The last straw some plastic items could be on the way out in the e. U. Including drinking straws as the European Parliament votes to ban certain single use disposable products. The u. S. Fed is normally seen as the caretaker of the u. S. Economy but now it seems to have made an enemy in a high place the white house. Also ahead underinvestment in a bad harvest take their toll on cubas sugar industry the island nation turns to imports for the first time. Im Stephen Beard limber len welcome plastic may be cheap for producers but its become an environmental menace now the e. U. Parliament has voted through a ban on a range of single use Plastic Products environmentalist say it cant come soon enough the mountain of waste on land and waterways and seas continues to grow the e. U. Currently recycles only a quarter of the twenty five Million Tonnes of Plastic Waste it produces annually now european lawmakers say urgent action is needed to tackle the problem. You need
to yeah Eight Billion tonn
lids food containers and very light. the parliament must now hold talks with member states on the final rules to be adopted. if they agree next year the legislation should go into effect by two thousand and twenty one. shares on wall street were slammed in the final minutes of trading with the dow jones shedding more than six hundred points erasing gains for all of twenty eighteen disappointing earnings reports fueled the sell off also in the background was a brewing fed controversy with u.s. president donald trump once again wild up over the fed signaling further interest rate hikes trump called the fed the single biggest threat to the american economy it s not the first time the president has attacked the fed and its chairman jerome powell for sticking to its own monetary policy. now here to shed more light on this is us court our financial correspondent new york yes the president has of course