out from google play or from the out still work that will give you access to all the latest news from around the world as well as push notifications for any breaking news you can also use that you have to send us photos and videos when you see news happening. next on d w business with. should be talking about i think more about those corners in germany stick around she'd like to have her company. stand for. language courses. video. anytime anywhere. w.

. welcome to the but is the game here does she. have a chance to talk about something. less coverage. 3 more. home we have. let's have a look at so many of them. so you want. me . p.w. . cut. racing towards electro mobility will there be enough charging stations along the way germany's far spotting starts manufacturing its 1st mass market b. car amid concerns of patchy infrastructure. and the world's most valuable company is finally on its way to becoming the world's most valuable public company

questions surrounding saudi aramco as i.p.o. linger after years of false starts. and desperately needed rain brings relief to farmers along parts of australia's east coast but is it not and the drought. this is the business i'm joined. we begin right here in germany where the country's car bosses have been meeting with lawmakers in berlin to discuss how to get more e-cards on the road as germany struggles to meet its environmental targets and it looks like increasing consumer subsidies is said to be one measure but pricing is far from the only challenge the summit comes as europe's the biggest carmaker for its fung begins production of the id $3.00 it's big bet intellectual ability. here comes the core volkswagen has spent 3 years getting ready for mass production . the id 3 is the company's 1st purely electric model one

of the world's top auto makers is now spending 30000000000 euros to get electric cars into the mainstream my number 10 bisht ladies and gentleman we stand before a systemic change to electric mobility it is no longer a question of whether electric mobility will become a reality but a question of how fast and which regions of the world 1st. that's a direct challenge to german chancellor angela merkel government is struggling to create enough charging stations to accommodate the 330000 id threes that v.w. plans to produce every year the medical insists the government in berlin is doing its part given the government will be taking extraordinary measures we will invest 3500000000 euros over the next few years to expand public infrastructure for charging stations yet this is the end of the cord some. volkswagen has spent

1200000000 euros converting its plant in to electric vehicle production now it falls on the government to make charging the cars as easy as filling a gas tank so that people will finally start buying them through after that journey into the future of lability how about a brief glance at the rearview mirror. is turning out it's all to modern e-car as was once the production site of the iconic try but a car that came to symbolize germany's former east as the city celebrating the 30 year anniversary of the berlin wall kick off what better way to tour the neighborhood of history than in a trendy. to share range of cars on display here is a testament to speak out its rich automotive history the industry here dates all the way back to 904. but in 1989 when communist east germany was founded the factory shifted gear and production was focused on this car trip and powered by

a smokey 2 stroke engine it was billed as a car for the people but money and politics were to shape their trip plans production history this more modern prototype with a $4.00 stroke engine never entered production that's because the government lacks 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 met 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 current captive market disappeared production of the turd plant ended less than 18 months later. move over apple instead of silicon valley the world's

most valuable publicly traded company may soon come from saudi arabia the kingdom's a market regulator has approved the listing of the state oil giant saudi aramco but the tale surrounding the size and scope of the i.p.o. remain ill defined. after years of waiting saudi aramco for its biggest climate polluter and the world's most profitable company will offer investors a piece of the kingdom's prize a. state owned aramco accounts for 70 percent of saudi arabia's revenues. the i.p.o. on the riyadh stock exchange could value the company a 2 trillion dollars and make around co worth nearly as much as apple and microsoft put together. for us as. i think we are for the listing it will increase our visibility internationally we are a very strong company by sharing a lot of information as required by any listed company that will be

a lot of analysts that would review our data and compared it with other listed companies. aramco accounts for 10 percent of the world's oil production in the company is the biggest carbon footprint in the world climate campaigners are worried they want fossil fuel companies to scale back and cut carbon emissions not to expand this is a move in the opposite direction. but the economy of saudi arabia must change to survive well comp last forever some analysts say around 70 more years prince mohammed bin sound man wants cash to diversify. the prince wants tourism manufacturing and renewable energy to drive growth in the post oil world he has major ambitions to transform saudi into a top 5 global tourism destination. here break this down for us is yes court that he's our correspondent on wall street yes i know this whole i feel business around around preceded in fits and starts why is it going ahead now.

