good to have you with us and we're starting with the ongoing protests in hong kong which are now also impacting westen a company is beijing has taken any cli sing a firm tone over the protests accusing foreign countries of inciting unrest and this president on a trump on sunday want to china that carrying out a tiananmen square style crackdown on protesters was home trade talks between the 2 countries beijing has pressured businesses to tell the line and to condemn the protesters and a surprising number of big companies comply out of fear of losing access to the chinese market most of the hundreds of thousands of protesters braving the hong kong rain are employees somewhere this makes life difficult for big firms beijing is not happy and seems to be tightening the screws on business. signs of pressure over the protests appear in different ways. chinese state media reported public anger after stuff from hong kong airline cathay pacific took part in protests on

friday cathay c.e.o. rupert hogg resigned cathay shares rose on the news investors clearly do not like to ruffle feathers in beijing and markets are banking on easing tensions in hong kong in the financial sector the big 4 accountancy firms k p m g u y deloitte and p w c scrambled to publicly distance themselves from an employee showing solidarity with the demonstrators jar jeans which owns the mandarin oriental hotel group issued statements backing the hong kong police other big firms may also bend to chinese pressure this month just b.c. us to chief executive john flint the bank had been in chinese crosshairs over its perceived role in the us prosecution of huawei c.f.o. among one joe. so the big companies distanced themselves from the protesters keen to stay in beijing's good books but some smaller businesses in hong kong are

proving to be more subversive one even leaving political slogans and sweet treats inside the sweet taste of low 2 seeds on the outside politics chinese signs spell out no withdrawal no dispersal or simply hong kong people both recent protests slogans heard on the streets of the asian metropolis one hong kong baker has adopted the slogans for their handmade moon cakes and they're more than just decoration. they really represent our voices they reflect the actual situation and there's historic precedent for the political pastry some 800 years ago cakes were used by ming revolutionists to transmit secret messages while fighting mongolian rulers. so they put a little paper inside the moon cake as communication to start a revolution but this time it's not

a real revolution we just want to fight for what hong kong people deserve. for now me sweyn who took over the bakery from her mother the mooncake messages seem to be paying off. as the moon cake is related to politics this year there is more attention all kinds of people of all ages are coming to our shop to buy the man cake some of them are fighting for freedom others may still just be looking for a tasty treat. and now to some of the other business stories making headlines. the united states is to allow show a way to buy u.s. technology for another 3 months the 90 day reprieve from the ban was announced by commerce secretary will go across he said the move would allow u.s. companies reliant on to always business to women sells off the chinese telecoms giant. a malaysian court has postponed

a trial involving the country's former prime minister najib razak until next week it will be the 2nd trial focused on a major scandal surrounding the state funded one m d d is accused of money laundering and abuse of power he has denied the charges. the 1st chinese built highway in serbia has opened its part of china's belt and road initiative to connect with western markets the 763 highway is the 1st such infrastructure project by china in europe it was inaugurated bought official is taking the bus right among them serbian president oleksandr which. naipaul wants to build a new international airport that caters to tourists from all over the world but the project which is expected to cost around $3.00 and a half $1000000000.00 has come under fire protesters say the planned airport would be an environmental disaster. and there may only be around a 100 protesters here but the demonstration is drawing attention police are also on

duty at the event in the nepali capital katmandu a sign that the authorities are keeping an eye on the movement the protests are aimed at getting the government to drop plans to cut down around 2 and a half 1000000 trees to make space for the prestige infrastructure project. because now we're demanding the government immediately stop the plans to destroy the forests to build the airport. i guess. the forests of nepal are home to a wide range of animal and plant species and the trees also help anchor the soil preventing landslides and mudslides which have grown more frequent than they were in the past nepal is turned into a popular destination even for those who aren't interested in conquering the world's highest summit its majestic landscape and culture are also drawing tourists with no aspirations to climb everest slopes around 7000000 passengers fly in and

