teaming up to take on trump v.w. floats a second u.s. factory and a possible ford tire out the commons come as german call makers defend their u.s. interests at the white house will it be enough to see the u.s. president drop threatened tyrus against european carmakers. germany may have self driving subway cars but it's got a lot of catching up to do when it comes to artificial intelligence. this is your business update on how the home frame by lead glad you could join me german a conjoint folks are going to has announced that it is teaming up with the u.s. carmakers ford to build what it calls a global automotive alliance b w chief have it decided that his group was also considering building a second car plant in the united states well you know it's meant came off to a meeting between german car makers and trump in a bid to terrorists. the u.s. market is exceedingly important for german car makers b.m.w. mercedes and v.w.

although the market as a whole is shrinking the german share of it is growing that means jobs in the three u.s. plants the companies employ a total of over forty nine thousand workers in production and the supply industries they make a total of one point three million cars a year the u.s. side in the talks will certainly be interested in the company's investment plans interestingly enough the largest b.m.w. plant in the world is in spartanburg south carolina where the company's already invested nine billion dollars and a further eight hundred million dollars a plan by twenty twenty one those investments could be reduced if import tariffs were imposed on b.m.w. autos brussels is determined not to allow talks between german companies and the u.s. government to undermine e.u. u.s. trade negotiations. this is not about some kind of trade as you questions of trade are dealt with by the european commission on behalf of the union and its

member states. but the german car makers are also major employers in the united states. as search there's good reason for them to be discussing things with the american administration like which investments and what kind of future german car makers see for themselves the american employers. however they're also unlikely to stand idly by while the trump administration batters their profit margins after all they export cars and components to the u.s. with a total of almost thirty billion dollars. and i want to get more on this now with our correspondent in new york again chairman can make is dutch ing over to washington what's their strategy and what are the developments. well i mean the strategy of the carmakers is to convince the u.s. government how important they are for the u.s.

economy and for their american labor markets and they tried to avoid tariffs in the amount of twenty five per cent so after the meeting the executives of the german carmakers sounded quite optimistic and beads of those terrorists can be avoided if washington is listening at the end remains to be seen and one thing is quite obvious germany is by far the biggest economy within the european union and the car industry probably is the most important german industry so washington is trying to build some pressure so on to also get to trade negotiation between the u.s. and the european union going meanwhile let's take a look at another trade dispute them because the loss is wearing off the trade truce which china and the markets at least in their reaction day why is the doubt now creeping in. well i mean we had

a very confusing statements out of the white house contradictory statements from different officials from the white house while the market was celebrating on monday there may be. a peaceful agreement between china and the united states remains seems more likely to turn to bid on tuesday and then on top of it u.s. president donald trump himself said. man whatever that means for the trade negotiations but trade was not the only reason why we had some heavy selling here in the session on wednesday there will be no trading because of a day of mourning for former u.s. president george h.w. bush so nobody really wanted to have big positions before this is a day off here on wall street and then also there is a feeling that the growth story of the growth cycle that we have seen globally for

the past couple of years might come to an end next year and that's probably what spooked the markets most. lost almost eight hundred points in value. thanks to not. europe's their boss is trying to re enter the u.s. military market they have announced a partnership with the u.s. is not kid martin in an attempt to supply the american airforce with refueling planes if successful it would mean tens of billions of euros in business for both companies american aerospace giant boeing currently maintains the air force refueling fleet in the deal but it marks the first time the airbus has attempted to crack the u.s. military market since it failed bid to fuse with b. a systems in twenty two or. driverless cars a voice guided small phones autonomous robots they all depend of course on artificial intelligence let's face it ai is rapidly replacing human intelligence in

many up locations and yet in europe it's paid a minor role until now when at the twelfth fishel summit in the german city of nuremberg strategies are being developed to help germany catch up. artificial intelligence or ai is far more prevalent than we may realize in the city of nuremberg itself driving subway trains are already in operation so far there haven't been any accidents and of course timetables have long been produced by computers instead of people. but the true revolution through self learning algorithms is yet to come and germany is still trailing when it comes to ai development partly because you need tons of data to do it something companies in the u.s. and especially in china have far easier access to than those in europe. the continent's tough data protection laws can be a bit of a competitive disadvantage but the owners of this data center believe that that

could change. your time on this to me to feel the informational self-determination of their data they want to know they're still in charge of it but that's something that a german data center working with in german law can guarantee to. the. u.s. and china have known invested in ai now germany wants to join the race to the government has pledged to invest around three billion euros in ai research by twenty twenty five at the digital summit in nuremberg key players gather to network and exchange ideas. it's also about the government creating a regulatory framework for artificial intelligence and ministry of the economy and energy want to create kind of an airbus for and by that i mean to create the requirements necessary within europe to be able to manage artificial intelligence in germany and europe on a global scale. at this center for digital entrepreneurs in nuremberg young tech savvy he's developed their ideas for

innovative ways to implement artificial intelligence they also have some ideas for the summits agenda. they're talking about in germany the whole subject of ai or digitalisation as a whole the strategies etc needs to be more promoted with concepts like a free trade zone for example where you could act entirely freely or encouragement through investment repayments on foods. and then not alone in their hopes that all the tool cool scene gives way to action. while it is a meeting in the cassavetes to discuss the walls growing up climate problems and they've got quite a few problems to solve take india as the planet heats up more and more people are buying ecan dishing units the problem is for the palm it only makes matters worse. it's hot in the town kumar shop where washing machines and dryers hum and even more

heat comes from the heavy iron in his hands. now my job is to wash and iron clothes and deliver them to the companies whether it's extremely hard to raining i have to do my job every day i work in the hot sun and the heat so when i come back home at night because of the ac i get a good night's sleep i feel well rested and ready to carry on. the town kumar's not the only one here with a new cooling unit most apartments have air conditioning summers in india can be brutal with temperatures reaching fifty degrees and thousands dying from heat stroke it's gotten worse in recent years and that has led to a boom for an entire industry at that artist on plant of japanese manufactured by keen workers a simple one point two million ac units per year this selling fast. will

be positive in both the report of the purchasing power of the people ask on op most people here are in agriculture and they can afford a cs they buy in their midst dowery when their daughters get married and go to the in-laws house also in a residential area people look at their neighbors and they also buy. the problem while the units provide relief inside they're using enormous amounts of electricity india is already burning through eight hundred million tons of coal every here and with demand rapidly growing the country is more and more greenhouse gases. nobody here worries about the temperature rise that the a.c.s. will cause the customers interested in buying a five star ac an inverter a c. with advanced technology they don't worry about the effects it will cost to climate they want an ac for their home that's all. understandable but solving one's own problem could make everyone else a spores in the future. you're up to date here's

a look now at the wild markets my.

interest waiting. for a lifeline to syria. good morning where are you why aren't you answering. every call brings them closer together. to hurt because they feel powerless to help. you. 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. to. the world my folks were too poor to talk human tree starts december eighth on t.w. . checkin. fasten your seat belts.

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