after the fall of. november 9th do you w. . the world's most valuable company is finally on its way to becoming the world's most valuable publicly traded company but the question surrounding saudi aramco is i.p.o. linger after years of false starts less than auspicious for what's said to become the largest public offering on record. and we take you to. saddam is rolling out big into the future of electrical ability already there however we're also looking at its story paths producing that i phone of former east germany to trayvon. and

desperately needed rain brings relief to farmers along parts of australia's east coast but is it enough to break the drought. this is the the way of business i'm in and berlin apples days as the world's most valuable publicly traded company might be numbered set to topple it from the top spot is saudi arabia's around the kingdom's market regulator has now green lighted the listing of the state oil giant but details surrounding the size and scope of the i.p.o. for me ill defined. after years of waiting saudi aramco for its biggest climate pollution are on 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 aramco worth nearly as much as apple and microsoft

put together. before i. go i think we are. listing which 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 conveyed it with other listed companies. aramco accounts for 10 percent of the world's oil production and the company has 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 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. now iran causeway to an i.p.o. might be overshadowed by risks like geopolitical tensions in the region or ironical as a vulnerability in the face of attacks like the kind that took place in september earlier i asked our wall street correspondent yes quarter how big of a consideration these risks are for investors. well overall the numbers are quite stunning just if you look at the profits in the 1st 9 months of this year it was more than $46000000000.00 to talk exxon mobil for example 4 and a half years to even come close to those numbers so if you look at amazon dot com also one of the richest companies when it comes to market valuation on the planet since their start they made about 40 percent of profits what saudi

aramco did in the 1st 9 months of the year but clearly there are risks involved and we're certainly waiting for me details also who might be allowed to buy stocks in saudi aramco in the past the only big institutional investors with a search on the management of more than $500000000.00 or even allowed to invest into saudi traded stocks. german car bosses met 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 biggest carmaker for its fun begins production of its big bet in the mobility the id the idea $3.00 is the company's 1st purely electric mass market model but infrastructure remains a major issue germany doesn't have enough charging stations to accommodate a large scale adoption of electric vehicles. our reporter

was on site for us earlier and a cult she called the idea 3 thought songs do or die bad for its future they're planning to make respondents because the biggest plant in europe for electric cars which is huge and they're planning to actually produce 330000 cars a year and if you think about it in the 1st half of 295-0000 cars roundabout when you leave registered in germany so it does show about a lot of v.w. is future is riding on the electric car and it's a very very big to make basically. now after that journey into the future of mobility how about a brief glance at the rearview mirror it's because our flight song is churning out its ultramodern e-cards as we heard there was once the production site of the iconic a car that came to symbolize germany's former east as festivities celebrating the

30 year anniversary of the berlin wall kick off what better way to tour the neighborhood of history than in a truck the. 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 90 you know for. but in 1949 when communist east germany was founded the factory shifted gear and production was focused on this car the trip and powered by a smoky 2 stroke engine it was billed as a car for the people but money and politics were to shape the turbulence production history this more modern prototype with a 4 stroke engine never entered production that's because the government like the money to do so. and business 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 time 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 captive market disappeared production of the true brand ended less than 18 months later. now to some of the other global business stories making news one of 3 parachutes failed to open during a crucial unmanned test of boeing c.s.t. 100 starliner despite the parachute failure boeing declared the spacecraft abort test a success the system 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 2 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. it's been almost a week since lebanese prime minister saad hariri resigned following widespread protests that have been raging since mid october calling for an end to deeply rooted corruption and mismanaged rule but that's almost has cost the country economically the w spoke to the governor of the lebanese central bank may feel here and in the next report. the protesters are blocking major roads in lebanon again just days after they dismantle the roadblocks following prime minister how to decision to step down they don't trust the promises of the new leaders and honest i did outside people that are promising reform are the same ones who ruin the country initially they aren't just doling they are undermining the situation has become an obvious that

a little bit you know how did it all i must leave because they are all thieves from the top of the pyramid to its base. was a lot of. lebanon's economy is ailing corruption is rampant and debt is spiraling youth unemployment is at almost 40 percent some analysts say lebanon is on the verge of bankruptcy riyad salome the governor of the lebanese central bank told d.w. in an exclusive interview that that's not the case. what i said is that we need solutions within days to regain market trust the lebanese economy will not collapse within days the situation is now in the hands of the political leaders and parties. because the starting point to regain trust in the normal running of the economy is in the hands of the country's politicians.

but time could be running out many schools stores and offices are closed due to the roadblocks people cannot get to work supplies are running out economic pressure on the government is mounting. the heaviest rains in years have so parts of new south wales in australia that comes as welcome relief in a region 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 mud 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. bryan hunt is not exactly ecstatic despite the rain.

so many tanks and. 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 but we noted pretty quick. to be. 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. thanks for watching.

carefully. to dig a. few. discovered. her.

subscribe to the documentary. i think is everything 1st i became a muslim. school much different culture between here and there challenging for if. least. to some of the so i think it was worth it for me to come to germany. i got my license to work as a swimming instructor should now our 2 children one who don't subscribe to just. what's your story take part share it on info migrants dot. com not all think out of the jam. just sometimes out place and nothing which would happen. thanks deep into the german culture looking at the stereotypes the question

if you think the future of the country that i know not. yet you can see everything that is grandma down to me it's all about ok. i'm rachel join me for me to get you. post. greetings from berlin and a warm welcome to our arts and culture news and at the top of a big week here in germany here's what's coming up on the show. looking to the 30th anniversary of the fall of the berlin wall later this week former east germany civil rights activist tells us how she experienced the night of november 9th 1989. and the beethoven pastoral project inspired by his famous 6 symphony.

actively with today's urgent questions of environmental protection and climate change. but 1st the fallout of brecht's it whether it ultimately happens or not has been felt in the british capital for months now many companies with u.k. operations have announced plant and office closures and london itself is hard hit as banks and financial firms take precautionary measures with many shifting assets to the european mainland no wonder then that the art market has reacted in kind with many london galleries making their contingency plans and so far the winner on that front is paris. art dealer david's warner has 3 galleries new york one.