Company history to avert the strike but suddenly pulled out of the talks rejecting two of the Union Officials taking part. Ryanair ahead Michael Oleary will bend over backwards to make a buck and that mentality has helped to make ryan air a force to be reckoned with and the european market. Further refining the ultra low cost model pioneered by u. S. Carriers sell to west oleary cut ticket prices in favor of making money and baggage fees on board shopping and other secondary revenue streams. But that cost cutting obsession ran him a fall of many unions they objected to what they described as substandard pay poor working conditions and uncertain labor contracts. The result many pilots left ryanair and the airline recently announced it would be forced to cancel some twenty thousand flights through march of next year. To stave off a threatened strike in some european territories over the holidays ryanair management recently announced it would finally enter into talks with the unions but if weve got to make a change with make a change and in this case because it was on christmas week it was within our control and were where we called the unions to to call up this action so people can take away all that uncertainty and get home for christmas but it seems that not everyone was convinced Michael Leary had really changed his tune germanys pilot Union Cockpit says theyre calling for a four hour morning strike on ryanair flights in germany this friday or if they carry through with the threat it would be the first strike in ryanair history. Is Donald Trumps tax bill really a Christmas Gift to the American People is how the u. S. President puts it well first of all trump probably one sided into lower until next month that a delay potentially painful spending cuts until after the midterm elections and then economists say low and middle in common as will likely bear the greatest burden while most benefits go to the wealthy and corporations. The Business World is celebrating the massive tax cuts and Many Companies are passing along some of the savings to their employees boeing says it will provide an additional three hundred Million Dollars for job Training Facility upgrades and Charitable Giving wells fargo is boosting its minimum wage to fifteen dollars an hour and donating four hundred Million Dollars to nonprofit and Community Organizations during his victory lap donald trump cited eighteen t. As an example of the upbeat mood the company promised a one thousand dollars bonus to two hundred thousand employees once the tax bill is signed into law republicans argue that cutting the Corporate Tax rate well entice companies to step up investment and that will create new jobs but analysts say that hasnt been the case with previous tax cuts. The United States has tried to do this cut taxes corporations and high income individuals and expect has not happened yet and so this is another experiment and see if this works this time but history is not a good guide for. If the tax reform fails to bolster growth as promised the countrys deficit could spiral and increase pressure on washington to cut social programs the Strong Economy and near for employment have led many analysts to question the need for the one point five trillion dollars tax overhaul. Lets chat about this with our financial guy new york and scored a yes Ronald Reagan did something similar in the eightys how did that go down. You know we hear a lot of comparisons at the moment in respect to the eightys tax cuts of Ronald Reagan but there are some major differences first of all the reagan tax cuts were mostly targeted at individuals and not so much corporations the top tax rate back then for individuals was a good seventy percent but that an old saw times were quite different because we had reagan started Interest Rates at about eighteen percent and in a very short time was the new year Interest Rates got cut in half and that was not the doing of Ronald Reagan but the big then fed chairman paul volcker so maybe that gave even a bigger boost to the economy meaning the cut of the Interest Rates than the tax cuts of Ronald Reagan but what did happen eventually also under Ronald Reagan is that deficit started to increase and thats pretty likely to happen once again today also confirmation out today the the u. S. Plane make a boeing has been in merger talks with Brazils Embraer how has that been looked at by the market. Obviously the market believes that it is possible because specially the stock of embraer at the basilica and stock market increase there are roughly twenty per cent and the deal could make sense because l. Bustle boeings big rival is teaming up with bombardier in a similar segment and in the segment where embraer is strong at boeing does not have to offer that much so the deal could make sense but there was a big question mark if the brazilian government would go along actually they have some remarks out of brazil that the government might see a partnership but not necessarily that a foreign entity is taking control of him ok the latest market news there from the ends quarter in new york. Thailand is getting its first high speed rail line its part of the chinese belt and Road Initiative of modern day silk road chinas that is figured every buy these days especially Infrastructure Projects linking it to the rest of the world especially at a time of lowered domestic growth will keep powering its plans to shake up the economic order. A dragon dance performance was a highlight of the celebrations thailand is eager to upgrade its antiquated rail network and china is eager to lend its know how type Prime Minister probably has presided over the groundbreaking ceremony hes looking to the future with his country playing a key role in the region. Thailand is developing in every aspect to become the center of connectivity in this region. And this Railway Route willing to cambodia laos meon more and vietnam as well as to china india and other countries. The first phase of the project is a two hundred fifty kilometer high speed line linking bangkok to knock on russia sima also known as co rod the full line will stretch eight hundred seventy three kilometers to the northeastern city of noncurrent along the border with laos its expected to be operational by two thousand and twenty three beijings belt and road infrastructure drive aims to connect china to economies elsewhere in asia as well as to africa and europe. A huge new state of the art factory tens of thousands of new jobs you think ethiopians would be jumping for joy but not when the pays so pathetic youve got to rely on Financial Support from mum and dad. One pair of jeans after the other row upon row of serving machines this could easily be one of the traditional textile countries of asia but its ethiopia one of the worlds poorest nations this summer ethiopias ambitious government opened an ultra modern Industrial Park with chinese help its aimed to produce high quality textiles for the european and american markets. For the past few months lemme see has been working for the Epic Group One of the textile producers here the twenty year old comes from the countryside and first to learn how a sewing machine works. And im happy because i have a job and earn money but im also happy to be able to learn something new. He said. Let me im work six days a week nine hours a day but she and the other young women here earn just forty euros a month overtime is part of the deal unpaid of course. Spent years working in the sri lankan textile industry now hes keen to get ethiopia ready for the massive Global Demand for clothing. Cost. Saw and in the garment industry. You can because because part of. This being. The new seamstresses undergo a month long training period mainly in production techniques they also learn about fabrics as well as whats expected of them in their new job. Maybe there is a language barrier maybe. Doing that this time they can not easily understand how can they see it given how. Its forecast that more than sixty thousand people will find work at the western Industrial Park by the end of two thousand and eighteen at the end of the working day. And her friends make their way home to a life very far from the modern world of work. Is really tough for us here we dont make enough money to live on. And we often have to go hungry. I sometimes wonder if i shouldnt just return to my village and help my parents or maybe i find a better paid job that he had to you. The young women dont want to leave ethiopia like many of their generation in africa that hopeful that positive change is on its way in that country and perhaps the Industrial Park is a beginning even if you rely on it to secure a future. Thats nice doing business with you. As long as. My managers do not go to day nothing ever change you know the banks pay fines and so was the language of a bank running. For speaking the truth global news that matters. Made for mines. Climate change. Waste. Pollution. Isnt it time for good news. Africa people and projects that are changing our environment for the better its up to us to be good or for. Lets inspire each other to. Be committed for the environment magazine. On d w. D w we speak your language so you got to know. For content in dari pashto and more to the prospects for returning to our web special meeting at the refugee journeys life in germany and the prospects for those returning home. And join the discussion on t w dot com and on facebook. Prospects for return ease d. W. Maybe for mines. In july this young woman from the german state of saxony made headlines around the world. Surrounded by cheering iraqi soldiers the frightened woman addendum