China’s economic indicators beat expectations

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30379499?utm_source=category&utm_medium=internal_referral

China’s economic indicators beat expectations

Dec 16. 2019
An employee installs an intelligent pipe winding machine at an industrial park in Lianyungang, Jiangsu province, on Nov 27, 2019. [Photo by Geng Yuhe/For China Daily]

An employee installs an intelligent pipe winding machine at an industrial park in Lianyungang, Jiangsu province, on Nov 27, 2019. [Photo by Geng Yuhe/For China Daily]
By China Daily/ANN

739 Viewed

Major economic indicators performed better than expected in November, showing that the Chinese economy made progress in stability despite challenges both at home and abroad, according to the National Bureau of Statistics on Monday.

The country’s industrial output, an important economic indicator, increased by 6.2 percent year-on-year last month, compared with 4.7 percent for October, the NBS said.

Retail sales rose by 8.0 percent year-on-year in November, compared with 7.2 percent in the previous month, the bureau said.

Fixed-asset investment expanded by 5.2 percent in the first 11 months, unchanged from the January-October period.

The urban employment situation stayed stable last month, with the surveyed jobless rate in urban areas standing at 5.1 percent, the same as October.

Tax reforms to take more time than expected but surprise on the way

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30379486?utm_source=category&utm_medium=internal_referral

Tax reforms to take more time than expected but surprise on the way

Dec 16. 2019
By The Nation

1,539 Viewed

The Ministry of Finance has indicated that plans to reform the income tax structure might not be completed by February as earlier scheduled but says a tax measure will be announced early in 2020 as a New Year’s gift to Thais.

The ministry’s permanent secretary Prasong Poontaneat said that tax reform committee will meet again on December 24 to report the progress of the tax structure study and that although some tax measures might be approved, the 10-per-cent cut in personal income tax will be delayed.

“We will be announcing a tax measure after the festive period but we will not reveal it now. Meanwhile, the 10-per-cent cut in personal income tax might be applied later in 2020 as it is related to financial stability. The tax reforms will remove the flaws from the present system and be fairer to all,” Prasong said.

Ekniti Nitithanprapas, director-general of the Revenue Department, said that the Fiscal Policy Office will be mainly responsible for the tax structure reform.

The Ministry is also aiming to collect 7-per-cent value-added tax on goods ordered online from other counties and also cancel the tax-free status on imported products priced below Bt1,500 so as to be fair to manufacturers who produce similar goods and who are charged 7-per-cent VAT.

“Thais now prefer to order online especially from China and US and the value of this market is worth more than Bt1 billion. Some avoid the tariff by showing the prices of goods as below Bt1,500 but the real value is higher than that, ” said Ekniti.

Palang Pracharath Party member sues Thanathorn, others over rally

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/news/30379493?utm_source=category&utm_medium=internal_referral

Palang Pracharath Party member sues Thanathorn, others over rally

Dec 16. 2019
By THE NATION

1,883 Viewed

Sonthiya Sawasdee, a member of Palang Pracharath Party filed a lawsuit at Pathumwan Police Station today (December 16) against Future Forward Party (FWP) leader Thanathorn Juangroongruangkit and three others (FWP secretary Piyabutr Saengkanokkul, FWP spokesperson Pannika Wanich, and FWP party listed MP Pita Limjaroenrat) for posting on facebook an invitation to Saturday’s rally on the skywalk of the Pathumwan intersection on Rama I Road in Bangkok.

Sonthiya claimed that Thanathorn and his alleged accomplices violated 3 laws: 1) Organising a rally without notifying authorities, blocking public entrance-exit, and in less than 150 metres from royal residence (Sa Pathum Palace); 2) Violation of Criminal Law article 116, causing public disobedience to the law; and 3) Violation of royal institution according to Article 6 of Thai Constitution.

“I am on board with political rally as long it doesn’t cause problems to the public,” said Sonthiya “I want to use this case as a standard for political parties to follow and to remind supporters joining the rally that they still have to follow the law.”

