move to try the school own goal helped take the lead and then more acrobatics new signing actual votes to get in the back of the net with this overhead kick for one final score with the top one. now after months of slow progress the u.s. and mexico are reported to be close to striking a deal on renegotiating the north american free trade agreement nafta or not you know business round up coming up next here on the table with monica judd's. on. the. lehman brothers ten years on a story of ambition greed and megalomania. we're

so clever the elite. class what level of investment bankers and brokers charge so with their first stop. everybody was wrong or wanted to ignore the reality of the whole thing might blow off in the face of a system that spawned out of control. little bubbles that will and it cuts through everything the crush the investment bank lehman brothers start september thirteenth on g.w. . to do. this on aims for the chinese market with a new electric car but with local rivals well entrenched it has a lot to offer catching up to do also coming up in the show wide german companies operating new ground in hungary and why critics are concerned about them or two nations. welcome to d.w.

business i want to get jones in berlin and we're starting with the italian economy minister giovanni korea who is currently in the chinese capital beijing and there he denied recent speculation in the italian media that the goal of his trip was to find new bios of four italian debt to sit in a chinese newspaper that the objective of the mission is to strengthen economic cooperation between the two countries italy's a populist government has promised to go on a spending spree next year they want to cut taxes and boost welfare without yet saying how they plan to rein in debt italy has the second largest debt load of all e.u. countries after greece. alright let's get the asian perspective on this particular issue crossing over now to linda hong a correspondent in singapore good to have you with us linda do you know of any investors in the region that would be interested in italian debt well

italian debt seems to be quite not so attractive i mean if you look at it you look at the g.d.p. to debt ratio it's a far hundred thousand debt to g.d.p. ratio it's about one hundred thirty percent and that means that it's very hard based on economic growth of one point five percent last year and projected again the same this year that it will be able to service its debt and so it attractiveness may not be that appealing to asian investors which is seeing quite a bit of growth as compared to the european bonds economy that's already maturing talking of growth i mean there's a lot of money around certainly since today with hong kong stocks seeing their biggest one day gain in six months what's triggered to that a jump. well those central banks in the old days it would like the market more stable in the face of a stronger u.s. dollars and the ongoing trade war between washington and beijing the people with

you had actually said that it's reviving account a cyclical factor in its daily fixing and that is actually of risen strengthened the you are today and that was also said the stock market in hong kong surging to one of its biggest gains in months and so that is why we are seeing such a rally today monica attard ok so this is the sort of positive aspect of those games how sustainable would you say are they also given i mean we have three new tensions now between north korea and the u.s. we know that china reportedly is very worried about that how will react investors react to all that well you know there's still a bit of worries about the profitability of hong kong companies and take note that this one day announcement is just one day and there's also worries that in the long term another twenty five percent of two hundred billion us dollars of goods a could be imposed on china make goods next month and this is actually despite all

the branch of the currency being strengthened by the chinese government there's also the u.s. still doesn't seem quite happy on friday u.s. president although. they're not sending my doll you advised against it because the chinese is not doing his job so we're seeing actually quite a bit off of tensions still going on and uncertainty in this area in the home there in singapore thank you so much. u.s. and mexican negotiators are reportedly close to squaring away bilateral differences to update the north american free trade agreement on nafta in response the mexican peso is on the rise on monday trading disagreements between the two sides have been a major obstacle to renegotiating the deal which also includes canada us president donald trump has been a harsh critic of an after accusing mexico of using it to take away jobs from americans canada's top trade negotiator has also expressed optimism analysts say a new deal could reduce the risk of a global trade war talks are set to resume later today. and here in germany

sentiment among executives improved significantly in august according to the munich based it for research group its latest survey of company heads shows that they are somewhat more satisfied with the current business climate germany's record trade surplus and the ongoing negotiations between washington and brussels have boosted sentiment this is the first rise for the month of weekly business climate. found with that we would like to cross over to paul but it so a man of the front for stock exchange this week called german business leaders more optimistic again to investors share that feeling. yes want to have the two percent optic in the business climate was actually a big surprise so much so about the eco institute gives out this gives out this index is considering to correct its growth outlook for the year the index is

