it's rainy and but the project is controversial. also coming up the game's afoot interpol has issued a red notice for the arrest of carla scold one lebanon and take action against the former news on oh. this is the w. business i'm on in berlin welcome what a difference a day makes fresh from yesterday's 1st day optimism as markets reopened for a new trading trading here day 2 is looking much bleaker news that a u.s. airstrike killed a top iranian general ratcheting up geo political tension in the region has struck fear across trading floors worries over iranian retaliation and further instability and the crude rich middle east have sent oil prices soaring the missile strike that killed iran's most powerful military leader custom soleimani marks a dramatic escalation of tensions between the united states and iran the white house and pentagon confirmed the killing saying the strike at baghdad airport had

been carried out under a direct order from the president the u.s. airstrike sparked concerns over an escalation of regional tensions that could disrupt crude supplies on news of the assassination brant crude rose just over 4 percent spiking at 69 $1.50 a barrel that's its highest since mid september when saudi oil facilities were attacked briefly slashing output in the world's top exporter by half asian stocks indices were broadly lower after the strike investors turned to safe haven assets such as gold swiss francs and japanese yen as they brace themselves for repercussions. let's bring in our financial correspondent willy bartz in frankfurt orly fears of escalation of conflict escalation in the region clearly have investors who now what action do you think they want to see from iran and the u.s. at this point. well clearly some indication that there's not going to be the kind

of escalation that people fear and that can get quite out of hand if one side reacts too quickly and too harshly to the other side at the moment i don't know if that's a very realistic expectation or hope but certainly that's what people are having their fingers crossed for because of course there's so much at stake there's talk in the market of quite drastic scenarios a possible stock market crash if the situation worsens a possible war another war in the middle east which would of course dampen the prospects prospects for all concerned let alone the prospect of the people in the middle east scary scenarios they are so do you think this news will have a lasting impact on hopes of a rebuilding the global economy after all the have wreaked by these trade wars. well let's assume that the situation stays where it is the oil prices have risen

a bit but they're not progressing towards $80.00 or beyond and there's no war that ensues no no more fighting no more escalation then of course you can get back to normal and say we have progress on u.s. china trade that's very very important for the worldwide economy. and the phase one deal signing is to be expected on january 15th but of course it hinges on everything else being in place and the markets and the economies the people making decisions and companies not being words worried about other things in the oil price that you know is such a central element to the world economy determining how much people may come much firms make airlines corporations across the world how much money consumers have to spend. thank you really bartz there in frankfurt. greece cyprus and israel have signed a deal for an undersea pipeline designed to move gas from the eastern mediterranean to europe the east medline is intended to provide an alternative gas source for

energy hungry europe which is largely dependent on supplies from russia the new trilateral pipeline project comes amid tensions with turkey over its own activities in the area. the signing is a defining moment after 10 years of talks between israel cyprus and greece they want to build the longest undersea pipeline in the world the construction they estimate will cost $6000000000.00 this is a story before israel because we're becoming an energy exporter for the 1st time in our is true but it's also. i believe this story for the. partnership and alliance in the eastern mediterranean the almost 2000 kilometer long pipeline will transfer up to 12000000000 cubic metres a year from israel's offshore gas reserves to cyprus the greek island of crete to the greek mainland and then on to southern europe it's expected to supply 10 percent of the use natural gas needs. the project could also accommodate future gas

finds in waters off cyprus and greece where exploration is underway but it's under heavy scrutiny from turkey turkey is laying claims to large tracts under greek in cypriot control in 2018 turkey sent exploration ships to waters that are part of cyprus accompanied by warships turkish president wretch up to a pair to one said repeatedly no project in the eastern mediterranean can proceed without his consent the u.s. however backs the trilateral project according to the israeli energy minister the building of the pipeline could take up to 7 years that means it's going to be a long time before israeli gas will be flowing to europe. after interpol issued a red notice to arrest former nissan renault executive carlos go in on thursday lebanese officials now say is due to be summoned by the country's public prosecutor next week and then almost unbelievable escape go and jumped bail in japan earlier

this week and fled to lebanon to avoid trial there on charges of financial misconduct the question now is whether golan will face any sort of legal proceedings at lebanon and whether that would satisfy japan. everyone wants a picture of the man that might be here at his house in beirut but carlos gone has been a no show so far journalists from around the world are hearing clued in some reporters from japan the country he scraped and there are wild theories about how he might have done it on thursday the japanese police searched his empty house in tokyo for clues japanese news agency kyoto even speculated that go on was smuggled out of these heavily guarded house inside a musical instrument case gone was well respected in the auto industry japanese prosecutors accuse him of stealing some 5000000 euros from the auto maker if convicted he would have faced a long jail sentence but last spring he was allowed out on bail goan was banned

from leaving the country it's believed that help has brought him to the concise airport where a private jet was waiting for him gone says he planned his exfiltration all by himself however some experts say professionals must have been involved. in there are a few. in general the profile of people who know how to organize exfiltration is like this one are often former civil servants or servants of the state who know how to do its filtration zz. go on was flown from japan to turkey since he landed there police have arrested 7 suspected collaborators 4 of them pilots and other private jets transported him from his turnbull to beirut it all reads like a secret agent thriller all the more reason why reporters want to see go and reappear. for more i'm joined by basil already head of r d

w studio in beirut doesn't walk us through what happens next if we go to some into the public prosecutor's office what will happen when we go on trial in lebanon. what we know and to dismiss. it but he's also what it is will not listen to talk you know what we know from some kind of sources in lebanon guarding the public or state prosecutor. going into the gate the next week and according to our sources this won't happen on a b fold 'd the press the release of this confidence by a source on on the 8th on this now we don't have specific time with this press conference might be have according to our sources the public or state prosecutor might ask. not to have such confidence so often this moment

all what we know that the probe went to progress as soon as the. digital. received the. notice from the at a point now prosecutors are also looking into allegations that go on funneled funds from the sun to a dealership in the middle east could that have been to lebanon. we have too many. rumors to flog off news in lebanon some local newspapers t.v. channels local t.v. channels i mean they all mentioned some of these some of the saudis but yet nothing from state department all from the judge in lebanon as i said the minute he broke and went into progress 2 days ago but still there's nothing yet but what are the people of lebanon making of the going case large scale protests have been

ongoing against corruption and the excesses of the wealthy what do they think i'm gone. because say they. didn't have it won't come in lebanon the lebanese public is divided between some agreed and welcomed him they think that he's a man who can they can cross and he might take some some post in lebanon might help to help the economy a situation which is ailing failing economy right now. others believe that knowledge he is. they don't they didn't was come because they said. maybe get corrupted on some of the legal issues related to him she needs to do some regional countries and i don't lebanon so they think that he's not welcome to he has he must go into the. house audited to

see whether he's convicted or ruction or all the. nations not. so i media in beirut there for us thank you for your reporting. ryanair says it's preparing for further delays to the delivery of its boeing $737.00 max airliners as one of the world's largest airlines ryanair has ordered $135.00 of the jets the airline was meant to receive almost 60 by the summer ryanair c.e.o. michael o'leary told the german business magazine he added that it's possible ryanair will only get the 1st shots in october the boeing 737 max has been grounded worldwide since march following to a fatal crashes which claimed 346 lives. that's it for me and the business team here in berlin thank you very much for watching.

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airport city managed by from a bought. game played. this is e w news live from by the iran from mrs hall for a tally ational for us as strikes that killed a top brainy and general the pentagon says the drone strike on baghdad as it was to prevent future arabian attacks the assassination also come on the customers tell it money is a dramatic escalation all the middle east tensions. also coming up devastating

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