Important problems can become a long term business model. And imagine a 19 hour flight crammed in economy falters completes a double sunrise test flight from london to sydney. And mentors will and thats the business things are less bright than they might appear in the German Economy thats according to a survey of chief Financial Officers conducted by Management Consultancy to lloyds it found a shop drop in both investments and recruitment with levels the lowest in 7 years the Auto Industry engineering and chemical sectors of the most pessimistic especially in Investment Banking sector trails in recruitment the survey showed see a photos will most concerned about a full cost drop in domestic consumption in the coming year digitisation came out as the 1. 00 area theyre still happy to invest in. Lets go to Chelsea Delaney of financial correspondent in frankfurt chelsea just how bad is the situation because i mean germanys just narrowly missed a recession it is basically stagnating wouldnt investments from both the public and private sectors be exactly what the doctor ordered. Well thats what economists investors have really been begging for over the past couple of months and vestment is really really the bedrock of Economic Growth so the deterioration and willingness to invest especially in the Manufacturing Sector is definitely a concern for long term Economic Growth but there are a lot of obstacles on both the public and private side for investment Going Forward the German Government still is sort of saying they dont want to do fiscal stimulus and the private sector its really hard to imagine any sort of Manufacturing Firm investing and long term Manufacturing Activity and things like that given the economic climate so i think its hard to imagine german and thats not really going up from here thanks for joining in chelsea so lainie the German Parliament has cleared the way for stream to a contentious pipeline well see rushing against delivered directly to germany under the baltic sea angering traditional transit countries there also fears most who could use it as a Political Tool its turned off the taps to customers before and washington doesnt like the project the u. S. Wants to sell its natural gas to europe. North stream to pipeline is owned by Russian Energy concern gazprom the gas it carries is also gas problems but a new e. U. Regulation says the pipeline owner and gas provider must be Different Companies as of 2020 but that would apply to nord stream too which is still being built so the German Government is claiming that since the pipeline is as good as done it shouldnt come under the looming legislation. The plan is for the 1200 kilometer long pipeline to transport an additional 55000000000 cubic meters of russian gas directly to germany the gas is needed to secure electricity supplies now the country is phasing out nuclear and coal power e. U. Countries as well as the u. S. Maintain that a 2nd gas pipeline across the baltic increases europes dependence on russia in the u. S. There have been warnings of sanctions on European Companies taking part but michelle harms whos just returned from washington thinks thats unlikely. Stream too is a difficult subject for the americans. I made our position very clear and i believe that the arguments have been heard that we need to coordinate efforts with our allies and we shouldnt punish those Companies Involved in the project. The pipeline is almost ready if everything runs according to plan nord stream 2 will Enter Service in the 2nd half of next year. Joins us from our russian desk well what would sections achieve for washington. Well washington probably wants to stop that project and i guess there are several reasons for that mainly the main reason is that this project will make you germany and europe in general more dependent on russian gas russia is already number one supplier of gas to germany with over 30 percent and we all know the germ of the trust has used to get supplies as a political 2 against ukraine in 200620095 cutting off supplies so always such a possibility it is from the United States ports of view and from the point of view of some critics of the project in europe is dangerous to make yourself dependable i also think the United States my probably tried to postpone the project to give ukraine some time to reach a new transit agreement with russia so that starting in 2020 the gas will still be flowing through ukraine otherwise ukraine will be more dependent for russian prussia more vocal more vulnerable why then is germany trying to skirt the e. U. One laws that are meant to prevent the abuse of supplies. Well i guess the German Government is trying to do what the German Economy thinks is good for her german companies. Participating in that project and it is a very lucrative project for the german for german business germany will be the major gas card for russian gas in europe and this is of course very attractive and i also think the German Government is going sid ring that in the coming years germany will germany will need more gas because it will it will be giving up on Atomic Energy and it will need some things to substitute that or to also also be giving up on oil on coal as a source of Energy Fossil Fuels and that is why German Government is calculating that it will need more gas and this is why i think is the major reason for pushing that project forward oh man just tell me could the project still fail. I think this is very unlikely we have only a few weeks and the project will be nearly over so its done 90 percent and i dont think that anything and you sanctions from the is going to stop it. Thank you for us