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tv   Business  Deutsche Welle  March 14, 2019 12:30am-12:46am CET

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the reconquest turned into tragedy this is not the kind of freedom that we want. to didn't we become a gateway to islamist terror. an exclusive report from a destroyed city. in the sights of fire starts people eleventh on d.w. . it's a band that could have serious consequences for one of america's top companies u.s. now says it has new evidence that forces it's a ground boeing seven thirty seven max aircraft we're going to be issuing an emergency order. to ground all flights of the seven thirty seven. max and the seven thirty seven matters nine. planes associated with that. and british businesses continue to gear up for more uncertainty
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as their lawmakers reject a note that. i'm seeing there's a blend thanks for watching us president donald trump announced the immediate grounding of all boeing seven thirty seven max jetliners a move that many industry experts flight crews and passengers have been pushing for since the crash of an ethiopian airlines flight on sunday why the sudden change here's what trump had to say. any plane currently in the air will go to a nation and thereafter be grounded until further notice so planes that are in the air will be grounded if they have the seven thirty seven max will be grounded upon landing at the destination. pilots have been notified. airlines have been all notified. agreeing with this the safety of the american people at all people is our paramount concern. our hearts go out to all of those who lost loved ones
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their friends and families and both the the o.p.m. and the lyon airlines where. the seven thirty seven x. aircraft. now the grounding by american aviation regulators poses a fundamental threat to boeing's operations the seven thirty seven max is the fastest selling aircraft of all time and the backbone of the company strategy for the future the plane maker is a major blue chip enterprise or enterprise rather employing tens of thousands and it's worth hundreds of billions of dollars analysts and boeing are doing this the aircraft maker has more than four thousand six hundred outstanding orders for its seven three seven max aircraft if the orders a canceled tens of thousands of jobs at the corporations washington plants and various suppliers are at risk boeing shares on wall street of tumbled losing more than twenty five billion dollars in value since sunday's crash it's still not clear
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if the seven three seven mark series has a design fault the u.s. federal aviation administration repeatedly said the plane was safe but now has new information boeing is a giant of u.s. industry something the f.a.a. is well aware of but in the end the u.s. has joined the rest of the world in grounding one of its cutting edge products with incalculable effects on boeing and serious disruption to carriers like southwest which operates thirty four eights and nine out of a fleet of over seven hundred boeing planes. meanwhile in europe norwegian air has announced it seeking compensation from boeing for losses due to flight cancellations. and let's go now to our financial correspondent in new york jose luis to haro who is a what is boeing's response this move. as for no steven boeing is what he calls a proactive instead of out of an abundance of caution we basically tried to reassure
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its full confidence on the safety of the seven three seven. models of india and the key here is the public's safety obviously the company's says that data for the past several months especially after the lion air crash has been developing of flight controls over and paceman for the seven thirty seven max which is a still due to be released no later than april boeing has been working with us for their all ministration on these updates since that the regulators ordered the grounding based on new evidence collected side of the. crash these are still unclear if it will require boeing to make any additional changes to d.s. at flight control software and who is in know that a lot is still unknown but from what we see right now what does this mean for the company boeing that is of course for the airlines for grounding their moneymakers their planes. for boeing is stephen is
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a reputation. becomes a permanent danger zone of commercial business that's why you boring has raised over twenty seven billion dollars market value so far as of this week also any older cancellation probably will favor airbus a three twenty neil or even new comers as the chinese say might see nine nineteen that said boeing has a fifty billion dollars cash flow which it will allow the company to be able to deal with any immediate impact airlines rebooking cost. their their bottom line and in the shorter term also a full suspension of deliveries that will pose that the highest risk to the airlines says come in marks a deliveries are defocus. expansion here in the u.s. . it was a luisa horo following the financial side of this evolving story for us in new york thanks was a only day after rejecting prime minister it's recent days bragg's
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a deal brit britain's parliament voted to reject a no deal bragg's it but the risk of border gridlock still hasn't receded britain may crash out if it cannot extend the divorce process it's that risk which has already led british manufacturers to ramp up stockpiles to the highest level on record mainly food and beverage companies but also clothing chemicals electronics and partner parts makers and we visited iconic bicycle brand brompton and their factory in south london take a look. welding. spinning. and fastening on this factory floor in south london workers are assembling brompton is iconic foldable bicycles entirely by hand it's a complex task each bike is made up of over one thousand different parts. these come from belgium these come from from this these come from germany.
