Tells us stirring stories. Told it makes us laugh. And cry foul play trouble and smile fold magical images and emotions that dont cost a as you know the magazine every weekend on d w. The Paradise Papers and of the leak of global tax avoiders Britains Queen is listed. Along with one hundred twenty International Companies like americas apple facebook. The Paradise Papers show once again how the global elite avoid paying taxes taxes governments need to fund schools hospitals and roads its not illegal to move your money offshore into low tax countries but you do need highly specialized lawyers to ensure income you make in a high tax country is taxed in a place where the rates are rock bottom. This is how the system functions. A german i. T. Company for example registers its peytons through a subsidiary based in ireland where the tax rate is much lower than at home. Even though the product primarily sells in germany the income is booked in ireland. As a result only a small part of the companys profits are taxed in germany at a rate of thirty percent. Most is taxed in ireland but only twelve percent. Thats completely legal but companies try to avoid making them a new his public because it could be bad for their image apple for one paradise paper say apple is always searching for ways to worm out of taxes become pinions millions with its iconic smartphones tablets and computers it could scare off some consumers if they know the premium prices they pay are not even taxed at local rates but while countries like britain and germany have made some attempts to close loopholes smaller countries like ireland have benefited by slashing their tax rates sometimes were blocked or blocked by the fact that the Member States consider that there should be you go from this or that. And now were in different period thats what they call the transparency. Its high time that everybody goes in the same direction to eliminate forward and to combat thats evasion the e. U. Commission aims to publish a blacklist of tax havens by the end of this year its hoped naming and shaming them will encourage more transparency in the murky world of offshore phones and investment. The Ritz Carlton Hotel in riyadh is normally a popular Meeting Place for saudi arabias rich and powerful but mobile phone footage has emerged showing how the luxury hotel has become a prison the rich and famous arrested this week in a corruption. Crackdown now sleeping on mattresses saudi leader crown Prince Mohammed bin so man on the left of this poster with his father king so man means business. Hospital have said you know detention of people on charges of corruption water who are in positions of Higher Authority and possess lots of money and who trade throughout most of the worlds continent also proves that the economic side is considered important to our leadership and walker will cry that among those arrested printout will lead been to lull one of the worlds richest men. From riyadh to tallest skyscraper he controls Luxury Hotel Chains broadcasters and a real estate empire the sites the arrests more than twelve hundred private Bank Accounts were also frozen. Traders at the Riyadh Stock Exchange were initially nervous following the move with investors worried that since those arrested control such vast assets there could be a negative impact on the economy or even the oil price but the mood soon lightened. And i thought First Impression is that there is a wide welcome from investors and there are important signs from these decisions that no one is above the law even a prince or minister kind of war always and yet questions remain is this really about fighting corruption or is it simply a way of eliminating political and commercial opponents. German industrial giant siemens reported an impressive eleven percent rise in a new will net profits to six billion euros but it could have been even better if its Power Division hadnt weight so heavily on the bottom line this year. Fourth quarter profits of the ailing power and gas unit the Company Second biggest after health care plunged forty percent. Later this month siemens decides on up to six thousand job cuts in the division. Germanys economy is on a long term role that the conclusion of the governments Economic Advisory panel the socalled five stages in their annual report they forecast two percent g. D. P. Growth this year and a slight increase to two point two percent next that promises a continuing tax bonanza the five say just say the government should use the extra cash to fund more Education Research and infrastructure improvement. The European Commission wants the blocks car makers to cut their fleets Greenhouse Gas emissions by a further thirty percent by twenty thirty in brussels this week a proposed drastic fines for companies which dont manage to throttle their emissions and doing the same timeframe the Commission Wants thirty percent of new registrations to be electric or alternative drive cars to encourage that its putting up eight hundred Million Euros to expand car charging stations throughout europe. American companies signed contracts worth a total of some two hundred fifty billion dollars during u. S. President Donald Trumps visit to china the contract to cover the Energy Aviation and Electronics Sectors aircraft maker boeing launches a thirty two billion dollar order for three hundred of its planes. Trump has previously complained bitterly that china takes advantage of america in trades though this week he said he doesnt actually blame them for doing so. Social Network Twitter has doubled the length of a tweet to two hundred eighty characters it hopes more words will generate more profits investors have been pushing for a change user numbers have long been flat and even begun declining this year but means less revenue from