climate impacts return greater risk you know. it's really frightening. why aren't people more concerned. me through the 1st w. i. change of all part of the strategy washington grants you away a 90 day reprieve that allows the chinese take for them to continue links with u.s. companies. also on the show with the european elections coming up this week we look to one of the blocs most fragile economies greece a nudge from the crisis but is the current real estate boom a blessing or a curse words. and education curriculum tells a lot about one country's interim went on another ugandan school it's now offered

chinese language courses. to do that to your business and want to get johns in berlin good to have you with us the united states has temporarily eased the restrictions on shore way it's introduced last week it claims it's said to minimize the disruption to the chinese taipei giants customers your way will be able to continue to use u.s. made components to maintain its networks and provide updates to its existing smartphones but it's still barred from buying american pods or any new products she always found wrenching faces the 90 day reprieve makes little difference as the company has been preparing its own components. but let's talk a little bit about that with our financial markets correspondent joins us in frankfurt last 1st of all i mean what's prompted this let's just call it a change of heart. well monica may be president trump has just heard from his own

tech companies in silicon valley who are sitting to lose a lot of money if he bands who are away from being a customer of google passed away of course as a major customer with his android system but also the chip makers like silencer intel they are selling a lot of chips to way as well all in all about 70 percent of what goes into who always cell phone actually comes from the united states and of course there's a whole lot of companies that stand to lose some money here and you saw that clearly in the stock market yesterday to one shares for the entire tech sector we're actually down maybe not only on what we specifically but on the question if this starts with way where else is this going ok so what does this mean for she away then i mean they seem determined saying that we can go it alone. well it gives them at least a little bit of time it gives them 90 days now to continue stockpiling they have

done that anyway but it also gives them a little bit of of time to just come up with their own new options like building their own software so but of course it's going to take a lot of time it also puts a lot of pressure of course on the chinese government to come back to the table and maybe make a deal with president trump with a trade war the way trump wants it to then frank thank you so much. after years of a stereotype and international aid to greece has managed to pull back from the brink of collapse and on our own prime minister alex is the president's to improve life for greek citizens again for example by lowering taxes sales tax for food and energy will be nearly hoft * from 24 to 30 percent and that's not the only change millions of greeks could benefit from pension as a set to see a modest increase in their pensions to make up for the cuts they had to endure following the 2008 financial crisis but experts are alarmed greece still has the

largest debt to g.d.p. ratio in europe a whopping 180 percent now that means without discipline on the goodwill of creditors greece it very easily default on its debts you finance ministers and the fear that athens plans to increase public spending while cutting taxes could jeopardize the country's economic recovery so how solid is greece and have we really left the eurozone debt crisis behind that is something i would like now to discuss with bill from the university of southern gallon good to have you with us in the studio. let me just put this whole story in perspective obviously we have the european parliament elections coming up this week an announcement like cutting taxes and raising pensions is this just part of an election campaign yes it is normal political behavior doing something good for the pension ists and you know decreasing the v.a. t. given an impetus to to private spending so that's just normal political behavior in

these circumstances and don't forget mr t. pers will have his own general national elections in september october but does it actually make sense no it doesn't make sense at all i mean the austerity program was well received by the international markets greece has done good and it has kept its spending produced primary budget surplus. the most important problem is that greece has not succeeded in getting some growth patterns on the other side of the balance sheet so that's the major issue and if you you know if you increase the dispended of this new you get another problem which goes beyond the 180 percent so cutting taxes and raising pensions is not the way forward to fund the standard correctly how do you increase revenue then that's the 64000 dollar question nobody knows because greece is a country which doesn't have a really competitive goods and services other than tourism other than you know ali's and seek it so force that's the major issue for the country so it will

probably remain for a long long time on a level of 17180 percent g.d.p. to debt ratio and that's why they need to be very disciplined on the on the income side and on the spending side because when you look at the eurozone and europe as a whole greece in terms of its economy is a small player there are others out there who are also worrying which one worries you the most italy italy is a very dangerous country for the european union just to give you one figure of comparison and when we started the rescue program was greece 10 years ago it was 130 percent to g.d.p. to death ratio which was $300000000000.00 italy now has 135 percent g.d.p. to get ratio but it mounts up to 2 trillion is public debt so it's a much more dangerous country but the good thing is we have the systems in place yes it's. so the process is out there that we can cope with is another problem but we couldn't solve it to lead the way how we solve greece greece

