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A large number these 8 percent are concentrated on the german Manufacturing Industry and this industry is in trouble at the moment it is basically in a recession for one and a half years now that is to say that production is shrinking that new incoming orders are shrinking so this part of the German Economy is not doing well at all is that all down to the to the trade war the insecurity about brags it all the other reasons as well. This is definitely one of the main reasons the breck city uncertainty surrounding the breaks and the uncertainty surrounding the trade war this has had an impact on the political industrial cycle and germany is a very important part of that industrial cycle but there are also difficulties currently in the german Automotive Industry which is you know transforming its production from the from the combustion engines to the electrical electric motors this is currently also. Having big problems at the German Economy on the other hand there seems to be some optimism as well amongst exporters quite a significant jump in sentiment actually where does that come from this is also coming from the Manufacturing Industry so this is now the outlook for the next couple of months and what we see there is that german manufacturers are getting more and more optimistic concerning their export business the more almost as a from the few institute thank you very much for joining us here on business asia thank you china says it will lift tariffs on 6 u. S. Products for a year in a goodwill gesture after beijing and washington agreed on a phase one trade deal last week the goods most of which are Chemical Products will be exempt from additional charges from december 26th to december 25 next year prior to the phase one deal that was announced last week china confirmed that it would exempt some u. S. Soybeans and pork from tariffs china is expected to announce additional of exemptions in the future. Does talk about with our financial correspondent caller bosun in frankfurt that goodwill gesture has failed to inspire the stock market whys that. You know good hard skeptical people here are saying that the fact that it needs those goodwill gestures by china might mean that the whole phase one deal might not be much more than a p. R. Stunt by the administration we do not know many of the details yet we do not know when it shall be signed so this makes investors nervous and limits the potential for the stock market to rise further another factor is of course that pietschmann in washington against donald trump while it might not have a direct impact on Investment Decisions yet it sure is something that people on the market are talking about. In other news the swedish bright spot its the Oldest Central Bank in the world has increased Interest Rates today after 5 years of negative Interest Rates is there a message for the European Central bank. Of course this hours reactivated the discussion here about the Monetary Policy by the e. C. B. Because there are lots of similarities between the European Central bank and the rykes bank but there are also a lot of differences both have this 2 percent price target this inflation target where price stability is defined but im like here in the euro zone in sweden this inflation target has been met for quite a while so there are good reasons for the swedes to raise their Interest Rates but there are good reasons for the European Central bank to keep them where they are on my books and in frankfurt thank you. Talked about central bank the bank of japan is leaving its short term policy rate unchanged at negative 0 point one percent confirming a moderate expansion of the economy off the rise in consumption taxes in october majority of the Central Bank Governors meeting in tokyo voted in favor of its current easing policy doing the buying of government bonds and the goal of the 0 percent return on benchmark 10 year bonds bank says there is no increased risk of a downturn in japans economy. Boeings production stopped for its 737 max is affecting hundreds of supplies making critical parts for the airline though boeing has said it was not lay off any of its 12000 employees economists fear smaller suppliers may be forced to cut jobs. Dozens of fuselages waiting for wings but grounded indefinitely this is the headquarters of spirit aero systems in wichita kansas spirits biggest customers boeing spirit supplies not only the fuselages but most of the parts for the 737 max aircraft its which it turns largest employer providing more than 10000. 00 jobs but many wonder for how long. Could be way off could be for. I honestly dont know its about. All i know is a dozen or 2 good. Boeings woes are also being felt here at French Companies so far group it coproduces engines for the 7370. 00 knocks itself cross says it wants to maintain a minimal production level for boeing rather than stopping outright British Company make it another supplier said boeings production halt is hitting its profits by about 1000000. 00 a month. I think hauling production has a pretty major downside that disrupts the whole supply chain that puts labor. Terrible spot that causes. Real sloss of the economies of scale that this airplane has. The 737 max has been grounded since march after 2 crashes in the space of 5 months killed 346. 00 people in indonesia and ethiopia the grounding has cost boeing more than 9000000000. 00 so far. Regulators told the Company Last Week that it had an Unrealistic Expectations for getting the plane back into service the lack of clarity over a timetable has not only hit boeing hard but also its suppliers around the globe. Traveling have it seen to be changing and growing concerns over the climates and germany europes biggest economy domestic flights fell 12 percent in november from you according to the german airports so solution record numbers of passengers are now taking the train thats the Worldwide Air traffic is projected to rise dramatically in the coming decade by 2040 but the number of tickets sold is expected to double to reach 9400000000. Major Indian Telecom firms have cut mobile and Internet Services in parts of delhi on government orders as protests rage against a new citizenship law the new law eases citizenship rules for people fleeing persecution from 3 neighboring countries but it excludes muslims vodafone n. G. O. S said the government had issued an order asking them to restrict services in some parts of the county. That would you drink something called the team thats a firm entity originally brewed in action china you might have already tried it as a drink thats gaining worldwide popularity after more than 2000 years. This is green tea on its way to become income butcha a culture of bacteria in east is the magic ingredient here the firm entity may look somewhat dubious but alexander the cutie cup is betting on it hes one of the founders of carried. The Company Currently only produces around 4000 liters of the drink per month but its hoping to expand. Hoping to make a mainstream drink drink that everyone knows about and can find on a fortune. In the soviet union come to was mainstream people brewed the drink in their kitchens it was known as the Team Mushroom chile cup still experiments at home with new flavors for terri bouquet he and his Business Partner ilya davies john founded karibu in 2016 as the 1st russian Computer Company they still try to use mainly russian ingredients for their flavors including juniper berries and pine nuts and they add a healthy dose of nostalgia as well. As we always waited for our grandmother to pour as a glass of fresh mushroom. It was only after the fall of the soviet union in the ninetys the fountain and cocacola and all those carbonated soda started pouring into russia. Now come to is experiencing a revival in russia around a dozen mainly Russian Companies sell the drink in the country but memories of the team us from dont always help complete your sales i do it because bush is a drink made from tea mushroom i havent heard of it ive only heard of the Team Mushroom. I wont risk drinking something i dont like the look of. But kerry will come blue chips makers are hoping russians can see beyond the surface after all the tart probiotic drink has Health Benefits and analysts say internationally computer sales are worth over a 1000000000. 00 and theyre on the rise. Of the market is huge because in russia people are increasingly interested in Healthy Drinks and healthy food and in a healthy lifestyle. Theyre baffled by bottle alexandres acute cough and wants to convince russians that this soviet classic has really turned the corner. And thats it for me and the Business Team theres a lot more Business News and also back on stories all websites that stood up to slash business also do follow us and facebook. Has announced its news is next by the after this quick update on Global Markets after saw. The for. The behalf. Playing an internment camp. Managed to escape from china. I am in turkey she meets other readers the report and the home reflect conditions in the camps. Wants to tell her story so the whole. The world can know the plight of our people. In 30 minutes on d w. Earth model home tunes of species. A home worth saving. Those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world would like to use the term limits to stop Green Energy Solutions and reforestation. Interactive content teaching the next generation of abundant took such an. Obscene channels available to inspire people to take action and were determined to build something here for the next generation the idea is the environment series of global 3000 on t. W. And online. For 15 years of religion is for. People from many different faiths are working together toward a common goal the peaceful resolution of religious conflicts. And now im female members are religious for peace from the middle east are demanding a larger hold up. The female peacemakers stores january 5th on g. W. Cut. The big. Love. This is the. Crackdown on nationwide protests against a controversial new citizenship Police Arrest hundreds of demonstrators for defying. The violence broke out. And take you live to china also on the program in an historic move the u. S. House of representatives a vote to impeach

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