take it personally. with all the wonderful people and stories that make the game so special. to cut more than such. a line. boeing will suspend production of at 737 max the american aircraft maker says regulators continued grounding of the plane left a little choice we'll look at what the decision could mean for employees and suppliers. also on the show we'll look at how an import ban on older cars in uganda is pushing prices up and creating unhappy drivers. this is your business report i'm stephen beers in berlin thanks for watching us aircraft maker boeing will halt

production of the 737 max in january the 1st such production pause in more than 2 decades the decision comes as the popular plane's grounding looks to extend well into next year the boeing says it's already storing hundreds of max planes while awaiting recertification the freeze by one of the largest u.s. exports will impact suppliers airlines and finance years across the globe as well as the u.s. economy 737 max jets were grounded in march after crashes in indonesia and ethiopia that killed 346 people. and for more on this i'm joined by d.w. business reporter clifford couldn't get her thanks for joining me why is why is boeing choosing to do this now but basically the federal aviation administration has said that they won't be able to approve the 737 x. $22.00 to resume service again before next year which means that the boeing has had to take this decision now they had a board meeting in seattle and they came to they just cited that now is the time to

do it i gather that boeing has still been producing at this point what they've been doing with those planes well they've got a lot of planes in stock stockpiled now for want of a better word they've got people you know there is demand for the planes but they they they still demand won't really kick in until the safety issues are resolved and they need clarity right now they need they need to take these you know they still. it's a it's a great aircraft and it's going to be the safest aircraft in the air when they finish resolving the issues that it has but basically what they're trying to do is they they can't build any more planes because they're just going to have a backlog of beef so because of all these that are already built and parked the big question of course is what does this mean for suppliers employer employees all these are connected sort of the the boeing production universe well boeing is such a big company and it's kind of been a drag on the u.s. economy for several months you know looking out as well at that there's $600.00 companies involved the supply chain for the boeing 737 max which is a significant number of people. however boeing has said they won't be furloughing

anyone on they won't be making any job cuts so clearly they're trying to limit the economic fallout from this but it will have a trickle down effect too to allow the supplier companies but again boeing hopes that by by introducing clarity and by resolving the issue that they can they can hopefully take the next step forward is there any timeline on when that recertification might happen allowing those planes to be delivered finally i mean i think boeing were hoping would happen in january. that was looking way too soon obviously. so we don't really have a timeline yet i think again that they've sort of drawn a line in the sand now and they say we want to fix this safety issue and the f.a.a. said we're not going to let you in the air until you fix the safety issue so now we know we don't have a definite timeline yet at least we can kind of see that old instead of constantly trying to fight against regulators now you just seen this that ok we are holding

production and we're going to move forward with the timeline then right boeing may be bowing to react to realities year clifford couldn't do business reporter thank you very much for joining us. now wall street was already expecting a big announcement by boeing during the trading day and that made its stock the clearest loser or otherwise record day our financial correspondent yens korda sent us this rundown. here's the beginning of the week the stock of boeing was by far the weakest in the dow jones industrial average losing a good 4 percent in value by the way for the year the boeing stock is still trading slightly to the upside but it's not just about boeing boeing is sort of almost too big to fail it's one of the biggest industrial copper ations in the country and also a lot of to ply suppliers depend on boeing for example genelec trick with their engines that stock by the way also trading to the downside on monday but besides boeing the market looked

a pretty good at the beginning of the week setting new all time highs for the dow jones industrial average for the s. and p. $500.00 and also the nasdaq composite hopes for the trade talks between china and the united states and that was the fuel that the market needed at the beginning of the week and the s. and p. 500 now is up a good steward 27 percent in 2019 alone. our financial correspondent yen scored a sentence that germany's shortage of skilled workers is affecting the construction industry in the country with residential construction floundering the number of permits for new construction was stagnant for the 1st 10 months of this year research also shows that the number of new housing units to be completed next year will fall far short of demands experts said the number of construction workers in germany has dropped dramatically in the past 20 years. over to africa now where last year uganda banned the import of cars older than 15 years and

legislation was aimed at stopping pollution and reducing accidents with unsafe vehicles the flaw has as legislation often does triggered some unintended unintended consequences ugandan's car dealers small business owners and drivers are not happy about it. this is one of compiler's famous cars known for venting delicious local pancakes this is a key summer has been on the road for over 25 yeahs. the only inherited it from his father and thoughts that he could buy a new look for the family business over i might never afford a brand new car for a 1000000 shillings but if someone buys one charset for 3 years i can buy that one for just 1000000 showing. those that the government has bundy petition of guys like he's somewhere i owed and 15 yes' from the month sharing bit . the older cars assaidi to emit more carbon to the atmosphere of and the newer

