so it's like me right there's 50 nations 50 stories and 50 purely personal tips on berlin's very. narrow limit our live coverage on g.w. . it's the day where business meets politics the movers and shakers of german industry demand more support from i'm going to network with dish and government to go live to the day of german industry. also coming up mexico heads back as it faces the prospect of hefty u.s. imports tariffs as he has next week. but had to do business i want to jones and well and good to have you with us now that the heads of german industry a gathering for the annual meeting today and have a lot to talk about the u.s.

china trade war breaks it and the tensions between washington and brussels are all topics that weigh on business sentiment and they expect the german government to take action i told the digital transformation certainly needs to accelerate like expanding high speed internet access around the country and bringing administrative offices up to speed business also wants bilin to reduce red tape which they say how pows investment they want the government to reform the country's corporate tax system this could involve tax breaks or a reduction of the solidarity payments used to fund infrastructure projects in east germany and they want the government to lower energy prices currently germany pays more per kilowatt hour than any other country here in europe so clearly there is a lot to talk about and i'm going to do that now with my colleagues who joins us from the day of the german industry here. general good to see you there's one topic

that i haven't mentioned yet and that is that the fact that the german coalition government is currently in turmoil how much of political concerns are actually dominating this special meeting today. quite a bit monica and you know there are 2 sides to this on the one hand the german industry leaders they've been quite vocal of their criticism of the german government coalition saying that it frittered away a lot of investment on what they call piecemeal social policy instead of concentrating on more ambitious agenda is like digitalisation that you mentioned there are corporate tax reform on the other hand it isn't it isn't so that they're glad to see the back of this coalition the prospect of new elections or the challenges of building a government what a lot of answer uncertainty for german industry at a time where they're already facing a lot of it so on the domestic level they don't know what the rise of the environmentalist greens will mean for them on the european level they're of course

looking at bragg's that and the new european commission and on a global level they're looking at but multifaceted trade war that is led by washington so they really are operating in an environment of a lot of change political parameters and that's providing are plenty of fodder for a tense atmosphere here yes so in order to get a little bit of certainty amid all the uncertainty of course because we've just seen the stage still being cleaned behind you because obviously we expect big big names political leaders the movers and shakers in the business will tell us a little bit about what's happening today. indeed while all eyes are on malcolm later on she thinks back to to give birth be charged shortly before 10 o'clock german time now nobody of course knows whether this will be her last speech as the german chancellor for the german a day of industry she's expected to provide a message of the stability to the gathered industry leaders here but of course she's not going to be the only one talking we're going to be hearing from of the

german ministers of finance the german economics and off french finance minister brumaire is expected to be a visit as well so quite a packed agenda for the delegates here today and that is why we will catch up with you again later today janelle don't allow and reporting from the day of german industry thank you so much now then to make seacole how which has launched a counter offensive against the threat of u.s. tariffs top government officials say further levies would not only hurt the economies of both countries but could also cause a quarter 1000000 more central americans to migrate north only last week u.s. president to donald trump used his favorite economic tool to push his political agenda there's barely a week left to solve the latest conflict washington is getting ready to impose 5 percent punitive tariffs on all mexican imports as of the 10th of june but could rise to as much as 25 percent later this year if mexico makes no progress in

reducing the flow of migrants cars and vehicle components account for much of the u.s. imports from mexico visiting mexico's embassy in washington the country's foreign minister appealed to president donald trump to rethink his decision they proceed to shove that and say it is something terrorists along with the decision to cancel the aid programs to the northern and central american countries could have a counterproductive effect and would not reduce the migration flows. tariffs could cause financial and economic instability which could reduce mexico's capacity to address migration flows through food we could have thought if u.s. business organizations won the new tariffs could easily hit the domestic economy as people have to pay more to buy mexican products our 1st goal is to persuade the administration that this is the wrong approach that it goes against his top legislative priority and ours us in ca that the negative impact it will have on the

economy won't solve the problem at the border and to kind of get off tariffs and on to other solutions here is own a based institute for supply management says that for many u.s. companies the dispute with mexico is much harder to deal with than the one with china. and also some other business stories making the news. kenya's central bank is introducing new bank notes in an effort to combat counterfeiting and money laundering the governor of kenya central bank patrick joel said the new $1000.00 chilling note will be the 1st to be phased in beginning in october the notes also contain braille characters. forbes magazine has declared jay z. hip hop's 1st a billionaire based on his assets the rapper has investments ranging from drinks to music streaming to right hailing service all that in addition to his multi-million dollar music empire his wife beyonce has an estimated net worth of over

