the only order is history the world is reworking noising itself never media's role these keep shifting powers the topic in focus at the global media forum twenty nineteen called the laboratory for the digital age. who are we following who do we trust to debate and shape the future as the don't you believe global media for twenty nine t. the place made for money. germany's by a group is facing its shareholders today and it's not expected to be a friendly meeting as the chemicals giant grapples with the fallout from the monsanto scandal our correspondent is at the shareholder meeting with the latest. also on the show mass confusion over economic jargon has prompted one you tube out

to set by channel dedicated to breaking it all down. hello and welcome to the business i want to jens and good to have you with us german chemical giant bae is facing its shareholders at the group's annual meeting today and it could be an uncomfortable encounter by asking courts in the crosshairs of environmentalists and lawyers following the takeover of the us agricultural group monsanto since then buy a share price has almost half because one sometimes we'd kill a round up is highly controversial. just a few weeks ago a u.s. court ruled that edwin hardiman cancer was caused by years of using the weed killer round up. it's the second ruling that's gone against monsanto which buyer acquired last year in both cases the company was ordered to pay out tens of millions of dollars in compensation fire has appealed and the outcome is still pending the cases have prompted many more people to come forward to hold rant of responsible

for their accounts or to this could prove to have been a very expensive takeover and it's reflected in the figures since the acquisition talks began their share price has almost halved investors are calling it a disaster how the story continues depends on which studies the courts believe the active ingredient in roundup called glyphosate has split opinion among experts one study by the world health organization says life or state probably does increase the risk of cancer and other by the same body says it doesn't. but your c.e.o. very naturally side with the latter view he was the one behind the monsanto deal the largest purchase ever made by a german company buyer had hoped the sixty three billion dollar takeover were driver to even more profitability instead it's been forced to tighten its belt ten

percent of its workforce is to because employees and shareholders are on edge and with more legal battles looming the company's image has taken a battering to. the. day is in born to follow the by annual shareholder meeting for us which hasn't started just yet but it's quite busy already i should just what kind of welcome can buy a c.e.o. ben about one expects there. well monica yes he can expect an angry reception as you can see from behind me there are protesters already who's assembled here they're calling on shareholders to vote against the management because they feel that now the good boy of german industry has certainly become part of this glass was a group that was it as you know is blamed or is sometimes felt that it is alleged that it causes cancer among humans and also it has some sort of an impact on the

environment as a whole but inside inside the hall where the shareholders will be meeting. mr bowman can expect an angry reception the shareholders are angry at the management for underestimating the legal risks of its takeover of months and two prominent shareholder advisory firms which have which are known to have the ears of foreign investors and there are plenty of them in bio and they are advising shareholders not to give their approval to the management board in fact one of them has even said that even the non-executive supervisory board should not be given the word of approval now these this vote is largely symbolic but it is a key gauge of voter sentiment of shareholder sentiment rather and of very low approval could it also put in question the future of bob just if i just event so a lot is at stake that's what i'm getting here could you just briefly tell us what

fire can do today in order to apiece those shareholders. well buyer has been doing all sorts of things to allie the concerns of the shareholders they've even hired prominent legal names and other experts to sure how the management team fulfilled their duties when it came to buying months and to the supervisory board has reportedly come in support of the management board but it will be difficult to convince the shareholders who feel frustrated at the fact that now decisions about bio will be made in courtrooms rather than boardrooms all right well actually trish you're there the whole day and we'll catch up with you later again once the shareholder meeting actually starts so we'll hear more from you then candidate covering the shareholder meeting in bonn for us thank you. take john to amazon the double its profits in the first three months of twenty nineteen compared

to the year before the company's push into advertising and cloud computing played a big role in the pay off in its first quarter earnings results the seattle based company reported a net income of three and a half billion u.s. dollars that is a seven point north to nine dollars per share revenue rose by seventeen percent to roughly sixty billion dollars but the company has also come under scrutiny in recent years amazon paid zero federal income tax in the united states in twenty eight teams. and russia's drug pipeline has delivered contaminated oil to germany and poland to its source to have been pumped into the system by an unknown russian producer as a result both countries have paused imports from the pipeline moscow has promised it'll be able to provide clean oil by monday germany gets more than thirty percent of its oil from russia in the meantime it will use its reserves however the

