says the trend is due to concerns about washington and beijing s trade war so if you fix of the tariffs have been modest they ve boosted some production costs according to the fed several american companies warned the motown could hurt their businesses after president don t trump said washington was ready to impose tariffs on all chinese imports on wednesday the u.s. government proposed another round of trade talks with beijing. and apple has unveiled its latest month line up with the customary fanfare the tech giant says the i phone ten s. and its biggest sibling the ten s max out a fast as i phones is about liquid proof and have the most secure facial into cation technology in a spot for apple is counting on handsome profits from the ten as macs with the company s biggest display so far. that doesn t always mean the efforts back to sydney first and the battle for it live in syria thank you ben well u.n.
a move claiming high interest rates would worsen the country s economic problems turkish regulators have also decided to ban all real estate business in foreign currencies all transactions will now be handled in lira it s also another attempt of course to support the county which continue to tumble even after many to explore there is with dollars like the president had told them to let s rope in craig our analyst in london along with our wisdom bill correspondent dorian jones craig starting with you how much of a boost is that right rise given the lira. it s give me quite a boost so far i think for two reasons firstly is that the actual rate hike itself surpassed expectations by around two percent which is always going to be the reason is that there was still i think a little bit of warre that the central bank would shoot what markets were expecting because of the pressure being put on the quit on its president so the fact that
a big concern and that is i mean the talk of the street going forward there is a realisation that there will be a likelihood of a recession and that means job losses the country is awash on social media of talk of big companies in trouble and the fear is that there will be a major rise in unemployment so there is realisation of the country he s facing very very tough times ahead even in spite of this action by the central bank and the fear is that if those top time to go to get worse the president could possibly intervene put more pressure on the central bank to reverse its stance and that would be a big concern among investors as well as the concern that investors make far more steps be taken on the fiscal side as well craig you mentioned more measures need to be taken what needs to be done to ward off recession. alternately we need to see stabilization in the currency markets. for turkey to have any chance of either avoiding a recession or more likely not ensuring that it s not quite
happening in germany as well we re struggling with in the liberal democracies we re struggling about open societies that are internationally oriented versus and in turn one point of view interview on ourselves and being national interests and that s what happening inside states as well as in germany so there might be the same reasons but don t trump is actually not a good argument for any right wing populist in germany because most of germans even conservatives would find it as you want question what we re talking about politics here you know your party is really taking a beating in the polls the d. the far right party has actually gone up in the polls. and how do you explain that do you wish to do you wish that there would be someone in the left or the center left that would unify everyone and to maybe bring your party back up now or don t you wish that there were some type of force the way we re seeing in the united states and no question i d be happy but better better polling about
why things are happening in germany as well we re struggling with in the liberal democracies we re struggling about open societies that are internationally oriented versus and in turn one point of view interview on ourselves and being national interests and that s what happening in ited states as well as in germany so there might be the same reasons but don t trump is actually not a good argument for any right wing populist in germany because most of germ. even conservatives would find it let me ask you one question what we re talking about politics here you know your party is really taking a beating in the polls the giftie the far right party has actually gone up in the polls. and how do you explain that do you wish to do you wish that there would be someone in the left or the center left that would unify everyone and to maybe bring your party back up now or don t you wish that it was some type of force the way we re seeing in the united states and no question i d be happy but better