the nanny from down under from exhausting on possibilities. and that's it for this news program business news with chris kober is up next so stay tuned and don't forget you can get all the latest around the clock at our website you dot com and follow us on twitter at t w news. rooms are a. symbol of a long conflict in the philippines. between the muslim and the christian population last when players fighters occupied the city center in 2007 team president to church's response was told. by

a different. name the color of the. green conquest turned into tragedy is not the kind of freedom that we want. how did we become a gateway to islamist terror. an exclusive report from a destroyed city. phyllis in the science of ah yes starts october 24th on d w. for us tariffs this time not for china but europe the transatlantic trade spat over airplane subsidies takes office billions of dollars in u.s. tourists e.u. specialty exports like wine cheese or ham also coming up g 20 leaders discuss new forms of digital payments but a watchdog group warns even alternatives to bitcoin could hamper the fight against

money laundering and terror financing and why british art galleries are setting up in paris to take a look at things go all piling exhibition. i'm chris cuomo welcome to the program a new round of tit for tat terrorists the united states has begun imposing levies on 7 to have $1000000000.00 worth of goods from the european union the world trade organization approved the punitive measures for subsidies that the e.u. gives airbus planes yes originally went back to the w t o back in 2000 for the duties affect a long list of products like wine cheese or ham the european commission has a list of counterterrorist it wants to impose on u.s. goods as washington subsidizes airbus rival boeing now those new u.s. tariffs on e.u. products kicked in on friday let's take a closer look at how those duties of 25 percent agricultural products impact one of france's most popular exports why. in the boat should

a vineyard say this year's harvest has been better than expected despite the frost and trout now it's time for a final taste before the wine is released to the world but this year success some traditionally its biggest export markets the u.s. is by no means guaranteed. that we have folks and that is the 1st time that we've had a 25 percent increase in one go is a bit of a sucker punch. dominique gets 10 percent of his turnover from the states he's relying on good relations to keep importers on side. in another famous french wine region makers of burgundy hoping their reputation for the highest quality will see them through the tariffs the bone for example is known to connoisseurs around the world. your wine industry offers more and more interesting products from more and more countries so we can predict how american consumers and american

traders are going to react to such a sharp increase in prices. at a failed attempts to get the start date of the tariffs put back wine producers have to adapt to a tougher route into the american market. well for more let's cross over to our financial correspondent in new york sabrina kessler sabrina these levees are intended to hit the makers of the french wine as we saw scotch whisky or italian sheens how are u.s. consumers responding to the measures. so it's more than clear that these measures will make a range of european the products more costly for you ask consumers a plate of cheese for instance that currently cost you about $45.00 will put you back $60.00 soon having said that the u.s. carriers appear to be selectively chosen to hit premium items that while here the

u.s. consumers could continue to afford even at higher prices but still if you have a look at mainstream society people will definitely be hit in their pockets as soon as the current stock of products are sold out and products with tariffs ah put in place now the european union has already said it would retaliate and may win the right to do so next year when the w 2 is set to rule on illegal u.s. aid for boeing are the 2 sides likely to try to resolve the big dispute before it comes to the. so brussels has consistently communicated that the european union is ready to work with washington on a fair and balanced solution and also rather light ties of the u.s. trade representative said the u.s. is aiming at resolving this issue but we all know donald trump and his preference for pressing hard so as long as we don't see any concessions from the european union trump will think to his guns and may impose tariffs on european cars for instance sabrina kessler reporting from new york serino thank you.

