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u.s. punitive tariffs continue to hit the chinese economy hard fewer and fewer goods are being shipped to the u.s. in september alone chinese exports to the u.s. fell by over 20 percent compared to the same month last year imports slumped by over 15 percent the u.s. is increasingly losing its importance as a trading partner for china in the 1st 9 months of the year the european union continue to be one of the most important trading partners for china with a trade volume of $510000000000.00 u.s. dollars the association of southeast asian nations came in 2nd with a trade volume of $440000000000.00 u.s. dollars that puts the u.s. in 3rd place with $370000000000.00 both sides are trying to alleviate a serious affects of the trade dispute on their economies by returning to negotiations last friday to be agreed upon the 1st partial settlements in the trade disappeared. after more i'm joined by fred beamish chief economist at pantheon macroeconomics in newcastle thank you so much for joining us n
u.s. punitive tariffs continue to hit the chinese economy hard fewer and fewer goods are being shipped to the u.s. in september alone chinese exports to the u.s. fell by over 20 percent compared to the same month last year imports slumped by over 15 percent the u.s. is increasingly losing its importance as a trading partner for china in the 1st 9 months of the year the european union continue to be one of the most important trading partners for china with a trade volume of $510000000000.00 u.s....
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the u.s. says it has an initial trade deal with china and delays tariff set to hit chinese goods next week but will a partial deal take away the trade uncertainty that settled over the global economy . also on the show ethiopia's prime minister was just awarded the 29000 nobel peace prize to look at the end vicious economical. forms he spearheaded at home. and italian cheese is about to get more expensive for americans the u.s. is set to impose penalty tariffs on european products like cheese in retaliation for in use subsidies to play maker airbus. this is your business report i'm stephen beard's in berlin thanks for joining us the u.s. and china have agreed on a partial trade deal that according to u.s. president trump this means the u.s. is suspending plans to increase tariffs next tuesday on about $250000000000.00 of chinese imports to 30 percent from 25 percent trump and chinese president xi jinping could sign the partial agreement as early as next though rather as early as november inves
the u.s. says it has an initial trade deal with china and delays tariff set to hit chinese goods next week but will a partial deal take away the trade uncertainty that settled over the global economy . also on the show ethiopia's prime minister was just awarded the 29000 nobel peace prize to look at the end vicious economical. forms he spearheaded at home. and italian cheese is about to get more expensive for americans the u.s. is set to impose penalty tariffs on european products like cheese...
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trump announced the withdrawal of u.s. troops the white house has also imposed sanctions on 2 turkish ministries and some senior government officials already. and german carmaker volkswagen is also looking at turkey's offensive in syria the company had been planning to build a brand new factory and is mia but now we has called the planned investment into question according to media reports there will be no contract signing for the time being the veto we a group says it needs time to make a decision about its turkey plans. now around $500.00 of the top minds in german engineering a gathering here in berlin today marks the start of the german mechanical engineering summit bringing together designers manufacturers and decision makers the industry though is facing many new challenges ranging from trade wars to major disruption to sectors such as the auto industry's shift to electro modality well. this sheet metal for 2 machines is made by the b c w company in berlin it's sold to engineering companies that build machinery for c
trump announced the withdrawal of u.s. troops the white house has also imposed sanctions on 2 turkish ministries and some senior government officials already. and german carmaker volkswagen is also looking at turkey's offensive in syria the company had been planning to build a brand new factory and is mia but now we has called the planned investment into question according to media reports there will be no contract signing for the time being the veto we a group says it needs time to make a...
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u.s. president donald trump isn't a fan of the world trade organization but he may have changed his mind on wednesday during a press conference with his finnish counterpart he said the w t o ruling was very good news for the u.s. efforts. beginning oct 18th washington will impose new tariffs on e.u. goods including 10 percent on aircraft and 25 percent on other industrial an agricultural products. it's the latest move in an epic 15 year battle revolving around europe and its airbus on the one hand and america's boeing on the other the w.e.o. has found both the e.u. and the us guilty of paying on lawful subsidies to their respective plane makers before washington announced its response to the w t o ruling germany's chancellor was quick to highlight the gravity of the situation. nothing in between the case under world trade organization law. this takes it beyond an arbitrary question to a verdict in accordance with international law which now hangs over arab us one must sadly say. we have to
u.s. president donald trump isn't a fan of the world trade organization but he may have changed his mind on wednesday during a press conference with his finnish counterpart he said the w t o ruling was very good news for the u.s. efforts. beginning oct 18th washington will impose new tariffs on e.u. goods including 10 percent on aircraft and 25 percent on other industrial an agricultural products. it's the latest move in an epic 15 year battle revolving around europe and its airbus on the one...
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while those new u.s. tariffs on your products kicked in today let's take a closer look now at how those duties of 25 percent on agricultural products impact french wine. in the beaujolais vineyards this year's harvest has been better than expected despite the frost and drought now it's time for a final taste before the wine is released to the world this year success on traditionally its biggest export markets the us is by no means guaranteed that poor folks and that is the 1st time that we've had a 25 percent increase in one go is a bit of a sucker punch. dominique gets 10 percent of his turnover from the states he's relying on good relations to keep importers on side. in another famous french wine region makers of burgundy hoping vera few taishan for the highest quality will see them through the tariffs coats de-bone for example is known to connoisseurs around the world. not just your the wine industry offers more and more interesting products from more and more countries so we can predict how american c
while those new u.s. tariffs on your products kicked in today let's take a closer look now at how those duties of 25 percent on agricultural products impact french wine. in the beaujolais vineyards this year's harvest has been better than expected despite the frost and drought now it's time for a final taste before the wine is released to the world this year success on traditionally its biggest export markets the us is by no means guaranteed that poor folks and that is the 1st time that we've...
