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
The words sound good just composers all the time i cant even begin to imagine a world class once they are similar so on a musical journey of discovery. With the whole thing. Starts of temper 68 to tell you. It is the european country worst hit by the coronavirus and now britain has officially entered recession with 2nd quarter figures showing the worst contraction in europe also coming corona virus infections in spain are back on the rise and the countrys Tourism Industry is again under threat and if the effects of the pandemic werent enough German Farmers say their weed harvest will fall drastically thanks to 2 years of drought. Im Chris Colbert welcome to the Program Economic growth figures for the 2nd quarter have been dismal across europe being have been hit by the coronavirus been demick the economy in germany shrank by 10 percent for example in france by 14 and spain by more than 18 percent but no contraction was as bad as the one in britain where the economy tanked by 20. 4 perc
Globes but netflix is still gunning for awards gold and forcing the cinema industry to change look at what that could mean for a theater near you. And manilas growing thirst for water threatens to wash out villagers living upstream from the new dam project. This is your Business Report im Stephen Beers in berlin its good to have you with us. Stocks in europe and asia have fallen as investors response amounting tension in the middle east the downward move follows the continuing fallout from the killing of irans top military commander qassam solo money in the u. S. Drone strike on friday worries about potential conflict in the region Push Oil Prices even higher after fridays gains this time more than 2 percent thats a big concern for asian markets which rely heavily on the middle east for their supply but it hasnt all been doom and gloom news that washington and beijing could sunnah trade deal next week that shares in china up. And lets check in on european markets now with Chelsea Delan
A crisis moment for the Global Trading system the World Trade Organizations Appeals Court is on course to collapse after successive u. S. Administrations blocks the appointment of new judges global trade looks set to lose its ultimate empire. The man is not for budging and unless theres an 11th hour breakthrough the face of the World Trade Organizations top of course has been sealed us some bosses are to the w t o denis chase says hell continue to block the appointment of new judges whose job it is to rule on trade disputes here is what that means the applet body is made up of 7 judges 4 whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function and the director general said that he will be now holding intensive consultations of a political nature or get to his statement in a minute but what he said w
And emails in droves from going to the city graduates and high skilled westerners. Welcome to do business on one of the johnson berlin to have you with us it is the latest italian drama that has investors on the edge of their seat can italy form a government or will there be new elections possibly opening the door to the euro skeptic league and north party a victory for its leader. Could also have huge implications for the entire eurozone italy has the 3rd largest g. D. P. In the euro zone right after france and germany but its debt to g. D. P. Ratio of 172 percent is much higher than that of other major eurozone economies so what happens when the markets lose confidence in italys ability to rein in its massive debt no banks across the e. U. Own loads of italian debt. 286000000000 euros in fronds alone means these banks are exposed should italy default on its debt and just the possibility of such a scenario is enough to put those banks under pressure forcing them to set aside money and