Israel Sees $6.5 Billion in Trade as UAE Peace Talks Start

Israel Sees $6.5 Billion in Trade as UAE Peace Talks Start

Talks to normalize relations between Israel and the United Arab Emirates launch this week with a focus on economic issues, with thornier defense matters pushed off as controversy churns around the Gulf Nation’s bid to buy the U.S.’s top warplane. Aug 30, 2020 (CDN Newswire via Comtex) —
Global Die Separator Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 helps to explain… The Orioles signed Tommy Milone to a minor league contract and he ended up being a trade piece. Not bad.

The Port Of Haifa

Photographer: Ariel Jerozolimski/Bloomberg

Photographer: Ariel Jerozolimski/Bloomberg

Talks to normalize relations between Israel and the United Arab Emirates launch this week with a focus on economic issues, with thornier defense matters pushed off as controversy churns around the Gulf Nation’s bid to buy the U.S.’s top warplane.

Why UAE Struck a Deal With Israel and Why It Matters: QuickTake

Israel’s Finance Ministry sees potential for annual bilateral trade starting at $2 billion and building up to $6.5 billion once cooperation matures, according to deputy chief economist Lev Drucker. This week’s trip will center on promoting cooperation in fields like tourism, finance, trade and health, according to Israeli Prime Minister Benjamin Netanyahu.

The UAE Foreign Ministry declined to comment.

Just three weeks ago such a meeting would have been unheard of. But on Aug. 13, the countries announced their plan to normalize ties, a first between Israel and a Gulf Arab nation, and only the third such arrangement between the Jewish state and an Arab one. Making this week’s two-day gathering even more eventful is that on Monday, the delegation of Israelis and Americans are flying from Tel Aviv to Abu Dhabi, over Saudi Arabia — a first commercial flight of its kind for an Israeli airline.

Israeli Plane Makes Historic First Flight Over Saudi Skies (1)

Shared animosity toward Iran brought Israel and the UAE closer, but commerce is another key motivator. While the UAE has been quiet about its aspirations for specific areas of cooperation, Israeli airlines and banks are already putting out feelers for working on Emirati turf, and Israeli officials have also expressed hope of cooperating in technology and aerospace.

The Finance Ministry’s trade projections are significantly higher than the $1 billion mooted by the Ministry of Economy. Finance Ministry officials are also looking into the potential for negotiating treaties on bilateral investment, taxation, customs and trade financing, according to a person familiar with the matter who asked for anonymity to discuss internal planning.

Defense matters will be addressed later on, Netanyahu said in a statement, amid tensions over the UAE’s request to buy F-35 stealth fighters from Lockheed Martin Corp. Such a purchase could chip away at Israel’s qualitative military edge in the region, which the U.S. has pledged to uphold.

Stealth Jet Tests Limits of Israel’s Peace Push With Arab Power

Netanyahu has denied that normalization with the UAE includes any agreement on providing advanced weaponry and he’s publicly opposed an F-35 sale. Axios reported that the UAE was disappointed enough over Netanyahu’s public opposition to the sale to cancel or postpone a meeting with U.S. and Israeli representatives at the United Nations earlier this month.

U.S. President Donald Trump has said an F-35 sale is “under review” after the UAE made “a great advance in peace of the Middle East.” Secretary of State Michael Pompeo, in a visit to Jerusalem last week, emphasized that Washington is committed to maintaining Israel’s regional advantage, while standing behind U.S. efforts to sell the Gulf nation advanced weaponry.

(Updates with historic El Al flight in fourth paragraph)

Source: www.bloomberg.com

Author: By
Ivan Levingston


Global Die Separator Market 2020 Product Type, Applications, Market Share and Forecast by 2025

Global Die Separator Market 2020 Product Type, Applications, Market Share and Forecast by 2025

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Top players of Die Separator market are studied: DISCO, Dayton Lamina, UNIVERSAL1972, SPI / Semicon

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This report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), MENA (Saudi Arabia, UAE, Turkey and South Africa)

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Orioles trade Tommy Milone to Braves

Orioles trade Tommy Milone to Braves

The Orioles didn’t wait until the day of the trade deadline to jump back into the trade pool. Sunday morning brought news from MLB.com’s Braves beat writer Mark Bowman that the O’s are trading left-handed pitcher Tommy Milone to the Braves. MLB Network’s Joel Sherman added that the trade is for two players to be named later.

The trade was officially announced at about 11:45am Eastern, in line with the previous reporting: Milone to the Braves for two players to be named later.

One reality of the strange circumstances of 2020 is that more trades will have the PTBNL return. That’s because the only players who can be officially traded are ones who are on a team’s 60-man player pool. Teams can agree on other players but they have to be officially named later. The O’s have already got one of these coming from them from the Marlins in the Richard Bleier trade, and now they’ve got two more coming from the Braves.

The O’s brought in Milone on a minor league contract in the very early days of the first attempt at spring training. Even as I expected the O’s to not be good and to end up trading away players, I never figured Milone would have much value. I forgot he was even in camp between March and July and had no excitement that he made the rotation or that he ended up being the Opening Day starting pitcher.

The Opening Day start wasn’t a great one by any means, though Milone ended up overcoming that in his next five starts. His six start tenure ends with a 3.99 ERA, 3.85 FIP, 1.265 WHIP, and a K/BB ratio of 31/4 in 29.1 innings.

For the Braves, who currently have a grand total of one starting pitcher who’s both good and healthy, that was enough to part with some players to be named later in order to bring in the 33-year-old Milone.

The top 12 Braves prospects are all in their player pool. If Mike Elias’s trades to date are any indication, the O’s are probably looking for either very young former international amateur signings or recently drafted players.

The most interesting thing in the short term for the Orioles is that a spot has been opened up in the starting rotation. Is it finally Keegan Akin’s time to get to make some starts? Could a different prospect be summoned from the alternate training site? Or will the O’s find a way to plug this hole without resorting to any prospects?

Source: www.camdenchat.com

Author: Mark Brown


Israel Sees $6.5 Billion in Trade as UAE Peace Talks Start


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