i'll set you up today to have more here of the top of the hour mortgages how's your business update next looking at the prospect of a new free trade deal across north america have a good day. lehman brothers ten years on a story of ambition greed and megalomania. we're so clever on the lead role the race looks what little hope investment bankers salted caramel sold with their first job everybody was wrong to want you to ignore

the reality of the whole thing might blow off the members of a system that spawned out of control. problems that will. cause a member of. the current investment bank lehman brothers start september thirteenth on g.w. . to be a good. and you free trade deal for north america is one step nearer with canada open to talks and mexico already agreeing with the united states and where does this leave german carmakers in mexico also on the program germany's banks missed of the budget on digitalisation but now they have hopes to bounce back. and who would want to be beautiful and popular in the creations of us dubrovnik residents are warning that tourism can be too much of a good. thing. but have to be

a business i want to go jones of berlin good to have you with us so the u.s. hopes to find common ground on trade with canada after reaching a preliminary agreement with mexico now that provisional deal is important news also for the german car industry because it has invested billions in mexico and it depends on open borders so far so good but to me to the new requirements means changes must be made the new deal requires up to forty five percent of car parts in mexican factories to be produced by workers earning at least sixteen dollars per hour that's the sectors minimum wage trumps plan is to secure or even bring back jobs to the u.s. . experts say german manufacturers is dying live bands b.m.w. and v.w. could already meet this requirement now but another demand could pose a problem for some manufacturers seventy five percent of the components used must

be produced in the u.s. dima and b.m.w. currently don't meet this target mainly because both still build their engines in europe on the whole however german manufacturers welcomed the agreement regulations are better than tariffs the companies have invested billions in mexico over several decades and that dependent on open borders and agreement with canada is yet to be found however foreign minister chrystia freeland is in talks in washington. let me just read a grades that says it will take stock to conversation. and past life i fear. that if i were asked he would find that field trip to the station as well. yes that's. the war and of course struck to eat. significant obstacles still remain but german comic

has are among those hoping canada will join the new trade pact by the end of the week. let's get the view from the financial world over here in europe now from paul blitz who is keeping an eye on the phone from stock exchange tell gauging the mood of traders where you are callous hoping for a win win win triple win situation but of course the whole thing could be called off by friday what does that mean to investors. well who wouldn't hope for a win win win situation i would love to win win win and certainly investors would love a win win win win but on what side to bet on that's really really difficult and nobody really wants to take risks very little movement the signs that are coming out are well not very definite in fact chrystia freeland just stepped in front of the press and said they are working hard on an agreement that tells us exactly nothing so

we're back to refreshing our twitter feed and seeing if trump has any news on that and in the meantime if that was the bit going on way you up paul will there be a revised after including all three countries on friday come on tell us. well if i would have to put money on it i would go for a death and maybe. there is a positive signs of course and it might be interesting for a candidate to join especially after that amount of provisions that were just mentioned in the report because raising the minimum wage for these or the production of this. higher wage production is a benefit to canada cars from canada are going to seem cheaper in comparison to mexico and that is of course positive for the trade but the chemist trying to press protect its dairy farmers tariff on that and doesn't really like that so are they

going to figure it out we're probably got two more days to see what's coming up all right so i guess we'll have to throw a coin there paul brits from france and thank you so much. poor resultant tumbling share prices germany's big banks are in trouble just lost the title as the country's most valuable financial institution to a start up in the take say germany second largest bank could soon be ousted from the dax index how to bring germany's banking giants up to speed is the focus of a conference in front of it this week. is there no way to shake things up without letting them full that's the challenge facing germany's big banks right now with greater competition from abroad and trade conflict in world politics europe's financial institutions must pull their strengths says deutsche bank c.e.o. kristen's evening it's come. it's clear the pressure is on to consolidate in europe there are five thousand five hundred financial institutions in the eurozone

