it makes the. spirit. somehow a part of. this world argument trick starts november 14th on t.w. . leg. it could be the world's largest trade pact but it has yet to be a great title and the host of this year. and asian whites trade agreement is forced with an announcement due today we go live to bangkok for the latest also coming up a new era for folks like me as its key electric models into production as the german konica finally put the diesel scandal behind it. and fall spotless futuristic factory has a long history not least as the home off one of the most iconic and dirtiest cars

the east german traveler. i'm going to get joe and this is did of your business well come asian leaders have been meeting in bangkok for the annual asean summit with trade high on the agenda the main focus is a massive trade deal covering the world's population but securing an agreement could be tricky too of asia's powerhouses india and china disagree you might meet asian leaders present a united front for the photo shoot in bangkok as they try to hash out the world's largest trade deal the regional comprehensive economic partnership host thailand said talks have been conclusive an announcement is imminent china wants the asean meeting to approve the deal as would act as a counterweight to its tariff war with the us. which is part of the current global situation experiencing complex and profound changes especially with the slowdown of

global economic growth from the plus 3 cooperation it offers valuable experience on the strength of cooperation that will help boost confidence among regional countries. is should. be doable include 30 percent of global g.d.p. and cover half the world's people but india is concerned about a flu. out of cheap mass produced chinese goods hurting small businesses and its economy many here fear the u.s. is disengaging from the region leaving china's growing influence on checked something washington denies. the trumpet ministration is extremely. and we're really committed to this region. after skipping the summit president donald trump has invited southeast asian leaders to a special summit in the united states early next year. but

did obviously and nurses following those talks in bangkok for us we just heard it has invited asian leaders to a special summit in the united states early next year and that of course after skipping this summit it's not showing up himself how is that going down with asian leaders. well that did not go down well at all even though no leader would say that open leave but it actually has been perceived as a snub by the u.s. and what is even more important is that there are concerns among asan member states now that the you that they cannot look no longer rely on the u.s. being a counterweight to china's dominating influence in the region not least because of the belgian road initiative so that the fact that president trump send

a fairly low level delegation here headed by the commerce secretary wilbur ross we've just heard him in the sound bite. didn't go down well and actually there there was at the sidelines of this big ozzie on summit there was an ozzie and u.s. meeting and out of the 10 member countries only 3 leaders showed up the rest sent their respective cabinet ministers so that could be perceived as a counter snub the president snaps of not showing up here now of course everybody hoped at least time and hope that this big big trade bloc deal would be agreed at this summit thailand is still quite hopeful that they'll be a positive signal but what all of the main stumbling blocks there. well the biggest holdout as you mentioned in the report is india india is really concerned that opening their borders lowering or getting rid of tariffs

would create a big influx of cheap chinese goods to their massive consumer market so they have been issuing or they have been demanding more and more demands exemptions from from regulations that would affect all the others and so it came as somewhat of a surprise. eyes this morning when the ozzy and sharon prime minister of thailand actually announced that there will be a. announcement of success but we're not exactly sure what that exactly means so maybe it's a they just kick down the can kick the can down the road but and it's just a formality that they will be signing it in next february or they just postpone because they couldn't agree so we might know more by tonight when there will be a big press conference all right florian newish there reporting for us from the

assy and summits in bangkok will lead us kicking decisions down the road thank you so much. and now to some of the other global business stories making news mcdonald's c.e.o. steve easterbrook is out of a job after having a consensual relationship with an employee he in a statement to the company's board said he had violated company policy and showed poor judgment earlier this year some dozen mcdonald's workers filed complaints about sexual harassment and the web. saudi arabia has approved an initial public offering for the state run oil giant amoco the company will list on the stock exchange and what could be the world's biggest i.p.o. analysts say aramco has a valuation of well above one trillion dollars making it to the world's most valuable company. production trials of the model 3 and electric 4 doors to them have got underway at tesla's jain factory in shanghai the plant open to head of

