Johnson quote industrial heavy at wage we think it should 100 years of history is kicked down the junkies main stuck it. In his will and lets do business Irans Nuclear deal continues to fall apart when the United States pulled out reintroducing sanctions iranian leaders threaten to crank up the centrifuges thats exactly what they said to do from tomorrow claiming its only for peaceful purposes a 15000000000. 00 loan from france to compensate for sanctions looks increasingly unlikely russia is mulling support for the oil industry already hit by washingtons punitive measures and you sanctions target Oil Smuggling all in all the economy is. Theres always a feeling of anticipation want to ship docks in irans harbor its the same. On the other rainy and ports in the persian gulf the ships unload food and Household Items particularly washing machines televisions and other electrical appliances. Traders like abdullah safari have been among the 1st to feel the pain of fresh u. S. Sanctions its even become difficult to get goods through the United Arab Emirates which in previous rounds of sanctions was the gateway to the world for rainy and trade. So its become a lot harder than before it was always difficult but now much more so the ships used to take 2 hours to reach the port in dubai but now it is they take from 2 days to a whole week to get to the port you have to wait for the inspection to be completed the officials from dubai have become much stricter. Fewer goods being allowed into the country is a massive problem for rainy and tighter supplies lead to higher prices inflation is running high. Iranians have to take any job they can just to get by. Me im a university graduate. Without sanctions the job market would be so much better. Claudia. Economic conditions have worsened but we still get by we still continue to work and to do our jobs. Many things have become more expensive but we somehow get through and were not completely unhappy says. Abdullah safari has a few hours off before he heads back to dubai with his boat during the past few years when sanctions eased the 43 year old father made initial contact with europe at the moment they are not of much help. To go to europe and do business there immigration from oddities need to get easier any visa applications take a long time and are very difficult. The next problem is Foreign Currency Exchange im sure some people in iran manage to do this but its problematic for the small traders. Many iranians feel let down by europe would like a dollar safari most do not want to give up hope that the situation will improve once more most asian and european markets have been rallying after news the United States and china will return to the negotiating table next month it will be the 1st high level face to face meeting since the toughest of the escalator just recently the agreement came in a phone call between the chief chinese envoy vice premier you hate trade representative and treasury secretary steven the notion investors of why the escalating battle will tip the Global Economy into recession. South african president Cyril Ramaphosa has officially open the 28th World Economic forum on africa but losing and xenophobia attacks against other africans living in south africa overshadowing the of it the riots also sparking reprisal attacks on South African businesses in nigeria. Many african foreigners no longer feel safe in south africa these demonstrators want an end to the violence against women in the country authorities have stepped up security at the venue for the World Economic forum the mood is tense but South African officials arent taking part in the press conferences and some participants want to talk about the attacks i think it should yes i think it should especially as really iconic now that were having this meeting there are demonstrations about xenophobic attacks right outside the building i think it should be a focus point on the agenda to some participants the causes for south africas problems are clear. Its inequality so i think its inequality which is just in tune few the anger which is led to the protests but the inequality also rising from the unemployment so theres a real challenge of unemployment and inequality too many people feel alive thats when they feel that its an issue of justice and fairness and. About people because the people that he can reach. The time may come when he can reach beyond people and to be at the very struck just of the Global Economy and people industry what it does he make his truck to the world how to reopen. That means politicians of the World Economic forum may not be able to turn a blind eye to the attacks in south africa. Business consultant Jeremy Gaines joins us from our studios in frankfurt jerry is just really one thing id like to know right now and that is is that a good time to do business in south africa and south africa i think its always a good time to do business the opportunity is immense the country benefits from extremely good infrastructure easily to be breached from europe and little buyouts of unrest on going to change the structure of them they arent going to change the fact that South Africans will sort traditionally be the entry point into Subsaharan Africa for german businesses are these just little bouts of violence when when we see reprisal attacks in nigeria South African businesses theyre having to close and investors quite concerned the ones ive spoken to at least as far as continuing to do business in places like cape town. The real question we need to be asking ourselves is what has caused these incidents of violence against nigerian retailers in particular theres been little light shed on that to date therefore until we know what is