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 germany 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. 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. currently right now we have to sit down and see what's going on. the e.u. leaders say 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 affirmed 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. if the us reintroduces that sanctions in august european companies would also be banned from doing business in iran. as a counter measure europe plans to reactivate an old law who took mocking statute that would prohibit european companies from complying with the u.s. 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 allianz 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 says 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 have typed 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 in 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. maki don't really think about that they have to be produced somewhere in the us here about any boastfully they're not just making

military weapons but also for the police and we need them to only reach prof worked for hector and cock 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 has been 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 consigning 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 act is said to have perceived billions in illegal state aid to subsidize two new models. the u.s.

trade office says this cause 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 point 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.

the price of oil is rising on thursday a barrel of north sea brant crude oil surged above the eighty dollars mark for the first time since twenty fourteen one reason is the crisis surrounding iran plus opec and russia continuing to restrict their production venezuela is also producing less oil because of the ongoing unrest in the country. replace book 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 firm cambridge analytical. has also stood before the u.s. senate to want so that questions about the affair. filmstar sound the high school 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. 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. unsurprisingly the chinese government was swift to approve saying it through a highly of the development. that left us commerce secretary well to 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 you as the tea illegally 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 top 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 seem to backtrack on his earliest stomps and now that t. e doesn't know where it stands and it shouldn't expect help anytime soon earlier 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 pan african trading hub shoppers come from all over the continent to find good deals. i come from i would come here to buy the gin. there is in a mother with a genius but he is a bit excessive with c.b.s. the it is cheap that's why they come we had a baby jean. selling mostly chinese fast fashion out of cupboard 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 team are back l.-a facing many challenges she arrived from ethiopia ten years ago and sells clothing and bags in the in the city. saif no business used to be good because

of the many customers coming from zimbabwe mozambique and other places as on the net but now because of police raids and other criminal activities which as a business is getting more quiet as well but it's been 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 caught up with police confiscate goods from people and take those goods for resale to other people put it on the road this is a mess a problem in all study forty percent of shop people said that they regularly had to bribe a police officer on. the train just feel victimized by the often brutal police action against them i'm a tiny eight the situation regularly escalates into wiping street battles among

homes shoppers and traders flee making any economic activity impossible for the rest of the day this is important is because not true a lot of the potential of the space as the dubai of africa they were approach is more enforcement it is not development they have not provided to the infrastructure that is required to make this a shocking that it could be. an average cross border shop to spend twelve hundred year is pushing 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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