For scoble walk into the Program German industrial powerhouse siemens will stay involved in a controversial mining project in australia thats according to a tweet by c. E. O. Joe qasr the project has faced massive environmental criticism as australia struggling to contain catastrophic bushfires that may link to Climate Change as an 18000000 year old contract to supply Rail Infrastructure for the carmichael mine in queensland you know the Great Barrier reef obligations that the company according to mr kayser has to fulfill. As late as last week siemens chief joe kayser seemed happy to play the environmental awareness card but balancing green issues on the realities of business has proven too much of a challenge after a special meeting on saturday qaiser took to twitter to say siemens had to fulfill its contractual obligations. To keep its promises and make sure its customers saw it as reliable and in any case the indian conglomerate adani would build a mine in australia with or without siemens the carmichael coal mine will be one of the biggest in the world siemens is providing signalling technology for a rail line to transport coal to the coast. The mine will pump out Carbon Dioxide its emissions output is expected to be equivalent to the c o 2 produced annually by malaysia or austria once the coal is burnt it will further add to global warming. Environmentalists are also concerned that it could threaten the Great Barrier reef. The decision to get involved in the construction of the mine doesnt reflect current realities environmentalist say and they warn that protests against siemens will continue. For more on this lets bring in our financial correspondent only in frankfurt only protests there over the involvement in this controversial mining project is it a smart move by to stick with it. I think itself was questioning whether it was at least showcase or the c. E. O. Otherwise i dont think he would have made the dramatic move of meeting with the environmentalist luis. On this over the weekend and then having a dramatic executive meeting with his colleagues over the weekend and then tweeting immediately the result he was trying to paint the company as an Environmental Company im very mentally where company but in the end of course he has a contract and he has to stick to it and thats what theyre doing when youve got the frankfurt thank you. Cars bear and chocolate are just some of the things that germany is justifiably famous for but the country is arguably a leader in so many fields because of its Education System more specifically the Vocational Training thats been extremely successful for decades and that is gaining traction around the globe. For josh sanders it couldnt have worked out any better on the job training while earning money and a College Degree at the same time. I really like it because you get to go to work 3 times a week to go to school its a time when they stumble. And you can just take what they directly while you for school put a right to work. College education is a burden that many families in the u. S. Are struggling with but josh is one of 315 High School Graduates in the u. S. Who are taking part in an Apprenticeship Program and as she did by the German American Chamber of commerce hes training to become a machinist at the u. S. Subsidiary of victim shine a German Company which is paying for joshs at a cation and gives him a monthly stipend in return he has to stay with the company for 2 more years after he graduates had and theyre convinced its a good deal for them as well turnover rates in the us are fairly high so without a program like this you know someone we can hire someone externally and they can leave in 2 years well on this program so that we know theyre going to be staying at least 5 years hopefully much longer than that so we really get that pay back in the 4th and 5th years and beyond and we know were getting that Skilled Labor back on the factory floor josh is learning how to use new machines what he enjoys most is putting the skills that hes already acquired to practical use them. Sometimes in the one they need apart from the sea people running. I would like to be the person that theyre kind of reverse engineer it and make a brand new part for it but they leave so thats not my favorite thing to do. Josh has found the perfect start into his working life and for Many Companies in the u. S. The apprenticeship model could be the perfect way to make sure they get the Skilled Labor the eat just stay ahead in the future. And not to some of the other Global Business stories making headlines german automaker dialer is sticking to its plans to cut billions of euros in costs but c. E. O. On the killing those insists that this will not affect its innovation plans cost cutting will free up cash for new technologies like Autonomous Cars he said it was not a question of either or chinas car market shrank for the 2nd year in a row in 2019 industry figures show sales fell 7. 5 percent for the year to mystic makers were hardest hit for also saul sales fall 26 percent but german brands fox wagon and b. M. W. Posted record sales germanys government posted a surprise Budget Surplus in the billions of euros last year despite a small thing economy and calls for greater spending thats according to these 2 dutch insider dating it said higher tax revenues and record low Interest Rates played a significant role. David calhoun officially takes the reins of boeing today as c. E. O. And hes already got plenty on his plate most importantly returning the ground at 737. 