and with that you're up to date on t.w. news i'm sarah kelly in berlin thank you so much for watching don't forget you can get the very latest on our website or on social media after a short break there's more with their heart offers. to. easynews. where i come from we have to fly for a free press and was born and raised to me telling the painter she protests want to be shot now and if your newspapers when official information as attorneys i have worked on the street for many characters and their problems are always the same

point to social inequality a lack of the freedom of the press. coverage we can afford to stay silent when it comes to the fans if you don't listen see their microphones who have decided to put their trust in us. my name is jim morrison and i work. as c.e.o. of siemens joke a is a phrase is this the saudis vision of a high tech future knowledge is losing a twenty billion euro contract that after he'd been killing off the saudi journalist says business as usual is no longer an option. and mysterious towers are cropping up all over hungary and nobody knows why but why is the one

gary in government trying to silence journalists to ask about. this is the business. siemens has posted its fourth quarter figures on thursday duster electronics medical equipment trains and power plants as represent as almost everywhere in the world which makes the company vulnerable to geopolitical risks by trade wars or economic sanctions according to the past fiscal year has been a mixed bag of success and failure for the company. siemens is no longer profits. from its power plant division in fact it's started to lose money thousands of jobs have been slashed the power and gas branch is being restructured which is expensive and says de siemens announced a forty six percent slump in fourth quarter profits our own gas just by doing the power and gas market is very challenging the skipper there are structural over

capacities and aggressive competition which creates a lot of pricing pressure especially for the big gas turbines. other divisions perform much better at around eighty three pillion year ice sales this fiscal year was slightly up on last year now profits also increased despite the crisis in the power plant crunch siemens expects this up with trend to continue despite the ongoing geopolitical risks which could have ramifications for a company like siemens. earlier today i spoke to the men c.e.o. joke about just that the geopolitical risks asked him first if his decision to pull out of an investor conference in saudi arabia did indeed cost simmons a twenty billion dollars deal with the saudis the fact is that we did not sign a significant deal which was worth north of twenty billion that's true but obviously you know. things go as they go and i've always made it clear we had

a very reliable partner competent partner of the kingdom of saudi arabia we have more than thirty million people mostly young people in the kingdom there's been a lot of reforms which have been initiated so i think we need to look at all factors the things which really really well in the kingdom the russian trade the city is a very very promising. vision and such a concept going forward so there is a lot of cool things for there also have been dark things and i mean let's face it with the way what we have seen and heard about what happened in turkey is just not something we just move on to ordinary course of business with the kind of experience either trust is this is what the what the kingdom has promised to do and will rule see how it goes. staying in in the in the regions even it was also in the

running for thirteen billion dollars infrastructure project to electrify iraq again there are reports you lost that deal or parts of it at least to general electric after don't trump intervened can you confirm that. a lot of stories being written about this topic the fact of the matter is that stevens has had a very very comprehensive compelling concept not just about rebuilding iraq in terms of electrification but also help the country in training in education with the dual apprenticeship program of the german industry we also promised to help the people in the freed up so for basic health care so there was a very comprehensive concept which reached the government that the customer liked a lot they had overstayed as been. unusual special forces have been intervening maybe out of good reasons that's not my churchmen and to make

on the other hand look i mean she even says in the united states it was almost sixty thousand people creating another one hundred fifty thousand in direct jobs so we are a massive economic force in the country we are training people there we do revenues of more than twenty billion dollars so we are first and foremost also an american company which i believe deserves respect and a level playing field we are actually asking for it we're going to talk you know mr k.'s are talking about the u.s. and the e.u. being very strong there how much money will the iran sanctions cost you for a while down some of your business that you. well. the after the after the implementation dave years ago we have been studying opus li our contacts and. with our customers in iran now it's

a unilateral move from the united states to to bail out of. the agreement we obviously need to see what that is you know respecting the sanctions we are very very very clear on that matter and that's exactly what we do i mean obviously it is unfortunate that there was a unilateral bailout of the agreement but it is what it is we need to deal with it and we are going to deal with it that that's exactly what we do and look at the economic impact is not really relevant to siemens as the money goes and much more concerned about a further let's say escalation on the on the conflict in the middle east which is the last place we see to it another conflict even c.e.o. joe case i thank you very much for joining us. trade in china appears to be roaring ahead in spite of a drawn out trade conflict with the united states official figures suggest exports

