it over a bit could be the end of communism but there. are systems and. distorted scenarios that defines our march to. 1917 a big. december 23rd w. another move to ease tensions between the world's 2 biggest economies china lifts tariffs on 6 u.s. goods just a week after agreeing to face one the deal also coming up. taking to the streets in protest of the new fernandez government and its economic measures. and what happens to an industry when one of its key players is in crisis mode we look at the impact boeing has done its suppliers and competitors. i want to get jones and this is your

business live from berlin welcome and we're starting with an interesting monetary policy decisions we've been central bank has raised its key interest rate by 25 basis points to 0 percent now this is significant because it makes it the 1st central bank in the world to have adopted negative interest rates and then ditch the controversial policy now only for central banks including the european central bank and the bank of japan are still holding on to negative rates before let's cross over now to our financial markets correspondent in frankfurt and i hope he can hear me because i can see him and there is a comma why her sweetness and now you want to yeah good why why is sweden strikes bank changed its rate policy. well monica the 1st reason reich's bank is naming in its report is that inflation is on target just like the european

central bank here in the euro area the mandate of the rykes bank in sweden is to provide price stability and that is defined at the inflation rate you know an increase of consumer prices of 2 percent on average or slightly below that. but unlike in the eurozone in sweden this target has been met for quite a while now what's more the rykes bank is concerned about the negative implication the negative consequences of negative interest rates as well namely the very high prices on the real estate market in sweden high house prices and the high amount of debts that swedish households are sitting on also credit card debt this is something that obviously the right spend wanted to sue to do something about ok well when it comes to real estate we certainly familiar with this problem do you think this could trigger others especially the european central bank to follow suit

. not in the short term because well in the euro area the inflation target of 2 percent or slightly below that is definitely not being met but of course this decision by the right spang which by the way is the oldest central bank of the world this decision will reactivate the discussion about the negative implications of negative interest rates you mentioned the price explosion all the real estate market also the negative implications for savers the discussion the discussion is really hot here in germany. was in frankfurt thank you so much for this. china says it will lift tariffs on 6 u.s. products for a year in a goodwill gesture after beijing and washington agreed to a phase one trade deal last week the goods most of which are chemical products will be exempt from additional terrorist from december the 26 to december the 25th and

2020 prior to the phase one deal that was announced last week china confirmed that it would exempt u.s. soybeans and pork from terrorists and china is expected to announce additional exemptions in the future. while here in germany more and more companies are putting their employer use on reduced and flexible working hours as a way of coping with weak demand germany's evo institute says almost 8 and a half percent of companies are they to already resorting to the practice and that is most in the most in 9 years if we expect small firms adopt the measure over the next 3 months. as things are getting worse and argentina the nation is grappling with annual inflation close to 55 percent and an economy that is expected to contract for a 3rd straight year in 2020 when is iris protests are taking their anger to the streets. some 2000 people are protesting in front of the congress and one is iris

president out there to front on this they say pretty much their time to. figure out if you're going to get your last week the president said if we don't like something about him we can go out on the street the people are on the street mr president and we are asking to be taken seriously. that. argentina's unemployment rate recently reached 9.7 percent almost a percentage point higher than a year earlier low wages and the sky high inflation make life an affordable for many and the losing hope for things to turn better usually can be and only at gold they are asking everyone to make sacrifices and they aren't giving anything during the campaign they said that they were going to increase pensions by 20 percent and now they are freezing them that can't be that. is going away said. you know 6 months without an increase which means we will be paid the minimum that is about

parity they want to fix us with $10000.00 pesos for 6 months that is not enough. evidence that. fernandez who took office last week after beating conservative your mark in october plans to hike taxes on farm products and bring back a so-called tourist tax on overseas expenditure to stabilize the country's finances . boeing's decision to suspend production of its $77.00 max airplanes is affecting hundreds of suppliers making critical parts for the jet though they thing has said it will all boeing has said it would not lay off any of the 2. employee yes economists via many of the smaller companies in the supply chain will be forced to fire their workers and not just in america but all around the world. 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 it's wichita's largest employer providing more than $10000.00 jobs but many wonder for how long. could be way off could be for. i also don't know it say about it if it all goes it doesn't want to do it. boeing's woes are also being felt here at french company self harm group it co-produces engines for the $7370.00 max saf cross says it wants to maintain a minimal production level for boeing rather than stopping outright british company make it another supplier said boeing's 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 and

