continent's future. reporting and going down for youngsters testing share their stories their dreams and their challengers. the seventy seven percent of. platforms africa is charging. donald trump's decision to reimpose sanctions on iran is turning up the pressure on companies the market of eighty million people was open for business now phones will be forced to pull out billions of dollars of investment also coming up is a was to reform france and europe you're into and manuel presidency we've looked at his achievements and challenges and. iraq and women bash heavy loads just so that a few businessmen can avoid paying imports. and daniel winter this is your business update. the u.s. president wants to reinstate the sanctions against iran over concerns about terror on the alleged nuclear program but that couldn't have come at a worse time for the country's economy iran's currency has been under pressure for months the reaal has lost over a third of its value against the dollar since december to iran is also grappling with high unemployment among recent university graduates thirty six percent of men can't find work and that number is a staggering fifty percent of women and that's not the only challenge iran is facing a lack of private investment jus in part to a banking sector that can barely afford to issue loans to iran is investing less than three percent of its g.d.p. in maintaining its aging infrastructure which further hampers business development but companies worldwide could lose out as the u.s. re imposes sanctions just take european achrafieh manufacturers which face losing thirty eight billion dollars worth of deals. thanks to the euro nuclear agreement airbus was able to secure a deal for one hundred aircraft with iran. however at least ten percent of the components for its planes come from u.s. producers and this detail is likely to pull the plug on the sale. of anything that has any us content and i mean dealings with us and then gets we exported to iran is going to come under scrutiny and i think that we need to be looked at very very carefully. competitor boeing which struck a deal for eighty planes with iran is also likely to be forced to cancel their contract along with various other aircraft producers among the companies french producer took tar looked out to cash in together with the chinese business it struck a far billion euros deal to tap to south pars of field firearm now it seems unlikely that the country will be able to continue in many markets. where the oil structure is going to be a very significant one i mean what the markets have already. found is that yes there's going to be some tension and prices have risen a little bit before the announcement was expected have come down a little bit since. international comic is also had high hopes p.s.a. peugeot citroen was planning to build a plant in iran and renault hope to produce one hundred fifty thousand cars for the country. fox wagon was also planning to enter the market. for now all those companies and iran itself are seeing their plans move further out of free choice due to one country's determination to strike a better deal. for now these companies will have to rush their business through or face a sudden shutdown saw financial correspondent daniel cope. even more pressure for german and european companies in a newspaper interview the new ambassador of the united states to germany used again very strong rhetoric c.e.o.'s who won through continue doing business with the how he calls it more lower regime should say this openly in public european companies see actually a big potential in iran german exports to iran where worth an estimated three point five billion u.s. dollars but when you compare this to the business with the united states of course this is nothing but that number there is around one hundred and fifteen billion u.s. dollars some companies also airbus want to get now as many deals as possible through before sanctions are imposed and t.n.t. admits it made a big mistake hiring this man michael cohen but all trump's personal lawyer contractual payments amounted to six minutes past six hundred thousand dollars are now under the spotlight as cohen is under federal investigation he was hired to advise eighty into your new trumpet ministration which the firm's c.e.o. now says was a serious misjudgment the lawyer for adult film star stormy daniels revealed earlier this week that a slew of companies paid cohen to get information on the presidency the disclosure of the company's relationship with cohen could affect whether an eighty five billion dollars deal to buy time warner gets approval next month one which donald trump called not good for the country. wall street titan j.p. morgan chase has become the latest fund to apply for a controlling stake in a chinese securities venture this comes just a month after beijing put new rules in place to open up the economy previously foreign ownership of local financial companies was not allowed that hampered growth if approved morgan will own fifty one percent of the new venture. this week marks one year since france elected my friend here among well mark wrong since then he has wasted little time following through his campaign promises and of economic and fiscal reforms the result unemployment figures have dropped slightly and the economy is taking off so has his first year in office been a good one well that depends on who you ask for a few months louis coty a has felt like he can breathe again he can finally hire people when he needs to make short term production goes without risking bankruptcy order volumes at a small electromechanical company fluctuate constantly. yet there was. a severance pay settlement camps. before you didn't know you might have to pay out. in a dispute you could very easily end up around the one hundred thousand euro mark. make or break for my business. now we're able to take the risk and we've just employed someone. that. severance pay reform and others such as the lowering of taxes on capital has given employers faith in the government. giving us hope and not just because of his reforms the business climate is simply better. for the first time our country has someone in power who is on the side of business was giving up on. trade unionists are critical of reforms they say he's rapidly demolishing the country social safety net so we hear these policies are socially unjust and benefit only the richest in the country for example has raised taxes on retirees and lowered capital tax that's a step back to the nineteenth century curtailing workers' rights and opening the door for employers to negotiate directly with the workers. and the unions won't let that happen without a fight but the business community says the reforms have not gone far enough. which is top of the current us a small business to step itself like a big company following thousands of regulations which stem from who knows where. there has to be legislation adapted to small business to lower operating costs are going to be internationally competitive in france as a massive trade deficit. if you see. so far france's young president has not been fazed by his critics for the most difficult reforms the public services and pensions haven't even begun yet. the deaths of two women who were crushed in a stampede at a border crossing has highlighted the darker side of morocco's trade relationship with spain most of morocco's imports come by the way of spain some make the thirty kilometer crossing from the spanish port of alga sirus to say uter in morocco which is a spanish enclave on the northern coast afterwards there transported through customs into morocco some importers take advantage of a loophole to avoid paying customs duties namely by having the goods carried literally and its morocco's most vulnerable women who pay the price. every pace is a struggle hand to hand battle with burdens weighing up to one hundred kilos these moroccan women work as mules moving merchandise across the border from the spanish enclave of seawater into morocco. all this to get fifteen euros per trip the taxi to the border cost four euros before we even start how are we supposed to eat. legal commerce across the border between spain and morocco or tax evasion goods carried across the border on foot don't attract import duties depending on what they carry these women earn between ten and twenty five euros a load. i am sure you have. the traders well organized by wholesalers who make a generous margin. for general model gain a bit like the moroccan state gives nothing to women what do you want that they go into prostitution no they come here they transport a packet and then they can feed their children or i don't recall that out she was a mother and her blind daughter it's handicapped women the elderly single mothers or widows morocco's most vulnerable women who do this heavy work. a few weeks ago two women were killed in a stampede crushed by the weight of the bundles now spanish authorities have imposed stricter regulations on the trade they've demanded that the women use trolleys many say that this has only made the job harder. but these women count themselves lucky to have been able to get over the spanish authorities only allow four thousand porters per day to cross some will have to sleep rough on the spanish side of the border. some will resort to desperate measures to cross undetected with their cargo. also that a few moroccan businessmen can avoid paying us. and that's all of your business you can catch more social media pages i'll be back with more in the next hour. i'm going to. cut. to the to. going to. the to the to go. to the to a. generation is losing. thousands of young jews are leaving france fearful of anti semitic silence. is one of. cynicism is increasing claims the only solution is to go to israel. is immigration the only option clinton. and the new anti-semitism. deal if. they make a commitment. they find. in stronger come africa a story about people making a difference shaping their nation and going to the continent of africa on the most critical stories about motivational change makers taking their destinies into their own hamstrung. multimedia sirus mcgraw. called africa on the move. the placing. and the curse. are suppose nature and in this scheme. the answer to the tropical first. there's a song to succumb to. the source of to. destruction. starting to g.w. took leave. you. alone and a very warm welcome indeed to focus on europe with me peter craven now he is accused of starting up anti immigrant sentiment he's a fierce opponent of much of what the e.u. stands for.

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