35 Burst results for "Lufthansa"
A Look at the Early Life of Jimmy Burke Aka Jimmy the Gent
"Let's take a look to see where jimmy burke came from. He was born in the bronx new york so he never strayed too far from his birthplace. Like a guy like by the state up in plattsburg missouri. Why it ever got out of clinton county. He was the illegitimate son to woman named jane. Conway who was a prostitute was actually an immigrant from dublin ireland so he was a real irishman. He was the son of an immigrant directly from ireland. The name of his father was never known. The mother may not even know who the father was at the age of to the social services in new york city took little jimmy conway and put him in the first of many homes and also being some orphan homes or whatever they not enough they're calling orphan homes anymore they call them group living situations more than likely but a large part of his early years was spent in an orphan. Home ran but roman catholic. Church ran by nuns. They'd say that after she gave him up at age two. He never saw her again. Now as with many of these throwaway kids he was in a lot of different places the institutions but a lot of different foster homes. These people take in kids and some of them are good so mark good. They're just doing it for the money and and take a man for Sexual reasons so he would suffer physical and sexual abuse. In some of these different places he had a pivotal event that really shaped life at age. Thirteen again at argue martha foster father while drive a car that the man turned around a smack burke in the back seat. And we've all been there you know. Don't make me reach back there and whack you anyhow when this guy did this. He crashed the car and he died the disease man's widow plane burke and gave him regular beatings until he was actually taken back into social services in place with another family. The next one sometime. After that i don't know if was one directly after that but as sometime after that a family named burke which is worried in with this name berg took him in as a foster child and they had a he would say later. That claim comfortable and safe environment and he loved those people. he lived. daddy's teenage years on rockaway beach close to ocean promenade. You guys it live in new york city and know that you'll know exactly where that is and they never really stray too far from there either. Gone across the bay. Just a little bit said burke would never forget their kindness and for the rest of his life he would visit these foster parents on special occasions and when he started making some money start leaving large amounts of cash unmarked envelopes forum periodically. The burk family had adopted him so he took the family name and koeppen some say that he buried part of the nineteen seventy eight lufthansa heist some of the lute that was never found at the burke house on their property.
"lufthansa" Discussed on Kickass News
"He could find henry and tommy walked into the building. Robert mcmahon was working that night and they spotted him nearby. If anyone asked henry tommy who they were they would say they were passengers. Who were looking for their luggage. And mcmahon would pretend you didn't know them but if trouble came up mcmahon would be there to make sure henry and tommy getaway henry and tommy walked to the strongroom. They made sure no one was looking then. Henry inserted the key and gently casually turned it and the door opened inside. There were seven stacks of money. Henry grabbed all of them stuff them into his suitcase and walked out as if nothing had happened. He and tommy strode out of the building as easily as they had arrived. According to henry mcmahon thought they were leaving empty-handed henry suitcase must have weighed a ton with all that money in it but he was so excited he carried it as though he were floating. That was april eight. Nine thousand nine hundred sixty seven sure enough. No one from air. France other than inside man. Robert mcmahon knew about the robbery for three more days. The newspapers ran their. I reports on wednesday april twelfth. And when they did all of new york city new that four hundred twenty thousand dollars had disappeared from. Jfk airport adjusted for inflation. That's almost three point. Four million dollars today the f. b. i. jumped on the case but the investigation was pointless. Almost immediately. nearly a quarter of the money had gone to the crime. Bosses already sixty thousand dollars to paul vario since he ran protection for the robert's lounge gang and sixty thousand to a capo for the rival colombo crime family. According to henry it was insurance in the complicated network of territories the lucchese family and its associates could rob trucks and storage rooms. But the colombo's ran the airport itself. So paying off colombo. Captain kept everybody happy henry. Jimmy took some of the money and partied in las vegas and restarted an illegal betting operation and opened a lounge of his own. He called it the sweet it started as a legitimate business but then quickly became an emporium for stolen goods. The air france robbery was an impressive early victory for the gang. But there were hard times ahead and the money wouldn't last after some trouble in florida. The gang would have to make fast money and they would turn their sights to.
"lufthansa" Discussed on Kickass News
"Italian which meant he could never be more than an associate. Tommy was just seventeen years old when he began working with henry. And jimmy burke he was anxious to prove himself and the ad naturally violent temper and he also carried with him a healthy dose of insecurity because one of his brothers became an informant for the fbi. Tommy's characteristics proved to be a lethal combination for michael junko. One of the most infamous scenes in goodfellas happened in real life. Tommy seemed to take pleasure in tormenting others and michael. Junko who was nicknamed spider learned that the hard way spider did odd jobs around a bar. Restaurant called robert's lounge which was owned by. Jimmy burke one night a few of the gang were drinking in the basement of lounge and spider was serving drinks. Tommy wanted to have a little fun. He told spider. Today's when spider refused. Tommy shot him in the leg. One of the men took spider to the hospital and the doctors put spiders leg in a cast a week later. Some of the gang were back in the basement drinking and playing cards. Tommy jimmy and henry were all there and so was spider with his cast. Tommy started teasing spider about his leg and then spider made the last mistake of his life. He reportedly told tommy to go. Fuck himself. Jimmy was impressed. Tommy was not the gang briefly teased tommy about the incident. And that push tommy over the edge just as they resumed their card game. Tommy pulled out a gun and shot spider three times in the chest. Michael spider bianco died on the basement floor of robert's lounge jimmy as the owner of the bar was probably serious but because tommy was so well connected. There probably wasn't much. Jimmy could do about like henry hill. Jimmy burke had irish ancestry which meant he could never be a full member of crime family and he had to walk a fine line with those. Who could like tom. Jimmy was twelve years older than henry and twenty years. Older than tommy. Jimmy was born in new york and had a hard childhood. He entered the foster care system when he was two years old and suffered physical emotional and even sexual abuse as he transferred from home to home like henry. Jimmy's involvement in the criminal world started small. He had a little money and he got into loansharking and bookmaking and for the uninitiated that meant. He loaned people money who couldn't get a loan from a place like a bank and he charged hefty interest and he accepted bets on things like sporting events and political races. Jimmy was friends with paul varo. Who owned the cab stand. Were henry got his. Start with paul's help. Jimmy's business grew and jimmy became one of the most respected and notorious criminals in the city. His nickname was jimmy. The gent because it was charm is lively attitude and his generosity in certain situations. Jimmy would arrive at a nightclub and give the doorman of fifty dollar tip just for opening the door. He tipped everyone generously from the bartenders to the servers but his generosity didn't extend to people who couldn't pay back their loans or their gambling guts. Jimmy was ruthless when it came time to get his money which meant most people paid on time which meant jimmy was a good producer for the crime. Family's jimmy started to guide. Henry's career when henry was sixteen years old. The police arrested henry in connection with a credit card scam. It was. Henry's i arrest and he refused to give the police any information that would implicate the capo hall vario. Or he's crude. Henry earned instant respect and spent the next few years learning from jimmy by the late. Nineteen sixties jimmy henry. Tommy as well as other associates were a crew of their own. They operated out of. Jimmy's bar robert's lounge which was close to jfk airport and in one thousand nine hundred sixty seven. The robert's lounge gang learned of a possible score that would be its biggest to date by far. Jfk airport was the mafia's piggy-bank it had been attempting prospect since its construction in the nineteen forties back when it was known as idyllwild airport for one thing the airport was built on five thousand acres of land. It was a massive complex and hard to monitor all at the same time and for another from the second it was built. It became as important to new york as the docks had been at the turn of the century. Scores of people and products moved through the airport at an incredible rate by nineteen seventy five the value of goods that traveled through. Jfk in a year were estimated at thirty five billion dollars adjusted for inflation. That's roughly one hundred. Seventy four billion today and the mafia regularly carved off pieces for itself. Security was as tight as possible inside the airport complex but when items left the airport they were easy targets for hijackers most items were driven out on trucks. The gang would pull over the truck take the stuff and either threaten the driver or give him a cut of the profits other money making ventures revolved around gambling. More than a few workers at jfk had gambling habits which crews like the robert's lounge gang were all too happy to enable. The workers often bet more than they could afford and that left accrue lie. Jimmy's with a problem. If a person truly didn't have the money and had no way to get it. The no beating wasn't going to magically produce so jimmy and paul vario developed a system if a debtor couldn't pay in cash jimmy would forgive the debt in return for a small service that usually meant providing information about valuable cargo at jfk airport. And that's how the robert's lounge gang learned about shipments of money that went through the air france cargo building. Robert mcmahon worked the night shift at the air france cargo building. He liked expensive things and to finance his lifestyle. He participated in a series of hijackings robberies and frauds. He was an inside man in a valuable associated again. It was normal for henry to stop by jfk and talked to mcmahon and one day in nineteen sixty seven mcmahon had some juicy information air france was in the process of replacing the old storage road which was just a wire cage in the lost luggage in the cage was going to be replaced by a new strongroom. There was made from cement blocks. This wasn't really news on its own. But here's the key during construction. All the high value cargo was going to be stored in the cargo warehouse right up front that included bags of cash. Sometimes several of them at once in this instance the bags contained packages of sixty thousand dollars. Each mcmahon assured henry. The taking the money would be easy. They would just need a few guys with guns and in short order. Walk out with at least two hundred forty thousand dollars. Henry passed the information to jimmy. Jimmy liked the idea and gave the go-ahead that very weaking henry. Tommy and two associates rented a getaway car tacked on some phony license plates and drove to the airport and that's when they realized it wasn't going to be as easy as mcmahon said. There were lots of people at the cargo office and this wouldn't work at all in an armed stick up. one or two witnesses were acceptable. You could get a handle on them by convincing them that if they talk to the cops would be the last conversation they ever had. But with this many people there was no way to guarantee silence from the wiz so henry and his crew left. They needed a different strategy and while they brainstormed they realized that know the problem they needed more advanced notice of shipment than they could get at the time there were just too many things to organize and it couldn't be done at a moment's notice eventually so much time passed that the new strongroom was done. And shipments of cash were now safely locked inside but the gang was undeterred. They needed another new plan and soon enough. They figured it out. It sounded like something out of a spy novel but it was real life. There were only two men with the key to the strong room. A security guard in the cargo supervisor. The security guard took his job very seriously and never let anyone touch the key. So we'll be incredibly difficult to get it from. So henry and his crew focused their attention on the supervisor and after one trip to the man's apartment they knew what to do crew waited until the supervisor had a day off. They thought he'd leave the key at home when he didn't need it. Robert mcmahon took the supervisor out for drink one evening which gave henry in another guy. The chance to break into the supervisors apartment. They searched for the key but couldn't find it. Henry realize the supervisor carried the key to the strongroom even on his days off once again this was going to be harder than they thought but the break in wasn't a total bust henry and his partner noticed something. The supervisor lived a bachelor's lifestyle. His apartment was pretty small and there were magazines everywhere. Some were true crime detective magazines and some were erotic magazines. At that moment. Henry believed he spotted the supervisors weakness. The goal was to distract a supervisor. Steelers keys make a copy of the one to the strong room and then put them back before he noticed they were gone. The first step was to prove that the supervisor could be distracted mcmahon in henry hired escort mcmahon told the supervisor that she was a friend and over two weekends. She successfully distracted the supervisor. She was able to keep him busy for at least ninety minutes which should have been enough time to make a copy of the key after the second weekend mcmahon called henry. He said he'd heard there was between four hundred and seven hundred thousand dollars coming into the airport next friday. There was no more time for rehearsals. This was it. If all went smoothly the plan would go like this. Mcmahon the escort and the supervisor would meet at a motel bar across the street from jfk. Then all three would go up to a rented room and change into bathrobes that would be provided by the escort when they changed into the robes. The supervisor would end up leaving his keys behind probably in his pants pocket as they walked out of the room to go down to the steam room. Mcmahon would open the blinds a little bit as a signal that they were gone at that point. Henry and tommy would sneak into the room with a key that mcmahon had hidden in the hallway. They would take the strongroom key to the closest locksmith. Make a copy and return it without the supervisor suspecting thing. The locksmith closed at seven pm. So the evening was set to start at five thirty but right away there. Were problems mcmahon. In the supervisor arrived at the motel bar thirty minutes late when the escort arrived. The supervisor was slow to go up to the room. It wasn't until six thirty that the three of them finally went down to the steam room. Henry and tommy raised up to the motel room. Grab the supervisors key ring and hurry to the locksmith. When they arrived he was already closing his shop. They begged him to take one last order. He reluctantly agreed and asked which ki- they wanted to copy. Henry then realized a critical problem he had overlooked. He didn't know which key was for the strong room. The only solution was to copy all eighteen keys on the ring and that created another problem. The locksmith only had fifteen. Spare keys available. The man got to work and copied fifteen. Keys from the supervisors ring and henry and tommy just had to hope that one of them was for the strongroom. They grabbed their copies and rushed back to the motel. They returned the supervisors keys while the man was still in the steam room. Now they would have to wait until the next morning to find out if the plan had really worked the next morning henry drove to jfk. En- gave mcmahon the copied keys. Henry waited by himself. While mcmahon disappeared into the building to test the keys. Henry was sweating if all that work had been for nothing but then mcmahon came back and he had a big smile on his face. He held up a key. They had a winner and not only that but there was money in the strong room. Right now a shipment had arrived last night if they were going to steal it. They should do it tonight. It was a saturday and a truck wouldn't pick up the money until tuesday. By the time someone noticed the money was gone. The robbers would be free and clear after all the false starts and headaches. The job could still end up as sweet. As when mcmahon. I proposed it so henry and tommy got to work. They rented a car under a fake name and replaced the real license plates with phony plates at eleven forty pm. They drove into the parking lot of the cargo office. They waited until shift change. That's when henry. And tommy made their move the god out of the car and walked to the building. Henry carried the largest suitcase.
