he also revealed that falling into the water was not a lot of fun the freezing conditions were one problem with the many. extra. you're watching news still to come brags it threatens to disrupt supply chains across europe we'll take a look at what could be at stake. that's coming right up with business. sometimes books are more exciting than real life. preparing to reach a. long haul. what if there's no ski. trigger list old german my street.

female candidates and it's a free for all. women all striving for power in the u.s. military next in the school. carried out under our can look to these women among. us on this pink way. and to meet some of the candidates this week d.w.t. . stuck in a break bog little progress at an e.u. summit in brussels the uncertainty to go to trade with the u.k. only grows the balls takes its toll on suppliers that just ticks companies and investors beyond right to the e.u. seeks asian support for free trade sticking it to u.s. president donald trump. and a report shows

a years long tax scam that so european banks drain billions of euros from national treasuries was the peak of them still. i mean for the women let's the business have critics call it a break that betrayal british prime minister three's may is considering a longer transition period for the u.k. the exit from the european union is the only potential piece of progress to come out of last night's summit in brussels well there are some argue it's a step backwards whatever the case the divorce has been taking its toll on business for a long time now. this forklift truck manufacturer in ireland is being forced to grapple with an especially weighty burden the fallout of bragg's it most of the six thousand forklift trucks produced annually by irish firm combi lived are sent to the u.k. but they've become more expensive for their british customers that's thanks to the

pound falling sharply in value against the euro since the break that referendum and that's bad for business we were forced to introduce a four point five percent increase this year because the contract some of the currency fluctuation but of course if if there's a no david scenario of course that's going to mean overlap increase our prices by another four point five percent after march two thousand and nineteen no brigs the deal that's the nightmare scenario most of the supply parts come from their british neighbor so a new deal gregg's it would suddenly mean customs duties border controls paperwork and delivery delays fed up with the uncertainty combi live has decided to increasingly avoid british suppliers the most prominent victim the seat for nearly two decades drivers sent in a british made seat but that now comes from germany. and the last thing any supplier wants to see is a story move business from them to source from all their markets like germany or in france if you look at politicians decisions can be left to the last minute but in

business we have to plan for the future and there's also the uncertainty over another major sticking point in bragg's of negotiations the issue of the irish border nearly ten percent of the company's employees come from british northern ireland the last thing we want to do is a hard border that's going to slow down the transit came over employees here and from work on to be an employee that works in our plan pay is a rich taxpayer shoshu security what is that going to be the future going forward or will that have to be paid in northern ireland there's no longer any try. that london and brussels will agree on a future without hard borders or customs and the consequences are increasingly apparent everyone suffers but especially britain brags it stands to ruin trade between europe and just one of its partners the u.k. stands to risk wrecking trade with twenty seven. despite what you hear all the time about global trade falling apart some countries

a coming closer together europe is strengthening its ties with asia the e.u. and singapore signing a new free trade agreement during the asean summit and the european commission has approved another free trade deal for the book this time with the have not. read a whole wine from spain look for cheese from france and parma ham from italy only three of nearly one hundred seventy products that will enjoy the same trademark protection in vietnam as they do in europe the new free trade deal with the outnumbered also by english all existing custom duties the european parliament and each of the e.u.'s twenty eight members must still approve the deal and some concerns about the political implications have been voiced but the e.u.'s trade commissioner understands there are severe problems regarding human rights in not nobody denies this we have talking openly about this with and you can use counterparts and the trade agreement will not of course make the economic

a fully fledged democracy overnight that to it is that one to. two looks that we have in our relations with vietnam and other countries a similar free trade pact has already been approved by e.u. member nations and singapore that what is scheduled to be side at a meeting in brussels on friday if the vietnam deal is also approved the e.u. will have free trade with two of its biggest partners in the group of nations. linda holmes joins us now from singapore i know these deals have been a long time in the making but how much of a concerted if it has there been by both sides in this last leg of negotiations to speed up the process as the u.s. makes trade hard. well bent the negotiations between singapore and the e.u. actually concluded in october twenty four teams now the f.d.a. hasn't been rectified because one of the top you call it if you went all the e.u. countries must rectify so there's actually been quite a bit of work in order to make sure that it's on track to come in force by twenty

