another tourist in the trade war u.s. president donald trump says talks with china are back on and he believes beijing wants to make a deal and wal mart does rebound also coming up lifts the currency controls which have helped keep money for leaving greece for the last 4 years of a grueling austerity. and frisk program roland welcome to the program and donald trump's tariffs on e.u. cars might not become a thing after all at the g. 7 meeting in france the u.s. president said he thinks the u.s. will be able to reach a fair trade agreement with the european union without slapping import levies on automobiles offering a potential lifeline to german farmer and his trade dispute with china he hinted another term markets were happy to buy it. did donald trump's hard

line approach drive the chinese back to the negotiating table that's certainly how the u.s. president is framing it on sunday in berets trump said he was sticking to the tariffs even while the other leaders appealed to him and asked him to relent then on monday trump announced that china called the offer of fresh talks. very very very good because i mean there will be able to you it's very important. even though it was 3. things about and it's why i personally. it's going to be great for. the chinese government doesn't seem to share his enthusiasm beijing did not immediately confirm that talks are to take place all that emerged was a terse statement we're going to economic and trade disputes between china and the

u.s. should be resolved by a dialogue but the u.s. adding further tariffs on china seriously goes against the consensus reached by the 2 countries leaders at the also g. 20 summit in homs the interests of both sites in tramples on the rules of multilevel rule trade and threatens the security of global supply chains and. that doesn't sound like willingness to negotiate and it sounds more like china signaling a firm stance the rhetoric escalated on friday when trump sharply high tariffs on billions of dollars of chinese imports retaliation for fresh duties from beijing. for more on the story let's bring in our financial correspondent dan scored on wall street yet there was this massive sell off amid donald trump's twitter town from over china on friday it seems the storm clouds have passed for now what are we to read them into the market rebound. well i mean at least i'm there has been some

relief here on wall street that we covered a little less than half of the losses that we saw on friday still if you talk to traders here on wall street they would love to see the twitter account of the president being blocked because just one tweet and the entire mood here on wall street can change once again so most people believe that a deal still might be far away but at least for now there was a little bit of relief even if you look at the companies or the stocks that did not do to grade here on monday those are our stocks of companies that would potentially suffer if the trade for further escalates not yet this trade just good has been going on for over a year now what is the best possible outcome at this point oh well i mean. what i'm hearing mostly is

a truce already would be almost the best case scenario hardly anybody really believes that we will get a real deal any time soon but we shouldn't forget the next round of tariffs probably will start on september 1st the from both sides from china and from the united states and well everybody is curious if anything will change coming september 1st but probably we will get a new terror before there might be developments and if even a potential deal. thanks for now but stay where you are. now at the g. 7 meeting friends in the united states have ended a standoff over a french text on big internet companies that's according to french president manuel mccraw he says both sides will work on having an international levy in place by the end of 2020 at this point france would then scrap its own digital tax and companies

would be reimbursed france earlier this year and acted a 3 percent levy on the annual revenues from digital services of large companies including prominent u.s. tech businesses president trump had threatened to hit back with import tariffs for example on french wine. back to you in new york how did the big tech companies react to the announcement well officially they haven't commented yet on this new compromise. my call was talking about but as you said this is going to take quite a while before we will see it in practice there are a lot of things can change in between at least for now for here on monday tech stocks were among the bigger winners but overall there is so much regulatory pressure on the big could take companies like facebook amazon or google just to name a few and go through this pressure is not going to vanish anytime soon is go to new

york thank you. and some of the other global business stories making news. alternative meat producer beyond meat will partner with fast food chain k.f.c. to develop a plant based chicken alternative the 1st a vegan nuggets and boneless wings will appear on menus in the united states is the latest win for beyond meat an investor darling already working with chains like corals and subway. british airways pilots announced friday they'll strike for 3 days of temper in a dispute over pay the strikes on september 9th 10th and $20.00 seven's could affect tens of thousands of travelers the airline called the move unjustifiable and said it will refund and rebook passengers the fact. confidence among german business executives has sunk to a near 7 year low a survey of germany's institute for economic research shows fears of

a recession are growing as the german economy contracted during the 2nd quarter of this year slowing global trade has hit the country which relies heavily on x s. greece has been through years of economic and financial hardship some of which can be summed up in one figure 60 euros per day that's how much or how little greeks were able to withdraw from their bank accounts after the government had introduced capital controls in june of 2015 spooked by the country's financial troubles panic cash withdrawals threatened to topple the banking sector as greece recover over time the government loosened the measure now it's set to be scrapped altogether. and historic moment for greece after prime minister kiriakou a smith so talk is told parliament enough as it says that greece was lifting all remaining limits on the free movement of capital of brault after 4 years of restrictions. the removal

of capital controls from the 1st of september marks a further return to normality for greece's economy. from today capital controls are a thing of the past. the previous government introduced capital controls in june 2015 joined the banking crisis. fearing a run on banks panicked depositors made large scale money transfers overseas greeks were only allowed to withdraw $60.00 euros a day untransparent few 100 euros a month overseas banks were besieged by angry greeks who feared losing their savings. the turmoil calls the crisis in the euro zone prime minister mr tuck is described the dismantling of the banking measures as the end of a 4 year cycle of insecurity. it's australia now where over $2000000.00 homes have rooftop solar panels some are concerned that old disused panels might end up in

landfills experts say there could be a huge amount of it in the years to come. usually jeremy hunt is installing new panels around town in darwin australia but in this case he's just removed the old ones which had stopped working now it's time to recycle them something that's not as easy as it sounds the alamo your friends are going to ask it and the metal can be recycled and that just leaves then the glass from the backseat with the cells to go to the landfill but it's not good to see it's not what the industry wants that's for sure and there's no accurate data on how much trash the solar industry is generating and it's most panels were installed in the past decade there's no time to waste these panels last 152025 years so the problem is coming at the moment there are no national laws regulating so the waste but the experts in australia are starting to develop the much needed plans maybe the regulation needs

to require that there is a cost component in that new panel that is for the collection and there are a cycling at the end of the panels at the end of last solar installer jeremy hunt want something done before his business gets a bad name for the waste it produces in the meantime he's turning a few retired solar panels into something useful tables. and finally fed in and one of the most powerful men in the automotive industry has died at the age of 82 disappearance reportedly collapsed at a restaurant on sunday night and later died at a hospital ferryman pierce started his career at his grandfather's auto company porsche before taking over and transforming audi and later falsified to be most praise for reviving the company's fortunes and turning it into one of the world's biggest car makers was also criticized over the faux deeson cheating

scandal if you heard when he was head of the company. oh the movie yeah well that's it for me and the team here for more business news check out com slash business and discover things.

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because companies are uniting to create. a possibility. not only animals will be safe but home to. the lion's share. of the conservation. laughs. this is the that the news africa coming up in the next 15 minutes the new dispensation old tactics rights group sayings and bob weighs in this and now what has presided over a brutal crackdown on human rights in his 1st year in office. there were. your friends very afraid. simply because of politics.