beefeater for not how many of them can manage risks in an increasingly confusing world economy. open europe doesn't need as many banks as possible what it needs is strong banks and bank plans to be among them it's retained its global aspirations under savings leadership stands even took over running germany's biggest bank in april for the past three years the financial giant has suffered losses falling behind competition particularly from the u.s. savings says that now politics must play a part to. order to produce true european champions and we need uniform regulations in europe we need a unified financial market and i know if you're not smart and according to saving a strong european financial center to say that europe can better focus on finding strong solutions to upcoming challenges like breck's it for example. the

pole of the address that is what people call dubrovnik a popular travel destination and gracious a southern coast it's a seaside location medieval science attracts thousands of tourists every day they provide a steady stream of revenue for shops and other businesses but they also get in the way of everyday life and some locals just have had enough of it. on a typical summer day in dubrovnik local resident to prof because she moon of it avoids the main streets they're packed with tourists and souvenir shops even normal businesses are thronged. is good because i have to stand in line at the supermarket for up to thirty minutes because it's full of tourists buying water fruit hope we will check. the mediæval city is on unesco's list of world heritage sites the u.n. organization has advised officials to cap tourist numbers at eight thousand a day but often more than ten thousand arrive especially when three cruise ships

docked in the harbor simultaneously with two thousand or more passengers disembarking from each one the deputy mayor says the city is working to limit the number of visitors. to arrive in the same morning are not arriving and there are like intervals. to bravo says the visitors is both a curse and a blessing she too lives from tourism charging ninety euro's a night for this apartment she prefers longer rentals to older tourists. audioslave all the ones under forty are a disaster they run around the streets with their bottles and they pee everywhere. they're. just like the nuisance caused by tourism the shipment of it's his intent to stay they've turned down an offer of a million euros for their house you know your way out this is my home i'm going to

die here i won't sell. why not. because they enjoy so many moments in the historic city known as the pearl of the adriatic. technology is coming to the rescue for the drought which is crippling kenya absolute smartphones are helping traditional herd us to move the animals to fetch pastures and jing and often deadly search for food and water the technology is also useful to protect her from predator this is how it works. camels are tough they can do without water longer than most other animals but they need fresh food the drought in east africa is especially hard on kenya's livestock herders the owner of these councils who struggles to find grazing land for his animals but now he has an app on his smartphone that helps him it's called apheresis gout.

camels are our main livestock they live far from water sources we used to travel around looking for pasture but this year we got to know after scout and it's information is helping us. we can now find pasture without too much trouble. right now we're coming back from the water point and we're going home early because we know where good pasture is. pastoralism is a traditional livelihood for kenya's masai people now with a satellite based map data they can better decide when and where to take their livestock to graze that saves time and energy and makes it easier to plan it also helps them avoid dangers like wild animals and that protects their herds it's also good for the environment says the developer of the africa scouting the american n.-g. o. project concern international or p.c.i. . sought through f f a scout application. to see how did you make

i mean that they can only move the stock to places where the forage has rejuvenating enough and avoid the areas that have been degraded and by avoiding the areas that have been degraded they give the spaces a time to reach of in it. the op is helping the herders adapt to the unprecedented drought. as climate change makes weather patterns here more and more unpredictable this kind of technology may be key to survival for the region's pastoralist and their animals. and that's your business update here on day w thanks for keeping us company.

on. the move. into the conflict zone. follows the lawyers. so is the judge trade shows corruption i guess is a human capital but that's all it is the outgoing president obama sends us food a clue about cheese fries having great shots of america's most just from a few soldiers free but does he deserve it conflicts so far. doubly.

whole. in nine hundred sixty eight and i'm crying echoed around the world much past young people rebelled against their parents' generation. which was a constant industrialist stupidity inclusions because she. he demanded looks. suspiciously like maelstrom of pilots with vietnamese. my generation watched the war every day. our documentary feature we want to keep those who were here. for the first time had a feeling of being conscious something's. meetings of those events to.

be similar on a. piecemeal. sixty eight. start shipping d.w. . the. violence is on the rise in colombia so is the drug trade so is corruption this wasn't the way it was meant to be my guest this week in the capital baghdad is the outgoing president. who takes with women nobel peace prize for helping to and latin america's longest running insurgency but does he deserve it.