the world's biggest plane maker sees its biggest quarterly loss boeing said it might even have to stop producing its ill fated 737 that's for a while if the plane remains grounded much longer. also coming up britain has a new prime minister and he supports price it at any cost and trade between britain and the e.u. already is dwindling businesses on both sides of the channel urged boris johnson to avoid a new deal break that. and how the world's gold fever is poisoning africa we look at the human toll in dawn on. this business i'm joined now on in berlin welcome boeing has posted the biggest quarterly loss in its history chiefly to blame the grounding of its best selling 737 max aircraft following 2

deadly crashes now boeing says it may even temporarily shut down production of the model. boeing is grappling with one of its worst ever crises in the same quarter last year the chicago based plane maker made over $2000000000.00 profit since then 2 of the company's best selling 737 max model have crushed one in ethiopia and one in indonesia all 346 people on board the 2 aircraft were killed crash investigators have blamed flight control software for both disasters but pushed the nose of the plane's downward the model remains grounded. boeing posted a financial loss of $2940000000.00 in the june quarter with sales sliding a hefty turkey 5 percent to $15750000000.00 the aerospace giant delivered just 90 jetliners during the 3 month period. the 2nd quarter loss included

a $5000000000.00 reserve to cover costs linked to the prolonged grounding of the 737 max that includes compensation boeing will have to pay to its airline customers for delayed deliveries many airlines such as ethiopian airlines are now turning to rival airbus. adding to its problems boeing has also had to push back the maiden flight of the triple 7 x. the new long haul wide body plane because of problems with its general electric engine the company is working frantically to update it 737 mark software to get the plane back in the air however it admits it doesn't know when it will fly again investors are rattled. ratings agencies moody's and fitch have cut boeing's investment outlook to negative as a result of the crisis. over now to wall street where our markets correspondent host eloise the hearo is standing by hi ho sello east so picking up on those boeing

results what sort of future are investors expecting as specially given these developments for the 737 max. some are more optimistic than all those you know but the result concerned out of the $737.00 mags that does not start flying again by the end of this year then boeing will will hardly its production as it was when we not only will have a significant consequences for the company but also for airlines like southwest or american among all those who we generally canceled thousands and thousands of flights and let's not forget all the orders either as specially the most reason ones coming from a g. $200.00 airplanes that also will impact those companies which make parts for the $737.00 max some investors are going from the troubles related to do small to the rest of the commercial business depends in services or quarter meanwhile dead climbed about so deep caution indicating that boeing has ample dry powder right now

to withstand these issues at least in the short term. speaking of results though boeing wasn't the only one to come out with their figures facebook's numbers are out as well any surprises. actually a good surprise is that you know revenue was up 28 percent in the 2nd quarter while facebook and manage to post $2600000000.00 even if you took aside $2000000000.00 a deal with the federal trade commission fine let's not forget the company already took an additional charge of 3000000000 dollars earlier year 4 to support us as a tool and meanwhile daily a monthly fee of users were operated percent as we know it is a do come out right after the you have to see announced a deal with facebook a really good day. company with a record of $5000000000.00 fine over a consumer of privacy violations it may sound big about the company has already set aside money we said while some critics say the. changes

will change how to operate said but also looming over facebook is the justice department later proved to us scrutinize tech giants facebook and. luis the hero there on wall street for us thank you very much for your insights. in a german corporate news a deutsche bank announced a loss of $3100000000.00 euros for the 2nd quarter it's been attributed to the costs of the major restructuring plan announced earlier this month germany's biggest lender is drastically cutting back its investment banking operations with a loss of 18000 jobs. in savings says deutsche a has already taken significant steps as part of implementing the strategy to shares were down 5 and a half percent on the news. now the keys to 10 downing street have officially been handed to boris johnson he marked the 1st day of his prime

ministership with an overhaul of his cabinet among the key appointments sajid javid this man he was a banker before he was a politician and now he's. tapped to lead the treasury as chancellor of the exchequer elby has responsibility to guide the british economy through the biggest challenge it's facing breaks it and possibly won without a deal with the e.u. the u.k.'s biggest trading partner that's something many businesses on both sides of the channel say they want to avoid. embarrassment could be the least the u.k. has to worry about if the doomsayers of its economy a proven right on the day that boris johnson gets to work on his promise to deliver brics it within a few months trading partners of warning him to go gently. german business leaders point out that even under his previous s.-a to resume a trade between the 2 countries had been falling figures put the decline in u.k.

exports to germany of more than 6 percent between january and may the united kingdom used to be the number 5 trade partner of germany and last year this fall down to number 6 and this year also 2 to number 7 so there is not directed at all and we can already see the negative impacts reacting to boris johnson's victory in the conservative leadership photon chuse day the world trade organization said it wanted to see the smoothest possible breaks it pointing out the e.u. accounts for 47 percent of u.k. exports but having been elected by tory members impatient to get out of the european union boris johnson will be considering who to listen to. gold is one of the rarest elements in the world and it's in high demand as a safe haven in times of market volatility quote gold never loses its appeal as one

of its major exporters but as miners go for gold they're poisoning rivers farmland and themselves. makeshift gold mines like this one has made many young canadian men richer than their wildest dreams. they are also destroying their lives often the damage only becomes apparent when it's too late. many of the miners handle mercury with their bare hands the metallic element is used to extract gold from sediments. but it's highly toxic poisoning every tissue it touches. it causes lung damage kidney failure tremors and paralysis in many cases exposure leads to death the symptoms are often misdiagnosed as tuberculosis.

the turner store today in western ghana has a population of around $5000.00 since 20081 of rice and gold prices led to a surge an unregulated mining dozens of young men have been dying each month no one believed mercury was to play in. we did know used to suck the mercury into our mouth and throat so that we could get the gold when she all the guys working with mercury got sick when they got sick we didn't think it was the mercury the brought about the illnesses we put into our minds that we had committed a sin against the gods. back in april their voices news agency spoke to this man who developed lung problems after being exposed to talks and while mining here's what he had to say. so if there's someone out there if you're a young man today and you want to get into water cut gold mining i say to you you

have to be careful of the dust. so i look at me now this isn't what i used to look like. a few weeks after the interview he died leaving behind his wife children and the house that gold helped him build. now you may have heard that there is a bull market for legalized marijuana in the united states but now it looks like the bears are taking over the cameras out of mari juana dispensary in colorado caught this furry invader breaking into a storage area and trying to open a trash bin as you can see it wasn't successful so the bear dragged a large metal been off into the night.

don't get high on the supply mr bear thank you so much for watching.

after. that. information. that means the stress to facebook and twitter up to date and in touch. the world population is increasing the climate is changing it's getting warmer and there are going to be more more places where you cannot grow traditional props we have to fix that some the way to do that is to use the model tonight a modification methods to make that across it is a lot safer than anything we've done by traditional genetic modification you take one to me you know exactly what it is you put it into another plant to become a map exactly where it's gone i think we will be able to provide enough food for

people by 2050 if we can make crops that will grow under a semi arid conditions this will achieve a much greater stability in the food supply than we have at the moment. welcome to trump's america. the country feels so good to hide it is still lingering in other parts of the.