those are the same 14 social inequality that can the freedom of the press and. we can afford to stay silent when it comes to the fans of the human scene or microphones who have decided to put their trust in us. my name is john harris and i weren't at the top of the. chinese leader xi jinping begins a historic visit to north korea so can beijing reassert economic influence over its excitable neighbor days before a crucial trade meeting with u.s. president donald trump. also on the show 4 years have passed since a devastating terror attack on a tunisian beach resort killed dozens of foreign visitors now tourists are

returning to the country. and looking for the perfect wind to pair with fish how about a bottle that itself was pulled from the sea. this is your business report i'm stephen bears in berlin thanks for joining us she jingping has become the 1st chinese leader to visit neighboring north korea in 14 years and that's a sign of improving relations between its future additional allies despite a drop in trade between them both president xi and kim jong un will want to make sure that their economic ties remain strong especially as she prepares for a crucial meeting with u.s. president donald trump and north korea seeks a nuclear agreement with the u.s. . the chinese president's arrival on north korean soil was a momentous one clearly not everything that crosses the border between the 2 allies is weighted with such excitement most of the exchanges between china and north korea happen here the friendship bridge across the yalu river 70 percent of

bilateral trade passes here between dandong and the north korean city of sin nature traditionally heavy metal is made of a big part of that trade the u.n. sanctions imposed in 2017 banned exports of them to and from north korea with electric cars and textiles also subject to restrictions un sanctions have taken their toll in 2800 exports from north korea to china are thought to have dropped by 88 percent trade in the other direction fell by a 3rd. north korea can at least rely on one commodity crossing the border the number of chinese tourists is thought to be at a record high trade relations are healthy enough that a new border crossing was opened in april this year and is around the same time north korean officials were invited to a key summit on president she's flagship belts and road initiative the maintenance of imports and exports remains essential to both countries kim jong un needs china's help to develop a struggling economy and beijing needs influence over its unpredictable and excitable ally. and a look at global markets ahead it was all it took for the u.s.

federal reserve which signaled that it could cut benchmark interest rates as early as july and thus provide provoked a big impact on global markets don't just look at gold the price rising to its highest level in 5 years on thursday it reached around $1386.00 an ounce that's a rise of almost 3 percent on the start of trading. and let's talk now to young's quarter our financial correspondent in new york yes we see what happened to gold there how is this driven by a fed this vision to keep rates unchanged. well i mean those surprise clearly show you that the markets in general are expecting or not expecting there is certain that there will be a rate cut at the next fed meeting by end of july abets that this will happen actually stand at about 100 percent and then the outlook for a lower interest rates in the united states did put some pressure on the u.s.

dollar and you see that quite often if the dollar drops then gold becomes more expensive you pay for gold in a dollar and if the dollar decreases that makes it more attractive for foreigners to buy into gold so that's partly explains this big swing that we saw for the price of gold so markets here seemingly getting ahead of the fed why are they so certain that an interest rate cut is coming. when i talk to people over here. quite a few are saying that. we have no inflation we do not really see big inflation and we don't not see it in the united states you do not really see it anywhere on the planet drive now and so with inflation being told this is one reason why not just the federal reserve here in the u.s. is playing around with the idea of cutting interest rates but also money is cheap

all over the globe and then well but this is just a guessing we might see monetary policy we might see actually currencies being a new vehicle to get a competitive advantage against rivaling nations and i have to ask about oil prices that jump today on us iran tensions what's the big concern for the markets. now well i mean we did see a quite a big jump in the price of oil almost up by 6 percent but also by the way it's partly because of the u.s. dollar that's also what we see off in dollars. oil prices higher and then for sure also the tensions in iran but it's interesting i did talk to an oil expert and he told me well think back a couple of years if we would have tensions as we've seen them right now in the gulf and between the u.s. and iran big ben oil prices probably you would have to $8090.00 or on $100.00 per

barrel but in today's world where the u.s. is the biggest producer of oil on the globe the dependency on oil from that region at least here in the united states and by far not as big as we've seen it in the pocket pa so yes we did see a big swing in the price of oil but thinking a couple of years back this was we would have been much bigger an interesting point about how much oil production has changed with the latest from new york. and over europe now e.u. leaders have extended punishing economic sanctions against russia over the conflict in ukraine for another 6 months the penalties include curbs on russia's valuable oil business as well as the defense and finance sectors the block 1st put sanctions on russia for moscow and next crimea from ukraine and 2014 the decision comes a day after dutch lead investigative team charged for min 3 russians and one ukrainian in the downing of a malaysian airlines passenger jet into ukraine. over africa tunisia's tourism

