as trump and merkel meet in washington can the so-called teflon chancellor of germany convince the u.s. president to drop tariffs on e.u. steel and i'll minium we've got the analysis also coming up. euro zone finance ministers say the end to greece's multi-billion bailout program is in sight the country's got plenty of work to do and amazing amazon the company doubles its first quarter profits. also coming up breathing the best hand is the key to finding success in ethiopia. i'm daniel winter and this is your business update germany is a major export nation and that's why trade issues were high on the agenda on friday when anglo muckle met donald trump especially u.s.

import tariffs they'd have a huge implication on a variety of industry sectors including the car industry here's what's at stake for the german economy and what is seventy german companies a sold goods to the u.s. worth almost one hundred twelve billion euros mainly cars machinery and pharmaceutical products in the opposite direction the u.s. has sold goods what about sixty one billion euros to germany mainly computer technology pharmaceutical products and vehicles now that created a trade deficit of around fifty billion euros a bone of contention between merkel that trump the lack of parity and trade will likely remain in the foreseeable future so how are investors handling the tariff uncertainty in the face of the looming may first deadline our frank markets correspondent and that advice had this to say. yeah there's kind of an interesting

one because nobody is really very much alert and afraid we have seen a rather benign market today so it seems that investors are not overly varying about a looming trade war it is an interesting fact that even on wall street people are divided on whether they really think that the we're heading into a scenario we're going to see more protectionism which that hurts global economic growth and also the earning potential of companies or whether it's just bluffing for now so we don't know the u.s. president it's not very predictable but what we know is that if the europeans will answer those terror with other terrorists then we are heading clearly into a scenario with more protectionism which then also would hurt most likely equity markets and investor sentiment we have seen that back then when china was introducing its counter measures that the market really was selling off and that's

something we should keep in mind perhaps that's something we got to see at the beginning of next week greece is on course to end its bailout program there's some other reason for celebration perhaps of meeting the eurozone finance ministers in bulgaria today but they've got plenty to discuss still greece's debt talks also seeing an opportunity for germany's fresh finance minister to meet his new colleagues. to chemistry between greek finance minister euclid tsakalotos and his german counterpart all of scholtz was cool deal but it wasn't always the case with shelters producer civils can show you the returns of billions of euros at stake greece is due to leave its bailout program this summer when it might be in line for debt relief. but if you're in kind of person today the outlook on greece is far more optimistic than it was only a few years ago. showed he wasn't alone in his optimism euro group president mario

chanting you know coming to greece is better than expected performance in twenty seventeen we feel good times from we've. definitely under a piece called cry on primary four point two percent in twenty seventeen of these two point five times but the fact that in the program greece has received a total of two hundred sixty billion euros as part of three bailout since twenty ten its latest and most likely its last bailout runs out in august the loans have come in exchange for sweeping and highly unpopular public sector reforms which saw pensions slashed and a freeze on recruitment exactly how the bailout program will be wound down is not yet clear questions remain about any continuing presence of the u. financial watchdogs in greece as well as the amount of debt relief the eurozone finance ministers will hopefully have some answers at their next meeting in june.

and there's something different about the atmosphere at the talks this time around our correspondent at the meeting in sofia. we've seen something quite unusual here of form when european finance ministers the euro group finance ministers are talking about greece there was a lot of you know man unanimity usually there was a lot of fighting and struggling but now they really say we're sort of ninety percent of the way now we want to see this through basically we could say that the euro group finance was one the greek problem off the table for more than eight years they've seen crises and dramas and shouting behind closed doors and now all this is supposed to end on august twentieth and they want to smooth the way so they really seem to be of one mind to say oh we want to sort of make them go out we want to make them leave in an orderly manner they will be free however of course there

will be conditions for the time afterwards greece had seen an astonishing economic recoveries throughout the last two years there is some grows that there is also a budget surplus now the conditions are good greece is supposed to stay on the route reform pass they need to be there needs to be further or continued austerity in a certain way however we will help them there will be an exit payment and so the ministers were really largely of one mind and the problem now is mainly they are waiting for bullen because all of shorts the new finance ministers came here and he brought nothing he had nothing to put on the table and of course the contentious issue still is debt relief how is that going to be structured what is going to be to look like and so there will have to be fielded talks about that. the world's richest man it just got rich jeff bezos the founder and biggest shareholder of

online retailer amazon has seen another eight billion u.s. dollars added to his personal networks shares in his company have jumped by seven percent after announced first quarter profits more than doubled compared to last year analysts say a rise in online shopping and increased demand for the firm's cloud services drove up the numbers but it's not all plain sailing mall for mom on a wall street dance quarter investors on wall street are not so much for proceeding at this point seems to be convinced that amazon actually can repeat this growth number for the current quarter and then expect so once again that profit will more than double and the stock of amazon did reach a new all time high in the friday session overall we got a lot of very strong. earnings from big tech companies microsoft there intel for example but intel even if the numbers of are rock solid actually

could not see the stock price increase overall after a quite a turbulent week specially when it comes to the dow jones there was not a lot of action in the friday session and investors are already looking ahead because the next week we will get for instance the numbers from apple and there is quite some skepticism especially regarding the i phone and ten sales and that stock was among the losers shortly before the weekend researchers are investigating the genetics of chickens in an unusual farm lab just launched an ethiopian the aim to raise disease resistant climate resilient chicks to improve contrition and income for farmers in east africa and it isn't just about the research but raising awareness apparently chicken farmers appreciate art to. they look just like chicks anywhere in the world but they're actually very special the sweet little tweeters are hopefully the beginning of the more hardy strain of

poultry for african conditions here at the international livestock research institute in the ethiopian capital i disobey the scientists combine genetic knowledge with traditional animal husbandry skills. if we want i mean miles who produce more eggs who grow faster which are more resistant we have to select them from a pool from a pool of diversity and this is why diversity entered the game we saw diversity there would be no breeding improvements ethiopia is rich in terms of diverse poultry genes that allows breeders to plant strains. the researchers even commissioned art installations from screens of different poultry heads to a book with details of the human genome to raise local awareness of genetics the global cannot exist without the local and local cannot exist without the block that

the global so we have going to bring that up to send a message to the committee saying submit it to the development practitioners to send the message to the father most farmers like feet some get bronner who lives on the outskirts of the city. he and his wife make their living raising chickens. techniques have improved in recent years. earlier times our chickens were quite often sick and we weren't caring for them properly we used to just let them wander around all day now my wife and i i giving them all the necessary care and attention they need. we take it in turns and that way we're able to do other things as well. also cells exist while the brains the income that makes goes in pont to buy sheep for the family. hopes to the brains of chicken will inspire other farmers to also invest in poultry as a way of improving their livelihoods. to chicken out.

of business here. thanks for watching and have a great week. for

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