paradise thickens the mall deaves crackdown on the opposition takes a new turn has to talk judges and a former president are arrested. don't welcome you're watching d.w. news well let's go straight to our top story now we've got some real massive turbulence on the world markets has more that's right terry many are already talking about a black monday and that might be a bit premature because that's reserved only for the most severe shocks in financial circles let's have a closer look at what's happened the dow jones industrial average tumbled one thousand one hundred seventy five points that's a minus of four point six percent to close down at twenty four thousand three hundred forty five on monday that's eight percent down so. last week to put this into perspective it's the biggest loss for six years and it marks the largest intra day point decline of all time one thousand five hundred ninety seven points technology in the index nasdaq is also sharply down by three points have sent a combination of factors is at play here wages in the us have risen stronger than expected which stokes fears of rising inflation that will drive interest rates up which makes it more expensive for companies to borrow money cheap money has been driving the rally of recent years also rising interest rates makes a facets like government bonds more attractive for investors so they move out of more risky stops and much of the slump is generated by computers trading orders are triggered when certain shares or other indicators for the preprogrammed level and these other sell orders it's a domino effect and that works within seconds around the globe let's have a look at asian markets which followed wall street's lead japan's nikkei index was down almost seven point one percent that's the biggest point drop since one thousand nine hundred eight stocks across all sectors us getting in the waves of the new york crashed car makers like to go to financial stocks and technology companies are being hit hard all other asian markets are also taking a beating in hong kong the hunk saying index is around five percent lower right now headed towards its biggest fall since twenty fifteen. well what goes up must eventually go down maybe donald trump would do well to remember that next time he actually viewed stock market success to himself he could be cheered by some analysis saying that this selloff actually is healthy at this stage it's where the market is letting off some steam right now in stead of later some analysts say when it could be much more damaging but that chair could disappear of sustained fear for investors has a chilling effect on future investment. good news for the economy turned out to be very bad news for stocks at the start of the trading week the latest data on u.s. wages show average hourly earnings up two point nine percent year on year the highest rate of growth recorded since the middle of twenty zero nine that's following years of stagnation but faster wage growth means employers have to spend more to recruit the workers they want higher pay could equal less profit for shareholders and traders fear possible interest rate hikes. but the market is reacting not so negatively because the economy is doing poorly but quite the contrary because the economy is doing so nicely and we might see some inflation pressure meaning the federal reserve and other central banks around the globe might also become more aggressive and that uncertainty could become a sea change so quote we do not know yet a sea change in central banks meaning sharply higher key lending rates and it growing understanding that loose monetary policy is supposed to be temporary but that's further along the road for now investors are looking more anxious to get the short term u.s. stock futures have slid further since wall street clothes are now down three percent. on kong as one of the most expensive places in the world to live according to study conducted by the bank only seventeen percent of households can actually afford the rent on their apartments that will go down to under twelve percent in twenty nineteen hopefully local residents are forced to accept the stupidest of accommodations just in order to stay off the streets. elderly people like shinee and lone don't have it easy in hong kong he shares a room with eight other men and pays one hundred fifty euros a month for the cage where he has his bed. mostly is i'll tell you both my parents died when i was forty years old i gradually lost touch with my brothers. we hardly see each other anymore now it is. to do. with this exhibition in aid organization wants to raise awareness about such living conditions around two hundred thousand people in hong kong are affected educate then you do all that you hear then you know they're all buildings so people with anything in this common all ready human. and or even space is still a small one and that is shared with so many households and the income is very well . hong kong has limited land for new housing now the finance hub is facing a squeeze as more seniors and young single seek to live alone a three room apartment in the city center can cost the equivalent of eight thousand euros a month rents in hong kong are the highest in asia when hong kong attract international money to come in and write their speculation. right jack up housing price and rent and because of that then people cannot afford right . to own or to rand. a typical. housing unit. that's resulted in an upsurge in minimal living spaces entrepreneur eric wong's sells these earthquake proof sleeping cabins equipped with wife by air conditioning and t.v. . so far most of his buyers have been hotels throughout asia. although i think apartments in