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now let's take a close look at how those u.s. tariffs are affecting spain's famous all of industry which is already struggling with a sudden surge in competition from abroad. in and alysia they call it liquid gold but just recently olive oil has lost its luster the pharmacy produce it in southern spain is vast olive groves have been hit by a double whammy of tumbling prices and u.s. tariffs. growers are in danger we can't compete with the oils that are coming from abroad we can't compete with the new plantations . can't compete with the terror that mr trump is placing on us. that's choking us with our. puppet he got on with. his life pavlo evacuated other european exporters in asking why they've been dragged into a dispute about airplanes the us imports 320000 tons of european olive oil each year most of it pressed in spain. on enjoy imports into the united states are going to be taxed at 25 percent. that's going to have repercussions on the american market. because they'll start to buy oil from other countries that don't face su
now let's take a close look at how those u.s. tariffs are affecting spain's famous all of industry which is already struggling with a sudden surge in competition from abroad. in and alysia they call it liquid gold but just recently olive oil has lost its luster the pharmacy produce it in southern spain is vast olive groves have been hit by a double whammy of tumbling prices and u.s. tariffs. growers are in danger we can't compete with the oils that are coming from abroad we can't compete with...
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turkey ignores u.s. sanctions and presses the has with day 7 of a top fence of in northern syria but russia says syrian government troops now control the key town of money as they seek to contain the turkish assault. the chief of bug areas football federation resigns the day after racist abuse of england players overshadows a euro 2020 qualifier the players were subjected to monkey chants and nazi salutes from the stands the incident.
turkey ignores u.s. sanctions and presses the has with day 7 of a top fence of in northern syria but russia says syrian government troops now control the key town of money as they seek to contain the turkish assault. the chief of bug areas football federation resigns the day after racist abuse of england players overshadows a euro 2020 qualifier the players were subjected to monkey chants and nazi salutes from the stands the incident.
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almost 8 percent and with the u.s. threatening to introduce levies on japanese cars the future looks even less rosy. oh sure let you go if you happen to be a person with what i call finished wealth accumulation and if it so happens that you are looking for a new maritime home maybe i'd like to direct your attention to the following offer it's called tranquility and it is on the market again for a reasonable $200000000.00 the super yacht was among the assets of fugitive financier low tech joe and allegedly board with money taken from $11.00 m. g.b. now closed fund at the center of a multi country multi $1000000000.00 money laundering probe the infamous yacht is just over 90 meters long has a model clad interior a turkish bath a 20 need a swimming pool of course and the obligatory passage chancy fortunately it's being put on the market by the malaysian government which sees the boat last year following its pledge to recover all money stolen from the fund so if you have a bit of change. i called it and that's it from me a
almost 8 percent and with the u.s. threatening to introduce levies on japanese cars the future looks even less rosy. oh sure let you go if you happen to be a person with what i call finished wealth accumulation and if it so happens that you are looking for a new maritime home maybe i'd like to direct your attention to the following offer it's called tranquility and it is on the market again for a reasonable $200000000.00 the super yacht was among the assets of fugitive financier low tech joe...
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by u.s. regulators boeing says cracks have been found in up to 15 of its popular 7 $37.00 planes after global inspections 2 of quantas jets are reportedly affected but the airline has so far rejected calls to ground its entire $737.00 fleet saudi arabia expects its budget deficit to widen to 6.5 percent of gross domestic product next year that to about $50000000000.00 that's from 4.7 percent this year government income has been hit by no oil prices as the pro-democracy protests continue official data confirms that hong kong is now in recession gross domestic product tranq by about 3 percent in the last quarter months of unrest have piled pressure on an economy already reeling from the u.s. china trade with. now you'd think vanilla would be fairly common it at flavor to so many products ice cream chocolate and coffee for example but most producers rely on artificial vanilla flavor because the real stuff is hard to come by that's why prices are astronomical and that last to be good news to the
by u.s. regulators boeing says cracks have been found in up to 15 of its popular 7 $37.00 planes after global inspections 2 of quantas jets are reportedly affected but the airline has so far rejected calls to ground its entire $737.00 fleet saudi arabia expects its budget deficit to widen to 6.5 percent of gross domestic product next year that to about $50000000000.00 that's from 4.7 percent this year government income has been hit by no oil prices as the pro-democracy protests continue...
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exports to the u.s. were down more than a quarter and the e.u. replaced the u.s. as china's top trading. country feeling the pain of the u.s. china trade war is the southeast asian financial help that is singapore which has east monitor policy for the 1st time in more than 3 years the export reliant economy narrowly avoided recession in the 3rd quarter monetary authority of singapore will allow the local dollar to weaken slightly so it will use its currency to manage monetary policy rather than interest rates central banks around the world are loosening policy as fears mount of a global economic slowdown. the chinese network supply a way is allowed to supply components for a new 5 g. mobile network in germany that's according to a paper from german regulators leaks to the hundreds but newspaper several countries including the u.s. japan and australia have imposed blocks on where they fear that mobile phone components from what way could be used for a spin you know it's been us by the chinese government germany had also initially discussed the clause that would hav
exports to the u.s. were down more than a quarter and the e.u. replaced the u.s. as china's top trading. country feeling the pain of the u.s. china trade war is the southeast asian financial help that is singapore which has east monitor policy for the 1st time in more than 3 years the export reliant economy narrowly avoided recession in the 3rd quarter monetary authority of singapore will allow the local dollar to weaken slightly so it will use its currency to manage monetary policy rather than...
