Beiteynu

[TRA]

Finance News
Central Bank of Beiteynu releases fiscal report
March 5286 - In retrospect, Beiteynu's growth and inflation rates, trade and the future of the Beiteynuese economy
Also published on The Terran Times and distributed internationally

- MOFIN introduces the Local Stability Act, to funnel 12.3B LOD into local governments over the next 14 years
- MOIT awards 32.2B LOD contract to Aristocrat Energetical for the maintenance and upkeep of Beiteynu's nuclear power grid
- PM Keren Shlomo suggests a change to the debt repayment structure from 0.010% to 0.025%
- Central Bank of Beiteynu introduces list of public and private investments, MOD cuts back further on Naval Expansion Act defense contracts
- Markets react with mild caution to the newly released report by the Central Bank of Beiteynu
- Deployment of naval forces in Kundrati underway, the MOD confirms


Offices of the Central Bank of Beiteynu (OOC: Shalom Meir Tower) in Tel Bira

Yishelem, Beiteynu - The recent government investment acts introduced to the Knesset reflect the Shlomo Administration's "renewed" view of the closing period of the 53rd century, as the Central Bank of Beiteynu reports a "frenzy" of a growth rate - with the need to stabilise - and an insatiable thirst of Beiteynu's inflation rate that keeps on growing - with a need to begin its decline entering the 54th century. The new acts seem to have done the trick, the CEBAB states. Furthermore, the bank has advised the Beiteynuese Government to cutback on its defense programs and avoid changing the landscape of income, sales, corporate taxes and spending budgets, as that would disrupt the macroeconomic flow already established, at least for the next 14 years, unless debt would go back up and the government's pockets would go effectively empty, smitten of its initiatives for at least 3 more decades.

All in all, while Beiteynu witnesses an overall expansion of its economic capability, little has been done to balance its growth with the inevitable inflation and although the GDP marks an incline from 121.764B to 218.326B LOD over the course of 10 decades, the Beiteynuese people have felt no change in their purchasing power, the end result being the increase of inequality and fraud across the nation.

To that end, the Shlomo Administration has promised to introduce a final realignment act on taxes and spending by 5300, closing a century of pivoting.


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Imports

There is no substantial change identified in the volume of net imports by Beiteynu, regardless of the increase of exports observed over the course of the recent decades, considering how Beiteynu has needed to rely on the import of necessary goods and services. However, there is an important change in the overall markup to Beiteynu's sources of imports: the scene is dominated by a decrease in Dorvish trade and a substantial increase from Kundrati and Trigunia thanks to the solidified trade ties with Beiteynu's partners. Istalia and Pontesi struggle behind, as Beiteynu has switched its focus elsewhere in the recent years. The recent "troubles" in Beiteynuese-Kafuri relations certainly made a dent in the bulk of Kafuri imports, but experts see the future paved with hope and no trouble.

The Shlomo Administration has promised that, if re-elected, will pursue increasing imports from Dundorf, Dankuk, Kafuristan and Selucia, as well. Analysts from the CEBAB's office in Yishelem project that Dorvish imports will continue to fall in the 54th century, as Beiteynu continues to build its own network.


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Exports

Much to the relief of the Shlomo Administration, the Central Bank of Beiteynu reports that the Beiteynuese Government's considerable efforts throughout the better part of the current century have enabled the private industry to increase its exports, with the International Trade Association playing a pivotal role in alleviating bureaucracy and enabling pathways for Beiteynuese companies to trade seamlessly with Beiteynu's network of allies and partners across Terra. Of the most impactful changes to the composition of Beiteynu's exports are the exponential rise of shipping, travel services, government services and the rising bedrock of the nation's economy: business and financial services. Lurking behind are the struggling information technology and defense sectors, which, albeit their significant boost from financial vehicles like the Equifund, have yet to produce any impactful results, quite understandably considering their high-tech nature.

The Shlomo Administration has confirmed that it will continue pursuing the expansion of these areas, either directly or indirectly via other markets (ex. Dankuk), should of course be re-elected in the December 5286 elections.


