this is t w news coming to you live from berlin the turkish lira falls to a new low the country's president says turkey's financial system is under attack the central bank has promised to do all it can to stabilize the currency but fear is growing that the crisis could spread to other markets including you're also coming up. edging towards peace for north and south korea agreed to hold a third summit in september but worries remain over the nuclear standoff between the north and us. also on the show a debate about muslim headscarves comes to

a head here in germany. time only twelve minutes they say you have to leave you had scott i'd say no it's my choice you can't tell me what to do you know my parents you don't have custody of me and you can't make my decisions for me shooting other would be allowed to ban the wearing of headscarves by girls under the age of fourteen. and by music begin the new season with an emphatic victory over praying for to the german super cup bring you the highlights from their latest with. well i'm terry martin good to have you with us turkey's central bank says it's ready to take what it calls all necessary measures to shore up the country's currency this after the lira tumbled to a new low against the dollar on monday with investors fearing. crisis could spread

to other markets the currency has nosedive this year no worries about president russia time to once increasing control over the economy and a diplomatic dispute between turkey and the united states on sunday out of one railed against washington's recent decision to double tariffs on steel and aluminum . well for the very latest let's go to our correspondent dorian jones is standing by dorian the government in turkey says it's in an economic war does this crisis have the potential to destabilize the country while i think it's already doing that. polls in the current sea have calls absolute shock fear among the population and is raising korean concerns going forward it could ultimately become a systematic crisis on the money banking system if these heavy poles continue so already the the instability is there and i think the biggest concern going forward

is he said the best is. needed to stabilize the currency all being refused to be carried out by the government the government says this is not true of any financial problems but rob or an economic well being waged by washington and you mention that economic war with washington that's a big driver of this crisis a growing rift between washington and thinker is being blamed for much of the tensions why have those relations deteriorated so much. well this is been coming for some time there's been ongoing tensions over the united states backing of a syrian kurdish militia in syria in the war against the islamic state considers that militia shura terrorist organization linked to an insurgency inside turkey that has been open for within turkey on top of that washington is harboring a. cleric who ancora blames for the twenty six failed coup attempt

says washington is not heeding its calls to extradite washington says that we're waiting for more evidence that is a major point of tension. on the lying tensions that have been going on and this culminated over this. past brunson who's been detained for over two years on terrorism charges washington said they are baseless and accused of hostage taking this is all about the judicial process that has to be respected and washington says the media release theme is a trigger for this financial crisis and this crisis in relations between washington and turkey is signaling that it may want to develop greater economic ties with russia and pivot away from the west there are even concerns about to turkey's continued nato membership is the turkish government prepared to go that far. from on christmas specked if they say that this is purely the policy aggressive

policies being launched by washington they say that in fact the president in an op ed in the new york times this weekend pointed out turkey has a decades long relationship with the u.s. and it is washington that has declared this war on turkey and turkey has to look to alternatives because of this aggressive policy by washington story and thank you so much dorian jones there reporting from ankara. or from istanbul rather of course we'll have more on that story in business news with a little later in the. sure now north and south korea have agreed to hold a summit in pyongyang in september it'll be the third meeting between the leaders of the rival countries this year the announcement came after officials held a fresh round of high level talks on monday morning the negotiations in the demilitarized zone between the two countries were proposed by the north last week relations on the national have been falling further despite tensions between north korea and the south's ally washington. for more now we're joined from

seoul by reuters correspondent george smith josh we don't have an exact date i'm told for the summit but we know roughly what will be on the agenda. but they also didn't announce specifics of the agenda but the north koreans did say that they wanted to talk about removing obstacles to into creating reconciliation this is potentially likely to. be key issues including sanctions as well as in full declaration of peace not only between the two koreas but between north korea and the united states and actually china as well these are some things that have all sides been hung up with on the past and so while this summit is likely to have a lot of. the two koreas are likely to focus on some you know various cooperation

issues and some things that might be more realistically attained now this summit trees become rather intense this will be the third meeting between the two sides north and south korea since april how significant are these get togethers do they signal a sustained fall do you think. it does certainly appear like both sides are trying to keep up the trend of increased cooperation between the two koreas trying to prevent some kind of slide back into the tensions that not only marked last year but several years before that so as opposed to for example the last summit which was kind of a last minute affair between the two leaders right on the border this next summit in pyongyang is certainly expected to be huge affair a lot of sea and a lot of symbolism of. trying to make amends so a lot of pageantry of all of symbolism this meeting coming up we think in september

