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A radical depletion of forests. For 25. Years. As it. Forests and the money. The tragic reality behind the explosion. Starts july 24th on. A mixed stop to the week for global stocks china reports its slowest Economic Growth in at least 26 years analysts say the trade war is hammering industries. Built on and maybe an sat our german firm has found a way to make concrete from the days its sad which is usually what you find and crowd funding to help bring solar power to the remote villages of nigeria. Lets do business chinas economy keeps cooling. Demand at home and abroad continues to falter Quarterly Results are in line with expectations they show state supporters find the kicking in but more stimulus will be vital as chinas trade conflicts with the United States rages on. In the past 3 decades the chinese economy has undergone an extraordinary transformation developing from an inward looking agrarian based society to a Major Industrial powerhouse growth has been rapid for years double digits were the norm now the pace of expansion is slowing down in the last quarter g. D. P. Rose by 6. 2 percent followed by many standards but for china the worst performance since the early 1990 s. The governments been keen to offer reassurance but doesnt deny there are problems from. The money and generally speaking Economic Performance in the 1st half of the year was within a reasonable range and has sustained momentum and overall stability. However we should also be aware that the Economic Conditions are still severe both at home and abroad global Economic Growth is slowing down the external instability and uncertainty are increasing the unbalanced and in adequate development as home is still accused the economy is under a new downward pressure. Much of that downward pressure is a result of the countrys ongoing trade dispute with the United States which has seen the introduction of hundreds of billions of dollars in punishing tariffs. But there are home grown problems too for years Chinese Companies have taken advantage of largely unregulated lending leading to warnings of an impending debt crisis. To that weakening Global Demand dont you have a cocktail for a further slowdown in the future a source of concern far beyond beijing this years size of the countrys economy now means what happens to china happens to the world. For china. Well i think in many ways thats going to depend on what kind of monetary and fiscal stimulus that we see as a result of the way to the economys performed in the 1st half of the year i think its important to note that yes while we are seeing the slowest level of growth in 27 years in china this is being part of a decline thats been happening for some time and actually the extent to which weve seen it drop from around 6 and a half to 6. 00 isnt that extreme actually growth the 1st half as a whole is around 6. 00 so we could actually see with a little bit of stimulus towards in the 2nd half of the year we could actually see that perform a little bit better again and all of a sudden the trajectory that the cline isnt too extortionate and again it also depends on how much more this trade war those escalates if we continue to see targets being imposed naturally it is going to have significant implications but again its then down to the point of the policymakers to decide what type of response that needs and how necessary it is i think what was interesting in the data today was there was a couple of course points the retail sales figure was stronger we know how much more the chinese economy is going to be dependent on the consumer so we can look at that and say thats a positive industrial predict production exceeded expectations as well but more than we have to be wary about though is not to read too much into single data points because in fact if you look at the trend these are without actual bit of an outlier from the last few months if we can start to see it build momentum on top of that and thats a sign of things to call the not says that gives us of course for optimism for the 2nd half of the year but if it turns out to be a blip then maybe policymakers will need to be more active. Zimbabwes annual inflation rate has hit 175 percent fees of hyperinflation crippled the country a decade ago have returned president to m. S. N. Money has struggled to reform the economy last month the reintroduce the zimbabwean dollar also banned foreign currencies like the u. S. Dollar for every day transactions the Business Community has heavily criticised that move. A Global Construction boom means plenty of. Uncreate which is made of sand but there is a shortage believe it or not desert sand isnt suitable some countries have to import billions of dollars worth of sand every year a german firm reckons a new type of Polymer Concrete could solve that. In the media a country with lots of sand and important raw material for making concrete but theres just one problem unlike most sand in germany for example the desert sand has smooth round grains that makes it unsuitable for construction care got divorced and his company poly care want to change that. The german firm produces socalled Polymer Concrete in which Polyester Resins and the chemical for the curing process are added to the desert sand no heating is necessary here the Polymer Concrete is being used to make bricks. The price is comparable to normal construction prices even though the new material is 5. 