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[TRA]

Finance News
4B LOD into Dankukian agriculture, forestry and fishing
July 5286 - As Beiteynuese and Kundrati companies and banks begin their investments 14-year plan until 5300
Also published on The Terran Times and distributed internationally

Tel Bira, Beiteynu - With the recent Dankukian economic policy in effect and the Foreign Affair's visit to Beiteynu in 5284, investors have received a satisfactory level of assurances from the Provisional State of Dankuk to finally initiate the 4B LOD investment plan set in 5282 towards the Dankukian agricultural, forestry and fishing sectors, with a plan to increase Dankukian exports to Beiteynu of such products to 2.02B LOD by 5300, while also assisting Dankuk's local, regional and national level public and private companies to increase their overall net exports to other nations as well.

Beiteynu has set its sights mostly on the high quality Dankukian agricultural and timber products, renowned for their authenticity across Terra, with the former expressing a primary need of Beiteynuese consumption, considering its limited landmass of fertile soil suitable for long-term agriculture (excluding kibbutz installations). Tomasadyn National of Kundrati and Ashalon Bank BEIFG will partner up on a 14-year investment journey, with the Beiteynuese Government aiming to increase Beiteynuese exports to Dankuk of its business, financial and government services, with the International Trade Association assisting in the logistics and bureaucratic processes as part of the Accord of Trade ratified in 5274, hopefully expediting the investments and the growth of net trade between the 2 nations. Yishelem's longer-term plan for the 54th century is to also increase its shipping, travel and manufacturing services to Dankuk, simultaneously investing in these sectors in Dankuk through Beiteynuese financial institutions, hoping to eventually transform the Beiteynuese-Dankukian relations, started in 5200 with the ratification of the Accord of Diplomacy and undergone recently through the rocky democratic transition, into a solid partnership.

On the other end of the spectrum, the Kundrati government, its food industry companies and Tomasadyn National will be looking to continue their partnerships with Beiteynuese companies towards the increase of trade and investments with Dankuk, hoping to also increase their financial exports and aiming in the Dankukian food and manufacturing industry (especially naval manufacturing and shipyards, of which Kundrati commerce has recently been witnessing an economic boom via Beiteynu and thus will continue to focus its commercial interests in both Beiteynu and Dankuk).

[TRA]

International News
Deputy MOFA tours Seleya
December 5286 - With stops in Likatonia, Tukarali and Rildanor to strengthen and explore trade and commerce relations
Also published on The Terran Times and distributed internationally

- December 5286 election results are in: PM Keren Shlomo re-elected, HH to continue its joint cabinet with the BPA
- Beiteynuese Government expresses its optimism on the Artanian Union, considering it to be a great vehicle for economic growth for Kundrati and Dundorf
- Shlomo Administration releases the details of the Comprehensive Tax Reform Act of 5300, which brings a massive decrease in taxes
- Markets cautiously optimistic, with the CEBAB projections on a 2.2% growth and a 8.8% inflation rate leading the way


Bei Airlines aircraft taking off from Bei Elion airport in Yishelem, Beiteynu

Yishelem, Beiteynu - Beiteynu has maintained a minuscule commercial presence in the continent of Seleya over the course of the century, mostly due to the great cultural differences and the vast distance compared to the trade routes in Majatra and Artania. As the Shlomo Administration gets re-elected, carrying the trust of the Beiteynuese people in its decade-old efforts in expanding Beiteynu's trade network, it sets its sights onto the 54th century and looks to a more active Seleyan commerce with Likatonia, Tukarali and, perhaps, Rildanor, with the Deputy MOFA undertaking a grand diplomatic tour to explore the possibilities.

Clovisport, Likatonia - Traditionally, Beiteynuese-Likatonian relations have been in place since 5200 and 5249 with the ratification on the Accord of Trade and the Accord of Partnership, but have enjoyed a mostly "passive" stance, even during the peaks of the Intelligence Pact, which Likatonia was a leading member of and had undertaken joint military operations with Beiteynu in the Migrant's Pass and Malivia in the 40s, but with no solid and actual partnerships and investments in the mix, compared to nations like Kundrati and Trigunia - and very recently Dankuk. The Beiteynuese Government is very much interested in finally changing that, in the hopes of opening active trade routes between both nations. "What Likatonia needs", the Deputy MOFA stated from the capital of Likatonia, "is not travel, it's not leisure and it's definitely no fancy government services. Our interests circle around investing in the nation's primary sectors, such as agriculture and fishing - of which Beiteynu needs to import more of, with investments from the private sector towards the increase of these sectors's capability of production, manufacturing and of course, exporting, with the help of Beiteynuese shipping companies, which continue to increase their presence in the seas between the 3 continents", he concluded, adding, "Beiteynu can also act as a commercial harbour for the export of Likatonia's consumer and agricultural products to the western shores of Artania and Majatra, with the potential of reaching billions of LOD of net trade over the course of a few decades".

