Beiteynu

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Re: Beiteynu

Postby TRA » Mon May 29, 2023 9:41 pm

References: Dankuk, Kundrati
Olami Keshef Weekly
February 5309 - Financial news from around the world
Also published on The Terran Times and distributed internationally


- Port expansions reaching halfway mark, officials project construction delays and problems in the West Bank
- Equifund companies closing in on a "melting" point in production due to increased demand, executives explore extending partnerships with Kundrati
- Central Bank of Beiteynu reports inflation rate has entered a state of decline for the first time in 23 years
- Chocolate hummus factory opens up in Ir Melechim, public opinion ambivalent on whether its good or bad


Energy executives meet with Dankukian government
The government of Dankuk has expressed an inclination to explore investing into its nuclear energy grid, naturally attracting the interest of Beiteynuese and Kundrati energy providers alike, amidst concerns in the business community on the Dankukian political arena

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Tel Bira, Beiteynu - Aristocrat Energetical and its parent holding company Aristocrat Insurance Group, the 3000-year-old company from Kalopia founded by Theodore Aristocrat (originally) in Kafuristan, has become Beiteynu's monopoly on nuclear energy in recent years, after securing a 230B LOD 100 year contract in 5294 and with the newest evidence of the country's exit from its recession and its stable government status, the company has reached unprecedented credit lines from 3 major financial institutions - Ashalon Bank BEIFG, Tomasadyn National and Yishel Investment Group, enabling it to explore investments in nuclear energy sectors abroad, especially with the country's other 2 premier energy companies out of the way (Hofesh Electrical Industries and Hevrat Corporation), which confirmed an exit from the AE dominated market after deciding to invest in clean energy in Likatonia. The company has confirmed that Beiteynuese and Kundrati executives have been meeting with officials from the Dankukian government to explore the possibility of enacting subsidised investments into the country's nuclear energy grid, as Dankuk prepares to set forward a transformation initiative of sorts for its energy sources and infrastructure.

Considering Beiteynu's reliance on Kundrati as its major supplier of uranium and other raw material for its reactors, Tomasadyn National and SMCWK of Kundrati are expected to join in on the discussions led by Aristocrat Energetical as part of a 360 package and end-to-end deal on nuclear energy in Dankuk. AE is also expected to pursue ownership of the Dankukian grid of some form in the hopes of unlocking further expansion plans in later decades. The company also confirmed that it will be bringing executives and researches from Black Beisa to the table, considering AE's strategic partnership on engineering programs with the Beiteynuese leader in research and development, which will also be joined by 2 professors from the Keriyot Institute of Technology.

The negotiations and discussions are expected to last a few years, considering the project's massive complexity and cost, with no assurances at this point on whether the initiative will move forward, with energy executives however remaining hopeful. This recent development has provided an additional testament to the increased commercial relations between Beiteynu and Dankuk, further adding to the ongoing 20.7B LOD investments already pursued by major Beiteynuese and Kundrati institutions since 5300 in bringing net trade closer to the 40B LOD per year quotas marked by the partnership agreement, with Beiteynuese financial service companies expected to become increasingly more active in the Dankukian market, despite the Medinat Department's concerns on the regime's position towards foreign investors and especially of the seemingly "greedy" mentality of the Beiteynuese private sector.
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Re: Beiteynu

Postby TRA » Wed May 31, 2023 6:16 am

References: Kundrati
Olami Keshef Weekly
November 5309 - Financial news from around the world
Also published on The Terran Times and distributed internationally


- Neftkomp meets with officials from the MOST to review petroleum refinement expansion plans in southeast Sholemberg
- Signs of internal turmoil in the Trigunian political arena may impact economy, the Medinat Department states
- Hadayim executive caught with a hand in the cookie jar, SEC to investigate fraud allegations by the shipping giant


Industrial fishing installation opens up in the Kimshkitot Islands
Ashalon Bank BEIFG and Tomasadyn National of Kundrati, the traditional buddies of the food industry, have bankrolled Extea Elikagaien Konglomeratu Nazionala into expanding the ocean farms and fishing processing operations of Yeulam Inc. in the Kimshkitot Islands

