tyb chek't
PlaneFag Europe Activity
Belfast
SAM401 C-32A departed Belfast after arriving earlierBlinkendeparted from JBA last night -CONUS time >>18680767 pb
RCH4557 C-17 Globemaster on ground at Belfast Int'l from Ramstein AFB depart
Russian AF RSD983 Tupolev204 departed Kazan (this has been going back and forth between Omsk and Moscow this week too) it was there earlier today again prior to Kazan stop
Turkish AF TURAF42 E-7T AEW&C-Airborne Early Warning & Control (they call it muh"Peace Eagle…:I) was running roundies over Latvia/Estonia border and heading south now-this AC will eventually replace the Sentry AWACS (as E-7A) here but not for a few years-sometimes in 2027-8 (Aussies, Singapore, RAF (UK) and SoKo AFs use them at present)
HUNTER German AF drone was over Baltic and returning to Schleswig AB and EAGLE1 drone just east of Denmark
Danish AF DAF5724 CL-60 returning to AB Aalborg from Faroe Islands stop and DAF5072 CL-60 departed Keflavik AB, Iceland heading to same
Spanish AF AME4554 Falcon 900 was at Rzsesow Airport earlier today and then went back to Madrid-Torrejon AB) and now heading to Belgrade Serbia
SPAR87 NATO G5 left Stuttgart Int'l (AFRICOM) and heading to Paris
French AF CTM1076 A330 departed Constanta AB, Romania
REDEYE6 NATO E-8C Joint STARS on the track just east of Warsaw
CONUS Activity
SAM705 C-40B 'WH NSO and 09-0018 C-32A heading across the Atlantic
BLS: CPI increased 0.1% in March; Core CPI increased 0.4%
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in March on a seasonally adjusted basis, after increasing 0.4 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 5.0 percent before seasonal adjustment.
The index for shelter was by far the largest contributor to the monthly all items increase. This more than offset a decline in the energy index, which decreased 3.5 percent over the month as all major energy component indexes declined. The food index was unchanged in March with the food at home index falling 0.3 percent.
The index for all items less food and energy rose 0.4 percent in March, after rising 0.5 percent in February. Indexes which increased in March include shelter, motor vehicle insurance, airline fares, household furnishings and operations, and new vehicles. The index for medical care and the index for used cars and trucks were among those that decreased over the month.
The all items index increased 5.0 percent for the 12 months ending March; this was the smallest 12-month increase since the period ending May 2021. The all items less food and energy index rose 5.6 percent over the last 12 months. The energy index decreased 6.4 percent for the 12 months ending March, and the food index increased 8.5 percent over the last year.
https://www.calculatedriskblog.com/2023/04/bls-cpi-increased-01-in-march-core-cpi.html
https://www.bls.gov/news.release/cpi.nr0.htm
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html
FED will probably do one more hike of 25bp Cap#4 and then D-O-N-E unless they create another 'crisis'..remember they had the chance of another hike at zero on March 10th…the day that SVB became the latest "issue" and the next jobs report will show a drop so yet another "all clear" to stop after one moar Cap #2 is what Powell is fixated on cap #3 is YoY in shelter from the CPI report (through March) and housing from the PCE report (through February 2023)
SoftBank to sell VC firm to company led by Masayoshi Son's brother
A new investment company led by Masayoshi Son's brother will acquire one of SoftBank Group's venture capital firms for an undisclosed amount, the companies announced on Wednesday.
The Edgeof, a Singapore-based investment firm set up in March by Taizo Son and Atsushi Taira, aims to complete the acquisition of South Korea-based SoftBank Ventures Asia this year, according to the announcement. Taizo Son is the younger brother of SoftBank Group Chairman and CEO Masayoshi Son and Taira is a former SoftBank Corp. executive. The move comes as SoftBank shifts away from big, high-profile investments as its rising interest rates and a worsening global economic outlook pile pressure on its portfolio. "The Edgeof was founded … with an aim to transform the startup ecosystem across Asia by creating a supportive environment," the company said in a press release. Taizo is an investor himself, known for founding GungHo Online Entertainment, a major player in Japanese online games. He was also involved in the founding of Yahoo Japan with his brother.
SoftBank Ventures Asia has around $2 billion in assets under management and invests in startups focused on technology such as e-commerce. The firm will collaborate with Taizo Son's investment company Mistletoe once the acquisition is completed. "Mistletoe excels in seed and early-stage investments," The Edgeof co-founder and Chairman Atsushi Taira told Nikkei via email. "By merging the expertise and experience of both companies, we can cover a comprehensive range of startup stages and investment sectors." The sale of SoftBank Ventures Asia which is just a fraction of the size of the group's flagship Vision Fund fits with the group's strategy, according to Shinji Moriyuki, senior analyst at SBI Securities. "These kinds of reshuffles are common," Moriyuki said. "SoftBank's basic strategy now is to not take too many risks and to go forward in changing some of its assets into cash if possible," he added. "Small firms can easily make sharp turns. If Taizo has knowledge and a network of people in the field, it could be better to trust him on the job."
https://asia.nikkei.com/Business/Startups/SoftBank-to-sell-VC-firm-to-company-led-by-Masayoshi-Son-s-brother
never habben (67 percent of sales of new light-duty passenger vehicles, from sedans to pickup trucks, will be all-electric by 2032)