the network targeted that twitter has three hundred thirty million users tweeting including tommy trump. Thanks what we are witnessing here should have ceased long ago nigerias High Court Ruled gas flaring by Oil Companies illegal as far back as two thousand and five. But only a few hundred meters away from these peoples fishing village global Oil Giant Shell continues to flare all of its toxic gases with impunity the locals say that every family here has members who suffer from cancer and chronic bronchitis village headmen who are a dark color is at a loss. For more than two decades. Next yeah gaslighting and same twenty time. Twenty and so on and so forth and this is twenty seventeen and gaslighting is right behind me you can see. Just flaring produces toxic nitric oxide as well as Greenhouse Gases like Carbon Dioxide yet the oil industry has long had the technology to collect the gases released join all production and use them as energy according to university electroboy. Its just that its simply not profitable enough to do so in poor regions like the niger delta. Thanks to gas which is being flat can simply be called back to do before i made available for people to use so instead of using cruising or you move firewood would you want to have a direct impact or simply no forest in the georgia or the villages around where the gas is with no use of firewood for you looking for your source of energy so even guys made cheap and they can afford it theyre the ones. When approached shell refused to comment on the accusation the company shied away from this kind of publicity many of its gas players are barely accessible hidden deep in the jungle. Its a well known part of residents complain about Health Issues experts confirm the devastating environmental consequences of the international i firms remain silent obviously a successful strategy many members of the local political elite seem to be more concerned about oil profits than about environmental damages however we do find a Small Oil Company thats prepared to talk to us to limit our oil as petro diaz says his company wont repeat the mistakes of the industry giants we are cautious with the environment and we would like to take a bad taste of. This opportunity and eliminate completely the slate so our plan is by two thousand and eighteen we will not be flaring any gas. Can only hope thats not just another empty promise hes begun documenting his Villages Health problems and if need be hell take their cases all the way to the courts in europe. But unless he can take command tossed and show its nose this new electro fairy inside out he was the design teams project leader but a Maiden Voyage is still something special. Coverage electric motors a barely audible there are four one on each corner of the ship diesel engines are usually centrally mounted. And he was not to look for motors mean the ship doesnt stick firmly to a given course in a steady readers around a bit when the red is applied. Thats not just a new sensation for the captain its very can carry up to forty five passengers and six cars powered entirely by twenty four lithium polymer batteries they allow in an. Will saving a fourteen thousand liters of diesel as long as the captain can get used to the electric sailing era. Im over my in it if you want to conserve energy which is fundamental to running a ship like this youve got to be controlled and approach your birth as gently as possible not every captain can do it but then again not everyone is made for electric cars either. Demand for environmentally friendly or ships is rising not only in their tourist regions but also in cities with poor air quality. Obviously theres no smell when youre on the port ferries and hamburg for instance you can still smell them you smell oil you think youre in a factory you dont have that on an electric ferry. Costs ish darling style zoned entered the market early on and has already designed and built ten electric ships. They built as likely as possible because every kilos saved means less demand on the expensive batteries and thats crucial to commercial viability. You must assume and we have to be aware when we using steel that we had to minimize weight as far as possible and engineers couldnt just take a conventional approach instead they have to ensure a Minimal Energy is required to move the vessel. And that when theyre going to plates and different beam separation as far as possible and thats allowed us to save twenty percent in mass what do you know sponsor whats out there my signs but. Nonetheless the electric ferry still costs fifteen percent more than diesel driven versions but the municipality of all the village near three has spent the money quite happily on clean air on the mosul where the ferry goes into service in a few weeks time. A career in sports is. German design. As kira gets bored with the stinger. And upgrade not enough in the world premier of the new only a seven sport back now a dynamic all round. The. United against climate change. Head of the u. N. Time income friend then gone global three thousand looks at bangladesh china and the usa. Is doing their part to protect the planet and who isnt global three thousand in sixty minutes on g. W. On freedom and the whole. World i come from the region is rich in history and talent but so poor in education opportunity and freedom this makes it especially difficult for independent journalists i see many of the younger and promising journalists now making names for themselves all over the world. Some by the way some might follow some with continue. Their experience of freedom a sense is like the unions that you can visit but your car come back. When in your fifth ward i work at. A low and welcome to drive with a d w motor magazine today we look at a World Premiere in english