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there is a hub that comes from taiwan. but that could soon turn into a huge problem for brompton with breaks it approaching fast and no trade agreements signed c.e.o. will butler adams is for seeing a massive delivery problems the worst case scenario if we don't have one point if we don't have this little part the whole flipping factory stops and we've got you know one hundred fifty people doing nothing. but clear adams has invested over one million pounds to stockpile parts but he's far from happy about the situation the problem with bricks it is everybody seems to think it's number one and that's a flipping disaster it's a distraction it creates stagnation it's bad we need to be getting on with business and not flapping about rex's. despite the distraction brompton has just launched its latest electric bike but even that's accompanied by brakes it fear after all the biggest market for the new bike is the european union. and over to africa now
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some ugandans working abroad are striking it rich they sent back over a billion dollars last year collectively others are falling victims of human trafficking and exploitation julius has this exclusive. just twenty three or robot will again be owns his own house not many young ugandans possess property like this here in uganda's capital complex one of the bases of could not house boated eva if he had been sold to employment outside his country. he has just returned from the middle east where he spent four years working as a casual labor or was it previously i wasn't living a good life and i had to rely on my parents for literally everything i couldn't even afford a fun there's a big difference now we've been sending money back to our parents and this is what they have been able to do for us they've built houses for us to rent so no
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clinton's rental is. more than six hundred thousand ugandans and did they ask for a cent of a one point two billion dollars back home last year and this interim bank sees these really tenses of now supposed coffee as uganda's top for an income on this might be good for the local economy but not for some individuals i was i was hated i was dissidents picked ted i was tortured when evening to sue reader was promised a hotel job in oman she didn't know the should end up in the web of suspected human trafficking she was allegedly subjected to physical abuse and witnessed even was treatment suffered by colleagues before she was rescued and brought back to uganda eight months later in my group as we went to all of them even day one guest who went through the window and she threw herself down. because of that's
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just the station. the ugandan government admits knowledge of such cases but officials say that tracking down traffic has can be complex and hugely challenging especially in the middle east where more than seventy thousand ugandans have been hired through a lay sister cook meant agencies and over thirty thousand through illegal channels . working with the friendly. governments abroad in number of victims of trafficking have been returned home we have also. initiated a relationship with our colleagues in kenya. been having border meetings and from sharing of information on trafficking in number of people have been rescued despite reports of exploitation many gunmen still sick jobs in the u.s. if it's officially those trying to run away from high unemployment at home success
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stories of individuals like what again big and advertisements by recruitment agencies tend to outweigh other people's tales of misfortune. now regardless of the outcome of britain's trade status next month one thing likely not to be in short supply in the u.k. after brags it is champagne french champagne producers have courted around ten million bottles of bubbly in the u.k. over tariff years after brags that the french trade association expects that number to jump by another five million bottles by the march twenty ninth deadline. cheers that's it for us have a good night. to
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players. table. state. patrol. in a cool game of power and money the competition is fierce moves most important natural resource bluffing best checking how much pool to be able to play and who will win there is through we believe that renewable energy will play an
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important role in the future. but euclid acoustic show started munching on toast. lists and extravagant venues. and true hosts who really know their stuff. moves. which feel good building and definition for. the party and chat with musicians from around the world. make groups every week double. the floods have taken everything. now despair please god let the climate refugees.
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they seek shelter the couple. but even here waters keep rising. the floods are coming. starts march twenty. welcomes the well the vaults and culture with me robin merrill hit is what we have in store for you today. guitarist dominic miller is perhaps best known for his work with sting become shot with miller who's currently touring europe promoting a new solo album. and we have another installment of all baking bread series this week joel francis tells us what piece of bread has to do with the greek economy. the dutch artist has to be
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one of the greatest painters who haven't lived and the rights museum in amsterdam has the biggest collection of his works in the world now to celebrate the three hundred fiftieth anniversary of his death the museum has for the very first time put on display the entire collection which includes of course some of the most famous rembrandt paintings of all. let's go forward march this captain seems to be calling to the men of amsterdam civil defense and the group reaches for their muskets this painting is like a snapshot capturing the dynamic of men about to mobilize it's the most famous picture in amsterdam thanks museum the night watch by them kind from a fine remember. a genius i mean. he is one of the few artist in even with them.

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