Telecommunications giant leon cool off the tongue. Can huawei survive the turmoil caused by the trade war between china and the us in. The interview. Of today on t. W. Its all silver anniversary but not a happy one for most canadians for an unbelievable 25 years in a row currency close to the drop this year that of next years elections inside politicians are not likely to come up with any solutions. To our way c. E. O. It tells d. W. In an exclusive interview were not spying but is that enough to convince lawmakers in germany the u. S. And the rest of the world can still dont trust. Chinas telecoms giant to build their 5 g. Infrastructure. Also on the show its official in a 50000000000. 00 deal frances p. S. A. Group french fear of christ will join forces to create the worlds 4th largest companies. This is business africa is an african and Global Business news here on t. W. As welcome and we start in ghana where the local currency is under pressure again its not just recently the city is heading for its 25th Straight Year of the prescience against the dollar at korti to bloomberg data overshooting fiscal deficit and debt is one source of the weakness and investors are concerned that the government wont stick to its spending targets after next years election this year the city has lost 15 percent thats pretty close to the biggest and the decline in 2015 when the currency slumps 18 percent. The controversy over who always roll as a playa for 5 g. Network infrastructure is heating up after chinas ambassador to berlin warned germany of excluding weiwei hardware from the countrys 5 g. Network and reported a report of these threatened german carmakers with repercussions chancellor Angela Merkel said today that she had no knowledge of any pressure from china critics are concerned it is too close to the Chinese State and that it might use its technology to spy on Foreign Countries in an exclusive interview with the. Chairman long young who says all allegations are on fund it. It looks like a renaissance castle in the middle of europe but it is actually only a modern replica and part of the research and Development Operations at chinas tech supreme oh huawei the campus outside of shenzhen was opened this spring from the outside its nostalgia of britain large but inside it is futurism pure while way demonstrates tomorrows world of Wireless Communications here the company uses the facility to flex its 5 g. Muscles while ways take on the new technology is praised by many customers and its cheaper than 5 g. Systems from europe or the United States but many are wary with critics saying the threat for a while wait to misuse the technology is real the concern is that it would pass on user data to the Chinese Government the chairman of the company told boys are valid the concerns are unfounded. All we want is never received any such requests during our operations over the past years and even if we receive such requests in the future we would not agree to them without lawful requests we wont do anything which will a woman. Though there is no proof of Data Protection issues that while away the United States is vehement about locking them out of 5 g. Network build outs germany is also wrestling with the issue beijing says it will retaliate against berlin if walk away is banned in germany. Top story the currency in ghana under pressure again thats now get some more information from us or call it sees our correspondent there in our horizon is the 25th year of depreciation of ghanas currency how will people in ghana ordinary people cope with that situation is very difficult for really businesses and individuals for businesses struggle really to be able to make profits because they need to access a lot of foreign currency to import the bring into the country and for local individuals the house to really contend with high prices of products because the country really imports a lot and doesnt exports much so really its a struggle its a difficult time for many gun ians who really have to deal with this high. Actually with the depreciation of their local currency. I said what were the governments tons of measures and the house they were the governments Counter Measure has been for example to show that people call it a local currencies instead of. A year or their pound sterling not aspect has been to a should i do a lot of foreign currency into the system so that we dont have shortages but these are just short and measures and you know long term measures so obviously it doesnt really help to deal with the situation and we continue to have the value of this city depreciation depreciating and also losing value. In the bank of god is considering to launch a Digital Currency how far is the plan and how could it change the whole situation. So thats really its not measured i really cant deal with the value of the cd is really to ensure that we have a cash less economy so people can continue to trade on their digital platforms so really it is not measured is going to do with the issue unless a country begins to export begins to produce production that is what really is needed and as we speak in the Digital Currency that i bank of than i want to introduce which is still just a saying and not an auction really is not going to deal with the situation a long time. For us thank you very much thank you. Now if youre having trouble choosing your favorite digital assistant whether it be syria or cortana you might soon not have to play favorites Amazon Google and apple have announced plans to develop a common platform for Smart Home Products the goal is to make it easier for Artificial Intelligence interfaces like amazon select siri as well as googles system to support a wider range of smartphone products of corporation is expected to celebrate the arrival of new applications and Smart Devices for home use. This as a new car giant in the making francis p. S. A. Group the maker of. Fear of chrysler have reached a binding agreement to a merger the 50000000000. 