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Neya Amurzet, Beiteynu - Traditionally, the Beiteynuese fishing sector in the Kimshkitot Islands in the West Bank, just to the west of Neya Amurzet, has largely remained localised in production and very recently has been severely hurt by the 13 year recession, leading to the closures of multiple local businesses and the halting of production lines, which have served the markets of Beiteynu and Pontesi with fresh and frozen products from the Red Bass Ocean. The impact of the recession and the largely absent HH domestic policies of the 53rd century have massacred the local economy, which saw its composition awkwardly transition to the tourism sector due to, again, a severe lack of domestic initiatives and policies, save but a few attempts by the Beiteynuese People's Alliance in the last few years. With Kafuri interest in Beiteynuese resorts and casinos in the area spiking recently and the government's recent initiative of modernising and expanding harbours across the country, the 2 premier financial institutions saw an opportunity to revive the local fishing economy, hedging their bets on a recession survivor and Extea Elikagaien Konglomeratu Nazionala, which has become a behemoth in the food industry since 5271.

Yeulam Inc., that recession survivor the banks have shook hands with, has been struggling to maintain its fishing operations for the better part of the current decade, leading to many financial experts worrying about the state of the local Beiteynuese economy in the coastal areas of the West Bank. The food company from Kundrati will share its expertise and lead both the efforts and the network into reviving Yeulam Inc.'s operations, with banking executives forecasting that a potential acquisition of the company might take place in the next few years, a move that will solidify Kundrati dominance in the agricultural and fishing sectors of Beiteynu upwards of a 40% total marketshare. Extea Elikagaien Konglomeratu Nazionala executives have neither confirmed nor denied these rumours.
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Re: Beiteynu

Postby TRA » Wed May 31, 2023 7:20 am

References: Kafuristan
Haganah Hadashot
November 5309 - Defense and military news from around the world
Also published on The Terran Times and distributed internationally


Equifund executives meet up with TMHC to discuss the consortium
With TMHC (Terran Majatran Helicopter Company) having stepped up its capabilities, production and deals in recent decades, executives from the Equifund have naturally been interested in reaching out to Beiteynu's strong diplomatic and trade partner in southeast Majatra

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Himmelshtern, Beiteynu - Earlier this month and in preparation of next year's Olami Kleneshet Expo, the annual Beiteynuese military conference in Himmelshtern, executives from various companies of the Equifund met up with TMHC leadership to explore the latter's entry into the consortium of public and private military companies led by the Beiteynuese defense sector, counting thus far the active participation of KDC from Kundrati and AUDISS of Istalia. As rumours circulate in the financial world of a potential joint partnership between Biraero and AUDISS on the research, development and production of military aviation products, the company joined executives from Tikkun Haganah and Beimar Industries, 2 of the Equifund's premier manufacturers of military vehicles specialising in equipment that has been deemed "favourable" for the geographical characteristics of the continent of Majatra, in meeting up with TMHC leadership.

"Granted, the Equifund being no longer an investment fund and having absolutely nothing to do with the Beiteynuese Government", a Tikkun Haganah executive stated, "may offer no solid ground for the Kafuri defense company to work with the consortium. However, that may end up as a positive thing for any discussions after all. This is an independent consortium now, which may present a lucrative opportunity for TMHC, considering how the Equifund's aim is to compete in a largely Artanian dominated international market via partnerships and joint efforts in research, development and co-production". A Biraero executive, Beiteynu's major aviation company, also stated "TMHC joining us will strengthen the aeronautics wing and allow the company to tap into an extended network of demand and supply, allowing the consortium to create even more demand for every company in it". Equifund executives cited how multiple international treaties pursued by the Beiteynuese Government in recent years have stipulated the issuance of a minimum of 50% of defense contracts to entities of the Equifund from Beiteynu itself, Istalia, Kundrati, Trigunia and even Dankuk, offering a solid platform for TMHC to expand its operations and profit from the network, even referencing the upcoming defense contracts of the Beiteynuese Command on the purchase of a series of helicopters for the Beiteynuese Defense Force.

