she really did become a world. of the. mind to. start the jewelry he takes on g.w. . there's no waking up from the heart break said nightmare just yet the content here is the border between our land and northern ireland shifts back into focus as u.k. prime minister theresa may rejects plans to keep britain in a customs union with the e.u. also coming up around celebrates the fortieth anniversary of the islamic revolution as u.s. sanctions continue to hamper the country's economy businesses pin their hopes on a special mechanism to keep trade with europe.

i'm just going to have you with us. british prime minister theresa may has rejected the idea of creating a new customs union with the european union for a cold water on hold from some that she could shift her bricks of policy to win over the opposition labor party the idea of a customs union which would keep trade easements in place even after britain's withdrawal from the e.u. earlier also been proposed by a group of leading german economists. the border in question the republic of ireland on one side and northern ireland which belongs to the united kingdom on the other neither the e.u. nor the u.k. wants a hard border here. one proposed solution was the so-called backstop it would have allowed northern ireland to stay in the customs union if no breaks the deal was reached allowing for continuing trade with the e.u. a thorn in the eye of some lawmakers including allies of three semi who fear

britain would be half in half out of the e.u. and not entirely separated. what we want the prime minister to do after today is to go back to the european union and say that the facts. have to go some in the e.u. have a similar view and there are some things that cannot be done. at the specially on the backstop the twenty seven agree that we will not abandon. it doesn't sound like anyone is backing down. in an effort to overcome the impasse labor leader jeremy corbyn suggested a permanent customs union between the u.k. and the e.u. similar to a so-called european customs association suggested by trade groups it would represent both the u.k. and the e.u. meaning they have a common external trade policy and just single representation at the world trade

organization. now for more on this let's bring in martin bromley is with the effects center for international economics and he's among the economists that has suggested for britain and the e.u. to stay in one customs union martin welcome to the program theresa may has or directed this plan do you think it still has a chance. i think it still has a chance it has never been on the table by brussels brussels has always ruled out to give the brits a say in the newly created customs union or customs association as we have called it but we believe that the backstop is the best solution as address to permanently money first disadvantage to two asian forty united kingdom very internal integrity is a driscoll different regime applies for northern ireland and for the rest of great britain and without. the british for the british authorities on trade issues and britain which must be really take up passive who will take a that cannot be a permanent long term solution now it seems of tourism a doesn't have

a chance but to reject these ideas if she wants to deliver a brace that cuts all ties with the e.u. yes that could be zero risa don't know what is the plan of theresa may right not it was only a heart break said on the table which is a cheaper blower which seems to be achievable at the moment. but we don't know how does heartbreaks it looks like so the u.k. could simply refrain from enforcing a hard border in northern ireland they could waif all truck through the border they could avoid any customs declaration or assessment conformity control so there is no necessity to do it and then the hard border wouldn't be as hard as it was expected right in the past. martin. britain and the e.u. are racing towards a messy divorce what would the border between ireland and northern ireland which is the bone of contention here how would that look like if there was no further

regulation put in place regarding banks. so the problem actually is if the united kingdom wants to be independent in terms of international trade and a heart board is unavoidable then we'll have to deal with assessment conformity controls on the border at the border you have to deal with customs declaration at the border and. know we border can can be implemented anymore that's why we believe the customs union is the long term solution to a border hard irish border and there's also adventures for both the united kingdom n.t.e.u. as a leverage as our market size international trade negotiations then be on a level playing field with the united states and with china as well and martin let me ask you over the weekend a study warned that up to one hundred thousand jobs in germany could be lost in the event of a heartbreaks and that the same time many institutions have been saying germany and other countries could be beneficiaries so which is it well i think there's number

of hundred thousand jobs is very exciting or a that it won't be dead much diluted job loss that is losses in some sectors of the automotive sector or in some sectors that are highly connected with the u.k. industry but also with us for example the financial industry which is located in frankfurt and many banks have already shifted and a bike has to to frank more than other places so there are winners and losers or will all. be some losses but they are less than half a percent of the german g.d.p. on bramall of the evil center for international economics thank you for your insight thank you. the international monetary fund warns governments of a possible quote economic storm as growth undershoot expectations speaking at the world government summit in dubai i met chief christine lagarde said the global economy was growing more slowly than it dissipated as the guard said it trades

