The order books for customers around the world just the 400. 00 planes currently parked at the factory have a sales value of some 50000000000. 00 analysts fear the macs debacle has the potential to slow down the entire u. S. Economy. There are 400 brand new 737 max aircraft parked in boeings holding area theyve been grounded since april this year some are even parked in the employee parking lot the production stop slated for this coming january is a drastic measure and its bad for boeings 12000 employees i think hauling production has a pretty major downside that disrupts the whole supply chain that puts labor and terrible spot causes. A real loss to the economies of scale that this airplane has that we keep that Assembly Line go on because of all the efficiencies in october 28th seen as 737 max crashed in indonesia then another one went down in ethiopia last march 346 passengers were killed in those 2 plane crashes with the 737 max is faulty Steering Software playing a decisive role in both incidents so far boeing has been unable to deliver a software correction that can be approved by the Us Federal Aviation Administration this 737 is boeings best selling aircraft airlines of place thousands of orders so u. S. Airlines end european air carriers have had to cancel flights due to lack of aircraft the airlines themselves are in just a terrible spot because theyre selling spring break theyre selling summer without knowledge of what their fleet is and all parties need to have complete transparency here so we can come up with some reasonable plan you know get this crisis get things back on track the loss of production at boeing might have a Ripple Effect that could burden the entire u. S. Economy. Thats been our financial correspondent and frank. Is boeings main competitor so they must be benefiting from this cross is how much of boost is that 4 of us. You know in some cases ab us has profited from the situation there have been a few clients in secure a whether to order us planes or boeing planes they eventually decided for ever us but the general capacity of the potential for us to profit from this is limited you know production for the a 320. 00 at bus which is the plane competing against the 737 max is running at full capacity of us is producing and delivering 58320. 00 days a month and theres a backlog of 6000. 00 planes so ever us cannot immediately boost deliveries. Or thank you for that stay with us were going to talk about france in a moment where workers continue their protests against the governments new Pension Plans the transport sector is hardest hit flights in and out of paris all the board will be reduced by 20 percent today and many Train Services are cancelled as well with christmas approaching fast all the makers worry the strikes could spoil their travel plans. The french government wants to merge 42 existing pension schemes into one workers want to hold on to their retirement packages some with privileges like early retirement and generous benefits thats the case for most transportation workers and theyre at the center of the current strike. In paris only 2 metro lines are running frustration is high among passengers at the few stations where the service. Im clearly flat out. I left my home at 5 am and now im stuck at god you know i have to get to the 15th i dont know how. Its not fair my family was supposed to come to visit me and now they wont its very very selfish. But the striking workers have a different view. This is not about protecting our retirement were on strike to protect everyones retirement. With a metro and other trains out of Service Traffic jams all of our friends are now stretching hundreds of kilometers french president among women has expressed solidarity with the millions affected by the strike but the show no sign of backing down on pension reform. All those french workers taking to the streets there for the 13th comma all these Pension Reforms mccoy is really pushing through either going to work. You know if you talk to economists they find it a bit difficult to give an opinion on that because this is not something you can easily describe in economic formulas and numbers in political terms it looks like this might have the potential to become Something Like bracks it or the yellow vests weve seen in france recently something where a lot of anger is expressed by citizens with the potential to make or break a big project like the pension reform you know yesterday the man who invented the pension reform for the french government his name is ron paul did what he had to leave his post because he failed to disclose side jobs now this is exactly the kind of stuff for ordinary french people that indicates again how you know detached the governing elite in france is something that the modern mark or the president had promised to change when he when he came into office but he might not be successful this with this but its going to be crucial to to to change this its going to be crucial to really convince the french people that pension reform is something that has to happen on reducing the in front of thank you. 2 asian markets rallied today apparently waiting for wall street 1st before sharing a phase one trade deal between the u. S. And china after u. S. Markets rose to record highs on monday markets in Shanghai Hong Kong and tokyo now followed analysts point to reduce the uncertainty over the trade between the 2 the worlds 2 largest economies deal between washington and beijing sees a rollback on tires on 160000000000. 00 of chinese imports and increased purchases of us are because of products and energy by beijing. Unrest in hong kong has led to a massive outflow of capital hoarding to the latest numbers released by the bank of england it says Investment Funds india Asian Financial center have lost as much as 5000000000. 00 since april thats more than one percent of g. D. P. Violent demonstrations have occurred regularly in hong kong ever since the government tried to pass a bill that would allow extradition to my mainland china. Christmas is coming by wants to give the one person who seems to have everything even more of course because even if youre a billionaire the feeling that you might have accumulated enough stuff doesnt really come does it to celebrate the holidays while one percenters in the us are out in Beverly Hills buying well more stuff the rather expensive variety. Rodeo drive the lights are on and the bling is out an 18 carat gold bracelet for 200000. 00 a one of a kind watch set with 58. 00 diamonds 4400000 or how about a brown and yellow pear shaped diamond pendant necklace your search for 3300000 too much luxury for christmas remember what the wise men brought baby jesus gold thats right. This is a classy man selection to. No where else in the world do you find these colors these this quality these attention to detail that were putting into our collections and of course the exclusivity you know to say that this ties or this jacket is only one in the world and to be proudly wearing that for people who have everything that has a certain value. Openly flaunting incredible wealth this is not your thing how about something to ration a home this show dollars retail so 5500000. 00 or you go for discreet table clock or a kangaroo leather backgammon board business is good in the days leading up to the most commercial of holidays and the top one percent is doing their part so this year were expecting a slight increase in sales were a year ago from the 1st of november through the end of december of about a 60 day period to consumers expected to spend about 730000000000. 00 nationwide luxury spending is certainly in the forefront with all the tinsel and bling rodeo drive for some theres a true winter wonderland. For lucky if you see a space x. Falcon 9 rocket carrying a Communications Satellite for mobile Broadband Services blasted off from Cape Canaveral in florida 11 days ago another so call from the same supply run to the International Space station the falcon 9 1st stage we turn to earth after boosting the vehicle out of the midst of forming an on target touchdown aboard a space x. Grown ship cruising in the Atlantic Ocean a successful recovery 8 and a half minutes after launch space x. Is 47th overall and its 29. 00 aboard a drone. And this just in a south korean court has sentenced some sole electrons Board Chairman listen whom to 18 months in prison for forging Labor Union Activities but it focused largely on his efforts to undermine Union Activities at the Customer Service unit when lee was some souce chief Financial Officer not comet and that says from me and the business team. To. Pick off. The man to sleep with 6 give me my 6 weeks down just. In the race for the title of 6 souls. Must claim. To go. 10 minutes to. Play. Welcome to the girl max you tube channel. A good line of story. With exclusive. The must see concerning parts culture to ensure a. Place to be for curious mind split do it yourself networkers look. So for subscribers and dont miss. The big bang that created todays world started to. Slow coming forward in politics business religious claim to rob people of the Islamic Revolution under a kind of tough. Opens up making its initial flirtation theres a. Strong sense of states of emergency or it sinks into chaos Margaret Thatcher remarks in cabbage them to work and they will was it the start of the neo liberalism. Challenge of the 2nd displayed hence the. Premise the old order. Crisis friend of. The stars an era that defines our mission to play 1971 the big committed to israel stance december 21st w play. Play play. This is the news line from but a boeing suspends production all of its ill fated 737 max and are now regulators grounded the plane after 2 fatal crashes in just 5 months now the u. S. Plane maker is halting the Assembly Line for one of its best sellers well look at the fallout for the industry and the u. S. Economy also coming up pakistans former military ruler theres mashad us is sentenced to death after a court finds him guilty of treason will get the latest from