he's known locally as you'll know pokie literally christmas goat. at the. u.s. president donald trump has praised his tax reform as a christmas present for all americans. the package slashes taxes by a total of one point five trillion dollars because of what we did it's the largest i always say the most massive but it's the largest tax cut in the history of our country and the reform but tax cuts. really something special. the bill was passed by a majority in the house in the senate the core of the five hundred pages long is a massive tax cut for businesses from the previous thirty five percent rate to twenty one percent. most of the remaining taxpayers are

set to receive some kind of tax break as well but that could aggravate the country's deficit according to opponents. the republicans maintain that the reform will finance itself by stimulating the economy no credible outside analysis has found this to be true at best what many analyses show is that we would see an initial bump of growth and twenty thousand and twenty nine thousand but after that it would start to falter. outside the u.s. strums tax reform is considered to be a double edge sword. some fear it could cause a worldwide race to lower corporate taxes in germany the corporate tax rate is thirty percent and that's nine percent higher than it will be in the united states and that could animate companies to move their businesses there. pinus must of one thing trump is certainly successful that is stimulating the american economy and if

he pushes through massive tax cuts in the us that will lead to german companies investing their. in this to you and as a result profits and jobs could shift to the us as well america first trumps favorite slogan is getting a boost from the new tax reform package. bitcoin the world's most popular crypto currency has been extremely volatile in recent weeks gaining and losing value rapidly. and it's almost a minor affront just one street away from singapore's financial authority an opponent of digital money cafe has opened where customers pay only with crypto currency. we just want to make sure that people understand that of the currency second to stay i don't think they that it is a question the way technology develops and goes right now. no doubt about that

development rep it so far the cafe has been flourishing people there don't just pay for drinks and snacks with bitcoin they can also use the cafes own currency known as the dukakis which is also the name of the cafe. still experts warn that crypto currencies are very volatile bitcoin for example lost a quarter of its value now only worth around eleven thousand five hundred dollars it's a problem for investors some experts see the trend soon coming to an end. the second one will be when we don't like more progress on connecting it with the retail world so if you can't spend critical counties or if you can't redeem them for cash if you can't get rid of them back as cash. people are going to lose interest and when that happens the heat will come out of the market and people will move on to to other things and that's when we'll see that crash come. but the owners of cafe du qantas

are not so sure about that quite the contrary they soon want to expand opening cafes hotels and travel agencies where you can only paid with digital money. lifton's us saw an opportunity in the demise of its one time rival with air berlin's bust the flagship carrier could now take on new routes as well as the aircraft and employees to service them. it originally proposed a takeover that included two air berlin subsidiaries yet that plan sparked e.u. concerns over competition. lufthansa responded last week with a more modest proposal dropping the purchase of austrian flyer nikky all together and instead of the original eighty one aircraft it wanted to buy it would now buy just sixty. a green light from brussels raises other questions first among them who will buy airline nikky which remains insolvent there

are already a number of interested buyers including the original owner former austrian racing car driver niki lauda yet another decision for a turbulent european airline market. the greek parliament has approved its twenty eight thousand budget according to prime minister alexis see for us it will be the last one written within the confines of the country's financial bailout program greece has been staving off bankruptcy since twenty ten with the help of loans from its fellow eurozone members and the international monetary fund its current bailout of eighty six billion euros expires in august. the us administration in washington has blamed north korea for the wanna cry ransomware attack that infected hundreds of thousands of computers worldwide hospitals trains

and carmakers were affected by the attack as well as spain's telefonica and the russian interior ministry hackers demanded a ransom payable in the crypto currency bitcoin to release locked databases. amazon has only thirteen brick and mortar bookstores in the united states but it's already planning to roll them out internationally german media reports that the head of amazon germany says amazon street stores are slated for global expansion and germany is one of the countries that will participate in the rollout. the company behind humphrey bogart for dora in casablanca and harrison ford's headgear in the indiana jones movies is bankrupt union officials say a court has thrown out a rescue plan for the italian hatmaker borsellino and put the company into administration and investment fund took control of the struggling hundred two years

