the keeping pressure on russia over its conflict with ukraine or member countries really united on economic sanctions. and the space race continues that is the commercial one we'll tell you how virgin galactic is looking after its latest test flight. i'm seeing bears in berlin thanks for joining us leaders have extended economic sanctions against russia for another six months citing the ongoing conflict with ukraine sanctions target russia's financial energy and defense sectors the ukraine russia conflict flared up again last month when russian forces seized three ukrainian vessels and twenty four crew members as they tried to pass through the catch straight from the black sea to the sea of as off now some even members have called for new sanctions in response but the block has shied away so far. it's going to euro chief in brussels max hoffman for more on the e.u. council decision to roll over sanctions against russia max remind us again what

these sanctions mean for russian and european businesses. the sanctions are believed to have contributed to the downturn of the russian economy pressure on the ruble force russia to use part of his foreign exchange reserve it was sanctions basically that target the oil industry for equipment and also dual use good so goods that could be used for the arms industry and it seems to have had an effect but not the desired political effect to stop russia's meddling in eastern ukraine now for the european economy really depends which country you're talking about but of course eastern countries like hungary are more engaged in russia and they have always complained about these sanctions saying that they are slowing down their economies in return as well. right and speaking to that as the decision today by the e.u. council was unanimous does that mean however the e.u. members are really united on this issue of sanctions. no listen we have a spectrum here after all twenty eight member states still soon twenty seven member

states but some of them for example poland think that these sanctions are not enough especially after what happened with the russians holding up ukrainian ships from entering the sea of but others like hungary those economies i was talking about earlier think that these sanctions should be abolished altogether because they're hurting their economies too much and just rolling over those sanctions without introducing new sanctions and without abolishing those existing sanctions is the compromise that they found here it's no surprise but it really is the middle of the road so you know but also divided there on the issue of russian sanctions max often there for us in brussels thank you max. let's go to the u.s. now where apple says it will build a new campus in austin texas creating up to fifteen thousand jobs in the area the tech giant announced its plan to expand earlier this year but it had not said where the one billion dollar one hundred thirty three acre facility will be located near

two other apple campuses already in the city among the jobs be offered at the new harbor those in engineering research and development and customer support the new facility is set to begin with five thousand employees according to plans. and let's bring in our financial correspondent in new york yes quarter yens we know that u.s. president donald trump has been very vocal about apple creating jobs in the u.s. any chance that this is played a role in their decision. well i mean apple employs about ninety thousand people in the united states but most of the manufacturing is done overseas and that got criticized heavily in the past couple of months again and again by u.s. president donald trump you're already mentioned what kind of jobs to get created in the austin area so those are not to necessarily of the blue collar jobs that donald trump might be dreaming about and then also especially when we comes to manufacturing for effort so you need seasonal workers who have the right skills for

the precision work and those workers actually might be hard found was in the united states so it's unlikely that those jobs will get moved from asia to the u.s. overall but i'm quite certain next time. runs into donald trump you might mention joel's new jobs but i do not believe that donald trump was the main influence for this decision. amazon of course had a similar search for a second headquarters and was criticized for choosing a big metropolitan area how does apple's decision compare. well it's tough to compare but apple was not that aggressive as we've seen it was amazon i mean amazon we had dozens of cities applying to become the second headquarters we saw huge concessions takes cuts and all kinds of provisions that those cities offered through amazon so that was not the case when it comes to apple so austin

already is the second biggest facilities or to speak the headquarters of cupertino in california for effort so far but one concern always if such a big company and so many jobs in that area especially high skilled jobs that rents actually will explode quite a bit. quarter there for us in new york thank you yes. the european central bank has announced the end of its massive and controversial bond buying program known as quantitative easing by the end of december the z.b. believes the eurozone economy no longer needs central bank support to grow in total the e.c.b. has bought government and corporate bonds worth two point six trillion euros since the program began in march two thousand and fifteen the purchases were intended to keep the cost of borrowing down as credit locked up in a weakened euro zone economy critics say the program disincentive vies euro zone