All 3 expressed their openness in exploring the co-production of their equipment with Kafuri defense companies, but confirmed that the initial discussions would only circulate around TMHC's entry into the consortium, which would "strengthen the Equifund itself and allow TMHC to benefit from its platform".
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Re: Beiteynu

Postby TRA » Sat Jun 03, 2023 7:13 am

Keshef Hadashot
May 5311 - Also published on The Terran Times and distributed internationally
References: Trigunia, Kundrati, Dankuk (Likatonia, Istalia, +5 more)


- Medinat Department initiates mediation efforts in resolving the situation in Trigunia
- Rosh HaMemshala Ariel Navron Hashim and Ramatkal Rebecca Horowitz to consult with Lourennais government in Eroncourt
- United Medinat and Bei Airlines reroute air traffic to Dovani via Seleya and Likatonia


The ripple effect of the Trigunian crisis
Beiteynu's exit from a 13 year recession is now marked by the December 5310 coup which overthrew the Miloradov Administration, spiralling markets into a panic mode for the entirety of Q1 5311, with financial analysts projecting a bleak turnover up to 5312

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Tel Bira, Beiteynu - Markets have reported a severe economic downturn for Q1, with Beiteynuese shipping, financial and travel sectors taking a hit from the recent Trigunian crisis and investor confidence hitting an all time low similar to the stagnating level reported by the Central Bank of Beiteynu in 5287. As the Medinat Department scrambles to address the situation with Beiteynu's close ally now turned into a transitional military state that's rocked from internal turmoil, Beiteynuese markets and investments around the world subside. The 11.2B LOD in annual net trade between Beiteynu and Trigunia reported by the Olami Trade Association in 5286, which had climbed to 18B LOD by 5300, is now in peril, with the forecasts of the 40B LOD mark for 5350 driven largely by the safety and solidity of the Beiteynuese - Trigunian Alliance Agreement now crumbling in the face of uncertainty and panic, as regional suppliers and manufacturers on both ends hit the brakes. The Beiker Agreement, a framework for Beiteynuese-Keris diplomatic and trade relations that was seen as the hallmark of securing Beiteynuese presence in Keris, openly supported by Trigunia in 5309 and also ratified by New Endralon & Kizenia the next year is now in jeopardy, despite the Head of the Medinat Department's continuous attempts to spark investor confidence over the last 3 months, much to no avail.

The biggest hit comes to the shipping industry, which had aggressively pursued its involvement in Trigunia's maritime petroleum distribution network in 5273, which now marks a 9.7% marketshare. Hadayim's halting of trade routes in the continent of Keris is a testament to the severe impact of the Trigunian crisis in Beiteynuese trade and its partners, instigated by a shipping sector that's heavily involved in both direct and indirect trade between Majatra, Artania, Seleya, Dovani and Keris. In the same manner, Yishel Investment Group and Beishalom Group have paused their ongoing 5301 investments into the petroleum refinement operations in Brakav with Neftkomp, with the latter also reporting that the 5290 agreement on expanding petroleum refinement in Sholemberg has also been postponed, plummeting the manufacturing and energy industries in Beiteynu, especially with worries on a pending petroleum crisis, which, despite Beiteynu's primary reliance on Majatra for its supply, has been amplified in risk thanks to the increased ties with Trigunia in recent decades. Aristocrat Energetical has also reported that the recent negotiations with the Dankukian government on nuclear energy have also been postponed, creating an additional ripple effect in the short and middle term prospects of the private sector, that can be felt even across the 5297 investments in clean energy in Likatonia.

