thank you if the resignation is long overdue it's the right decision and putin is long overdue to control the economy the same way he controls politics when you. pertness reportedly asked me if i do have to move to russia's national security council to work on defense and security affairs but the president appears to be leaving his own future career options open. kate furnace and has the business news next and as usual you can always check in on our website. i'm told me a lot before there's more news of the top of the hour thanks watch. every 2 seconds the person is forced to flee their home. the consequences of them to say stress in our documentary series displaced depicts dramatic humanitarian crises from around the world. for good thing we don't have time to think i didn't go to university to kill people. i mean

a handful of people feared for their lives and their future so they seek refuge abroad but what will become of you stay behind and simply. my husband went to peru because of the crisis that i wondered if he hadn't gone there we would have died of hunger running out of them. displaced this week to. inflame described a momentous step but if the face one trade deal between the united states and china more thoughtful than phelps then we'll bring you in now with us from ray and reaction from wall street. coming up mixing business and politics a new op in hong kong that you there's no which businesses are for against.

pro-democracy protests. this business i'm k. ferguson welcome u.s. president donald trump and china's lifetime you're you who have signed phase one of a trade deal it's aimed at settling a conflict that's lasted 18 months the pact will loosen some american tariffs on chinese made products sense the united states and increase beijing's purchases of american goods. this deal marks a new era for us china relations that's what u.s. president donald trump and chinese vice premier legal hate said in washington the most significant part of the phase one trade deal is a pledge by china to buy at least an additional $200000000000.00 worth of u.s. farm products manufactured goods energy supplies and services in return the u.s. will loosen some of its tariffs on chinese imports. together we are righting the wrongs of the past and delivering a future of economic justice and security for american workers farmers and families

trade union coming from the for one trade deal is good for both countries and the entire world it shows that we have the ability to act on the basis of equality and respects to handle and resolve relevant issues you're bound for. the agreement addresses more issues than had been expected china is committing to do more to protect intellectual property and to stop manipulating its currency to cheapen its exports in return the u.s. is no longer calling china a currency manipulator but the deal stops short of resolving the trade dispute u.s. tariffs on $360000000000.00 worth of chinese goods remain u.s. president donald trump calls that an ace up his sleeve for the next round of trade talks phase 2 negotiations are expected to start soon that's when thorny issues such as china's must have subsidies to state owned companies will be addressed between now and then many will welcome today's deal a cease fire after 18 months of the us china trade war which has weighed on the

global economy. for more on this let's cross right over to the financial correspondent jose luis to harrow on wall street hi lou it's a really big day with a finding of this phase one trade deal how is wall street reacting. not but so for cade some profit taking towards the d.n.o. day trading session and after to sign the deal but investors are getting user to the idea that most will stay over the coming years since that phase 2 will not be completed at least until we are done with the presidential elections here in the us there are some winners so far on paper as i from farmers manufacturers and energy companies which will sell more to china financial services benefit enormously from the removal of a specific bar yours in the asian country that is why we can explain the presence of a she could use from j.p.

morgan mastercard or visa to signing ceremony in the white house part of the deal financial service providers will be able to complete on a more level playing field and expand their services exports offerings in the chinese markets let's talk more about that finding ceremony one man who wasn't there was chinese president xi jinping paying defend his life instead i think in effect and in the us it is ignorant in the sense that it can reflect a subtle but important aspects of perception when when it comes to deal some argued that by not signing the agreement himself she somehow would say transferring responsibility to. you who basically has orchestrated to deal with the u.s. trade representative. this way if anything goes wrong in the next coming months she will not have to feel the heat directly since you. have all also by maintaining

a certain distance she can also claim victory you face one holds and place 2 ends up happening and elaine thanks so much for your insight. the german economy is losing 15 g.d.p. growth dropped to just their 0.6 percent last year down almost one percentage point that's the slowest level of growth since 2013 borderlines economy has been hit hard by uncertainty surrounding the u.s. china trade complex on britain's departure from the european union some economists also blame the government for not investing enough in digitize ations. this year's global risks for report from the world economic forum has listed extreme weather as the biggest danger the world is facing in the past it was cyber attacks on geopolitics that tended to feature as the leading long term threats to the planet but this year's report highlights a whole host of environmental concerns as well as extreme weather at the climate

