to have continued transit gas traffic but we believe that not true and is no danger to diversification in the united states also hates north string to washington wants the e.u. to buy liquid natural gas from the united states which incidentally comes in a lot more expensive than piping it directly from russia to the itself in fact the u.s. ambassador to burley and richard grinnell his want german companies about getting involved with north stream saying if they do they could face sanctions and ambassador grinnell put his name to a letter along with the u.s. ambassadors to denmark and the european union saying why they were against north stream to. with the use dependence on russian gas harbors risks for europe and the west as a whole and puts a soul in the precarious position stream to do it the more than just russian gas russia smarts an influence will spread all the way to europe with the votes on friday it could well prove to be a stumbling block in getting the nod stream to project off the ground that well certainly neither russia nor the german side thought they were going to be facing. an acceptable and contradictory doctors without borders has descri

ukraine to have continued transit gas traffic but we believe that north stream is no danger to diversification the united states also hates north string to washington wants the e.u. to buy liquid natural gas from the united states which incidentally comes in a lot more expensive than piping it directly from russia to the itself in fact the u.s. ambassador to burn in richard grinnell his.

e.u. nations like poland and slovakia the vote on making changes to the gas directive are set for friday germany is firmly against these changes the reasons will become clear in the moment this e.u. law that they wanted to change would essentially give brussels and in particular the e.u. commission a lot more sway over projects like north stream too including things like separating the the actual gas pipeline from the gas that's sold from that pipeline also allowing third parties access to the pipeline it would be allowed to do this because north stream too would be financed as a third party energy project gazprom the russian gas giant is financing the whole project their financing the main part of the project anyway we had thought heading into friday's vote that germany along with france the netherlands belgium austria greece and cyprus would all vote against changes to the gas directive however the fact that that might not go through becomes a lot more shaky when you safe see france may be about to make a u. turn there and vote in favor of it be looking to see if any other nations follow suit

and speed of who is going to achieve some targets ip the new e.u. gas directive or the construction and operation of these new parts ok so it's something like a race against the clock but then we heard of this compromise that's been adopted what does this latest turn of events mean for the project. well i think this is a testimony is that this fight is all about i mean what we heard yesterday was that france was going to be in favor of the new e.u. directive and this could have mean that the majority of the member states would have moved against to as as you stated germany is a strong supporter of this pipe and has been i think politically astute astute to find and to reach a compromise as he said as a compromise that out of germany to implement the rule and so what we can say is yesterday we would have said that the fate of those who was might be case that france was going to have her protest against lindstrom too but with this compromise i mean this new directive will have very little impact or not seem to. have a boss there speaking to us from paris

e.u. member states can live with it requires all gas pipelines in europe to comply with the e.u. law even those operated by third countries such as russia it stipulates that the natural gas producers may not also operate pipelines that would be bad news for russia's gas prom the kremlin controlled company operates north stream too and provides the gas for it the agreement would allow berlin to work out special rules with russia but the european commission in brussels would have the final say on any exceptions. rippin commission should take responsibility for the negotiations with such countries all too old to ryse the member stage for such a negotiations but at the end of negotiations or the member states it is necessary to mystify the result to zero people coming in from before signing and if the. north stream has been a point of contention between germany and eastern european members they opposed the first nord stream pipeline which opened under the baltic sea seven years ago now nord stream two will double that capacity when it opens at the end of this year the new pipes could

business and energy specialist recognize there's been a wholesale change in how both gas is regulated in europe by the e.u. as well as is in gas markets as you know very well and your and your watchers know the germans are moving to phase out coal production you have in the process of phasing out your nuclear production and indigenous european gas production is going down so germany and europe as a whole has to buy more gas abroad not only from russia but from norway from liquefied l.n.g. from the united states. gas from north africa so. north stream too is only part of a broader effort to provide more gas to europe and germany over the next twenty to thirty years which it will need in order to maintain. it's current growth trajectory so this pick up. because of course the u.s. as you've just mentioned plans to pipe liquefied gas into the e.u. so one wonders how much it's its objections to north stream or about trying to. ensure that it has a big proportion of the market sure. it's very clear and president trump has made that very clear and he said it publicly. the official policy of the trumpet ministrat