"lufthansa" Discussed on Kickass News
"From black barrel media. This is infamous america. I'm your host. Chris wimmer and this season were telling a six part story about one of the biggest robberies in us history. The nineteen seventy eight. Lufthansa heights this is episode one. The robert's.
"lufthansa" Discussed on Kickass News
"In april of nineteen. Sixty seven a cargo supervisor. Jfk airport couldn't believe his luck. He worked for air france in ordinarily he led a quiet life. He went to work earned modest pay and returned home to stacks of magazines. That piled up over time but tonight was nowhere near ordinary. He was currently in the steam room of the jade east motel right across from the airport and he wasn't alone. A beautiful woman named clementine was in the steam room with him. One of his co workers was also there and that might be a drag. But it probably wouldn't be for long. The coworker had introduced him to clementine. And if tonight was anything like the past couple of weekends. The coworker would take off and leave the supervisor and clementine to have a private evening together but they were just a couple of things. The supervisor didn't know i none of this was love. It was all part of a plan. Second clementine was being paid to distract him because third while the three of them relaxed in the steam room. Two men were upstairs. Stealing the supervisors keys so that they could relieve air france of the burden of scoring hundreds of thousands of untraceable.
"lufthansa" Discussed on Kickass News
"You're listening to an airwave media. Podcast hi folks. Ben mathis here this week. I want to introduce you to an airwave media. Podcast that i think. You'll really love infamous america combines. Two of my favorite genres history and true crime. Each season the host chris wimmer covers the wildest darkest chapters of america's passed in the most gripping and dramatic fashion with cinematic music and sound design from assassins gangsters in law men to manhunts scandals and unexplained phenomena infamous. America is highly enjoyable recent seasons of covered bonnie and clyde benedict arnold. The miami drug wars lizzie. Borden d b cooper. John wilkes booth leopold and loeb. The- salem witch trials and john dillinger just to name a few in just a moment. You'll hear episode one of the latest season of infamous america about the notorious nineteen seventy eight lufthansa heist involving one of new york's biggest crime families and nearly six million in cash and jewellery. It was the largest cash robbery ever on american soil at the time and it remains one of the longest investigated crimes in america with the jewels and money still missing to this very day. So subscribed to infamous. America on apple podcasts. Spotify or wherever you get your podcast to binge all of season fifteen the lufthansa heist and now enjoy episode one. The robert's lounge gang listener warning. This episode contains a brief.
Airline IT provider hacked, frequent flyer data breached
"Ticket processing and frequent flyer data from major global airlines has been act and travelers personal data has been exposed Airlines technology services company Sita says the hack affected Singapore Airlines, New Zealand, air and Lufthansa customers and others, potentially exposing their personal information. United Airlines separately reported on Lee customer names, frequent flyer numbers and programs status. This could be accessed. But United is telling its frequent flyer customers to change their account Password again. This AP
Airline IT provider hacked, frequent flyer data breached
"An airline services company which handles some booking duties for hundreds of airlines reports it's been hacked and that customer data was exposed the company's sida it handles things like ticket processing and frequent flyer data for hundreds of major airlines around the world see this is the hack was confirmed late February in the customer's personal data was exposed including that of star alliance and oneworld members Singapore Airlines New Zealand air and Lufthansa are among those affected United Airlines has reached out to its customers saying only names and frequent flyer numbers were potentially accessed but United passengers should change their password on frequent flyer accounts I'm Jackie Quinn
Germanys digital identity landscape with Verimis Roland Adrian
"Hi roland oscar. Nice looking with you on and really happy to hear what is going on in germany in terms of identity in or ever seen related to that and happy to know more about very me very baheren hearing berry meal ready for the last year. San diego need to hear more details. What are the are building offering today so. Please tell us your journey how. You became the managing director very me. Yeah thanks you can. The many thanks for the invitation. Let's here and talk to you a little bit about the markets in germany. So yeah what was my journey becoming managing director of very me. Actually my journey professional. Johnny started twenty five years ago. When i started my career in consulting. Then some stations cashed out which is a department store group. And then i founded multi-platinum loyalty scheme together with start at telecom and from there. I moved to payback. Which actually is janis leading multi partner loyalty scheme. They are quite some markets worldwide than india mexico italy. Us and from all the travel. I got introduced to lose tons of course and became the ceo of lufthansa mice and more during that time. Actually i realized that the future is more. And more about seamless customer experience. Because if you look at lofton's in many cases the real loyalty benefits that you can get there. They actually translate into a real seamless customer. Experience that you get you look at all the tracks for security and immigration priority boarding presort seating in the plane actually the customers tend to reward benefits in their experience much more then any loyalty currency and so at the moment where then lufthansa invested into very me idea for me. It was very clear that this would be an exciting next step for me personally. So i decided to switch over to meet to be the ceo of me and push forward at digital identity to provide seamless customer experience for the users and i can induce that lufthansa is one of the funders organization behind very me. But let's more place for the ones who are not familiar with very still bear me does. In fact lufthansa there's actually one of the investors and we have altogether thirty very large companies in germany that invested into the very idea and a lot smaller companies are really known brand. Names such as liens deutsche. Bahn dot eubanks lufthansa dodger taylor com dime la some song fox button so all very large companies that invested into very me to establish of wallet of digital identities so that was the driving force and i think when we will talk about the market later on we will see that it was a very good moment to invest into such platform because the market urgently requires the platform and there's pretty much empty space currently in germany. And what we provide as bury me as this one click digital experience for very fight identification was in a pop. Misuse cases and at the core of it on is an identity platform. Of course that matches all the regulatory requirements for our anti money laundering or either substantial. And this comes along with the solution for strong customer syndication because the critical part of such a platform is not the identification of customer itself. Actually the critical part is the reuse. And that means the access to the digital identity
One Struum to Rule Them All
"The us. Federal bureau of investigation is quote accepting tips and digital media depicting rioting or violence in and around the us capitol on january sixth. Submissions can be made at fbi dot gov slash us capital. That's capitol spelled with an o cnn sources. Say the us state department told us diplomats to pause posting on social media a measure normally taken after a terrorist attack or major natural disaster and facebook will block the president's use of facebook and instagram for a minimum of two weeks. Twitter suspended the president's personal account for twelve hours and warned further violations would bring a permanent suspension twitch disabled the president's account snapchat locked the president's account indefinitely and shop affi- took stores run by the trump organization and trump campaign off line for violating their policy on supporting organizations that promote violence. Japan's nec says it has developed facial recognition that works for people wearing facial coverings. The system uses the visible parts of the face like the eyes and claims and accuracy rate of ninety nine point. Nine percents with verification. Less than one second nec is testing the new system at a shop in its tokyo headquarters and he sees at neo face. Live facial recognition is used by the london metro. Police lufthansa the airline and swiss international airlines as well the wi fi alliance launched the wi fi six e certification program. That opens the door for devices to us six gigahertz band wi fi. Six is fully compatible with wifi six and can support up to seven hundred sixty megahertz channels at once only using the latest. Wpa three security protocol on the band. Idc estimates three hundred thirty eight million wi fi. Six e devices will enter the market this year with twenty percent of all wi fi six devices supporting sixty by twenty twenty two. If you want a little more on wi fi six and six each account no little more dot com acis as the suggested retail price for its components like motherboards in graphics cards in the us the increased cost comes as waivers on us tariffs against chinese made goods of seven point five to twenty five percent expired on december thirty first. An example is the are og strikes or s. t. r. i x. l. c. radio on our sixty eight hundred x t which launched at eight hundred ninety nine dollars. Ninety nine cents now listed at one thousand seventy nine so prices going up folks. Keep tiktok has a new augmented reality filter that uses the iphone. Twelve pro lite are sensor gives you a confetti effect that looks like real confetti in your room seems a little but tiktok promises to develop more innovative effects in two thousand twenty one so look out for more than just confetti snapchat added support for. Apple's light are censored back in october that lets creators build their own enhanced filters for snapchat. Well y'all ca es does not actually begin until monday but that is not going to stop lots of companies from making their announcements happens every year and this year is no different so we'll start with samsung. The company announced galaxy chromebook to a thirteen point three inch to in one chrome os device sporting q. Led display that starts at five hundred forty nine dollars. That's way down from nine hundred ninety nine dollars. The first gen device started at the base model offers a ten. Th gen intel seller on processor four gigs of ram and sixty four gigs of storage. And i three equipped version with aching ram and one hundred twenty eight. Gigs of storage starts at six hundred ninety nine. Lg introduced five new models in their thin and light lg graham laptop lineup ranging from fourteen to seventeen inch thinner vessels around there sixteen ten ratio screens as well as eleven th gen. Intel processors z. Graphics and up to sixteen gigabytes of lpddr four x memory. Lg the graham. Seventeen graham sixteen and graham. Sixteen to and one i'll offer nineteen and a half hours of battery life. The graham seventeen weighs in at one point three kilograms while the lightest graham. Fourteen comes in at nine hundred ninety nine grams. No word on price or availability. Well my new car set in stone. Everybody i'm only partially spends six inch hyper screen. Displays that display the e. s. electric sedan is set for production for mercedes and late twenty twenty one so later this year leno. If you got one ordered already. The hyper screen is at the heart of the company's second gen m b. u. x. infotainment system which doesn't have any buttons and is completely digital and worst controls one of the signs that has started. You get huge screens and cars last few years
Wednesday 23 December
"Later today lufthansa cargo flight from frankfurt will touchdown doncaster sheffield airport bringing of food supplies to forestall shortages caused by the recent severing of land and sea trade routes between the uk and europe with jew recognition that this is more to do with covid nineteen than brexit. There is something piquant about britain entering the last week of its transition period reliance on a reverse of the berlin airlift. The uk's present difficulties due to a new and highly infectious variant of covid nineteen heavily concentrated in london and the southeast on joined with more by monaco. Twenty fours health and science correspondent dr. Chris chris this or something like to be expected because all viruses mutate. Don't they indeed covid nineteen already has once or twice at least before andrew say actually the uk's victim of its own success in this because we do as jones san accurately said have a world class in fact one of the best in the world screening systems set up to detect precisely this sort of thing. It's called coke. Uk their job is to scrutinize genomes of corona viruses collected from patients who are diagnosed with the disease so far. They've looked through the genetic codes of more than one hundred and sixty thousand viral sequences. They're all being to find things precisely like this and of course then we. We say we found one this and then the whole world says we don't want you of course they don't want us all the all the virus but not surprisingly just to cautionary stage but yes It it's likely that this sort of thing is a bit of an inevitability and it may well be it's farther afield. Things like farther afield than anyone knows yet because they just haven't detected e. Yeah so what do we know about this mutation will. It's not a single mutation. It's a variant the calling it variant because rather than just a mutant which is one genetic change. This one's actually got a constellation of genetic changes there are seventeen independent genetic differences in this new variant that seems to confer opponent the ability to spread a bit better and they're peppered throughout the genetic code of the virus they affect v aspects of how the virus works but there's a big cluster of these changes all centered on what's called the essel spike protein. Which is the key part of the virus. That's all of these out coats that it uses to infect ourselves and so this is why researchers think that it may be more transmissible. Something has changed in the way the virus behaves