Sonthiya also added that ‘suing the rally organisers’ is what he has done for decades based on personal belief that all political rally must be lawful, and that his filing of the case today was not done on behalf of Palang Pracharath Party.

 

Related Story: [Gallery] FWP rally is underway at Pathumwan skywalk

Related Story: Thanathorn sets the stage for ‘real rally against dictatorship’

Run Against Dictatorship press conference held at Thammasat University

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/news/30379489?utm_source=category&utm_medium=internal_referral

Run Against Dictatorship press conference held at Thammasat University

Dec 16. 2019
By The Nation

1,729 Viewed

The Chana Songkhram Metropolitan Police Station reportedly prevented a press conference for the Run Against Dictatorship campaign from going ahead at Royal Rattanakosin Hotel on Monday (December 16), but the organisers chose Thammasat University Tha Prachan Campus as an alternative, the official Run Against Dictatorship Facebook page said.

The page explained that the press conference “would not cause any turbulence” as the schedule was previously publicised and the police should not prevent political activity.

US-China deal a relief for global economy but Thailand faces political challenges

Previously, an attempt to hold the press conference at the Foreign Correspondents’ Club of Thailand on December 11 was halted by Lumpini Police Station.

Despite intervention from the authorities, the campaign’s organisers insisted they would make it happen to express their freedom, and eventually held the press conference at Thammasat University Tha Prachan Campus on Monday morning.

Future Forward Party leader Thanathorn Juangroongruangkit stated that he was ready to join the Run Against Dictatorship campaign on January 12, 2019, after about a thousand Bangkok residents joined in his political rally on December 14.

Rallies rage on in India over citizenship law

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/news/30379531?utm_source=category&utm_medium=internal_referral

Rallies rage on in India over citizenship law

Dec 17. 2019
By The Straits Times/ANN

173 Viewed

Thousands of students flood streets of Delhi; Assam state sees five protesters shot dead.

Thousands of university students flooded the streets of India’s capital yesterday, while a southern state government led a march and demonstrators held a silent protest in the north-east, to protest against a new law giving citizenship to non-Muslims who entered India illegally to flee religious persecution in several neighbouring countries.

The protests in New Delhi followed a night of violent clashes between the police and demonstrators at Jamia Millia Islamia University. People who student organisers said were not students set three buses on fire and the police stormed the university library, firing tear gas at students crouched under desks.

Members of Indian Prime Minister Narendra Modi’s ruling Hindu nationalist Bharatiya Janata Party said opposition parties were using the students as pawns.

At Jamia Millia Islamia University yesterday, thousands stood outside the locked-down campus. Inside, hundreds of students took part in a peaceful sit-in, holding placards denouncing the injuries of dozens of students the night before.

Mr Mujeeb Ahmad, a 21-year-old Arabic major, returned to campus yesterday to join the sit-in and retrieve the book bag he had lost fleeing the library, where he had been studying for exams.

“We thought we were safe in the library,” he said, adding that he and others had locked the library doors from the inside. Policemen broke them down, and at least one officer fired tear gas, he said, holding up an empty canister he said he had picked up from the library floor.

Mr Modi’s government says the Citizenship Amendment Bill, which was approved by Parliament last week, will make India a safe haven for Hindus and other religious minorities in Muslim-majority Bangladesh, Pakistan and Afghanistan.

But critics say the legislation, which for the first time conditions Indian citizenship on religion, violates the secular Constitution of the world’s largest democracy.

The law’s passage has set off protests across India, but Assam state, the centre of a decades-old movement against illegal immigrants, has seen the highest toll.

Assam police officials said officers have fatally shot five protesters in state capital Guwahati while attempting to restore order to a city engulfed in demonstrations since last week. About 1,500 people have been arrested for violence including arson and vandalism, police spokesman G.P. Singh said, adding that the authorities were reviewing surveillance videos and anticipated making more arrests.

