you're watching deja vu news still to come it looks like a trade war between the u.s. and china has been averted for now the two countries are holding off on terrorists as they try to find a solution to their dispute. penciling we'll have more on the story after the break . where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one to be shadow and if you newspapers when official information as a journalist i have worked on the streets of many cancers and their problems are all the same fortune social inequality

a lack of the freedom of the press. who can afford to stay silent when it comes to the fans of the humans and see the right to fools who have decided to put their trust in us to maintain these cars and i work i d w. two to. averting a full blown trade war the united states and china pull back from the brink reporting progress trade talks saying the war is on hold. an economy in freefall nicolas maduro wins reelection and blames him for sure realism from abroad on his country's economic catastrophe the opposition calls the

vote of fast demanding a new ballot tough times lie ahead. and how well the famous name in the d.i.y. stick to it is attracting highly skilled staff to its headquarters way out in the woods in rural germany. i'm good for you and let's do business a ray of sunshine for global stocks this monday economic superpowers china and the u. way have agreed to hold off imposing new tariffs the temporary deal ends months of tensions for financial markets beijing agreeing in a joint statement with washington. substantially reduce america's trade deficit with china the crux of the dispute the chinese didn't commit to cutting the gap by any specific amount and some analysts doubt the truce will last long but at least the two sides are talking 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 overall plutonia the yard. the strongest demand from both the chinese side and the u.s. side is to stop the trade war and stop imposing more tariffs on each other's products this time both sides pledge to stop a trade war and develop good relations in trade or in a mass meant i think this is a major demand from both countries. so it will be. china has already made concessions 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 yes 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 minutia had 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 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. to taunt and months of tension between the two countries which markets into a frenzy but with little concrete information released about the details of the negotiations the stakes remain high. while asian markets of greece have the news with great relief the opinions vary on the streets of beijing. and if we should try to be the first in as many fields as possible so china can come to the us is good and so bob orthogonal to me you think the trade war could harm investors so there shouldn't be one china and the us should work together from the same foundations ok

you could see what our father and uncle what i think i can buy luxury goods such as cars or watches at lower prices ok. let's get the view from now aged correspondent andrea hang who's in singapore and tell us more about the deal i know there's not much detail at the moment but can you at least read between the lines well whole why china has a greek greek such small from the us securely the energy and cultural sets of people and that because of about this whole thing because but this all should because a clip be a noncommital a leader would know what china is up to and b it's not enough to fill that three hundred thirty five billion dollar treat deficit i know according to a state chinese official who wrote on a beach at those in oak a communist party's people daily the agreement i quote preserves try this right to

develop its economy as it sees fit and how this already priced to china be fixed on its position of increasing imports rather than a negative position all cutting exports like i will all that said how long will the truce hold then that's the big question. it's a million dollar question not just the big one but one thing's for sure it will be temporary as what you report to a halt in theory this is going to be because we don't know take note that this is a show that china has the killer lead it to the u.s. but rather this is about giving both economies the time and space to rethink and restricted its trade deficit both that trade definitive it's also worth noting that china has successfully muscled its way around the terrorist proving this trend to trump but we can be relieved that as you said the two of these talking you said oh spitting one tariff at each other after another ultimately it seems both parties

understand how detrimental doing this to both economies this has been well andrea i wouldn't call it relenting at all china has a massive growing middle class so buying more from the u.s. under this deal would suit it so from what i see it doesn't take much to appease donald trump beijing has got the deal its hands here it's got a good deal that's a failed savation given how restrictive china has been in the old economic speech i think what the u.s. wants us but china to ease some of its market boundaries and that's something that even the e.u. has found quite challenging in trouble so to work around at the same time trump has to find a way to be to go with china because his tensions have somewhat backfired the chinese also have to be very careful not to be too optimistic about eight inches between the you with the u.s. and in an extreme point of view it is quite ready to quietly ready to defend its

industrial plans with or without the u.s. and i hang we appreciate your analysis from singapore there thank you. venezuela is mulling a bleak future nicolas maduro has won reelection the man in charge of an economy in freefall hyper inflation is at a particular level venezuelans continue to leave in droves lining up of border crossings for hours just to get out for those who stay the tough times could get even tougher not only does the country face intensified on race that home is also the threat of new sanctions from abroad the opposition is rejecting sunday's vote as a fosse it cold for a boycott the abstention rate and historic high of fifty two percent opposition officials want a new vote but is hailing his victory as an historic record of what the nation needs is reform. 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.