stephen what you got. a look at huawei in the latest twist in the saga of its relationship with the u.s. it's now suing the u.s. saying that its law prohibiting the use of huawei instruments these network gear instruments is unconstitutional so a bit of a counter offensive there stephen visit with your business update that story and more on the way don't forget you can always catch it makes news and information website speak up and talk called i'm good. just. heard from students school in the jungle. first clueless of. the doors a grand moment arrives join the arena tang on her journey to freedom you know we're going to return to main street tour on entering into returns home.

i'm not often kept at the gym well i guess sometimes i am but i stand up and wish it that germany thinks deep into the german culture of looking at the stereotypes the cracks put in your thinking sleeve countries that i don't blame. for this crime i'm there to me it's all about. nothing i might show join me in the gym and sunday helping you. post. the counter offensive has begun china's huawei is suing the us government to stop its badmouthing the company with western allies and to give the tech companies fair access to the american market for telecom equipment. also more money laundering accusations against some of europe's biggest lenders so is it time for the e.u. to regulate banks more tight. we'll talk to an advocate of just such

a plan. to do business i'm stephen beardsley in berlin good to have you with us chinese tech giant huawei is suing the u.s. for banning use of the company's equipment always challenging the united states law that labels the company a security risk and would limit its access to the american market for telecom equipment it comes as the trade negotiations between the two countries are at a critical point for years while way has sought to reassure the world of two things that it is not under the control of the chinese government and that it doesn't spike on consumers. a shift in tone from defense to accusation the u.s. government had said brandy's its right it has hacked into our servers

and just storing you merits and cold allegations of american government interference and theft of corporate secrets while ways message to the united states we can play the blame game two hours before the announcement the backdrop to what's becoming an ever escalating dispute while ways chief financial officer monk leaving her house in canada for an appearance in course she's been detained in the country since december accused of helping her company violates u.s. sanctions on iran. she claims the arrest violated her rights and is politically motivated. flyways decision to sue the american government adds to an already high cost conflict the u.s. effort to get allies to shun the firm threatens to bar the company from major markets and puts billions of dollars of investment in super high speed five g.

networks out of risk it also adds tension too and have read the complicated trade relationship between the world's top two economies. and let's talk about the trade relationship and the likelihood of a trade deal with our financial correspondent new york jose luis de haro it was a some new signs that a deal might not be coming soon despite recent reports what can you tell us are these points clear that there might be a chinese compromise to increase imports coming from the u.s. a main goal for de white house but both the chinese president xi jinping and u.s. president donald trump still face internal opposition especially when it comes to solving contentious the structural issues such as subsidies of technological transfers and also the idea that the u.s. could pose an increased power of c. unilaterally with retail without the retaliation from china if it does not obey to its compromises is not sitting well with the chinese government also afraid of last

minute changes have from the u.s. administration so there are still a lot of unresolved issues that need to be tackled in the coming weeks if there is some hope of finding common ground by the end of march also economies say that even if a deal gets done the education will prove challenging and disruptive sense that will require major adjustments here in the u.s. in china's current trading partners. there for the new york thank you. now over to europe where the european central bank has decided to delay any interest rate hikes until at least next year in a bid to revive the struggling euro zone economy the bank decided to launch a fresh round of cheap loans b.c.b. president mario draghi also announced the bank had lowered its eurozone growth forecast for the coming years it expects just one point one percent expansion this year. prosecutors in the netherlands are said to be investigating dutch bank i n

g reports connecting it to a massive money laundering scheme out of russia some of europe's biggest banks have been linked to the scheme the so-called troika laundromat is alleged to have channeled billions of euros from russia into the european banking system through a lithuanian lender the reports are based on leaked documents the scheme is named after the russian banks could be a log which is alleged to be behind the transfers. and as i mentioned there i n g is just one of a number of banks across europe tied to money laundering allegations the so-called troika laundromat is just one of several a legit schemes the list of banks accused of money laundering is a who's who of european lenders at the top is don scott bank denmark's national bank which admitted that much of the two hundred thirty billion dollars flowing into its tiniest only a branch from two thousand and seven to fifteen was likely suspicious so how does it happen even member nations are in charge of policing their own banks but there's no easy wide regulator and since even banks can freely transfer money to each other