Schools will remain closed until Sunday, the government has blocked Internet service statewide and a curfew has been imposed from 9pm to 6am.

Municipal workers were clearing the city of debris yesterday and some businesses reopened, as the All Assam Students Union, which has spearheaded Assam’s anti-immigration movement for decades, led a silent protest. The group and its followers fear that an influx of migrants will dilute native Assamese culture and political sway.

The citizenship law follows a contentious citizenship registry process in Assam intended to weed out people who immigrated illegally.

More than 700 scholars sign letter urging House to impeach Trump

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/news/30379524?utm_source=category&utm_medium=internal_referral

More than 700 scholars sign letter urging House to impeach Trump

Dec 17. 2019
File Photo: President Trump

File Photo: President Trump
By The Washington Post · Felicia Sonmez 

324 Viewed

A group of more than 700 historians, legal scholars and others published an open letter Monday urging the House of Representatives to impeach President Donald Trump, denouncing his conduct as “a clear and present danger to the Constitution.”

The letter’s release comes two days before the House is expected to vote on two articles of impeachment.

“President Trump’s lawless obstruction of the House of Representatives, which is rightly seeking documents and witness testimony in pursuit of its constitutionally-mandated oversight role, has demonstrated brazen contempt for representative government,” the scholars write in the letter, which was published online by the nonprofit advocacy group Protect Democracy.

“So have his attempts to justify that obstruction on the grounds that the executive enjoys absolute immunity, a fictitious doctrine that, if tolerated, would turn the president into an elected monarch above the law,” they add.

Protect Democracy also released a letter earlier this month from more than 500 law professors asserting that Trump had committed “impeachable conduct.”

Among the notable signatories of the latest letter are award-winning filmmaker Ken Burns, biographer Robert Caro and historians Ron Chernow, John Meacham and Douglas Brinkley.

In the letter, the scholars criticize Trump’s “numerous and flagrant abuses of power” and state that his actions “urgently and justly require his impeachment.”

“As Alexander Hamilton wrote in The Federalist, impeachment was designed to deal with ‘the misconduct of public men’ which involves ‘the abuse or violation of some public trust,’ ” they wrote.

“Collectively, the President’s offenses, including his dereliction in protecting the integrity of the 2020 election from Russian disinformation and renewed interference, arouse once again the Framers’ most profound fears that powerful members of government would become, in Hamilton’s words, ‘the mercenary instruments of foreign corruption,’ ” they add. “It is our considered judgment that if President Trump’s misconduct does not rise to the level of impeachment, then virtually nothing does.”

Germans agree CO2 taxes aren’t high enough and want to pay more

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/news/30379519?utm_source=category&utm_medium=internal_referral

Germans agree CO2 taxes aren’t high enough and want to pay more

Dec 17. 2019
File Photo: UNFCCC COP25 Climate Conference Begins In Madrid

MADRID, SPAIN - DECEMBER 04: Fridays for Future climate activists, including (from 2ndL to R) Linus Dolder of Switzerland, Jinhyun Park of South Korea, Toby Thorpe of Tasmania, Australia, and Lea Ilardo of Canada, speak at the Fridays for Future press conference on day three at the UNFCCC COP25 climate conference on December 4, 2019 in Madrid, Spain. The conference brings together world leaders, climate activists, NGOs, indigenous people and others together for two weeks in an effort to focus global policy makers on concrete steps for heading off a further rise in global temperatures. (Photo by Sean Gallup/Getty Images)

File Photo: UNFCCC COP25 Climate Conference Begins In Madrid MADRID, SPAIN – DECEMBER 04: Fridays for Future climate activists, including (from 2ndL to R) Linus Dolder of Switzerland, Jinhyun Park of South Korea, Toby Thorpe of Tasmania, Australia, and Lea Ilardo of Canada, speak at the Fridays for Future press conference on day three at the UNFCCC COP25 climate conference on December 4, 2019 in Madrid, Spain. The conference brings together world leaders, climate activists, NGOs, indigenous people and others together for two weeks in an effort to focus global policy makers on concrete steps for heading off a further rise in global temperatures. (Photo by Sean Gallup/Getty Images)
By Syndication Washington Post, Bloomberg .Brian Parkin, Patrick Donahue 

490 Viewed

Germans say they’re ready pay a higher national levy on carbon pollution after utilities and policy makers joined climate activists in rebelling against proposed below-market rates deemed insufficient to fight climate change.

