On a mission quite a lot of programming go on very very me show you because you can show that with us our innovations magazine for any. Of us from the coming week and always looking to the future on d w dot com science and research for any show. This week saw the biggest seven day fall in global stocks in the past six years on monday the dow jones tumbled as much as sixteen hundred points a record for a days trading paradoxically analysts saw good u. S. Economic data the previous week as part of the reason for the sharp drop. Well i think whats happened in the past couple of days is from the little bit of a hangover from those fridays tyros numbers and in particular they shot royce white stripes and that i think has really crystallized concerns the Federal Reserve on a much faster tightening cycle and thats pushed bond deals up but its also put pressure on the u. S. Stock markets and not only u. S. Markets the panic spread to asia where investors went on a selling spree on tuesday tokyos nikkei index fell by nearly six percent. This isnt normal its probably because of the plunge in the us i thought the economy was in good shape with share prices going up but a sudden drop like this makes the future outlook unclear the more the stock prices went up too far without reason its time to hold tight and. There were big losses in europe too although shares recovered slightly on wednesday only to slide again later in the week analysts tried to look on the bright side. Is in through if we went up too fast twenty one percent last year in the u. S. Alone no one knew when a correction would come but one thing is clear the fundamentals are stable so we dont have to fear that its going to keep going down Vita Montanaro and get. The weeks final tally hunkers hang seng lost more than nine percent somewhat less than japans nikkei and the dax in frankfurt u. S. Stocks gained on friday but the wild week of losses seem to prove the cliche that stocks take the stairs up and the elevator down. After a marathon session germanys conservatives and social democrats struck a deal on forming a Coalition Government the grand coalition would keep on the americal as chancellor the social democrats are to receive several top cabinet posts and the interior ministry will go to americans but very allies the c. S. U. They praise the agreement. On september the one reads these one hundred seventy seven pages and i hope they will be widely read will see that what we are proposing is good for the people of our country on the fall. But the optimism that the three leaders tried to convey is not entirely shared by the German Business Community Industry Associations complain the hoped for Corporate Tax cuts were not written into the deal. And they say the new agreement will end up making firms pay billions more to help insurers. Employers also reject tighter restrictions on temporary job contracts they say dont make it harder to react flexibly to the ups and downs of the economy. Its a surprising together of costs regulations and additional changes for the worst especially compared to the program agreed in the initial talks between the parties because this is significantly worse based on business representatives responded positively to a vow to expand Internet Connectivity but found fault with the time frame which would guarantee fast broadband throughout the country by two thousand and twenty five too little too late they say. In the from the standpoint of german industry we cant be happy with this its much more about redistribution than about creating the conditions for more prosperity on unions have signaled cautious approval of the agreement including moves to raise child benefits and invest more in schools than a scaling if the Coalition Agreement succeeds in improving millions of peoples lives. Whether its a nursing or an education or in pensions that is both and that would be a very positive signal of change in our society for the positive for the bidding on was like a social but for business lobby groups that is not a positive signal they want more investment in research and development in future oriented technologies like Artificial Intelligence otherwise they say the German Economy will find itself lagging behind. After serving jail time on charges including bribery perjury and embezzlement one of south koreas wealthiest and most influential managers was released on monday lead j. Young also known as jay wiley served just one year of his original five year sentence. All right over the phone with a working girl again i feel very sorry to everyone for not showing my best side. New york and its been a really important year for reflecting on myself im going to do that i will thoroughly check and do my best in the future. Leave was embroiled in the biggest bribery scandal in south korea in history. In his first trial he was found guilty of bribing the countrys then president going hey an Appeals Court dismissed most of the charges including that payments for a horse for the daughter of one of president pax friends were made in return for political favors to others some son managers also had their sentences suspended. Lee is the grandson of some sons founder his fortune is estimated at around eight billion dollars in twenty fourteen Forbes Magazine ranked in the thirty fifth most powerful person in the world. U. S. Justice Officials Say theyve struck a major blow against an International Cyber crime ring thirty six people were charged with offenses linked to credit card and personal Identity Fraud thirteen members of an Organization Called in fraud were arrested in the u. S. Australia britain