now the spread of currencies could have serious repercussions for worldwide efforts to detect and stamp out money laundering and terror financing that's according to a paris based financial action task force to talk big was on the agenda of a g. 20 meeting at the international monetary fund in washington on friday many of those leaders have expressed growing unease about the spread of unregulated cryptocurrency political and financial leaders back to the idea of the introduction of so-called stable coins as a possible alternative. a washington correspondent pablo foley has more on this story pablo what exactly is a stable coin and how does a differ from other cryptocurrency. microsoft well

a stable coin has many elements of crypto currency in that you've got that ease of transaction the privacy which comes with the crypto currency out there but the big difference is that stable coins it says it in the name gives a level of stability because it's often pegged to have for example a commodity in the sense a could be pegged to the price of of gold or it will be paid to a currency a currency of course being for example the euro dollar or the yen and and of course that is the big difference because let's not forget that crypto currencies come be quite volatile and the aim of this is to stabilize the value of this stable coin. but despite this aim of this currency being more stable it's not like there wouldn't be any criticism about it. no you're absolutely right i mean today i was on you know a meeting here of the g 20 finance ministers they gave their evaluation at after

a meeting which was held earlier today here in the building behind me and i'm going to read a quote from them and it's quite telling because what they say is that the global sable coins and other similar arrangements with potential system systemic footprints give rise to a set of serious public policy and regulatory risks they went on to say you know it can cause some concern because they could be used for money laundering illicit financing consumer and investor protection need to be evaluated and appropriately addressed before these projects can commence operation that gives a very clear answer to everybody what their opinion is they want to look at it when questions were put to japanese finance minister in fact who had come out of that meeting and answered questions he was very hesitant to really say whether they were going to approve or whether were something that the greed with they said that they needed to look further into it before as you know stable coins will become something that we're going to be using more and more and facebook rolled up its

cryptocurrency liberal which some consider a stable call and when will this become a common method of payment. well that's the $1000000.00 question there christophe because i think in some ways what the g 20 statement said sort of answered that in many respects they said they wanted to evaluate it it's meant to come in in the middle of next year but it looks like that may or may not happen at the moment and the g 20 finance ministers made a very clear like i said they want to evaluate the situation more look into it more and then they'll make a decision down the line pablo foley is reporting from washington their public thank you. now to some of the other global business stories making news police have clashed with protesters in lebanon demonstrating against the government's handling of a financial crisis countries because protests and years were triggered by plans to impose new taxes they continued despite the government announcing it was scrapping

a new tax on what a calls after days of rolling power cuts south africa has unveiled its plan power plan for the next decade by 2030 coal is slated to fall from 80 percent of the power makes to $59.00 and wind and solar power will together jump dramatically to supply about a quarter of national power output. france has opened its 1st ever floating solar energy plant which is also europe's biggest the 47000 panels on a large manmade lake generate enough electricity to supply almost 5000 households operator cool energy says the floating panel concept could produce enough electricity nationally to supply 3000000 homes. the uncertainty about the time and manner of britain's exit from the european union affects all sectors the art world is no exception artworks have become

a kind of unofficial wealth storage facility in recent years with prices for some masterpieces into the hundreds of millions so what about london's renowned art world well like the banks a lot of them want to make sure they're able to trade with the e.u. after bracks it so many have hile tailed it for paris galleries david still no launched his new space in the hip monday district in early october timing it with the international contemporary art at the compound a the f.i.a. see all feedback it's grown from a local affair to a prestigious event featuring $178.00 galleries. but we have a lot of clients. the moment was right or so but what is happening in the u.k. the european outpost here is important to the gallery as well. the art sector has joined the multitude of businesses worried about the impact of brags that the white

cube gallery with branches in london and hong kong will be opening a space in the matter in your district of paris next year let's address some pretty common with down the political situation in england has not improved through the past year so actually having a full told in continental europe is an advantage for a gallery like ours or to get a government. breaks it would also make moving artworks back and forth between britain and europe more costly and time consuming one gallery said if it gets too inconvenient she would close her london operation. that's a show thanks for watching a very. plain

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solutions by global ideas be in by a series of global 3000 on d w and online. after the fall of the berlin wall nov 9th on d. w. . you're watching tomorrow today the science show on d w coming up this week up up and away with a lighter and cleaner aircraft of the future. valuable composite we need a scientist who creates lightning to recycle concrete. and to carp

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