$350000000.00. shares in facebook and other tech companies have fallen amid records u.s. authorities may be preparing investigations into anticompetitive behavior the wall street journal says the federal trade commission will lead in any and interest investigations into facebook where the justice department probe google president trump has refused media platform offered by its. alright for more let's cross over now to our financial market correspondent conrad listen who is in frankfurt so it's not only facebook there's also google anymore. yes there are several media reports that suggest that all of the major internet companies in the united states are facing investigations for the way they are operating in their business fields and of course for the way they're using their technological edge and so we're not only talking about facebook and google we're also taking talking

about apple and amazon and the investigations are reported to be initiated by several u.s. government agencies and by congress so this really looks like a large scale attack on those businesses and that's why the share prices of all of them have slumped but is not really new to them is it i mean europe spin they have before when it comes to antitrust probes against google and the likes yes especially google or elf of that which is the parent company of google you tube and a few more businesses has already faced several huge fines and had to pay several huge fines here in the european union the european commission are antitrust watchdogs have really been the front runners when it comes to looking into the way those businesses are operating american policymakers and also government officials have been more reluctant in the past investigate them but this is now changing now

they too are investigating whether or not you know google and the likes are beneficial for the economy or maybe part of a problem all right interesting story there. in frankfurt keeping an eye on it for us thank you so much. let's talk about bricks it shall wait it's still hanging over europe like a big black clouds although no one can say if and how the storm will happen or weigh in right now the latest extension deadline is october the 31st the how do people live with this ongoing uncertainty where some just check along and hope for the best. the small market town of horrors in north yorkshire may be somewhat out of the way but it's most certainly not a sleepy hamlet that's thanks to a oppressive local councillor john blackie the post office the library the bus

company all one slated for closure now they're run by locals and flourishing and holmes is approaching breaks it with the same can do attitude. to. catch as. many. as we can. anyone wanting to borrow books or cash a check can do it right here in hordes what was once a routine occurrence is now rare in a region struggling under austerity john blocky worries that the cutbacks could get even worse after a break that britain's withdrawal from the e.u. but it's not the 1st crisis horses endured. back in the early ninety's the cheese factory was about to shut down then john lackey got together with the factories current managing director david hartley to organize a rescue the employees simply took over the plant. today 200

people working and it exports cheese around the world. but many younger families are leaving that makes keeping the local infrastructure intact and functional a hard task and now it's just been announced that the town's only bank branch will soon be closed. shops and business premises to be empty. promises are empty people look at the play . and. at the people dog but we'll carry on in and give our example to other communities because if we can they. grow not taken over or not so i can assure you our right absolutely.

will want buses john blackies greatest success and evidence of his infectious infuse he has and he joined up 60 volunteer drivers who ferry tourists around as well as locals who can't drive anymore taking them to things like afternoon tea in the next village halls residents are all agreed john black years unique and no one could possibly fill his shoes. and that's your business update on t w from. thanks for keeping us company.

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clash that brings many parallels to light. are the 2 really so pure reconcilable. rock'n'roll. june 17th t.w. . and welcome everything is all everything is politics that's the name of the largest exhibition to be staged in europe of chinese artist ai weiwei we'll be talking about that also coming up. 3 new was found this took up inspired by groundbreaking events 100 years ago.

today is the 30th anniversary of the crackdown in beijing one of the most prominent critics of the chinese government since that time is the chinese artist ai wei wei who's lived here in germany since 2015 he creates works on a monumental scale right now a museum in staging a monumental exhibition of his works. it's the biggest retrospective of ever seen in europe the new exhibition and dusseldorf shows his most important works of recent years. clued in $60000000.00 sunflower seeds out of porcelain each one handmade an individual but they all seem to dissolve into one mass an emblem for chinese society everything is art everything is politics is an exhibition that deliver.