Financial institutions from Beiteynu and Kundrati alike have expressed their interest in Likatonia, as Tomasadyn National and Ashalon Bank BEIFG are currently undertaking a similar venture in the Dankukian economy, with 4B LOD expected to be invested by 5300.

Sangon, Tukarali - Tukarali-Beiteynuese relations witnessed a period of "slight reawakening" in the 70s, as the country undertook the ratifications of all 3 accords of Beiteynuese foreign and commercial policy abroad (Diplomacy, Trade, Partnership), opening up the gateways to limitless possibilities, which have not been explored thus far in a meaningful manner. Sources at the MOFA have confirmed that the Tukarali government has already expressed interest in exploring trade and commercial opportunities, to which end the Deputy MOFA visited the capital city of Tukarali to discuss in greater deal. While the Beiteynuese Government was adamant in placing Tukarali interests at the center of its trade and commercial endeavours with the Seleyan nation and has refrained from assuming what Tukarali wants to invest in and export thus far, the Deputy MOFA expressed Beiteynu's interests in increasing shipping, travel, business and financial, as well as government services to Tukarali, services which the local, regional and national markets alike can benefit from to increase their capabilities and commercial outreach. "Our financial institutions", the Deputy MOFA stated from the Sangon embassy, "can invest in various commercial and industrial sectors in Tukarali which can then work with the solidly positioned Beiteynuese shipping companies to tap into international markets for their exports. The MOIT's Department of Digital Transformation & Governance, the Tactical Bureau of Intelligence and the MOFIN's International Trade Association can also work with the Tukarali government towards offering Beiteynu's government services to provide Tukarali with the expertise and experience of our nation in increasing the efficiency and capability of the private industry of Tukarali, with all efforts returning back in full circle towards the advancement of the economy", he concluded.

In her post-election address, the Prime Minister Keren Shlomo herself stated how Beiteynu can stand to gain greatly from a Tukarali partner in Seleya that not only imports the goods of other nations like Beiteynu, but expands itself with solid foundations created from Tukarali businesses and not just foreign investors.

Tiralle, Rildanor - The Deputy MOFA is scheduled to visit Rildanor in his last stop, with sources from the Ministry stating that the schedule and agenda of the visit remains unclear. Beiteynu's relations with Rildanor have largely remained non-existent, hence the visit raising quite a lot of eyebrows, especially with Thévenet's assassination in 5283 still fresh in the memory of the international community, to which the Beiteynuese Government has refrained from positioning itself.

Rildanor currently maintains base diplomatic relations with Beiteynu since the Tzafrir Administration's efforts in 5211.

[TRA]

Finance News
Rodshyadam and Yishelem to invest further in the petroleum industry
December 5286 - After the petroleum distribution deal in 5273, comes a renewed joint venture in petroleum based production
Also published on The Terran Times and distributed internationally

- MOFA commences preparations for a Yeudi heritage initiative in the 54th century, to better connect Yeudis across Terra with the homeland
- Markets in Beiteynu and Kundrati react with excitement to the new Beiteynuese-Trigunian joint ventures in petroleum


Petroleum refinement installations in Brakav, Trigunia

Rodshyadam, Trigunia - As Beiteynuese shipping companies surpass the 6.0% mark in Trigunian's petroleum distribution network - which is now more than half of the targeted 11.2% marketshare agreed in 5273 with the Trigunian National Petroleum Company, Yishel Investment Group, Aristocrat Insurance Group and Bei-yalim Group, 3 of Beiteynu's 13 premier financial institutions and most notorious for their investments abroad have reached an agreement with the Trigunian government in investing a total of 7.8B LOD starting in 5301 and running over the course of 15 years up to 5316 into expanding Trigunia's industrial sector in Brakav on the production and manufacture of petroleum based products, including but not limited to gasoline, distillates such as diesel fuel and heating oil, jet fuel, petrochemical feedstocks, waxes, lubricating oils, and asphalt. Business executives from Aristocrat Insurance Group have also confirmed that Beiteynuese and Trigunian companies and government agencies will enter into talks over the construction of petroleum refinement installations of similar nature in the region southeast of Sholemberg in Beiteynu in the first half of the 54th century, to expand the export of Trigunia's petroleum based products in the broader region covered by Beiteynuese shipping companies and specifically to the west coastlines of the continents of Artania in Majatra, with rough estimates projecting an increase of 15B in net exports by 5350 via the combined Trigunian-Beiteynuese trade efforts.

