here's our financial correspondent, frankfurt. chelsea laney. this has been held as a major breakthrough for us relations under the new biden ministration. and it will be celebrated by boeing and airbus whose aircraft had gotten more expensive to their customers because of these terrorists. but it also will benefit the other industries that are gotten flipped up in this u. s. terror for as well. everything from french wine to spanish, all lives to florida. orange juice had to face tourists as well because of the subsidy dispute. at the same time, there still are a lot of outgoing issues facing the you in the u. s. going forward, things like that. women, i'm still tariffs that remain in place on you, metals that were imposed on the trump administration, as well as the, the broader question of how closely the e u. plans to align itself with the u. s. and their battle with china over a competition. financial correspondence shows his laney there as chelsea noted, there are other terrorists dispute, including the steel levies imposed by the u. s. in

we asked our financial correspondent frankfurt. chelsea laney . it. this isn't just a slap on the wrist for someone like once a quarter. this is been described as a record settlement for an executive of a german company, but it certainly pales in comparison to the more than 30000000000 euros that volkswagen has had to pay out itself for the diesel gate scandal. initially, volkswagen was reportedly seeking about $1000000000.00 euros from winter corn and other executives, and that's the amount that bill so i can believe they would have saved if these executives would move faster after hearing about the allegations of shooting at the company. volkswagen has really been trying to put duplicate behind them. they've been making a lot of roads into electric vehicles. but the diesel gate, kendall, is certainly far from over a winter point today was also charged and berlin with lying to a parliamentary committee, he also was facing a criminal fraud case in september as well. there still thousands and thousands about getting lawsuits from investors from custome

slack or do you see be director christine regard there or financial correspondent in frankfort. chelsea laney was watching that press conference. here's her report. the main question heading into a c. v meeting was how the central bank would handle the big run up we've seen and inflation this year. the answer is seems to be by keeping calm and carrying on the c. b does acknowledge that inflation, but also economic growth is going to rise at a faster pace this year than previously expected. but they say many of these factors driving inflation or temporary things like supply chain shortages for things like semi conductors. they don't expect us to be a long term trend at the same time. the e. c. b is still very concerned about what the long term effects of depend. demik are going to be on, on the job market, on businesses. so they want to keep stimulus in effect until they have more security. and the fact that the economy has fully recovered from the pandemic hit or financial correspondent in frankfurt. they're chelsea delaney and speaking of inflation, one country that's all to familiar with it

b director christine, regard their or financial correspondent in frankfort. chelsea laney was watching that press conference. here's her report. the main question heading into the plays a c. b meeting was how the central bank would handle the big run up we've seen and inflation this year. the answer is seems to be by keeping calm and carrying on the c. b does acknowledge that inflation, but also economic growth is going to rise at a faster pace this year than previously expected. but they say many of the factors driving inflation are temporary. things like supply chain shortages for things like semi conductors. they don't expect us to be a long term trend at the same time. the e. c. b is still very concerned about what the long term effects of the pen demik are going to be on. on the job market on businesses, so they want to keep stimulus in effect until they have more on country that's all too familiar with it. zimbabwe it's central bank now projects, year on year inflation to flow sharply from an expected 105 percent this month. to 55 percent in july, that would bring the official ra

w financial correspondent, chelsea laney there. alright. a shot, a shining tower in the middle of the desert. it's no mirage. it's latin america's 1st thermo solar power plant and it's in the center of chillies at the comma desert . one of the sun is places on earth. it might as well have been put on mars. this futuristic side is to say, or don't mean that dollar power plant a 1400000000 dollar project that has been developed in a comma desert. more than $10000.00 collectors follow the sun to reflect radiation . under the top of a tower, 250 meters high. the heat moves through molten salt into a water producing superheated, steam to the last 210 megawatts enough to power 380000 homes in the country. been out of money when at the opening ceremony, gillian presidents the bus get nearer spoke of the dawn of a new age full by pover sheila yes it would be a poor country when it came to energy sources. we had little oil, a little cold, little gas, but we are immensely rich when it comes to the energy of the future. we have the desert with the hig

here's our financial correspondent, frankfurt. chelsea laney. this has been held as a major breakthrough for us relations under the new, by then ministration. and it will be celebrated by boeing and airbus whose aircraft had gotten more expensive to their customers because of these tariffs. but it also will benefit the other industries that have gotten flipped up in the u. s. terra for as well. everything from french wine to spanish, all lives to florida, orange juice had faced her as well because of the subsidy dispute. at the same time, there still are a lot about getting issues the, the thing the you and the u. s. going forward, things like that, women steel tariffs that remain in place on you, metals that were imposed into the trump administration, as well as the broader question as how closely the you plans to align itself with the u. s. and their battle with china over a competition financial correspondent, chelsea's laney there. as chelsea noted, there are other tariffs at dispute including the steel levies imposed by the u. s. in 2018. a

from investors from customers, and these are likely to spend on for years. finish correspond. chelsea laney there . paris. the city of lights felt a little bit lighter on wednesday. the city's famed restaurants opening once again to indoor diners. falling a pause of 7 months to the pandemic. diners are keen to be back and restaurant owners eager to make up what they've lost to look. this restaurant manager norman paris feels he's moving one step closer to normality. he's finally allowed to welcome guests inside and you as his terrorist at full, instead of me half capacity. i can always go, i normally when it's raining, we can let our line sit inside of your in corona virus restrictions, we had to turn them away. now we can stay open until 11 pm, which means we don't have to rush our climb over. the restaurants turn the plummeted by 65 percent over the past year, with a loss only partly made up for by government subsidies. the director hopes the cafe will soon be running at full speed again because travel restrictions are also easing like this. we have many of our clients that fill the gap l

w financial corresponded. chelsea laney there. alright. a shot, a shining tower in the middle of the desert. it's no mirage. it's latin america's 1st thermo solar power plant and it's in the center of chillies at the comma desert . one of the sun is places on earth. it might as well have been put on mars. this futuristic site is the seal or don't mean that dollar power plant. a $1400000000.00 project that has been developed and the comma desert, more than $10000.00 collectors, follow the sun to reflect radiation on the top of a tower. 250 meters high. the heat moves through molten salt into water, producing superheated steam, you know, to the, to last 210 megawatts enough to power 380000 homes in the country. been over my head. when at the opening ceremony chilion presidents, the bus kept nearer, spoke of the dawn of a new age. se healey by pover sheila, yes, it would be a poor country when it came to energy sources. we had little oil, a little cold, little gas, but we are men really rich when it comes to the energy of the future. we have