china makes its move announcing retaliatory tariffs songs sixty billion dollars worth of u.s. goods washington says it's not backing down and says it's close to reaching trade deals with the e.u. and mexico to present a united front against beijing. and the space race powered by the private sector amazon's jeff bezos goes up against tesla's eat all mask will be first for liftoff. this is your business update on how men are free in berlin glad you could join me donald trump's top economic adviser says the united states and china have been holding high level trade talks for the two sides of creative found little common ground larry kudlow describes china's threat to impose another sixty billion dollars worth of tariffs on the u.s. this week and said the world's second biggest economy was quote in trouble the trumpet ministration continues to accuse china of stealing intellectual property
a secret. from you can rent the place per day four hundred to two hundred fifty euros or if you do the math on the monthly rent is covered up in just ten days of. finance york and after that you start making a profit. but given. the idea behind air b.n. b. is that tourists like to feel at home. since its founding the company has grown from one hundred thousand registered listings to four and a half million b.m.p. rents out more rooms in munich than the five largest hotel chains combined. in northern germany some landlords have even kicked out long term tenants so that they can profit from the air b.n. b. . one a good thing about suspected that's what's happened to her. she lived in her apartment for thirty three years she raised the children there and knew all her neighbors and she got an addiction notice that none of the claims you needed the flat for his own
use. that enough to make him typically someone suggested i take a look at the m b s if they suspected it was being offered on their website and committed yet this is the out on have am be part of her kitchen are still in the apartment it now costs fifty nine years panetta and that's eight hundred a month more than four times the original rent money going to be able to now is to pay much higher rent elsewhere and is suing their b. and b. for tourists a cheap option below days around the world but for residents looking for rentals it's a potential nightmare. amazon founder jeff bezos could be falling behind in the private sector space writes there are signs that his firm's heavy rockets at the lift off and twenty twenty may slip behind schedule his company blue origin faces stiff competition from none other than eagle musk and his face xx. just
a month ago amazon founder jeff bezos is rocket company successfully pulled off its most important test to date. but reports are now saying the twenty twenty left off date may be moved back engineers are still finalizing details on the heavy launch rocket bases as frequently stressed that the timing depends on perfecting the vehicle safety. gear. and stand down this vehicle is going to carry humans we're going to make it is save his we can make it we're going to test it we're not going to take any short cuts so we'll put humans on this vehicle when we're ready and not a second sooner the reusable launch vehicle will be used to transport satellites it will also take tourists into space and bring them back to earth again. can you imagine how alan shepard must have felt.
development benefits for for people in africa but we should say that your report also points out that forty percent of financing does go to other energy sources not fossil fuels i'm seeing here i mean that's not nothing how is that being used. yeah a lot of that finance is for transmission and distribution expansion so expanding the grid a lot of that sort of that other category is site is in large hydro which we don't count as surviving energy and that's actually you mentioned that the world bank group disputes our estimates that's one of the areas of difference that we have with them we count that as other instead of green energy because of its social and environmental impacts but there is some finance going to renewable energy as well to solar and wind and our our emphasis is that you know we look at the evidence and the analysis by the international energy agency and we see that if we want to achieve universal access to electricity for the hundreds of millions of people in africa who currently are without electricity it's going to require more investments in renewable energy i mean you mentioned access to the great some places aren't yet
connected to the great so should we be telling countries how to get online what about using fossil fuels as a stopgap. i think it's up to the governments themselves and the people of african countries to make decisions on their energy sources and what kinds of projects they want to invest in but i think that the evidence shows that on a least cost basis if we want to connect the hundreds of millions of people without access to electricity in africa right now to energy services that the most affordable way to do so for most people on the continent is through distributed renewable energy through off grid and many grid approaches i'm rather than through fossil fuels as a stopgap so a lot of the communities that are rural communities that are that are off the grid that are using diesel generators for example right now that's an extremely expensive way to produce energy services and there are innumerable turnitin is that are becoming more oh by the day i see because from oil change international thank you. and that's it you're up to date with the latest from the world of business
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first home to news of species. more savings. see which of those are big changes and most start with small steps globally two years told stories of creative people and innovative projects around the world like news has come to church use to bring energy solutions and reforestation. they create interactive content teaching the next generation about environmental protection and more determined to build something here for the next generation of low blood dio's the multimedia environment series on g.w. . where the real challenge resides. when i come from there are lots of people in fact more than a bit in the future but launches democracy that's one reason why i'm passionate about people and aspirations and they can. and. those television reporters tried to