this is your business update i'm helena humphrey in berlin thanks for joining me well investors now find themselves facing a period of gridlock after the results of the u.s. midterm elections with need a party likely to be able to enact sweeping legislation economists believe president donald trump may not be able to cut taxes further but it also means that his current tax cuts can't be rolled back they believe the gridlock in washington will keep a check on some of trump's more disruptive market measures like the trade war with china some point out that the u.s. economy often performs well when control of congress is split between republicans and democrats. at least the result of this election shows that the democracy in the united states is still alive and there are controversial debates. also for all of business crucial topics and one major topic is trade policy off donald trump conflict so big conflict. almost starting trade war against china which is threatening the whole world economy and on the other side the trade conflict with the european union. from the point of view of the ge

first, it is over to helena humphrey. helena: they're trying to put the dieselgate scandal behind them. they are announcing their intentions to become the number one carmaker in the world when it comes to electro-mobility. they're putting with -- their money where their mouth is. with stiff competition coming from the likes of china and tesla, the western is if it will be enough. -- the question is if it will be enough. >> they gave the green light for the future plans and billions of euros in investment. boatswain ceos have announced the ambitious plans. -- volkswagen ceos have announced the ambitious plans. >> we e are increasing investmes in green mobility. we are considering participating in battery production and introducing many new electric models. according to insiders, negotiations are already underway for a partnership with these battery cell manufacturer, ski. they have had to buy batteries in asia so far. a lot is about to change in volkswagen's existing works. three locations will be converted into electric ca

developing the investigation getting under way we will see what indeed the authorities conclude helena humphrey here in the studio in frankfurt thank you so much. when i also in germany chancellor angela merkel has called for a diplomatic solution to the standoff between russia and ukraine the two countries have been at loggerheads since a naval crash off the crimean coast over the weekend russia's president vladimir putin says that ukraine orchestrated the incident kiev says it is a prelude to a russian invasion. putting on a show of readiness ukrainian troops dig trenches near the russian border they have been put on alert as martial law comes into effect ukraine's president petro poroshenko visited a military training center urging his troops to get prepared for action even if the mine. will give them no chance to invade into ukraine. that's why today we are doing everything possible to provide extra financing of the armed forces. not to be outdone russia's defense ministry also released a video of training exercises in the south of the country. both sides are blaming your child up for provo

and that's it more news coming off you the top of the hour i'm helena humphrey mbali and do stay with us if you can i. am. sorry for her. car culture. hair. superman. super food. star long gone to lead a. lifestyle you're a. woman. and she's leeway you. waiting for lifeline to syria. morning where are you in a quandary mentoring and. intrigue. brings them closer together. but in terms because they feel powerless to help. passenger and feel like i'm letting people down and items are what. they worry about the ones they slipped behind in. the. line of trying to be strong but deep down i'm broken. the war continues to haunt those flights from syria. and. i'm trying to reach them but nobody answers the war on my phone or to card trick starts december eighth on t w. every one of i'm doing other fun feel this have your own max we are covering lots of ground as usual so let's get right to it here's a look at what's coming up. twice as nice to german chapter.

news line from ballet and i'm helena humphrey and you're watching a special broadcast marking remembrance day in germany. you're watching live images from the german blunders talking for a special service is being held to honor the victims of war and violent oppression during the twentieth century european conflicts twice turned into world wars with hundreds of millions of lives lost and destroyed in both.

i'm helena humphrey glad you could join me the cia believes saudi arabia's powerful crown prince mohammed bin solomon ordered the killing of journalists. as according to news reports in the washington post citing sources familiar with the masa the paper says the crown prince used his brother to look to the consulate in istanbul where he was not it. he has consistently denied having any involvement but now mohammed bin selman is firmly in the spotlight of blame the washington post is reporting that the cia has concluded that saudi arabia's de facto ruler is directly tied to the killing of jamal culture shock she and his briefing parts of the u.s. government about his involvement calling him volatile and arrogant because shock she a critic of the saudi government and columnist for the washington post was killed at the saudi consulate in istanbul on october the second when he went there to pick up documents he needed for his planned marriage to a turkish woman the crown prince has so far they did direct accusations and vowed to bring the killers to justice. the first of all the crime was rea

you're watching the news live from berlin i'm helena humphrey we'll have plenty more you coming up at the top of the hour and don't forget you can always get the latest around the clock on our web site that is of course d w dot com you can also follow us on social media twitter and facebook thank you that is your company and see the very same topic. continental just reinventing itself. as africa's tech scene discovers six true potential. inventors entrepreneurs and high tech professionals talk about their vision successes and day to day business.