hong kong will get smaller and smaller property prices are already so high that the younger generation can't afford them maybe in the future they won't just sleep in space capsules like these for a day or two but actually live in them with a lot. the hong kong government has promised to take action senior citizens are now supposed to get priority in subsidized housing but the waiting lists are long probably too long for seventeen year old son learn the only way for him to escape his cramped living space is to go outside. of germany's main political parties edging closer to a coalition deal terry has that story thank you that's right things are looking better at this point here in germany negotiators from the two biggest parties are close to forming a government it is said conservatives and social democrats were meant to strike a deal by sunday but they're still far apart on several key issues leaders on both sides are pushing hard for an agreement and an end to months of political uncertainty. the end of the road might just be inside the headquarters of the santa leftist p.d.s. where germany's political heavyweights a toughing it out in this last phase of coalition talks negotiated have been fine tuning the deal dying sure ina german government four months after the country's elections. visit we agreed to choose day will be the decisive day we're in the final round and want to finish the negotiations tuesday will be decisive on whether the negotiations will be concluded successfully or not. upci see what honest. health care reform has been a sticking point the social democrats want to end gemini's to th health insurance system is sick an obstacle is fixed term employment contracts which the s.p.d. wants to replace with him and positions that provide greater job security the green party now in the opposition is vehemently opposed to the coalition agreement as it now stands. mood instead of the display of courage to address tasks of the future we're seeing a grand coalition that's concerning itself with minor issues even while the really critical challenge we're facing in europe aren't getting the attention they deserve . talks are said to continue one choose day even if an agreement is finally reached the social democrats rank and file still need to sign off on the deal. let's cross over to our political correspondent husband who is standing by at our our parliamentary studios hundreds of talks were meant to finish on sunday i see you're out in front of the s.p.d. headquarters where the negotiators are meeting today tell us since you are there how close or those negotiators to striking an agreement. well actually today they are changing through the headquarters of the conservative party the christian democratic union which is where i am and they are close they are very close but very often in these kind of negotiations these very last few hours these very last few issues other ones that are really hard to crack and that's what's happening here at the moment the issues are health care and temporary employment and once all of that has been cleared up the sums have to be done they have to see how much money they have promised in the various areas that they have been negotiating about in the last week or so and see whether there is enough money to actually finance all of that so all of that is happening today and the expectation is that the negotiations will go on into the night today and the negotiators have said that they aim for a conclusion sometime today probably sometime tonight as we mentioned a report there and you to the speediest many big changes to germany's health care system and also to a reduction in fist fixed term employment contracts now those are big reforms of the conservatives likely to give the social democrats what they want. well strangely enough i think on the issue of health care there is some possibility of movement there have been indications that the conservatives are likely to make some sort of concession on those issues but the most crucial issue it seems is the question of fixed term employment because industry in germany which is obviously close to the conservative party has been saying that such flexibility and employment is very important for german industry for german if for the german economy and if the social democrats were to try and push through what they are asking for. industry is warning that this could damage the german economy so i think that is going to develop into the most difficult discussion during the course of the day today. the s.p.d. entered these negotiations very reluctantly they're terrified that another grand coalition could ruin them politically how do you read their bargaining strategy in these negotiations hans. so democrats have been putting forward these three main issues on which they wanted some movement that was the issue of migration which has already and in fact been cleared up pretty early in the negotiation and these two issues that we're talking about today health care and fixed term employment and if there are no concessions on those on those points it's not quite sure how the rank and file of the central government kratz are going to react and after all it's going to be a vote by the members by the almost half a million members of the social democrats they still have to accept this agreement ones that has been hammered out. thank you for now did obvious ones want their side the c.d.u. headquarters here in berlin. southeast asia's foreign ministers have begun informal talks tuesday morning in singapore talking center stage taking center stage and discussions will be the creation of a smart cities system in order to build regional cooperation and help fight terrorism and transnational