europe doing business there and it's not getting any easier many are confused by all those sanctions and a counter measures that are being slung around between the u.s. russia and the e.u. the uncertainty of the uncertainty about an ever changing political landscape makes investing and doing business in general very difficult. german wholesaler metro has a big presence in russia but of late business has been flogging this week the company announced billions in losses it should be said in part to a decline in consumer spending in russia fears over the state of the russian economy have left german businesses on edge. many european companies now find themselves stuck in the middle of a flurry of sanctions and counter sanctions there are some u.s. sanctions on russia that european companies have to comply with in order to keep doing business in the u.s. but the same firms could also thank the percussions from russia for complying another sign of what some see as a simmering global trade war. quick check on the markets crossover

today in frankfurt that there's a big takeover the tech can you tell us. yes investors here are pretty excited about a new acquisition in the tech park in the tech market pay paul the website or after the famous with about that now you can use for every kind of online payment has bought i that phillis we dish mobile payment company that sells credit and also debit card readers that then can be plugged into your smartphone or into your tablet and we are learning that paper will be paying two point two billion u.s. dollars for this take off well why do investors care about this well the move boost paypal's in-store presence at a time when competition in the online payment sector is increasing paper ones also to increase their presence even more here in europe especially europe is very much behind when it comes to digital payments countries in asia like china are way ahead

i was just recently in china high and was amazed that you almost don't need anymore cash on the streets even a little street kitchen you were able to pay with an app and even better at the robots were accepting online donations simply showing me a barcode but talk. thing about paypal again when the acquisition of ice at a will be completed paypal will have an in-store present in eleven markets in europe and also in latin america. cross the us donald trump has pointed the finger again at the german car industry of people getting war is there where you will. well donald trump and his german cars this is a laugh that's most likely not going to result in something we have to remember that he has been talking for a long time that he's things that it's very unfair that he sees so many. german cars on american rolls but rather no american cars here on the european rolls well i guess investors are actually used to those comments already now of course there

is this fear about you know tears and about possible sanctions but in regard to this they don't really care that much this morning heart. friday and today. the markets this week we look forward next week but when everybody has recovered from a very long weekend here there is no trading here on monday because of pentecost talking here about the german market on thursday dacha bank the biggest german lender will have its annual stockholder meeting and at that meeting also a new board of directors will be elected the head of the current board. has been criticized for a very long time most likely the board in the new appointed c.e.o. will be facing tough questions from investors they are frustrated the lender has been creating a loss after loss as it also of the share price just during this year has been dropping by thirty percent so actions there will be needed besides that

geopolitical topics like iran like the trade dispute with china and also italy will be also closely monitored from investors and certainly from us here as well. and thank you you thank. prince harry and american actress meghan markle will tie the knot on saturday at windsor castle british royal superfans have already started to reserve the positions opposite with the causes days ago waiting for the royal wedding an a-list say the couple's big day is likely to provide a shot in the arm the u.k. economy the waiting isn't until saturday but many have been camping here since meat week. i'm sitting in this chair and i'm no more i wanted to go to the toilets this is where are they. churchill's won't be the only bells ringing on saturday though the cash registers will also be charming in tourism and retail

businesses are the most likely to benefit from prince harry and make an markel zbig day we have special commemorative our american flags when really popular in the school. will be a party for street parties a really popular. shopping bags. with a special jumper. the boost to trade is expected to be sustained over the next four months royal wedding fever is said to raise u.k. retail sales by an estimated one hundred ninety five million pounds equivalent to two hundred twenty three million euros or around point two percent. pubs have been given special permission to stay open until one am on the waiting eve and on the wedding day as well. the british beer and publicise the asian says the extended

trading hours could deliver an extra ten million pounds over the bar one wins a brewery has made sure they'll cash in on the event and crafted a limited edition royal wedding beer we've been a brewery here for eight years. we were barely a year old when will and kate got married and we recognize that in the tradition of british brewer and we should do a commemorative be around the wedding we call that day windsor not. and it was so successful that way that eight years later when there's his brother getting married and particular that wedding is here in windsor it's natural that we should be if a lot of well. retail analysts predict. that the trade surge will fall far short of that which followed the last royal wedding thanks to lower consumer confidence but the british and royals watches from around the world won't worry about that until the party's over. and wise big island is even more evacuations

it certainly is hard to kill a way of ok now continues to keep residents of hawaii's big island very much on edge a newer option as sent a massive ash cloud spiraling into the sky now this follows two weeks of rumblings of fissures that have sent lava flowing into a number of neighborhoods authorities been closing schools are warning about the threat of toxic gas some residents though are refusing to evacuate. nature's fury surrounds the killer way a volcano. shortly before dawn a cloud of ash explodes from the crisis shooting ten thousand meters into the sky it's the mountains most significant rumbling in days. we're still watching things real closely you know we could expect similar events to happen in the future as these kind of interactions between the ground water and the lava can be. locals captured their own images of the ominous cloud. basically what we're seeing

