problems are always the same point to the social inequality that the freedom of the press. week on the 4th just a sign and when it comes to the fans the humans on the scene are my 2 phones who have decided to put their trust in us. my name is jean paris and i weren't. u.s. fed leaves interest rates unchanged but it leaves the door open for a later cut so what does that say about the american economy and about the central banks independence from a pushy president. also on the show the u.s. hopes to bolster its coal power plants unveiling new rules that scrap of emissions targets and will likely slow the shift to renewables. and we'll take you to

a school in world gonna where the power of play is helping to keep the lights on. welcome to business i'm stephen beard sambolin thanks for watching. the federal reserve has left the key lending rate unchanged in the 2.25 to 2.5 percent range but some fed officials apparently expect a rate cut by the end of the year announcing the decision fed chairman jerome powell pointed to concerns over weakening global growth and volatile international trade relationships just a day ago similar preoccupations prompted the european central bank to signal that it's ready to introduce fresh stimulus measures to boost the eurozone economy. and let's go now to our financial correspondent in new york. younes what's behind this is. well i mean we clearly saw that the federal reserve at least cleared the way verbal e.

for a possible rate cut by end of july even if the monetary policy is not put on autopilot yet a lot will actually really depend on how trade talks will go on specially next week when ping and donald trump will meet at the g. 20 summit in japan overall the economy is in pretty good shape but weaker global growth and those trade tensions that. uncertainty and that's why the market does expect a rate cut latest by the end of the year. now yes we know that u.s. president donald trump has been badgering jerome powell for awhile to cut rates and badgering maybe putting it politely what does this decision tell us about his effort if anything. yes that is the big question if actually finally the

pressure has been too big not just from the white tells but also from wall street because traders here are expecting for quite some time now that they are probably by the end of july we will get a rate cut so if all of a sudden the federal reserve would decide to not cut rates so that could be actually a disappointment for the markets had clearly also for a u.s. president donald trump i would say it's unprecedented that we've seen so much pressure from the president on the head of the federal reserve and then we shouldn't forget it's actually not just the decision of fed chairman to cut rates or not there is a committee there is 17 members and at this point 8 are in favor of at least one rate cut in this year aides are still hesitant and one actually is even proposing a rate increase so all of this clearly points that there is not some common sense at this point and

a lot will really depend on how trade talks continue where we look at japan next week so we've got one out of our way was the fed meeting so now let's look at the at the next hurdle next week with a g. 20 in japan and i'm sure we'll of course talk about it with you at that time ins corded there for us in new york. mexico has ratified a new trade deal with united states and canada lawmakers there voted overwhelmingly to greenlight the pact which replaces the old nafta agreement the approval comes during a period of heightened trade tension with united states earlier this month u.s. president donald trump threatened to impose tariffs on all mexican imports if the country failed to reduce migration the new deal dubbed the us mexico canada agreement still needs to be legally approved by the other 2 countries. and the u.s. has finalized the clean air measure to replace an emissions cutting plan from the

previous obama administration the new rule it out today by the country's environmental protection agency in specific emissions targets all together and gives energy companies an incentive to continue using coal plough powered plants. protecting jobs in the coal industry was one of donald trump's campaign promises the us president honored this pledge with the introduction of the affordable clean energy rule individual states cannot decide for themselves whether to upgrade efficiency measures at existing coal plants rather than punishing u.s. production and yielding the marketplace to chinese coal which is what the obama clean power plant did we are leveling the playing field and encouraging innovation in technology cross the sector we set the gold standard for cleaner technologies here in the united states if we don't develop the next generation of clean coal

technologies here in the u.s. no one else will present than call an e.p.a. chief and 2 wheeler a former coal industry lobbyist set fossil fuels will remain an important part of the u.s. energy mix. environmentalists are appalled they fear the new rules will lead to increases rather than cuts in carbon emissions they see if it 3 for the big polluters. under obama's clean power plan in 2015 c o 2 emissions were forecast a full 30 percent by 2030 compared to 2005. the u.s. is deeply divided on climate policy coal mining regions hope to keep their jobs environmentalists are worried about climate change the state of new york has already announced it will file a lawsuit against trump's new energy plan facebook's plan to introduce its own digital currency called libra is facing a backlash and not just from anyone the g 7 the group of the 7 leading economies

