president all trying to frighten even more terrorists china rolled stock markets kits or as washington asked a tit for tat trade row. the affordable office giving these old shipping legend a new lease on life recycling them to keep the space. mr to one german intrapreneur started getting ready to leave turkey and blame a declining economy on the current president. come to your business update i'm funny for char in berlin china accuses u.s. president. and again retaliate for the latest set of tariffs threatened by washington china structure the. trump is no talk getting an additional two

hundred billion dollars worth of chinese imports for the temper sent. shoppers in china might not be interested in every twist and turn of the trade dispute between their country and the united states but the tit for tat spot could soon become apparent in their grocery bills these aren't just imported from the u.s. are among hundreds of goods beijing has bagged to tax in response to a fresh set of terrorist threats from washington. the move makes good on china's pledge to retaliate up to the united states imposed an initial set of tariffs on fifty billion dollars worth of chinese goods. but if you needed further proof that childbearing china does not want to fight a trade war but it's not scared of one. you will continue to take effective steps to resolutely defend the country's interests of the people and to defend globalization and the multilateral trading regime.

that defiance stance has also been reflected in the attitudes of some presidents in hong kong. i don't think shrub can win this trade war china's china has a really big economy they have other people who they trade with although u.s. might be one of the. largest countries that they do trade with and most of their exports may go there boy of. the u.s. is also going to suffer from this maybe just as much or even more than china is suffering on both sides that is appears to be the most likely outcome as the battle over tyrants threatens to explode into a full blown trade war. and let's get more on this and let's bring in the quarter our man on wall street while coming as we just heard i mean china and the u.s. are big trading partners so what are the risks of this move or potential move by

donald trump and comes to terrorists. the past year of the u.s. . from china in the amount of five hundred billion dollars and china imported u.s. goods in the amount of one hundred thirty billion dollars so if you look at those numbers the possibilities of china at first glance seem to be limited if you look at tariffs but having that said china did mention that they also could take qualitative steps are not just quantitative steps what they mean is that is that for example they could start a boy called for u.s. products that could disrupt the supply chains for example for the high tech industries and that could turn out to have unintended consequences for u.s. corporations and also for the u.s. economy talking about the consequences to dell plummeted for the sixth consecutive day already one of the sentiments on the ground what are you hearing. there so far

representatives from the ministration call it a trade dispute would not trade war and there's still hope on wall street that all those wearable threats are actually part of the negotiation strategy and that at the end we will not see those terrorists being implemented to but that is guessing at this time if the disputed shows escalate we could see the car industry the agricultural industry and many other parts of the u.s. economy being hit a little follow this story and see how we ask later he has called to thank you so much. to here have finally come to an agreement after many months of polite but firm disagreement germany's chancellor and her french counterpart have laid out their plans to change the way the eurozone works first what's clear is to have decided to push for the creation of a single eurozone budget helping to bring the economies across the bloc into line

that will be in place by twenty twenty one if all goes to plan. they also want to start of funds to give loans to troubled countries in the event of another economic crisis ultimately protecting the euro called the european monetary fund but what we don't know is whole of the new budget the finance bill the other e.u. members agree this path or citizens for that matter the plans could be seen as rich countries subsidizing the mistakes of the poor well french president and monarch or saying an agreement is essential for the euro stability let's listen in. the creation of a euro zone budget is part of important reforms we've been working on together for a long time and it's a political commitment from both sides. and for something different if a full blown trade war does break out and we are left with all these containers i know

some people have come up with a great way of creating affordable housing and office space which is environmentally friendly on top of that you double use your milk or reports from kenya. this may look like a typical construction sites but there's more here than meets the eye these are old form a shipping containers a company called containers kenya restores and sells them some head and sold directly there's a modified in converted into apartments offices all small stalls their best selling product right now. the biggest. ones that are the ones that are not public because they need to be growing some. but there's also really huge shops. in terms of what every new part by you in kenya old containers are often discarded and left to rust so to prevent that

container kenya buys them directly from shipping companies and review tonight is them that way nothing is wasted the company was founded in two thousand and ten and employs one hundred people in the interior designer grace ateneo is working on an office design for the managing director of a company. the unit will cost about seventy two hundred euros that's about a quarter of what it would cost to produce the same sized building in stone. what i'm really seeing is open space and i need an office and constructing an office too expensive so in terms of cost efficiency and also outlook a container that is probably could have been particularly well for what i want to. contain is here we used only for food stuffs all similarly nontoxic goods the initial stage of a conversion is the most challenging cutting through the thick metal to create doors and windows once that's done the rest of the process is relatively quick in

a couple of weeks the workers have created habitable rooms complete with insulation electricity and interior walls ready to paint. three. days great. need from very don't realize you're getting a lot of orders from rwanda for example. you've done that and then you're saving the future of libya. to our region. in nairobi there are many converted taking is already in use these environmentally friendly structures and now a part of everyday life here. after sixteen years in a job turkish president. is again seeking reelection this weekend many see him as the man who put they call me on the global map but times have changed the turkish lira has been tumbling for months foreign investment is declining and the

uncertainty is also prompting german businesses to pack their backs like this one. fresh fruit and vegetables are the bedrock of maurits fall vines business four years ago the german entrepreneur started a small company and it's done bull he made juice that he sold from a small shop but a year ago he had to close that shop down many of his customers were foreigners who had left the country after the attempted coup he now sells mostly to hotels this is this is carrot apples and pepper. he and his american partner built a business up together but now they are looking to leave turkey there's more driving their decision than a longing for home runs like the house had often the life here has changed. and it isn't as free and open or as relaxed as it used to be. i think the main reason is that so many people are under pressure because of the

economic situation that. the turkish economy has kept growing since the coup thanks largely to government spending but the turkish currency the lira is under severe strain that means imports have become more expensive the weak currency is also fueling inflation increasing numbers of people are experiencing financial hardship add to that the political situation and many foreign investors are feeling spooked . a little sun most also the politicians are trying to make people believe that the poor exchange rate with the dollar well the fact investors are avoiding the country with high interest rates which it doesn't and tacky everything is connected to just a system education security. it's all tied to the economy money economy down bombs you know the economy from bombs. when the country his company will keep going under the management of a turkish business partner. that's it for me on the business team here in berlin

thank you so much for watching. thank. you and. me will make

the system the entire nation like your empire scream from jersey or dealing with an emotionally killed many civilians i mean i should come in cutting my father was selfish and i was a stupid weakling i wanted to build a life for myself like these totally but suddenly life became our kind of sob. providing insights for global news that matters d. w. made for mines. birth place home two moves of species. a home worth saving. again those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world. but here's the good news to bring in shops and food for station. crew to interactive content to choose the next

generation above fundamental to touch on. music channels available for people to take action and more determined to do something for you for the next generation the idea is for the environment series of global three thousand on t w and online cut. loose the boob. tube. hi and welcome to a special edition of kino coming to you today from the city of frankfurt famous of course for its skyline and for being.