blocked the appointment of new judges to it when now the here opinion union china and 15 other countries have agreed to create an ad hoc appeal body to overcome the u.s. blockage and to continue to have access to an impartial and high quality dispute settlement system. amid the snow capped peaks of devils last week something of a thaw set in on the chilly topic of world trade several countries trade negotiators met at the annual world economic forum gathering to agree a way forward for the w t o system for settling international trade disputes when the us blocks the appointment of new judges in december to the w t o's body the supreme court of trade dispute appeals that body ceased to function but the e.u. has managed to agree a temporary dispute settlement system with china and 15 other countries including australia canada says korea and brazil w t o head roberto azevedo said an overall solution was still being soft but that the temporary arrangement would work for now. there were trying to fix it we're talking but we're not quite there yet and some members have conversations about some

comes to trade with africa it was far behind the confidence biggest 3 trading partners the european union china and the united states with just a fraction of total e.u. trade with africa and 2018 still with $19000000000.00 in official development united kingdom has been one of the leading contributors of development funding of which africa gets a big chunk it was 2nd only to germany and the city of london is the most significant financial center for african businesses outside the continent more than 100 african companies with a market capitalization exceeding 160000000000 a listed on the london stock exchange so what does the ukase exit from the e.u. mean for africa my colleague. is here to talk about exactly that 1st of all start with trade and investment between you the u.k. and africa. what's going to happen that he's sick well i mean of course we saw the u.k. african vestment summit which is just mentioned and of course a lot of deals were mentioned where you know announced at that particular summit so they wanted to go to start the year with a bang when it came to trade with africa and the

very unflattering comparison between the european union and china was he telling the truth. well what is certainly true is that the european union has been often criticized for having a sort of protectionist approach to trade when it comes to sensitive sectors that are important to certain countries and perhaps that is one important aspect to take into consideration is negotiating with the european union more difficult than you go sharing with china well probably yes because with china we're talking about one country and in the case of the european union we are talking about $28.00 countries that have very different interests very different problems and that of course want to protect their own sectors so any approach for a trade dispute or for a trade deal has to be considered by 28 member states soon to be 27 as we know but of course that complicates things and that is part of the nature of the european union and. in china we have to remind our viewers you know they're not finished yet phase one that agreement was signed last week but they're still these 2 so you know it lea

it is also about climate change working together with china in a unified policy with the european union for example would cover a vast majority of the world's emissions and it is also about the relationship between china and 3rd parties mainly african countries where china is a very big player and where europe is lagging behind i got merkel recognizes there for the importance for all the european countries to work together to face the challenge that china as a world power now means for the block and she wants to see europe becoming a geo political force in the world not only the bloc that we know it for merkel also mentioned breaks it today and we know in just 8 days. the begins how present has brakes it been there in davos this year. well i would say britain was present we saw some well known names like the reason may and even prince charles but bracks it wasn't really a big topic this year in davos especially if you compared to last year where it was seen as one of the big global threats to the world economy this year it seems like the world has come to terms with the fact that this i

i go how many people are there from eastern europe, former soviet union, china? bring it closer to home. venezuela, cuba. that's millions and millions of people. ... may see some really dumb stuff they can't find one person who >> doesn't that tell us all we need to know? that was the genesis of the book triggered and for those of you whof watched the view. [laughter] you can understand why we named ithe that. [laughter] [applause] because today, it is just thet view there is only one. and if you don't share that one view, it's over. you were canceled. i use that example in the book of martina navratilova an incredible tennis player. we do her growing up a similar story from my mother escaping check with macchia and lgbt activist for 35a years before it was cool. she's been out there forever and a few weeks ago she came out and said i don't like the notion of the trans- men or women and then competing against an women sport as a female athlete that is her opinion. [applause] i applauded it. i'm levelheaded i don't care what you do but when you start competing aga

necessarily going to be business as usual for europe's strongest economy also coming up the european union and china join forces with 15 other w t o members to keep the body's appeals court alive despite u.s. action to block it. and how the system of a micro credit designed to help the poor can easily turn into a debt trap. welcome to do business i want to get johnson well and good to have you with us now it's the 1st indication of how business is doing in the new year confidence among business leaders in germany inched back slightly in january a monthly barometer from the munich based if for institute fell northpoint 4 points compared with december as well short of analyst expectations on the upside manufacturers benefited from some clearing up of uncertainty in recent weeks as the u.s. and china struck a trade truce and the next steps for breck's it became clearer but confidence among service fell back the data points at a difficult year ahead.