crime. and a record twenty eight french restaurants have been awarded the restaurant world's top prize a three star michelin rating france has more starred restaurants and anywhere else but out of its twenty eight restaurants to scoop the top prize only one was run by a woman. now lawmakers in the mall deve say soldiers have forced their way into the country supreme court building it comes just after the government occurred a state of emergency in response to a spiraling political crisis the country's president is defying a supreme court order to release a group of jailed opposition leaders. this is what usually comes to mind when you think of the multi beautiful beaches isolated islands and calm blue ocean but politics is rarely paradise especially for the people living here. in the maldives capital mali these protesters are angry and risking arrest they are furious at the president for ignoring a court ruling last week to free nine jailed opposition leaders their trials the court said had been politically motivated with the unrest growing the government's move to give itself extra police power as. the president has declared a state of emergency for the next fifteen days in mali and wherever suspects of illegal activities are situated. president jiang means rule the mullahs eaves largely unopposed since twenty thirteen pretty queues of corruption he fears the court's decision must strengthen dissenting voices in the country and lead to his impeachment and so yeah means trying to protect his grip on power on monday he had his own hosp rather arrested. president for thirty years before the mold became a democracy in two thousand and eight now he sides with the opposition before he was taken away he recorded this message. i've done nothing wrong or unlawful i urge the people of the multi-faith to be strong and stand with us. we will win. waiting in the wings is another former president mohamed nasheed currently living in exile is one of the leaders of the court order to be for each if the ruling does get implemented he could challenge i mean for the leadership later this year. to south africa and the question of how long president jacob zuma can hang on the governing african national congress party has scheduled emergency meeting of its national executive committee to consider the president's future zuma scheduled to deliver a state of the nation speech thursday but many in the party want him to go now. while in c. officials met at a party headquarters on monday rival groups of party activists scuffled on the streets of your highness perk outside on one side a group calling itself black first land first rallied in support of the president. was it ever got it that the other hand see members who are fed up with jacob zuma. was deprived by the way. is the a.n.c. that deploys that is the cause so we don't do want to mess this did president south africa. what is the good side of. that we seumas support in south africa has been in decline for years he has faced down repeated corruption charges but new ones keep cropping up and many south africans blame him for the country's worsening economic problems. in december the a.n.c. replaced him as party leader. electing deputy president several ramaphosa to the post. but zuma remains south africa's president in recent years he has survived a number of challenges to his authority but now a growing number of south africans think his days are numbered. now a look at a potential danger in the pockets of children what is the risk of social media for kids for millions of young children their social lives now extend outside the school halls and into cyberspace on this safer internet day we'll talk to a cyber security expert about the pros and cons in just a moment first we asked marylyn students for their take. and you're always on the computer she says she's one of these kids say facebook is for old people so what are they up to on their smartphones these people who do. not want. you to move instagram with. the u.k. study found that most kids are now learning about online safety but not about the emotional effects of social media. and it's preteens using social media who have experts especially concerned the mass. social media. is much harder to control much harder to predict and i don't think that kids are emotionally ready for that kind of social media in iraq. from sending selfies in videos over what to posting on instagram it's all about likes followers and feedback we asked the kids to talk about how it makes them feel. what is good about social media people can look at like one of the people are doing maybe they can be inspired there is a place to show your talent to. be one have it write letters letters sometimes get off what is bad about social media you can get in the marathon and you'd feel really bad sometimes i don't feel like coming to school. cyber mobbing if you're on your phone all the time you can feel pretty bad by the cell how does social media make feel pick an emoji. depends on the situation. social media use among young people has been increasingly linked to depression and even suicide. this is prompted calls for schools parents and the technology companies themselves to take action. it's our duty. to make them. seem to know. i'm not. here pupils are being encouraged to discuss how social media affects them emotionally in england there are even proposals to avatar pic to the courage. a growing number of experts agree children should no longer be left to deal with this alone. or for more now we're joined here in the studio by get bill and he is the state secretary with the federal minister for justice and consumer affairs consumer protection here in germany thanks so much for being with us this