Despite the Global Pandemic and 2 fatal accidents boeing is now testifying its 737 max jetliners the federal Aviation Administration is working to help certify boeings new was plane that reportedly has made improvements since its last crash so what does this mean for the companys revenue stream r t correspondent natasha sweet is in los angeles at the International Airport with more the f. A. A. Is indeed ready to fly the ball we max 737. 00 confirming those test flights could begin as early as today and now were seeing the market response in their favor some 800 boeing 737 max jets are grounded but according to a routers media reports student wafer along in an email to congress the f. A. A. Said its type inspect. An Authorization Board completed its review clearing the way for flight sort of occasion testing to begin which the email says could start as early as monday in response boeing shares are on the move their stock is up again as much as 11 percent in todays trading experts say i
Instead of. Pushing. Thanks for joining us fears over a 2nd wave of. Global stock markets tumbling again in new york. The worst since the. Hopes that. The horizon. Markets in asia are down to losing around one percent. For more on those dramatic losses on the Global Stock Markets im joined by our plans will correspondent its called red boots and in frankfurt called red share prices around the world collapsed when the pandemic hit then they bounced back surprising us all but it seems they got a bit ahead of themselves oh yes terry you know when the 1st lock downs happened in march and april many people on the markets quickly became pretty optimistic that a quick recovery of the economy would be possible turns out now with the lock downs lifted we are seeing this is not the case you know here in germany the retailers have been open for a couple of weeks now. And business is very slow people with those social distancing rules are very careful shopping is no fun and of course many people i
Thanks for joining us britain faces its deepest recession since 300 years due to the coronavirus pandemic economy shrank by a record 20. 4 percent in april the sharp drop reflects the impact of the countrys coated 19 locked down bad news as the country heads with important deadlines looming. Once again the European Union is waiting for Boris Johnson once again he missed an important deadline and once again the british Prime Minister is taking his time johnsons government has until the end of june to decide when and under what circumstances his country will leave the e. U. Britain has registered more than 2000000 unemployed since march the bank of england calls this the worst recession in 3 centuries is Boris Johnson teetering on the brink of a brigs a disaster Stephen Norman c. E. O. Of british car manufacturer vauxhall recently commented. You know. Michel barnier the e. U. Representative in free trade talks with britain is losing his patience to the agreement should have been reached
Instead of going to school many kids work long hours to help their families pay the bills. And good to have you with us fears over a 2nd wave of Coronavirus Infections have sent Global Markets tumbling again in new york on thursday. Plunged 7 percent the worst days since the march. Had surged over the last month as easing. Hopes that the Global Economic recovery was on the horizon but now markets are losing. European shares. For closer look at those markets im joined now by our financial correspondent coned bose in frankfurt corette share prices around the world collapsed when the pandemic hit then they surprised us all by bouncing back again but it seems they got a bit ahead of themselves. Oh yes terry of course this morning here in frankfurt it looks like the slump has momentarily at least come to a halt but obviously the optimism expressed by the rising stock prices in recent weeks was over down you know the german share index stacks from the middle of march to the beginning of this
A funeral. India reopens parts of its vos Train Network despite its number of corona virus infections still rising. And classes resume in france and switzerland and parts of italy but many parents are wired about sending their children back to school. A leading member of the u. S. Coronavirus task force has warned congress of serious consequences if states rush to ease restrictions despite u. S. Death toll standing at 81000 the focus has shifted to lifting the lockdown to restart the economy but testifying to senate has top Infectious Disease expert anthony found she said opening up too soon could result in a new wave of outbreaks in all the developments indias enormous rail network began rolling again though with only 30 trains on the timetable just 2 days after a record rise in the number of infections that and then in russia an investigation is on the way after a fire blamed on a faulty valve ventilator killed at least 4 coronavirus patients and then in france some younger people st