you know i think that it's a spectacular finals honestly because it brings together all the football the amateur side and the professional side often we have the tendency to divide them up and to oppose them but at this final there will be football with a capital that. they can exciting game for them to go and with that you're up to date on your news i'm sarah kelly in berlin thanks for watching i hope to see you against. a blessing. and a curse. the force of nature and in this scandal. monsoon. the tropical force mark. there the scene

comes. to some sort of. destruction. long soon starting to double. germany can expect a record amount of extra tax revenue in the next five years but don't expect too much company expanding says the german finance ministry we talked to an economist about the same zone nonsense off the german frugality also coming up german flagship carrier. a bumpy give the left it was profitable than ever but analysts warn of turbulence is ahead. welcome to do business and starting with the good news first. germany's flourishing economy keeps pumping money into state coffers

needing to much more tax revenue than previously forecast and now the bad news the finance ministry has warned against too high expectations for public spending as look at the numbers and official report to be released tomorrow suggests that german tax revenue will grow from its current level of six hundred seventy five billion euros to zero zero this keeps counting nine hundred billion euros in the year twenty twenty two that is the only more than what officials in berlin estimated last november germany's bulging coffers are impressive for sure but they could also fuel further debate on the distribution of government funding germany's e.u. partners are likely to criticize german frugality once more and the international monetary fund has made it clear on many occasions that it wants germany to spend more on infrastructure child care refugee integration as well as introducing income

tax cuts well earlier i spoke to fabienne lintner an economist working at the macro economic policy institute at once a burglar foundation which is close to the german federation of trade unions and i asked him why he joined me as european neighbors as well as the i.m.f. are so keen on berlin increasing public spending. it's because we have those huge export surpluses that means we export so much more than be impolitic and we need government to spend more money to create more domestic income and then part of that income will flow into imports and increase. and crees income abroad and this is something that really europe needs badly because a lot of countries are student crisis mode so this is one of the reasons of course in recent years we've heard that consumer spending in germany for one has increased significantly actually and to then you could actually government already agreed to increasing spending on education are indeed digitalisation on families agriculture mobility and of course defense so what's missing so they say they will increase

a lot but if you really look at the numbers it's not really so much what we've seen recently with a new budget coming out from the new finance minister we see even a slight decrease in infrastructure investment and infrastructure investment is really one of the most important things that we need at the moment our public infrastructure is falling apart and has been doing so for the last fifteen years and we even see a decrease in infrastructure spending and this is very sound we what we basically do is that we have high surpluses take surpluses but we don't use the money affectively to do something for our crumbling infrastructure so in terms of infrastructure because that is a recurring theme do you think that the government is taking a risk by not investing enough it absolutely is there's so much missing it's really schools are crumbling roads are crumbling this is bad for education this is bad for companies specially companies in rural areas a small medium companies the backbone of our economy who cannot transport the

products to the customers so also in terms of the digital networks in terms of energy networks we have a huge problem i want to about tax cuts income tax cuts corporate tax cuts perhaps something the i.m.f. is asking for so what we do have is this debt. breaking our constitution which basically prohibits us from running deficits this is and if we would cut taxes now we would have to creases and takes income which would make it even harder to increase spending on infrastructure so i would very much to spend more on infrastructure because this is really something that is worthwhile for the future of germany's economy now of course the finance ministry which turnaround as a look at all those challenges that we're facing right now breaks it nobody knows how that's going to play out then we have a possible trade dispute with the united states and so forth is now the right time perhaps to say for a rainy day. not really it's quite the opposite we have to think you know the

domestic economy because we're exporting so much and since we see a lot of danger to our exports from the u.s. why a break we need to strengthen our own domestic economy and by spending more on infrastructure we would expect that all right to that would be the advice to the german finance minister from fabienne lynn from homs book foundation thank you so much for being here today. well more passengers and more profits than ever before twenty seven thousand was of bump a year for. sea oil has plenty of good news he can share with the carriers shareholders today at the annual meeting but aviation experts say that the challenge for germany's flagship carrier will be to keep the good times rolling beyond the end of the year. look turns there is flying high on the back of its twenty seventeen annual report germany's leading airline carried more passengers than ever before and it defended its position as you were upset largest carrier

