This comes, of course, after an incident injanuary this year, when an unused door blew out soon after take off on an Alaska Airlines 737 max, sparking multiple investigations into boeings safety culture. Boeing ceo, dave calhoun, who took over in 2019, after the previous boss was fired, has announced hes leaving at the end of the year. But who will take on the role, now described by some as the toughestjob in Corporate America . Some shareholders want to see a new face from outside the firm. And there is another bone of Contention Boeing Has disclosed mr calhoun was awarded a pay deal of almost 33 Million Dollars this year up 45 on last year. Thats despite a steep fall in the share price. He may not get the full amount of share options, though, if he does step down at the end of the year. To talk us through what could be a tense meeting, lets speak to barry valentine. He has a0 Years Experience in the aviation industry, and has served with the us federal Aviation Administration. He now
Is planning to buy some of those apartments, relax the rules on Mortgage Borrowing and step in to put the finishing touches on unfinished units. Separately, one of those big developers, Country Garden holdings, was today given another four weeks by the high court in hong kong to sort out its 190 billion of debts before hearing a petition from debtors to wind the company up. Duncan wrigley, Chief China Economist at Pantheon Macroeconomics joins us. What do you make of what weve heard today . Is it enough to contain the chinese Property Crisis . Yes, i think what weve heard today is from various officials, its helpful, but its probably not a panacea. So, you are right, there are moves to boost Housing Demand through easing mortgage terms, allowing people to borrow more, lowering Interest Rates and that should boost Housing Demand but a lot of that will go into the second hand Housing Market where there is a big overhang. The second big policy is allowing governments, especially local gov
To texas. Joining me now is erin delmore, our north America Business correspondent. We should stress that he is not talking about whether shareholders support the move and the paid package, but actually whether she can get a request It Percentage of shareholders to a ballot. What is that about . Shareholders to a ballot. What is that about . ,. ,. , that about . You are right. There are two issues here, that about . You are right. There are two issues here, getting that about . You are right. There are two issues here, getting people that about . You are right. There are two issues here, getting people to l two issues here, getting people to vote, and getting people to vote at all. Shareholders approve this pay deal back in 2018. It was losing money back then. Now the company has a market value of nearly 570 billion dollars. Their argument is that they set these lofty targets that the company tied to mask s pay. They say he deserves the pay but a judge in delaware said that the process
Speaking at a news conference, the White House Press secretary, karine jean pierre, said more was needed to be done. So this level of aid remains insufficient, and we want to continue to press israel to increase the level of assistance moving into gaza. We understand what ijust laid out is not sufficient. We want to get more in. We are continuing to have those conversations with israel, and we have seen some progress. We need to get more in. On thursday, us troops anchored a long awaited Floating Pier which will soon enable aid to enter gaza by sea. Hundreds of tons of aid has arrived in cyprus, where screening takes place before being loaded on to ships for delivery to the pier. But the pentagon stressed this would not be enough to meet the needs of people in gaza. The purpose of this temporary pier is to deliver critical humanitarian assistance to the palestinian people. The pier is temporary, and not meant to replace land routes into gaza. And last, this is an internationally backed