morning and v.w. news they should be here now germany's culture minister monica good she made a statement just yesterday saying that children in germany should learn how to navigate the internet more safely to distinguish between fact and fiction basically how do you think that the children's internet literacy can be improved. it to can be improved by. parents to discuss with the children what kind of services they should. they should be. and we need some improvement in our schools because to navigate in the internet to you'll social media or is very common very popular for long people and so it's the necessary tool to gather with. which information is true. whom i can trust in the net in the net and i should be careful now that the focus of this particular safer internet day is showing respect to others online this applies not just to children but to everyone how can governments encourage that showing more respect at a time when some of the world's most powerful leaders are involved in internet flame wars. we can do it by by law for example internet companies social media companies have to respect german and european law that means the duty to delete an all for quick content we can do it by but it's your cation not only of young people and we can do it by by hand having a public discussion it's it will always be the fact that people have different opinions but to have a discussion where i respect the other man or women as. that's something we have to to learn and that's. something we have for a full school for you to was a tease so it's not only having rules for the internet it's seven rules for a political discussion in our society now you mention laws putting laws in place to address this problem a new hate speech laws recently came into effect in germany it gives the social media giants twenty four hours to block online content or face fines if this content qualifies as hate speech now critics say that means that facebook and twitter could end up blocking more content than is necessary which amounts to a kind of censorship what's your response to that what you have seen the last years was the kind of of i'm the plucking the internet will be the most important place for crime for hate crime we have solved and solved and of tim's that well with himself i hate crime and the net. so the companies have have some cuties have some obligations they need to kind of complain management system to analyze what should be on the internet and what should be divvied to it our work is there to improve for the justice that they it we have more people who really. getting problems by wire. it's in the law. and to we have. such them to politicize publish some figures because we don't know how many tweets are they did leaking or not they don't give us any information on that but still some of they have a request to publish a kind of transparency report and then we will see is there are over plucking and that will be a reason for us to really have to questions with them how they can improve their work now chancellor machall has indicated that further changes might still be in the pipeline when it comes to this topic we know that we have to wait for a new government to get in place for too many changes are made but can you reveal at this point what is being considered what's in the pipeline. we are now analyzing what are the effects of the law so we have just questions with different stay cool hate speech laws hate speech floor hate crime laws it's a difference was industry it was a civil organisations with the participants and then we'll see if there is a need for a change or not but up to now the lore is just unfolds and we will see what will happen if you have any specific activities lined up for today on this digital safety day here in germany yet today we have a focus on official intelligence because that is something that will appear in the and the everyday life of many consumers in smart cars and smarthome so we have to caution on the safety side was safety but also in some difficult issues like egg or rhythms nutri kind of regulation how can we educate people to be part. of a machine that swooning by itself that's the new upcoming world where we have to today care about our old our rights but also you the chances by the new technologies big challenges ahead get billons state secretary with federal ministry for justice and consumer protection here in germany thank you so much for being with us on the eve of the unions and he's. you're watching the news from berlin we have more at the top the hour get you get the latest news information on our website. we leave you know with a look at tripoli gardens in copenhagen six inspired a number of amusement parks take a look. i'm going to the highlights. shock former teammates and some cold mailing down three pointers new clothes. shall good good for the whole. using to blame it in the final minutes of. what is a. shocking campaigns on behalf of the disadvantaged. living space in hong kong is the most expensive in the world. many people are reduced to living in just two square meters. to life this is unacceptable she works to improve living conditions for the poor three thousand and sixty minutes d.w. . take it personally i went with all the wonderful people and stories that make the game so special. for all true fans. become more than football online he created movie milestones it was an instrument of propaganda and persecution. it underwent bankruptcy and restructuring. but it still turning out films today. germany's biggest and oldest film company. a cinematic history from the german empire to the present one hundred so far starting february eighteenth on g.w. . 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