BREAKING NEWS

United States appeals against latest WTO Boeing subsidies ruling

By REUTERS

DECEMBER 16, 2016 19:04

The United States appealed on Friday against a ruling on tax breaks for Boeing, the World Trade Organization said on its website, the latest step in a more than a decade-old transatlantic spat over subsidies for Boeing and Airbus.

A panel of WTO adjudicators ruled last month that a tax break from Washington state to help U.S. planemaker Boeing develop its new 777X jetliner was a prohibited subsidy.

Details of the appeal were not immediately available, but Boeing said last month that it was confident that the United States would be able to reverse the ruling.

NATO allies will need to spend closer to 3% of GDP on defense

By REUTERS

11/25/2024 12:24 PM

Children in Safed find Mandate-era grenade, sappers called to the scene

By ELI ASHKENAZI

11/25/2024 11:53 AM

Rocket fired from northern Gaza falls in open area

By JERUSALEM POST STAFF

11/25/2024 11:52 AM

Ukraine's air force says it downed 71 drones during Russia's attack

By REUTERS

11/25/2024 11:45 AM