countries are making key structural reforms. saying in europe the board of french carmaker renault says it is keeping char carlos going as c.e.o. after an internal review of his of his pay package conform to a french law now that despite an ongoing criminal case against going in japan were going was chairman of renault partner nissan he was arrested last month on charges of financial misconduct and underreporting his pay with a japanese carmaker the decision by renault is almost certain to place more strain on its already fragile partnership with nissan. dispense of the climate conference this week in poland have been discussing a global timeline and framework for trimming harmful emissions but exactly how those emissions are cut will depend on ground level solutions in each country for many countries finding an alternative to heating stoves will be critical a start up here in berlin says it has an idea it's winter time and it's grown

chilly in the german capital and in this you are it behind the monk only an embassy there but these two men from a berlin startup are about to warm up the inside of the tent with an innovative heating system called electra the traditional your stove can stay off for the moment instead the walls are being lined with a thin carbon composite foil that is heated by electrical current. this membrane is incorporated into the foil with it we can generate a surface temperature of around twenty five or twenty six degrees celsius which is absolutely enough to keep your it warm even when the outside temperature is minus thirty five to minus forty degrees. that's how cold it can get in mongolian winters the economic counsellor at the berlin embassy hopes that the test can help combat the harmful smog from stoves in his country we start in our capital.

we have around two hundred thousand families living in your it's. the burn brown coal in simple stoves. stove emit a lot of smoke and pollution. we'd like to reduce that. or the mongolian capital is one of the world's most polluted cities according to the world health organization much of the winter smog comes from the old fashioned coal burning stoves the levels of harmful particulate matter are many times higher than guidelines permit that's making people sick especially children. the monk only in government this urgently looking for solutions and the company in berlin is hoping for orders not just in mongolia but in china too they're the foil could be heated using renewable power in new buildings for example potentially it's a giant market but there are some business risks. just the fact that we have this

technology that's been developed in germany traction lot of interest there. if this technology ends up being copied well the market is so big that i think we can prevail with our label made in germany. and. they already have a preorder for beijing for one hundred thousand square meters that is for thousands of apartments beijing like toure is a city with levels of air pollution that pose a high health risk to residents. and from a look at asia to look at space virgin galactic has carried out another successful test flight this time to reach an altitude of eighty two point seven kilometers that's above the height at which space is said to begin the companies making such flights routine. to space and back. latest successful test flight brings tourism

a step closer to the edge of the cosmos the british really have a high and eventually thinks it could become a reality within months. one hundred percent sure that everything. that i planned to go up and then we have seven hundred people who signed up to go into space stop sending those people to space. build a new spaceship so that will hopefully. thousands more people to be able to go to space one day. following more than a decade of setbacks including a fatal crash in twenty fourteen spaceship two safer to. talk about it. says he's aiming to achieve his dream of being on the first commercial space flight in march next year. get your tickets now if you can afford them and that's it for us business you can always find the latest on these stories and more on our web site. business i'm

stephen thanks for joining us.

we may come over a week watch as of a few. we ought to settle some. because. they want to shape the continent's future shifts to be part of the african youngsters as they share their stories their dreams and their chairmanships. a seventy seven percent to g.w.'s platform specific charge. the be everyone has the right to freedom of opinion and expression. the right includes freedom to hold opinions without interference. and just to receive and implied information and ideas. immediately with guidance of friendships. the seventieth anniversary of the un declaration of human rights article nineteen fall on w. natural riches of

precious resources. and a rewarding investment. farmland has been called a seal because. the country has an abundant supply of leases it to international arraf joins. the government comes after high export revenues and the corporations high profit margin. but not everyone benefits from the building business. objects issue environmental destruction starvation placed sowing out of a country dead donkey. starts december twenty ninth on t.w. .