industry was devastated by a terror attack in 2015 which left dozens of foreign visitors dead or injured and many would be visitors then switch to safer european destinations but now they're back coming back to the desert choosey has come back as a holiday destination is gaining momentum memories of the appalling attacks have faded the political situation appears stable and the appeal of sun and sound is on diminished it's also a good value destination for a holiday compared to european or asian resorts and travelers get there quickly from europe. there were $2300000.00 tourists in the 1st 4 months a rise of nearly 20 percent over the previous year it's a cause for optimism this year the forecast is for $9000000.00 tourists in total an all time record hoteliers are pleased to be our hotel as 100 percent occupancy since april we're very happy about the return of confidence in tunisia.

and it was. he's not the only one who's relieved 2000000 chin is ian's depend directly or indirectly on the tourism sector it's one of the most important sectors of china's economy accounting for 8 percent of gross domestic product. and has plenty of potential for growth desert tours through the northern. or visits to national parks like due may were many species of animal have settled the government is investing in infrastructure and soon they hope eco tourism will bring in new revenues. and while we talk about tourism holiday makers could find themselves grounded by strikes once again this summer german cabin crew union is calling on the tons of stuff to take action in july over a wage dispute euro wings and german wings both have tons of subsidiaries could be hit the hardest the union is expected to vote next week on whether should take action and it could be joined by other 2 tons of stuff the airline says the strikes

would actually violate an agreement between the 2 sides and it says it's considering legal action. so you're looking for a new bottle of wine to in pressure friends how about one that was aged in barrels that were placed under water the ventnor in this in this case describes the wine as silky and connoisseurs might just the tech notes of clever marketing. but now it's no ordinary diver it's a wine maker on his way to work. but hostler ocho runs a winery with a difference his wines are aged 20 meters under the waves made from tempered and other spanish grape varieties the winds are stored for up to 18 months water pressure total darkness and constant temperatures accelerate the aging process and that complexity to the wine. or ones can be slightly disconcerting at 1st that's because you kind of associate them with a specific region of origin but the true flavor of the great comes through silky and easy to drink. and which of. the price includes barnacles and

seaweed a bottle costs between $60.00 and $100.00. we realize the sea offered us an opportunity to develop a new project. we've seen in other places how bottles recovered from ship wrecks good valuations that auction both in terms of viniculture in economic value. so we thought of the sea had a hidden secret that allowed for the wind to evolve differently than. the under water of wine cellar is located 25 kilometers from the coastal town of bilbao in spain's basque region the government has provided the company with 500 square meters of sea bed because it also functions as a kind of nature reserve placing the winery there we create a protected space where many species can hide and build their new home for us it's very important to help the sea in the ecosystem and that's what. the wine is

a treasure from an unconventional wine cellar it's just waiting to be raised from the depths and above all to be tasted. something new for you. and that's it for me in the business. of course find out more about these and other business stories on our website dot com slash business stay tuned. to this look at global markets it's watching.

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like. i love even one child was a 6 and looks what it's like me inside says the 15 nations of the 50 story. and could be very personal tips on berlin's very best play. book now on the land every week on t.w. . a book of. hello and welcome to our latest news from arts and culture toni morrison is america's 1st lady of letters and a cultural force since her 1st works of fiction were published back in the early 1970 s. well now a new documentary illuminates the brilliance of the writer outside of her books we'll talk about bat and here's what else is in the works. yet another documentary

shows off the prussian cultural heritage foundation's vast collection of artifacts from all over the world comprising what is known as berlin's treasure trove. and italian photographer down by work is a feast for the eyes and a rather off kilter mirror of the soul of his famous inspirations. well her writing career is all inspiring toni morrison a nobel prize winning author and from today's perspective it may be kind of hard to imagine how long it took for her author of the bestselling novel beloved to give the african american story its rightful place in the american canon well now a new documentary about her life the pieces i am puts her work into context and when it's over you feel as if you've spent 2 hours in her excellent company.