00 deal will create the worlds 4th largest cooperatives yammers to join resources to address the challenges of future mobility. Its a merger of equals a 5050. 00 deal worth 50000000000. 00 it brings together some iconic brands on the french side theres persia and citoyen as well as germanys opel and then theres few at chrysler with not only its namesake brands but also dodge and cheap and even some Luxury Brands alfa romeo and. Well some of these brands have struggled in the past and found it difficult to adapt to massive changes in the automotive sector together they form a strong global player. The merger creates a new number 4 in the world com market with combined sales of just under 9000000 vehicles chrysler is topped by germanys faux wagon japans toyota and by over an only son all selling over 10000000 vehicles per year the new Company Leaves behind american automaker general motors. Together for at chrysler and frances p. S. A. Will employ 400000 people analysts say the tie up could allow the french carmaker to break into the American Market where it is not well established and could benefit from fia crisis position but they may face more challenges in asia where both companies are not seen a strong players and neither field tries to nor p. S. A. Has a leading premium brand like some of their competitors the 2 Companies Say the merger will help them address future challenges such as the move to electric vehicles. Boeings announcements to suspend production of its ill fated 737 max jets come january has left many suppliers and employees wondering about their future hundreds of companies and tens of thousands of jobs are affected in the u. S. Alone. Its an especially slow day at the Sandwich Shop in renton washington near the boeing plant so shop owner key at least has time to hear the concerns of this boeing employees. Or you can see its not going down. Its good but hopefully will be lost in the weight off is what the safety and well you know thats the. Key it is uncertain too hungry boeing employees account for the lions share of his daily orders. If there are any layoffs his business will suffer badly astray 80 percent support for the most of the order that you know people thats in the order. To send somebody to pick up. So. You know the whole you only want to support that boy. And the uncertainty is spreading to boeing suppliers like spirit aero systems the biggest employer in the u. S. State of kansas Governor Laura Kelly is trying to find ways to keep people on the payroll. We might offset some of their expenses by using things like fun but that isnt comforting anyone and spirit could be a way off could be for. I honestly dont know its about it. All i know is it doesnt work to get the production stuff for the 737 max is casting a long dark shadow on Many American companies employees in the u. S. Aviation industry can only hope that theyll soon be building 730. 00 sevens again. Withstand the u. S. For the congress has approved sanctions on any Company Involved in building the north stream to gas pipeline the pipeline is being built under the baltic sea at a cost of around 10000000000. 00 euros the bill was inserted into a huge defense spending bill and easily passed the senate at a vote of 86. 00 to 8. 00 after passing the house last week the nordstrom to pop on is to deliver russian natural gas to europe something the u. S. Wants to stop. Sales of diamonds have slumped by almost 1400000000. 00 Mining Companies the best capping a torrid 12 months and oversupply of rough diamonds a subclass of polished stones and falling prices of pressure on all companies that mine thats why the bears which also has Mining Operations in the may be on boats want to has been offering more flexibility to its customers it has been allowing them to reject some rough diamonds also cut prices across the board by about 5 a side the company has also been this spending money on advertising to drive consumers him off. And thats all from me on the business scene here from or go to a website. Such business also follow us on Facebook Twitter said to now news africa twisting month last of next right here on the dalai after this quick update on global. Conflicts and sebastian. Jungers recent celebrations for his 70th anniversary werent quite the Public Relations triumph it was supposed to be my guest this week here in london is free to gal how does he justify chinas comes along the coast human rights abuses im a continuing pressure on hong kong. Conflict so for 60 minutes. Im going to puzzle yourself its not easy to go to another country you know nothing about why folks do this because we cant stay on venezuela. That. Closely global news that matters d. W. Made for mines. This is state of the news africa coming up in the next 15 minutes see europes efforts to crack down on buy gratian from africa all starting to bite but at what cost the e. U. Supported at all to close the border between asia and again 2015 best smugness told the times he has ordered stock is put more lives at risk of lets say im a driver transporting migrants when suddenly the military shows up good with the migrants out of the car just down the road to drill and tell them to wait there until i come out in the niger sling than they