the ride enjoyed the journey and now an ancient tradition with a modern twist the slicing up christmas a deadlock is celebrating st lucie this day with a flotilla of illuminated kayaks about $400.00 off the bow took to the counts of copenhagen decorating christmas eve colors thousands watch from the streets and bridges a tradition that light bearing procession originated in sweden but this new movie version is not as if the new event that's growing up in arms. this is us with chris tucker but it's next have a good to. be there and david and climate change brags that sex. happiness in 3 books. for you. to get smarter for free books on. every journey begins with the 1st step

and every language the 1st word can call niko peace in germany to sunshine. why not learn with him. to stuff it simple online on your mobile and free. t.w. zealand in course. german made easy. phase one gets 2 thumbs up from the united states and china both agreed to a partial trade agreement staving off unit of terrorists on chinese goods that were set to take effect on sunday will get the latest market reactions also on the show incumbent british prime minister boris johnson takes on a decisive win in the u.k. elections nursing holds that britain's divorce from the european union will be less

messy and with the e.u. being its most important market the british auto industry hopes rex it won't put the brakes on trade. on 1st quarter welcome to the program the united states and china have announced a major a fall in their trade war and as one might have expected from u.s. president trump it had to be a quote very large phase one deal with china that washington see over the goshi ations had intensified ahead of terrorists due to take effect on sunday now it looks like they've been avoided. shoppers in the u.s. can afford to have a spring in their step new tariffs on chinese goods we're likely to hike the prices of things like toys smartphones and games console just ahead of christmas but now those tariffs are out of the picture. president tweeted to announce a very large phase one tail have been reached with china with the chinese agreeing

to buy a range of american goods he said that as a result the penalty tariff set her december 15th would no longer go ahead. the chinese also confirmed that a deal had been reached she wants after the signing of the agreement it is our hope that the 2 sides will abide by it and to deliver on the spirit of the deal by doing more to benefit the balance of trade relations and if it global economic and financial stability and contribute to world peace and prosperity together she invited. the grand vision matched by president trumps infuse the asm to begin work on phase 2 immediately but this doesn't cancel the over $700000000000.00 worth of tariffs signed off by both sides over the past 2 years they'll remain on things like chinese steel and american be. a source for more about those with our

financial correspondent yes corridor in new york yes are these tariffs that are to remain in place are they the reason why the reaction of wall street to this phase one deal has largely been muted. that's part of the reason on thursday there was hope that u.s. president don and. all of the terrorists that are already in place in the hof and that's not going to happen but we're also a bit short of some details for example of how many cultural goods for example china is going to buy and also if they need to agree to a product in the amount of $4050000000000.00 over a 2 year time span that's at least what people are estimating at this point but then we also shouldn't forget yes there was not a lot of movement on the markets here on friday of the day but during the week we had reached a new all time high so we started the session on an elevated level and then when

wall street did not get more than they already expected so therefore hardly any reaction before the weekend and yet face to talks are to start immediately according to the u.s. president and they're supposed to ensure a broad reset of the trade relations between the u.s. and china that sounds like a tall order. well you were talking face to about what about face one it's not signed yet and if i understand correctly we will not see the president signing the agreement before generated so who knows if anything might come in between after the holidays so there is this little piece of uncertainty and yes if you talk about phase 2 that's when it really gets juicy what happens to the protection of intellectual property you want to happen through subsidies for from the government for chinese corporations so there is a lot of all there are

a lot of issues on the table that might be much harder to solve than just agreeing on cutting down some tariffs and purchasing some american pork or soybeans yes korda reporting from the new york stock exchange yes thank you very much. now design of the other global business stories making news makers of popular weedkiller of life will say they are pushing for its use with in the e.u. to be allowed beyond 2022 among the firms asking for its approval to be extended is the german chemical company buyer several countries have said they plan to ban life saved because of controversial claims it causes cancer you member states have given the green light to a new climate deal to make the e.u. carbon neutral by 2050 all states voted in favor with the exception of poland which has until june to decide poland still relies heavily on coal as a energy source italy's alitalia airline has canceled over $300.00 flights after

