let's face it it's probably going to be the biggest mistake in human history. artificial intelligence is now spreading through our society. will experts be able to agree on ethical guidelines or will this technology create deadly new autonomous weapon systems. all robot collapse north caucasus fourteenth's on d w. w. europe's economic engine is sputtering german economists warn over recession as trade wars escalate and economic data disappoint. also on the show of bright that can get in between bricks and are vacant. and melting ice bergs become so cold the glacier water for the rich and thirsty. this is the w.

business i'm joined now on in berlin welcome experts say europe's biggest economy could already be in recession the big german engineering firms car makers and suppliers are all in crisis hit by profit downturns a lot of companies are cutting jobs or reducing hours it raises the risks of a global slowdown europe's economic motor may be running out of gas would a mode of supply a continentals net profit slumped 41 percent in the 2nd quarter and the company has announced plans to shut down an entire factory. competitors shiflet and bush also lowered their earnings expectations and said the stuff would have to be let go falling demand is hurting steel companies like sun corp to the company is bracing for a loss this year. and exporters are feeling the squeeze from the u.s. side no trade war and brics it worries for economists the signs are clear germany

is heading towards a recession overall industrial output in june this year was down one and a half percent compared to money that was a far bigger drop than analysts had been forecasting compared to june of last year it was an even greater fall 5.2 percent the biggest decline since the financial crisis broke a decade ago industrial output is expected to drop food in the next 3 months. the trade spat between the u.s. and china is only getting worse but some reprieve on the economic front as beijing pulled this out of its chinese exports rose 3 and a 3rd percent last month on the same month last year analysts had predicted a fall given the trade war but china's imports from the u.s. did decline 19 percent year on year and china is no longer america's top trading partner it's now below mexico and canada. our financial correspondent

yes car that joins us now from new york a welcome yes so just how are these export numbers from china being viewed on wall street. well for now there was a huge relief when we got those data and if you look at the comeback came here on wall street at the low of the session on when stayed until the end of the session here on thursday the dollar jones industrial average gained about almost $1000.00 points and the value of the big question is what those numbers are really worth of it they got published for the month of july so that was really before us so donald trump announced that he would like to increase tariffs on the $300000000000.00 worth of imports from china by september 1 but at least for for now there was a little bit of good news from the economic front and therefore we saw

a huge comeback here on wall street numbers with a grain of salt but wall street is taking what it can get stay where you are young because there's more market moving used to chat about and right healing service has set a record but probably not the kind it wants it posted a loss of $5200000000.00 for the 2nd quarter its deepest reported so far as a revenue rose up 14 percent on the year to $3100000000.00 its lowest quarterly growth rate the company has struggled to overtake concerns it would ever make money . and it's back to court on wall street yes are you there we should see you and just i mean i meant but hello yes how are investors reacting to those numbers from hooper they're not great either. well i mean ober is facing a couple of battles all over the glade with regulators with competitors

with drivers and those numbers clearly were worse than expected in an initial reaction and after hours trading the stock dropped by as much as 10 per cent that then after a c.e.o. spoke and was kind of upbeat that at some point he's convinced over might become profitable we did see some of the losses narrowing down a bit so clearly no good number spot overall it's wall street still seems to be well not certain but he's a certain chop that over can be profitable eventually but the stock also clearly trades below its i.p.o. price when over became public here on wall street by early. investors riding a hopeful wave thank you very much chance carter there in new york for us at

the end of october britain is set to leave the european union with or without a formal departure arrangement with the e.u. a so-called new deal frags it would cause major disruptions to travel in trade causing food shortages and raising food prices by as much as 10 percent here its largest part producer has said supermarkets could struggle to stock their shops. in normal times britain since pigs would end up on british dinner plates. harrods produced beacon beloved by brits but these are normal times the growing chances of a new deal breaks it has left utopian farmers like her fearing for their futures. i am a little worried but. we have had 3 years to get into this so i think we are well that we have made a very special product for them for the u.k. market i think it will be very sad if. you cannot sell it for an english man and

