well there were. at the. time to train those growth forecasts mr pease to russia says new u.s. sanctions will pressure the ruble and fuel capital outflows over the next twelve months. and high temperatures and little rainfall across much of europe are causing many farmers to fear for their livelihoods. this is your business update on helen hunt free glad you could join me well the latest traunch of u.s. sanctions against russia came into effect on wednesday and officials in moscow say they're bracing for lower growth and they weaker ruble as a direct result until now the kremlin not dismiss the big falls in the currency as market volatility but not i mean all. this russian reporter is saying that the u.s.

is no bandits sports or gas turbines to russia along with key items for the aviation industry like jet engines and electronics. until now the kremlin has been demonstrably on ruffled by u.s. sanctions especially since an earlier round had long reduced trade in military goods. but the mere announcement of this list sent stocks in large state owned companies tumbling on the moscow stock exchange. flag carrier aeroflot slid twelve percent of the beginning of august when the sanctions were decided. on the ruble exchange rate has dropped sharply in recent weeks foreign minister sergei lavrov is outraged simpering up to all sorts of it's quite obvious that these sanctions have nothing to do with syria ukraine or crimea. they're being used to enforce unfair trading conditions or to hobble the russian economy. further and of sanctions lined up for november could target banks u.s.

russian air links imports and exports and diplomatic relations. they would hit russia six largest state controlled banks as well as the country's entire oil and gas industry all of which would have dire effects on the russian economy. oho street has prices the longest full run in history and that despite any use that chump's for manoir michael cohen a former election campaign manager for manifolds could face long prison sentences uncertainty remains though will their actions have a negative affect on republican chances in the november midterm elections and what could it mean for the president. well let's get the latest from wall street our financial correspondent so fishermans he is standing by so is the it was a remarkable day yesterday in the trials of cohen and a man of forty one half the markets made of these developments. well

one would think that this would have an impact on performance and stability of the financial markets as most investors investing not only based on numbers but also based on assumptions about how the stock prices are going to further develop and as people close to top are falling some certainly might fear they could take trump down with them or at least endanger the status quo by whatever is happening in the white house does not seem to concern investors too much at the moment they're investing in strong company a strong company that just through parted good earnings that flourished in a solidly growing economy and even if we might see a small loss on the stock or two like we did on wednesday that does not mean that people are selling stocks in panic maybe some investors simply might have stopped buying and prefer to watch the market while holding on to this stocks interesting times but of course the bull run continues as well as there's the question really

is now how long can we expect it to do so. yeah so rarely we have seen or hef been seeing have actually been going on for nine and a half years since march two thousand thousand and nine that was when markets only started recovering from the financial crisis but there are threats to learning for example the multiple trade wars that have and impacted the markets yet because investors seem to be thinking trump can succeed in talking to foreign leaders and to get a good deal for the u.s. and then of course some bears are showing up or simply saying the stock market is at the end of a cycle of growth a'sssos the economy so we're going to say recession this i think might be a little too pessimistic and also too simplistic but i think with rising interest rates the likelihood of a smaller correction in the markets becomes at least realistic all right save a human ski in new york for us thanks for that sixty. europe is basking in its

hospice almost since one thousand nine hundred seventy six but there is one huge downside there's hardly any rain that's threatening the livelihoods of thousands of farm most in fact drought is wreaking havoc around the world some countries have even declared a state of a much. the drought has affected all of northern europe even north of the arctic circle temperatures rose above thirty degrees at times scandinavian farmers are expecting the worst harvest in a quarter of a century the governments of lots of lithuania have both declared a state of emergency farmers in poland and the czech republic are watching their crops wilt and expect the damage to be long term experts say climate change is at least partly responsible for the drought and expect further problems around the globe or climate models are saying that the negative impacts of climate change are

all made ripples or will be much more severe regions of africa and europe and that means the biggest. negative movie where people already were and that's something we need to take very seriously. africa for one has been hit by an unusual a severe drought this year cape town became the first metropolis to strictly ration water. for. farmers in australia ran out of water for their cattle drought there has even tripling wild emo's into the cities searching for water. in north america droughts has sparked catastrophic wildfires along the western seaboard from california to the canadian province of british columbia millions of hectares of forest burnt down the smoke creating a major health scare. meanwhile farmers in mexico have found

a culprit forward. drought in the central state of puebla they play in german comic folks fog and now in june v.w. started to use hail cannons to protect new cars in the bronx outdoor parking lots the sonic devices are meant to disrupt the formation of hail in the atmosphere prevent hail storms but farmers allege they also prevent any other form of precipitation the region's not seen rain since may almost say they've lost two thousand hectares of crops in the seeking over three billion euros in compensation from the north america. well most take away containers and coffee cups as we know contain pala styrene the plastic is tricky to recycle it often ends up in landfills and oceans but isn't it nice a canadian startup may have found a solution while turning a profit at the same time. it starts to grow in solution we just heard a little bit expanded polystyrene also look at all what you have to do with this

thought experiment polystyrene dissolved in a solution and then turned into recyclable pellets it's the first time it's ever been done the montreal based company policy then turns environmentally unsound garbage into a valuable product. founder so landline says they're recycled pellets are much cheaper than buying new polystyrene. since you are reuse the point daryn you don't have to extract all your gas china has stopped buying kind of his waste it's an emergency situation for the north american country but for brewer it represents a great opportunity you have to see the waste as a resource and to use it locally to create jobs locally and twitter it's just an evil product locally so that's a greedy use that china doesn't want to it's waste and you know they're completely right now police hopes he can convince communities to add polystyrene recycling bins. ai is known to them fine to use i find movies from small factories

in which the machines communicate with each other to improve production to intelligence software that validates you insurance policy it is everywhere and that is one of the top ten locations in the wall for auto official intelligence research companies are struggling to find skilled human. runny trains robots to learn skills they have to figure out where something is and what to do with it he takes them through thousands of different scenarios. but there aren't enough programmers in germany who can develop artificial intelligence projects like this. when you have hundreds offer us a couple of candidates who have these very specialized qualifications they're very good as it so we'll invite them in and discover yeah we'd like to work with you. then we're happy to pay to bring this sort of talent to berlin. ok through in

a startup aims to revolutionize mechanical engineering it's up against competitors in the u.s. and china coding these kinds of programs is tricky there are no proven procedures to fall back on an. that's what makes ai programming especially challenging. two thirds of germany's artificial intelligence companies are located in perlin the city is popular among a specialist quality of life helps compensate for lower pay than in silicon valley . as this is. it's impossible to get someone who's capable for under fifty thousand euros a year. a lot of people make much more than that here. but don't tell my staff our pay is more modest and that's because we have people

who are happy to be here. to help. the company hopes its location can help it attract and keep staff as it races against competitors to make artificial intelligence part of daily life. you're up to date see smart.

these creations should just brand understandable come lock up icons of the session. look what do we really know about the man behind the dark shades what motivates him how does he think feel transitional moment in the life of a great fashion designer. someone special got his start september no w. we make up over a week what does the cost of the under budget by we all of the civil service and. the want to shape the continent's future research. report if you enjoy number of your numbers as they share their stories their dreams and their challengers. the

citizenship and percent of the platform for which george. my first bicycle was a sewing machine. where i come from women their bones by this ocean towards something as simple as learning how to write them by psychos isn't. since i was a little girl i wanted to have them by sight the law of my home and it took me as the kids might have. finally gave up and went to buy me on bicycles but returned because sewing machine sewing i suppose was more appropriate for goes than rising above as knowledge i want to reach out to those women back home who are both by the duties and social norms and inform them of oded basic rights my name is the about of the hook and they work at me to. move.