The government is not always sharing in the front. For business on the w m how do you get us welcome to the program the u. S. Trade deficit drops to its lowest level in nearly one and a half years in october according to the Commerce Department the trade bill fell 7. 6 percent to 47200000000. 00 as both imports and exports declined this could be a direct consequence of Donald Trumps america 1st policy which seen several disputes including a trade war with china the trade deficit with china fell about one percent to 31300000000. 00 while imports remained unchanged white house has accused some of the u. S. Most important trading partners including brazil argentina and the European Union manipulating their currencies at the expense of u. S. Manufacturers. In new york is standing by with more. Thank you very much for joining us yes now reducing the trade deficit as we know was one of Donald Trumps big goals is his trade policy working. Well at least for one month we have seen the in paying specially china was the reason that the trade deficit in october but 1st of all not just imports but also exports dropped overall and thats not not necessarily. For a stronger economy and then even if. Imports from china dropped a bit imports from other countries actually have risen and if you look at the 1st 10 months of the year we still have a trade deficit of a good 520000000000 dollars and that is the the biggest trade deficit that weve seen in 11 years so overall the United States is still having a huge trade deficit so nothing really to cheer about those numbers had this moment in the Administration Still a long way to go thank you very much quarter on wall street for the analysis. A german lobbying watchdog is accusing months santoro of secretly financing scientific studies cologne based ngo lobby control says monsanto now a subsidiary of germanys higher coal finance 2 studies by germany versity of 20112015 was concluded that the companys flagship pesticide life ill say it was very important for farming the ngo says monsantos undisclosed influence in the public debate about the controversial substance is quote unacceptable Parent Company buyer has confirmed the financing but claims the money did not alter the results of the studies in any way. The European Commission is taking action against Money Laundering and e. U. Wide authority will coordinate efforts across the block to tackle the problem more efficiently and introduce stricter regulations as events showed new measures are urgently needed. Denmarks danske a bank and its now shuttered estonian subsidiary are alleged to have laundered illicit funds for years on end some 200000000 euros making it the biggest Money Laundering scandal in e. U. History it involves some 6200 suspects russian clients. Number of money. You. Make. Currency you Money Laundering regulations have had very little bite so far now you finance ministers and the European Commission want to harmonize regulations across the block improve communications and set up a common anti Money Laundering or therapy right now supervision is patchy at best. The inning to get people who want to launder money look for those european Member States where regulation is weakest and they go there to carry out their activities thats a real problem. This isnt a. Lot of Money Laundering goes on in germany as well through gold purchases or casinos and real estate is also a good repository for illicit money. It means laundering money by using illicit gear accumulated funds to buy real estate and it has very negative effects in real estate prices and in direct reports of upward pressure on rents and in that sense it has really caused a lot of damage that analysts say that suspicious money transactions are rarely reported estimates say 100000000. 00 euros a year or laundered through german channels alone the total for the anti e. U. Must be substantially higher. Now to some of the other business stories were following for you and we stay in the e. U. Finance ministers say private Digital Currency such as Facebooks Libra should not be allowed in the block until all possible risks they possess are as they pose sorry are assessed the move confirms the tough stance that you has taken on the proposed cryptocurrency since it was unveiled by facebook in june. Saudi arabias National Oil Company iran co expects to raise over 25. 00 and a half 1000000000. 00 after its upcoming i. P. O. Was oversubscribed by over 4 times around co shares are now price that 8. 53 valuing the company at 1. 00 trillion dollars more than apple or microsoft Share Trading begins on the Riyadh Stock Exchange on december 12th. International food Group Cargill says it will invest 113000000. 00 u. S. Dollars in the worlds 2 largest cocoa producing countries ivory coast and ghana the money will be used to expand its existing processing plants there the u. S. Firm says hundreds of jobs will be created. South African Airways is to receive a 274000000. 