first involved the deaths of 346 people in two crashes in indonesia in 2018 and ethiopia in 2019. addressing employees at its factory in washington state, where the planes are assembled, ce dave calhoun said boeing would approach the issue with complete transparency. when i got that picture, and i hope all of you in some way, i hope most of you have seen it, and those of you who haven t haven t will look at it, all i could think about was i did not know what happened to whoever was supposed to be in the seat next to that hole in the airplane. i ve got kids, grandkids, and so do you. this stuff matters. earlier i spoke to professor graham braithwaite, director of transport systems at cranfield university and asked him what he thought his demonstration would do to reassure customers and investors. i think we ve seen a big difference in the way that boeing has reacted to this event and how it reacted when we had the first two max accidents. there s clearly an acknowledgement tha
because the eurozone s largest economy is now officially in recession. germany has had two consecutive quarters of negative growth. the country s economy contracted by 0.3% between january and march. this follows a contraction of 0.5% in the final three months of 2022. a drop in consumer spending was main cause of germany s disappointing performance in the first quarter, with household consumption falling by 1.2%, as the cost of living crisis continued to cause headaches for millions of people. joining me now is christian schulz deputy chief european economist at citi bank. thank you for being with us. perhaps no great surprise for those who watch those numbers, but it is symbolically important that what was once was a powerhouse economy is now technically in recession. technically in recession. indeed. germany s - technically in recession. indeed. germany s. .. they ve technically in recession. indeed. germany s. .. they ve had - technically in recession. indeed. germ
Election, frances new president Emmanuel Macron looks set to win a landslide in the countrys parliamentary elections. Can he pushed through the major reforms that you promised voters, including Cutting Spending and overholding frances strict laws. Do you still trust the politicians . Do they deliver on their promises . Or do they just say what you want to hear to win your vote . Let us know, use the hashtag bbc Business Live. A very warm welcome to the programme. Do get in touch with your thoughts. The Prime Minister has formed a new government, and today she will be holding her first Cabinet Meeting says the election. Senior ministers reappointed by theresa may have publicly given hubbard backing, but several are reported to have demanded greater influence in return for their support. Meanwhile, the uncertainty caused by the General Election has led Business Confidence in the uk to sink through the floor. That is according to a lobby group that did according to a lobby group that did
macroeconomic data and high interest rates. let s bring in christian schultz deputy chief european economist at citi. thank you forjoining us. these work stoppages, they train drivers strike, the farmer destruction, could be because germany to dip into a recession? a recession? what is going on at the moment does a recession? what is going on at the moment does remind a recession? what is going on at the moment does remind you a recession? what is going on at the moment does remind you more - a recession? what is going on at the moment does remind you more of l a recession? what is going on at the i moment does remind you more of what often happens in france that you have a mix of labour disputes, political protests really disabling the economy, but sometimes a really significant economic impact. we have to see for how long these protests continue and i do believe the fact many of us can now work from home probably diminishes the impact, especially of the railway strikes somew