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In this article UAL Follow your favorite stocks CREATE FREE ACCOUNTHong Kong-Taipei is the busiest international flight route, according to a report released Tuesday by aviation intelligence company OAG. Seven of the 10 busiest international routes in the world are in Asia-Pacific, though seat capacity on many of those routes still haven't recovered to 2019 levels. Busiest domestic routesDomestic flight routes are far busier than international ones, in terms of the volume of scheduled seats. The busiest route in the world is in South Korea, linking Seoul to the island of Jeju. Busiest domestic routes by regionThe busiest route in Africa links South Africa's Cape Town to Johannesburg (5 million seats) and in Europe, Spain's Barcelona to the island of Mallorca (2.9 million seats).
Persons: Hong, , John Grant, OAG, Grant Organizations: Air Japan, Shanghai —, Spain's Locations: Hong Kong, Taipei, Asia, Cairo, Jeddah, Seoul Incheon, Tokyo, Japan, Haneda, Narita, Kuala Lumpur, Singapore, Bangkok, New York, JFK, London, Heathrow, North America, Europe, America, Orlando , Florida, San Juan , Puerto Rico, South Korea, Seoul, Jeju, Hokkaido, Fukuoka, Tokyo Haneda, Beijing, Shanghai, Guangzhou, Saudi Arabia, Riyadh, Africa, South, Town, Johannesburg, Spain's Barcelona, Mallorca
[1/8] Japan's Prime Minister Fumio Kishida and U.S. Secretary of State Antony Blinken shake hands at the prime minister's official residence Tuesday, Nov. 7, 2023, in Tokyo, Japan. "Our commitment to continue strict sanctions against Russia and strong support for Ukraine has not wavered at all, even as the situation in the Middle East intensifies," Japan's foreign minister Yoko Kamikawa told a press conference. The G7 is due to hold an online meeting with Ukraine's Foreign Minister Dmytro Kuleba on Wednesday. Since the war erupted, the G7 has issued just one joint statement on the conflict, amounting to a few sentences. G7 foreign ministers are preparing "some sort of statement" to be issued following the Tokyo talks, Kamikawa said declining to comment on its contents.
Persons: Fumio Kishida, Antony Blinken, Eugene Hoshiko, Yoko Kamikawa, Kamikawa, Dmytro Kuleba, Volodymyr Zelenskiy, Minoru Kihara, Blinken, Sakura Murakami, Tim Kelly, John Geddie, Tom Hogue, Raju Gopalakrishnan Organizations: Japan's, REUTERS Acquire, Rights, Ukraine, Kyiv, The, European Union, Russia, Ukraine's Foreign, Mitsui & Co, Health, Japanese, British, United Nations, Thomson Locations: Tokyo, Japan, Russia, Britain, Canada, France, Germany, Italy, United States, Ukraine, Israel, Gaza, U.S, Moscow, Hiroshima, May, ISRAEL, GAZA, Iran
[1/2] FILE PHOTO: People hold a rally to protest against Israel's attack on Gaza near the Israeli embassy in Tokyo, Japan October 16, 2023. From the beginning of the conflict, Japan has sought a "balanced" response, in part due to its diverse diplomatic interests in the region and its dependency on the Middle East for oil. A spokesperson for Japan's foreign ministry said it was expected that countries have different positions, but denied that G7 members were struggling to find common ground. A statement issued by G7 trade ministers from a meeting in Osaka late last month did not mention the war. Other group members have issued joint statements.
