u.s. growth is expected to fall this year that according to new notes from the federal reserve the world's most important central bank now says it isn't sure what to do a minute global slowdown will give you the details. and peru is a major source of gold for international markets now the government is deploying its military to root out illegal mining of the precious metal. also are you struggling to nail down the hairstyle of your favorite president or dictator a barber shop in hunt noid has you covered we'll give you the details. i'm stephen beardsley in berlin thanks for joining us federal reserve officials saw a host of new threats facing a still hot u.s. economy when they met in january that according to new meeting notes released today the notes show the justification behind the central bank's january decision to hold

off on an interest rate hike but the fed also left room to raise them later this year when the u.s. economy has been booming even as other economies have slowed but the fed now expects u.s. growth to be slower than in two thousand and eighteen. and for more on this let's go now to our financial correspondent new york jose luis de haro jose what's the reaction to these notes. well diminish the usual yellow was to get a clearer picture behind the u.s. central bank decisions in the latest a monetary policy meeting the fed did not increase rates and say no it will be patient when it comes said to be smarter and now we know that the considerations such as softness in inflation the government shutdown global economic slowdown or a trade negotiations with china were behind this the seizure and we also need to have in mind that if potential risks ease their fed will revaluate patients we probably need means that that we could see one hike this year at a time that investors don't see any happening at all and some even talk about

a rate cut in december also it's worth noticing that the fed will probably and there were duction off balance that this year an essential piece of information for the markets and some calculations estimated that increase so far equals at least two to interest rate hikes of twenty five basis points each. trade also being driven today by u.s. china talks as a has been recently what's the latest news today. well as for now investors i believe that to progress the trade negotiations so far will be enough to convince trying to extend it through the necessary and even see a reasonable deal between march and main hop any event that deadline gets extended by the wall would seem to be some agreement on trade trade reduction or a strengthening intellectual property rights all the demands made by washington like end of subsidies cyberattacks tolerated by the chinese government or eliminated forced technology transfer seem is still in the air also i keep question

is how both parties will ensure compliance so there is a still a lot to be done and what seems sure is not going to be solved in over a week so maybe more questions than answers with us china trade talks was a luisa haro there for us in new york thanks was a. us president donald trump has confirmed that additional tariffs for european auto imports are still in the cards earlier this week european commission president john clarke said he believed trump would honor a commitments made last year not to impose more tariffs trump told reporters at the white house that the ultimate fate of the automobile tariffs depends on whether the u.s. can reach a wider ranging trade deal with the european union to downplay the recent commerce department report calling imports of european cars and auto parts a security threat. samsung is launching its highly anticipated foldable smartphone the galaxy fold is set to hit stores in april where it will

cost are you ready for this almost two thousand dollars the device folds like a wallet when collapse it resembles a traditional smartphone with a four point six inch screen when open it looks more like a mini tablet with a seven point three inch screen samsung is also releasing three versions of the s. ten smartphone in the coming weeks the global smartphone market has however cooled recently with newer models showing fewer big updates but bigger price tags. how much should a kilo of bananas cost that might depend on who you ask the lower the better for consumers in the supermarkets that supply them but the farmers and the exporting corporations that represent them say they need livable wages now germany's development minister says the government should play a role. last fall the german supermarket chain ali said it planned to cut the price it was willing to pay for

a crate of bananas supplied from ecuador from eight to seven year olds. but farmers there resisted the move they're already been struggling financially plus ecuador has a statutory minimum sell price for exported bananas. the ecuadorians have now stopped supplying hourly. meanwhile berlin has called on german companies to ensure fair pricing and production conditions called it was the scene customers need to get the message across and get if not we'll have to introduce binding rules on social standards no child labor decent living wages for the plantation workers and basically the logical standards. called august second on standards a lot of supermarkets are showing the way forward it will be such as legal and edict. and they want to see others joining them or and but on those and see all of these and big. complying with those social standards comes at

