resuming work on a multi-billion dollar stretch of the belgian road project at a reduced price. but time to do business asia i want to get jones and willand good to have you with us was starting with news from japanese carmaker nissan the company says it will slash well over 12000 jobs and cut production capacity by 10 percent in the next 3 years the news comes as news on announces a 95 percent drop in 1st quarter profits. if you work for a news sign you've a parish a one in 10 chance of getting this stock the scale of the cuts of reflection of just how much trouble this carmaker is in. part of it in terms of human resources we've already slashed 6400 jobs as part of an effort to reduce costs. and by pushing this effort further it will

eventually cause a total of $12500.00 positions. you could do this. so why the doom and gloom a number of factors are at play for one there are global issues an economic slowdown in china uncertainty surrounding brac there's the race to drive new technologies the crackdown on diesel continues. but there are home grown problems too mainly concerning this man car last grown the former nissan chairman has been embroiled in a downhill which has seen him accused of financial misconduct. the case has caused a further dent in an already shaky alliance with french carmaker ran no and japan's mitsubishi. between rising economic uncertainty and strained relationships nissan's workers are now bracing for news of who has to hasn't made the costs. the european central bank has kept interest

rates unchanged leaving its benchmark refinancing rates at a historic low hero percent a hotly anticipated decision comes amid an ongoing battle to kickstart growth and race inflation in the euro zone business confidence keeps falling on fears of a slowdown and continuing uncertainty over breaks in the euro rose on the decision after hitting a 2 month slow earlier today. and for more i'm joined by our financial market correspondent chelsea laney in frankfurt chelsea how did these rate decision go down on the floor. i think investors don't really know what to make of this of this decision so the initial reaction was pretty uniformly dovish so we saw stocks rise we saw the euro lower we fell german fund had a new record low but then as mario draghi started to speak sort of the perception

of this change so he declined to give specifics about how much they expected by when they were start quantitative easing he sort of stepped around some of the specific logistics of of what this easing program is going to be and so we've definitely seen a change in the market reaction if you will if you look behind me you can see this huge selloff we've seen in stocks so investors are sort of seeing this is not as dovish as they initially thought and certainly what we see behind you somewhat newer is german business confidence right now we just keeps falling. and marge are he was asked about this several times during his press conference the data out of germany and pretty pretty bad this week we saw a big decline in german manufacturing and also this this fall off in business sentiment but what druggy is saying is that you know we're seeing that we're seeing it especially industrial economies hit pretty hard but we're also seeing you know services hold consumption is holding up and so he's saying we're not we're not

seeing risk that we're not really heading for a session and i think that's sort of weighing on the market here oh well that's good news at least chelsea delaney there reporting from the front that stock exchange thank you so much. and it is the 1st rate cut in turkey since 2016 and it's bigger than expected the techie central bank today decided to lower its key interest rate by 4 and of course if points that takes the country's whopping rate of 4 by 24 percent down to 19.75 percent it's an interesting twist in turkey's monetary policy just over 2 weeks ago turkish president richard type add one fired to the central bank chief because he had refused to follow his demands for no rates well now his successor has complied but what does that mean for the status of tekkies central bank is it independent or just a poor woman who wants power play a question many investors are struggling with from

brand new subway lines to the inauguration of a new bridge across the boss bruce and a gigantic mosque wretch of type everyone is keen to work with supposedly jobs always eager to praise turkey and its economic might. but the country has been experiencing a long term slowdown a major factor has been investors scared off by the country's worsening image on human rights the lira has been on a turbulent ride over the last few years. but everyone hasn't been slow to lay the blame and recently attacked the central bank for failing to lower interest rates. would rise to the 4 years daimler. heard today was a person who was not conforming to instructions given on the subject of monetary policy this mother of all evil cold interest writes. for money we believed the dumb person had to be changed yet thought beautiful most detected. the banks

governor who had repeatedly resisted such instructions was sacked earlier this month his replacements is considered a loyal heir to one supporter it's a move that has added to growing uncertainty on the financial markets. and now to some of the other business stories making the news. facebook shares have been rising in extended trading after it announced forecasts beating 2nd quarter revenues of almost $17000000000.00 this is just hours after u.s. authorities hit the social network with a $5000000000.00 fine over its failure to protect you said data. and tesla has again pushed back to the end of this year its target for reaching profitability elon musk's company reported a 2nd quarter loss of $408000000.00 that was worse than expected an improvement on the previous quarters loss of $700000000.00. it is hot

