a very very good chance of reaching a deal that's u.s. president donald trump speaking about the latest round of talks between the united states and china the progress hammering out a deal before the march first deadline becomes increasingly unlikely also coming up a trade war on two fronts. ministers meet in bucharest and pledged to hit back if washington boosts tariffs on european cars and it used to be a boom town for property. now mumbai house prices are falling at an alarming rate. i'm chris colburn berlin welcome to the program. u.s. president says he's happy with the progress in this week's round of trade negotiations with china and that he would extend talks through the weekend that as u.s. media reports that china has agreed to buy up to one point two trillion dollars

worth of goods from the united states trump says he expects to meet china's leaders next month and that the two presidents would rush out the biggest parts of the deal in person thereby extending negotiations beyond the initial deadline of march first for more on this last cross over to new york and our correspondent jose luis they are standing by at least the negotiations are apparently moving forward how relieved are people on wall street to see that sort of progress. they are really very agrees about it says still i mean early to uncork the champagne and i'm just quoting here to secretary of commerce will rolls on friday it might be early for some of the trade hawks inside the administration but said it done a deal is more likely to happen than not since her progress has been made he justified by pointing that the current will be extended to days as you notice also

that there seems to be a compromise to reduce the trade gap between us and china which promise to buy more energy industrial products like cultural ones or semiconductors from the us also the reason i deal in currency and currency manipulation but as they leave you as a negotiator robert. are few very big cardinals remain maybe those will be by trump and china's president xi jinping not coming meeting probably in march where a we have such as the force technology transfer and other structural reforms demanded by the u.s. now speaking of about these stumbling blocks one of them certainly is the issue of intellectual property rights the us wants to address this issue and then there's the case of your chinese tech giant who are way the u.s. says it's spying for the chinese government the chinese say well that's all bogus and now this issue could be part of the trade negotiations. yeah that's already done when it comes to our way and. how their situation will

play out in these still consider i mean story did justice department has a charge to our way and his chief financial officer of violating u.s. sanctions in iran is also seeking extradition from the from canada also the u.s. has us to bond and not use who always equipment but the longer waiting to check out the border that will bang away and cd equipment here in the u.s. is that still to be seen because there was sterile reporting from wall street jose luis thank you so much. a european union official says quote there is full support from member states to hit back if yes president trump imposes tariffs on cars and car parts coming from the european union now the e.u. could then target coal cars and chemicals coming from the united states' huge trade and finance ministers have been meeting in romania to discuss relations with the united states. it's time to step it up again that's thought with

a view of germany which fears a delay to talks could drive president trying to impose further tariffs on european cars let's see how far we can go my intention is not to rush something through my intention is to have a large consensus uniting all member states together with my french critique and to many others in this course of delegates in bucharest met wanting to be able to speak with one voice on the subject but then he's keen as to proceed is not matched by friends it exports comparable a few cars to the us and with european elections just months away he doesn't see working with trump as a vote winner. of the order it's important as has been said that the european union does not negotiate under threat is a good faith act as i've said the meeting was unlikely to make any final decisions for the coming trade down to president trump to be better to choose when to ring the bell for round one. it was so poles to be built in record time to help save

mexico's state oil company but construction of a new refinery in southern tabasco state has hit another major snack and now faces months or even years of delays after an intervention by environmental regulators the situation raises further questions about whether the project in president lopez obrador as whole region should be happening at all. the promise made to a home crowd. look back on crude oil is not going to go abroad and we processed here you know be converted into fuel well. this land used to contain mangroves it was home to endangered birds protected amphibians and a threatened species of snake now regulates say the company that cleared it didn't have the right permits to do so can't continue until an environmental impact assessment is carried out. but we haven't the sr says clearly these studies. not

done in a day when they take months sometimes years to do this is about ensuring that projects are done well what we see here is an example of trying to move quickly by overstepping procedures and we can see the consequences. this. is clear the new refinery won't be the quick fix the president had hoped and workers of the site into a basket left hanging. now if there is one automotive rivalry that has sustained the agents it's the one between b.m.w. and dime for decades the german car makers have been competing for affluent motorists now both companies announced a wide ranging corporation why well profound changes thanks to digital technology are driving them together and there are quite a few people that say german car makers have missed the boat on several of these trends. sharing rather than owning it's

a concept many people are adopting in cities all over the world and it's heating carmakers bottom lines. of declining profits three times last year the auto industry's heavy weights need to adjust they said growing segment which some people see a twenty percent of total mobility or whatever in some years to come which we cannot just ignore. for decades dimer and b.m.w. has been bitter rivals now they're joining forces at least in some areas and they're doing more than just combining their ride sharing platforms. we can offer cities complete mobility solutions for the future charging infrastructure we can offer them digital parking to make it more efficient we can offer them other things in terms of mobility concepts so that's where we are different both companies have been around for more than a century they say that's allowed them to form

a strong bond with customers something they hope will set them apart from competitors in silicon valley. while our customers trust in the safety or cost provide for their lives they trust their. well in the safety of the data in our hands and that i think is an inherent advantage which we can offer b.m.w. and they're investing one billion euros in the new joint venture they didn't say when they expect the new entity to be profitable but they did say they expected to have a serious market impact. it's to india now where the financial and economic capital more by has been a boom town for here if you invested in real say they're used to do pretty well but that seems to be a thing of the past thousands of apartments are sitting on sold in the financial powerhouse and buyers are bidding biding their time in the hope of future price

drops. the property consultant tejwani has been in the business for a long time he was always said that you couldn't go wrong with real estate in mumbai but now apartments are getting harder to sell for a good price at least. be it invest in my century real estate and also as i did a this and hold people maybe a feeling i myself have invested in of your property which i expected would give me hands on legally and i would be able to walk away from the market but they wouldn't sell it at the flavor they tended to be in a couple of cases maybe it's a good or that what i had bought and what had invested there are many reasons prices have taken a hit over the past year for example channeling cash into the construction sector has become more difficult because of changes in the law planning errors are also a factor too many luxury in too few affordable apartments were built and then there was the partial insolvency of the major financier ireland fs the chain reaction

among india's shadow banking sector was only prevented by government intervention. sharkey's deep the consequences of felt by all those who were planning new projects in the past the real estate developer protests and garvey was able to sell his products in the shell phase he then used the money to finance the completion now it's more difficult to get capital business is getting harder. if you look at because of constructing an apartment complex it's a very very very near to be sealed grange ward. fellow so there is not much of margins left into a business ironically new buildings are actually urgently needed in mumbai because prices continue to fall by as prefer to wait and see it's a vicious cycle and even the best bargain offer won't help. and that's our

show for more or. thanks for watching and have a marvelous week. he

presented americans in some point in our lives will experience hardship. climate change. biodiversity species conservation exploitation quality. rights displacement. three thousand. thanks good song.

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