A big day for boeing as it presents a plan to keep it seven Three Seven Max in business after two a deadly crashes its valid to do quote Everything Possible to avoid another accident that as it rejects more oversight. Also on the show a push from the u. S. To shrink its Trade Deficit appears to be paying off. Plastic straws and cutlery soon to be contraband in the e. U. The European Parliament has vowed it has voted to ban ten kinds of Single Use Plastics twenty twenty one. Welcome to this im joined in berlin thanks for joining us A Balancing Act For Boeing as it attempts to win back the confidence of regulators and the public without inviting increased oversight its presented proposed changes to Flight Software on its seven Three Seven Max aircraft thats after two
a deadly crashes involving the model in five months the plan came as lawmakers the mad answers from the u. S. Aviation authority which approved the planes for use. Boeing has been demonstrating a software fix that it hopes w
Huawei turns to the American Court system to fend off attacks from washington and as the u. S. China trade standoff escalates beijing hints at choking off vital rare earth exports to the u. S. Also on the show their boss celebrates its 50th birthday in true middle age fashion contemplating past successes and failures. And spinning an old tradition into a new revenue stream how kenyan farmers are swapping high risk crops for silk production. Welcome to dean of the business im Stephen Beard symbolism its good to have you with us while way officials complain the us President Donald Trump is applying the full weight of the american state to kill their business a spike that the chinese Telecoms Giant is now appealing to u. S. Courts to find in the firms favor arguing the u. S. Ban has hardware is unconstitutional meanwhile the Trade Dispute between the 2
nations continues to simmer with beijing now threatening to restrict key mineral exports to the u. S. For huawei the case is clear politic
Facebook says it wants to empower billions of people yet again and now its fledgling cryptocurrency libera faces more scrutiny from both sides of the atlantic also coming up find out what happened to nike ambassador calling kept her name criticized a controversial new line of sneakers and well take you to sunny portugal over the aagaard the region wants to reduce its dependence on travel savvy brits amid looming bricks. Welcome to the program. U. S. Lawmakers have urged facebook to halt its cryptocurrency plans they want time to investigate the risks libera poses to the Global Financial system it comes as regulators in europe call for closer scrutiny a senior official of britains financial watchdog says the issues raised require deep thought and detail. Introducing lead for
a new global currency designed for the Digital World facebook has promised finance for the future with its new Crypto Currency and im saying its arrival Mark Zuckerberg said libra would empower billions of people ev
What happens when one of your Famous Brands of vassar those goes rolled on your own product. This is business as. Well. Plans for a new tax on plastic bags in indonesia looks set to be delayed lawmakers have decided to put back a decision to confirm government proposals and loses 700000. 00 are thought to go through almost 10000000000 plastic bags each year making at the worlds 2nd biggest contributor to Plastic Waste in the oceans the government is proposing an excise duty of just over 2. 00 per kilo or less than 0. 02 a bag it says legislation remains on track to be introduced this year despite the latest delay. Lets go to asia finance correspondent. In a plastic is a global problem but also lots of it comes from the philippines vietnam china and
conceptual other countries dumped more than half of the 8000000. 00 tons of plastic ways that end up in the oceans every year according to a report from 22017. 00 a is there enough awareness of void in plastics in the whole region. Well ther
Well thanks to cash for grief families of People Killed in a plane crash in ethiopia in march project parts of a 100000000. 00 proposal by plane maker boeing to compensate them also coming up. Backing britains ukase biggest carmaker Jaguar Land Rover says it will invest millions in the u. K. To make a range of electric cars and mexico city is wondering what to do with something that could have eased its traffic problems but became something of a plane instead. Im Chris Culliver in berlin good to have you with us. And we start the program with grieving families trying to rip their heads around a big pile of cash u. S. Plane maker boeing is setting up 100000000. 00 fund to compensate relatives of the victims who perished in the 2 recent crashes of its 737 max planes in indonesia and
you see oprah but many of the families feel patronized by the plan and some are already saying no thanks. Ethiopia Airlines Flight 302 was one of the 2 fatal crashes all 157 passengers and crew on board were