the w t o said national security issues did count as a reason to impose this. and the reason that it's important is that it's the first time that the w t o has addressed this issue of national security. over to you does this ruling support the u.s. president's position siding security concerns when it comes to terrorists. well let me read you two headlines that i saw today after the ruling so that gives you a certain idea one headline is reading russia wins w t o national security case a potential boost for drama and another headline this w t o defies was historic ruling on national security itself obviously it could work both ways what is one important question how do you define national security. that's in the eye of the ball holder how it works here in the u.s. so far for example when we talk about potential terrorists for car import so usually there is an investigation in the case of the terrorist by the commerce department and then the president so to speak gets the result of the investigation then the president can make a decision and if congress for examp

well under the rules of the w t o the united states complained that the air bus was getting subsidies in europe the europeans counter complained that their competitor boley was getting subsidies in the united states the w t o has done in mostly year investigation and found both claims were true in other words both both parts of the world the u.s. and europe were violating the w t o agreement that they signed in terms of providing these subsidies by the way it's a footnote that people should recognize that the violation of these rules is a normal regular part of what countries do to each other so that one will look one of them calls the other one a cheater it's a little bit of a game since they're all cheating in any case now what happens is the two sides can hit the other side with tyra as an offset to the subsidies which hurt their ability to compete and that's what you're seeing you're seeing the europeans telling the americans ok now we the w t o has found the you to be subsidizing your airline so we're going to hit you with tariffs just like you're threatening us it looks like we'

well as the w t o's says both parties have broken international trade rules both parties have been heavily subsidised over many many years and both parties have been too eager to implement w t o rulings over the years but now it's the us administration which is changing the rhetoric robert like ties the trade representative. makes sure that. those questions over airplane makers are mixed with the general american trade agenda which is well an agenda of america first whatever the cost whatever the political fallout. airbus shares reached a record high on monday out damaging is today's news. well shares an airbus at the moment this morning here in frankfurt around about two percent lower we should not forget that of course boeing at the movement is in deep trouble because of the grounding off this seven three seven max airplane this morning reports came in from indonesia where more of the family families of the victims of this plane crash. lie an airplane crash tobar are saying that they are going to sue boeing and from china it's been reported today that a large leasing for has put orders f

in a statement w t o director general referred to us that they had o. he cited familiar international trade tensions for the revision by the same token the w t o set of problems resolution of those fights could remove that downgrade pressure on trade growth the deputy also had some retrospective bad news cutting their estimate for a global trade growth for last year to an even three percent that's down from three point nine. more fallout from tuesday's decision to buy an s. four hundred missile defense system from russia which we reported earlier well now the u.s. department of defense the d o d has canceled the delivery of a quick.

is as there would be in a no direction and a completely different customs and tariffs ranchman a w t o scenario so there's been very solutions have been suggested one of them would be that for a period northern ireland remains in the u.k. would agree in a short term sense for the northern german in a customs union of sorts with the e.u. but that obviously raises the hackles of brigadiers and the unionist community and it's also not quite clear that function or even if that would be allowed under a w t o rules if the new show would allow that so it's a really difficult question to answer and at the moment no clear solution has been found ours are sold in force and doubling our thanks very much for some of the other stories making news at this hour wiki leaks says its founder julian assange is to be expelled from the ecuadorian embassy in london the whistleblower website tweeted that ecuador has an agreement with the u.k. where a song just arrests a senior ecuadoran official has denied that the song's been holed up in the embassy since two thousand and twelve to avoid extradition to swed

the european commission has also said it will be speaking to the w t o arbitrator to get them involved in this. but the commission is starting preparations so that the e.u. can promptly take action based on the arbitrator's decision on retaliation rights in this case the european union remain. for discussions with the united states providing these without preconditions and a mf'er outcome. we've also heard from the e.u. in regards to that figure that eleven billion dollar figure same for them that that is a gruesome exaggerated figure and that's echoing what we've also heard from us which is course at the eye of the storm in regards to this airbus is also sees no legal basis for these u.s. proposals these tariffs on european products adding that it also had taken all the measures that it was asked to comply with according to a w two your report that came out in two thousand and eighteen this is what tells us how to say. we don't seen a legal basis for this all this is leading to a necessary trade tensions and shows that the only reasonable solution in this long tree dispute is a settle

