in favor of the deal will it finally be signed and sealed. you're watching d.w. news still to come on the program u.s. and asian markets plunge once again but investors in europe are taking it in stride . first we'll have that story coming right up in business. learn german with. any time any place. whether we. need to believe it or mission which fits his research shows. all over the world.

online and interactive. german to go. learn german for free. trade drops again and the asian markets follow with. more than ten percent officially a correction will tell you what that means for your investor. stream pipeline project fears grow over the dependency on russian gas also on the show with. our industry providing a lifeline for destitute refugees from neighboring venezuela. this is e w

business i'm gathered as welcome the dow jones index plus plunged more than four percent last night combined with monday's losses dow that's down more than ten percent from its all time high officially putting the market into correction asian markets followed shanghai close four point zero percent in the red the sharpest drop in the region but european markets are only modestly lower earlier i asked danny a cobar man at the frankfurt stock exchange why european investors seem to be shrugging off the market mayhem. well let me tell you first garrett the traders here they are alerted the market already also true day even though we are not losing as much as we have seen on wall street yesterday it's still crazy we were up here at some parts at twelve thousand three hundred points even back in the winning zone now we are again dropping a similar picture pretty much all around europe all the major indices are down but

not really on the on a on a big level all down at the level of about zero point five per cent here in frankfurt we also have to remember that we were already quite suffering yesterday when wall street was dropping also yesterday we had the worst performance here since one and a half year and it seems that investors are thinking here a little board more realistic again they know that we are not going to see recession happening that maybe the inflation rate in the united states might go up a little bit and also we might see more interest rate hikes happening this year but all of this is still on a very solid and also a good level a good heart. daniel koeppen frankfurt that well that's quite a different picture in asia where markets went into emergency mode and immediately picked up wall street's sentiment or major indices suffered heavy losses many blamed also much automated computer trading but that's not the full story

volatility seems to be the buzz word we'll be hearing a lot in the next months. after the global market rout earlier this week investors were warned of increased and more frequent volatility in the next weeks and that's what they're getting as seen by the dallas plunge on thursday some analysts say that algorithm based trading in preprogram sell orders are to blame others point to market based indicators first u.s. investors fretted over a potential rise in borrowing costs as inflation picks up on increasing wages and they were anxious over the government shutdown some investors are taking a longer more sanguine view bracing themselves for short term discomfort or in one of these environments right now what do people have to realize the stock market and the economy are two different things. the technicals of the stock market are going to fight the fundamentals of an improving economy maybe for the rest of this

month asian markets have followed u.s. stocks deep into negative territory chinese stocks are on track for their worst day in almost two years and analysts have a similar outlook as to how long it will last also given the seasonal factor. so it would take some time of course the middle of february is new in the new year holiday and everybody will go to their homes to celebrate the new year and even to him come back until you may be. fair bruce so there you see. the march sort of. forget about the stock market for every school home and relax and improving global economy and little sign of an impending recession mean that a bear market or a sustained sell off isn't expected and corrections can be considered healthy but that health can falter if investors stay spooked by market swings. germany has its foot firmly on the gas pedal granting

a permit for the north stream to natural gas pipeline from russia to the first pop up of the old stream family runs along the bottom of the baltic sea. from russia to look mean in eastern germany that its sister project running alongside will double capacity of the road which currently stands at fifty five billion cubic metres critics say it will increase europe's energy dependency on russia ukraine is said to lose out most present over half of russian gas exports to the e.u. passed through the country but for how much longer. this plant run by ukraine state energy company nafta gas was built almost forty years ago and is now coming to the end of its working life as ukraine struggle to maintain its position that the chief transit country for russian energy needs to upgrade the infrastructure a pilot project financed by torture bank and underwritten by german export guarantees will see the multi million euro compresses successively replaced but the

