has kept his job after an investigation found he was not involved but he faces a battle to rebuild the team's reputation in the eyes of a cricket loving nation. that's it for me on without you know but to save indeed other news that monica is here and she has the business headlines coming up for you shortly don't go away. earth the home for saving google engineers tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions global warming due to its being done in series of global three thousand on t.w. and online. time for an upgrade. from a church that grows on buying. a house with no roof. or design

highlights you can make yourself. on stoops and tricks that will turn your home into something special. a great yourself with g.w. interior design channel on your two. bricks it is just twelve months away the british decision to leave the e.u. impacted the economy on both sides of the channel we get some news from the frankfurt stock exchange also on the show how is the latest diplomatic spat between east and west impacting german russian business relations we talk to our correspondent in moscow. welcome to d.w. business today is march the twenty ninth that means twelve months from now britain will formally leave the e.u.

now when it comes to the economy breaks it has done more harm than good so far let's take make a comparison here last year the euro zone's economy expanded more. that two percent but in the united kingdom g.d.p. rose just one and a half percent and this year the british economy is expected to slow even further now that weak economic outlook is also weighing on the power and its value has plummeted fifteen percent since the brics referendum of june twenty eighth sixteen and a weaker currency makes exports more competitive but imports more expensive and that has an impact on inflation which has risen more than three percent its highest point in five years that economic climate has led to increased borrowing average household debt but instead as a portion of income now totals around one hundred and fifty percent that's the second highest rate after canada of any advanced economy but so far london has made no move that would signal an exit from bricks and so with one year to go how is the

business world handling the prospect of britain leaving the e.u. our financial correspondent daniel cope tells us this from frankfurt. well the clock is ticking in only three hundred sixty five days until britain will leave under article fifty the european union and when you think about the progress that has been made this is indeed a little bit scary because all those talks all those negotiations have been extremely slow and also not very sensitive fish and right now there is again a discussion taking place about the transition time liam fox is the british trade minister stated that he would not support an extension to the near two year transition period he fears that an extension would not be popular the u.k. hopes to have forty trade arrangements with seventy countries in place and that is a lot right now there are so many unanswered questions in the banking sector very important here for people on the trading floor if you care banks will need an own

license to do business with other e.u. members also what all of this is going to mean for the u.k. airline so lots of work to do and yes as i said the clock is ticking a lot of challenges indeed to danielle but there has to be some upsides some benefits else fifty two percent would not have voted in favor of leaving the e.u. well i've been looking for those upsides indeed and experts are really divided about this issue and yes there are some are saying that we're making too much fuss about this brics that issue the original idea of course behind brics it was that the u.k. is paying too much every year to the european union money that could be better spent on the british economy but most of the experts are saying that this is not the case that at the and britain's britain and the country will be actually having lots of difficulties and that the british economy will be very hurt at least in the

first years of for sure are identical in france and thank you so much. well the german economy seems to be doing well germany has cut its debt loads thanks to a strong economy and a decline in the debts it ran up a bailing out banks during the financial crisis germany's national central bank that's the bundesbank announced the national debt fell to sixty four percent of g.d.p. at the end of twenty seventeen so germany is working its way closer to the sixty percent ceiling agreed upon by euro zone countries most of what germany's dead load came from working off shaky financial assets it had acquired as the government to bail out financial institutions that had suffered crippling losses were german business leaders had high hopes that the tarnished relations between germany and russia would improve in twenty eighteen instead things could deteriorate further as bill and his expanding for diplomats to russia the german government is joining

other european states in a concert at response to a nerve agent attack on a former russian spy in england which britain blames on moscow german industry fears this new diplomatic crisis could crush business ties with russia. it's been hard to come by any positive news about german russian trade relations these days the that's because of the reciprocal sanctions in effect. germany's recent decision to go ahead with building north stream to a gas pipeline that will transport natural gas to the e.u. one day is welcome news. the other good news is that trade between germany and russia picked up last year. he declined significantly in twenty fifteen falling almost twenty four percent following russia's annexation of crimea the year before bilateral trade hit rock bottom and twenty sixteen before starting to rise again in twenty seventeen. but once again relations between

