Susan are coming to. Explore the various flavors of sonic creasing. Fusion and so i am a challenge for you. Start september 1st on d w. 3 days take the United States fiscal shortfall to one t. V. Truong tariffs and tax cuts are set to widen the budget deficit to one trillion dollars in the next fiscal year. Served up but so is security and the french resort town of garrett host of the upcoming g. 7 summit residents and Business Owners are worried the locked out will hurt the local economy. And u. S. Travel restrictions. Take a slice out of cubas tourism sector. This is the w. Business im john nelda on in berlin welcome the u. S. Budget deficit is expected to balloon to more than a trillion dollars in the next fiscal year the Nonpartisan Congressional Budget Office warns that federal debt is on an unsustainable course it says the budget deal signed into law earlier this month would increase deficits by 1. 00 trillion dollars over the next decade the cvo is also projecting Slower Growth
Growth precarious Global Economy Uncertain International Monetary Fund and the world bank kick off their annual Spring Meetings with warnings to the world. Also coming up after months of disagreements the e. U. Has green lighted trade talks with the us setting the stage for the real challenge convincing washington to agree to a deal. And its said to be one of the biggest Oil Refineries in the world built by the richest man in africa but will it be good for nigeria our correspondent funny went to find out. Welcome to the business im john nelda and in berlin good to have you with us its a recurring refrain by now but with undiminished urgency i dont use Conference Marking the start of their annual Spring Meetings the International Monetary fund
and the world bank said seventy percent of the Global Economy is caught in a slowdown Trade Tensions that distrust and for policy making arent helping either well talk to our correspondent in washington in a moment but first this report. Room Sixt
business i m john nelda milan in berlin thanks for joining us the company about describes itself as a platform for inspiration had its first trading day on the new york stock exchange pinterest thought stocks surged more than thirty percent in its debut its valuation has been put at twelve point seven billion dollars the digital fan board site dedicated to sharing pictures of food fashion and travel claims of more than two hundred fifty million monthly users it s the second biggest u.s. i.p.o. this year after riding hailing out lift went public last month like a few of its unicorn peers however it is unclear when or if interest will ever become profitable. yan s court to followed the i.p.o. for us on wall street high end so first lift now pin to rest another bellwether for how tech unicorns might perform as
growth precarious global economy uncertain international monetary fund and the world bank kick off their annual spring meetings with warnings to the world. also coming up after months of disagreements the e.u. has green lighted trade talks with the us setting the stage for the real challenge convincing washington to agree to a deal. and it s said to be one of the biggest oil refineries in the world built by the richest man in africa but will it be good for nigeria our correspondent funny went to find out. welcome to the business i m john nelda and in berlin good to have you with us it s a recurring refrain by now but with undiminished urgency i don t use conference marking the start of their annual spring meetings the international monetary fund