on the way to the u.s. a canadian authorities have greenlighted an extradition hearing from one jew the huawei executive arrested in vancouver in december bringing her a step closer to that 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 in this way it was 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 point of cyrus . hundreds of argentinian vegetable producers from the surrounding area of the capital including javier front on this. it's a vegetable protest we either so vegetables at a fair price or even give 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 air can hardly make ends meet on his three and a half hector's of land. picking up without incident. 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 them. during the last protest a few weeks ago police deployed pepper spray to disperse them not only caught that is the city of buenos aires is against our actions paid recently sent 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 argentineans 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. 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 the 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 in building data networks when the law 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 man 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 dispute china has maintained that the accusations leveled against the wall way executive are politically motivated. and scored to joins us now from wall street to break this

down for us now yan that we have to be reminded of the time where the trump administration said it would intervene in the 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 pasta a couple of weeks and the advanced trade talks we got some positive news from this and bill in the past couple of days so that 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 a test 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 now tesla 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 retail's 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 to 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 online but all of their we killed so in the future it will probably not be possible to book the to purchase

tesla view killed in tesla stores then we have to wait and see how that goes down with potential buyers and then on top of. the head off a tesla 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 lift of probably in a couple of weeks and could get evaluation of about two any five billion dollars worth 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

and as a way lies 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 zero to step down and calling you 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 arado 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 aren't armor and the destination is also irregular it is unknown. that transports apparently 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 ship type. 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. you know they got awarded this case just like when we say all that is left is grandma's rings in the national treasury and they're liquidating the last of what remains of money home and due to the most recent handing of the scold because of the process the following there is suspicion that it could even be for personal use or that of. the official trader 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 for primitive 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 team thank you so much for watching. sure

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