Israel's first F-35 jets land as Trump blasts costs

December 13, 2016

Nevatim Air Base (Israel), Dec 13: The US F-35 stealth fighter programme suffered a dual blow today as President-elect Donald Trump blasted "out of control" costs and bad weather delayed delivery to Israel by six hours.Trump reuters1

With US Defence Secretary Ashton Carter in Israel for the arrival of the first two of 50 of the warplanes bought from aerospace giant Lockheed Martin, Trump lashed out on Twitter against the programme.

"The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th," Trump said, referring to his inauguration day.

Lockheed Martin's stock tumbled 4.3 per cent shortly after the tweet, which prompted a response from the company. With a current development and acquisition price tag of USD 379 billion for a total of 2,443 F-35 aircraft - most of them destined for the US Air Force - the plane is the most expensive in history.

Once servicing and maintenance costs are factored in over the aircraft's lifespan through 2070, overall programme costs are expected to soar to USD 1.5 trillion.

Speaking at the landing site in southern Israel, Jeff Babione, Lockheed's programme manager for the F-35s, told journalists the planes represented a good deal. "It's great value and I look forward to any questions that the president-elect may have," he said.

In Israel, the first two F-35s landed at Nevatim air base at around 8.15 pm (1845 GMT), around six hours late after being delayed by bad weather in Italy, believed to be fog.

Some 4,000 people had been expected to watch the landings but the crowds thinned as the landing was delayed, leaving only around half the seats full by nightfall.

The two planes came to a halt in front of the spectators, one on each side of the stage erected for speeches of welcome. "The aircraft landing here will change the rules of the game," President Reuven Rivlin said.

Prime Minister Benjamin Netanyahu referred to Israel's air force as the state's long arm. I want to tell the people of Israel today that this long arm today became longer, more powerful," he said.

"Anyone thinking of attacking us will be attacked," he added, in an apparent reference to arch-foe Iran. "Anyone thinking of destroying us places his own existence in danger."

A Lockheed official said the delivery delay was caused by Italian air safety regulations, rather than any limitation of the planes, but this did not stop jibes.

"Here's hoping we only go to war on sunny days..." one Israeli joked on Twitter. The Trump attack and the delay in the fighters' arrival threatened to overshadow what Israel had labelled a key day in its military's future.

While other countries have ordered the planes, Israel - which receives more than USD 3 billion a year in US defence aid - says it will be the first outside the US with an operational F-35 squadron.

Carter and Israeli Defence Minister Avigdor Lieberman joined Netanyahu and Rivlin at the ceremony.

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Agencies
August 8,2020

Washington, Aug 8: The United States has reported 58,173 new coronavirus cases on Friday, bringing the total past 4.9 million, according to Johns Hopkins University.

"The first case of COVID-19 in the US was reported 198 days ago on 22.01.2020.Yesterday, the country reported 58,173 new confirmed cases and 1,243 deaths," it said.

The country is expected to cross the 5 million thresholds in the coming days. It leads the world both in terms of coronavirus cases and deaths estimated at over 161,300.

Overall, there have been 19.4 million cases confirmed globally and almost 721,800 people have died from virus-related complications. Another 11.7 million have recovered.

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News Network
June 12,2020

Jun 12: The global number of COVID-19 cases has increased to over 7.5 million, while the death toll was nearing 421,000, according to the Johns Hopkins University.

As of Friday morning, the overall number of cases stood at 7,500,777, while the deaths increased to 420,993, the University's Center for Systems Science and Engineering (CSSE) revealed in its latest update.

The US continues with the world's highest number of confirmed cases and deaths at 2,022,488 and 113,803, respectively, according to the CSSE.

In terms of cases, Brazil comes in the second place with 802,828 infections.

This was followed by Russia (501,800), the UK (292,860), India (286,605), Spain (242,707), Italy (236,142), Peru (214,788), France (192,493), Germany (186,691), Iran (180,156), Turkey (174,023), Chile (154,092), Mexico (133,974), Pakistan (125,933) and Saudi Arabia (116,021), the CSSE figures showed.

Regarding fatalities, the UK continues in the second position after the US with 41,364 COVID-19 deaths, which also accounts for the highest number of fatalities in Europe.

The other countries with over 10,000 deaths are Brazil (40,919), Italy (34,167), France (29,349), Spain (27,136) and Mexico (15,944).

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News Network
March 2,2020

Paris, Mar 2: A global agency says the spreading new virus could make the world economy shrink this quarter, for the first time since the international financial crisis more than a decade ago.

The Organization for Economic Cooperation and Development says Monday in a special report on the impact of the virus that the world economy is still expected to grow overall this year and rebound next year.

But it lowered its forecasts for global growth in 2020 by half a percentage point, to 2.4 per cent, and said the figure could go as low as 1.5 per cent if the virus lasts long and spreads widely.

The last time world GDP shrank on a quarter-on-quarter basis was at the end of 2008, during the depths of the financial crisis. On a full-year basis, it last shrank in 2009.

The OECD said China's reduced production is hitting Asia particularly hard but also companies around the world that depend on its goods.

It urged governments to act fast to prevent contagion and restore consumer confidence.

The Paris-based OECD, which advises developed economies on policy, said the impact of this virus is much higher than past outbreaks because "the global economy has become substantially more interconnected, and China plays a far greater role in global output, trade, tourism and commodity markets."

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