greg was stripped of his u.f.c. lightweight felt earlier this week due to an activity a court hearing is set for friday. you're watching news still to come on the program u.s. president donald trump doubles down on a possible trade war with china beijing has a clear answer they will fight the measures at all cost and to the very end. see this if. they make a commitment. they find solutions. they inspire. africa the. stories for both people making a difference shaping their nation. and the continent of africa on the

move stories about motivational change makers taking their destinies into their own hands w.'s new multimedia series from. d.w. dot com africa on the move. well so much for deescalation donald trump doubles down on a possible trade war with china u.s. officials are to examine more tariffs on chinese imports beijing to fight the measures for the end also on the program as hungary holds national elections on sunday we take a look at what's behind the country's staggering economic growth and a green group threatens to take the oil major royal dutch shell to court if it fails to comply climates targets under the paris accord. this

is a business. donald trump has doubled down on a possible trade war with china the president has ordered u.s. officials to examine imposing an additional one hundred billion dollars worth of tariffs on chinese imports beijing announced to fight the measures at any cost only hours before business leaders add investors around the world had welcomed signs of the escalation in the dispute. u.s. president trump proposed the latest terrace in response to china levying tariffs and u.s. cars and soybeans that was also in retaliation to an initial round of terrorist washings and put on chinese products critics warned that an all out trade war could hurt the u.s. farmers worried this is the one thing that keeping an eye on what's happening out of washington what's happening with the markets that directly affects our lifestyle directly affects our pocketbooks in the way we planned for the following years are

we going to pay all the bills a share or are we gonna buy a new piece of equipment. you know do you get your kids you know a couple new pairs of shoes more than half of us lojban exports go to china so for us farmers any escalation of this trade dispute means they'll while it's could be taking a direct hit but this is a spot that even the u.n. secretary general is watching closely. well first of all to the wars are always the dead for those involved in the good war and for the international economy as a whole. we need to do it in the international cooperation we would do that is a problem that must be to that will that must be the season to go through to overcome the problem so far there is no dialogue instead the tit for tat continues china's ministry of commerce has already announced countermeasures saying it's ready to fight the u.s. at any cost. now financial markets reaction to this latest twist in the dispute has

been somewhat subdued i asked our financial correspondent why that was. it's difficult to understand and i don't really understand it but i think part of the explanation can be found in the fact that the market has already a corrected in a huge way since the end of february both tax and doubt leaving record highs way behind them on the upside and haven't corrected me in a major way but people do believe that it's very possible that the trade conflict as collates they know donald trump just doesn't believe in negotiated rule based trade he puts stress on u.s. industry and he has an argument people say here in the widening trade deficit in february the u.s. deficit increased by another nine hundred million to fifty seven point six billion dollars the largest deficit since two thousand and eight will have arts in frankfurt thank you no hungary and go to the polls to elect a new government on sunday the election comes against the backdrop of

a thriving economy domestic demand a strong private consumption at its highest level in three and a half years so let's take a look at the bigger picture here after hungary made a feeble recovery from the economic crisis and twenty ten g.d.p. growth began to pick up steam for the chief robust growth of over four percent four years later that moderated in the next couple of years but was again growing at full speed last year and that is showing on the labor market as well from a dismal eleven point eight percent in twenty ten we see it right there the unemployment rate fell steadily throughout the decade to three point eight percent last year that is a level that economists consider to be full employment prime minister viktor orban the government tries to take all the credit for an apparent booming economy but the truth is more complex take a look at this report. the people of jarl had hoped for better from the new street lights here in the suburb of the hungarian capital budapest they were supposed to

