Last store. But have to do that the business i want to get jones and berlin good to have you with us so is italy in breach of european budget rules that is the question european regulators are expected to answer with yes later today the move could result in the e. U. Imposing financial sanctions on the country the dispute centers on italys mounting public debt at present the sum the government owes is worth 132 percent of the countrys total economic output and that figure is expected to rise to 135 percent next year that is a thorn in the side of the e. U. Under its rules Member States can only hold a debt of up to 60 percent of g. D. P. So a showdown with the e. U. Would put further pressure on italys Fragile Coalition government which is already under pressure to deliver on expensive election promises and for more lets cross over to the sunda in brussels max good to see you so 1st of all. Is it likely that the e. U. May to give rome a 2nd chance and not impose sanctions while monica according to several reports of the e. U. Commission is likely to go ahead with the deficit procedure later today at the weekly meeting of e. U. Commissions thats happening right now here in brussels and this was likely to be this or this would be the 1st of several steps in a long and complicated process that in theory in the end could end with hefty sanctions for italy however the decision to to sanction italy or to open formally open the deficit procedure would not be taken by the commission today this will be only a suggestion and it will be taken to the European Council next month where finance ministers of the e. U. Member states will have their final say on whether or not to go ahead with the procedure this could in the end end with a hefty fine but its very unlikely that this will happen back in 201124 out of 28 Member States were actually undergoing a deficit procedure and none of them got fined and in fact spain is the only country in the u. That is still on the list and its likely to be taken off at the same meeting later today so deficit procedure yes very likely fine in the end not so much but that doesnt really then put an awful lot of pressure on rome which certainly when you look at the deputy Prime Minister vini isnt keen on reducing the budget deficit anyway but rather expects the e. U. To loosen its fiscal rules how likely is that. Well brussels has said very clearly to italy that italy has to get rid of their deficit. As soon as possible but italys actually doing the exact opposite right now. After the pretty good outcome in the european elections for the league party for Materials Holding his lead party hes actually called for increased spending and for lowering income tax in fact kept capping it at 15 percent now this is very likely to lead to a further increase of National Debt in italy and e. U. Commissioner muscovy she said if italy disrespects the rules the you will have to take responsibility in the e. U. And the e. U. Member states will have to take responsibility so quite clear words from their all right max under their reporting for us from brussels where the e. U. Commission is expected to decide on the italian budget deficit later today and i thank you so much. And of course italian budget worries will also be among the issues dominating discussions when European CentralBank Governors meet on thursday to discuss measures to boost the economy more details are expected on a 3rd round of new dance less pressure to act is big enough to inflation fell last month to 1. 2 percent and that is way short of the bands 2 percent audience. Meanwhile the world bank has slashed its Global Growth forecasts for this year the latest Global Economic prospects report shows the World Economy is expected to expand by 2. 6 percent this year and that is down from its january forecast the report sounded the alarm of the u. S. Trade was tumbling confidence and increasingly skittish investment the bank said even for a modest recovery a lot will have to go right instead of the growing risks suggest the outlook could yet to an even dhaka. And speaking of the demand could this be the latest move in the us china trade war beijing has issued a travel warning for the United States saying chinese citizens should fully assess the risks of traveling to the u. S. Given recent shootings the warning comes a stray tensions between the worlds 2 biggest economies. On monday beijing warned Chinese Students of risks associated with studying in the u. S. Now its talking of chinese citizens being harassed by u. S. Immigration officers while entering the country Chinas Foreign Ministry also accuses the u. S. Of waging economic war against china to prevent its rise to power it says washington has constantly changed demands and made reckless allegations over the weekend beijing signaled a willingness to negotiate but stressed a did not fear a trade war with the u. S. It is a complete twisting and fabrication of the truth for the u. S. To accuse china of going back on its Straight Talk commitments both sides of pummeled each other with hundreds of billions of dollars in punitive tariffs the u. S. Has also blacklisted chinas telecoms champion hallway beijing responded by announcing its own intention to make a list of Foreign Companies which it considers quote unreliable it also threaten to limit access to its rare earth exports china is the Worlds Largest exporter of the minerals essential for making smart phones t. V. s and other high tech products. Of a more lets bring in our Financial Markets responded boson and there he is this trade spat trade war keep 30 going on you dimensions now beijing issuing a travel warning how worried should the u. S. Be. Well i think this is really worrying a piece of news not so much