russia and the west are turning sour new e.u. sanctions could be on the horizon in response to the attack on former russian spy sergey screw prague for more on the future of german russian business relations i'm joined by did of us. in moscow. so we just heard german business leaders are worried about the latest diplomatic crisis and its impact on business relations what are their russian counterparts saying. well of course money to russian companies are also subject to sanctions and to the latest diplomatic crisis some can no longer procure spare parts from abroad we're talking here about the knowledge e the aircraft industry mechanical engineering and so on other companies have funding problems by the way this also affect german companies loans are hard to come by when it comes to doing business with russia and as for the russian british

diplomatic tensions particularly i don't believe actions taken so far by the u.k. government will have a direct impact on their on russian businessmen based and acting in london for example i don't believe even that sanctions will reach putin and his associates the main impact will be that russians face more barriers to visiting the u.k. negatively impacting tourism and to the opportunity for russian people to experience best and culture so what impact then does this have on ordinary russians i mean they've lived with western sanctions for for quite some time now how does that impact their daily lives. well it's the other way around thanks to russian propaganda and the state run media and money the narrative of a circle of any mes which is becoming ever closer to russia is very widespread the heart of the west punished russia other than more stable putin's position seems to be at least for the broad population according to the not to know nothing can unite

as more than the heart rate had trait of a common enemy and s. for shops grocery stores they are still doing well the problem here in russia for people is not the lack of goods but the rising prices now. you know have having a common enemy that image also helped to put in to be reelected now him being reelected means some kind of stability for russia at least politically but what's it mean for the economy well of course a stable government is always good and putin is comfortable with reelection should have a coleman effect on the economy in a democracy that would apply but russia is not a real democracy putin's real popularity will show as soon as the ruble falls or the stores run out of food those who understand how it cannot mix work and know that isolation doesn't lead anywhere and russia is already totally isolated at

least from the western world which is where money is actually available if you're a shit or there in moscow thank you so much for this. well and some corporate news folks bought back almost three hundred fifty thousand to diesel cars from its customers in the united states but where to put them a comic a has leased thirty seven storage facilities including a shot it's been detroit football station stadium and this sun bleached desa graveyard in california the cars waiting to be fixed and resold but that takes time folks like may need even more parking lots as buybacks of emissions heating costs will continue in the united states through the end of next year. and dutch oil and gas giant shell is taking legal action against one of its former executives in connection with a two thousand and eleven oil deal in nigeria the company alleges a former high ranking employee might have been taking kickbacks during the three

hundred ninety billion dollars sale of an oil field the energy giant faces a corruption trial in italy which revolves around its acquisition of a different nigerian oil field the accused executive was working for shell when both deals took place in a bitch to hold environmental damage thai or ordered the temporary closure of one of the country's most famous beaches maya bay which is best known from here not to the copyist movie the beach has been visited by millions but now the beach will close for four months ago. tourism is a major factor in the thai economy the sector was responsible for over twelve percent of the country's gross domestic product last year. most tourists head to thailand's beaches so the decision to close my beach for four months will leave many visitors disappointed taia environmental already saying the move is essential

goal. if it is too late to save all islands there is no but if we don't do something today it will be too late by thailand has restricted tourist sites before to protect its environment for example and twenty eleven dozens of diving sites were closed to protect coral reefs but with the number of foreign visitors expected to grow the government has a tricky job it needs to find the right balance between protecting the environment and drawing tourists. that's your business update here on t w i'll be back with the latest in.

europe. unite. what defines. what binds the continent to get. answers. and stories aplenty. spotlight on people.

entering the conflict zone fronting the powerful so far the political fallout from catalonia is independence big shows no sign of being contained my guess this week here in brussels is sprains foreign minister alfonso das based how has the government failed to prevent the country's worst was arguably its most predictable political crisis in decades. in sixty minutes from. the. west bank the germany is a strong country. that we have achieved so much we can do this and do something henderson says we must overcome it. going where it's uncomfortable global news that matters w made for mines wouldn't be fighting for decades to be taken seriously in the world over what appears has come out. on t.w.

. this super hero on a mission smart women smart talks smart station on the edge and decent by no means missed out on it we're increasingly dangerous to. make for months. oh and a very warm welcome indeed to focus on europe with me peter craven and today we begin in hungary where people are due shortly to vote in a general election polls indicate that the far right prime minister viktor orban will win another sizeable majority in parliament. during the election campaign obama presented himself and his feet as policy as the gauntlet to insult.