3 princes. dream of the arab world. there are full power and boundless ambition. middle east into a great crisis. but i think principles of the cold starts nov 27th on t w. the european union and singapore agreed to drop tariffs a long awaited free trade deal comes into effect today linking the world's biggest market with the most successful cities states also on the program it was once the ultimate blue chip a tight enough german industry but now still make up this in crude prison crisis

and they're in an inescapable sights on germany's landscapes but has the country reached a peak. conference call welcome to the program the e.u. singapore free trade agreement goes into effect today now that the long awaited bilateral deals operative the partners will begin to phase out trade barriers it is the e.u.'s 1st trade agreement with a member of the association of southeast asian nations or ozzy on a group of countries in the region that have teamed up to promote economic growth now the deal aims to eliminate most tariffs within the next 5 year exceptions are some fisheries and farm products by for trade and goods alone between the e.u. and singapore amounts to 53000000000 euros annually and it's hoped the agreement will result in a rise of up to 10 per cent in bilateral trade the european union is already singapore's most important export destination for. services and singapore is one of

the largest trading partners in southeast asia now let's take a closer look at the matter with kevin heitman eye he's a foreign trade expert at the association of german chambers of industry and commerce good morning to you kevin good to have you here in the studio 1st of all. point out to us it is the this trade deal is the 1st that the e.u.'s claims with a member state of ozzy on how do they link together the e.u. as the biggest single market and singapore as a relatively small city state the morning well singapore as well it of the small iraq that when you look at the population of the size of the area of the land but if you look at trade in the if you look at the economy it's pretty significant the trade problem with germany is roughly around $15000000000.00 euros you can compare that for example to canada which is slightly larger than singapore but the trade value is similar so this is an if it can for the area for the german economy ok so

what significance does this deal have for german businesses well german businesses get all the benefits that a trade agreement usually gets it gets lower tariffs that means lower costs for the companies less bureaucracy for example it also means that we have agreements on emission of standards and if you need to pick it's to go into a specific country but it's also a good sign for international trade right now because we see almost daily new terrorists coming up so it's a good sign for free trade and for would be straight ok by what sort of businesses are german companies linked with singapore and vice versa well this trade deal is pretty significant because there is already a lot of trade for example with their car industry or the machinery or if you look at renewable energies or even medical devices there is already a lot of trade and with this new trade agreement taro's get even lower or eliminate

eliminated to 09 times of a u.s. president that is very much into terrorists or just harbor terrorists for that matter our priorities of export oriented companies shifting towards asia even more well ajor is already very important that is clear but we see. that the countries in asia are getting more interconnected there's this t v p the transpacific partnership with some southeast asian countries there's also the r c e p a big trade economic area including china that is developing and right now we have a new agreement with vietnam the e.u. in vietnam that is to be ratified soon and maybe in the future there will be one agreement between the e.u. and the countries that was going to be my next question what do you what sort of stumbling blocks do you need do you see that need to be cleared in order for this deal with ozzy on to happen well that's still a long way right now we see we are in the moment that the drama companies see more

trade barriers more protectionism on the rise of white so what they us doing right now is we're doing bilateral agreements with many countries in many regions and we need to go step by step so that we have a straight in the wallet so that's the best for the general companies trade you know between the european union and singapore comes into effect today kevin heitman of the association of german chambers of industry and commerce helped us to break the story down kevin thanks so much. a manufacturing of a name to sing copas known around the world the roots of the bridge back into the 18th century making steel and later on production facilities escalators and elevators but still production has turned into a big problem for the steel giant too much cept ability to economics things too much fluctuation in revenue and too much cheap chinese competition stocking prices the company is presenting fresh earnings figures today. in duisburg germany steel recently launched

a pioneering project the use of hydrogen in its blast furnace instead of the usual coal dust is part of just encrypts effort to acquire green credits by making it steel production more climate friendly it aims to reduce c o 2 emissions by at least 80 percent by 2050 but that requires investment and to some group is undergoing the biggest crisis in its history the surge of cheap steel from china has marked recent years with losses and high debt the board is currently being restructured to say now plans to list all or part of its elevator division. elevator is one of the company's most profitable business areas analysts put its value at 12 to 17000000000 euros a number of potential buyers have reportedly joined forces to bid for it. to some group says it intends to concentrate more on the steel business and streamlined it to be more profitable and that means cheaper production and it means layoffs at

