Newsletter: Vienna International News
U.S. Diplomacy and Austrian Businesses: Austria’s Economic Giants Expanding in the U.S.
From Red Bull to Borealis: A high-level business delegation will travel to Maryland in May for the “SelectUSA Investment Summit.” Led by U.S. Ambassador Art Fisher, the trip underscores the historically close and economically thriving ties between Vienna and Washington.
Earthquake in the Oil Market: UAE Leaves OPEC
In a geopolitical U-turn that is sending shockwaves through the energy markets, the United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) in Vienna and the broader OPEC+ alliance, effective May 1. While U.S. President Trump is hailing the move as a victory, the cartel faces an existential crisis.
New Direct Flight Between Xi’an and Vienna Officially Launched
A milestone for tourism and economic cooperation: With China Eastern Airlines’ new flight route, the former imperial city of Xi’an and the music capital of Vienna are growing closer. The launch on April 20 marks a special diplomatic anniversary.
Schiebel of Wiener Neustadt Ushering in a New Era with Armed Camcopters
For a long time, the Lower Austrian company Schiebel was regarded as a prime example of high-tech civilian and government technology “Made in Austria.” With its unmanned helicopters (UAS), the company monitored the world’s oceans, tracked down environmental offenders, and supported rescue teams. However, the increasingly tense geopolitical situation has led to a strategic shift in direction: With the new Camcopter S-101 and S-301 models, Schiebel is introducing drones designed specifically for armed operations for the first time.