nineteen so suppose singapore side was always been looking at free trade and trade liberalization so in that sense was always been would look at ways of how to facilitate and how to sign f.t.'s with countries and from different parts of the world so these are some of the things that we've been doing in the face of the empty rhetoric globalisation rhetoric but what sort of savings will these two deals bring business. well you know the removal of the straight tariff definitely makes things cheaper for a lot of the companies as well as. vietnam is also very much a trade manufactory it's also been making quite a bit of shoes a lot of products brand names tracking friends that we have seen so far so in actual fact there's actually been quite a bit off savings as well as for the businesses because they don't really have to

pay that much anymore it's also vietnam is also quite cheap as well in terms of labor so businesses can actually save up on labor costs for them just briefly the benefits for consumers i guess these companies if they're making savings passing on those are not passing on those costs to consumers. well you know some of the things that you can chew off a one in the street liberalization off alcohol in seven years wines and spirits will actually be living life in ten years we can actually see our treat calibers being liberalized and as i mentioned you know what you can also see quite a bit off good that consumers are so popular so popular at the consumerist that will be cheaper to them that they can enjoy and why the right things for consumers to enjoy since we have you know come x. came are accused of misleading the german government into thinking a stock had multiple owners on its dividend payday claiming refunds several times over the tax paid once on dividend payouts once again those under investigation of

the big banks among them the spanish then some day have a bank and people for hands upon it believed to have planned and executed trades that facilitated tax evasion of at least fifty five billion euros a scandal involves a lot more money and affects even more european countries than was previously for. over two frankfurt now for our financial correspondent ali just explain again how this scam actually worked. well to put it right it was fraud it was a scam it was basically stealing from the taxpayer and it involved collusion of many banks pension funds and traders working together and in some cases it also involved private clients wealthy clients who were willing to profit from investments that were clearly based on this and the investigations show that these

clients also said yes well we'll profit by that too so there were a number of participants and the stocks were paid only once on dividend payouts the tax was paid only once on dividend payouts but the stocks went around so there were multiple payouts of stock tax rebates collected and this was all pulled off around the day on around the day when the dividend was paid and part of the scheme that expanded the people that initiated the said hey german dividend time is limited to limited to early spring to late spring and then it's over let's take this to other countries where they're different times so that seems to be the origin of why there were so many countries involved and it went on for years all the help they get away with it. it's one thing is of course the ingenuity of people behind this were very talented high profile corporate lawyers who had

time and the means to study tax law understand it and discover the weaknesses and then said also that the stocks and the rebates changed hands so quickly that the authorities were unable at least initially to identify who was behind it one finds that hard to believe because everything already in the time that it's at play here was so well documented but you know time and time again when i talk to authorities or lawyers or traders about matters like this they say authorities are woefully. understaffed and they don't really have a kind of research and development department to enable them to equip them to get behind this thing in a timely way amazing this problem of understaffing you hear that at one company after the next only bots thank you very much for all that information. will take back older diesel cars in response to the growing number of diesel bans in

german cities as according to a report by german daily built german tommy plans to fight back and scrap all of its diesel cars in germany the current emissions that if it gets to the owners won't get the purchase price back they'll receive a credit of up to ten thousand euros towards what else in new v.w. companies have paid billions in fines in connection with the diesel get emissions cheat scheme. and i was doing business with you.

more. you're all maxed out. what is right for a document wrote a memoir so others this week on your own everything's different. celebrities are calling the shots. today it's all in fashion designer love me and be a jockey is in charge. of your room next.

forces are under pressure they're battling recruiting problems dated and broken down equipment and limited budgets. all the challenges a huge mess in misery no snuff planes transport helicopters. we're not enough tanks to have temptations that don't have tanks on the legs in his ation and modernization must eliminate trade loads so outsourcing and tribe which is asian are the order of the day in all areas but not composed dangers going to susie close finish finish we won the risk of becoming too dependent on private contractors who may not provide the services they promised talking and slicing every day that

a wall goes all the profit center businesses make more money with everything from reconnaissance drones to laundry facilities firms are people training the armed forces in france against germany. plays the jury industrial complex starts october twentieth on t.w. . cut. in rome has so many fascinating things to discover. the video conducting is near the famous spanish steps.