Original version

BBC World Service Australasia

Business Matters

Discussion & Talk

Factual: Money

Global business and finance news and discussion from the BBC

Global business and finance news and discussion from the BBC.

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service

BBC World Service South Asia

BBC World Service News Internet

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

Business Matters: US Airlines ask for 'immediate intervention' on 5G

GettyImages-1287219333.jpg

18/01/2022 GMT

US Airlines ask for 'immediate intervention' on 5G

BBC World Service - Business Matters, US Airlines ask for 'immediate intervention' on 5G

Ten airlines warn of major disruption if 5G services are turned on later this week.

Ten of America’s biggest airlines are warning major disruption if 5G mobile phone services are switched on as planned on Wednesday.

The bosses of ten of America’s biggest airlines are warning that the United States “is facing major disruption of the traveling and shipping public” if 5G mobile phone services are switched on as planned on Wednesday. They have written a letter outlining urgent concerns which has been sent to Transportation Secretary Pete Buttigeg and the head of the Federal Aviation Administration. We hear from our business correspondent Johnathan Josephs.

China has unexpectedly cut a key interest rate for the first time in almost two years as official figures showed its economic growth had slowed. Geoffrey Yu, senior market strategist at bank of New York Mellon, explains the possible reasoning behind the move.

Walmart, the giant American retailer appears to be considering a launch of a virtual currency. But governments are increasingly anxious about them. Prime Minister Modi of India on Monday called for co-ordinated intergovernmental control on cryptocurrencies. Spain has said people who advertise cryptocurrencies will be regulated by the country's financial watchdog. We speak to Glen Goodman about the lack of regulation in the crypto world.

Throughout the programme Jamie Robertson is joined by Andy Uhler of our sister programme Marketplace. He's in Austin,Texas. And Nabila Ahmed, Asia Finance Correspondent for Bloomberg in Sydney Australia.

Picture: Flight instruments of a modern jet airliner. Credit: Ollie Desforges/Getty

Accessibility links

Programme Index

Business Matters

US Airlines ask for 'immediate intervention' on 5G

Genres

Formats

Brand

BBC World Service Australasia

About BBC World Service