between the north and south poles a high profile summit between conjunct and the u.s. president don't trump back in june are we any closer analogy off just seeing the denuclearization of north korea. i think you're in optimists realize that that's a goal that is likely to take years if not decades to north korea in recent weeks has increased some of its rhetoric criticizing next stage seoul and the united nations over talk of the future that is ation so while it says it is committed to the needs there's ation of the korean peninsula there doesn't seem to have been off whole lot of movement since some of those summits so this is definitely one of the challenges for not only the south korean president but also officials around the world trying to make progress on that in the coming months josh thank you very much for bringing us up to date on a reuters correspondent josh smith there in seoul south korea. now

a couple of other stories making headlines around the world today human rights groups have called on european governments to allow the aquarius rescue ship to dock and let one hundred forty migrants enter europe this after italy blocked its ports to migrant ships and accused the charities of colluding with human smugglers to run a migrant taxi service that encourages illegal immigration. and britain based monitor group a britain based monitor group says an explosion in northern syria on sunday killed at least thirty nine people including many children blast struck the town of samata in it live province that's one of the last areas of territory still held by rebels opposed to president bashar al assad. a white supremacist rally in washington d.c. fizzled out on sunday after only a handful of neo nazis showed up the supremacy ists were massively outnumbered by hundreds of counter protesters rally was held on the first anniversary of

a demonstration in charlottesville virginia where one woman was killed. i have hundreds of people marching through washington to condemn racial hatred the year after a white supremacist rally in charlottesville ten deadly these counter-demonstrators far outnumber the white nationalist protest which is also being held in the u.s. capital yes it's vital that. we don't allow white supremacist and open fascists to take the street on contested i don't want nazis and white supremacists to speak for me i thought it was important to come out so that there's other voices to counteract them this empowerment of people who think that their comrades in the conference it was either the booze rights is the way out of line and because it was against all isn't it ridiculous. degree program twenty white nationalists was much

smaller than expected it was escorted by hundreds of police officers who were out in force to ensure no clashes erupted. the organizers down played down role in last year's violence. in the east side but be sure. to use oh there'll. have to be a place i need i need a key to be measuring what i. i i. think in charlottesville where the far right was forbidden to rally this year largely peaceful commemoration events white house last year hundreds of white nationalists descended on the city to protest the removal of a monument to confederate general robert c. late the rally ten violent as protesters clashed with counter protesters common aging the death of head the higher it was killed when a man trade his car into a crowd was. back in washington a downpour brought an end to

a day of remembrance and protest without any violence. cubans are starting a debate on a new draft constitution today for the next four months people are being invited to voice their opinion on the document at hundreds of public events on the island a vote is to be taken in february next year the new constitution would for the first time recognise the role of the market and the private sector many welcome the changes but some worry it could spell the end of communism in cuba. cuban hotel i know julio roquet has been working in hospitality for more than a decade he's closely following the debate over amending cuba's soviet era constitution the national assembly has recognized the right to private property its decision could come into effect next year but even if it happens julio is not expecting changes of a not do it i meant that i don't think that recognizing private property in the constitution will automatically mean that we'll see the creation of small and

medium sized private companies and cuba but it. can nationalize embley said the option of a draft constitution followed hated debate some lawmakers expressed concern that the changes could effectively main the end of communism who feels insulted by some of what traditionalists had to say. why herds of males in the national assembly over whether it would be right to allow artists and athletes to accumulate wealth. but it can in but in the mean one hundred talent and skill matters to me when people said it's a demeaning role they were degrading our country. to him quote i said. nothing. private property and the role of the market and now set to be enshrined in a new constitution but this still has to be officially approved in a referendum. particularly when i agree with what's happening and i hope other

changes in our country will also be taken into account through further modifications of the constitution that mining and i live in a could never do the same play on the private sector should be recognized that companies like cooperatives are more in line with our system which is socialism. headed the referendum the people of cuba will be able to have a say on the draft constitution. for tele houllier ok is planning to attend bytes to propose his own ideas on what should happen next. in. the input individual enrichment always brings about a collective in richmond with that other taxation i'm going to through the creation of individual employment or else by creating improvements in a community. so entrepreneurship ought to be seen as a potential opportunity for the cuban government because it can assist in improving citizen's quality of life. for. many cubans hope the brand of

