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tv   Business  Deutsche Welle  May 23, 2019 3:45pm-4:01pm CEST

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that's their business u.s. officials are still waiting to see boeing's fix for the automated systems blamed in the max a crashes aviation administration says it'll take as long as it takes to get it right international regulators a meeting of the united states american carriers the ready to get the jack jet back in the skies changeling flights for august. the boeing 737 max will remain on the tarmac until the regulator is convinced the aircraft is safe the 737 max was grounded following the ethiopian airlines crash in march just months after a similar liner disaster in indonesia in all 346 people were killed. the f.a.a. is meeting over 30 international air regulators including china the e.u. brazil and canada to discuss a software fix a new pilot training. both crashes were blamed on faulty technology boeing says it was upgraded the software to make it safe the f.a.a.
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is still waiting for boeing to formally submit the patch for approval. financial pressure on boeing is growing global airlines who bought the fuel efficient long range aircraft had to cancel flights and scramble to find replacements on routes flown by the 737 max air china and other carriers are demanding substantial compensation. elad 103 is standing by for us in our washington studios following this story helena how's the pressure from china being such a huge market scene there way you are. i think the reality of the situation ben is that the f.a.a. and boeing might not like it but that is the reality of the situation china is the walls largest aviation market despite the fact that at the moment it's not building its own plane so boeing really does need to get a handle on this because china is looking to make its own airplanes in the future
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so if it doesn't of course then it will really risk missing out as china tries to wean itself off the likes of boeing as it tries to wean itself off the likes of us as well and of course not only have these chinese carry is sort compensation they also want compensation for the missed in every all of these jets remember that the max jets in china comprise around a quarter of boeing's delivery wild white and also don't forget the chinese aviation authority was one of the 1st to ground this model of plane so it could be in the future that people look to china's aviation authority as well for expertise there as well so there is a lot at stake eleanor it was really interesting to see that move made by the chinese and how quick they were to do that and as a journalist watching hour by hour who was next it was actually days though until the u.s. authorities made a move a regulator is going to get flak for that at that meeting. i think you can be
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pretty sure ben that meeting today the u.s. f.a.a. will definitely be in the hot seat being attended by so many regulators as well as the un civil aviation all thora t m a used to be a case that you know whatever the f.a.a. did other countries would now follow it no longer really appears to be the gold standard you know when this whole case also exposed some pretty worrisome self certification process as well for software from boeing and certainly the f.a.a. was castigated by lawmakers last week what i would say is you've also got to look at where the pressure is coming and from whom and these crashes certainly exposed the close relationship between the u.s. president donald trump and boeing executives here in washington d.c. it is a massive lobby here in the capital now though certainly a more cautious tone from the f.a.a. saying it will take as long as it takes to see these planes back up in the air. thank you very much for your insight from washington. well it's
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a bad case of the deutsche bank blues the boss of germany's biggest lender has tried to appease investors at today's annual general meeting promising even tougher cuts some shareholders are trying to spark a boardroom revolt but john share prices continue to fall since last year the group just doesn't make enough money legal troubles sapping the lender in their own money laundering allegations as well as its questionable ties to donald trump's business ventures i haven't even got to it's failed merger with comments funk which is also struggling by the way and is dealing with serious i.t. fav years of monitoring payments from key customers the list goes on let's have a listen into what investors say. i don't see that. coming up. is always. a risk used for that and i think.