thanks to a higher income in its cargo logistics and maintenance units of terms is looking at the most profitable year in its history. the bottom line is that love turns us on their profits jumped by a third to almost two point four billion euros and its free cash flow which allows the airline to maintain its fleet and pay for new acquisitions almost doubled to two point two billion euros and that's cash left terms and needs thanks to millions in additional costs associated with acquiring parts of defunct air berlin love turns his numbers were also bolstered by lower than normal write offs last year that situation will likely change the airline is also likely to face turbulence in the form of increased competition in its long haul services and an image problem at its u.s. alliance partner united airlines. at another annual meeting shareholders in germany second biggest lender. to choose an entirely new supervisory board as its head to

close steps down off the hof a century with the bank collapse banks hopes to put a raft of problems behind it it's still reeling from the global financial crisis when it was saved by a government bailout and the german government still holds a stake but plans to start paying dividends again this year despite slumping earnings in a bid to boost its share price. and keeping an eye on the action in frankfurt for us is of course danielle colby danielle how is this a shareholder meeting coming along any any major news just yet. well during his last speech as the chairman of the supervisory board class peter must say that he feels that the lender is actually on the right track in his opinion call master and was able to gain more activity capital and at the same time was also able to decrease their pending lawsuits you also pointed out that the lender was able to

gain more customers in both the private and also the corporate banking sector but that is just one side of the story i would say commerce one is set to open their books on may fifteenth analysts fear that another loss of profits will be announced and they also want to share price to go up again during the last three months it's lost almost fifteen percent all right daniel there's another story that i'd like to discuss with you in just a short while don't go away because one of the biggest takeovers in the history of the pharmaceutical industry is about to roll out after months of negotiations taking over irish rival shire will make the ninth biggest pharmaceutical company in the world the deal is valued at sixty two billion u.s. dollars the most a japanese company has ever spent on overseas acquisition to get it is hoping to gain better access to the global market but some analysts are skeptical about the breathtaking amounts instigator is currently valued at just thirty three billion

dollars now there's a thought let's go back to daniel cope in frankfurt so how does this make a takeover going down with investors where you are. well they are divided on the one very positive thing if you that with this with this merger more synergies between the two companies will be possible and of course always very important for investors more cost cutting but yes you can hear some critical words as well as some feel that the merger could be too big too risky too expensive shyer shares were traded below the agreed price indicating that shareholders yeah they have some reservations the c.e.o. of the company viva who became by the way in two thousand and fifteen the first non japanese see all say that they are hoping to be a worldwide leader in providing targeted treatments and also he feels that with this they will have better access to the you as american markets so critical words but also some positive ones all right there from the front in stock exchange thank

you so much for this. u.s. president donald trump can't be pleased about this but since he took office in january last year china has sold considerably more goods to the united states than buys there's a despite the hefty tariffs trump plans to impose on chinese imports and the gap appears to be growing just look at our two shopping carts here in the first four months of twenty eighteen china's trade surplus grew to more than eighty billion dollars around nine billion more the same period last year. global travel is a trillion dollar industry and an important source of income for many developing countries but globe trotters are leaving a much bigger carbon footprint than previously thought a new study says tourism accounts for nearly eight percent of all greenhouse gas emissions and that figure is four times larger than previously estimated according to the journal nature climate change the biggest single contributor international travel scientist suggest state earthbound if possible and use public transport.

and last but not least a tiny welsh den in company he is the name has been swung to by orders from across the world after meghan markle visited cardiff with her fiance prince harry underneath that crow to the royal bride to be was sporting locally made jeans the world's media noticed now shoot them the company hopes the extra attention will allowed to expand to the company and hopes to bring back four hundred jobs which were lost when a large jeans factory closed down in two thousand and two. and that is your business update thanks for keeping me company. to move the to. cut . the tree

cutting cut. cut cut cut cut cut cut cut cut. her out to a there's a fine line between. them feeling not getting it she commits to a lot more on screen so live it to the level of our serious grief or sports the moment. the and. every journey begins with the first step and every language from the

first word published in the book. is in germany to learn german and why not learn something simple online on your mobile and subsequent d w z e learning course because german made easy. fold a muse i was mostly just lets go on some of the folds of the so called it was shut out of the british consul in kosovo so i had boxes. good. for people who put big dreams on the big screen. a mug. movie magazine fundi w. . is real seventy. two displaced admissions at odds over one homeland featured in our program. one rubbing on the cover of

friends agreed on peace but an assassin put an end to that train meant to returning to the history of the displaced people still funding for their homeland is real seventeen years may twelfth on d w all broadcast times online. either welcome to the show is what we've got in store for you today. top of the pops the standout acts in this week's nerving song contest. the top of his game austria's trial by stock fabio marks.