of german industrial giant siemens joe kayser told you that his company is rebuilding for power plants in iraq because securing availability of electricity is probably iraq's biggest challenge right now we know that the grid is under tremendous stress. iraq urgently wants to ramp up oil production oil sales which account for more than ninety percent of the country's total revenues generated close to fifty seven billion dollars in two thousand and seventeen the donor conference comes just two months after iraq's declared victory over the so-called islamic state. south african president jacob zuma resigned this week during his tenure the country saw its bond rating downgraded to junk status and with its second largest city cape town quickly running out of water trust in the country's ruling elite has plunged. growth has declined steadily from more than three percent seven years ago to less than two percent in recent years one of the weakest rates for all of sub-saharan africa. is really thrashing at the moment stability is pretty difficult so you. just before the big say the country is n

joe kayser told t w his company is rebuilding for power plants about securing the availability of electricity is iraq's biggest challenge at present. the conference is taking place just two months after the country declared victory over the so-called islamic state it's not the government is hoping will convince international businesses that now is the time to invest in the country's future. and will try to get to our reporter in a moment to talk about that as called for his first u.s. president donald trump was clear from the very beginning on how global trade should be done it should be fair and that means that america needs to benefit now he's acting on that considering a range of options including tariffs and quotas to address still an alum in human ports he says unfairly hurting us produces. the president met with lawmakers at the white house to determine whether to slap tariffs on foreign steel imports from countries like china trump insists that new tariffs on chinese steel would be fair and the word reciprocal is a very important word we have countries that are taking advantage of us t

joe kayser told t w his company is rebuilding for power plants about securing the availability of electricity is iraq's biggest challenge at present. the conference is taking place just two months after the country declared victory over the so-called islamic state it's not cheeseman the government is hoping will convince international businesses that now is the time to invest in the country's future. and i would have your thoughts on valentine's day millions of people buy into it with millions of love as around the world getting bouquets of flowers now with europe in the grip of winter if you were lucky enough to receive a bunch chances are your flowers came from somewhere sunny like kenya in fact they cut industries to the country's economy the competition from neighboring ethiopia is putting the business. at the syrian flower farm in central kenya all these stem to beauties are processed by hand from harvesting to bundling to packing for transport. tonnes of flowers are prepared for market on these work tables. the company's director hamish kerr runs a well organized and highly efficient op

joe kayser pointed to market trends in his defense of the cuts. the declining market for fossil fuels is not temporary it reflects the expectation of a dramatic development which we can and must address with structural measures. siemens is planning to shed a total of seven thousand jobs worldwide mainly at its power and gas division half of those cuts are said to be in germany. for the workers affected it's a bitter pill to swallow especially at a time when siemens is posting solid profit overall. now the share of the u.s. federal reserve janet yellen is due to step down when her term expires at the end of this week yet it was the first woman to head the federal reserve took up that post in february twenty fourth teen legacy includes slowing down the quantity of easing regime which have criticized ben bernanke introduced in twenty fifteen she also raised interest rates for the first time in seven years jerome powell will succeed yellen and he's not expected to rock the boat too much with his views aligning closely with yemen's. well let's bring in

joe kayser told you his company is rebuilding four power plants he said securing availability of electricity is probably iraq's biggest challenge right now we know that the grade is under tremendous stress. and the us secretary of state rex tillerson announced a three billion dollar loan from ex-im bank to help the country rebuild. the funds that we've announced that we've already committed and that we announced today there were are committing our all around stabilization in iraq and syria this is the first step that then provide the conditions for reconstruction. we have to first restore the basic utilities and keep the area safe and secure in order for reconstruction to begin the conference is taking place just two months after iraq declared victory over the so-called islamic state it's an achievement the government is hoping will convince international businesses that now is the time to invest in the country's future. earlier in the day tillerson laid a wreath at a gulf war memorial a reminder of just one conflict iraq is hoping to leave behind as it braces itself for what it hopes will b

