and you know what it's time all voices. on the 77 percent be told. this is where. the 77 percent this weekend on d. w. . europe fout it would keep business with iran going to preserve a critical nuclear deal and offset u.s. sanctions so why is european investment flooding out of the country to take a look. and russia turns to turkey the 2 countries inaugurate a new pipeline to carry russian gas to southern europe bypassing ukraine. this is your new business report i'm seeing there's a billet it's good to have you with us markets around the world are breathing a sigh of relief after tensions between the u.s. and iran have appeared to settle asian indexes were up across the board on thursday

the nikkei in japan leading the way with gains of more than 2 percent on kong and shanghai were also in positive territory european stocks began the day up and oil is once again trading lower after rising on those same tensions. and i'm joined now by financial correspondent chelsea delaney in frankfurt so chelsea are investors finally trying to put these tensions aside and continue trading. they definitely seem to be here for the taxes about half a percent away from an all time high that's after the s.n.p. hit a record yesterday so investors are really definitely getting in on this relief rally as some analysts are sort of questioning if that's really appropriate at this point is this a sign of complacency just 36 hours ago we thought we were heading for the entire conflict and now stocks are at records again but a lot of investors say that they are you know cognizant that this could certainly

flare up and it has in the past but they see a lot of reasons to be positive about stocks the u.s. and china are about a week away from signing a major trade deal. central bank policy remains really accommodative and the u.s. economy the chinese economy are all looking a little bit brighter these days so there's still a lot of reasons to be positive investors say. for a children's lanie with the latest from frankfurt thank you to stay with the middle east just under a year ago france and germany created a special investment vehicle to shield e.u. companies in iran from u.s. sanctions the idea to help iran's economy and give tehran more reason to abide by its nuclear commitments it hasn't worked out european investment in iran continues to fall and can't come close to making up for the country's lost oil sales through sanctions now many iranian businesses are wondering if things will ever turn around entrepreneur your kind of don was already has shown many visitors the model of his

58000 square meter production facility he wanted to generate $500.00 jobs in the region now 3 hour drive from the capital tehran suppliers would account for another $1200.00 jobs he wanted to begin production long ago but then the u.s. sanctions went into effect the tension could be cut with a knife. and money transfers make our lives so difficult that we can't pay our suppliers and the suppliers can't even deliver the items we order. we're a german company caught between 2 worlds and we're trying to struggle our way through as i get through thick and thin. down of saudi has both german and iranian roots. he's been a successful automotive component supplier in southern germany for 30 years he initially invested 8000000 euros in games are here on special economic zone planning on entering the renewable energy business after all iran has plenty of sun

the plan was to invest much more but then the banks put the promised loans on hold what was meant to be a blossoming business landscape remained a barren wasteland and donald saadi is not alone he knows more european investors who trusted each us sure and says that they would support investments in trade with iran in spite of u.s. sanctions assurances that now ring hollow. we expected things to go wrong but we knew we had the german government's assurances and efforts so we thought we could make it work because the german government had our backs but unfortunately that hasn't happened yet doug maher bornstein from the german chamber of commerce in tehran has paved the way for many german companies interested in doing business in iran the middle eastern country has 75000000 inhabitants that makes the market interesting at least until tensions turn into

a war it's good even if we have a saying iran is not a market for beginners it's for advanced businesspeople but the advanced business people know i can assure you and they tell me to this day that the market is interesting and the efforts pay off. but only if the investments took place before us sanctions in iran donald zadi doesn't see any chance of building a solar factory he'll now have to go back to concentrating on his components company in germany let's take a look at some of the other global business stories making news. german luxury carmaker b.m.w. sold a record number of vehicles last year sales were up 1.2 percent compared to 2018 the results are at odds with an overall trend in the car industry which is facing weaker global demand. chinese inflation has hit a 7 year high due largely to the surge import prices after an outbreak of african swine flu the cost of pork has doubled as authorities struggle to contain the

disease while meeting demands. well all eyes are on beirut wednesday where the fugitive former head of nissan carlos ghosn made an explosive public appearance his 1st since fleeing corruption charges in japan it was a 2 and a half hour tirade and he pulled a few punches. in be rude carlos ghosn face the cameras for the 1st time since his daring escape from japanese justice. today is a very important day for me one that i have looked forward to every single day. for more than 400 days since i was brutally taken from my words as i knew it. during a press conference lasting almost 2 and a half hours go on claim to have been a victim of a conspiracy by those who are against his plans to merge nissan and renault. he

