The white house says they are unfairly target American Companies like facebook apple google and amazon and as threatened punitive trade measures against paris Big TechnologyCompanies Like google amazon and facebook operating in france will soon be paying more tax Frances Senate has approved a 3 percent tax on Tech Companies doing business there the aim is to plug a taxation gap that allowed some internet heavyweights to avoid tax in countries where they make their profits and to book their income in low tax countries like ireland its estimated the livy could net france 400000000. 00 euros this year and 650000000 next year before the vote french finance minister spoke out against the growing power of big tech. Start. We can all see the emergence of economic giants with monopolistic attributes who not only want to control a maximum amount of data and make money with this data but also to go further than that by in the absence of rules avoiding taxes and putting into place instruments that could tomorrow become a sovereign currency. The show keep away dumont home would have formed melissa one. But even before the legislation was through us President Donald Trump had ordered an investigation the us warned that if the law passed it would activate section 301 of the u. S. Trade act that authorizes retaliation against a Foreign Government whose trade policies or practices deemed unjustified unreasonable or discriminatory or that they restrict u. S. Commerce france is the 1st major economy to impose a tax on big tech but other e. U. Countries including austria britain spain and italy have also announced plans for digital taxes. Our financial correspondent yes carter joins us now from wall street so young whats the word are we looking at the beginnings of another trade war this time between the u. S. And france. At this Point Washington does not seem to be amused or lets put it this way and this there from france is pretty unusual because theyre not going after profits after texas but after revenue but at least for once Silicon Valley is applauding the Current Administration there are a mess of lobbying efforts underway sold to kind of support the u. S. Government to not just let this new fly but we dont have just to talk about france also the United States there are debates going on how to takes those digital call peroration about to come back to your question what will the trigger in new trade disputes that is really true early at this point are for now washington just said theyre looking into the matter. Well well know more in a few weeks but stay with us stance because there is more to address now during that tech tax debate in paris finance minister Bruno Lemaire also took a strong stance against facebooks Digital Currency libra this is what he had to say immediately National Feeling still im determined to prevent facebooks financial instrument libra from becoming a fully fledged currency that would compete with National Sovereign currencies because i will never accept seeing corporations become private states. Where the ends courts are now in new york so yes lemaire is hes a threat weve also heard from fed chief their own power hes talked about the risk to the system from crypto currencies like libra so what do you say this is a project that could be doomed to fail before its even started. I wouldnt call it the end yet but im also a democrat see im here in the United States facebook to at least put the plans of libra on hold and if you look especially at face for their track record how they deal with they use their data its not necessarily picture perfect so there is a lot of opposition to goals plans and you can also see it when you look at current cryptocurrency is like a big calling for example when facebook announced those plans for libra we saw big call and skyrocketing and now that the whole project is in jeopardy you see actually quite some pressure because just here on thursday were off almost 5 100. 00 so it is difficult to say if its the end but it clearly will be very very difficult to get by the way there is also discussion going on of facebook should be broken up and if such a Company Comes with their own cryptocurrency or their leader in their field thats not going to be easy to get that regulators of the Central Banks always a lot to talk about when it comes to Tech Companies there on wall street for us thank you very much. Now just days after slashing 18000. 00 jobs and scrapping its Global Equities unit u. S. Authorities are reportedly investigating Deutsche Bank the progun cerns corruption and anti Money Laundering allegations surrounding malaysias Sovereign Wealth Fund 1. 00 and the u. S. Authorities say 4 and a half 1000000000. 00 were stolen from a one m. D. B. And spent on everything from yachts to expensive our door to buy and help raise over a 1000000000. 00 for one m. D. B. In 2014 even as concerns about the fund began to circulate. Now the Health Benefits of exercise have long been documented but what about its positive effect on the climate in california one facility is looking at one way to transform physical activity into renewable energy. This is not just for shaping bodies it also produces electricity around one what a minute at a relaxed pace this treadmill doesnt move automatically it only moves when someone is using it. And as you see behind me having somebody right now actually sizing their size ing and burning calories theyre actually able to produce watts which we use energy to power the facility itself so were harnessing the human power to produce clean energy at the finish so. In order to convert the energy into electricity what are called inverted generators were built into the machine that are similar to those found in solar panels and Wind Turbines excess current is stored in a battery so everything remains bright even during hours when fewer people are working out. I would like i would like for jams to be able to power entire city block on its own right produce enough energy to power their own needs right within the facility and then have the excess energy to power a city that would be my goal one spin in course for example can generate between 1002500 watts of energy that would run a refrigerator for a while but creating enough energy for an entire district would require lots of people working out at the same time and working up a big sweat. Theyve long been the preserve of wealthy american retirees looking to see the world after a lifetime of work but increasingly Chinese Tourists are taking to the seas creating a growing market for cruise ships and the industry is the term and not to miss the boat. Welcome aboard the spectrum of the seas one of a generation of new cruise liners built specifically for the asian market gone are the formal dinner dances of bingo halls perhaps associated with the traditional cruise traveler theyve been replaced with robotic bartenders and other top end tech its all in an attempt to appeal to a growing market china the u. S. Remains by far the biggest source of seafaring tourists in the world there were 13100000 of them last year but now in 2nd place sits china where 2400000 people took a cruise ship holiday joining 28 team puts it ahead of other traditionally big markets such as germany the u. K. And ireland and australia. Talk up unease in china say infuse the us and for cruises is growing as more and more chinese gain the wealth needed to see the world we can see that the ships that get in that chair and there are more things like living on the ship is like living. Daily living you can live on a share for days without getting. To the construction of bigger fancier ships is seen as a major problem particularly by environmentalists last month activists prevented a ship from leaving the german port of kill citing the large amounts of so for oxide the boats pump out to sea and communities in top cruise destinations of also complained about their impact this apparent is near misses between a ship and a smaller boat in venice as congested canals caught on camera at the weekend is further viewed the movement to get them banned from the italian city. New industry regulations will force Cruise Companies to cut their emissions next year propelled by chinese growth will continue to ferry millions of people to destinations all around the world including some where theyre not always welcome. And before we let you go is the news on germans weapons exports they are on the. Again berlin has already approved arms exports this year worth 5300000000. 00 euros thats more than the total for all of last year its an abrupt change after years of decline in weapon sales hungary it buys of the most poppins from germany egypt and the United Arab Emirates are also big customers theyve both faced criticism for their role in the yemen civil war. And thats it for me and the d. W. Business team for more check out our website the w dot com slash business or our social media feeds it will leave you now with this quick check on on Global Markets i was an elder mullen in berlin thank you for watching. What secrets lie behind these we. Find. Our city experience and explore resonating Cultural Heritage sites. D. W. World heritage 360 q. What do you think what you get for 0. 50. Or 57. No a lot of the things youre not here which today is the big stinking coffee all small tomato did you know it cost 0. 50 to feed hungry child for one full day. It would be one day. Game if. Nothing had all. The shared a meal sharing the children is just 0. 50 and a tap on your Smartphone Smartphone users number sure would. Imagine the impact you and your friends could have together weekend and Global Hunger please download the app. This is the w. News africa coming up on the program hes a black muslim immigrants from somalia majid my dad was just 5 when he came to the u. K. Now hes a member of the European Parliament who says refugees disaster better. Need to treat people with compassion we need to treat people with dignity nobody choosing to leave their family their homes their Community Plots these when discriminate that i can still be in and ill be you know in my lot but not all these years in his newfound celebrity status and musician suffice to stick