close faster everyone but. the lack of water is a dangerous. day junket sleep will move south so they can plant crops and find food. floods and droughts will climate change become the main driver of mass migration you could write any apocalyptic scenarios you want and probably more time to come to. the climate exodus starts if you're thirty years on t w. it'll be an epic deal but it'll take another four weeks that's what u.s. presidents don't have to trunk told the world following a meeting with a chinese vice premier in washington we'll talk to a u.s. political advisor to find out what exactly is going on. also coming up some rolls out its first five g.

capable smartphone in south korea but the euphoria is didn't survive plunging profits in the first quarter. hello and welcome to the business i want to get jones in berlin good to have you with us he was present on a tom says a quote epic trade deal with china could be just weeks away but he stopped short of mentioning a summit today when any such agreement which besides the announcement was scanty on details but it's thought that the question of when the united states will lift tariffs on china remains a major sticking point. months of wrangling hundreds of billions of dollars worth of tariffs and a u.s. pledge to radically change china does business now u.s. president donald trump is indicating that the trade conflict between the world's top two economies is nearing an end we've agreed to far more than we have left to agree to. fact i would say i think i can say that some of the toughest they said

that richard we have some things that are actually easier ways now that we're we're doing but it's a very very using a word that i don't like using too often but it's a very very comprehensive deal on the chinese side some flattery i little caution and even less detail. because if you record. great progress. this steel from beneath. you because of course because of the trade conflict began early last year when the u.s. very to crack down on what it called unfair chinese trade practices these include station to invention in markets and the handling of foreign intellectual property china is already committed to buying more u.s. goods and to opening its markets but questions remain over how such changes would be enforced there are still some major major issues like. we should be taking over

all this is the fault of the start i think it is a. characteristic confidence from u.s. president donald trump and the more cautious optimism from those who've been doing most of the negotiation the world's biggest economies may be close to a deal but getting there may take longer than expected. but for more i'm joined by angela i dare an american lawyer political adviser and the founder of d.c. berlin consulting that is the platform i understand that allows him to translate washington to germany or the world let's. by explaining what happened last night in washington well. we didn't learn a whole lot new i suppose the biggest piece of news is that they're still negotiating at all i think if you rewind about six months the chances of coming to a deal i think we're viewed as less likely and now it looks like the momentum really is moving toward a deal and so i think the deal have to entail in order to actually happen. for

a few weeks now we've really. known the contours of the deal so if you differ buckets with the removal of tariffs as you mentioned the purchasing commitments you know china's going to make over a trillion dollars worth of purchasing commitments from the united states in agricultural goods in energy in industrial goods lots of changes to the intellectual property system really at the end of the day it's going to be a great deal of changes. within china. china is really giving the most and the u.s. is really not giving that much so the end of the day it's going to be a big give from china in order to create this deal as you mentioned which will be a big deal but we of course we know that china already announced and said it would make concessions for example purchasing more active culture products as well. so

what is the crucial sticking point what is the make or break moment yeah i think the make or break moment is when this if you if you look at robert light has a for example the u.s. trade representative who is really in charge of this process and there's a whole cadre of u.s. officials who are managing this process but like has really the one to watch. and the make or break is really about enforcement how do you get the two largest economies in the world who have two very different systems one of course the american capitalistic system and the other being the chinese state run model how do you get them to come together and have a. that can be enforced and if you listen to white house or he really talks a lot about enforcement you know i think they really have largely agreement on the contras of the deal the question is you know can they actually bring in its into force can actually implement the deal will china live up to its commitments you know a year from now what does that look like two years from now if there's a new presidential administration how does it look can it be enforced is it durable over time so that's really what they're trying to figure out is can they find

a mechanism to do that all right and they try to figure that out hopefully within the next four weeks then will be the wiser adair from d.c. blurted consulting thank you so much for your time thank you. meanwhile president on a trump has recommended a former presidential candidate to the board of america's central bank the federal reserve herman cain ran for the republican nomination in two thousand and twelve pulled out over allegations of sex sexual harassment which. he did night he's also a former executive of the pizza company godfather's present trump has described him as a terrific person who would do him very well he's the favorite to refer to if a person is a friend of mine. for more on that i'm joined by janelle to my loan was standing by adam from foot four what do we know about herman cain how terrific would he be on

