come to the right place. in 60 minutes. go home or saving google ideas tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions by global ideas being by a new series of global 3000 on d w and online. the u.s. china trade war hits wine makers in california and while donald trump claims a great trade deal is coming soon producers and one of the world's most renowned wine regions are seeing sales in china fadeaway. also on the shoulder iran is forced to ration gasoline as the country's economy keeps getting hit with u.s.

sanctions. and air pollution is driving people in india's capital into special bars just for a breath of fresh air. it's time for business on the w m how yet again us welcome to the program there was much talk this week about progress in the u.s. china trade talks but there was no real progress while investors and analysts keep waiting for a deal consumers are not american products like californian wines are losing the battle against goods from other countries that are now cheaper for chinese customers. it's one of the world's premier wine regions the not the valley and surrounding vineyards produce about 95 percent of u.s. wine exports but donald trump's trade war is making these wines too expensive for chinese customers since the trade dispute began china has raise tariffs on american wines 3 times in retaliation for u.s. tariffs. family run went to vin yards is proud of its more than

130 year legacy but the company has invested heavily in marketing to chinese consumers but they're now choosing cheaper wines from other countries. we could no longer compete especially with countries with free trade agreements like chile and in all strictly are 2 largest competitors how can we compete or wasn't it was no longer even playing field. this wine shop at a beijing market has seen sales of american wines drop to. quality isn't enough the price is too high. only. california is great wine country but because of recent trade issues they raised the tariffs so now american wines are very expensive they cost one 3rd to 2 thirds more than before so sales have fallen a lot. so i don't want. us trade representative's

have announced several times that a great trade deal with china is on the way but for california wine makers are the glass is looking half empty. all right for more on the ongoing trade war we are now joined by d.w. financial correspondent host who is they are on wall street had high hopes and is good evening to you well there's been a lot of buzz this week about a trade deal with china officials saying they were very close then others saying talks were stalling then others today saying they were very close again what's the deal. well basically the next month i would say it's going to be key even if it's going to be achieved to be ready and signed by december 15th which is there when the next round of targets is expected to heat up $160000000000.00 worth of chinese consumer products it is a still unclear if trump's administration will be willing to forgive the leverage unless there is a novice certainty that china will comedian implement any compromise that you have

to keep but also the negotiations going forward we needed to have in mind it's one deal will be only around 60 percent of the total agreement according to trump these means that the real deep issues let's not forget subsidies the structural reforms or what way would have to be tackled after the spot of deal is dan so there is still a long way to go before we can say that the trade war between us and china is over now has a breeze you were mentioning it it's only a skinny deal so even if this deal comes to fruition it won't resolve all the issues of china and between china and the u.s. what would a potential deal mean for producers like the ones we saw in the piece. it is hard to say for now details are crucial to. the fates of wine and we are still like that information even if china would compromise or to buy up to $50000000000.00 of us i would cultural products and only

a stronger suggested it will be difficult for deals to happen immediately also what has already heard a bold economies audit already in place so let's not forget that the u.s. has imposed duties on chinese products worth of $360000000000.00 so it's not only about not it's collating partner it's about deescalating and the problem here is that mistrust is the still really there are long ball delegations so it's difficult to see this time a skinny deal that will completely erase. u.s. is the only way to make sure to keep china accountable but also trying some predictability is that does not help you know the a situation how we are. breaking down the current status of the u.s. trying to trade just good for us thank you very much for some years and i guess we continue. u.s. sanctions against iran are proving effective as they are significantly hurting the country's already struggling economy on friday the iranian oil ministry announced

gasoline will now be rashed. iranians are already queuing at tehran filling stations out of a price hike in the introduction of rationing on monday after that motorists will need a russian car to obtain 60 liters of petrol a month at a subsidized price of around 12 us cents a liter every extra liter will cost a lot more until now all petrol prices have been held down by subsidies but no longer to tehran in iran everything depends on fewer prices if it goes up overnight next day rents go up as well as other living expenses i really believe that it will paralyze society especially in the working class. that in about. an issue it will be good for the government because it's going come from fuel will triple. the government urgently needs cash u.s. sanctions have slashed output from the world's 4th largest oil producer nearly