here in europe germany is in the grip of an extreme heat wave and there's no rain in sight that's a problem for many farmers for them it's just another year of struggling with drought throughout the country farmers are expecting a bad grain harvest in the eastern state of brandenburg just outside of berlin the situation is especially dire. it's hot and dry here in eastern brandenburg and it has been for weeks the farmers don't know harvesting as fast as they can before their crops are ruined they've been at it for more than 12 hours. we have to start early and work as long as possible into the evenings. thim advanced offers a farmer and he isn't pleased this year like last year he estimates his right harvest will be far below average due to the long dry spell the smaller plants can't even be used but. think when the heads may be big but there wasn't enough

water to form the roots there's nothing up there it's empty and that's the problem this year i assume that 30 to 40 percent of the heads are empty and it was like that last year too that makes it even worse when it's not a lot of little. and it's the rye that survive the heat the best he says at the moment it looks even worse for wheat it hasn't affected every farmer but most. will see the weather extremes sooner and stronger in brandenburg it may not be the case in other german states but when it comes to drought we're the 1st to feel the pinch . the farmers here been struggling with extreme weather for years this used to be potato country today the tubers no longer grow in the dry sandy soil here more resistant strains might be the solution when all this in a wheat farmers have to look outwards we have to adapt our past planting goals to the demands we have now and the climate conditions today that means we have to

develop tolerance strains and that's the problem we face to counteract both floods and droughts. it's avoiding too few of us or. if you're talking then doth doesn't want to complain the harvest hasn't been bad everywhere but if the weather in brandenburg continues to worsen they'll need more robust breeds that can adapt to climate change it seems the only way they'll be able to survive. china malaysia resumed construction on a multi-million dollar belgian road train project on the my lai peninsula the project was initially cancelled by the malaysian prime minister who pledged to renegotiate any unfair chinese mega projects that were approved by his predecessor now both sides agreed to proceed with the east coast rail link at reduced cost. fanfare and fireworks in the northern malaysian state of gun of government officials from both china and malaysia celebrate the continued construction on

a rail project after a year long suspension of the endeavor part of beijing's far reaching one belt one route initiative was initially cancelled in 2018 by malaysian prime minister mahathir mohamad who felt that the projects initial price tag was too high the chinese contractor agreed to cut the original cost by a 3rd. newsgroup to be boosted immediately the confidence of the foreign investors in the markets. is especially the chinese investors. jury of the past the 3 months after that according to my observations the a great wave of chinese potential you west us coming to malaysia the new ruling will connect malaysians western coast to poor rural states in the east china's import export bank will be

financing 85 percent of the projects almost $11000000000.00 cost. and a pro the samsung galaxy hold was recalled before it even reached consumers now the green technology company plans to launch its new foldable mobile phone in september samsung has finally gotten the glitches and it's foldable screens under control of the company as revealed which markets will roll out of the fold of the smartphone show away is also developed a smartphone with a foldable screen and like samsung your way is planning its launch in september 2. busy months that's the business asia thanks for watching.

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night and gemini with demi at any time and on any place easing news media event as we have at the level of quite so much to sing along to you that is the combo hooky from super to win seats to act for track and interactive exercises. i have reading is on line file and interactive then german for a free 50 w. . the quiet melody rizzo's michael white of the mood. and did so remains resonate with in its song. the mind and the music. being told in 1st 12019 from september 6th to september 29th.

this is a 15 year old girl. being gang raped. the teacher is beating a boy for talking back and class. for the rest of the class watch as. i'm sure an old nurse been killed by his mother. the breaking up collapse. a child sleeps in the streets because her family through her. fear. online. pushes a teenager over the edge. just because you can see violence against children doesn't mean isn't there make them visible visible. violence against children disappear.

this is deja vu news live from berlin or stocks and wants brussels to reopen the brakes a deal. with a group agreement negotiated by my previous or so has been 3 times rejected by this house its job is on its 6 a bill to this poland and to this country. but he also says he's preparing britain to crash out of the e.u. without a deal we'll get an update from london. also coming up all across europe temperatures are rising.