five years time things will really have changed and this will be considered something of the past all right our film critic us got rocks for us thank you very much scott. you're watching the news still to come live reports are coming from france that the european aerospace consortium airboats could cut thousands of jobs across europe. helena has that story coming right up and doesn't. look. like. the d.w. media center seen it find it here it discovered. video and audio podcast to language courses in the d.w. media center at media center dot d.w. dot com. earth home to real names of species the

home worth saving. google ideas tell stories of creative people and innovative projects around the world by deals that protect the climate boost clean energy solutions and reforestation. using interactive content to inspire people to take action over a global one to those the multimedia environments series on to w. . did someone addicted at a trade war the u.s. secretary of commerce defends the plan to introduce protective tire x. but dismisses threats from europe to respond in kind. also coming up a hung parliament in italy spells maki tom says until we take a look at what it means for the country's economy. and prepare for tough units

reports that the european aerospace consortium advice could cut thousands of jobs across europe. this is your business update i'm headed home free in berlin glad you could join me asian markets fell at the start of the week in the wake of further threats from u.s. president donald trump to slap tariffs on imports of steel and other minion threats which continue to feed concerns of a global trade war commerce secretary wilbur ross defended the president's decision on u.s. television saying trump does not plan any exemptions to the tariffs ross also said threats from europe of retaliate tariffs on american products were in significant and from an accounting point if you would only amount to a rounding error. well president trumps trade threats could certainly hit europe where it hurts he said he'd add tariffs on european car imports now if the europeans decide to slap import tariffs on u.s. goods that would be the response that would heat car export giant germany

particularly hard carmakers of course already warning over what could be a catastrophe v.w. subsidiaries we and porsche would be hardest hit by those moves on like fox fog and b.m.w. and dime they who have their own factories in the united states now last year german automakers exported always hoff a million calls to the united states a little while ago i spoke to a financial correspondent we bought from frankfurt and i also asked him whether based specter off a trade war was playing out on the financial sock exchange here's what he told me. when you look at frankfurt for example you can't really look because. the market barometer has been recovered. where it was. but now most share prices are gaining the market has gotten over the worst the drag the market

price but the procedures are certainly. against the turn of the general market losing they were covered were pulling it were moving at the beginning of the game but they're still feeling it because it's probably unclear from. their. what you mentioned. going to be. posted on the good side of the car company will. be german. one detail that's probably a bit different the brotherhood still in the young so i think investors looking to her to her. right thanks. how do your voters have handed the country. over the weekend with big dogs from the left and right record companies founders in the land find out what they say to make that business . he's a man with

a mission. to store mateo esposito makes software that allows supermarkets to go online in three d. his technology is a world market leader it's just that not many know about it and that's partly to do with where he is. only when you're talking about food fish and design or he's ok when you're talking about technology. is different he also says the internet is still far too slow in many italian regions just like the country's spear ocracy but no one's taking the initiative to change things here the taxation is high and difficult to to raise funding since so maybe counties that are more profitable and more of them more easy. in the world bank's doing business index italy ranks lower than romania but some hope to change that especially in

milan the country's commercial center it's the home of one of europe's biggest digital asset management companies money farm founder paolo galavanting hails the labor market reforms of recent years he says his city is leading the way when it comes to showing italy how to leave its economic malaise behind. has become more kind of an example the rest of the trying to copy and move in that direction so. i perceive me. as a more as a leader rather than back by the overall situation that overall situation is still very difficult italy's economy is growing slightly again but the people aren't feeling it more than ten percent of italian still have no job millions live in poverty there's deep rooted anger at the italian establishment. but gelfand he says he hasn't given up on italy even if it has

a lot of catching up to do the united states i can have. him cranky four hours have i can have a yes or no or in two days and here maybe i take weeks or months so i see this gap . but i don't feel stuck in the here i'm proud to be here it may be a bumpy road ahead but more and more italian is now say they want things to change . so we can speak to her to now an economist and the director of the german economic institute in cologne michel the economy was a key battleground in campaigning no outright winner how damaging could a hung parliament and the uncertainty that brings be to the italian economy. it's really remarkable burden for the italian economy because as outlined and described in the video in the film there's a need for reform a neutral structural reform and democracy in the new tickle system they did

a lot in labor markets in the last years but as mentioned already the unemployment ratio is about ten percent the overall debt ratio is above one hundred thirty percent so italy's in a bad shape still ten years or nearly ten years after crisis and eight years of the beginning of the financial crisis in the eurozone and compare it really for examples portugal and spain they really were able to manage the turnaround in italy we wait for and it says a lot of to do with the uncertainty from the political system so what are some of the first tasks then that a new government would need to get to grips with then who has the best chances. now they have to stop with the we form of state activity and it's mr chief qualities to read and to to organize a better system not so better practic make it easier and higher speed for decision the second this i have to start as a medium term plan on the reduction of the deficit they have to come down with the

overall debt ratio at least for twenty percentage points in the next five years and they should make clear that will open up the system all the time but it only started to open up the system at its core the claiborne market they've been more successful than before so this is the outline proposal for reform of the agenda is this next campaign experience you mentioned that high deficit national debt is very high banks is saddled with bad loans as well all that contagion risks for the eurozone. yes if you are one of the more important the most important risk for the eurozone it's not located just know in greece it's a located in italy does it banking systems they started too late to clean up the balance sheets of the banks so they're very keen on this and again compadre is island for example that a lot to do and they started too late and know we have this this discussion in which governments they will able to stop this very tough job and very briefly what does this mean then for you find out childre form with the uncertainty that

initially yeah that mean that they want hand we have to decide about the medium term financial plans of its next seven year plan i think it will evolve and able to pay more seriously they will ask for subsidies ever asked for support and this would be more controversial than with a more central based government here and who to economist and director of the german economic institute in cologne thank you you know like a. well could jump cuts the india at the european plane maker and bus a french magazine reports the group could shed some three thousand six hundred jobs they soft at us admitted to its highest profile projects unlikely to ever make money says job cuts would be the worst case scenario. airbus calls rumors of job cuts excessive reporting but it says senior management will meet with

its european works council on women stay and what they will be talking about is the company's two biggest money losers. one of them is the eighty three eighty hopes were high when it first took to the skies twelve years ago the double decker plane had room for six hundred people and was designed to be stretched to fit even more but now the super jumbo is a white elephant too big for most airports and too gas guzzling for most airlines only a small order from its biggest customer emirates kept the sun from setting on the big bird this year airbus will build just twelve and in two thousand and nineteen only eight and then there's the a four hundred m. atlas the military transporter has suffered years of delays cost overruns and technical problems and like the a three eighty airbus is planning to slow down production last month it wrote off one point three billion euros connected to the plane. airbus says its other successes like the updated a three twenty series

aren't enough to compensate for these problems so the company's workforce will have a tense wait until they hear its plans some time after weapons day. a board member of the s.m. base energy company energy's been seriously injured after an acid attack this weekend ne his home outside of just slid off about how to go into iss energy's board member in charge of finances and he's reportedly not in a critical condition and where to figure it out remains unclear police are investigating the speculation the attack could be related to the expansion of brown coal mining activities of on which owns energy. if you're up to date right now here's a look. at going to. review

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grow. up with. next to w. . his productions have achieved cold status. comes from his energy is contagious. by director barry kosky are setting new standards steve forbes who is the man behind these my own masterpieces. oh sixty minutes oh. oh. we've been fighting for this case to take you seriously in the world oh boy here's what's coming up women's talk. superheroes. smart smart state religion brain creasing means dangerous time. for my. peeps.

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