Global owing to his being by the series of global three thousand on t. W. And online. Pakistan is heading to the polls amidst an unprecedented trucks out on the media. We will tell you everything you need to do with live coverage and reports from islamabad and local. This week on the w o o o o. Two to. The present goal has plunged to six percent based yeah whatever happens to the safe haven investment of choice but times of Economic Uncertainty gold ever bounce back. Swept by a typhoon of inflation citizens of a country with the Worlds Largest oil is a. Scribbly for. Also coming up the trouble with hughes winter abides how the clean Energy Generators become an environmental night bad and what to do about it. This is did i mean business as welcome for centuries in times of uncertainty people have hoarded gold even today it remains the reliable crisis trancing or at least it used to be because despite the threat of a global trade war gold has been tumbling in recent months why is gold suddenly so weak and will it bounce back its a spectacular find this gilded silver death mask has the archaeology world of buzz the rare and ancient artifact was discovered last week in excavations in egypt on the face of a mummy. The mask is clearly worth far more than the gold and silver its made of both these Precious Metals have recently slipped in market value the price of gold has plunged its dropped over six percent since the start of the year causing much head scratching usually in Uncertain Times like these gold is seen as a safe haven. There are currently fears of a trade war between the us china and the European Union for example. The banking debt and euro crisis also continues to reverberate. And the consequences of britains decision to leave the e. U. Remain unclear. So why isnt the price of gold rising rather than falling many analysts have a simple explanation gold isnt being used as a crisis proof investment because there are many other alternatives. In the u. S. The economy is booming the u. S. Federal reserve has indicated that its not planning to hike Interest Rates any further for fear of in danger in growth so investors are pinning their hopes on the u. S. Stock market bitcoin is also in demand while some skeptics see buying and selling the cryptocurrency is gambling and not investing is advocates view it as an alternative to gold most analysts are nevertheless convinced in the long term goal will not lose its sheen despite the apparent alternatives currently on offer it will continue to fascinate people in the future just as it did back in the age of the pharaohs oh well its not very. Often as a correspondent from frankfurt in times like these why is the gold price still down all after with bitcoin. No actually not when you talk to investors here on the Trading Floor they were telling me that we are actually in a difficult situation there is a lot of things that are going on in the world we have a u. S. President that is completely unpredictable there is this fear of rising tension with iran for example and also you know that iran could shut down the oil acts of war to other countries all of this could make investors very very warrant when Something Like this happens we usually see the gold price of going out but in this situation investors are telling me that yes there are warriors but they also dont think that this situation is going to escalate as a result we dont see the gold price yet going up also the blue chip index stocks in the green today so yeah thats why theyre telling me the reason behind this i dont know you mentioned the completely unpredictable u. S. President dont trump has fired off another tweet today celebrating terrorists and the reaction on the markets. Yes been very busy treating again he was tweeting tears are great either a country which has treated the United States unfairly on trade negotiations they have to come up with a fair deal or they get hit with tears and also earlier he was also saying that now he is surprised that all the countries that are fearing tears are coming to washington to negotiate all of this of course is not a very good sign for the upcoming meeting tomorrow with e. U. President Commission President john claude you go one so talk about trade to once the talk about tears we dont see movement here yet at the market but investors dont think that the meeting with john and u. S. President all trump is going to be a big success. In frankfurt for us thank you. Tesla is having problems paying its bills thats what investors are assuming after it emerged the american ecar builder had made an unusual request to suppliers asked them to refund on invoices it had already paid to help it turn a profit for more than three percent of the news the company has been struggling with massive production problems with its lower priced model three tesla burn through one billion u. S. Dollars in liquid assets in the First Quarter alone leaving it with just three point two billion by the end of march as the chief in the mosque has said hes aiming for the company to turn a profit in the second half of this year. French car maker peers a bourse german car and opel from General Motors last year now the acquisition is starting to pay off during the first half of twenty eighteen opel returned to the black after almost twenty years of losses with profits of more than five hundred Million Euros