Venezuelans feel the bite of u. S. Sanctions gasoline is scarce leading to long lines at the pump and growing tensions well give you the details. Also on the show as the Greek Economy emerges from crisis is the countrys real estate boom a blessing or a curse. And celebrity chef jamie oliver loses part of his Business Empire and hundreds of his employees stand to lose their jobs. Welcome to business im Stephen Beards in berlin thanks for joining us life in venezuela has been hard in recent years and occasionally crushing from the countrys hyperinflation to its lack of basic goods and declining medical care at least gasoline was always dirt cheap and generally available but now thats under threat u. S. Sanctions are making fuel more scarce take a look. Money doesnt count for much these days in venezuela hyperinflation is
rampant and u. S. Sanctions are making things worse. Gasoline has been heavily subsidized for years in the country and now costs practically nothing to contrast with oth
bullying and european lawmakers not to follow the lead of the white house also stated that the u.s. government underestimates its power especially when it comes to development of 5 g. networks as in the east horo their force in new york thank you. and now to a 7 year battle over the rights to a name between a company and 8 latin american countries online retail giant amazon has provisionally won the right to the dot amazon domain and that s a blow to the coalition of governments fighting for the title on the basis that it referred to bare geographic region the decision will be finalized following a 30 day public comments period. and back to europe greece is experiencing a tourism and investor boom property prices have risen by 2 percent since last year when the country s eurozone bailout program came to an end construction permits
experiencing a tourism added and best of boom property prices have risen by 2 percent since last year when the i.m.f. bailout program came to an end construction permits have risen by more than 10 percent but while all this growth is good for the economy in athens local communities a feeling the pinch is the don t use rebecca rivers. from an economy in tatters rises a city in the not long ago athens lay at the heart of the country s debt crisis now tourism is fueling a real estate revival but the knock on effects aren t always desirable to the locals but never changing because a lot of people because all those virtually throw them out in order to explode the apartments being the tourists who come here for just 3 or 4 years we don t consist a society or you know something to to mingle with with locals to shop owner has lived and worked in the city his whole life he says the stories of
with what needs to happen in the e.u. in order to close that gap. well it s really of course was this is will be any and the right wing populists will not work which to e.u. day there will always argue that you can blame the e.u. for the domestic problems in italy. there is no simple answer how to overcome it you got to be straight and clear with how you conduct policies how you do the comparison and the competition between these countries and we need to have a clear message that we want to continue and prosper europe ok so it is difficult to say if it s a tall order but let s hope they listen to it mark is a real difference and gallon university thank you so much for coming and grace is undergoing something of an investor and tourism boom property prices have risen by 2 percent last year when the i.m.f. bailout program came to an end construction permits have also risen by more than 10