socialism set to be enshrined in the new constitution will bring them greater prosperity the vote has created for a new debate over the country's future. well speaking of debate few issues are more controversial here in germany than the wearing of the headscarf by some muslim women critics say it's a sign of oppression by men supporters say in a democracy people should be allowed to dress as they please the debate is coming to a head in the state of north rhine-westphalia the government there is considering banning the headscarf for girls under the age of fourteen as. found out emotions are running high. and shine three classmates three muslim girls so he that has been wearing a headscarf since she was ten it bothers her that some politicians want to forbid

girls from doing so. well on our screens this time only twelve minutes they say you have to leave you headscarf i say no it's my choice you can't tell me what to do you know my parents you don't have custody of me and you can't make my decisions for me. i also want to wear a headscarf but only when i am older and mature enough to make my own decisions. but at what age are girls really old enough to make a conscious decision to wear islamic head covering the german state up north when with various integration minister says that younger than fourteen is too young and he's thinking about banning it which is going to speak to. me it's very important to us we want women who voluntarily decide to wear a headscarf to be accorded full respect for society this is nothing to do with marginalization but we do not want young girls to be forced into it because. most school girls here at elizabeth's elbert comprehensive school in bonn say they were the headscarf voluntarily. and. almost half the students here are

muslim but only very few of them actually where he job under the age of fourteen what is striking though all the girls i talked to say they plan to wear one in future some teachers are critical of this trend but they feel a ban would be counterproductive. the state islam teachers at the comprehensive school in bonn take a different approach. meir gunsmiths that's the it's very important to me as a teacher to enter the debate this shouldn't be a straight ban but there should be a conversation with schoolgirls who are searching for answers wearing a headscarf is of course a symbol that strengthens one's identity so to ask about such a personal decision i can only do this when this trust and one would wish to tone sixth grade islam plus is supposed to inspired his pupils to critically analyze the religion to make room for open discussion and allow different interpretations of

the koran. you also have to think about how things were fourteen hundred years ago and how things are today this is. not an easy task when it comes to the headscarf debate most children have taken on their parents' attitudes oh. well i think the children should wear a headscarf from puberty from the idea of fourteen or fifteen so they don't get harassed or something just like. my sisters have also started wearing headscarves and i've seen them wearing them and i was the only one left so i said ok i'll put one on t.v. so. these are religious traditions that have continued and of course they're also seen as traditions by their families. and their own absolutely seem that way by the mosques. are often more. than about. them bocanegra is trying to get his pupils to question traditions for him school is just

the right place for it. in soccer by munich have won their first piece of silverware for the new season after beating frankfurt in the german cup german super company is the reigning league champions were in unstoppable form eventually winning the game five nil result made it a happy return for buy ins new coach nico koba chu won the german cup with frankfurt just a few months ago. for nico kovach to return to his old stomping ground in frankfurt and he was feeling the love. but on the pitch he was looking to defeat his former club. that the star frankfurt brought physicality and looked ready for the match but biron opened up the scoring in the twenty first minute the pass from yahshua can make set up robert live in those key to handy and then gave byron an early leak by. then things got

a bit heated with wayne marco fabienne in goal score eleven dogs to the pole gave the perfect response again with this hanging by frankfurt goalkeeper frederick grunow looked uncertain to neil buyer humbles was lucky not to get a red card for this fallow immediate dutchy to bitch. after the break byron took advantage again through the window speak he completed his hat trick was but byron work finished kingsley comando added another to pour salt in the eagles wounds was and then tiago added a fifth goal to seal the game was the coco botches new side demolished his old one they probably won't give him such a warm welcome next time the wind is byron's seventh super cup victory. over more and by

a victory only by what tucker from your sports joins us here in the studio hey element impressive stuff there from beyond what stood out in their performance for you oh strikeout robin and oscar but the hat trick i mean we're well aware that he's been toying with the idea of wanting to leave by in munich and you saw phases of that last season where you were like you know oh he's performances we're not up to par you're like you seem trust trained that he didn't seem motivated we're going to see really want to be again and this is when you watch comes along basically with his great people skills. takes a very frustrated robert naiman dosti to the side convinces him to stay convinces him of his importance and what do you get the going machine is back raw material and off he's back the only one so a goal machine there for four munich but what about frankfurt is this kind of a bad omen for their season i'm not going to be so hot in frankfurt i mean this is a team in transition they lost around three to four of they keep a yes on top of that nico colebatch to buy in