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u.s. relationship and we'll see what the decides on boeing early 2020 or whether or not this is part and parcel of the whole trade war i mean what's the use of the u.s. why is the u.s. threatening the e.u. with tariffs for something that it does as well. well we'll see as i said we'll have to see what whether the tio says about boeing specifically about the americans and the american company in this case and what level if any of. that tariffs that the europeans are allowed to quote back what we know today is that the b.t.o. told the united states that you can call back up to $7500000000.00 in compensation from europe because of this or unfair competition practices related to airbus if there is a similar ruling on boeing than what we'll see we'll know what that is in the new year but i take your point this is. you know it's without the w t o ruling. whatever that may be in a few months time so i think that at this point the europeans will be patient specifically with this specific. dispute
u.s. relationship and we'll see what the decides on boeing early 2020 or whether or not this is part and parcel of the whole trade war i mean what's the use of the u.s. why is the u.s. threatening the e.u. with tariffs for something that it does as well. well we'll see as i said we'll have to see what whether the tio says about boeing specifically about the americans and the american company in this case and what level if any of. that tariffs that the europeans are allowed to quote back what we...
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well u.s. secretary of state mike compare was given a surprise present during his visit to rome parmigiano reggiano cheese to be exact in italian t.v. journalist david superimpose say the cheese was probably the best in the world and made with heart by talian pharmacies with west at pump a 0 share it the us president donald trump is considering new terrors against you products including cheese. on november 1st christine legarde takes over as head of the european central bank she faces immense challenges the eurozone economy has been slowing since the end of last year this could mean that she will have to relax monetary policy but she has little room to maneuver predecessor mario druggy has already used up most of the bank's ammunition when he restarted the seabees bond buying program effectively that means the e.c.b. is printing money to buy 20000000000 euros worth of corporate and government bonds per month starting in november the drug has kept the key interest rate at 0 percent words been si
well u.s. secretary of state mike compare was given a surprise present during his visit to rome parmigiano reggiano cheese to be exact in italian t.v. journalist david superimpose say the cheese was probably the best in the world and made with heart by talian pharmacies with west at pump a 0 share it the us president donald trump is considering new terrors against you products including cheese. on november 1st christine legarde takes over as head of the european central bank she faces immense...
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also the president said that u.s. president has now passed the baton to turkey when it comes to leading the fight against a so-called islamic state. reported inside turkey that now the turks not the americans are expected to lead the fight against isis. but all the statements coming from turkey should fischer's now talk about this is a war not only against the terrorist organization of the kurdish terrorist group but they also say so against the islamic state and they're very happy to take on this operation because they say provide legitimacy they see this as legitimizing this turkish operation so they say it's not just against kurdish terrorists but the terrorists and that will be something. from the expected growing international criticism that it face when we get growing reports of civilian deaths and fears of a major refugee crisis writer who responded with the latest from inside turkey dorian thank you. all right let's take the story now to the u.s. capitol in washington d.c. our correspond carlos laker is standi
also the president said that u.s. president has now passed the baton to turkey when it comes to leading the fight against a so-called islamic state. reported inside turkey that now the turks not the americans are expected to lead the fight against isis. but all the statements coming from turkey should fischer's now talk about this is a war not only against the terrorist organization of the kurdish terrorist group but they also say so against the islamic state and they're very happy to take on...
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the u.s. is hurting china's chances of becoming a world leader in the sector days before trade talks is due to resume the americans insist the blacklisting has nothing to do with the trade talks saying it keeps human rights and economic concerns separate however the white house is reported to have previously shelved ideas that would have shown a light on chinese abuses for fear of the railing the discussions china says the surveillance and she jang is part of a fight against muslim extremism now beijing has to watch on the list of chinese firms banned from trading with the u.s. gets longer still. and joining me from war here in the studio now is to use china expert clifford couldn't clip it this is not the 1st blacklist issued by the united states what's different this time well i think the intention behind this seems to be more political certainly they've expressed it as a political move but we've already seen weiwei as you mentioned i think this is looking at some very key areas in china par
the u.s. is hurting china's chances of becoming a world leader in the sector days before trade talks is due to resume the americans insist the blacklisting has nothing to do with the trade talks saying it keeps human rights and economic concerns separate however the white house is reported to have previously shelved ideas that would have shown a light on chinese abuses for fear of the railing the discussions china says the surveillance and she jang is part of a fight against muslim extremism...
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also on the show u.s. vice president mike pence attacks china on intellectual property and human rights violations just ahead of crucial trade talks. and argentineans head to the polls on sunday to elect their next president incumbent mark you will have a tough time in the midst of a deep economic crisis. it's time for business on the w m how you get us welcome to the program never give up that's how the european central bank's chief mario draghi summed up the lessons of his 8 year tenure at the top of europe's most important financial institution there were no surprises during his last u.c.b. meeting on thursday interest rates will remain at 0 percent as expected god is due to take over in a few days mario druggies monetary policy was not always popular but the spite all the controversies his support for the euro never wavered. standard rituals and costumes the blue suit the reserved the business like demeanor for the 65th and final time mario draghi enlightens the world about e.c.b. monetary policy their
also on the show u.s. vice president mike pence attacks china on intellectual property and human rights violations just ahead of crucial trade talks. and argentineans head to the polls on sunday to elect their next president incumbent mark you will have a tough time in the midst of a deep economic crisis. it's time for business on the w m how you get us welcome to the program never give up that's how the european central bank's chief mario draghi summed up the lessons of his 8 year tenure at...
