evan germania and pacing, train a against train, a. we meet the one of the workers taking boss and an apprentice challenge. state of your business on mobile. it's invalid. welcome to the product. ratings agency. fitch has downgraded the united states credit rating, pointing to a political route, and we're raising the us debt. saving finch says the issues a clouding the outlook for the $25.00 trillion dollar global market for us government debt. downgrade from triple a. to double a plus is the seconds time of the us rating has ever been cut. the last one by us and paid was also triggered by stand offs by the debt saving of a more and that's, that's across throughout financial corresponded in new york young's cause. the youngest grades have you on the program. i saw fitch says that the u. s. is governance has been to to, or i think the past 2 decades now, what do they mean by that? well, i mean, the timing is definitely

a pretty on because i mean we had all this fighting into about the increase of the debt ceiling on all we have a possum on the debt ceiling, but this is a weeks passed. so that fits is now doing this move is at least the surprising. i mean that once i missed this functional is one claim that the rating agency is making. the other one is the death blow, then that is still there. if you look at the huge step that the us is running just in the past past year, the government was paying about $500000000000.00 in interest. so those are pretty much the reasons why fits is doing this down, right. what is the us government have to say about this, particularly the treasury. what was that reaction? been to the downgrade the yeah, the head of the treasury agenda down does not seem to be a to amused about this step, but she's claiming that actually fits is arguing with some old

information and pretty much saying that it's the old administration that had to travel with them having a functional, a government in that now and everything is fine. also they increase the amounts of the debt ceiling and happened, or actually that we have a pulse or was the debt seeing at least until january of 2025. so, so the governments of the current administration, especially genta data, does not seem to it seem to be a to a, please tend them use there was this that and you as well see that's what impacts if there's going to be. i mean, is it going to effect america's ability to borrow and is, is it going to help other countries to bar? well, i mean, what is very important for every country and it'd be economy on the planet. it's a trust them. and that also is 2 for the biggest economy on the planet. what still is the united states and the last time that the and, and rating agency, the lower the rating was in 2011. also. then we had cited sites about the increase

of the debt ceiling effect, vendor was standard and poors, lowering the rating back then that did cause some turmoil on the financial markets . but eventually the world kept giving money to the united states, meaning buying the debt of the us. and i would zip so surprised if it would be any different at this time around a but clearly we, the more we hear of those downgrades, the more it actually puts pressure on a trust. and that's never a positive. and we already see that here in the early wednesday, it's writing that we do see some price or at least on financial markets, we're not going to joining us on the new york stock exchange. thank you very much. i let's take a look at some of the other level business stories that are making. the news from says bands, the automatic printing of receipts to protect the environment and to the government says every 30 pending and receipts to print it every year that that equates to

cutting down $2500000.00 trees. finally, but consumer advocates say receipts help, prevent shop is from being ripped off the federation of gem and industries and says the country is on a slippery slope. economically, it's urging the governments to take action to avoid economic struggles and belong to the association is calling for lower taxes and energy prices, as well as a speedy digital transformation of the country and taurus who were evacuated from the greek calling. the rhodes will be allowed to spend a week on the holiday for free in spring or some of next year, according to degree prime minister and to view with the i see with evasive in, in the u. k. custom, it's the talk is didn't provide information on exactly where the tours could apply for the also that china has imposed new export controls on to key role materials used in micro chips is raising concerns about the label supplies of

gallium and to amount am she can see here, now these are very important match what was that need and not only to produce mobile phones, but also the side of the panel is electric, cars and satellites. china is a rat elements, superpower, accounting for 95 percent of gallium production, up to 68 percent of germanium output, worldwide, facing the decision to restrict exports. it appears to be part of a tit for tat between the us, china. but let's get more in this format, correspond to newton lee who's in taipei for us. you tell me what exactly is china starting to restrict to these expos of gallium and germanium sparrow. it is widely seen as an active retaliation against the u. s. and it's a allies because the position came from aging, which was announced in july, came as the us announced that it would require a license, a for companies to explored. chipped products to china and following the us action