medium-range ballistic missiles in its arsenal develop rapidly with help from the old soviet union. >>china and north korea iran has a sophisticated shorter range missile the shahab want with a range of up to 200 miles but it's personal also has the capability to reach targets not only in the persian gulf and israel but also areas where some of america's other close allies have their capitals first what they've demonstrated. >>kind of 3 the um ah this is something that's going to give them potential to reach into a good bit of europe. >>and the iranian missile divisions under the command of the revolutionary guard have perfected what experts call terminal guidance pinpoint accuracy and that doesn't apply just to ballistic missiles in last september's strike on saudi oil facilities attributed by us and saudi officials to iranian cruise missiles and drones which the iranians denied. each targets seem to have been hit in the same spot but did so with. >>you know some considerable accuracy hitting these doan's these fuel exactly where they wanted. >>that capability bring some jarring possibilit

was still there there were other countries that had signed onto it there was the european union, russia, china. however, iran now says following the death of soleimani that it will no longer live up to the limits on its nuclear ambitions. meanwhile, just across the border in iraq, the parliament there has voted to remove u.s. troops from the area now this comes as a shocking development where the u.s. military has long provided stability in the area. and it was also what soleimani d t. troops from its neighbor in iraq it's also what hezbollah and other terrorist organizao achie. seems to have achieved what he could not achieve in his life, frances. >> chris, thank you. >>> all right. bringing it back to washington, d.c., president trump is keeping firm in his stance on iran, doubling down on his threats toward the country's cultural sites, warning iran not to retaliate after the death of their top military leader. meanwhile, congress is back in session this week, and iran has been added to the agenda, of course, top of mind, as you can imagine. congressional leaders upset with the president's

the soviet union and china are -- soviet union, there it goes -- russia and china are the major actorsr realm, but iran has a significant capability which they've exercised in the past. so the answer is, yes, there are vulnerabilities no matter how much we try to patch and defend and i think this is one of the possible responses. but, again, the overall picture as you mentioned at the introduction are we safer today because of this move? and i think the answer is clearly no. now, you've got to acknowledge soleimani was a terrible guy and with a lot of blood on his hands and it was -- it's a good thing to get him out -- off the world stage, the question is the timing and the place and why now, which has created all this cascade of problems. >> i want to ask you another aspect of your job these days, which is as a potential juror in a senate impeachment trial. we learned yesterday the former national security adviser john bolton says he would testify to the senate if he received a subpoena. this is after declining the invitation to speak to the house during its impeachment process. you w

necessarily going to be business as usual for europe's strongest economy also coming up the european union and china join forces with 15 other w.t.f. .

looked a virus crisis and its possible impact on the global economy also coming up the european union and china joined forces with 15 other w t o then those to keep the bodies appeals court alive.

china trade deal the european union has cast dice over its legality the top trade official has pledged to investigate whether china's commitment to increased purchases of u.s. goods by 200 $1000000000.00 is w t o come possible the clock says it will mind a legal challenge if it finds violations now earlier chinese vice premier you who insisted the pact complied with w t o regulations let's take a listen to what he had to say they are not careful. what you are there are 2 important conditions no negotiations the 1st one is not hurting the 3rd parties and the 2nd one is sticking to the principles of the world trade organization china's imports are actually based on the market principle and the rule of supply demand. should then surprises import according to consumer demand and the supply demand relationship of the market imports will be scrupulously checked by domestic consumers so generally we believe that it won't hurt the interests of 3rd parties you michelle. to decide on the now for more on this let's cross right over to financial correspondent jose luis de haro on wall street hi jo

