Serious knowledge. Today. E. W. Much of it. Sure linked to scoop africa and the more full story link to exceptional stories and discussions from news as easy and white with same deal deputed comes from africa join us on facebook w for. Such. A. Claim are the u. S. And china ready to sign the dotted line face one trade deal between the 2 nations looks to be near what will it mean for markets that are already hitting record highs. And well look back on 2019 and what the year meant for business worldwide from the corporate hallways of boeing to the angriest. Greets of santiago chile. This is your Business Report im stephen beards and brylin its good to have you with us Carlos Gonyea is gone media reports say the former Nissan Renault chairman has left japan where he was under house arrest and arrived in lebanon on monday apparently jumping bail going holds dual french and lebanese citizenship. Was on bail in tokyo awaiting trial on charges of hiding in common financial misconduct related to his time at nissan he has denied those charges calling them a plot by just frontal nissan executives a condition of goans bail was that he remain in japan his trial was scheduled to begin in april. Yet. The u. S. And china are on course to sign their phase one trade deal in the coming week thats according to white house trade advisor Peter Navarro in an interview with fox news he added that washington is just waiting for a translation of the deal the agreement calls for a dues tariffs on u. S. Imports on to from china and more chinese purchases of u. S. Agricultural products the white house said the deal also addresses american concerns about intellectual property theft and forced Technology Transfers to china although the exact Details Remain unclear. Lets go to our financial correspondent in new york yeah. Its been a rather quiet day on wall street from what i understand despite this much wished for trade deal parents in the offing whats going on. Well 1st of all we all know that after phase one of the trade deal comes face to of the trades here and there might be even tougher to negotiate with what might get signed in the next couple of days and then we shouldnt forget that 2019 at least for stocks was a pretty stellar year the s. And p. 500. 00 up by almost 29 percent and we have pretty much in line to have the best year on wall street since 90 and 97 so we did see stocks on the rise all year Long Companies like microsoft for example up on the year by a good 55 percent and still there almost last trading day of the year there was a bit of a cautious tolly on wall street but if you see we decrease the point 6 percent in the dog jones industrial average so it was not too dramatic what we saw here on december sirius is the markets are set up for such a strong finish which is incredibly different from this time last year there was so much turmoil what happened in the past year what changed. Yeah what a difference a year mayor gets but if you look back 12 months ago we just saw the Federal Reserve to. Interest rates one more time then there was some skepticism if a trade deal would get done there was a lot of talk about recession right now and nobody really talks about a recession at least in the u. S. In the near future we saw 3 Interest Rate cuts as you mentioned before there is some sign on the horizon that at least this phase one trade deal will be signed so all of the negatives to a certain degree have turned positive and thats why we saw the stock market on fire but overall it was really the Federal Reserve was those 3 rate cuts what drove the markets in the past couple of months but what we also shouldnt forget its a bit of growth because also the dept load when it comes to private households when it comes to corporations when it comes to end tire nations have been on the rise and that could haunt us at some point in the future but right now nobody really wants to think about that all right quarter there for us in new york thank you very much. From trade wars to unilateral sanctions and brags that it was a year in which liberalise trade came under fire but a new study by the bettles Mon Foundation found that the biggest beneficiaries of a rules based trading system are the 2 nations leading group global trade disruption the u. S. And china both have pulled and by far the largest net benefit from trade in terms of real g. D. P. And thats thanks to their membership in the w t o which sets trade rules and arbitrates disagreements now for the usa the study says that benefit comes in around 87000000000. 00 china enjoys almost the same amount 86000000000. 00 in trade benefits from being a member in the w t o and in 3rd place germany which routes around 66000000000. 