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tv   Business  Deutsche Welle  December 17, 2019 7:30am-7:46am CET

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clearly interested on december 19th 1909. to the families of the chancellor addresses the people of east germany. the mideast tent the crown clamors for german unity journalist peter allen borg was at the scene. 13 years later he looks back on the. interest in. storage december 19th g.w. . oh it was a spent production of its 737 max jets the american aircraft make this as regulators continued grounding of the plane left a little choice we'll look at what the decision could mean for employees and supply is. also coming up new strikes obama calls new pension plans in france how
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parasols the crisis which threatens to spoil christmas for many french holiday makers. and a study by controlled risks warns 2020 we'll see more and more severe hyper attacks we look at what's at stake. i want to jones in this business live from berlin. u.s. aircraft make a boeing will hold 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 the next year the freezer by one of the largest u.s. exporters will impact supply us allies and finance years across the globe as well as the u.s. economy. there are 400 brand new 737 max aircraft parked in boeing's holding area they've been grounded since april this year some are even parked in the employee parking lot the production stop slated for this coming january is
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a drastic measure and it's bad for boeing's $12000.00 employees i think hauling production as is a pretty major downside disrupts the whole supply chain that puts labor and terrible spot causes. a real loss of the economies of scale that this airplane has if you keep that assembly line go on because of all the efficiencies in october 28th seen as 737 max crashed in indonesia then another one went down in ethiopia last march 346 passengers were killed in those 2 plane crashes with the 737 max is faulty steering software playing a decisive role in both incidents so far boeing has been unable to deliver a software correction that can be approved by the u.s. federal aviation administration the 737 is boeing's best selling aircraft airline's of place thousands of orders so u.s. airlines end european air carriers of had to cancel flights due to lack of aircraft
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the airlines themselves are in just a terrible spot because they're selling spring break they're selling summer without knowledge of what their fleet is and all parties need to have complete transparency here so we can come up with some reasonable plan you know get this crisis get things back on track the loss of production at boeing might have a ripple effect that could burden the entire u.s. economy. for more on that let's bring in our financial market correspondent wasn't in a frank. just picking up on the last sentence that boeing could have a real big impact on the entire u.s. economy how important is it for the u.s. economy. well monica boeing is called a bellwether because it's such a large manufacturer in the united states a large supplier for the military with production sites all over the united sates and let's not forget the supply is many of them at the moment are not getting the
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money they need to pay their workers that indicates i think how important the company is and i think there's also a political angle you know boeing is not only producing the air force one the airplane of the u.s. president donald trump has often used boeing as some sort of backdrop for his claim of make america great again he has used the dispute with europe about subsidies for his protection is the agenda so you know i think all this indicates how important boeing really is for the economy and as well a bellwether a bellwether but it might also be unvoluntarily a bellwether for its main competitor and european air bus because they seem to benefit from that crisis. well yes and no of course us has profited from the situation it has gotten a few definite orders for its
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a $320.00 airplane which is the immediate competitor to the 737 max but the amount of which airbus can profit from the situation is really limited production of the air bus a 320 is at full capacity at the moment ever us is producing about about 58320 s. a month there's a backlog of almost $6000.00 planes so it's not really in the situation to immediately boost its production. come a blues in their reporting for us from frankfurt thank you so much. to france now where workers continue their protests against the government's new pension plans the transport sector is hardest hit flights in and out of paris or me airports will be reduced by 20 percent today and many train services the council's
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2 commuters are live it business fears it could lose out on the most lucrative time of the year and with christmas approaching fast ali to make his worry the strikes could well spoil their travel plans. the french government wants to merge 42 existing pension schemes into one workers want to hold on to their retirement packages some with privileges like early retirement and generous benefits that's the case for most transportation workers and they're at the center of the current strike in paris only 2 metro lines are running prostration is high among passengers at the few stations where the servers. are but i'm clearly flat out. i left my home at 5 am and know i'm stuck at god you know i have to get to the 15th i don't know how. it's not fair my family are supposed to come to visit me and no they won't it's very very selfish. but the striking workers have
