A surprise today experts thought that this would most likely happen later this year we are learning that Interest Rates will be lowered from 1. 75 to the level of only 1. 5 percent this is the 1st time this is happening after since 3 years that the south Korean Central Bank is making a decision like that and it said that they have to decide to do so in order to help the economy to recover a little bit of growth expectations have been declining there and also the inflation rate is lower than expected it is believed that you g. D. P. Growth of south korea will be only a fall off a level of 2. 2 percent this will be the slowest growth in the country since more than a decade and south korea is just like germany a very export oriented country while this is happening the Monetary Fund the i. M. F. Has warned that global trade is slowing and it is urging countries to avoid further conflicts and weve got a very interesting statement from the i. M. F. Chief economist lets listen in. This years external sector report shows that the world is doing less business with itself confused with the i. M. F. Chief economist explain we are seeing Global Growth global trade grew old slow which tells you that this is not just about shifting of trade to different parts of the world but in actual overall reduction in in trade so this is having a fundamental impact on global trade the i. M. F. Points to international hostility as a cause Global Financial leaders have made no secret of the fact the trade war between china and the us is having an impact but i. M. F. Economist Peter Gopinath says the bilateral imposition of tariffs has not had the punitive effect intended instead higher tariffs have been associated with increased prices for consumers and waiting on global trade investment and growth. The report urges countries to avoid further conflict and repeats a familiar refrain that along with a disorderly brags it and school asian trade tensions remains the main short term risk to the global economy. So daniel its the consumers who are suffering not just oh yes absolutely consumers and i guess also traders are paying a very high price at the moment for the trade conflict of prices of many products have been going up because of this reason and at the very end all of this is of course also hurting companies as well we have talked in the last days about dropping car Sales Numbers for example and it seems that the current economical sentiment is not really helpful right now in order to do a big investment then youre back to Interest Rate cuts what about the e. C. B. Whens it going to start making cuts again. Yeah thats the 1000000. 00 euro dollar question at the moment whether it is believed that all of this could happen this fall thats what many analysts are telling us that the e. C. V. Will most likely follow this worldwide trend that we are seeing at the moment but we also know that the e. C. B. You will get a new boss in a few months most likely Christine Lagarde who has already announced her resignation from her current position at the i. M. F. And many believe that she will listen very closely to the needs of southern European Countries which economies are not as strong as for example the one here in germany or when you talk about france for example well with that we could possibly wait even a little bit longer for a change of the Monetary Policy here in the European Union so it will be very interesting in which direction she will be leading the e. C. B. The new hope at frankfurt stock exchange. Cambodia is taking legal action against the European Union in january it introduced tariffs on cambodian rice to protect e. U. Produces since then farmers have been turning to china say they prefer doing business with europe. Preparing for the harvest. In the province and prevent here in cambodia farms are often quite small. Jasmine rice will be planted on this field. A popular variety among european governments the rice farmers are under contract with rice. The Company Offers them financial backing if the adhere to its strict Quality Control standards no artificial fertilisers or chemical pesticides may be used thank you maam when the last for many years the prices were very low like that and now. In 2015 we started to grow organic rice and since then we have earned more i hope it will stay that way in the future at last and they did. It because the Company Found a hungry market for its rice in europe it even built a modern rice mill for around 9000000. 00 u. S. Dollars but its questionable whether the investment will ever pay off a company boss songs are on must now pay an import duty of 175. 00 euros per tonne of rice sent to the e. U. And suddenly the post tax to somebody in rice is nothing if it seems that there is a policy to do what theyve been doing you can move yet again tried to promotion or come with the right. Track to put and block some of the right to do you much good. Tax its not its not fair. For many years armory rice received help from their European Partners for example in the production of organic fertilizers many women are also active in the cultivation of organic rice here and learn the necessary skills in intensive training courses. That appear since the company came here our Living Conditions have improved. The message used to be the e. U. Market is open and the Sales Opportunities are huge. But since the e. U. Imposed custom duties on rice after pressure from the rice growing countries like italy and spain orders for on rice have tumbled by 30 percent at the mean time come try to find. China. We would like because. Believe. Me you market. Most recently rice and its approximately 4000. 00 contract farmers supplied around 30 percent of the use organic jasmine rice but now facing new trade barriers cambodia is putting up a fight taking the e. U. To court over the import tariffs. Now to some of the other business stories making news the European Union has fined to make a call come 242000000 euros for what regulators call predatory pricing between 20092011 the charges relate to the sale of chips to a low cost which the e. U. Says was intended to drive a rival out of the market. Netflix has reported weaker than expected subscriber growth last quarter in total 2700000 you subscribers joined the Service Worldwide while the number of u. S. Subscribers declined slightly analysts blame increased competition in the streaming market from rivals like walt disney and h. B. O. And building based online bank n 26. 00 is now germanys highest value startup its raised 419000000. 00 euros in additional funding taking its valuation to 3 and a half 1000000000 euros which is the french capital comes as the company prepares to expand its popular brand of base banking to the United States and brazil. Iran isnt missing out on the rise of Digital Currencies many people they hope bitcoin could be an antidote to some of the pain caused by the reintroduction of u. S. Sanctions but a recent crackdown on the machines used to mine the crypto currency has exposed a legal gray area. Legal or illegal either way Bitcoin Mining machines are becoming an ever more familiar sites in iran in some cases like here in the markup of the province in the northwest entire batches are being seized by the police elsewhere though theres little sign of a crackdown. As the country grapples with renewed economic turmoil people are turning to mining the Digital Currency in the hope of generating an income in a currency they consider less volatile than their own but the practice has exposed a legal gray area. The country has clearly turned into a heaven for bitcoin miners. The business of mining isnt for bitten by the law but the government and central bank have ordered the Customs Bureau to the import of Mining Machines until new regulations are introduced. And its not only the hope of avoiding the worst effects of recency imposed u. S. Sanctions thats making bitcoin attractive in iran mining the Digital Currency requires huge quantities of electricity which the government subsidizes but critics say pick cotton Mining Centers like this one recently uncovered in the city of abuse the system state subsidies being used to make a profit in a decentralized currency a new issue in the debate about the future of money. And if someone bite off more than they could. Have been tossed wants to enlist the club head to believe thats according to germanys manager magazine it had turned over the hosts affiliated company would confirm the report last month the Investment Firm bought a 37 and a half percent stake in the cost of 125000000. 00 euros plans to increase investment players and hence its Digital Strategy and approve the clubs global marketing. I say business. Luck. Of. The female. Body. Thanks freedom of movement and are you going to your audience. Its a reality that affects a number of private citizens and businesses. Opportunities to europe wide freedom of movement conference. Benefits what is the potential for abuse. In 30 minutes on d w. And. Language courses. Video. Any time. W. Media sector. The World Population is increasing the climate is changing its getting warmer and there are going to be more and more places where you cannot grow traditional problems we have to fix that some the white to do that is to use the modern genetic modification methods to make better crawl it is a lot safer than anything weve done by traditional kinetic most of the places you take one journey you know exactly what it is and you put it into another plans would come up exactly where its gone i think we will be able to provide enough food for people by 2050 if we can make crops that will grow under semi arid conditions this will achieve a much greater stability in the food supply that we have at the moment. This is the doubly newsline from men president try. Uses racist tones against for minority lawmakers to rouse his republican base. Supporters chance side back as the president names the congresswomen fight with his riffs on race. In the white house