it's the final stage of a highly anticipated mega merger buyer is one step away from completing its takeover of monsanto but will it inherit the bad reputation of one of the world's most controversial companies. also on the show as the e.u. takes the united states to the world trade organization over tariffs on european steel and aluminum the e.u. trade commissioner announces balancing measures. for global plastic plight the u.n. calls for a global cleanup to tackle pollution will go to southeast asia where mountains of plastic are ruining some of the best beaches in the world. and tourists and by mother my daughter will be able to bunk up. in residential apartments a fight against mass tourism that could harm the island's economy. for business on d.w. and how you got together welcome to the program the german chemicals group buyer is

very close to finishing its takeover of u.s. seeds giant monsanto the sixty three billion dollars buyout is set to close by air is ditching the name and santo it's been a target of protests and lawsuits for years but monsanto products will keep their names like round up which contains the controversial herbicide. that monsanto crop protection technology and. seeds are vital to feeding a growing global population. so fishman secure our financial correspondent on wall street is joining us now hi sophie it's very good to see you know one thing away the name monsanto really get rid of the problems and the bad reputation associated with the company for a bunch. of it is highly unlikely but it's very clearly what bae is trying to do i mean the nine months have been the f.p.u. tome of evil per basic revie entire century

a company had to be draining farmers destroying the environment or poisoning our food so it looks like a buyer is spending a lot to possibly inherit a bad reputation when launching this takeover bid a buyer promised it would not introduce genetically modified crops in europe experts are still warning buyer is going to feel the impact of this bad reputation by association because some of the brand names which will become part of the new part folio draw almost as much controversy as the parent company and buyer is not going to change the thing fell the danger of a knock on effect is real and could potentially damage fate and the stock price of buyer is well the stock is indeed down for the year though see many changes in the sector of the agriculture in the last few months and years do you think that's it as far as liberation goes in the sector. well i mean this still takes place amid

a global shake up by sluggish crop prices so there's a huge need for this consultation three method companies now control the market that supply agricultural inputs like fear like trade like chemicals and was farmers fear this prospect the new market power is certainly something that is also tempting to the stock market especially after buyer got clearance from the u.s. department of justice canadian authorities the. commission so many hurdles have successfully been taken in this two years where now there's still mexico and type cafe agency. so if you ask you on wall street thanks very much for the analysis. the european union is bracing itself for a trade war with the united states europe's highest trade representative cecilia mob strome warned on monday that the u.s. is playing a dangerous game that could spark

a trade war that nobody would win she said europe regards the u.s. as a friend and does not want a trade war but is willing to take countermeasures if necessary you know we know how to treat war but we could be and that would be extremely serious if this situation escalates because i do not think trade wars are good and i don't think they are easy to win and that is something that many countries across the world change and i wouldn't say to protect the european union and other countries such as mexico and canada reacted last week against something that we thought was blatantly violating the we stand up for w two rules so we took us to the two w t o and we're also preparing a list of fully compliant w two rebalancing measures. german chancellor angela merkel has broken cover on euro zone reform responding to a speech by a french president i'm going to call in april merkel agreed to founding of a european monetary fund and

a common investment budget there were smaller one than a core and a cause office says more work is needed on banking union suppose the two countries are aiming to agree on euro zone reforms later this month ahead of a key summit. they're billing at the biggest ever worldwide cleanup the un is calling on citizens and companies to fight plastic pollution and world environmental day this tuesday an estimated one hundred fifty million tons of plastic bottles and packaging are floating in the oceans killing marine life and entering the human food chick the booming economies of southeast asia more plastic in the seas than the rest of the world combined. just south of the vietnamese capital hanoi the one senate breach of how luck is choking under the plastic onslaught. officials struggle to keep up with the deluge which washes in with every high tide there seems to be more plastic than sand on this tree line form a paradise. they put everything in