is as they would be in a no direction and a completely different customs and tariffs ranchman a w t o scenario so there's been various solutions have been suggests that one of them would be that for a period northern ireland remains and that the u.k. would agree in a short term sense for the northern term in a customs union of sorts with the e.u. but that obviously raises the hackles of regs here isn't the unionist community and it's also not quite clear how that function or even if that would be allowed under a w t o rules if the new show would allow that so it's a really difficult question to answer and at the moment no clear solution has been found are solving for us a doubling our thanks very much. ok let's get the german perspective on that visit the used book of correspondent kate brady joins us now in the studio good morning kate as we heard there from mars are giving being given a lot of leeway by by on the macro at the same time there are considerations very very firm ones you're in berlin about what germany what the american wants to see from our lives in the event of a new

and china are discussing between themselves but as it stands right now with the w t o china saying you know what we've got some people on board with us and that includes india also a developing nation happens to be the world's biggest economy countries like venezuela so they want to fight this fight the u.s. is saying come on let's be fair here surprisingly china to a certain degree is ok we kind of get your argument but we still want our cake and eat it too so that we'll see how this moves forward and we talk about seventy five percent of the countries in the. status it's going to be an uphill battle for president yeah that technology you mentioned that's why so many companies don't want to bring their technique. you always want to piece of it are to correspondent alex the hell of it i think i stepped on your name the first time thanks so much appreciate you feel or think you. know there is a major media merger news out of the us today gizmodo media group they have been bought from univision communications by the private equity firm great deal partners gizmodo owns well known english

in a statement w t o director general referred to us of eight zero he cited familiar international trade tensions for the revision by the same token the w t o set of problems resolution of those fights could remove that downgrade pressure on trade growth the deputy also had some retrospective bad news cutting their estimate for global trade growth for last year to an even three percent that's down from three point nine. more fallout from tuesday's decision to buy an s. four hundred missile defense system from russia which we reported earlier well now the u.s. department of defense the d o d has canceled the delivery of equipment needed to operate f. thirty five fighter jets made by lockheed martin through a spokesperson the department said this quote pending an unequivocal turkish decision to forgo delivery of the s four hundred deliveries and activities associated with the stand up of turkey's f. thirty five operational capability had been suspended reuters reports that the d o d is trying to sell turkish defense officials on a patriot anti-missile system made by raytheon as a substitut

twenty eighteen and the trend is continuing with an even lower number expected this year however the w t o expects a return to over three percent growth in two thousand and twenty if the disorderly brags it can be averted and a trade conflict between the us and china gets resolved recent talks between washington and beijing raised some hopes that no further punitive tariffs between the two will be implemented and existing ones loosened but that is by no means a sure thing the us has recently threatened china with more tariffs in the case of no one green meant. joined by the chief economist of the world trade organization robert kaufman a scope on thanks for joining us on the w. business what is actually worse brags that all the trade spat between china and the u.s. at the moment. well there both bad but i would have to say that the global nature of the global impact of u.s. china and u.s. actions on other countries is probably going to have a much bigger impact than brics although brics it will have a very concentrated impact on the u.k. and the e.u. so you know it's. six one half dozen of

and eighteen and the trend is continuing with an even lower number expected this year however the w t o expects a return to over three percent growth in two thousand and twenty if a disorderly breaks it can be averted and the trade conflict between the u.s. and china gets resolved wesen talks between washington and beijing raise some hopes of no further punitive tariffs but that is by no means a sure thing. and joined by the chief economist of the world trade organization robert cope on the scope on thanks for joining us on your business what is actually was bragg's it all the trade spat between china and the u.s. at the moment. well they're both bad but i would have to say that the global nature of the global impact of u.s. china and the u.s. actions on other countries is probably going to have a much bigger impact than brics although it will have a very concentrated impact on the u.k. and the e.u. so you know it's. six one half dozen of the other probably a little bit worse on the global side us china in concrete terms what are your findings what can we expect. well our findings are b

