Bank warns anticorruption protests could cause the economy to collapse the demonstrators say the bank is part of the problem. Im chris cuomo welcome to the program went 1st coming and fears are growing in europe that it could be a cold one russia and ukraine have failed to agree on a new long term natural gas transit contract thats raising fears of possible cuts in europe as russian gas bound for that you transits through ukraine theres agreements over gas payments have long marred the countrys bilateral relations with russia and a controversial pipeline project isnt exactly helping to pacify the baked this is the end of a very long pipeline 200000 steel tubes running 1230 kilometers under the baltic sea the energy megaproject nord stream to is almost complete. Russia says the old pipelines that brought its gas to western europe have reached their capacity in. Limit north stream 2 adds to more lines but it also makes russia far less dependent on the pipelines that cross ukrainian territory and that makes ukraine nervous it needs gas but relations between the 2 countries are better russias existing gas contracts with ukraine expire at the end of the year and with north stream 2 coming online its in no hurry to renew them the e. U. Has tried to mediate in vain at the time he says flying and given the date. And there must be a clear sense of urgency therefore i appeal to everyone there on the table to be constructive as possible unfortunately i have to say that im disappointed by todays outcome and i say this very open. Moscow has so far rejected the european commissions proposals russia hopes north stream too will soon give it a direct route to gas markets in western europe while freezing out here crane. Well to some he is the person who almost singlehandedly saved the eurozone from collapse others say his alter a low Interest Rate policies are responsible for billions in losses for every day savers mario druggies stand at the helm of the European Central bank certainly was controversial on monday he bid farewell as you might suspect from a central banker more cautionary then celebratory at a time of rising nationalism in some. E. U. Nations mr drug you said it was time for more europe not less. Emotional sendoff for my own donkey the european establishment praised him for keeping the eurozone intact over difficult years among them german chancellor angela merkel. Who asked in all when we can see you have never given the euro through turbulent sees. You have not avoided controversies and today we can look forward to a successful currency that if you have the secured europe and the euro area and the stability of its currency and these are truly deep traces that you have left behind. Former i. M. F. Head Christine Lagarde takes over from the party she credited him with rescuing the single currency from disaster stewardship is now coming to an end and you leave with the euro more popular than ever and trust in the e. U. At its highest level since the crisis druggy in turn offered words of support to a successor. Of the time of this crime for me to hand over to Christine Legarde and of course ive said it many times her repeated now i have every confidence that you would be a superb leader. And so it was time to ring in a new era with the changing of the guard to look dark. She takes the reins of the European Central bank on november 1st. Space tourism is about to go public starting monday investors can trade shares of Virgin Galactic on the New York Stock Exchange for the 1st time since its founding in 2004 Virgin Galactic has raised more than a 1000000000. 00 to develop a commercial service to take tourists into space the company which is the brainchild of british author Bernard Richard branson plans to offer a weightless flights to 6 passengers at a time tickets for the 1st customer sell for a quarter of a 1000000. 00. For more lets cross over to our man on wall street. Is Richard Branson they had a Virgin Galactic 1 looking for more money to fund you know what people perceive as personal moonshot what was going on here there were no clearly i mean its a costly and ever and so you need to raise money wherever possible actually it was a good start a promising start at the beginning this dog showed up by a good 5 percent in early trading but by the end of the day all of those gains have vanished the wall street is basically asking how many people are going to be willed to really pay around 250000. 00 for a trip more than 600. 00 people already made some payment for their 1st flight so off the promising start to wall street was a bit hesitant with Virgin Galactic and staying with things that could be spectacular l b m 8 should the luxury group out of france says it is exploring a takeover of iconic new york jeweler tiffany tell us more well the stock of tiffany went up by a good 30 percent even if this offer from louis of utah is roughly at around 14 and a half a 1000000000. 