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a different view. this is not about protecting our retirement we're on strike to protect everyone's retirement. with the metro and other trains out of service traffic jams all over france are now stretching hundreds of kilometers french president among women home has expressed solidarity with the millions affected by the strike but the s. shown no sign of cracking down on pension reform. now bad news for everyone using the internet there will be more cyber attacks next year according to security consulting firm control risks which identified some top global risks for businesses here's a look at some of those starting with the american elections a highly charged qantas where businesses are likely to be caught in the cross-fire also cyber warfare will reach the next level threatening critical infrastructure with attackers using ever more ruthless methods and this is particularly worrying
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in conflict areas where military equipment could be compromised and control risks also points to a growing risk in what they call leaders without strategies who are more concerned with tactics and less with long term goals so overall not a great outlook for the new year so i would like to talk a little bit about this now is nicholas raises director cyber threat intelligence at control wrists and he joins us now in london good to have you with us firstly after all the bad news is this really going to be that bad in 2020. well i think monica there are a couple of things are going to happen in 2020 that are going to make it a particularly challenging your businesses as you mentioned we have a large presidential election happening in the u.s. we're also seeing more and more global tensions and this is particularly driven by a greater focus on short term gains by political actors across the world rather
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than long term strategic planning and lastly in the technology world where we see more and more exploitation of digital infrastructure we have a significant concern that in 2020 we're going to see more impactful cyber attacks and potentially some getting out control but with that said there are also great opportunities ahead and i think here again in a world where uncertainty dominates there are also great innovations and great technological advancements which mean a 2020 also a very interesting year for businesses and society is a lot of all right well thank you very much for showing us the other side of the coin as well but let's stick was a race going let's break it down a bit i mean why would come pick the companies be as high on cyber attack risks because of the u.s. presidential elections. so we saw this happen in the 2816 race fundamentally and in a large scale geopolitical engagement a new us presidential election is
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a major one to every 4 years. triggers activity from a range of different threat actors globally and in particular a big for both influencing political discourse in the u.s. but also a time where states tend to test one another and test one another in ways increasingly that have taken place in the digital arena we saw it with social media influence campaigns in 2016 we saw with targeting of critical infrastructure in 2017 and we know that as u.s. administration led by transform policy becomes increasingly focus on rapid gains as you actually gains momentum we're likely to see some very symbolic events in 2020 and a hoarder discourse from the us and when you mention the threats coming from leaders without strategies do you have any once a tickle in mind then. it's
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a pretty broad assessment globally where we have seen donald trump comes as probably the prime example here where increasingly and it has been the case since his election increasingly we have seen twitter as one of the main foreign policy tool of the trumpet ministration but we also see this across europe for instance with a real challenge of european leaders to come together and to think longer term around some of the things that are happening in europe in your neighborhood whether that's the situation in syria the relationship with russia and even more recently on issues like climate change yesterday we are seeing most of the global leadership failing to have a long term strategies and playing much more on tactical short term games it's a lot of challenges ahead in 2020 but also a few upsides as you mentioned earlier nicholas raised direct aside the threat intelligence and control risk in london thank you so much. as
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basics a falcon 9 rocket carrying a communications satellite for mobile and broadband service blasted off from cape canaveral in florida just 11 days after another fork and 9 took off from the same pod on a supply run to the international space station the falcon 9 the 1st stage returns to earth off to boosting the vehicle out of the dense low atmosphere dropping to an on target touchdown aboard a space x. drone ship stationed in the atlantic ocean a successful recovery some 8 and a half minutes off the launch of a space x. is 47th overall and its $29.00 aboard a drone ship. on as your business updated this hour here on the w. from me in the team thanks for giving us company.
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to today's. determined in politics. or on people of the islamic congress. making it soon. flirtation those strengths and states of emergency come it sinks into chaos
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cuckold pacific interesting split in shands the people from stealing border. plug the cars people it's the start of an era that defines all americans to. 970 the big fugitives movie since december 23rd. looking at. 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 big fun. in honor of his 250th birthday and
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a new exhibition in bonn brings us closer to the man and his. we had to zurich where a new exhibition of art from the democratic republic of congo looks at that country's traditions past and present. and in our series 100 german must read. extraordinary memoir an exclusive love in which she tries to ravel the history behind her grandparents. 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 as concerts and new recordings abound on in his hometown of ball on the border and getting a jump on things with a new exhibition that correlates his musical works with key events in his life.
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germany has never celebrated a composer before the 250th anniversary of.

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