before we review what looks to be the last chapter in the story of the car let s take a look back at the history of the famous subcompact. mass production began in wall spring germany back in one thousand nine hundred five later the cars were also produced in mexico and brazil while the west german built model came out and the one nine hundred seventy s. production continued across the atlantic and in mexico all the way through to two thousand and three when the last classic being always made. but i d say as we all know that was far from the end of the story meanwhile the new beetle had been launched in one nine hundred ninety seven six years later a convertible edition was released two thousand and eleven saw the second generation of a new version now simply called the beetle it s flamboyant looks were a marriage of tributes to old traditions. and modern design vocabulary.
a balance deal or if they were just out to maximize profits they are trying to to to find the right balance they would probably like the price to be somewhere around seventy or eighty dollars per barrel compared with the current price which is fifty three however even just two months ago there was worried that the market was overheating the prices it eighty six people worried it was going to hit one hundred and opec a worried about that one hundred number because then that stimulates competition from from other fuels and actually back in june because of the high price opec released their production constraints because they re worried about the price going to high so there s been incredible change in the markets in just two months. well market analyst spencer well speaking there according paris has slapped a half a million euro fine on french oil company total after finding it guilty of paying bribes to win a huge gas contract in iran and nine hundred ninety seven the court says total p
a million euro fine on french oil company total after finding it guilty of paying bribes to win a huge gas contract in iran and nine hundred ninety seven the court says total paid thirty million dollars in bribes to middlemen for help in securing the look at this south pars gas concession five years ago to tal had to pay almost four hundred million dollars to settle a similar case before it went to trial in the united states. now let s get a quick check up on financial markets with our wall street correspondent and scored against wall street s has been having a wild week we ve seen huge losses even strong consumer data couldn t break the slump on friday why. you know what a day what a week what a month at the beginning of the day when we got those good economic data here out of the united states of the blue chips traded up by more than three hundred points but then the mood got sore and by the end of the day we lost a good four hundred points for the week we re down by about seven perc
english premier league giants manchester united have sacked coach joe. decision follows the club s were stars through a season in twenty eight years with united trailing league leaders and fierce rivals liverpool by nineteen points. hello i m terry martin good to have you with us today trying to marks forty years since its economy opened up to the rest of the world a move that ultimately turned china into a global economic powerhouse second in g.d.p. only to the u.s. forty years ago china was producing goods and services worth around one hundred fifty billion dollars but by nine hundred ninety seven g.d.p. had hit the trillion dollar ma. arc by last year its gross domestic product had
a vietnamese page so what is vietnam close a german page it s not right it s an injustice which must be ended that. we hope. for well it s been forty years as china started to open up to the west and that s had huge implications for the world economy as attorney opening to world markets and to a degree to capitalism ultimately china into the global economic powerhouse that it is today second in g.d.p. only to the u.s. that s a look back forty years ago china was producing goods and services worth around one hundred and fifty billion dollars annually by nine hundred ninety seven g.d.p. had hit the trillion dollar mark and by last year it s froze domestic product has grown to more than twelve trillion dollars that s trillion with a t.