your. new york trying to. do they stand a chance. and they seem to deal. with but i guess i need to stand up for my values and contribute to something important in the sea of. future of europe starts september 2nd on d w. 3 teams take the united states fiscal shortfall to one team truong tariffs and tax cuts to widen the budget deficit to one trillion dollars in the next fiscal year. served up but so is security and the french resort town of garrett host of the upcoming g.

7 summit residents and business owners are worried the lockdown will hurt the local economy. and u.s. travel restrictions take a slice out of cuba's tourism sector. this is the business i'm in in berlin welcome the u.s. budget deficit is expected to balloon to more than a trillion dollars in the next fiscal year the nonpartisan congressional budget office warns that federal debt is on an unsustainable course it says the budget deal signed into law earlier this month would increase deficits by $1.00 trillion dollars over the next decade the cvo is also projecting slower growth in the coming years means lawmakers will have to increase taxes cut spending or do both to put the brakes on spiraling debt our financial correspondent joins us from new york what does the deficit mean for the economy going forward.

well especially if you look at the future if the u.s. economy should get into a recession or we see growth slowing quite a bit so what can washington do cutting more texas for example that would even balloon the deficit higher and we've seen it when us president donald trump took office early 2017 we saw this a mess of tax cuts and if you get less when then on the other side you get a greater deficit and this deficit would be even bigger problem if interest rates wouldn't be pretty low because otherwise the step would be even more expensive now u.s. central bankers are also meeting in jackson hole with the state of course of the u.s. economy top of the agenda what have you heard out of it so far. well

fight or go home that's what u.s. president donald trump treated trying to put pressure on the federal reserve to keep cutting interest rates we sold the 1st the federal reserve bankers arriving in jackson hole wyoming and we've gotten some interviews and some hints that at least some of those. members are not too excited about cutting interest rates further at this point overall the u.s. economy is still on a pretty solid path so the main act clearly will be on friday when. the fed chair will take the stage where we will see if you will give any hints how likely it is to see further rate cuts but i'm not really certain that we will get that much out of the jackson hole meeting by the end of the day it's also not just a general policy decision what's going to happen with interest rates in committee

but clearly this is the main act now on friday when it takes the stage for donald trump recommending fight or flight for u.s. central bankers in jackson hole that was hands carter thank you very much. see sun sand and surf as holiday destinations go the southwestern french city of garrett's pretty much has it all but this weekend it's playing host to the g 7 meeting while that might move the political contests it certainly isn't doing much for business in the city. normally at this time of year periods as beaches would be full of tourists looking to catch some waves or raise instead it's hosting some of the world's most powerful political leaders in town for the g. 7 summit. ahead of the start of the event on friday the city is in lockdown the airport and main train station will be closed to the public certain parts of the

city including the beach are only open to residents that have permits. according to the local mayor though there is no major problem. but the books and he said 1st of all i would say and berates about everyone knows that starting august 20th we see a decrease in the number of tourists we are not at the peak holiday season of august member of the but local business people are not impressed by the disruption during what should be one of their busiest weekends. i'll do to produce 1st of all we have to say that for 3 days now we've seen a decrease in revenue and it's not the last week of the holiday season but the 2nd to last week like been running this stand during the holiday season for 15 years now and berets and this is usually my best week yeah you've seen my me of simmons because it's stupid simply put just stupid i think it's ridiculous they should have

organized it in the middle of winter but it would have had a positive impact for businesses that usually don't do as well jordan winter. the reason for all the security is to thwart protesters to come out in force for such high profile political gatherings but with such a massive security operation in place it's likely that the only people protesting will be those whose business has been hit. overfishing is reducing fish stocks around the world and africa has been particularly badly affected and gone and the situation is becoming serious over 2 and a half 1000000 fish and the well being of the industry is critical to livelihoods and the west african country. every morning uncle a young son goes out to sea full of hope he has been. a fisherman for over 12 years it was his own uncle who taught him when he was a boy. now yanks in a showing his own sons the ropes fishing is getting more difficult here. and see

