also coming up dima opens a new factory in moscow the comic is hoping to profit from of rapidly growing russian markets. welcome to do that the business i want to get jones in berlin good to have you with us the chinese delegation is making its way to washington for more talks aimed at resolving the country's longstanding trade dispute it is the mind's time of the two sides meeting to ion out their differences u.s. treasury secretary stephen menuhin described the last set as constructive prompting hopes that a resolution could be close but at a republican fundraising event last night u.s. president to donald trump continued to talk tough. john chronic trading abuses and theft of intellectual properties and so many other things that they've done tours i don't know how you people allowed this to happen for so many years you've been here longer than me but they really have they've taken advantage of our country. and you know what i respect them for i say it we should have been doing that to them. i was donald trump talking last night meanwhile the global economy is coming under evermore st

has been somewhat idle jaring the mobility market boom at least when compared to competitive dima but now it's investing all the more in things like fast charging batteries that only need half an hour to get to eighty five percent charge and moire is growing fast. we've got some hundred cars that we want to have four hundred in operation by the end of the year the cause of being built in the factory and two to four new cars arrive here every day. but what will hundreds of new cars do to one backstreets electric or not surely they still home the environment more than they benefit it. right sharing ignition contrite sharing shouldn't compete with buses or trains that should be an addition it's not supposed to make use of buses and trains switched cones but to lower the number of car drivers. and ride sharing can have a useful role in filling the gaps on the bus and train routes. to go. the sharing aspect just needs to work to make the concept viable the buses need to be as full as possible otherwise they could just make humbugs congestion even worse. and as a story of a brewing competit

the official opening some forty kilometers outside of moscow to say this parent company dima invested two hundred fifty million euros in the plan which will build sedans an s.u.v. he's hoping to find buyers among affluent members of russian society after years of slumping sales russia's car market is growing again. excitement is mounting ahead of the e-commerce platform i.p.o. later this month the nigeria based firm will be listed on the new york stock exchange making it the first african tech startup to be listed on the world's largest stock exchange set a prize of thirteen to sixteen dollars per share loss is expected to raise as much as two hundred sixteen million dollars to me and its operations in fourteen african countries. the textile industry has a reputation for safeguarding workers' rights here in germany retail achievable has now made headlines by calling on the government here to introduce regulation to hold companies responsible for their overseas supply is working conditions the proposal would require german retailers to sign up to a set of enforced standards development

and dima opens a new factory in moscow as russia's car market gets moving again after years of stagnation and german carmakers jostle to get in on the action. also on the shoulder trouble is brewing between fishing communities and the government as seychelles tries to boost revenues with more aquaculture and tourism. this is the w. business. model for us as western economies are struggling to maintain growth asia is powering ahead in its latest economic outlook the asian development bank is forecasting konami growth rates of more than five percent for the near future driven largely by india and china but analysts say where there's growth there's also risk the red flags might have been waving bravely at the beginning of march in beijing but the people's congress that took place then focused at first on risks and problems chinese premier league kick young blames the united states for slowing growth around half of all his country's exports to the u.s. have now been slapped with tear ups. china is the largest economy on the continent growth there is now hovering around.

helps because that reduces your potential panna the panel keys by a hundred percent in the case of dima and perhaps even fifty percent in the case of folks walk as they were at the second whistle blow in that case over all the you could find those car makers with up to ten percent of their annual revenues another rise problem from further group. oil prices had a five month high on friday and unrest in libya pushed the price of a barrel of crude above seventy dollars now eastern libyan commander hof tar ordered his troops on thursday to march on the capital tripoli escalating the conflict with the internationally recognized government events in libya have added to existing supply cards implemented in january by cartel of needing opelousas over a sharp drop in prices last. in many factories around the world robots have taken away a lot of the drudgery of repetitive work and scientists say a similar breakthrough lies ahead when it comes to tasks like monitoring small changes in health artificial intelligence is the answer but as we put machines to work doing the thinking no one wants to do

german luxury carmaker dima opened its first production site in russia russian president vladimir putin and to german economy minister were on hand to help and. is hoping that russian society still has enough affluent and members to buy the plans sedans and s.u.v.s. bloody near putin arrives at the new factory though not in a mercedes the presidential limousine is a russian built or was sent out putin favors domestic build models something him or cities will soon also be he pledged to make the new factory a success. when you get this because you see these bands will not be disappointed in how the work and business are running in russia i'm sure of this and we will do everything for it we will help our partners he says. it's a promise the german car maker hopes it can bank on russia isn't even in the top ten markets for mercy's cars but with import tariffs looming in the u.s. it has high hopes for russia with one hundred forty million people and a growing middle class immersed sadie's is a sought after status symbol here one that justifies the company's two hundred fifty million euro inv

and dima. we want to know how these companies justify this massive undercutting of the minimum wage. most of those contacted gave a similar answers. it helps with rehabilitation and reintegration into society they say. companies simply pass the buck believing they're not responsible for the low wages. it's a political question. they say the decision for lawmakers. in twenty seventeen german companies paid over one hundred sixty million euros for work done in the country's prisons. one businessman has he's cheap prison labor as competition is quite buycott he says outsourced production in prisons is destroying his business. tycoon vital to has a packaging company based near hanover business used to be good and he had sixty employees now it's just him and his wife he's lost one customer after another. this time you say prisons are unfair competition why. some companies i've spoken to have told me outright that i just can't manufacture as cheaply as the prison's can. i can only speak for my line o

dima and folks have been charged with looting to prevent competition on emissions cleaning technology european regulators are accusing the comic has of working together to limit the development and introduction of technology that would clean up the missions from diesel and petrol cars sold in the european economic area yeah legations cover the period between two thousand and six and two thousand and fourteen it means the auto giants could face penalties of up to ten percent of their annual turnover. for more on this let's cross to de w.'s financial correspondent in frankfurt ginnell it chanel thanks for joining us give us more details about what the car maker is a supposed to have done. well this appears to be the conclusion to a years long investigation by the european commission now one part of the investigation is to see whether these carmakers colluded to reduce the size of their diesel cars being the solution that helps regulate harmful nitrogen oxide emissions and the other part was to see whether they delayed the introduction of a certain kind of particle filter in their petrol

we will your next from jeff in san dimas, california. republican line.rotesti was calling to the report that was just given a few minutes ago by scott wong of the hill. that was a complete misrepresentation of the democrats demand. he is saying the democrats want as much as the report as possible. that is not true. they want the whole thing unredacted. he said representatives would accept reductions. he talked out of both sides of his mouth. he said as possible and then a minute later he saying we do not was the pages full of reductions. host: as far as that is largered, as far as the issue of william barr testifying, what you think of that? caller: testifying, he is there to testify. this was a scheduled budget hearing. he seems to be protesting is sticking to the script, as he characterized sticking to the agenda. the agenda is set by all of congress, including the democrats. this is a budget hearing. host: let's hear from patricia. patricia in iowa. caller: good morning. my comment is about the president. he definitely has the right to of any acting r