blaming political instability caused by the us china trade and the mayhem surrounding brics it and the w t o isn't the only body sounding the alarm. the world's leading financial institutions say the global economy is in a delicate position that it needs handling with care the international monetary fund says the trade conflict between the us and china is to blame specifically we have looked at what might happen if tariffs on all goods traded between the u.s. and china went up by twenty five percentage point point that would entail a reduction of g.d.p. of point six percent for the united states. and one point five percent for china. do the math. it was a self-inflicted wounds that should be avoided in regards messages clearly aimed at american and chinese trade representatives in the weeks now they've been trying to find a solution to their simmering trade conflict the clock is ticking and international economists hope the trumpet ministration will heed the warning. now despite the i.m.f. warnings there is some good news to figures from the asian development bank shows asian economies poste

need to better addressed unfair trade practices and distortions in the system including through a w t o. system reform. and we need to avoid self-inflicted wounds including tar ifs and all the barriers it would be on those areas are having a real effect on trade the i.m.f. expects the world economic growth rate to decline this year to three point three percent god also warned the developing countries are not benefiting from growth in industrial nations to the same extent they have in the past. joining us now is our washington correspondent al the first holiday he was at the i.m.f. world bank news conference i'll have a good see you now the guard's warnings there against punitive trade measures but of a side swipe at donald trump no. well she did not mention donald trump's name and neither did she mention the united states but it became pretty clear what she was actually talking about when she said that one of the major topics here discussed at the spring meetings are political risks and the role they play for the global economy and she she then also suggests that a variety of policies t

boeing up with of mentions of its own both sides filed suit with the world trade organization and the w t o's says both sides subsidies are on lawful. france's finance minister is calling on both parties to find common ground. to go to war the situation of course will want to see the situation in global growth as in i don't think we can afford to have a trade conflict even if only on the specific issues of the aircraft industry in the united states and europe so i'm pleading and in washington in a few hours for us to reach a friendly agreement between europeans and americans. or community it will be but the trade relationship between the u.s. and e.u. has been anything but friendly in recent months trumps punitive terrorists on steel in aluminum imports from the e.u. has soured the relationship as has his repeated threat to increase the levy on european made cars. joining us now is our financial correspondent yes court on wall street welcome good to see you now is this threat enough to qualify as a further escalation of trade tensions between the u.s. and the e.u. and how damaging do you thin

need to better addressed unfair trade practices and distortions in the system including through a w t o. system reform. and we need to avoid self-inflicted wounds including tar ifs and all the barriers. it would be on those areas are having a real effect on trade the i.m.f. expects the world economic growth rate to decline this year to three point three percent but god also warned the developing countries are not benefiting from growth in industrial nations to the same extent they have in the past. as to our top story here are. issuing documents ahead of its much anticipated i.p.o. and let's get more on that where our financial correspondent conrad who isn't in frankfurt conrad is poised to be one of the biggest i.p.o. zynga years yet is not making any money how does that go together. that's job dropping kristoff that's jaw dropping in particular for conservative market people conservative investors who are used to evaluate companies according to their earnings of course for them they cannot really believe that a company is so bold to come to the market make its offering and say hey it'

organization says global trade is expected to grow at a much slower pace this year than previously thought w t o analysts have lowered their growth forecasts for twenty nineteen to only two point six percent from three point seven percent. trade organizations general secretary.

organization says global trade is expected to grow at a much slower pace this year than previously thought w t o analysts have lowered their growth forecasts for twenty nineteen to only two point six percent from three point seven percent the world trade organizations general secretary who passed away as if they had all said this should come as no surprise to anyone. in twenty seventeen go.