Lawmakers from Germany’s 16 states reached preliminary agreement over the weekend to more than double a new tax on carbon dioxide emissions from transport and heating, according to a document seen by Bloomberg News. Consumers in Europe’s biggest economy will now face a 25 euros ($27.85) a ton surcharge rather than the 10 euros a ton initially proposed. The pollution premium will rise to 55 euros by 2025, a jump of almost three-fifths from the original proposal.

Policy makers joined the BDEW utilities lobby and World Wildlife Fund in demanding the cost of polluting be set closer to market prices, where carbon permits under the European Union’s emissions-trading system currently trade at about 24 euros a ton. Chancellor Angela Merkel’s government had initially shied away from introducing the higher fee because of the risk of a political backlash from consumers facing higher gas and heating costs.

Two of Germany’s most powerful lobbies — the BDI industry group and the BDEW utilities federation — said Monday they were against the plan to raise emissions costs. The move would “drastically damage the competitiveness of the economy,” BDI said in a statement.

The so-called upstream charges for pollution certificates will be paid by sellers of oil and gas, who can pass the extra costs on to customers. Merkel said the levy was the “centerpiece” of her government’s move to get Germany back on track to cut emissions. Pollution from transport and heating accounts for about a third of all German emissions and have barely declined this decade.

The government will use additional revenue from the updated charges to cut the cost of retail power that has swelled because of clean-energy surcharges, according to the document. Germany will also cut the value-added tax on rail travel from 2020 and increase tax rebates for commuters living long distances from their workplace.

The Finance Ministry originally calculated revenue of 3.6 billion euros in 2021, a figure that could more than double under the new price.

The higher levies, instituted to speed the adoption of more efficient and ecological transport and heating technologies, could still carry political risks. The “Yellow Vest” protests in France were ignited by increased taxes. The rising popularity of the Alternative for Germany party, which opposed the charges, influenced Berlin’s initial cautious approach.

Germany’s subsidized Energiewende, or energy transition, that kicked off two decades ago marked one of the biggest shifts in wealth since World War II, Brandenburg’s state governor Dietmar Woidke has said. Homeowners who invested in solar and wind energy received state support while many of the millions of Germans renting homes see themselves left out.

Revenue from sales of emissions permits from both Europe’s ETS platform and from the national CO2 permit program is expected to finance as much as two-thirds of Germany’s sweeping 54 billion-euro Climate Protection Program 2030 unveiled in September.

Impeachment probe leads to an explosion of false and misleading claims from Trump

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/news/30379518?utm_source=category&utm_medium=internal_referral

Impeachment probe leads to an explosion of false and misleading claims from Trump

Dec 17. 2019
File Photo: President Trump /GettyImages

File Photo: President Trump /GettyImages
By The Washington Post · Glenn Kessler, Salvador Rizzo, Meg Kelly 

544 Viewed

WASHINGTON – In 2017, President Donald Trump made nearly 1,999 false or misleading claims. In 2018, he added another 5,689, for a total of 7,688.

Now, with a few weeks still left in 2019, the president already has more than doubled the total number of false or misleading claims in just a single year.

As of Dec. 10, his 1,055th day in office, Trump had made 15,413 false or misleading claims, according to the Fact Checker’s database that analyzes, categorizes and tracks every suspect statement he has uttered. That’s an average of more than 32 claims a day since our last update 62 days ago.

In fact, October and November of this year rank as the second- and third-biggest months for Trumpian claims. They are exceeded only by October 2018, when Trump barnstormed the country in a desperate – and unsuccessful – effort to thwart a Democratic takeover of the House of Representatives. Both Octobers had more than 1,100 claims, with an average of nearly 40 claims a day.