pointed fingers at nissan executives tokyo prosecutors and elements within the japanese state. i can't talk about what happens in the government it's about i can give you names i know that but i am it depend on i respectfully but on and i respect the us because it has been extended to me by is independent and in no way i wouldn't do anything or say anything that would make that task or difficult. the press conference was followed closely in japan goans harsh words for the country's justice system elicited an immediate response i am at that idiots will quote those that he has been propagating both within japan and internationally false information on japan's legal system and its practice this is absolutely intolerable japan's criminal justice system sets out appropriate procedures and is administered properly to clarify the truth in cases while guaranteeing basic

individual human rights go on described his decision to flee japan as the most difficult choice of his life new footage has emerged apparently showing him being transferred between private jets at istanbul airport back in tokyo prosecutors raided the offices of goans lawyer on wednesday junichiro here in aka says he was as surprised as anyone by its clients escape from japan now that he's out of the country carlos ghosn has shown he has no intention of keeping quiet about why he left and who he believes is to blame. turkey and russia have inaugurated a natural gas line connecting their countries the project opens a new export path for russian gas that bypasses ukraine relations between kid and moscow have deteriorated since russia annexed crimea in 2014 transporting natural gas through the new pipeline will be more expensive than gas a livery is the ukraine but amid ongoing political and economic disputes with kiev

russia is aiming to reduce shipments via its western neighbor but the mere putin expressed optimism during the inauguration ceremony in istanbul. supplies through to extreme will undoubtedly be of great importance play sure not only for the turkish economy and the black sea region but it will also have a positive impact on the development of many southern european countries. tork stream will transport natural gas from a compressor station near the russian town of an opera a distance of 930 kilometers under the black sea to the receiving terminal and kiera curry turkey it then continues to the distribution terminal in the town of labor costs from turkey russian gas will also be supplied to southern and southeastern europe turkey is also a part of a race to explore oil and gas in the eastern mediterranean president red chip target area one hopes is struggling economy will benefit from the new source of

energy and believes the pipeline will bolster his country's international standing and if you miss our objective is to make our country a global energy center. one of russia's long term goals is to reduce gas transit through ukraine with alternate pipeline projects such as north stream one and 2 under the baltic sea and turk stream its gas shipments through ukraine are set to drop by more than 40 percent by 2024 flying cars smart diapers and a gadget to combat stinky shoes those are just some of the innovations on display at this year's consumer electronics show in las vegas thousands of companies are exhibiting their cutting edge tech at the event where the focus is turning increasingly towards mobility. this is home i say days in visions the future of driving its concept car inspired by the movie franchise avatar features scale like

flops and technology that can recognize drivers by their heart piece it's just one example of the futuristic vehicles being showcased at sea yes. also causing excitement flying cars this model was produced by south korean carmaker and u.s. right sharing service. the 2 companies coming together to sell a dream we would be able to fly on demand just imagine their rather than fitting our lives around the lives schedule. i would like to call for this new era. of liberation from gridlock and the democratization of play others for promising liberation of a more granted kind these trainers promise a solution to stinky feast with a device that detects moisture in a shoe and activates a dehumidifier accordingly eliza's using u.v.

light and this affects 99.9 percent of all germs using infrared light as well as you can light and then dehumidifiers by using the conduction fan that reaches up to optimal 50 degrees celsius as well from flying cars to stink free shoes at sea yes the future is bright. for it something for everyone and that's it for me and the business team here berlin to check out our website g w dot com slash business and check us out on social media as well i'm seeing there's a villain let's watch. every

2 seconds the person is forced to flee their homes. the consequences to say stress our documentary series displaced depicts dramatic humanitarian crises from around the world. i didn't go to university to kill people. people feared for their lives and their future so they seek refuge abroad but what will become of course to stay behind it's

a. battle my husband went to peru because of the crisis. if he hadn't gone there we would have died of hunger about. to split stories for january 15th on. welcome to news from the world of arts and culture hollywood stars will smith and martin lawrence were here in berlin on tuesday evening for the world premiere of the latest bad boys movie more in a minute also coming up. ballet dancers dressed like chewbacca from star wars and techno point unique. stage here in berlin. and a food photographer who won't make you hungry but will make you think. for

fans of will smith and the bad boys film franchise the long wait is finally over it's nearly 17 years since the last one and now to miami detectives of back with bad boys for life so have the bad boys slowed with age well its german fans are going to find out 1st as the world premiere was here in berlin on tuesday night and will smith and his costar laurence with their. first. it's been 25 years since the 1st bad boys movie that proved will smith had what it takes for the big screen he and costar martin lawrence are back in action now in their fifty's secret. lot of good got approved it.