time follows elves to get really close to the royals everybody loves a wedding what is not to love about that well with that you're up to date now on news and if you can't make it to britain for the royal wedding do stick around here because one of our favorite brits daniel winter has the latest business news he's standing by for you and he will be back in just a few minutes i'm sorry kelly in berlin extraction. w.'s program guide. highlights we. don't come quite large it's. a blessing. and a curse. the force of nature and in this scheme little three.

months of. the tropical tone. there's something to sort of come to. a source of killing. scores of destruction. long soon starting between two thirds. of. the people at the italian markets get a jolt as two parties agree on a deal to govern the country dodgy banks bad loans huge unemployment we take a look at what's worrying investors also coming up visitor numbers keep on growing top tourist destinations like venice and amsterdam all desperate to ease the strike

. i'm donna winter and this is your business update. it's been two and a half months but finally they've reached a deal italian parties the five star movement and the league has put together that plan to govern the country go another league proposals to scrap the euro and also a massive debt forgiveness from the european central bank so what's left. monti passkey shares tumbled sharply on thursday after the new coalition proposed scrapping restructuring plans of the world's oldest bank monti passkey is still unstable despite an eight billion euro state rescue last year its size makes it the biggest threat to italy's financial system the possibility of ending measures aimed at nursing the bank back to health have made investors very nervous. the euro's under pressure to the new government also promised tax cuts and increased public spending implementing the plans would cost billions of euros but italy has the

highest debt levels in the e.u. after greece the economic plans combined with the two parties euro skepticism could set rome on a collision course with brussels. and donal cope is following this for a stunner it looks like italian markets are creaking under the pressure. yes they are under pressure is another crash that we are seeing but yes you can clearly see that investors over there in italy are very nervous what this new government is going to bring the country because of this nervousness we are seeing a lot of full tilt volatility there at the stock exchange during the trading day this is actually very interesting because usually the trading day there is not very volatile or something like that we usually see more happening for example at the london stock exchange sometimes here in frankfurt as well already this morning close to noon by that time as many traits were executed compared to the normal average daily volume and they don't even selling all of their stocks it seems that

more defensive shares are very much demanded today also we continue to see a loss in bond two years and once again because of this uncertainty the euro has been dropping to the lowest point now in five months this is also making investors a bit nervous here and frankfurt as well the blue chip index stocks closed with a loss of zero point three percent at a level of thirteen thousand and seventy seven points ok volatile horse trading in italy the two parties leaders have accused the markets all of blackmail do they even know how financial markets work. well in this is already have big doubts about that during this week when the first details were leaked by the huffington post of this draft coalition paper about a basic income guarantee also asking the e.c.b. to give italy a two hundred fifty billion euro debt relief and yeah we heard it it was on the agenda or maybe even to leave the eurozone so there is some relief now that in fact this was only a draft and we don't find this anymore in the actual coalition paper but still they

are warry to investors also with those new programs that they are thinking that could help to reduce the enormous they have those could cost up to one hundred and one hundred billion euros so as investors are worried in which direction the country will be heading throughout the next years you know. whatever happens our markets as one rule don't take it personally daniel cope thank you very much. to a deal set to cause a stir in digital money u.s. online payment giant pay pal says it's buying swedish e-commerce out of eyes atl pay pal is dumping up over two billion dollars for is that hole which makes credit card scanners for smartphones and tablets the surprise agreement came as the young company was getting ready to make its stock market debut if a pal the world's leading online payment service belonged to e-bay until twenty fifteen and has been valued at ninety four billion dollars but this is pay pal's the largest acquisition to date it strengthening its platform for handling

transactions with small businesses in europe and latin america for. the diesel emissions scandal continues and this time it's luxury brand porsche that's lost in the small yet again the german transport ministry has ordered the comical to recall around sixty thousand cars globally auditor's discovered illegal defeat devices in the diesel powered s.u.v. models kyin a macand these may commission seem relatively low on the test conditions that they could be significantly higher when driving on the road porsche says it will take full responsibility to fix effective vehicles. the standoff between the u.s. and china has seemingly eased today that says america says it's come to an agreement to reduce china's huge trade surplus with the u.s. by two hundred billion dollars annually the new surprised the world and china to the country's foreign ministry now saying it agreed to no such thing the rumors weren't true in the words of a ministry spokesman learned can their dialogue with the u.s.