3000000 barrels a day to under 1000000 state revenues have fallen correspondingly but it's also an attempt by tehran to prevent petrol smuggling many iranians sell their cheaply acquired petrol for a handsome profit in neighboring countries. now to some of the other business stories we're following for you chinese communications company while way is the latest to release a fully foldable device that is a smartphone when folded and a tablet when opened out the while wave made x. has a 6.6 inch screen on one side and a 6.38 inch screen on the other on the phone as folded out becomes an 8 inch tablet . delivery platform cycle breeds and rub hub has prompted some restaurant chains to launch locations without dining rooms they have no cash registers and no tables at which to eat either digital orders are a major growth area for many so-called ghost kitchens that prepared meals without giving customers the option to dine on site. britain's labor party the

opposition party says it will nationalize british telecoms brought that network to provide free internet for all the pledge caught markets by surprise stocks tumbled initially but later recovered labor says it's over say overhaul of the telecom sector will be paid for by raising taxes on text firms like google amazon and facebook and using its green transformation from. iceland's biggest fishing companies sam harry is accused of bribing the namibian government for the permission to exploit its waters as a consequence to namibian ministers have already has resigned but now the scandal has also reached iceland iceland's fishing industry is in choppy waters the country's biggest fishing firm some harry is accused of bribing the namibian government for the permission to troll its washers. house middlemen know it reminded me in a uncomfortable way an old fashioned colonizers who exploit the weaknesses of

a country's government. the allegations were made by former employee turned whistleblower your hunnish stephon son who leaked thousands of corporate documents to a team of investigative reporters iceland's minister of fisheries says the blame likely needs to be shared. there's never only one person who's responsible in this kind of situation. authorities in iceland say they'll work together with their namibian counterparts to investigate the allegations in the meantime some harry's boss has stepped down pending an internal company probe. alarming levels of air pollution have once again forced india's capital delhi to close schools this friday residents are desperate for clean air and as usual some have turned the crisis into a business opportunity. by night a hazy glow descends on delhi as electric lights mix with the acrid smog but just

metres from the polluted street there's now a place for people who want a breath of fresh air people like billy who's come to the oxygen bar in the hope of being able to breathe a little more easily. than the heart more to do here well it's all about keeping my heart healthy without unpolluted oxygen that's very difficult you can drink purified water but the air is not something you can control however here i've found 1009 percent oxygen and they're doing their best with fortunate for this quarter and for those. with a variety of different flavors billy can get a gulp of near pure oxygen for $500.00 rupees or around $7.00 per 15 minute session the oxygen bubbles through colorful aromatic liquids before being breathed in the effects are unproven but with air quality in new delhi hovering between poor and severe plus since late october billy sees it as worth a try the bar's owner a.j.

is confident of the benefits. of you read a check you have to offer when i checked recently the air quality index was showing at around 642 which is extremely dangerous for your health this session helps a lot in that it detoxifies the body and reduces the impact of pollution or the carbon your inhale and it also energizes the body and makes you feel relaxed. and as billy demonstrates there's a variety of ways you can get your oxygen fix at delhi's only. bob well you step inside for a breath of fresh air. and that's all for this edition of the daily business you next time take care and buy.

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language ahead not often this keeps me and could help but uniquely to entrust the face you want to know their story. her finding and reliable information for margaret. and now to look at male sectionally which was affectionately as you can. slap a mere putin in the middle of his election campaign in the year 2000 a documentary was filmed for russian television but director vitali munster's challenger in. much more that we didn't turn the camera back on should of course. the film secretly chronicled the power grab actually everything was precisely planned and structured. featuring top supporting roles. proving criminal trespassing to the freedom of russia.

and featuring a lead role like you've never seen before let me be clear with you i have to act in ways that i feel necessary and people who simply understand that. your 7 year old church to the ends justify the means. to terms with mrs starts december 13th on t.w. . welcome to news from the world about some culture i'll be joined in a minute by not one but 2 world class in assists and unfair twins in life and in music also coming up. quite.

bleak global musical sensations taking top prizes at this year's latin grammys. and choosing a child's name can be tricky made easier when there's a real life hero or heroine in the headlines so great is getting paul could look. unfair ridgeley from turkey but now austrian citizens are identical twin sisters with identical professions pinnace and indeed perform as a jew in concert holes all over the world they are my guests in just a couple of minutes but 1st let's find out more about them and hear them play. they've been a duo their whole lives twin musicians fair hon and fair sun and. the northern turkey in 1965 they started learning piano at age 10 and even took their 1st lesson

as a duo. just 4 years later the sisters won an international.