a man anymore. at the danish crime processing plant they're preparing meat for the global market the company is the largest pork exporter on earth which is handy as the bleak forecast is forcing bosses to search for new markets elsewhere because we need to look at the. at turn to because if you look at the rhetoric coming out of. the british from the british government then it's to a diet and for british consumers it isn't any better more expensive products. could mean empty shelves quite possibly it's not just food as much as half of the free trade crossing the english channel is expected to face disruptions the u.k. government is warning people to brace for shortages of medicine and other vital supplies. back at the pick farm however the prime minister boris johnson's do or

die approach may yet find snorts of approval. now to some of the other business stories making news samsung has unveiled its new galaxy note smartphone it hopes it will fall back some of the i phones market share of the south korean company is squeezing more battery life into its latest devices by scrapping the headphone jack something that mocked competitors for doing. sprinted to strong profit growth in the 2nd quarter earning over half a 1000000000 euros but sales grew less than expected sending its shares down the sportswear maker says its biggest problem is overcoming supply chain bottlenecks to meet demand in north america. italy has been cruise ships from entering venice residents have long complained the one and a half 1000000 tourists are arriving on cruises every year create congestion rubbish and spend too little on the businesses following a collision in june when the liner struck

a boat the italian government says it will now recruit ships away from the historic city. as the world is getting hotter more of the world's polar ice is melting where some see a climate catastrophe others see a business opportunity take a look. yes that's an iceberg and this is how edward keene now makes his money the 60 year old canadian fisherman hunts ice that's. to the north and drifted south to warmer waters his team breaks the giant pot sometimes with the help of a rifle fishes them out of the water and holds them into the a boat where they're thrown into a container to melt all for this bottled water welcome to the profitable side of climate change with the arctic swarming waters come new opportunities for the business minded in canada and not just for bottling more tourists are flocking to iceberg once frozen corridors are now opening giving visitors the chance to reflect

soberly on the revenues of climate change. the region is benefiting from the boom which has helped to offset the decline in the area's traditional fishing industry part of the newfoundland and labrador coast has even renamed itself the iceberg corridor or keep getting better every year we got to tour buses coming here now if you can see behind you there but we decided to have us come in i would get under 3540 tour buses you know with older people coming into town every every season so. back on cain's boat he's got a hole to deliver he can collect as much as 800000 liters from may to july which he'll sell locally for a dollar a liter the same water will be sold again eventually fetching as much as $12.00 a bottle target market luxury shoppers in europe and the middle east keane is philosophical about his role. going to 3 weeks. naturally

back to a jury. so we're here for our climate change appears to be unstoppable modest will make a little money in the process. and speaking of climate change and money could the battle to save the planet be prompting germany to review a. frugal fiscal policy a senior official is reported as saying the government may ditch its much cherished balance budget to fund an expensive climate protection program for years strong growth and high employment have allowed at berlin to boost public spending without taking on fresh debt but shifting away from fossil fuels will cost some 37000000000 euros meaning germany might have to enter budget deficit territory after all. that's a business update thanks for watching. the

world is getting more some. more concise tributes from. the global $3000.00 talks would seem british researchers to take a more optimistic view. the world is not always a good critics but it's much much better than one out. is the really getting better

. a global $3000.00 special report. starts august 19th some deep doo doo. welcome to the euro max you tube channel. goodbye no story. with exclusive. the must see concerning parts culture to ensure a. place to be for curious minds. do it yourself networkers. so subscribers don't miss out. that 77 percent. are younger than. me and me and. a lot of time all boys says. the 77 percent.

from. the classic from housing boom boom time this is a way. welcome to the 77 percent. this weekend t.w. . welcome to news from. a literary focus today also illustrated nor a cruel will join me in the studio to talk about bestselling book and. never seen manuscripts by france kafka for another life.

form a. playwright all of these and with a new album take tempest is creating a story. now this book all belonging in english is an illustrated memoir written nor a crook and covers a subject have been preoccupied with full over 70 years the da past of the nazi era what it is to be german today knowing that past generations were responsible for the holocaust has traced her own family history and discovered unpleasant truths i'll be talking to in just a moment. illustrator lives in brooklyn new york she left germany 16 years ago but she hasn't fully left her homeland behind it was here that she really began to grapple with the question of what it means to be.