so boeing does essentially own embraer, you're going to see shares of embraer come back and that's what we're seeing, again, the government official that has been quoted both in dow jones as well as "financial times" saying, look, we still see the government should maintain some control of embraer again, negotiations are going on this is not finalized. this doesn't mean the deal is dead but this is an indication that there is resistance in brazil to an outright sale of embraer to boeing >> phil lebeau, phil, thank you very much. i'm sure we'll get more on that as the day goes on. >>> if can you spend time on many parts of the internet or read certain headlines you might think the world is coming to an imminent end and the country is suffering bigly. if you focus on the numbers, job growth, earnings, the stock market, things don't look nearly as grim, in fact, they look pretty good. so, why has the stock market been able to pull a taylor swift and shake it all off let's welcome in chris, chief investment officer with inde independent adviser alliance and mark, president of intrepid capit

aerospace industry aircraft maker boeing is held multibillion dollar talks for a takeover of brazil's embraer now the deal should it go ahead would combine the world's largest aerospace company with the third largest passenger jet maker the brazilian government would have to sign off on it and the two players have only confirmed they've had private talks but the move is being viewed within the industry as significant with advance of consolidation wave sweeping through the aerospace sector now you might remember knocked over european rival airbus secured a controlling stake in the c. series jets from calendars bombard. and there was also in focus this week here in the middle east demanding an apology from the united arab emirates after the u.a.e. banton is in women from flying to the gulf state or transiting its airports in retaliation to buy based emirates airlines has been banned from operating flights to and from tunisia charlotte ballasts reports. this was the scene at tunis airport on friday as women turned up for flights the start of a u.i. travel ban against women and girls of all ages

accused of trying to cover up the outbreak and is facing hundreds of lawsuits let's talk now to peter embraer who's a for food safety scientist at the world health organization peter thanks for being with us how do you go about containing an incident such as this this is a very difficult event because of the size and amount of products being recalled as you've named months and you also named a number of countries where this product has been exported so actual we have been helping doos. eighty countries to. receive specific information about what they have imported so they could also recalled. products from their markets so it's a very complex and logistically challenging event how does. the bacteria the causes the illness that with the food poisoning how does it get into the product in the first place. it can come in in two different true different ways either true or environmental contamination in the factory which is apparently what happened in these times but it could also enter with a lot of different ingredients being used in the production of these very specialized infant formula produc

the two companies. are choosing to travel by air. the company's proposed tie—up with brazilian firm embraer earnings. reserve as well which will conclude its monetary policy meeting today. growth rate in the last quarter of 2017. we were just chatting about janet yellen! manager at pimco. good morning. meeting in charge but she's had a pretty good run, held a steady ship. pretty good run, held a steady ship. well and she should take some credit for that. for that. effectively zero and that, a couple of years ago, was a very big deal. of years ago, was a very big deal. the system and she has achieved that well. she's done a good job. tapered tantrums that we saw previously. previously. rate rises, for example, it has taken in two years to get up to 1. taken in two years to get up to 1. 5% from 0. from 0. which has been the right thing as it has turned out, so good job. has turned out, so good job. lots of infrastructure spending and us business will like that. us business will like that. like the theme going forward is infrastructure spending. infrastructure spending. and that can be a very