joe kayser told t.w. his company is rebuilding for power plants about securing the availability of electricity is iraq's biggest challenge at present. the conference is taking place just two months after the country declared victory over the so-called islamic state it's not the government is hoping will convince international businesses that now is the time to invest in the country's future. europe has entered the race to clinch a lucrative rail contract in one of southeast asians busiest corners the three hundred fifty kilometer long high speed line will connect the malaysian capital with the island state of singapore the trip takes up to five hours by car the train would cut travel time to just ninety minutes one and a half hours pretty amazing stuff companies from china and japan will be bidding for the project and a new powerful european consortium formed by a french company all sturm and germany's siemens as part of with a malaysian firm to place a bid they're also partnering up with an italian and a

joe kayser pointed to market trends in his defense of the cuts. the declining market for fossil fuels is not temporary it reflects the expectation of a dramatic development which we can and must address with structural measures. seem and is planning to shed a total of seven thousand jobs worldwide mainly at its power and gas division half of those cuts are said to be in germany. for the workers affected it's a bitter pill to swallow especially at a time when siemens is posting solid profit overall. now the share of the u.s. federal reserve janet yellen is due to step down one had term expires at the end of this week yet it was the first woman to head the federal reserve took up that post in february twenty fourth teen legacy includes slowing down the quantity of easing regime which have criticized ben bernanke introduced in twenty fifteen she also raised interest rates for the first time in seven years jerome powell will succeed yellen and he's not expected to rock the boat too much with his views aligning closely with us. well let's bring in our

joe kayser told you his company is rebuilding four power plants he said securing availability of electricity is probably iraq's biggest challenge right now we know that the grade is under tremendous stress. and the us secretary of state rex tillerson announced a three billion dollar loan from ex-im bank to help the country rebuild. the funds that we've announced that we've already committed and that we announced today there were are committing our all around stabilization in iraq and syria this is the first step that then provide the conditions for reconstruction. we have to restore those basic utilities and keep the area safe and secure in order for reconstruction to be again the conference is taking place just two months after iraq declared victory over the so-called islamic state it's an achievement the government is hoping will convince international businesses that now is the time to invest in the country's future. earlier in the day tillerson laid a wreath at a gulf war memorial a reminder of just one conflict iraq is hoping to leave behind as it braces itself for what it hopes will be

joe kayser told t w his company is rebuilding for power plants about securing the availability of electricity is iraq's biggest challenge at present. the conference is taking place just two months after the country declared victory over the so-called islamic state it's not cheeseman the government is hoping will convince international businesses that now is the time to invest in the country's future. and it's back over now to thank you so much talent well the leader of the opposition in zimbabwe morgan has died of cancer at the age of sixty five the announcement was made by the vice president of his political party the movement for democratic change. was his party's candidate in the controversial two thousand and two presidential election losing to robert mugabe. they are contested the first round of the twenty two thousand and eight election winning almost half of the vote they claim to have won a majority they held onto office until deposed last november. and for more we're joined by. a hearing from harare thank you so much for being with us we know that child died in the clinic in johannes

joe kayser told t w his company is rebuilding for power plants about securing the availability of electricity is iraq's biggest challenge at present. the conference is taking place just two months after the country declared victory over the so-called islamic state it's not the government is hoping will convince international businesses that now is the time to invest in the country's future. or visit the coming clothing and fisherman to protect the fish. to the winter olympics at kung chong day five off the games and a snowboard legend has added another gold medal to his tally jonathan crean from both says it is here to tell us all about the action welcome jonathan and the fine to bottle shaun white has done it again yes the flying tomato services but have course i'm very short of these days and has been before but here is an action now he was behind going into this is for a run but it really turned on the style that trysting turning back to back jumps it's just incredible to be able to do that and then this is his signature move. and see what it means to him just the relief as well. and he wa

joe kayser told t.w. his company is rebuilding for power plants about securing the availability of electricity is iraq's biggest challenge at present. the conference is taking place just two months after the country declared victory over the so-called islamic state it's not the government is hoping will convince international businesses that now is the time to invest in the country's future. well for more on this now and to understand the scale of the reconstruction need. joins us now now she traveled to iraq on several occasions and reported from there good to have you with us i give us a sense about the scale of the deconstruction that well as you mention him and i've been to iraq several times. one of the more recent times has been in march of twenty seventeen right when the battle to liberate mosul was going on we were we were not we did not go inside the city of during during the fighting but we were stationed about twenty kilometers out at one of the camps where. the residents of mosul were coming o