you're watching the w. news we still have a lot more to tell you about including a women are muscling their way into the male dominated taxi market in the kenyan capital of nairobi and a smartphone app is making it possible. all right i turn you over to ben for the day's business stories and i'll see you get at the top of the hour for now thanks so much for watching. frank food and help our international gateway to the best connection self in the road and rail. located in the heart of europe you are connected to the whole world . experience outstanding shopping and dining offers and trialling services. biala gassed at frankfurt airport managed by from.

one of the crowd and they will not succeed in dividing us so don't not succeed in taking the people off the streets because we're tired of the stick trying to show you. taking the stand global news that matters d. w. made for minds. at. some important news for the rich and famous watch out a u.k. is cracking down on its overseas tax havens. strong as steel clawed stands up to trump saying he won't be held hostage by the threat of tariffs. break that blows a hole in the e.u. budget member states will have to fork out more. and go power up the women of nairobi disrupt the taxi market with a new app. and then fizzle and let's do business it's two years since the panama

papers the data leak exposed the moki world above shore dealings the u.k. came under fire now it's finally taking action. it's overseas territories allow investors to braise money from the gaze of tax collectors but by the end of two thousand and twenty they may have to disclose the true owners of companies in the caribbean there are five such territories thousands of claim to have subsidiaries there but they're often nothing more than a mailbox for money laundering will tax avoidance the cayman islands the muda the british virgin islands. and once a rat well i put it to our financial correspondent will be bods that it'll be some time till the rules would come into force that's true if it's to be the end of twenty twenty that's more than two years from today's date but you have to leave it to the u.k. that if they've started on this and i think there are many people out there in the

world including many here in germany who were critical of all those people hiding money money laundering doing the illegal activities and talk savings and something like this would come about it all government action and government action with a certain bite to it but having said that a thread that there's opposition from the territories involved the cayman islands british virgin islands the premier of being very critical and also bermuda so you have to wonder will it actually happened there and if it happens there will the money goes someplace else there's a lot of money involved in this courting to the financial stability ports boards recent report alone cayman islands there's money stashed away there in shadow banks to the june of four point seven trillion dollars and while that's a lot of dirty money well thank you very much for covering that story for us from frankfurt there. european commission president jiang says he won't be held hostage

he's refusing to talk trade with the u.s. while it threatens the e.u. with tabs and if no deal is reached the task will be back on the table alast say now is the time for the european union to take decisive action the german government says it's julie noted the extension and expects the exemptions to become permanent here's what you had to say. to sort this we've taken note of the decision but i'd like to reiterate here the appeal for that exemption to be unconditional and permanent. calls. we believe that the measures taken by the u.s. can't be justified based on national security interests and that this should not happen between allies so we're calling plainly and simply for their withdrawal we shall continue our negotiations with the united states but we refused to negotiate under stress move official the negotiation. i picked up on the point of

national security with industry leader. well as far as c.w. cio is concerned i believe that this is of the gregory open issue. telling people that terrorists are necessary because of national security is to my mind not true and not right but that will be proven in the w o t o thing they will look at this but i don't agree that we are very very far from free trade agreements we have a discussion like that which was with oversized and overloaded and could not be finished in the obama area but now in the era of president trump i think we can we can tackle that thing and bring it to a successful and your organization warns that tariffs would torpedo transatlantic trade isn't that a bit over the top though considering we're talking about a very small percentage of g.d.p.

a very small tariff hike and a very selected sector. unfortunately if you have a discussion about tariffs the u.s. starts with steel products like that and then it begins to trun the wheels and tariffs discussed about the e.u. to put on american products and the u.s. is going to do the same so we don't know yaps where we will end up if tariffs go up from one to another week by bashing each other between us and the you solve in the end this can harm every kind of traits and also mechanical engineering as everybody else so we are very much in favor to stop all this by getting into serious talks about getting rid of all tariffs and this is only technique technically possible to do it in a free trade agreement ok thank you very much for your input tito board there and

