last measure in 2020. when we hear about that 20% goal, that is something that has been articulated pointedly by the congo secretary, gino mondo, and this is the information we are getting from intel, her department, the chips act, representing a huge many billion dollar investment in research of chips and development and manufacturing. what we re seeing today the announcement of a preliminary agreement with intel, the largest share of the chip act we have seen yet, up to $8.5 billion to go to new factories and expansion projects, specifically in four states, arizona, new mexico, oregon and ohio. the big goal is to reduce american chip making and to make american chip making and to make america the big global leader. yes. america the big global leader. yes, and that is the america the big global leader. yes, and that is the point, america the big global leader. yes, and that is the point, isn t it? it is such a key industry right around the world, but america wants to get
terrifying moment for passengers. the incident plunged bowing into a crisis, raising questions about its attitude to safety. now the boss dave calhoun says he s stepping down. he was appointed at a desperate time for the company. bad design and failures had been blamed for two tragic accidents involving the 737 max. in ethiopia and indonesia 346 people died. mr calhoun promised change but critics say that hasn t happened. critics say that hasn t happened- critics say that hasn t hauened. . ., , , happened. he had opportunities to make changes happened. he had opportunities to make changes as happened. he had opportunities to make changes as a happened. he had opportunities to make changes as a member. happened. he had opportunitiesl to make changes as a member of the board. certainly in a ceo position is been one failure after the other. i can t say there s been any successes under mr calhoun. humanitarian worker died under mr calhoun. humanitarian worker died when
let us get down to business. we start with a fresh look at the banking sector and credit suisse in particular. early marketjitters in response to the ubs takeover of the swiss bank have eased. in asia today, most of the main stock markets are higher with japan closed for a public holiday. the major indices in europe and the united states also closed slightly up on monday. credit suisse is one of 30 crucially important banks in the global financial system and many fear its problems are an indicator of wider risks in the banking sector. so far this month, us and european banking stocks have fallen by 22% and 17% respectively, marking the biggest monthly falls since march 2020 when the covid pandemic hit the markets. here s michelle fleury with a look at how investors in new york responded. yes, there was guarded optimism on wall street following the shotgun marriage between ubs and credit grace that was hastily arranged by swiss authorities over the weekend. the dowjones indust
important to the global economy but its also seen as one of the most polluting. it s responsible for about 2.5% of the carbon emissions that are warming the planet. that and noise pollution is why the dutch government is trying to cut the number of flights at amsterdam s schiphol airport by more than 10%. and it s defending its plans in court today. but of course airlines aren t happy. the likes of klm, delta and easyjet are behind the legal action. they ve invested heavily in what is the third busiest airport in the world for international passengers. our correspondent anna holligan is outside the dutch parliament. this is quite an interesting case being watched around the world, because lots of governments are in a similar situation. tell us what are the arguments both sides are laying out in court today. this could be seen as precedent setting around the world. seen as precedent-setting around the world. , seen as precedent-setting around the world. 3 , seen as precedent
a total of thirty seven people including 23 children were killed in an attack that has shocked the nation. those are the headlines. now on bbc news it s time for hardtalk. welcome to hardtalk. i m stephen sackur. lebanon is experiencing one of the most disastrous economic collapses of the last 100 years. the national economy is less than half the size it was just three years ago. one powerful symbol of the catastrophe, people are holding up banks in a desperate attempt to get their money out, amid rampant inflation and a currency crisis. my guest is lebanon s minister of economy and trade, amin salam. politicians have failed lebanon for decades. will that change before the meltdown is complete? minister amin salam, currently in washington, dc, welcome to hardtalk. thank you. thank you, stephen, glad to be with you. well, we re delighted to have you in our washington studio. let me ask you, minister, do you think you and your government are levelling with the lebanese peop