00 lifeline sparred of a government plan to prevent the company from collapsing its a much needed boost for the airline which hasnt made a profit in several years and has been relying on bailouts to stay afloat the funds will be accompanied by what the government is calling a radical restructuring process last month a strike force the airline to cancel hundreds of flights. And we stay in the region nigeria is africas most populous country and its showing an increasing appetite for meat for centuries seminomadic breeders from 10 different african countries have driven their herds hundreds of kilometers to sell them to customers in nigeria but the ancient tradition may not stand the test of time. The market town of a layer is a 1000 kilometers away from lagos on nigerias border with new year. But even here the capitals demand for beef can be felt. The regions full army people drive their herds for hundreds of kilometers to sell their animals here. Because they get. This was you know its difficult to sell my cows in a mali or news year. When i come to this International Market i sell them easily and earn good money. It out but i always prefer coming here. To help with. The cows seem to sense whats waiting for them. But after days of travel they finally arrive in lagos Central Livestock market where buyers eagerly await the consignments. Big. Demand is enormous nigerians consume 360000 tonnes of the 3 year and the government expects that to quadruple by 2050 years beef production is still a very traditional business here. Almost all cattle are bred by semi nomadic communities using time consuming methods on communally owned land but the ancient ways are under threat the state is increasingly selling the land to investors and Climate Change is exacerbating competition for resources like water and pasture many say its only a question of time before industrial farming and production methods are introduced and cattle sheds replace the centuries old way of life. And before we go emoji is gifts and stickers have invaded all of our chats to fill them with Color Movement and humor and of course theres big business behind them too if you create the right one its like striking gold at least in china but there is a catch the government is watch. Nice silly piggie. This little creature goes through a range of emotions from pure joy to over frustration at the drudgery of a Boring Office job silly piggys antics have struck a chord when it 1st appeared in chinas popular we chat user sent it more than 30000000. 00 times in a month seeing its emotional range as an ideal way to express their own feelings and text message for. That reason its so cute and it reflects how young Office Workers feel inside me even though its grumbling that can still express that in a really lively and vivid way with and this is just. For the creator river e its been a godsend she came up with the character was working and what she regarded as adult office job now the artist runs her own studio and signs autographs for fans. In a country of 850000000 mobile Internet Users reverse creative doodling has proven lucrative. Place feel really happy time until. Some friends feel proud of me when people they know share my stickers. I think of that they tell them i know the person who made those and they feel fresh it. Its really flattering and it makes me very happy. You know its like the. River has enjoyed been able to make money from her art she will need to be careful though in order for silly picky to stay on line it needs to abide by some Strict Chinese censorship laws once when chinese president xi jinping was compared to winnie the pooh the kodaly pair was suddenly no longer available for download. Again only this. One member whenever its about business weve got your back thank you very much for watching well see you next time to care about. The be. Lucky. They created a small. Slogan coming to politics music clearly the wrong people of the Islamic Culture the buzz of making its initial flirtation obstructs in states of Emergency Committee hearings into chaos some good the 2nd choices chance the friends the older model cars. The substandard scenarios that defined so much to the Banking System in the basement steps december 23rd. Of the need to keep cool. Both for over much of home the 4th time from. Receiving deadly combat. The families at the last dragon those words called the home. To the real books on. Its time. To take one step further. And face the council. Youre on this side of life really time to search the unknown. And fight for the truth so. Time to overcome pound rings. And connect the world. Its time for. Each of you the is coming up ahead. For mines. The ode to joy from by night symphony one of the most recognizable pieces of music in the world. Were going to hear a lot more in the next 12 months as 2020 is the 250th anniversary of his birth and will be celebrated in a big way throughout the year in his hometown of bomb also coming up today. We have an exclusive interview with one of the great german film directors found out salt will receive a Lifetime Achievement award at the european film awards this week. Botts we begin with beethoven 2020 which was launched in the western german city of bomb home wednesday in advance of a spectacular year of concerts exhibitions on the events all about one of the greatest classical composers of all time. Was beethovens birthplace and where he spent the 1st 20 years of his life that v. W. Is heavily involved in the celebrations ill be talking about that after the launch of a special d. W. Classical music you tube channel with my colleague aging kennedy so this