in terms of its its ability to engage with our cells its ability to penetrate and jack cells and then cause disease and then spread to another person We don't know exactly how it's doing that yet. And we don't know for sure that it really is more transmissible but based on the numbers that we're seeing the the epidemiology the pattern of spread. It seems like a likely reasonable supposition. Is it possible that this variation is a response to the measures that we have undertaken to defeat it is is the virus adapting to survive ovar adapt to survive. And that's really what charles darwin point out. And that was his big breakthrough his grand unified theory of biology. If you like that everything responds in a dynamic way. All the time to pressure applied from its environment and where we think. This may have arisen. This new variant is actually in the blood of an individual or individuals with poorly functioning immune systems because individuals. Who don't have a good immune response to the virus. Tend to hang onto the virus fa- longer. They have a chronic infection with the virus. And this means that as their immune system limps along trying to control it the virus is getting a chance to see inner workings of the immune response and it can see where the chinks in our alma and therefore it can adapt and shift in that direction a bid to take advantage of those changes to cling onto survival in that person. Now if that person then transmits a virus which has adapted in this way it's basically passing on a more weaponized or more tooled up version of the virus. The reason that such as a putting forward this hypothesis is because when we have treated patients and documented what happens in them when they have an impaired immune system for various reasons. Were genetic reasons. There are also acquired reasons why people's immune systems might not work very. Well they've seen very similar changes happening in the viruses in those people to this variant that circulating suggesting that it may will be homegrown as it were and borne out of the fact that some people can't can't fight it off as well as efficiently giving the varsity insight into how our immune system works and enabling it to adapt accordingly. I mean we have talked before about the fact that it's not in the interests of viruses whose only interest eads the perpetuation replication. It's not necessarily in the interest of any virus. To kill its hosts. Is it possible that viruses variation to become more transmissible but perhaps less deadly. Well we don't know at the moment and That's one of the key questions that people are going to want to be asking. It's a relatively new discovery first appeared as a blip on the radar of kochi uk. The consortium that founded back in september and the cases them were just a few and far between become a lot more common sense obviously rising to one in four cases in november perhaps as many as sixty percent of cases in december in some parts of the country that means that we've now got the chance to see firsthand in greater detail in greater numbers. What is impact on people is and so people will be asking this very question this thing if it does transmit more efficiently which it appears it does does it as we believe not cause such severe disease or cause any more severe disease than the standard parent from which its rose the moment it doesn't look like it translates into getting more severe disease. It doesn't look like it's currently beyond the reach of the protection conferred by the immune response In response to the vaccine but we don't know that crucial question has it surrendered some of its violence. In order to optimize. In this way time will tell you partially answered what. I'm sure is now the key question because the the glimmer of optimism in which we have all been basking these last few weeks is the approval and roll out of the vaccine. Several hundred thousand people here in the uk have already received at least the first injection. Is it possible that nineteen could mutate or very this quickly Out of the reach of the vaccine. Matt hancock rishaad everybody when he made the announcement last week about the discovery of this new variant. That it didn't look like it would be able to sidestep the immune response conferred by the vaccine the experiments to prove that that is the case. Though are still ongoing. Thankfully they're very easy experiments to do. And that's what porton down will currently be investigating. And i would hope that they will provide that reassurance. Quite soon the way you go about this is you. Grow the virus in the lab and that's actually very easy to do and you add to it samples of the antibodies that a person makes when they're vaccinated and if the antibodies still work against the variant. And you do this with samples across the country. Then you can say these neutralize this virus even though it's the variant and therefore these people will be protected if they have the vaccine. So that's that's kind of what we're waiting for now to to see that data. It's very easy the experiments to go to do them properly though. That will give us reassurance to answer that question what the future holds. Though we don't know and that's why some researches saying this could be a stepping stone on the part of the virus towards a more comprehensive ability to sidestep our immune response including the response to the vaccine and for that. It's a sort of shot across out immunological bowels. We have to keep it onto surveillance. Keep searchlight trained upon it so that we can see where it's moving anticipate is next. Move and try to head off
Berlin’s Brandenburg Airport is open!
"Some happened and i cannot believe that i am about to say this. Say what is it going to be. It can't be as unbelievable as what i think. You're going to tell me. I think it might be berlin. Brandenburg airport finally open. How it finally. it's only eternity late will. What's the official number of years late. This report. I think it's a an changed almost nine years late. I think it's years late nine years late. Billions of euros over budget. The airline it was built to be a home hub for hasn't existed in three years. Air berlin is long gone into the dust of the history books of aviation and had the opening go. Let's just say that the inaugural ceremonial opening of the airport went just about as well as the construction period and previous nine years. Well no i. It went better than that. Actually i mean it has to a gun better than that. It's pointing landed in billions of euros. Evaporate it. They didn't accidentally land in new berlin wisconsin. Or something like that but no it was on brand show. He say the plan had been for parallel arrivals on the two runways for an easy jet flight and aloof tons of flight and the flight numbers were written such that. It noted that it was the thirty first of october in the year. Twenty twenty it was easyjet. Three one one zero and lufthansa twenty twenty. They were supposed to touch down at the exact same moment and ceremonially open the airport. The weather had other plans as the weather often does. There was poor weather and they had to all land on a single runway one after the other but that was fine they landed they taxied. They gonna water cannon salute. It'll look nice. Will picture that in the show notes because it does a good water. cannon salutes. always nice thing. we're met something. I know i've seen this raised before and i'm also a little confused. Why they weren't able to conduct a parallel rent landing on these two runways when they're spaced out more than a mile apart from each other. That's a question. I'd like to see if somebody can answer as why. They couldn't conduct a parallel landing. When the runways are are not all that close together it's not like newark. Sfo where running literally one hundred feet apart from each other. What happened here. What i heard from a few people. And i haven't been able to confirm this so there might be some gray area in here as the categories of the aisle system on the other runway whether or not it can support the particular conditions that they found themselves in that may have had something to do with it. But if you've got an authoritative source by all means drop us a note at podcast at if our two four dot com or if you've been in the airport i know we've got a few emails over the years that inform us on the progress of the opening of the. I know it's been a kind of a joke. Among those who follow these sorts of but i was being generous. I know that has been the laughing. Stock of the industry's air better okay. But it's open and they begin their first real operations later this week. Where were the kind of move. Everybody things like so. It happened so we have to pick something else to point
Boris Johnson will delay decision on quitting Brexit trade talks
"The brexit transition period is due to expire on the thirty first of December at which point the UK will leave the single market without a deal unless an agreement with the EU is reached in the next few weeks British Prime Minister Boris Johnson said he wanted the broad outlines of the deal to be in place by the time the European Council Summit begins, today. The McCaffrey is your news political editor. He joins me on the line from Brussels could money cheat today it's the deadline. So why aren't we walking away? In this process is brexit process. We're very very used to deadlines coming and going out we gene and two large degree. At today he's GonNa come and go again and what we're expecting is no deal at the end of today when. Leaders meet in Brussels who were also not expecting Britain at top walk away either in fact we're expecting. Probably weeks of negotiations. Why is that I? Think because progress has been made though it is interesting last night the Boris Johnson spoke to US London line the EU Commission, Presidents and chose Michelle the EU council president in a joint to call and he. Exposure of his disappointment that the had not being a substantial or not progress. But clearly think that there is still an opportunity to get a deal. Hence why these talks will continue. We have to remember at the end of all of this book Britain and the e You have repeatedly said, they do wolves future trade deal I. Think both of them are willing to give it another shot of you like a bit more time So what are the underlying issues that holding up this process? Will listen to you though kind of three key areas in all of this at first of all is the so-called level playing fields or state AIDS, which is essentially the e you wanting you to adhere to the same rules and regulations to a large degree that and they already do as a former member of the European Union and things like environmental protections, food standards, for example, so that Britain can't undercut those in a more competitive way and join to that is this issue of state AIDS. The idea that the state can subsidize heavily industries to keep them afloat if you like, and again the EU is king the Britain essentially really can do that because it could convey. Could gain a competitive edge. Undercut the E. U., two degree now Britain would point out and rightly so some would say that actually if there is any part of the two sides who are used to subsidizing their industries, it's more likely to be countries like France and Italy than it needs to be the UK or indeed Germany for example, who just failed out Lufthansa to the tune of ten billion euros I mean the UK hasn't yet bailed out any of Big Airlines then disease you have governance How to settle speech future future disputes in essence the EU, has conceded that it's no longer going to be the European Court of Justice and they're trying to work out to kind of independent tradition if you like. And then finally, there's this kind of issue of fishing which economically is not important either to the EU or the UK in the sense it doesn't really make much of any countries economies to large degree, but it is politically symbolic. Ephraim. Brexit. As it will is what Brexit was all of out retaining sheesh water and also some European countries. It's incredibly symbolic importance at French fishermen, for example, or at pretty significant force in France and Emmanuel macron is staring down election in the not too distant future. So that is an issue. That actually is always the most difficult of issues because as as a Britain wants to gain back control of its waters, the EU still wants to be allowed to fish in those waters and it suggesting that if it cannot will. Then Britain is not going to be able to sell its fish to the rest of Europe and that is by far the largest markets. So shortly, collapse the whole deal on fishing. Think not though there are genuine concerns that it could be at the key issue. In the trade talks over the next couple of weeks, not least of all, because as become this to the issue in from both sides that for Britain. It's very symbolic as I say what Brexit is, they are absolutely determined. That they can have you know European fishermen essentially in the seas for years and years to come. Katrina to the fish they just think that is fundamentally unacceptable. It is not in essence taking back control. For the EU are equally determined. That if Britain wants to gain access to it single market by selling fish and eighty I, think it's eighty percent of British Fisher exploited in sixty percents. In, total those to the rest of the EU then. You're. Not, GONNA be able to sell your fish and you can have all your efficient chips he wants, but they'll have to be British people are going to eat them and not the EU, and they would also point that actually half of the so-called Bush's boats that fish in fresh waters at the moment are actually forward. So in practical terms, would it make that much difference I think the compromise, the them at may well come, and with this idea of quotas every year that potentially will start where we all now and year after year decrease. On a negotiated faces a bit like Norway has dumb but for Emmanuel macron fishing is a key key factor in all of this. Simply because you know French, fishermen are a potent political force but for the countries like Germany. In essence fishing's not very important and they would be very, very disappointed when push on for the deal to collapse on that single issue. So I mean what happens next and is a no deal Nella a probability rather than A. So. When you talk to people here and is being a whole range of MVP's and official yesterday, they were putting it at a probability of sixty percents. Gene essentially, that will be no deal, which is point stalk in many ways given the fact that we are getting into the game and we really all because time is to Michelle Volley ticking in this process I think what will happen next though is that they will conclude. Leaders at tomorrow that enough progress has been made and the talk should continue. I expect the British will accept that and talks will continue for the next couple of weeks. up until. Either the end of this month or the start of next. But then a deal is going to have to be done or essentially both sides have to accept the will be no deal because ultimately if there is to be a deal, it is a massive. Weighty Hefty document that has to be translated into all the official languages of the EU. EU Paul, we'll have to vote on the British parliament, some national parliaments to and so that decision will have to be pretty soon at the start of the next month because ultimately, they'll only have up until the end of to send the. It's because Boris Johnson his always all. And that he will not extend beyond December thirty. First, we've heard of course that before I think this time that really is a hard deadline and so at the Mo- wind, you'd have to conclude or less things substantially change that you know no deal. Is a real. Possibility, but probability, how is the British parliament reacting to this brinkmanship? Well, there's this. Thing is when we kind of what? It's not weird actually, it's probably not surprising the tool. But, it's not really consuming European on British national politics. At the moment clearly, we're in the middle of a pandemic. Clearly everyone's focusing on not just the fact that there is a second surge affecting almost every corner of Europe and deed every corner of the British isles. And Other increasing restrictions, talks about lockdown. So not not anyone's really talking about Brexit I think. Boris. Johnson's going to take enough majority that no deal is not good to trouble him like it. It was last year when there was a possibility that the government collapse on the issue I don't think that's GonNa happen this time round for the genuine concerns in Britain about what this will mean. Already, the government is already having to spend millions and millions of pounds to get a border posts. Customs checks to employ people essentially to work on that border from the first of January and no matter what the trade will be there will be extra checks a respectable. What happens
