Into the shoes of the. Geron his time as finance minister known for his face fiscal discipline his ability to save billions of euros and balance germanys budget for the First Time Since one thousand nine hundred sixty nine but his stingy policies also attracted a wealth of criticism and spoke tension within the Coalition Government choiceless hardline stance on austerity touring the eurozone financial crisis was heavily criticized especially in greece but years later the Greek Economy does appear to be recovering and is taking the credit for it to buy stuff you know this means that this is proof of the top policy to stabilize the year right has been a success. The reason is that weve managed after eight years of crisis in the eurozone despite some doubts to keep the euro stable. And odo so its quite a good conclusion for me to finish this off for me. And thats good oh absolutely now its all of. One thing hes already revealed is that hed like to keep the balance budget brought about by his predecessor. It is set up to be one of the biggest corporate takeovers ever but the tie of chemical giants buyer and monsanto apparently has run into a snag the News Agency Bloomberg reports that u. S. Officials are increasingly worried the merger would be bad for competition talks between the two companies are ongoing and reportedly buyers working to ease concerns in washington the companies are not commenting on the report. For more lets bring in our wall street correspondent so if so if china has given its thumbs up to the merger according to insiders the e. U. Is also about to give its go ahead whats the hold up in the u. S. Well the biggest concern is that the new mega company would simply have too much power in the market which is no surprise so now the u. S. Department of justice wants by years to sell and divest more ss and does not think that the german Chemical Companies current proposal is sufficient enough that is at least bloomberg reported sighting people familiar with the matter the decision now could take months but buyer has already said they would be willing to work with the u. S. Justice department they actually have pledged to sell certain seat and herbicide assets for seven point two six billion dollars through the competitor p a s f and this is to address e. U. Regulars terry concerns but by are so full offer just so its better to see the business to the same companies so its still not enough for us officials but theyre working on it it seems like it so theres still a lot of selling to do how is the market responded to this report. Yet in a strongly negative way Christopher Monsanto actually had its worst day in two years here at the New York Stock Exchange and fire investors also lost a lot of money they were hoping to see this deal happening of course as soon as possible as and answer to a bunch of other similar ideas amongst competitors which have one antitrust players for example the one between dow chemical and two paul the one between thing gets and came china so now it is going to be a gambling game more or less for them in order to kind of match the Perfect Timing so she must be reporting from wall street sophie thank you so much. U. S. President Donald Trumps decision to spare canada mexico from hefty tariffs on steel and aluminum for now was not an act of selflessness he hopes it will give them leverage in the next round of nafta talks which will be held in washington next month heres the current status of negotiations. Good news for canada and mexico Donald Trumps new Economic Advisor larry kudlow is a strong supporter of the north American Free trade agreement but not the negotiators still have massive hurdles to overcome was some of the u. S. Administrations demands of plausible such as the reduction of the u. S. Trade deficit with an after others remain contentious. Trump wants to limit duty free exemptions for cars to vehicles that draw eighty five percent of their components from nafta countries with at least half of them from u. S. Based manufacturers he is calling for an end to canadas poultry and dairy tariffs which can be as high as two hundred and seventy percent another point of contention canada subsidizes lumber industry thats why the u. S. Imposed a new twenty seven percent duty on canadian lumber. Despite those stumbling blocks canada believes a deal can be reached. Canada knows that there is a win win win outcome on improving now after something that will be good for canada for the u. S. And for mexico were working very hard to do that but we continue to stand up for canadas interests canadian jobs mexican negotiators are under pressure to stand up to trump as well but they want to avoid alienating a Major Trading partner a possible Sticking Point aside from the automobile issues access to mexicos Energy Market canada and mexico exemption from American Steel and aluminum tariffs are likely to give trump thing go shaders leverage in the next round of talks. Women at the u. K. s banking giant h. S. B. C. Earned almost sixty percent less than their male colleagues as according to figures published as part of the british governments investigation into the gender pay gap survey also indicated that the bonuses of lower pay. Female employees were almost ninety percent lower than mens wages he sees as the difference is largely due to the lack of women and higher paying executive positions as a result its promised to boost the number of women in leadership positions in the next two years now after a decade of stellar growth in the early two thousand there seemed to be only bad news coming from the brazilian economy especially after the financial crisis nepotism and corruption were rife the economy was shrinking but finally things are looking sunnier again as the World Economic forum meets and sao paulo this week analysts report growing Investor Confidence in the worlds eighth largest economy. This is south paolo known as brazils Financial Center but the swish looking high rises cant conceal a clear reality in the past four years brazil has experienced its worst economic crisis since World War Two one in four families have been affected by unemployment and rising inequality has left many people behind campaigners say the government needs to act to protect those at the bottom. We need much deeper investments in education in our Health System in Public Security we need the reform of the state so we need a vision that will actually include the ones that are exploded today brazils economic and political situation is high on the agenda at the World Economic forum on latin america currently underway in sao paolo the countrys president michel t. Mer maintains his country is on the right track. The brazilian government is taking all the necessary measures to ensure the country returns to solid growth. The economy has in fact been on an upward trend over the past few months at fox starting to brazil bosses have been increasing the number of shifts on offer in january and february of this year the company sold thirty seven percent more cars than in the same period last year inflation has come down and it becomes easier to get loans Consumer Confidence is skyrocketing its when you look at the graphic its likely to be because he came sharply down over the last couple years are no sharply coming up a new field indeed traffic in the showrooms quotes backing is planning to invest one point seven billion euros in brazil by twenty twenty its the biggest investment in. Sixty five year history and other companies are following suit. This year the economy is expected to grow by around two percent but experts say that if that growth is to be sustainable it needs to be felt by everyone not just those at the top. Proponents of a free trade deal between the america Source States and south america and the European Union say it will improve prosperity on both sides of the atlantic negotiations have lasted almost two decades and many still have their reservations for example brazil wants to be sure not to damage its car industry thats what brazils president michel tamer told t w in an exclusive interview. As you. Would a motive industry is an open question two years ago it wasnt really performing well but its improved over time were talking about thousands or even millions of jobs here in brazil but the car industry might need a transitional period so they might need to prepare for new fees they might be new taxes we dont know weve been trying to negotiate this Free Trade Agreement for nineteen years but now were very close to a deal. That was the brazilian president and that brings this edition of your business to an end for me and the entire team thanks for watching and see you tomorrow. 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