the e.u. and the italian government were on collision course this week the conflict was showcased by an attack by a right wing italian m.e.p. symbolically trampling on connally commissioner pierre moscovici says notes the stunt came after the european commission took the unprecedented step of rejecting rome's draft budget because it increased government debt beyond the rules that respect they have to respect joint roles as all e.u. countries are done for ten years with policies that are left or right or elsewhere that holds us together in the eurozone but also because when all the problem is that rome proposes to borrow three times more fresh cash than promised by the previous government that could mean that italy's huge mountain of debt might become unsustainable the current debt level of more than one hundred thirty percent of

g.d.p. already exceeds e.u. limits since the summer the yield on ten year italian government bonds climbed from under two percent to three point five percent even repaying the interest could crush cash strapped italy. and the problem could get worse the european central bank says it wants to end its bond buying program in december another blow for italy. but the italian government insists it sticking to its spending plan. the italian large it has i steamed billion euros for investments. that will help young people. we want to not remove a single euro from this budget. then he is confident that brussels will back down the european commission has given italy three weeks to respond if it fails to revise the budget the e.u. could invoke a fine possibly sharpening the dispute. these

are some of the people who could benefit from italy's draft budget impoverish jobseekers the spending plan includes a basic income scheme for all citizens who are less than ten thousand euros a year and are looking for work but no one has explained to the officials at this job center in naples how exactly it will be regulated. by a single we've had meetings two or three times and labor minister luigi demaio asked us to present our difficulties. but the thing is every region has different problems and he didn't explain anything about the basic income scheme or how it will be implemented in the job center as. a bentley under the scheme benefits would rise to seven hundred eighty euros a month the government plans include investments to modernize job centers but many

regions just don't have the work only three percent of job seekers find employment with the help of the centers. in real life it was the same for my father he was signed up here for more than thirty years and never received a phone call never on him i wouldn't mind the basic income scheme it's claimed he would lift five million italians out of poverty to achieve that it only wants to add ten billion euros to its budget. that week so a number of high profile business is pulling out of an investment conference hosted by saudi arabia. the future investment initiative kicked. off in riyadh on tuesday but it was overshadowed by questions over the killing of journalist jamal khashoggi among the prestigious figures who decided not to attend were u.s. treasury secretary stephen munition i.m.f. chief christine legarde and the c.e.o. of germany's siemens joe qasr like kayser took his time before announcing he'd pull

out of the event allegations of saudi involvement in cruise ship chains death forced his hand. his events was one of several business giants that found themselves caught between more ality and profit companies that pulled out included j.p. morgan and ford exactly how many guests cancel this still unclear the organizers removed a list of plan speakers from their website of what i hope we value for school but others were happy to attend the three day meeting which promised major billion dollar deals. saudi arabia wants to diversify its economy and needs large scale investment for a range of new infrastructure projects job creation is another push factor one in three people under thirty in the kingdom are currently unemployed investors hadfield saudi crown prince mohammed bin sandman as a positive influence of the future after he lifted the ban on cinemas and allowed women to drive but now many companies are distancing themselves from the regime.

shares in german chemicals giant buyer tumbled after a court ruling in san francisco the u.s. judge are part of verdict which makes the company subsidiary monsanto liable for not warning a school gardener that its weed killer roundup could cause cancer but the court did slash damages from about two hundred ninety million dollars to seventy eight million. buyer acquired monsanto last year and is now likely to face a slew of lawsuits related to round ups health risks. dirty bank posted falling profits and revenues this week germany's biggest lender reported a sixty five percent decline in year on year profit for the third quarter with earnings coming in at just under two hundred thirty million euros the bank's asset management arm g.w.s. fell ten percent leading doj had to fire the division c.e.o.

