live from ballard still to come a revitalizing energy food store a danger to health the sale of high caffeine soft drinks to children could soon be banned in england has been linked to obesity and to bad behavior or i'm not coming up in your business updates with monica jarvis. i'll have more world news for you at the top of the hour in the meantime of course so where's the d w dot com have yourself a good day. on. the line who find his want to start families to become farmers or engineers every one of those apply for your children. so nothing is just that the children who have already been this all a n.i.c.u. and those that will follow are part of a new process. they could be the future of.

granting opportunities to news that matters d. w. made for mines. people for information. that means they want to express. facebook and twitter today in touch. with. the. argentina is taking desperate measures to stop its currency from losing value but so far nothing has been able to stop a further decline in the pay so we talked to a senior market out of this to ask what's ailing emerging market economy. also coming up livestock in australia showing down while they can

a drought down under has created a crippling shortage of feed on top camos are taking drastic measures. welcome to w business emerging currencies sold off shopping again today after argentina's spaces suffered its biggest one day decline in three years overnight the drop was triggered by a speech by president mockery on t.v. in which he asked for an early release of funds for today argentina central bank has raised interest rates to sixty per cent in an effort to halt the free falling pace or uncertainty over inflation an economic downturn and budget deficits as then the peso tumbling forty percent since january. everything is getting pricier food elektra's city buses schools this year inflation in argentina is expected to reach around thirty percent and at the same time the peso continues to fall since the beginning of the year the argentinian currency has lost forty five percent of

its value against the dollar the country's central bank has spent weeks desperately selling off its currency reserves in an attempt to stabilize the peso but to no avail nor has president maurice e.o. mackie's appealed to the international monetary fund to speed up disinvestments from the country's fifty billion dollar credit line foreign investors and the public have lost faith. we're going to resemble the money it doesn't trust the government and especially its economic team i think that if the finance minister and the central bank president don't step aside very soon things will get much worse it's not a case of poor economic decisions the main problem is that those in charge have lost credibility if they're going to go as a go if you know. go for growth is at the moment. and yet until recently the center right president was seen as a dynamic reformer he opened argentina up for trade and investment attracted companies to the country all paid for with foreign capital but it's not clear

whether the loans will be repaid debt payments of almost twenty five billion dollars on next year rising interest rates in the u.s. are one reason for the crisis it's now more lucrative to pump cash there and that's not just affecting argentina the ruble the south african rand the turkish lira and the brazilian ryall are all plummeting political conflicts are making things worse argentina may have further to fall protests against the government are growing and the nation's biggest unions the g.t. says it has strikes planned to. bring in a senior market analyst at foreign exchange in london good to have you with us how worrying is argentina's decline for investors. it is worrying i mean naturally when you see the currency plummet in the way that the peso hospital last couple of days

but even going but beyond that is obviously not truly a concern it seems this crisis is not a hand on the government is clearly now relying on the i.m.f. to call me in and provide some much needed stability in order to prevent the crisis worsening because ultimately this is going to lead to extremely difficult times for people in the country something that unfortunately how become a cold caused them to follow in the crisis back in two thousand and one which is why they're not that keen on i am to start off with of course we see it is not just argentina there are other emerging markets currencies are also struggling to turkish lira the brazilian believe the indian rupee what is the connection. well not really when people start to see a crisis emerging in one of these countries they naturally start to look at all the countries that fall into the same basket this emerging market basket which is sin is as having containing higher risks. for the part of the cycle that it is within

and looking for countries of similar trends and those trends tend to be large corn account deficits large borrowing in foreign currencies typically u.s. dollars the ones are more vulnerable to interest rate hikes in the u.s. which strengthen the dollar and weaken their own currency and what we're seeing is that those are being highlighted we are no stranger to the troubles in turkey and they have a political crisis on top of that was c. in south africa is being targeted as well we're even seeing a say it's all off as you say in india and the economy that is actually performing relatively well but they do have a large current account deficit and the high oil prices when they go into may got worse so not too late those tend to spread across and eventually it will even catch up in the in the in the emerging economies actually have a much better health just simply because they fall in the same basket investors want to pull their money out because they don't to be the last ones out the door but when we look at this debility of the global economy as a whole how important is the stability of imagine market economies. it's