question is will they ever really be needed. the north stream pipeline linking russia and germany directly across the baltic sea see here is set to be joined by second connection to construction is due to get underway later this year the new pipeline will be able to transport some fifty five billion cubic meters of gas equivalent to two thirds of the gas transit in ukraine on average in recent years the projects critics in ukraine stream to would mean more than just empty pipelines and transit income they say will increase europe's dependence on russian energy and allow the kremlin to put political pressure on its former eastern european satellite states by halting supplies without endangering deliveries to its big western european customers for that something north streams backers including former german chancellor and current nordstrom chairman have consistently rejected saying the deal is purely driven by economic considerations and provides additional capacity rather than replacing the existing pipelines the head of ukraine's state

energy company is adamant his country has more to lose than just transiting called north rim to is built. devastating we believe in clean air wait for a full fledged russian aggression against ukraine we are fighting to stop russian troops as eastern border but if there is no transit of gas if there is no risk interruption we believe russian will be. well first but just a matter of months to go to construction on north korea to get on the way ukrainian hopes are now resting brussels and. washington to finally translate their vocal opposition to the project direction. in europe as the days of slavery are long gone these that's what you and i believe but one day slavery is a growing problem especially in britain and scenes where the spread of forced servitude is on the rise police and caldwell have arrested three men on suspicion

of enslaving migrants. behind a seemingly ordinary field like very dark practices police a found some two hundred migrant workers suspected of being held in slavery at this power picking farm in cornwall in southern england. most come from mostly near a mania and bulgaria they're now being interviewed by police are making sure that everybody being treated properly any woman needs assistance on site or off the site they're making not happen for them together with the council and all the other agencies and also we've got searches going on for offenses. three men are in custody on suspicion of slavery offenses under modern day slavery people are forced to work long hours for little or no pay off and under threat of violence at least thirteen thousand people are believed to be victims of various forms of forced labor in britain well slave labor for some but flour picking currently becomes a lifeline for refugees from venezuela in neighboring colombia the world's second

largest exporter of flowers many find workers flawed because most of them have fled their home country where the socialist regime of president maduro has practically bankrupted the economy. and it doesn't really feel at home in chia close to the clumpy and capital of bogota but she's happy to be earning money even if it's just the minimum wage she's one of more than half a million venezuelans who fled the crumbling economy at home to seek a living in neighboring colombia. it's a looming refugee crisis. but i know it's hard for all of us but we have to move forward i'm going to. colombia is one of the world's biggest flower producers. every year around valentine's day exports thirty five thousand tons of flowers to the united states. other countries also get to be case

from colombia's flour farms the moment the better let them sort out the family name for valentine's day on mother's day we usually need more hands to fill the orders from the united states and the other countries we export to this year many venezuelans have come here the king for work. and we're giving them that opportunity. to play at. it used to be the other way round in the one nine hundred eighty s. when oil rich venezuela was flourishing many colombians went there in search of work that's why colombian authorities have let many venezuelans into the country now is that. this country feels a commitment to the venezuelans who unfortunately have been forced to leave because their own government is incompetent. most of the venezuelans here are still hoping the crisis in their country will end so that they can return home. to us magazine forbes has published the first list of crypto million as that is

a ranking of the richest people in digital currency like because every jaimie at the top is chris lawson the founder of the block chain network report is worth an estimated eight billion dollars also on the list cameron untile of twin brothers who famously feuded with facebook founder mark zuckerberg and later followed a digital currency exchange forbes calculations were made on january nineteenth that's important to remember given the recent volatility and plunge of digital currencies like bitcoin and that's it for me on the business scene here in berlin here's a look at markets right now thanks for watching. cut . cut cut cut. cut cut.

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the dream international talk show for journalists discuss the topic of the week after germany's longest political deadlock in post-war history the new governing coalition is finally taking shape the candidates deliver on its promises and how weak. that's our topic this week on quadriga joining us. in sixty minutes. i play. on a problem that will not succeed in dividing us about not succeed in taking the people off the streets because we're tired of this dictatorship. taking a stand global matters. made from mines. created. it was an instrument of propaganda and persecution. it underwent bankruptcy and restructuring. but it still turning out films today.

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