Am i. To suffer its simple online on your mobile and free. T. W. Zealand in course he calls me german made easy. The South African economy on the brink of collapse. Or is running out of time to reform his country. Continue to cause economic damage. The u. S. And china finally signed a phase one trade deal but questions remain will they stick to their promises and what about face. As the australian bush fires burn and other extreme weather hits the World EconomicForum Releases its global risks report. And dangerous. Business a glimmer of hope for the South AfricanEconomy Today retail sales were up in november its one of the best year but as you can see in this chart coming your way in just a couple. Youll see the numbers are all over the place economy is. There you go. Besides climate poverty and inequality blackouts making everything worse i asked. From station business day t v in johannesburg what he makes of the uptick in retail. Because we are. Friday sales which obviously gave us a bit of a. Has been quite a week on spending it has been quite weak but the number. One month number 3 point one percent. Was about 2. 00 so. Much into it when you look at the average for the. 10 years or since the. Crisis. Is that how you describe the economy as a whole. Unfortunately yes i mean we dont believe. It but thats not i say we i think we started with some of our major bad stuff but i did not focus because as i never last year we had quarter economy shrank and then in the 4th quarter weve been in and then in the last month of december we had turned up with eskom and thats thats thats quite some people had to downgrade a lot of their focus for. The 4th quarter and we expect people for 20 twentieths looking at sub one percent growth again and i think i was a bank focused i think we should in november it was about one point 442020 chances are there will be downgrading that tomorrow when they have that its meeting the other thing we should point out is these november sales figures starting clue decembers blackouts one of the biggest stories to be affecting the economy right now what can we look forward to. I think thats the main point i mean for look looking forward we got to have. A full and you can just know from what happened this time last year in that we had like blackouts in november sort of december and then and then and then into january and thats the end of the 1st quarter of 21000. 00 they could only have she had a shrink age of about 3 point one percent so we can get a little bit of a clue from that that this is going to have a negative impact i mean if you look at our job december youre watching all these Shopping Centers closed. I can tell you that they the impending death think were not going to be positive from talking about blackouts were having technical property problems there look at you thank you very much for joining us we can still leave you just for hours at a little. Further ramaphosa says south africa will be more open to companies and households that want to generate their own electricity if theres weeks of criticism after the worst rolling blackouts in over a decade in south africa the state has found generates over 90 percent of the countrys electricity but it regularly struggles to meet demand because of breakdowns of its coal fired power plants president says this move to loosen regulations will open up a new era. Well the grand ethiopian renaissance stam is set to come africas largest hydroelectric power station if yo showing the rest of the continent how to power its growing economy without the buying of fossil fuels. And mamas construction on the bridge the nile the new hydro power dam in western ethiopia will go into operation at the end of the good it should be at full speed 2 years after that out with a massive 6000 megawatt capacity the residents along the nile fearing for their water supply and environmentalists are condemning resettlement plans and the impact on nature. Ethiopias entrepreneurs on the other hand think this could provide a solution to one of the countrys sake problems unreliable power supply mohammed is a Company Group that manufactures of range of products including shoes if theres a power cut the machines stop working and then the electricity has to be generated using diesel that comes with an unpleasant side effect. From your. Router there is a little need your fault for trishs on the machines which for their part to train those need to be patient is called that. Only around half. Of ethiopias 100000000 people are connected to the power grid lock outs of frequent even in the capital addis ababa the government hopes the dam will change that it wants to drive ethiopias economy forward to transform it into an industrial nation and a key player on the global scene. Maybe we would be more competitive. Even keeping in mind that the African Free Trade Agreement is going to be in place and. The. Competition. Under new of all energy from the hydro power down could make that happen if the project goes to plan the government is even hoping to export surface electricity an extra piece to ethiopias probing economy. U. S. President than chinas vice premier of you may have signed a socalled phase one trade deal that the white house in agreement is aimed at ultimately he said thing a conflict thats lasted 18 months if you will loosen some of the americans have some chinese made products into the United States and increase beijings purchases of American Goods