Were only in this if youre on together make it. Stay safe if youre going. Through so stay safe please stay safe. Buyer strikes a deal in its legal battle over herbicide rounds up the german Agro Chemical firm will pay billions to satisfy the largest chunk of american lawsuits still keeping rounds up on shelves. In times of largest shareholder says hell vote for a 9000000000 euro German Government rescue package perhaps taking some of the drama off from thursdays shareholder vote. And uganda is dependent on chinese imports could that change if it starts making more things at home. This is a business report. Its good to have you with us its the news that buyer shareholders have been awaiting the company has reached a 10900000000. 00 settlement to close out the bulk of american lawsuits that allege its side round up causes cancer by hopes the deal can finally remove a burden thats way down its share price for the past 2 years. The son wipes 3 quarters of the 125000 ongoing and potential lawsuits off the table according to buyer. It struck the agreement to end the financial nightmare which began with its purchase of u. S. Crop science giant monsanto to take over the disapprove more costly than anyone could have imagined 2 months after the acquisition in 2018 by a london court as the new owner a man whod used monsantos herbicide roundup or contracted cancer he accused the company of downplaying the weed killers risks a string of cases followed with by a losing one after the other. Round up with its active ingredient life as it is normally used in agriculture but monsanto also promoted its best seller as a weed killer for garden sports fields and parks as well the herbicide has never been classified as carcinogenic by the u. S. Environmental Protection Agency e. P. A. And that was the main pillar of bias defense but judges and juries consistently saw it differently buyers knew subsidiary was threatening to topple it into bankruptcy the german companys shares have plummeted since the takeover in march this year buyers market capitalization had been hard. Major shareholders were piling on the pressure to get the problem sorted fast the 10800000000 dollars settlement may help to do that meanwhile by iran u. S. Regulators still insist that roundup does not cause cancer when used correctly and on monday the californian cooled ruled that roundups instruction leaflet does not have to carry a warning that it could cause cancer. Lets take a look now at some of the other Global Business stories making headlines. The trouble ministration is threatening more than 3000000000. 00 in new tariffs on e. U. And British Goods as part of its dispute over aircraft subsidies cheese yogurt and olives would be affected as well as whiskey trucks and aircraft move as part of a broader u. S. Response the e. U. Subsidies for plane maker air bus. The u. S. Is offering to help fund brazils 5 g. Infrastructure but only if it doesnt buy gear from chinese from way the American Ambassador to brazil said that huawei the Worlds Largest telecoms equipment maker was not to be trusted. The International Monetary fund now says the Global Economy is going to contract 4. 9 percent in 2020 thats more than its previous projection of 3 percent the i. M. F. Expects a larger than anticipated supply shock as a result of coronavirus linked lockdowns. Was a big day tomorrow for one of europes largest flyers as the move tons of shareholders gathered to vote on a 9000000000 euro rescue package that would see the German Government take a significant stake in the business a supporters of the deal were boosted wednesday when the airlines largest shareholder have antilla revealed he would vote with them heres what the deal entails. Full of tons of the corona virus pandemic has been a nightmare barely anyones flying barely anyone has wanted to fly and the outlooks not much better dances main source of profit is its Business Class but with Video Conferencing getting ever more popular even thats facing an uncertain future. Of turns it has agreed a potential government aid package in exchange for 9000000000 euros in help the german state is expecting a 20 percent stake in the National Carrier and it wants an option for a blocking minority of shares empowering it to veto any attempt to takeover the airline under pressure from the e. U. s competition watchdog live turns or will also have to surrender 20 for takeoff and landing slots in frankfurt and munich and there will be job cuts to affecting all departments cabin crew ground staff and pilots its of cities will also be affected german wings has been permanently grounded Austrian Airlines euro wings and Brussels Airlines will also take a hit. Lufthansa needs help to get off the ground again but even when air travel properly restarts germanys long time leader will never be as it was. And we mentioned huawei earlier the chinese equipment maker has open the doors to its Flagship Store in shanghai while way needs a shot in the arm especially is about growing pressure from the u. S. Government and it got it i. The grand opening of the wall ways biggest ever Flagship Store in shanghai. Staff here at a site thats become unusual these days a big shopping crowd with many more customers waiting outside while wes new 5000 square meters space in its home market is a statement at a time when its running into trouble overseas many while we fans say thats why