not find them as neutral anymore i don't call up on the international community the european union maybe china and other countries to take the lead but even the european union as you know has had a response of sorry to interrupt you even the europeans as you know have had a good response so my question now is beyond you know rejecting the this deal and saying you know it's not right what the action plan i mean what i jordan's options regarding this deal the limited how do you reject it how do you oppose it legally. well we're working i was just of the board in the council of europe who are working on issuing this statement a clear statement to the fusing such as such a deal calling upon the europeans and the international community to stand up to the values to stand up to what slight and what song the international community the opium union and any person with with a conscience and the sense of flight and the wrong must firmly and unequivocal e stand against such a plan which might be the one with the least into the unknown this is what we believe in and this is what we see there is no solutio

china trade deal the european union has cost dived over its legality the e.u.'s top trade official has pledged to investigate whether china's commitment to increased purchases of us goods by $200000000000.00 is w t o compatible the bloc says it will mind and legal challenge if it finds violations . there for more on this let's cross right over to financial correspondent jose luis to hire on wall street hi jose it's good to talk to you the ink on this deal is barely dry and they're ready its legality is being called into question what is the e.u. looking for when it comes through the fine text of this. well the key component of deal that could be subject to 2 contention as you point out will be due agreement from china to increase imports coming from the us at substantially in regard to if we assume the china does not increase the global import capacity to us china shopping list means that purchases from the us there will come the expense of other economies. several european ones so with exposure to the chinese market specially germany and france when we talk abo

china is a big market for greek goods. and agreement signed between the european union and china regarding the protection of geographical origins is important for greece. are we concerned about critical infrastructure? we are concerned. greece is one of the few european countries that is that at its core is concerned regarding 5g. and doesn't have any suppliers? its network. we are setting very clear benchmarks regarding the protection of our critical infrastructure and on that issue, i am sure we will take into very concerns voiced by the united states on these issues. >> let me open it up to our audience and take a few questions at a time. let me start with these two over here, kathy, and this gentleman over here. please use the mic. >> kathy and i lead the rockefeller foundation here at the atlantic council. and mr. prime minister, you mentioned climate change as one of the key issues you are facing and talked about your new energy and climate strategy and attracting renewable energy companies and at the same time have had heat and fires and the fire and i wonder if you could say a word or two both about the risks and opport

and of course china is a very big market for greek goods. so agreements signed by the european unionnd china regarding the protection of geographical origins for agricultural products is important for greece. are we concerned about critical infrastructure? of course we are concerned. i can tell you that greece is one of the few european countries that is -- that as far as its core net worth is concerned regarding 4g and 5g, it does not have any chinese suppliers in its core networks. so we're setting very clear benchmarks regarding the protection of our critical infrastructure. and on that issue, i am sure that we will take into very serious consideration concerns voiced by the united states on these issues. >> mr. prime minister, let me open it up to the audience and take a few questions at a time with your permission. why don't i start with these two over here, kathy and this gentleman over here. please use the mic for our i don't know online audience. >> thank you very much. mr. prime minister, you mentioned climate change as one of the key issues you're facing. you've also talked

but here is how committed is china to political union with taiwan. the fact that china was not able to conquer taiwan in the 930 s. and 1940 s. has been somehow tainting the narrative that the communist party was the only party able to unify the country and that it has as they put it liberated china. so this has been a crucial point of communist propaganda since the $950.00 s. the fact that taiwan is somewhat economically more successful now and that it is a functioning democracy is something that also. puts a spotlight damages the narrative of the communist party that it is the only force that can govern the chinese society so. bringing back taiwan of bringing taiwan under the rule of the communist party has been one of the made objectives of chinese politics ever since and she's in ping appears even more committed to that than his previous session. but here in beijing and in taipei phebe call both d.w. correspondents thank you very much. now it was just a matter of minutes that the waves came and destroyed and changed lives forever here in indonesia

and the european union, u.s.-china trade tensions could return.n addition to those, political risks are an important factor that has been raising. and fairly widespread risk in other countries. haslinda: there seems to be euphoria in the markets. the s&p keeps testing new highs. is there a risk that investors could be disappointed in the months ahead? guest: the euphoria from the market comes from the low interest rate environment. what is driving up the stock prices, very low interest rates is probably the number one factor. the one change we have seen is that three months ago it looked like earnings forecasts or more pessimistic. we are seeing a little more optimism again on the earnings side. we do flag that there are some markets slightly overvalued and some more substantially. if there were a reversal in financial conditions, that could have an impact. right now, we see signs of stabilization in the global economy and for the interest rate environment to stay the same. haslinda: there has been a call for governments to top fiscal measures to

