between the world's tropical sphinx but first retreat from southeast asia ride sharing markets coming up next in business with events took place. they make a commitment. they find solutions. in stronger. africa on the road slow stories of both people making a difference in shaping their nation england and the continent of africa on the

move the stories about motivational change makers taking their destiny into their own hands t.w. is knowing multimedia series from. w dot com africa on the move. trade talks of looming trade war beijing and washington have stars of the goshi ations easing trade tensions between the world's top economies. egypt going to the polls to elect a new president how good has also uses of ministrations been pro-business. also on the show its practically worth nothing in the issues a special one rupee note to celebrate one hundred years of the rupee banknotes.

it's welcome to do business in south korea has agreed to cut steel exports to the united states by thirty percent in order to avoid. korea's trade minister described negotiations with the u.s. as fierce but insists that his country wasn't in a weak position the asian countries the third largest steel exported to the us off the canada and brazil pledge to reduce steel exports as part of revisions being made to the existing free trade deal between the u.s. south korea finally some good news regarding world trade let's cross over to our financial correspondent who's standing by at the frankfurt stock exchange germany's economics minister is looking at a similar way to avoid u.s. steel tariffs what equity markets saying about this recovering slightly. yeah well let me tell you carol this is actually a very interesting and dia and it also means that car companies from the u.s.

will be able to export the double amount to south korea without paying terrorists for donald trump remember that cars are always a very important he stated in the past that he doesn't really understand why you see so many asian and european cars on the american roads but not too many american cars whenever he travels abroad and yes peter the new german economist minister seems to be and favor off a similar compromise but she also said that those talks need to be done on the european level and that he cannot negotiate just for germany. look at equity markets right now investors seem to be hopeful a trade war between washington can be averted. well that's a little bit too early to say at the moment but yes you are right the markets here and europe are doing much better than actually expected the roots of index tax even

went up to a plaster of about zero point eight percent but yes experts are telling me that that fear of a possible to wage war is still there and that also those tears on china could be also hurting other countries in asia as well so they are telling me that there are still lots of rumors lots of space also for falling shares again in the upcoming days. at the frankfurt stock exchange thank you very much china's foreign ministry said that beijing was willing to hold talks with the united states to resolve their differences over trade on the weekends china's newly appointed finance minister want washington to rethink its trade policy and threatens to retaliate by hitting us our cultural exports. to the report the discussions will be led by china's economic czar u.s. treasury secretary steve and u.s. trade representative robert blight hisor topics they'll cover include manufacturing

and financial services u.s. president donald trump and recently announced tariffs of up to sixty billion dollars in chinese imports the chinese have said they won't be bullied. the mummy found baby misjudge the situation and underestimate china's determination and capacity for defending its legitimate interests also underestimate the price the us has to pay for its reckless behavior. u.s. business leaders in china are warning that a full scale trade war would not benefit either side. the response from our members has been one of concerned these actions could lead to a trade war which is something that nobody wants to see at the same time it's important to recognize that there has been a growing sense of frustration within the business community about the lack of progress and market access openings in china is increasing use of industrial policies minucci an in-line hisor sent to you a letter last week spelling out requests including greater u.s.

access to the chinese financial sector and the reduction of chinese tariffs on u.s. vehicles it also requested china increase its u.s. semiconductor purchases minucci was reportedly also considering a trip to beijing to continue the tunks. ride hailing from selling its southeast asian business to bigger regional rival grab that moss the u.s. companies second retreat from an asian market it is the industry's first big console the days inn in southeast asia home to about six hundred forty million people but will get a twenty seven point five percent stake in grab in exchange rivaling companies throughout asia have relied heavily on discounts and promotions in the highly competitive market that's driving down profit margins and increasing pressure for consultation the deal is the latest attempt to shore up its finances and refocus its business ahead of a planned initial public offering. egypt sions have begun three days of voting

to elect a new president but there are few doubts the president up to fatah. will win a second term his supporters say he's brought stability to a country rocks rest since twenty eleven that is important for tourism which is picked up again but all the postle the economy are still struggling. the times may be turbulent but businessmen on cairo's streets seem to be content with their president. or not you but you can bring me his replacement. if you can what would his replacement do and what does he present what will he present our president sisi can do it all. we want someone who we will be stable with. for. the support for el-sisi is obvious but have the egyptian people really done better during his administration unemployment has gone

down slightly but it's still high at almost twelve percent and egypt's deficit has widened now at over one hundred percent of g.d.p. . alone from the international monetary fund should help the economy twelve billion dollars six billion of which have already been distributed but the country needs to set a strict austerity plan in motion the government has to float the currency on international markets cancel energy subsidies and introduce a sales tax of fourteen percent. that's cause prices to rise and the egyptian pound has lost value inflation has increased under el-sisi last year up a daunting twenty five percent. it's hard times for businesses. and yet they still support the president's plans. of course i will vote for president sisi vote for him for the stability of the country. we're living in

stability. we have to keep living and stability. of the month it with. its unsure whether all the gyptian see it that way after all a third of the population still lives below the poverty line. when the government of india pulled all five hundred and one thousand rupee nodes from circulations two years ago it was trying to curtail the illicit economy but the bungled move resulted in a catastrophic cash shortage for businesses which relied on the large denomination notes eventually enough new notes came into circulation and the crisis in these indians are still getting used to the new cash is especially the quirky and essentially essentially worthless one rupee note printed to mark the rupees one hundredth anniversary. that brand new one rupee bank note i've never seen anything like this during my entire time in india it looks real and even comes with

a watermark quite elaborate given the fact that it equals just one euro cent but see what it buys. what it. was before and you know how do you see in something like that was the was seen in which. was good for this was you will see i think i'm going to give you lots of water. would you say it. was he was if. i would. or would you give me for that i want to be more yeah but what would you give me from a shop from washington thank you it was a free sample is all i get from my brand new one rupee. normally indians tend to be very proud of their currency the rupee you know old delhi you can even buy garlands made of banknotes wedding gifts even the old one

rupee note gets on it here but only for display there's not been a single printed for the last twenty years. until this new series. but even though the recently introduced new bills are more colorful in the old ones the garment makers on tapi with them. did you have an idea of the look the old fifty looks much better than the new one but those new bills are no good to look like fakes like toy money. don't go to. india central bank founded during the british colonial era is responsible for issuing the country's new cash it wouldn't comment on the new one rupee note though something that has a surprising explanation. currency calexico sheds light on the mystery technically the new one rupee note counts as a coin so. it's used by the government and not the central bank from the only reason for the new singles is the one hundredth anniversary of rupee banknotes.

even if you can't buy anything for us collectors the joy that there is a new one rupee note is beyond words. and it might pay to hold on to the new single the very first rupee note from nine hundred seventeen with a portrait of britain's king george the fifth sells for up to three hundred euros nowadays. and that for you. next but before you go. check. out this.

reliable. distance for six to. automotive.

w.'s program guide on. the highlights of the week the whole month. dot com highlights. one hundred million tons of sad. devastating everything is happening with deadly consequences from. dust storms. to become a global menace. growing in magnitude and frequency. once they start there's no stopping.

dust storm. surge of people seven on t.w. . it is the number one killer the number one non-communicable diseases that we are. alone welcome to drive with a d w mojo magazine coming up technology on board subarus new in place as always will drive and a lot more winter fun we try our best go to kodiak in finland. and we test bentley slightly more affordable as you've even been take a v eight. stylishly late to the.