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india europe and the u.s. for their work on eradicating poverty will have a closer look at the 3 lawyers. walk up to the business asia in berlin good to have you with us china wants further talks to hammer out the details off a phase one trade deal agreed by u.s. and chinese negotiators on friday bloomberg news reports this beijing may send a delegation to finalize a written deal that could be signed by u.s. president trump and the chinese president xi jinping at the asia pacific economic cooperation summit next month in chile there are reports china wants trump to also scrap a plant terrified in december in addition to the hike scheduled for this week. but this comes as a fresh data from china shows just how much the trade war weighs on its economy china's imports and exports fell by more than analysts expected in september official government data showed flagging demand it home and abroad weighing on the world's 2nd largest economy the news from china customs isn't rosy. trying as foreign trade has shrunk mo
india europe and the u.s. for their work on eradicating poverty will have a closer look at the 3 lawyers. walk up to the business asia in berlin good to have you with us china wants further talks to hammer out the details off a phase one trade deal agreed by u.s. and chinese negotiators on friday bloomberg news reports this beijing may send a delegation to finalize a written deal that could be signed by u.s. president trump and the chinese president xi jinping at the asia pacific economic...
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more u.s. tariffs this time not for china but europe the transatlantic trade spat over airplane subsidies takes off as billions of dollars in u.s. terrorist e.u. specialty exports like wine cheese or ham also coming up the g 20 leaders discuss new forms of digital payments but a watchdog group warns even alternatives to bitcoin could hamper the fight against money laundering and terror financing and there are growing fears the world could slip into recession because china the world's 2nd biggest economy disappoints with weaker than expected data in the 3rd quarter. on kris kobach of the program a new round of tit for tat terror the united states has begun imposing levies on 7 and a half $1000000000.00 worth of goods from the european union the world trade organization approved the punitive measures for subsidies that the e.u. gives airbus planes united states orginally went to the w t o back in 2004 the duties affect a long list of products like wine cheese or ham the european commission has a
more u.s. tariffs this time not for china but europe the transatlantic trade spat over airplane subsidies takes off as billions of dollars in u.s. terrorist e.u. specialty exports like wine cheese or ham also coming up the g 20 leaders discuss new forms of digital payments but a watchdog group warns even alternatives to bitcoin could hamper the fight against money laundering and terror financing and there are growing fears the world could slip into recession because china the world's 2nd...
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u.s. and chinese officials today re commenced talks on a comprehensive trade deal more than one and a half years ago u.s. president on the tram said a trade war was good and easy to win ever since the whirls 2 top economies have been clashing at various stages of escalation hampering global growth along the way now they're talking or taking another shot at resolving the dispute. it's the 13th rhyme just talks and once again the question on everyone's mind is will they or won't they make a deal after a 15 month conflict that seen both sides impose hundreds of billions of dollars worth of tire of the stakes are high. america does not love imposing. in fact we would prefer not to use but after years of discussions the no tariff of only forcing a number of. us to pay attention to our concerns. both sides made some concessions in advance beijing rolled back tariffs on u.s. pork and soybeans and in response the united states agreed to postpone the next steps of tariffs on china until the middle
u.s. and chinese officials today re commenced talks on a comprehensive trade deal more than one and a half years ago u.s. president on the tram said a trade war was good and easy to win ever since the whirls 2 top economies have been clashing at various stages of escalation hampering global growth along the way now they're talking or taking another shot at resolving the dispute. it's the 13th rhyme just talks and once again the question on everyone's mind is will they or won't they make a deal...
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confirm to report quote some u.s. officials are saying that if the brits had to deal between the european union and britain it's mostly bloody i'm awaiting over old backing from the government in london other fold comes after and laughing stock our negotiations ahead of those days in. takur ghar business africa with market job seekers up next more world news of the talk a bit of good. people for facebook and twitter. to date and in touch. listen carefully. to get. discovered. the i. subscribe. documentary to. what is offical doing to fight climate change the climate chances summit africa 2900 kicks off today in ghana we go live to our correspondent in a war also coming out how a new app is helping to find a band and i'm so tired fields called commas in ivory coast and 10 years after spain's real estate crisis thousands take to the streets in madrid demanding the highest state pensions. welcome to do your business africa monica johnson berlin good to have you with us delegates from across sub-saharan africa are in ghan
confirm to report quote some u.s. officials are saying that if the brits had to deal between the european union and britain it's mostly bloody i'm awaiting over old backing from the government in london other fold comes after and laughing stock our negotiations ahead of those days in. takur ghar business africa with market job seekers up next more world news of the talk a bit of good. people for facebook and twitter. to date and in touch. listen carefully. to get. discovered. the i. subscribe....
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side claimed it's nothing but an excuse created by the u.s. to interfere in china's internal affairs that you. like the tone on both sides less than conciliatory the odds of reaching agreement on thorny issues like intellectual property don't appear too favorable. let's talk more about this issue with. business rob the backdrop for these talks could hardly be more challenging we heard about the blacklisting of chinese companies by the u.s. and there's a spat between beijing and the north american pro basketball league but allegedly this issues are not supposed to impact the talks is there any indication that this is plausible yes or the united states says is that it keeps human rights issues such as the jang and the the blacklisting of these 28 companies completely separate from economic. issues so you say this is got nothing to do with these talks coming up however the timing of this blacklisting does make that. perhaps implausible and certainly the chinese have taken it as being linked in some way they've said that as a result of what's happ
side claimed it's nothing but an excuse created by the u.s. to interfere in china's internal affairs that you. like the tone on both sides less than conciliatory the odds of reaching agreement on thorny issues like intellectual property don't appear too favorable. let's talk more about this issue with. business rob the backdrop for these talks could hardly be more challenging we heard about the blacklisting of chinese companies by the u.s. and there's a spat between beijing and the north...
