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 those who need it thats not to 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 the 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 that the demonstrators in hong kong are perfectly well aware that these people have an economic price for hong kong to pay they are prepared to pay that price they are out here true events their value democracy and their rights as individuals will see even the business side of things what could this do to Hong Kong International business reputation. One thing what is hurting hong kongs International Reputation and the economic calamity its not so much that there are demonstrations major cities like london and paris have had demonstrations and they do not destroy the reputations of those places is the way how the government handles it or mishandles it which will have far greater impact on the reputation and of the place and that you cannot make prospect of the city and it is what were seeing in hong kong stiff tongue 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 the protesters 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 isnt exactly 30 m. And if we do not block the roads then we can put pressure on the government give me king we need to bring all the people to the streets and not only those who are already here and had it on them the government will be forced to listen to us smart and. 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 central bank this is the location where the corruption i was thinking for years and this is the headquarters. That were hearing with leaving in the press for information of all the hundreds of millions of dollars that have been taken away from the people and also calls for the people its going on natural and it shows up in the east side is alive it shows that there are you through have escalations for the life 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 vital 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 arabian capital tehran it will one day house a factory that produces medical implants its the brainchild of underpin or ali im ari 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. Youth more than 50 per cent and its not good news and from the German Government that they find. Germany has traditionally been an important trading partner for the country Iranian Companies are well represented at medical trade fairs like medical disorder of cheap labor and its advanced Technology Sector ever 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. They are surprised when they see or pulled out so ensure iranian troops could have a very good evening dont have a negative poster of sanctions even i heard some countries deal a lot of iranian counties to have standing exhibitions in other of our main problem which is Money Transfer in to try to find ways to continue your business back to the construction site allium arreola yari 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 you need to solve this problem. We have to do something with the European Countries and companies and we are playing good result in this case but i think that at this situation its very difficult to review. Despite the difficult conditions Marianna Harry 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 alfabet 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 new gadgets and services. Meat substitutes specialist beyond meat has reported its 1st quarterly profit sales of 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 reinvent its 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. Put on a positive in. The tour groups trip through the mass back 40 in riyadh old town was made possible by crown Prince Mohammed bin salmonds Reform Program aimed at reducing saudi arabias economic reliance on oil however talk i admit im a mood says saudi businesses are struggling to keep up with the changes. Will his. Start is a moving at a much faster pace than we expected and we understand this fast change those changes are positive we is businesses cant keep up with their speed we dont have the same level of resources. 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 opening 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 newton johns Cancer Treatment center a total of 500. 00 items going under the hammer in Beverly Hills on november 2nd oh my goodness that we saw last week at a flight i think business with the amount of. Kick off. Happy days. Small piracy i mentioned the offending mathematician on top of the bundesliga win at home against im tough frankfurt. The mood is not so great that by a minute after an unconvincing win against underdogs the net is this true champions look like. A. Double. Luxury in the mirror humans are exploited and animals cruelly slaughtered big brands have committed to fair working conditions and Sustainable Production but who is monitoring the subcontractors and investigative documentary goes to cali and china and looks behind the glamorous facades of fashion houses luxury behind the mirror starts nov 5th on t. W. Welcome to the book is the game here for days. To talk about a. Series thats the whole. Point. To your friends dear antone and heres a scene when your mother was born in 1969 the world was already 8 years old and you know my grandchildren were born after the wall fell born in a dream in the financial. 3 generations one family on a journey through a recent german history and the birth. Place starts now number 6 on d w. This is day 2 of the news live from berlin lebanons Prime Minister says he has reached at that end that he will step down side alhurra here is announcement comes in response to almost 2 weeks of protests that have paralyzed the country but will it satisfy the demonstrators also on the program a cease fire expires along the Turkish Border in Northern Syria because the militias have been given until today to leave beata