it was worth it for me to come to germany. most of our lives is to work as a swimming instructor to assure not our two children going to it's just we're just used to. watch your story take part share it on info like grinstein. the cost of crisis creates a billion dollar bill for boeing that's how much the plane maker is spending to fix the troubled seven three seven that the model that's been grounded of following two deadly crashes. also on the show a warning for washington iran says it will continue to defy u.s. oil sanctions and i'll tell you the white house should prepare for consequences if it tries to get into iran sway. and after claiming hundreds of lights the easter

sunday terror attacks in sri lanka could exact a toll on the country's valuable tourism industry as well. and in berlin welcome to the show u.s. aircraft maker boeing saw quarterly profits fall steeply as the what the seven three seven max crisis the plane was grounded around the world after the models were involved in two fatal crashes within a six month span and fixing the fallout is coming at a billion dollar price from thinking boeing to abandon its financial forecast for twenty nineteen. the boeing seven three seven mox was supposed to bring the company into the future but now the model which had initially sold strongly has become its biggest liability in the first quarter alone the seven three seven max generated extra costs of a billion dollars a month just the beginning because the seven three seven across to currently grounded worldwide boeing. face massive compensation payments to its customers the

airlines that are also at barrow should be lawsuits mainly from the relatives of the victims of the two crashes an ethiopian airlines plane in march and the same seven three seven max model from indonesian lion air in october last year that would not survive as boeing employees have made serious accusations against management from day war and it's just all been about scheduling our news get it done push planes out we're behind schedule you know we don't have time to worry about issues that go. starts that they warned about sloppy work part to says that had seen production fragments and tool sealed inside the aircraft bodywork potentially disastrous u.s. aviation authority the f.a.a. is carrying out a thorough review with boeing and the u.s. department of justice has launched a criminal investigation into the company's conduct surrounding the two crashes boeing denies the accusations. joining us now is our financial correspondent was

that always fail our oh hello it's always good to see you can you put into context for us just how big a problem this is for boeing i mean it might have the resources to other financial hits but there are also the costs with image amid ongoing probes and tightened oversight. correct very gentle deny or aids away from over for boring both from a financial perspective on a repudiation a want to live in thirty seven model has already raised twenty seven billion dollars in market cap of the company while i'll point out cause there will be much higher than the one billion dollars reported on wednesday more important is the reduction in the production of the mortal on essential part of the bone of boring said commercial business week this same time is hurting both suppliers and airlines this situation will probably generate a piling up of lawsuits while we still have to see if customers will be even comfortable flying into more or even in this over controls ends up working on

top of that let's not forget that recently this seven eighty seven dreamliner security is also being questioned all very far from ideal but stay there was a luis there's more i'd like to discuss with you in a second and that's because facebook has posted in more than fifty percent drop in quarterly profits as it put aside some three billion dollars to pay a booming fine from the federal trade commission earnings for the first three months of the year came in at two point four billion dollars the social media giant is being investigated following revelations that it shared personal data with british consulting firm cambridge analytical without users' knowledge or consent despite the plunge and profits the figures exceeded analysts expectations but strong advertising sales and growth in the company's instagram business offsetting some of the losses. and we're back with us and we still are on wall street so facebook's not exactly in fighting form there what's the reaction

been to its earnings announcement. investors that seem to be curing facebook's numbers a genoa with shares jumping five percent after hours even the desoto net worth net income fell fifty one percent in the first quarter of the greens mainly due to a three billion legal expense related to the ongoing us federal trade commission investigation into facebook's platform and user data practices which actually could increase up to five billion dollars a. door we have heard the companies say co-founder and c.e.o. mark a stock of a say in the god face book is now focused now on building out a privacy focused vision for the future of social networking and also working to address critical issues around the internet so these are partly convince investors so far thank you was heloise to harlow there on wall street for us

iran's foreign minister says his country will continue to find buyers for its oil despite a u.s. decision to punish countries that purchase it he also said washington should be prepared for quote consequences should it try to stop iran from selling tensions between the two nations have been rising since u.s. president donald trump pulled out of a landmark nuclear deal with to ron last year. the rhetoric on both sides is heating up the u.s. decision to impose sanctions on all countries that bahrain eone oil has one primary motive to cripple the nation's economy. iran's foreign minister says the strategy won't work he's refused to rule out closing off the strait of hormuz and keep passageway used to transport oil. we will continue to find boilers or. we will continue to use the strait of hormuz as a safe transit passage for the civil war that is our intention and