00 in trade benefits as part of its membership in the w t o and yet the World Trade Organization is under intense pressure especially from the u. S. As it leads a trade war against china a trade war that became the biggest business story of 2019 but certainly not the only business story take a look will they or wont they the u. S. And china have been at it throughout the year and in may trump announced that washington would raise previous tyrants where having a little wobble with china because theyve been treated very fairly for many many decades are actually a long china retaliated with its own threat and in the summer a truce was announced in the g 20 summit in osaka but the u. S. Reneged on that tensions eased earlier this month u. S. President trump tweeted that a very large phase one deal had been reached with china with beijing agreeing to buy a range of American Goods as a result washington suspended penalty tariffs set for december 15 something beijing confirmed that 2 countries now say they are preparing to sign an agreement next month. One of the sticking points between washington and beijing has been chinas dominance in the tech sector and that is something the white house wants to end one of the targets of its come pain has been chinese tech giant huawei the white house says beijing could use while Waste Technology for intelligence gathering and industrial espionage washington has been calling for its allies to block the company from participating in building 5 g. Networks no surprise the debate on while way has also been heated here in germany and weve been covering it. Can the state of china force you to give information which you would be able to collect for example in germany now while we once were away has never received any such requests during our operations over the past years and even if we received such requests in the future we would not agree to them as without any lawful requests so we wont do anything which will. Change when i was. The author was a topic under 29000. 00 was the year of the protests across the world also across germanys border the yellow thats movement took to the streets in neighboring france to protest against the governments planned Economic Reforms they believe they are hurting workers the french government says they are needed to overhaul the economy to make it more competitive. In the middle east the lebanese governments economic reform attempts were met with countrywide protests people took to the streets to demonstrate against plan changes to the tax regime stagnating economy and corruption and that led to the resignation of the countrys prime minister. Changed didnt get as bad for those government but it would dorians managed to push their lawmakers to the brink with protests that crippled the countrys Transportation Networks in the end the government had to withdraw plans to remove a fuel subsidy after dramatic protests. And elsewhere in latin america people were taken to the streets and i didnt heena and chilling to protest against Economic Reforms and the higher cost of living i. I cost of living was also a major issue for zimbabweans the protests were triggered by a 130 percent fuel price hike and that on the countrys declining standard of living prompted people to take to the streets throughout the year the. U. S. Plane make a boeing also dominated headlines this year it started last march with a fatal plane crash in ethiopia. The 2nd for it 737 max at 1st the company tried to deny responsibility but air transportation authorities were soon ordering the grounding of a 737 max its best selling aircraft within weeks of the incident since then the plane maker has been mired in a crisis in december boeing said it was Holding Production of a 737 max and c. E. O. Dennis mullen berg was alstad new seal David Calhoun will now face the task of engineering a turnaround and rescuing started reputation its been a busy year for the markets across the world but it appears the u. S. Markets have managed to ride out the uncertainty in the stock market is at a record high in the u. S. And thats something the u. S. President has been raving about and taking credit for he says the highs a jew to his reforms hard to say but what is clear is that the Global Economy has been slowing with the i. M. F. And the world bank mainly blaming the u. S. China trade dispute but despite that theres been records in markets in both sides of the pond and that was a spot of good news this year. Under. Lets take a look now at some of the other business stories making news around the world. A production milestone for us electric vehicle maker tesla its 1st model 3 cars built at its chinese plant shanghai have rolled off the production line less than a year after work began in the factory electric car maker says it will increase production in china the Worlds Largest car market. Also in china another high speed rail way has gone into service in the country connecting the cities of beijing and chong djoko cohost of the 2020 Winter Olympics the trip used to take almost 4 hours and has now been shortened to under one hour. Germany imported a Record Number of fireworks last year but this years new years celebrations kick off with a ban instead of a bang this year the berlin government has introduced a fireworks ban in the center of the city citing the large amount of pollutants created which include Plastic Waste and find just. Thats it if for me and the Business Team here in berlin im Stephen Beardsley its always thanks for watching. Because. The sun could. Be just a moment the old on the west coast the a 10 year high close to a koan thank the congressmen 2010 to 29 to a. Coke 0000000000 extension 000. 0000 at the worlds 1st black superstar. Joseph. Became an icon of. To tolerate racism of any kind so she loved her homeland of the united states. Josephine baker in 45 minutes w. 50 years of religions for peace people so many Different Things are working together toward a common goal a peaceful resolution of religious conflicts big now all female members of religions for peace from the middle east are demanding a larger. Outcome aground is empowering women giving them the rule making them agent of change. The female peacemakers starts january 5th commentate of the. Last. 5 through