be replaced by l.e.d. lights but hundreds of the lamps were never installed millions of euros have been earmarked for street lighting upgrades in hungary in towns and cities mostly funded by the european union but the tendering process is controversial prime minister viktor orban son in law is said to have been effectively handed dozens of contracts if investigations by news websites direct thirty six are anything to go by. i was work the problem the problem in this case is that the conditions for the contracts were fixed in such a way that only the prime minister's son in law would be able to fulfill them you need to know that in hungary e.u. funds are distributed by the government. hungary has a corruption problem the e.u. is anti fraud office known by its french acronym oluf has advised the e.u. to reclaim the forty million euros lighting subsidies from hungary the country has

benefited greatly from it's a your membership only ten years ago it was almost bankrupt wages there stagnant e.u. funding has been the driving force behind its economic recovery by the end of twenty sixteen brussels the channeled a total of forty eight billion euros to hungary the country is one of the biggest net recipients of funding in the block. the e.u. also subsidizes a lot of investment in hungary something which encourage german firms to locate there three of the country's four biggest companies are subsidiaries of boston. hungry uses the e.u. cash to give tax breaks to foreign investors which also boost the economy and creates jobs. for more i'm joined by american car parties a journalist covering eastern european countries and he joins me from warsaw. is prime minister viktor orban right when he claims all the credit for hungary's recent economic development. well absolutely not i mean we have to say that

hungary's economy is doing pretty well would be foolish to not admit that but we have to look at the situation as a whole ten years ago as we saw in the film right there. hungary's g.d.p. growth was minus there was a recession. and now they're recovering and they have been recovering for a couple of years now so it's a good development in the sense that there is a healthy g.d.p. growth and kicked off of under this government they really as we just saw also they are managing to get foreign investment into the country while at the same time doing some protectionist policies as well i mean i went to the northern hungary and city of your recently and they are all very elated and very happy about having audi there it's really improved their city but at the same time of course all about is using all the funds to help his friends and his cronies and a good bit of nepotism there and that's in the long run is not going to be very

healthy for the hunger in the economy now you mentioned the e.u. funds hungary is one of the use countries with the highest growth rate is also among the countries resisting receiving the most do you subsidies why is that. well it has been very poor in the ninety's and early two thousand was the tiger of the new europe and then it has been performing very poorly also around the nomic worldwide crisis and to those in the day so the funds have been decided then and then in two thousand and thirteen fourteen so the hungary gets like around twenty five billion euros until twenty twenty from twenty fourteen to twenty twenty and then the negotiations next year will start again for the next period and it's going to be very tough for obama and for any other hunger in government to maintain this high level of funding it's not going to be that way probably it will come part

thank you for your analysis bad news from germany's industrial companies their output fell sharply in february showing the steepest decrease in almost two years overall industrial output was down one point six percent compared to the month before the plunge was led by sharp declines in manufacturing and construction analysts had predicted a slight increase the news comes one day after germany's industrial orders also disappeared. now while the world is looking for solutions to the threat of climate change a dutch and vironment of group has taking a more practical approach forced fossil fuels companies to stop drilling and shift towards renewable energy the first target is their homeland global player royal dutch shell they want to take the company to court and it could just be the beginning. is it possible to force a big oil company like shell to steer away from fossil fuels dutch environmental

group that you defense he is at least trying to they've given oil producer shell eight weeks to step up its efforts in developing renewables if nothing happens in that time they're taking the giant corporation to court. shell knows of global oil gas and coal reserves in the world that need to be kept on mind but still their c.e.o. told the world i'll mine everything i'm able to mine. coal one of the older. shale is among the world's ten biggest carbon emitters the environmental group claims the anglo dutch multinational has been responsible for two percent of carbon dioxide and methane emissions since the dawn of the petroleum era and yet it plans on investing only five percent in renewables. shell knows that carbon emissions need to be zero by twenty fifty but the company is only aiming to reduce

current emissions by half the need third of the military to see it in better health shell says it believes climate change should be driven by government policy not litigation taking legal action against large energy companies is becoming increasingly popular nine american milissa pallete is including new york city have sued fossil fuel companies they are seeking compensation for climate change damages . and that wraps up our show thanks for watching i'll be back here with a fresh update in forty five minutes.

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