leaders at the south sports summit britain is due to leave the e.u. as early as next march. and for more let's bring in karen jones he's an economist at lancaster university in the u.k. gerund welcome to the program theresa may wants a free trade deal including goods but excluding services what do you make of. all of christophe yes it's an interesting proposal that's come out of checkers the prime minister's country residence and it's the deal that she has agreed with her own party of government in the in very different voices from different parts that government arguing for different types of breaks it and so this is a kind of compromise that they've reached amongst themselves as the governing party in the u.k. this is what the case proposing to the european union the should be essentially a common rule book that covers goods so that goods stay in something that is like a quasar single market but not for services the freedom for the u.k. to various regulations in the arena of services so it's a bit of a clunky arrangement clunky also in terms of how the the customs arrangem

as the clock ticks tensions mount over britain's exit from the european union british prime minister the reason may is determined to push for a checker's plan through but the e.u. has its own red lights. also on the program us china tries to take the lead in artificial intelligence germany is desperately looking for humans with the right programming skills. and vietnam is one of the fastest growing economies in southeast asia now it's even building its own car brand we'll show it to you. it's time for business on the w m how you get us welcome to the show with less than six months to go agreement is far from a done deal u.k. prime minister the reason may is having to continuously defend her proposal for leaving the european union in an interview with the b.b.c. she effectively said it was her deal or no deal but the e.u. has its own approach and time is running out fast. are you confident about the time is running out for the eels chief brags that negotiator michele bunny ate he seemed anxious on his trip to madrid and was reluctant to answer media questions on bragg's it talks but l

is possible if the integrity of the single market is preserved and quote in other words britain will not get preferential treatment when it comes to the single market the road to bragg's it has been bumpy so far with some experts now saying britain could even leave the e.u. without a withdrawal deal the so-called hard. leading economists are warning that would have drastic effects. it will be a shock to supply. and inevitably have a series of consequences in terms of. reduced growth going forward. increased deficit most likely depreciation of the currency and. you know in reasonably short order mean a reduction of the size of the economy several companies have already announced plans to move operations out of britain and the situation could even be worse if the u.k. crosses out of the e.u. without a deal. saying on the subject torture ban could shift up to three quarters of the estimated six hundred billion euros in capital letters currently keeping in london back to its frankfurt porters that's according to the financial times and deutsche is not the only bank looking towards frankf

now britain's imminent exit from the e.u. is already casting a shadow on british industry now jaguar is thawing down production and its plant near birmingham owned by indian conglomerate tata jaguar says it's up up to one thousand jobs could go at the same time it's ramping up hiring and production in slovakia. the city of detroit and slovakia is already profiting from brags that india's tata motors is building a factory here at a cost of one and a half billion euros tata has chosen to open a manufacturing plant where traditional british brands like jaguar and land rover will be rolling off the production line. the investment will create around eight thousand new jobs in the area. economy it's a very good economic boost for our city most people here think the factories a very positive thing because it will lead to more economic development for fear. of if you're not with. as new factory is located close to many suppliers the german company impose a for example manufactures door components it's expecting to get business from j

britain's exit from the e.u. countries continues more and more sectors are preparing for a worst case scenario that includes industries you don't immediately would think of ireland as one of the world's biggest question countries horses and everything around them is a billion euro business but irish purse eighty percent of irish thoroughbreds are sold in the u.k. and now breeders companies and almost thirty thousand employees fear their business could be hurt. there's always room for a bit of glamour. here at the leopardstown racecourse in dublin the horses are warming up. and the bookies are doing stellar business horseracing is deeply ingrained in irish culture and the industry is worth a lot of money. with an annual turnover of around one point eight billion euros it's an important economic sector for the country but there are fears that breaks it could slow the industry from a gallop to a canter the worst case scenario is that barriers are put on horses are not allowed to move freely across the border as they

of the twenty ninth of march next year the date britain set to leave the european union that could all change after breakfast at the fifty four million tons of goods traded between the two countries could be subject to new rules. what's very important is that especially also companies that trades which the u.k. are aware of the things that might change for them because no it's quite it's free market goods are going to go in free and after that it will be different because if you have to have experts and for cations if you have imports controls you have to be very proud to do that some thirty eight thousand european companies rely on trade flowing through the ports of russia or down depending on the outcome of brantford negotiations more customs officials and agricultural inspectors may be needed to monitor goods entering the e.u. all the producers but also to consumers are dependent on that they receive this trade here in in the world today and we can even after the brics it still continue the same the straits as long as all the companies are preparing themselves for the best they can.