we believe will happen but if the united states takes the crazy mission of trying to prevent us from doing then it should be prepared for the consequence. consequences that could include a major disruption to supply chains and a further surge in prices in the already volatile marcus'. many countries stand to lose in that scenario but for iran the impact of a further escalation could be devastating the country's economy has a ready been battered by the sanctions re-imposed last november after the us pulled a mark nuclear deal for many ordinary people it's been a painful experience. for obvious time the night before the sanctions was hard for maybe half of the people but after the sanctions approximately eighty percent of the population is having a hard time

a bad schools nearly half of iran's revenue is brought in by oil by targeting the industry the u.s. has revealed a clear goal bring the country to its knees in order to lure it back to the negotiation table. now to some of the other global business stories making headlines around the world u.k. media reports say prime minister to resign may has agreed to allow china as well way to help build parts of britain's five g. network u.k.'s national security council which made chairs will reportedly source non-sensitive parts of the new infrastructure from the tech conglomerate but london insists no final decision has been made. some of the world's largest companies have said taiwan's plans to grant marriage rights to plus couples there will be the country's economy a parliamentary vote is set for next month google air b.n. b. deutsche bank mastercard and microsoft have joined forces with nine other companies

including taiwan based to support marriage equality in japan softbank is investing nine hundred million euros in german financial technology company wire card in a deal that could give it more than a five percent stake wire card specializes in electronic payment services and was a rising star of germany's fin tech sector but was shaken for a while by a series of allegations of irregularities in its asian operation. it has health plantations and the chance to see wild elephants attract tens of thousands of tourists to sri lanka every year but the devastating terrorist attacks on easter sunday have shaken the country where tourism accounts for five percent of g.d.p. the hotel and hospitality sector now fear is the effect on visitor numbers. the beaches are empty a result of the terror attacks most tourists have gone home others are too scared

to come out of people not often winding up in me nothing made sense things seem to calm but some might have been awful and yeah just pennsylvania but i can be big because the peace and the sentiment of peace this. holiday business is important for sri lanka before easter sunday the country's financial situation was already rough last month the i.m.f. extended a one point five billion dollar loan into twenty twenty analysts have commented a collapse of the tourism sector who caused the rupee to weaken in turn leading to higher interest rates impacting businesses across the economic spectrum economic impact. vest picked off such i mean it's it's inevitable in the short oh so we'll have to face the consequences but we're keen as a country and this statement that tourism to try and you know rebuild the industry

would be confidence in the mind so that travel this petition of travel does. and the keep you know moving won't not all hope is lost some tourists remain defiant in the face of terror. once you have fun and we can change our lives because of the terror because that's not supposed to change our lives and we don't want to change our lives other countries are also recovering from the terror attacks of recent years the number of tourists the. visited turkey grew by over twenty percent in twenty eighteen many sri lankans hope their country will see a similar rebound. the for.

what's the connection between bread flour and the european union dinos. correspondent alan baker can stretch this line with the rules set by. snuffing recipes for success strategy that make a difference so. baking bread on the d.w.

. people here life they love their country but not the current conditions iran a journey through land full of contradictions joy and sadness confidence and doubt. our documentary depicts the contrasts of everyday life and help people cope with that fear monger sweet starts may second w's. and you're in a supply chain reaction of crisis. began around six hundred years ago when the. the revolution in force enabled. people became aware of their abilities and strengths in a new way there was an outpouring of self-confidence.

darkest. d.w. . and welcome to news from the world of arts and culture robert merrill and joining me shortly will be the world renowned cellist. also coming up france's bread of choice the baguette with only four ingredients why is it such up to may. i think you've got too much clothing made the artist with over two thousand pairs of jeans and he really doesn't need them.

now when he was just a little boy. a box sweet for cello moved to tears so his mom very wisely sent him to a cello teacher now he's one of the world's top soloists and has before with all the major orchestras to great acclaim and he's even co-founded an entire symphony orchestra in bolivia. beethoven cochabamba bolivia. within just a few years of its birth you were cast off yet i'm only going to believe you has become one of the country's top orchestras co-founded by german cellist leona. and live in violinist me guess. it was on a south american tour in two thousand and twelve that engine block met salazar and other young bolivian musicians and was struck by their passionate playing but also by their limited funds.