a plastic bag if they're preserving shrimp or preserving fish they put it in a plastic bag when they finish they just throw the bags into the ocean the trash floats to wherever the sea level rises and they've done. a study by the university of georgia says vietnam is the world's fourth largest marine plastic polluter in thailand recently veterinarians fought for days to save a beached whale when their efforts failed an autopsy revealed a two pieces of plastic rubbish wearing a total eight kilograms in its stomach. toys use a phenomenal amount of plastic from street vendors selling subtitle shop clerks putting purchases into multiple bags plastic bags are part of daily life for thai workers who use them at lunchtime to buy takeaway food thinking. that what i need to use plastic bags because i usually don't have a bag on me. yeah. but if it's

a small item. i usually don't need a plastic bag. like. a low plastic is everywhere there are no effective national or regional policies in place to deal with the problem. i see and. says the problem needs to be addressed but there's no action plan that will actually decrease these of plastic. bangkok's metropolitan administration says the city's ten million residents use eighteen million plastic bags a day the problem has grown out of all proportions and much ends up on the country's beaches. to a place with other nice beaches the city of the spanish out of my ga has decided that from july first residential parkman's can no longer be rented out to tourists it aims to fight mass tourism in the summer and stop rising rents but travelers

enjoy staying in apartments instead of hotels and some fear the measure could end up harming the island's tourism industry the last guest has just left and asked to hell about is getting her vacation home ready for the next holiday make it the me you could not have is allowed to rent out the house that belonged to her grandparents even after the first of july when i went there fortunately this is a detached house and although it still belongs to palma i was able to get a license. here up. the band doesn't apply to esther because it only affects apartments. she should be pleased because the scarce supply means there's more demand for her house but she shakes her head i think they're going there contrary i think the terrorists are freed you've heard that a lot is changing here and i think that scares them all off this is not me your car is just beginning and the capital palma there's no sign of tourists it's quiet. but

the island government's chief tourist officer defends the new rules and points up the mood in society. and a best vantage vos a young turk quite a few voices in the lyric islands who agree that we can no longer grow in summer. this is a serious issue because our primary objective is sustainability and that's why we can take more people in the summer so we can distribute them better throughout the year but not in summer than in my skin the middle. so what is the point of the ban it's not that private rentals and palm are only forbidden and some are now there has perhaps represents five hundred landlords and strongly criticizes the ban the but without it it was the first time in history that the profits of tourism were whitely distributed in society the middle class benefited from it and with the new restrictive rules with these bans they managed to get profits back into the hands of the big hoteliers. and that's what the little. as

expected spanish hotel chain real hotel supports the new rules. if some more cautiously. after this first summer we will see what the new measures will bring we believe that this is fair that the number of private rental should be controlled as well as the quality and taxation of this tourist business. and what that that is because that's what many say. already complaining that the creasing maybe the holiday apartments have been scared away. and before we go global coffee chain starbucks chief executive power choice is stepping down he bought the company in one nine hundred eighty seven and launched it onto a global expansion he oversaw its transformation into a giant was twenty eight thousand coffee shops and he's not retiring and says he will support the title of c.e.o.

emeritus. that's all for business thank you very much for joining us i am going to go grab a coffee and you stay with us as you next time to buy. the book. the be. the we'll. wait.

time for an upgrade to our. close with. design highlights you can make yourself. against tips and tricks that will turn your home to something special. a great yourself with d w's interior design channel on you tube. we make up oh but we watch as obama folks that found out that if we ought the civil service of. being one to shape the continent's future to. be part of it and join african youngsters of testing share their stories their dreams and their challenges. to the seventy seven percent. platform africa is charging. you can tell a lot about

a society by its garbage. cofee it's worthless for the rich but for many poor people it offers their only chance of survival. cannot be lunch for today just like us. reporters travel to nairobi and work and meet people who know the true value of garbage. it has created a thriving parallel economy. but what this will this mean for economic inequality around the world you guys are starting place walking the response to that statement should be yes we are starting to as want to get. the rich to the trash can exclusive brooklyn starting to live on t w.