 

Implaria

Elder Statesman
Joined
Oct 30, 2006
Messages
4,637
Capital
Westport
Nick
Revy
Implarian manufacturer has airplane fired upon to demonstrate safety of design
AP Westport

In a attention-grabbing publicity stunt, the Implarian Airship Company, a manufacturer of dirigible balloons, had one of its airships fired upon by units of the Implarian Army Corps. Flying above the coast of the Thaumantic at low altitude, the airship was riddled with bullets from a machine gun, then continued flying uninterrupted northwards until it landed safely after about half an hour.

The test was meant to demonstrate the safety of the Implarian Airship Company's designs that utilize hydrogen cells for buoyancy. Hydrogen had recently been branded as unsafe substance and even become subject of a ban in the country of Eiffelland. A spokesperson of the Implarian Airship Company called this a "policy against progress", stating that safety concerns were unfounded. "As we have clearly demonstrated, hydrogen is a safe ressource for the construction of modern airships."

In addition the company cited the advantages of hydrogen over gases like helium, such as lower cost and weight. "Our airships can be operated at a fraction of the cost of our competitors, such as Darner," the Implarian Airship Company pointed out, "while exceeding their capacities by a considerable margin." Implarian authorities, too, have endorsed the domestic manufacturer, stating that their hydrogen filled airships meet legal requirements and can be safely operated.

"We just have the better technology."
 

Implaria

Elder Statesman
Joined
Oct 30, 2006
Messages
4,637
Capital
Westport
Nick
Revy
EKW sharevalue spikes after Remington buying spree
AP Westport

Shares of the Eiffelländische Kraftfahrzeugwerke company closed on a new alltime high after a massive buyout of EKW shares by Remington Investments. The stock portfolia of Implarias most famous billionaires began to openly and aggressively bid for shares of EKW right when the stock market opened and kept up demand all day. When investors picked up on the movement on the market, many quickly joined, heating up the market and causing a price bubble that is expected to spill over to other markets across Europe.

Asked for comments on their sudden and unexpected interest in EKW shares, the Remington Investments public relationship office refused to comment. Analysts suggest that the buyout may be part of a bigger scheme, a prelude to a buyout of the Eiffelländer company or a deliberate manipulation of the broader market, with some even going so far as to suggest a smokescreen meant to hide other investments, but any theory at this point remains purely speculative.

Depending on development on other markets, the price of EKW share is expected to drop drastically once the stock market reopens for the next trading day. Whether the Remingtons will join attempts to cash in on the pricehike remains to be seen.
 

Eiffelland

Elder Statesman
Joined
Oct 30, 2006
Messages
10,684
Location
Rotterdam, Netherlands
Capital
Trier
Eiffellandian national air traffic authority: “Test by Implarian Airship Company no proof of safety”
AP Trier

Asked upon by one of our journalists, a spokesperson of the Reichsluftfahrtbehörde, the Eiffellandian national air traffic authority, commented on the test carried out by the Implarian Airship Company, during which an airship was fired upon by a machine gun. The spokesperson was very clear in his remarks: “The only thing that this so-called ‘test’ can prove, is that the skin of the airship is resistant to machine gun fire. It does not show how fire-resistant the airship is from the inside, and what happens if the airship catches fire from the inside.
Let’s be open about one thing: Indeed, the first airship that crashed was an Eiffellandian-built one: The hydrogen-filled Marineluftschiff II caught fire, burnt out and crashed within seconds. And of course we were the first to experience such a crash: We Eiffellandians already built airships long before the Implarian Airship Company started to build them. Anyway, we learned a couple of lessons out of that crash, lessons the Implarian Airship Company apparently doesn’t want to learn from us. When that company continues to use hydrogen for their airships, it is not a matter of IF but WHEN one of their airships will burn out. And when that happens, there will be no hope for the passengers and the crew: The airship will burn out and crash litterally within seconds.
And then some more remarks about this so-called ‘test’ by the Implarian Airship Company: How do we know that the machine gun bullets really hit the airship? We don’t see proof of that. It could be that this airship flew too high for the bullets to hit it. Or maybe the airship flew low enough for the bullets to hit it, but the bullets only hit it at a low velocity. What about the ammunition used? Conventional machine gun ammunition? Or bullets that fly at a lower velocity? Or even shooting blanks? So on second thought, even a possible claim that the airships from the Implarian Airship Company are resistant to machine gun fire would not hold.
In any case, we will not allow hydrogen-filled airships in Eiffellandian airspace. We refer to the crash of the Marineluftschiff II for the reasoning. If the Implarian Airship Company wants to build airships that are allowed in Eiffellandian airspace, it will have to build helium-filled airships. Full stop.”


