support for jelly's coming. to the lowest level ever recorded a new poll shows that only one in four people is happy with the methods governing coalition. used to be devaney's kristoff is coming up short you have business news for you including you take a look at market recovery and i want to encourage you to have a look at our web site www dot com buy for now. the. cost of a circus also the subsidies. hundred german streets on g.w. . climate change. waste. pollution

. isn't it time for good news eco africa people and projects that are changing a little farm and for the better it's up to us to make a difference let's explain each other. the political environment magazine. long d.w. . stopping us all global stocks rebound on friday how solid is the recovery and get the latest from our correspondent on the frankfurt trading full also on the program that of germany's central bank says all tied up there was a man and earth form of the world trade organization is the best way to solve global to. right about and watch out amazon and online retailer in germany is going

fast selling second hand clothes is this the next big thing. i'm christopher kohlberg welcome to the program global stocks have largely recovered following thursday's massive sell off european shares are trading higher with germany's dax up more than one percent and those gains followed a partial recovery across asia hong kong's hang seng index surged more than two percent and the market in shanghai was up almost one percent among the issues that have been weighing on investors' minds are the prospect of more interest rate hikes in the united states and the trade dispute between the u.s. and china. now for more let's go straight over to the frankfurt stock exchange on our correspondent conrad bosun conrad this looks like a small and short correction is it over. yes for the moment the correction is

taking a break as the mood here on the frankfurt trading floor is pretty upbeat also because we saw the second biggest i.p.o. this year here in germany today. the name of the company it's a producer of brakes and steering systems for trucks and for railway trains and this i.p.o. went pretty well today here despite the fact that the four billion euros that this i.p.o. is raising are not being invested in the company. the owner of the company is cashing in he the old man did not manage to talk with his family and find a solution with his son in terms of succession so mr teela brought his company public and wants it to be listed and here at the exchange and controlled by the financial markets an idea that people on the financial markets really like cannot bruising reporting on the second largest german i.p.o.

to hit the frankfurt trading floor this year conrad thank you so much for the trade dispute between the u.s. and china could become even more severe figures show that china's trade surplus with the u.s. has hit a record high that's despite the partial introduction of us tariffs on two hundred billion dollars worth of chinese goods on the month of september china exported thirty four billion dollars more goods to the united states than important. earlier our correspondent spoke with at the meeting and said resolving trade disputes would be easier if the world trade organization was reformed. it's about month speaking about the biggest risks currently to the global economy growing number of analysts is mentioning debt and currency devaluation problem in emerging markets. you yourself said that. examples like argentina and turkey very specific and you don't see a big danger of contagion why is that well the first thing i said is that of course

one of the major risks surrounding our outlook is an escalation of the trade war there are some positive signs though with respect to the trade negotiations between the u.s. and mexico and canada but on the other hand it is still possible that this conflict between the u.s. and china might might escalate and this is of course a risk that will effect if it realizes the world economy on the other hand there might already now be a contagion effect through uncertainty which we currently don't see the originals in the growth outlook that we have to scratch with the primarily related to revisions of some of the growth growth prospects for specific emerging economies in particular turkey and argentina and the revisions are i would say primarily related to a very specific country specific situation and not to a broader risk that would affect the real world economy and you mentioned trade

conflict between china and the u.s. there are some people suggesting that germany might even profit from this because trade might be sort of we directed to germany what's your take on that well this is a discussion of course that we are also having i don't think that we should rely on both those effects compensating the clearly negative effects of an escalation of the trade war or possible trade war. with the number of trade disputes rising one would assume that a strong will trade body is absolutely vital but there's a growing number of players arguing that the world trade organization in its current fashion is dead how could it possibly be safe what's your take i think you're absolutely right it's key to strengthen the multilateral trade mechanism and that's the w t o but we all agree. that there are issues that have to be

