you're watching d.w. news still to come in the u.s. congress has passed legislation easing banking rules that were put in place after the financial crisis smaller banks will now be subject to less government oversight . ben stiller will have more and what that means right after the break. global inequality. what does inequality mean. well. to the media. join the discussion and how. global media forum trying to eighteen. reporting from the white house the. ground is shaking nobody know much about poker

who is your favorite team player. and look a little back to me to bring them back to turkey and you're probably going to see the entire country champions through insurance for the last sixty years just for mines. already right across the board what a miserable day for world stocks expensive just from the top two economies upset investors signs china is sticking to its deal with the u.s. to avert a trade war while trump throws a cattle monger pigeon. the u.s. president gets some american banks reasons to celebrate winding back the very rules designed to prevent another financial crisis and the first german city to ban jodi diesels while poland proves. streets ahead in clean mobility. and it was all in

let's do business global equities a tanking investors not too sure the us china trade war is over on the one hand reports of chinese state grain stockpile has returned to the u.s. soybean market a sign beijing is preparing to resume purchases after agreeing to buy more from the u.s. to lower its trade surplus on the other hand president donald trump says he's not pleased by the talks with china he's worried about compliance with the weekend deal but china is moving fast it's already announced it will slash tariffs on offer we import from twenty five percent to fifteen and the german car makers are wasting time and muscling their way into the world's biggest oil market b.m.w. is looking at lowering its prices considering it won't have to pay so much in judy's audi as well the american economy tesla says its model legs will cost four hundred thousand dollars ladies. and raring is standing by for us in singapore on

this story is trump slowly beginning to realize that maybe he didn't get quite such a good deal after all. that quite the first reaction he is posting and it is worrying a lot of investors in the markets he's concerned mean the with the structure of the deal that said he did show optimism seeing that things are moving along nicely with the negotiations with china but it's not as simple as it looks bear in mind there's still these yet the east sanctions that is proving to be quite the delicate issue and his administration is advising against settling for a short juicy deal. in favor of a long term one with bit of benefits the ball is already rolling and i guess we'll soon see a whole lot of wealthy chinese driving around in more german cars. you might see that china has confirmed that it will lower tariffs on imported passenger cars from

twenty five percent to fifteen percent that is quite a big drop this is a relief of course the chinese consumers as well. because. the consumers have. only had access to high end sedans and s.u.v.s which given the technology that these cars have carry a very high price tag equals a high tariff. jummy and japanese coming exactly re joyce seeing at this good news it will mean that it has now a new market to enter with the military and breaking in singapore for us thank you very much president trump is eager to sign a bill dismantling a chunk of the rules for banks introduced to help prevent another financial crisis he tweeted big legislation will be signed by me shortly the changes are significant but they don't apply to the largest lenders. the u.s.

congress volta rollback don't trunk rules is a big win for small banks major banks with more than two hundred fifty billion dollars in assets will still be subject to the post financial crisis regulation until now banks with more than fifty billion dollars in assets were subject to stringent rules which included higher capital requirements more protection for consumers and stress tests measuring banks' ability to survive a major economic downturn proponents say loosening restraints on banks. growth critics say it could lead to the next financial crisis. let's go over to general doom alone now in frankfurt our financial correspondent ed you know deregulation can be a good thing it depends how far you go have they got the right balance here. oh to be fair this was a very delicate balance now the general argument of the general argument of course was to protect smaller banks from the costs of compliance to corrective regulation

when they were the ones who caused who caused the financial crisis they weren't the ones making all those risky investments those were the bigger systemically important banks but the criticism with these new rules now could be that that category has become too narrow who are the systemically important banks now under the old rules all banks with assets more than fifty billion dollars had to follow strict regulations relating to systemic risk now that could have been regulation that was too widely applied but now that the threshold has been bracing two hundred fifty billion dollars now that could be regulations to narrow the applied it's easy to imagine two or three banks with assets that just fall under that threshold all feeling at the same time and spreading contagion along the sector so this is what worries some of the democrats who didn't vote for that bill so why did trump fail to get the full bill through in all its glory while this bill is