Global Stocks Mixed on Monday - DTN Progressive Farmer www.dtnpf.com › world-policy › article › 2020/08/31
"First of all, not a good day for global stocks here in London the footsie one, hundred down three point two, six percent on the day. Andrea European stocks dropping the most since July today investors worried about tighter viruses fictions as you've been discussing a Monaco also or detain suspicious transactions at international banks, airlines and travel stocks among the worst performers. In Europe today that softer the chief medical officer Chris Witty set to warn today the UK's at a critical points in fighting the coronavirus Germany's health minister saying the trend of cases is worrying all nineteen instagram's trading lower in Europe but those travel down more than five percent. Down a British Airways down twelve percents Deutsche Lufthansa down eight percents French hotels group call down seven percents.
How To Grow From An Accidental To Intentional Business Nomad
"My guest today is Kyle Hegarty. Kyle is the managing director of Leadership Nomad, a division of tesl marketing where he focuses on helping companies such as IBM Lufthansa. Jess. An Oracle expand globally. Kyle looks at how companies connect with their customers while focusing on communication sales marketing and management leadership. He has trained thousands of executives is a faculty lecturer for Singapore Management. University. Is a frequent speaker business management conferences around the world. Kyle is the author of of the accidental business. No Matt thanks so much for joining me today. Kyle, thank you so much. You put a lot of pressure now on all of the great guests that you've had in the past so. It is pretty high bar to live up to, but I don't think you'd be here if I didn't think you are going to be able to so. It's all good. Thank you for inviting me absolute. so This whole concept of of being business nomad is interesting for me and. And how you help companies expand globally and one of my questions is really around. A cultural differences. And how a business owner or business person who's starting to to sort of go out there how do they navigate? What seems to be like an invisible language of cultural misunderstandings. Well. That's the big question that I that I try and address in this book and. By the way I'm here in Singapore. So I don't know how many time zones away from from you I am but about fifteen years ago I moved from the United States over to Singapore to help Western companies figure out how they're going to expand cross Southeast Asia and over and over again what I kept seeing was regardless of company size, it could be startup it could be a small business all the way up to the very large companies but all of them seemed to wrestle with some of these invisible cultural differences that you mentioned and I myself did as well APP. In fact, I'm I'm exhibit A.. In terms of making all of these mistakes and I'll give you just one example great showed up hired somebody locally. And was thought we were all on the same page. She spoke English I was speaking English. We signed a contract. and. Then on day one, she just didn't show up. And on to she didn't show up and then day three she dead and this was not an entry level role. This was like a pretty you know I mean, it wasn't a super senior but still you'd think that on day you'd think you shopped the job. And again, it's not the same that people in certain parts the world down do that but it was crystal clear right from the get go. That things were different in different parts of the world expectations were different. What I thought was crystal clear was not crystal clear to other people and that was something that just kept happening on repeat I could I could that this book at Twenty Times the size it is I simply chose a couple of of handful stories here and there, but these obstacles continued to pop up. Even. Companies that are doing the travel most are are a bit stuck these days. We can't get on airplanes as much. We're still facing this stuff because we are on the zoom calls on skype calls we are trying to do these partnership deals. We are expanding potentially into new markets and what I think is absolutely clear communication what the way I approach of business relationship. To me makes perfect sense and what I find over and over again is that that's not the case in other parts of the world. So I wrote this book to tell those stories and to start going down that path to get hopefully to help people avoid these mistakes that just keep happening over and over again. Okay so You gotTa tell me why didn't she shut up what? What was that? What ended up being the story? In this case, she had a sick relative in another in Malaysia. This is in Singapore and Malaysia. You can get over a bridge to cross over to Malaysia. And I love I'm not going to put words into your mouth but. She. Essentially, her excuse was that this obviously, you know family takes precedence which shaw absolutely fine with that. But to me, you would have communicated that and she she showed up and three thinking everything was fine like. This you're not you're fired. And she shot absolutely shocked. Absolutely. Shocked. Another another fascinating example, which is actually really sad We had a whole team in Philippines and this woman would be hired I. Think she was we hired her at a entry level and just when somebody has it and you you just know it I mean this this person was just she was on the ball she just got everything done clients loved her every I mean she was just in a small company she stood out and she got Promoted, and she moved up the food chain very quickly we had plans to actually get her ownership status in and to kind of put her into a managing director track we're invest. We're ready to invest in all this stuff. Storm came through Philippines and knocked the roof off of her family house where she and her mother lived. These monsoons are unfortunately coming in greater frequency. There and the mother decided that this was an almond and forced the entire family to move into the country province where she came from. And without. Second. Thought our point of just up and quit she. I think she gave us a day notice of because. At the age of thirty two, you do what your mother tells you to do, and that was the end of it. And I would bet you today that she is living in a you know in A. I needed third world is is kind of a past term but I mean, you know that she she went in a very different direction because of that and you know where where does that come up in the in the business school lessons?
Long live the Queen: We say goodbye to a big chunk of the passenger 747 fleet
"In the last episode Jason said. Go What did I say you said that you could still fly on a British Airways seven, four seven at the time that I said it that was a true statement. And it was a true statement for all of seventy two hours. Then British Airways said, no, you can't. No, you can't they're gone. They're gone effective immediately and we will never fly again. We don't even know if they're going to get any sort of official sendoff for celebration or anything do the at calm rumors necessarily but kind of scuttle. But around the water cooler such as it is says that they are not inclined to participate in any sort of send off because of the current climate they find themselves in. Well. That is just extremely on physician by I think more. So than any other airliner, even really any other aircraft and I know people are going to argue in bicker about this. And L. means emails. Two four DOT com. When I, think of British Airways I think of the seven four, seven I think of the seven four, seven, I think of British Airways the two are intrinsically linked. To imagine a British Airways were about seven, four seven is really difficult for me. Yeah. It's. It's of those things that You know there was a couple. Are a couple lines that you immediately associate the seven, four seven with an obviously the the first and foremost him just because of the history there. But then when when you kind of think of like the top three or four airlines, I, immediately think British Airways KLM. And the. KLM has already retired or I think mostly retired. So they have to serving in in cargo capacity to combat serving cargo Carl only capacity. But but yeah, they're not flying passengers and yeah and KLM only had a few towards the later days but British Airways a significant chunk of its widebody fleet was still seven four. Yeah I mean they were operating a fleet of thirty. So I mean that's not we're down to two tons of with twenty eight young. British Airways we see to retire its entire seven, four, seven fleet by either twenty, twenty, three, twenty, four, twenty, four. So the writing the wall but the wall we've got a whole lot closer right the the wall basically fell. Fell on top of the fleet but there are still some four sevens out there. There are still chances may be two to fly them. Should you want to go out and do that? Obviously, your best chance is going to be Lufthansa at some point, they haven't announced anything about retiring. There's they're putting them into two storage. Planning bring them back So twenty, their Korean Airlines has twelve China Airlines has four Air China has eight, and then you kind of start to whittle things down I. I would say that the under a Russia has nine, but I would say that there's a good chance that may be Thai Airways with eight is probably not bringing there's back or if they do, it won't be for long. But I could be wrong. Indy only has four in. It'll be interesting to see what they ended up doing with there's and then there's a few charter airlines like wellness has five and Atlas Air has four. So you can't really book a ticket on those but you know you've got stand up on you. You've got a decent chance of flying on those if you book a ticket on other airlines. So thankfully at least for my New York City centric mind, we have three airlines that to be the three airlines operate the seven, four, seven, Dash Eight. Tonnes a Korean Air, China all at some point operated the the dash eight two K. typically in the summer. So I hope we see them again. But honestly, there is a a likely reality in which JFK does not see a seven, four, seven in regular passenger service. Again, I don't think it's out of the question that that's a possibility and that makes me very, very sad. Yeah. I. Mean I. I was thinking about this the other day when we were putting kind of listing who who, still flying him and things like that and and I was supposed to do a trip hin in April. Originally, we were going to do something really cool and one of the things that I was really looking forward to flying the Lufthansa's dash eight but did not get that chance but maybe next year year after it'll still be there and still be a possibility. But yeah, I. Mean the fleet was just such you know. That that livery. Deliveries on the for seven just looked so good and then when they did the the heritage liveries games, they just looked so
Germany aims to reopen borders - what you need to know
