This is. The kind of. Training successful. Talking to me. Starts oct 16th w. I disaster or a tremendous success in a chaotic on the times bad tempered debate u. S. President donald trump and rival joe biden demonstrate go for tween their views on how the countrys economic recovery from coronavirus is going also coming up. After that was one of the words struck his lock down south africa sees its economy shrink by ha its falling employment figures to match. This is going to be a business on robots. Then welcome to the program the 2 men battling to lead the Worlds Largest economy had plenty to say about it although at times over the squabbling between president obama trump and rival joe biden it was difficult to hear it unemployment trade with china and taxation all came in a comment people out there need help but why do you do it over again in the is 25 years i think the economy was supposed to be trumps calling card for this reelection on tuesday it was a liability to be shifted to his opponent. Or the pen demick has taken a toll on the u. S. Economy Business Activity is picking back up but unemployment remains stubbornly high over 8 percent uncertainty is taking a toll Business Planning has been halting as new infections loom. For months trump has wavered between ignoring the virus wishing it away and calling for states to reopen he showed a similar impatience during the debate people want their schools open they dont want to be shut down they dont want this state they want their research gentleman biden has argued that economic recovery hinges on bringing the virus under control. You cant fix the economy until you fix the covert crisis and he has no intention of doing anything about making it better for you or at home in terms of your health and your safety a debate that like the pandemic wont disappear anytime soon. Well lets get more on this from whole gosh meeting chief economist at bear and bank thanks for joining us i have one of the big you know economic challenges facing either of these men if they do get elected in november. The u. S. Is facing very serious economic challenges it is specially has to get out of the recent recession and to do so in a way which does not over perth the country with excessive debt at the moment the u. S. Economy is recovering fairly nicely but it is recovering with what i would call an excessive take on public debt u. S. To court future course for the u. S. Economy ought to be better and indeed for that to be possible the u. S. Needs to bring the pandemic more clearly under control im not sure we learned an awful lot about it from the debate but what do we know about the approaches the biden and trump plan to take to the economy. The approaches are fairly different biden would raise taxes to some extent on businesses biden would regulate parts of the u. S. Economy that could be a negative for us the long Term Economic performance but biden would also come tendrils in Foreign Policy and is best we would not wage a trade war against europe and have a common approach with europe versus china so for the extra on the side of the economy biden would probably be fairly good and that could be the bigger point though big swing the domestic economy and returning to a current trade policy would hope a lot in the u. S. Trump would stand for the risk of more crate was also for maintaining the oh yes lets talk about u. S. Trade policy Going Forward this again triggered an angry exchange during the debate watch this. Hes done very little trade deals are the same way he talks about these great trade deals you know we talk about the art of the deal china has made perfected the art of the steal we have a higher deficit with china now than we did before we have the highest def a trade deficit china with 60 euro hunched merrily on a resume in a china 8 year last year oh i dont know about lunch but a lot of people have been suggesting the world leader who did best out of this debate was president xi watching this sort of discord that we saw will the u. S. Trade relationship with china be a key factor whoever is the next president it will definitely be a key factor of their relations with china economically and politically will be met a lot the real issue is that to take on china to make china behave in a way thats compatible with the Global Political and Economic System it would be better for us to team up with europe and that is bidens approach so tender and u. S. China would remain on the flight they are reaching issue but the chance to actually impress china and have china change some of its you hate it would be better if the u. S. Were to team up with europe and japan on this and biden would be go eat along those routes which probably should be an advantage for him but on the other hand you have got the aggression at times between president shes administration and that elf the trump of ministration so will china have a clear preference on who he wants in the white house next year. I cant really say whether china would have a preference possibly like many of the all 2 crowds out there in the world and they might have a preference for trump because i always feel graphic behavior which is not exactly a lawyer with say the stand it was once again i think that if the west and the us and europe were to have a common approach russia china a common approach that would be facilitated probably by that would ultimately show stronger results probably forced on