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 america. and how billions of euros an e.u. funds end up in criminal hands in slovakia. this is your business update on how to have 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 by sturdy percent of their produce 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 the focus of the voter base truck is seeking to appeal to the soyuz produced in states such as this constant in wyoming with a strong republican voter base just as tract of chinese tariffs not one point seven billion dollars 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 in 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 sophie szymanski is a new york we can speak to her now sophie which shares especially 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 very high profile stocks and 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 swings of the dow jones 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 investor 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 ace all right well let me some of the optimism because facebook has just said that eighty seven million users in fact have been affected by the cambridge analytical breach significantly higher than the

fifty million that we first heard about what is that doing to the company's share price and of course all the tech firms which deal with people's data. was certainly not helping has another stock as deep and correction territory and facebook was one of the best performing stocks during the past year before the scandal broke the investment bank morgan stanley kept its price target on facebook shares to two hundred dollars down from two on the thirty dollars and the scandal could lead to more government regulation and a de chris decrease in daily active users and this is definitely a key metric for the company would say again would have a negative impact on the companies at seo for now the stock seems to be caught in a downward spiral and certainly other tech companies juggling with the user to enter are concerned as well that the regulatory and viral. what will happen for them and all and all at the same time you have data will hopefully be better

protected in the future so there's a good side to this. so if you should matzke on a wall street first good to talk to you. 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 represented in high salary jobs 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 in their spending all this 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 the people are working. it's

a wage slavery. 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 shares and i almost think. when trying to find if you. really have the mind of a phone it's five decades since martin luther king was murdered and for many here his struggle for economic justice has not yet been won. him sold. 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 claims of corruption involved criminal gangs politicians and cultural funds. farmer your i bet ash was badly beaten up along the stracke he brought the printed smartphone pictures with him as evidence

a competitor 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. 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. who

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. this is the corrupt swamp that journalist on court was investigating before he and his girlfriend were shot dead. a tragic wake up call for slovakians. in the eastern slope at city of course it's our demonstrators now rally in the streets every friday they're protesting against a 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. when

it's about changing the atmosphere about that turning slovakia into a polite country where where people have their rights accepted to where where we don't see corruption you or i bet ash won't 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 fest's arik 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 fifty 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 euro study pondered a low small party of tourists also managed to get on board for an on time departure . and amsterdam route is year of 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. we look at our experience in other markets in paris and brussels the same to the customer because value an alternative to what we see at the moment is they are like having a stranglehold on this market so what customers are given to the city center to city center the fast with great trains you know with. 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.'s passport free sharing 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. bound passengers. thanks to your company right now look at the wall pockets.

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