actually driving this violence we should wait in judgment and i dont think its time to hastily abandon ship what about other even more serious topics like corruption something that does put off Many Companies from doing business not just in south africa but a cross the continent. I think on the topic of corruption we have to differentiate very carefully what were talking about corruption is something that traditionally comes into play in my humble opinion as regards government contracts where officials can exert leverage now those contracts tend to be infrastructure code contracts large bulk old is and weve recently seen the World Bank Blacklist various Chinese Construction Companies active in africa and in particular in nigeria for corrupt practices if you turn to the private sector however to that traditional the main of assamese in germany and in africa where they are fast growing them were looking at Manufacturing Assembly plants the value added chain consumer goods that private sector is fairly impervious to corruption and therefore is not affected by it and those are the areas where german business is a good and where german business is kind of course find partners in africa matchmaking needs to be done more again thank you very much for joining us some interesting insights there from Jeremy Gaines. The steel and engineering great hope is the latest german Blue Chip Company to be relegated from the dax the company was a Founding Member of the flagship index and has traded on it for more than 30 years is a setback for houston corp as the conglomerate tries to turn around its fortunes it loses its spot on the index after a steep decline in its share price made worse by successive profit warnings has also had to restructuring plans fall to pieces like many suppliers the Steel Company is suffering from a full in production in the order of safety which is partly due to the trade bill. Lets go over to our frankfurt correspondents. Is this a sign investors just arent interested in old industry anymore. Well partly yes but partly no no because just an cope was replaced by a Company Coming from industry ill be at a company that offers Cutting Edge Technology that very few others in the world can provide. N. T. You know engines it makes engines on its own accord but also partners with boeing for example and it makes engines for fighter jets that are supersonic all the way up to big passenger jets by airbus for example but yes. The people are flocking to high tech into software to internet the most valuable company if we look at germany in the docs is as a p the Software Company number 2 in the world far outweighing in terms of stock market value anyone else and neural Business Model fin tech an overblown fin tech if you will why are card through all the comments bank of the docs just last year so whats the message you only if you dont going high take if you dont take or you dont Going Digital then basically youre going to lose the rights. Well youre not going to be among the most valuable companies and neither in germany nor in asian or here still room for a well run Industrial Companies not making many mistakes either other than just encrypted but when you look at apple Amazon Google or facebook theyre all big High Tech Companies and theyre also able to transform the Business Model which makes it important sustainability and every raking in the profits will be about thank you very much from break. Another scandal is rocking miss on this one involving its c. E. O. He wrote. Hes admitted to receiving inappropriate bonuses from the japanese carmaker but denies ordering them like our replaced colleagues going as head of nissan last year after going was arrested on financial fraud charges which denies Chinese Media reports that psycho a receipt hundreds of thousands of dollars and u. B. S. Payments several other Senior Executives were also overpaid psychology says he intends to repay the money. And russian natural Gas Producers know what take has announced a 21000000000. 00 liquefied natural gas project in the arctic the pipeline is expected to be completed by 2025 and is seen as an important part of russian plans for l. N. G. Market expansion into asia overtechnical own a majority with frances 2 todd 2 Chinese Companies and one Japanese Firm owning the remainder. Thats doing business with you. But i dont need to keep every available both for over a mention on the 4th and. Most recently that we can look. At the last dragon those words called the home. With your family scattered across the globe. To. Get my mug. Shot finally from somalia live around the world. Urgent assistance. Starts october on. Greetings from berlin and a warm welcome to arts and culture photographer peter lind back to change the face of fashion photography in the 1990 s. And tributes are pouring in after his death on tuesday at age 74 well look back at his remarkable career and also coming up. Director and filmmaker on those fi and is renowned for intensely political cinema his latest effort is cutting edge theatre and shell join me in the studio to talk about it. And in the latest episode of meet the germans our intrepid reporter Rachel Stewart takes it all takes it all off to brave the german sauna landscape. Well his aim was to portray women in a different way and he said he felt responsible for freeing them from ideas of eternal youth and perfection. And master off the cinematic image he assured in the supermodel era and in so doing helped redefine fashion photography and beauty standards over the course of his 5 decade long career he captured everyone from kate moss to the climate activists most recently and his legacy will inspire for generations. Very little makeup hand not special