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the u.s. has the go ahead to put tariffs on 7 of the half $1000000000.00 worth of e.u. goods that's the decision of the world trade organization the penalty based on its ruling that the european union pay the legal subsidies to european playmaker bus american rival boeing could avoid tariffs by obeying the w.c. or. it's the latest move in an epic 15 year battle revolving around 2 giants of the corporate world on one side europe in its airbus on the other america's boeing. the do we know has found both the european union and the united states guilty of paying unlawful subsidies to their respective plane makers but with the us bringing it case against the e.u. 1st the white house has its nose in front getting to dole out the 1st punishment speaking in anticipation of wednesday's ruling the use trade commissioner into the 20 u.s. tariffs wouldn't go unanswered. we are exploring all kinds of areas where we could react but as you know for the moment until the and if the american tyrants tickin we a
the u.s. has the go ahead to put tariffs on 7 of the half $1000000000.00 worth of e.u. goods that's the decision of the world trade organization the penalty based on its ruling that the european union pay the legal subsidies to european playmaker bus american rival boeing could avoid tariffs by obeying the w.c. or. it's the latest move in an epic 15 year battle revolving around 2 giants of the corporate world on one side europe in its airbus on the other america's boeing. the do we know has...
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for its part the u.s. says it keeps human rights and economic concerns separate but it is reported to have previously shelved releasing information that would have shown a light on chinese abuses for fear of derailing negotiations the decision to announce the allegations this week has done little to ease tensions between the world's 2 largest economies. and for more on this let's go to our financial correspondent in new york quarter yes the u.s. says that this latest news this latest addition to the export blacklist should not affect the upcoming trade negotiations what are markets say. well it's hard to imagine that the trade talks or will not do you whale after all this latest news so by the way we also heard that there will be visa restrictions on chinese fish olds and the stock market here quite a bit we saw blue chips are losing 300 points and we basically did see some of the stocks that are in the midst of those trade dispute with that loss the most. now yes this is the 13th round of negotiations bet
for its part the u.s. says it keeps human rights and economic concerns separate but it is reported to have previously shelved releasing information that would have shown a light on chinese abuses for fear of derailing negotiations the decision to announce the allegations this week has done little to ease tensions between the world's 2 largest economies. and for more on this let's go to our financial correspondent in new york quarter yes the u.s. says that this latest news this latest addition...
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u.s. tech giants facebook alphabet and then to sort of wrap that up we have the fed on wednesday which is expected to cut rates and to the u.s. jobs report so a lot to look forward to. a busy week for you and me thank you very much charles the delay in france and now to some of the other global business news making headlines today french luxury goods group v.m. age has reportedly offered 14 point $5000000000.00 u.s. dollars for the u.s. jeweler tiffany the financial times reports that the louisville we don't own up made the whole national office for the iconic u.s. company earlier this month tiffany is expected to reject the bid. space tourism is about to go public in a few hours investors can trade shares of virgin galactic on the new york stock exchange for the 1st time since its founding in 2004 virgin galactic has raised more than $1000000000.00 to develop a commercial service to take tourists to space. now law is big business in the northeastern u.s. state of maine the industry to bui
u.s. tech giants facebook alphabet and then to sort of wrap that up we have the fed on wednesday which is expected to cut rates and to the u.s. jobs report so a lot to look forward to. a busy week for you and me thank you very much charles the delay in france and now to some of the other global business news making headlines today french luxury goods group v.m. age has reportedly offered 14 point $5000000000.00 u.s. dollars for the u.s. jeweler tiffany the financial times reports that the...
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this is you don't mean it was live from berlin u.s. lawmakers approve the rules for the trump impeachment inquiry the resolution passes by a comfortable majority in the democratic controlled house so what does this mean for the president will go to washington to find out also coming up a chill goes right through hong kong's party district for halloween police fire tear gas to disperse pro-democracy demonstrators the protesters have taken over the party zone on what's usually one of the busiest nights of the.
this is you don't mean it was live from berlin u.s. lawmakers approve the rules for the trump impeachment inquiry the resolution passes by a comfortable majority in the democratic controlled house so what does this mean for the president will go to washington to find out also coming up a chill goes right through hong kong's party district for halloween police fire tear gas to disperse pro-democracy demonstrators the protesters have taken over the party zone on what's usually one of the busiest...
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what should have been a defining day in the ongoing opioid crisis in the u.s. leaves many questions as a traveler mark trial in the state of ohio is settled for millions of dollars of the battle is far from over. also on the program the e.u. faces south palm oil imports from malaysia on environmental grounds book while the long for says it's accelerating sustainable development. and it's been one of asia's top travel destinations but now thailand. tourism industry is sounding the alarm chinese visitors especially are developing a taste for other places. for business on the w. and for your guests it's good to have you with us monday should have seen the start of the biggest ever court battle in the ongoing opioid crisis in the u.s. but shortly before the trial began the parties decided to settle the case the 2 suing counties in ohio will receive $260000000.00 from pharmaceutical companies however thousands of similar cases are still open. these flags bear witness to an american tragedy they represent the 400000 people who have died of an opioid overdose over the
what should have been a defining day in the ongoing opioid crisis in the u.s. leaves many questions as a traveler mark trial in the state of ohio is settled for millions of dollars of the battle is far from over. also on the program the e.u. faces south palm oil imports from malaysia on environmental grounds book while the long for says it's accelerating sustainable development. and it's been one of asia's top travel destinations but now thailand. tourism industry is sounding the alarm chinese...
