did they consult a good question. also expressed surprise and said we don't believe that this is the right way to fight races coming up next d w business news argentina's new government plans to tax its way out of a recession but are weary argentinians ready for your taxes stephen beard who's going to have that and all the business news right after this break stay with us. what secrets lie behind this one. discover new adventures in 360 degree. and explore fascinating world heritage sites. d.w. world heritage 360 getting up now. and gemini with.

at any time any place the names. you haven't the benefit of so missing along to see this to come from super. interactive exercises. everything is online. and interactive benjamin 5050 w. . argentina's new government wants to refill state coffers for a recession weary argentinians ready for higher taxes on farm exports and currency exchanges will take a look. also coming up boeing's decision to whole production of its $737.00 max is likely to ripple across the u.s. economy. and more strikes over macross new pension plans in france how will paris

solve a crisis that threatens to spoil christmas for many french holiday makers. this is your business report i'm stephen beard zimbra thanks for joining us argentina's new government has introduced a bill that would hike taxes on farm exports and currency exchanges the legislation would use that extra revenue to support a new state spending an effort to reverse the pain of recent years austerity cuts the country's fiscal situation remains dire with melting debt and high inflation and that leaves the government little room for mistake. currency exchange offices in buenos iris are crowded as more and more argentinians rush to convert their money into u.s. dollars and euros before the new 30 percent tax on foreign currency purchases takes effect it's not the only tax increase imposed by the new left leaning government personal property levies will increase too as will taxes on exports of farm

products the government said it will use part of the revenue to boost social spending pensioners for instance will get a bonus of $160.00 to be paid out in 2 trenches in december and january. this is about stopping the argentine economy from falling while we protect those we can't ask mall from and once again tina stops falling and based on the new policies we will make argentina rise again gotten. the government of president out there to fernandez took office last week he had promised voters to end the harsh austerity policies of his predecessor now he faces the challenge of striking a balance between fulfilling his campaign promises and honoring the country's debt argentina which agreed to $57000000000.00 bailout with the international monetary fund last year has been on the brink of default the economy has continued to shrink and the debt crisis is far from over. over to the u.s.

now where shares of boeing traded lower for the 2nd straight day on tuesday before recovering losses the aircraft makers decision to halt production of its crowded $737.00 max is leading to fears of what that means for employees suppliers and the u.s. economy itself. there are 400 brand new 737 max aircraft parked in boeing's holding area they've been grounded since april this year some are even parked in the employee parking lot the production stop slated for this coming january is a drastic measure and it's bad for boeing's 12000 employees i think hauling production has a pretty major downside that disrupts the whole supply chain that puts labor and terrible. causes. a real loss to the economies of scale that this airplane has that you keep that assembly line go on because of all the efficiencies in october 28th tina 737 max crashed in indonesia then another one

went down in ethiopia last march 346 passengers were killed in those 2 plane crashes with the 737 max is faulty steering software playing a decisive role in both incidents so far boeing has been unable to deliver a software correction that can be approved by the us federal aviation administration their 737 is boeing's best selling aircraft airlines of place thousands of orders so u.s. airlines end european air carriers of had to cancel flights due to lack of aircraft the airlines themselves are in just a terrible spot because they're selling spring break they're selling summer without knowledge of what their fleet is and all parties need to have complete transparency here so we can come up with some reasonable plan you know get this crisis get things back on track the loss of production at boeing might have a ripple effect that could burden the entire u.s.

economy. and let's bring in our financial correspondent in new york in scored a ripple effect there yes do we have a sense of what boeing's production pause might actually mean in the bigger picture . you know we have some estimates overall boeing is one of the biggest industrial companies in the country one of the biggest importing exporting companies as well and also one of the biggest private employers so the effects also will show with the suppliers but just for those planes the 737 max a good 600 supply is by the way not just in the u.s. but also overseas some companies in france of the u.k. also could be impacted economists are just calculating that lets say production will be stopped for the end tire 1st quarter of 2020 that could impact the u.s. economy by point 4.5 percent. a big company there for the u.s.

