is it deal or no deal the u.s. claims to have convince china to reduce its trade deficit by a massive amount not so far say the chinese also coming up as visitor numbers keep growing top tourist destinations like venice announce a desperate to ease the strain. and a you're excited about the royal wedding well the brits are and they're shelling out all kinds of wedding related see that is. this is your business update on home for thanks for joining me 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 now the new surprise the world and china by all accounts the country's foreign ministry now saying it agreed to no such thing say the room is all not true that is what the ministry spokesman knew kang had to say dialogue with u.s. negotiators is currently ongoing what is for sure china has agreed to drop an anti

dumping probe into u.s. imports of the sorghum crop used often in food and animal feed. well as bring in our financial correspondent yes quarter in new york now yes trump says tomato china seems something else how likely is that they really came to an agreement regarding this trade surplus. well after the trade talks between the chinese delegation and a u.s. representatives on friday there are sources from the white house saying or some governmental officials that actually of this two hundred billion dollar number is still on the table and i would say it is in general rather unlikely the biggest export item from the u.s. to china last year were aircraft in the value of sixteen billion dollars so from sixteen to two hundred billion dollars spent is quite a get personal china for example would have to buy. in for about six hundred

big airplanes to come up with anything close to that number so at this point it does seem rather unlikely. thank you very much indeed. what is the german chances again when it comes to russia or on one hand i'm going to mco has to maintain sanctions against russia for an exciting ukraine while at the same time assisting the country to veiled in this new highly profitable gas pipeline well united states has threatened to punish companies and countries working on the pipeline but it appears it could be too late. through these pipes are supposed to double the amount of natural gas that russia consent to germany a project that both countries are pushing to complete but it could hurt others ukraine relies heavily on transit fees for russian gas that passes through its territory. but the new pipeline not stream two just like its predecessor bypasses

the eastern european country that could cost the country losses of one point seven billion euros. i'm going to merkel has now promised that gas will continue to flow through ukraine on flow about soy as i think that's what the german viewpoint is that ukraine will have to keep its role as a transit nation after nord stream two has been completed it's a matter of strategic importance of the french i think a shove it or don't putin agree to this despite political tensions with ukraine but he also tied his concession to a condition that you'll discover things that i would like to say that after the launch of north stream to the transit of russian gas to ukraine it's not going to be suspended richard but i would like to emphasize that the deliveries will continue if they prove to be economically justified which is going to be. put to didn't say what would happen if sending gas through ukraine should not provide any

more especially once not stream to is built so despite the progress made of sorts the pipelines problems may not be over yet. that is the emissions a scandal continues this time it's luxury brand caution that lost eight at the small jemma charts what ministry is one of the carmaker to recall around sixty thousand calls around the world order to discover cheat devices in the diesel powered es in the models cayenne and mccann these make emissions seem relatively low on the test conditions yet they could be significantly higher out on the road or she says it will take full responsibility to fix the effected vehicles. masters of may is somewhat of a modern day di level except the cash that foreigners bring to drive development to help locals but accept too much and you risk overcrowding and angering citizens budget airlines and cheap accommodation make it much more easier to travel i mean top destinations are taking drastic measures to just take venice and with its

twenty two million tourists a year that can be a crowd control problem the city has now set up gates at the entrances to the historic center to help control the flow of bungling travelers and prevent bottlenecks now that has also decided enough is enough new shops all battened 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 guta also available in a gift box with a well known dutch painters name on it could in calls open the fifth branch of his store last october in central amsterdam but at the same time a band came into force that prevented the opening of new tourist shops peter stressed 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 come in and that so many out till bookings are 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 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 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 nutella stores. i think just perfect because today ruined just an explosion of news of us toss and one of the reasons why the no normal stores where you can buy stockings or just bread that's better because it's the shops are all full. so i live if you're forty is forty four years so i had the first twenty years were quiet and ok that's the last ten years. it's very very p.c. in the city putting code 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 chopper that might be up to the judge. now it's official prince charles will make an mochel part of the way down the aisle when she ties the knot with prince harry on saturday as father cannot attend for health reasons but thousands of other people well they are already outside windsor castle hoping for a glimpse of the couple now it's not just a big day for the royal family analysts say it'll provide a big boost to the british economy. the wedding isn't until saturday but many have been camping here since mid week. and i'm not more than a way to go to the toilets this is where. church bells 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 macon marco's big day we have special commemorative they can fly in really popular

in the school. parties for street parties are really popular. shopping bags. with special jumpers on. 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 public 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 recognized that in the tradition of british brewing 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 potato well that wedding is here in windsor it's natural that we should be 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. and the policy will be continuing hey on day w. be sure to tune in special coverage of the big day.

and see you say. hello. to the to. the to. the to. the to.

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