As the distribution deal amps up its momentum, in the middle of it sits Kundrati's rising shipyard and manufacturing industry, which executives from the shipping industry in Beiteynu have assured the Kundrati government that the assembly of oil tankers will continue primarily in their shipyards, as mutually agreed upon.

The Trigunian National Petroleum Company is expected to purchase additional shares on Beiteynuese shipping companies by the end of 5287, a move that is expected to drive the Beiteynuese stock market up and simultaneously contribute further to the inflation rate and thus the wealth divide, the CEBAB reports.

Editor's note: Trigunian National Petroleum Company is also referenced as Neftkomp

[Hogak25]

Domestic News
BPA Proposes Ambitious Water Infrastructure Development Projects with Estimated Budget of 560 Million LOD
January 5287 - The proposal, which will be spearheaded by the National Water Grid Agency under the MOIT, aims to construct storage tanks and a desalination plant to enhance water availability and security in the region
Also published on The Terran Times and distributed internationally


Tel Bira in Beiteynu

Yishelem, Beiteynu - The government of Beiteynu has unveiled an ambitious proposal to address the pressing water scarcity issue in the eastern half of the country. The proposal which will begin in 5300 and spearheaded by the National Water Grid Agency under the MOIT aims to construct storage tanks and a desalination plant to enhance water availability and security in the region. The estimated budget for these projects is a staggering 560 million LOD.

The eastern half of Beiteynu, including the semi-arid Desert Bank region, has been grappling with acute water shortage, which has had severe implications for agriculture, livelihoods, and overall socio-economic development. The proposed water infrastructure projects are expected to significantly alleviate the water stress in the region and improve the water supply situation for communities and businesses.

The plan entails the construction of 250 storage tanks in various cities across the eastern half of Beiteynu. These storage tanks will serve as crucial reservoirs to collect and store rainwater during the rainy season, providing a reliable source of water during dry periods. The estimated cost for constructing these storage tanks is 200,000 LOD per tank, totaling 50 million LOD.

In addition to the storage tanks, the proposal also includes the construction of a desalination plant in Tel Bira with a capacity of 50,000 cubic meters per day. The desalination plant will utilize advanced technology to treat seawater and provide a sustainable source of fresh water for the region. The estimated cost for constructing the desalination plant is a whopping 500 million LOD.


A Reverse osmosis desalination plant.

The operation and maintenance of the storage tanks and the desalination plant are also factored into the budget. The annual cost for operation and maintenance is projected to be 10 million LOD per year, which includes regular inspections, repairs, and upkeep of the infrastructure to ensure its optimal performance.

To ensure effective implementation and monitoring of the water infrastructure projects, a budget of 1 million LOD per year will be allocated for monitoring and evaluation. This will involve regular assessment of the progress and impact of the projects, as well as addressing any potential challenges or issues that may arise during the implementation phase.

The administrative and overhead costs associated with managing the National Water Grid Agency and overseeing the projects are estimated to be 2 million LOD per year. This includes staffing, office expenses, and other administrative costs.

To account for any unforeseen expenses that may arise during the implementation of the projects, a contingency fund of 5% of the total project cost will be set aside, amounting to 28 million LOD.

The proposed budget of 560 million LOD reflects the scale and ambition of the water infrastructure development projects in Beiteynu. While the cost may be substantial, the government believes that the long-term benefits of improved water availability and security will outweigh the investment, contributing to sustainable development and prosperity in the region.

The proposal is currently under review by the relevant government agencies and stakeholders, and further consultations and assessments will be conducted to ensure the feasibility and viability of the projects. If approved, the water infrastructure development projects are expected to commence, beginning 5300, signaling a significant step towards addressing the pressing water scarcity issue in the eastern half of Beiteynu.

