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 anoth
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 don t 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
if we don t just want to meet demand from the european car industry we also want to export globally 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 e.u. subsidies for cross border but 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.