a match isn't just any coach i mean he played a huge role in frankfurt success last season and then there's there's also the problem how some of his players like for example the world cup run up with croatia he has missed most of pre-season training so i mean let's be realistic it's going to take time for frankfurt to adopt adapt to id her to new system so they will have their work cut out the season ok looking ahead to the rest of the season in fact looking all the way to the end that given what we've just seen from by and in all minister form is there any chance of any other team maybe. the championship you saw they set the tone and it's a very dominant tone by an a by nature they serial winnows i mean they have the consistency they have the depth i don't see them getting complacent and i hate to say this but i think the bundesliga title race is over before it even gets started sorry it's so boring we hope that it will mix it up a bit in the course of the earlier which aren't you did obvious for. then the

twenty eight hundred european athletics championships concluded in berlin on sunday it was a good closing day for the british team who dominated on the track great britain won the women's four by one hundred meter relay event britain's men's team also won gold in their race now those results meant great britain finished on top of the athletics medals table. and it was a big day for sweden's armand's du pont is he took home gold in the men's pole vault final clearing a height of six point zero five metres a new personal best for the eighteen year old and also an under twenty world record . well getting back to our top story now the turkish economy is under intense pressure and hubby is here with all the details thanks so much terry indeed we are following the turkish lira very closely this morning and today's trading session the turkish currency has recovered slightly but it's still moving near all time lows at the same time the government is announcing

a plan to stop the freefall but as several issues are hitting the turkish economy simultaneously solutions will be very difficult to implement. markets have been waiting for turkey's central bank to take action and finally it has announced how it plans to help banks with the ongoing crisis its proposals include providing banks with a cash flow they need and enabling them to parents the for a month but some experts say those measures won't solve the biggest problem. inflation the turkish value has tumbled to record lows against the dollar and that's due in part to the fact that the central bank has not raised rates leading some to question its commitment to tackling the leroy's tumbling value and the country's economic walls could have ripple effects beyond turkey to the european central bank is concerned about e.u. banks being exposed to turkish debt spanish banks are the most vulnerable having lent a total of eighty billion dollars to turkish borrowers and turkish companies are

concerned they won't be able to meet their debt commitments to foreign investors on monday new higher tariffs on turkish steel and aluminum imports to the u.s. went into effect they could deal a devastating blow to the economy investors are now seriously questioning whether the country can free itself from what is turning into a major crisis. all right let's bring in our financial correspondent in frankfurt always bad for standing by while it's good to see you know we saw the asian markets all in the red this morning and it seems like the same is happening here in europe . that's true the ducks are in germany is losing and you see losing share prices all across europe and the banks are the leading losers if you look at the euro stocks fifty shares like i n g or the deutsche bank and here in the dax also the canals bank they're losing and they're continuing that trend from friday because

investors are just anxious what happens to the banks and their business what it means of the loans to fall to turkey and people don't like what they're hearing from the turkish president or the finance minister so far unless here in the market pretty well everyone you talk to say the only remedy situation is the interest rate hike and a quick one otherwise this thing will spiral down further and that certainly bad news now let's talk about other about other bad news the biggest loser in today's trading session is the german chemical giant buyer and this comes after a u.s. court ruled in favor of a cancer patient that successfully sued monsanto for not warning about the cancer risks of round up a week killer from onset and only fire just acquired monsanto as we know and the case is not really news so did investors really see that one coming. i don't know if they didn't see it i know that analysts i talked to saw the legal risk they said it was pretty well the only risk involved with it not the super high

purchase price not the capital raising issues that fire had with it or the market prospects but the legal risks were the main driver behind the skepticism but i think people thought or they hoped that it wouldn't come as badly as us and you know this is only the first ruling buyer will appeal it it says it has scientific evidence to prove otherwise but there are hundreds of cases already approved for going forth in the united states and i think investors are a bit surprised they should have been but they are only for us in frankfurt thank you very much for the analysis. and watching you doubly news from berlin more coming at the top of the hour we'll see you then or whenever you want need w dot com.

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