because you know tourism from china would be a very important factor for the economy in the u. S. But this illustrates that the conflict between china and the us is not limited to some unfriendly wording on the top political level it now really has arrived on the level of everyday lives we should not forget there are thousands of chinese scientists doing research at universities in the u. S. Thousands of chinese chinese citizens are studying at you as universities and this travel ban by the chinese now is really the perfect tool to aggravate the situation and you know to make it worse at least in terms of sentiment and propaganda. So it is going to be quite interesting to see u. S. Secretary treasury secretary Steve Minucci in meeting his counterpart in china the governor of the peoples bank of china this weekend at the g 20 finance Leaders Summit is that a chance to melt the ice. If you dont want to form a times i would have said yes institutions like the g 20 were initiated to melt the ice between nations to smoove the way how they operate together but even if some of the members of the tribe administration sometimes come out with statements giving hope that you know the governor wants to cooperate the things that the president himself says sound very differently he permanently permanently keeps this rocketing things that is throwing sand in the works of institutions like the g. 20 all right there in frankfurt thank you so much. Frances finance minister says there is no need to rush regarding a 35000000000. 00 merger talks between comic is renel and chrysler in an interview. Said he wanted the deal to go ahead but it was important to take the time to get to the mojo right the french government owns a 15 percent of residual stake in renault and then said it wanted guarantees over jobs having a headquarter in paris and corporate governance. But this comes as renaud and alliance path listen say for much m. And collins go in may have used 11000000000 euros for his personal benefit the money is thought to be linked to a dutch based Holding Company go and is accused of inappropriate spending on air travel and personal expenses rhino and this and say theyll start legal actions against him in the netherlands right now bone is facing charges of financial misconduct in japan he denies negotiations. And some of you may remember the time before video streaming back when watching a movie at home involved this is to the local video store to see what was available and the age in the 190 s. No store was bigger than blockbuster at its peak it had over 9000 outlets across the world today it has just. With the closing of a Blockbuster Store in australia this franchise in bend oregon is the sole survivor of what was once a multinational from choice. Your words when asked what goes through the world. No i know is a really very serious thats awesome let me tell ya its time to harding is the general manager of the stall she started working here back in 2004 at the time the chain had 5 stores and bundle loan. I grew up going to the video store all the time and then over the years video stores have always been a part of my life and my husband actually worked at a Blockbuster Store we were 1st married and that was kind of an experience for us and then i worked here and over kids over here but you. Blockbusters been a part of my family for years. One of the main reasons this Video Store Still flourishes and even the trucks tourists from all over the country this nostalgia. Ive always been a fan of blockbusters and renting it was like a childhood thing for me and since im driving across the country like of all the stuff that i wanted to do this is the one that was on my radar the most because i havent been in a video store like over 16 years now. But nostalgia alone isnt whats keeping the store in business its the Loyal Customer base that its stuff cultivated over the years. It is a product im part of the community. If this story ever does close and im sure enough everything will come to an end at some point i will be very sad i think it will be the loss of. Something really special and i think a lot of people will mourn the loss of blockbuster as much as i will. With algorithms taking over the Film Industry social meeting places like the one in bend facing extinction. Thats a business. What secrets lie behind the small. Find out in an immersive experience and explore fascinating Cultural Heritage sites. The t w World Heritage 31615 at. The finest. Tourist guide for germanys. I love berlin. 50 nations 50 story and 15 very personal tips on berlins very best features. Book now planet for our hero max series every week on d w. Welcome to the world about some culture boring is the new exciting knots according to a conference in london which looks at the trike the tedious and the time some in a new light also coming up. Vintage cars going all week crunching the curves with 2 professional drivers and whats said to be the worlds most beautiful car race. And from repeating the wheel. To gripping literature the collector of worlds a must read novel about the real life adventure and Richard Francis you were if you werent even presence because of the money as bots we begin with a visit to the fascinating world of the monday night in the humdrum the drab and the dull the annual boring conference that took place in the british capital recently my colleague adrian cam of kennedy was there and discovered subjects that normally might appear trivial and tedious can be given a new lease of life it will be here to explain how drudgery can get you excited in a couple of minutes but 1st lets get boring. Conway hole is a famous home rat who Free Thinkers in the room is great the boring conference is taking place here for the 9th time