a price however and it's that price that the farmers in ecuador are demanding the country is the world's largest exporter of bananas its main markets are the e.u. especially germany and russia. thought the same time cocoa and coffee producers are also suffering under similar pressure in twenty seventeen the global price of cocoa beans collapsed and has struggled to recover since. in order to remain competitive many producers resort to recruiting child workers. peru is one of the world's largest gold producers extracting between one hundred fifty to two hundred tonnes of the precious metal each year while international mining companies are behind most of that or there's also a considerable amount of illegal mining in the country the proven government is now moving to stop it. peru's government has deployed fifteen hundred police and

military officers to madrid videos to stamp out gold mining operations being run by criminal syndicates. on the western side of the n.d.s. it's usually a long way from official i guess illegal mining operations flourish in this rainforest region known for its biodiversity carbon rich forests and indigenous tribes the miners cause massive environmental destruction in this search for a livable gold washed down from the andes into the amazones tributaries. we're seeing here in the wilderness how the amazon has been deforested as criminal activities have proliferated that we cannot permit in a state of low. in with all the energy the minister declared a two month state of emergency and said a smaller contingent of troops would stay in the area for six months peru has tried for decades to stop the illegal mining which releases tons of mercury into the environment. the industry also drives sex trafficking and child labor.

now to some of today's other business headlines around the world the swiss bank u.b.s. has been fined a record three point seven billion euros by a french court for helping wealthy clients with their tax evasion prosecutors say the bank helped clients conceal assets in switzerland from tax authorities in france several of the bank's top executives also received fines for their involvement. the chief technologist at amazon robotics has denied robots are a threat to humans tide brady says far from putting people out of work automation is creating thousands of jobs he also says we are living in a quote golden era of robotics with new developments every single day. president trump says north korea has tremendous economic potential he was speaking ahead of next week's planned summit with kim jong un the us president said north korea's location between south korea and china was phenomenal and gave it

a great chance of future prosperity. while the world will be again once again watching whether there's any progress on denuclearization local business owners in vietnam are also hoping for prosperity one barber and one noise has already grabbed his scissors hoping to cash in with what are widely considered two of the world's most unique gentlemens hairstyles have a look. if you're not careful you might think that u.s. president donald trump and north korean leader kim jong un had already met in vietnam but it's just the latest hairstyle crees in the vietnamese capital annoying you can have your hair cut to look like your favorite leader like the donald. but i really like donald trump so i want to have his hairstyle but if the trump look is not snappy enough for you there's always that handsome devil from pyongyang

to copy and especially if there's already a resemblance. many people say that i look like kim jong un and this hairstyle just makes it more obvious. the supreme leader looks just about done and the us president is getting the finishing touches the famous ducktail and then of little bit of gel to make it all sit just right there hairstylist says he's doing his part for world peace. hanoi is a city of peace when donald trump and kim jong un decided to come here to talk about restoring peace and i think i should do something to show that people here welcome the summit. so if you're in hanoi for the tete a tete get yourself a peace loving hairstyle that's a cut above the rest. so new styling and news there and that's it for me in

the business team you can always find out more about these and other stories that dot com slash business i'm stephen there's a as always thanks for watching. the

from the book you are now going to keep cool. thank you. exposing injustice global news that matters to me from times. we make up over a week watch us a half of that and much of. the civil service to. be going to shape the continent's future. part of africa youngsters as they share their stories their dreams and their challenges. to the seventy seven percent. plus for africa. i'm not often happy. just sometimes i am but i stand up with that recent. thinks

deep into the german culture of looking at the stereotypes aquatics put in your thinking for you and the country but i doubt i would have. needed to repeat it as gramma. goes it's all about a new job join me to meet the jetman sunday. post. there's music coming out in the next fifteen minutes after last month's assault kenya is tightening its security to prevent another attack from some money based terror group al-shabaab but how exactly is a do in fact will be speaking to kenya's cabinet secretary for foreign affairs. also coming out skelton in nigeria's best players the young the football out in lagos who is hungry for success. and which restaurant house.