"We're going to head across the board or to Germany now a border which opens officially on Monday the country has been praised for its handling of covid nineteen, but Deutschland Inc is immune from the impact of the virus is having on the global economy. So how can major corporations be supported by the government in Berlin I'm joined on the line from points dot in southwestern Germany by Anna Rosenberg irregular, and is the head of Europe and the UK at the political consultancy cigdem global. Couldn't talk. Couldn't tack. Very good here for humanity. Oh, no is a great to have you on the program. Literally probably for the last what five or six weeks we've seen one German company after other, and these were really talking about global names that all of our our listeners will will be well aware of companies that touch people's lives Some have seemed to be sailing through this reasonably well, but we've seen of course many others and probably most the most. High. Profile instances is tons of which has been. In the news almost every day for the last two weeks on on business pages around the world, and with a lot of focus right now on major job layoffs that will probably see before their AGM it in the coming weeks. I'm very keen to hear how the story is playing out domestically, though because I think outside of Germany Anna everyone of course is seeing a similar type of story, the relating to how daylights bailouts might occur in Australia or Canada or elsewhere, but I. If we look at the front pages, if we look at what's being, said on the tag, a show how I would say sort of what is the mood and the reception nationally right now? I would say that, of course luther tons is a concern, but it's not the biggest concern I think that the German government has over the past few weeks, a lot of the things right and of course at the moment top of mind for everyone is the recently announced fiscal stimulus package, which is another one hundred thirty billion euros, and to support Jimmy consumers and business, and that's I would say currently preoccupying people's minds business all relief by the measures announced and I think that's overtaken the bad news from Lufthansa. Also you have to keep in mind that. Lufthansa was bailed out. Even though they are still of course, suffering, huge job losses, overall, there are some positive signs, and I would say that. Combined with the opening up of the economy, those all being well received. We've seen a consumer sentiment reports out of Germany as well, and and certainly there was a feeling a little bit early on that. Maybe people's fears were a little bit misplaced still fearful but if you look at the mood now, and whether that is just your read, for from where you're sitting, at of course how your consultant he looks at it. As much is of course what might be popping? Popping up in the pages of Honda's Blot you look at a stimulus right now. There's going to be cash handouts for families and a lot of money for every child. Does this raise the mood? And of course whatever economy looks at is consumer sentiment in terms of getting out onto the High Street shopping filling up grocery baskets. All of those things. Where where would you say the consumer mindset is right now? I think the consumer mindset is cautiously optimistic. Very cautious because I think that, it's not yet quite clear how this crisis will ultimately pan out. There's a realization that Germany is a relative. Winner or let's say not too bad loser from Kobe than other countries it's has. Done more than others in terms of trying to contain the disease, the government has stepped up significant economic measures as I mentioned before so those things at Kohl's obviously provide cause for optimism, and I think the the the money that the government will be handing out for child support another three hundred euros, plus lowering the VAT. All of that will stimulate consumer spending but I think it's too early. You're not going to see suddenly. Suddenly consumers go out and shop like crazy. Ultimately, these still cautious Jim and consumers that going to want to continue to monitor how plays out and I think once there is confidence that things won't get much worse. That's when you're going to see consumers. Step up spending I do expect this to happen over the next few weeks and months, and especially over the summer, because that's also when you just have a pickup optimism generally. Do! You think there's also maybe a patriotism wave, and that's a it's a tricky word in in Germany or at least in some corners at wet, better patriotism when it comes to a head Shelton, Deutsche signed a made a made in Germany feeling. Of course you can go to lots of grocery stores. Local markets and people want to of course singing, the praises of the of the Chicago this Baragan that's grown around the. The Corner, etc, but does that also extend you think elsewhere in in in consumer spending that people are are going to be thinking about jobs in Germany. It might be a little bit more expensive for me to buy that product, but it is made in Germany I. See that it is going to help the state that I live in or the state next door or is going to be driven by WHO's got the best price. It depends on your income. I would say I think that consumers that have a little bit of leeway will make those conscious decisions. They will buy local whenever possible I think. That's a trend that was here before. Kobe ticket buying local, being more environmentally conscious, making sure that your products don't have a very large carbon footprint that was here before and I would expect that consumers that are wealthy enough to afford to make these choices will continue to make these choices, but of course those that are going to be squeezed. They will not be able to. They're going to go for the cheapest option, and there will be quite a few of those as well so I. Think it'll be a mixed mixed back really and just before we go. We just maybe shining a spotlight on Berlin and certainly foreign policy a you and I have touched on. Whether the dock countries Germany Austria Switzerland are are looking to maybe come together a little bit and and show that there is there leadership even though these countries are also very disjointed in many ways, but is there a sense that you Berlin you now? I mean really also being recognized almost daily around. The world is having done a very good job, Switzerland and Austria as well that they. They start to convene big MESSA again. Of course, when when public health obviously issues and public health guidelines allow, because it certainly seems on many other levels Germany is trying to push ahead, but does it see itself as also being a commercial convener sooner rather than later because we've seen so many are still being so I mean I wouldn't say pessimistic, but maybe some would argue in business overly cautious. I think there's a big. Division in terms of the states in Germany about this topic. I would imagine that if you now see. Infection rates stay low over the summer which we expect we, we do think this going to potentially be another wave in the autumn, but if things go more or less smoothly over the summer, it's going to be difficult to continue to extend lockdown measures, and instead people will cool for more openings and eventually also call for mass gatherings, and I think that's what you can see things like larger messy mess, being organized again and large public offerings coming together, but I think we'll still a bit way from this, and I don't expect it necessarily to accelerate in this first half and second half of the year really. On Rosenberg from CIGDEM global in Germany very good to speak.
Lufthansa board nods through $10 billion bailout plan
"Lufthansa will beginning a ten billion dollar bailout from the German government and the European Union under terms of an agreement approved by the airline supervisory board German airline today, quoting the head of the board called a difficult decision tonge like most global carriers has been hard hit by the downturn in travel as a result of the global corona visit pandemic, there will be required to give up some slots in Frankfurt and Munich is part of the deal with the government, and also the government will take a twenty percent stake in the
"lufthansa" Discussed on WBZ NewsRadio 1030
"Not just open the doors and everybody has a party it's fifty percent occupancy in office bill things a cautious restart in LA county for shops and restaurants among others in Washington DC Bob hardy says he's been patiently waiting for his favorite barber shop to reopen I've been looking forward to our car for quite a while at the re opening of the grand canyon's popular south rim visitors were able to take in the stunning views of Jews as governor Charlie Baker will announce one week from today when that phase two of the re opening of businesses in the bay state will begin some four hundred German managers workers and family members returning to China aboard charter flights as multinational companies seek to get their operations running again at full speed the German chamber of commerce in China in cooperation with Germany's diplomatic missions and with loose Lufthansa airlines organizing two flights to China they are the first repatriation flights from Europe to China for foreign nationals since the corona virus pandemic forced many expatriates to leave so any workers who might be headed back to the office over the next week or two or three find that the corona virus has transferred or transformed office life outdoor meetings face masks at all times no handshakes hugs or even fist bumps there just a few of the many measures the CDC has prescribed for employers planning on having workers return to the office but there's more with the basic idea to keep people from congregating it's telling companies to beware of mold growth stagnant plumbing and rodents and pests associated with months long building shut downs and say goodbye to the ubiquitous coffee pots water coolers and candy jars with the CDC noting that workers could be provided with pre packaged single serve alternatives bagpiper CBS news eight different lawsuits have been filed against a nursing home in Kansas where thirty six people have died from the coronaviruses suits against river been post acute rehabilitation in Kansas city Kansas state the facility was negligent in how it handled the call with nineteen outbreak of the home it also says the home failed to adequately staff the facility and did not notify families when the outbreak occurred state health officials say another one hundred thirty six patients and employees of the facility of already tested positive river been officials have defended their measures at the home but have not commented on the lawsuits against Martin ABC news.
400 German managers, workers returning to China
"Some four hundred German managers workers and family members returning to China aboard charter flights as multinational companies seek to get their operations running again at full speed the German chamber of commerce in China in cooperation with Germany's diplomatic missions and with loose Lufthansa airlines organizing two flights to China they are the first repatriation flights from Europe to China for foreign nationals since the corona virus pandemic forced many expatriates
How Europe is responding to the coronavirus pandemic
"Want to start really by having a look at what is happening in this part of the world and certainly how countries In and around a Middle Europa at handled covid nineteen as pandemic some economic powerhouses. The United States of course the UK have had a bit of a miserable time. You could say but Germany and Switzerland are getting back on their feet and even in the last hour or so here in Zurich. We heard the country's main aviation hub of the national carrier. Swiss have outlined an incredibly aggressive relaunch plan. Of course if we go north to the border in Germany LUFTHANSA'S HOPING TO INC. It's bailout package to do a bit of the same well for more on this. I'm joined here in Zurich Rob Cox regular with us. When is the global editor of Reuters breaking views and on the line from start in south western Germany on a Rosenberg as also the line and she is head of Europe and the UK at the political consultancy Sigme Global? Welcome to both of you rob. I wanted to start. Do you think something is up? Maybe in this country I think also we look to Australia and certainly Germany as well as everyone starting to behave as a bit of a block at a time when everyone is supposed to be yes nice nice role in together are we moving into a period where people are maybe trying to score a few points. Released position themselves That look we are open for business. And we're moving ahead here. We're kind of in this competitive de Lockdown Mode. Where everybody you know? Calm countries like Switzerland which WanNa score high on the the Doing Business World business indicators and things like that and I think they have something like thirteen hundred. Us companies alone. That have offices or something here so everybody is trying to kind of to ease the ease travel. Do it in the right way. But also the same time to showcase that they've done a good job or a decent job of of battling pandemic of ensuring that their citizens have safe that that and doing it in a sort of you know an intelligent way And in some ways opening opening up the borders as a way to show that off now I think they're quite conservative. You saw you saw. The Federal Council was saying yesterday and in other countries. You know there are still this tension between the politicians as it were and the health professionals at still going on. We're still going to see that for quite some time. But there's definitely a sense of like like let's get moving again But the the the big issue though is you can't just apply what the Swiss do or the Austrians due to say London or Dublin or Perez and I think so. The worry is a little bit like we have these fights over tax policy right That you have this sort of race to the bottom in some ways and I think that's it's one has to be quite careful. So if the Swiss open up or the Germans and people say Look Frankfurt's open for business in Syracuse. Open for business. The worry is that these other guys. I don't know or London that engage a well. We better do it quickly. Problem is that there's no one size fits all for battling this pandemic Rosenberg. When you look from your side of the border but maybe across to Austria and Switzerland do you feel that may be an of course? Federal Council Minister over in Vienna yesterday front from Switzerland. Do you feel that the dock nations are starting to to get work in a bit of unison? Work as Mitteleuropa to say that we can together be the the engine that we can point direction. We know that this is a time of of not great central leadership. I'm not sure if there's really a cross border collaboration as as that. I think it's more happening more here. Is that individual states within Germany. I using this as an opportunity to profile themselves when you look at pandemics throughout history typically they benefit smaller entities smaller countries smallest state smaller city states. And exactly the same has happened in this pandemic and Jimmy Away is positioned the way is positioned also because of its highly federalized decentralized system which means you have sixteen individual states that can make their own lockdown and opening up decisions and these decisions currently being made. They're all over the place and I would say there's kind of a rather than we're in this together. I would say there's a little bit of a rivalry at the moment towards who can open up. Fossa who is more concerned with the health of individuals citizens than the others? So it's still pretty much an looking inwards would say Germany. Do you think that some of that also ladder is up though? I mean whether it's whether you're talking about Bio You're talking about no Don Volya that obviously people who are sitting at the Foreign Ministry in Berlin. There were trying to figure out. How do they put this into a concerted message Which they can put across globally? I get the sense. is certainly in Switzerland while the Swiss like to talk about being humble and they don't WanNa talk about having had a good pandemic you do