[TRA]

Culture News
#VisitBei - Falafels and hummus of Malfegorten
January 5287 - One of Beiteynu's most culinary and religious cities, Malfegorten brings the history of Hosianism to the forefront
Also published on The Terran Times and distributed internationally


View of the hotel district of Malfegorten (OOC: Tiberias of Israel), sitting on Tiveri Lake (OOC: Sea of Galilee)

Malfegorten, Beiteynu - Get your ticket now with Bei Airlines and United Medinat and fly in from Majatra, Artania and Keris for an unforgettable Beiteynuese experience into the culinary streets of Malfegorten, renowned for its balanced composition of Yeudish and Ahmadi cultures, where you can eat falafel and hummus (not the chocolate kind, but the original) to your heart's content with a glorious view of the Tiveri Lake, shadowed by the Karkaari mountains to the east, where Elijah bathed and taught the teachings of Hosianism for our travellers looking to "dive" into their history and discover the various Hosian churches scattered around. For the adventurous, the Yarden River (OOC: Jordan River of Israel) offers a wide variety of activities, including the famous rafting experience.


Malfegorten sits to the south of the West Bank

[TRA]

Domestic News
Final batch of defense contracts released for 5300
May 5287 - As the development, manufacture and purchase of these naval vessels marks the end of the Naval Expansion Act
Also published on The Terran Times and distributed internationally

- Medinat Department releases draft of the upcoming Beiteynuese - Kundrati Alliance Agreement, also expressing its satisfaction on the resolution of the Dorvish treaty
- PM Keren Shlomo introduces the Government Structure Act of 5300, marking a close on a century-old restructuring period since 5199
- Banking executives in Beiteynu and Kundrati express their satisfaction on the recently announced Trigunian investment in the Dankukian agriculture
- Water Infrastructure Expansion Act of 5300 on the construction of a desalination plant set to pass, with plans to initiate the project before the closing of the century
- Central Bank of Beiteynu projects that the final decade will witness the beginnings of a steady market stabilisation


Class 2 Patrol Boat by Beir Leshet

Yishelem, Beiteynu - In a joint press conference yesterday afternoon, the MOD's Tzipi Tzafrir, the Head of the Bureau of Keshef Management, the Head of the Beiteynuese Command and Admiral Nathaniel Kadir of the Yeudi Fleet in Beiteynu appointed in 5275 announced the release of the final batch of defense contracts for the Beiteynuese Naval Command. These defense contracts are part of the remaining, severely slashed over the last 4 years, budget of the Naval Expansion Act, promising to increase the tactical capability of the 4th Flotilla, with the contracts to be awarded to defense companies of the Equifund and delivered to the Beiteynuese Defense Force by the end of the century. The Admiral outlined key points of the Beiteynuese Naval Command's plans over the next decade in performing a variety of naval exercises in the Migrant's Pass, the Red Bass Ocean and around the Himmelshtern Beacon of Hope, with the purpose of introducing the newly acquired vessels of both the 3rd and 4th Flotillas - the tactical units of the Beiteynuese Naval Command - to the overall command structure of the military and strategically increasing their preparedness in their capacity and mandate of protecting Beiteynu's sovereignty and commerce at sea, especially in crucial junctions such as the Migrant's Pass between Malivia and Pontesi. The Head of the Beiteynuese Command also stated that the purchase of a significantly higher number of patrol boats than previously allocated is intended as a means of securing these goals in the shorelines of Beiteynu, with a special emphasis in patrolling Beiteynuese coasts for illegal immigrants and and the smuggling of illegal goods and contraband, as based on the intelligence provided by the Agency's operations in the broader region of Malivia, Pontesi and Barmenistan that such illicit activities have skyrocketed, exploiting Beiteynu's lenient legislation.

The defense contracts include the manufacture and purchase of 35 patrol boats for the 41st Squadron stationed in Tel Bira, the 42nd Squadron stationed in Rishon Le Hofesh in the southern coastal line of Beiteynu in the West Bank and the 134th, 135th and 136th Support Squadrons of the 13th Flotilla, which, amongst its other mandate of assisting the remaining flotillas of the Yeudi Fleet, is tasked with the protection of Beiteynu's coasts from non-military activity. All warships highlighted in these defense contracts pertain to the composition of the 4th Flotilla and include 6 corvettes, 5 frigates and 5 destroyers, with the latter rumoured to already have been awarded to Tzafrir Defense Industries for their Class 2 TDI Destroyer recently launched in 5280.

