middle east has left the cartel since its founding. all right stephen beard we're we'll have that and all the business news coming up in just one minute and of course you can always said join us by going to w dot com also again at the top of the hour. the. interest rate waiting. waiting for a lifeline to syria. good morning where are you why aren't you answering. every call brings them closer together. at a time because they feel powerless to help.

they worry about the ones they flipped. that i'm trying to be strong on. the war continues to haunt those who fled from syria. because of. the war on my phone our two part documentary starts december eighth on t w. qatar is quitting opec the gulf state says it's out in january so how are markets reacting to this surprise move. and berlin announces more money to fight diesel pollution after carmakers have promoted it as a clean fuel for decades. and violent scenes from protests in france are beginning

to affect businesses there the tourism sector in particular feeling the brunt. this is business i'm stephen beardsley thanks for joining us the gulf state of qatar has announced it's leaving opec the influential cartel of oil producing nations it's been a member for almost six decades she says it wants to focus on developing its exports of liquefied natural gas but many analysts also see a political motive behind the move. as far as break ups go this one was abrupt and seemingly out of the blue here's how qatar's energy minister delivered the news that his country's fifty seven year membership of the world's most important group of oil producing nations was coming to an end the state of qatar has decided to withdraw its membership from the organization of petroleum exporting countries of pick effective january twenty nineteen this decision was communicated to operate this morning opec is made up of fifteen countries it was founded in one thousand

nine hundred sixty with the goal of helping members benefit from a steady rise in oil prices so just how big a role does it play globally not present opec nations hold almost eighty two percent of the world's reserves qatar by itself controls one point seven percent of the stockpile it might not sound significant but for a country of just two point seven million it punches above its way yes. the decision to withdraw from opec will enable the country to increase production outside if the cartels constraints but it's also being read as a slight to the group's leading member saudi arabia which last year instigation a boycott of qatar accusing us of supporting terrorists qatar's energy minister denies there's a political motive that has nothing to do with the. status of the opec if any. has to do is basically put

a request or decision to withdraw. next. guitars decision to leave opec may not cause major damage to the group but it certainly calls into question its reputation for pushing shared economic interests above politics and staying in the middle east peace talks on yemen are expected to take place this week raising hopes for an end to the nearly four year long conflict and boosting the local currency that can't come soon enough tens of thousands of you many have already died from hunger and malnutrition and not just from a lack of food rather sky high prices. startling pictures from a country on the brink of famine the shelves are packed with groceries at this supermarket. but for many in the war torn country the goods are an affordable.

we're suffering from the fluctuating exchange rate and we call on the united nations to end this war and provide dollars to the central bank so that traders can pay for imports told that. the war has destroyed what little arable land yemen once had the country now depends entirely on imports and those became expensive as the suffered from depreciation against other currencies before the war one hundred were worth almost half a dollar for about three years the currency steadily lost in value and finally plummeted in october of twenty eighteen for the last two weeks now that the other was trading higher on the black market it remains to be seen if the currency can stabilize at that level. the humanitarian situation in yemen could be improved by managing the exchange rate between the reality the dollar but there is blatant market manipulation by the saudi and the m.e.

roddie side at the same time they have not been any economic reforms the production of oil and natural gas has not resumed and international aid has not returned all said and economic war is being waged against the yemeni people who thought one hundred seventy. yemen central bank has become part of the problem and twenty sixteen the saudi led coalition moved the central bank from the rebel held city of sanaa to odan in the south the saudis gave the bank two billion u.s. dollars it didn't help the country as most of the businesses and population was cut off from the cash supply reorganizing yemen's monetary system will form a central part of any peace negotiations. germany's government. says it will pump nearly one billion extra euros into the fight against. chancellor merkel saying that funding will help eunice apologies tackle pollution from diesel cars for government wants to avoid more cities adopting bans on older diesel powered

vehicles. the german government is under pressure to prevent the thousands of premature deaths diesel fumes are alleged to cause each year now chancellor angela merkel has announced a boost for plans to improve quality in german cities. instead of one billion it'll be one point five billion and on top of that the government will provide another four hundred thirty two million euros for retrofitting smaller trucks. to fall the knuckles government has been struggling to deal with the fallout from the auto industry's diesel gates emissions cheating scandal however a string of course imposed diesel bans for some in a cities has now prompted some swift responses like the new funding the bans have outraged diesel drivers so is throwing an extra billion euros out the diesel emissions problem enough. of. the financial subsidies for

municipal buses only impact about seven percent of the end though to emissions the majority of the missions are of course generated by cars. no modern. city mayors and local authorities want copper juices to be held more accountable to offer trade and bonuses for baez of new cars and to retrofit older vehicles they say they're not responsible for the diesel dilemma right now they're having to bear the costs and the inconvenience. and let's dive a little deeper into this story with paul chris young brits our financial correspondent in frankfurt paul a hefty amount of taxpayer money going into this problem that was essentially created by car companies or german auto makers really getting off this easily here . yeah it sure does look like it for over

a million and diesel owners private diesel owners also who won't be able to drive into cities such as frankfurt here or berlin bonn hamburg guard and there still isn't a solution from the side of carmakers that will really tackle this problem one of the possible solutions that carmakers like is replacing older cars buy new cars with trade in incentives that of course means they will sell more cars the other retrofitting older vehicles. problems one is that the technology isn't ready yet and it's certainly not ready to be certified by the government and actually approved and the second one is that carmakers aren't very happy about their solution some have outright said they were not supported like b.m.w. and others like folks not in settle they'll only take part and pays in a row if you're. one of those you know let's look at actually one of those car makers briefly while we have time volkswagen l signaling that the fallout from the

scandals is affecting them or what he tells briefly about the. folks are going. head of compliance just said that it's actually going to face the worst year ever in twenty nineteen the company has already paid twenty eight billion dollars in fines but the problem isn't so much the amount it's that there are cases in over fifty countries that the company faces just here in germany there is now a new class action lawsuit against the company that will be difficult to to unravel ok so obviously car companies thinking that they're already paying a lot there. or is in frankfurt thank you. it's been three weeks since protesters known as yellow vests took to the streets of paris so far neither day nor the government have backed down the unrest is now having real effects on the country's economy. both patience and fuel in short supply in

france as the so-called yellow vest protests continue. gas stations in britain have started to run dry as protesters block the deliveries. and in paris ambulance workers join the strikes. the accused the government of president on manual mccall of ignoring their demands. on the mall. in ramallah in fact it says we absolutely must be heard there's just. a government complains about not getting in clear demands but when they have spokespeople to talk to and clear demands they don't do anything and that cannot continue to. be at times violent protests started over a planned hike in fuel taxes and have morphed into a larger critique of mccall's economic policy which protesters claim disproportionately favors the rich. and the unrest is having a real effect on the country's economy. so you would you they would hold

recruitment back i can tell you today that this impact continues to be serious. since we now see a decline in business turnover of fifteen to twenty five percent depending on which sector. he saw. the images of violence and destruction are already hitting france's tourism business as a visitor's cancel their plans. and that's it for business stay with more news at the top the hour i'm stephen beard thanks for watching.

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the benefit of. songs to sing along to download it is to come from soup. to. have varied courses into active exercise is the hard thing about that detail when you don't come in slashdot actually on facebook in the app store. gem and so free with delphine. welcome to tomorrow today the science show on d w here's what's coming up if humans colonize the moon or mars they'll have to grow their own food scientists are working in antarctica. secret says protect codes but the un would submit.