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
this is the message from ukraine state energy company. the whole world wants to avoid spreading this war, it wants to avoid expansion that threatens people from all over the world. this dependency on russian gas and oil. that s worth over $160 billion a year, and this is one of russia s biggest income streams as it was put. being a big gas station, in part, is what funds russia s military, one of the largest in the world, russia spends $62 billion a year on it, and europe is acutely
says they ve never had to cope with the kind of overwhelming demand they face right now. until last year they said was piled high from wall to wall with pallets now it s cleaned out. and why is that. the economic boom industry is literally pulling out pallets straight out of the dryer and straight on to the trucks we can hardly even manage to build up a small buffer as a reserve. last year vingle hided took on twenty new workers now with a total workforce of ninety the company is having to work in shifts just to keep up with the demand. last year germany s pilot manufacturers turned out one hundred ten million of them. that would fill up over one hundred fifty thousand forty ton trucks. the sector association says output has doubled in size ten years . in. general the companies are scraping the production barrel basically they re
a recommendation by the european anti fraud office to investigate. they suspect fraud and valving e.u. funds in thirty five public lighting projects in several towns they were carried out by the company controlled by law and he also says the investigations are politically motivated ahead of a national election in april. receives billions of euros in a huge development funds every year. and i m afraid that hold your business if you want more you can check us out on a social media facebook and twitter just search for d w business i m on twitter at winter of business well i ll be back with more tomorrow same time same place. until then from the new business team here in berlin thank you very much for watching.
quarter thank you very much. to trade now and fresh data out today germany s trading partners constantly complain about its height plus saying it causes economic imbalances the country ships out a lot more than it buys in but exports have reached a record high yet again hitting one point three trillion euros worth of audi cars i need to shoes and back spears to name just a few but that s not the whole story imports increased as well to just over a trillion euros narrowing germany s notorious trade surplus to two hundred forty five billion euro. and you know your country is experiencing is there are so many factors involved that it can cause a bottle make for the machines that make the pallets to the forests that produce the wood it s an operational nightmare. the family owned company a monster is running at full capacity now in its sixth generation that specialized in producing wooden transportation pallets forty years ago. the head of the family