tensions and terror of escalations uncertainty of a bright side and a slowdown of the chinese economy as reasons for the weakness last month the i.m.f. lowered its global economic growth forecast for this year from three point seven percent to three and a half percent. pretty. well let's bring in our financial correspondent only bartz year in frankfurt the trade tensions are on the i.m.f. list of warnings not negotiate between the united states and chinese representatives are to continue this week how much hope there are much hope is there that both sides can strike a deal before the march first deadline. i think there's a lot of hope that is warranted when you look at the situation both sides are under mounting pressure economically and politically if you look at the situation in the united states with another shutdown looming the first already having hurt the economy the market showing its teeth in recent weeks and already musings of a recession perhaps in the presidential election year two thousand and twenty for

donald trump and when you look at the chinese they've also downgraded their economic growth forecast so there's plenty of reasons to strike a deal in order to prevent economies from sliding and i don't think it has to be seen as a negative sign that the leaders have decided not to meet until the deadline runs out that gives their experts more time to hammer out a deal to prepare the leaders for substantive talks when the time comes only the i.m.f. is also pointing to wards growing problems in europe what are those apart from breck said about which we have been talking abundantly. well you can practically look at any country in the e.u. and see problems if i take the three largest ones germany right here where we're sitting germany could be growing stronger if there were hundreds of thousands of jobs that could be filled with skilled workers that are not here in germany already being affected by the trade strifes and if you look at france and italy always

having troubles with reforms with political resistance to moving the economy forward france the village on the yellow vests making it hard for president one chron to up the competitive competitiveness of the country and if you look at italy a lot of people here at least in the financial markets worried about the populace government seeking and fiscally irresponsible course only boards in frankfurt thank you on the fortieth anniversary of the islamic revolution in iran faces political and economic hardship just by dear sanctions and detained tensions with the iranian leadership the e.u. is committed to trade with a country that you last week launched a mechanism to bypass u.s. sanctions drawing a warning from washington and providing a lifeline for rein in firms. from health care devices to orthopedic implants iran has a solid track record of producing medical technology ali a maori i'm

a yari started up his company nine years ago today he specialized screws and bone plates are sold in iran elsewhere in asia and africa and most of all in the european union. business is booming despite reimposed u.s. sanctions against iran the main problem for the entrepreneur is the fact that he run has been disconnected from the u.s. dominated payment system. these situation all of the problem is to transfer money and that we can war through to other concerts in that medical equipment and medicine but about that transaction of the money that we need to rebuild and to find the new or old to do business. his company which started out in goal is done province in northern iran now employs more than one thousand people production is completely automated.

our computer controlled machines can carry out every possible step in production. we no longer need to have different workstations is always completely automated. the medical plates being milled out of titanium and stainless steel have international certifications and are approved for use in numerous countries. and because they're often cheaper than the international competition demand is high. allium arreola yari arranges more than half its exports to the european union and international trade fairs like here and there's a door he's hoping that the e.u.'s recent efforts to set up a legal cayman mechanism to bypass the u.s. sanctions will keep him in business with western firms in this case we send our product to europa and we buy something. from your open especially the polis

something for a spare parts for all metal and everything that's need to manufacture our. many european companies such as this manufacturer of neurological diagnostics devices in . to continue their business with iran with the support of the e.u. . and. you can always go to our website. or better yet just follow us on twitter or facebook.

like we were. the first american to. really experience hardship. to get.

discovered. subscribe. to. it's like formula one they florent showing off who can go the fastest but that's a crime because it's extremely dangerous and. illegal road races are rife in german cities today recklessly endangering drivers pedestrians and many others. that's why rahner folks and alexander schwartz of the cologne police force are cracking down on irresponsible petrolheads.

if you don't follow my orders we will use force. i am receiving this is unit five one eight six the two males. want. one go it's saturday night eight o'clock officers food fights are on patrol boy racers are out and about in downtown cologne showing off their rides . illegal road races tend to happen spontaneously less than two cars will pull up side by side at the traffic lights one driver will say oh look at your right check out mine it's low slung wide and faster and then they race each other oh that.