considered the most important gauge of business climate and it looks like the german boom party is going to continue where there's also shows of course is that german executives are heavily reliant on exports on trade and with the calming of the situation between the us government and the e.u. situation is much more comfortable for executives now especially in the automotive industry where they were tensions and talks of terrorists and used to be imposed on german products oh i talking over exports and feeling comfortable just very briefly paul. is still posing a challenge president marcos says that he's special relationship with the u.k. post breaks it and to keep you unity that sounds familiar is it doable. just when we thought we didn't have to think or break said for once but mccraw is not the only one who is on the one side the hopeful but on the other purpose and

buckling up for a hard right as hard as it seems more likely the german industry is the association is actually war and. saying it is growing. more the risk is growing day by day and the consequences could be worse than the british government is ready to acknowledge publicly all right. at the front of stock exchange thank you so much . this un has launched a brand new electric kamado aimed squarely at the chinese market the government there has been pushing evil billet not least because of serious worries about pollution the new model will be built in china and the japanese make a hopes to gain a foothold ahead of foreign rivals but it might be the domestic companies it has to worry about. this is the first electric sedan that nissan has designed especially for the chinese market and it is now set to go into production in china

a market in which no car maker wants to be left behind. china has one of the biggest market in terms of better right people from michael economy point of view and if you want to be in china or think we would have to go is how much we can the wife and i there's a lot of local suppliers in general with people who go there for that is what we have to do. like other global players meeson needs to produce electric cars in china to stay competitive on the chinese market they are the market is dominated by local rivals which have been heavily subsidized by the chinese government since beijing relax rules on electric car makers earlier this year in a bid to boost development there's more room for foreign brands and it appears to be working g.m. and folks wagon will also be launching electric car models designed for the chinese market this year. and construction work on a new b.m.w.

plant in eastern hungary is set to begin next year the german com make it hopes to produce one hundred fifty thousand cars a year b.m.w. follows other big automotive powerhouses like mercedes and audi who've had plans in hungry for some years now concerns about the government does a day in for the e.u. after face. just off the autobahn to budapest this four hundred hectare field is to be home to the bavarian automakers new plant and investment worth about a billion euros the german auto parts supplier came to debrecen more than twenty years ago attracted by lower labor costs but is that still the case is a low that no not because of the low wages it's the proven expertise of the people here our products are highly technologically oriented and the big advantage for us is the professional pull that we're able to draw on.

the local man pap is proud of his newest corporate settler the german bottling machine manufacturer conus the company has invested forty million euros here perhaps political composure a president viktor orban has come under fire for his anti european policies but that doesn't seem to bother invest in. the city of debrecen and the region have a lot of potential i don't think investors come here and look at the unemployment i think they come because we have seventy four thousand students in our university and that's what these german companies need a well educated skilled workforce but hungry so opposition parties have criticised b.m.w. z investment they say details of the one billion euro investment not transparent enough. we don't know how much it will cost for the taxpayers we don't know how many drugs discounts they were that we don't know anything about is the. government

and these big companies including the b.m.w. makes these special discounts which are kept in secrecy. what about sheffler with its recent fifty million euro investment in a new production facility the industrial bearing company says there are no e.u. funds for such large scale projects. or notices it's not tax exempt we got only state subsidies to cover fifteen percent of the total investment. to make the location of debits and more attractive the hunger in government is building a new technical college and it's intended to produce a labor force tailor made for the new industries moving to the city. and that's your business update here on d w thanks for watching.

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a classic specimen. from. the moon. boy. told. him a hundred sixty eight zero zero crime echoed around the world. young people held against their famines generations. it was an obsolete and dusty full of stupidity entish an instruction sheet they demanded nothing less than a home society oh my my god. strum a few forgotten toilets with the field no more playing a role play my generation watch the commodore every day and the color documentary takes a look a lot of times those were near the members of the earth for the first time i had

a feeling of being part of something. that means of those events today. the seeds of civil rights. peace movement the women's movement led to this period. nineteen sixty eight the global revolt starts september first on d w. player. or players. play. oh and we're going to drive with the motor magazine i b w coming up giving a track we test them or c b s e m g c sixty three s. hitting the stage for a new porsche macaque. and hitting new heights.