An indirect hit comes to the food industry and Kundrati markets - Beiteynu's closest and by far most tied trade partner, followed by Istalia, as Beiteynuese financial institutions working with Kundrati are impacted by the Trigunian crisis. Investments and expansion efforts in Kundrati, Beiteynu and Likatonia have been halted, with a direct hit received in the recent fishing investments, as well as the ongoing large-scale residential, commercial and industrial investments in Dankuk, with the Beiteynuese Ministry of Infrastructure and Transport also reporting that the ongoing construction projects on Beiteynuese ports and airports are projected to suffer from increased delays, as the market continues to shrink while attempting to control its panic. With Kundrati's proximity to the continent of Keris and its close ties with Beiteynu since 5295, the ripple effect on the financial, shipping and travel sectors is expected to impact Kundrati's growth, as well.
Last edited by TRA on Sat Jun 03, 2023 5:26 pm, edited 1 time in total.
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Re: Beiteynu

Postby TRA » Sat Jun 03, 2023 8:18 am

Olami Hadashot
May 5311 - Also published on The Terran Times and distributed internationally
References: Lourenne


Rosh HaMemshala and Ramatkal take off for Eroncourt
Amidst the looming financial crisis, Prime Minister Ariel Navron Hashim and Chief of Staff Rebecca Horowitz are scheduled to attend the royal wedding in Eroncourt, in honour of the renewed relations with Lourenne and hoping to consult with the Lourennais government on the Trigunian situation

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Yishelem, Beiteynu - Prime Minister Ariel Navron Hashim and Chief of Staff Rebecca Horowitz have left Bei Elion International Airport under protest by Beiteynuese citizens accusing the government of lavishing in extravagance - with political groups using the ridiculously expensive Wings of Ishmael aircraft as a marker of how the Hashim Administration has become blind to the needs of the lower and middle classes - amidst a looming financial crisis sparked by the recent coup in Trigunia. After receiving a direct and honorary invite to the royal event in Eroncourt, the delegation hopes to honour the recently renewed Beiteynuese-Lourennais relations. Sources at the Office of the Rosh HaMemshala have speculated that the delegation will briefly extend its stay in Eroncourt to join in on discussions with Haute Chancelier Mirabelle de Marigny in regards to the ongoing efforts in Seleya by both sides, as well as hoping to consult on the situation in Trigunia.
Last edited by TRA on Sat Jun 03, 2023 5:28 pm, edited 1 time in total.
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Re: Beiteynu

Postby TRA » Sat Jun 03, 2023 3:02 pm

Keshef Hadashot
July 5311 - Also published on The Terran Times and distributed internationally
References: Kundrati, Trigunia


- Central Bank of Beiteynu calls for an emergency meeting with the MOFIN, as prices show first signs of skyrocketing

Sholemberg Sealines files for bankruptcy
The shipping company that decided to heavily dive into petroleum distribution since 5273 has filed for bankruptcy after Neftkomp's announcement of halting production, further deteriorating the position of the Trigunian oil giant, which has invested into the Beiteynuese shipping industry itself

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Sholemberg, Beiteynu - Officials from the Olami Trade Association scramble to meet with the Ministry of Finance and the Medinat Department to increase the pressure in mediating the situation in Trigunia, after Sholemberg Sealines, one of Beiteynu's larger shipping companies filed for bankruptcy this morning. The expedited nature in the abrupt change of the company's future is attributed to its decision to focus primarily on petroleum distribution with Neftkomp since 5273. With a halted production, dire prospects for the middle-term and the company's accumulated debt from its expansion plans, company leadership had no choice but to terminate operations and protect stakeholder assets. Ashalon Bank BEIFG and Tomasadyn National, the company's financial backers, have officially rang the bell on the looming financial crisis. With Neftkomp's ownership of shares in the Beiteynuese shipping sector, financial experts warn of an impending "deadly feedback loop" which will melt Trigunian and Trigunian related maritime logistics and operations, with net trade quickly evaporating, urging the Ministry of Foreign Affairs to act swiftly and immediately towards either remediating the crisis or abandoning the sinking ship of Keris.

