Go to the euro max channel. Going to find stories. With exclusive sites. And a must see concerning part time culture kingaroy. Curious minds. Do it yourself networkers. Subscribers dont miss out. Ministration succeeds in reducing the trade deficit fresh figures show the u. S. Is importing and exporting less going to war with china but it could be a bad sign for the economy. In france paralyze the entire country to say no to a proposed pensions reform. And saudi arabia prepares for the worlds biggest i. P. O. The National Oil Company will sell 25600000000. 00 in shares what are they worth to. Program the u. S. Trade deficit dropped to its lowest level in nearly one and a half years in october according to the Commerce Department the trade bill fell 7. 6 percent to 47200000000. 00 as both imports and exports declined this could be a direct consequence of Donald Trumps america 1st policy which has seen several tariff disputes including a trade war with china the trade deficit with china fell about one percent to 30 1300000000. 00 imports remained unchanged white house has accused some of the u. S. Most important trading partners including brazil argentina and the European Union of manipulating their currencies at the expense of u. S. Manufacturers. In new york is standing by with more thank you very much for joining us reducing the trade deficit as we know was one of Donald Trumps big goals is his trade policy working. Well at least for one month weve seen the in pink specially a china was the reason that the trade deficit in october but 1st of all not just imports but also exports dropped overall and thats not not necessarily a sign for a stronger economy and then even if. X. Imports from china dropped a bit imports from other countries actually have risen and if you look at the 1st 10 months of the year we still have a trade deficit of a good 520000000000 dollars and that is the the biggest trade deficit that weve seen in 11 years so overall the United States is still having a huge trade deficit so nothing really to cheer about those numbers at this moment in the Administration Still a long way to go thank you very much quarter on wall street for the analysis. A nationwide strike paralyzed friends on thursday as unions are declaring war against him and when a kohls Pension Reforms stations have been shuttered and most trains and many flights have been canceled schools are also closed to protest at the retirement for workers across the Public Sector fear mccalls plans will force them to work longer and shrink their pensions. However the french leader is undeterred saying the changes are long overdue. It was an issue none of his predecessors dare to touch the president a man who is determined to reform frances Pension System he believes the current arrangement is too expensive too unfair and too complex and cant go on like. Take workers on frances state railway for example their Pension Scheme means they can retire at 52 but that costs french taxpayers 3000000000 euros a year the workers believe they deserve it. Im a foreman for the National Rail company s. N. C. F. Buy in 2400 euros a month and ive worked here for 39 years so its not like i stole my pension from anybody. This scheme for Railway Workers is just one of more than 40 different pension regimes in operation in france micron wants to end what he sees is the inconsistency with a single unified system starting in 2025 but the president knows all too well about his countrys great tradition for protest. Frances unions are globally infamous for their tendency to strike and over the past year theres been the extra challenge of the Yellow Vest Movement a high vis show of discontent combined with thursdays industrial action they show the people power resisting microns reforms. Since the end of last month air b. N. B. As an official sponsor of the Olympic Games staying in france that has infuriated paris the whole city of the 2024 summer olympics the French Hotel Association has threatened to stop working on the planning for the event to protest against what it considers an unfair competitor the International Olympic committee tried to smooth things over. Paris is full of air b. N. B. Apartments the city mayor says that increases Housing Market pressures to counter that she intends to hold a referendum giving parisians the chance to ban the room sharing platform from the city thats a dialin or for the International Olympic committee its just signed up air b. N. B. Is a sponsor for the 2024 Paris Olympics and wants to put its athletes in air b. N. B. Apartments which may now not be available. Free. There are. Steps if the. Appropriate. We have also explained to you know that. Agreement is complimentary to. 0 for commendation in hotels. Turleys disagree he calls them that a b. And b. Should become an Olympic Games sponsor. Youre obviously not happy with this partnership and its normal for a b. And b. Like booking dot com to invest millions of euros per year thats something we just cant compete with. With a bit of luck the olympic spirit will find a way to bring the 2 sides together in the city of love. The worlds biggest and perhaps most anticipated i. P. O. Is about to take place later this month were talking about iran co saudi arabias National Oil Company it intends to sell 25600000000. 