get the sense here that they are trying to. Of course push their message. This is a country that is going to be open for business. If you need to come to Europe And hopefully do need to come to Europe to have a meeting. Then maybe you might consider coming here. I and I'm wondering if Berlin regardless of what it's doing with a federal structure with the states are doing they're trying to have some kind of unified message or no yes. Of course ultimately there's a lot of coordination still trying to be made on on the national level. Am I do think that Germany has certainly benefited from this Kobe crisis? It has turned a crisis into an opportunity and for a variety of reasons and I think Germany ultimately when you look at where Jimmy Stewart's just before the Kobe crisis it wasn't quite a weak economic position that was stagnation that was not enough of investment. Going on into key sectors of the economy that was all these arguments about stepping up fiscal stimulus and spending and constant pushback from the government that wanted to stick to strict fiscal prudence. All of this is different now. The government is saving business left right and center splashing out it's investing and the economy. The Gym Mindset has changed to away from Frisco prudence that was evidenced of course the supporting joint debt with other European nations. And so in a way. Jimmy's kind of taken an advantage from Kobe. In repositioning itself. And I think if you ask me what does Jiminy and the EU stand in one. Two years down the line. I think Germany will clear when I hear on that we just before we went on air we were talking and you just touched on Dublin Dublin. Of course as as essential in Europe which has done very very well at tech. But we're now in a moment right now we're of course. Companies are more mobile than ever. And certainly when you look at some of those players who are who are in Dublin. Of course their headquarters being On on the. Us West Coast yet. There is mobility They move around the going to look of course for the best tax breaks That are out there. Is this also time and again I mean. Certainly you see the power of the money that various spends on go and put your headquarters or least your your regional or European headquarters in Munich. For example do you see this kind of acceleration? Absolutely the ease of doing business index. This is this is going to be part of it. Everyone's going to look at how you did it during this crisis And I think and how quickly you were able to come out of it and I think come. Countries like like Switzerland Like some of the Nordic countries that have have done a pretty good job a relatively good job relative to France or the UK or Spain or Italy are so they're going to have a better pitch to make an a country like Ireland. Which is you know punches. Well above its weight when it comes to global headquarters for I say European headquarters for many of these TECH COMPANIES. The facebooks and people like that that is also
German government approves $10 billion bailout to save Lufthansa; Latam Airlines Seeks Bankruptcy Protection
"It is a tale of two airlines emerging overnight the German government just approved a nearly ten billion dollar aid package to save Luton says last month the airline CEO said it was losing money at the rate of over a million dollars per hour with travel virtually halted by the pandemic also overnight south American carrier latam airlines is seeking chapter eleven bankruptcy protection latam is south America's largest carrier it says despite the filing passenger and cargo flights will continue to operate and employees will be paid the airline is also looking toward a post pandemic world to reorganize and recover
Lufthansa and German government agree on $9.8 billion rescue package
"Germany is offering Lufthansa and nine point eight billion dollar bailout we get more from Bloomberg's mark mills the package involves an initial twenty percent government stake in Lufthansa the could rise in the event of a takeover the plan which requires European Union approval and will almost certainly be challenged by rival airline such as Ryanair give Germany an effective veto over company strategy German finance minister Olaf Scholz says the company's investment would be temporary and he stressed that the timing of the next it would depend on the pace of Lufthansa's economic
Lufthansa and German government agree on bailout
"Walker Germany approved a nine billion dollar aid package for airline Lufthansa to keep a major employer going through the turbulence of the corona virus pandemic but officials said Berlin was still in talks with the European union's executive commission about possible conditions Lufthansa has lost most of its passenger business due to travel restrictions during the outbreak the German government says it does not plan to interfere in Lufthansa's
"lufthansa" Discussed on Bloomberg Radio New York
"Which is British Airways that down seven percent we've got run it down ten percent easyjet down eleven percent both budget airlines here in the U. K. Lufthansa is down six percent to six percent I'm a new intercontinental hotels or IHG Holiday Inn down six and a half percent so it is the usual suspects along with obviously the basic resource sector has concerns about impacts to supply chains in global Damone hello prices and commodity prices in general so it's a pretty broad based selloff and I think there's potential for an awful lot more to go and actually I'm surprised it's taken so long for investors to wake up to the risks this coronavirus could bring to the global economy because let's face it it's not really new phenomenon we've been talking about it for the last month or so so what explains the violent reaction we're seeing this morning given that corona virus has been something that the markets have been watching since it broke out in Wuhan more than a month ago it's quite simple really nice it is because it's spread beyond a user ID some broken and it's a it's a lease and its lease in a lock down in the in a lot of Sentinel initially airing in quarantine a northern Italy is really the economic engine of the Italian economy and let's not forget in queue for the Italian economy contracted so if you go north initially and not down that's bad news not only for its like please also bad news for Europe and the European economy in general because it's gonna be very very difficult for European countries to limit movements of people throughout the continent when you have free movement of people as part of the single market so the big question is can they contain this outbreak all the corona virus I think Cohn how far across Europe is going to spread you know there had been talk even before the corona virus reached Europe that there was going to be a need for fiscal stimulus in the eurozone on due to the possibility of further global economic slowdown over and above what's happening now does that put more pressure on governments to to do something about this with corona virus now their doorstep it will put more pressure on them but I'm not sure how any Sony fiscal stimulus will help also million for law all of the economic recovery that we've seen over the course of the past twelve to eighteen months has been very consumer if you have a pandemic the first thing you do is you locked down the movement of people and you put them in quarantine in that pre that prevents them from going out and spending money it goes that prevents them from going on being productive so ultimately I think for many of fiscal stimulus isn't likely to help in the short to medium term in the long term it might have an economic benefit but it's certainly not going to help stock valuations in the short term not only I think what investors are going to have to get used to is the fact that we're going to get an awful lot more profit warnings over the course of the next few weeks and months as economic activity across Europe gets hit quite substantially I mean we'd call anecdotal reports already the falcons team is holding back and I'm gonna give you a good example here and here and here in the U. K. based a village in Oxford is a very funny return destination for Chinese tourists ninety percent drop in full full over the course of the last two three months simply because when I have a Chinese New Year Chinese people tend to travel they haven't been doing that so they're not going out they're not shopping and as a result you sing returns getting hit as well that we are obviously seeing the equity market hit this morning certainly Michael Hewson chief market analyst at CMC markets with us from London this morning thanks so much for your insights Karen thank you it is five.
"lufthansa" Discussed on News-Talk 1400 The Patriot
"They were quick Mr trump there was more heated debate in the Senate yesterday over whether to call new witnesses in the president's impeachment trial house impeachment manager valve Deming says witness testimony is central to making any case it is the prosecutor's dream but Pat's at Bologna with president's defense team says no judge an indication have to ask the prosecutors well did you subpoena the witnesses are now seeking well some but not others well when you did subpoena them did you try to enforce that subpoena in court no a vote later today is expected to decide once and for all whether the Senate will be calling new witnesses buying new Capitol Hill US secretary of state Mike Pompeii was in Ukraine meeting with the back countries president Pompeii says the two sides have agreed on possible business project we see the economic opportunity for American business is coming here we talked about a handful of them I just this morning companies by name real projects presence let's go we welcome to come to Washington when we have an opportunity to good things for what the Ukrainian people in the American people will get it done I'm confident of that bears highest ranking US official to visit the country since impeachment proceedings against president trump began last year Germany's Lufthansa a union representing cabin crews have agreed on a wide ranging arbitration process to resolve a long running dispute the agreement saves all further strikes for the time being Lufthansa and the UFO union have been at loggerheads for months over many issues including pay for some.
"lufthansa" Discussed on 106.1 FM WTKK
"The ability ability at US airlines and including United where there are seats available on only four percent of the searches that were done well what are some of the airlines that are doing well so number one in the survey with her get shot they'd be global ninety eight percent of the of the searches that were done and this survey looks at each airline's ten busy of long haul routes so it kind of gives the airline the best chance the side a laugh it did very well on the survey is a bit different because they don't have the long haul international route so that was for what you're looking for there are basically first class seats on domestic quite but they came in at ninety percent availability Lufthansa in Singapore both seventy percent or more the really good availability of C. attacked the Singapore battered and they are just take as a set percentage of their speeds that they make available for their frequent fliers and they look at it as Hey this is what we need to do to keep their loyalty and you know that that's certainly change for US airlines we're speaking with Scott McCartney middle seat columnist at the Wall Street journal why eat her the U. S. airlines looking at this so differently they do very poorly in in this survey because they've created a much more expensive categories that they you call every day or is it basically unrestricted see they make car two or three times as much in miles and that's where they're trying to do is hear people so greatly reducing the the availability of a lower mileage awards levels it you know the reality is they can sell the speed get out Turkish may not have the the large corporate base the large number of of customers who are willing to pay seven eight thousand dollars for a business class yeah international see but American and delta and United do and so they're they're taking advantage of that they also they did your problem because they have but successful credit card programs they have a huge number of miles out there in circulation and it's particularly difficult living availability is particularly difficult because that that demand has increased dramatically with all these miles out there but that the body has been changed and the error you're even is reduced so it's it's very hard to find seats but they get grab when they are available and so if you did that survey with over a long time period a hundred different dates travel in and still with hundreds of searches for each airline found very low availability for the U. S. carriers thanks Scott Scott McCartney middle seat columnist at the Wall Street journal it's coming up on thirty minutes past.
"lufthansa" Discussed on AFF on AIR Podcast
"Lufthansa has announced a significant devaluation to its miles and more more frequent flyer program which will come into effect from next year. The changes will make it a lot harder to end status with that frequent flyer program. Especially if you're not flying that much on Luke Don's group airlines if you're looking for a star alliance frequent flyer program going forward Lufthansa Miles and more is not going to be a good option instead As Yana Club. Turkish Airlines and Jian Quite good programs for that Cathay Pacific. Meanwhile has announced a positive change to do the way that miles expire in its Asia miles frequent flyer program currently Asia miles expire after a fixed three period. Regardless of how much activity you have in your your account but miles end. From the first of January two thousand twenty would not expire provided he maintained some activity in Asia account at least once every eighteen months and this is exactly exactly the same policy. That's used by Qantas frequent flyer the one world alliance. He's considering launching a new system that allows frequent flyers of anyone headlines upgrade using the appoint so miles on any other one Rodale line. This means this means the could soon be able to use your points to upgrade on flights operated by Katha aways ways Malaysia Airlines British Airways and other carriers Qantas has delayed making a decision on Project Sunrise and to March. What's two thousand twenty? However it has announced that it will have tentatively chosen the Airbus a three fifty one thousand as the aircraft that it would used used operating the flights it could or twelve of these aircrafts if it decides to go ahead with projects on rise although no order has yet been placed Quanta says officially opened its brand new first class lounge?.
