Germany. Where exactly. Are no laws are still sure history. Travel extremely worth a visit. Citi group names james frey sure its next c. E. O. The Top Executive becomes the 1st woman to head a wall street bank swishy have company anytime soon both war correspondent and your. Also want to show the evil builds race heats up g. M. Announcing another major electric Vehicle Partnership this time with startups. And European Companies complain about bullying from beijing this efficiency refusing to let many of their. Qtips and staff back into china for work after being expelled from the pandemic broke out. Blue and welcome to the show im susan beers in berlin its good to have you with Us Citi Group has named jane frazier as its next chief executive making her the 1st woman to lead a top wall street bank frazier takes the reins of the 4th biggest u. S. Bank by assets joining a group of wall street c. E. O. s that has been exclusively male and white she was head of Global Consumer banking at citi since the 2 rather 29. 00 team and was long considered a top candidate for the top job will start a c. E. O. In february but join city groups board of directors immediately. And lets go to court our financial correspondent in new york for more on this. Yen so frazier is the 1st but how long will she be the exception can we expect any other women to assume a top position in the coming months years what or whats what we see we look ahead. Well i would say its going to be a long stretch to even see much more women coming up at the top of the helm of the big u. S. Financial institutions covering wall street now for more than 20 years and besides that there are hardly any women on the 4th and York Stock Exchange but even in the boardrooms and specially when it comes to the c. E. O. Position so this is a new one its not that difficult as a woman to become a job on wall street or at one of the big banks but at one point and of talked to many women all over the years in the financial industry at some point its really getting tricky to serve the male colleagues theres such a Strong Network so who knows maybe at some point we see we will see another woman at the top of the big u. S. Financial institution but i wouldnt say that this is the big new trend on wall street are you and so we talked about frazier but what about the industry itself what kind of challenges is she going to face at citi group briefly if you could well clearly i mean one of the big challenges that were going to see not just for the city but for a lot of the big Financial Institutions its huge debts debt was the government that was called peroration but also Consumer Debt is on record highs so we will have to see if there will be some delinquencies and we also might see that some people might not be able to pay their mortgage any longer so thats clearly going to be one of the big challenges the near term everything related to the pond demick and then on top of it we are in the mall is 0 percent Interest Rate environment so thats also challenging for Financial Institutions but overall wall street seems to be optimistic that jane fraser might be up to the task right corner with the latest from new york thank you. Well its the 2nd electric deal for General Motors in less than a week this time a 2000000000. 00 agreement with a start up nickel to produce electric pick up and supplied batteries the shares of both Companies Put the pedal to the metal after the announcement what is nicola is look at the other Company Named after a certain mr tesla. This is it headquarters this so proclaim disruptor of the Transportation Industry greets visitors with a variety of slick and shiny vehicles in the entry. So called big trucks away from their off road week its all there its show and tell what could be all rather what will be in the near future this man. Energy Technology Company that happens to make really cool big vehicles this is travel milton the founder of nikola 38 years old and worth an estimated 4500000000. 00. Company considers himself a gifted man with plenty of ego and smarts of course primarily he just got lucky he says. Started this it was it was very risky you know the odds of starting a company and succeeding are always against you and the odds of starting a company and turning it into a multibillion Dollar Organization worldwide is like winning the lottery 2 times in a row perhaps not only militants relentless determination but also his ability to make others buy into his idea or. To get to where it is now you start to realize that your least important person in the room it takes a long time takes a lot of you have to be able to go. At this point in time with just around 400 employees still a Small Company has great ambitions milton and his team do not just want to disrupt but transform the trucking and Transportation Industry into an environmentally friendly business and not only in america but also in europe and around the world. Destroyed diesel. Diesel is dead. Milton is creating operating and betting on a unique Business Model that he wants to apply to the trucking and Transportation Industry hes now multibillion dollar startup doesnt simply plan on selling cool vehicles powered by hydrogen and batteries nicola wants to be a 0 emissions one stop shop for truckers and Transportation Companies how when you buy a truck all your fuel is covered all your service your main its all provided by us so thats the advantage that he has were going to be building 50 hydrogen stations throughout europe and not just netted a big quarter for his