Berlin good to have you with us so here in germany Commuters Companies and politicians are grappling with yesterdays court ruling that opens the door to banning diesel cars from in a cities the move aims to lower harmful emissions and improve air quality but Small Businesses whose diesel powered utility vehicles are essential to keeping their operations running hoping for exceptions. The idea of small normally conjures up notions of bustling capitals but lynn is just one of seventy german cities notorious for breaking legal Air Pollution Limits could city Centers Across the country soon be no go areas for millions of cars. Over in frankfurt used car dealer marcelled l r ball is only too aware of the Diesel Problem his yard is full of cars waiting for buyers the main difference
between them one type sells well the other doesnt. As i mean any prize or the last year prices have been falling dramatically along with demand in some cases demand has fallen by ninety percent the prices have come a check and i reckon about twenty five percent. Whats happened today it means prices will go down again well have to see how things develop i think sales will come to a standstill. Thats and for i in fact stop it. Carmakers marketed diesels as the environmentally friendly choice they burn less fuel per mile and emit less Carbon Dioxide no wonder one in three cars on german roads is a diesel car owners rely on them to get to work businesses for regular deliveries. Manufacturers are confident a general ban on diesel cars will never materialise the car industry lobby group v d f a says even partial measures could be damaging. To. Now what chinese or asian markets expecting from dime a b. M. W. You name it. Yes exactly foreign automakers would do well to compete in the Chinese Market particularly the electric vehicles category and this is china is where a lot of people buy more people buy new vehicles than anywhere else in the world the dynasty by g. E. Underpins this but also at the same time points to the amount of immense pressure that the chinese are to me because i feel seem to be sixty innovative and remain competitive in the Chinese Market that being seat makers like ford and v. W. Have already formed joint ventures in china with factories being set up there even iran must himself has had its sights are has set his sights on building a factory then ok a day or i think somebody is calling you andrea hang joining us via skype from singapore thank you so much for this. Well its the first privatized
a bank receive from the government or from the taxpayers basically an amount of Thirteen Billion here also surveillance and g. s the flowers now go. Ninety five percent off the lender for just one billion so that sounds like a deal the president of the federal state office for courage time stated that for taxpayers its a rather bad day today right right in service to j. C. Flowers certainly get a bargain they what have they got planned to the bank while they want to reform the bank thats for sure they want to dramatically cut their costs and of course they want to have more influence here on the German Market already arise and now sirius is holding five percent of its bank shares so with this of course they get even more influence here on the market down here cope there in frankfurt thank you so much for this update and doj has agreed to pay another two hundred forty Million Dollars to settle a Two Thousand And Eleven lawsuit in the u. S. Accusing it of manipulating the library benchmark Interest Rate germanys biggest
bank is the third after citi group and barclays to resolve claims by investors including the city of baltimore and Yale University georgia denied any wrongdoing but settled to avoid the risks and to distraction of Litigation Georgia has already paid for billion dollars to resolve libel claims libel is used by banks to set rates on hundreds of trillions of dollars of transactions. Looming breaks it the struggle for a common Foreign Policy and persisting economic inequality the European Union has numerous internal struggles to deal with nevertheless countries still want to join the block the head of the European Commission is currently visiting countries like macedonia or serbia and montenegro south Eastern European nations that have been given the prospect of becoming e. U. Members one challenge they are facing is bringing their economies up to speed and thats something hard to do when many of the brightest minds prefer to leave. This is no simple change of address from Marina Stefano the twenty five year old isnt just moving down the road shes heading abroad to austria shes finished her training as a vascular surgeon now she wants to turn her qualification into money. First i want to write. From. Grads so they are free to come back when they finish my studies graduate marinas packing her portrait along with her german dictionary its a past Tens Of Thousands in the region of taking unable to find work at home they go abroad once working there they support their families back home their remittances are astoundingly high making up as much as ten percent of serbians g. D. P. Its similar in Neighboring Bosnia highly qualified young people are attending
that Swine Edina Reggie applied to the both me and labor agency for assistance to move abroad gemini is desperate for a nest is so now the qualified lawyer has trained to do that instead. In croatia many commemorate their departure in the bus station one in serbia the journey into a new life often starts by train south Eastern European countries on just losing a few young people losing pretty much an entire generation. Thats your Business Update for me and the team of thanks for keeping us company. Googling to goes tell stories of creative people and innovative projects around the world ideas the protect the climate and boost Green Energy Solutions to inspire people to take action global ideas on. Unimpeded access to education and knowledge and the same opportunities for every ones a central goal of the Global Community but whats the reality on the Ground Education for d w s multimedia special rates personal stories and highlights extraordinary projects the world told her to find out more on the internet d. W. Dot com education for all. Germany state by state. The most colorful
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