a basically a pragmatic compromise you know that the house republicans would have wanted a much more radical overhaul of dog frank but they didn't want to alienate the democratic vote ahead of the midterm elections that they really wanted to secure a win but it's also worth bearing in mind that if it's deregulation they want this isn't a bill that precludes future action there's enough reporting to suggest that regulatory agencies are already looking into all sorts of ways to ease restrictions on bigger banks like capital requirements or borrowing limits so you know this bill could just be a small part of this bill could just be a small part of a bigger deregulatory wave a compromise though it may be ok that's the long for us and frank thank you. hamburg will be the first german city to introduce a diesel ban due to high air pollution from thursday of next week older diesels that is models that do not meet the so-called your six emission standards will be

forbidden from driving in certain sections of two thoroughfares last year dozens of german cities were found to have exceeded emissions limits several other german cities and mulling similar bans more and more countries are trying to get local emissions under control by putting electric cars on their road china especially has been pushing the technology to reduce air pollution in its big cities many of which are extremely polluted china just recorded the highest number of newly registry to all registered electric cars in two thousand and seventeen with more than half a million new vehicles in the country's roads the u.s. was in second place germany is all the way down in fifth place well as far as a share of electric cars go there is a very different picture that we can paint for you while china does have the most in cars in total only two point three percent or most cars rather in total only two

point three percent are electric by contrast in norway over a third of all cars are actually electric one of the main challenges facing most nations is infrastructure electric car owners need access to charging points they're becoming more common in major cities but it's still hard to find in other areas one way to bridge use of patients is to get people out of their cars and into public transport and ideally that should run on electricity to one polish company is at the forefront of the shift towards green a public transport. here in the polish city of poznan heavy traffic and poor air quality are part of daily life that's prompted authorities to set their sights on electric mobility first stop public transport one company at the forefront of the industry is some lara's the family run business was founded back in two thousand and one the company's c.e.o.

and co-founder has been in the emo bill as he game for well over a decade. we saw that electric buses were the future my husband presented our first hybrid bus at the hanover fair in two thousand and six it wasn't a fully team bus run by batteries but in a press conference at the time he said diesel is dead it's all about alec tricity at the time no one took it seriously no one believed that zero emissions buses were the future that. the buses are necessarily one hundred percent clean whether or not they can be described as such depends on the kind of electricity that powers them still they're much greener than their diesel counterparts and many european cities have been investing in them despite their higher cost. eat buses have an advantage over eight car as. we know the routes how often they

operate and what distances are involved. so we can plan accordingly to ensure that it operates like a diesel run bus would. it's certainly an efficient system but on the downside it's not very flexible and then there's the problem of charging up just as it used to be with mobile phones not all eve buses can use the same charging equipment despite those challenges there are ready to size d. buses on the roads in europe. one hundred and fifty of them come from the celera stock train here post with the order books full on demand rising the company needs funds in order to expound cash that's a dove on the investor. that we need investors because innovation is expensive. right now we have a huge potential for growth we might not be perfect to what we do but we're good.

customers want our busses but we don't have enough money to build as many as they need. she's looking for an investor to take over a majority stake the hope is that this will enable the company to stay ahead of compassion has. eyes to business with you.

connecting news. i'm a nice income trusts. stock a check to david chipperfield is famous for his museum salis. now he's expanded on remodeled london's royal academy of politics. the romantics next on. the top

stories followed across social media share your comments and content welcome to the . first. how the germans came together in one nation from shove their money into chancellor although fun bismarck. the history of the germans has been shaped by great rulers. i swell always to bring my royal college of that to protect christendom and spread find truth. the heathens will learn to focus. are we to fall back a bit to the enemy in joplin. and steered by courageous decisions cleated but i'll say this we tell your master that we serve or seize the crown of our realm from god and not from his presumptuous servant the sky this whole sucks remember. tomorrow we will have defeated the enemy all will never see one another again because. we must pull cheapies.

the germans from every week to double. we want to welcome to another edition of your own max i'm your host megan lee from milestone moments to happiness seminars we've got lots of ground to cover here's a look at what's coming up. two hundred fifty years and counting that london's royal academy of arts gets a birthday make over. say it with flowers of belgian off work.