e.u. vote on a russian gas pipelines in germany and suddenly the massive north stream to project is under doubt despite the fact the work is already underway i'll give you the latest. also the latest blow to a digital giant in europe germany's antitrust office telling facebook that its data collection across the internet and on its mobile applications is anticompetitive. and air bust in trouble carrier quantas cancels a large three eighty order raising more questions over the future of the world's biggest. m c thanks for joining us it's been years in the making a second north korean pipeline to deliver russian gas directly to the german coast though a controversial projects not least given its geo political implications north stream two has survived with just enough support across europe now on the eve of a critical vote that could be changing here's a look at the project construction of the north stream two pipeline is already well underway but the face of the project lies in the. e.u. members have not yet agreed on how to proceed and germany and france in particular and peered to be at

business news from asia but first an update on a highly controversial gas pipeline project that runs from russia to germany the e.u. has been divided in its support for the project which critics say would make the bloc too dependent on russian gas germany however stressed the project's economic benefits now ahead of a crucial e.u. decision on a new directive that would impact the so-called nor to stream to project france and germany submitted a draft compromise on the issue which the e.u. has just adopted in a moment we'll get some insight into that quite complex story but first this report six hundred kilometers of the nord stream to pipeline have already been installed but the political problem surrounding it has still yet to be resolved this week france added its voice to those feeling uneasy about the project. this is what's at stake the pipeline would transport gas from russia to germany by the boat exceed the project in its current form is operated by the russian state energy company gazprom. and that's exactly what critics including president trump of the united states objected. the dependency from russian

a possible compromise over a controversial pipeline bringing russian gas to germany as the e.u. sets out new rules for north story. welcome to g.w. business i'm john el-gamal on high hopes for a resolution to the u.s. china tariff dispute as negotiations continue this week signals from u.s. president donald trump that he may extend the trade truce be on march one have been followed by reports of an upcoming high level meeting no less than chinese president xi jinping is supposedly set to meet top u.s. officials on friday but the stakes remain high and a lot can still happen between now and then the u.s. president donald trump spent the day in washington entertaining his colombian counterparts but that didn't stop him from weighing in on the progress of trade talks in beijing. it's going along very well we'll see what happens but i think it's going along very well they're showing this tremendous respect. something which a lot of countries didn't used to show the united states showing us respect. big difference from the old. so. deal with china is going very well the economy is do

and a possible compromise over a controversial pipeline bringing russian gas to germany as the e.u. sets out new rules for north stream. welcome to do business i want to get jones in berlin good to have you with us so european aviation says it is discontinuing its superjumbo passenger jet to the a three eighty after a major orders by australia squanto us allies and to dubai's emirates were canceled good news for rival boeing in a major blow for airbus the company had hoped the a three eighty would squeeze out a boeing six seven four seven hundred or missionize air travel but airlines have been cautious about committing to the costly double decker planes the two story a three eighty took off for the first time in two thousand and eight and it seats five hundred passengers. all right let's get some market reaction now straight away from our market correspondent ali bods who joins us early in frankfurt is probably still quiet around you ali i don't course we've been talking about the a three eighty for a long time now it has been a slow seller does today's decision come as a surprise.

gas pipeline project nord stream. commenting on the german chancellor. america lauded franco german cooperation. after it was previously suggested paris was seeking to derail it. takes us through know how an amended e.u. order on gas got the enterprise back on track the directive is now a compromise between frogs between germany which means the project will be still going ahead though it looked like it was set to be derailed off to france announced on thursday that it was actually going to support an e.u. directive that could have complete east scuppered this entire pipeline this is a pipeline that would bring gas directly from russia roy the way through germany it even had gone to the point that suggested that there was a diplomatic tensions between the two countries over this project what had caused president mike going to pull out of the munich security conference where he was due to be holding a joint press conference with anglo merkel frogs had raised concerns about the project saying that it would mean that europe would be far too dependent on russia when it comes to energy and it could also have a conflict of interest for other countries particularly eastern european countries such as poland a

has become an exporter of gas and will be wants in seeing export back to the e.u. which of course means competition if russia is providing yet more gas to the e.u. via the very controversial north stream to pipeline so there's more to this issue than meets the eye really earth political analyst with me here in the studio and i'd like also to thank barbara riis. in the of brussels apologies for the audio connection but we'll catch up i hope can exploit it are i want to move on now to some of the other stories making news around the world france is recalling its ambassador to leave amid mounting tension after in these deputy prime minister met french yellow vests protesters paris is also angry about a string of critical comments directed towards the president in one of my columns government but it leads to deputy prime ministers. british prime minister theresa may and european commission president have pledged to continue talks about breaks it but younger once again refused to renegotiate the terms of the already agreed with raul deal overseeing britain's divorce from