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taking. on from his position. we actually hope that the share price is going to rise again but i just sent a what's up to my family and friends saying that we cannot do anything i'm afraid she has will continue to fall money is gone make. errors of other stories making business news from around the world china has borne the sincerity if trade talks are to continue the comments ministry says beijing will not yield on its main principles a go she asians between the world's top 2 economies collapsed in march with president donald trump hiking tariffs on chinese imports. japan's panasonic plans to suspend the sale of certain components to our way that's the chinese telecoms giant banned by the u.s. over its alleged spying capabilities some japanese mobile operators have suspended the launch of you weigh smartphone apps. and boys of color stone say it could be
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a year before the x. . ammon goes on trial he's appeared in a japanese court for a preliminary hearing on financial misconduct charges insists he's innocent he's requested to see his wife that's been under his belt terms. transport ministers and industry leaders from around the world of meeting in the german city of leipsic to discuss the future of mobility and looking for solutions to emerging pressures on the safe among them rapid urbanization at present just over half of us live in cities by 2050 about 2 thirds of us will that will require infrastructure to accommodate everyone and with public transport still lacking in many areas the number of cars and trucks is expected to double in 30 years they'll be 2000000000 vehicles on the roads making about environmental problem worse the transport industry accounts for a quarter of c o 2 emissions experts say policies have to change well china's new
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silk road could be a green solution in getting goods off roads and dogs who braille but it's also a geo political hot potato i reporter kate ferguson is at the international transport forum in leipsic kate just tell us how this belton road initiative 1st of all is being viewed day. pull the belgian road initiative is front and center here in life and no matter how you feel about china's growing economic dominance there's no denying that this project is going to be a major boost for the transport industry the scale is breathtaking $65.00 countries are already involved many more are likely to cooperate in the future what we're going to see is transport corridor or spanning continents both over land and oversee so no matter how you feel about it it's a major issue here in life and some journalists have heard that it could be behind building a planned rail link between north and south korea. well before i tell you about
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my quest to find out if this is true just a tiny bit of background north and south korea did actually participate in a grant breaking ceremony last year for a rail network between the 2 countries but there's been no construction so far because of international sanctions against north korea but i wanted to find out whether it china has any plans to be a diplomatic bridge in this so the 1st thing i did was go to the chinese exhibitors santeria there were 3 people at it sitting at a 4 person table i took the empty seats at the 3 people looked at their knees as soon as i asked him any questions they told me that the chinese transport minister was going to be holding a press conference later on and i had direct my questions at him so in the meantime i went to talk to some site korean exhibitors and i asked them if they had heard anything about china being involved in a rail network between the 2 koreas they said they hadn't heard anything about that but to quote one of the men i spoke to he said i'm not really into the idea of
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reunification but a rail network would be pretty awesome so i'd wait a little while until the press conference took place course i was ready with my questions and they only had time for a few i had my hand up in the air and luckily i got to ask a last question and what the transport minister lee told me is that china does not have any plans at the moment to be involved in a project rail project if we north and south korea us is either of those countries asked china for help and in terms of infrastructure china would not deny them as long as they were acting within international law so a reference there to the sanctions that are in place ferguson doing the rounds of the international transport forum in light see. things mandalay in myanmar produces the most expensive rubies in the world but a recent change in law has made it harder for the big mining companies to get at them instead it's led to
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a ruby rush among small scale operators. down the centuries many have been 40 over the valley of magog in myanmar oh because this. buried deep underground here lie the unique pigeon blood stones that have earned it the name the land of the rubies until recently only private companies were allowed to mine here in a joint venture with the state and explorer but a drive to curb the destructive deep digging of major mine has caused many to lose their licenses and so ruby russia mungana fishel explorers has begun teams work around the clock at makeshift shafts to recover the precious stones many a former employees of the major minus a lot of the rubies a smuggled into neighboring thailand or china but those that aren't end up here at magog market a history of corruption conflict and links to armed groups left the reputation of me on mars really trade in need of some polishing merchant say the boom times are
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in the past but that won't stop the makeshift miners of magog seeking a quick buck in the famous rock and finally it is expanding to the sea visitors to queensland can now use the app to water an excursion on it to post some rain around the great barrier reef if a plane is this is the 1st right share submarine around $1000.00 per person will take 2 passengers down to 20 metres below sea level and along designated dive paths around the reef the great barrier reef is home to more than 1500 fish species and types of coral and is a delicate ecosystem i say business with. if. the
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familiar.
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piece of video and that's consequences. are political bombshell in vienna. austria as government is in chaos. because what role if any it took the intelligence services play and the scandal. how close are the right wing populist to russia. who. claimed its 1st 90 minutes on d w. coach of fish for. sure link to africa and the world the story link to exception stories in discussions. the money is a busy hour while website deputy comes much coffee cup join us on facebook. for god . an action packed life. to me. anything is possible as long as i'm comfy and his friends can drain our.
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movie and 10 years dobbs refugee camp. his life story may have ground to a halt. 27 years ago but there's no holding back his dreams of playing . the fun people watching the 1st cinema starts may 27th going to doto for the final burn list local tourist guide for germany's booming. i love berlin. 15 issues 50 story and 15 very personal tips on berlin's very best features from. the book now planet earth our hero max series starts may 25th on d.w.
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. place. to place . this is the news coming to you live from the indian prime minister that is there with these hindu nationalist speech if he declares victory in the country's elections results show the party is heading for a decisive majority in parliament. these 2nd term affect india also coming up polls open in elections the european parliament that includes in the u.k. a country that had planned to leave the european union by now populist looks set to make big gains as the situation for britain's beleaguered prime minister.

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