a mega merger in the steel industry germany's tousen corp and india's tata agreed to a joint venture how will they size up to the mighty china aids. and conflicted fed prepares its policy update a big test for the us dollar. i'm paying for school and let's do business the scene is set for a jobs battle german industrial giant to some corp is teaming up with indian group tata emerging this steel operations in europe it's the result of a massive global steel glut the news has sent governments scrambling to save jobs. protests have already begun at this to some coke plant where workers have set up a vigil for the jobs they're afraid to lose two thousand in management and another two thousand in production split evenly between the two companies some fear these cuts are only the beginning. here not in the form i don't expect much good to come out of this it seems that after initial cuts there's also a restructuring planned but probably not the problem is that we have to shoulder the burden of the merger we definitely stand against this if we can't stop a merger at least we'll try to get a

merger in the steel industry and the scene is set for a fierce jobs battle german industrial giant tousen corp is teaming up with the indian group tata emerging their steel operations it's the result of a massive global steel glut the news has sent governments and unions scrambling to save jobs. protests have already begun at this to plant where workers have set up a vigil for the jobs they're afraid to lose two thousand in management and another two thousand in production split evenly between the two companies some fear these cuts are only the beginning. you're not in the form i don't expect much good to come out of this it seems that after initial cuts there's also a restructuring plan and the problem of the problem is that we have to shoulder the burden of the merger we definitely stand against this if we can't stop a merger at least we'll try to get as many concessions to workers as possible. we're going to switch this most important for us is how many jobs will be left where they keep all the plants open can we get our trainees into employment that's what we're fighting for. with workers