Weathers to understand this new culture. Another visit or another you want to become citizens. In for migrants your platform for reliable information. The u. S. And france are clashing over new tax regulations for Big Tech Companies after france announced new duty for the likes of google and facebook the u. S. Warns against changing the international rules. On the show over reveals thousands of Sexual Assaults on both passengers and drivers and sparked a debate about the safety of right feeling services. And opec countries are Cutting Oil Production to boost prices but not all members are happy about it well take a look at what the decision means for smaller export. Business and how you got to get us welcome to the show the socalled digital tax is quickly becoming the next big confrontation between the u. S. And the European Union it foresees new fiscal regulations for Companies Like google amazon and facebook u. S. Treasury secretary Steven Chu Knutson warned the organization of Economic Cooperation and development o. E. C. D. Against overhauling existing International Taxation but france sees it very differently. Right now global giants like Amazon Google or facebook can decide themselves in which country they tax their profits or regulation the u. S. In particular would like to preserve paris wants profits that are made in friends to be taxed in friends and its determined to enforce that. The american proposal for a solution which Companies Choose whether to be taxed or not does not convince me if i havent seen a lot of companies that freely accept being taxed ive always counted on everyones philanthropy but im not sure that with regard to Public Finance it goes a long way so an optional solution obviously will not be acceptable for france or its o. E. C. D. Partners delusive you. The organization for Economic Cooperation and development is currently working on a proposal for an internationally agreed minimum tax for globally active companies but france plowed ahead this summer with its digital tax other countries like italy plan to follow suit and that has provoked the americans into retaliating with import tariffs on french products if you double your financial correspondent joining us for more yes the u. S. Is showing quite a lot of resistance to these possible taxation rules would it hurt American Companies that much is such a big deal. Well theres a lot of discussion going on 1st of all one of the ideas says that revenue and profits are supposed to get taxed and then well if francis starts the digits of texan the u. S. Corporations probably could deal with that but we also have other countries of the u. K. To lead canada are also having similar ideas so at the end the bill certainly would i mean were talking about a multi 1000000000. 00 companies and also washington is not always happy with the big firms from Silicon Valley but washington is basically saying if those Companies Get takes that should be within the United States and not brought if you look at the companies themselves so far we have not seen a huge reaction at least when it comes to the stock price an apple and google pretty much trading at an all time high the same is true for a company like facebook do stay with us because i want to discuss another important aspect today the u. S. Department of labor released its november jobs report with impressive figures on the labor market economy added 266000 jobs far more than expected your employment rate dropped to 3. 5 percent at 50 year low additionally figures for september and october were revised up confirming the u. S. Job market is solid as a rock that comes in handy as the u. S. Economy is facing several external threats. Lets go back to yen so yes of course needless to say this is a great treat for investors at the end of the week. Certainly is straightened out by more than 300. 00 points and basically we could cover more or less all the losses that we saw earlier this week when some concerns about the trade dispute was china put some pressure on the stock market this jobs report not everything is picture perfect but overall those were strong numbers actually expectations got beat by about 80000 jobs we had the health care the educational industry where we saw most of the gains and then on top of it we also had a very strong reading on Consumer Confidence the highest number in about 7 months and all of this actually did push the stock market further and now we have the fed meeting coming up next week on wednesday but no changes are expected specially those overall very solid economic numbers in the bank all right against carter in new york thanks for the analysis and good we continue. And we stay in the u. S. Because one of the great advantages of similar right cheating right sharing apps is you know exactly who is driving you well at least thats what everyone thought now after several lawsuits were filed over Sexual Assaults against rival lift over a has revealed how many reports of Sexual Assault receiving in the u. S. And recent years the numbers are alarming. Report made for some sobering reading there were more than 3000 Sexual Assaults recorded last year 235 of them were of rape this out of a total of 1200000000 journeys 99. 