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s live from turkey ignores u.s. sanctions and head with day 7 of its offensive in northern syria but russia says syrian government forces now control the key town of man beach as they seek to contain the turkish assault also on the program the president of both kerry's football federation resigns after racist abuse of england's players of the shadows a euro 2020 qualifier players were subjected to monkey chants and nazi salutes the incident raises more questions about how to tackle racism in focus.
s live from turkey ignores u.s. sanctions and head with day 7 of its offensive in northern syria but russia says syrian government forces now control the key town of man beach as they seek to contain the turkish assault also on the program the president of both kerry's football federation resigns after racist abuse of england's players of the shadows a euro 2020 qualifier players were subjected to monkey chants and nazi salutes the incident raises more questions about how to tackle racism in...
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against the u.s. the u.s. actually is waging against asia and europe german foreign minister monster has. told german media that the you will indeed retaliate with terror against the u.s. the beads you know markets well the reaction markets have been actually pretty interesting we're not seeing much of a sell off actually yesterday we saw some of the companies that would be sort of subject to these tariffs actually rise investors are saying is that people had expected worse. the u.s. said they were going to impose 10 to 25 percent tariffs on $7500000000.00 and people are expecting a higher level of tariffs but at the same time what investors are saying is you really can't. sort of sleep on this risk here because this is sort of a return to the focus on a u.s. europe trade tensions which have really been in the background to the u.s. china tensions so you know the risk here is that this is an escalation and if the u.s. the u.s. is now imposing more tariffs on european the european union could hit back but what
against the u.s. the u.s. actually is waging against asia and europe german foreign minister monster has. told german media that the you will indeed retaliate with terror against the u.s. the beads you know markets well the reaction markets have been actually pretty interesting we're not seeing much of a sell off actually yesterday we saw some of the companies that would be sort of subject to these tariffs actually rise investors are saying is that people had expected worse. the u.s. said they...
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go one step further and ramp them up as u.s. treasury secretary minucci and threaten the turkish economy could be in a tight spot the country's currency the turkish lira collapsed sharply in recent months and drag the economy down with it. earlier today i spoke to a. director of global risk analysis at control risks and i asked her how much damage to the u.s. could actually do to the turkish economy. well is any sanctions usually from the point of view of political impacts they they produce this is the rallying around the flag effect so even though the. electoral base has been suffering a lot in the recent months some devaluation of the new year are in generally from rising prices but this riding on the flag effect is going to increase at least in the short term or dance popularity and help him to put across the message that is it wasn't his policies that are responsible for economic slowdown but the conspiracy from the west but it all depends how long those sanctions are going to continue clearly turkey can withstand in the sho
go one step further and ramp them up as u.s. treasury secretary minucci and threaten the turkish economy could be in a tight spot the country's currency the turkish lira collapsed sharply in recent months and drag the economy down with it. earlier today i spoke to a. director of global risk analysis at control risks and i asked her how much damage to the u.s. could actually do to the turkish economy. well is any sanctions usually from the point of view of political impacts they they produce...
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this is your business report i'm stephen beers in berlin thanks for joining us u.s. president donald trump says he'll meet with top chinese negotiators on friday as the 2 sides enter the 13th round of trade talks hopes are muted for a grand bargain although investors would like to see a reversal of plans u.s. import tariffs scheduled to hit next week and begin in simberg the trade dispute between the world's 2 largest economies has spread uncertainty across the globe and contributed to a larger economic slowdown. and let's go to our financial correspondent in new york he ends quarter for more on this now yes from an investor perspective what exactly does success look like in these trade talks. well i mean certainly investors are hoping that we won't see an escalation of trade disputes but if you look at it realistically and at the real economy if you look at the big u.s. corporations they will probably have to live with the uncertainty because china is not going to change their industry strategy overall meaning for example that there will be subsidies for chinese cor
this is your business report i'm stephen beers in berlin thanks for joining us u.s. president donald trump says he'll meet with top chinese negotiators on friday as the 2 sides enter the 13th round of trade talks hopes are muted for a grand bargain although investors would like to see a reversal of plans u.s. import tariffs scheduled to hit next week and begin in simberg the trade dispute between the world's 2 largest economies has spread uncertainty across the globe and contributed to a larger...
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mike pence wants u.s. corporations to stand firm or against chinese pressure he pilloried them as social justice champions which check their social conscience as the beijing store. and far too many american multinational corporations have kowtow to the lure of china's money and markets by muzzling not only criticism of the chinese communist party but even affirmative expressions of american values. in fiery rhetoric hence also claim that u.s. trade deficits had rebuilt china over the last 25 years and that the american people back washington's trade stance towards beijing when the largely agricultural phase one deal is signed the u.s. wants to tackle the more thorny issue of intellectual property theft and u.s. china trade talks resume on friday. let's go it's your jealousy the lady of financial correspondent in frankfurt is tracking this story for us where are we at in this trade war vein it's been raging for what 16 months now almost. 16 months and it's still pretty early innings for this this trade nego
mike pence wants u.s. corporations to stand firm or against chinese pressure he pilloried them as social justice champions which check their social conscience as the beijing store. and far too many american multinational corporations have kowtow to the lure of china's money and markets by muzzling not only criticism of the chinese communist party but even affirmative expressions of american values. in fiery rhetoric hence also claim that u.s. trade deficits had rebuilt china over the last 25...
