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Marketplace All-in-One

Could deep sea mining help Pacific islands’ economic resilience?

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 30 December 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

From the BBC World Service: Norway has suspended its plans for commercial-scale deep sea mining after facing criticism from environmental scientists. In the Pacific, the Cook Islands hopes the practice could help bolster its economy, but it’s not without opposition. But first: South Korea’s acting president has ordered a safety inspection of the country’s entire airline system after 179 people were killed in a plane crash on Sunday.

Transcript

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0:00.0

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0:22.4

Marketplace.org slash donate or follow that link in the show notes.

0:28.8

A deadly plane crash in South Korea. Live from the UK, this is the Marketplace Morning

0:34.5

Report from the BBC World Service. I'm Gideon Long,

0:37.9

standing in for Leanne Burne. Good morning. South Korea's acting president has ordered a safety

0:43.2

inspection of the country's entire airline system after 179 people were killed in a plane crash on Sunday.

0:50.6

The Juju Airplane burst into flames as it crash landed at South Korea's Mwan International Airport, killing everyone on board apart from the two crew members.

0:59.5

The BBC's Nick Marsh has been looking at the impact on Jiu Air.

1:03.1

The share price has gone down a lot this morning in training in South Korea, as you'd expect, hit a record low.

1:09.8

It was down as much as 15% this morning

1:14.4

might seem trivial to talk about these things, you know, given the scale of the human tragedy

1:18.6

that we saw yesterday and that's continuing into today, but it does, you know, form part of

1:23.5

this one big picture of what's happening. I suppose, in terms of what happens now, we're

1:28.5

still waiting for more details to emerge. There's still lots of unanswered questions as

1:33.9

regards to the potential bird strike or why the landing gear didn't go down. The bosses of

1:39.0

Jejuweer in the meantime have already apologised. South Korea's government is opening an investigation

1:44.0

into what happened.

1:46.3

The plane was a Boeing 737800. The company has issued a statement expressing its condolences to the families involved.

1:54.0

They said that they were ready to support the investigators in Korea.

...

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