ones with improved cleaner technology the ban has affected many especially the car dealers business as the village becomes saw for us. it's the with these guys that really experience you find men know them i know if book to buy them saw instead of one coming here to say that let me buy a new car if you get someone selling his again from there you will have to buy that despite concerns of instead showed up. figures obtained by d.w. show that customs create an average 123 cards day in the last 5 months. this is higher than the daily average of 100 cars for the same period in the last 3 yeahs. attacks but he sees that many traders of russia korea all the imported old because before the end of the grace period this december 1st we thought because we

had to enforce the ban on petition accused because it would affect their revenues but surprisingly we have seen an increase in the increase in those who have been attributed to they did today. because it expires this month so people want. people who had imported so many cars and they were. in mumbai and wondered where houses are that is doing individual and so people want to so that they beat they did it and so that affected next year they have to fictive by by the by some you go and then that's the high cost of the new york could be shifted to passengers and push transport fayez up but the government maintains that the ban is well fold to the public interest to benefit all ugandans and the environment. and now to some of the other global business stories making news china has threatened berlin with retaliation should chinese tech giant huawei be banned this is a ploy for 5 g.

network infrastructure german lawmakers have been under pressure from washington which believes far away as a security threat china warns it could retaliate against german car sales. indonesia has filed for a consultation with the world trade organization over its palm oil dispute with the european union it claims discrimination the e.u. is phasing out imports of oil based biofuels due to the cross connections of deforestation hundreds of thousands of hectares of rain forest were burned in indonesia in september only to make room for palm oil plantations. and other trade news senior japanese and south korean representatives met on monday for the 1st time since japan imposed restrictions on high tech imports from its neighbor in july a trade spat began after south korean courts ruled that japanese companies must pay compensation for forced labor 3rd japan's occupation of the country. if you're in the u.s. you might want to hurry up and get that christmas tree or risk not finding one at

all the country is dealing with a serious tree shortage and the reason goes back some 10 years in time. it's hard work shop and downed trees cutting off the lower branches and preparing them for sale but larry smith likes his job and he has no plans to retire. but i hope they make. the way i really want to get smith has been a christmas tree growing full 40 years histories have graced homes throughout his home state of north carolina and even the white house last year one of his trees was selected to be the focal point of the blue room his biggest seller the locally grown frazier fir it makes up 25 percent of the market but these days supply is down about 8 years ago when the recession was here the farmers were 3. this feels that they normally would fewer trees planted then

means there's fewer trees to harvest today add to that the warmer weather for smith the shortage translates into good business and he sees some sentimental value to. you know the product that you're producing is going to be enjoyed by family hopefully. oh my fond memories there are no holiday say fond memories provided you actually end up getting one of the trees. and that's it for me and the business team here berlin you can of course find out more about these and other stories online and dot com slash business perceiving there's a villain that's watching. the

others watching of all the train not in the water the poorest of the poor in poor countries. valuing education they are demanding good quality education for their children because what it wanted also realize that if they have to have good quality products and good quality consumers they need to look quality and can work for i am very confident that in 2015 no child or no i don't really demand illiterate

that is the fundamental human right that is the divine guard which the nature of the body has given to us and goes on a sledge in the way that i had to learn who was touching of it that i had the freedom that against nature that i can just walk. they created today's mold. 97 in. a historical trimming region politics business travelers the drawn up people of the islamic revolution. making its initial flirtatious cosa strikes in states of emergency sings into chaos the cuckolded the 2nd toughest shams the people threatens to

her. mother's car since. the start of an iraq that defines a modest. 19 samina a big commitment a small dose december 23rd. greetings from berlin and welcome to arts and culture and we've got these stories and a crescendo in the pipeline. this week kicks off a year of celebrations of germany's best known composer. in honor of his 250th birthday. and a new exhibition in bonn brings us closer to the man. we had to zurich where a new exhibition of art from the democratic republic of congo looks at that

country's traditions both past and present. and in our series 100 german must. not i don't younes extraordinary memoir an exclusive love in which she tries to unravel the history behind her and parents. but we start with the superstar of german composers beethoven will be in the spotlight in 2020 as we celebrate his 250th birthday and that means that his music will of course be everywhere concerts and new recordings abound and in his hometown of bon the bluntest quince tyler is getting a jump on things with a new exhibition that correlates his musical works with key events in his life. germany has never celebrated a composer before 250th anniversary of.