nice kosovo's independence following the balkan wars. an apology if not quite the acceptance of responsibility that's what boeing shareholders heard from the big boss in their first meeting following two recent fatal crashes but is that not. also on the show imus all workers of the world unite demanding same day delivery of better working conditions. and japan's emperor steps down marking the end of an era for the world's third largest economy. welcome to the business i'm joined now on in berlin good to have you with us standing outside bowing shareholders meeting protesters called for the american plane maker to face prosecution for the two fatal crashes involving its seven three

seven blocks model and side shareholders demanded to know whether boeing did enough to ensure the safety of the plane its fastest selling jet now grounded all over the world since then boeing's first quarter profits have led twenty percent in a chair price by ten. is the first shareholder meeting since two fatal crushes involving boeing seven three seven max and folded into one of the biggest crises to hit the american playmaker we have boeing or sorry for the loss of life in these tragedies and they continue to weigh heavily on us we recognize the devastation to the families and friends of the passengers and crew members and extend our deepest sympathies to all of their please join me in a moment of silence at this time to honor the three hundred forty six people who were on board those two flights. but there was tough

questioning from shareholders some wanted to know if the seventy seven max production was rushed and whether that led to forty feel safe mechanisms a common link in the chain of events leading to both impressions was that bad sensor data triggered an anti still system designed to force the plane's nose downward we know we can break this link in the chain it's our responsibility to eliminate this risk he said that boeing was making steady progress towards a software update that would keep such accidents from happening again regulators could be about to find out if his bright they are set to test the software next week our financial correspondent host san luis de haro followed the boeing shareholders meeting for us a soloist good to see you now do you have the sense that boeing managed to placate shareholders. somehow you know even tensions are big when born shareholders and c.e.o. were high it is true that the outcome did not end up in an open war as some expected

the company's shares so were is likely down which is always a good reference to know what investors are thinking and then. insisted that the seven thirty seven not so was a knock rush in that production he said that the plane took six years to develop and that the equipment had been deemed safe and he reassured that safety is top priority another sign that shareholders are still hold some kind of concrete and say muhlenberg is a bad one proposal that would have separated the positions of chairman and c.e.o. both of which are now held by fell short of a majority but there are also have been media reports of whistleblower calls from within boeing warning regulators of safety issues with the seven three seven max now did boeing react to that at all. for some of the reports you mentioned you know boeing c.e.o. insisted that the company don't make safety features optional and that every one of

its airplanes includes all of the safety features necessary for safe flight that's said and questions remain as to whether boeing did everything it could to ensure their planes were as safe as possible and as for now a million berger noted that the company is getting close to us of were fakes and that boeing's initiatives that will be on some of the early commercial flights once the seven thirty seven return to service thank you both hello nice to horo there on wall street for us. now staying with the wall street google's parent company alphabet published disappointing figures after trading hours its first quarter revenue came in below market expectations dropping more than thirty percent on the year the talk of long failed to benefit from the positive u.s. economy amid pressure from record fines that's left some investors concerned alphabets google and you tube face many challenges the company's privacy practices

are under increasing scrutiny triggering more efforts to restrict advertising that appears with potentially offensive content. just a few months ago amazon workers rallied behind the hash tag we are not robots a campaign against what they say are unreasonable working conditions since then they've learned there is strength in numbers amazon labor representatives from fifteen countries met in berlin on monday to coordinate their strategy against one of the world's most powerful companies. more than fifty trade union representatives from all over the world have gathered in the german capital for a two day meeting. they're comparing notes on working conditions in amazon's logistics centers around the globe. south america is a new market for amazon and workers there want to learn from others with more experience in gaining better conditions. it's very important for like you know

everybody here in europe absolutely but it's also very important for their workers in south america because this is like an unknown territory for us and the sun is just getting into a lot of america our employees complain of low salaries and they are demanding collective bargaining agreements or at least a more formal dialogue with management they hope their cross border solidarity will make amazon more open to negotiations. well for one thing we've learned that we're not alone we've learned that we're facing some of the same challenges everywhere in the world you have fifteen countries in the room today and we all have the same experience as amazon expands its operations to more and more countries union leaders are now taking steps to help workers everywhere speak with one voice. if the u.s. has its way a ring and oil exports could completely dry up in may the run up sanctions are likely to lead to a deepening recession up to six percent according to the international monetary

fund the organist's the organization has also warned that the conflict between iran and the us could end up the stabilizing the entire region. here in teheran people are exchanging rio's as fast as they can faith in the iranian currency has fallen dramatically it now takes a stack of them one hundred forty four thousand at the moment to purchase a single dollar and most people fear the u.s. sanctions will drive the rio down even further. of course the country's revenues are going to drop and maybe the real value will drop as well and the end of the pressure that they're putting on is pressure on the people their social level yes. some people have fixed limited wages like us when prices rose we had to change a lot of things our rent went up. then we were forced to spend our money on rent

instead of food before us and. the i.m.f. has warned that inflation will drive prices even further in the country this year and that would drive many more were amiens into poverty this would have. an impact on social specially that the sanctions have led to an increase in inflation where. inflation. reaching levels off fifty percent before of course in any economy will suffer recession the iranian government says it's considering counter measures to u.s. sanctions and it's even threatening to close the straits of hormuz a key passage for international trade. japan marks the end of an era with a historic abdication of emperor akihito it's the first abdication in two hundred years and a big event for business the ascension of crown prince a narrow hito to the throne promises to give breweries hotels shops and restaurants

a huge boost. these two blunt to tie the knot before the end of the outgoing he say era which means achieving peace and they're far from the only ones the wedding industry in japan has taken off since the start of april when the enthronement celebration dates were confirmed. for us this year will be a year with a lot of memorable events with the last year of the he say era will be one we won't forget any time soon. for some. other businesses are also looking to cash in on like this stamp maker in the new era which means beautiful harmony people will purchase products like calendars and letter paper bearing the new stamps. experts expect private concert. derived by over seven point five percent during the ten days of the celebrations. which in turn.

off because more things are going digital the hunt goes stamp business hasn't been doing so well in the last three years but we see this as a business opportunity and i think the change to the new era is a good thing for the. brakes known as the golden week holidays take place every year but this year due to the enthronement they've been extended to ten days and many people will have the entire time off work the country's biggest travel agency says a record twenty five million japanese are expected to travel during the period and that will benefit hotels restaurants trains and many other service industries. in march there was talk of an impending recession but experts are now saying the celebrations could well drive up economic growth by a quarter of a point in the second quarter and manufacturers don't seem worried either carmaker toyota said its plants would remain closed for nine days not everyone's excited

about the party though even the stock exchanges are closing and some traders worry the shutdown will have an impact on the yen. and that's it for me and the business team in berlin for more business news and features you can always visit the e.w. dot com slash business thank you so much for watching.

shifting powers be old order is history the world is reorganizing itself and the media's role is to keep the topic in focus of the global media forum twenty million today one out of two people is online who are we following them to we trust to beijing and shape the future at the georgia dome and global media for twenty nineteen. we're not here to join you but to eliminate prejudices. we're not here to change your opinion but to open some space for different points of view and we're not here to speak on behalf of anybody but to let everybody speak for themselves. not here to give the right

answers but to ask the right questions. we're not here to indoctrinate but to listen. plus ninety connect to an unbiased agenda subscribe now on you tube. the thing. that the world has changed weather is getting more extreme.