Economy

Budget crisis in the US
LAX and JFK airports to see reduced traffic

Due to the shutdown of the US government apparatus, the FAA will reduce the number of departures from 40 airports around the country. Which ones are not yet fully clear. According to CNBC's mapping, however, this concerns several well-known and large airports. Including Los Angeles LAX and New York's important airports JFK and La Guardia.

The reduction corresponds to 10 percent of air traffic in the US. Around 3,500-4,000 flights a day are affected.

The FAA employs the country's air traffic controllers, who are a category of civil servants who are not laid off. Since the shutdown on October 1, the air traffic controllers have not been paid any salary.

American defense
The US to buy at least one million drones

The US Army plans to buy at least 1 million drones over the next two to three years, according to Secretary Daniel Driscoll according to Reuters. Currently, around 50,000 drones are being procured annually.

– It’s a big boost, he says.

The background to the escalation is the importance drones have had in the war between Ukraine and Russia. According to Driscoll, the two countries can produce 4 million drones a year. In China, the capacity is estimated to be about double that.

Tesla’s future
Musk’s promise: “Not a new chapter – it’s a new book”

After the approval of the historic compensation package, Elon Musk has responded with a number of grand promises about what Tesla can achieve in the coming years, writes Bloomberg.

Car production is to be ramped up significantly even though sales appear to be declining for the second year in a row. Tesla is also to begin manufacturing three new products next year, according to Musk: the severely delayed Semi truck, the Optimus robot and the Cybercab self-driving vehicle.

– It’s not just a new chapter for Tesla, it’s a new book, says Musk according to the news agency.

The compensation package is worth up to 9000 billion kronor over the next decade. The payment of the shares – which could increase his ownership from 13 to 25 percent – ​​requires that specific goals are reached in a step-by-step model.

Sanctions
Withdraws Lukoil bid: “Kremlin puppet”

The Swedish-owned oil company Gunvor, led by billionaire Torbjörn Törnqvist, is withdrawing its $22 billion bid for Russian Lukoil’s international assets until further notice, several media outlets report.

This comes after the US Treasury Department called Gunvor “the Kremlin’s puppet” on social media and said that the company would never receive a license to buy the assets and was thus stopping the purchase.

Gunvor responded to the comment, calling it “fundamentally incorrect and false”, but that it would try to correct a “clear misunderstanding”.