company well build and deliver up to 2500 electric garbage trucks for america 2nd largest Waste Management company when nicolae needed analysts and perhaps some investors complaint the reason so far only really sold t. Shirts and pence but no trucks other vehicles or hydrogen stations and maintenance packages. Will be one of the top 5 companies in the world but remember need is a start up maybe its past is not long enough to say definitively more about its future than perhaps promising. Lets go over to china now where a new survey suggests officials theyre using the pandemic to up the pressure on european Firms Companies with workers in the country told the European Union chamber of commerce in china the beijing is frequently refusing to grant managers and workers entry the findings come just days after president xi jinping promised the Business Community to continue to open the economy to the world. In late may several 100 german executives and their families who had been forced to leave china due to the pandemic were granted special permission to return to their workplaces their. But it was anything but a sign of getting back to normal. Many European Companies in china are still waiting for their employees to return but chinese authorities are refusing to let them in again in a survey by the European Chamber of commerce in china at the end of july 13rd of the company said that none of their foreign employees had been allowed to return around one in 5 companies stated that only some of their expats had been able to come back and only 17 percent said all employees had been permitted to return to china. The European Chamber sees this as a further sign of tightening restrictions against European Companies. Almost half of those questions said the pressure came mainly from the Chinese Government 44 percent said the tone of Chinese Media had become more strident and more than a quarter also it had negative experiences with the communist party. While europes borders are largely open to chinese investors the hurdles for entering the Chinese Market are getting higher and higher those who manage to do so are often hindered by unfair Business Conditions in the country one big exception is the Auto Industry this is where cooperation has been improving for the benefit of both sides the European Chamber says this should serve as a model for other sectors. Earlier we spoke to your vote hes head of the European Union chamber of commerce in china and we asked him whether the continent was any closer to an investment deal with china. Well i mean we had many promises of we had baby steps and opening up what we really need is that deal is something that science it delivered something that is committing china i mean im talking about the Investment Agreement which will be discussed on monday between now im going to madeleine xi jinping in this china summit so the way yes we heard many words of opening up we call it sometimes problems for peak because they didnt really translate into actions right now to solve the other business stories making news. E. C. B. Had Christine Legarde gave stock markets and the euro boost and she forecast the euro zones coronavirus downturn will be less severe than feared the eurozone economy is likely to shrink by 8 percent this year euro is riding high to single currency hit 1. 19 against the greenback. French luxury goods conglomerate l v m h said that it would fall its own court case against u. S. Jeweler tiffany which is suing it to enforce a merger agreement signed last year l v m h had announced on wednesday it was unable to go ahead with its planned 16200000000. 00 purchase of tiffany. All right speaking of jewels its barely bigger than a lollipop but one of the worlds rarest diamonds is going up for auction next month and it could fetch as much as 12. 00 to 30000000. 00 a souther he says that the more than 100. 00 carat diamond a flawless white sparkler is the 2nd largest oval diamond of its kind to be auctioned jim goes on sale sell the bees in hong kong on october 5th or the largest ever oval diamond sold for a record breaking 30800000 dollars and 2013. Reisa get your beds ready thats it for us and the Business Team here in berlin as always you can find out more about these and other business stories online dot com slash business to check us out on facebook and twitter im Stephen Beardsley thanks for watching. Into the conflict zone with tim sebastian. China is roiling the west and youre a fellow of the us in many countries face pushing back on the fact issue a growing list of human rights goes through their homes new security like this is me from beijing is one cool yallop why is this country picking so many fights these days for. Conflicts off of. In 60 minutes phone d. W. Every day counts for us and for our planet. Moving ideas is on its way to bring you more conservation. How do we make city street. How can we protect habitats. We can make a difference to the ideas the environmental series included 3000. 