holding it steady the u.s. federal reserve keeps its interest rates where they are but warns that inflation is nearing its two percent target analysts now expect a rate hike later this year also coming up. breaks it blows a hole in the e.u. budget britain's departure from the bloc means member states will have to fork out . gold power the women of nairobi disrupt the taxi market within you. this is your business update on helen humphrey in berlin good to have you with us well the u.s. dollar has fallen slightly off of the federal reserve decided to keep interest rates unchanged the u.s. central bank made the announcement following a two day policy meeting the decision means the lending rate will remain between one point five and one point seven five percent for now but analysts say at least two hikes are likely to be announced before the end of the year well our financial

correspondent is with us from new york now yes the fed not changing a whole lot that saying inflation was moving our words to tell us more about the move when we can concretely expect it. well most investors on wall street believe that the next rate increases coming at the next fed meeting in june and that the federal reserve might pause in the july august meeting and then once again might increase rates another time in september and then we will have to wait and see if there might be a third increase shortly before the year comes to an end so that's at least the projection for now we did not see a lot of surprises in this fed meeting the federal reserve did acknowledge that inflation is on the rise that we see a decent economic growth here in the united states but the market actually did get a bit nervous after this fed meeting and blue chips losing

a good one hundred seventy points here in the winter session and we've also got the job market numbers out we've seen robust growth in previous quarters so how's it looking this time around. yeah we got the job sir from the private sector the big jobs report will be coming out on friday in the private sector on one side we did see that the job grows did cool a little bit in comparison to march but still we saw the six consecutive months that at least two hundred thousand jobs got created it is no surprise that at this level at this high level this elevated level where the labor market stands that it's not going to be easy to achieve those two hundred thousand plus job growth month by month so overall a very solid jobs report and it is rather likely that we will see the wages increasing we will see by how much but certainly if wages are increasing of

commodity prices keep rising what we're seeing right now also there is a certain inflation picture here in the united states and that for sure could cause the federal reserve to act a bit more aggressive than originally planned right we'll keep an eye on how the uptick continues here as quarter for us in new york thank you. well cambridge analytic of the british firm at the heart of the facebook data collection scandal has announced that it is immediately ceasing all operations the consultancy group says its to care in bankruptcy in the united states as well as in britain ok we're journalists collected data on up to eighty seven million facebook users it compiled a database on a large number of us voters and used information to influence the twenty sixteen us presidential election facebook well it lost the trust of many uses over the scandal and has since tightened its previously restrictions. the european commission has unveiled an increased e.u.

draft budget for twenty twenty one to twenty seven worth close to one point three trillion euros but getting countries to agree on contributing more to make up for the short for when britain leaves won't be easy. the e.u. has a pretty big budget hole to fill britain's departure from the bloc will leverage about twelve billion euros less well off a year the man responsible for drafting up a spending plan says member countries are going to have to cough up more to fund investment in the following areas. migration integration border control and management. more development aid to tackle the causes that could underlie the next decades when it's migration. cybersecurity we need to invest in new areas to show that europe as a whole is capable of acting more efficiently and successfully than each member country is on its own and. the biggest spending hikes are planned in the areas of

defense and security the only major cost on the cards is to the agricultural budget which the commission wants to slash by five percent. another proposal that's raise eyebrows is a plan to withhold funds from countries deemed not to be respecting the rule of law . we're proposing to strengthen the links between the european budget and respect for the rule of law this is an indispensable prerequisite for financial management and for implementing the budget effectively. become the new mechanism will protect the budget from risks arising from violations. truly. the budget has to be approved unanimously by the remaining twenty seven member states ideally before the european elections in may of next year. well let's just say that the federation of german industries is unimpressed with

that proposed budget for the european union's next decade the group is called the cloud research and technology expenditures disappointing and expressed fears that europe will lose ground to international rivals the e.u. currently spends just under two percent of the g.d.p. on innovation far less than japan and three point six percent and the u.s. at two point seven percent b.t.i. chief executive your human language said a strong and competitive e.u. would justify high and german contributions off the brakes it. will hamburg is going electric the german port city is switching its entire fleet of nine hundred fifty diesel buses to battery power it will mean a major overhaul of the existing infrastructure. a quick recharge at the terminus is enough to power this person all the way back through hamburg the city operates twelve electrically driven busses drivers are retraining and don't miss their old diesels. indy's in boston in these places there aren't any gearboxes of course the

drive motors amount to directly on the rear axle. that makes it a smoother ride and more pleasant. and most of all it's much quieter oh. in the large city traffic you can barely hear them. very little of the new technology can actually be seen. the batteries are mounted on the roof. this but it's a bit quieter but otherwise i don't see much difference was mostly off in the sense of what i think it's great when there's less annoyances and it's got to be better for the environment. each of hamburg's the busses was individually built making them almost twice as expensive as diesel versions it's gets people now that we've decided in favor of battery technology for the purser's it's all about getting them into mass production because we can only afford to buy them if they're produced in

series we don't expect the price difference between diesels and the buses to last over the long term. but the process will also need enough charging stations to be viable so hamburg's building a new central station it will have a direct connection to the local renewable energy provider. and because no one offered if you really want to convert a fleet of nine hundred fifty buses to electric operation you can't just plug a few charging stations around it's a revolution and you need to convert the entire infrastructure let's get to. the decision on which company gets the contract to supply hamburg with its first batch of sixty electric buses will be taken at the end of april. as a small revolution happening on the streets of the kenyan capital nairobi men once dominated the tacky taxi sector and women muscling of their way in thanks to riot hating little caps. a new era is here understand english

self-confident one of that and to kenya's female taxi drivers the little cabs app allows customers in nairobi to opt for a woman driver that's becoming increasingly popular so female cabbies are on the rise with that you know. you are very few who are like fifteen of us and the number has reached one hundred into one may do so far and also you're looking old to be more kenya's economy is expanding but the increase in wealth is far from equally shared women still worse off than men. i meet the best. the best looking at more than just sitting at home asking for handouts from having. anyone that was a woman and it is the easiest solution to make. the cabbies and around five

hundred euros per month. depending on how many call outs they get the app features a rating system too but for most it's having a woman at the wheel that counts. i'm more comfortable being driven by a woman than on my mind and was minimal more is it to talk to me it makes that ride more enjoyable. the job looks easy and then it is the women have to be strong and self-confident partly because many men still see driving as a male demanding harassment can be a problem to an obvious the expected them to see a very beautiful like me in these because now obviously we would but the don't get into it very much you don't want them you give them a one in this talk. there's also an s.o.s. bucket in the rack case is they need more support and one day these pioneers want

to have their own fleet exclusively for women. thanks to the company and seizing.

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