Prospects for returning our web special to the next refugee journeys of life in germany and the prospects for those returning home. And join the discussion on g. W. Dot com and on facebook. Prospects for returning. To a w maybe for mine so far welcome to quadriga he was going to hear what isnt that nice out about him in the uk yes i thought you already said this about womens talk w. More women. More talks and we think weve broken record more station youll find out of all of this with the w. Me. Feeling the heat reports better than expected Earnings Figures but continues to face flak over a call. For a virtual merger ill talk to one of the companys leading executives if the firm is on the right track and the inside story on a nutritious and environmentally friendly ingredient that a couple of dutch foodies believe will soon find its way into your lunch. This is a business im Christopher Walken more ave a big leap in earnings before taxes german industrial giant to some cool past had a solid Financial Year but there are controversy brewing at the Company Management is pushing ahead on merging to some clubs european still division with one of indian competitor tata c ohio and she says the plans have absolute priority however its these operations that have been contribution a big chunk to the reason result so why merge and downsize the division and workers here in germany fear that the merger will eliminate more jobs that the company claims. Forms the bedrock of german steel making but the companys planned merger with tata steel has left employees feeling like they are on shaky ground the tying up is likely to result in about two thousand job losses in germany. The issue has even sparked debate in the German Parliament members of the social democrats say the government should have intervened earlier. This morning. There its unclear if this match will help secure Steel Production in germany and europe. It seems as if this is about shedding a profitable part. One thats no longer of interest to the group as a home. In the sense is good Steel Production accounts for well over seven billion euros of income each year at towson corp. Steel made products like elevators are worth almost as much products made for the car industry and socalled Industrial Solutions are also lucrative but the biggest unit by far is material services. A merger is the companys response to overcapacity in the steel Market Worldwide to some corp and believe a joint venture will make them more efficient but workers feel their futures are being put on the line. So lets talk some more about this and crop its earnings and the companys strategy with great care costs is to screw ups to some groups chief Financial Officer good morning to you sir explain to me if just encrypts european steel business is profitable and its contribution heavily to profits and the Overall Results why do you want to merge it with tata. Well thank you for the question i mean one thing one clearly has to say about steel markets if we look at the recent past im Going Forward as well it is a volatile market so you see periods of good good earnings and of worse earnings and the underlying issue of that is that we still have overcapacity in europe and in china and what we want to address with the joint venture is clearly these underlying things to make it a stronger business in europe overall and therefore more sustainable ok but still markets have recovered do you not have any faith in this recovery in rising prices. No cliff i mean clear this year what we see and what we see throughout the industry is that were in an up market and that companies are recovering were now about to earn our cost of capital but if you take a look at the average of the last years theyve always been periods where we made it but there have been periods i know average we have never made it for cost of capital and very often these good situations have been lost after a short period of time because of the overcapacity there are always people than addressing this and then the market goes down again now Union Leaders say they fear that more than the two thousand jobs that to sync up is talking about will be lost with this merger are these fears justified from your point of view. From our point of view the joint venture will have a much stronger position and will have advantages that we cannot realize on our own that means we can have synergies around better Capacity Utilization on r. And d. That we cannot do stand alone and if we have to survive in this market stand alone i think and i expect that the cuts we will have to take on our own might just be stronger because we cannot stop them with a with the possibilities we do have an adjoining venture so therefore the underlying idea that in a situation like now nothing will have to change Going Forward in steel i think is unrealistic and with a joint venture we can address it in a much better and more appropriate way because we will clearly be a strong number two in the european smacked and were combining strong assets in the flat rolled business a period in the market and therefore we should have indeed a strong position and a better position compared to being standalone and these job cuts they are nevertheless the bone of contention here Union Leaders have said that they will block the merger in the supervisory board. What makes you so sure that this merger will