and has also promised to provide more protection for American Companies intellectual property. Well heres what trump had to say at the signing. Today we take a momentous step one that has never been taken before with china toward a future of fair and reciprocal trade as we signed phase one of the historic trade deal between the United States and china together we are righting the wrongs of the past and delivering a future of Economic Justice and security for American Workers farmers and families. Well many analysts question just how the mentors that deal is the German Economy is continuing to slow g. D. P. Growth dropped to just point 6 percent last year down almost one percentage point thats the slowest full Year Economic growth since 113 germanys export line to qana me has been hit hard by global uncertainty surrounding the u. S. China trade conflict and rates it some economists also blame homegrown problems accusing the government in berlin of failing to invest enough. Heavy rain in a strain could bring relief from huge bushfires but authorities warn the severe storms could create landslides and pollute Drinking Water theyve installed containment structures at a dam sydneys made water source to staff or trap silt and asked the fires have kind of these 28 lives in september destroying over 2 and a half 1000 homes and raising more than 10000000 hectares of land. Live stream where the tops this year is global risks report from the World Economic forum Cyber Attacks in geopolitics usually feature about the leading long term threats to the planet but this report highlights a whole range of Environmental Concerns not just extreme weather but also Climate Action fadia. Natural disasters biodiversity loss and also human made environmental disasters its the 1st time the reports top 5 risks of all falling under a single category like this the study warns Climate Change is striking and more rapidly than many expect well lets bring in Stephanie Tom stole from the institute for Climate Impact research to talk about this these results in this report. First of all these green issues are they really the biggest threat to businesses around the world and economies. Yes absolutely after warnings of scientists have been by and large ignored for more than 50 years were now in a real Climate Emergency global temperature is higher than at any time in the history of human civilization and that means that our weather is on steroids when the climate and weather add up in the same direction we get unprecedented weather extremes like we have been experiencing in australia recently explain to me why its taken 50 years was it taken so long for these to be realized. Well i think a big role has to be played by the lobby forces that have basically tried to sow doubt about Climate Science and confuse the public and of course its well documented that there have been hundreds of millions of dollars invested in to Obfuscation Campaign so this has been a fight between environmentalists scientists and lobby groups the Business World what should leaders and bosses be doing as they prepare to go to the World Economic forum next week. Well i think we can take hope from some positive examples like denmark denmark has already reduced its emissions since 2005 by about 40 percent and they have now passed legislation to reduce them by 70 percent in the next 10 years and of course the key technologies Renewable Energies we need a carbon price and also in the transport sector we can also take an example from denmark how you can have more Livable Cities with fewer cars and just cycling and public transport as the dominant Public Movement modes the scandinavians always seem to be doing great stuff and europe also seems to have gone quite green but one of the major problem spots i mean to the stranger before one of the other regions of the world who arent pulling their weight. Well 1st of all there is a lot of countries that still subsidize c o 2 or fossil fuel use which leads to the c o 2 emissions so its a no brainer that we need to stop all fossil fuel subsidies very very quickly and then introduce a reasonable carbon price thats just a basic economic question of the polluter pays principle why should you be able to do damage to other people the people causing that they should pay for their consequences so do you see 2020 years a year of change. I very much hope so because its kind of a last minute moment where we can still have a small chance of limiting Global Warming to 1. 5 degrees after all all nations on earth have agreed to in paris in 2015 its now key to finally take the paris accord seriously and fully implemented stuff in the store from the bottom institute for Climate Impact research thank you very much thanks my pleasure. A nice doing business with. Such. Conflicts with sebastian. Jungers recent celebrations for some of your drama series one corner the Public Relations triumph it was supposed to be a smart guest this week here in london to use to golf how does he justify chinas comes a lot of human rights abuses im a continuing pressure on hong kong conflict so for 60 minutes. Odd. This is state of the news africa coming up in the next 15 minutes mozambiques mixed fortunes despite hopeful political progress freedom from main fragile we meet the countrys top brass as a guy whos not afraid of offending those in power no matter how much they try to silence him. So this is the message that i heart for my fellow africans by this