you mentioned change so i think it's fair to say that i can see her changing her views and we have to keep in mind she is a prodigy of late justice scalia and it is hard to believe that she really deeply will change her approach to political stands in washington bureau chief in us poll reporting thank you and thank you so much for watching stick around sheldon allow is up next. up today don't miss our highlights. program online w dot com highlights. every day counts for us and for our planet. goodnight business way to bring you live concerts but. how do we see the screen how can we protect our budgets what to do with all our waste.

we can make a difference by choosing smart new solutions or overstaying set in our way some. good ideas come into a series of inclusive towns and to double down. who'll be the next head of the world trade organization nigeria's former finance minister gets the backing of all 27 countries to become the 1st woman and the 1st african to head for w o. r u wed report says the rich countries are exporting millions of dangerous dirty cars to developing nations and it's emerging time to clean their act up.

and we take you to bolivia salt lake which sits atop a huge livio deposit but a german led project to mine the lucrative metal faces off position from the community. this is the business i'm in in berlin thanks for joining us the e.u. is throwing its weight behind nigeria's former finance minister ngozi a con job to become the 1st african head of the world trade organization the final decision will be taken at the w t o next month but ambassadors from the $27.00 nations in the e.u. say the 66 year old economist is the favorite to replace brazil's recuerdos as a vet at the w t o a condo it would also be the 1st woman to leave the institution. now george arena bureau has been following this story for us good to see you joy joy what more can you tell us about miss a conduit. well i now i think many

know who she is but she has served as an injury finance and foreign affairs minister and while the minister for finance she actually did. get out of sort of a recession that he was going through and also she. hellcat most of nature is extended. by about 60 percent in 2005 years also credited for having all of us saw nigeria's 1st sort of reign critic retain and so she has that new groups each a role in the different positions that she has sat in she's also saved as a developer and economist at the world bank where she has also glee many different roles in many developing countries including asia and africa now certainly

a very impressive resume from what you tell me but can you tell me how do you think the w t o would look like under her leadership. i think she comes with the wealth of experience that she has gained over the years not just 70 managerial battles as having at the different international going to. like the world bank and the rockefeller foundation as well as the different boards that she has gone but i think more is really the fact that she has and recognition for improving financial stability in the different roles that she has served in and also for storing fiscal transparency and that in itself age if you look at what's going on right now globally i mean with the carbon 19 prices this is just put the global economy into a sort of recession and so is she is probably going to have to pull up her strengths and show as much you can do in terms of integrating countries as well

with protectionism coming to the reform or from countries like the united states and china trade was she's now going to have to play the role of unifying and a lot of roof form as well that is going to be expected from her africa also expecting that she's going to put a case for them. as a result of being african from the african continent but whether or not she'll be able to do that we cannot tell that hopefully if she gets the support that she needs to be able to do that briefly if they can can you tell me if there's anything else that her being the 1st director on director general from africa would mean for the continent. africa in my view should not put a lot of expectations on her because as a director general she does not influence global tree policy and so the fact that

she is going to be from africa my not exactly mean that africa is going to have free a trip with the rest of the well but what we can expect for sure is that she will put it into context some of the issues like terri escalation when it comes to trading with the developed countries on the table for more illegals emotions to happen and possibly we could see that some of the policies that work against africa is trade revised thank you very much for your analysis our correspondent joy green there are there. car ownership is growing around the world and that's not expected to stop anytime soon but there's quantity and there's quality a report from the united nations says rich countries are dumping millions of quote dangerous and dirty cars in developing nations here's more. millions of used cars many buses and vans from europe and america end up on african roads every year many

are no longer fit to drive pumping out excessive emissions causing far more air pollution the new models the outcome of the un environment agencies latest report the report shows that between 20152214 1000000 used vehicles were exported worldwide 80 some 80 percent of those went to low and middle income countries with more than half going to africa europe said developed countries must stop exporting vehicles that failing vironment role in safety inspections and are no longer considered roadworthy in their own countries. more and more african countries want minimum standards that ensure only safe environmentally friendly or vehicles are cleared for import. but a total ban on used car imports to africa would be counterproductive for development. mobility is crucial and domestic markets produce very few if any vehicles so the united nations has started an initiative to set minimum standards