it watching the news live from bali not helena humphrey will have plenty more coming up at the top allthe hour thanks for your company and see you again. we make up over a week watches of the under which we are all the symbolism of this. game wants to shape the continent's future. part of it and join youngsters as they share their stories their dreams and their challenges the seventy seven percent platform for africa charting.

you're watching news from berlin plenty more coming up at the top of the hour i'm helena humphrey in balance thanks ever feel company probably. oh you know the fact. there is music and look where we are. open courseware in havana where else. cuba is famous for its music song mumble cha cha cha it's such a musical country and i absolutely adore being here. and i am. i am. what. i'm here in havana for the two thousand and seventeen mozart festival out here on the streets you can hear cuban music on every corner and here in the cathedral there's mozart going on. paper thanks for having me here at your wonderful festival really i'm so happy to be in havana for so mozart and to hear these wonderful musicians performing i remember the first time i came i was so impressed at the standard of musicianship here with your musicians tell me about. where they come from. and then i'm going to get and. i meant them when you want to go company and load up on the checklist and load up with the lawyer. who doesn't want to of mostly goes far enough to. show me. what our families and by might be so for

let's get more from the helena humphrey from v.w. business so welcome however how much trouble. as far as allegations go fail it doesn't really get much more serious than this in terms of banking violations dohrn raids this morning in frankfurt all pertaining to the allegations that stuff bank were involved in the setting up of a separate entity in the british virgin islands a known tax haven to well how's the cash at the assets of around nine hundred clients that shoot off three hundred million euros and or should i say forgotten potentially gotten funds through criminal activity so we're talking about allegations there wrapped up with organized crime certainly recriminations that no bank or company wants on their. ok so this is not the first time the doj a bank has been accused of financial misbehavior no it's not the first time deutsche bank essentially can't seem to shake off the problems that it's had the u.s. federal reserve has it on its list of troubled banks the international monetary fund has called it the most dangerous bank in the world two years ago it was fined fou

the real news lawyer from ballet and i'm helena humphrey and you're watching a special broadcast marking remembrance day here in germany. you're watching live images from the german born. where a special service is being held to honor the victims of war and violent oppression during the twentieth century european conflicts twice turned into world wars with hundreds of millions of lives lost and destroyed in both world will one world war two france and germany pulled on opposite sides today french president of manually michel is invalid to speak at germany's remember and. i am. good to have you with us political correspondent peter craven is with me in the studio to guide you through the ceremony over the next hour and this year remembrance day comes just one week off to french president of monumental mccall hosted its dozens of world leaders in paris to mark one hundred years since the end of the first world war and that anniversary will also be the focus during the ceremony in the brenda's talk today great to have you with us for this ceremony pizza just explain to us what the significa

on this developing story i'm joined here in the studio by helen humphrey all the barts is also standing by with a view from frankfurt helena i'd like to begin with you put this into context for us how big is this for georgia are afraid sara it essentially doesn't get more serious and they say when it comes to the allegations this morning dawn raids in frankfurt in offices in and around the city triggered by those allegations that deutsche bank essentially was involved in setting up a separate entity in the british virgin islands a known tax haven the storing the funds of around nine hundred customers money to the tune of three hundred million euros and i use that term loosely because it's an ill gotten essentially according to those allegations through criminal activity the allegations there of being involved with potentially organized crime is something which no bank no company wants to have on their hands and deutsche bank their headquarters raided there in frankfurt only bartz is actually standing by at the stock exchange in the city where investors were also quick to react weren't they really are. yes sold a share imme