Environmental earth around the world have condemned german engineering giant siemens for failing to pull out of a controversial mining project in australia the decision came as somewhat of a surprise just last week siemens boss joe kayser met activists from the fridays for a future movement who urged him to drop the plans they say will cause further environmental damage in a country already devastated by bushfires. We are here we are loud because you are stealing our future these shout these 100 protesters consider siemens decision to participate in an australian coal mining project a historic misjudgment of fridays for future activists say coal energy is outdated. And pretty disappointed that siemens made the decision to invest in this project in australia because i really hope that they would make the right move and make a sign for the world that we can act differently to save the planet same insert new york consider backing out of this contract and in other cases companies have backed out of contracts on the basis of climate of climate destruction research this is the time to do it so here is literally on fire if not now then when. Protests will also held in a dozen locations on monday after siemens c. E. O. Joe kayser tweeted that the multinational needs to fulfill its contractual obligation he says his hands were forced by his duties both to a legally binding contract and to customers and case argues that indian industrial giant adani would have still continued the project without siemens technology. The carmichael coal mine will be one of the biggest in the world siemens is providing signalling technology for a rail line to transport coal to the coast. The mine will pump out Carbon Dioxide its emissions output is expected to be equivalent to the c o 2 produced annually by malaysia austria once the coal is burned it will further adds to Global Warming environmentalists are also concerned that it could threaten the Great Barrier reef. Its day one of the job for boeings new c. E. O. David cullen in appointment comes as the Company Continues to battle with a major crisis. Last week in the doc emails painted a picture of a company fixated on cough cussing with allegations that management had come 10 for regulators and took a casual approach to face. Now one of daves Biggest Challenges will be to get the feds and 37. 00 locked back in the air its been granted since march of last year after 346. 00 people died in 2 crashes involving a model just days ago one of boeings biggest suppliers fuselage maker spirit aero systems announced it would cut 2800 employees due to the production stop its unlikely to be alone boeing count some 600 suppliers for the program. Its supply network is a big part of its significance to the u. S. Economy the Company Reported in 2016 that it spent 45000000000. 00 annually on suppliers for all programs generating an estimated 1300000 jobs in the u. S. Boeing is americas largest manufacturing exporter that means production changes often carry over to the u. S. Trade balance and to growth itself treasury secretary Steve Menuhin has estimated the 737. 00 max production stop could strike half a percent from u. S. G. D. P. Growth. And the 737 crisis is hitting other priorities boeing has pushed back the rollout of a new midsized plane another reason that as long as the mac stays grounded so does a critical part of the u. S. Economy. Now for more on this lets cross over to Main Financial correspondent to harrow on wolfe strange hi ok louise good to see you what are investors making of david kelly and do they think hell be able to turn things around. They say that there was a needed appointment since the 737 mag crisis has taken a toll on the kompany not only financially but also india more all along its workers thats a new management does not mean the Current Crisis will end anytime soon the new c. E. O. Promised simplification at a time well still need to know if a National Impact of deplane production in the car and long so far that calls derive from this 7 37. 00 max fiasco goes that north of 1000000000. 00 and there is no clear sign from regulators on when the grounding will be over in the meantime airline suppliers and the us it g. D. P. Which could raise one hell of a percentage point in the Current Quarter will still suffer the consequences ok and meanwhile were seeing tech shares perform really strongly apparently on a report that the United States is going to stop branding china a currency manipulator why do Companies Like apple care about this. It is important since it symbolizes a degree is in tensions among the worlds biggest economies also china is a crucial market for de i for maker which according to some estimates all sales jumping nearly 19 percent last december by being out of the currency when you pull later leads to ease some guarantee that as part of the base one of the deal china will probably compromise not to engage in any direct currency interventions this could bring some peace of mind to Tech Companies such as our pool but there are is Still National Security Issues are to be resolved between washington and when it comes to detect sector here in the u. S. Thanks so much. Now if you like champagne this next story could be a cause for concern Industry Experts say consumers can expect a significant increase in prices if they unite if they make good on a threat to impose a 100 percent tariff on french wines washington has threatened to move in retaliation for france of digital tax which targets tech Companies Like google and facebook americans may soon have to think twice about buying that bottle of french wine and that could inflict pain on the u. S. Wine Merchant Industry American Companies make more money more revenue off of e. U. Wine than e. U. Companies do for every 100000000. 00 worth of wine from the e. U. Thats sold in the United States American Companies make 75000000. 