did the u.s. shares traded a quarter down compared to their i.p.o. price in march. tesla is back in the black for the first time in two years the production ramp up for the model three saw the u.s. electric car maker post a net income of three hundred eleven million dollars in the last quarter coming shareholders nerves the launch of the model three had been delayed by technical and logistical problems tesla repeatedly failed to hit unrealistic production targets and deadline set by c.e.o. elon musk the new figures marked the carmakers best ever earnings since going public in two thousand and ten. the world's billionaires grew twenty percent richer and twenty seventeen and according to a report by u.b.s. and pricewaterhouse coopers there are more of them than ever before more than two thousand people around the globe have accumulated one billion dollars of wealth or

more together they're worth eight point nine trillion dollars north america remains home to the largest number of billionaires but second place goes to asia. china now has more than three hundred billionaires. most of them are intrapreneur is like jack ma he founded on line retailer ali baba two decades ago now the company has yearly revenues of more than thirty billion dollars. the e.u. is moving to counter the growing mountain of plastic waste on land and waterways europe currently recycles only a quarter of the twenty five million tons of plastic waste it produces annually now e.u. lawmakers say urgent action is needed if you need the. eight billion tons of plastic produced in less than sixty five years six billion tons of waste

a figure speak for themselves more than four billion tons for europe alone the oceans have become garbage dumps and they're dying. and every minute the equivalent of a truckload of plastic waste is added is slow decomposition means that it can stick around in the environment and damage marine life plastic straws for example get stuck in turtles are ways other products when it just it can kill seals and seabirds. the e.u. now wants to ban a range of single use plastic products the directive aims at banning certain single use plastic products where alternatives are readily available and affordable as it is the case for him but sticks bellows ticks cut the plates straws and still is where there is no real alternative material to plastics the directives goal is to significantly reduce the use this will apply to cups and lids food containers

and very light carrier bags but parliament must now hold talks with member states on the final rules to be adopted if they agree next year the legislation should go into effect by two thousand and twenty one that's. white sugar is new for many people in cuba the country currently doesn't have enough of the brownish local cane sugar and this importing refined beach sugar from france. is sure that it's now arriving is very sweet and it's not very different from cuban sugar the main difference is the color it's white or you know was a poor cuba sugar industry was once the flagship of the island's agricultural exports leader fidel castro cut sugar canes after the revolution to illustrate the plant's importance to the nation the soviet union used to buy most of cuba's sugar after the fall of communism in europe trade figures to windell as did investments

in seeds and fertilisers. more recently last year's hurricane devastated large parts of the country the subsequent harvest was one eighth of the size of that of nine hundred ninety yet. there's a lack of resources and a lack of money but i believe there are also structural and organizational factors . and most of what does get harvested has to be shipped abroad mostly to china due to longstanding contracts. to meet domestic demand forty thousand tons of french sugar have arrived in the second quarter alone. sugar is no longer cuba's lifeline instead tourism and remittances from emigrants now drives the island's economy. nearly one and a half billion dollars a massive lottery jackpot back in this week in the u.s. a ticket for the mega millions cost just two dollars hundreds of millions of

tickets were sold. anybody wants a chance to change their life. the chances were slim of course participants were about one hundred times more likely to die of shark bite than to win the prize but ahead of tuesday's draw they had license to dream and i don't know probably by a couple houses travel the world probably you know just enjoy life you know what i would do to be honest with you it's a little eccentric for well i would by. seven forty seven jet ok retired have a got out renovated have a very little home and on wednesday it was announced that the single winning ticket was purchased in south carolina the still on identified winner can choose to have one and a half billion dollars paid out in a lump sum or in installments over the next twenty nine years.

sometimes books are more exciting than real life. preparing to read. what if there's no escape. list. german street. climate change. least. pollution says. isn't it time for. africa people and projects that are changing our farm and for the better it's up to us to make a difference let's split. the environment magazine. on d w c.

also for the fall of power concious don't you think meter or you'll fall or thrive year from concentrated on then you'll see it's just like in a coal fired power plant to generate good look going to be. the energy in from efficiency can be improved also further by having my p.t.o. . function up even higher temperatures because that's a limited amount you can only cost and great so much all of our power before might be just beginning to melt. possibly the polar power to feel more expensive for some fuel spoke with the new technologies the whole basis of the price will be brought down. sunnis.