Where inflation is now running at a five year high. This is business asia. Is in the belly some song reported its worst drop in profits in more than four years the plunge is due to falling memory chip prices and slowing smartphone sales profit tumbled more than sixty percent in the First Quarter to five point five billion dollars on the positive for the south Korean Technology of warmer it was a bigger than expected demand for its new flagship device the galaxy s ten smartphone however that increase in sales was not enough to compensate for the steep decline in the Semiconductor Business on a more positive note today samsung rolls out its first five g. Capable smartphone just in time for the launch of south koreas five g. Network the first in the world. Its being compared to the moon landings s. K. Telecoms c. E. O. Park junko describes the advent of five g. Mobile Networking Technology as
a giant leap for mankind analysts say the new super fast highly reactive Networking Technology wo
The journey to the land full of contradictions. Joy and sadness. Confidence. In our documentary depicts the contrasts of everyday life. And people cope with. Iran bittersweet. Starts may second d. Double. Yellow in a very warm welcome indeed to Focus On Europe with me craven and campaigning is now well underway for elections to the European Parliament due to take place at the end of may and one thing is clear in many countries across the continent there are
fierce divisions between liberal and centrist parties on the one hand and populist right wing forces on the other and poland is no exception the country is currently ruled by the law and Justice Party led by get us where kaczynski known in poland as simply peace the party is aggressively conservative nationalist and a largely Euro Skeptic Still Opposition Voices can be heard and among them the controversial but very influential Black Metal Band be him off with their front man Adam Dark Ski Hes Come under a lot of pressure for speaki
I mean lets do Business China is a big spender in eastern and Central Europe its a basement pretty much match those of the e. U. Beijings already announced a three billion dollar fund and ten billion in credit lines for the region now with the opening of it and you will todays summit between china and sixteen incident Central European nations chinese premier. Lake and sons of his country seeks to weaken e. U. Unity he promised to respect european standards and fair trade the backdrop to all this chinas massive Global Infrastructure and Advancement Program known as the belt Road Initiative. It by not look like much but this will soon be the site of a Four Hundred Twenty Million Euro Bridge Spanning the adriatic. Its fine in some part with chinese money. Projects like these are intended to build a bridge between beijing and states in eastern and southern europe. Beijing hopes
of further cement its foothold in europe for its belt and Road Initiative it would see china secure Transit Corri
Around the world unite. Lets do business u. S. President donald trump is suing to stop it handing over financial records about the banks dealings with the new York Real Estate mogul Congressional Oversight Committee subpoenaed the documents. For years the job has been from main and sometimes only creditor financing many of his Construction Projects democrats in congress say they want to investigate possible financial ties between trump and russia. Was reportedly concerned about its exposure with trump as he was campaigning for the presidency and now says it is fully cooperating with congressional committees in washington. To frankfurt where doj is based and our financial correspondent. The president suing this this is very interesting and also would have to be georges biggest nightmare come
true. Well its certainly a big nightmare if not the biggest nightmare coming true well you cant really see what the biggest nightmare when it comes to do it your bank but it has been a loyal lender
Forseen the god made the comments in paris at a gathering. Of ministers in france washington is accusing beijing of backsliding on its commitment to head off an expected trade deal this week slapping new tariffs on chinese goods just as a trade deal looked likely more uncertainty markets were bullied by news that a chinese delegation would be headed To Washington for a final round of trade talks but then the u. S. Side revealed why President Trump had increased tariffs on billions of dollars worth of chinese goods accusing beijing of bad faith for the stewards of the World Economy the stakes could not be higher in paris i. M. F. Chief christine like out issued a stark warning she said clearly that tensions between the United States and china are the threat for the World Economy and frances Finance Minister said the uncertainty could be felt around the world. Global
growth is slowing down and the first reason why Global Growth is slowing is the risk of Trade War Two of these could do co