negotiators is apparently on going with constructive what is for sure china agreed on friday to drop an antidumping program to us sold them imports. what is angela merkel's game plan on russia on the one hand maintaining sanctions against russia for annexing the ukraine while simultaneously assisting the country to build a new highly profitable gas pipeline the united states has threatened to punish companies and countries working on the pipeline but it's seemingly too late to stop . on an island off germany's party coast work on the north stream to gas pipeline is going hammer and tongs. the pipeline will double the amount of natural gas russia can follow directly to the heart of europe while intentionally bypassing eastern european countries like poland and ukraine kiev is against the project because it could result in a loss of gas transit payments an estimated one point seven billion euros

a year. has put this in a good shop if such a project is questionable in an energetic economic and political way because it does advantages ukraine people will be trying to find a solution for ukraine. a compromise could look like this countries such as ukraine and the united states won't block the project any further by russia has to commit itself to keep using the gas through tree ukraine. after meeting president vladimir putin in the resort town of such on friday seven chancellor angela merkel was optimistic that such a compromise can be found. so far she has kept eleven billion u.s. dollars pipeline in the shadows rather imposing sanctions against russia for its aggression against ukraine the united states has warned that proceeding with the project could result in sanctions against the companies and countries involved in

the construction. a deal that keeps kiev in the mix cutout normalize relations between everyone involved. mass tourism is somewhat of a modern dilemma accept the cash that foreigners bring to drive development and help the locals except too much and you risk overcrowding and angering citizens budget airlines and cheap accommodation make it much easier to travel these days and main top destinations are taking drastic measures to cope just take venice with his alleged twenty two million tourists a year where 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 of bumbling travelers and prevent bottlenecks. the dam has also decided enough said enough new salt banned from opening in the historic center if they mainly cater to tourists. this is the amsterdam cheese company's top product a ten month mature gooda also available in a gift box with

a well known dutch painters name on it couldn't called 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 peter wright yeah i don't know if you're going to solve 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 how is it possible that so many flights coming in at so many i'll tell our mates and the decisions need to be made on that level i'm certain i am 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 is now 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 the cheese 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 gnutella stores. a perfect because day ruined us an explosion off. and one of the reasons why no normal stores where you can buy stockings or just bread because. the shops are all full. so i live in for forty years forty four years

so first twenty years were quieten ok that's the last ten years. it's very fairy b.c. in a city. called 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 chalk. that might be up to the judge. and it's time for us to check out that wraps up another business update if you want bolt we've got plenty on social media. business we will keep you company at the business desk in the next hour so keep it here on day w. .

the to cut cut cut cut. cut. cut cut cut cut cut cut. cut. cut cut cut. what unites. what divides. the most tragic course. what binds the continent to a answers and stories of plum trees the flame. spotlight on

people going to a d.w.i. . you accidentally shot some clips of the flame the troll posts. the time in the film. how can you get out. with khaled i was serious. this week on d w. we make up oh but we watch as a hoax that under which we are the civil service or. want to shape the continent's future. market injunction youngsters especially share their stories their dreams and their challenges going to the seventy seven percent. platform for africa. after fighting for decades to

taken seriously in the art of war here's what's coming up. on the ladies of superheroes on a mission to challenge smart women smart smart. and legend using find no means mentality bring creasing really dangerous stuff. made from the. welcome to focus on europe by michelle had ari turkey is only weeks away from snap elections called by the ruling party in april whoever is elected will assume sweeping powers critics say president rachel tayyip erdogan the clear favorite is

the term and to use the upcoming vote to once and for all silence any dissenting voices.