00 on t. W. And on my. Skin that volume or thats hard and in the end this i mean youre not allowed to stay here anymore we will send you back. Are you familiar with this. With the smugglers one liners of. Whats your story ready. I mean when i was a women especially in victims of violence in terms of take part and send us your story you are trying all it is to understand this new culture. Are not even that are not the guests you want to. Become a citizen. In for migrants your platform for reliable information. This is d. To me as africa coming up on the program fears of a looming ecological disaster in east africa water levels are rising in kenyas Great Rift Valley now there are fears too small and lakes could merge threatening hundreds of wildlife species. And getting into a safe in its face every day for people commit suicide in kenya ill be talking to the senator working on a bill she hopes will save lives in the country. And im christine want to welcome to day to really nice africa its good to have your Company Rising water levels in lakes along kenyas Great Rift Valley have forced thousands of people from their homes now one of the lakes filled with unhealthy salty and Alkaline Water is swelling so much it threatens to contaminate a fresh water lake nearby lake by ringle and lake bell gloria used to be 20 kilometers apart but now theyre so close they could merge posing a further risk to wildlife for residents local businesses and farming communities the rising water levels have been devastating once a thriving holiday destination this hotel is now submerged under water. Memories over to left for her telly and james whose business has been all but destroyed event of the big this is all gone. We dont have to love men so much but actually i have to say it is painful to see the properties go. Its not just the buildings suffering from the rising water levels. Thousands of people have been displaced families are being forced off their land and losing their livelihoods. Well im not im going to go away when the rain started we did not expect the water to rise this much and get to our phones ive lost my grass farm which was my main source of income and ive lost my homestead too i now have to start all over again at new grounds for now i live with my son close by but even that we think the water will get to us conservationists a heavy rains have caused the lakes in the area to swell but theyre also filling up with soil washing into the water from the nearby hills where deforestation has closed to roshan lake the ring go provides Drinking Water and irrigates land for tens of thousands of people its expanded by 60 percent in the last 7 years and now it could be contaminated by the Alkaline Waters of nearby lake but korea its a particular threat for the wide variety of wildlife with birds fish and crocodiles living here. But local Charity Workers believe they could have an answer we do have a solution because to the north of us there is a low point in the. Geographic structure which could easily. Be that good can now come through and relieve some of this excess water which would in fact be a very good thing for the people down. Downstream as it were because they have no water. Its not clear if thats the time money or will to make that work in the meantime the water continues to rise. Its will Suicide Prevention day today and were putting a spotlight on kenya where on average 4 people take their lives every day now as is the case in many countries a large number of Mental Health problems remain and diagnosed and consequently unmanaged in kenya ill be talking to my guest about if its being undertaken by the government in this regard but 1st a suicide survive in kenya now on who has set up a studio and a safe space for young people going through a mental illness. Nearly 3 years ago jason brook not appear to be holding the perfect life but in reality he was battling some in a dim ones i fell into a pretty serious addiction alcohol addiction posttraumatic stress disorder so the depression the anxiety that followed from that was real. And i felt like you know my ideal life and the life that i was living with were 2 completely different different things. I knew who i wanted to be i knew the life that i wanted to made but i felt that i had no way of getting. And the feeling that almost led him to do the unthinkable was so i attempted to take my own life you know there was a feeling of hopelessness of feeling alone if i did reach out to anybody that would be a burden. So i really saw no way out. Like you jason changed his mind in the end but it has made his life mission to help others he has created his very own organization in kenya that not only supports artists and creatives but Mental Health users but also provides this is the space for them. When you find your way out of a burning building. Its human nature to want to help other people out of that building as well so thats why i set up that space to fight for as a way to show other people that its not hopeless. To double your choice to make more than 800000. 00 people die from sioux city every year in kenya its roughly 4 people taking the legs each day. Dr corinne deo dean who is a clinical psychologist and a psychotherapist says there can be more factors behind sue said than traditional depression so these issues of genetics issues that are cultural fact that weve got. So shell fact that youve got other risk sort of situation. Particularly now in the pandemic because you know what the thing to me does is its really been very detrimental to our mental. Still Mental Health remains a sensitive issue enough we can Society People dont come forward. The families will not come and tell it to whom to talk about it it is something thats held within our religious spaces within our cultural spaces and now that within the law and the policy its a sentiment just some she has when having lived in kenya for 2 decades. Theres nothing to be ashamed of nothing to feel guilty all thats normal and the more we put out through the movie normalize the narrative of mental illness. And talk more about Mental Health. The