need to better addressed unfair trade practices and distortions in the system including through a w t o system reform. and we need to avoid self-inflicted wounds including tar ifs and all the barriers it would be on those barriers are having a real effect on trade the i.m.f. expects the world economic growth rate to decline this year to three point three percent god also warned the developing countries are not benefiting from growth in industrial nations to the same extent they have in the past. to talk more about the challenge for the world economy i well come to the studio fed and fish here is a professor for macro economics at berlin's university for applied of applied sciences sorry welcome to the program foreign and are you worried by the i.m.f. straw's or pessimistic view of the world economy. it doesn't worry no more any more than anything we've seen over the last few months we've seen a pronounced slowdown over the course of two thousand and eighteen and this continues into two thousand and nineteen to be frank i'm not sure the i.m.f. is actually pessimistic because the i.m.f. a

growing international economic and trade relations china is an active supporter and participant of w t o reform and will work with others to develop international economic and trade routes of higher standards. further. we will work harder to ensure the implementation of opening up related policies we chinese have a saying that honoring a promise carries the weight of gold. we are committed to implementing multilateral and bilateral economic and trade agreements reached with other countries we were strengthen the building of a government of rule of law and good faith a binding mechanism for honoring international agreements will be put in place. laws and regulations will be revised and improved in keeping with the need to expand opening up we will see that governments at all levels operate in a well regulated way when it comes to issuing government permits and conducting market oversight over the whole and abolish unjustified regulations subsidies and practices that impede fair competition and distort the market where we're treated all enterprises and business entities equally and foster

it's a bad deal we should leave without a deal on w t o terms are numbered. well she's very vulnerable she's already said she's going to go. nearly everyone is expecting a totally did she prediction in the near future and she said she would go more or less agreed to be if a deal with real authority she can rejoice in the cauldron and control what happens in the house of commons. could told her own cabinet members of hoops just go their own way and vote it's a please. see that she really is a lame duck prime minister however. you know she's there and she could remain there until december but that depends where the cat after another stinging defeat theresa may hopes to bring her deal to parliament for a fourth attempt that vote might happen within the next twenty four hours and it will likely dictate not only the future of bragg's it but the prime ministers as well. breaks it. right two years of investigation in one key revelation donald trump did not collude with russia in the two thousand and sixteen election the four page summary of special counsel robert mi

so bad to do we should leave without it to you on w t o terms international relations professor alan scad says trees amaze that days as leader are numbered. well she's very vulnerable she's already said she's going to go. nearly everyone is expecting it to be dated she predicted in the near future she said she would go more to us to be judy if a deal with paul so it was and she still raw but she's lost all real authority. majority in the coleman and control war has just been way inverted so please. she really is a lame duck prime minister however. you know she. could remain there until december but that depends will the cabinet get together decide to tell her to go all together. or not or another stinging defeat theresa may hopes to bring her deal to parliament for a fourth attempt that vote might happen within the next twenty four hours and will likely dictate not only the future of baghdad but prime ministers as well. breaks it. two years of investigation and one key revelation donald trump did not collude with russia in the two thousand and sixteen election the four page summary o

be chelsea we want to be sheffield wednesday we want to be in the third tier we want to play in the w t o rules we want to be part of an emerging market why would you voluntarily leave the top trading block in the world to enter into the fringes of the global economy well i don't agree that that was what happened we we just want to become a self-governing free trading nation with accountable leaders the problem with the p.a why supporting the european union it's like it's growth is a name it germany is in recession there's no. accountability and it's leadership it's not democratically accountable it's led to mass unemployment across the whole of southern europe how can you support an institution that downs that i can support . the australian dominant i'm no fan of the e.u. but i've lived in the u.k. and what i see the u.k. government doing to its own citizens is atrocious it's deplorable it's anti-human rights it's disgusting it's a pathetic and it would have people there's no cause. the two should there's no rights there's no free speech rights you know i tried to do journalism in the u.