A key reason for this year’s jump: the uproar over Trump’s phone call with Ukraine’s president on July 25 – in which he urged an investigation of former Vice President Joe Biden, a potential 2020 election rival – and the ensuing House impeachment inquiry. Nearly 600 of the false or misleading claims made by the president in the past two months relate just to the Ukraine investigation.

The president apparently believes he can weather an impeachment trial through sheer repetition of easily disproven falsehoods.

For instance, more than 60 times he has claimed that the whistleblower complaint about the call was inaccurate. The report accurately captured the content of Trump’s call and many other details have been confirmed. Eighty times, Trump has claimed his phone call with the Ukrainian president was “perfect,” even though it so alarmed other White House officials that several immediately raised private objections. This is a talking point that even Trump’s Republican defenders have trouble repeating.

Three claims about the Ukraine investigation have now made it on our list of Bottomless Pinocchios. (It takes 20 repeats of a Three or Four Pinocchio claim to merit a Bottomless Pinocchio, and there are now 30 entries.) Besides the claim about the whistleblower, the two other claims on the Bottomless Pinocchio list are that Biden forced the resignation of a Ukrainian prosecutor because he was investigating his son Hunter and that Hunter Biden scored $1.5 billion in China after hitching a ride on Air Force Two with his father.

Trump crossed the 10,000 mark on April 26. From the start of his presidency, he has averaged nearly 15 such claims a day.

About one in five of these claims are about the economy or jobs.

As he approaches a tough reelection campaign, Trump’s most repeated claim – 242 times – is that the U.S. economy today is the best in history. He began making this claim in June 2018, and it quickly became one of his favorites. The president can certainly brag about the state of the economy, but he runs into trouble when he repeatedly makes a play for the history books. By just about any important measure, the economy today is not doing as well as it did under Presidents Dwight D. Eisenhower, Lyndon B. Johnson or Bill Clinton – or Ulysses S. Grant. Moreover, the economy is beginning to hit the head winds caused by Trump’s trade wars, with the manufacturing sector in an apparent recession.

About one in six of Trump’s claims are about immigration, his signature issue – a percentage that increased earlier in the year when the government was partially shut down over funding for his promised wall along the U.S.-Mexico border. In fact, his second-most repeated claim – 235 times – is that his border wall is being built. Congress balked at funding the concrete barrier he envisioned, so he has tried to pitch bollard fencing and mostly repairs of existing barriers as “a wall.” He tried to redirect funds from other projects but run into trouble with the courts. The Washington Post has reported that the bollard fencing is easily breached, with smugglers sawing through it, despite Trump’s claims that it is impossible to get past. As of October, the Trump administration had acquired just 16 percent of the private land in Texas it needs to build the president’s border barrier, with less than four miles completed.

Trump has falsely said 181 times that he passed the biggest tax cut in history. Even before his tax cut was crafted, he promised it would be the biggest in U.S. history – bigger than Ronald Reagan’s in 1981. Reagan’s tax cut amounted to 2.9 percent of the gross domestic product, and none of the proposals under consideration came close to that level. Yet Trump persisted in this fiction even when the tax cut was eventually crafted to be the equivalent of 0.9 percent of GDP, making it the eighth-largest tax cut in 100 years. This continues to be an all-purpose applause line at the president’s rallies.

On 175 occasions, Trump has claimed the United States has “lost” money on trade deficits. This reflects a basic misunderstanding of economics. Countries do not “lose” money on trade deficits. A trade deficit simply means people in one country are buying more goods from another country than people in the second country are buying from the first country. Trade deficits are also affected by macroeconomic factors, such as currencies, economic growth, and savings and investment rates.

The president frequently offers inflated estimates for trade deficits with various countries and insists they are being reduced on his watch, even though they are climbing.

The president’s constant Twitter barrage also adds to his totals. Nearly 20 percent of the false and misleading statements stemmed from his itchy Twitter finger.