theyre here. He gave us a i was 1st i want to p. 40 pro who are way phone here in a 2nd i want to support who always get away because the u. S. Is suppressing huawei actually the u. S. Is not only suppressing huawei but all of china its we can we should try our best to support patriotism right that he says that i will get to the. Loyal customers are about to get more chances to do that way says its going to add several Similar Stores in china in the coming year but it insists that these plans were made even before the u. S. Government launched a Global Campaign against the worlds 2nd Biggest Smartphone maker. But the choice of location for this latest store could be sending a message anyway its on shanghais busiest shopping street right across from the worlds Biggest Tech Company apple from the u. S. Over the after now where ugandan president yoweri was 70 wants to reduce. His countrys dependence on chinese imports in particular he wants to use the 419000000. 00 covert Emergency Fund from the i. M. F. To bolster local manufacturers of all goes according to plan uganda could import less finished goods but economists say china wont simply give up its markets in the country outside ugandas capital kampala these women and maine have a tight deadline to produce half a 1000000 fists musks within 8 weeks the team leader at this government facility wants to demonstrate that ugandans can make products that were previously imported. To the Hardware Store and you cant find a single item that is made in. Even a boat. And im thinking from there were 2 Favorite Group things are. What is there in the persisting. Exporting them. To end up in. Uganda wants to reduce dependence on imports. This electric bus for instance is made by a Ugandan Company the state does fully funded it as a way of showing how the countrys resources can be used instead of simply being exported as Raw Materials minium that is part of this fuss and is really discussed here the bam boom the flow this steel which is the biggest component on this bus we have an o. And is an outside contracting duct and localizing the supply chain that fuels production in manufacturing last year uganda spent more than 880000000. 00 on importing goods from china alone research and see that uganda can keep that karsh if locals produce the goods however the local economy could still lose out if the factories at home owned by the chinese who can report yet profits some also argue that because china relies on africas Raw Materials and its market it might not be ready to lose each to the locals whatever china wants too much of it they come and. They take it and grow much are they going for and they bring it back now youre telling them that you know you guys we are going to we want to start our own business and tell you what you told them is please get out of here. And you do things about a source you break in the shoe but that does not seem to deter professor from training up ugandans hes hope is that embracing technology will improve ugandas chances of becoming more selfreliant. The labor market may be tough for many job seekers at the moment but getting the right candidates can also be difficult for certain employers going. Forward intelligence everything can change when its. The cia the u. S. Intelligence gathering agency is targeting young people with this job ad hes the 1st time that its ever used a video spot to advertise to potential recruits the ad will be running on streaming platforms and while its looking for young hires the cia says everyone applying will be considered for help keep every american say. Youre achieved. And thats it for me and the Business Team here in berlin you can find out more about these and other stories online at d w dot com slash business and to check us out on facebook and twitter im Stephen Beardsley as always thanks for watching. Entering the conflict zone with Tim SebastianLebanons Hezbollah Movement is condemned as a terrorist group by many countries but it also has a powerful political face was seats in parliament and government my guest this week from beirut is one of its politicians even to moussawi how does the self named party of god reconcile its very different activities conflict zone. W. 2 my own john unlimited number of. Canal return to the nothing holiday on. The during the month of pandemic something is different. And each club 6 the party seems to be over. The thing is like a member touring. And one of the locals say when the germans come to visit some goose under a. 160 minutes total. Invention. But can it conquer the major issues of our society. Sees no founders not only. Be a good holy ghost we need somebody to heroes an. Inspirational people take on the challenges of the world who with their unique ideas. Of the past food would face entrepreneurial minds to look at those 2 problems and missing one solution to a new season of founders about only. This week on the job. Things of what can be most of the. The with the media against hezbollah being engaged also in fighting the israeli incursions aggressions money out of companies go to the pockets of the american Lebanons Hezbollah Movement is condemned as a terrorist group by many countries including the u. S. And most arab states but it also has a powerful political face with seats in parliament and government my guest this week from beirut is one of its politicians musawi how does the self named party of