00 times more expensive its also much lighter because the bricks are hollow. They can be assembled easily to make houses including recesses for pipes inquiries have come in from all over the world its pretty dont exist as he has lots of interest in china theyre always interested in new technology and you dont especially important for them that we have low c o 2 emissions he goes on and we produce about a 10th of the c o 2 that the cement industry does and they consider it one of the outstanding features of our technology i just. Dont know why loans are to be on now media with all its desert sand is very interested in the technology as well some time ago polly care trained unskilled workers here to build a house from Polymer Concrete blocks in a very short time. That polly care has now built its 1st factory on the outskirts of the capital vento and employs 15 now maybe ns full time they dont just produce the Building Blocks they also build entire private houses mainly for private farms and lodges the government is also very interested talks are currently underway about orders for residential areas. Back in germany the company has ambitious plans in a few years it wants to be doing business with its Polymer Concrete in 30 countries and their heart just continues to tinker to improve the formula the now calls for the ongoing we see it as a challenge to become a little greener than we are today and yet still today we use a Polyester Resin consisting of 38 percent recycled p. G. Bottles and we hope that one day well be able to work with a bio polymer and can i just hopes that in a few years time Polymer Concrete homes like this will also be available in germany directly. From d. I. Y. Stores with a price tag to match that of a midsize car. Now to some of the other business stories that are making headlines the e. U. Has agreed to penalize turkey over disputed drilling off the coast of cyprus it will reduce funding and suspended aviation deal cyprus called on the block to take action against the gas drilling. Turkish president breccia tie a bad one says serious Interest Rate cuts are on the cards he recently fired his central bank chief for failing to follow his orders and lower rates turkey is in recession and faces double digit inflation. Sales at french can make a p. S. A. Drops 13 percent in the 1st half of the year it attributes that a client to its decision to pull out of iran to avoid being hit by u. S. Sanctions but also chinas sales have dropped dramatically. And amazon employees in germany have gone on strike demanding higher wages coincides with the companys socalled prime day a 2 day Global Discount shopping spree in say amazon can only offer lower prices by not paying enough to its workers. Only half all nigerians have access to electricity it gets even worse in rural areas getting financing for Power Projects is expensive thats proper to bring your whole Energy Companies to seek more affordable loans further afield in countries like germany. To gleam in solar panels are obvious to anyone approaching boem boem village deep in nigerias hinterland. The solar power plant was installed here because the village is too remote to have any prospect of drawing power from the distant National Power grid. Many of bomb the bombers inhabitants live off agriculture so unlike rucka or in the own flour mills once driven by diesel generators they now get their electricity from the sun. Their return. Yesterday with 590 and we used the light overnight. We have flooded home. It also polished the brian awful my business on the my eyelids different from the time when we used. To get. 500. 00 households have already converted to the new fangled green Energy Despite initial reluctance operate a ruby tech solar says see 02 emissions of 80 tonnes a year down on the diesel generators the entire installation was financed with german help nigerias banks ask for as much as 25 percent interest on loans existing policies to support Clean Energy Business east indies in Indian Country but for those are tele supports you know when i do business the give or the require you to be. On the for the Interest Rates and some of them would also ochs for a very short time 6000 kilometers to the north in Frankfurt Germany spanking her home to crowdfunding platform better vest which specializes in projects like the bom bom a new solar plant. Managing director marilyn high braised over 220000. 00 euros for operator ruby tech investors get an enviable return of 10 percent a year for 7 years so inflation and exchange risks do apply. Our client will be take he has to pay a certain amount to us if now the inflation comes he can increase is it a christen the price to the end customers and of it clearly this is limited because it tricity becomes too expensive one day the people in the village when the tricity anymore despite such risks better vest still sees its future in africa with its enormous gaps in Electricity Supply but bright lights also cast dark shadows the boat. Most solar panels have a Life Expectancy of only 20 years then they have to be disposed of criticism is already mounting overground pollution caused by defunct lead storage batteries an inadvertent legacy of the solar powered boom. Nice in business with the for. The for. The allegations are serious. Is turkeys Intelligence Agency carrying out the doctrines across the globe. 2 men tell their stories of. Jail torture. Are the kidnappings the better ones beating. Up dr. 60 minutes w. My the phone. They will not succeed in dividing us and our not succeed in taking the people office. Street because were tired of trying to show. Taking the stand global news that matters d. Double meat from arms. This is medias africa coming up in the next 15 minutes zuma has his say south africas former president if he is before a corruption inquiry probing allegations off profs jaring his tenure but jacob zuma says hes been vilified and is the victim of a character Assassination Campaign by enemies seeking his downfall. At congos on films the 1st case of a Bowling Alley in the open city of goma will tell you why the World Health Organization says bets a game changer

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