Trying always to understand this new culture. You are not a visitor. You want to become a citizen. In for migrants your platform for a while information. The most ambitious spending plan in spain that democratic history thats what Prime Minister had both options call that but can it pass parliament will it be a not. Also want to show chip maker a. M. D. Vice competitor xilinx and a mega deal as the pandemic drives a record amount for computer chips. And a un report says rich countries are exporting millions of dangerous dirty cars to developing new. It is urging them to feel. This is the doorway business imes an elder on in berlin thanks for joining us stan plans to increase taxes on corporations and the wealthy to find a Bigger Health an infrastructure spend and to help rebuild a coronavirus damaged economy but the proposal faces an uncertain future in Parliament Meanwhile widespread strikes from workers especially impacted by the pandemic have hit the streets. These 2 of us drivers have come to madrid from all over spain theyre at their wits end for months now their earnings have dwindled and many are close to going bust. But were demonstrating because we need help we need because we face total ruin in this sector its just a little help we need if not well go bankrupt. They left us in gods hands they just gave us the furlough payments and nothing else as for regular drivers the ones driving the main routes they got several 1000000000 euros were like the black sheep of the family. Its not just coach drivers the total number of people out of work in spain has risen to 3. 7000001 in 6 people there are no has no job the situation is even precarious for doctors and nurses they went on strike on tuesday for the 1st time in 25 years they want more Government Investment in the countrys health system. Madrid promises a Speedy Recovery Health expenditure will be ramped up by a 150 percent with an additional 3000000000. 00 euros allocators the funding will come from a u. S. Aid to spain in all spain center left governments plans out of to a 240000000000 euro budget for next year. Or you know what today we launch a new era in spanish Economic Policy a new era that puts the neo liberal times of austerity and cutbacks behind us and puts our nation on the path that marks the his. Greenman reached in europe. For the book it still has to pass a fractious parliament to bus drivers hope it can survive until it takes effect most of them are already running out of money. Us chip maker a. M. D. Is by a rival xilinx for 35000000000. 00 as the industry for computers and gaming consoles booms and response to covert 19 the deal comes after andy posted a 3rd quarter profit of 3 190000000. 03 times last years result the deal is expected to close by the end of next year but still needs approval from regulators and shareholders of both companies its already fierce competition between a. M. D. And intel. Our financial correspondent yans quarter joins us from new york hello yes now this mega deal between a. M. D. And xilinx thats just the latest in a flurry of mergers and acquisitions in the chips industry why is that happening is it really just increased tech demand from the pandemic. Well one reason is actually the rising stock price especially for some of those search tech names like a m d the stock increased by about 80 percent so far this year and that means thats the reason why theyre even capable of paying 35000000000. 00 usually most of that will be paid in shares and that a. M. D. Stock is on fire also it depends on intel because the arch rival is having some huge problems it was a new chip generation and that actually played into the cards of a. M. D. You saw a huge merger and now we have to say if the way to see if regulators are actually waving this mess of deals through or how much more the Competition Among chip makers is going to heat up now a busy earnings week has of course kicked off on wall street with microsoft in one of the 1st to post its results what can you tell us. And those taken endings are crucial microsoft google amazon apple and facebook all reporting this week and those 5 companies alone stand for about 20 percent of the market value of the s. And p. 500. 00 to microsoft fired on all cylinders the gross and every segment the biggest growth in the Cloud Business with Revenue Growth of almost 50 percent the stock actually is not doing that much in the after hour session but thats probably because the stock is already up by almost a 40 percent so far this year and microsoft has a market cap of a boy about 1. 00 trillion dollars so the 1st tech company is convincing so lets see how the other tech giants of fairing when they come out with their earnings some thirsty and when they do you will have that story for us our financial correspondent yangs carter thank you very much for your analysis. Car ownership is growing around the world and thats not expected to stop anytime soon but theres quantity and theres quality a report from the United Nations says rich countries are dumping millions of quote dangerous and dirty cars in developing nations heres more. Millions of used cars many buses and vans from europe and america end up on african roads every year many are no longer fit to drive pumping out excessive admissions causing far more air pollution the new models the outcome of the un environment agencies latest report the report shows that between 20152214 1000000 used vehicles were exported worldwide 80 some 80 