Honda Recalls Over 1.4 Mln Vehicles For Safety Issues

Heathrow Wins Supreme Court Ruling Over Third-Runway Plans

Heathrow Airport’s plan to expand was green-lighted after the Supreme Court ruled the U.K.’s support for a third runway didn’t violate its climate-change policy.

The court ruled Wednesday that the U.K. had properly taken account of its commitments under the Paris Agreement, meaning its support for a third runway at Europe’s busiest airport was legal. It overturned a lower court ruling, which forced the government to review its airport policy in light of environmental legislation.

The decision comes as the London airport grapples with a dramatic fall in passengers because of the coronavirus pandemic. In May, Heathrow Chief Executive Officer John Holland-Kaye told lawmakers that the expansion could be delayed five years or more as result of the outbreak.

The U.K. minister “acted rationally and in compliance with his legal obligations” when preparing an environmental report that accompanied the U.K.’s support for the runway, Judge Philip Sales said Wednesday.

Heathrow said after the ruling that despite the pandemic, the third runway is a vital part of its long-term plans.

“Demand for aviation will recover from Covid-19, and the additional capacity at an expanded Heathrow will allow Britain as a sovereign nation to compete for trade,” the airport said in a statement.

Libya Central Bank Board Approves New Official FX Rate

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The board of Libya’s central bank on Wednesday unanimously approved a single official exchange rate for the dinar, in its first joint meeting in five years amid efforts to fix an economy ravaged by nearly a decade of conflict.

The new rate was set at 4.48 dinars per U.S. dollar, the bank said in astatement on its Facebook page The move unified two different official exchange rates. The new rate goes into effect on Jan. 3, it said, describing the meeting as one marked by “the spirit of optimism” and the “prioritization of the national interest.”

Read also:Divided on Politics, Libya Rivals Find Economic Middle Ground

The meeting was a milestone for the rival central banks in the west and east of the country, and came after talks earlier in the week that grouped economic policy makers, as well as the World Bank, the U.S. and others.

Until this decision, the different official rates, as well as the black market rate, had wreaked havoc with national budgets and the vital oil sector.

Mike Pence Gets A Fact-Check After Calling COVID-19 Vaccine A ‘Medical Miracle’

Vice President Mike Pence drew widespread criticism on Twitter Tuesday for hailing a vaccine for COVID-19 as a “medical miracle.”

Pence, who leads the White House’s coronavirus task force, praised the speed with which the medication has been developed with this post:

Critics called out Pence’s suggestion of divine intervention.

“A miracle is something that cannot be explained by natural or scientific laws,” wrote one. “This vaccine was developed via hard work, intelligence, science, and perseverance. There was no magic involved.”

Added another: “It’s actually science, not a miracle.”

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Cabinet approves next round of spectrum auction

The DoT is yet to come out with any notification for the next round of auction.

The Union Cabinet has approved the next round of spectrum auction, Information and Broadcasting Minister Prakash Javadekar said on Wednesday.

The minister said that the cabinet has approved relief for sugarcane farmers, improvement in electricity infrastructure in North Eastern states and the auction of spectrum.

The Digital Communications Commission, the apex decision making body of the Department of Telecom, in May approved the spectrum auction plan subject to the cabinet approval.

The DoT is yet to come out with any notification for the next round of auction in which airwaves worth ₹ 5.22 lakh crore are to be sold.

According to Jio, spectrum worth ₹ 3.92 lakh crore is lying unused with the DoT for auction.

The telecom ministry gets an average revenue share of 5 % as spectrum usage charge from telecom operators which is calculated based on their spectrum holding and 8 per cent as licence fee from the revenue earned by them from sale of communication services.

Honda Recalls Over 1.4 Mln Vehicles For Safety Issues

Honda Motor Co., Ltd. is recalling around 1.4 million vehicles in the United States for issues related to software trouble and faulty drive shafts, reports said. Worldwide, the Japanese automaker’s recall includes 1.79 million vehicles.

The vehicles are called back in four separate campaigns. Majority of the cars recalled are Honda Accord sedans, which were manufactured between 2018 and 2020.

In one recall, about 735 thousand units of 2018-2020 Accord and 2019-2020 Insight vehicles are included to update the Body Control Module software. According to the company, a programming flaw could disrupt communication causing illumination of several warning lights and malfunction of electronic components. This includes the rear view camera display, turn signals and windshield wipers.

Further, 268 thousand units of 2002-2006 model year CR-V vehicles are called back to replace power window master switches. The recall was initiated after reports of 16 fires related to the issue, however, there had been no reported injuries.

This recall is in response to moisture-related failures of switches, which were repaired under Honda’s previous recall of power window master switches in 2012.

Honda also announced two recalls covering 430,000 Acura and Honda vehicles in 22 U.S. states. The vehicles are called back to inspect and potentially replace front drive shafts, in response to possible breakage of the drive shafts due to corrosion. The company has not received any reports of injuries in relation to the recalls.