00 in shares but they will only be available in the Riyadh Stock Exchange and not in london or new york and thats not the only special thing here lets take a look around of worlds most Profitable Companies last year it produced some 11000000 barrels of oil per day more than 2 thirds of that was exported to asia with an additional 14 percent to the United States the upcoming i. P. O. Has generated a lot of excitement but a recent drone attack on iran co facility and investors increasing focus on Renewable Energy has left many analysts skeptical. Saudi arabia would be nothing without saudi aramco the oil giant posted net profits of 111000000000. 00 euros last year the cascade of cash doesnt only go to financing the saudis stace it also pays for a lot of perks for the general public petrol is cheap healthcare and education are both free for saudi citizens no one pays income tax. The oil concealed beneath the Saudi Arabian desert has almost been pumping itself out of the ground for a few years low drilling costs have made iran co the most valuable and Profitable Company in the world and its the biggest 12 percent of the worlds oil comes from coast taps but no one knows with any certainty had the companys structured end run around co avoid publicity as far as possible its shares will only be listed on the Riyadh Stock Exchange and there are questions about just how large its sited reserves really are not to mention the uncertainty around or oil prices and a move towards renewables crown Prince Mohammed bin simon wants to reduce his countrys reliance on oil revenues from around close i. P. O. Will be used to accelerate the pivot towards the tourist industry and to ramp up development of Renewable Energy and before we go to gives an stickers have invaded all of our chats to fill them with Color Movement and humor of course theres a big business behind them too if you create the right one its like striking gold at least in china but there is a catch the government is watching closely. Nice silly piggy this little creature goes through a range of emotions from pure joy to over frustration at the drudgery of a Boring Office job silly piggys antics have struck a chord when it 1st appeared in chinas popular we chat user sent it more than 30000000 times in a month seeing its emotional range as an ideal way to express their own failings in text message form. Based on its so cute and it reflects how young Office Workers feel inside even though its grumbling it can still express that in a really lively and vivid way with a little 6 attention. For the creator river e its been a godsend she came up with the character was working and what she regarded as adult office job now the artist runs her own studio and signs autographs for fans. In a country of 850000000 mobile Internet Users reverse creative doodling has proven lucrative. Place feel really happy time until. Some friends feel proud of me when people they know share my stickers. I do go back and tell them i know the person who made those and they feel fresh it. Its really flattering and it makes me very happy. To. River has enjoyed been able to make money from her art she will need to be careful though in order for silly piggy to stay online it needs to abide by some Strict Chinese censorship laws once when chinese president xi jinping was compared to winnie the pooh the kodaly pair was suddenly no longer available for download. Them again only this much in it. For when its time for a set emoji now since that is all for this edition of the daily business thank you very much for watching them. He can always stay up to date on our website d. W. Dot com slash business where you can really watch this and all of our other shows see you next time take care of the bike. To the conflict zone the footsteps of. Cars just 3 months since indias disguises a little hard to change in kashmir my guest this week here in london is jason comes up National Vice president and one of the chief spokesman for the ruling. Congress he also the charges of widespread Human Rights Violations in kashmir. So for 60 minutes. I think in everything challenging 1st im a muslim. So much different cultures between here and there challenging for him. Finish honestly i think it was worth it for me to come to germany. Shall be my grandma. Larsons to work as a swimming instructor to share knowledge to children not to dont just one of the toughest. Whats your story take part cherish on info migrants dot. Com sleep. Carefully. The soon. To be. Discovered. Subscribe. Documentary on you tube. This is news africa coming up on the program its a race against nature president s head for Higher Ground in east africa last fall cost suggest up to rachel ray and flopping called guest workers also coming up. Bring back ossified in you National Museum in the democratic republic of congo nights debate
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