the us national transportation safety board has revealed new details about the door plug that blew off an alaska air jet last month. the 737 max jet left a boeing factory missing four bolts designed to secure the door panel. our north america business correspondent erin delmore has more. this investigation focuses on the bolts used to keep the door in place on the plane. that door is not supposed to open. but it did open onjanuary five and flew off the alaska airjet just after takeoff in portland. now, investigations from the national transportation safety board said the bolts were missing before january five and it appears the alaska airport plane left boeing s factory without the bolts. they were removed to make a repair but it appears not all the bolts were replaced. this is a most diesel we have about what went wrong and it puts the blame on boeing. both details. a supplierfound new boeing. both details. a supplier found new problems with holes drilled on 737 max pl
to shut down the blast furnaces at port talbot. frustration, disappointment is probably the biggest word. disbelief. it sjust been. handled absolutely appallingly in my opinion. also coming up: are pre election handouts ahead? taxes in his march budget. when i look around the world to america and asia, when i look around the world to america iwith sia, when i look around the world to america iwith lower when i look around the world to america i with lower taxes countries with lower taxes have more dynamic, faster growing economies. that s and a sweet business that ran out ofjuice. we look at the rise and fall of the original indian steel giant tata is expected to confirm up to 3,000 jobs will be cut from its british operations. the bbc understands tata is to go ahead with plans to shut down both blast furnaces at its port talbot site in south wales which is the uk s biggest steel plant. the company is intending to replace the furnaces with an electric version which is more
lower but to put that into context it was at zero in europe this time last year. and in the world s largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown chief global economist at capital economics. good morning to you, jennifer. so it s a lovely location, portugal, you got christine lagarde there, andrew bailey, jerome powell among others, what do you think they will chew on? of course they re all increasing the cost of borrowering and in some places like the uk, so far it s having little effect. little effect. yeah, you re ri . ht. little effect. yeah, you re right. beautiful little effect. yeah, you re right. beautiful location, | little effect. yeah, you rel right. be
real frenzy of activity around this case. so, i promise we will return to that as soon as we have it. let s turn our attentions to the united states. the house of representatives has approved a deal to allow the us to borrow more money, days before the world s biggest economy would have started defaulting on its debt. the measure passed the chamber by a vote of 314 to 117, with defections on both sides of the aisle. the us senate must vote on the bill later this week before presidentjoe biden can sign it into law. joining me now is martin baccardax, senior editor, thestreet.com. was it game, set and match to biden on this deal? i think, to some degree, he can claim an incredible victory here, although ultimately he did want to separate this debt ceiling negotiation from his budget, and he had to concede at least some spending cuts along the way. so, he didn t get precisely what you wanted, but as you indicated, there was tremendous bipartisan support for the deal, including r