"lufthansa" Discussed on WBZ NewsRadio 1030
"The first fatality in this nation involving a self driving vehicle it was and birth it was in Phoenix and the uber killed a woman who was pushing a bicycle across the street and the NTSB says the self driving car could not anticipate the actions of Jay walkers and the S. U. V. was not designed to slam on the brakes the story is not done in that case certainly after days of outrage from passengers and politicians alike LAX airport is trying to fix its new ride Cher rule it's been a massive alley acts for a few days I mean I'm not exactly impressed it's a result of LA acts banning ride Cher vehicles like uber and taxis from picking up passengers right outside of the terminals instead passengers now have to be bused to a nearby parking lot to get their rides but it hasn't really worked passengers been waiting in long lines to get on the bus is and then waiting again to get their rights now is chaotic LA acts admits it made mistakes and says it's trying to fix them it's expanding that pick up lot hoping more space will mean last may him at like stone ABC news Los Angeles Logan airport also undergoing a similar experiment our live dance a canceling a Lufthansa rather canceling more than one thousand flights why not because of the jets but because of the workers it's a job action Germany's biggest airline is canceling about thirteen hundred flights because of a plan to strike by members of its cabin crew the forty eight hour strike began at midnight it's part of a bitter dispute about pay and to the union's legal status of tons says it's putting together a special flight plan and passengers will be able to check their flight status on its website about eighteen thousand passengers will be affected by the cancellations and that could impact Logan as well because they have operations there so definitely call ahead and the American lung association is recommending early lung cancer screening for the eight million people considered high risk this is doctor Jacobs sands an oncologist at Dana Farber between the age of fifty five and eighty whose lot figure out was within the last fifteen years sans things the low dose CT scans could save forty eight thousand lives every year a funeral earlier out in Yonkers for New York City firefighter who died of a nine eleven related cancer John pity on me was a nineteen year department veteran and a first responder during the terror attacks in lower Manhattan he died on Sunday leaving behind a wife and three children more evidence backing the.
"lufthansa" Discussed on WBZ NewsRadio 1030
"It's calling a suspicious death in eastern a woman was found shot in a home progress reported in trade talks between the US and China both countries would ease terra as negotiations continue a third death now in Massachusetts blamed on vaping a man in his fifties from Worcester county he had vague nicotine and T. H. C. shelter a Celtic sorry Charlie tonight looking for their sixth straight win First Lady Malani truck came to Boston yesterday to visit Boston Medical Center WBZ's can Tunnicliffe reports she was there to learn about programs to help adults and infants suffering from drug addiction sitting with a panel of the M. C. doctors Mrs trump listened intently as she heard about an innovative program that helps newborns who are going through withdrawals after being born to drug addicted mothers trained to be you medical students and other volunteers cuddle and hold those babies to help ease their stress the First Lady praise BMC and said she hopes similar programs will be created in other communities it is so important to our knowledge and so provide your doing as you may know it isn't easy to very focused on through might be best to just outside the hospital several dozen staff members held a silent Standen to protest president trump's immigration policies Kim Tunnicliffe WBZ Boston's news radio ice agents arrested more than a dozen people in a raid targeting undocumented migrants involved in the illegal drug trade in Massachusetts ice regional director Todd Lyons praising the work of his agents during an appearance last night on WBZ's died side with Dan rank the average ice season our officers spent about sixteen hours a day in the past few days out there and I would say we probably bad at about a two seventy nine this weekend for what for number that we hit the people arrested in the stain came from seven different countries a cabin crew strike grounds Lufthansa flights the airline canceling about thirteen hundred flights this morning the union representing the cabin crew in Germany says it's part of a bitter dispute with the Germany's biggest airline about pay and the union's legal status Lufthansa is putting together a special flight plan and passengers will be able to check their flight status on its website she waited till the last minute a local lottery winner claimed her six figure price just before the year was up we spoke with Christian Tejada director of communications for the mass lottery about a month ago we will put a notice out there that anyone holding this ticket that they had about a month left to claim it's a hundred thousand dollar prize in our mass cash game and thankfully the person showed up the the the price jasmine Henry of Boston claimed her a hundred thousand dollar prize she had until Friday to claim otherwise would have expired and the cash would have gone back into the lottery pull starting the day with a good breakfast is the idea behind a new bill on Beacon Hill WBZ's Carl Stevens has more on a possible menu change for some schools in Massachusetts the so called after the bell bill would require schools in some districts cross the Commonwealth to provide breakfast is part of the school day instead of before the start of school every one of the two that that first quarter over sixty percent of the kids are currently receiving free or reduced price lunch that's hearing macular president of project bread she says one in every eleven kids in Massachusetts don't have enough food to eat and it's hard to learn something.
"lufthansa" Discussed on 710 WOR
"Million dollars wow and of course from good fellas what was it called Idlewild in seventy eight I don't you know what I don't think well I don't know I don't think so I think we I think was JFK I'd have to check by then yeah I I but I don't know I thought the movie they could refer to JFK no I thought there for did as I okay maybe rightly the Lufthansa Natalie act that great hello yeah brilliant producer. he checks out right you didn't have it at your fingertips you check out when they change the name from I'd awhile to JFK yeah you'll slow this morning Natalie yeah little little slowly up we need support to keep this thing going for a class live in the trees Sega. her swelled head to regard she just kicking back there the reason I bring this up we know it's now JFK apparently yesterday thieves made off with three hundred thousand in cash well what the hell is going on I don't think where was the cat well see that they're not given all the cells is according to post and let's see. this is a funny story to post. they were it's under investigation had to do with an armored car that was set to be flown to Florida way way they're gonna fly an armored para Florida it was a shipment from an armored car that with it they're not that we're sending the cash right the Florida and you made it sounds of the armor crimes going to drive up into the plane to be flown there K. well I would think watches take the cash out of the armored car and put exactly well that's what they're doing see I followed your advice. they thought it was dubbed. the cashier there as anyway the story goes it's unclear when the cash was taken but this is another JFK heist this one law enforcement source said hard times for robbers a meager it's only there is a thousand dollars that would have been some change for the mob yeah well the Lufthansa heist.
"lufthansa" Discussed on AP News
"Two percent of man made emissions worldwide Lufthansa service comes at a steep price a single academy class ticket from Frankfurt to New York is four hundred fourteen dollars more expensive if customers by the climate friendly fuel president trump's dismissing fears of recession but as a P. Washington correspondent Sager Madani reports a new survey shows the number of experts expect one in the next two years as he returned to the White House yesterday I don't think we're having a recession we're doing tremendously well the president how did an economy key to his reelection hopes are consumers are rich I gave a tremendous tax cut and they're loaded up with money but the tax cuts are one reason some economists fear a recession ease comic thirty four percent to the national association for business economics surveyed say they believe it'll happen by the end of twenty twenty one that's up from twenty five percent in February amid concerns the president's Terence and a higher budget deficits will slow the economy soccer mad Donnie Washington AP radio news I'm Jacki when Germany's central bank is issued a gloomy reports suggesting that country may be heading toward a recession that does not help the jitters in the U. S. intensified last week by a bond yield curve in version but White House counselor Kelly Ann Conway says faxes the fundamentals of our economy are very strong and you know it today the stock market rallied five years after the death in New York City of Eric garner who was wrestled to the ground by police officer Daniel Pantaleo was fired garner's mother says that's nothing compared to what she lost July seventeenth two thousand and fourteen I lost my son you cannot be place that you can get another job maybe at Burger King okay California's governor signed a bill shrinking the window in which police officers can use deadly force but he says there's work ahead one thing to sign a piece of paper pass legislation another to change hearts and minds to change culture Planned Parenthood is stepping aside from a federal family planning program are my grass here report after years of threats from conservatives to defund Planned Parenthood the organization walked away from the federal family planning program on Monday the decision was in response to a new trump administration rule prohibiting clinics from referring women for abortions court papers show that financier Jeffrey apps dean signed a will just two days before he killed himself in federal jail in New York City a law firm estimates that abstains a state was nearly five hundred eighty million dollars but it has no details on any beneficiaries the governor of Texas is calling on Facebook Google and Twitter to brainstorm with state officials on how to stop spreading the ideology of violent extremists it comes in the wake of the el Paso shooting the rock has got married Dwayne Johnson bearing his long time girlfriend in Hawaii this is a P. radio news two Muslim lawmakers are blasting Israeli leaders for blocking them from visiting congresswoman Rasheeda to leave an inline Omar question why they were kept out of Israel Omar who is from Minnesota says Congress needs to consider cutting aid to Israel stop the expansion of settlements on Palestinian land and the usual full rights for Palestinians Israel says the two were denied entry because of their support for an international boycott of the country that is considered a security threat I'm Tim acquire census bureau figures show that foreign born residents have higher rates of being employed full time in the U. S. than those who were born in this country naturalized immigrants are more likely to have advanced degrees than the native born the figures come as the US is engaged in a fierce debate over immigration I Jackie Quinn AP radio news more news right after this farmers insurance knows that there's a not so subtle difference between the sound of.
"lufthansa" Discussed on KNST AM 790
"Reportedly given to strike Iran. I'm Carmen Roberts, Fox News. President Trump reportedly ordered the US military to launch a retaliatory strike against Iran for shooting down the US drone, but abruptly called off the attack published reports site US officials on the plans that operation with in its AVI stages, according to this report planes in the ships were in position. But no missiles had been fide when would came to stand down as latest seven PM ministry, diplomatic officials were expecting a strike after intense discussions and debated the White House. It's not cliff this was called off, because of strategy logistics orphan, bead, the strikes, might still go ahead. Fox's Benjamin hall roared or says that Iranian officials told reporters today that Tehran received a message overnight from President Trump message was sent through Oman. And it warned that a US attack was imminent Romanian officials say the message. Said President Trump wanted to talk wanted to avoid war that they needed to discuss several issues. No direct communication, though, reportedly took place, the FAA responding to rising tensions by banning all US airlines from flying over Iranian airspace, in the straits of our moves and the Gulf of Oman, the Dutch Airlines KLM and Germany's Lufthansa say they won't fly over those areas either Georgia execute secure attorneys for Marion Wilson junior argued his accomplice, fired the shotgun blast that killed Donovan Corey parks in nineteen Ninety-six the forty two year old receiving a lethal injection after the courts. And Georgia's board of pardons and paroles declined to step in butts was executed last year. Fox's Steve Rappaport said that execution took place last night, and a fire, an Indonesia kills at least thirty people including three children. The fire swept through a house that doubled as match factory..