The company has began shutting down its offices in Kundrati, a premier location of operations for the Beiteynuese shipping sector. Hadayim and Birco have also expedited their crisis management efforts in the northern sea routes to and from Trigunia.
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Re: Beiteynu

Postby TRA » Sun Jun 04, 2023 7:52 am

Olami Hadashot
November 5311 - Also published on The Terran Times and distributed internationally
References: Trigunia, Lourenne


Medinat Department requests assurances as economy grinds to a halt
With the economic momentum gained after Beiteynu's exit from the recession almost gone, the Office of Keris Affairs of the Medinat Department has been working around the clock to turn the tide in favour of stability in the recently disrupted Beiteynuese-Trigunian trade routes

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Yishelem, Beiteynu - The Beiteynuese economy has been increasingly reliant on trade, focusing its exports on shipping, travel and financial - with a recent small uptick in information technology and advertising - services, the 3 primary sectors that have been fuelling domestic growth in all other industries. The financial sector, especially, has played a pivotal role in opening up commercial pathways to foreign markets by directly undertaking investment initiatives and thus increasing investor confidence from other sectors, built on a platform of bilateral relations pursued by the Medinat Department, from Pontesi, Selucia, Istalia, Kundrati, Dundorf, Likatonia, Tukarali and all the way to Dankuk across the world. The Beiker Agreement - a diplomatic and trade framework for Beiteynuese-Keris relations - even accounts for special provisos suggested by the previous Trigunian government that would ensure and enable such investments throughout Keris, as Trigunia continued to pursue regional influence, and affluence, in the continent by also leveraging its alliance with Beiteynu. In a similar manner, the Hashim Administration has been pursuing an alliance with Lourenne and the Beisel Agreement for Seleya, hoping to solve the persistent factor of instability that has so far barred Beiteynu's private sector from expanding in the markets of Seleya. Beiteynu's newfound foreign policy of aligning with other regional powers has officially marked the end of the aggressive "Tzafrir Policy" of the past, but has increased the country's exposure to geopolitical events, with the Trigunian crisis offering a crystal clear testament to that end, forcing the Ministry of Foreign Affairs to think "wider" in its trade network and "narrower" at the same time, with the latter referring to Beiteynu's seeming "neglect" of its own backyard - Majatra - especially after failing to realign and refocus the MEA and MSO in 5301.

The Trigunian crisis has put the brakes in the financial sector, resulting into a wider stagnation, creating a ripple effect in every industry. Although the sector remains healthy considering its broad network outside of Keris, the recent fall of Sholemberg Sealines - one of Beiteynu's larger shipping companies - has significantly shrank the leeway of Beiteynuese and Kundrati banks. The postponement of petroleum investments with Neftkomp has also crippled the credit line of the country's 2 other premier energy companies, with many analysts considering Neftkomp's decision to shut down operations as a "trade fiasco" in bilateral relations - especially as prices continue to skyrocket violently, deeply hurting investor confidence on Beiteynu's end, who are now looking into Kafuristan, Badara and Istalia for alternative partnerships. Financial and shipping executives alike have been aggressively lobbying the Hashim Administration and the Ministry of Foreign Affairs to stabilise the situation with Beiteynu's close ally in the fastest manner possible, while also demanding that the Medinat Department finds a solution to long-term assurances for trade to continue unhindered, or, detach from Keris and either throw the key in the ocean or limit relations.

"The State of Beiteynu will continue to honour its alliance and close partnership with Trigunia", Noah Kadiyot, the Head of the Medinat Department, stated earlier this morning, "as long as our ally continues to support such an agreement actively and directly, even on affairs relating to the wider continent of Keris. However, our trade relations, the bedrock of the Beiteynuese-Trigunian Alliance Agreement, have been deeply damaged by the recent turmoils. The threat of continued instability and especially the doubts arising from the Trigunian political arena on whether a future Trigunian government would either stand biased against Beiteynu and the Yeudi community or even worse, actively pursue disrupting the relations, will continue to pose a threat to trade and commerce, which will continue to drift away from Keris, unless the Trigunian government works with us in repairing the relations and creating long-term assurances".