workers began a 24 hour strike on friday staff say they want the government to draw a firm plan to save the carrier on the tahlia declared bankruptcy in may 2017 since then rome has kept it in the air with loans looking for a buyer. the decisive result of the u.k. general election moved. rypien markets on friday british voters had that the conservative party a large victory making bragg's it all but certain after years of uncertainty the value of the pound has surged to its highest point since 2016 and u.k. stock markets also gained. the conservative solid majority in parliament paves the way for britain to officially exit the e.u. at the end of january the pound rose sharply on the news hitting its highest level since 2016 equity markets welcomed the outcome but i think this very shortsighted

because in the longer run there are still lots of uncertainty there will be long negotiations between the u.k. and the e.u. on the future trade agreement so i think there is this cheerfulness today could very easily disappear but now it's at least clear that britain will finally move forward with brics it. will the german economy it's important that there is a decision concerning brics it's 3 years the companies are unsure when and how breaks that will happen now is the time to make sure that the companies have something which they can plan off and therefore the new government should decide quickly how to proceed with taxes the u.k. is departure will start a new phase of trade negotiations between london and the $27.00 remaining e.u. members if it is a free trade agreement as may be possible then the damage to both european german companies and to british companies will be limited because free trade means there

will be low tariffs on no terrorists regulatory alignments however if there is no free trade agreement then there could be substantially bigger cost particular to britain but also to the german economy with the lack of clarity about future economic ties with britain many german companies have been hesitant to make new investments since the brics that referendum. and the british car industry will keep a close eye on developments in the coming months as well with 80 percent of britain's auto exports going to do european union a lost of pen's on what kind of post preg trade deal the u.k. and the e.u. can hammer out during the transition. for many it's time to look for a plan b. to keep business going. when it comes to the topic of breakfast gregory mcdonald tends not to see eye to eye with his employees he's the managing director of car parts supplier good fish most of the workers in the group conoco plant around an

hour's drive outside of birmingham voted to leave the european union. the company employs some 130 people in 3 plants the plastic parts they produce are sold to german japanese and american car makers. for many the ongoing uncertainty surrounding directors is an increasing source of concern. all business depends on what they decide will happen as a result of drugs and they don't know themselves yet but of course we've seen some japanese. decided to close down there are lots of other people also in the that i know about that are closing or. drinking a 3rd of what the company produces goes to the e.u. and it's in the block mcdonald sees the company's future now there are fears one of the company's 3 plants in britain may have to shut down. one man keeping

a close eye on developments is paul mauer half he's from the society of motion manufacturers and traders a car lobby group he says bracks it could cause the british automotive industry to fall behind in terms of technology we've seen investment in the car industry plummet in the 1st 6 months of this year to about $90000000.00 from an annual run rate of about 2 and a half 1000000000 so just a serious concern on top of that you've had companies spending at least half a 1000000000 pounds on no deal continuously measures and this is money that would be better spent on the search and development and innovating electrification the good fish group has seen sales pull 25 percent this year. 15 percent decline in 2018 the boss says brant that is not the only reason his plans for the future are still involved the e.u. . were planning to open a plant in slovakia and we have looked at several sites and

interviewed a team of people who'd like to work with us. as soon as we know what we need to make or what our customers would like us to make for them outside of briggs it will open up in slovakia. stop presence of buttons he's also looking for more clients outside of the automotive sector for him the priority is to make sure the british plants have enough business to keep them going for years to come. and that wraps up our program for more i warmly recommend our website to your that's t w dot com slash business or our facebook and twitter and thanks so much.

stronger. clear position is one international perspective such as un climate negotiations enter their decisive phase the to this demand the world leaders get serious with evidence of catastrophic effects mounting fears the current climate

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but i stand up in which it happens to be the gentleman thinks the consumer jemma culture of looking at stereotypes the question to me is think the future of the country that i'm playing. the piano music scene will take photos grandma day out to eat it's all about a new high my job to join me to meet the devon bundy w. post touched. me. this is the news africa coming up on the program know and insights to zimbabwe's health crisis as the public die. strikes dr song he sends over iran checks hospitals. on the in mali shrinks dramatically villages depend on it for their livelihood tried to save it from drying him out completely.