Trump’s penchant for repeating false claims is demonstrated by the fact that the Fact Checker database has recorded nearly 400 instances in which he has repeated a variation of the same claim at least three times.

Even as Trump’s fact-free statements proliferate, there is evidence that his approach is failing.

Fewer than 3 in 10 Americans believe many of his most-common false statements, according to a Washington Post Fact Checker poll published in 2018. Only among a pool of strong Trump approvers – about 1 in 6 adults in the survey – did large majorities accept several, although not all, of his falsehoods as true.

The award-winning database website, created by graphics reporter Leslie Shapiro, has an extremely fast search engine that will quickly locate suspect statements the president has made. We encourage readers to explore it in detail. We recently added a new feature that provides a URL for every claim that is fact-checked, allowing readers to post the link on social media.

Note: The Fact Checker welcomes academic research of the Trump claims database. Recent examples include work done by Erasmus University , University College London and the University of California at Santa Barbara . You can request our data files with an explanation of your research plans by contacting us at factchecker@washpost.com .

Boeing considers halting production of 737 Max, stock tumbles

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/news/30379515?utm_source=category&utm_medium=internal_referral

Boeing considers halting production of 737 Max, stock tumbles

Dec 17. 2019
File Photo: Boeing's 737 Max Crisis Continues, As The Airline Manufacturer Aims To Get The Planes Back In Air Before End Of Year

RENTON, WA - OCTOBER 20: Workers inspect a Boeing 737 MAX aircraft owned by American Airlines at Boeing's Renton Factory on October 20, 2019 in Renton, Washington. (Photo by Gary He/Getty Images)

File Photo: Boeing’s 737 Max Crisis Continues, As The Airline Manufacturer Aims To Get The Planes Back In Air Before End Of Year RENTON, WA – OCTOBER 20: Workers inspect a Boeing 737 MAX aircraft owned by American Airlines at Boeing’s Renton Factory on October 20, 2019 in Renton, Washington. (Photo by Gary He/Getty Images)
By Syndication Washington Post, Bloomberg · Julie Johnsson 

548 Viewed

Boeing Co. dropped the most in nearly two months on news that the company is weighing a temporary production halt for the grounded 737 Max.

With regulatory approval for the jet’s return increasingly likely to slip beyond January, Boeing’s board is considering whether to slow already-pared output of its best-selling jet, a person familiar with the matter said. Some executives are convinced, however, that a full pause instead would be less disruptive, said the person, who asked not to be identified as the discussions were confidential.

A decision could come as soon as Monday as directors review manufacturing plans for the 737 program, the company’s biggest source of cash, as part of a regularly scheduled December board meeting. The board typically sets the company’s dividend for the coming year at such sessions and decides on its share repurchases, which have been suspended amid the crisis prompted by the unprecedented grounding.

Boeing dropped 2.9% to $331.89 at 9:40 a.m. in New York after tumbling 4.5%, the most intraday since Oct. 21. Through last week, Boeing had declined 19% since a March crash in Ethiopia sparked a global grounding of the Max, the biggest drop on the Dow Jones Industrial Average.

The Wall Street Journal reported earlier that the production plans have become more urgent as the U.S. Federal Aviation Administration signaled it wouldn’t certify the revamped Max this year.

“We continue to work closely with the FAA and global regulators towards certification and the safe return to service of the Max,” Boeing said in an email. “We will continue to assess production decisions based on the timing and conditions of return to service, which will be based on regulatory approvals and may vary by jurisdiction.”

The Chicago-based planemaker has drafted contingency plans for a variety of scenarios as the Max’s global grounding stretches to more than nine months following two fatal crashes that killed 346 people.

Boeing slashed 737 production by 19% in the weeks following the March tragedy. Meanwhile, inventory costs have ballooned to record levels as the company’s factory in Renton, Washington, continued to churn out 42 of the jets a month.