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will face questions on the matter today by u.s. lawmakers. on preschool welcome to the program russian president vladimir putin is hosting dozens of african leaders today and such she for the 1st ever russia africa summit chief of aims to jumpstart with the continent 3 decades after the fall of the soviet union then major player in africa 54 delegates including heads of state and government are expected to attend the 2 day meeting with trade and investment high on the agenda. now russia has big plans in africa particularly in mineral resources like in the republic of congo where although multinational lukoil is involved in a natural gas development project in sudan and the central african republic a close ally of president putin has secured mining on instances for gold in guinea a russian aluminum producer is doing on back side iraq that contains high levels of aluminum and in zimbabwe russia wants to get into platinum mining by a company called afro met while until now russia has seen relatively muted trade with african countries exports and
will face questions on the matter today by u.s. lawmakers. on preschool welcome to the program russian president vladimir putin is hosting dozens of african leaders today and such she for the 1st ever russia africa summit chief of aims to jumpstart with the continent 3 decades after the fall of the soviet union then major player in africa 54 delegates including heads of state and government are expected to attend the 2 day meeting with trade and investment high on the agenda. now russia has big...
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a u.s. delegation heads to turkey to broker a cease fire in northern syria the u.s. vice president and the u.s. secretary of state will try to persuade all correct.
a u.s. delegation heads to turkey to broker a cease fire in northern syria the u.s. vice president and the u.s. secretary of state will try to persuade all correct.
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u.s. manufacturing slumps to a 10 year low deepening fears that the u.s. china trade war could inadvertently lead to a recession. serious farmers in the netherlands take to the streets in their tractors causing bumper to bumper traffic for miles to tell you why. and the us the green power sector faces some powerful headway. this is the the way of business i'm. in berlin while we start in the u.s. where manufacturing has taken a hit the latest survey of the sector showed a tumble to a 10 year low the institute for supply management's purchasing managers index fell for the 6th straight month of the sharp decline in exports and slowing consumer spending the contraction in the manufacturing sector is now fanning fears of a recession in the u.s. . let's cross over to us and alisa haro on the wall street center we spit of an irony there the whole point of the trade war is to protect u.s. industries from foreign dominance now that that hasn't worked are we going to see a change of course. you never know with trumpet ministration you know but it is all going to re
u.s. manufacturing slumps to a 10 year low deepening fears that the u.s. china trade war could inadvertently lead to a recession. serious farmers in the netherlands take to the streets in their tractors causing bumper to bumper traffic for miles to tell you why. and the us the green power sector faces some powerful headway. this is the the way of business i'm. in berlin while we start in the u.s. where manufacturing has taken a hit the latest survey of the sector showed a tumble to a 10 year...
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side claimed it's nothing but an excuse created by the u.s. to interfere in china's internal affairs. with the tone on both sides less than conciliatory the odds of reaching agreement on thorny issues like intellectual property don't appear too favorable. now let's get the market's view on these talks with our financial correspondent and advised frankfurt i meant as a backdrop as we saw it would hardly be more challenging in the united states more chinese companies and then there's the spat between beijing and the north american basketball league over free speech is there never the less optimistic that the talks later today will. some meaningful results. well one could argue that there is at least hope because the voc it's not completely deteriorating they're more or less flat it's a choppy trading session about and many d n a could be enraged community and could look like that actually the chinese will buy more us from production in return the us will ban drop they are announced tariffs which could would become effective next week but the us
side claimed it's nothing but an excuse created by the u.s. to interfere in china's internal affairs. with the tone on both sides less than conciliatory the odds of reaching agreement on thorny issues like intellectual property don't appear too favorable. now let's get the market's view on these talks with our financial correspondent and advised frankfurt i meant as a backdrop as we saw it would hardly be more challenging in the united states more chinese companies and then there's the spat...
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last year the u.s. exported around 5 and a half 1000000 kilos of lobster to china this year it looks like it'll only be around a 1000000. not long ago china raised the tariff on them from 25 percent to 35 percent bad news for business owners like tom adams. we need all markets it's a big industry it's a big business for the state and they can't be any kind of secluded from 2 major market places due to tariff disadvantages is really makes it that much harder for our business to private. canadian competitors have now seized around 90 percent of the lobster trade with china to make up for collapsing exports manes lobster industry has to unlock new markets fortunately other asian countries like singapore and malaysia have begun to develop a taste for the product. as the trade war between the us and china drags on michael libby is now also seeking to sell as many of his lobster as possible to local restaurants. he doesn't get as much for them as he used to. but at least the beer at the end of the day is on t
last year the u.s. exported around 5 and a half 1000000 kilos of lobster to china this year it looks like it'll only be around a 1000000. not long ago china raised the tariff on them from 25 percent to 35 percent bad news for business owners like tom adams. we need all markets it's a big industry it's a big business for the state and they can't be any kind of secluded from 2 major market places due to tariff disadvantages is really makes it that much harder for our business to private. canadian...
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go one step further and ramp them up as u.s. treasury secretary minucci and threatens the turkish economy could be in a tight spot the country's currency the turkish lira collapsed sharply in recent months and drag the economy down with it. well let's speak to. his director of global risk analysis consultancy risk. how much damage can the u.s. do to the turkish economy. the turkish economy has been going for a period of rather prolong the cannot make turbulence following the introduction of the previous u.s. sanctions and there actually has been coming out of the period of recession and it covering serious economic fundamentals today look at much better than they looked in 2018 when the 1st u.s. sanctions were imposed and so far we've seen the rather limited reaction from the markets you know partly because the 1st set of the sanctions that was announced yesterday actually are rather limited sanctions as you mentioned they're primarily focused on individuals from free ministries but what i think is very important for an economy
go one step further and ramp them up as u.s. treasury secretary minucci and threatens the turkish economy could be in a tight spot the country's currency the turkish lira collapsed sharply in recent months and drag the economy down with it. well let's speak to. his director of global risk analysis consultancy risk. how much damage can the u.s. do to the turkish economy. the turkish economy has been going for a period of rather prolong the cannot make turbulence following the introduction of the...