it takes only one unscrupulous bank to inject money into the entire system and where is the money go it could be hidden in an offshore bank account or used in a criminal or a licit enterprise so what can be done to stop it for more on that i'm joined now by nick a lifer own he's a senior fellow at the peterson institute for international economics in washington d.c. . you've written recently about this very issue tell me what's currently in place for e.u. member states to stop money laundering. well just points are the principles of the global level of recommendation from the so-called financial action task force and then there is a european unity station which set some rules that are converged between two different member states but enforcement of the rules of control of the banks. cation of fines if something goes wrong this is almost entirely at the level of

individual member states and as you indicated before the system is only as strong as the weakest link in to change so we have twenty eight member states i teach one insisting the market is there is only ones that fails in their duties into the system is not secure and a party says more than ones that have had problems so enforcement the national level then what needs to be done if that's not working. so there has to be some effort to break to vicious circles that maintain some member states in this week's situation where there was dance to be unable to enforce a mail on time when you don't bring the station and the easiest way to do that is to set up one critical aspect of the enforcement process i think europe and the whole not all aspects of course the police or prosecutors so you take the community when it's unfolds i will remain that to national level but what is called is a jargon a mauser provision on time when you don't bring supervision which is making sure that banks and also institution types of programs to detect and we port suspicious

transactions this can be established at the european levels are precedents for this it would probably need to creation of a new agency but that's not yet of the world a measure of course this year the need for this is this politically feasible specially given member states national interest in their own banks. frankly compared to other things that have happened for examples in creation of a banking union where different kind of thank you provisions local credentials supervision how do you transfer to the european level of the european central bank this is party easier so i don't see any major but it's good obstacles of course as usual the national agency is in charge of this task a famous revision defend their prerogatives defend their turf that's normal but at a minute the security issue for europe i mean there's a lot of money coming in. of course part of the broader relationship with russia so i think the program should really be tackled at the level of political leaders and

i don't see any major obstacle for progress to be made there right away and see what happens they left rome with the peterson institute for international economics in washington d.c. thank you so much for joining us thanks for having me over the u.k. brags that will affect how people in britain eat one third of british fruit and vegetable comes from the continents that could change of course at the heart breaks that fresh produce could face long waits the customs and critics wonder how fresh it will be when it finally lands on british plates. greenhouses are a common sight in southern spain europe's biggest greenhouse tomatoes for the european market are growing here year round with a third of them exported to britain the transportation chain is so well organized that british consumers can always look forward to fresh tomatoes but farmers are concerned that could a properly change when person leaves the e.q. at the end of the month. that i look at that i will have to work taking into

account the possibility that the u.k. is treated like a country it would be like exporting to china or japan or australia. he said the only and it would be a very difficult situation above all because the volumes exported are very high and now there's a lot of uncertainty about what's going to happen. last year greenhouses and spain's amaria region delivered some two hundred eighty five thousand tons of produce to britain the farmers the core exclusively for the british market fear huge losses after bret's it. i'm seeing there's a thanks for joining us. the

fleet. center of the conflict zone the fronting the powerful clicks my guest this week here in brussels is the belgian m.e.p. philippe lama who sits on the european parliament cracks experion committee because the e.u. negotiated in good faith in islam famous for unity consequently suffering the

forgetting to cry doesn't look like a. complex sixty minutes he took. what's coming up on the display plenty to talk about fear. among his legal team we can't hear the folks. say extravagant venues. hosts who clearly know their stuff. which. and stephanie stump. the party and chat with musicians from around.

world. of the love. groups every week. there's no. manager to know who can do nothing. you know the banks. and so watch the language of the bank. speaking the truth google news that matters g.w. for minds. this is deja news africa coming up in the next fifteen minutes after a resulting victory for president obama dubois in nigeria is opponent will back up pushes on with his challenge to the results we'll look at how the allegations of fraud are hitting this weekend's important regional battle. and fighting terrorism we have the story of the military exercise working to boost the

capability of the african army. then we'll let you in on the grand plan serial.