used on the w.r. is welcome and we start in the germany where mixed messages are coming from one of the country's top economic institutes efore more and more german companies are putting their employees on reduced and flexible working hours as a way of coping with weak demand the institute says almost 8 and a half percent of companies surveyed are already resorting to the practice that's the most in 9 years evil expects more firms adopt the measure over the next 3 months but there's also some good news if we expect exports to rise after the trade truce between the us and china in addition to the increased clarity surrounding breaks it. now let's bring in timor varmus joses is senior economist at the for institute 8 percent of german companies sending their workers home early that does not sound like the german economy is due to well what do you see as the main reasons that yes that's right 8 percent is quite

a large number these 8 percent are concentrated on the german manufacturing industry and this industry is in trouble at the moment it is basically in recession for one and a half years now that is to say that production is shrinking that new incoming orders are shrinking so this part of the german economy is not doing well at all is that all down to the to the trade war the insecurity about brags it all the other reasons as well. this is definitely one of the main reasons the breck city uncertainty surrounding the breaks and the uncertainty surrounding the trade war this has had an impact on the global industrial cycle and germany is a very important part of that industrial cycle but there are also difficulties currently in the german automotive industry which is you know transforming its production from the from the combustion engines to the electrical

electric motors this is currently also. having big problems at the german economy on the other hand there seems to be some optimism as well amongst exporters quite a significant jump in sentiment actually where does that come from this is also coming from the manufacturing industry so this is now the outlook for the next couple of months and what we see there is that german manufacturers are getting more and more optimistic concerning their export business the more muscles are from the few institute thank you very much for joining us here on business asia thank you china says it will lift tariffs on 6 u.s. products for a year in a goodwill gesture after beijing and washington agreed on a phase one trade deal last week the goods most of which are chemical products will be exempt from additional charges from december 26th to december 25 next year prior

to the phase one deal that was announced last week china confirmed that it would exempt some u.s. soybeans and pork from tariffs china is expected to announce additionally exemptions in the future. does talk about with our financial correspondent comma boson in frankfurt canada that goodwill gesture has failed to inspire the stock market why's that. you know ok hard skeptical people here are saying about the fact that it needs so those goodwill gestures by china might mean that the whole phase one deal might not be much more than a p.r. stunt by the trump administration we do not know many of the details yet we do not know when it shall be signed so this makes investors nervous and limits the potential for the stock market to rise further another factor is of course it pietschmann in washington against donald trump while it might not have

a direct impact on investment decisions yet it sure is something that people on the market are talking about. in other news the swedish bright spot it's the oldest central bank in the world has increased interest rates today after 5 years of negative interest rates is there a message for the european central bank. of course this hours reactivated the discussion here about the monetary policy by the e.c.b. because there are lots of similarities between the european central bank and the reichsbahn but there are also a lot of differences both have this 2 percent price target this inflation target where price stability is defined but i'm like here in the euro zone in sweden this inflation target has been met for quite a while so there are good reasons for the swedes to raise their interest rates but there are good reasons for the european central bank to keep them where they are on

our books and in frankfurt thank you. talked about central bank the bank of japan is leaving its short term policy rate unchanged at negative 0 point one percent confirming a moderate expansion of the economy off the rise in consumption taxes in october majority of the central bank governors meeting in tokyo voted in favor of its current easing policy doing the buying of government bonds and the goal of the 0 percent return on benchmark 10 year bonds bank says there is no increased risk of a downturn in japan's economy. boeing's production stopped for its 737 is affecting hundreds of supplies making critical parts for the airline though boeing has said it was not layoff any of its $12000.00 employees economists fear smaller suppliers may be forced to cut jobs. dozens of

fuselages waiting for wings but grounded indefinitely this is the headquarters of spirit aero systems in wichita kansas spirit's biggest customers boeing spirit supplies not only the fuselages but most of the parts for the 737 max aircraft it's which it has largest employer providing more than $10000.00 jobs but many wonder for how long. could be way off could be for. good. i also don't know it's about it. all i know is it doesn't work too good. boeing's woes are also being felt here at french companies so far group it co-produces engines for the $7370.00 knocks itself crosses 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. terrible spotted it causes. a real loss 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 $346.00 people in indonesia and ethiopia the grounding has cost boeing more than $9000000000.00 so far. regulators told the company last week that it had 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. traveling have it seen to be changing amid growing concerns over the climate in germany europe's biggest economy the message flights fell 12 percent in november

from a year earlier according to the german airports so solution record numbers of passengers are now taking the train that's even though worldwide air traffic is projected to rise dramatically in the coming decades by 2040 but the number of tickets sold is expected to double to reach 9400000000. major indian telecom firms have cut mobile and internet services in parts of delhi on government orders as protests rage against a new citizenship law the new law eases citizenship rules for people fleeing persecution from 3 neighboring countries but it excludes muslims vodaphone ad tell n.g.o.s that the government issued an order asking them to restrict services in some parts of the capital. that would you bring something called the team a shrew and it's a firm entity originally brewed in action china you might have already tried it as a drink that's gaining worldwide popularity after more than 2000 years.

this is green tea on its way to become income butcha a culture of bacteria in the east is the magic ingredient here the fermented tea may look somewhat dubious but alexander the cutie cup is betting on it he's one of the founders of courage to come the company currently only produces around 4000 liters of the drink per month but it's hoping to expand. hoping to make a mainstream drink drink that everyone knows about and can find on a fort. in the soviet union computer was mainstream people brewed the drink in their kitchens it was known as the team mushroom cutie cup still experiments at home with new flavors for terry bill campbell he and his business partner ilya gave his john founded karibu in 2016 as the 1st russian computer company they still try to use mainly russian ingredients for their flavors including juniper berries and pine nuts and they add

a healthy dose of nostalgia as well. as we always waited for our grandmother to pour as a glass of fresh mushroom. it was only after the fall of the soviet union in the ninety's the fountain and coca-cola and all those carbonated soda started pouring into russia. now is experiencing a revival in russia around a dozen mainly russian companies sell the drink in the country but memories of the team mushroom don't always help computer sales regular become bush is a drink made from tea mushroom i haven't heard of it i've only heard of the teen mushroom yet i won't risk drinking something i don't like the look of. but curry has makers are hoping russians can see beyond the surface after all the tart probiotic drink has health benefits and analysts say internationally complicitous sales are worth over a $1000000000.00 and are on the rise. but intolerant. of the market is huge

because in russia people are increasingly interested in healthy drinks and healthy food and a healthy lifestyle reason your. bottle my bottle alexandre's a cute coke and wants to convince russians that this soviet classic has really turned the corner. from me and the business team there's a lot more business news and also background stories on our websites that still. business also do follow us on facebook. news is next by the after the quick update on the global markets.

15 years of religions for peace people from many different faiths are working together toward a common goal is a peaceful resolution of religious conflicts. now female members are for religion for peace from the middle east are demanding the larger. 0 common ground is empowering women giving them. making them. change. the female peacemakers stores january 5th long time to. keep learning. wait a 2nd we want the whole picture affects instead of make ideas shift deliver us. from augmented reality to cryptocurrency to your topics for live in an ever

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this is news live from. moscow. the headquarters of russia's secret police the f.s.b. reports say one person was killed before the gunman was neutralized take you live to moscow. also on the program in general forces crackdown on renewed nationwide protests against a controversial new citizenship police arrest hundreds of demonstrators for defying a post after violence broke out to. at least 2 people are believed to have been killed.