00 that just would have been a premium of about 22 percent in comparison to fridays closing off to phonies to wall street obviously believes a deal could be possible but not for that price so either and we need to pay a bit more or maybe there might be other companies being interested in tiffanys its the one iconic luxury brand here on or in the United States and. That was the big winner here in the monday session yes go to new york thank you. And now to some of the other Global Business stories making news Argentinas Central Bank has sharply tightened Currency Exchange controls the banks head says he aims to stem a surge in capital flight bank is also set to buy pistols to stabilize the countrys currency this comes after a left wing peronist a bafta found none this one the president ial elections sparking fears of protectionist policies and a desperate search germanys for mass buying saw an unexpected jump in earnings in the 3rd quarter of the sale of a subsidiary lower overhead and costs from bad loans led to a 35 percent profit climbed year on year to almost 300000000. 00 euros recently the lender announced plans for a radical restructuring following collapsed merger talks with deutsche bank. U. S. Trade representatives are reviewing south africas duty free access to the u. S. Market the move comes after companies complained that south africa isnt doing enough to protect u. S. Copyrights the review could mean new terrorist on over 2000000000 dollars worth of goods europes largest lender it just b. C. Says its profits slipped 18 percent in the 3rd quarter and warns of further headwinds the london based bank earns most of its profits in asia particularly in hong kong which has been crippled economically by widespread demonstrations slowing Global Growth is also taking its toll. Lebanese banks will stay shut on tuesday for the 10th day in a row amid the ongoing unrest in the country the demonstrations have paralyzed the nation and the prolonged closure of banks has raised fears of an economic collapse central bank governor. Urges for a solution within days to regain confidence and avoid collapse in the future that probably wont calm down peoples anger though they see the central bank. Part of the problem. On monday the protests continued all over beirut in places the blockade looks a little like a street party but looks can be deceptive people are angry. That it was a good 30 minute if we do not block the roads then we can put pressure on the government to give me good and we need to bring all the people to the streets and not only those who are already here and have done and then the government will be forced to listen to us and have. A group of protesters also block the road leading to Lebanon Central Bank on monday. Dozens of people called for the resignation of the banks governor. This is the central bank this is the location where the corruption was thinking place and this is the headquarters of the cops on the way that were dealing with leaving in the press the information of all the hundreds of millions of dollars that have been taken away from the people and also calls for the people its very annoying naturally and it shows that the east side is alive it shows that there are youth who have aspirations for the life what about the government. The protests against corruption poverty mismanagement have paralyzed the country banks schools and many businesses are closed but so far theres no sign of the government giving any ground to the protesters. And finally delhi is not known for its air quality in the indian capital as one of the most polluted cities in the world but residents woke up to even cloudier skies than usual on monday a night of fireworks celebrating the hindu festival of the valley left a blanket of thick smoke across the city then these equity has plummeted in recent years with the situation made worse every year around the time of the valley due to the volume of firecrackers used to mark the event officials want people to use socalled green fireworks that are meant to be more environmentally friend. And thats the watching on. The law. To go to the girl max new to. The final story. With exclusive access to the must see concerning. Your. Curious minds. Do it yourself networkers mob. Subscribers dont miss out on his. Tears as he sits opposite us im sitting on the terrace into. Peaceful my 3 grandchildren sleep untrammeled thats our dad when i was in france is in germany was split in 2 and remain divided for decades. When your mother was born in 1969 the world was already 8 years old. My grandchildren were born after the wall fell for an ending im sure some wonderful time a time of great joy. 3 generations one family on a journey through recent german history. Our family and us starts nov 6th on d. W. Welcome to news from the world of otts and culture lucian freud was one of the greatest painters of the human fold theres a new exhibition in london just started of his self portraits also coming up. A series featuring featuring autistic people from the former east germany and how they experience the fall of the berlin wall 30 years ago. And there are 100 german must reads a novel thats just couldnt get published in german until it 1st became a bestseller in america. Lucian freud was one of the most celebrated portraits to survive time and throughout his life he regularly painted self portraits to these give a fascinating insight into his psyche especially when you consider his words when asked if he was a good model for himself he said no i dont accept the information that i get when i look at myself thats when the trouble starts while an exhibition featuring all this trouble Londons Royal Academy of arts. Exposed yet imposing the great painter lucian freud put himself to canvas as the embodiment of his own unmistakable style realistic bold unflinching. And new exhibition at Londons Royal Academy of a