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Venezuelans feel the bite of u. S. Sanctions gasoline is scarce leading to long lines at the pump and growing tensions well give you the details. Also on the show as the Greek Economy emerges from crisis is the countrys real estate boom a blessing or a curse. And celebrity chef jamie oliver loses part of his Business Empire and hundreds of his employees stand to lose their jobs. Welcome to business im Stephen Beards in berlin thanks for joining us life in venezuela has been hard in recent years and occasionally crushing from the countrys hyperinflation to its lack of basic goods and declining medical care at least gasoline was always dirt cheap and generally available but now thats under threat u. S. Sanctions are making fuel more scarce take a look. Money doesnt count for much these days in venezuela hyperinflation is
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This month. the united states has temporarily eased the ban on selling technology to chinese tech giant weiwei washington is delaying the band by 90 days the u.s. claims the world s leading maker of mobile network equipment is a security risk and has called on european allies to exclude while weighs equipment from their next generation wireless 5 g. networks the company s founder has downplayed downplayed the restrictions saying walk away has supplied back ups if it loses access to u.s. components. and let s talk to our financial correspondent in new york jose luis de haro who is it markets responded positively to this delay but it doesn t quite reverse the u.s. decision against huawei does it. it isn t the stephenie does not change your march but it buys time especially for you as a company to make all the arrangements and time is also key for investors who are still considered decision leaves the door open for some kind of negotiation as i go ....