china trade deal the european union has cast doubt over its legality the use top trade official has pledged to investigate whether china's commitment to increased purchases of u.s. goods by $2200000000000.00 is w t o compatible the bloc says it won't mount a legal challenge if it finds violations earlier a chinese vice premier insisted the pact complied with the ragged elations of the world trade organization let's take a listen to what he had to say. to reveal which there are 2 important conditions no negotiations the 1st one is not hurting the 3rd parties and the 2nd one is sticking to the principles of the world trade organization china's imports are actually based on the market principle on the rule of supply demand. enterprises import according to consumers demand and the supply demand relationship of the market imports will be scrupulously checked by domestic consumers. so generally we believe that it won't hurt the interests of 3rd parties. to the design of the the chinese vice premier speaking there and now to some of the other global business stories making headlines microsoft's ch

how committed is china to political union with taiwan. once de facto independence the fact that aging has never been able to bring taiwan under the control of the communist party has been tainting the nationalist narrative of the communist party that claims to have liberated and united the chinese nation so this is a major ideological point and all leaders since the dome have mate control over taiwan one of their key goes c jinping has also shown that he is committed to that issue and has shown the ambition to be the one leader that would bring taiwan under under beijing's cointreau he wants to go into history as the man who would then according to communist historiography have accomplished the mission of the communist party so it is one of the most burning ideological issues for beiji ok monti is burning in beijing and c.b. kong in taipei thank you both very much. finally now a 17 year old intern volunteering on a nasa program has really impressed his bosses by discovering a planet a high school student from new york was on his day at wo

reached -- for the , sawments reached there the representatives of 44 nations including the soviet union and china gather to create a postwar international monetary system. for the 730 attendees, the stakes could not have been higher. the economic experts believed the task of preventing a third world war was ultimately in their hands. the previous 30 years of history weight on them. on them. they knew how deeply indebted nations became radicalized. toy knew that the attempts reinstall the gold standard, ledh had ended in 1914, had to international financial instability throughout the 1920's. they need a fascist infection, strengthened on economic depressionand global which engulfed the 1930's, made aggressive militarism attractive effective pathway to solve economic problems like unemployment and a lack of financial resources. now, in the cracks of escalating war they were there to break the vicious cycle. what is fascinating about what one author has called the battle of brenda woods, was that it was primarily fought between two allied nations whose troops were literally dying together in normand

was so basis is lang's how those as choice today my tears just quickly how committed is china to political union we've taiwan the fact that a communist party could not conquer taiwan 70 years ago has tarnished the narrative that the communist party has liberated and united the country and it has been remained one of the major issues of communist propaganda here so really. gaining control over taiwan would be seen by any leader would would would make any leader go into history and ping has been clear has made clear his ambitions to be the leader who brings kind of taiwan under the control of the communist party this is an important ideological issue the ok my tears building in beijing and phoebe kong in taipei thank you. to athletics an anti-doping agencies are taking a more stringent approach to dealing with athletes who fail to show up for their drug tests and as a result to time london marathon when a kenyan wilson kipsang has been provisionally suspended the 6th fastest marathon runner in history was charged with what's called whereabouts 5 years by the athletics integrity unit under regulati

china is understood. a comparison may help. forget the soviet union and look at russia today as it tries to destroy the order since 1945. china has been trying to grow rich and powerful within that order. china is not a road nation like russia seeking to interfere in western democracy and invade its neighbors. as i noted in foreign affairs, china used to be a leading sponsor revolutionary and surgency a cross the planet. america is going to compete with china for the bulk of the 21st century. it will have to do so wisely in listing allies and trying to keep the competition within the international system. if we go down a path of confrontation and containment, china is powerful enough that this struggle would destroy the open international order and the open to the economy, we would end up with government control on trade technology and travel and a seizeless struggle for allies and lower level of economic growth and a danger for a nuclear arm's race and even war. with china, the challenge is not how tough you can be but how small. go to cnn.com/fareed