. japan and the netherlands also announced that they would restrict the chips making equipment to china. so it is widely seen as an act for china to strike back . so, but you know, like the chinese golf and we didn't admit that. so china, as a social kind of official said, that is a local action to protect its national interest and is not targeting any certain country. i suppose was key is how effective this can be as retaliation. i mean, how well kind the rest of the word i'm particularly the western world cope without these metals from china, where the china is the biggest player in, in the supply chain of gallium. and under manias, if reduced as 80 percent of the wells, gallium and 60 percent of the domain. so these 2 metals are actually artfully chosen by china to hurt the west, but some asperger's are saying that the impact is actually not fatal. it's simply

costs inconvenience and difficulty because of these like roll materials are not completely replaceable, is just that they like the price from the chinese market is relatively lower. and also one researcher in taiwan is saying that compare with the curb to us inc posed to china. actually the come, the competition is obviously not the same. the level we hear a lot about west and reliance on china. if the parents as well as the gallium and germanium. so what are western governments, as you doing, to ensure that they continue to have reliable supplies, if the materials they need from china as well, we have not heard a lot from the you about the risk a. so the member stating that you wrote and union are trying to, you know, diversify the supply chains. and i think in july they are always asking the local

producers to try to produce a galleon under mania. and in order to, you know, seek alternatives from the chinese market. so the u. s. is also trying to increase the domestic money and the processing from the critical materials to, you know, produce these 2 kinds of metals. so if they are finding a way to, you know, get these alternatives from other eliza as well. be, for example, japan has also produces really high quality gallium. oh, so the amount is not as much as china thus, so it's still a long way to go in western countries are still trying to find a way to counter such, you know, retaliation from china. okay. the 10, the, and tie, paid for things that breaking that down for us. now, guessing into the well, the work can itself be a competitive business. apprenticeships games can often be massively over

subscribes and that's why one living from a started putting potential training is through the paces to whistle them down to just the lucky issue as ease. now, julio wants to become a carpenter. after working many part time jobs, the 22 year old view, that carpentry was the profession for him. up to spending a year and my day or a portugal thoughts one you mentioned people were so free there and full of passion and wanting to make things. and help themselves, and that is encouraged me to be here today, so i'm with discharge. and so nicholas aguilar, quit his economic studies because he would rather work with his hands ideally high up. so he wants to become a roofer. the w freedom, the release from below and a bit more clarity is in that cloud. it's the yearly apprentice challenge at the berlin base firm fee less. now, 12 candidates are here and the company wants to hire half of them. a different

stations, including to once was ordering, unloading a transporter. applicants are tested in 10 minute intervals. they have to demonstrate skills and team spirit. nicholas tries to build a real structure with his partner. it's a job that can be done alone. so teamwork is important. but i'm telling you that i'd say both candidates have what it takes to make it in the industry. and being able to work at high heights is something as this needs to prove, he can do of good example excited, but in good spirits. hopefully everything is secured up because it says applicant, nicholas tries his hand welding foils, which you would have to attach to other roofer is miss. it's not particularly easy as you can see. it's also quite hot, but it is interesting. i've never done anything like this before. i was little for it on you must 30 meters high. and as this didn't even hold on like the other candidates, have this,

he was excellent. the decision is imminent. in this meeting, staff are discussing who they want to train. everyone can chime in while the applicants await the results outside. and once the decisions are made, as he is finds out is made it through. and so has nicholas who can now start his training of the roof or the can both where the staff blue t shirt off in 1st of course the tension is somewhat reduced and the anticipation is definitely there to finally get started. ok, so mentioned for me, it's a great alternative. so i finally quit. my studies also comes in and you will parentheses will now have to complete a 2 week internship before signing contracts to ensure they know what they're getting themselves into. and good luck to them. that's all for me on the business aim hand balance. i'm all i have is a data. we don't com slash business or cost the data. we use youtube channel and

we'll see the

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find this document trees. subscribe now. ok, name, treat the . this is the w news lies from the in west african countries for past to intervene in new jersey. defense chiefs from the region say a military option is a loss result. they sent the go see a says to talk with cooley does india, but the region is divided with some countries.