well i mean 1st of all there had been some internal pressure for quite some years the former head of saudi aramco was skeptical if it's a good idea to sell pieces of the crawlin jewels but then he got replaced and now the top management at the helm of saudi aramco is more friendly quite obviously to an i.p.o. and then we also shouldn't forget about 90 percent of saudi arabia's budgets depends on oil and gas production but to actually fulfill the needs of the population of the country you need an oil price more for 70 to 80 percent per barrel and not of around 50 percent what we have fried now so the pressure has increased to generate money somewhere else and that's what the kingdom is partly trying to do with this i.p.o. but there are still risks associated with this project of course like the

geopolitical tensions in the region like around cause of vulnerability to attack as we saw last september our investors seeing these drawbacks or is the prospect of investing in the world's most valuable company simply to resist evil. well overall the numbers are quite stunning just if you look at the profit in the 1st 9 months of this year it was more that than $46000000000.00 that took exxon mobil for example for an hour of years to even come close to those numbers or if you look at amazon dot com also one of the of the richest companies when it comes to market valuation on the planet since their start they made about 40 percent of profit what the saudi aramco did in the 1st 9 months of the year but clearly there are risk in waltham we are certainly waiting for me details also who might be allowed to buy

stocks in saudi aramco into pos the only big institutional investors was as it's on the methods of end of more than $500000000.00 or even allowed to invest into saudi traded stocks as part of their on wall street for us thank you very much now to some of the other global business stories making news one of 3 parachutes a failed to open during a crucial unmanned test the boeing c.s.t. 100 starliner despite the parachute failure boeing declared the spacecraft abort test a success this is them is designed to propel the crew to safety in the event of an emergency the starliner will ferry astronauts to and from the international space station. apple says it is committing 2 and a half 1000000000 dollars over the next week years to help address the shortage of affordable housing in california and reduce homelessness apple says its efforts are geared to help community members like teachers firefighters 1st responders and

service workers who can no longer find affordable lodging. mexican president and last month. as promised to help argentina faces economic crisis his comments came ahead of a meeting with argentinian president elect a battle for nanda us as a band are called argentina a country that has a lot of potential. the heaviest rains in years have so to parts of the new south wales in australia that's not welcome relief in a region experiencing some of the worst drought ever but longer term the forecasts are still grim. videos have gone viral showing children a new south wales wallowing in the mob and a happy drenched young farmer takes a selfie with her relieved livestock. the weather bureau says parts of the state received nearly 100 millimeters of rain over sunday the most in 7 years and not before time. cattle drink like their lives depend on us and many farmers have

already given up. brian hunter's not exactly ecstatic despite the rain. all nails labor just beyond as we look to for the yellow cement tanks and it's put a bit too full of water into those tanks it's too little to make up for the damage already done by the dr many farmers lost their harvest again this year but for the 1st time there's hope. that if we can get follow 'd up rowing but we noted pretty quick and a fair bit of good to be wonderful. much much more would be needed to restore normality to the farming community it would need to rain for weeks months some even say years. and that's it from us thanks for watching.

more and more young people are striking to save the planet and we're the people who would like to keep living on this planet and if we don't save the planet now it'll be too late just how does a 16 year old organize a europe wide climate congress how does that leave time for school in france we

accompanied 3 young climate activists. 60 minutes. on t.w. . the sustainable way to scope the boat. house starts nov 14th on t.w. . welcome to the book is the game here. we have plenty to talk about since. this coverage. 3 more. slowly have. let's have a look at some of the legal so you don't want to. get to w. how to cover more than just one reality. where i come from we have a transatlantic way of looking at things that's because my father is from germany my mother is from the united states of america and so i realized fairly early that

it makes sense to explain different realities. and now here at the heart of the european union in brussels we have 28 different realities and so i think people are really looking for any journalist they can trust for them to make sense of this. is backed up by work at the w. this is news africa coming up on the program why how many young africans leave in that country we'll find out how a town in guinea is feeling the effects of migration and what makes people want to leave also coming up. in new drink in south africa in hughes's gen and the funds so unique east africa.