00 from it so if you prevent if you do 25000000. 00 worth of damage to the e. U. You do 75000000. 00 worth of damage to the u. S. The industry has already had to absorb the cost of the 25 percent tariff hike in french wine washington impulse last october the next tariffs will force it to pass the cost to customers they may choose to walk away and that could mean less business but e. U. Understands that this disproportionately damages american businesses significantly more than it damages e. U. Businesses they also have powerful additional overseas markets that they can shift a huge part of their production to frances Wine Industry isnt a good position to offset the loss to u. S. Business to growing markets like china and brazil. But if customers walk away American Wine merchants and restaurants will have nowhere to turn. Shares in french car maker run though are down after a report in the Financial Times suggested that its alliance with miss sun could fall apart the report comes just 2 weeks after former nixon boss carlos ghosn staged a dramatic escape from japan where he faces charges of financial misconduct now in net been on go and accuses former colleagues that onto the japanese government of conspiring against him to prevent a planned merger between the carmakers. Germany fist them up locational training is often named as a reason for its dominance in many industrial sector is now other countries including the United States are adopting the model of the on the job training. For josh sanders it couldnt have worked out any better on the job training while earning money and a College Degree its the same time. I really like it because youre going to go to work 3 times a week to go to school its the time im in a snowball. And you can just take what they directly where you learn from school and put it right to work. College education is a burden that many families in the u. S. Are struggling with but josh is one of 315. 00 High School Graduates in the u. S. Who are taking part in an Apprenticeship Program and she added but the German American Chamber of commerce hes training to become a machinist at the u. S. Subsidiary of a German Company which is paying for joshs education and gives him monthly stipend in return he has to stay with the company for 2 more years after he graduates at victim and theyre convinced its a good deal for them as well turnover rates in the us are fairly high so without a program like this you know someone we can hire someone externally and they can leave in 2 years well on this program so that we know theyre going to be staying at least 5 years hopefully much longer than that so we really get that pay back in the 4th and 5th years and beyond and we know were getting that Skilled Labor back on the factory floor josh is there any how to use new machines what he enjoys most is putting the skills that hes already acquired to practical use them. Sometimes in the one they need apart from the sea people running i like to be the person that theyre kind of reverse engineer it and make a brand new part for it that they need so thats not my favorite thing to do. Josh has found the perfect start and to his working life and for Many Companies in the u. S. The apprenticeship model could be the perfect way to make sure they get the Skilled Labor they need to stay ahead in the future. And not fit for me in the Business Team here in berlin you can get more on our website dot com slash this from me its got 5 take. Every 2 seconds the person is forced to flee their home. The consequences of the disastrous our documentary series displaced depicts dramatic humanitarian crises far from. Forgetting we dont have time to think i didnt go to university to kill people. For their lives and their future so they seek refuge abroad but what will become of course to stay behind and say. My husband went to peru because of the crisis that if he hadnt gone there we would have died of hunger down. Display scores for nearly 50 you dont. Want to see whats going on and all of these emerges that you know what you have to do to fight it. The sharp microscope that had been invented knowledge it would come better and better and better over the years we will understand for example the viral infection but both the molecular do though and therefore it will also be possible the fight is much more easily work to speculate about whats going on in 2050 i cant imagine that you would understand the cause of god much better and then to do the number of cancer cases there is the opportunity to live a much more fulfilling life because maybe you see that in sort of calming causes of aging and the counteract that the large degree of people who are they healthy for a long a period in their life. Hello and welcome to arts and culture and an exciting start of the week because its oscar season and the nominees well well talk about that in just a moment and also coming up. In our series 100 german must reads a literary gen from austrian often looks at the moments in life that make us who we are. And the no region artists imagine the hits kennedy is the mask making mastermind behind the colorful creation of the universe of. 2020 awards season is well underway and after the Golden Globes gave us a bit of a barometer last week suspense was high on monday for the Academy Award nominees and the lists were announced in the early hours l. A. Time and suffice it to say hollywood seems to be staying true to itself with a handful of films dominating most of the categories. Walking phoenix earned a nomination for best actor with his performance in joker a dark psycho thriller the tells an origin story of the villain of the batman comic books. The film also received 10 other Oscar Nominations including one for best director and best picture. Yes are you afraid this is jimmy carter
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