to come. get out first well how that story for you and all the days of business headlines coming up right after this and i see you going to top the hour. frank food and. international gateway to the best connections self in the road and rail. located in the heart of europe you are connected to the whole world. experience outstanding shopping and dining offers and try our services. biala gassed at frankfurt airport city managed by from.

sometimes books are more exciting than real life. preparing to read. long range you know. what if there's no escape. ritualised under german plus treat. you to. offer a series of high profile chinese takeover attempt lynn widen stores any offer foreign investment in this strategic industries and germany's economy minister tells d.w. we must take a closer look at foreign takeovers. the hall even mosque wants you to go to work soon and one of his tesla is of course put on the brawl and although the presentation of his grand scheme didn't exactly go to the cloud. also sunk

without trace data technology and mismanagement destroyed the ship building industry crushed. this is either of your business and. china is one of germany's biggest trading partners but there's growing concern about chinese investment and some german companies lawmakers here want to be able to block non e.u. firms from investing in critical infrastructure that includes high tech and utility companies the government will lower the threshold at which it can consider blocking such takeover plans authorities will be able to investigate whether an investor from outside the european union can go ahead if the plan stake is ten percent or higher last summer berlin blocked the chinese bid for a twenty percent stake in the german electricity company but the law has been criticized by some business leaders who say it goes against free trade. and well

they might just have a point well become less attractive for foreign investments because of the changes my colleague put that question to germany's economy minister. the german spokespeople of german industry have said that these new rules make it more complicated for investments in germany there is some uncertainty that is being created as a result of these rules what's your response uncertainty has been removed today's decision and cabinet meeting foreign direct investment in germany. by the government. enjoys support from many sides and this will continue to be the case we have better instruments now to examine whether something could be problematic under the angle of the national security and we all think and agree in the cabinet meeting all the ministers concerned that germany has to protect. it's national

security interest as as our country is doing already for some time and that means that we have better possibilities to examine the critical infrastructure where the defense and and security it companies can be taken over by foreign investors will in most of the cases not lead to any objections or that is important to know what's going on in our own country. but at the same time the threshold has been lowered from twenty five percent to ten percent in other words there will be more cases that will be examined it will be come more difficult to attract investment probably well it is more cases can be examined we will establish in very brief short delays whether that will be examined in most of the cases this will not be required as i cases it would make sense to examine more closely what's going on and this will be done in due time and to clarify this does

not apply all this or not apply to investments from the european union to only those of the rise to investments from outside the european union. is also one other area of concern concerning the use of equipment of foreign companies in germany we're talking here especially about who are away and the question of whether that equipment could be used for. what is your feeling on that first of all we have a crate openness as far as international trade is concerned and many german companies are using foreign equipment or they infrastructures especially in the field of telecommunications the security aspect and all of these cases is key it means that we cannot allow and will allow for unlikely kman only then when it is safe at least as safe as gadgets and and tools produced in germany is a question whether. i satisfies the justified requirements was actually take. care

of the experiment and whenever. as our country's intelligence or as us have indications or proof about problems in this area we will examine them very very carefully and this will be done in due time and then be resolved minister thank you very much for talking. they have been union has accepted it's always revised budget proposal it is likely to include measures to avoid increasing the. beyond the level increasing its deficit the other level e.u. deems acceptable so the country will avoid a fine for breaking the block's fiscal rules. italy's capital rome now it seems the country and the e.u. have reached a consensus the italian government promised to set new debt that two point zero four percent of g.d.p.

