lo c. has announced congress will start an official impeachment inquiry into president donald trump the investigation will focus on whether trump abused his presidential status by asking a foreign power to undermine democratic presidential candidate joe biden. they're watching the w. news i'm william blue cross up next stephen beardsley with the latest business news after this short break statement. from children of. save the. oval. to the real world. what's the connection between bread flour and the european union the nose gear contest d.w. correspondent and the baker john stretch this weekend lined with the inspired sex

by the dean of. tots. instructing recipes for success the strategy that made a difference. baking bread on d w. a stinging attack on chinese trade practices u.s. president donald trump makes his case for the ongoing trade war with china and spooks investors in the process. also on the show pay off or get out that's the message for stranded thomas cook travelers around the world will have the latest on the travel giants the mas and the triple effects. and the no deal breakers it is nearing to show you how you border agents are getting ready. this is your

business report i'm stephen beard simply lent thanks for joining us u.s. president donald trump has delivered a stinging rebuke to china's trade practices speaking at the u.n. general assembly trump accused beijing of breaking promises made since joining the world trade organization as of the ongoing trade war trump said he would not accept a quote unquote bad deal suggesting a prolonged impasse between the world's 2 largest economies china and let's bring in our market correspondent in new york yes i'm guessing that investors may have reacted to this speech and there clearly has been a reaction and the u.s. president actually had a long list with him there was the talk of a mess of trade beriah there was the accusation currency menu palatial an all for force to transfer the technology and transfer and then also the theft of intellectual property in

a heavy scale so on top of it he also criticized some of the big social media platforms and we saw a clear reaction all those companies that are in the midst of their trade dispute between china and the united states semiconductor companies for instance are also companies like caterpillar belong to the bigger losers and then on top of it we also got to be a reading of consumer sentiment and then all the chatter about the impeachment inquiry as so well that was actually too much for wall street in bear for it was a down day here on tuesday right there for us in new york thank you now of course world leaders have been gathered in new york to compare climate action plans this week the host country the u.s. remains a climate challenge greenhouse gas emissions jump to 2018 with a growing economy and the american fossil fuel footprint is also growing one reason

is shale oil. this is how franking looks in the western state of colorado shale oil and gas captured by fracturing the surrounding rock with high pressure liquid fracking is put the u.s. of a top of the world's crude suppliers american fields now produce more than $12000000.00 barrels of oil daily that's allow the u.s. economy to realign less on oil imports and it's giving the country new bragging rights over one time oil partners. we have nearly 100 years worth of natural gas and more than 250 years worth of clean beautiful coal we are a top producer of petroleum and the number one producer of natural gas we have so much more than we have thought possible we are really in the driving seat. but critics like the organization oil change international warned that the fracking boom in the u.s.

leads to an enormous c o 2 emissions and the chemicals in the pressurized liquid are harmful to the environment. and i'm joined now by hike a book she's a financial journalist in new york and author of a new book on the u.s. oil economy hi thank you for joining us there is the debate over fracking in the u.s. but it's not really about the carbon footprint is it no not really this is more on a local level where environmental issues have been debated for some time but the bigger picture issues like climate change and c o 2 emissions are not so much yeah causing controversy here in the u.s. you writes in your book that the current us administration is enacting changes in u.s. energy policy and encouraging the growth in fossil fuel production making changes that might not be easy to reverse in the coming years or in subsequent

administrations what do you mean by that. well the fossil fuel industry is literally digging in for the next decades i'm in we're seeing pipelines dozens of pipelines being built hundreds literally hundreds of free fineries and chemical plants being built as we speak and there is something of a plastic belt emerging. in the former rust belt those regions that have been seeing manufacturing losses in the past decades now as the discussion over climate change grows everywhere including in the u.s. is it possible that markets might start to push out some of those dirtier forms of energy production this plastic belt for example as maybe consumers go elsewhere what do you see when you look at the u.s. . well it's hard to see how that fracking genie will be put back into the bottle and at least for now there seems to be no 1 limits on the