that's the way we start our day by asking god to help us to catch some fish or there was i don't know what we will eat at home but i want to this is the only thing i can do to look after my wife and my kids. and all my if you. like. song as well as prayer is used to try and coax some fish into the nets for a long time the good man coast was home to one of africa's most fish rich bodies of water but in the last 50 years fish stocks have dropped by half and today it's the same old story for uncle arthur yanks and his prayers for full nets have not been answered. at the fish market in the town of elmina some fishermen have done a bit better it seems but the fact remains that the ocean here is being heavily overfished and the marine ecosystem is in danger earlier this year the government

took action. i asked symbolically close the sea. in the name of the father and of the south and of the horn is spirit. last spring again in ministry of fisheries decided to impose a fishing ban on the country's coastal region. busy its plan to reduce the fish in their faults. as they in the year and also so show that. talks at this time it is expected that that might carry to your fish will be spawning. it is the time for them to spawn. these are hard times for ghana's fish from. this fishing will not be the last but it may well help secure a future livelihood not just for on call. but for the millions of going to hands

who depend on fishing. plans to revamp truck plants owned by its chinese a joint venture partner photon to build mercedes-benz branded heavy trucks in china under the plant photo and will reportedly adversities ben's branded actually as heavy trucks to its production lines savings bonds truck bends trucks currently sold in china are imported the truck market in china is holding up well despite declining auto sales this is because of growth in e-commerce and improved logistics infrastructure us month photons parent beijing auto bought a 5 percent stake in dimer. cuban cigars a stroll on havana's famous malecon while classic cars drive by many americans have enjoyed their trips to cuba over the past 2 years after travel sanctions to the communist country were loosened under the obama administration today the situation is quite different. tourism was supposed to be

a growth industry in cuba but ever since u.s. president trump has banned american cruise ships from cuba and type interests and u.s. citizens to travel there a short boom to the island nation is over tourist arrivals are down 23 percent for the month of july following a 20 percent drop for the month of june trumps fight against the government have on the past people suffering. by it all now are we're talking about a stratospheric drop the united states government is intentionally seeking to do harm to the cuban government but what they are actually doing is harming us the workers those of us who work for ourselves but have an agreement with a government that has been a catastrophe since june. among the 1st victims of the trend restaurants where the number of guests has plunged. to the sad i'm off

a cruise ships really had an impact during the low season because when we were in arlo's these and there were cruises you didn't really feel it because the americans really kept tourism afloat tourists from america will good tourists but well now they are not here and we still have to be working. for trump his actions against cuba seem to be a political ploy for many in cuba there are nexus tensional threats. from me and the business team here in berlin for more business news and features check out d.w. dot com. slash business our follow us on social media i'm john album along thanks for watching. the be.

the best. the band. the band. sometimes more exciting than real life. to. it all. for 30 moments. ritualised the german boss treats. its house

laugh. make them from people make fun about their own social economic and political campaigns. in mozambique we say that you have to laugh so you don't write it's how people call we. as i often call call these folks in the back by my fellow countrymen i actually spotlight by taking it all to all those jobs finding out what people are talking about what is moving them . my father taught me how to ask uncomfortable questions about my country and above board that is why i said. i keep doing to this the main ways that i work at.

nasa hasn't been the stock. is facing mass extinction. you could say that something is in danger. but there is a glimmer. because companies are uniting to create. the possibility. not only animals will be sent. to. the lions share. of the conservation of hope. the. sounds of just trying to miles davis from a new documentary on general relief. welcome to arts and culture more on that movie in

a moment but also coming up the great renaissance master peter broad of the elder is being celebrated all over the belgian capital prospects. and gamers delight here in germany at the moment when the world's biggest computer games event games cong. for jazz fans the long white is what is being hailed as the definitive documentary about legendary trumpeter miles davis hit cinemas this week the director stanley nelson 1st started this project over 15 years ago most importantly with the permission of miles davis family and sony music but it was shelved until 2 years ago now the story of one of the most influential and brilliant musicians in the world of jazz can be told in birth of the cool. more than any other jazz artist miles davis had the qualities of a rock star when he was a boy his father gave him

a trumpet the rest is history movie his.