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Program the white house is turning up the pressure on iran but take a lead on the countrys Supreme Leader Ayatollah Khomeini u. S. President donald trump signed an executive order slapping new sanctions on iran on monday he said they would deny irans Supreme Leader and his affiliates access to resources and the u. S. Financial system the white house added that anybody conducting transactions with sanctioned individuals may be exposed to sanctions themselves ok if youre not reigning in officials brushed off washingtons latest move saying it wouldnt hurt at all but by the looks of it the u. S. Is strategy of strangling irans economy by piling up sanction after sanction has had an impact. Iran is feeling the pinch the reintroduction of u. S. Sanctions has had a crippling effect on the economy the value of the reale has plummeted pushing inflation to over 30 percent and us president Donald Trumps attempt to destroy the countrys oil industry is having an effect to the influential middle classes are among those hard hit. Dying in the economic war is a reality and people are under extreme pressure they keep on telling us to be strong but we can already hear the sound of our bones breaking under this pressure. Some iranians are being pushed below the poverty line. As far as i can see peoples purchasing power has been more than half to anyone earning between 1000500. 00 to 2000002. 00 mans a month between 36. 48 u. S. Dollars who also need to pay rent wont even be able to afford to buy bread and potatoes is unimaginable. The. Lifting of sanctions in 2016 spurred rapid growth of more than 12 percent but their reimposition last year dealt a massive blow the International Monetary fund is forecasting the iranian economy will shrink by 6 percent this year. The withdrawal of Foreign Companies has also driven up and employment european firms that have left include car makers most eightys and persia oh but smaller firms are also becoming increasingly wary of doing business in iran. Should iran follow through on its threat to enrich uranium beyond permitted levels the nuclear deal could collapse entirely in that case u. N. Sanctions would also be reimposed a move that could bring irans economy to its knees. Well for more on the story of a cross over to our wall street correspondent yes scored against tensions between the u. S. And iran are on the rise what are markets making of it. Well the biggest impact that were seeing right now with the price of oil since the u. S. Drone was shot down last week tuesday the price of oil has increased by more than 10 percent other than that especially if you look at the dealings between iran and the United States well thanks are in place for quite some time tehran and iran is pretty much shut off from the Global Financial markets there is a ban on oil exports from iran in very actually u. S. Entities are not allowed to do any business dealings with iran for quite some time so invent regard or in that respect. The biggest impact so far is on the Global Oil Markets by the way we just heard from tehran that theyre saying theyre capable of shooting down even more u. S. Drones some sort that doesnt really sound like tensions will vanish anytime soon so we have these geopolitical issues on the one side on the other side u. S. Markets continue to be on track for a very good month whats driving this trend. Well basically the whole thing the Federal Reserve will cut Interest Rates by the end of next month then theres also hope that there might be progress in the trade talks between the United States and china by when they come together at the g 20 meeting and of this weekend if you look at the markets overall even if it was a slow start to the new week the s. And p. 500. 00 so far this year is up by about 18 percent for the best 1st half on wall street since 1997 and for the month of june blue chips are actually on its way for the best june since 1938 so in more than 80 years overall wall street is the mood at this point all right again scored in new york thank you. And now to some of the other business stories making the news the u. S. Federal reserve is quizzing dodger bank on its reported plans to create a socalled bad bank and to shrink or even close large parts of its Investment Banking outside europe the fed want to know what the implications are for its business in the United States bitcoin has surged past 11000. 00 for the 1st time in more than a year boosted by a weaker dollar and fresh enthusiasm for crypto currency the Digital Currency is notorious for its all those high price swings between 20162018 investors saw bitcoins soar from just a few 100. 