have given the plan the thumbs down french finance minister bruno lemaire insists that only governments can issue sovereign currencies he asked central banks from the group to deliver a report on the facebook plan by mid july. could this be the governor of the world's next central bank when libor becomes usable across facebook's apps including instagram and whatsapp possibly as soon as next year they could well become a rifle for traditional currencies mark zuckerberg is promising money for the modern world i believe that it should be as easy to send money to someone as it is to send a photo. so we're already testing this in india we've got a 1000000 people it's been used a lot in the feedback so far is great and we're already working on rolling this out in a number of other countries later this year but the feedback from key financial figures in europe hasn't been so great french finance minister prunella mass says it's out

of the question that libor should become a sovereign currency the governor of the bank of england mark carney has said it will need to be subject to the highest standards of regulation security is one of the biggest concerns what with facebook's record on protecting data and let's point out it's not the most obvious organization to trust with your money facebook has to convince us that not only should we not worry about privacy concerns when we share stories or when we browse the internet through the social networking but financial transactions are now safe as well that's a big that's a very tall order. this rather humble looking office block in switzerland is the official registered home of libra facebook has promised to keep its house in order and avoid the volatility of other cryptocurrency by taking libor it's a real assets and a number of government backed currencies don't need to convince uses and financial leaders around the world the lever is backed by more than just look.

european aviation giant air bus has sold 50 new long range planes to american airlines the deal announced at the paris air show is a major boost for the a $321.00 x.l. or model which was launched this week and has yet to be built its a long range version of the popular single aisle a $320.00 and the order is set to heighten pressure on u.s. rival boeing which came to paris under a cloud after a 737 max jet was grounded worldwide following 2 deadly crashes. over africa ask any parent children have surprising amounts of energy and what if you could harness it into well real energy a clever project in ghana is doing just that to the benefit of the children themselves. this is the moment they've been waiting for the pupils at this school in western ghana aren't only excited about writing the kyra cell they're also eager to see what happens when they do why because this is no ordinary piece of

playground equipment each spin produces enough electricity to power forcing rechargeable alie de lamps which the kids are allowed to take home with them in the evenings. after school they'll get. home away. knowing they were all given e'squus that i don't that's why i didn't do my homework so this study. that this story is and then. he said to. me. the carousel was donated to the school by an organization called empower play grandes it's one of more than 50 of the kind across ghana the concept of course on plans are ready in the works for more. than that. and i would guess that just on the ground that goes into the head must the office where the children and they discovered that intellect energy and they used to charge portable every day

ranting. to the hof like to stay to hold. their lamps enable people to with no access to electricity to do their homework after dark many of them spent the daylight hours that remain after school helping out in the fields or at home. for i was only able to study at home when my parents didn't need the lights now i can study together with the other kids. in the evenings the children often gather together to do their homework under the lights of the lamps. beneficial yet night from the playground memories and electricity they created searing the day. ah great story there and that's it for me and the business team here bill and i'm sitting beardsley that's watching.

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a fairly. good link to school in africa the more old story link to exceptional stories and discussions. of easy to ally with safety deputed come smutty come join us on facebook at g.w. africa. forum. i am. i am i am. 50 years since the. sheik was the 1st man to walk on the moon. there's a small boy she dreamed of the stars. as a pilot she flew anything no matter how to introduce. the church or go to the pole .

as an astronaut she took part in the greatest adventure in history. the point to. the room the legend was simply a should be. was neil armstrong. was his destiny starts july 20th on t.w. . hello there and welcome to our arts and culture news i'm karen homestead and here is what we can expect in the next quarter of an hour. lens humbled for what was the welcomes its 1st artifact a giant vault door that some see as a symbol of the city's rebirth after its called for division and of the city's

techno music revolution. fail and in our series you need the germans rachel stewart talks us through a raft of english words that get lost in translation somewhat in german new switch up. but 1st we start on a far away stage in the world's 2nd largest film market the 22nd shanghai international film festival is currently on until june 24th that's one of the biggest film festivals in asia. and although its main priority is to promote the development of the chinese film industry it does have an international panorama section that gives foreign directors valuable exposure. for instance germany's stefan c. cruz documentary the inner light is on the official program a gentle exploration of life for people with dementia 6 film which from marriage to .