france kosovo and serbia. Investigators say the syndicate was a key hub for credit card fraud its believed to have caused more than five hundred Million Dollars in losses. German exports hit an all time high for twenty seventeen figures released this week show that germany shipped close to one point three trillion euros worth of goods an increase of more than six percent compared to the previous years already record figures at the same time imports increased in twenty seven thousand to just over a trillion euros thats slightly narrowed germanys high trade surplus which has drawn fire recently from the u. S. And other trading partners. Germanys biggest Industrial Union reached an agreement with employers ending a dispute that led to a series of walkouts last week the i. G. Matal union and employers in southwestern germany have agreed on a four point three percent wage hike. The deal also allows more Flexible Working hours enabling employees to choose to work as little as twenty eight hours a week the deal covers nearly one million employees and could be extended across the country. To say saw the successful launch of the worlds most powerful unmanned rocket the falcon heavy made by ilan musks private Company Space x. Is capable of five Million Pounds of thrust and twice the payload of the Current Record holder this one lifted off with a red tesla roadster and an astronaut mannequin and released them into a solar orbit that could take them beyond mars. Crops throughout africa are under threat from river ratios larva the fall army were here in malawi farmers try to repel the pest with mixtures of chili pepper and salt commercial insecticides have proven ineffective the crop munching pests arrived in nigeria in two thousand and sixteen and spread quickly theyre now affecting harvests in almost every subsaharan country last year they infected at least half of malawis corn fields the plague has compounded the problem of the countrys ongoing dry spell. But when we use this local concoction the Fall Army Worms die instantly. So if all the Farming Families adopted this local pesticide we could rescue the remaining crop in the field. I guess it was then the farmers would have some harvest. Which i mean by minute that into. The fall army were burrows into the plant and is often only spotted when it emerges once the damage is done it also builds up resistance to chemicals. The insect eats around eighty different plants but corn is its favorite if left uncontrolled the army were and could destroy up to twenty percent of the subs a hard corn crop. German National Carrier lufthansa unveiled a new design this week this is what it looked like back in the one nine hundred twenty s. The plane sported the flying crane emblem and the company name in uppercase letters outside along with lots of luxury inside. The one nine hundred fifty s. Some more female flight attendants hold out a dark stripe the black crane logo remained. In the one nine hundred sixty s. Record profits in germany as postwar economic boom permitted a new livery design. Look tons of became positively garish with a blue and yellow stripe and a yellow background for the crane but that iconic symbol is now about to be history in future the tail will sport and white crane on a blue background the gray underbelly will turn white although it will be some time before all three hundred thirty aircraft in love transits fleet have been repainted the airline expects the costly redesign to take seven years not only the planes but the uniforms accessories and even switches have to be redone. The familiar warm yellow will gradually disappear from planes in Service Areas to the sorrow of many design and says yes who consider the new look cold and commercial. Lufthansas current design has been unchanged since one nine hundred eighty eight and the unusually long time for an airline in twenty seventeen lufthansa carried one hundred thirty million passengers making it europes Largest Airline in terms of tickets sold and its coffers are well filled with tons of spending six billion euros on expanding its brand and its reach blue and white bodies are not unusual in the industry like Scandinavian Airlines s. A. s or fin air which underwent a facelift in two thousand and eleven its new look included a modified logo and font as well as a new paint job new cabin design livery and Service Areas all of that cost the airline an estimated ten million euros. Chances new blue will be very exclusive the color was developed especially for the airline. And that ends our roundup of the weeks business stories. Making the most of six cylinders. The audis downsized its engine the r. s four a but still. Making tracks. Studios exley crossovers shows what its capable. Of when the whole is a case of social shock campaigns on behalf of the disadvantaged. Living space in hong kong is the most expensive in the world. Many people are used to living in just two square meters. This is unacceptable. Living conditions for the poor three thousand and sixty minutes. Your smart t. V. The smarter the d. W. For small. What you watch. Up today extraordinary. To decide what song. Costs more to. Get created jobs. Was an instrument of propaganda and persecution. It underwent a bankruptcy and restructuring. It still turning out films today. Germanys biggest and oldest film company. A cinematic history from the german. Empire to the present. Starting february. Welcome to drive with the d. W. Motor magazine coming up subarus new x. Me crossover. Test driving eagle in the snow. And audis fourth generation are is for
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