near for germany's wine producers their head office will have more on that story and all your business headlines coming right up after a short break. let. me take a look at a bit of. that a little later. on this tour listening to read. the fine against illegal logging. david. against goliath the time for me to tell everyone what's going on the fight courageous activists

there gemstone my geo conant. responses on the matter because a lot of the authors and on the net. but who will know. the borneo case starts october ninth on g.w. . it's a bumper year for germany's crop of grapes the hot some of the event was the biggest august in two decades so there will be plenty of riesling and gone so this yeah bought when it tastes good. and it's make or break time for the brazilian economy sluggish growth investor mistrust and a population that has lost faith in its government and business elite all that ahead of this weekend's parliamentary elections. this is the w.

business as well come on now here's some great news for all investors and fine wine out that germany's twenty eighteen went it will go down in the history books according to the country's been the dry and usually hot summer was good for grapes witness expecting of the total harvest to be almost eleven million heck to legions that makes it the largest harvest in almost twenty years for the german wine and. it's not just the volume that's record breaking the quality is expected to be also especially high due to the warm sun sunny summer weather that continued for weeks on it to consumers and the forwards of fruity well rounded whites and full bodied collared reds. before our one of those want to talk to a german his from the german wine institute and joins us now from mines on the banks of the river ride the heartland of german riesling was there was

a long dry period not enough rain how is that beneficial for any plant. owner we had to really try some of but the grapes they have roots that go down to ten metres into the earth and we had a fortunately quite wet winter so the grapes could get these water reserves and yes we have really exceptional and quality this year how does that go together yield and quality good. yes this is for the experts quite astonishing that the grapes could get so that's not that much water. we had especially due to the driver the very very healthy grapes and ripe grapes which is very important for the aroma and the color of the grate

and the winds afterwards so a lot has been said about the warm summer being down to climate change so what do you say is is germany is german wind benefiting from climate change. and yes german wine makers are still the winner of the climate change. climate change also brings threats like. extremes. the winemakers still handle them and well like this year. we see the extremes will lead to really really good winds so which varieties really benefited from this whether this is just the red sauce or the whites. while the reds benefited especially from the dr because they have very deep color no and that's the white wines they have low acidity so very

friendly for the consumers also. very briefly if you can where do you see the german wine right now do you still have a bad reputation but what about now. while germany is now again among the top producers in the especially the reasoning is the benchmark for this alrighty in the world and we are very happy to be able to supply the export markets with two thousand eight hundred again. especially from the german one instance used thank you very much. welcome thank you and it's not only the german wine that's doing well the german machine building industry is putting in a strong performance as well in august orders rose by seven percent compared to the previous year the main drivers of growth remain industrial customers the bulk of the earnings in the mechanical engineering field continues to come from exports and

that's why the uncertainty surrounding briggs it and worldwide trade conflicts continue to boree parts of the industry two thirds of germany's entrepreneurs say they're pessimistic about the immediate future of the global economy. top a quick check on the markets our financial correspondent christian brit's is tracking things in frankfurt over there paul how's it look at. so after yesterday how the yesterday's holiday when investors were probably making space in their wine cellars for that twenty chairman wine this morning they're playing catch up with the latest news from the u.s. from the previous day where speculation is high about a possible sooner interest rate hike which means people are selling off their stocks banks profited from this and one in particular is doing well and has been doing well now for the past two weeks the newcomer wire card company is new in the

dax it kicked out german big bank command spunk. last week and has been performing well the stock is nearing two hundred euro's per share her share it gained over fifteen years per share in that time so yeah the company focusing on mobile payments and electronic payments doing a pretty good job for now biggest loser today is continental the car supplier after a french bank pointed out that the expectations among car suppliers for growth are at about twenty two percent where it's car makers are only five percent something's not right here so car suppliers suffering today focused employers thank you very much what is it that. italy is projecting is g.d.p. growth will come in at one point six percent that's higher than analysts projects and that gives the italian government the confidence to stick to its plan to run amok lehi

a budget deficit causing war isn't brussels but rome is the populace government has to keep a series of expenses brought mrs. oh of course. italy's labor minister had a simple message for voters tuning in to his live stream and i mean if that was it it might already have kept our promises if anything i mean this budget law will include the citizens income the citizens pensions compensation for people who have been cheated by the banks that's something we've never forgotten about that bank account of my do you mean. the book room is backing off its plans to triple its budget deficit beyond twenty twenty currently the italian government plans on running a budget deficit of two point four percent next year before slowly starting to reduce it. the compromise attempts to square the circle between the populist government's campaign promises including expensive tax cuts expanded welfare and

pension reform and investor fears about rome solvent see. we had announced that this would have been a serious responsible and also courageous budget. that we show courage particularly for twenty nineteen. because we think that our country needs a budget low that strongly stimulates growth. a strong growth that will be based on a very significant investment plan well to see if you get the word business. the ball is now in parliament's court it will have to review the government's plans before forwarding them on to brussels for review meaning the next showdown between rome and the european union could already be knocking at the door. voters in brazil had to the polls this weekend to elect

a new government with the elections coming at a pivotal moment for south america's largest economy the country only recently pulled out of its recession remains plagued by and they make growth investor mistrust and a population that's lost faith in both business and the governments with public debt and unemployment continuing to rise it seems brazilians are facing a long uphill battle. surf sun and beach that's what most people think of when it comes to brazil but take a stroll away from the country's famous beaches and the story for every day brazilians looks much different ugs on a coaster used to work at an international company but then he lost his job and with help wanted ads few and far between he started selling hot meals out of his friend's car. it's involuntary entrepreneurship a common story here. the input here problem of unemployment in brazil was created by that enormous economic crisis that we're currently experiencing. to

survive the crisis people have to reinvent themselves that's what i did. i could stay at home and look for a job sending out cds all the time but with the job market so tight it's difficult so i didn't give up and decided to do my own thing. and jobs are one of the chief concerns for brazilians. with unemployment hovering between twelve and fourteen percent around thirteen million people spend their days at unemployment offices like this one. whoever comes out on top in this month's polling will have their work cut out for them. brazil's public debt has top half of its g.d.p. . worker productivity is at a standstill and both investors and local officials have lost confidence in the government's ability to pay its debts. the world's most expensive bottle of whisky described by experts as the holy grail has been sold for

almost a million euros at an auction callen valero a downy and. edinburgh by it was a private collector from asia was he was bottled in nine hundred eighty six having been stored in a vat for sixty years before that only twelve bottles of the vintage whisky were produced it's not known how many of them still around. mysterious on my test is that and that's it you're up to date with this for the world of business for more to head to a website thank you very much for watching. rights

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small feeds in my columns. when i come for rajoy remains an important on soft promise meeting new ones and for miche and when i was young my country was wrong in. the war trabant people most people want gods of entourage to see. it was my job to turin one of the lot of just say so as not everyone in the column. and listen to his updates. housman from inside my own car he had enjoyed nothing more somber along even if nothing else i was hit with all.

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