When asked whether the Beiteynuese Government would be condemning the Trigunian coup, the Head of the Medinat Department declined to comment, citing that the matter is subject to active and classified operations in both the intelligence and diplomatic communities of both nations.
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Re: Beiteynu

Postby TRA » Mon Jun 05, 2023 6:17 am

International News
May 5312 - Also published on The Terran Times and distributed internationally
References: Kafuristan, Badara, Trigunia


- MOIT confirms 4 year delay for the completion of airport and port expansion projects, as markets begin to calm down
- Prices begin to stabilise, after the Medinat Department receives assurances from the Trigunian government
- Kundrati in talks with Beiteynuese energy executives on nuclear energy and uranium enrichment operations with Dorvik
- Medinat Department confirms alliance agreement with Lourenne underway, to include framework for relations in Seleya


Expanding petroleum relations in Majatra
After the collapse of Sholemberg Sealines and with shipping and financial executives alike taking a step back from Trigunia, Neftkomp and the continent of Keris, the Medinat Department has began exploring partnerships with Badara and Kafuristan

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Yishelem, Beiteynu - The Trigunian crisis's fluidity and impact on the shipping industry - and the ripple effect created considering the industry being a significant driver for domestic growth - has offered up a "wake up call" for the Medinat Department to pursue relations in its own backyard: Majatra. Despite the assurances provided by the Trigunian government, the private sector has expressed in its majority that it will continue treading on the side of caution, with the Olami Trade Association projecting that the previously forecasted increase in net trade between Beiteynu and the continent of Keris will either remain unchanged or decline during the decade, especially considering the now confirmed absence of investor confidence by both the financial and shipping industries active in Trigunia and the halting of a plethora of medium and major investment initiatives, including the 5286/5301 Brakav agreement, which remains paused for a 2nd year.

"Kafuristan has been Beiteynu's partner since the dawn of the last century", the Head of the Medinat Department commented when asked about the status of the 5290 partnership with Neftkomp on investing and expanding petroleum refinement operations southeast of Sholemberg in 5310 (now 2 years behind schedule and unclear whether it will happen), "and with the 5285 landmark diplomatic and trade agreement and the stable relations enforced by both sides throughout the decades even during difficult times, Beiteynu looks to its long-term partner once again". With Kafuri interest in Beiteynuese resorts and casinos having risen significantly since the travel sector launched the #VisitBei campaign and tripled its routes between the 2 tips of Majatra, Neftkomp's lack of clarity and stability and the hesitation of the financial and energy sectors in Beiteynu in continuing to sink their teeth into Trigunian partnerships, the Beiteynuese Government remains hopeful that Kafuristan, and perhaps Badara, will be interested in establishing and expanding their petroleum refinement operations in Beiteynu.

"Our country has created a track record of stability for more than 100 years", he finally stated, "proving Beiteynu as the go-to place in northwestern Majatra for industries to invest in and expand in the western coasts of both our continent and Artania. Perhaps Kafuri and Badaran oil executives will seek to capitalise on the timing and leverage our country's strong shipping sector to expand their petroleum refinement operations". Although it remains unclear how and to which extend the shipping sector's almost 6% marketshare in Neftkomp's maritime petroleum distribution network will unfold - considering the recent collapse of Sholemberg Sealines - the Beiteynuese financial, shipping and energy sectors offer a ripe opportunity for Badaran and Kafuri petroleum products and services to expand westward, an opportunity that the Beiteynuese Government will seek to pursue, in the aftermath of the Trigunian crisis.

The Medinat Department has confirmed that it has forwarded a draft diplomatic and trade agreement to the government of Badara, which will "hopefully extend the relations enacted in 5301 and pave the way in increasing trade between Badara and Beiteynu", Noah Kadiyot, the Head of the Medinat Department stated. The agreement focuses on enabling joint commercial partnerships in the sectors that are of the highest interest for each side.
Last edited by TRA on Mon Jun 05, 2023 1:02 pm, edited 1 time in total.
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Re: Beiteynu