products adding that it's also had taken all the measures that it was asked to comply with according to a w t o a report that came out in two thousand and eighteen this is what tells us what to say we don't see no legal basis for this all this is leading to a necessary trade tensions and shows that the only reasonable solution in this long tree dispute is a settlement which is something we have said since the beginning meanwhile here in france we've been hearing from front finance economy misapplying the america he's been talking about the fact that they needs to be a friendly solution to these trade wars between the e.u. and the u.s. it doesn't look like that is something that's going to go down well. we asked economist and author stephen keim how he expects the e.u. to react and which u.s. industries it might target. dealing with trump is a totally different experience of dealing with any any president previously those would bluster but then that would be negotiated by the diplomats this would have been almost decided by choice so they know the only way to pot is to fight back directly and i'

roberto azevedo he cited familiar international trade tensions for the revision by the same token the w t o set of problems resolution of those fights could remove that downgrade pressure on trade growth the deputy also had some retrospective bad news cutting their estimate for global trade growth for last year to an even three percent that's down from three point nine. more fallout from tuesday's decision to buy an s. four hundred missile defense system from russia which we reported earlier well now the u.s. department of defense the d o d has canceled the delivery of equipment needed to operate f. thirty five fighter jets made by lockheed martin through a spokesperson the department said this quote pending an unequivocal turkish decision to forgo delivery of the s four hundred deliveries and activities associated with the stand up of turkey's f. thirty five operational capability had been suspended reuters reports that the d o d is trying to sell turkish defense officials on a patriot anti-missile system made by raytheon as a substitute for the s four hundred well meanwhile the turkish fo

proposals adding that it had already taken necessary measures that were outlined in the w t o report that was released back in may two thousand and eighteen this is more of what airbus had to say. we don't see no legal basis for this all this is leading to a necessary treat tensions and shoes that the only reasonable solution in this long tree dispute is a settlement which is something we have said since the beginning. and offering perhaps an olive branch was the french finance minister today brooke you know lemaire saying that it was in the interests of both the e.u. and the u.s. to keep these talks friendly whether that will happen is yet to be seen sallah thank you for those details will no doubt be coming back to you later in the day for now our correspondents piece all over in berlin in paris thank you. now the u.k. government claims it's going to have the toughest internet laws in the world and a plan outlined in the online harms white paper it suggests penalizing or even blocking websites have found to take down potentially harmful content covering everything from child abuse

products adding that it's also had taken all the measures that it was asked to comply with according to a w t o a report that came out in two thousand and eighteen this is what tells us how to say we don't seen a legal basis for this all this is leading to a necessary trait tensions and shows that the only reasonable solution in this long tree dispute is a settlement which is something we have said since the beginning meanwhile here in france we've been hearing for france is finance economy minister plea no lemaire he's been talking about the fact that they needs to be a friendly solution to these trade wars between the e.u. and the us it doesn't look like that is something that's going to go down well. for life to our guests now political analysts palaver a phony welcome to the program once those who have you with us at the side for making a few new enemies how likely is it that the trumpet ministrations move will bring the u.s. economy any tangible benefits. well i have serious doubts that through these kind of measures the u.s. economy may benefit in any way the u.s. economy would be much be

put on paper the principles that are already reflected the in the w t o the. i.m.f. and other organizations china just wants stability. that is why the chinese economy is huge. the internal market is growing of course but still. what china can produce to do you think is mostly intended for international markets and gradually of course little by little internal consumption will also grew as people become more wealthy in china but today china wants to sell its products on the international markets and it's only natural that many other countries do the same for example the swedish economy is export oriented old the german economy it's also export oriented. and china is just bigger and it has more products so what does china have to do. with when china faces certain the restrictions and attempts by certain countries to slow down its development what does china have to do in this situation china has to strengthen the fundamentals of international economic relations international trade and create conditions for promoting these goods how should china do this it should devel