as u.s. china trade tensions rumble along a shaft as the two sides say they have lined up low level talks for later this month. one stumble intrapreneur comes up with a novel idea to help save turkey totally neeraj. the question about the border between the republic of ireland and the u.k. northern ireland have a larger for the people who live there. how it will come to business news some funny here in berlin the wall street news that china and the u.s. will hold low level talks later this month in a bitch to resolve their escalating trade dispute chinese markets and currency have suffered losses in recent months with investors spooked by washington and tit for tat tariffs here is more. the chinese economy has lost steam in recent months

washington's tariffs have put a damper on investor sentiment since the last trade talks between beijing and washington in may the shanghai composite has declined more than ten percent and the you wan has been falling to the chinese currency has slumped over the past few months it has fallen more than eight percent against the greenback since last may but the u. once fall has also helped cushion the effect of tariffs by making chinese goods cheaper that is another sore point for washington which has repeatedly called on china to strengthen the yuan and it's also demanding beijing to make concessions to lessen its trade imbalance with the u.s. so while these low level trade talks are welcome news analysts warn they may take some time before the two countries come to a truce. all right our financial correspondent selfish alliance gets tangled buying for us in new york sufi talk is cheap does anyone expect anything to come out of

this. well yes one in charge might be cheap but investors are making money with this talk the market was in a rally mode all thursday because this is a modest breakthrough that's the phrase i read a lot today and i think it is a good way to put it of course this is nothing hard and best service could actually evaluate but a wall street is all about emotions and how investors feel about the future and i feel like some are seeing their hopes coming true in a way that strategy of threatening and being tough on trade partners seems to have worked trade partners or trade disputes have been taking a toll on od the country's economies not so much on the american economy and this way trump could literally bend their will and now china amongst others has lost some of their leverage and so the u.s. could come out of these talks on top of the situation in an interview only on thursday top economic adviser larry kudlow said talking is better than not talking

but the timing of these talks is crucial and investors seem to believe trump just hit the sweet spot in regards to timing right and then what comes out of the talking of course now i've been reading that there. are results u.s. consumers in spending mode is that right. yes absolutely funny and that by the way contributed significantly to the three digit gain off the dow jones as wal-mart was up more than ten percent and entered a trading it seems that wal-mart may see the best buy fight against mighty amazon is not lost yet wal-mart's a remarkable growth in its online business forty percent last quarter and they also have a strong guidance so this is an important development for this retailer selfish months in new york thank you so much for your analysis. that you know a bridge collapse has sparked concerns about the structural integrity of roadway infrastructure everywhere many key bridges and roads in europe are decades old

built to outdated standards and now carry out much heavier traffic load than when they were built. it was a road bridge collapse that occurred two years ago in germany and it suggests that a tragedy like the one in general could happen here as well. the roadway ripped like a piece of paper twisted steel suspended in air ruins piled at the foot of the structure it was mid two thousand and sixteen a forty meter stretch of an autobahn bridge collapse near the town of very thick in the southern german state of affairs fortunately the bridge was closed at the time of the accident an isolated incident or is german road infrastructure as questionable as italy's. german experts warn against complacency. remissness but we have to be aware that germany is not in a much better position in terms of infrastructure quality because the country has

a giant investment gap in this area there's a shortfall of seven to ten billion euros annually in transport infrastructure and that's been the case for years so it's getting worse in germany. meanwhile tax revenues are pouring into the country like never before meaning the money is there to bring bridges and streets up to standard but many local administrators have pared down on personnel meaning shortages in planning and expertise you theatres probably many tal you know the question in italy or in germany is it about whether private firms build or maintain infrastructure that can only happen when the state makes it happen in germany we have several hundred bridges that are in disrepair and where the state is responsible but not taking care of it or you think it's all him because experts say that there's a lack of ability to think far enough in advance and to employ the expertise needed to keep close tabs on ongoing projects. turkey's finance minister bear out of iraq has assured international investors that the country will emerge stronger from its

currency crisis insisting its banks are healthy and strong and while there is no denying the perilous position of the new era at least bharat can rely on support from some very unusual quarters. as the lire struggles at all time lows many turks are rarely in behind president everyone's calls to exchange us dollars for local currency one is stand all restauranteur as it upon his own novel scheme to rescue the lira. much the aim is to support the state and support the government therefore we launched a campaign to offer one portion of free fish and bread to anyone who converts one hundred dollars or more to. the restauranteur came up with the idea in partnership with a nearby foreign exchange office and the idea seems to be getting popular support from is turnbull's phish fans. of course are support these campaigns to protect our

currency i believe that everybody needs to be sensitive to this matter as foreign currency rates have risen these days but today we didn't have any dollars left to convert us to. think it sounds fishy some might say it's simply good publicize the for this popular restaurant the turkish lira hit a record low this week now forty percent down this year air to ones influence over monetary policy and a bitter dispute with the united states have spooked investors sparking turkey's worst currency crisis in two decades. now and the future acts third on border with northern ireland has become a central problem in the bracks it. companies in ireland are increasingly concerned that so far no solution is inside the free movement of people and goods. the bay of carlingford that separates the british province of northern ireland from the republic of ireland in the south

a ferry service began recently. about three thousand passengers take the daily sea route between the irish republic and the british territory. the tourists enjoy the landscape. but for commuters it represents a convenient shortcut. we used to ferry here to go to work in this i thought it would sleep with an eleven and ought not to have to trade west managed to achieve sauce maybe forty five minutes kind of brings in a lot of tourism into the north side and down the coast along the seashore a lot from here so it's just very very handy yes. it took more than ten years for the ferry company to overcome all the pure credit hurdles and finally start. now the private operator is worried about brakes and. right now there are no border controls between the two neighbors but nobody knows if it will stay that way.

there's been a vast improvements in business a vast increase talks at a local restaurants the butchers the hospitality providers the supermarkets all of them are seeing an increase in economic activity and the introduction of any level of hard infrastructure to borders would be completely contrary. would be quite ironic in actual fact. people in the coastal town of carlingford are also worried during the bloody period of troubles in northern ireland between the late one nine hundred sixty s. and nine hundred ninety eight a few tourists dared to enter the border region. now the place is a popular travel destination tourism has since become the most important source of income there. of a hard border was coming in might scare them off or they might want to come this far because of troubles in the past but we're seeing a lot more than coming this far crossing the border like the giant's causeway and became a massive at the minute obviously with the with the series in america so if

a hard border was coming it would be detrimental to the tourism business people in the border town of kill kill in northern ireland are also benefiting from the growing tourism. sam hamilton runs a hotel here. he's following the brits at negotiations very closely with custom controls would directly affect his business. most of the company's every by far our best and the best in the south you know where for a lot of wholesalers our best of all sizes helped out which we did well so you know . it's the uncertainty that the ferry operator fears the most no one really knows what will happen next year it was for most irish just over two years ago it was inconceivable that their island would ever be divided again old.

thank you very much for your company but. i highly recommend the media keeps to you check them out. thank you very much for the call. the be. cute. the be. the be. the be.

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