if you could hear of the biggest names to be left out of the squad for the upcoming matches and their european nations league m three debuts to tito kara. nico schultz thank you so much well there from dave w sports we hope to determine king team will return to their winning ways. you're watching to. tell the next hour business is up next with christine. make your sport t.v. smarter. or smart. what you want when you want it up to date extraordinary. to decide what songs find out more. dot com smart. his creations. his brand think about colonoscopies the economy of the. book what

do we really know about the man behind the torch. what motivates him how does he think and feel good moments in the life of a great fashion designer. starts september. w. . and you free trade deal for north america is one step near as canada's prime minister says he's eager to sign a deal if it benefits his country it's also on the program who wouldn't want to be beautiful and popular in the creation city of dubrovnik residents are warning that tourism can be too much of a good thing. this is productive business and personal kober welcome to the program the atmosphere during initial talks was described as optimistic as kind of the

negotiates whether to join a fresh trade deal with the united states and mexico talks are resuming today and there are pitfalls canada's prime minister so far insists on keeping terrors that are meant to protect the country's dairy farmers u.s. president donald trump says these tariffs must go there's a lot at stake trade between these three countries totals to more than a trillion dollars after the u.s. and mexico reached a preliminary agreement signed kind of the two but it soon be on board. what's. really leaves the way the white candidate believes he did meet is. it perhaps not next to me in significant fashion it seems that they're in the area of labor and. cars and these national believe are going to be valuable to the internet and united states have been for some

time there john snow statistics the canadian prime minister said he would only sign a deal that was good for kind of debt but he praised the progress that was being made. we're pushing hard to conclude an agreement that is win win with a moderate and progressive agreement that is in line with our values and our ambitions and that will benefit not only canadian businesses but all canadians u.s. treasury secretary steven believes an agreement with could come later this week he said the talks have met many people's demands of working with him and are trying to work minute this is a complicated agreement there's lots of things in here that are all new i would think the candidate would be very much on board with stronger intellectual property stronger protections modernizing the agreement so i'm hopeful that the open issues with canada can be resolved. without

a deal to us present donald trump has threatened to impose tariffs on canadian made vehicles but that could weigh on the automotive sector on both sides of the border because the neighbors rely heavily on each other's parts if talks with canada wrapped up by the end of this week trump only plans to seek approval from congress for the bilateral deal with mexico all right let's get some more analysis clamens foods he's the president of the for institute one of germany's biggest economic research institutions and he's joins me via skype from munich good morning to you sir looking at the issues at hand here the discussions about cars and agriculture are there lessons to be learned for europe regarding a potential trade deal with us. good morning yes there are lessons i think the first lesson is that the u.s. is turning to us bilateral deals and away from macho leftward agreements and that makes things more difficult we see that canada is now in a more difficult situation so u.s.

trade policy is becoming even more strategic and europe needs to be count all of the other thing is trade deal means opening up european markets as well and opening up markets in sensitive areas in particular agriculture so these will be difficult negotiation about negotiations about the good news is we are talking about free trade rather than talking about increasing tariffs and i counted out only wants to sign such an agreement if it's a win win win situation for all three parties is that even possible. that is certainly possible everything's better than a trite wall any trade agreement will be better than increasing tariffs which would be bad for both sides still we need to see that the u.s. is counting too was heavily regulated trade agreements we are not talking about having regulations on the wages for instance so forty five percent of the chapattis

that. on the american market on the u.s. market will need to be produced using a labor with at least sixteen dollars an hour wages so this doesn't make it more difficult in particular for mexico to use its comparative advantage so these are free trade agreements but they are not very free they are highly regulated that's presume a revamped anathoth or north american free trade agreement that does come to pass how much of the global trade worries that would that solve. i think it would. solve not all of the worries but it is a change in direction we are all johnny towards new free trade agreements just a few months ago we were talking about introducing new tariffs tromp stopped the pacific agreement and so this is really a change in atmosphere or it one gets the impression that trump has understood that

just destroying trade flows and increasing charis is bad in particular for the us clemens was president of the legal institute one of germany's biggest economic research is that there's a thank you for your insight. poor results and tumbling share prices germany's big banks are in trouble now one of the most pressing issues experts say the banking giants have dragged their feet in the face of the digitalisation and now financial tech startups are giving them a run for their money the fin tech challenge is the focus of a banking conference in frankfurt this week financial experts say they hope to find potential solutions to get the big banks back up to speed. now let's get more from our markets rand paul bread standing by at the frankfurt stock of st paul's germany's the second largest bank amounts one could even be ousted from the dax index and be replaced by one of its new competitors from the tech sector how do we come about how do we get to that point. yes chris of that decision seems very

likely it's up next week and that would be a strong sign of the demise of the german banks that isn't just happening now that's been happening for a while because effectively the german institutions have been slipping through digitalize ation and not focusing on that now small fast companies like wire card which is likely to replace correspond are rising they're focused on e-commerce on credit card payments and mobile payments and they're now the new star. and paul with all that stiff headwind from new players on the market how do banks want to address the growing competition. the banks are a behemoth they're huge fifty thousand people roughly work for a commercial bank and that's their advantage but also their disadvantaged advantage they've got lots of customers disadvantage they can't use the data from these customers yet as the new companies can because departments within the banks don't

talk to each other and so they need to get that fixed first of all brits reporting from the frankfurt starter st paul thank you so much. the pearl of the average attic that's what people call dubrovnik popular travel destination in southern coast seaside location and medieval sites attract thousands of tourists per day they also provide a steady stream of revenue for shops and other businesses but the local residents every fresh cruise ship load of tourists poses the question whether many too many. on a typical summer day in dubrovnik local resident dooper after she moon of each avoids the main streets they're packed with tourists and souvenir shops even normal businesses are thronged. is good to do i have to stand in line at the supermarket for up to thirty minutes because it's full of tourists buying water or

fruit. we would check. the mediæval city is on unesco's list of world heritage sites the u.n. organisation has advised officials to cap tourist numbers at eight thousand a day but often more than ten thousand arrive especially when three cruise ships docked in the harbor simultaneously with two thousand or more passengers disembarking from each one the deputy mayor says the city is working to limit the number of visitors. ships arriving the same morning are not arriving at the same hour there are like intervals. to prophecies the visitors has both a curse and a blessing she too lives from tourism charging ninety euro the night for this apartment she prefers longer rentals to older tourists. you know wish they had all the ones under forty our disaster they run around the streets with their bottles

and they pee everywhere. they're doing despite the nuisance caused by tourism the shimon of which is intend to stay they've turned down an offer of a million euros for their house you know your way out this is my home i'm going to die here i won't sell. why not. because they enjoy so many moments in the historic city known as the pearl of the adriatic. famous by james bond in the spice films would become the first britain based car maker and here's to the list of the other british luxury brands like jaguar bentley and was are now belonging to foreign owners as martin is planning an i.p.o. by the end of the year analysts say it could be valued up to six billion euros that's even though it sells only a few thousand cars each year. i

believe of myself that's it you're up to date with the latest from the world of business if you want more do check out our website that's your dot com slash business or better yet simply follow our social media feeds while you always also find the latest on the negotiations for frustrate deal between the united states canada and mexico mexico. to learn from me and the entire business team thanks for watching i'll be back here for the first update in forty five minutes.

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