speech. global shares take a dive as the u.s. china trade what escalates regulator tariffs including american agricultural exports beijing takes the dispute to the world trade organization. also coming up fifty years since the assassination of martin luther king jr the disappointing economic opportunities for black americans. and how billions of your is an e.u. funds end up in criminal hands in slovakia. this is your business update on how to home free in berlin thanks for joining me markets plunged in the united states at the opening on wednesday spooked by the words trade war that despite the fact that u.s. president donald trump says his country is not in a trade war with china he says that war was lost many years ago by the foolish or

incompetent people he represented the united states that still he's doing his best to stoke tensions announcing new duties on a whole range of tech products and as feared china has retaliated. american soybean farmers need china the vast country bias thirty percent of the project it has a huge park industry mainly fed on soybeans but beijing has included soybeans on its list of punitive tariffs to encourage chinese pig farmers to buy outs where china will fight back by targeting very specifically industries that focus on the voter base that trump is seeking to appeal to the soyuz produced in states such as this constant in wyoming with a strong republican voter base just distract of chinese tariffs not one point seven billion dollars off u.s. soybean futures on wednesday shanghai residence cement impressed by the dispute. i

saw on the internet that we should boycott american goods probably well i can't speak clearly it will affect prices like on the imported goods we use in our daily lives but it won't have a major effect on our daily individual life i think those products aren't in huge demand if. chinese officials are wondering why the u.s. is spoiling what they call mutually beneficial trade relationship. for u.s. president donald trump the tariffs are a way of putting pressure on beijing he wants china to give up the benefits and protectionist measures it claims as a developing nation and known up to its status as a world trade heavyweight. and our financial correspondent so fisher matzke is in new york we can speak to her now sophie which shares especially it all being affected by these tit for tat measures and all investors now bracing themselves for

a lengthy battle for w t o involvement what's the scenario. well it would definitely hit a very high profile stocks in companies like boeing for example but what's really interesting to watch right now is the market's reaction it was a very volatile day the intraday feelings of that our girls were as high as seven hundred points so a lot of emotions as well and i think this volatility can be explained by the fact that some investors simply saw a buying opportunity to these relatively low prices so it doesn't mean that these concerns are gone but for now the investors seems to seem to be looking on the bright side of things here trump announced to be a little bit softer on after renegotiations so there is a lot of reason right now to be optimistic here in the markets although it might be hard to understand where we look back to the last stable and certainly other tech

companies joggling with the user data are concerned as well that the regulatory environment will happen for them and all and all at the same time uses data will hopefully be better protected in the future so there's definitely a good side to this so if you ski on a wall street first. reading this is an opportunity to take credit for the rise in employment among black americans in the economic situation has improved the study showed black workers are still chronically under it presented in high santa. even the american flag is in tatters here this is a black neighborhood in memphis tennessee the city where martin luther king was assassinated fifty years after his murder black people here earn forty eight cents for every dollar a white american makes. people are working in their spending all their lives and they're spending all these hours but they're not getting out of poverty they're

still in poverty so i don't know that i would say it is better that people are working. it's a way lavery. despite improvements in education blacks get less access to economic opportunities experts say they are trapped in structural inequality. nationally and the more money i have and i am i think i'm. trying to fight. like you. have to be very. it's five decades since martin luther king was murdered and for many here his struggle for economic justice has not yet been won. he won sold back in journalist investigating corruption and his fiance has sparked outrage so it's a cost to shutter of the eastern european countries a place to do business the kinds of corruption of all criminal gangs politicians

and a new agricultural fund's former your i bet ash was badly beaten up along this track he brought the printed smartphone pictures with him as evidence the competitors sent a group of armed thugs cut down his rapeseed and drove the fifty eight year old off the land he had leased state owned fields he'd farmed for decades his rival obviously had good connections to the local authorities his leasehold was canceled from one day to the next and transferred to his attacker. there's a lot of money at stake. today most likely they were only interested in getting their hands on the e.u. subsidies. better ash says organized crime gangs in eastern slovakia are taking over huge areas of arable land to become eligible for millions of euros in e.u. subsidies every year he says he knows of thirty other farmers who contribute away by violence and blackmail so far you're right paresh is the only one brave enough

to come forward and talk about it publicly the police and justice ministry have been informed but slovakian authorities remain unresponsive. they have so much power and influence they can manipulate the police they exert influence over administrative authorities and also manipulate the agency which distributes you subsidies when throwing up. this is the corrupt swamp that journalist the un court was investigating before he and his girlfriend were shot dead. a tragic wake up call for slovakians. in the eastern slovak city of caution demonstrators now rally in the streets every friday they're protesting against state corruption and bribery since korczak was murdered a steady string of corruption cases has been emerging into the open. in this public discussion amongst academics

a lot of the participants insist that although slovak is a condom is booming the rule of law in the country is weak. and it's about changing the atmosphere about turning slovakia into a polite country where where people have their rights except where are where we don't see corruption you or i better schwanke give up the fight for his fields he hopes the current protests will bring about change he doesn't expect help from the e.u. fighting corruption is a sovereign task for slovakia authorities. the feds are at train from london to amsterdam has completed its maiden journey it took less than four hours and from city center to city center it's actually just as fast as flying and with one way ticket starting at thirty five pounds it could be a game changer. the platform at london's simpang chris was mostly filled with officialdom just before the first amsterdam bound you're a star departed

a low small party of tourists also managed to get on board for an on time departure . and amsterdam route is euro stars first network expansion since one thousand nine hundred ninety four when the trains began connecting various cities in france and belgium the amsterdam service is aimed at passengers who would normally fly. with look at our experience in other markets in paris and brussels it seems that the customer doesn't value an alternative what we see at the moment is the airlines having a stranglehold on this market so when customers are given to the city center to city center the so fast. trying to go with wife. the response we get is yes. customers do take it up the first train to amsterdam made it almost on time but return passengers to london face delays due to

a train change in brussels the u.k. is not part of the e.u. is passport free shipping in zone and right now there are no separate international boarding areas in amsterdam and rotterdam making passport control in brussels a must for u.k. down passengers ok thanks for your company right now.

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