signed and sealed. minder now of our top story at this hour the twenty third winter olympics have officially kicked off and showing china south korea almost three thousand athletes from ninety two countries will be competing over the next two recruit among those at the opening ceremonies john the sister of north korea's leader kim jong un she is the first member of the north's ruling dime to visit the summer. thanks for watching you have you've been fizzling has been coming right out . frank food. international gateway to the best connection self you know road and radio. located in the heart of europe you are connected to the whole world. experience outstanding shopping and dining offers and try our services. biala

gast trend food city managed by from. buy in dortmund like it's a good thing it's a favorite seems to have got all the best goals we've got all the action. is the whole german football share the experience of every match in the biggest league of the weekend here on g.w. . it's official following a week long sell off wall street and as a market correction the wild swings suffocates sentiment in asia big falls for recordings today europe looks on in horror up. a contentious pipeline projects connecting russia and germany passes another hurdle that could undermine energy secure. in europe. i am with valentine's day ahead when those flowers come from

hopefully not this slaving cap meant in the u.k. . and let's do business not only is this a market correction swiss bank julius baer has labeled the u.s. stock sell off the short volatility flash crash although everyone's blaming sudden fears of inflation it reckons we'll never actually find out exactly what stocks the death spiral that triggered an algorithmic trading reaction in stocks although it very optimistically uses the word short other analysts see the downside staying and cold is a natural reassessment of the inflation outlook 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. and 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. new year holiday and everybody would go to their homes to celebrate the new year and. come back until may

be. so. the march. for a good number of the stock market to 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. but see how spooked our correspondents are by this andrea hang in singapore daniel corp in frankfurt ladies first andrea it looks like the bears are giving the bulls a run for their money in asia or at least. it is happening as we speak asian investors are as you said spooked by such wild volatility that's been happening and this is coming up tonight the long years of a bullish market relatively with very mild volatility that we saw in the last nine years that sit this looks to be what's called

a cyclical bear if it does indeed come. a lot of the a lot of times a cyclical bear market involves the threat of high interest rates and it still. looks to the u.s. economy because it highly it's highly dependent on the u.s. economy also growth and not to mention how anything that's happening in the u.s. will to do things will bring down the value of the stocks of asian stocks the value of asian stocks as well as you know a threat to the flow of money into asia considering volatility has returned as and dry is pointing out down or how european trade is managing to keep their cool. well they're trying to rock the day i guess ban but this morning when i came through the stock market yes they were again very frightened after this massive landslide happening on wall street and yes we have been dealing with quite some volatility here at the frankfurt stock change as well by about two hundred points i

guess in general investors here trying to keep thinking a little bit more realistic again they are not that scared of higher interest rates in the united states for example they are telling me that here at least in the euro zone they are very sure that interest rates will remain unchanged at least until the end of two thousand and nineteen and that's the spike what analysts are saying a deutsche bank they're not really rocking along they don't have a very rosy forecast for european stocks at all well dr banks forecast for the bank itself is also not very rosy but yes in general they were reporting that they are thinking that the euro stocks six hundred with a six hundred most important shares here in the euro zone until mid of this year will be dropping by a six percent they are saying that the biggest program is the gap of strong growth in combination with low discount rates and drove back to you is asia warming up for

a deep dark death spiral or do you reckon we've already hit the bottom. i don't think the bottom is in sight just yet analysts do see however that further losses are to the extent that in the coming weeks and that the markets were indeed were in need of this very correction as they've been saying for months now this volatility that we're seeing right now is really just investors adjusting to the current market conditions that sit an analyst pointed out that this could be on the upside each chance to buy shares and now look prices that are more reasonable to the market ok there could be some bargains going around and a lot of reassessment is definitely needed and there's a welcome side to this many are saying that but what sort of data do we have coming up daniel that could have an effect could mean even bigger readjustment yeah there's so much on the agenda for next week mostly coming from the united

states will be getting figures from the industry coming in then also here in europe will be getting g.d.p. figures for europe and also for germany as well it's going to be very interesting to see if this will be again on a record high because the crazy thing we have to remember that those figures that we had in the united states such as higher wages and also less people unemployed those were good figures and after that we have seen the market dropping that mass and the fundamentals are there is daniel points out thanks for your analysis and greying thanks for yours from singapore the contentious nord stream to pipeline is closer to becoming reality of the markings on the german coast of ok construction of the natural gas link with russia north stream one runs along the bottom of the baltic sea from russia to new minn in northeastern germany is next project running alongside will double capacity which stands at fifty five

billion cubic metres per year. well critics of this natural gas project say it will increase europe's energy dependency on russia ukraine is said to lose out most of president the harmful russian gas exports to the e.u. passed through its territory but for how much longer nicolas connelly reports 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 as the chief transit country for russian energy it 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 here is set to be joined by a second connection to construction is due to get underway later this year.

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 project's critics in ukraine. would mean more than just. transit income. they say will increase europe's dependence on russian energy and. political pressure on its former eastern european satellite states by halting supplies without endangering deliveries to its big western european customers. that something strange backers including former german chancellor and current chairman have consistently rejected saying the deal is purely driven by economic considerations and provides additional capacity rather than replacing existing pipelines ahead of ukraine energy company is adamant his country has more to lose than just transiting called if north rim too is built will be devastating we believe 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 of interruption we believe russian will be. just a matter of months to go to construction to get in the way ukrainian hopes. to finally translate their vocal opposition to the project into action. just around the corner ever thought about where all those flowers come from. kenya the big global produces britain spit a colorful industry in this case deploying some very questionable customs. behind the seemingly ordinary field lie very dark practices police have found some two hundred migrant workers suspected of being held in slavery at this flower picking farm in cornwall in southern england. most come from miscellaneous romania

and bulgaria they're now being interviewed by police are making sure everybody is being treated properly and he will not need to saw assistance on site or off the site them or making that happen for them together with the council and all the other agencies as also i would search is 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 often under threat of violence at least thirteen thousand people are believed to be victims of various forms of forced labor in britain. nice to business with you. there on the w. a going to. the to the to.

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