present to employees around $160000.00 people worldwide. all right for more let's bring in our financial correspondent in frankfurt conrad what went wrong for to syncro for the company to be in a such desperate need of kathrine. a couple of things went wrong a decade of gold the company burned speeding's of euro's by failing to build you construction sites in the united states and brazil eventually those facilities had to be sold at a huge loss and even today the company is still carrying the negative financial burden of this failed strategy the 2nd thing that went wrong for to some group it's strong with lines of the car industry automotive customers actis and crop the most important customers they account for 28 percent of its total sales so everyone knows of course the difficult times the car makers are going through but the swift

downswing last year or during the last 2 years was not something everyone had foreseen this contributes to the misery of to some group and it's the main reason why investors are so hesitant to lend the company money or invest in its shares. to some group and tata steel wanted to merge their european business the e.u. commission prevented that so far might that have been a mistake given that continues to struggle and tata steel announced this week that plans to axe 3003000 jobs in europe. well of course it's very difficult to say how many jobs would have gone if tata steel europe and coop steel had been allowed to emerge but you're right obviously the top management the tata steel is convinced that it's an able to operate profitably profitably

profitably and keep all those jobs to some kook at the moment is challenging the decision by the e.u. commission it's of course unclear what the outcome might be and to super keeps insisting that its production facilities its steel production is the most modern in this was the most innovative so maybe maybe the situation for to say coop's steel makers might not as not be as bad as the one of tata steel contribution and driver thank you germany is committed to renewable energy and perhaps the biggest symbol of its transition to green power is the wind turbine many thousands of these dot the landscapes across the country generating electricity and cutting the need for fossil fuels but the turbines are far from popular and germany might be running out of places to put them. 206 meters high to catch the wind these turbines in the central german state has to generate

electricity for thousands of households and spitter frank built the small wind park for regional energy provider back in 2016. turbines were approved in record time inside 13 months we developed this project an agreement with the municipality for york. and the eels are good for years wind power has been a profitable business. the german government is pushing to boost the proportion of renewables in the energy mix by 2030 when turbines are a major pillar of the strategy but construction has stagnated like here in the neighboring village of puts. in boats buffed the approval process to considerably longer because the environmental protection issues were more complex but we were in constant dialogue with residents and policy makers. in the end they were given the construction permits but the project has stalled.

the wind turbines could be turning here today we were granted permission more than a year ago but then it was a challenge before and since then the whole process has been stopped and we've been waiting for 12 months for a court hearing now it's been set for january and warm for the opponents include local environmental groups who say when turbines emit infrasound the low frequency noise is below normal human hearing limits but may be harmful they all fly off laws if we suffer from insomnia nervousness dizziness increased blood pressure just to name a few things that can be triggered by this infrasound. close to. what to the but spock residents think opinions on wind power vary here a friend does knysh go to months on it i don't think it's good to put wind turbines in up land areas like this but uses up too much of the land reforms at it but i think it's acceptable if they build it here on the hilltops i think it's far enough

away from the population or the town so it's ok. in future when turbines will have to be located at least a 1000 meters away from houses that makes it more difficult to find areas that are suitable in germany this year only $150.00 new wind turbines will be installed throughout the country that's 80 percent down on last year. we get stuck in approval procedures that go on for years the social acceptance is less high than it once was and the lawsuits take far too long. but without expanding wind power capacity germany looks unlikely to meet its climate targets. and that's our show i'm crossing over and thanks for watching.

1st. i'm sure that of those are. in some form. of a. degree of.

not nothing out of the jam just sometimes i found myself laughing when. the german thinks deep into the gemma culture of looking out stereotypes in here think the future of the country that i now want. to take in this drama. it's all about. i'm rachel join me for me the german from d.w. post. welcome to news from the world of arts and culture here's what's coming up today. british actress jane birkin tempestuous relationship with says guns war and much more revealed in her memoir. and our intrepid baker and europe correspondent their old masters breaking of bread from slovakia which even has been here in the

recipe. but 1st a great deal of contemporary art is open to interpretation however nowadays museums around the world do offer audiogram sides or text placed next to the picture to give some sort of explanation as to what you're looking at a new exhibition at the pinnacle take there more than in munich called simply feelings features 100 works of art with no explanation and the artists remain anonymous the idea is to let the artworks alone feed your emotions. what does art do to us. how does it touch us. what does a picture inspiring us when intuition guides or. is there a connection and how does it feel.

to give a tough i think the way we look at art is always influenced by our individual perspectives and biography.