will not become another european problem anymore we learned was a small country for the logical of course when you mention italy that is also a prime example for how like economic disparity it can boost populism that is something that the new parliament and later in the year when you commission president will have to deal with what needs to happen in the e.u. in order to close that gap. well it's really of course with missile vini and the right wing populists will not. work was to e.u. they there will always argue that they can blame the e.u. for the domestic problems in italy. there is no simple answer how to overcome it you've got to be straight and clear with how you you conduct policies how you do the comparison and the competition between these countries and we need to have a clear message that we want to continue and prosper europe ok so it made it

difficult to say if it's a tall order let's hope they listen to it markets build it from some gallon university thank you so much. well greece is undergoing something of an investor and tourism boom property prices have risen by 2 percent since last year when the i.m.f. bailout program came to an end construction permits have also risen by more than 10 percent but why all this growth is good for the economy in athens local communities feeling the pinch. from an economy in tatters rises a city in the not long ago athens lay at the heart of the country's debt crisis now tourism is fueling a real estate revival but the knock on effects aren't always desirable to the locals but they were changing because a lot of people because the owners virtually throw them out in order to explore the apartments of a b. and b. tourists who come here for just 3 or $4.00 they don't consist of society or you

know something to to mingle with with locals to shop owner has lived and worked in the city his whole life he says the stories of a vision have become commonplace a fate he himself has so far escaped although his rent was nearly doubled at the start of the year so it's very difficult because i have also a family who have 2 kids so we need an apartment. for people to stay there and it's far more difficult for other people who are not all in the neighborhood and the whole of the sun reporters has a lot of people to you. greece had a record breaking 33000000 visitors last year a desire by homeowners to capitalize on the influx has led to an uptick in short term rentals. in athens alone air b.n. b. listings have nearly doubled in the last 2 years making it increasingly difficult for people in neighborhoods such as this one to find affordable accommodation but

it's not only tourism that's driving the housing shortage gold in the visa program residence permit with the purchase of a home and joy in 20 for teen agree started offering golden raises a 250000 euro investment buys you a property as well as a 5 year renewable visa an attractive prospect for many part our clients would say that the most popular candidate is out of. bed. and abacha and that was the biggest volume for. investors are from today but they're not obliged to stay instead most rent on their properties from abroad adding to the higher prices and housing shortage the owner of this building didn't want to speak on camera but said he'd recently sold to a chinese investor all his tenants were kicked out there along that matter and been affected sort all this out of bed because their own lives but

a fair to keep their properties and put them in there. instead of. leaving them. that meant that while that may be good for investors in the economy it's local communities that are paying the price. ugandan kids can now learn mandarin why because china is africa's biggest trading partner. forget french or german for these kids chinese is the foreign language to learn the funds for the teaching materials and training are provided by the chinese government while the language may be hard to master many of the kids believe their efforts will pay off. narrative now we've got it. because in here jay can get into this you get gives. underpinning the interest in chinese is beijing's ever growing economic influence some 20 percent of ugandan imports now come from china and

chinese immigrants selling their wares on the streets are not an uncommon sight as chinese becomes ever more important other languages and cultures are taking more of a background role you will see people who are growing up want to know one judgment the 3040 s. and who in this country for example for some ugandans learning chinese is likely to open up doors in the future but critics say the pivot towards the language reflects a wider trend of african countries developing ever more dependent relationships with beijing. this is business on thanks so much.

luck. the 1st day of school and the. first. doors grand moment arrives join your ranting on her journey. in our interest to turn to. an unremitting returns home. first. constitution the

17. doesn't all fall into the german. economy. are seen as the signal to unsettle this quality. of. the film. hello and welcome to news from the world of arts and culture and in a minute i'll be talking movies with our man scott rocks at the cannes film festival also coming up in strasbourg seat of the european parliament assists and sets out to explore europe's social tensions on stage. and how would you survive if you were trapped in a forest behind an invisible wall favored leavitt's with another great book writing

my report makes us wonder just how little american film director terrence malick former winner of the palme d'or is back at the cannes film festival with his latest movie hidden life it's based on the true story of an austrian conscientious objector in the 2nd world war who refuses to take the oath of allegiance to hitler as an army conscript and suffers the consequences here is really all in the movie returning home to his family from military training.