stoppages driven up the price of crude it now stands at seventy five dollars a barrel its highest so far this year all prices also jumped earlier this week as a result of your sanctions on iran. all right time to check in with our financial correspondent ali bartz who is standing by for us in frankfurt and good morning first of all to you ali it's been a very rough day yesterday tell me how today is starting given the fact that those much anticipated merger talks between doj if i can commence bank collapsed yesterday. well everybody's still busy looking at the debris left by that decision and by the whole process i would say there's a collective sigh of relief that this is the end and exasperating that it even started lots of speculation some people are even sure that it only happened the start of the talks because of pressure from berlin on their own the banks would not

have gotten the idea of going together especially at this time in their in their collective history is the question is what now let's listen in on christian saving the c.e.o. of the it's a bank last night on german t.v. deal with this you know when we look at europe there are five thousand five hundred banks in the e.u. that's a huge number when you compare that with other regions including america that's a large banking density especially in germany we've always said don't you bank when we stabilized when the balance sheet is solid again when costs are under control again when we've turned the first profit that we have to be more profitable that we want to go down this path and then we'll be in a position to be an active player in consolidation in europe as well. and up to as i'm. listening there to the c.e.o. of deutsche bank it's careful optimus but an awful lot of hall work still to do right. yes and listening to christians saving it will take some time i

mean there's the i t. which has not been addressed in either of the companies there's the question of how to address online competition and there's the question of how to reduce costs what was surfacing in the course of the merger talks and speculation on tens of thousands of jobs being at risk i think they're still at risk because they're made one of the major reasons why the banks are not making as much profit as competitors they have more people on board than other banks who make more money than deutsche or come out spunk and you also have to look at the attitude that your bank last year paid huge bonuses while the bank made a meagre profit something has to be done about that attitude absolutely and just briefly because of course these mucha talks they just started because politicians wanted this to happen they wanted to create a national champion was that a nonstarter right from the beginning. a nonstarter looking at the position of the

two banks but also basically a nonstarter when you look at the needs of the customers not just the needs of the banks the customers already have a choice the customers here in germany between the private banks cooperatives and savings banks big firms between deutsche on camille's but also dozens of capable foreign banks why not go with a foreign bank does it have to be a german bank so he pots and frank thank you so much. be honest have you ever watched the business news and ask yourself what are they talking about you're not alone the business world has its own language g.d.p. i.p.o.'s m b oh my god it can be intimidating now one you tube or is trying to make it less frightening or approach. if this kind of scene makes your eyes glaze over in boredom or in comprehension you might want to enlist the help of mrs dow jones

the self described finance influencer has set herself big goal making the market interesting and relevant to millennial so. ever wondered what an i.p.o. is here's an explanation you've probably never heard before. you know how it's like a huge deal to go public with a relationship it's also. a company. that just posting. this he's going public with a company is a bit more complicated than hard core finance and pop culture may not be natural bad fellows but the you tube or whose real name is haley sachs believes she's found the perfect way to explain finance to a younger generation. it was her own confusion about wall street that prompted her to set up a you tube channel. and so the stock market had always been around me my entire

life my dad worked on wall street third and my mom but i had always felt really confident about understanding and truly it just sounded like german to me her finances cool message has garnered her a following all flying as well as lawn at a recent event in jersey city she addressed a crowd of young people on issues like phones and real estate investment trusts i really like. this is down to earth as these are because they read the language a lot more available are you able to everybody if they're in you know new to the financial industry and want to learn mrs dow jones stresses she's not a financial advisor and simply wants to get a younger generation to understand how and why money makes the world go round.

the be. the chain reaction of us the books. around six hundred years ago. the revolution unfortunately made.

people became aware of their abilities and strengths and a new way there was an outpouring of self-confidence. the biggest observers the be. the best. welcome to news from the world of arts and culture is it the biggest movie of the year avengers endgame is opening around the world this week we'll be talking about that and. i know we are violent just who's getting rave reviews for expressive playing. and

a german student whose photos transformed great of an architecture into colorful fantasy. well it's finally arrived in it and it's not open in your country yet it will in the next few days of vengeance and game is the most anticipated film of the year because it's the last in the series of what has become the highest grossing franchise of all time and all superheroes have to tie up all those loose ends from the previous movies and get rid of him. a son by starting point. two percent. increase the stakes couldn't be higher following an environmental catastrophe we lost all of. us.