Heres a liquid lesson in avoiding a trade war imports of American Liquefied Natural Gas shot up by close to Three Hundred percent in less than a year with more to flow. Also on the show france and germany team up to subsidize Battery Cell Production they call it a strategic investment in the face of tough asian competition others say its a waste of money. And five German Companies pledge a million. Dollar cost memorial in jerusalem on Holocaust Remembrance Day. Welcome to the w business im sure theyll do thanks for joining us we start off with us alan g. Going to get you now about may sound like an Alphabet Soup but it means so much more a close to Three Hundred percent increase of liquefied natural gas imports from the u. S. To the e. U. Is one thing helping to manage tensions between the two Trading Partners but for how long. It all started with a promise in the rose garden last july when e. U. Commission president ial Claude Younker tried to sue the us president ready to start another trade war weve decided to strengthen our cooperation on energy and you will be more terminals to import liquefied natural gas from the us currently germany is financing two new Elegy Terminals to receive fewer shipments and is said to be busy the e. U. Wants to double the imports from the us by twenty twenty three the us paints this not as an economical but a political success and expanded Natural Gas Trade will contribute to the collective strength and resilience of our nato partners thank you very much still u. S. President Trumps Maine Grief as with the e. U. Buying most of its gas from russia a fact that wont change anytime soon and twenty eighteen forty percent of the e. U. s gas imports came from russia a similar share was imported from norway other large suppliers to the european markets are algeria and qatar the United States still ranks among others they are l. And g. Numbers look higher as most gas to the e. U. Is not liquefied at all but rather delivered by a pipeline that we crossed out against carter our financial correspondent in new york now yes this deal to buy more u. S. Gas thats obviously not just about the energy trade but this is a concession to avoid further blows in the u. S. Trade war do you think it will work. Well i mean what europe certainly will try to avoid is higher tariffs on car imports so this is one of the big items on the table when it comes to the trade talks between the United Nations and the
european union and so that europe is buying more gas from the United States actually could help and smooth those negotiations a bit and then on the other side it also could be to the benefit of europe it cant really hurt if you have more suppliers and you do not actually depend so much on the gas imports from russia and then for the United States was the Fracking Boom here we see record production amounts of gas and of oil and sold the United States is clearly looking for more markets to sell oil and also guess and speaking of selling we have Corporate News were hearing that Meat AlternativesCompany Beyond meat really gave investors something to chew on in its first trading day how did it go. Yeah its supposed to taste like meat looks like meat but it is not meet one of the main bases of the product from beyond meat this actually yellow
piece and the i. P. O. Here on wall street was quite a success at the first trading day the stock of beyond search by more than One Hundred Sixty percent even if this company is still not profitable and what is also interesting if you look at the United States less than five percent of the population are considered vegans or vegetarians so what this company is trying to do is not necessarily target vegetarians but a meat lovers spot to try Something Else but to me its if were talking about a meat market here in the United States of Two Hundred Seventy Billion Dollars plus and there was one pretty funny headline here that now be on meat with a market cap of Three Billion Dollars is worth more than the entire piece that we have here in the United States a Media Analysis from the ends quarter on wall street for us thank you very much
five high profile german organizations dine learned on flights and the soccer club russia dortmund have pledged five Million Euros to the Yad Vashem World Holocaust Remembrance Center and jerusalem the donation announced as part of Holocaust Remembrance Day events in israel will be invested in the museums growing archives. Every year on Holocaust Remembrance Day israel comes to a standstill for two minutes sirens wail in memory of the some six million jews killed by the nazis. The heads of German Companies dima fox. On and bunk all of which were active during the nazi era have joined the commemorations in israel. Together with Soccer Club Brucia Dortmund they are donating five Million Euros to expand the Yachts BeachamHolocaust Memorial it is one that would. Take each of our companies bears some responsibility in one way or
another and. We have discussed what we can do to strengthen this culture of remembrance. Those who believed in equal importance and the pushed and Doesnt Bonk Ward off and seek knowledge of the board of door to bonk wanted to send a signal with this donation and a signal against antisemitism as a signal against racism as a signal against religious intolerance and social exclusion its because there was concealed. Yacht to the sham has been documenting the holocaust and giving the victims a name since One Thousand Nine Hundred Fifty Three visitors and researchers from all over the world learn about nazi atrocities here the new Shoah Heritage Collection Center will be part of an expanded Research Institution with new Archive Technology and more research and Exhibition Space the entire complex will cost an
estimated fifty Million Dollars the old archives are becoming too small and new items continue to arrive there are millions of documents photos testimonies artworks and personal items. The whole. Were standing at a crossroads the generation of survivors is gradually disappearing and the possibilities of preserving evidence and memories are changing dramatically. And we have to do everything to tell this story. Disappear with a sequel the German Companies believe its very important to come to terms with the past including their role in slave labor and profiting during the nazi regime thats also a reason to contribute to the memory of the shoah. Or chip on the tradition. Was called torture of ice back then. We played
a key role in organizing everything. Because of those organs yet to this day we are ashamed its more you can talk thats why such joint projects like the one at yad vashem are so important construction of the new complex is set to begin at the end of the summer with the opening slated for twenty twenty one and now to some other Business Stories from Around The World russia is in the final stages of launching the worlds First Floating Nuclear Power Plant the aim is to supply electricity to the countrys far east but the ship can be towed elsewhere to meet demand critics say the project is dangerous and have dubbed it turn a bill on ice. Canada bombard the nq shocked workers in Northern Ireland on thursday by announcing it will sell its belfast operation the largest hightech
manufacturer and the region the company employs Three Thousand Six Hundred people there the decision is part of a plan to combine bombard corporate and regional jet units into a single Aviation Unit and shed more assets. If the future of the Auto Industry is electric then its going to need a lot of batteries most Battery Cells are made in asia and the u. S. But europe wants to catch up france and germany announced a joint effort to create whats supposed to be the air bus of batteries a European Industry that also happens to be heavily subsidized. Electric cars and Charging Stations are still something of a rarity last year just two million electric cars were sold worldwide but that looks set to change with all major carmakers hutchings plans to develop electric models. Of course requires batteries at present Battery Cell Production is
dominated by Asian Companies those produced for tesla for example are made by a Japanese Company panasonic. Now europe wants to get in on the game. Germany and france have launched a Project Worth over Five Billion Euros to develop Battery Cell Production among the aims staying competitive against the United States and china. We dont just want to meet demand from the european car industry we also want to export global labor and make it clear that factory is made in europe represent an important Quality Standard for electric mobility and other Alec Tronic Up occasions. Around A Billion Euros of the Earmarks Funds comprise subsidies for cross border but to sell a consortium involving french carmaker peugeot and its Sister Company opel in germany
a further four billion is expected to come from private Companies Including energy firms. Thanks for watching. Thank you from the book you are no one on the cheap oil thank you i learn from local reform of. Exposing and justice global news that matters to you for minds to come to its all happening clips of british. Tour linked to news from africa and the world. Your link to exceptional stories and discussions hello and welcome to news im Feeling Program tonight from one samuel from the museums our wild website the depth of the cold its much tougher economy join us on facebook at g. W. Africa. Some say that were going into this world alone. That were not. In the second we come into this world were in it together and