Us we must overcome it india. Going where its uncomfortable global news that matters w made for mines. United against climate change. Big challenges for the twenty third u. N. Climate conference in bonn how are nations working to meet their Paris Agreement targets. D w is there and reporting daily. From the congo twenty three this weekend next on w news. At. The Paradise Papers and of the leak of global tax avoiders Britains Queen is listed and rock star bono along with one hundred twenty internet. Will Companies Like americas apple facebook and nike Paradise Papers show once again how the global elite avoid paying taxes taxes governments need to fund schools hospitals and roads its not illegal to move your money offshore into low tax countries but you do need highly specialized lawyers to ensure income you make in a high tax country is taxed in a place where the rates are rock bottom. This is how the system functions. A german i. T. Company for example registers its peytons through a subsidiary based in ireland where the tax rate is much lower than at home. Even though the product primarily sells in germany the income is booked in ireland. As a result only a small part of the companys profits are taxed in germany at a rate of thirty percent. Most is taxed in ireland at only twelve percent. Thats completely legal but companies try to avoid making them a new was public because it could be bad for their image apple for one paradise paper say apple is always searching for ways to worm out of taxes we companies billions with its iconic smartphones tablets and computers that could scare off some consumers if they know the premium prices they pay are not even taxed at local rates but while countries like britain and germany have made some attempts to close loopholes smaller countries like ireland have benefited by slashing their tax rates sometimes were blocked or blocked by the fact that the Member States consider that they should be you go for this or that and now were in a different period thats what i call the transparency who should its high time that everybody goes in the same direction to eliminate forward into combat thats evasion the e. U. Commission aims to publish a blacklist of tax havens by the end of this year. Its hoped naming and shaming them will encourage more transparency in the murky world of offshore phones and investment. The Ritz Carlton Hotel in riyadh is normally a popular Meeting Place for saudi arabias rich and powerful but mobile phone footage has emerged showing how the luxury hotel has become a prison the rich and famous arrested this week in a corruption crackdown now sleeping on mattresses saudi leader crown Prince Mohammed bin sound man on the left of this poster with his father king so man means business. Hospital have said you know retention of people on charges of corruption was here in positions of high or thorazine and possess lots of money and to trade throughout most of the worlds continent also proves that the economic side is considered important to our leadership and walk away will cry that among those arrested printout will lead been to lull one of the worlds richest men. From riyadh to tallest skyscraper he controls Luxury Hotel Chains broadcasters and a real estate empire the sites the arrests more than twelve hundred private Bank Accounts were also frozen. Traders at the Riyadh Stock Exchange were initially nervous following the move with investors worried that since those arrested control such vast assets there could be a negative impact on the economy or even the oil price but the mood soon lightened. And i thought First Impression is that there is a wide welcome from investors and there are important signs from these decisions that no one is above the law even a prince or minister on kind of. Yet questions remain is this really about fighting corruption or is it simply a way of eliminating political and commercial opponents. Journey. Industrial giant siemens reported an impressive eleven percent rise in a neural net profit to six billion euros but it could have been even better if its Power Division hadnt waited so heavily on the bottom line this year. Fourth quarter profits of the ailing power and gas unit the companys second biggest after health care plunged forty percent later this month siemens decides on up to six thousand job cuts in the division. Germanys economy is on a long term role thats the conclusion of the governments Economic Advisory panel the socalled five stages in their annual report they forecast two percent g. D. P. Growth this year and a slight increase to two point two percent next that promises a continuing tax bonanza the five say just say the government should use the extra cash to fund more Education Research and infrastructure improvement. The European Commission wants the blocks car makers to cut their fleets Greenhouse Gas emissions by a further thirty percent by twenty thirty in brussels this week and propose drastic fines for companies which dont manage to throttle their emissions and doing the same timeframe the Commission Wants thirty percent of new registrations to be electric or alternative drive cars to encourage that its putting up eight hundred Million Euros to expand car charging stations throughout europe. American companies signed contracts worth a total of some two hundred fifty billion dollars during u. S. President Donald Trumps visit to china u. S. The contracts cover the Energy Aviation and electronics sectors. Aircraft maker boeing launched a thirty two billion dollar order for three hundred of its planes. Trump has previously complained bitterly that china takes advantage of america in trade though this week he said he doesnt actually blame them for doing so. Social Network Twitter has doubled the length of a tweet to two hundred eighty characters it hopes more words will generate more profits investors have been pushing for a change user numbers have long been flat