Report. Feast or famine . Its budget day in the uk, with the chancellor poised to deliver an upbeat speech. But how much money has he got to hand out and who will get it . And what does the boss of Renault Nissan think about brexit now . He gets a grilling from simonjack at the Geneva Motor Show. Welcome to World Business report. Im sally bundock. Also in the programme, a Chinese Telecoms Company gets slammed with the biggest fine ever by the us for braking Sanctions Against Iran and north korea. Rico has more on that. But first the chancellor of the exchequer, or uk finance minister, will deliver the countrys final budget before the government triggers article 50 and britain begins its negotiations to leave the european union. Despite the ongoing uncertainty over brexit, Philip Hammond received an Eve Of Budget Boost from the organisation for economic co operation and development. It now expects growth in the uk of 1. 6 this year, up from its previous estimate of 1. 2 . In theory this
Tech hub San Francisco bans facial Recognition Technology saying it wants to create a secure state not a Security State that alone is unlikely to stop the technologys commercial development where many see advantages. Also on the show the u. S. Holds off on even more tariffs this time against overseas carmakers so should volkswagen and honda breathe a sigh of relief. And american lawmakers want to know why the 737 max sailed through certification despite issues now being connected to 2 fatal crashes well give you the details. Welcome to your business im Stephen Beers in berlin thanks for joining us before we get to those stories some Breaking News 1st u. S. President donald trump declaring a National Emergency that is widely expected to pave the way for his prohibition of chinese Telecoms Giant while way from the u. S. Market the order is designed to formally protect u. S. Networks from Foreign Espionage but is widely seen as a path to excluding the Telecoms Giant from the u. S. Market
resilience within the u.s. economy. so investors are also looking aed to a slew of corporate earnings they re coming out later today give us a preview as to what s coming and which big names are moving things. yeah, so, you know, as i pretty much mentioned the likes of alphabet, microsoft, amazon and even meta are going to be quite key and significant to really point out it really points to the health of the consumer then, how consumers really engaged in wanting to be part of the ecosystem continuously, the likes of google as well as amazon and meta and asking really about advertisers and whether they re still onboard and how they ve been able to inch up and increase their revenue quite substantially. operating profits have been quite important to note as well. the growth in profitability of any of these companies, subscribers numbers as well something you could point towards, any growth as well as
addition to making the maga argument to voters he s talking about tangible things he wants to run on. i think i heard in there a call to the folks to help with the ground game, a little grass roots appeal there as well something that audience knows well having said that, take us inside the campaign for a minute. what are you hearing what worries them most well, i think as others have outlined the economy is the vulnerability here to be fair, no in coming president does well for a re-election bid if the economy were to go south there s good numbers here. job growth is one of the first and foremost the biden team points to. inflation though it s dropped is still high there are still fears of a recession. still a strain on the global economy put in place by the war in ukraine there is the economy, the president s age and his advisers
happened. we i never going to detail, it s always like well something happened now i m here with. and here is where it happened. to the week valseca children, we in mexico. a little slice of paradise is what it seemed like to them. like, my mom used to call it a little bubble. honestly, i was living my dreams and then some. this is their mother, jane. j a y e by attila detail that would matter. my whole, life i worked as an actress and i did love television commercials. a big role in so movies and offers. and then, in 1982, it happened pure chance! well it s kind of like one of these fairytale stories. she was 25, she was in a payphone near washington d.c. when she just happened to lock eyes with an art dealer named