addressed one would be for instance the protection of intellectual property rights but also addressing overcapacity in isms and not to resort to bilateral isn't and on trump's eyes the major bone of contention remains germany's large trade surplus which is still up hold that this surplus is mainly due to energy prices foreign exchange rates and the quality of german products as you have argued before so is there no need for germany to move at all this is a bit of a simplification of my position of course i mean the point i've made before was that it's key to look whether the trade balance is a result of trade distortions of market distortions or not and in the case of germany i don't see these distortions basically the current account is the result of numerous millions of individual decisions especially of course the investment

saving balance and then there's a discussion to be to be helt i mean the question is how can we strengthen investment in germany on market based on the market mechanisms and of course public infrastructure also plays a role in this context and this is currently discussed within the government and there are also decisions taken of the suspect so weightman thank you very much for talking to w. thank you very much i was our correspondent from around there speaking with us vitamin b. . head of germany's going to speak. several high profile business leaders all reviewing their ties with saudi arabia and light of the controversy over the missing journalist jamal khashoggi now the head of ride sharing company cars were shot he has pulled out of an intervention international investor conference due to take place in the saudi capital riyadh later this month before british billionaire richard branson said he was suspending two directorships linked to tourism projects

in saudi arabia mr branson also announced he'd put discussions on hold over plans to invest one billion dollars in a salty space over the global high fashion industry is scrambling to respond to the charges of the waste and unsustainability in its production and marketing operations here in germany there is a company which is growing fast by offering secondhand clothes online trend researchers say it could be the beginning of an anti-fashion revolution which would also be good for the planet. of business shirt or maybe other light jacket with these items have in common is that they're both being sold secondhand online retailer moments has one of its locations in the town of noyon haagen near berlin the company's buying garments for its new yuba brand you won't find cheap castoffs here nor will you find high priced designer clothing these are the classic

brands they're photographed stored and quickly resold moma says hoping that more and more people want to buy a used clothing. now i'm not close but maybe other things. well i just care some disease i didn't know they did some chemical cleaning well i have a. biggest i want my clothes like new. york i've never tried it and i'm not. on. the yuba brand just still new until recently the company traded exclusively used c.d.'s d.v.d.'s and books but aren't they actually phase out items in times of streaming services and video on demand and. every day several thousand customers buy things like c.d.'s from us right now and the great thing is that this kind of business is growing

every year we're not shrinking at all we're growing besides million haagen moment says locations in leipzig berlin and in poland consumers are happy to get rid of their used things or buy other used items cheaply trend researcher page of amman is convinced that the secondhand clothing business has a great feature. i think people are rethinking secondhand clothing today's culture promotes it it's the sharing idea you don't have to buy everything new it's the fashionable idea of vintage and possibilities to make styles and of course it's the economic aspect of getting things as cheaply as possible. because the price for the second hand is expanding out of its niche market and becoming socially acceptable. swedish furniture group ikea is currently testing the repurchase of its furniture in individual stores if you no longer want

your old furniture you can return it and get a voucher for other products. the returns are then resold with special labeling ikea hasn't determined yet whether it will actually widen its strategy to germany. share that's the message here that wraps up our program if you want more i can highly recommend our social media feeds to your friend al from me and their entire team here in berlin thanks for the company we're after the for. the to the to. move. to. the to. the to. the to the to the

to. the to. take off my job. we once know which is the best book i make and this time t. w.'s are moving checks out space and super successful and began to out the cups freestyler vs full color concepts to freestyle or say summarizing bones is legal stuff who knows the better for your skills the folks. on the phone. international talk show journalists discuss the topic of the week should make weekend in german politics the people of the very go to the polls in an. election and they and

reshape german politics at the national level find out how. much reagan. sixty minutes on d w. great yourself with d w's interior design channel on. every journey begins with the first step and every language but the first word i'm going to conclude nico is in germany to find german. but. why not learn with him for. it's simple mind on your mobile

and free. t.w. he learned in course nikos week german made easy. yes yes yes. i'm on a mission a young man with a fancy footwork is on a mission.