Another rough day for stocks europe ends in the red the dow tumbles a thousand points of the u. S. Markets fall over three percent whats behind the new downward trend well get the view from wall street also coming up germany has just reported bumper trade figures but thats unpalatable makers they just cant keep up and turning off ukraines tap the country will miss out on vital natural gas in combat as the north stream two pipeline between russia and germany gets the go ahead. Im done your winter in berlin this is your Business Update volatility has plagued the markets all week following a broad sell off on Monday European shares closed in negative territory and thursdays session ending a short lived rebound germanys dax was the worst affected in europe closing down two point six percent in new york the dow finished over
there are so many factors involved that it can cause a bottleneck from the machines that make the pallets to the forests that produce the wood its an operational nightm
those still on the market today have extensive lead times we sometimes have to wait two or three years for a new machine. even the mild european winter is a factor behind the shortages joint managing director marcus wrinkle hider says it s hard to get wood from eastern europe right now. logging in eastern europe is done mainly in winter there s a lot of moral and they can only access the forests when the ground there is frozen and there s no swamp and they can get the machinery into fell the trees right now the ground won t support the weight of the heavy machinery. think it is lucky it can process locally sourced wood in its own sawmill that means it can compensate for the shortage of eastern european would at least. germany has its foot firmly on the gas pedal after granting apartment for the north stream to natural gas pipeline from russia the first pipeline of the north stream