We hear from a worker who hasn't been paid in weeks and examine the wider impact on America's economy.
And, what's happening on the opening day of the COP30 climate conference in Brazil.
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26:21
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26:21
Is the US government shutdown about to end?
Leanna Byrne looks at signs that the United States may finally be nearing an end to its record-breaking forty-day government shutdown. The Senate has voted to advance a bill to pay federal workers and reopen parts of the government but it still needs approval from the House. Also, two of Africa’s biggest diamond producers Botswana and Angola, are in talks to take control of De Beers, the world’s most famous diamond company. And in Japan, a surge in bear attacks prompting the government to roll out emergency measures and forcing companies, farmers, and local authorities to spend millions on safety precautions.
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8:57
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8:57
US government shutdown grounds thousands of flights
There've now been more than two-thousand flight delays or cancellations in the US linked to the continuing government shutdown. International routes aren't being affected, but many air traffic controllers who've gone unpaid are calling in sick or taking other jobs. Jamaica is set to receive a $150 million payout from its catastrophe bond after Hurricane Melissa. It's the first time it’s been triggered in full. The World Bank tells the BBC it’s a vital boost to the country’s recovery.
Andrew Peach also examines Elon Musk’s trillion-dollar pay award after Tesla shareholders back a record-breaking deal that could make the world’s richest man even richer. We hear from one investor who voted against it.
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26:27
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26:27
Jamaica to get $150 million from “catastrophe” bond
The World Bank has confirmed that Jamaica will receive a full $150 million payout from its catastrophe bond, which is the maximum possible, after Hurricane Melissa met the pre-agreed trigger conditions. Leanna Byrne hears from Jorge Familiar, the World Bank’s vice-president and treasurer.
Also, one of the biggest broadcasters in the UK has confirmed its "preliminary" discussions with Comcast, owner of Sky, to sell its broadcasting business for around $2 billion.
And, as the US government shutdown hits 38 days, we look at one government tax lawyer in Washington DC, who is staying busy by running a full-time hot dog stand.
Presenter: Leanna Byrne
Producer: Ahmed Adan
Editor: Gideon Long
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8:59
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8:59
Elon Musk’s record $1 trillion pay deal approved
Tesla shareholders have voted to approve a massive pay package meant to retain the services of its billionaire CEO Elon Musk. The deal requires Musk, who is already the world's richest man, to drastically raise the electric car firm's market value over a period of years. Also, U.S. passengers brace for disruption as airports cut flights amid the government shutdown.And a judge in the US state of Texas has agreed to dismiss a criminal case against aviation giant Boeing in connection with two plane crashes that killed more than three hundred and forty people in 2018 and 2019.
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