[Hogak25]

Domestic News
Constitutional Review Authority Holds First Meeting Amidst Speculation of New Constitution Agreement between HH and BPA
July 5287 - Rumors have been swirling in political circles that both the Hevrat Hashmal and BPA, two of Beiteynu's major political parties, have been in talks to draft a new constitution for the country
Also published on The Terran Times and distributed internationally

Yishelem, Beiteynu - The Constitutional Review Authority (CRA), an independent body established under the Constitutional Review Authority Act of 5285, held its first meeting yesterday, marking a significant milestone in Beiteynu's constitutional review process. The meeting took place amidst speculations of a new constitution being drafted by Hevrat Hashmal (HH) and the Beiteynu People's Alliance (BPA), two major political parties in the nation.

The CRA, composed of a panel of constitutional law experts appointed by the Head of Government (HOG), with the approval of the Knesset, Beiteynu's legislature, is tasked with reviewing proposed constitutional amendments and drafts of a new constitution to safeguard the principles of democracy, justice, and equality in Beiteynu.

The meeting, which was held behind closed doors, was chaired by the newly appointed head of the CRA, Prof. Rachel Stein, a renowned constitutional law scholar. According to sources, the meeting lasted for several hours, during which the CRA discussed the scope of its responsibilities, including the review process for proposed constitutional amendments and the possible drafting of a new constitution.

Transparency and accountability were also emphasized during the meeting, with the CRA members stressing the importance of operating independently and impartially, free from any political or partisan influence. The CRA also reiterated its commitment to maintaining records of its proceedings and decisions, which will be made publicly accessible, subject to necessary confidentiality requirements.

While no official confirmation of a new constitution being drafted has been made, sources within the CRA hinted at the possibility of a collaborative effort between Hevrat Hashmal and the BPA in shaping the future of Beiteynu's governance. "The atmosphere in the meeting was positive, and there were discussions about the need for a constitution that represents the aspirations of all Beiteynu citizens," said an anonymous source.

Rumors have been circulating in Beiteynu's political circles that Hevrat Hashmal and the BPA have been working on a joint proposal for a new constitution. Both parties have expressed their commitment to protecting the Constitution of Beiteynu and ensuring its relevance to the evolving needs of the nation.

When approached for comments, Prof. Stein declined to confirm or deny the rumors of a new constitution being drafted by Hevrat Hashmal and the BPA, stating that the CRA's role is to conduct an impartial review of any proposed amendments or drafts in compliance with democratic principles, human rights, and the interests of the people of Beiteynu.

As the CRA continues its work, Beiteynu's political landscape awaits further developments, with anticipation and curiosity about the potential changes to the nation's constitution.

[TRA]

Finance News
Central Bank expects economy to "stall" in the next decade
November 5287 - With inflation rate sitting at almost 9% and national growth rate dwindling at 2.2%, the Central Bank of Beiteynu projects that the socioeconomic imbalances created by the Beiteynuese Government's "erratic" investments over the century will put a pause to Beiteynu's overall growth
Also published on The Terran Times and distributed internationally

- Deputy MOFA visits Istalia to discuss the possibility of solidifying the Beiteynuese - Istalian partnership for the 54th century
- Severe car accident reported late last night outside Haifbourg, with 7 wounded and traffic piling up for 2.3kms
- Likatonian aircraft fails to take off in King Ishmael International Airport in Tel Bira from busted runaway section, airliner to sue the State of Beiteynu for damages
- Beiteynuese Police arrest 2 individuals implicated in illicit smuggling activities in Roytberg, investigators report of traces of a bigger operation
- Abu Gosh Orchestra scheduled to perform in Kasaema (Kundrati) later this year, tickets already selling out

Yishelem, Beiteynu - The Director of the Central Bank of Beiteynu sat together with officials from the Ministry of Finance earlier this morning to discuss the fiscal report issued by the CEBAB yesterday afternoon, which brought forth the data and analysis anticipated by the majority of the business and financial communities over the past few years, with the markers of economic "stalling" present as early as the 70s, especially evident in the real estate sector, with prices rising explosively year-over-year both in residential and commercial real estate on areas greatly impacted by frantic public and private investments. Although Beiteynu's GDP has doubled in less than a century, the serious impacts of such an "erratic" growth rate, the Director stated, are steadily being witnessed in the socioeconomic spectrum, affecting the purchasing power of Beiteynuese households, which have seen the value of their money drop every single year since the 20s. The national inflation rate has been growing steadily year-over-year, thanks to the increase of the Beiteynuese market domestically and abroad but little has been done to balance the momentum with the appropriate counter-measures, particularly pertaining to a steady growth rate, and thus the GDP per capita. "More money entered Beiteynu", the Director commented, "but that money has been losing its value as more money kept entering Beiteynu". Despite Beiteynuese trade seeing a radical shift towards its export capability in the last 2 decades, a frenzy of public and private investments that lacked a macroeconomic policy have contributed heavily to the Beiteynuese economy reaching a point of saturation as it prepares itself to close a century of overall restructure and realignment.

