well the french oil giant totalis to pull out of a huge drilling project in iran unless it gets an exemption from u.s. sanctions against project is valued at two billion dollars making it one of the biggest european investments in iran since the lifting of sanctions in twenty fifteen to tell receives ninety percent of its financing from u.s. banks and says it quote cannot afford to be exposed to any secondary sentients the company says is discussing a possible waiver with the u.s. and french authorities. well let's bring in our financial correspondent yens quarter now yes we're also hearing that german insurer allegiances at landing to wind down its business in iran tell us more about that. a spokesman from the un says quote it's saying that they're actually looking at their poet folio to identify. iran related to business and then pretty likely will wind down this part of their business but the spokesman is also saying that iran related business is minimal and that they're old still waiting for some guidance from the european union an old saw from the german government so the whole process

siemens has said it's holding new deals with iran and french oil and gas company totalis says it will pull out of a multi-billion gas projects if it can't get exemption. toto's move would be especially painful for iran. the iranian government have typed the scale of the project would embolden other international businesses to come and invest in the country. in twenty fourteen a bus full of mexican students was attacked by police. six of the students were killed and forty three others disappeared without a trace. since then investigators have determined that the attackers used heckler and koch handguns. proof that the german weapon makers guns landed in certain mexican states illegally. the german government gave the green light to sell to the mexican government under the condition that certain states would not receive any of the weapons critics however say that all parties involved knew that control over the distribution would be lost once the weapons and to the country. exports to countries with dubious human rights records have been profitable for a heckler and koch in the past in t

sanctions on iran may have claimed their first victim francis totalis says it is considering pulling out of a multi-billion dollar gas deal in iran as china says it's ready to take its place . on the former south african whites only shopping center is transformed more money changes hands here than at any shopping mall in africa we'll see why the authority for it seems happy. as the berlin walk up the chinese state petroleum companies p.c. says it's ready to take over a huge gas project in iran from the french energy concern total the two billion dollar project is one of the biggest european investments in iran since the sanctions were lifted three years ago since the us pulled out of the iran nuclear deal and threatened sanctions on anyone who continues to do business with iran china seems ready to fill the gap wants to pull out of the deal if the u.s. doesn't make any exceptions to its sanctions and he was asked to turbulence in the oil market where brant crude futures eighty dollars a barrel for the first time since november twenty fourth. in further developments the world's bigges

well french oil giant totalis to pull out of a huge drilling project in iran unless it gets an exemption from u.s. sanctions against project is valued at two billion dollars making it one of the biggest european investments in iran since the lifting of sanctions in twenty fifteen to tell receives ninety percent of its financing from u.s. banks and says it cannot afford to be exposed to any secondary sanctions will the company says discussing a possible waiver with u.s. and french or forces. well let's bring in our financial correspondent yens quarter now yes we're also hearing that german insurer allegiances at landing to wind down its business in iran tell us more about that. well i'm not a spokesman from leonsis quoted as saying that they're actually looking at their poet folio to identify pi r.n. related to business and then pretty likely will wind down this part of their business but the spokesman is also saying that iran related business is minimal and that they are also waiting for some guidance from the european union and old saw from the german government so the whole process is

. >> tucker: we are out of time, let meon just say, that's totaly untrue.tudies we will talk about a it next week, it wl be fun. we are out of time. the u.s. appears to be lurching much closer to conflict with iran, is that a good idea? will tell you next. life pocahontas -- we found one, -- she says the president's use of the word pocahontas is not a racial slur, were going to meet her in just a minute. we are excited here, we hope you are too. it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything. and that 2% cash back adds up to thousands of dollars each year... so i can keep growing my business in big leaps! what's in your wallet? sit's red lobster's news create your own shrimp trios. pick 3 of 9 craveable creations for just $15.99. you can enjoy the classics you love, along with new creations like savory crab-topped shrimp, decadent parmesan truffle shrimp scampi, and creamy shrimp and lobster pasta. your perfect shrimp plate is just waiting to be

agreement totaly's form a government soothed investors.kets with stephen and wanda. steve, looking at everything right now, let's start with the u.s. dollar. i knew you are long supporter of that. in the past few days, the dollar, is down about a percent. morgan stanley came out with a note saying they think the dollar rally is over. talk to me about your position. steve: it is always shifting there. if i put my interest rate you on air right now, it looks to me like the u.s. federal reserve board is going to raise rates this year. i think this is decisive that the u.s. economy is moving forward. there are indications that the retail sector is picking up. and there are fleeting signs the economy could start to pass through inflation. we are always expecting that. i look over to europe and the rest of the globe, we are not sing those growth metrics we had expected at the beginning of the year. global central banks will remain on hold for the foreseeable future, at least until the economic data index picks up. the u.s.probability, dollar wil