percent of those went to low and middle Income Countries with more than half going to africa you know it said developed countries must stop exporting vehicles that fail environmental and safety inspections and are no longer considered road worthy in their own countries. More and more african countries want minimum standards that ensure only safe environmentally friendly or vehicles are cleared for import. But a total ban on used car imports to africa would be counterproductive for development. Mobility is crucial in domestic markets produce very few if any vehicles so the United Nations has started an initiative to set minimum standards for used car imports. Are already in force in several african countries including kenya gonna on the ivory coast. Now to some of the other Global Business stories making news amazon says it will hire 100000 extra workers to cope with an increase in orders and expects in the run up to christmas the new hires will help to pack and deliver parcels to shoppers driven online by the pandemic its amazon 2nd a hiring wave in the pandemic as online sales search. Home share pioneer air b. N. B. Plans a nasdaq launch this year hoping to raise 3000000000 dollars the i. P. O. Is a rebound from the travel sector pandemic crisis earlier this year air b. N. B. Had to secure emergency funding from investors its benefited from travelers prefer a now to drive to local Vacation Rentals and shy away from larger hotels. Bolivia as president elect luis are says says the value of domestic lithium production could rise to 2000000000. 00 by the end of his term its an important announcement for the country that said to hold the biggest reserves of the metal in the world and for a German Company heavily invested in a mining project thats been on hold. Its a veritable treasure trove an enormous lithium deposit on the bolivias a uni salt lake the metal is essential in batteries for the likes of electric cars the local mass says his area wants to be part of the lithium boom. All the community is really the salt lake and all bolivians should benefit from the lithium treasure and bedded in the salt crust. Back in 2018 there were smiles all round in berlin when germany and bolivia signed the lithium mining pact it wasnt tested iraq china lucky enough to seal the deal but a c. I. Systems a Medium Sized Company from boston back their winning idea sustainable plan to extract the metal using an efficient new method. Panfilo in his community are in favor of lithium extraction with the help of the germans but they feel left out of the process and are asking for financial compensation. Residents have to share in the profits because well feel the effects of lithium industrialization here in our community. One of the opponents of the project distrusts the germans and the deal in general is. They want to mine now raw material behind our backs with that 70 Year Contract the germans may be a good partner but they have neither the Financial Resources nor the technology. The opponents are simply misinformed says economist here neighbor mero who launched the project with the german. Fortunately our project is at risk of falling victim to political game playing its the only place in the world when mining and battery production will both take place on site. And philo continues to back the germans. But he wants environmental commitments before mining takes place especially when it comes to water consumption. Alternative ways must be found to supply the lithium factory with water in the future if they only tap our well will ruin our childrens future. The German Company won the contract but now the real hard work begins not just mining but persuading communities like rio grande day that the government made the right choice. And thats all from me and the Business Team here in berlin for more they would check out the flash business are follow us on social media i was an album allowance thank you for watching. Colette goodbye children in india. My cosmetics company. Mica is a long material thats mine in a highly risky condition. Combining business with conscious. Its a balancing act for the manufacturing industry. Global 3000. And 60 minutes on d w. What secrets lie behind the walls to. Discover new adventures in 360 degree. And explore fascinating World Heritage sites. W World Heritage 360 get me out now. Every day counts for us and for our planet. Global ideas is on its way to bring you more conservation law how to make see the screen. How can we protect have a chance. We can make a difference. Good morning to you as the environmental series in 2000 on t. W. Dawn ma. How does a virus spread. Why do we panic and when well all miss trying to just through the topics covered in the weekly radio show is called spectrum if you would like and new information on the crown of virus or any other science topic you should really check out our podcast so you can get it wherever you get your podcasts you can also find us at. Science. There is as state of the news africa coming up on the program alleged killings on a crackdown on the opposition doesnt ians very focused special elections on wednesday so one does not speak 1st then why go 46 me election does your position have a chance well hear more from our reporter also coming up. Could soften off fast this movement in south africa is accusing foreign nationals in their country of committing the crime and taking the odd job out they want them out
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