"lufthansa" Discussed on Bloomberg Radio New York
"We had a week of gains for global equities last week, but of softness on Friday, the stock six hundred straight out of the gate is opening pretty much flat. Looking at industry groups. You're seeing a few more in the green and the red with banks and tech stocks, leading the gains travel, and leisure companies and personal and household goods leading the declines across the regional equity benchmarks the footsie one hundred opens higher by one tenth percent. The CAC forty higher by a tenth of a percent, were waiting for an opening price on the Dax, but the footsie may edging into the green as well. So some very, very muted gains as futures were indicating in terms of US futures. We're seeing those a little bit on the front foot S and P five hundred Emmys up a tenth of a percent, NASDAQ futures higher by almost a quarter of percentage point and Dow futures higher by tenth. Percent. We saw some weakness in US equity markets on Friday. Was it? The good news was read a little bit as bad news. As we got that retail sales and manufacturing output data to change anything when it came to the fed the market is still pricing, two to three rate cuts for twenty nine thousand nine economists a little more reserved, but they are starting to see a rate cut for twenty nine thousand nine according to a Bloomberg survey. And that takes us to the treasury market, the ten year yield up two basis points approaching two eleven handle again, we hit as low as two five last week, but that yield moving a little bit higher. The two year yield trading at one eighty seven and we're seeing a touch of curve flattening on the twos. Tens for a second day in European bomb markets. You see the tenure Boondi steady negative twenty five basis points, the ten year yield barely moves. Of course it's a big week for central banks. We've got the fed what we also have the B O J and the Bank of England, Dalian trades flat. One eight spots, sixty one could a dovish fed a spur the B O J to ease at some point via the conduit of a stronger yen. That's a question. Some of the markets asking themselves. As well and commodity markets. We're looking at where we were looking at a third day of gains for Brent crude falling some comments from the Saudi oil minister about output cuts. But Brent crude now steady at sixty one spot Ninety-Eight declined on the week last week, WTI fifty two spot. Forty five also pretty much unchanged. So that's how your market to set up broadly. Let's get to our stocks to watch Simon status in the studio with us, our Bloomberg stocks editor and there's lots to talk through. Let's kick it off with Lufthansa Sam you looking at. And we just gonna I think price down nine percent. The second profit warning this year, and this one very specifically focused on Eurowings, which is their low cost the low cost carrier's side of their business. So you're seeing as well that Ryan Aaron EasyJet, taking your hair. In fact, the entire sector is, is falling on the left hand numbers margins taking a big hit because the pricing pressure, the pricing competition in European low cost airlines is very, very fast. Yeah. And as you say, that's why we're seeing the travel and leisure index as I was saying, one of the worst performance on the stock six hundred if we take a look at H M as well. What are we expecting here out of the stock sales beating analysts estimates? But it wasn't a big year. Very smoggy. And I think the question for agent is not so much on the sales have been rising. The problem is, whether that is translating into profit growth, and today was just a sales update. Right. So at the moment, it looks as though investors are not particularly convinced that is going to happen because their shares they actually opened ever so slightly higher there. Now down about percent likely to change in that kind of range for that for the rest of the. Yeah, I mean, maybe some of the commentary, causing concern, they did say didn't they that there's hard work and many challenges, still remain. But they did say the transformation work has taken them in the right direction. We'll see how those have all through the day. What else are you looking at? I know we were waiting to see if maybe we saw some move on Deutsche Bank shares following that report in the FTSE, and you're also looking at some. Merger news year. That's why don't you actually they are moving a little bit this morning. There's an F T report. Their way sending up a bad back. I think any news that suggests that you're taking some really strong actions to try and strengthen the business taking pretty well there. She has about one point five percent just a moment ago. And yes, also Babcock cooking circle big UK outsourcing companies circa, apparently made a bid those confirmed this morning by Babcock earlier in the year that's been rejected. But this does seem this could be the start of potentially some consolidation in the outsourcing sector, which prophecies under pressure. With Brexit slowing down contracts, world's great to have you with us, Bloomberg stocks editor Sam instead with us in the London studio got a redhead just crossing the Bloomberg a sandwich talking that Airbus is said to get a major hundred plane. Order from Lisa, this Airbus order from elis could be worth around eleven billion dollars. That's what we're learning is the headlines are coming through, and the Airbus order from early is said to be for a two twenties and a three two. Two one x l so that's what we've got through on the Bloomberg the redhead from Airbus said to get a major one hundred plane order from elis, or let's turn to our top stories, then and US commerce secretary Wilbur Ross has downplayed the prospect of a major trade deal from the potential meeting of President Trump. And she he says the most that will come out of the g twenty summit is an agreement to resume talks negotiations broke down early last month with both sides, blaming the other. The trade will meanwhile has Intel reviewing its global supply chain. That's according to chief executive, Bob swan. He says the chipmaker doesn't believe tariffs are effective, and is encouraging the government to engage in talks. He spoke exclusively to Bloomberg in Tel-Aviv since the tariff started last year. Both with what with our manufacturing operations as well as the assembly operations of our customers have been working to mitigate the impact of terrorists by looking at more, effective ways for the movement of goods around the world, so that our products won't be more. Expensive at point of sales. That was Intel CEO baba swan. Hallway is preparing for a forty to sixty percent drop in international smartphone shipments. According to see you run junk Fe that amount to as much as thirty billion dollars in sales. That's the Trump administration's blacklist is starting to hammer one of the tech. Giant's most important businesses. If non domestic sales accounts for almost half of the over two hundred million foes, it moved in twenty eighteen now to the most read story on the Bloomberg terminal, this morning, UBS may be suffering the fallout from the Chinese pig comments by global chief economist we're told China railway construction excluded UBS from dollar bond sale. It's the first known corporate issue to distance itself from the Bank after pull Donovan's words, sparked fury. The lost fees should have only a negligible effect on UBS's figures, but CRC's decision threatens to complicate its push into China dossier is considering setting up a bad Bank unit as we touched on in stock to watch it could've. Eventually hold as much as fifty billion euros. That's according to the financial times, the plan is part of an overhaul of the German lenders trading operations, the revamp isn't finalized. But the F T reports it could see the shrinking or closing the bank's equity and rates trading businesses outside of Europe, tone into UK, politics and Boris Johnson has been ridiculed by his rivals for failing to turn up to the first TV debate of the conservative leadership race. Jeremy hunt asked if he wound debate with pretty friendly colleagues house. He could affair with twenty-seven European countries. The five who did debate on channel four clashed over how important it is Brexit happens by the end of October Dominic Robb, and Michael go disagreed about whether the next pm should suspend parliament shown you take another extension. You take off the table. You sit the legislature defend our democracy. Draw democracy. Tate britain. Against the will of Paula of the best deal. That was the Tory leadership candidates, Dominic Robb, and Michael go speaking on channel four the annual summer retreat this year is supposed to celebrate. Two decades of the euro, but as Bloomberg's Paul Gordon explains. The talk in the room is more likely to be, how to get past the short-term challenges under US lead tariff threats and political uncertainty such as bricks. If the euro zone is facing shrinking manufacturing, the Khuda spread to the services sector. The question is what the can do about it. President Mario Draghi insists there is room to cut interest rates per the below zero and to resume constant easing. Investors, though, are less confident market-based based inflation, expectations of slum to record low. Some speakers are likely to call for governments to do their bit with fiscal stimulus in Frankfurt. Paul, gordon. Bloomberg daybreak Europe. Those are your top stories now with the latest in global news, here's Bloomberg's leeann guarantees. Leeann high. Good morning, Nara. Hong Kong's government headquarters remains closed since protests against a controversial extradition, Bill continue. Bloomberg's currently says organizers claim almost two million people marched on Sunday. Please put the peak figurative around three hundred forty thousand the day after the city rose up in defiance following Kerry land suspension of a contentious extradition, Bill, hundreds of thousands of people clad in black Jim the streets on Sunday, eventually drawing a formal apology from the embattled chief executive in Hong Kong. Karen Lee, Bloomberg daybreak Europe Argentina's not ruling out cyber attack after an unprecedented power. Blackout struck five South American countries on Sunday. Bloomberg's Amy Stillman says generators at a hydroelectric politics. Paraguayan suddenly went offline Argentina's investigating the incident which began with the fault and its power grid that has yet to be explained a cyber attack has not been ruled out Mexico City. Amy Stillman bloom. Daybreak europe. Saudi Arabia has joined the US, and accusing Iran of attacking oil tankers in the strata of her Moos, Bloomberg's Antony depowered. How has the details in an interview with Saudi newspaper shark principal. Hamad bin Salman said his country isn't looking for war, but we'll do what it has to defend itself. The crown prince didn't offer additional evidence for the bombings, the Saudis of also said, Iran was responsible for explosions that hit four tankers in the area last month. Indivi- Anthony de Paulo, Bloomberg daybreak Europe.
"lufthansa" Discussed on KMJ NOW
"Appleton. Newstalk five one zero five nine km Janelle, no one. But every time I take one of these cruises out of the country for a couple of weeks three weeks. This is a long time for a holiday it. Feels like I've been gone for her. Burn headed ain't been that long. Some of you may even noticed I was missing. So it's just weird. Very weird. Very very. The a trip got off to kind of a weird start. I had booked two days in Barcelona the for the official crews began and because I love Barcelona and that the big tourist haunt their coats. Looks Ron blue in the area where booked the hotel very nice hotel was an very nice shopping area. And I like to shop who K most men don't like to shop. I must have been a woman in my last night. He two lives because I love to shop with her. I'm buying stuff or not if I'm buying somebody else where I'm going with somebody who's buying for themselves or I'm buying for me alumni shop. So I don't get it. A couple of days in Barcelona in an area that I'm somewhat familiar with. I'm gonna dig that in the plane is like getting out of where was it? I connected Salt Lake or somewhere. Don't remember. Now, it was like two hours late getting off the ground an hour. Two hours Lufthansa was the airline. And I don't know if I'll ever. Fly them again. But totally missed the first day in Barcelona, which I prepaid for and had to spend the night in Munich, Germany, which is fine. But what I didn't understand this. This wasn't our fault, and the airline acknowledged that we're gonna take care of you wanna get you on the next flight. But every flight that we were allegedly booked on. We were booked as a standby. And even though there were seats available now if somebody purchased ticket at the last month and last minute pumped. I got I got about four times and hanging around the airport. Forever was not of joy. And finally the last flight we'll get you out of here was cancelled. So I had to spend the night of Munich, and they paid for and all that by missed my first day in Barcelona's, let only give me one band Barcelona. So off the kind of a shaky start, you know, and then I get on the ship to ship that I I love no problem. No problem at all never way. This was booked. We were going to be in a different port every day. I think there was only one day it seemed maybe no days. It's like the days at sea. By the way, it gives you a chance to relax hanging out on your your balcony. And just look at the world go by which is basically all blue because it's water. And so this was going to be very ambitious move move. Move move move every day immediately. I ate Bank bad, weather, bad weather, and we made it into the first stop, which was Marseilles, France, and I elected to go on to Provence, which was not that far away. And it did some shopping there had some great food and all that made made a deal with the cabbie who spoke brilliant English to take us to prevent in drop us off for three hours, and then come Guinness not charges for the three hours that we were there, very cool guy. I thought so we we agreed upon a price and beginning spoke flawless in which I thought was very reasonable a little exorbitant. But okay, this is fine. So we get into Provence. He's talking all the way they're pointing up this. And that and very I loved it. I loved it. So finally, he comes and get us on time those little worried he may stiffest, but he hasn't been paid yet. He comes and gets us three hours, four hours, whatever it was right on time. Takes us back to the ship in Marseilles. And okay, how how much do I owe you? I forget what we agreed upon. He shows me the the meter and it's like two hundred and forty five euros. Like, dude do know that. I mean you misunderstood. I did not misunderstand you I did not have enough money in my wallet the covering. He didn't take plastic, but I wasn't going to pay him two hundred forty five euros. That's like two hundred seventy five dollars, no way. So we went round and round and rowdy finally agreed upon Chevy five euros each way hundred fifty euros which was not the deal that we bargained for so already off to good start and having the traveling over to Europe since the will I went to England for the first time in seventy nine and stayed there for about ten years and finally got brave and ventured into western Europe. So I'm really good, you know, picking up cabs and bargaining. And even if they don't speak English, and I've never ever had this problem before I was so he owed. But anyway, okay, I'll let it go. Let it go. So first night. Well, second official.