What are we doing what, when, and how will it turn out to secure jobs and economic recoveries engine trouble shares in royals royce fall toward the bottom of the European Market as the Aerospace Engineer sees the Credit Rating cut. And the European Commission reportedly strikes a deal with roche to supply covid19 treatments to eu Member States but the swiss drug maker telling us its committed to meeting the needs of patients worldwide. And the stock markets here in europe have been trading for an hour so well well dive into what were witnessing the market has moving slightly positive modest gains here. Not exactly keeping pace with wall street where weve seen gains on the three major indexes but markets have been softer especially on the core markets theres been a lot of german stocks, in particular. Its been slightly disappointing week in terms of pace of acceleration for stocks here as the heat map is telling you, theres fairly evenly split trade between some of the gainers and loser
Welcome to the program as investors around the world sell their shares on fears of a recession here in germany the focus is turning to fiscal policy after years of solid growth and a commitment to a balanced budget calls are not growing on the government to boost spending to stimulate Economic Growth europes largest economy is facing a number of short term challenges including a lack of the Digital Infrastructure an aging population and an expensive commitment to switching to renewable energy. A quarter of the british territory of gibraltar is meeting to discuss the fate of an impound iranian tanker the vessel has been at the heart of friction with the west over economic sanctions and one sparing the brunt of irans International Isolation are Business Owners and ordinary people there live have become very difficult. From the ring in port city of bender a whole line of tankers can be seen transiting the strait of hormuz they come from the entire region kuwait bahrain and the United Arab
A consignment of refrigerators. Its becoming increasingly hard for it to trade with other countries. But. This are used to wait for one or 2 hours for permission to dock in dubai now i can wait one to 2 weeks and see wondering if they let me in or not because of the u. S. Sanctions ive got chinese traders you know insist on cash payment from iranians like myself we cant make Bank Transfers all because of the sanctions. Every day life is becoming really difficult in iran foreign products are now scarce even medical technology and pharmaceuticals which plant targeted by the sanctions. Knows how bad it is and what he needs. Really like to do business with traders from further afield than dubai and china would also be great to buy goods directly from europe but for that Bank Transfers would have to be reinstated. Visas should be given more freely to business people. Is it ok to sack very. Well but he says more and more traders from other countries are turning away for now his business rema
Arrived from dubai with a consignment of refrigerators. Its becoming increasingly hard for him to trade with other countries. This are used to wait for one or 2 hours for permission to dock in dubai now i can wait one to 2 weeks out at sea wondering if they let me in or not because of the u. S. Sanctions ive got chinese traders you know insist on cash payment from iranians like myself we cant make Bank Transfers all because of the sanctions. Every day life is becoming really difficult in iran foreign products are now scarce even medical technology and pharmaceuticals which plant targeted by the sanctions. Knows how bad it is and what he needs. Really like to do business with traders from further afield than dubai and china would also be great to buy goods directly from europe but for that Bank Transfers would have to be reinstated. Visas should be given more freely to Business People to. Create a saturday. But he says more and more traders from other countries are turning away for now
A chance. And they saved the european idea. Mike i need to stand up for European Values and contribute to something important coming up see a. Future of europe start september 2nd on d w. Being g. O. P. And government. Living abroad to be able to invest in the country. Is now relaxing finance rules making it possible for them to do just. Means. And be paid to tourists stayed away from the country following deadly attacks but thats changing and the Tourism Industry is recovering. This is business africa. As well come these european government is embarking on a series of reforms aimed at opening up the economy along with a commitment to private several state enterprises column and has agreed to. Living abroad to invest and set up lending businesses in the country. That has not been possible because the government fit the influx of foreign money traditional small scale lending practices and economists see the opening up of the financial industry to the country. As a trial run. 5000000 eth