The fed raises Interest Rates and says it will start unwinding its 4. 5 trillion stimulus programme. But is the us economy really Out Of The Woods . Plus roam if you want to. The eu scraps extra mobile charges for travellers from today after a decade long battle. But will users end up footing the bill anyway . Welcome to World Business report. Im sally bundock. Also coming up the end of an era forjapan inc. Toshibas set to sell off its Chip Division as it battles for survival. We start in the us where the central bank, the Federal Reserve, has raised the cost of borrowing, as was widely expected. Its the second increase in three months, and comes despite some fairly mixed data on the health of the us economy. Lets show you the details. The fed has raised its main Interest Rate by 0. 25 . That takes its target range to between 1 1. 25 the highest it has been since before the 2008 financial crisis. And its set to go higher the fed is forecasting one more increase this year. It also annou
Seeing me hello, you heard ben but you are security at your fingertips well meet the man who says the key to Online Safety could be in your own hands. And as digital video sales could overtake dvd and blu ray this year. We want to know, do you still buy your movies on disc . Just use bbcbizlive. Sally hodkin the limelight, i dont know welcome to the programme. Its less than a week since the uk woke up to an Election Result that plunged it into even deeper political and economic uncertainty. Prime minister theresa may still hasnt finalised an agreement with the Northern Irish Democratic Unionist Party which would allow her to govern with a narrow majority. But away from those talks, the pressure is mounting on the government to lay out a strategy for brexit negotiations. Tonight the chancellor, orfinance minister, philip hammond, could give us some idea of what is planned. Hes expected to say that 61bn of funds from the European Unions Investment Bank will not be put at risk. It current
Association manufacturers association. Remember the ipad wasnt invented when adsb cannot. There some type of lower cost of ice that could be like our cell phone. General scovel, the faa seems to be behind on issuing rulings on drones and integrating uas, uab, whatever want to call them, integrating them into the airspace. How far behind on the no . Are behind. They are behind the mandate established by congress in the last reauthorization from 2012. We should say we really mean it this time. Well, yes absolutely. And it would certainly help everybody if the agency listened. Faa was slow in designating its sites, six of them. They were finally designated, again for switzer congressional authorization or mandate, but we have found that the agencys plans to develop data and to learn from the results that accrue from operations at these test sites have not been prepared to the agency satisfaction. And certainly not to the needs of the burgeoning industry. When it comes as well to gathering
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