they tried in the old soviet union and in china in the 1950's with disastrous results, so in agriculture, the farmers process the food. people process and sell the food, and if people have problems getting it, we have everything from food banks to food stamps to help. the safety nets, but also, more for less. now, we get very spoiled from that very quickly. take, for example, phone handhelds, which are amazing. the whole world is at your fingertips. if you tried to describe a handheld 20 years ago, people would say, "oh, no, it will not happen," and now if you place a call to outer mongolia, it takes six seconds, "what a piece of crap this is. it is taking so long." you're going to see debate and what kind of system we have, but what is going to emerge if we allow it is a totally different system, neither what we had before or what you find overseas. for example, one of the things that is going to happen is in terms of drug pricing. why are things going up? you have that high-deductible plan, so you are feeling that more, but with the system we have today, it costs about $2.6 billion to

china. the pilot union is telling members to reject any assignments to fly there. so far american is only suspended flights between l.a. and china starting next month. >>> some drama on the final day of the question and answer phase of the senate impeachment trial after the chief justice refused to read a question. catherine johnson is live on capitol hill as e senate moves closer to a final showdown on these witnesses. >> reporter: one of our reporters compare the tone inside the chamber to that of a senior high school history class one week before graduation. it is clearly becoming increasingly more difficult to keep the senator's attention in this final push ahead on a major vote on whether or not to call witnesses. >> the presiding officer declines to read the question as submitted. >> reporter: chief justice john roberts blocked a question from kentucky senator rand paul. it included the name of an individual. some conservative media outlets have tried to out as the whistleblower. paul left the chamber to defend his question. >> my question is about two people

the president also reaching out to britain, france, germany, the european union, france and china toorge a new deal that includes not just iran's nuclear program but it's ballistic missile program and maligned behavior as well. listen here. > >> president trump: of the united states will immediately impose additional economic sanctions on the iranian regime. these powerful sanctions will remain until iran changes its behavior. and we must all work together toward a making a deal with iran that makes the world a safer and more peaceful place. >> trace: the president says that a new deal with iran must also allow iran to thrive, prosper and take advantage of its enormous untapped potential. the president also says he will push nato to get more involved in the middle east process. listen here. speak to the civilized world must send a clear and unified message to the iranian regime. your campaign of terror, murder, mayhem will not be tolerated any longer. >> trace: the president also reached out to leadership saying despite decades of acrimony and confrontation between the u.s. and iran,

china. and the union that represents american airlines flight attendants says they're asking all u.s. airlines to step up and try to give as much information as they can on airline passengers and u.s. airline employees so they can be safe as they travel around. >> thank you. >>> we have news out of the north bay. several agencies are investigating after thousands of gallons of red wine spilled from a winery tank and some of it went into the russian river. rodney strong vineyards are reported it yesterday. they said they noticed the blend was probably the result of mechanical failure. state that's the say more than 97,000 gallons of wine spilled. the winery believes it was less than half that. >> the first thing to do was to stop the leak. saving as much of it as possible. >> we evaluated the creek. it doesn't appear there is a lot of product remaining, which is good news. >> rodney strong vineyards and a third party contractor started pumping wine and water out from the creek and river. it is located on old redwood highway near east side road between the russian river and highway 101.

your hands seriously enough so it's starting to be more and more of a public concern here in china european union foreign ministers have agreed to look at ways to support a long term ceasefire libya but only if warring parties stick to a tentative truce they agreed to this but it could include a model train mission restarted naval operations to uphold a u.n. . alexy abroad explains. the future. of the shop is at a mock is in tripoli is being discussed thousands of kilometers away in europe the foreign ministers are trying to work out how to secure a shaky truce that's been in place in libya since earlier this month i want to stress once again the fact that we are not the state in a cease fire. we are no troops. which is stable and you know the true scum be by your naked several times a day on sunday in berlin world leaders committed to stop interfering in libya's civil war and to uphold a weapons embargo that's been in place since 2011 but the talks failed to deliver serious dialogue between the warring parties warlord khalifa haftar and the un recognized administration in tripoli. and now all ha