schedule and just part of the company's and bushes investments drive in china the country accounts for more than half of the world's electric vehicle sales. now electability is also him alive in germany where chancellor angela merkel is due to meet with car makers in berlin today with global sales of electric cars expected to grow as much as 48 percent this year the industry is keen to get a piece of the action is going big on its 1st electric vehicle in its ideal range production of the id 3 launches today at its peak help club in germany. this is the car folks buying is pinning its hopes on. the id 3 is based on the monster car platform called m e d it's used to produce 6 models for 3 of the groups. hope it's all electric platform will give it a competitive edge. and the id 3 has one big advantage it has

its own platform and that means a large number of vehicles can be produced on that platform that way the cost per vehicle can be kept very low when it comes to development and production. the electric motor has fewer parts than a combustion engine building it requires fewer people despite that the number of employees and stick out is going to rise. we need more people because we'll be building more cars previously we built a new car every 2 minutes now we're aiming for every 90 seconds. but elsewhere in germany some $7000.00 jobs are to be slashed the rise of electric power is sparking a shakedown in the industry. we shouldn't be kidding ourselves electric mobility will lead to job losses course we estimate that between 15 and 20 percent of jobs will be cut by the year 2030. 5. folks who describes the

production of the id 3 s c o 2 neutral the price of the model taking into account the incentives offered by the german government starts at $26000.00 euros. obviously also a big player in the financial well to our correspondent he joins me now in frankfurt chelsea we all remember the diesel gate scandal of course which is synonymous with. this fully electric approach going to give the company the edge it hopes for. the lecture of ability has been a really big part of volkswagens post rebranding strategies i think investors are excited to see that gaining momentum here at the same time it's a huge risk provokes like and they're investing about 30000000000 euros and into this program over the next couple of years at the same time we don't really know how how well these cars are going to sell. they're more expensive than typical

combustion engine cars the charging network throughout europe is a little spotty and there's a lot of questions over whether they're going to be able to make make profits off of this but what investors are saying is that. volkswagen doesn't really have a choice because new environmental regulations basically mandate european automakers to be doing to be doing more with electric vehicles. and doesn't have a choice so what about the other german comment because how they're doing pretty pretty much every european automaker at this point is either launching electric vehicles are going to do it in the next year or so volkswagen is really part of the pack here there's a lot of other ones that are expected to launch next year including some from b.m.w. but i think volkswagen is really hoping that their scale wall out them to be more profitable with their electric vehicle push to delay new then frank said thank you so much. wants to help plant from

producing internal combustion engine vehicles to fully electric vehicles and this will make it the largest and most efficient electric compliment in europe just as well given automotive history. the sheer range of cars on display here is a testament to the because rich automotive history the industry here dates all the way back to 1904 but in 940000000 when communist east germany was founded the factory shifted gear and production was focused on this car the trip on powered by a smokey 2 stroke engine it was billed as a car for the people. but money and politics were to shape the trip ends production history this more modern prototype with a $4.00 stroke engine never entered production that's because the government like the money to do so. and this design from the 1970 s. was cancelled because it threatened to outdo the soviet built lada several other

vehicles that have been planned at the same fate. the trend didn't change much over 30 years of production of the factory was inefficient and there was a waiting list of 15 years to buy one. when the berlin wall fell in the vendor $989.00 the car's a captive market disappeared production of the turbine and ended less than 18 months later. and that's it for me and the business team here in berlin. dot com slash business for now thanks for watching.

in the mirror humans are exploited and cruelly slaughtered big brands have committed to fair working conditions and sustainable production but who is monitoring the some contractors and investigative documentary goes to conciliate and china and moves behind the glamorous facades of fashion houses luxury beyond the murray starts nov 5th on d w. language

courses. video. anytime any. w s. i went out i want freedom we were treated like criminals dangerous criminals. security file is hundreds of pages thick. you know it was here when this was east germany the state security watched and harassed the 2 women because they wanted to before west germany. 30th have passed since the berlin wall fell.

what. does geisler mean anything to you. know. do you want to ring the bell. and then what do you think you'll have to talk i can't even remember him. and have returned to the house in berlin where they once lived the x. neighbors still if that but he's not home. for the 2 women find their way and. just look at this place. than it does to me i don't think it's all that bad yes. i think it's pretty groovy.