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. while 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 how is it looking this time around you know we've got the job from the private sector the big jobs report will be coming out on friday in the private sector or on one side we did see that the job grows did call it a little bit in comparison to march but still we saw the six consecutive months that at least two hundred thousand jobs got created and this 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 a rather likely that we will see also wages increasing we will see by how much but certainly it's wages are increasing of commodity prices keep rising what we're

seeing right now so there is a certain inflation picture him 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 that uptick continues jan quarter for us in new york thank you. well cambridge animistic 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 it's declaring bankruptcy in the united states as well as in britain or cambridge analysts collected data on up to eighty seven million facebook users that compiled a database on a large number of us voters and used information to influence the twenty sixteen u.s. presidential election facebook well it lost the trust of many users over the scandal and has since tightened its previous 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 euro's 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 leave at 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 because the one indicates one migration integration border control and management. more development aid to tackle the causes that could underlie the next decades ways of 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 can. 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 is 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 budgets and respect for the rule of law this is an indispensable prerequisite for financial management and for implementing the budget effectively. becomes a new mechanism that will protect the budget from risks arising from violations. surely. 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 has called the planned 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 at three point six percent and the us at two point seven percent chief executive your human language said a strong and competitive you would justify 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 made a major overhaul of the existing infrastructure. a quick recharge at the terminus is enough to power this bus all the way back through hamburg the city operates twelve electrically driven busses drivers are retraining and don't miss their old diesels. indecent bills and in these places there aren't any gearboxes of course

the drive not just amounts of directly on the rear axle. that makes it a smoother ride and more pleasant. and most of all it's much quieter. than the loud 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. 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 buses was individually built making them almost twice as expensive as diesel versions it's good to know that we've decided in favor of battery technology for the process 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 process to last over the long term. but the buses 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. because none of the 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 of. 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 right hating little caps. a new era is here understand english

self-confident one of that and to kenya's female taxi driver as 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 are very few who are like fifteen of love and the number one hundred into one so far and also 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. it's the best looking at more than just sitting at home asking for handouts from. anyone i dread that that's all i'm going on and it was the easiest solution to make . the cabbies and around five hundred euros per month. depending on how many

call outs they get the feature is 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 a man mine and women are more friendly more a is it to talk to me it makes the ride more enjoyable. the job looks easier than it is the women have to be strong and self-confident probably because many men still see driving as a male demanding harassment can be a problem to obviously expected them to see a very beautiful like me in this business obviously we would but mulch the don't get into it very much you don't get once you want them you give them a one in this town. there's also an s.o.s. but in the red cases they need more support and one day these pioneers want to have

their own fleet exclusively for women. thanks to a company and seizing. more

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