i'm in a way has started a store just a few hours ago so to last for more than 3 days more about that in our business news with mark and joe. carbrook thomas for the entire news tim thanks so much for . a very i'm david and this is a climate change. happiness increase books. for. children smarter for free you know where you go on the. market. each.

morning more. into your business magazine the german. on t.w. . forget the season of goodwill when it comes to what has rights of all things ground to a halt tons as locals carry a euro wings as consequence and 170 flights 2 to a free day strike by cabin crew meanwhile a france's nationwide strikes against the governments of pension reform plans on the longest in more than 13 gives and many of the reasons i've just about had enough of it. for the coming up china's new silk road to pumps hundreds of 1000000 . into infrastructure projects in the balkans but who's profiting in the end.

i want to get jones and this is a business welcome traveling isn't as much fun as it used to be the cabin crew of german wings began they see 3 day strike at midnight kicking off a wave of industrial action that looks set to affect $180.00 flights over the new year period german wings is a tons of subsidiary and due to operates flights for europe being smoked out of the flights affected by the strike optimistic but some links to austria and switzerland will also be disrupted the cabin crew union has cited wage rise demands pension and title and rules on part time well. well for more let's cross over now to africa correspondent early vats really you kept an eye on all the action throughout the year how was that strike action affecting the carious bottom line. well

it's not going to help but certainly has a huge problem with the bottom line and 20192018 in the 1st 9 months it made about 1800000000 euros this year 2019 just a 1000000000 euros and of course 3 days of strikes are there going to be millions of their euros of lost revenues passengers not coming to german wings and to the lufthansa group it won't break love times but it certainly won't help especially if the strike should then be extended if there's no no result reached within the next few days to other towns or units that certainly won't help lufthansa in the end as we speak and of course 29000 was overall a quite challenging year for the aviation sector what's in store in 2020. i think more turbulence ahead if you forgive the quasi pun if you will. the airline industry is suffering world over and especially in europe from overcapacity

and loved ones that is affected that's why it's scrambling to lower costs for example with the kind of tariff negotiations tough ones that they're having with their cabin crew but also with selling the catering business and that there are other problems as well the 737 max from boeing on the ground a problem for many airlines and of course the fridays for future debate shame traveling will have to wait and see how that affects the airlines you know it's interesting it had to there in frankfurt thank you so much. well things on so much better for those traveling by train at least not if you're traveling to and through fronts the country's nationwide strike against michael spence the reform plans on now the longest in more than 30 years paris is at the center of the strike action which has become a strain on residents and tourists alike. transport strikes in france are almost routine but prolonged strike action like this is rare as the strike enters its 26th

day the strain is showing she didn't offer to get the message that i was so tired of this strike that i had to quit my job so now i'm going to look for a job closer to the gal due north because i couldn't take it anymore. paris's public transport network has been badly affected and long distance t.g.v. trains have seen 4 out of 10 services cut tourists to feeling the effects on this occasion perhaps even the parisians would be prepared to accept some belgian wisdom . pulled out of there is a more beautiful everybody is a little bit right those who strike and those who don't you have to know when to stop in time. at home when this happens we talk 1st here you make a mess. you don't talk you wait until it's rotten and then you talk as if you've got the system backwards most of these could be if it was just them

a little bit the french transport minister has accused the c g t trade union of obstructionism and intimidation tactics c g t in turn accuse the government of deliberately delaying negotiations in the hope that prolonged strike action would turn the public against the union. now both sides appear to have lost faith in the negotiations and are hoping that president emmanuel mccall will intervene when he gives his new year's eve address to the nation on choose day. one to another part of the world and yet another high speed rail way is going and service today in china connecting beijing with the cities of beijing achang yako co-hosts all the 2020 winter olympics the trip used to take almost 4 hours and has now been shortened to under one hour with trains region speeds of up to 350 kilometers an hour. the train which services 10 stations along the ride is a crucial element of china's limpy projects connecting all major sports science.