economy or another topic that could be weighing on markets as u.s. trade representative robert light hisor warning of more tariffs on the e.u. in an effort to slash the american trade deficit what exactly was he threatening. well basically he's not happy it was the trade deficit the u.s. runs with the european union stood at about roughly $170000000000.00 in 2018 and will increase to a good 180000000000 dollars this year and so he is just talking or was talking in an interview about maybe increasing some terrorists were just recently imposed in connection with subsidies to that is one idea to encroach agrees those tears to put some pressure on the european union to eventually make them buy more american goods and we should mention there that similar tariffs could likely go

into effect for subsidies for boeing or that's a bigger story since we're missing boeing they're. there for us in new york and to have more on that later thank you. u.s. senate head of has voted to impose sanctions on companies working on the controversial nord stream 2 gas pipeline that will link russia and germany the measures now await the signature of president donald trump before becoming law the bill aims to halt further construction of the nearly $10000000000.10 euro under the ball fillion route a $10000000000.00 euro pipeline project under the baltic sea the project will double undersea shipments of russian natural gas to germany or bypassing ukraine u.s. lawmakers say nord stream too will channel billions of dollars in revenues to moscow and make europe more reliance on its neighbor in the legislation is a rare challenge to traditional ally germany. over the 2nd time this month the eiffel tower in paris has been forced to close because the staff who operate it

have gone on strike for the closures part of a long running national dispute over pension benefits president manuel mccall wants to overhaul a pension system that allows train drivers and other people under special pension regimes to retire while they're still in their fifty's the strike led to further measuring for commuters and tarus as they face their 13th straight day of disruption and with christmas approaching fast holiday makers worry the strikes could spoil their travel plans take a look at the french government wants to merge 42 existing pension schemes into one workers want to hold on to their retirement packages some with privileges like early retirement and generous benefits that's the case for most transportation workers and they're at the center of the current strike. in paris only 2 metro lines are running frustration is high among passengers at a few stations with a service. i'm clearly flat out. and

now i'm stuck at god you know i have to get to the 15th i don't know how. it's not fair my family are supposed to come to visit me and they won't its them very se. but the striking workers have a different view. this is not about protecting our retirement we're on strike to protect everyone's retirement. with a metro and other trains out of service traffic jams all of our friends are now stretching hundreds of kilometers french president among women home has expressed solidarity with the millions affected by the strike but the show no sign of backing down on pension reform. and staying in france it may be the country's last hand crafted doll factory pretty cologne is still producing over $30000.00 a year using traditional produce that it's employed since 1912. these dolls bodies

are made of bottles free of plastic out of their clothes of pesticide free cotton it sounds very contemporary the petty organically produced dolls have been made the traditional way for more than a century these dolls abide lasted 2 world wars on the rise of global competition we are typical didn't was but the history of the pepsi co long company has been very turbulent but it was destroyed several times when fires during the 1st and 2nd world wars when the face of competition from asian countries it's managed to shrug its shoulders and still resist today it's called ships $15000.00 annually from the factory in a time in the most region along with a further $20000.00 collectors additions that are made by subcontractors each dollars handmade individually by the workers in the factory. we don't really grow up we always say little kids it's nice still we make little girls happy we offer

people wonderful things the usual. we make little girls dream that's a good thing we're like santa claus and helpers. and santa claus will be delivering petty calls handcrafted dolls to girls i'm grown up collectors around the world again this christmas. and a space x. falcon 9 rocket carrying a communications satellite for mobile and broadband service has blasted off from cape canaveral in florida falcon and 1st stage return to earth after boosting the vehicle out of the lower atmosphere performing on target touchdown aboard a space x. drone ship cruising in the atlantic ocean a successful recovery some 8 and a half minutes after launch was faces 47th overall and its 29 aboard a drone ship thanks for watching.

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it sinks into chaos. joan chittister against displacement camps the people the grim steel told her body guard cars. the start of an era that defines overmanaged. 19 said the big meeting today small steps december 23rd w. this is africa coming up in the next 15 minutes africa's people love it and these wide full born refugees in kenya. said they all still risky genes it's a fake shared by millions of africans and many have also. suffered as my friends have come from solves because of what they are going through with them several

times and this comes sometimes i think about killing myself because of the hardship of going the truth. and the broken promises.