came really from crazy plays reacting more quickly than england defenders did so very impressive in croatia and it bodes well for them going into the final. that was the ws on the validity of reporting on the second semifinal clash at the was gonna stay with the w.'s monica jones re coming shortly and you have the business headlines to stay. in the front between. his work and the goddess fortuna. the munch and three. children aged twenty two. for. a reliable denouement to. distant future classics.

of the. automotive industry. trying. to. get out of the. investment woes for the world's biggest economy foreign direct investments drops for a second year running chinese investment dries up to a trickle also coming up in the twin attack washing lashes out of beijing and the world trade organization saying china's trade policies are to make for the w a t o two tackle and europe's business community wants stricter border controls could cost the economy millions of euros. to do business

jones on starting with the ongoing trade conflict with the us. it's already taking its toll on the euro zone's economies the european commission has lowered its growth predictions for the current year from two point three to two point one percent that's assuming the tariff débâcle doesn't intensify experts say any further acts escalation could have long term detrimental effects on all nineteen euro zone countries and the amount of money coming into america from overseas plunged to thirty two percent in twenty seventeen compared to the year before that's the second year in a row the o.e.c.d. says many firms held back on investments as they waited for trump's tax overhaul analysts say investment will likely pick up again relative pick up on that so analysts say that investment will likely pick up again in the united states is joining me now from frankfurt laos is that

a reasonable assessment of the current environment. well currently it's really hard to say because it's not only donald trump who obviously does not like foreign investment much as also his trade advisor peter navarro he has spoken of foreign investment in the u.s. as conquest by purchase using a decidedly military term that is how much he is against that and dislikes it however of course for companies even whether they like president trump or not or its policies or not of course they know that the united states is an extremely important market and that they can't be out of that market so we'll have continuing to invest at some point ok well we know that most of the u.s. trade will right now the drama is directed. china how does that impact chinese investment in the u.s. . well chinese investment is actually down ninety two percent this year as compared to last year so it basically has just fallen of the cliff there's hardly any

investment going on right now it was constant actually chinese cell phone maker foxconn is building a huge plant but it really looks pretty much like this is the last big deal of for a while that is the committee of foreign investment in the u.s. is actually blocking all sorts of chinese deals that were planned including a big deal by others so it's really difficult for the chinese right now all right last to their reporting for us from frankfurt thank you so much. the united states is demanding a reckoning over china's membership in the world trade organization the u.s. ambassador to the w t o denis shia accuses china of seriously harming members of the group by failing to live up to free trade principles. china's compliance with w t o guidelines lies at the heart of the conflict notably over beijing's a legit state support for companies that are ostensibly private w t o rules permits

some government support for national industries under specific circumstances in geneva on wednesday china's vice commerce minister one show when you defended china's record. we would like to call all the members to vacillate found the fundamental principles and the call fairness of the most natural trading system including m.f. and national achievement and special and differential treatment for developed in memphis and to family stand up to chait fully protectionism and unilateralism. washington's main bone of contention is that under the w t o rules china continues to self identify as a developing nation president trump tweeted in april that this allowed china to get advantages especially over the u.s. the u.s. argued that if beijing's behavior went unchecked it would ruin the world trade organization the u.s. has demanded that the w.t. o.

address what it called china's failure to embrace the open market policies on which the institution was founded the european ambassador to the w.t. o. admitted there needs to be reform. for the long given of the. multilateral trading system the rules need to be updated when we hope that we would also find china as a constructive partner but trump has already raised the stakes he's walking appointments to the w t o o's appeals chamber to replace judges as their terms expire unless he relents the world's trade disputes system will be unable to operate by the end of twenty nineteen or sooner. well businesses here in europe. watching the current interior minister meeting and spoke on migration with mixed feelings because stricter border controls are a contradiction to what the schengen area is about namely open borders that allow

for a free flow of goods and services as well as people stricter controls their false threaten the concept of just in time cross borders supply chains business wants millions of euros are at stake. this truck from hungary has arrived just in time the products are needed by the company. and germany's southwestern state of baton verdant panick the german company produces fans for example to be used in air conditioners showing the work with the hungry and plant makes the end product competitive supply chain delays due to new border controls would make the fans more expensive. this will be if we had a plan for one two more days in the supply chain then we need to build a storage hall for eight thousand parts at about two point five million euros the customers would likely have to live with longer delivery times that would be unacceptable and on affordable food. for the truck the bottleneck is the german austrian border where german police perform visual inspections to prevent refugees

from entering the country illegally that leads to long traffic jams at the border on certain days from january to may twenty eight hundred four thousand six hundred attempted an authorized entries into germany where registered of those two thousand four hundred fifty individuals were turned away many were hidden on the trucks cargo beds. in munich it's rush hour at the wholesale produce market hundreds of trucks deliver fresh fruits and vegetables from southern europe every day they all depend on open borders. then a clutch month gets his fruit from southern italy increase passport controls directly at the border crossings would delay his deliveries from italy. directly. material i thought that this time as we deal with fresh produce look at this would certainly have an effect on the prices and of course on the quality it is decisive if the delivery truck has been on the road for twenty four more hours to be here

for a few weeks is with long.