among young people. more heated rhetoric as tensions between iran and the united states continues to rise president donald trump threatens to liberate parts of the country while terror on calls fresh u.s. sanctions called mentally retarded also coming up logistics heavyweight fed ex is suing the u.s. government over new export rules and fishing business these tiny baby eels are a multimillion dollar business now european fishermen fight against modern orders to sell them to china. welcome to the program u.s. secretary of state pompei you has arrived in the indian capital for talks with this condo board as jay shankar and the indian prime minister narendra modi trade

tensions between india and the us have been on the rise india impose tariffs on almost 30 u.s. products earlier this month in retaliation for the us ending india's preferential trade status the leaders are also expected to discuss u.s. efforts to build a global coalition to put pressure on iran. meanwhile iran's leadership has slammed the latest u.s. sanctions which particularly target the country's supreme leader and his affiliates terror on called the move quote outrageous and mentally retarded. on the streets of tehran his picture is everywhere iran's supreme leader ayatollah ali khamenei this week the u.s. impose new sanctions targeting him personally so what does this mean for the iranian economy how these latest. supreme. as well as private

simu private sectors. in the moment is to to show that in the lives. 1000000 dollar complex all. industry. building infrastructure and it's all in one way it is going to. iran's economy is already struggling under the sanctions imposed earlier by the us foreign investment from abroad has plummeted prices are rising and the iranian currency is losing value raney and say this is nothing new they've experienced several periods of international sanctions many seem to be taking the worsening economic situation in their stride perhaps because they believe assurances by their parliamentarians. not the strongest of their sanctions with the economic ones and iran's found ways to move around them they wanted to reduce our oil sales to 0 but they are all continues to be exported. in

fact iran's oil exports of plummeted by more than 80 percent china still buys iranian crude india's cut off imports but not completely but that may not be enough to shore up iran's currency reserves the greatest risk for the iranian economy is if the conflict with washington goes even further. delivery company fed it's is suing the u.s. government over its important export restrictions on chinese companies including tech giant huawei the measures aimed to prevent u.s. technology getting into the hands of companies that the white house considers a national security threat a fed ex says they've left delivery firms with the quote impossible task of having to police millions of shipments every day last week fed ex wrongly return a huawei phone bound for the united states to its british center.

all right let's bring in court on wall street here against fed ex is suing the u.s. government tell us more about the market reaction to that well pretty much federal express is saying that they are not to lie a bill of for actually the content of shipments and it is legally and logistically impossible to basically scan those packages and therefore this you would the stock of federal express traded to the downside here on tuesday by a good just 3 percent the stock has been under pressure for quite some time and by the way they came old with their earnings report just after hours on tuesday and so looking at 2020 they're expecting that the entire year will be negatively impacted by all the trade issues that are going on at the moment and he ends investors also had their eyes and ears on fed jared jerome powell and he had some

disappointing remarks. well disappointing in that respect that he was saying that the monetary policy of the federal reserve should not react to short term political aspects so that was a pretty direct them criticism to u.s. president donald trump and that he's not willing to back down that does not mean that we will not see interest rate cuts by the end of july but it also shows that this interest rate cut is not set in stone and that actually did cause some confusion on wall street and was one of the main reasons why i lost a good 180 points here in the tuesday session in court in new york thank you very much. all right let's talk some seafood here young trans lucent eels are an expensive delicacy and china and japan as worldwide stocks decline smuggling is on

the rise by exports from the us been banned and fisheries associations and customs officials are on the tracks of the traffickers. this week our nick hopes is tending to 1400000 tiny eels just delivered from british waters in this stage of development the thin bony fish are almost transparent which is why they're called class eels european ills are facing extinction stocks have been in decline for 3 decades and so far there are no reliable methods of breeding them entirely in captivity. it is possible now to get the ills to reproduce and keep them alive for a while but we still don't know what nutrients the young eels need at a certain stage of their lives and it is. a lot of. these young fish need optimal conditions which means they should leave the basins at the german

fisheries association as soon as possible and they return to natural waters to grow to full size. and it copes and his colleagues want to be sure that the glass eels are not fished up and sold to farms in asia where eels are great delicacy. he were addressing this issue as far back as 1996 it's a war it's thought it almost was a lot of it then we said we were already exporting too many of them to asia although it was legal at the time and that the price had run away for normal users i think in all of that in the meantime ill prices have reached record highs a kilogram of class ill sells for 400 euros in germany in asia for 10 times that that profit margin has attracted organized crime as authority. they're beginning to realize their last ill smuggling it's extremely lucrative and considerable quantities are being moved around because you can even compare it with the drug

trade for profit margins or similar trafficking in glass eels can make you the same kind of money is not cutting straffing killing. the customs official say it's a fairly new phenomenon but that they're growing more aware of the problem airport controls recently turned up 100000 lives glass eels and a raid uncovered an illegal collection point where the ils were being packed up for the long journey. to plan z. in they put them into suitcases with ice cold water and added ice water in styrofoam wattles to keep the temperature down around freezing. that way the animals metabolism will stay low and they have a good chance of surviving the trip for falls just to relieve some good news for animal protectionists and 11 years most of the glass eels confiscated in frankfort were put in the rhine river where they'll be able to continue developing normally.

and staying with the question of what might or might not end up on your dinner table we all know that weekly grocery shopping can be a real pain hordes of across them are blocking your way or you're trying not to steer your full shopping cart into a stack of canned beans but a trial and friends to do away with the house and with the help of the latest technology it could also help people with mobility issues. this attentive little fellow is one of the autonomous delivery robots being child by french supermarket chain from 3. they're designed to help those who might otherwise struggle to push a shopping trolley around the store to get the groceries they need they can carry up to 40 liters of items and once you're through the checkout believin take them home for you. it's not going to change my shopping habits but it's going to help because i don't have to carry anything and it can go all the way to my house.

supermarket's on the only places in france where robots are doing the heavy lifting go based in paris specializes in automating forklift trucks which provides to around $200.00 sites. the trolley is able to tear locate itself thanks to its navigation laser and mapping that we gave it so thanks to the circuit that we drew it can move a pallet from point a to point b. . palio has sold more than $500.00 of its autonomous machines he says they're creating safer workplaces by making collisions less likely. the company's annual sales have risen from 1000000 euros to 23000000 euros in the past 5 years and with more french companies investing in self driving equipment like this factory in the northwest of the country francis or thomas industry is becoming one to watch. and that's it for me on digital business team here in berlin for more news and

analysis check out our website at b.w. dot com slash business we leave you with a quick check of how global markets are trading at this hour. thanks for watching and see you back here.

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this is state of the news africa coming up in the next 15 minutes a highly anticipated court case is set to get under way in malawi. election victory last month the court titian from opposition parties who allege the vote was maad with fraud. then back to the motherland 5 eastern black rhinos born in europe have

been relocated to one day it's part of a program to reintroduce the species so the country after it had disappeared for nearly a decade we'll see how they're doing in their new home.