00 to more than 20000 before plummeting again french Supermarket Chain title fool has sold a majority 80 percent stake in its China Business to domestic rival sunning the deal is worth 620000000 euros has faced fierce competition from chinese booming online markets and domestic rivals. While german carmaker dial are has cut its profit forecast for 2019 it is. 3rd such warning the bass company has made so far this year says a higher than expected bill for Software Upgrades of do the vehicles responsible part of the continuing fallout of the emissions cheating scam the profit warning comes at a decisive moment for the. Parent company its new boss ole kelly and has left with german chancellor Angela Merkel along with other car industry bosses to discuss the future of the sector here in germany. And at this meeting government officials pushed the car in to see to increase efforts to find alternative ways to power their vehicles but with over 800000 people working in the Auto Industry c. E. O. s argue that taxpayers should help fund their shift to cleaner technology. This is the 1st electric car made by mercedes the e. Q. See will be available this fall it illustrates however the plight of the german Automotive Industry they opted for electric vehicles very late now theyre playing catch up with a little help from the german state head of the car summit german economics minister peter meyer called on all Car Manufacturers to cooperate he wants to make germany the World Champion in the construction of environmentally friendly cars for their part carmakers have demanded Financial Support from the government they say the state should offer incentives for motorists to buy eco ours because they are an average 10000 euros more expensive than gasoline or diesel cars the government should also aid the construction of charging stations in residential areas like supermarket parking lots and motorways. And theyre pushing for all public vehicles to be eview goals germanys most powerful auto lobby argued in a newspaper article that these measures can be made affordable at least partly through putting a c o 2 tax on conventional cars the aim would be to encourage drivers to switch to eco ours but environmentalist say that doesnt go far enough greenpeace for example demands a ban on the sale of petrol and diesel cars as early as 2025. Now if it comes out of the ocean and is even raul youll most likely find it on a japanese menu even whale meat the country assumes commercial whaling next months boarders worry about Food Security for the island nation but the question is whether theres even a market for it once a National Seafood staple in japan whale meat has been in short supply since 1906 when it global ban on commercial whaling made the meat a rare and more expensive item. But in a few fishing villages like minami both so located about 100 kilometers south of tokyo where meat still plays a role for the local economy. I married into this family 10 years ago and took over the Restaurant Business back then our customers were either the older generations or tourists traveling on motorcycles but now we have many families with small children that visit our restaurant without it and i said i got some. For decades japans whale supplies have come from annual expeditions to the Antarctic Ocean where a certain number of whales were allowed to be caught supposedly for Scientific Research purposes in reality most ended up on plates something for which japan has faced intense criticism last december japan withdrew from the International Whaling commission so that it could haunt for whale and its own waters again however whale meat accounts for just north point one percent of all meat sold in japan and they are thought to be just 300 people connected to the countrys whaling industry. Theyre just taking anything more historically speaking the connection between japanese people and whales has always been strong but well meet is far less popular than before port now and i think thats a crisis not just for us but for the japanese people on the whole and you need to look at the hand. Although those still connected to the whale again history would like to see an increase in demand for the meat it may well be that the ship has sailed on a practice that has become more associated with controversy than culture. And thats also thanks for watching so the back of my. Female its all happening. Really. Sure linked from africa and the world. Your link to assumptions stories and discussions in new england some student news actually program tonight from one gentleman from the news of easy now i would say be deputed close match africa come join us on facebook t w africa. Needs to know the sex phone operator or work her masters thesis on the potato from going to. Not turn on the float if its more words if there was from a. List. Strange. You know that 77 percent of poppy are younger than 65. Thats me and me and. You know what its time no voices. The 77 percent. Of the 77 percent this weekend are d w. Reliable data. Distance for clancy. Automotive. Drive. In germanys loudest and internationally best known band moscows a provocation out there on the 1st of a stadium and just by the lympics stadium here in their own town. And the historic stadium almost looked like it was on file with the bands amazing pyrotechnics but it wasnt will be heading down to and just a moment here on arts and culture we met up with diehard fans also coming up on the show this is exactly what you usually dont want to see unless youre a fan of the swiss destruction also cmon bagga and from shattered glass to the collapse of a wealthy family we look at food and books the debut novel that one thomas mann a nobel prize in a series of 100 german must free speech. Ramstein have a reputation for putting on the most amazing large shows their own. So one of the most controversial bands around with their frequent use of nazi era imagery that often gets them into trouble especially here in germany now they just crowned their career so far with a huge concert in the Olympic Stadium here in berlin a venue which of course was famously built to showcase the olympics in nazi germany in 136. 00

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