The Central Bank of Beiteynu has been working closely with the Bureau of Keshef Management and the Prime Minister's financial advisors over the course of the last year to help the Beiteynuese Government facilitate a better macroeconomic strategy for its growth and investment plans for the 54th century. Of the 2 major pillars identified are the recently passed Government Structure Act of 5300, with its purpose being that of providing a sort of "closure" for this century's administrative reforms initially enacted by Baruch Lea Tzafrir in 5200, further shrinking the size of the government and the upcoming Comprehensive Tax Reform of the same year, both meeting up in full circle towards solidifying Beiteynu's economic synthesis as a market primarily composed of an international private sector. Other key areas on the government's economic strategy for the 54th century are its more trade-centric efforts - with the upcoming alliance and trade agreements with Kundrati, Trigunia, Istalia, Likatonia and possibly Dankuk reflecting on the government's focus - on increasing Beiteynuese exports as well as targeted public and private investments both domestically and abroad - such as the much anticipated modernisation and expansion of the King Ishmael in Tel Bira and Bei Elion in Yishelem international airports - with the goal of increasing Beiteynuese exports both on raising the output, capability, efficiency and reach of its existing industries as well as investing into new ones to the extend that the Beiteynuese market can currently support (such as petroleum refinement with Trigunia).

A final section of the strategy currently discussed are welfare and local government development programs (residential, commercial and industrial), to assist in balancing out the national inflation rate by investing in areas that directly impact the purchasing power of Beiteynuese households. As the left-lenient BPA continues to amass more votes on each election cycle, it remains to be seen whether, and how, an HH led administration will carry the mantle onwards.

[Hogak25]

Breaking News
Beiteynu Dismisses Airline's Claim for Damages, Amid Skepticism Over Investigation
December 5287 - This comes in the wake of a previous incident few decades ago involving an Istalian airliner that lost its wheel while taxiing, further raising concerns about the country's aviation safety and maintenance practices
Also published on The Terran Times and distributed internationally

Yishelem, Beiteynu - In a recent development, the Ministry of Justice has dismissed the claim for damages by the Likatonian airline, following the failed takeoff incident at King Ishmael International Airport in Tel Bira last month. However, skepticism has arisen over the investigation conducted by the Air Accident Investigation and Aviation Safety Board.

The MOJ, released a statement stating that the busted runway section was a result of unforeseen and unforeseeable natural causes, specifically a sinkhole that formed underneath the runway. The statement further mentioned that Beiteynu, as a sovereign state, cannot accept liability for damages resulting from natural causes that were beyond its control.

This dismissal of the claim by the airline has been met with criticism, with many expressing skepticism over the investigation. Critics have pointed out that the MOJ, may not be impartial in its assessment of the incident, particularly considering the BPA's vested interest in protecting the reputation of the state.

The MOIT which is responsible for overseeing the operations of airports in Beiteynu has also come under scrutiny for its role in the previous incident involving the Istalian airliner that lost its wheel while taxiing. Critics have questioned the safety standards and maintenance practices of Beiteynu's airports, citing the past incident as evidence of potential lapses in safety protocols.

"The MOJ's dismissal of the airline's claim without proper investigation raises serious concerns about the transparency and impartiality of the process," said an aviation safety expert. "The past incident with the Istalian airliner losing a wheel is a clear indication that there may be underlying issues with the maintenance and safety practices at Beiteynu's airports. It is imperative that a thorough and independent investigation be conducted to ensure the safety of all airline operations in the country."

The Likatonian airline, on the other hand, remains resolute in its claim for damages and has expressed disappointment with the dismissal by the MOJ. As the controversy continues to unfold, concerns over aviation safety and impartiality in the investigation persist.