the fed's board. well i'll put it this way there seems to be a lack of nonpartisan voices saying that he would indeed be terrific and those sexual harassment allegations only form part of it in fact his past policy record would leave many shaking their heads he's once advocated a return to the gold standard for example and as in his past career at the council he was known as a hawk advocating against inflation and higher interest rates but surprise his views seem to have evolved to match those of donald trump you know that he's repeatedly attacked the fed for raising interest rates and this would be the biggest issue his appointment would be viewed as a further attempt by trump to influence fed voting and therefore monetary policy. ok so now it's the last trading day or week there's been lots of u.s. china there's been lots of breaks it has to be rounding out for investors. in the do there have been some market swings here trending more towards optimism than

otherwise so in the beginning of the week you had for example strong data out of china as well as the stay in hope of a u.s. china trade deal providing a boost to the markets and you had more negative news like the stalled brags that process or factory orders in germany plunging way more than expected just kind of being shrugged off so on this last day of trading that positivity is a forecasted to continue amid sustained hopes of a u.s. china trade deal but it's early in the trading deal in the trading day and of course anything could happen before the close indeed and that's where we'll catch up with you again in two hours from now we knew from fred thank you so much. and out to some of the other stories making news around the welts u.s. airplane make a boeing has revealed its grounded seven three seven max jets are suffering from an additional software problem regulators say it must be fixed before they can be

cleared to fly again it's thought the problem relates to software affecting the flaps and other flight control hardware. now the owners of the photo and video sharing app snap chat have launched a new gaming platform it will allow people to play in between sending and receiving messages snap games was unveiled at an event in los angeles each will be followed apple's announcement of its own new gaming platform both launches come as many tech pioneers attempts to find revenue streams in the face of sagging demand this case snap hopes to make money through more active use the company has struggled to turn a profit since its creation in two thousand and seven. sons and reported its worst drop in profits in more than four years due to faulty memory chip prices and slowing smartphone sales the south korean electronics giant's profits tumbled more than sixty percent in the first quarter to five point five

billion dollars one positive for some of them was the bigger than expected demand for its new flagship device the galaxy s ten smartphone however the sales increase was not enough to compensate for the steep semiconductor decline. while in a more positive note. today rolls out its first five g. capable smartphone just in time for the country's launch of the world's first five g. network. service korea's telecom providers are the first to unveil the newest internet technology for s.k. telecom c.e.o. park john ho it was clear like landing on the moon five g. will be a giant step for mankind. the new mobile internet will be one hundred times faster than the previous four g. systems s.k. telecom's network of has eighty five cities and towns using thirty four thousand base stations it hopes to sign up one million subscribers this year a consortium of the s k l g u plus in korea telecom launched a five g.

service similar tenuously at eleven pm on april third two days ahead of share deal . when we prepared for five g. we really wanted to make a difference for example with our service a real three sixty with a necklace three hundred sixty camera you can see the world like you've not seen it before. for now however those services are nothing more than futuristic gimmicks the technology has only reached a fraction of its potential. it has potential to transform a range of trees from autos to factory production. to agriculture to health care. transfer made to potentially become apparent to everyone in next five years. the biggest impacts will most likely be industrial autonomous driving for example requires massive amounts of data and five g.

technology could help bring it into the mainstream south korea's early launch of five it's also a symbolic step for the country to maintain its lead as a high tech nation for the newest generation of mobile internet to reach its full capacity experts expected to take several more years whether five g. is indeed a technological revolution or more often evolution is still to be seen. that is your business update here on d w this morning for more business news and background stories check out our website at e.w. dot com slash business or follow us on twitter on facebook right after this now a quick look at global market thanks for me and the team here in the eleven years of.

kino the sex phone operator the work her masters thesis on the potato. not to turn on the fro it's more words it was from there.

to the news. channel. the final story. with exclusive. the must see concerning culture to europe. to curious minds. do it yourself. networkers. subscribers don't miss it. hello welcome to our culture and today a new exhibition of works from yoko ono has just opened in like sink my colleague scott roxboro was that and he'll be here in a minute to talk about it but also coming up play it aloud at the metropolitan museum in new york rock'n'roll seismic impacts on our culture through iconic rock

instruments. but let's get straight underway with the yoko ono exhibition and scott is just back from the opening and in a way actually there's a connection there she's also an iconic figure in rock'n'roll really yeah you know really yeah of course i mean but it's interesting because before this exhibit i think i was thinking about yoko ono and what i what i think about her and i guess i mean i think we all sort of an image of her but it's really directly connected to you know her ladyship with with john lennon and i always really if i'm honest i thought of her more or less as just the wife of john by the you know and you know the people the person the people say oprah of the beatles on the or whatever but and the one who then went on to make some really strange music with john lennon and the plastic ono band if you remember that so that was my idea going into this exhibit but the.