part in the greatest adventure in history. the legend one simply a human being. was new armstrong starts july 20th on t.w. . the next front forms in the global trade spat japan because high tech exposed to south korea of war time over forced labor is at the center of the growing dispute. violent protests rattled business there are reports some executives are thinking twice about setting up operations there. and let someone else do the shopping for you now a german startup can smile at you walk in just a phone call. i mean physical and let's do business south korea is accusing japan

of threatening the global economy restrictions coming into effect today all materials bound for seoul used in south korean chips and spot for displays this will affect the country's tech firms and could slow down the whole export process by several months relations between the 2 countries have sowed dramatically in recent months after according to south korea or japanese companies to compensate for wartime labors at a fine japan says the issue was settled decades ago and is now could explode spiral to south korea's tech industry citing national security so as trade minister says the move violates world trade organization rules even if the. measure damage the economic relationship between our countries but it is also expected to grossly affects the well trade and corporations in 3rd party countries. michael paine joins us from tokyo how much is this going to affect global trade do you think.

well as the actual measures which the japanese put into place i don't think are going to have a huge immediate economic effect but what it signals for you know the idea of raising protectionism and especially politically that that taking issues which really have nothing to do a trade and putting them into a trade retaliation much as trumpeted over the the southern border in the united states it's sort of showing that political disputes are now becoming trade retaliation and that's the part i think which is most worrying about it. we know these days people they can't go on with life without a smart fight how will samsung get around this production wise we're talking about the world's biggest money maker. well there are as i understand it they have several months of stockpile of all the materials which which the japanese are beginning to tighten up and it isn't that japan is saying we're not going to export

that we're cutting you off completely what they're saying is that no longer are we going to allow these materials to be exported to you without being monitored you have to fill out forms you have to do more paperwork so they're essentially it's essentially an annoyance they're poking them in the eye and saying we don't consider you to trust a trade partner any more but it's not an actual boycott or ban of exporting these materials to south korea an annoyance but also a slowdown as as officials are pointing out south korea's calling for bilateral talks on these that what's the likelihood of them getting that. well you may have noticed that during the recent g 20 summit in osaka one big bilateral meeting that did not happen was the one between she and a moonshine of south korea. all of these other meetings were happening between abbate and you know even she of china and others but he wouldn't meet his own

neighbor. in japan you have basically a far right government would be has always been that even though he has a pragmatic streak as well and in south korea you have a progressive left leaning government they don't get along and i think that these disputes unfortunately are going to continue for some time in the future my hope and thanks for the information there from tokyo hong kong's business community is on edge pro-democracy lawmakers say a big police roundup could trigger more unrest if you know for a dozen arrests announced following monday's violent protests in the business world is watching closely some foreign wealth manages the thought to be scrapping plans to open offices in hong kong in favor of singapore have been weeks of demonstrations over proposed law that would have allowed officials to extradite alleged offenders to china including foreign executives one european well firm has

told reuters clients of wary of investing where they may have to close for safety reasons so it's only han is out taipei is now taipei office what what does the financial center think about these protests old. well i think people agreed that confrontations and outbreaks of lawlessness in hong kong could damage its reputation as the international business and seriously hurt its economy but while hong kong and beijing governments are trying to blame the violent protesters actually people in hong kong want the government to hold their responsibilities because we know the thing is the leader kerry last only promised to suspend controversial extension bill instead of totally scrapping it so a lot of international investors are really worried because they want hong kong to maintain its precious status and as independent judiciary talking about the special

status what is actually changed for the financial hub since it was returned to china well hong kong was was indispensable to china's rise in the city's g.d.p. share was equivalent to 18 percent of china's total g.d.p. share in 1970 but by 2018 this number fell to 2.6 percent of china's g.d.p. so are many analysts believe that the city has experienced this slow motion seach from beijing that is china trying to make large investments in other business hops for example like the city of send to nurture hong kong in put for the country's political economy we recently reported that investors are gradually withdrawing money from hong kong juju fear of beijing's influence what what is the situation there now. while it's happening quietly and slowly no major company dares to speak out for fear of angering the chinese