next year instead of the two point four percent as a regionally planned brussels as agreed to this so there's no threat of sanctions italians are relieved. that's it then but. it's important that italy works with the european union that. there's no sense fighting against europe. let it go i see it as a good thing i hope this government can move forward with the things they've planned or to know they can work on all their plans in the future the way i see it i don't like thinking all the time that things could go wrong when we actually project but it's just that the italian government is a coalition of the right leaning league and populist five star movement both want to finance expensive election promises including a basic income and a lower retirement age but at around one hundred thirty percent of g.d.p. italy's mountain of debt is second only to greece. and the parliament that also

approved the twenty nine thousand budget by a narrow margin on tuesday the debate had been going on for days the budget is based on the assumption that the greek economy will grow by two point five percent next year is the first budget since the end of the aids program in august athens now has to raise its own money on the capital markets the new commission has given the go ahead for the budget but called on the greek government to implement further reforms. a few things are more frustrating than being stuck in traffic especially when you're on the way to an important point appointments most of us just complain about it and get on with it tech entrepreneur moscow started digging the result of his and of us has just been unveiled and the presentation didn't go exactly as planned. cars whizzing autonomously underground at speeds of two hundred forty kilometers per hour that's the long musk stream but the demonstration rides

were much slower at just sixty four kilometers per hour despite the slow start his vision is a step closer to reality with the unveiling of his one point eight kilometer tunnel south of los angeles so you can have as many tunnels as you want and i'm pretty sure everyone in the united states is not going to move to l.a. but you could literally build enough tunnels to transport everyone in the united states in l.a. there is no limit. no limit to his bishan at any rate this promotional video shows her musk and visions the future of transport it parked your electric car in a pod and take the elevator down to the tunnel. from there you'd be transported at breakneck speed to your destination the idea of high speed on the ground travel has already attracted the attention of urban planners in the united states. earlier this year musk signed a deal with the city of chicago to build an underground transit system linking the

city center with the airport. but progress has been sluggish and the project is still waiting to be granted foreign or regulatory approval. but those kinds of stumbling blocks don't appear to be putting months gone off the entrepreneur describes the transit system of his dreams as more like an underground highway than a subway in car loving america it's a concept that might just catch on. from the future to the past where everything in the croatian coastal region near the city of pooled up with old around ship building because of outdated technologies and mismanagement creation shipyards have not been able to withstand foreign competition businesses going bankrupt and thousands of jobs are on the line. the harbor of pula practically a ghost town the once flourishing croatian ship building industry is slowly perishing and the decline seems unstoppable. also the situation

is bad the salaries are late people are leaving myself photos today from protests we organize this year and half of the people in these photos are no longer here soon we won't have enough people to organize a protest let alone build a ship to meet people. in recent months workers have repeatedly taken to the streets to demand their unpaid salaries. as well as aid from brussels but the protests didn't bear any fruit. in the eighty's croatia shipyards were still some of the world's best but the collapse of yugoslavia took its toll despite financial injections from the government this year alone customers canceled contracts to have nine ships built the reason the heavily indebted shipyard can't honor its delivery agreements with this this is so with that bankruptcy is a danger that we've been facing since the start of the crisis when we received

rescue aid we already knew that if it wasn't repaid on time if the restructuring program was not adopted the alternative would be bankruptcy or even liquidation that they must go wasn't up. the yard still employs four thousand five hundred employees about a quarter of them are said to be on the verge of leaving to look for new jobs abroad. that's still business update here on a d.w.i. sebastian is next with conflict zone right here on the gulf just off of this look at wall markets at us all and very much for watching your business blasts.

from. entering the conflict zone coming fronting the powerful two years ago the philippines began a brutal war against the drug gangs in which thousands of people died human rights activists and journalists charged the police with illegal killings charges which president to testify as vigorously denied my guests this week hearing the latest news legal adviser salvatore follow welcome to compass conflicts of. g.w. . natural

riches some cool chris. his resources. and a rewarding investment. farmland has been called ethiopia's. the country has enough money to supply and leases it to international coverage for giants cover ups after high export revenues and aeration high profit margin. but not everyone benefits from the plumbing business. given when i saw the bulldozers clearing the land i was devastated going to get me to how could they bulldoze the land without my permission and they knew it belonged to me when one. thinks appropriation environmental destruction starvation. the price government corporate greed and.

the selling out of a country. that donkeys fear no high enough. starts december twenty ninth on d w. two years ago the philippines began a brutal war against the drug gangs in which thousands of people died human rights activists and journalists charged the police with illegal killings charges which president do attest to as vigorously denied my guest this week here in manila is his legal adviser salvador upon the low is the administration actively sanctioning and.