Persons: Issei Kato, Thomas Gomart, Koichiro Tanaka, Hideaki Shinoda, Israel, Benjamin Netanyahu, It's, Kunihiko Miyake, Tim Kelly, Yoshifumi, John Irish, Andrew Gray, Andreas Rinke, David Brunstromm, Steve Scherer, Miral Organizations: REUTERS, Japan, European Union, French Institute of International Relations, Israel, Health, Hamas, Tokyo's Keio University, United Nations, Tokyo University of Foreign Studies, Canon Institute for Global Studies, Washington D.C, Thomson Locations: Gaza, Tokyo, Japan, TOKYO, Britain, Canada, France, Germany, Italy, United, Israel, United States, Osaka, Russia, Ukraine, China, Iran, Paris, Brussels, Berlin, Washington, Ottawa
By Katya GolubkovaNEW DELHI (Reuters) - Russia will return to the Black Sea grain deal 'the same day' as Moscow's conditions for export of its own grain and fertilisers to the global markets are met, Foreign Minister Sergei Lavrov told reporters on Sunday. Supplies were obstructed after Russia invaded Ukraine last year in what Moscow calls a 'special military operation'. The United Nations, Turkey and this year's G7 chair Japan are trying to facilitate the resumption of grain supplies. Ukraine opposes the idea of easing sanctions on Russia in order to revive a grain deal. Turkish President Tayyip Erdogan said on Sunday he was not 'hopeless' about reviving the deal, and Russia, Ukraine and Turkey would continue to discuss it.
Persons: Katya Golubkova, Sergei Lavrov, Russia, Lavrov, Tayyip Erdogan, SWIFT, General Antonio, Guterres, Christina Fincher Organizations: United, The United, Reuters, UN, Russian Agricultural Bank, SWIFT Locations: DELHI, Russia, United Nations, Turkey, New Delhi, Ukraine, Moscow, The United Nations, Japan, Turkish, Luxembourg
Air travel is slowly recovering in Japan post pandemic with inbound passenger traffic coming back stronger while outbound leisure demand is "still weak", he added. While the fear of getting infected is still putting off some passengers from travelling overseas, a weaker yen versus the dollar is making it costlier for Japanese travellers and hurting outbound demand, Inoue said. While limited flights between the U.S. and China are resulting in some additional inbound demand for ANA as passengers travel through Tokyo, inflationary trends in the U.S. are expected to further crimp outbound travel, he said. ANA said last year it plans to launch a new international low-cost carrier in late 2023 or early 2024, focused on the Southeast Asian market as tourism revives post pandemic. ANA expects to launch Air Japan by spring 2024, Inoue said.
Persons: Shinichi Inoue, Inoue, Aditi Shah, Jason Neely, David Evans Organizations: All Nippon Airways, ANA, Boeing, Monday, International Air Transport Association, U.S, Japan, Thomson Locations: ISTANBUL, Istanbul, Japan, China, Tokyo, U.S
In the draft communique, the G7 central banks said they remained "strongly committed" to achieving price stability and ensuring inflation expectations stayed well-anchored. "Diversification of supply chains can contribute to safeguarding energy security and help us to maintain macroeconomic stability," the draft communique said. But it said G7 countries will work to ensure foreign investment in critical infrastructure "does not undermine the economic sovereignty of host countries." On banking-system woes, the draft communique said the financial system was resilient due to regulatory reforms implemented after the 2008 global financial crisis. "We will address data, supervisory, and regulatory gaps in the banking system," the draft communique said.
BENGALURU, Feb 24 (Reuters) - Global finance leaders will tally the economic damage from Russia's war in Ukraine on Friday as they meet on the conflict's first anniversary with some voicing concerns that more sanctions on Moscow would disrupt a modest improvement in growth. U.S. Treasury Secretary Janet Yellen on Thursday highlighted the improvement, saying the global economy "is in a better place today than many predicted just a few months ago". Yellen and fellow G7 ministers on Thursday called for more financial support for Ukraine and vowed to maintain tough sanctions on Russia. German Finance Minister Christian Lindner said the pressure on Russia must be kept high to "completely isolate" Russia's economy. Yellen said the communique was still under discussion and she hoped to see a strong condemnation of Russia's invasion and the damage it has caused Ukraine and the global economy.
Participants at the meeting, however, are likely to focus on the war in Ukraine. The G20 bloc includes the wealthy G7 democracies, as well as Russia, China, India, Brazil and Saudi Arabia. French Finance Minister Bruno Le Maire told Reuters that G20 financial leaders must condemn Russia's aggression against Ukraine and that Europe was working on new sanctions against Moscow. G7 chair Japan's finance minister, Sunichi Suzuki, told reporters that the group would closely monitor the effectiveness of sanctions and "take further actions as needed". German Finance Minister Christian Lindner said the pressure on Russia must be kept high to "completely isolate" Russia's economy.
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