optimists and a backer of free trade thank you very much for being on the. the european commission has a veiled an increased e.u. draft budget for twenty twenty one to twenty seven of close to one point three trillion euros getting countries to agree on contributing more won't be easy it includes huge spending hikes for defense and security twenty five billion to help countries introduce structural reforms needed to join the single currency and some cuts brussels wants to reduce the agricultural budget by five percent and it wants a mechanism to withhold funds from member states that don't respect the rule of law . brussels correspondent of diesel if briggs it is to blame for the planned budget boost is of course a for exit hole which is supposedly around between ten and twelve billion euros depending on how you count this plus of course there is the future and that is all

for all the european union says the e.u. commission are going to actually has sort of drafted this budget because he says europe has more to do in the future so we don't need only to fill the exit hole but we need money on top that's that's his main argument and he wants to spend it in particular secure the external borders of the european union for instance ten thousand new border guards an official so he wants to employ and he also wants to spend more money on research very important for the future and use programs and more money on migration so these are the big three issues and he says we also of course have to fix victor in that the european is growing at a rather healthy clip and on the other hand we have inflation so if you all sort of mix this up together you come out with a higher budget than the last one and to him of course all this seems totally

logical and reasonable well barbara he was but they want. they want of course always something else now this is really the opening of the great european carpet buzz are we have the maximum demand on the table and then what we're going to see in the next months and to maybe for more than a year as experience shows is a lot of hair tearing and table thumping and nightly negotiations and a lot of screaming and yelling because some countries already say no imports impossible francaise for instance to five percent cuts for their farmers so we can't do that the netherlands already say never in our lives are we going to put more money into the budget it's already unfair so this is just the beginning and we're just going to see a lot of strike struggle and a lot of fighting until we have this budget all the screaming and yelling over the

e.u. draft budget thank you very much bob. this is a small revolution happening on the streets of the kenyan capital nairobi men once dominated the taxi sector now women of muscling their way in things to write hailing app called little caps customers choose if they want a male or female driver. the new era is here and the stylish self-confident one at that and to kenya's female taxi drivers the little cabs app allows customers in nairobi to opt for a woman driver that's becoming increasingly popular so female cabbies are on the rice. with that said you know. you are very few who are like fifteen of love and the number has one hundred into one so far and also you are looking old to be more kenya's economy is expanding but the increase in wealth is

far from equally shed women still worse off than men. i meet the best. it's the best looking at more than just sitting at home asking for handouts from. anyone. else. and it was the easiest solution to make. the cabbies an around five hundred euros per month. depending on how many call outs they get the feature is a rating system too but for most it's having a woman at the way that counts. i'm more comfortable being driven by a woman than a man one i moved from animal friendly morrow is it talk to you it makes the ride more enjoyable. the job looks easy and than it is the women have to be strong and self-confident partly because many men still see driving as a male demanding harassment can be a problem to all vs the expected them to see

a very beautiful like me in these usenet obviously we live but it's much the get into it's very much you don't you want them you give them a one in this talk. there's also an s.o.s. back in the rack cases they need more support and one day these pioneers want to have their own fleet exclusively for women it's. a beautiful cabdrivers of kenya nice doing business with it.

conflicts. with this new conflict zone is going to be the sole new cap a so-called. joel shipley who sits in the you field fall of one photon who is governing feet as fall on a. prime minister viktor orban was reelected using rhetoric described as intimidating to know for. the next five g.w. on. earth

a home for saving global india's tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions by global ideas be embodied in a series of global three thousand on t.w. and online. every journey begins with the first step and every language of the first word which can be called nico he's in germany to learn german . business first why not move him. in simple online or in your old mile and hurry. to stuff. d w z e learning course week german may be easy. the quality of the white house. ground is shaking about the top of

your paper to. the point that took in. the entire country. sixty. one minds. this week conflict zone is in be as strong and capital to lead to meet george shipley in who sits in the european parliament for hunger is governing feed this party on april eighth prime minister viktor orban was reelected using rhetoric described as intimidating angsty in a phobic will that kind of nationalist vision decide the future of europe.