p. S. S. Restructuring plan for opel includes shedding a fifth of its former eighteen thousand staff p. S. A. Also on citron and persia its total half year profits were one point seven billion euros. But lets imagine that you get paid and have to spend the money immediately before it loses its value germany was in a similar situation in the nine hundred twenty s. That was a situation that helped the nazis come to power venezuelans are now suffering a similar fate even though the socialist country has the Worlds Largest oil reserves its people are broke and very hungry. Caracas is going hungry conditions are already bad in the capital and its supposed to be worse in the countryside retirees are taking to the streets to demonstrate they cant live off their state pension although on paper theyre millionaires those millions however are worth next to nothing. Then. The president to create i get four million two hundred ball of ours but theyre not paying us our full pension theyre only paying two million which is not even enough for half a carton of eggs and the International Monetary fund has made a prediction that says that venezuela will reach a million Percent Inflation by the end of the year the economic collapse of facts even state employees who work for the state energy company. Workers there have gone on indefinite strike. I cant even buy bread that after being in the company for so many years i can even tell you im going to please my daughter by buying her an ice cream because i cant. And that in a country with the largest known oil reserves worldwide mismanagement and corruption have driven the downward spiral the country desperately needs foreign aid but the venezuelan government wont allow humanitarian workers into the country. Seven years into germanys Green Energy Revolution which entails phasing out nuclear and promoting Renewable Energy sources thousands of Wind Turbines are spread across the country but they only have a lot of span of ten years and disposing of all when turbines is a big problem not only are they deeply embedded in the ground but getting rid of them is a dangerous business and anything else but green. These are sections of decommission turbines as a wind park in northern germany. A group of local environmentalists arent satisfied too much of the base is still in the ground they want the whole thing to be removed. The concrete bases can be crushed and used in road construction. But the rotor blades contain glass and carbon fiber is. Burning them isnt a viable option. The humvee paul bremer just think youve just on toxic gases. And its difficult to dispose of them finding these dust clogs the filters will stop and Carbon Fibers conduct electricity and they cause short circuits and fires in the filters thats why incinerators either wont accept them or they charge exorbitant prices to dispose of them one. Of the thirty thousand turbines in germany a very large number arent you to be decommissioned over the next few years. Placed by larger units. Environmentally friendly disposal methods need to be developed before the weight of demolition gets underway so for. Me o. Comp is a company that recycles modern composite materials and there are plenty of them the buyers blossom Carbon Fiber Reinforced Plastic are used. But also for example in airplane construction but what can you do with them once theyre scrapped. And you can go back no. Thank you when you take the cake there is no technology in the world that lets you separated back into eggs baking powder flour and milk. The same applies to these materials g. R. P. C. R. P. As their constituent parts are so tightly bound together that they cant really be separated and could. The company has developed a procedure to tackle the problem it shreds the material the resulting stuff is light and easy to hump into grania lists. That granular can be used as a component of cement as a substitute for sound. So disused could well turn up in the cement in the foundations of the next generation of Wind Turbines. And thats it for me and the Business Team here and then. Of course and thank you very much for washing your business. For. The tremendous. Cost of. The distillery. A real one stop shop for all some chips and a bone phone the phone home from the first dedicated to the juniper flavored spirits the fortune fans its an all around experience durhams moves to the body double the first. So far no i just couldnt get this song out of his head. Ecologist began searching for the source of these captivating sounds. And found them deep in the rain forest in central africa. The bike up people. Hanging. Going out. And the like to believe this was a book but i am the one. Million six he was so fascinated by their culture that he stayed. Only a promise to his son was made to sign a lease of the jungle and return to the concrete and glass john. The results reverse culture shock. Ready for a comeback you realize how strange that artificial little is really connected to life. The prize winning documentary from before stuff starts aug ninth on d w. I ever want to welcome to this special week of euro marx were taking to the road to visit europes most beautiful cities heres a look at whats coming up. Incomplete why barcelona is unfinished Sagrada Familia is a tourist magnet. And incomparable what makes the french cross some of its
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