well may the force be with them you're watching w. news coming up after just a short break to double your business with jenelle jamail and make sure to stay tuned for that remember you can find all the latest headlines around the clock on our web site e.w. dot com or on twitter to find us under at the w to news on a fetish thanks for being with us. naturally richardson. precious resources and. time to room ordering investment. farmland just because the easy option is green. the country has an abundant supply leases it to international trying. to

government exports. to corporations profit margins. but not everyone benefits from the booming business. for mental destruction starvation. selling out of the country don't cause fear. starts to turn murray takes on t.w. . facebook's facing trouble again this time in the form of an antitrust investigation it states want to know whether facebook has been bad for consumers. and german chancellor i'm going to bellicose visit to china not draws to a close overshadowed by sensitive themes like the us china. trade war and the

unrest in hong kong. and harry problem at the heart of the wool industry we'll tell you why the country shepherds are taking a stand. this is the w. business i'm joined now the milan in berlin welcome facebook's troubles in the united states are mounting an alliance of 8 states plus the district of columbia announced an antitrust probe into the social media company the new york state attorney general lateesha james said in a tweet that the aim was to find out whether facebook quote endangered consumer data reduced the quality of consumers choices or increase the price of advertising this follows an announcement from the justice department that it would also be conducting a competition review of online platforms. joins us now from wall street if this probe finds that facebook did indeed behave and had

it if they what could happen to facebook then could it be broken up. well this is really tough to say at this point we haven't seen a case like this in those proportions since a similar case against the microsoft about 2 decades ago and big then it took years before we had an outcome overall there is this discussion quite often and openly if facebook became too powerful especially with the acquisition of instagram and but microsoft for example big then they have to change some of their business practices so i'm not quite certain if the company really will be broken up at this point and as i said to will take years before we really know what's going on in any case we've been to some brave new world of regulation now what will this level of regulatory scrutiny mean for the world of tech at large understand that alphabet

has also been receiving some scrutiny from the deal a j yes actually on monday there might be appropriate formally started by the attorney general of texas also joined by a couple of other states here in the united states also in unto trust case and the big question of those companies became too powerful almost fully like and this is something we have to live with and there's going to continue for quite some time and we hear it more and more often from the public from regulators from politicians that those companies might have become too powerful but as i said those cases they take time that the companies themselves they probably will go into appealed so that is a development that's going to stay with us for quite some time and you'll be following it with us sans quarter there and wall street for us. germany's chancellor is on

a 3 day visit to china to kick it off. for a european investment deal with beijing and an end to the u.s. china trade war meeting with chinese premier she said it's affecting the whole world and she urged resolution lee however chose to focus on germany telling merkel he hopes her country will accept more chinese companies and loosen export rules for certain but he went on to once more say that china promises to open up its economy even further. the german business view with regards to china could be summed up as one of huge opportunities coupled with huge challenges one of the main worries is china's new social credit system as well as its own citizens the chinese government also evaluates companies using a point system and penalizes things it doesn't like german companies fear it's becoming a method of blanket surveillance and they say the system is neither clearly nor

transparently regulated. the internet is also a bone of contention foreign companies in china still have complete access to the world wide web but beijing plans to introduce laws to curtail that potentially shutting down google or twitter in china burn the old problems with fair play and market access a still prevalent despite repeated promises of improvement german companies say they are still discriminated against in china the chances for major concessions in these areas have never been as good a trade war with the u.s. has china under pressure economic growth there was a direct order low in the 2nd quarter so there's a serious need for foreign investment. it's a rare commodity if not the shepherds of the mountain kingdom of lawsuit to provide the world market to their animals wool and mohair keeps the necks and hands warm and cold winters western luxury brands are eager to get their hands on the stuff but lately business has been bad as

a new law forces the shepards to sell to one broker exclusively one from china many are saying he won't have it. is better known for its tall mountains and a vast number of sheep but now there is a small revolution taking place in the tranquil mountain kingdom a year ago a chinese entrepreneur was granted the valuable monopoly for trading wall and since then farmers say that they are not being paid among them is caught saying was sure sure he has become the leader of the protests. big. greed and corruption. is political because a politician order is the boat. for the people the chinese broker stone she lives in the most expensive hotel in the capital mazar and never goes out without his bodyguards we confront him with the sheep farmers accusations. we think

