who you correspondent susumu her. coast to basically. the various flavors of the exotic i am a challenge for you all there are a team and doing. so fusion and fun. from street food the 5 star restaurant tasting taipei starts september 1st on d w 5. could a u.s. u.k. trade deal help offset the economic damage of a no deal bricks it british prime minister boris johnson thinks so but from the u.s. congress there are strong voices of concern we'll tell you why. and also coming up the drug maker johnson and johnson find over its role in the opioid epidemic in the

united states. welcome to the business i want to get johnsonville and good to have you with us now the g. 7 summit india it is ended and there were some surprises there including u.s. president on a trump sharing a fun press conference with german chancellor angela merkel and talks of a possible u.s. u.k. trade deal now one that could help offset the economic damage of a no deal breaks it at least that is what british prime minister boris johnson has been touting lately but not so fast the u.s. congress has a say on every trade deal and many congress members fear that a no deal breaks it would return new controls to the irish border undermining the 1908 good friday peace agreement which ended 30 years of violence between the 2 sides the top democrat nancy pelosi says that the trade deal has quote no chance whatsoever with a border congressman richard neal is

a co-chair of the friends of ireland caucus which counts $54.00 congress members and he's no fan either and there is also top republican peter king an ally of president on a trump and he called talks of a deal a needless provocation so there is strong bipartisan support in congress for the good friday agreement and to learn a little bit more about this possible dilemma i'm joined by author solomon from d.w. business good to have you here with us other i know that you've really. looked into this entire story do you think that the good friday agreement could really stunned in the way of a u.s. u.k. trade deal yet well yes monica i certainly think it could stand in the way i suppose a little bit of history as a starting point so there's a very strong history of strong relations between art in america and particularly in the political dimension there's a very strong irish american lobby group political caucus that dates back more than

a century and at various stages virus history has been very influential but for the purposes of our discussion where it's really important is in the crafting of what you mentioned just now the good friday agreement so the clinton administration were absolutely critical and very important piece to have been struck and as a result of that there is a deep understanding within large sections of the u.s. congress of how important the good friday agreement is in ireland and also how important the irish border and keeping up order open is to maintaining the peace agreement so the reason why it could as you say stand in the way of a possible u.k. u.s. free trade deal is simply because their status several u.s. politicians have said it tard most senior u.s. politician nancy pelosi has said it several times that here back in april she visited the irish border she went to the city of derry and she spoke and absolutely unambiguous terms and said that if there is any disruption whatsoever to the current border situation in art and as a result of a chaotic nodia bragg's it or any form of bragg's it which would change those

arrangements she said there is no chance whatsoever and then on top of that you have to look at other areas of u.s. political life so what you mentioned the friends of fire and caucus that's led by some very influential u.s. politicians richard neil who you mentioned and a very important point and richard neal richard name is the head of the u.s. house ways and means committee now the house ways and means committee has a direct say and trade deals they can block ideas and before it even gets to the senate they have to look at it and scrutinize it they have the 1st port of call and that sort of speak i said they could be an awful lot of hurdles coming in the way of a u.s. u.k. trade deal but there is. a possible solution that is called the backstop which is part of the withdrawal agreement that boris johnson and the government in london is turning down why well i suppose it's 1st of all important say that it's not everyone in britain who's against a backstop but i mean bars johnson himself voted for the most recent version of the withdrawal agreement which included the backstop but there is consistent opposition within britain to the backstop and put it simply the reason they oppose it is some

of the more ardent bags of tears believe that the backstop could keep britain indefinitely in legal limbo with the e.u. so as the backstop is currently phrased it would keep the whole of the u.k. in a customs union with the rest of the e.u. until a solution has been agreed which would would change the arrangements the would maintain their engine the underspend london isn't so keen on that so right now the u.k. this it's between a rock and a hard talk about boris johnson because he also said that his government might not pay the so-called divorce bill at least not in full if britain was to leave the e.u. without a deal the european commission however points out that a failure to pay could hamper future trade negotiations that listen and. all commitments that were taken by the 28 member states should be on earth and this is also an especially true in an odious scenario where the united kingdom would be expected to continue to honor all commitments made during a u. membership rather than going now into egypt to show action threads i think. that it

is important to make clear that settling accounts is essential to starting off a new relationship on the right foot based on mutual trust and i would also say that as far as i understand this issue has not been raised with the e.u. side for the time being officially. now i did you commission there on the possibility that the u.k. does not pay the divorce bill let's bring in our financial market correspondent ashutosh pandey on this why not paying your bills doesn't go down well with anyone how much money are we talking about and what would it mean for the e.u. . but monica its 39000000000 pounds that both sides of agreed to a 43000000000 euros this is largely the money that you get to the e.u. with the coming financial commitments that it has made as far as the budget is concerned future projects that concern even pension for stuff pensions are concerned so that's