go through because it needs the approval of the supervisory board. Now first of all lets indeed take a look at the numbers that we have sat we have stated that we will have job costs of about one thousand and Production One thousand in g. N. A. T. Functions over a period of time we will not address in the first phase which definitely takes some time in the Blast Furnace and the hot rolling side now if we compare this to the last standalone restructuring we did with big rig loaded four years ago this was largely the same amount of people that we address there so it is not some thing in size that is so on common now thats why weve clearly said and this is part of the tradition and the d. N. A. Of to drop that we will always sit together with the Union Leaders we started a working group we are discussing with them and were clearly explaining what were doing within this Due Diligence on m. And a process and then we will see how that will continue ones we will come to a decision which is then in early twenty eight all right you know character of chief Financial Officer of pison group thank you for a time this morning. And for some investor reactions here is our markets man conrad. Kisan trips result came in a bit better than expected that why the surprise of two thousand cook is up this tuesday but a look at the Bigger Picture shows how the ongoing difficulty for the Management Office and hope to find a way for this my job with tata steel to find a compromise with the workers on the board has scared off many investors in the course of this year two thousand and seventeen compared to the beginning of january the share price of two thousand coupe is trading below zero while the german shaving there has gained more than two hundred percent since the beginning of. The problem is that a temporary pickup in demand for steel hinges little in terms of over capacities thats why many in vest as wonder this. Too soon coops volatile and profitable steel business. Conduct was reporting from frankfurt there our next story is about the buffalo were a protein rich beetle larva which is used in animal feed and cosmetics now a Dutch Company breeding the buffalo worm on a big scale has found another use for it in a hamburger bun at first glance it looks like a normal hamburger but its not just any old burger because half of the meat patty consists of ground up insect loving student three republican taste in the books burger for us. To drive in and thats nice flavor and i would definitely think i would recommend it to my friends here. The main ingredient in various books is ground buffalo worms the love of the duckling beetle production of the insect burgers begins here in the dutch town of m. Alone. The manufacturers have been breeding insects here for about forty years mainly for animal feed and the cosmetics industry. But recently theyve been producing more and more love a fresh human consumption. Nico root is plant manager of protein farm he performs regular checks on the quality of his worms. Two billion people around the world eat insects every day but its still a big to boo in europe. I think it would in five years its quite normal to eat in six. Years and agree that in the world of food i think. Within five years i think we all its just a couple of times a year. The worms are a sustainable source of nutrition containing fifty percent protein. They only need a fraction of the space water and feed the breeding higher orders of animal requires under c o two emissions a minimal. The environmental benefits were decisive for the books bogus creators max creamer and barry set up their Bug Foundation in twenty fourteen with only ten thousand euros Venture Capital they spent over a year developing their burger patties the ground buffalo worms a mixed with peas water and a secret spice mixture. That is often a model of the same time were hoping will become a model for other countries for instance in developing countries where they used to eat insects and but stopped doing so in order to adopt the western lifestyle and eat beef burgers following the mcdonalds lifestyle. Next year it becomes legal to sell processed insects in germany the two young businessman hope the books burger will give them a head start on any competitors. But the way is not exactly. The exotic delicacy between. For the pleasure. Well im off to get some. For the time being but ill be back with a fresh set of. Your list to the collapse of the. Political instability and. One of the most important. Entered the conflict zone this week conflict zone is it the u. S. Army seoul in first Training Area is a very are our guest is Lieutenant General ben hutches commander of the some thirty thousand u. S. Soldiers in europe with such comes from russia come on the in chief in washington many people in your about wondering is america still a reliable power. In sixty minutes d w. Crime fighters the new season of radio crime thrillers begins. For investigative cases that will keep you on your toes. Crime fighters series at the base idea ever so every young person needs to listen to crime fighters and share tell a friend tell a friend tell a friend. Cried fighters dont miss it. Does not germany is a strong country. That we have achieved so much we can do this and if something hinders us we must overcome it india. Going where its uncomfortable global news that matters t. W. Made for mines