Markets. And well be getting the inside track on one start up that is taking used batteries and giving them a second life. As the boss of United Airlines, we wa nt to as the boss of United Airlines, we want to know when have you wished youd apologised sooner . Just use the hashtag bbcbizlive. Welcome to the programme. As south africas president jacob zuma celebrates His 75th Birthday, the festivities may be rather more low key than usual. In less than a week, the countrys members of parliament are scheduled to hold a vote of no confidence against the president. Why . It comes after he ousted some of his key political opponents in a recent cabinet reshuffle. Today, members of the public are expected to take to the streets in protest at the move, but mr zumas decision also has big implications for the economy. South africa has been downgraded to junk status by two of the leading debt ratings agencies, fitch and s p. They argue that the reshuffle will hamper the countrys efforts to manage
Talked it down. What is the direction . Stop, tokyo. The u. S. Vice president is in japan after delivering stern warnings in seoul. Mike pence says japan is committed to u. S. Security. Than a half hour until the european open. How european futures are turning after the mixed picture we saw in asia overnight. A mixed picture here as well with the ftse future trading down. A third of a percent of game. Manus it is no shock that you have a treasury secretary talking about a stronger dollar. Were shocking that you have a president that says it is too strong. Dollar strength pervading across the markets this morning. These are the equities. This is the fx side. The aussie dollar. And a little bit of movement. Dollar again is jockeying. There working back above 108. 83. We have broken the 200 day moving average. Yen iskets would say the dropping in the dollar is rising and that could have an interesting move. Where is the canary in the proverbial coal mine or the iron ore mine . Goldman sac
Issue one. It is a deal. I am happy to report senator murray and i have reached an agreement. We have been talking all year. And this week that hard work of the two of us sitting down and talking to each other all year has paid off. We have broken through the partisanship and gridlock and reached a bipartisan budget compromise that will prevent a Government Shutdown in january. Done deal. Shutdown averted. A 2member Conference Committee headed by republican representative paul ryan and democratic senator murray this week reach an agreement on the federal budget for the next two years. Heres what is on the revenue side of the table. Item. New fees for air travelers. Instead of tax hikes, revenue would be raised on Airline Ticket purchases. Travelers will see a hike for an average round trip ticket from 5 to 10. Item. Federal workers pay more. Government employees hired after january 1, 2014 will make bigger contributions to their retirement funds. A 1. 3 boost. Heres whats on the spendi
Us know where our information is being shared. So its not that all this stuff is head anything a positive direction heading in a positive direction, but if were smart about it and were optimistic and we apply ourselves and use some of these principles, theres a lot of reason to be hopeful about what we can do. Host and finally, michael emails in, do you think that peer Progressive Networks will be amplified by the rapid adoption of the mobile internet in developing nations . Guest yes. Um, because theyre the places where one of the big things you have is maas i have cities being developed where you have huge needs like the kind of infrastructure feeds we talk about, and the idea that cities are going to be Walking Around with these mobile computers that are far more powerful than anybodys computer was 20 years ago, its going to be a tremendous opportunity for these cities solve problems. Just like john snowe and henry white had Walking Around london in 1854, they were looking for patte
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