missions or maybe a price to c o $2.00 emissions here in this country and so i don't see a market based solutions as of now and you and i talked about this earlier actually a number of fracking firms shell oil firms are going bankrupt at the moment that's sort of a story line that we see why is that when it seems like shell oil production has only been going up. well the frak is actually more of the winners off the financial crisis because wall street's attention off the 2008 turn to the oil field and they took on. really big that loads and so they need really high prices and the oil market because of the fracking oil that has come into the market hasn't been really delivering on the higher oil price up to up to now and so they're struggling to pay back that

but that doesn't mean that fracking will go away for financial reasons at all or it's those in changing investment strategies from wall street but still insist on fossil fuel production in the u.s. booked a financial journalist there for us in new york thank you very much over to europe now where one day after the thomas cook bankruptcy the outlook of one of the travel operators airlines con door has improved the governments of germany as well as the state of has provided a bridge loan of 380000000 euros to keep the carrier flying jetting desperately needed liquidity into the otherwise profitable company condor was founded in 1055 and has been a full affiliate of thomas cook for a decade. meanwhile things remain difficult for thomas cook travelers all of whom just want to get home. going to be in earth is upset 1st his hotel demanded a 1000 euros to cover his room bill money he had already paid to thomas cook then

he had to spend another $200.00 in $1000.00 euros for a flight home to munich. just paying left and right always paying i have no idea where the money should come from. and yet he still doesn't know how we'll get home it's quite ironic because being not paid for an all inclusive trip so he wouldn't need to worry but the carrier for his trip is currently not operating flights from majorca. british tourists and my your cousin seem to be doing much better than the germans those with thomas cook bookings are lining up at check in counters the british government has sent help and is still trying to arrange return flights for everyone left stranded. tourists all across the mediterranean island are desperate sabina is from the german city of start and has booked a 4 star hotel what was supposed to be a special treat turned into a nightmare on monday. i went to buy some water at the supermarket next door when i

got back my room key wasn't working anymore. at the front desk they told me i had to pay for my room to get back in for the whole estate not just for the 2 remaining days. she told staff she needed her money and some medicine from her room and she packed up her belongings and ran she found a cheap room elsewhere for the remainder of her stay less that sure is of course. sabinus trip is about to end she's planning to fly home on wednesday but it's unclear whether her flight will operate as scheduled or if she'll have to pay again for an alternative. british exit from the e.u. without a deal is looking more likely by the day and that has e.u. countries preparing for long lines at the border one of them as friends take a look. there are no long lines to be seen here at the dress rehearsal for

a no deal breck's that france has prepared itself for the emergency with a new digital board a system. of the regs that will have to reintroduce border checks even if the e.u. and britain don't impose customs duties exporters and importers will have to fill out forms again you can use our system to do that on line in advance. they just scan in the barcode and continue on their journey if you see some promote and. only certain items like food will be physically examined at the border hundreds of border guards a getting ready not only do they intend to prevent waiting times they also hope to cushion the adverse effects of brecht's it after all kalai is the main hub for trade between the e.u. and britain invest in the what do and of course we know that if future tariffs are imposed. our business could suffer with especially of companies started exporting

or importing less between the e.u. and britain ubiquiti meat is a little but we've made it our business to be prepared that we played that clip and we are even for a no deal breaks it breaks it but it still up in the air if the new board a system will actually go into effect at the end of october. and that's it for me and the business team here in berlin and of course 5 more on these and other stories online at d w dot com slash business i'm stephen there's in the lead thanks for watching.

her. small skill in superior to change. people making it possible to go to africa. fantastic right. as they set out to save the environment. to learn from one another. and work together for a better future. d.w. . course to find peace and accommodation.

about the flight from in the 1st. 101st miami. the last minute nations more than a 100 years ago. secure and affordable housing is becoming a scarce commodity. made in germany in 60 minutes 2. fall of the berlin wall began before november 989. physically heroes of eastern europe. we talked to those began the struggle for freedom those few showed her small courage all of them no good but no schooling gone no telephone

poll from most of you know you've been in the school we have political didn't surprise me i saw it coming 10 years before but sure how much. does it take to change the course of history. raising the curtain starts september 30th on d w. hello 2 and welcome to all our viewers around the world we're glad to have you with us while the latest edition of our environmental magazine eco africa and i'm especially pleased to introduce to you my new partner sandra it's a great pleasure for me to present the program with you signed up. thank you so much thank you for the one love come i am found out you know feel coming.