The dog starts nov 12th on d w. I subscribe to do you know where your books are something more in the world we may be captured for. Me books are known to. The new gets the green light for sanctions against the us ruling by the World Trade Organization was expected next up however is unclear brussels pull the trigger or seek a settlement with us in a long running dispute. I also want to show that i enough sees a light at the end of the tunnel predicting the economic damage from the crowbars pandemic will be less severe than expected. And germany will abandon coal as a power source by 2038 poor. What will take its place. Slovakia show him so you can see in berlin its good to have you with us the World Trade Organization has cleared the way for the e. U. To slap tariffs on 4000000000. 00 of u. S. Goods citing washington subsidies for plane maker boeing thats the latest ruling in a long running dispute between the 2 sides comes one year after the trade body permitted the u. S. To impose 7500000000. 00 in sanctions on the e. U. For its support of air bus the e. U. Has said it prefers to negotiate a settlement with the u. S. Instead of levying the tariffs. And more on this lets go to our financial correspondent in frankfurt chelsea to lanie chelsea good to see you the e. U. Has said that it will seek a negotiation is the u. S. Interested what are the likelihoods here. The outcome of this is going to depend a large degree on the outcome of the november elections so the e. U. Likely wont go forward with these tariffs until after the november election because that could very clearly change the dynamics between the u. S. And the e. U. In terms of train to go she. The e. U. Says that it doesnt want to impose these tariffs at all what they want is for the u. S. To take off the tariffs that they imposed as part of the airbus case last year and those have been heading really a broad range of Industries French wine italian she has all sorts of things so they want those to be gone the white house the trumpet ministration has been quite reluctant to do that theyve been negotiating over this for over a year now and they really havent made any headway but if joe biden does win the election it could open the door to a longer term settlement for this very very long negotiation this conflict has been going on for 16 years now joe bidens trade advisor has said that he wants the e. U. And the u. S. To work for the e. U. In the us to Work Together if theyre elected so we likely wont see an answer on this quite soon but it will depend on the november election or a huge lead it was late in frankfurt thank you the International Monetary fund has upgraded its forecast for the World Economy this year but still expects a significant contraction some 4. 4 percent for 2020 would be the largest dont turn in almost a century its at least better than the last prediction for months ago 5. 2 percent. In its latest World Economic outlook the i. M. F. Says the ongoing pandemic makes the forecast uncertain and that even if the recession was less severe than expected it is still deep. In our latest World Economic outlook we continue to project a deep recession in 2020 Global Growth is projected to be minus 4. 4 percent which is a small upgrade from june. The i. M. F. Says only massive injections of government have kept economies from plunging even further and it expects growth in 2021 to be slightly slower than forecast in june warning against reducing Government Support to quickly. Over the world of Technology Apple unveiling its new generation i phone the 1st to work on 5 g. Networks the i phone 12 design is reminiscent of the angular i phone 5 apple says its thinner lighter and more durable than its predecessor prices in the u. S. To start at 699. 00 for the smallest handset in the series most expensive will cost around 1100. 00. Over the southern chinese city of shenzhen where apple incidentally has a major presence chinese president xi jinping is now marking 40 years since the establishment of a special Economic Zone there that helped pave the way to chinas emergence as an economic powerhouse its a largely symbolic move as shenzhen lies just across the border from hong kong and it comes as the u. S. Is planning sanctions over beijings crackdown in hong kong she wants to push for further integration between hong kong and Mainland China at a time when hong kong status as an International Financial hub is under threat. Staying in china as the copen 1000. 00 as cope in 1000. 00 continues to cause chaos in europe the us and elsewhere its a very different picture in china its economy is starting to power towards prepared demick levels of strength one particular area for optimism is the car sector. These people are among 3000000 Authorities Say they have tested for corona virus and the city of chain down in the last few days alone. It took just 12 confirmed cases to prompt the Massive Campaign that helps explain why new chinese infections are man extremely low and why its economy is powering into the post pandemic period quicker than most. From whom china had major strategic achievements fighting the epidemic its production was the 1st in the world to be restarted and has successfully favored the Global Supply shortage. One surprising reason for cheer is the countrys car sector car sales in september jumped 13 percent from this time last year the pandemic badly hit the worlds biggest car market but its read of recovery is accelerating for german car makers looking to sell their eveys in china figures from the countrys electric market are especially bright for much of the past year that sector has been struggling but new data shows sales jumped by almost 70 percent