ago but its efforts to save the company have failed. ek is known across the globe for its practical and inexpensive home furnishings. the company also strives to have a low tax bill and the european commission believes he took advantage of questionable tax loopholes in the netherlands. we have concerns that. tax rulings from two thousand and six and two thousand and eleven may have allowed enter ikea to pay less tax and given them an unfair advantage compared to other companies subject to the same national taxation rules and the netherlands which would if confirmed to be and reaches your state rules the alleged tax avoidance model apparently allowed the furniture giant to pay little or even no taxes during some years but insists that it stank steals in the netherlands did not breach e.u.

laws. the debate over e.u. tax havens isn't new the netherlands ireland and luxemburg are among the countries attracting multinationals with favorable tax models. apple and starbucks are among the big names taking advantage of such tax schemes the european commission has now launched an in-depth investigation into ek as tax deals in the netherlands if the allegations of irregularities are confirmed ek it could be hit with a large bill for back taxes. in argentina unions and opposition members protested against the pension reform near the parliament around one hundred fifty were injured in clashes with police the demonstrators fear the reform will leave millions impoverished. function i'm against the politics of president mockery i do not consider him my president because i didn't vote for him i said this was going to happen i was fighting against this during the crisis in two thousand and

one. we had established freedom in this country we lived a good life but in two years we went into debt and it affected our lifestyle now i'm in my late sixty's fighting on the streets for my children and grand daughter so they'll live well in the future as things are now you cannot live like this. any . president mary c. omac reason administration hopes the pension reform will reduce the country's massive deficit the overhaul is expected to see the government almost five billion euros. in the future pensions will rise more slowly and the retirement age will be raised to seventy from the current sixty five for men women who retire at sixty three instead of sixty. when johana vite comp lifts the baton she lead sixty accountants engineers an i.t.

specialists they have all swapped their computers for cellos violins flutes and bassoons they are the s a p orchestra maybe not as well known as the company's corporate software products but an important part of the business none the less. zero vehicle so it's a talk and a company that wants to advance and be successful it's very important that people are in harmony with each other that they're able to work in a team and cooperate. with there's no activity in the world where you have to react so quickly to each other and work together so well as in an orchestra. i'm accustomed that's because musicians have to depend on each other to achieve that perfect harmony they have to listen to each other respond at the right time and be well trained and prepared. gives you an essence of

the. sense that you have to practice if you want to get false right. it also like teaches you that you cannot wait until the last. s.a.p and schubert bosh and ah yes the german auto parts maker has its own orchestra too in fact many of germany's largest corporations are tuned in among them with tons of siemens chemical firm b.s.f. and all the auto makers dime learned b.m.w. and folks wagons out. in the end it's in the german d.n.a. it's not unusual for people in germany to play musical instruments all those people who play an instrument are organized within the german music federation which has nine million members more than the german football association and. that should make sure there's enough musicians for generations of company orchestras keeping the economy in tune.

my first bicycle was a sewing machine. where i come from women are balanced by this motion towards something as simple as learning how to write them by side isn't and. since i was a little girl i wanted to have both by cycle of my home and it took me years to months may have. finally been gave up invented by me and i said this but returns with the sewing machine sewing i suppose was more apt procreates burgos than writing i'm biased as knowledge i want to meet those women back home who are balanced by their duties and social norms and inform them of oded basic rights my name is the about of the home and i wore hats see them.

every journey begins with the first step and everyone reaches the first word who is beneath the cohesive germany to fund german. business first why not the loom. in simple online on your mobile and free. to suffer. t w z e learning course the cool street journal maybe see. me. as a doctor what kind of diseases can be seen as a sports reporter so what are the simpler disputes side of the year and we're going to some time. draws on a wealth of insights totally different experts in the coal fields of medicine the world. in good shape.