a payment that both sides have actually agreed upon now as far as you use the. ability to compensate for this loss is concerned it certainly can i mean i at the end of the day 39000000000 pounds is a huge amount of money but not enough to cripple the economy it will have to cut some funding for long term projects or call on the richer members to actually bridge the gap but the bigger loss would be actually the loss of trust with the trading partner you had i should just thank you so much last question to off of there so the u.k. runs the risk of losing a friend what what other implications could there be for the united kingdom well the really big implication is the one that ashutosh has touched on so in the event of the not paying the bill which they use as their existing commitments it would jeopardize the prospects of future trade deal with the e.u. because the e.u. of said if they don't pay that bill we're not talking about trade the u.k. can talk all it wants about doing a trade deal with the u.s. but the fact remains its biggest trading partner is the rest of the e.u.

so if there's no trade deal with the rest of the e.u. and that would seriously hamper the u.k. economy and then the other point is what would this do to the u.k.'s goodwill on the international stage if they don't pay existing bills why should other countries get involved them in trade deals or the negotiations because it would damage their standing which at the moment is still quite high despite everything that's happened with drugs right off a solid in there from d.w. business thank you so much for your insights there and also big thank you to day in france that. now the pharmaceuticals firm johnson and johnson has been ordered by a u.s. courts to pay more than half a $1000000000.00 over its role in fueling an opiate addiction crisis is the 1st case to go to trial out of thousands of lawsuits filed against the drug makers and distributors the judge in oklahoma said the money would help the states deal with decades of fallout from the problem. he's probably impeded box's son austin is one of $6000.00 oklahomans believed to have died from an opioid overdose since the

start of the millennium a promising american footballer he died in his prime. austin who was living a nightmare the nightmare at prescription drug abuse now the 1st of thousands of lawsuits aimed at holding manufacturers and distributors to account has made it through trial cleveland county district judge that borkman are set prosecutors have proven johnson and johnson to create a public nuisance that will take decades to repair. it will today judge walker and has affirmed our position that johnson and johnson motivated by greed and avarice is responsible for the opioid ready epidemic in our state. johnson and johnson will finally be held accountable for thousands of deaths and addiction caused by their activities. the company was accused of flooding the market with

painkillers and deceptively marketing them to denies wrongdoing saying its sales claims were backed by science comes to appeal against the oklahoma court's decision . we have sympathy. for all who suffer. from substance of the use. but johnson and johnson. did not cause the opioid abuse crisis here in oklahoma. or anywhere in this country. for many more claimants disagree with the company with 2000 planning to go to court in ohio later this year. and now to some of the other global business stories making use. the german government has recorded a tax surplus of 45300000000 euros in the 1st half of the year despite the economy shrinking in the 2nd quarter germany was able to profit from

a stable job market through tax payments and social contributions from paychecks the federal statistics agency reported today. italian government bonds rallied across the board today yields on benchmark 10 year debt will fall into the lowest levels in nearly 3 years but as hopes of a new government ojt investor sentiment the ruling 5 star movement and the opposition democratic party appeared on the verge of a deal to avoid a snap election. alternative need to produce that beyond meads will partner with fast food chain k.f.c. to develop a plant based chicken alternative 1st vegan nuggets and boneless wings will appear on menus in the united states is the latest winner for beyond to meet an investor darling already working with chains like cars and subway. and british airways pilots announced on friday that they'll strike for 3 days in september in

a dispute over pay the strikes on that september the 9th the 10th and the 27th could affect tens of thousands of travelers the airline called the move unjustifiable and said it will refund and rebook the passengers affected. fed and one of the most powerful men in the automotive industry has died at age 82 pierce started his career at his grandfather's auto company porsche before taking over on transforming our day and later. it was praised for reviving the company's fortunes and turning it into the world's biggest carmaker. and that is your business update at this hour for me and the team member len thanks for watching.

meets tina the sex phone operator who works her master's thesis on the potato. not a turn on well it gets more ridiculous from a. list. of streets.

and i'm just the brand new delusion bottom is pulled it's personal device and it's about topics that affect us all on a mission climate change and the turn. check out. hello and welcome to news from the world of ops and culture young film director stefan his path is my gas his documentary. congo calling as just one of prize for up and coming filmmakers and in our series 100 german must read a novel entitled simply insane. guide

planet will investigate street food from venezuela here in the. congo coaling is a documentary film by director stefan him pat and it's just won a top prize at a film festival here in germany for new filmmakers it follows the law eaves and the experiences of 3 different aid workers from europe in the democratic republic of congo and in a part of the country which is one of the poorest the most in secure regions in the world i'll talk to the director as to how to help out after this. goma a city in the east of congo. has a population of 2000003 quarters of whom our.