no one. on the way to the u.s. a canadian authorities have greenlighted an extradition hearing for mad one jew the huawei executive arrested in vancouver in december bringing her a step closer to to a trial in the u.s. . and we take you to argentina where farmers have been protesting against failed economic policies by giving away their produce. and going for gold as well as president nicolas maduro is trying to get his hands on the country's precious metal reserves. welcome to d.w. business i'm john el-gamal in berlin thanks for joining us we take you to latin america

where argentina is in the grip of an economic crisis high inflation and the devaluation of the puzzle are weighing on consumers purchasing power poverty is rising and small farmers are particularly hard hit this week they vented their anger right outside the presidential palace and when i was iris. they traveled eighty kilometers with tractors and lots of produce to the center of buenos aires. hundreds of argentinean vegetable producers from the surrounding area of the capital including javier front on this. it's a vegetable protest there so vegetables at a fair price or even giving them away to the argentinians who need them. the farmers are angry most of them run family businesses they oppose state aid for large farms and the country's economic crisis has taken a toll on them spiralling inflation is eating up their. profits how the heir can

hardly make ends meet on his three and a half factors of land. small farmers have to cover our costs somehow our expenses for seeds for example are in us dollars but our income is in argentina's weak peso because i wasn't with him. during the last protest a few weeks ago police deployed pepper spray to disperse them. because i think if the city of buenos aires is against our actions he'd recently send police units and confiscated our vegetables then it's on to let us heads peppers and radishes today everything is being given away to poor argentinians right in front of the presidential palace a political statement the demand is great homeless people have waited the whole day for it. they wouldn't think it would it's great at least we have vegetables now because we have absolutely nothing everything has become so expensive even the

vegetables. and we got a lot of them for javier the action today has been a success they weren't forced to leave it in the way it is we want to show that we're suffering the state has to understand that it can't live off of our work. like the farmers many argentinians are currently in the throes of the economic crisis. now to some other global business stories making headlines the french and dutch finance ministers have met in paris to clear the air after a surprise change in air france's air france kalen shareholders. the dutch government increased its stake in the carrier without informing france the netherlands now has a fourteen percent stake in the company in line with the french share. online retailer amazon has done away with that stash order button that's the plastic one that allows you to order new supplies of your favorite products the online retailer

wants to focus on related digital services that includes virtual dash buttons that you can find on the amazon web site. u.s. secretary of state my phone peo is in the philippines where he repeated his warning against using chinese technology and building data networks willow wants to modernize its telecoms infrastructure but the u.s. is telling allies chinese tech company while weight is a security risk. now speaking of wall way the canadian government has said it's allowing an extradition against men one joe to proceed next week she's the chief financial officer of chinese tech conglomerate huawei was detained in canada late last year the move paves the way for having men brought to the united states where she faces charges of conspiring to buy a late u.s. sanctions on iran her case has been closely watched coming at a time when u.s. and china chinese relations remain fraught over their trade disputes china has

maintained that the accusations leveled against the wall way executive are politically motivated. and score the joins us now from wall street to break this down for us now yes that we have to be reminded of the time where the trump administration said it would intervene in the bank case if it would help a trade deal with china how does this news mean we're further away from all of that . well i mean overall washington has claimed for weeks that those two issues so you are away and the trade talks are separate matters and if we look at the pos the couple of weeks and the advanced trade talks we got some positive news from this angle in the past couple of days so there doesn't really seem to be a big connection if actually the chinese government shares this or pinion is a different a matter but at least for now and we've also seen that was the reaction on wall

street overall these seem to be two separate cases i see so not much of a reaction there on wall street at least with regard to this but stay varian's because we have more news to talk to you about now tess lot is finally going mass market the electric car maker said it would start offering a version of its model three in the u.s. at a price of thirty five thousand dollars a test flight had originally announced the model three and twenty sixteen as an alternative to its luxury offerings but the car still sold for an average of fifty thousand dollars much too expensive for many customers to cut costs the firm said it was cutting retails costs by closing stores and selling more vehicles online. now back to you yet and now these tesla updates don't seem to have impressed investors that much now have they. not at all the stock of tesla sold off quite a bit losing about eight percent in value here in the friday's session as far as i

understand tesla is not just selling some we've killed some online but all of their week old so in the future it will probably not be possible to book the to purchase tesla view killed in. stores then we have to wait and see how that goes down with potential buyers and then on top of it you don't muster the head off a tester also mentioned that at least for this quarter it is unlikely that tesla will be profitable and that probably was another reason for the sell off in the stock of tesla and talking about cars and that industry lift actually filed the prospectus for. initial public offerings so we will see the i.p.o. of lifted probably in a couple of weeks and could get evaluation of about two any five billion dollars worst pretty much as much as the car manufacturer chrysler even if

a lift also mentioned here on friday that they won't be profitable anytime soon if at all at some point in the future. car to there on wall street thank you very much venezuela's economic crisis is now a humanitarian disaster food and other basic goods are in short supply and millions are fleeing the country now a prominent opposition leader alleges that president nicolas maduro people are shifting venezuela's gold reserves out of the central bank vaults the united states is backing an attempt by opposition leader want to force majeure o. to step down and call new elections it well it has warned international bankers and traders not to deal in venezuelan gold. at least eight tons of gold are missing from the central bank's vaults in qatar has allegedly removed on president nicolas maduro his orders that's what opposition leader and head of audio says.

it was taken without the internal bank procedures without the presence of fiscal organizations without the presence of internal security organizations of the bank and without the corresponding controls and even by vehicle said a word from the central bank but private or identified vehicles that are in armor and the destination is also irregular it is unknown. transports parent li happened at a time when central bank head calista ortega was abroad on a trip and no security guards were present much of the venezuelan gold comes from primitive gold mining camps in the south of the country it's not the first time large amounts have left venezuela under suspicious circumstances last year twenty three tons of mind gold were transported to istanbul by plane according to turkish government data. nicolas maduro is said to have

a close relationship to that shipped to one it is unclear whether the gold was used to buy supplies in an effort to lessen the impact of u.s. sanctions against the country or whether there's other motives. because. this case is like when we see all that is left is grandma's rings in the national treasury and they're liquidating the last of what remains of money and due to the most recent handling of this gold because of the process the following there is suspicion that it could even be for personal use. the official trade of when israel and gold has become difficult internationally due to current sanctions. iceland is drinking lots of beer today why they're celebrating the lifting of their beer ban thirty years ago although other alcoholic beverages were permitted beer was outlawed in iceland for seventy four years the dry period finally ended on march first at nine hundred eighty nine fueled up by

a thirst for change when icelanders increasingly started vacationing abroad where they developed the taste for beer thirtieth anniversary celebrations have been sending business flowing to bars and liquor stores. and it's cheers from me and the d w business theme thank you so much for watching.

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