e.u. mercosur pact won't go into effect until all e.u. member parliaments give the go ahead a process that's expected to take at least 2 years. luxury carmaker b.m.w. is net profit fell 29 percent during the 2nd quarter of the year to $1480000000.00 euros and that's due in part to greater spending on technology for electric vehicles nevertheless the company is sticking to its annual forecast for this year thanks to healthy car sales like other german car makers b.m.w. has struggled to overcome the fallout from the diesel emissions scandal and the shift to new technologies. german industrial giant siemens has reported a 6 percent drop in net profit saying trading conditions are getting harder net profit is down to 1140000000 euros for the last quarter but is despite a significantly weaker environment in key markets the company's confirming its outlook for the year siemens is one of europe's biggest industrial firms makes a range of products from trains to wind turbines. now. though there we are for young people in poland the benefits of mo

e.u. mercosur free trade deal was agreed and the president of argentina's agricultural society juan jose could get on our own is thrilled at the prospects the deal opens up he sees it as a chance for all the agricultural and livestock products a country like argentina can offer not only meats and cereals but also products that face strong e.u. competition like olives and cheese. like every agreement it's about ensuring a win win situation where all sides benefit the negotiations went well on all food products maybe we didn't reach all of our goals but in negotiations it's also important to let go in order to win. by putting out. so the e.u. won't be opening up its meat production sector as french farmers had feared but it has granted america a generous cut of its market at a very low tariff. 65 kilometers south of the rural exhibition among the vegetable and fruit farmers of the le plaza communities foamers here are unsettled about what the e.u. ministers are agreement will mean for them organic farmers are especially worried about pesticide use. but it does feel the import export business inv

e.u. mercosur free trade deal was agreed and the president of argentina's agricultural society juan jose configurable know all there is thrilled at the prospects the deal opens up he sees it as a chance for all the agricultural and livestock products a country like argentina can offer not only meats and cereals but also products that face strong you can petition like olives and cheese. workable like every agreement it's about ensuring a win win situation where all sides benefit the negotiations went well on all food products maybe we didn't reach all of our goals but in negotiations it's also important to let go in order to win because of. so the e.u. won't be opening up its meat production sector as french farmers had feared but it has granted america samoa a generous cut of its market at a very low tariff. and as your business update on the year thanks for watching. i'm not laughing at the germans because sometimes i am but i was there laughing with the. many thanks deep into the german culture. to take this grandma day out. if allowed. no time rachel join me to meet the gem of a course the world i

e.u. mercosur trade agreement if brazil does not honor its environmental commitment. and federal reserve chairman jerome powell said friday that the u.s. central bank is quote carefully watching developments in the economy adding that the fed would quote act as appropriate to sustain economic expansion the fed chairman acknowledge that terrorists do to the ongoing trade work causing a slowing growth for the u.s. economy saying while monetary policy is a powerful tool that works to support consumer spending business investment and public confidence it cannot provide a settled rule book for international trade we can however try to look through what may be passing events focus on how trade developments are affecting the outlook and adjust our policy to promote our objectives while the fed announced a 25 basis point cut at the end of july the 1st reduction in more than a decade mr powell has yet to commit to another cut u.s. president donald trump was quick to respond to the comments on twitter saying as usual the fed did nothing is incredible that they can speak without

e.u. and south america the mercosur a free trade deal is the result of 20 years of negotiation but its future is now in doubt ireland and france are about the countries threatened to block it if brazil fails to address these growing environmental crisis in the. german cars could soon be sold judy free in south america a mercedes currently costs up to 35 percent more in the markets or states than in the e.u. the e.u. marcus or trade deal would give all kinds of european manufacturers a whole new market in south america which in turn could create jobs. manufacturing is not especially strong in argentina brazil paraguay and you are going to fourfold markets or members that opens up opportunities for the e.u. nonetheless brazil expects the trade deal to generate up to 125000000000 dollars in growth over the next 15 years marcos or states would benefit by being able to export more agricultural goods to the e.u. but this is problematic for even nations with large scale agricultural production such as france and ireland they have already succeeded in limiting the amount of beef markets or can import

the implications perhaps of her name is victory for the draft free trade agreement between mercosur in the e.u. but 1st let's focus on the 1st part can you account for us the market reaction on the 1st trading day after the poor results so. here are those fries will basically the reaction of the markets following the election was mainly off a shock so it really was quite surprising based on the results nobody actually said no way was expecting such a big win or by a vote of no on this following rio following the results. why did the everybody was shocked in the market by the results leading to boy significant evaluation of the base when argentina on a big drop on the all the bombs the stocks the shares everything with don't be basic. reacting to the news nobody was expecting such a difference not do a mockery you work for the sea and the way he talked for is in the. oil of cumbia most of let's change it when the following the election he was called prize but he was coarser boys on the margins were boys are brought is following following the result. turning our original currency the pace of a g