terrible spot to it 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 people in indonesia and ethiopia the grounding has cost boeing more than $9000000000.00 so far. regulators told the company last week that it have 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. more i'm joined now by our initial can expect an aviation management and professor at the university of bath high if way he heads the transport and logistics department good morning to you as well take a quick look at boeing itself will the plane make us by this crisis. i have taken

a very deep look into my crystal ball this morning and i really can give you an honest answer to that. i think that's why i don't and right now as. rightfully stated just a minute ago there is no clear timeline and actually be the production stop that we're seeing right now is a clear sign that the f.a.a. is in a deadlock right now so. you know what we're seeing here is big for boeing i can't i can't really stress how big it's the equivalent folks are just upping the production of all gulf based vehicles basically so. that with and with with with with that in mind if it is that's critical what's that mean for suppliers i mean do they have any way to compensate the losses certainly of the 77 max. i. know. this is a tight supply chain is a rather small industry on a global level and they're around 700 suppliers and let's just put them into different groups there are small suppliers moment pop shops if you want that are

dependent on going to business under 737 as one model totally and i think spirit as you mentioned is a good example of that and then there are other big ones like something that will make up for this one way or the other so the bigger the corporation the bigger the cluster on the base the less the impact of boeing's decision here to all production but the small ones you know boeing will have to support them financially they will do it you know low key not to publicly there will be negotiations i must be in a packet because the one thing but one cannot risk is to disrupt the supply chain and to have gaps in it and not to be able to pick up production ones sometime next year the research if occasion is through that when when a big player like the boeing as you stated earlier is at such a risk what's this mean for the market for the competitors. all the other playoffs . well you would expect airbus to be standing their arms wide open inviting all

of boeing's customers to come along but fact of the matter is they a $328.00 sirius that's the direct competitor towards the 737 so basically the gulf of airbus. is at a maximum of production and we could you just can't ramp up production more you can squeeze a couple of percent probably a lot more but ebbers has $660000.00 of those aircraft on order already which is a backlog of about 8 years in production is not that much they can do however in the long term of course this will boost image and of course business of us on the other models as boeing is very much you know as has to put a lot of management focus on fixing a problem now instead of designing the future so this is this is really something that is shaking up the market as a whole professor initial from the university of baton a thank you so much for your time. so to fly and all to fly that is the

question consumer behavior affects is affected by the image of a growing climate concerns here in germany europe's biggest economy of course domestic flights failed 12 percent in november from a year earlier and that's according to a study by the german airports association and record numbers of passengers are now taking the train meanwhile why the air traffic is projected to rise dramatically in the coming decades 2040 the number of people flying is expected to double to reach 9400000000 and that's all here for d.w. business thanks for watching.

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the world ideas that protect the climate boost green energy solutions and reforestation. using interactive content to inspire people to take action. to deal with the series of global $3000.00 t.w. and online. 5 ball games to go on match day 16 live in top of the bunch until the weekend at least with 5 teams who are right behind the ball still to play. at stake. after their resoundingly win of the weekend to buy want to keep the goals flowing to freiburg looking to avoid losing 2 away games on the bounce for the 1st time in 5 years. and shall carving their best start to a season since 2011 and could make it 3. problem being informed.

in their way. welcome to part 2 of the special midweek editions of the bundesliga here on the w m nick mechanic line it was the 1st time the start of the match day out of top spot since the beginning of october and although the foals could overtake leipzig they could pull level by beating paddleboard. collins lost the ball to patrick hammond seconds after the restart the play out was the. last cross and fed it's a player who finished the job. midway through the 2nd half. in the box. stepped up to compete convert penalty to know the final school there. and the next question is what can you expect from 2 the league's best defenses when they meet.