e.u. rules which are seen as a threat to a major gas pipeline project linking russia and germany also coming up urgency oh richard branson gears up for a summer trip to space head of his paying customers and germany's tech darling verses the financial times wire car considers a lawsuit against the paper our financial correspondent. thanks for joining us even leaders are to decide on the future of the controversial north stream to pipeline later today and this is season could have wide ranging consequences the pipeline will run from russia under the baltic sea and supply gas directly to germany it is set to go into operation leave this year now in a surprise move by germany's ally france spoke out in favor of more european regulation on projects like this putting what some say is a key part of germany's energy strategy under threat. construction of the north stream to pipeline is a ready well underway but the face of the project life in the balance e.u. members have not yet agreed on how to proceed and germany and france in particular appear to be at odds over regulation this is what's at sta

it will take a little bit of time and we need it to abate or twisting in and gas from and again if we need to be under the e.u. us and make the project worthwhile for gas from to operated to run it well this projects will be profitable if it runs out hundred percent id on the base to that level as more streamlined and you've seen these not seem on the ready we have that debate of of a difficult history at least gas from in this and we allow the north one to operate at less than fifty percent and this food whether these are scared kind of think that that happened to break the pipe lines is that less than fifty percent then it's going to be much less profitable east. now obviously this is a politically sensitive topic as some say germany's energy security is under threat if north stream through shouldn't come to pass how dependent is germany on gas coming through this very pipeline out of russia. let's make it very simple germany is the biggest us market at the level eight consumes as something like ninety nine zero billion cubic meter of just stadia. it's fifty five b.c.f. to east fifty five b.c. and so if you

e.u. members reach accord on the controversial gas pipeline project linking russia with germany but only after a last minute compromise will tell you what the deal means for nord stream to. also what would you do with an extra five hundred sixty euros a month with no strings attached finland's government just wrapped its basic income experiment and we'll tell you what they found. and germany's economic outlook for twenty nineteen may have slipped in recent days but the country can always look back on better times like twenty eighteen new figures show it was another record year for exports. i'm stephen beard zimmer lent thanks for joining me nord stream to germany's controversial gas pipeline project with russia has cleared a critical stumbling block following a new compromise between berlin and paris france had threatened to withhold that support at a critical juncture leading to talk of a fall out between berlin and paris especially after the french president canceled a joint appearance in munich german chancellor angela merkel now says the project is back on the right path is the not the two

business news from asia but first an update on a highly controversial gas pipeline project that runs from russia to germany the e.u. has been divided in its support for the project which critics say which may. the bloc too dependent on russian gas germany however stressed the project's economic benefits now ahead of a crucial e.u. decision on a new directive that would impact the so-called nor to stream to project france and germany submitted a draft compromise on the issue which the e.u. has just adopted in a moment we'll get some insight into that quite complex story but first this report six hundred kilometers of the nord stream to pipeline have already been installed but the political problem surrounding it has still yet to be resolved this week france added its voice to those feeling uneasy about the project.

e.u. regulations require a separation of gas sales and pipeline operation activities should those rules be extended to gas problem it would mean that the project in its current form at least could not proceed. for more on the story i'm now joined by above a visit from brussels and brady right here with me in berlin but i want to start with you if i may this last minute announcement today by france that it could support new e.u. guidelines extending the blocs control over the project how much of a setback is that for germany. there would be a setback if in fact it would proceed immediately however things will not go very quickly because the european parliament if it comes to the vote tomorrow will then have to look at the regulation discuss it and vote on it also and also there might be legal challenges in the back of all this because it is complicated the question is can the e.u. really regulate outside of its own territory does it have the competence to sort of tighten regulations on pipeline projects that come from outside from third countries and so this it's not as easy and as clear cu

e.u. is expected today to pass tougher regulations that could halt a planned gas pipeline between germany and russia the u.s. is also pressuring berlin over the project warning that it could undermine european security chancellor angela merkel says that the criticism is unfounded. and the first trucks carrying humanitarian aid for venezuelans have arrived at the colombian border the military has a wrecked and barriers to prevent the food and medicine from entering the country president nicolas maduro denies there is a manic tearing of the crisis and says that the shipments are part of a u.s. led to attempt its. you're watching news i'm sarah kelly in berlin with a whole lot more coming up after a short break. from all of us here at the that's all for the news for now thank you so much for watching. what's. the look. for the paper of course. to sleep every weekend here on w.