so this problems and there we have finished the payments to the fatherless and now the fun of us is a happy with us what is strange is that this warehouse is nearly empty we are told that many farmers refuse to deliver their wool here the chinese company seems to have excellent contacts within prime minister thomas to barney's alba sue to convention party it is guarded not only by private security forces but also listen to policemen and beijing apparently also plays a role the chinese embassy has tried to make its influence felt but the trade minister strongly denies any corruption. yes it is that what they're doing is right you have to protect these gentlemen is doing she didn't know it so the government over this will do. with the food the minister of trade but they went to china to ask these gentlemen got any just yet. but it's not just the shepherds who are

suffering mohalla feet moti army is a wool dealer but for the past year he's been unable to sell his stocks because of the monopoly. i have had to lay them off that made me angry when they get into countries which is that. they change the legislation to be able to dominate that i do not accept that at the beginning of july thousands of shepherds marched to the parliament in the capitol it was one of the biggest protests in the history of the suit to they staged their protest in front of a parliament building funded with loans from china and built by chinese companies just like the new exhibition center and the residence of the prime minister. in the evening we sit down with court signing the shepherds and the organizer of the demo suddenly it is announced on the evening news because of the protests licenses have been granted to other brokers but quote sun still does not believe in

a breakthrough. for a 2 for this. this is just a cover up it could take months before new traders can so wall until then it remains the chinese monopoly the shepherds will still be rebels defending the room cause. now to some of the other business stories making news. chinese internet conglomerate is to buy a luxury goods platform for $2000000000.00 the purchase as part of attempts to secure a nice segments of the online retail market. china's central bank has loosened its reserve prime requirements for commercial lenders freeing up a $126.00 a $1000000000.00 for lending its beijing's latest effort to stimulate a slowing economy the e.u. has responded to pressure from the european steel industry by reducing

a rise in the code of foreign steel allowed into the block from 5 to 3 percent the sector has called for increased protection to 2 u.s. tariffs on steel. in a highly competitive global market that's long saturated innovation is the key sound sun has promised to usher in a new age of foldable is in the smartphone sector the 1st of its kind of vailable and south korean stores from tomorrow and presented at the if a consumer electronics show here in berlin. one touch on this smartphone turns into a topless the samsung galaxy fold is one of the novelties at europe's biggest consumer electronics show after lengthy delays due to cracking screens the model goes on sale this month the price a hefty 2000 euro's. when you are putting out and you can see like content is just incredible so. divisional cues coming from social media videos. it's just

incredible so i think as we break the foundries of new technologies new full bottles will point and she was to use it in different ways. here at i.f.a. you can try out all the new high tech stuff nearly 2000 exhibitors are showing off their products including t.v.'s that are bigger sharper on hooked up to the internet of things. another trend smart home appliances from a customized refrigerator to a wardrobe that also cleans your clothes welcome to the future competition among the manufacturers is intense but trade conflicts and fears of economic slowdown mean selling the future is not all a breeze. thanks for watching. alexander

one more of our series on tomorrow today we want to see what he saw to experience what drove the journey from america following in the footsteps of the great scientists. last stop beyond the movie and the river in trouble

for its unique biodiversity mob of tomorrow just next to. the dentist film festival. director who takes pride in astronomy line. and we can look forward to some quality movie. is streaming good for film and bad personal. benefits such as the. 30 minutes on the w w. d.t. you know that 77 percent. are younger than 65. that's me and me and. you know what time the voices.

on the 77 percent talk about the stuff. from politics to flash from housing boom boom town this is where they are. welcome to the 77 percent. this weekend r t w. welcome to your weekly dose of science beyond tomorrow today. our journey in the footsteps of alexander from humboldt continues to the orinoco river in south america. in the neighboring amazon basin huge fires are raging but

not all blazes are necessarily bad for the environment. climate change isn't just affecting the rain forest how can we future proofed.