and let's do business side up or face the force of more sanctions that's the message for this monday from you where special representative for iran brian hawk he says washington is willing to restore diplomatic ties and lift sanctions if tehran is willing to do a deal or any officials say the new u.s. sanctions will have no impact but that's not the reality. iran is feeling the pinch the reintroduction of u.s. sanctions has had a crippling effect on the economy the value of the reale has plummeted pushing inflation to over 30 percent and u.s. president donald trump's attempt to destroy the country's oil industry is having an effect to the influential middle classes are among those hard hit. dang it is the economic war is a reality and people are under extreme pressure they keep on telling us to be strong but we can already hear the sound of our bones breaking under this pressure

. some iranians are being pushed below the poverty line. as far as i can see people's purchasing power has been more than halved anyone earning between 1000500 to 2000002 months a month between $36.48 u.s. dollars who also need to pay rent won't even be able to afford to buy bread and potatoes it's unimaginable. to. the lifting of sanctions in 2016 spurred rapid growth of more than 12 percent but there reimposition last year dealt a massive blow. the international monetary fund is forecasting the iranian economy will shrink by 6 percent this year. the withdrawal of foreign companies has also driven up and employment european firms that have left include car makers miss eighty's and persia. but smaller firms are also becoming increasingly wary of doing business in iran. should iran follow through on its threat to enrich uranium beyond

permitted levels the nuclear deal could collapse entirely in that case u.n. sanctions would also be reimposed a move that could bring iran's economy to its knees. the managing director of the german or brainy and chamber of commerce in tehran is bornstein who joins us now iran's brushing off these new sanctions as if they weren't heard obviously that's got to be political posturing because how dire is the economic situation for rainy is right now. yes well they cannot make situation right now it's really a horse you can say the sanctions or hit your own really direct lee there with regard to inflation this regard to currency devaluation this in regard to the unemployment situation is really really serious here in a country. is getting desperate the economy is shrinking inflation skyrocketing

will these new sanctions make make such an impact that they force the leadership back to the negotiating table because that's the u.s. strategy here. yeah but you know it's it's hard to to predict because the sanctions are heart so forth so i don't think that any new sanctions will change the situation and you may not forget that this country and its government it's really trying to resist all this is a stretch from the outside though i don't think it will have a big change in the situation to have new sanctions now houses so if they can trade between europe and iran. yes it's affecting trade really really deeply because all especially churman companies who are really willing to to to be in this market and to do trade and investments in iran they face real big

problems this regard to fearing to lose the u.s. market this regard to money transfer which is really difficult and especially costly if you find a very. and it's you may not forget right now the situation in iran is that foreign companies. are really have to have a very difficult day because iran is heading for a resistance economy so foreign companies for foreign companies it's still more difficult and more hard to to enter this market just briefly there are ways around the german businesses for example can theoretically continue to do business in russia. yes they can a can if they find a way you know to transfer money to to if they find up bank who is still. being

with them then it is possible because you may not forget europe in germany they didn't reactivate the u.s. sanctions against iran so we could do gurk but it's really hurt her german and european companies to go on working this iran. thank you very much for being on the show you're welcome. dima has cut its profit forecast for 2019 it's the 3rd time this year that the german com makers have to do this the same spins parent claims higher than expected bill for software upgrades of diesels out of the continuing fallout of the emissions trading scandal the warning comes at a decisive moment the company's new boss order plan u.s. has been summoned to berlin along with other auto industry bosses to discuss the satans future. so it's down to one woman german chancellor angela merkel and a whole lot of men in suits to decide the road ahead for germany's most important

industry 800000 people work in the casa if they hear that in mind the c.e.o.'s argue taxpayers should fund their shift to clean a tech. this is the 1st electric car made by mercedes the e.q. see will be available this fall it illustrates however the plight of the german automotive industry they opted for electric vehicles very late now they're playing catch up with a little help from the german state. ahead of the car summit german economics minister peter meyer called on all car manufacturers to cooperate he wants to make germany the world champion in the construction of environmentally friendly cars for their part carmakers have demanded financial support from the government they say the state should offer incentives for motorists to buy eco r.'s because they are an average 10000 euro's more expensive than gasoline or diesel cars the government should also aid the construction of charging stations in residential areas like

supermarket parking lots and motorways and they're pushing for all public vehicles to be equals germany's most powerful auto lobby argued in a newspaper article that these measures can be made affordable at least partly through putting a c o 2 tax on conventional cars the aim would be to encourage drivers to switch to eco ours but environmentalist say that doesn't go far enough greenpeace for example demands a ban on the sale of petrol and diesel cars as early as 2025. and so to our financial correspondent frank that ashutosh pundit a about this as it does i find it extremely interesting that all of this aims to be folding on the motorists not the big auto companies you've got these driving bands the older bosses want taxpayer funds to basically funds they shifted.

yes for a certain event this seems preposterous as far as the taxpayers are concerned especially when you look at the cost of these a gate for folks who are going alone $30000000000.00 euros and that money would have been you easily used to. fund most of the things that these automakers are now seeking from the government having said that yes he is very crucial to the german economy and the german government would be more than happy to help them out and being them out of a tough situation at this point of time will just how much help do they actually need i mentioned don was a profit warning you see just before. but they need some support because these are actually the rough times for the industry there is a slowdown in china it's a key market for the automakers from germany and also the fact that they're struggling to meet the deadline for emission limits set by the e.u. that's in 2020 when it kicks in so these are actually tough time for them to deal with it a rough road ahead for the comic is actually touched on

a forest in frankfurt thank you very much. if it comes out of the ocean and the role you'll find it on the japanese made you even while meat country brazil commercial whaling next month supporters worry about food security for the other nation but the question is whether there's even a bucket for it once a national seafood staple in japan whale meat has been in short supply since 1906 when a global ban on commercial whaling made the meat a rare and more expensive item but in a few fishing villages like minami bosso located about 100 kilometers south of tokyo where meat still plays a role for the local economy. i married into this family 10 years ago and took over the restaurant business back then our customers were either the older generations or tourists traveling on motorcycles but now we have many families with small

children that visit our restaurant it wasn't that i said i got something. for decades japan's whale supplies have come from new expeditions to the antarctic ocean where a certain number of whales were allowed to be caught supposedly for scientific research purposes in reality most ended up on plates something for which japan has faced intense criticism last december japan withdrew from the international whaling commission so that it could haunt for where in its own waters again however whale meat accounts for just north point one percent of all meat sold in japan and there are thought to be just 300 people connected to the country's whaling industry. just taking anything more historically speaking the connection between japanese people and whales has always been strong but whale meat is far less popular than before port now i think that's a crisis not just for us but for the japanese people when you look at the hand.

there. although there are still connected to the well again history would like to see an increase in demand for the meat it may well be that the ship has sailed on a practice that has become more associated with controversy and culture. by saying business with.

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this is g w news live from berlin bureau fighters collided midair in northern germany the pilots of the 2 combat planes are said to have objected bolton jets belong to the german air force the aircraft has been in service for 16 years. also coming up if a little earthquake in turkey as the opposition wins control of istanbul thousands celebrate as the victory deals ace.