And the news has made huge waves teslas new facility could bring 10000 jobs to berlin thats coming up next in Business News recovery a stick around the rest. Will go to the girl next new to china. The final story. With exclusive. And a must see concerning arts and culture in europe the place to be curious minds. Do it yourself networkers. Subscribers and dont miss out. In a puzzle yourself by a long its not easy to go to another country you know nothing about why folks do this because we cant stay on its way in a. Way that. Closely global news that matters d. W. Made for mines. Tesla chooses berlin for its new european factory c. E. O. Elon musk says german engineering is the main reason but his big european competitors will now be just around the corner what does the move mean for tesla and berlin. And markets listen then as the u. S. Federal reserve chair paul speaks before the u. S. Congress with few surprises the path where Interest Rates in the u. S. Will remain unchanged. For bus
a new plant could be located here can hide a small municipality east of the capital berlin it already boasts good industrial infrastructure construction is expected to get underway within only a few months. that s a pace that brings jobs to the region i m all for it the space is there highway connections are there it s fine we have to see what actually happens the b.m.w. once planned a project here but nothing came of it. if i m just going to i think it s really stupid because it means new jobs i think it will give the region here a huge upswing i ve got my fingers crossed and hope the plant does actually go ahead tesla s plan is still only a declaration of intent and the notion that the new model was a compact s.u.v. complete with its batteries could be rolling off the production line here by 2021 is quite an ambitious one. major u.s. stocks ended the day up after a federal reserve chair jerome power old told lawmakers the central bank is likely
infrastructure construction is expected to get underway within only a few months. that s a pace that brings jobs to the region i m all for it the space is there highway connections are there it s fine we have to see what actually happens though b.m.w. once planned a project here but nothing came of it. and i think it s really super because it means new jobs i think it will give the region here a huge upswing i ve got my fingers crossed and hope the plant does actually go ahead tesla s plan is still only a declaration of intent and the notion that the new model y. compact s u v complete with its batteries could be rolling off the production line here by 2021 is quite an ambitious one. or one of discuss this a little bit further for that i m now joined by. our expert at the work business school thank you very much for joining us mr stoddart i d like to ask for your initial thoughts on this decision is germany and specifically berlin truly the