is a doorway to blossoming trade interest bearing or a major debt trap that it jeopardizes a country's sovereignty with a new silk road china office smaller countries major investments but financially weaker countries could be risking their independence take montenegro where china is financing a 1000000000 euro highway it runs through an environmentally vulnerable area and that doesn't seem to bother the local authorities. a gigantic construction site part of a highway said to run 170 kilometers across montenegro financed with the help of a 1000000000 euro loan from china this stretch of construction is along the charles river part of a unesco world heritage site some environmental activists say the decision to build here was a mistake there had been. the steps and why is the

question none of these is just considering that if. some other than it should be taken point. about 100 kilometers downstream is where the chinese financed highway will run directly across a tributary of the charles river. building on this terrain is complicated and expensive the activist believes that the valley route was chosen because it's the cheapest option. up to $4000.00 construction workers from china have been working here during peak construction phases chinese companies are raking in the profits but paying precious little in tax plus all the construction materials and equipment imported from china are exempt from customs duties the new highway will connect montenegro's adriatic coast to the north of the country in the capital part greta a state agency is responsible for the construction work the director insists that

everything's being done in accordance with the standards of. your waist but we're on the right path because we want to develop north montenegro that helps the country and europe as a whole the north of the country is on the developed compared to the south. but the north has enormous potential in the areas of industry tourism and energy. months is an anti corruption watchdog that keeps a close eye on the montenegrin governor. that day on mellow violence is investigating the financial impact of the 1000000000 euro loan. it's a difficult task because the government is keeping the financial details under lock and key. says research shows that construction contracts to domestic firms are only going to companies with close ties to the government he's also discovered that under the terms of the loan an arbitration court in china would have jurisdiction

over any legal disputes and if montenegro can't repay the debt in time china would be able to make collateral claims. montenegro is a small country with a population of just over 600000 the average income is around $500.00 euros a month the chinese alone is worth almost one 5th of montenegro's g.d.p. whether the new superhighway will ever reach neighboring serbia is very much an open question. china expert cliff a coonan from business joins me in the studio now hi cliff it is chinese investment a blessing or a curse from want to make well i think it's a blessing and a curse in this case i mean clearly montenegro needs the infrastructure it's a small country that's trying to fight its way and. raise its status within europe at the same time it is a curse and like any loan it's got a risk elements where if they come back the land montenegran could become

collateral so it works both ways why is china so generous china's generous because china's trying to build influence it's looking for outlets for china sitting on quite a lot of cash that it needs to invest. and so the silk road is very much part of the us i think so it's trying to build up infrastructure as part of the silk road but it is also trying to build political influence i was interesting in the report we had that china basically came to the rescue with the e.u. just didn't manage to invest the money and a lot of experts say the. 2020 will be a critical year for you china relations how come well i think we've got this investment treaty that's going to that's coming up to see whether that gets signed at the moment is a lot of pushback against china against china as an investment partner because of china trying to export influence as it's perceived in many places so it is going to be a crucial year the balkans is going to be particularly central to this i mean i remember when i lived in beijing it was always because of the links between the former

yugoslavia that people from the balkans were very active in the investment community and in in development and that's not translating as we see here the thing is now whether these countries go towards the e.u. or whether they go towards china so i think that's going to be essential as well to e.u. china relations so i think is going to be a lot going on in this area this year and just yes or no we see china making more inroads into europe i think we will definitely ok clip it going in there china expert and also from v.w. business of course thank you so much. right have you thought of a good new year and new year's resolution now for most people it will be likely along the lines of live a more healthy life exercise more and so forth well here are some gadgets that might help you follow it through health and fitness professionals surveyed by the american college of sports medicine called wearable tech the top 2020 fitness

trends that includes sports watches ranging from fit beds to the apple watch they monitor fitness and exercise hard level was and calorie consumption are some achieve some quite expensive. and they might help you however to lose some weight and stay fit however let me warn you you will still have to do most of the hard work yourself. and that's it for me and the entire business team here in berlin for now will be back later in the day thanks for watching.

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