you're watching news from berlin business news is up next remember you can follow us on twitter. and there's more on our web site. created today. 97 to. determine coverage in politics business live. wrong people of the islamic revolution. making its initial flirtation but those are strengths in states of emergency sinks into chaos to join the 2nd toughest chance the people threaten to steal.

my car. the start of an era that defines overmanaged. 979 the big meeting today small chance december 23rd. the u.s. and france are clashing over new tax regulations for big tech companies after france announced new duty's for the likes of google and facebook the u.s. warns against changing international rules. also on the show after what the saudi oil minister called a lot of brains squeezing opec countries have agreed to cut oil production to boost prices but the measure may not benefit all members. and startups and innovators are meeting at the car digital show. just to discuss ideas for the future but also how

to finance. and how you know yes it's good to have you with us on business the so-called digital tax foresees new fiscal regulations for companies like google amazon and facebook u.s. treasury secretary steven warned the organization of economic cooperation and development o.e.c.d. against overhauling existing international taxation rules but france sees that very differently. right now global giants like amazon google or facebook can decide themselves in which country they tax their profits or regulation the u.s. in particular would like to preserve the paris ones profits that are made in france to be taxed in france and it's determined to enforce that. the american proposal for a solution which companies choose whether to be taxed or not does not convince me if i haven't seen a lot of companies that freely accept being taxed i've always counted on everyone's

philanthropy but i'm not sure that with regard to public finance it goes a long way so an optional solution obviously will not be acceptable for friends or it so you see the partners do see do the organization for economic cooperation and development is currently working on a proposal for an internationally agreed minimum tax for globally active companies but france plowed ahead this summer with its digital tax other countries like italy plan to follow suit and that has provoked the americans into retaliating with import tariffs on french products. if you double your financial correspondent yes court is joining us for more yes the u.s. is showing quite a lot of resistance to these possible taxation rules would it hurt american companies that much is it such a big deal. well there's a lot of discussion going on 1st of all one of the ideas is that revenue and profits are supposed to get taxed and then well if francis starts the digits of

texas and the u.s. corporations culpably it could deal with that but we also have other countries of the u.k. it's a league canada also have very similar ideas so at the end the bill certainly would i mean we're talking about a multi 1000000000 dollar companies and also washington is not always happy with the big firms from silicon valley but washington is basically saying if those companies get takes that should be within the united states and not brought if you look at the companies themselves so far we have not seen a huge reaction at least when it comes to the stock price google pretty much a trading at an all time high the same is true for a company like facebook do stay with us because i want to discuss another important aspect today the u.s. department of labor released its november jobs report with impressive figures on the labor market economy added 266000 jobs far more than expected the unemployment rate dropped to 3.5 percent and 50 year low additionally figures for september and

october were revised up confirming the u.s. job market is solid as a rock that comes in handy as the u.s. economy is facing several external threats. let's go back to yen so yes of course needless to say this is a great treat for investors at the end of the week. it certainly is straightened out by more than $300.00 points and basically we could cover more or less all the losses that we saw earlier this week when some concerns about the trade dispute was china put some pressure on the stock market this jobs report not everything is picture perfect but overall those were strong numbers actually expectations got beat by about 80000 jobs we have the health care the educational industry where we saw most of the gains and then on top of it we also had a very strong reading on consumer confidence the highest number in about 7 months

and all of this actually did push the stock market further ahead now we have the fed meeting coming up next week on wednesday but no changes are expected specially those overall very solid economic numbers in the bank all right against carter in new york thanks for the analysis and good we can tell you. one of the great advantages of similar right sharing apps is you know exactly who is driving you well at least that's what everyone thought now after several lawsuits were filed over sexual assaults against rival list has revealed how many reports of sexual assaults it received in the u.s. in recent years the numbers are alarming. report made for some sobering reading there were more than 3000 sexual assaults recorded last year 235 of them were of rape this out of a total of 1200000000 journeys 99.9 percent of which was keen to point and did

without the corded incident report which covers 20172018 is the 1st of its kind and comes just 2 weeks after it lost its license to operate in london after drivers using the app were found to have fakes their identity. and it's not just their rifle lift is also facing pressure over its safety record earlier this week 19 women filed lawsuits in san francisco related to sexual assault or rape that happened in vehicles affiliated with the company. his hands touch had woken up to him actually groping. both left and increased screening and background checks for drivers. lift has also pledged to release the safety reports of its own but experts say sexual assault often go under reported and that the problem could be far larger in scale than the figures suggest

. the opec oil cartel and its allies have agreed to cut production by a further half a 1000000 barrels a day that's the equivalent of half a percent of global output the goal is to sustain price since the global economy slows but the cuts are hard for many smaller opec members. saudi arabia and russia call most of the shots when it comes to opec and its allies it was their oil ministers who opened friday's meeting calling 48500000 barrel production cut despite plenty of grumbling from some smaller producing nations the big players got their way in the end. scenarios and options and have come to the conclusion that in order to balance the market $500000.00 barrels per day of additional cuts will be needed. as far as russia is concerned out of these 500000 barrels $70000.00 barrels of additional

cuts will be allocated to russia. there had been disagreements over how to distribute the latest cuts some countries like iraq and nigeria producing more than previously agreed saudi arabia reportedly threatened them with a massive production surge if they didn't stop cheating on their quotas during the press conference saudi arabia's minister sugarcoated his message. i have to be very candid. any of you. we have been consistently. we see everybody committed. at one point even and gold as oil minister whose country has complied with his production cuts stormed out of the meeting thursday night apparently saying he

wanted his country to quit opec but he cooled off and later returned. with markets in their current state there's little surprise a deal was finally reached. the new production cuts take effect on january the 1st oil prices rose sharply on the news. and we got bad news for the german economy this friday fresh figures show industrial production in germany fell sharply in october total factory output in europe's biggest economy fell 1.7 percent compared to the previous month analysts had expected a rise of 0 point one percent the year on year figure was also down by a whopping 5.3 percent. to senegal now where the 4th annual dakar digital show is underway the event gathers startups and innovators with clever solutions for business and the african countries but as always one ingredient will be key to development investment. to the car digital show is

brimming with ideas and creative solutions africa is in the process of developing into a global hope for startups entrepreneurs find plenty of opportunity to fill the gaps in public services with their ideas and projects people like maxie mandy was exhibiting a lamp apparent by solar a chargeable recycled computer batteries that. they're courting to the world bank $1300000000.00 people don't have access to electricity and at the same time $14000.00 tonnes of batteries are produced intro into the environment so we designed a solar lamp which would allow young people who live in areas with no electricity to do their homework after dark. the poor fellow devout and fall under don't be africa's future belongs to the startups something western investors have finally woken up to last year and vestments in the sector quadruples to almost $750000000.00 and expos like the one in to car are seeing visitor numbers soar.

suck i mean the 1st year in 2016 we had a little less than 800 participants on the following year we had 1500 last year we had more than 2500 and this year over $3000.00 with more and more exhibitors every year. with. the majority of african entrepreneurs develop ups with the focus on finance energy supply health and agriculture. and that's all for this edition of business thank you very much for watching and remember you can only stay up to date on the doubly dot com so you better.

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russia. vladimir vladimirovich to the ends justify the means. to tim's witnesses starts december 13th on g.w. . hello and welcome to tomorrow to day with the focus on the nobel prize science awards coming up. we look at some groundbreaking discoveries about the evolution of our universe and the earth's place within it. check out some more earthbound discoveries and new medical treatments that draw in. and we ponder what it takes to come up with such revolutionary insights.