for used car imports. are already in force in several african countries including kenya gonna on the ivory coast. now to some of the other global business stories making news. british oil giant b.p. reported a small profit for the 3rd quarter of the year the $100000000.00 figure for july through september of analyst expectations it's also a significant improvement from the 2nd part of the year when it posted a near $7000000000.00 loss. south korea's economy expanded in the 3rd quarter growing almost 2 percent from the previous 3 mm hm. period economists president a sharp rise in exports the south korean economy is still in recovery mode however those 3rd quarter figures are still down more than one percent from the same period last year. just b.c. says it's flipping its income model after 3rd quarter profits fell 35 percent

europe's biggest bank says the restructuring will mean changing from interest rates based model to a fee based business h.s.b.c. says it has also resumed its cut its cuts of 35000 jobs worldwide. nearly 200 european airports could face insolvency inside a few months if passenger traffic and revenues don't start picking up again by years and airports body europe says mainly a smaller regional airports with fewer than 5000000 passengers a year are moves that risk a.c.i. says they provide 277000 jobs and $12400000000.00 euros of european g.d.p. 8 months into the pandemic even europe's bigger airports are burning through cash just to stay open. bolivia's president elect luis arthur says the value of domestic lithium production could rise to $2000000000.00 by the end of his term it's an important announcement for the country that said to hold the biggest

reserves of the metal in the world and for a german company heavily invested in a mining project that's been on hold. it's a veritable treasure trove an enormous lithium deposit on the bolivia's a uni salt lake the metal is essential in batteries for the likes of electric cars the local mass says his area wants to be part of the lithium boom. all the communities around this salt lake and all bolivian should benefit from the lithium treasure and bedded in the salt crust. back in 2018 there were smiles all round in berlin when germany and bolivia signed the lithium mining pact it wasn't tesla rural china lucky enough to seal the deal with a c.i. systems a medium sized company from boston vuitton bag their winning idea and sustainable plan to extract the metal using an efficient new method. panfilo in his community are in favor of lithium extraction with the help of the germans but they feel left

out of the process and are asking for financial compensation. residents have to share in the profits because we'll feel the effects of lithium industrialization here in our community. one of the opponents of the project distrusts the germans and the deal in general. they want to mine our raw material behind our backs with their 70 year contract the germans may be a good partner but they have neither of the financial resources nor the technology . the opponents are simply misinformed says economist here neighbor mero who launched the project with the job and. fortunately our project is at risk of. victim to political game playing it's the only place in the world when we think of mining and battery production will both take place on site. but i do still is going to lead to a been. comfy

low continues to back the germans but he wants environmental commitments before mining takes place especially when it comes to water consumption. alternative ways must be found to supply the lithium factory with water in the future if they only tap our well will ruin our children's future. for google the merciless. german company won the contract but now the real hard work begins not just mining but persuading communities like rio grande day that the government made the right choice. and for the art lovers among you a sculpture a bicyclist artist a committee is being auctioned by southern tuesday afternoon london time but this is no usual auction the over 2 and a half meter tall bronze of

a spindly female figure was cast in 1960 interested buyers can make only one secret bed of at least $90000000.00 the work goes to the highest bidder if it is at least 5 percent higher than the 2nd highest otherwise a 2nd betting round is held. and that's all from me and the business team here in berlin for more do check out the on slash business are follow us on social media i'm joined now the man thank you for watching.

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going. right. our 2 part series the 3rd reich the dog starts nov 12th on d w o. you're watching news a chair coming up today a last minute push by the trumpet ministration to flex its muscle against china top diplomats are in delhi to finalize a security deal to look at what india stands to gain or lose by siding with u.s. interests in the region. meanwhile china faces the future with confidence telling the u.s. and the world to prepare for a new era of.