Since the company isn’t allowed to deliver the aircraft while the flying ban remains in place, Boeing has placed more than 380 newly built planes in storage, according to a tally by 737 production blogger Chris Edwards. The build-up would continue if production were slowed rather than halted.

“They are doing the sensible thing by halting or putting a pause on the production line,” said Shukor Yusof, founder of aviation consulting firm Endau Analytics. “Cash burn has been bad.”

Boeing’s board is meeting after a bruising week for the aerospace giant. In a sign of growing rancor between the company and its regulator, FAA Administrator Steve Dickson chastised Boeing Chief Executive Officer Dennis Muilenburg in a Dec. 12 meeting for pursuing an unrealistic schedule for the Max’s return to service.

The FAA said it was worried by a perception that Boeing was pressuring regulators to take action. In a message to the U.S. Congress, the FAA said it had used the meeting to exhort the company to focus on the “quality and timeliness of data submittals for FAA review.”

The rare public admonishment came a day after Dickson was grilled for hours by the House Transportation & Infrastructure Committee over the FAA’s decision to allow the 737 Max to continue flying after the initial fatal Max crash off the coast of Indonesia on Oct. 29, 2018.

With the FAA having signaled that the Max wouldn’t be cleared to fly until next year, American Airlines Group Inc. further delayed a return of the planes to its schedule until early April. Southwest Airlines Co., the largest operator of the single-aisle plane, said it was considering a similar move.

The Max was grounded after the second crash, of an Ethiopian Airlines flight, on March 10. The disasters prompted the longest flying ban for a U.S. airliner in the jet age.

The production decision isn’t easy for Boeing amid the tightest job market in a half century.

The largest U.S. industrial company by market value wants to avoid a potential unraveling of manufacturing expertise across a broad swath of North America as it recovers from the Max crisis. That’s the risk if large numbers of highly skilled workers from the 600 mostly U.S. companies building components for the jet were to move on to other jobs at a time of historically low unemployment.

The company has been studying whether to pause Max manufacturing for a short, clearly defined period of time, Bloomberg reported in August. Executives figure that that approach would conserve cash and be less likely to trigger widespread layoffs than imposing another factory slowdown.

Boeing officials won’t discuss the finer points of how they would manage through a shutdown, including details like worker pay. But the idea is that coveted employees would prefer the certainty of a surgical shutdown to an open-ended period of slower production that could lead tolayoffs.

The 400,000 parts that go into each Max arrive in a tightly choreographed sequence timed, in some cases, down to the hour. But suppliers do regularly navigate stoppages telegraphed in advance, such as strikes, and Boeing’s traditional year-end factory closing — which could be extended this year into the longer pause.

SET could reach 1,610 points in December: analyst

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/news/30379530?utm_source=category&utm_medium=internal_referral

SET could reach 1,610 points in December: analyst

Dec 17. 2019
By THE NATION219 Viewed

Viwat Techapoonpol, stock analyst at Tisco Securities predicted on Tuesday (December.17) that the Stock Exchange of Thailand (SET) index in the last month of 2019 could rise up to 1,585-1,610 points, thanks to purchases of RMF and LTF, the latter only available until the end of December, of approximately Bt10 billion.

The SET index as of Monday closed at 1,549.74 points,  sharply down on previous day at 24.17 points with total trade value of Bt53.9 billion.

Other positive factors include the easing of trade tensions between China and the US and while most of the benefits will go to China, this has resulted in rises in several international markets, among them Nasdaq, DowJones, Dax, Fesx and Taiwan to rise. Stocks in TPI (Thailand, Indonesia, Philippines) are still underperforming compared to the Hang Seng, so this month would be likely to see a gradual rise then slow sideways progress.

He also predicted that the oil price for the rest of 2019 could reach a new high with OPEC cutting daily production volume by 500,000 barrels starting January 1.

Recommended outstanding stocks in December include AP, CPAll, KKP, MINT, SCB, SCC and VGI, while stocks of the day are IRPC, PTTEP and SCC.