from al this in on thank you very much for the money where your mouth is young a wee jinsa showing the rest of the world how to invest in an ethical and environmentally friendly way the idea is to support those corporations that are building a Sustainable Future taking into account their impact on society and the planet. For the trip to work or to go out shopping or to visit friends. Mostly uses a bicycle not just because theyre on every Street Corner and cheap to rent the 28 year old is concerned about protecting the environment wherever and whenever we can. We also have to look at what sort of. Things we can do to help our not just your mode of transportation so what im also doing is looking for ways to invest my money which will which will help. The environment over the next 50 years i consulted nor da wants to invest his money sustainably he puts his money into Renewable Energy funds rather than coal or weapons and he also invests in companies that respect workers rights in scandinavia large banks like norways d. N. B. Began creating those types of funds 30 years ago long before it was thought of in the rest of europe today Portfolio Manager young secrets and sees rapidly growing demand and many investors want more than just a small Carbon Footprint i think we see more and more sophisticated questions they are not on there anymore just measuring their Carbon Footprint of a company which is not a very good indicator of if the company is responsible or not but they are looking more deeper into it and see what the companies are really doing for society that has been influencing decisions about where a fund invests and where not key to burn has developed a process to make diesel fuel out of Plastic Waste hes just built a factory to make the fuel on an industrial scale thats perfect for environmentally conscious investors. He sold or could be part of the solution to the Plastic Waste problem and to have large investors like indian be focusing on the this is of course a strength to what we are doing. The fact that these new technologies dont offer maximum profits is not a deal breaker for those investors. If you only look to maximize value right now youre. Going through. And so for me its. Just revenue now. Sustainability and profit are no longer mutually exclusive according to Fund Managers secrets and quite the opposite finding solutions to mankinds most important problems can also become a long term business model. Landmark decision the European Investment bank will stop funding fossil fuels by the end of 2021 that includes natural gas projects comes into effect a year later than proposed by Member States many e. U. Countries still rely heavily on gas to power electricity grids policy changes need to strike the right balance between protecting the environment and keeping the lights on across the continent. Well im off to australia this weekend im dreading the flight its hell but i wish someone had told me about this next story instead of changing planes halfway and spending a full day in the air i could have joined this trial by quantas theyve just flown directly from the u. K. Down and. When the brits 1st arrived in australia in 1788. 00 it followed a voyage of 7 months flight q. F. 7879 touchdown in sydney after 19 hours and 19 minutes the boeing 787 dreamliner carried just over 50 passengers and crew on the 18000 kilometer journey. First to emerge at the other end and looking reasonably fresh to see alan joyce. He was greeted not only with a didgeridoo but with glowing words about the century old National Carrier from australian Prime Minister scott morrison. I think the so many astride ians its the optimism of quartus from its 1st eyes to these always saying the opportunities going ahead before them and chasing them with such passion that i think inspires the stride in so much. The flights from london follows last months direct trip from new york to sydney as quantas prepares to begin regular nonstop services between australia and the 2 global cities. Just at the c. E. O. Wouldnt have arrived glowing if hed been crammed into a car like. Business 50. And now we affectionately but as affectionately as you can. Be true to him in the middle of his Election Campaign in. 2000 the documentary was filmed for russian television. To turn the chair. God of course the film secretly chronicled a power grab actually everything was precisely planned instructional. Featuring top supporting role. To the freedom of russia. And featuring a lead role like youve never seen before. But im here for that amir of itch to the ends justify the means. To tims witnesses starts december 13th on t. W. Welcome to news from the world of arts and Culture Climate and culture are in the news with venice underwater well be looking at the relationship between climate and the arts also coming up. 100 faces from 100 years of life the photographers look at all the age use. And the invention of the light bulb ended the natural alternation of light and dark and intriguing Art Exhibition looks at how electric light has changed. Current weather patterns around the world are showing us quite clearly that we are not looking after all planets and recent pictures coming out of venice some naturally disturbing not just for the local population that but for our lovers around the world and indeed anyone who has visited this extraordinary city in northern italy the crypt in st marks basilica unesco World Heritage site is on the water and this is the 6th time this has happened in 1200 years but 4 of those times have been in the last 2 decades. The Climate Crisis is threatening our Cultural Heritage but is the arts world also a fan