last month with government keen on promoting vehicles that combat air pollution news of chinas resurgent can market chimes well with impressive new trade figures both imports and exports surged last month to levels higher than those seen before the pandemic and not Many Industries are benefiting from the coronavirus pandemic but one that is argentinean wine making more people are staying at home theyre drinking more wine domestic consumption is up more than 10 percent this year. For. The production line that fake ovi to is humming the company bottles wine from nearly 30 cooperatives in argentinas mendosa province and business is brisk for months now the coronavirus pandemic has kept millions of argentinians have home and theyve been drinking more wine. Weve registered an increase in our sales of approximately 10 percent in the 1st 7 months of the year but thats significant compared to previous years when consumption didnt really like that. Mendoza provinces wine country known for the full body of knowledge that grape harvest was nearly finished when coated 1000. 00 hit the region in march export volumes have increased this year thats good news for wine makers like lohan who be here but the glass is half empty due to the Exchange Rate prices have fallen at the moment on the increase in exports is also because our peso is so weak against the dollar our products are very cheap in the rest of the world and Foreign Tourists who normally flock to the wine tasting circuit are also missing due to Coronavirus Travel restrictions the wineries are receiving only local tourism putting another damper on spirits in mendozas wine making industry. Well here in berlin the government has imposed curbs on night life between 11 pm and 6 pm 6 am rather in an effort to control the spread of the coronavirus effect of curfews a blow to bars and restaurants that were already struggling many nightclubs also face ruin as illegal dean reports here. Close for the night 11 pm thats normally one hole but fog us as far would start to fill up now its when the lights go out and the doors shut. Compulsory masks social distancing and now a curfew tough times for bars and clubs in the Party Capital berlin. Im on an on them all off on thought when you have to social distance in a room where 50 people normally sit and now its just 10 to 20 of the make its very hard from an economic standpoint its a question of time until you run out of money youre practically being bled dry. Because that was the group that some of us. As a bar owner the coronavirus restrictions are pushing him to the financial brink but as a father. Can sympathize. With. The quotes and i have a daughter who is at high risk she has a heart defect and was hospitalized 5 times by age 3. And when you see your child suffer like that and then see how the situation is getting really dangerous you really dont want to see anyone go through that this makes them an email from someone with a name and nightclubs have been struggling with coronavirus restrictions for months with alternative events like these they try to keep their hands above water but small concerts are hardly profitable clubs have been shut for months many of them face financial ruin. This means that tens of thousands of employees and artists are currently without lark and so far have no prospect of continued employment meanwhile the cost for running clubs are just coming to a stop. The same goes for restaurants this evening 3 guests have already cancelled their reservations at the. Boss sunda is worried that it could get even worse. The worst case would be a complete lockdown then its safe to say that next year around a quarter of restaurants will no longer exist in berlin or in germany. Until its launch game for hardly any bars clubs and restaurants in berlin a bitter pill for the german Party Capital to swallow. The other business stories making headlines. U. S. Carrier Delta Airlines says it lost 5400000000. 00 in the 3rd quarter having actually made a profit a year ago sales are down 76 percent on year delta says its burning through up to 12 1000000. 00 a day in cash. Driving taxi operation has begun in beijing for now passengers can enjoy rides for free and hot and high the district appollo go robey taxis rather carry up to 2 adults are still driven under human supervision for safety reasons later passengers will be able to take control in case of emergency. And finally ever fancied owning your own real life dinosaur well fossilized skeleton of an allosaurus thats an ancestor of the t. Rex is going under the hammer at a paris auction house the range of his 150000000 year old dinosaur from the upper Jurassic Period were found at a ranch in wyoming in 2016 measures 10 meters long and 3 and a half meters high is estimated to fetch between one and 1200000000 euros. Right now its a for me and a Business Team here but let as always do check us out online dot com slash business also facebook and twitter. Its always thanks for joining us. From always. 2 to stickley speaking none local has the oldest population in japan. But its not going to die out. Graham is trying to attract the young people its been so successful that the countrys oldest village has now become a trendsetter. Mystery. What secrets lie behind them is what. Discover new adventures in 360 degree. And explore fascinating World Heritage sites. Double your World Heritage 360 getting up now. Well pennsic level 3000. Albanians kharab mountains are absolutely stunning that for many young people that thats not enough. Planting trees and not just a few but hundreds of thousands of them we meet an environmental activist in russia. And increasing numbers of migrants are willing to