you walk changes even then problems interesting but rather erratic. Meeting from baron bank thanks for joining us youre welcome thats also cross to our correspondent in frankfurt Ashutosh Pandey thanks for joining us after tosh so how of markets reacted to this debate. Over rob the sentiment certainly turned negative or after this chaotic debate futures fell in the u. S. As well as in europe japan started in the dead thats because there are the new reinforced concerns of a contested war that president i would not accept the result if biden were to win so thats what he among the traders elsewhere in china in hong kong the markets were in the positive territory they opened high after strong factory activity data and they largely rebuffed the president ial debate and rightly so because the there was hardly anything of substance in there it was largely backward looking nothing forward looking came out of that if it. Well thanks for keeping an eye on it for us Ashutosh Pandey in frankfurt. Now a brief look at some of the other business stories making the news the chinese economy is recovering steadily in september manufacturers received more export orders after several months of shrinking the purchasing Managers Index shows the p. M. I. Is seen by some as a more accurate reflection of Economic Activity in china than government data. Disney says it will lay off 28000. 00 employees the theme parks in the u. S. Limited visitor capacity and uncertainty amid the only going to run a virus pandemic are putting pressure on its revenues the media and entertainment multinational lost 4700000000. 00 in the last quarter. Netflix is hoping to expand in africa with a new mobile only offer 5 years after it entered the African Market does have trouble expanding its appeal beyond the continents wealthy now its aiming for people who want to view movies and shows on their phones at a lower price. And look at l v m h that tennessee new if we tom has filed a counter suit against tiffany in a dispute over their failed 16200000000. 00 merger the lawsuit is the latest legal spat between the 2 companies over what would have been the biggest deal in the luxury market. As south africa imposed a strict coronavirus lockdown at the end of march squeezing businesses and consumers alike although the government has now opened up International Travel and removes restrictions on trade for some King Industries economists are forecasting a disaster with unemployment heading towards 45 percent. Began macian year has fallen on hard times during the covert pandemic losing his permanent job as a gardener during south africas lockdown heres now one of many begging for menial work on a johannesburg street corner. I cant really get looking for but. Its really difficult i have court. To look after and. Things are not in. South africa was already in a recession before the pandemic and then the government imposed one of the worlds strictest lock downs as businesses closed their doors hundreds of thousands lost their livelihoods the Construction Industry tanked as all developments ground to a halt. We had 45. 00 bit student residents plan for the space fortunately due to covert lockdown regulations the project has been pushed out 6 to 12 months as a result of that its seriously harmed our ability to raise money for future developments Going Forward. The Company Uptown projects was driving before the pandemic they used their savings to keep their staff employed and as the economy slowly emerges from lockdown there is optimism the company. Just survive. We are back up and running with a full complement of workers and although well never get these months back we all to mystical finish the swiss project officer but some arent so lucky jonathan marquees factory is only operating at one 3rd of capacity. It may even have to come in was this one of my machines that i was. I was starting to see to get away because you can make you in. With over 650000 corona virus infections south africa is the worst affected country on the Continent Companies like this one manufacturing medical waste packaging should be booming but rampant state corruption so public funds spent free emergency medical supplies stolen. Im really worried about more stuff or losing more machines or even closing down i made the gloom much in your clings to hope that things may somehow change. As if all right sucks because good guys in. My faith it was me that made one thing maybe next year my friend something. But if the downturn persists it will be catastrophic for the entire Southern African region which depends on south africa for 2 thirds of its g. D. P. Thats all from me in the business teamhair him but if you do want more from us check out our web site before you dont come slash business for us on facebook and twitter thanks for joining us to. Mexico as producing School Lessons in a t. V. Studio. Because everyone has a t. V. Can this make education accessible to the poor in times of the pandemic. More. Even more social inequality in mexico. D. W. What secrets lie behind. Discover new adventures in 360 degree. And explore fascinating World Heritage sites. W World Heritage 360 get the map now. The for. Welcome to global 3000. The show mountains in North Macedonia boasts stunning landscapes but this natural paradise is on the threat. In india we visit schoolchildren determined to learn german the pandemic even outdoors in less than ideal conditions. And in mexico edging