and even begun declining this year but means less revenue from the network targeted that twitter has three hundred thirty million users tweeting including tommy trump. What we are witnessing here should have ceased long ago nigerias High Court Ruled gas flaring by Oil Companies illegal as far back as two thousand and five. But only a few hundred meters away from these peoples fishing village global Oil Giant Shell continues to flare all of its toxic gases with impunity the locals say that every family here has members who suffer from cancer and chronic bronchitis village headmen who are a dark color is at a loss. For more than two decades. Next yeah and sent twenty times. Twenty and so on and so forth and this is twenty seventeen and gaslighting is right behind me you can see. Just flaring produces toxic nitric oxide as well as Greenhouse Gases like Carbon Dioxide yet the oil industry has long had the technology to collect the gases released join all production and use them as energy according to university electroboy. Its just that its simply not profitable enough to do so in poor regions like the niger delta. Thanks to gas which is being flat can simply because what it did before i made available for it would use to ease of use increasing. No you move why would would you want to have a direct impact forcing you know forest lake george or the villagers around where the gas is with the use of firewood for you looking for your source of energy so even guys made cheap and they can afford it then they would have to call that. When approached shell refused to comment on the accusations the company shied away from this kind of publicity many of its gas players are barely accessible hidden deep in the jungle. Its a well known part of residents complain about Health Issues experts confirm the devastating environmental consequences and so the International Eye firms remain silent obviously a successful strategy many members of the local political elite seem to be more concerned about oil profits than about environmental damages however we do find a Small Oil Company thats prepared to talk to us billion moyles petro diaz says his company wont repeat the mistakes of the industry giants we are cautious with the environment and we would like to take a bad taste of. These opportunity and completely this list so our plan is by two thousand and eighteen we will not be flaring any gas. Can only hope thats not just another empty promise hes begun documenting his Villages Health problems and if need be hell take their cases all the way to the courts in europe. But unless he can take command tossed and show its nose this new electro fairy inside out he was the design teams project leader but a Maiden Voyage is still something special. Coverage electric motors a barely audible there are four one in each corner of the ship diesel engines are usually centrally mounted. And he was not to the floor motors mean the ship doesnt stick firmly to a given course would hold in a steady. Veers around a bit when the road is applied. And thats not just a new sensation for the captain this ferry can carry up to forty five passengers and six cars powered entirely by twenty four lithium polymer batteries they allow an annual saving of fourteen thousand liters of diesel as long as the captain can get used to the electric sailing era. Im over my in it if you want to conserve energy which is fundamental to running efficient like this youve got to be controlled and approach your birth as gently as possible not every captain can do it but then again not everyone is made for electric cars either. Demand for environmentally friendly airships is rising not only in the tourist regions but also in cities with poor air quality. Obviously theres no smell when youre on the port fairys and hamburg for instance you can still smell them you smell oil you think youre in a factory you dont have that on an electric ferry. Costs darling style zoned entered the market early on and has already designed and built ten electric ships. They built as lightly as possible because every kilos saved means less demand on the expensive batteries and thats crucial to commercial viability. You must assume and we have to be aware when we using steel that we had to minimize weight as far as possible engineers couldnt just take a conventional approach instead they had to ensure a Minimal Energy is required to move the vessel but i think that when theyre going up plates and different beam separation as far as possible and thats allowed us to save twenty percent in mass what do you know sponsored by. Nonetheless the electric ferry still costs fifteen percent more than diesel driven versions but the municipality of all the village near tear has spent the money quite happily on clean air on the model where the ferry goes into service in a few weeks time. Sand trickles through our fingers and now around the moment it seems to be running out. Theres hardly any industry to using. The precious grains are in fax numbers. Because not only is the line. To winning resume. Next. Year a max this weeks highlight. Jury artists display their beautiful whereas. A massively monumental post was moved to this docket at just once despised its now being celebrated. By gravity fabio bit most spectacular bike stunts youre romex in sixty minutes on d w. Nationalists are on the rise worldwide and. I am taking a more straight to highlights different shades of nationalism and to find out why this nation me to you. To show you so or join the conversation here on to dublin you on twitter i dont facebook. Freedom of expression. A value that always has to be defended and new. All over the world. Are to afraid of freedom of art. A multimedia project about artists and their right to express their views freely. D w dot com or to freedom. How a weld is built on sand it surrounds us its an alp buildings and our streets billions of tons of sand and its becoming scarce