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A full year recession that means we will reach 0 to one percent growth so this situation is highly serious in addition as i have stated in the policy address the Hong Kong Government will closely monitor the development of the economy and take appropriate measures. On the. Issue one gets so see. Also said her government will tackle protesters who resort to violence head on the Hong Kong Government isnt backing down and neither are the protesters. The standoff in hong kong could continue to hurt the Asian Financial hubs economy. Steve tongue joins us from the university of london chief executive kerry says there will be no political solution until the protests and that doesnt sound like this is going to end anytime soon. I think youre absolutely right the way how the chief executive is approaching the issue shows as you need it thats not have any understanding of what the situation is and what a political solution needs you have you work or political solution when you are in a very difficult situation after the situation has resolved itself to try to have more of an idea of how to handle this situation what about beijings chances of muffling this dissent. Well not very good because all that they are really trying to do is to stand for. And apply a bit more repression and they really dont understand where the problem comes from to begin with the demonstrators in hong kong are perfectly well aware that these people have an economic crisis to pay they are prepared to pay that price they are out here true defense their value their democracy and their rights as individual wealth even the business side of things what could this through to Hong Kong International business reputation. One thing what is hurting hong kongs International Reputation and the economic climate its not so much that there are demonstrations major cities like london and paris have had demonstrations and they do not destroys the reputations of those places is the way how the government hendo xit or handles it which will have far greater impact on the reputation of the place and the economic prospects of this city and it is what were seeing in Hong Kong Steve sunk thank you very much for your analysis from the university of london. School of oriental African Studies thank you thank you. Lebanese banks were shot again today demonstrations that paralyzed the country in the fraud long closure of banks has raised fears of economic collapse the Central Bank Says a solution is needed within days of protests to say its 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 is only 6030. 00 m. And if we do not block the roads then we can put pressure on the government get me going we need to bring all the people to the streets and not only those who are already here who have done and then the government will be forced to listen to us. A group of protesters also blocked the road leading to Lebanon Central Bank on monday. Dozens of people called for the resignation of the banks governor riad salome. This is the sentry box at the location where the corruption i was thinking and this is the headquarters. That were hearing with leaving in the press the formation of all the hundreds of millions of dollars that have been taken away from the house calls for the people its very natural and it shows the political side is alive it shows that there d are you through have aspirations for the life quote about the government. The protests against corruption poverty mismanagement have paralyzed the country bank schools and many businesses are closed but so far theres no sign of the government giving any ground to the protesters. U. S. Sanctions against iran means some rain ians cant get their hands on bottled medicines as according to a report by Human Rights Watch despite a tricky situation many Iranian Companies continue to do business with other countries it means they need to be very creative. This construction site is located an hours drive from the uranium capital tehran it will one day house a factory that produces medical implants its the brainchild of underpin or ali m r e i like yari the idea came to him before the United States reimposed economic sanctions against iran the move is complicated business ties with other countries too including germany. From one years ago up to no. Exports and imports of iranian. Use more than 50 per cent and its not good news and we ask from the German Government that they find new solutions. Germany has traditionally been an important trading partner for the country Iranian Companies are well represented at medical trade fairs like medical just sort of like cheap labor and its advanced Technology Sector have made iran an interesting investment destination for german businesses but sealing deals is no longer as easy as it once was even for ali amare ali kerry whos medical Technology Company isnt directly affected by the sanctions. Can relate to those difficulties he runs a company that makes medical devices used for lab tests the products are exported to armenia afghanistan and iraq but europeans seem to be interested in them too and they are surprised when they see or pulled out something for iranian products it could have a very good day to eat dont have a negative post were of sanctions even i heard some countries deal a lot of Iranian Companies to stand an exhibit in other of our main problem which is monitoring aspirin to try to find waste continuing our business. Back to the construction site allium mario is hoping to have about 100 people working here in a few months from now hes not concerned about demand but he is worried about how his foreign customers will be able to pay him pressure from the u. S. Has discouraged most International Banks from facilitating Bank Transfers with iran. We need to solve this problem have we have a plan to do something with the European Countries and companies and a good result in this case but i think i do see its very difficult for you. Despite the difficult conditions Marianna Yari is determined to attend the next big medical Technology Trade fair taking place in germany next month. To some of the other business stories making news googles Parent Company alphabet says its quarterly profit fell 23 percent to 7000000000. 00 missing Market Expectations it says the main reason is Rising Research and Development Costs the company is trying to maintain growth while investing in a variety of gadgets and services. Meat substitutes specialist beyond meat has reported its 1st quarterly profit sales the past previous expectations things partnerships with restaurant chain mcdonalds and major u. S. Gross across the big burger make is expecting revenues about 275000000 dollars this year. Holiday makers making history saudi arabia is keen to reinvented the image and display openness and transparency especially after the damage done by the murder of journalist Jamal Khashoggi the governments now opened up its visa process to allow in more international visitors. Saudi arabia is welcoming its 1st big wave of holiday makers among them this group of polish tourists theyve taken advantage of the countrys new more liberal visa regime that until recently restricted visits mainly to pilgrims and business travelers certain rules have also been relaxed for foreigners sophie doesnt have to wear the body covering a buyer expected of saudi women. Number to draw. Before we came here i was worried about what i was going to wear because id read about the strict dress codes a certain regulation so i was concerned about what to wear every day. But actually its been a very pleasant surprise for us to see them as a special earth put on a positive thing in. The tour groups trip through the mass market 14 riyadhs old town was made possible by crown Prince Mohammed bin salmonds Reform Program aimed at reducing saudi arabias economic reliance on oil however tall guy admits hard album mood says saudi businesses are struggling to keep up with the changes. Well look his sort of thought how do you get an authority is a moving at a much faster pace than we expected and we understand this fast change those changes are positive but we is businesses cant keep up with their speed and we dont have the same level of resources. To. Them but with many more holidaymakers sure to follow in this polish groups footsteps tour guides like need to be ready to help them on their way. Finally Livia Newton John is optioning off some of the clothes she wore in the hit musical grace one of the top lots is the leather outfit her character sandy wore in the final say the jacket and pants are expected to fit fetch up to 200000. 00 for a new. Cancer Treatment Center a total of 500 items going under the hammer in Beverly Hills on november 2nd oh my goodness at least last i get a flight now is doing business with you im outta here. Happy days. Mentioned the friending up especially the top of the bonus league i could win at home against i trust france. The mood is not so great a bio after an unconvincing win against underdogs in your own but is this more true champions look like. If they get the minutes on the double. Its tough for laugh. At them from people make fun about their own social economic and political problems. In mozambique we say that you have to laugh so you dont write its all people call me daily problems. As a journalist i often talk about the stocks and that the less local to. Say after start my day by checking out all those jobs finding out what people are talking about what is moving them. My father taught me how to ask uncomfortable questions about my country and about to book that is what i keep doing to this day my name is now the stove and i work at. Frankfurt. International gateway to the best connection self in road and rail. Located in the heart of europe you are connected to the whole world. Experienced outstanding shopping and dining offers and try our services. Be our guest at Frankfurt Airport city managed by from bought. A book of. This is due to reduce life from girl in key in tell us forces reveal how they tracked down the leader of the socalled islamic states rubble is now all thats left of Abu Bakar Al Baghdadi his hideout in Northern Syria after the american raid in which he died the current state their source provided the intelligence that led u. S. Forces to baghdad

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