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Of the loss is achieved earlier in the week. Equity markets are rising ever startghtly on the first of this friday trade. European numbers are expected to show a negative number. In france, Consumer Spending has actually dropped. It actually rose less than the market estimated. We are going to see how the day carries on. In germany, we are going to get a scoop of data in terms of the Consumer Price index. That is going to play into the overall thinking over at the European Central bank. In the united kingdom, house prices slow for the first time in five months. That is according to home track. Bit of a be a little welcome relief for mark carney. I am talking the nike effect here. Ise numbers from nike carrying through also into adidas. Quoted, butrately virtually unchanged. Retail, we have tesco, agm today. Agm in t ....
By 1 5 today. Welcome to countdown. I am mark barton joined by one hide. The eu imposed its strictest sanctions on moscow since the iron curtain fell. We are joined by Ryan Chilcote. Lets talk about the shank the sanctions. Eu did it. It will surprise some people. Three is really the eu is going to ban state backed banks in russia from issuing new bonds and stock in europe. The second thing is they will ban some technology for the oil industry that they need for unconventional projects, more sophisticated drilling, deepsea drilling, shale deposits. The export of that material from the European Union is now banned. Get ane are going to arms embargo. The one caveat is that france will still be able to sell its warships to russia as it was hoping to do. These are not retrospective. I think obviously we were expecting these, but when you have 28 countries involved, and they all ha ....
Were canceled today and airlines rushed to make backup plans after regulators around the world grounded boeings 787 dreamliner. Those actions came after the federal Aviation Association ordered the plane out of the air after two incidents where lithium ion batteries overheated. Boeing says it is confident the 787 is safe and says it stands behind the planes overall integrity. This is only the second time in more than 30 years that regulators have grounded a plane. Darren gersh reports. Reporter boeing has spent more than 30 billion developing the 787 dreamliner. One reason for the high cost is boeings decision to upgrade the hydraulics and other mechanical systems with nextgeneration technology that runs on electricity. Youve got generators on board the aircraft that are powering the systems directly with electricity. That, of course, means a lot more juice is flowing through the plane. It also means you need more powerful b ....
Lithium ion batteries have a lot of power and of course there are many types of batteries out there and hopefully a substitute can be found, but nothing is absolutely set in stone at this point. Reporter boeing might be able to design a container to prevent or protect fires caused by the lithium batteries. But if the company is forced to use older, larger batteries, engineers would have to re design parts of the 787. Investigators have reached no conclusions, but they will certainly be taking a hard look at every aspect of the 787s battery. I think that the amount of problems there have been with lithium batteries historically would have to lead one to believe that youre not going to certificating an airplane, youre not going to just say this was a bad batch, bring on the next batch until somebody figures out that it was a bad batch and why it was a bad batch and what you do about it. Reporter investigators are quick to point out they have reached no conclusions in their investigation ....
Difficult engineering challenge. Lithium ion batteries have a lot of power and of course there are many types of batteries out there and hopefully a substitute can be found, but nothing is absolutely set in stone at this point. Reporter boeing might be able to design a container to prevent or protect fires caused by the lithium batteries. But if the company is forced to use older, larger batteries, engineers would have to re design parts of the 787. Investigators have reached no conclusions, but they will certainly be taking a hard look at every aspect of the 787s battery. I think that the amount of problems there have been with lithium batteries historically would have to lead one to believe that youre not going to certificating an airplane, youre not going to just say this was a bad batch, bring on the next batch until somebody figures out that it was a bad batch and why it was a bad batch and what you do about it. Reporter investigators are quick to point out they have reached no co ....