known action not chill disasters biodiversity and human made environmental disasters as major threats now it's the 1st time the report's top 5 risks have all phone fallen under a single kasha grade. the report's authors have included climate change is hitting harder and more rapidly than many expected now earlier we spoke to stefan that i'm still off from the pottstown institute for climate impact research about the impact of these environmental risks. after warnings of scientists have been by and large at the north for more than 50 years we're now in a real climate emergency global temperature is higher than at any time in the history of human civilization and that means that our weather is on steroids when the climate and wherever it up in the same direction we get unprecedented weather extremes like we have been experiencing in australia recently. the other business

stories making news u.s. electric car mickey take it been told to for cobalt from mining giant glencore according to a report from newburgh new the metal is used to make batteries for electric vehicles a huge amount of plant with cobalt is mined in the democratic republic of congo where the miner has come under fire for alleged corruption. amazon boss jeff bezos has promised a $1000000000.00 investment aimed at supporting floor and medium sized businesses in india it comes just days after the country launched an anti trust probe into the company which is accused of destroying small companies and. malaysia airlines has suspended the delivery of 25 new boeing 737 mocks of the plane makers the jet could remain grounded beyond july boeing just in time it's worth any well next order is in decades. now hong kong protest movement how can only divided people along political lines is also having an effect on consumption

a new op not for businesses that do and don't support the demonstrators allowing customers to literally put their money where their man. they space 3 and dessert shop is well known for its refined dishes the michelin guide listed as one of the best in hong kong but for him one 1st time customer this is not the reason why he came here for a scoop of ice cream in the afternoon economy recently it is not. like. business with a. role something that. the post hits with messages of solidarity show this shop is yellow the color of the pro-democracy movement kim has found a place by an app that lists businesses which support the protests. coco chan and cesco have found at their business after dropping out of jobs in the financial

sector they have been supporting the pro-democracy movement since its beginning oh my god i was going to have customers came in one day and when they finished they gave us a yellow sticker and said you can put this up it's only then i realized they were from a tariff a geisha the yellow shops are high and dry one building gave. cocoa and chason have found at their pace to shop in 2015 when the protest movement started they suffered losses as most small businesses but since staff been laid did yellow that turnover is even higher then before the protest started i do other when protesters go to ace another places they need to be careful about people eva herring neck conversations but they don't have to worry about but head on that's why we've had more customers recently sometimes they even queue up outside our shot line take a says release just around the kona but those who do not support the protests trouble really wands eatery york traditional hong kong snacks has been labeled blue

the color of the pro government camp sin she posted a photo id support of the police force on facebook who've business is down more than 50 percent the moment i'm using my savings and i thought money from friends. the shop is my baby i can't just close it but right now i don't have any income i'm told it's only a protest is boycotting a business and they have repeatedly reported church with your thirty's for a leech violations lately has been to each area after husband passed away several years ago to support herself and the 2 kids now she has to take small extra jobs in the evening to make ends meet. today while more helpful tool if you ask whether i have any regrets i don't buy c.c. i think people should stand for their beliefs like it's saying it's up. it's either blue or yellow in today's home call the social divide runs through the whole city.

chip on the yamaha has warned people not to try to fit inside instrument cases as part of a social media trend called the carlos ghosn challenge the forward car bomb. from japan reportedly inside a baker box has been inspiring copycat attempts in japan which yamaha says could lead to unfortunate accident. an upset for me in the business team here in berlin for more you can check out our website www dot com slash business we're on social media to present me its good bye and take care.

conflict some missed him sebastian. china's recent celebrations for his 70th anniversary weren't quite the public relations triumph it was supposed to be my guest this week here in london is the big tent gala how does he justify china's catalogue of human rights abuses of

a continuing pressure on hong kong conflict so for. the. mysterious bits tom tally may become the biggest skiing region in the world slopes instead of pristine nature and an annoying mountain peak just blasted away. because dimmers won it so that's the bottom line. is that really true. how much tourism chemi outspan. 16 and. i think is everything challenging 1st and i mean. so much different culture

between here and there so much challenging for every. traditionalists i think it was worth it for me to come to germany. a month ago my license to work as a swimming instructor. right now our 2 children $100.00 dogs just run fast that's. what's your story take part sheriff on info migrants dot net. let china have its own walled lot what you read about the minds of most of the people all the training camp all the training starts reminds people of the situation kind of it is now all and all that very much at stake in hong kong china is recent celebrations for its 70th anniversary quite a public relations triumph they were supposed to be not worth continuing protests in hong kong.