here is there's a massive cloud that went up into the sky but it looks kind of stagnant it's kind of just sitting there going really high interest reading out in different directions. residents are being advised to stay inside and authours he's a distributing musk's to guard against toxic gas. and there are increasing levels of sulfur dioxide in various areas that's the reason why they live. on and off of the school has been. spitting lava continues to hole rocks for kilometers authorities are planning for the worst not everyone wants to evacuate so what's challenging for us is you know what's going to be the number for the population that we need to evacuate like here you know as long as the roads are open and there's

a voluntary evacuation you know we're working with the county to see really what the numbers are going to be what they don't know is we believe some of the population lee electricity there because they're so self-sufficient. kill the way it has been active for over two weeks now love and has destroyed at least twenty six homes so far wind is now threatening to carry ash from killer whales to nearby tourist areas the worst could be yet to come. now for some of the other stories making the news this hour. u.s. president trump says a summit with north korea's leader kim jong un is still on track the country threatened to pull out after tom's national security adviser john bolton suggests the a so-called libyan model of we don't lateral disarmament. is strong protections for him if he agreed to denuclearize what happened. the world health organization has raised the national threat level of an ebola outbreak in congo to very high

this after the health ministry confirmed eleven new cases of the virus along two new suspects the deaths. brings the total number of cases to forty five. ballots are being counted in burundi after a referendum on extending the president's rule a yes vote would allow p.r. and turns to stay in power until twenty thirty four tensions are very high and opponents of standing the term limits say they were targets of intimidation during the campaign. the u.s. senate has confirmed gina haskell as the cia's first ever female director that despite questions over her role in the spy agency's torture program after nine eleven senator told senators that she now believes torture does not work and promised that the guidelines against that would be followed. graham. malaysian police have raided properties connected to former prime minister najib razak and

say they found hundreds of and bags and suitcases stuffed with cash and jewelry raids are part of an investigation into billions of dollars stolen from state funds says he's not response. over summer holidays not that far off some european cities are hoping the turks will actually stay away this year as strange as it sounds but muster isn't is something of a modern dilemma with budgeted lines and cheap accommodations like abbey and b it's much easier and cheaper to travel some cities though are being overwhelmed by the influx of visitors and introduced countermeasures venice in italy for example has twenty two million tourists a year and crowd control can be a major problem the city has now set up gates at the entrances to the historic center to help control the flow and prevent bottlenecks venice has lots of small winding alleyways and tourist tents of concentrate in certain areas i'm saddam

has also decided enough is enough new shops abound from the opening of the historic center if they're made in the cater to tourists. this is the amsterdam cheese company's top product a ten month mature guta also available in a gift box with a well known dutch painters name on it couldn't call for open the fifth branch of his store last october in central amsterdam but at the same time a banner came into force that prevented the opening of new tourist shops the. rest i don't know if you're going to sold anything by closing a cheese store i think what you need to do and those are very serious and difficult discussions is to look at the demand side how are we going to manage that so many people come to these european cities and how will that so many flights coming in at so many bookings are innate and the seasons need to be made on that level i'm certain m. is a vibrant place with

a lot to offer which is why seventeen million tourists come every year the city is now trying to stem the flow renting apartments to holidaymakers there's no subject to registration and no new hotels are allowed to open the city has also stopped advertising. and there's a new strategy. so what we've decided about a year ago is that we're have implemented a new zoning policy which basically says that we are reducing or we're limiting the number of shops that cater exclusively to tourists so no more new shops that cater to tourists and that she's company is an example of that. the myriad of souvenir shops and fast food places have become a thorn in the local side many welcome the move that's been coined operation nutella for the countless nutella stores. i think just perfect.

because they ruined us an explosion of nutella stores. and one of the reasons why no normal stores where you can buy stockings or just bread it's better because it's the shops are all full. so i live if you're forty is forty four years. first twenty years were quiet ok that's the last ten years. it's very very busy in the city putting still doesn't know what's happening with his new branch he's taking the city to court saying they passed the ban unannounced when he'd already signed a long term lease and where do you draw the line about what exactly is a tourist shocker that might be up to the judge. we have some football now and if you thought the bundesliga season was over well

that's not quite true there's still a two legged playoff to decide whether wolfsburg will stay in the top flight next season or whether tiny hole stein keogh will win their first ever promotion to the first division and see how that first like with. golf's borg struck early regi hitting home from close range to open the scoring for the hosts in the thirteenth minute credit you know smalley for his work laying this one on. with their backs against the wall kiel answered in the thirty fourth minute dominic drexler shaking his markers to find kingsley schindler. but the wolves bit again six minutes later. hammering home just past the reach of keeper kenneth home. on the score at half time. in the fifty fifth minute provider for molly who rounded the keeper and slotted in to make it three one. the second division.

had a great chance but fired high end wide three one the final score involves sitting pretty heading into the second leg. if you're minor now of our top story this hour president. germany. from nato the same time. you supply us. with russian president putin for talks on the nuclear deal and on russia's expansion. gas pipeline to. go after. news from around the world. push notifications on your phone. breaking news now you can also use that to send us your photos and videos just download it from google. is all we have time for right now i'm brian

thomas for the entire news team thanks so much for being with us. come come come. come. come. come. come on stream god international talk show for journalists just goes to the topic of the week by moving america's israeli embassy to jerusalem and withdrawing from the iran nuclear deal president

trump is creating facts on the ground.