Postby Hogak25 » Mon Jun 05, 2023 10:37 am

Breaking News
Beiteynuese People's Alliance fails to secure any seats in recent election
June 5312 - The center-left BPA party suffered from "organizational challenges" and failed to secure any seats in the Knesset, allowing Hevrat Hashmal to claim all 75 seats effortlessly. Nonetheless, Hevrat Hashmal has assured the public that their coalition partnership with the BPA in the cabinet remains unchanged.
Also published on The Terran Times and distributed internationally


Yishelem, Beiteynu - The general elections in June 5312 have yielded astonishing outcomes, leaving the BPA in a state of disbelief. Despite holding 70 seats in the previous 155-member Knesset, the party has now been reduced to an extra-parliamentary political entity, failing to secure any representation in the latest election. Hevrat Hashmal, on the other hand, has emerged as the dominant force, claiming all the seats in the Knesset. The BPA finds itself in a disheartening position, grappling with a series of significant "organizational challenges," as quoted by the party's spokesperson.

The party is currently led by Rebecca Horowitz who also serves as Ramatkal (Chief of Staff) in the Hashim Administration succeeding then Prime Minister Isaac Levy when he resigned as leader of the party. The party currently has no deputy leader since the departure of Miriam Cohen due to health reasons. Nevertheless, this absence coupled with a succession of "undisclosed" internal crises, has resulted in a loss of direction and a decline in the party's overall organizational strength. Despite the setback, the BPA's existing coalition partnership with Hevrat Hashmal remains intact with the ruling party pledging to uphold the existing cabinet coalition, thanks to a constitutional amendment that permits unelected officials to partake in the cabinet. This provision allows the BPA to maintain its involvement in the government.
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Re: Beiteynu

Postby TRA » Mon Jun 05, 2023 12:53 pm

Finance News
June 5312 - Also published on The Terran Times and distributed internationally
References: Istalia


- BPA and HH leadership rally together on joint government platform after dubbing election results as "weird"

Biraero delays launch of the Lavi multipurpose fighter jet
With the financial sector frozen on investments from the recent Trigunian crisis, the company formerly known as Tel Bira Aerospace Corporation and most known for its partnership with AUDISS of Istalia on the IBAE-400, has announced delays in its research and development pipelines

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Himmelshtern, Beiteynu - From the company's corporate headquarters in the country's defense and technology city this morning came a quite expected announcement already hinted in this year's Olami Kleneshek Expo, on the launch delay of the innovative Lavi multipurpose fighter jet that has undergone thorough research and development with Black Beisa in the Desert Bank since 5252, including various research grants with the Keriyot Institute of Technology. The Lavi Program has been extensively bankrolled by Yishel Investment Group, Sholemberg Banking Institution, Lirnakican Technological Investment Bank (as Tomasadyn National before the split) and Black Beisa itself, expressed as a unique attempt by the Beiteynuese defense sector in creating a small, highly manoeuvrable and aerodynamic multipurpose fighter jet ideal for Majatran and south Seleyan weather conditions, capable of undertaking fast counter air and ground missions. The company explained difficulties in initiating the necessary investments both for the production readiness of the necessary military grade software by Equifund suppliers, as well as securing the contracts designated for testing in Himmelshtern and en masse production in the Desert Bank. The news of the launch delay comes in a series of similar announcements by the defense sector citing the sector-wide freeze on investments by the financial sector, which has thus played a pivotal role in the industry's expansion. Executives promised a launch would take place by 5325.

Biraero has risen to the forefront of the aeronautics wing of the Equifund - following AUDISS in the lead - after working with the Istalian defense conglomerate on the co-production of the IBAE-400 in 5236. The company has since then launched the G commercial aircraft series and has made several attempts at unmanned aerial vehicles (UAVs) with several suppliers and manufacturers of the Equifund. Biraero's executives have outlined several plans throughout the years, remaining hopeful that the technology, defense and thus aviation industries will continue to extend their reach and expertise throughout the 54th century.

Sources from the MOD have hinted that the company will pursue joint research and development programs for 2 additional aircrafts, including the development of 3 series of missile systems, alongside partnerships on further testing for UAV related programs for the Beiteynuese Airforce.
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