9 percent of which was keen to point to has ended with that recorded incident the report which covers 20172018 is the 1st of its kind and comes just 2 weeks after it lost its license to operate in london after drivers using the app were fined to have fakes their identity. And its not just their rival lift is also facing pressure over its Safety Record earlier this week 19 women filed lawsuits in San Francisco related to Sexual Assault or rape that happened in vehicles affiliated with the company. Whose hands touch move had woken up to him actually groping and touching. Both left and super have increased screening and background checks for drivers. Lift has also pledged to release a Safety Report of its own but experts say Sexual Assault often go under reported and that the problem could be far larger in scale than the figures suggest. And the opec oil cartel and its allies have agreed to cut Oil Production but not all member countries are happy about. Saudi arabia and russia called most of the shots when it comes to opec and its allies it was their Oil Ministers who opened fridays meeting calling 48500000 barrel Production Cut despite plenty of grumbling from some smaller producing nations the big players got their way in the end. Weve analyzed indepth scenarios and options and have come to the conclusion that in order to balance the market 500000. 00 Barrels Per Day of additional cuts will be needed. As far as russia is concerned i was of these 500000 barrels 70000. 00 barrels of additional cuts will be allocated to russia. There had been disagreements over how to distribute the latest cuts some countries like iraq and nigeria producing more than previously agreed saudi arabia reportedly threatened them with a massive production surge if they didnt stop cheating on their quotas during the press conference saudi arabias minister sugarcoated his message. I have to be very candid and honest and never let. Any of you started. Tweaking what we had said weve been consistently saying. That it contributes. When we see everybody committed to what they have. Supposed to do. At one point even and gold as oil minister whose country has complied with his Production Cuts stormed out of the meeting thursday night apparently saying he wanted his country to quit opec but he cooled off and later returned with oil markets in their current state theres little surprise a deal was finally reached a new Production Cuts take effect on january the 1st Oil Prices Rose sharply on the news. And now a quick look at the u. N. Climate conference in madrid where china is a topic of. Once upon a time that this was a common sight not anymore over the past few years theres been a significant improvement in beijings air quality that stand to a range of far reaching Government Policies most notably related to coal over the last 5 years or so theres been a lot of improvements in beijings air called in the air quality across northern china. Thats being as a result of a lot of government measures to clamp down on. The burning of coal and households to switch. Heating with gas heating and also stricter emissions standards on industry still china the worlds most populous country remains the biggest emitter of carbon the Construction Industry is especially to blame steel and cement are both a huge source of pollution in the last 3 years the countries use more cement than the u. S. Did in the entire 20 century. Factories too many of them operated by multinationals have proven environmentally damaging that spirit environmentalists to provide data to ensure that consumer goods giants like dell added us in haitian and keep tabs on their suppliers the environmental impact. 1st question theres always like you know we have a green policy but in china sorry i just dont know who are polluting. And i still remember the 1st meeting that were able to tell them that look we hope some data its not just about cutting down on colon monitoring emissions china is also becoming a Global Leader in Stellar Energy investing more in renewables than any other country in the world. Before we go space x. Has launched its falcon 9 rocket from Cape Canaveral in florida carrying a cargo capsule called dragon its destined for the International Space station the cargo includes 40 genetically modified mice as well as christmas presents and fresh fruit for the lab 6 member crew after deploying the capsule the rocket landed on space ship in the atlantic. And thats all for this edition of business thanks for watching well see you next time. Carol. Clear positions for international perspectives. This is this weeks meeting among them to mark the 70th anniversary of an organization that likes to see itself as the most successful military alliance in history but how deep are the risks with us find out to the point. In 60 minutes. Show flings this is your ball speaking when i come to the show with a. Hot concert. With the extremist guests. Live. Welcome to. The week w. This is new news africa coming up in the next 15 minutes the gambia still reeling in shock the government says its sending a team to mauritania to investigate the day itself dozens of migrants who drowned at sea in one of the deadliest such disasters this here. As building heat proof houses in 14 lagos and low