out of the airport in katmandu every year it's the only one in the country and in the rainy season it's sometimes forced to close even the protesters agree that the palm needs an additional airport they just say that the chosen area 80 kilometers outside the capital is the wrong location because building there will require the sacrifice of so many trees in addition the 3 and a half $1000000000.00 project will uproot around $500.00 families. the war against islamic state in iraq has hit to the kurdish regions in the north of the country haad the area bore the brunt of the fighting and the economy with it away but 2 years off the i.a.s. has been defeated there are encouraging signs of recovery. this construction site has come alive again at last real estate developer notch martin morehead in russians who are had invested millions of dollars in this group of high rise

apartment blocks on the edge of the northern iraqi city of pseudo money and then the islamic states reign of terror began before i us came we wanted to sell the apartments for $2000.00 a square meter and we had lots of inquiries but then the terrible battle against i-s. began and prices fell from $2000.00 down to 0 now islamic states been beaten were selling for a $1000.00 a square metre so much as at that time some buyers are returning now that the economy in iraq's kurdish region is recovering much modern russia has furnished a showcase apartment to win over potential customers. but it's the working space and back there of the cookers and you can go straight out to the fresh air. the cold love we bet is. but you have suleman here you can sit back on the balcony and enjoy a view row cross the city. with. superman is one of the

largest cities in iraq's kurdish region yes didn't manage to reach it but in the war against the terrorists the economy was paralyzed but there's been peace since 2017 and no investor confidence has returned as well oiled revenues are generating investment but to catch up with the pre-war boom times more is needed says the government's finance committee chief bank of jihad the account bank we have to bring in foreign banks to put up loans for agriculture and the manufacturing sector . yes we've had good results with loans for small projects. to really get the economy going international banks the iraqi central bank and kurdish banks all have to supply all sectors with credit as you already know and big. business is already going well at

the city's biggest car market and here a car has to be impressive to sell. but i looked it was an awful it was it has it it's that in kurdistan people love big off road vehicles the more people you can get into a car the more customers like it after all the disruption the kurds now have their eyes on the future but with tensions in the region rising again their optimism is also clouded by fear of yet another armed conflict. and now to a story that will go down in history as one of the biggest ever auction flops over the weekend saw the piece put up for sale 8939 sports car designed by automobile giant and nazi party member fabien on. the vintage vehicle was expected to go for $20000000.00 but things didn't go according to plan. this was the vehicle presented to a crowded room in monterey california on saturday night experts had predicted that

bidding for the car designed by ferdinand porsche for a race that had been due to take place in 1939 would start at $13000000.00 but things didn't go to plan. when the the b.'s auctioneer took to the podium to call at the starting price the figure on the screen behind him wretch 30000000 not 13 that figure was followed 540-5060 finally 70000000 evoking gusts from those assembled realizing what had happened the auctioneer reportedly a dutchman who some believe had been misheard by the screen operator tried to back pedal telling potential bidders that the correct figure was 17 not 70 but the crowd was lost on the vintage car ended up without a buyer in a statement so the piece said as bidding opened on the type $64.00 increment were mistakenly displayed on the screen causing unfortunate confusion in the room we

take pride in conducting our world class actions with integrity and we take our responsibility to our clients there is seriously. it's still unclear what exactly caused the blunder but the debacle marks the end to a disappointing week of classic car sales for saw the bees experts say stock market volatility and fears of a global slowdown are pushing wealthy collectors off paying astronomical sums for vintage rides. and that is your business update on your own d w for me on the team in berlin thanks for keeping us company.

the world is getting more sooner so forlorn see. a lot of problems. we're the global 3000 talks with 2. british researchers take an opportunistic view . while it is not always a good plan but it's much much better than it was a hot this is the world really getting better. global 3030 minutes w. . welcome to the duramax you tube channel. a good line of stories. with exclusive insights. and a must see concerning parts culture in europe. place to be for juries minds.

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