entrepreneurs with businesses in iran a facing a tough time has some gotten j.v. and nervously checks the new several times a day he's an iranian businessman visiting his partners in gemini he sells medical technology and is also involved in the computer industry. donald trump's decision to withdraw from the iran nuclear deal comes up at every business meeting how will the e.u. react and will that be new sanctions against iran. gun j.v. and has made a lot of contacts through international trade faz like this one in terror on last year and he has contracts with european companies. but now many of his partners are uncertain about the future of the business as. current right now we have to sit down and see what's going all. e.u. leaders they unanimously opposed to trump's withdrawal from the deal. they say

they'll stick to it as long as iran is committed if. news of. we as europe have collectively have found our desire to preserve the benefits of the deal signed in july twenty fifteen including for iran to protect the legitimate interests of all companies but these. if the us reintroduces the sanctions in august european companies would also be banned from doing business in iran. as a countermeasure europe plans to reactivate an old law who took blocking statute that would prohibit european companies from complying with the us sanctions on iran . but opposing the us is risking especially for international companies dependent on business from america. but some european companies are preparing for an exit nonetheless. the world's biggest container ship

mask says it will be winding down its around operations gemini's biggest insurer said it was preparing to wrap up that. siemens has said it's holding new deals with iran and french oil and gas company totalis say it will pull out of a multi-billion gas projects if it can't get exemption. toto's move would be especially painful for iran. the iranian government had hoped the scale of the project would embolden other international businesses to come and invest in the country. in twenty fourteen a bus full of mexican students was attacked by police. six of the students were killed and forty three others disappeared without a trace. since then investigators have determined that the attackers used heckler and koch handguns. proof that the german weapon makers guns landed in certain

mexican states illegally. the german government gave the green light to sell to the mexican government under the condition that certain states would not receive any of the weapons critics however say that all parties involved knew that control over the distribution would be lost once the weapons and to the country. exports to countries with dubious human rights records have been profitable for a heckler and koch in the past in the small town of open doff and southern germany there are three weapons manufacturers including heckler and koch. many of the roughly fifteen thousand residents of directly or in directly involved in the arms industry. you don't really think about that they have to be produced somewhere and that's here. we go not just making military weapons but

also for the police and we need them to only reach prof worked for heckler and koch in his youth today he's involved in activism against weapons exports from his hometown. everyone knows that every fifteen minutes fourteen to be precise someone is shot dead with a weapon made by a heckler and koch offered. eight years off the charges were initially filed the case is then brought to trial former employees including executives are accused of knowingly transporting weapons to the crisis regions of mexico it's the biggest trial that's ever taken place in germany concerning the export of small arms. after a fourteen year battle the well trade organization has ruled against us in favor of us competitive boeing the european at kraft micah is said to have perceived billions in illegal state aid to subsidize two new models. the u.s.

trade office says this caused lost revenue to boeing. the decision means the united states can seek the right to impose tariffs on the e.u. in retaliation and not just on planes. but the story doesn't and that. the e.u. has brought its own case against the united states accusing it of illegally subsidizing boeing. the outcome of that case won't be known until later this year. the tit for tat battle comes at a time of already soaring trade tensions between the united states and the european union. most recently concerning the question of u.s. tariffs on e.u. steel imports the upcoming ruling on alleged u.s. subsidize ation of boeing is likely to lead to further turbulence i've.

the price of oil is rising on thursday a barrel of north sea brant crude oil surged above the eighty dollar mark for the first time since twenty fourteen one reason is the crisis surrounding iran plus opec and russia continuing to restrict their production but as well is also producing less oil because of the ongoing unrest in the country. facebook c.e.o. mark zuckerberg is expected in brussels this coming tuesday to address the european parliament about the data scandal facebook has admitted to abusing the data of eighty seven million users by selling it the now defunct british data analysis cambridge analytical. also stood before the u.s. senate to wants of their questions about their fat. filmstar sound a high at his call for male actors to take a pay cut as a way to reduce the gender pay gap. she made the comments during an interview at camp film festival the day after dozens of female movie makers staged

a protest on the red carpet calling for equal pay and opportunities. things have been looking pretty grim for chinese phone makers that t. a having been denied access to american supply is it was forced to halt its cooperations. then out of the blue came a tweet on monday that could have been at salvation after engineering the company's demise donald trump pledged to help. sharing an unprecedented concern for chinese jobs. and surprisingly the chinese government was swift to approve saying it thought highly of the development. that left us commerce secretary well by ross to somehow explain the you time c t did do some inappropriate things they've admitted to that the question is are there alternative remedies to the one

that we had originally put forward and that's the area we will be exploring very very promptly the inappropriate things he's referring to as that t. and legally shipping us parts to iran and north korea critics say a soft attitude towards china will hurt u.s. business and my worry after this thing is china will offer us some small term palea to they'll say ok we'll buy some of your products. and we won't be tough on them stealing intellectual property on them insisting that we make our goods in china to sell them there instead of allowing us to sell goods here as they are allowed to sell their goods here in america. a series of fact the tweets seemed to backtrack on his earlier stance and now seventy eight doesn't know where it stands and it shouldn't expect help anytime soon this week a white house committee unanimously voted to uphold the sanctions against the company. over three

thousand jobs run mostly by african immigrants make this market complex in downtown johannesburg a lucrative palm african trading hub shoppers come from all over the continent to find good deals. i come from what i've come here to buy the gin. there is in the early days the genie body is a bit it's with c b b it is cheap that's why i come we had by the gin. selling mostly chinese fast fashion out of cup size shops an estimated seven hundred million euros in revenue is made here every year twice as much as it africa's largest shopping mall. but shop owners like say kima beckel a facing many challenges she writes from ethiopia ten years ago and sells clothing and bags in the in the city. saif know business used to be good because of the many customers

coming from zimbabwe mozambique and other places yes but now because of police raids and other criminal activities which as a business is getting more quiet as by puttin on a better. at least once a week the shops get barricaded as police officers arrive to search for counterfeit goods and to weed out illegal immigrants also they say. the biggest threat in this area is police cars police confiscated goods from people and take those good school resale to other people further down the road this is a massive problem in our study forty percent of shop people said that they regularly had to bribe police officers on. the train just feel victimized by the often brutal police action against them i'm retiring right the situation regularly escalates into a can street battles among homes shoppers and traders flee making any economic

activity impossible for the rest of the day citizen is because not true a lot of the potential of the space as the divide of africa here approach is more enforcement and is not development so they have not provided the infrastructure that is required to make this a shocking that it could be. on average cross border shop and spend twelve hundred year raise per shopping trip to johannesburg that goods to carry time in packs and in suitcases on board of buses departing from backyard terminals. thousands of them arrive every day but they may stop coming if infrastructure doesn't improve and security remains fragile and that was all we can review.

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