consumer goods have gone up only one and a half percent leaving workers with more cash the federal court of australia has upheld a record breaking $77400000.00 euro fine imposed on german carmaker false flag and australian authorities say v.w. decide to cvs customers and breached emissions standards in a case linked to the diesel emissions scandal. the world bank says a wave of debts in developing nations has grown faster than at any time in the last 5 decades said if interest rates rise again that could make tens of trillions of debt hard to repay causing a new crisis a german court ruled that u.s. based riding servers cannot offer rides using rented cars started using rental cars as a way of getting around a prohibition on private car owners taking fares and passengers the verdict is a victory for taxi drivers in germany who brought up the case. and that's all from me and the business team here in berlin of course there's much more on our website that's t w dot com and also on our social media feeds i'm chris cobra roland thanks for watching. 1st girl. i'm sure going to. vote in support. of. the re

state charges of attempted murder and one count of burglary and is expected back in federal court january 13th. >> thank you very much. >>> in australias massive wildfires burn out of control, at least 12 people have died with thousands fleeing their homes, and volunteers are battling to save local wildlife including koalas and kangaroos, animal casualties expected to be in the millions. morgan chesky is following this story for us this morning. morgan, good morning >> reporter: good morning. some of these scenes can be describes as simply apocalyptic. thousands waking up to the smoke filled skies winds pushed some of those fires right towards coastal communities. conditions there so bad, the famed sydney fireworks celebration was almost cancelled. and today more than a hundred active fires keep burning. this morning, an australian inferno leaving thousands trapds after bush -- burning through two of the nation's most popular states, wildfires forced thousands out of their homes onto the coast where many sought shelter on the beaches >> pretty extreme. it was very scary. >> get out while we can. >> these people even taking shelter in

quarter of this year gross incomes rose by 3.4 percent compared to the same period last year prices on consumer goods have only gone up 1.5 percent even workers with more cash. and australia's federal court has upheld a record breaking 77400000 euro fine imposed on german carmaker folks astray and authorities say v.w. deceived customers and breached emission standards in a case linked to the diesel emissions scandal. the british central bank will soon have a new governor his name is andrew bailey and he'll take over from mark carney in march 2020. in the past as the deputy governor of the bank of england he is currently serving as the head of the financial conduct of foreign t which cracks down on misconduct in the finance industry britain has delayed the appointment to due to brics it which will have a huge impact on the workings of the central bank. and the world bank's china economic update for december shows that growth there continues to be moderate but will begin to slow next year linda says china is on target to grow by 6 point one percent this year which is unchanged from its prediction in october the rate of growth is expected to drop to 5.29 percent for next year though the wor