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u.s. china trade war is casting a long shadow slowing china growth could even calls global recession. and that's your business update thanks for watching. we saw the different languages we fight for different things that's fine but we also make up for freedom freedom of speech and freedom of the press. giving freedom of choice global news that matters. made for minds. i'm not laughing out of the well just sometimes i am but i'm still laughing when. the german thinks deep into the german culture of looking at stereotypes bequests but interesting to see from the country that i no longer. needed to take for this drama. it's all that. i might show join me to meet the germans on the w. . post. this is deja news africa coming up in the next 15 minutes. radio's reach i'll be talking to the journalists who've made it their mission to empower refugee communities with reliable information. and different mediums similar message we'll take a look at a project in ghana that's trying to give women girls
u.s. china trade war is casting a long shadow slowing china growth could even calls global recession. and that's your business update thanks for watching. we saw the different languages we fight for different things that's fine but we also make up for freedom freedom of speech and freedom of the press. giving freedom of choice global news that matters. made for minds. i'm not laughing out of the well just sometimes i am but i'm still laughing when. the german thinks deep into the german culture...
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as the u.s. china trade war hits asian economies regional leaders creating their own pact to foster growth the regional comprehensive economic partnership would create the world's largest free trade zone population wise and southeast asian leaders a close to hammering out the final details the china backed deal includes big players like india japan and australia it's seen as an alternative to the transpacific partnership that stalled after president of trump withdrew the us but india is concerned about a possible deluge of imports from china and once last minute changes this could scupper the chances of progress at the summit that starts this weekend in bangkok dave chaddha ji is following developments from mumbai forests and we've got andre hang in the trading hub of singapore they have starting with you are india's concerns justified. absolutely to a large extent though this concerns are justified if you look at india we have one will 600000000 poor and worse and who are. different of this in t
as the u.s. china trade war hits asian economies regional leaders creating their own pact to foster growth the regional comprehensive economic partnership would create the world's largest free trade zone population wise and southeast asian leaders a close to hammering out the final details the china backed deal includes big players like india japan and australia it's seen as an alternative to the transpacific partnership that stalled after president of trump withdrew the us but india is...
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most exxon sec a shut down last year after u.s. prosecutors accused it of using a wide range of sham foundations and shell companies to hide clients assets from tax authorities neither it nor netflix offered any initial comment on the lawsuit netflix adds the laundromat to its platform on friday. and now to some of the other stories making headlines around the world facebook c.e.o. mark zuckerberg says his platform has been unable to overcome china's strict censorship and the chinese never let facebook in he did not say what conditions or assurances he would need from beijing to enter the tightly supervised market mrs arkell berg attacked the rapidly growing chinese short video app to talk saying it censored political protest including in the united states saudi arabia's oil giant aramco is reportedly postponing it stock market launch to december or possibly january next year and wants to update 3rd quarter earnings valuation targets following an attack on the ramp of facilities in the temple who is widely expected to raise $200000
most exxon sec a shut down last year after u.s. prosecutors accused it of using a wide range of sham foundations and shell companies to hide clients assets from tax authorities neither it nor netflix offered any initial comment on the lawsuit netflix adds the laundromat to its platform on friday. and now to some of the other stories making headlines around the world facebook c.e.o. mark zuckerberg says his platform has been unable to overcome china's strict censorship and the chinese never let...
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president of trump says the u.s. and china will search choose a new place to sign a phase one trade deal in november the idea was to finalize it at the apec summit in chile that was cancelled of the mass demonstrations that so deaths and arrests. and germany's highest court has upheld the acquittal of 3 former bank managers who were accused of fraud the case against the boy. well they did to the bankruptcy of the kish media group in 2003 the bulling is final. began to continues to struggle with the impact of plastic waste on the environment the government is reconsidering a total ban on plastic sanford's pushback from manufacturers but this next entrepreneur says there are so many alternatives that a biodegradable and affordable. to choose the biz material innocent as they would selection himself. and the teas one room want shop he said it is to make at least 3 power extension plugs a day. he's keen on safety so the trained electrician takes caution in fitting the why is and the popular. it takes him about 2000 each
president of trump says the u.s. and china will search choose a new place to sign a phase one trade deal in november the idea was to finalize it at the apec summit in chile that was cancelled of the mass demonstrations that so deaths and arrests. and germany's highest court has upheld the acquittal of 3 former bank managers who were accused of fraud the case against the boy. well they did to the bankruptcy of the kish media group in 2003 the bulling is final. began to continues to struggle with...
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for its part the u.s. says it keeps human rights and economic concerns separate but it is reported to have previously shelved releasing information that would have shown a light on chinese abuses for fear of derailing negotiations the decision to announce the allegations this week has done little to ease tensions between the world's 2 largest economies. for more on the story let's cross over to taipei and d.-w. correspondent william yang this all sounds like a pretty bad start to these negotiations on thursday beijing already has voiced its stark. you know quite angry about this move and it's hard to envision that this sentiment doesn't spill over into the talks. yeah exactly so china's ministry of commerce have also asked the u.s. to mediately stop making irresponsible remarks and remove all chinese companies from the list of entities and some media reports have also pointed out that the chinese delegation is planning to cut short of their stay in washington so these are all make the prospects of this new
for its part the u.s. says it keeps human rights and economic concerns separate but it is reported to have previously shelved releasing information that would have shown a light on chinese abuses for fear of derailing negotiations the decision to announce the allegations this week has done little to ease tensions between the world's 2 largest economies. for more on the story let's cross over to taipei and d.-w. correspondent william yang this all sounds like a pretty bad start to these...