breaks it causes an economic boom no not in britain but in slovakia where the quintessential british jack. production british factory thousand jobs will be lost. at the latest escalation of the trade war between the world's top two economies the stakes are getting higher after another exchange of tariffs china's second highest official described the state of the world as at the crossroads between globalization and globalization that's quite a claim. chinese premier league has urged governments to defend free trade after the latest round of tit for tat tariff action between washington and beijing gold also promised to improve conditions for foreign companies in china. it is indeed necessary to cooperate fairly and to maintain the principal rules of multi-lateralism and free trade because no matter how much these rules need to improve only what it offers us is inclusive of the it's progress for how many civilizations if there are issues that we should resolve them through negotiation no unilateral action stands a chance of solving the problems would. see china faces a tough balancing a

in frankfurt later talking about the future of the financial center well aware of the fact that when britain leaves the european union of march next year nandan sloss could be front for that's because off the brakes it banks and financial service providers will no longer be able to do business in new countries from the british capital many bankas based of that have already traded on their apartments on the banks of the river thames for the river mine paris is also looking to new those on the move. the awful tower the louvre gallery or the arc de triomphe globally recognised paris landmarks frankfurt can't hold a candle to them it's a room a city hall pales in comparison but frankfurt was germany's financial hub even before the european central bank was headquartered here that's why many in the city's banking district are especially optimistic about britain's exit from the e.u. . front foot it's nice to get a few on frankfurt's an important european financial center but it's also obvious that the city of london remains the european financial center it will take frank for quite some time to ta

britain's burberry fashion house says it will stop the controversial practice of burning millions of dollars worth of overstock products to preserve its high prices and up market image the move could signal a growing awareness of social responsibility and other ethical issues in the luxury products industry burberry also says it is phasing out real fur from its product range that has been long a demand of animal rights activists. and. certainly is responding to years of unflattering protests on the part of activists who condemned its use of animal for years but the fashion industry is also in the doghouse for a host of environmental and ethical issues particularly the practice of destroy the old stock burbery could hardly afford to spend a fortune on luxury addresses for shops and sumptuous interiors if its products end up in the bargain bin of the other side of town last year it destroyed over thirty million dollars worth of unsold goods but many were shocked. i think these fashion brands these lifestyle brands the know the consumer tastes are changing and the sharing of ostentatiou

with fewer than two hundred days to go before britain leaves the e.u. there are still a host of issues that need to be hammered tires this week the blocks chief threats of negotiation michel barnier twee said deal with the u.k. is possible if the integrity of the single markets is preserved. in other words britain will not get preferential treatment when it comes to accessing the single market is the prospect of the u.k. leaving without a deal a so-called hard breakfast is now looking more likely i.m.f. chief christine legarde had this to say about the possible effects. it would be a shock to supply. inevitably have a series of consequences in terms of. reduced growth going forward. increase deficit most likely depreciation of the currency. you know in reasonably short order. a reduction of the size of the economy with so many questions still open many companies are seeking to make arrangements in the case of a no deal practice that sparked fears of a corporate flight out of the u k. this week is emerged that germany's deutsche bank is reportedly consid

was headquartered here that's why many in the city's banking district are especially optimistic about britain's exit from the e.u. . front foot isn't he a few non frankfurt's an important european financial center but it's also obvious that the city of london he remains the european financial center. it will take frank for quite some time to take the title nonetheless an increasing number of london banks are eyeing paris and frankfurt as potential alternatives it looks like in april next year they'll lose the right to conduct business from their london offices over twenty financial institutions have already decided on frankfurt. a fund for talking for time for it has the advantage that it's well established more so than paris frankfurt has the advantage of hosting the european central bank guys it's important for financial operators to be physically close to it to understand what's going on with paris got a boost when the european banking agency decided to relocate there from london. frankfurt also the e b a but paris was offering rent free offices paresis offering tax breaks for the bank as we

britain to stand up to the e.u. on direct. peace to resume a. in the. last weeks critical issues some conflicts. w. o o o o. her first day of school in the jungle. first including listen. doris crane the moment arrives to. join during a training on her journey back to freedom. in our interactive documentary. to bring it to returns home on d w dot com bring it tangs. kind of a little later. on this tour i'm listening to. the fight against illegal logging. david. against goliath and for me to tell everyone what's going on the fight courageous act. against my job. losses may be a land of the gun. but who will make. the borneo case for starts october ninth on g.w. . it's always radical new government has caused plenty of consternation here in brussels since it was elected but is its bach worse than its bite my guest this week is the italian m.e.p. fabio. who is also vice president of the european parliament after urging britain to stand up to the e.u. on bret's it why did his government leave to resume may in the lurch last week's crew.