government but there is this wave of concern spreading through the community many international investors they really warry because they used to think that hong kong is a safe base for them to do business in china but if the hong kong government they cannot promise to actually drop that extradition deal then a lot of companies they might leave hong kong for up that is the nation's what about the tourism industry or the tourism industry they're really worried that because around 80 percent of tourists in hong kong are from mainland china just last year there were more than 51000000 visitors from mainland china to hong kong and there's account for 40 percent of home concert retail sales so it's definitely a big deal but in the long run people are forgetful the tourists will still come

back if the chinese government position matters if they decide to live in the number of the tourists of hong kong and that will really be a big problem so thank you very much for the analysis the white house's economic advisor larry good low. thanks for that good says trade talks with beijing could resume as early as next week old signs have been phone contacts in last weekend's g 20 meeting with the latest figures have yet to reflect trumps if it's to rein in the u.s. trade deficit it's at its widest in 5 months to get between employers and exports rose by almost 8 and a half percent in may it's thought u.s. businesses may be stocking up ahead of an expected increase in tariffs on chinese goods. like me hate going shopping but still want to have a say in how you should look in this next berlin based startup could be for you the business itself is still struggling to break even but hopefully they've helped

a whole lot of mismatch german fashion failures in 2 or appropriate time. nearly a bush insists she's no fashion expert plus what do those shoes match this shirt. but 7 years ago she took heart and founded her online fashion service outfitter which helps people choose their clothes. in cars that is managed to lasik only women founders are seen as somewhat exotic i had no idea of that before hand from the beginning we were constantly being asked what it's like to be a female. quite honestly i thought the question was simply awful because i didn't want to be of women found out i wanted to be a founder it took a while for me to grasp that it also offers me the chance to be a role model to say to other young women just do it have faith in yourselves. outfitter has already dressed a 1000000 customers and employees 450 people most in berlin but unusually this

primarily women run company focus is entirely on men. behavior and because we simply saw greater demand with the men in as far as in most shops the men's department is out the back door down in the cellar and so there was simply a giant market potential for us with women of course it's much more competitive if you competitive over 200 fashion counsellors advise outfitters customers on the telephone they ask detailed questions about what colors and styles the client is looking for if they don't actually tell a client what they're sending him her ever returns are rare. to say he's distant it's kind of intuitive you know i've spoken with the customer and he sounded a little bit shy but then said maybe he would fancy it so i think to myself ok let's people would and i put in a right or a pink polo neck shirt. helio bush is only in her mid thirty's and she's there to

accomplish much more she plans to expand across europe beginning in france is finding it easier to get the qualified workers she needs for that. cause my coffee . and i all women got a huge advantage when it comes to recruiting women what they get fabulous applications from the women who really want to get ahead of the album and who also see it as a further advantage for themselves to have a woman in charge. but it is a different part of its expansion strategy outfitter is also growing into offline retailing it's just opened a studio next to its stylists office where men can get personal clothing counseling . but only by appointment very discreetly on a long way away from loud and packed out shopping malls. and just before we go u.s. private equity firms carlyle and bain have put in a $3400000000.00 offer for german lighting group osram the company for years even

subsidiary employs $26000.00 people the purchase offer reportedly includes guarantees that office locations and jobs will be maintained has been struggling to turn a profit in recent times a final decision about buyout is expected later today. by saying business with you.

i'm still the they were more than tired and in the end there's a me you're not allowed to stay here anymore we mustn't do that. are you familiar with this. with the smugglers we're lions of. what's your story ready. i'm one i was and women especially are victims of violence. take part and send us your story we are trying in all weathers to understand this new

culture. another visitor another you want to become a citizen. in for migrants your platform for a little information. from . welcome to culture we'll be traveling around the world to find out which splenda sets become unesco's new world heritage sites also coming up. you'll find it decorative. all over rural pennsylvania but they originally come from germany. and did meet the germans rachel stewart investigates how the german language has been invaded by so.

since 975 unesco world heritage sites have been protecting conserving monuments natural sites and buildings that are concerted and in sensual pots of mankind's legacy this with the agreement of practically every country in the world and every year a committee from unesco meets to look at more sites from around the world that are nominated for this special global protection. you could hardly pick a better backdrop for this year's unesco world heritage meeting the ancient walled city of baquba the azerbaijani capital already has 2 world heritage sites. palace built in the 18th century and the 12th century made power this is stork setting is where unesco members will decide what other landmarks deserve to be considered.