00 max to service and pacifying airlines which have lost revenues from the grounding boeing also wants to repair its relationship with u. S. Regulators the federal Aviation Administration has distanced itself from the company and the recent release of internal boeing memos mocking regulators has added to the strain u. S. Treasury secretary steve. Nugent said the ongoing crisis surrounding boeings signature jet may knock off half a percentage point of view is g. D. P. Growth this year. For more on boeing and the u. S. Economy lets bring in carson jet ski hes the chief economist at i n. G. Germany welcome to the program carson how plausible is it that the worlds biggest economy could be hampered this much by the troubles of just one corporation it is pretty plausible this way because boeing it is the Largest Company in the Dow Jones Stock market index of boeing is a bit comparable to the automotive sector in germany so this one kompany will with a production hold will really shave off for half a percentage point at least of 1st quarter growth then depending on whats going to happen in the course of the year if boeing is able to pick up production nothing that nothing was really wrong here but it will also see it catching up and the reaccelerate of growth in the Manufacturing Sector but its clearly a very Important Company for the entire economy now production of these next halted as you mentioned there how much pressure is there now on boeing to solve its prizes not only for the sake of the company but also for the u. S. Economy. I think we look at the u. S. Economy we see that the Manufacturing Sector as such is really also weakening thats partly due to the trade war its also partly due to these one off factors like boeing so therefore the u. S. Economy needs a rebound in the Manufacturing Sector because like like many other european economies the u. S. Economy has a very strong labor market strong private consumption but it but an increasing discrepancy between manufacturing and consumption and if the economy wants to grow again the Manufacturing Sector needs to rebound and there boeing clearly plays an Important Role now fresh data show that job creation in the u. S. A slowed in december wage growth is also cooling is this just boy related or do you see other reasons as well though there is more think we see that the entire trade called street has really lets to an increase in uncertainty in the u. S. Economy especially in investment in the Manufacturing Sectors this has led really to the slowing down in the Manufacturing Sector and its also be clear the u. S. Economy has been on a very on the long course of expansion we talk about a recovery which has lasted more than 10 years so it is normal that the the pace of this recovery starts to slow down and this is what were currently witnessing in the u. S. And garstin treasury secretary nugent projects 2. 5 percent g. D. P. Growth this year experts are less optimistic whats your take dollar take is currently rather 2 percent which is still fine but which is clearly far less than the u. S. The Trump Administration had promised as the trumpet ministration had promised g. D. P. Growth of around 3 percent of the 2 percent is not bad when you compare it with with other developed economies but compared to the standards set by the trumpet ministration it is too little. Just the chief economist at i n g germany constant thank you for your time this morning. Now if youve got a sweet tooth and a love of tradition youll enjoy our next report it brings us to a small town in North Yorkshire in england where perhaps the worlds oldest confectionery shop is looking for a new owner. Established in 827 im still doing a boring trade the worlds oldest confectionery shop has stayed loyal to tradition. By weight. And giving at change from the original victorian till. Now the couple whove been running it for nearly 25 years are putting it up for sale but the wife when i was 17 he was 16 well 1st trip was to bring it out to the sweet shop and show up and beisel soy but loaf of confectioner a lot of the history about your stories as colton you know theyre holding the sale affects more than half a 1000000. 00 which could help fund keiths campaign to become North Yorkshire is next Police Commissioner and the orange ones are better served by i think not all customers are ready to embrace change. Or have you got a message for the new owners please keep saying yes just with a little bit for. A basin so it will come with the confectionary to dish and set to continue parsing need not be such sweet sorrow. For the bests thats our program if you want more you can find us on the w dot com slash business i 1st called rowland thanks for watching and never stop a successful. Its time to take it one step further and face the consulate. In time to search. For the translate. To come down dreams and such. Its time for g. W. Is coming up ahead its. Not nothing out of the wild but just sometimes out but i said nothing which has happened in thinks even to the german culture of looking at stereotypes a question that is think is most of the country that i know not. Yet you dont seem to take it as grandma they all believe because its all about ok. Im right joe join me for me for devon sunday w. Post. Dealing with his joys and was extremely challenging as the doctors had predicted that he wouldnt survive the next 48 hours. When he was 5 i had a bicycle accident he survived but had broken his neck today 13 years later caring for yasha is still an all consuming task for his parents. Sunday breakfast at the barons familys home in castle germany its a given that yahshua sits at the table or 2 hes almost completely paralyzed and needs artificial respiration but hes still aware of everything happening around him has to look fun do you feel like having a bread roll. Ok in that case ill put one aside for you before theyre all gone if you start when he brings his eyes it means yes raised eyebrows mean no. Thats how you joins our conversations you like to participate and so we all communicate with you while doing things we always need to ask you things like now yes youre doing a great job you give very exact answers as to what you like and what you dont like that way but of course sometimes i can get it wrong and you think oh no i really dont want this at all