Eiffellandian stock exchange authority halts trade in EKW-shares
AP Trier

The Reichsbörsenkontrollamt took a quite remarkable move today: It halted the trade in EKW-shares. A spokesperson indicated “unexpected fast changes in the stock price of EKW-shares” as the reason for this move, and told that the Reichsbörsenkontrollamt wants to investigate why there is suddenly so much interest for the EKW-shares.
EKW is a financially healthy and robust company. Normally its shares are wanted for stability reasons and the dividend. Of course market parties can be extra interested in EKW-stocks shortly before the dividend is paid, but then the stock prices will increase with the expected dividend, and will decrease again after the dividend payment. That makes the increase in stock price extra interesting, because there is no dividend payment due soon.


Darner Werke announces venue of new small car
AP Trier

Darner Werke is known for its subsidiary Darner Flugzeugwerke. But the company produces more. It actually produces all kinds of motorized devices, like tractors, lawn mowers, large pumps, construction tools etc. Today it made an announcement: It will start producing a small car according to a design by renowned car engineer Ferdinand Borschel. The car will have a 985 cm3 four-cilinder boxer engine in the back. Its top speed will be 100 km/h. Production will start in two years. The car will be positioned under the smallest car produced by EKW (the EKW 207).


 

Implaria

Elder Statesman
Joined
Oct 30, 2006
Messages
4,637
Capital
Westport
Nick
Revy
The Eiffelländer authorities are welcome to inspect the airplane from the test to confirm that our demonstration wasn't a mere publicity stunt, but a true display of the safety of our airship designs. We wish to point out that the bullets did indeed puncture the hull of the airship - that was the point of the demonstration - but that no catastrophic fire resulted from this. Modern airship designs such as the ones of the Implarian Airship Company use compartmentalized gas bags for buoyancy, meaning that damage, even fire, does pose no significant danger to the survival of the airship. As we have furthermore demonstrated, ignition of the gas is a very unlikely event, as hydrogen on its own will not catch fire and any mixing with oxygen would have to occur outside of the airship.

In short: hydrogen filled airships are safe.

Given the scarcity of helium, an elusive element with little global production, and the fact that it is heavier than hydrogen, thus making it the worse choice of gas for commercial operation, we feel Eiffelland is committing a grave error and hamstringing an entire industry. Of course, companies operating airships to and from Eiffelland are welcome to use airships of the Implarian Airship Company and utilize helium instead of hydrogen to comply with national laws, but we must stress that our airships, designed with hydrogen in mind, can achieve higher speeds, carry bigger weight and require less fuel than their Eiffelländer competitors if utilizing hydrogen.

Signed,

The Implarian Airship Company

The government of the Implarian Federation expresses its concern about the multitude of protectionist measures put into place by the Eiffelländer government to the detriment of our nation. Implarian industry carried the world through the last war, but because it did not join this foolish endeavour, it is now excluded at every opportunity from postwar economic growth and often so with very flimsy excuses. Recent examples such as arbitrary regulations regarding airship security and the unwarranted interference in the trading of shares by Implarian investors have reinforced this view.

Eiffelländer interference in free markets and free trade, two cornerstones of a just and prosperous world order, is deeply unsettling. Eiffelland can not expect our government to sit by idly while Implarian companies and investors are punished for being better, faster and blessed with more entepreneurial spirit than their complacent competition from the old world.