last month were up nearly sixteen percent over last year and imports jumped even higher the u.s. has imposed tariffs on half of all chinese goods but this is been offset by a decline in the. demand for chinese products remain high and its trade just continues to grow. some song has unveiled its next big thing a foldable phone company gave the first glimpse of the developers conference in san francisco on programmers to start writing apps for the product which does not yet have launched eight some so we didn't want to give too much away about the device and dimmed the lights to disguise elements of the design but unfolded the device resembles a seven point three inch tablet some so has been competing with other brands like wired to present to devise first however they were upstaged a week ago when little known startup royal unveiled a foldable phone. for profit news corp's one of the world's biggest media

groups jumped by almost fifty percent to one hundred twenty eight million dollars in the last quarter used owns the wall street journal and the new york post in the u.s. the times of the sun in britain and many other papers digitals a private no make up more than half of the total subscriber base. mysterious wooden towers are cropping up across hungry and nobody knows what they're good for but they have been built nonetheless garion government is trying to silence journalists who asked too many uncomfortable questions and he corruption activists suspect the towers are just another example of what they say is a regular practice of stealing money from the european union. a citizen's initiative is collecting signatures in budapest. they're petitioning for a european public prosecutor. the hunger in government is still refusing to accept independent investigations from brussels but the pressure is growing with every

signature. doing this because the e.u. money and hungry that's stolen. and there's no institution in hungary to deal with this case is a fraud we say lasik appellate yeah. look at this and i get that i support a european public prosecutor. who without one of these thieves will live their whole lives never being brought to justice. in the village of to quote the european anti fraud office olaf is already investigating and e.u. project is thought to have been declared far more expensive than it was eleven wooden towers were erected using e.u. money at seventy thousand euros per tower they were apparently built to promote tourism but there's no hotel or restaurant in sight hardly anyone in the village will speak to us than someone who agrees but wants to remain anonymous the towers

are of no use to anyone here he tells us people just made money off them people who initiated the project. it seems to have set a precedent a total of one hundred eleven similar structures have sprung up across hungry the journalist who uncovered the case has been blacklisted by the hungary and government. behavior of my past that the initiative to build the towers came from a group of villagers everyone involved received around twelve thousand euros but the pool of forrester also got a considerable sum for construction costs and the rest went to an employee in the ministry like. hungary is sinking further into a pic of corruption the organization transparency international ranks hungry at number sixty six tied with senegal. the money pouring in from brussels is only making the problem worse according to variety by

a large from independent think tank budapest institute. and the utopian agency all of that is in charge of setting this question is on demand so they only look at the few projects and the band they actually tell us that that was a nice you was that happens six or seven eight years after the fact. according to the petitioners a european public prosecutor would be more efficient they want to collect one million signatures at the moment they have twenty five thousand. and that's it from me and the business team has that for you in the next stop in the meantime to check facebook feeds on our website studio dot com slash business thank you for shooting in.

a dangerous legacy lurks in these. old munitions from the first and second world wars. every day in northwestern belgium farmers find grenades many of which are still in tension explosives going to and every day a special unit goes out to collect and defuse these deadly weapons going to.

next winter after a year in the hall from power in the french president emanuel is getting more and more unpopular nothing he does seems to stop the slide my guest here in london is the french m.p. our. xander holroyd a member of the president's all mushed party he has a seat on the parliament's finance committee how can the president boost to the image head of crucial elections to the europeans haldeman's next year. surely time moves from africa to the world join us on facebook. for.

time for an upgrade. our furniture buy. a house with. design highlights you can make yourself. trends tips and tricks that will turn your home to special. upgrade yourself with d w's interior design channel on you tube. oh and a very warm welcome indeed to focus on europe with me peter craven and across europe people have been commemorating the end of the first world war one hundred years ago on november the eleventh one thousand nine hundred eighty known by some as the

great too.