extremely important because we have to remember that they may be emerging economies and we may put them in a specific fosgate which makes them feel and sound separate but the role in killing the especially when we look at the financial system and we've heard in recent weeks a lot about how exposed to european banks for example law to turkey it's a turkey and the difficulties that the banking system is having the u.k. included but also the likes of italy etc do have exposure to turkey so if you see a downfall there that will have negative implications around there's also the global economy aspect as well these countries typically trade with other countries so anything that makes really implicate it affects the man from these countries again how thought knock on effect to all those. on this you know market analyst at one day in london thank you so much. it's been a year of droughts across the globe and australia is no exception right now the land down under is suffering from the west's dry spell in living memory feed crops

and withering forcing farmers to buy feet from elsewhere and with water supplies drying up farmers have to resort to calling their herds. australian farmer richard is using he donated by relatives to feed his cattle during australia's worst drought in living memory ogilvy expects to lose over one hundred twenty five thousand euros this year after his hay runs out in six weeks he doesn't know what will happen next we've gone from twelve hundred calles in cobb's down to six hundred we've put in pumping systems to get trough water so that then when the dame's go to draw the cattle of goat alternative sources of water and ollie's things that we've done. to hold co sayf got it so if they got straight out hasn't has helped us but in the long run we will not sustain this if it doesn't run . farmers have described this season as the worst drought they've ever seen. and

it's the livestock that are suffering the most. in better times the damage kevin tongue's property is three years deep it's now been empty for three months decimating his wheat and barley crop. all thirteen hundred sheep have to be fed with grain and fodder and transported from other parts of the country. yeah if it does dry we're still going to have to fade for another model six weeks any why because you know we're still getting frost here it's not warming up real quick. you know with that we're still going to have to invade and that's just another burden. on up audiences. the australian government pledged an eight hundred million euro increase in funding for drought afflicted farmers in addition to the three hundred sixty million euros of assistance previously announced but what farmers like ogilvy and tung need the most is some long awaited rain.

the sale of high cafe in soft drinks to children could be. and in england the government of prime ministers recently is mulling a prohibition amid health concerns it's launched a twelve week public consultation seeking views on the subject and asking whether restrictions should apply to children under sixteen or under eighteen energy drinks are becoming increasingly popular among children but they contain high levels of sugar and caffeine and have been linked to obesity and a range of other health issues. so hot help stations high blood pressure inability to sleep restlessness and so kids tend to self medicate with them to stay up gaining those kind of things and teachers are reporting problems in schools because kids going to school having taken the support first and then call sixty will day it's sort of and obviously the sugar as well with with potential can ease as well

as it is a really shake the proposed legislation would ban the sale of energy drinks containing more than one hundred fifty milligrams of caffeine per liter to children a two hundred fifty millimeter camera may contain double that amount or the equivalent of three cans of soda parents are becoming increasingly concerned i don't think kids should be allowed energy drinks that's going to pose a hazard to a cigar to the top. and they should be able to hot button up nutrition through their feet to be able to go about their juices monty's like to get to. go to school day without having to be stopped and i don't believe in the level of a lot of maladies if you're trying. to have a dog. that can tell you i think we just have to be secure if you can't take what you said no we have to get out you have easy to change public health advocates welcome the proposed legislation nearly a third of children in england are obese or overweight by the time they leave

primary school the government is aiming to tuck childhood obesity rates in half by twenty thirty. in just enough time for this the maker of jeff daniels whisky is feeling the pain of the traits but between the e.u. and the u.s. from foreman has issued a profit warning whiskey is among the american products targeted by brussels regular retaliatory terrorists which includes peanut butter and harley davidson motorcycle swell the e.u. and the u.s. have to clear a cease fire on the ongoing conflict some products will continue to be affected by tariffs until the two trading partners can come to an agreement. if. that's a business update on g.w. thanks for keeping a company. with

. more. than one tree guard international talk show for journalists discuss the topic of the week this week the german city of candidates witnessed street clashes reminiscent of the mob violence is the way to not see what is the root of a mistake that's a topic on quadriga join us. next

on d w. one more. the means. scars from some odd. still tangible. suffering her going. to see the edge by her. they have survived but do they also have a future. i really understand people who say they do want to stay here. but i also admire people who want to stay here and it's who decided to create something. new beginning in peace time more the people making it possible

what needs to happen if tolerance and reconciliation are to stand a chance things is for a lot i don't know if it was once a really difficult complicated because forgiveness reconciliation forgetting they get stuck in your old trying to get. out of darkness cities or. storks september second on g.w. . hello and welcome to quadriga this week germans witnessed street clashes that reminded some of the mob violence that paved the way for the nazis ninety years ago right wing demonstrators rampage through the streets of the eastern city of ten

minutes on sunday.