so the import and export between art and in great britain is absolutely vital to the huge industry that it is and. worldwide ireland ranks number three for thoroughbred horses. a full sired by this stallion called invincible spirit will set you back one hundred twenty thousand euros readers around the world bring their mayors to ireland for an encounter. breaks it is a huge risk for an irish star brad industry it because obviously where detach from mainland europe for a horse for example like invincible spare us a lot of the mayors will use the u.k. as a land bridge so if they have to take a lot longer to get to where they need to go to there becomes a risk naturally breeders will decide not to travel and will decide to use the stallions at home. every year brit spend two hundred fifty million euro zone thoroughbreds from their irish neighbors no wonder then that when it comes to freedom of movement many irish are concerned about their horses as well as themselves. the economy in vietnam is one of the fastest growing in asia and you can sense it all round huge skyscrapers are popping up

britain's currency bounced back against the dollar monday after the used top ranks of negotiator michelle obama indicated a divorce still could be reached within a matter of weeks here's what bunny had to say about being realistic. really stick we are able to reach an agreement. on the first stage of this negotiation which is the brics it treaty. six or eight weeks the treaty is clear we have two years to reach an agreement before they leave two years after in march ninety that means that the ticking clock and time necessary for the ratification process of commons on one side do you print parliament in concert with your side we need we must reach an agreement. before the beginning of november i think it's possible chauvin is speaking about the downward pressure on the other time pestle as weakened somewhat over the past week but many argentinians are still chasing the dollar as the south american country has the most dollar cash holdings after the u.s. who petticoat paris is one of the most famous argentinians to have been hit by the financial crisis in two thousand and one. the former so

free trade under threat from protectionist tariffs britain poised to leave the e.u. these are some of the uncertainties that german industry has to contend with not to mention the specter of growing xenophobia in germany itself. german economy we need open borders we need an open mind and this we need a globalization we are working in the in and with a global environment so. national protectionism is not what we really need amidst all the uncertainties there was certainty at the meeting on one point the economic boom has passed its peak worldwide and in germany and industry needs to chart a course to get it through less profitable times. oh that's what is. turkish president regift heir to one arrived in germany under high security. the controversial state visit comes at a time of political tensions between the two countries. heir to one is under pressure due to his country's economic and financial crisis germany is turkey's most important trading partner and everyone's trip is also seen as an attempt to drum up support from the e.u.'s biggest economy. and more c o d

that's why many in the city's banking district are especially optimistic about britain's exit from the e.u. . likes partly unfit the power export oriented economy needs modern regional and international finance a sadness is provided as one goes hand in hand with the other and that's also why frankfurt is so important to do it in an increasing number of london banks are eyeing paris and frankfurt as potential locations because it seems clear that on the first of april next year they lose the right to conduct e.u. business from the london offices of a twenty financial institutes of already decided on frankfurt. a fund for talking for a time frankfurt has the advantage that it's well established more so than paris frankfurt has the advantage of hosting the european central bank it's important for financial operators to be physically close to it to understand what's happening there this year paris going to boost when the supervisory european banking agency decided to relocate there from london. frankfurt also. paris was offering rent free officers and now it's offering tax breaks for the b

britain is the world's largest offshore wind market and is planning further wind parks each with an output of several thousand megawatts. there's no sign of relief when it comes to turkey's economic crisis technology cars food everything became significantly more expensive in august official statistics show prices rose by an average of eighteen percent year on year that's the highest rate in fifteen years and you almost entirely to the collapse of the country's currency the lira credit rating agency fitch has downgraded its growth forecast for turkey citing significant and widespread downside risks its now projecting three point six percent g.d.p. growth this year. b.m.w. has reportedly been ordered to pay a fine of ten million euros after a software was found on around eight thousand of its diesel cars that illegally shut off emissions filtering but prosecutors say it appears to have been a bug in the software and not an intentional cheat on the part of the company. that's according to the newspaper the. become a crit self inform the authorities in february about the shut off. and followi

germany britain and italy once were proud to ship building nations but these days shipyards and asia have taken over most of that business although until recently asian ship makers were mainly building the steel halls and interiors of the ships the system to operate them engines navigation equipment and so forth were still produced in europe and with it most of the added value went to europe too but that is said to change. the s.k. marine company in numbers makes a range of ships from. oil separators and driveshaft components to high tech seals the technical guts of a ship. scales mean it is asia where the mammoth shipyards of china and india together build seventy five percent of the world's new ships. worldwide ship orders are declining. in future thoughts that's led to a wave of consolidation in asian shipyards if you go by there's less to build things so they're lowering their prices so the prices for new ships and of course they pass those price pressures on to suppliers so obviously we're feeling that here as well unit with. another problem is that asian companies are catching

but concerns are mounting about political stability at home and threats to growth abroad including britain's caution from the e.u. next year and threats to global trade. correspondent stephen busy is at that conference here in berlin stephen the chancellor just spoke did she have anything to offer to ease the worries of business leaders. i think she she made a point of addressing a lot of their particular concerns at least by topic she highlighted such things as staying ahead electric autos are trying to keep pace with china for example creating battery cell technology here that's something that she wants to see here and she highlighted the challenges of course with digitisation and some of the frustrations that people have but she also placed herself firmly in a multilateral. sort of. structural environment here in terms of she stands with the e.u. on their course with prices she stands with the e.u. and their course with dealing with the us when it comes to trade issues and generally everyone here is very much in line with that that can be frustrating though for some of the tax reforms you