We urge Eiffelland to reconsider its stance and allow for participation of Implarian companies in their market on a more equal footing. An escalation of this disagreement into a trade war can not be in any of our nations best interest.

Signed,

Implarian Foreign Secretary
 

Eiffelland

Elder Statesman
Joined
Oct 30, 2006
Messages
10,684
Location
Rotterdam, Netherlands
Capital
Trier
Reichsluftfahrtbehörde
Trier, Eiffelland

Your explanation does not take away our concerns regarding the use of hydrogen in airships. It could very well have been that the bullets penetrated the hull of the airship, but then still the only thing that was proven was that the airship is able to withstand machine gun fire. We can only consider a hydrogen-filled airship safe if a fire in one of the compartment bags is contained long enough for the crew and passengers to leave the airship safely.
Indeed, hydrogen can only ignite when it is mixed with oxygen, but it is by far not an inert gas. A leak in one of the gasbags may not lead to problems when the airship is still moving, but it will lead to problems when the airship is hanging still. At that moment, the leaking hydrogen has plenty of possibillities to mix with oxygen, and then one tiny little spark, just static electricity, is enough to cause a fire that will burn itself through the hulls of the gasbags.
One of the old airships of Luftfahrt Eiffelland is currently returning from its last trip. The intention is to disassemble it, but instead we can use it for a demonstration of the problem if you want to.
In any case, airships from the Implarian Airship Company are welcome in Eiffelland if they are filled with helium.

Signed,

Dipl. Ing. Erwin Fuchs, safety inspector


Auswärtiges Amt
Trier, Eiffelland

We regret that the feeling has emerged that Implarian companies would be denied chances in Eiffelland. However, is the situation really that bad? We don’t have that feeling. Implarian companies have access to the markets in Eiffelland. Indeed, we have safety regulations in place, but it can’t be different than that Implaria has safety regulations in place as well. Nobody wants to be electrocuted by his electric shaver. Nobody wants his radio or electric furnace to cause a fire. Nobody wants his grammophone to destroy his records. Nobody wants the engine of his brand new car to break down irreparably within a month. So there are safety rules, and indeed also quality rules.
We fully understand that free trade and the free market are the keys to prosperity, but free trade and the free market can only function properly and bring prosperity when they are not subject to market disturbances induced by market parties. The recent large fluctuations in the stock price of EKW-stocks were a strong indication of such market disturbances, and that made an intervention by the stock exchange authority necessary. EKW is a competitive and financially robust company, like all Eiffellandian companies with stock exchange listings. It is our intention to keep it that way, among others by making sure that the stock prices reflect the values of the companies correctly.

Dr. Norbert Schmelzer, Minister of Foreign Affairs
 

Tarusa

Regional Actor
Joined
Jun 18, 2019
Messages
255
Location
Middle of Nowhere USA
Capital
Kremlyov
Nick
JJ
Lianozov resumes full gas services to Ostmark
AP Kremlyov

A deal brokered earlier in the year before elections in Ostmark had resulted in limited gas supplies flowing back into Ostmark after discussions between the Holy Frankish Empire and the Tarusan Empire had settled minor issues. The debt of payments owed by Ostmark would be taken on by the Frankish nation in exchange for state owned Lianozov to resume gas flow to prevent suffering in the general public. While Lianozov did not immediately return to pre-crisis levels of exporting to Ostmark it had resumed enough for comfort but was unwilling to do more until the situation in Ostmark had changed.

With the death of Ludwig Bohmer the Board of Directors of Lianozov have stated that pre-crisis levels have been resumed on good faith with Frankish promises and contract negotiations will happen after the Tsarist government has carried out diplomatic meetings with the newly elected officials across the border in Wien.
Such a statement from the board of directors hints that inside knowledge points to a future meeting on the diplomatic level between the two governments is bound to happen. While the future is uncertain this seems to be a positive move for the economic future of the region even if it is only temporary.
 
Top