e.u. proposal to change the gas directive as a basis meaning that north stream two will still have to be unbundled meaning that in one hand you have the infrastructure so the actual pipeline and in the other hand you have the delivery of the gas so providing the substance the gas and that still needs to be worked out but what's good for the germans here is that they will be in the driver's seat for the negotiations in the earlier proposal this would have been negotiated by the e.u. commission by all the countries that are touched by this pipeline meaning countries like poland like a lot the very much opposed to the pipeline of course also russia so this makes the whole process easier for germany so they important for gemini because for jim really know what stream to gas pipeline is really important was energy security but why then has it been so controversial in europe it's controversial because many states especially in the east fear that russia is not only to export is not only going to export gas but also influence because like you said this might or in their eyes might make germany a little mo

ukraine to have continued transit gas traffic but we believe that north street is no danger to diversification the united states also hates nord stream to washington wants the e.u. to buy liquid natural gas from the united states which incidentally comes in a lot more expensive than piping it directly from russia to the itself in fact the u.s. ambassador to burn in richard grinnell his want german companies about getting involved with north stream saying if they do they could face sanctions and ambassador grinnell put his name to a letter along with the u.s. ambassadors to denmark and the european union saying why they were against north stream to. the use dependence on russian gas hobbits risks for europe and the west as a whole and puts a soul in the precarious position nordstrom too will do in the more than just russian gas russia smites an influence will spread all the way to europe the votes on friday it could well prove to be a stumbling block in getting the notes stream to project off the ground that well certainly neither russia nor the german side thought they were going to be facing that is our law for now but plenty more news on views on our website

earlier before and of course they want to sell their gas to you to do to europe in order to make a profit and giantland younger the head of the e.u. commission already promised president trump that we will buy more liquefied gas from the united states if the u.s. does not increase tariffs on european goods cars cars made in germany for example so there's a mutual interest from both sides of the atlantic thanks for explaining that the translation your view you have from a deed of the business that. stay in the united states where republicans and democrats have reached a tentative agreement on border security to prevent another government shutdown the deal includes nearly one point four billion dollars for new barriers along the us mexico border and that's just a fraction of the amount president trump wanted to build his war given that it is not clear whether he will sign this deal. rob. there was no escaping the message at this rally in el paso texas president or no trump has promised to build a wall along the us mexico border and despite a political backlash he says it will still happen. setting the sage was setting the table we'

e.u. vote on a russian gas pipelines in germany and suddenly the massive north stream to project is under doubt despite the fact the work is already underway i'll give you the latest. also the latest blow to a digital giant in europe germany's antitrust office telling facebook that its data collect.

has become an exploiter of gas will be interested too in exporting that gas to the e.u. so there is certainly an element here of the u.s. keeping its own interests at heart just america didn't miss a beat she pushed back quite resolutely saying this is not majorly beholden to russia so i'm wondering kate how far apart are washington and berlin on this particular issue well that gap between the two on this particular issue has certainly widened in the conflict between berlin and washington over north stream too has increased particularly as you mentioned before since donald trump became the us president and also since richard grenell came to berlin as the us ambassador last may and we've seen that really escalate even earlier this year already we heard reports that grinnell was actually threatened in german companies who were involved or who are involved in the north stream to pipeline he was reportedly threatening them with sanctions and at the same time they're germany hasn't ruled out buying gas from the u.s. to bump up its supply that it would be getting that it is ge

e.u. energy infrastructure overly reliant on russian gas and that could potentially be used as a political tool by moscow well that prompted the u.s. ambassador here in germany richard grinnell to send out letters at the beginning of the year to german companies involved in the project saying that there was a significant risk of sanctions should they continue their involvement a month later the ambassador was again talking about nord stream to this time he said that germany should use the project to leverage against moscow a sentiment that was well picked upon and repeated by the u.s. vice president mike pence in munich just last weekend. the united states commands all our european partners who's taken a strong stand against north stream to. and we commend others to do the same and the austrian chancellor went on to say that from his meeting with trump it was clear to him that the united states is particularly unhappy with germany over this issue however but has shown absolutely no sign of being with. tear up and damage its relationship with russia over the pipeline the flag of the i think