if your photos and your videos. thanks for watching did any. of you accidentally shed some trying to get. the troll. time in the field. how can you get out. with him cuz it was seemingly. on shift this week on d w. every journey begins with the first step and every living creature the first word which can be called nico he's in germany to learn german. business so. why not

live. in simple online on your own while and for a. soft. double using the learning course closely german may be easy. but as well a socialist leader wins reelection and many observers call it a fosli cosmodrome blames imperialism for as country's economic catastrophic but it could get a whole lot worse as the all important all sector faces possible sanctions. and pulling back from the brink china of the us agreed to put that trade war on hold beijing says it didn't plague for. your business i'm god elf. welcome nicolas maduro has won the elections in venezuela critics called the

poll a fosse one thing is for sure though maduro wasn't elected on his stewardship of the economy hyperinflation of more than thirteen thousand percent has crossed the minimum wage to less than two dollars a month more than one million people have fled the country in the past two years and venezuela could face even tougher times ahead economic reforms are urgently needed and corruption needs to be stamped out spots the doura socialist regime shows no sign that it might be willing to accept that and steps moore and his cronies are looking for scapegoats the opposition the i.m.f. the u.s. the west in general are to blame not themselves. after nearly twenty years of socialist rule in venezuela the once prosperous economy is in tatters massive shortages have left huge swathes of the population struggling to survive hyperinflation at close to thirteen thousand percent has destroyed venezuelan

savings and left them unable to afford basic goods. power and water have become luxuries for many in the country with the world's largest known oil reserves. spiraling poverty hopelessness and anger at nicholas meant to rose government have led to a social implosion protests and file and crackdowns have marked his tenure but as my duro tightens the screws on dissent his government has a silver bullet for the moribund economy to cryptocurrency the petro it's meant as a workaround for the lack of foreign currency but critics call it a scam. but that petro success would depend on good faith in the government backing it years of mismanagement and corruption have meant very little of that has been created leading venezuelans to see little chance of an end to their ordeal. well so what now for when is the question to discuss them on a silver affair of the institute of latin american studies you have the feeling of

berlin. how much more will do or when as well it. it's really difficult to to answer believe it or not it can be wars so look at afghanistan iraq today so maybe. we don't know how long can other wrist a in charge of the government maybe show six year of the administration's six month we don't really know. venezuela has the most oil state in all the world why can't a profit from for example the recent run of the oil because the author is because the prices are rising because of the fall of the oil production in venezuela and this is part of corruption instability and the failure of the oil industry in the contrie why why is the oil industry failing and because of that ministration is the

new kind of get don't. come in charge of this industry the time was one of the best and richest industry in the war and today in charge of chobits and then my dura we can see the results of the socialist experiment is it's not just. who's at fault here on this process started in nine in one thousand nine hundred nine when charles came in charge in two thousand and two charges flew twenty thousand professionals and technicians of the industry and that was to be. beginning of this situation is today that we have the fall of the oil production in one of the all biggest bedrest state of the war was corruption such a big problem is that the governments for. wow it's really difficult to explain why so corruption is. is not part of the cause of the contrary it is so new kind of

clipped ocracy and we need maybe a long time doing to explain why this softshell is as permanent became a part of the big gang clip. some specialists say that this is it is i don't know why did this new kind of thoughtful it is socialist twenty first. century the center is story became a part of this regime is this is really amazing it's really amazing the united states is looking imposing new sanctions venezuela madeira has always said that the bad situation the bad economic situation in venezuela is all the americans fault is the rise is a part of an argument that we are here for a nicaragua we are we have here it is from cuba for another conference on this is

part of the strategy to avoid the sanctions do avoided responsibility of his colleagues is of course is not the reality what would then as well as economy need right now what venezuela needs is a new regime is the turning point cirrhotic of tongue in point to get back to democracy that is the best way to became discoursing tree to the new kind of future again so radical radical caught not just piecemeal reform i thing a radical cut in a radical and of theas new dictatorship and the is cryptography to go again go back to democracy one of those thank you very much thanks to. the threat of a trade war between the united states and china is off the table for now at least in talks over the weekend the two countries agreed not to pose nude while they are working on with. forms the main issue under discussion is how to narrow china's

three hundred seventy five billion dollars trade surplus with the u.s. representatives on both sides china might be willing to import more american agriculture products and oil the world's two biggest economies are back to the negotiating table and they appear willing to keep talking until they find a solution to their trade conflict. you have a yard for. the strongest demand from both the chinese side and the u.s. side has to stop the trade war and stop imposing more tariffs on each other's products this time both sides pledge to stop the trade war and develop good relations in trade or in a mass meant i think this is a major demand from both countries. wonder if will. china has already made a concession saying it will significantly increase purchases of u.s. goods and services it's an attempt to address u.s.

president donald trump demand to reduce china's three hundred seventy five billion dollar trade surplus no details have been released yet but the countries have agreed not to impose further tariffs on each other while they continue to negotiate a trade deal. speaking in an interview with fox news u.s. treasury secretary steve new should have this to say for. the present we have a very good framework agreement that's not just about buying goods it's about structural changes it's about lowering tariffs that china has committed to lower tariffs on many things and make structural changes and protect our technology so these are very important issues for the u.s. economy and now we're going to make sure that this gets implemented. that he told and months of tension between the two countries which would send markets into a frenzy but with little concrete information released about the details of the negotiations the stakes remain high. the news has been greeted with great relief in

china here's what people in beijing have to say. we should try to be the first in as many fields as possible so china can account for the u.s. . where for the for me you. will not trade war could harm investors so there shouldn't be one china and the u.s. should work together from the same foundations so that you could say you were down to do what i think i can buy luxury goods such as cars or watches at lower prices ok. i was low cost al and ryan has released its full year results for twenty seventeen spurred by an increase in passengers net profit sought to one point four five billion euros that's up ten percent compared to the year before run as seems to have weather the difficult months the cancellation of thousands of flights due to rostering problems and pilot strikes apparently failed to have a big impact on the company's bottom line in what has been a bumpy year for the entire industry. two thousand and seventeen was

a turbulent year for the airline industry alitalia started bankruptcy proceedings and air berlin disappeared from the skies fuel prices climbed and with fewer competitors it was full throttle among the remaining airlines to score passengers germany's lufthansa group came out on top in terms of passenger numbers selling one hundred sixteen million tickets in two thousand and seventeen ireland's low cost ryanair remain the most popular budget carrier with over one hundred nine million passengers beating out. the company behind british airways iberia and air lingus and it was followed by air france k l m and ryanair is bitter rival easyjet. whether ryanair can keep the momentum going this year is another matter c.e.o. michael o'leary finally agreed to recognize unions and pay pilots more in return passengers are footing the bill now the ultimate no frills airline has made check

in times shorter and even cabin baggage comes at a cost. and the whole business teamhair and i will have an update for you in the next hour as usual in the meantime do check out twitter and facebook feeds and also visit our website for more stories that state of you dot com slash business before you go here is as usual a check on global markets at this hour thank you very much for. coming.

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freedom of art. a multimedia project about artists and their right to express their views freely. d w dot com the freedom. yahoo. hi welcome to pop exports show and i'm honored to be joining benedict and levine as a whole list on the show and i very first show is packed with highlights from the german music scene. we'll find out why i can fit this germany's new rising star.