This hearing will come to order. Thank you all for being here today. One year ago today, lyon air 610 crashed into the sea in jakarta indonesia. All 189 people on board were killed. A few months later, an Ethiopian Air flight departed, and flight 302 experienced problems shortly after takeoff and crashed. All 157 persons on board died. Both of these accidents were entirely preventible. We cannot fathom the pain experienced by the families of those 346 human beings who were lost. Many family members are here today and we appreciate their attendance. I appreciate many of them meeting with members of the committee over time. As chairman of this committee, i promise their loved ones were working to obtain a full answer as to how to prevent future tragedies. These families deserve answers, accountability and action. And the public deserves no less. The type of aircraft involved in both accidents is a 737 max 8. Manufactured by boeing. International aviation safety regulators began grounding
Ordinance which is not the way out. We will continue our fight no matter how much they prosecute us. Such extensive disruptions are punishing our city, the city we love. And, many of us have helped to the verge of a serious situation. [chanting] demonstrations that started as opposition to carrie extradition bill morphed into broader resistance to the government, the police, and political interference from beijing and an erosion of their rights. Violence escalated as lam refused to meet mans. Police demands. Teargas,taliated with upper spray, rubber bullets, and batons. Vandalism, and civil disobedience continued even after lam acquiesced and withdrew the bill. Frayed, positions entrenched, hong kong is a city on edge. I am stephen engle, and welcome to this special, hong kong on edge. It calls itself asias world city, the semi autonomous gateway to china, and a Key International finance and commercial hub, and that is coming under increasing threat multiple fronts. You have the politi
The hong kong listing. I think that asian markets wont direct were not directly hit by this news because i think the general consensus is that people understand why this landmark listing had to be delayed and they seem pretty optimistic also the ali baba will go through with it eventually infect the c. E. O. Of the Hong Kong Stock Exchange was quoted as saying last week that hes confident companies will. Will come home to hong kong and that they will find a home in hong kong he just didnt know when and he sent this without alluding to ali baba because technically the listing is confidential all right but we wish to talk to a representative of german business in hong kong yesterday and he told us that despite the unrest there its more or less business as usual but on the bus move just now seems to tell a different story doesnt it. It does and you know what monica ali babas move to do this is actually a very smart move imagine if they had gone ahead with this thing this month its going t
I think the asian markets wont direct were not directly hit by this news because i think the general consensus is that people understand why this landmark this thing had to be delayed and they seem pretty optimistic also the ali baba will go through with it eventually infect the c. E. O. Of the Hong Kong Stock Exchange was quoted as saying last week that hes confident companies will. Will come home to hong kong and that they will find a home in hong kong he just didnt know when and he said this without alluding to ali baba because technically the listing is confidential all right but we we spoke to a representative of german business in hong kong yesterday and he told us that despite the unrest there its more or less business as usual but an above us move just now seems to tell a different story doesnt it. It does and you know what monica ali babas move to do this is actually a very smart calculated move imagine if they had gone ahead with the listing this month is going to be seen as
Purchasing power but dont tell iran. This is the way of business im on in berlin welcome facebooks new crypto currency libra is under scrutiny from e. U. Antitrust regulators according to the Financial Times the newspaper says the European Commission has sought specific information from those of working on the Digital Currency by a questionnaires on tuesday bloomberg reported about the commission had specific concerns over quote potential anticompetitive behavior related to the libor association so far facebook and the commission have both declined to comment. Our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. Well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u. S. So there is this claim there and then also facebook will probably face questions if there ar