how. is the we're really getting better in. a global $3000.00 special reports. starts august 19th sunday to the. markets tumbled around the world and disappointing figures from germany as fears of a recession grow could berlin come to the rescue with a stimulus package also comes after a shock election loss prompted a massive selloff all genius president says he's taking the sting out of the austerity and without it soccer just wouldn't be the same business behind the football. i'm chris covert welcome to the program as investors around the world sell their shares on fears of

a recession here in germany the focus is turning to fiscal policy after years of solid growth and a commitment to a balanced budget calls are not growing on the government to boost spending to stimulate economic growth or mars problemi is facing a number of long term challenges including lack of digital infrastructure and an aging population and an expensive commitment to switching to renewable energy. let's get more on the story now with our financial correspondent and that device in frankfurt and that investors are spooked the dow saw its biggest drop of the year on wednesday major asian markets also trading substantially lower this morning how big a role did germany play in this global selloff. well actually if you look at the direct market reaction when the g.d.p. data came out there was not so marked off in the reaction because a lot of people are that was widely expect that germany's economy is going to

contract in the 2nd quarter and it is more fitting into the overall picture i guess which then has spooked investors as well as the fears a recession which then they will screen when the bond market. gets shortly into inverted territory inverted territory is spam the short term and the long term and so the trace and the short term is trading higher than the long term and that is an indicator that also the u.s. economy is as risk for recession that has spooked investors has so has triggered the major selloff on wall street so this whole global fear of things going downhill is not to be expected that after a 10 year expansion of the global economy has to cool down cindy the question is why it is cooling down is it because there are is like the natural cycle or is it because protectionism is interfering in our idea of

a globalized road and hampering growth prospectus for the companies and also the question is how fast is that's happening because what we have seen in the last yeah almost is that things are moving very fast just last year towards the end of last year there was this massive selloff which came as a shock us well to everybody because that was also triggered by the bond market and it came really a promptly upon the markets and this yeah we're seeing that with economic indicators they're going down very very fast in a way and also for the mock reactions global fears of a recession another rise from frankfurt thank you for insight. one of the trade spats that have the world economy worried has been between japan and south korea triggered in part by korean anger over what it saw as japan's failure to

acknowledge its actions during world war 2 now on the anniversary of japan's surrender south korean president roh moo j n has offered an olive branch to 2 of their calling for a wide ranging dialogue while the concept is what it was that brought misfortune to its neighboring countries. you know you're going to. you in order to get it in we call it we hope that your pan will play a leading role together in facilitating peace and prosperity in east asia while it contemplates a past that brought misfortune to its neighboring countries. cannot be a pen or you're going to target japan chooses the path of dialogue and cooperation we will gladly join hands you often don't go from our own. south korea's president speaking there now after losing in an election primary argentina's president mary somare says his thinking is step back from a strict austerity program and offering salary hikes and tax cuts the question now

will it convince voters and could its international investors i'm president mccree who lost the primary election last weekend now wants to increase his chances of winning the next elections i was cutting income taxes increasing subsidies for social programs and implementing a temporary fuel price freeze. so maybe if there are measures that will bring relief to 17000000 workers and their families and to all small and medium sized businesses that i know are going through a moment of great uncertainty. on buenos aires streets the reactions to mockeries measures are mixed but most agree they should have been taken earlier . it's not enough it's just not enough on top of that our trust has been betrayed these are temporary measures at the present and money just to win with these measures what's going to happen next year really betrays again. i think it's good that he announces these measures and remembers the people the voters voted for him

despite the difficult situation in the country. and if you see. here i do think there are a lot of people who decide at the last minute who they want to vote for. i don't know you know we are. the most. landslide victory by popular subeditor fernandez has investors worried they're afraid he'll try to renegotiate argentina's debt with the i.m.f. and the country could lose the trust of international creditors again. he said. on monday the stock market tumbled and the peso was dropped against the dollar but mockeries announcement on wednesday has done little to car markets investors could already be pricing in a default. no there is a lot to like about finance are easy to take along you don't have to wash them and they can really show your hunger was boss bananas are big business as well levelly

heard of millions of farmers mostly in asia and central america depends on it the banana is the world's most popular fruit we eat $100000000000.00 of them every year there are many varieties but the cavendish is the most popular 195 percent of all exported bananas are cavendish and that is becoming a problem because there is a fungus known as the panama disease which attacks exclusively bananas of the cavendish variety it was swept through asia and it is spreading a 170 hector section of columbia's banana crop has now been contaminated. the lethal fungus devastates banana plantations to fuse area morgan ism has already destroyed crops in asia now it's in latin america says presence of the fused area and fungus continues to be contained in the like watch euro area on $175.00 hectors 6 banana plantations are affected it's. colombia has declared

a national emergency on the country's agricultural institute has launched a nationwide effort to increase on a 3 controls containers the arrival of the fungus in latin america the world's largest exporter of bananas is a major threat colombia's one of the world's leading but on a exporters after ecuador costa rica hung jury panama and guatemala. most of the bananas sold in western supermarkets are of the cavendish variety which have traditionally produced a solid under easy to transport as a result they've become somewhat of an export sensation. but because of mass cultivation of this one kind of phenomena many plantations lack genetic diversity diminishing the chances of a strain that is resistant to the disease that has led many farmers to fear for their livelihoods in columbia alone banana plantations occupy some $50000.00 hectares the country exports some $100000000.00 boxes of the manually at

a value of $860000000.00 tens of thousands of jobs rely on the industry. not germany's soccer season is about to get on the way with the bundesliga as giants preparing to do battle on the pitch and the turf needs to endure a lot daily mowen watering simply isn't enough sometimes it needs to be replaced completely that's when the product of a german family business comes into play since the 1970 s. they've been producing a special roll out turf. purrfect soccer pitches don't grow over nice this one took about a year to cultivate here on the german dutch border with that sandy soil close to ground water level the conditions are ideal. the pitch needs to be tended to almost daily.

the strips will be mown some 100 times before harvesting they also get water 10 to 12 times by then and there have been fertilize 6 or 7 times along with other measures like combing the touching and vacuuming. the grass needs more water in hot summers it's 30 degrees here today so the turf needs to be harvested and dispatched rapidly as a living organism it won't last too long wrapped in plastic in the back of the. main stress for the charge it can generate enormous he's itself when it's rolled up like this can reach temperatures of over 60 or 70 degrees and that can ruin it all . this time everything has gone smoothly and the turf arrives in cologne stadium in good shape. $124.00 rolls of us each one weighing a ton. some stadiums replace their entire pitches several times in

a season especially when they take an extra hammering from other events i'm connected with football. stadium caters to a lot of outside events once upon a time they were only there for soccer today they host concerts car racing boxing matches anything at all and that means a technology to be developed which enable to stadium to revert to soccer again within a short space of time following a concert colone did once money to make a pitch last a full 2 years individual patches which take a heavy battering like in the goalmouth can be replaced separately graham's keepers worry far more about his extreme weather events you find. the biggest enemy is definitely terentia precipitation beers and solid or liquid form which we talk about 100 year storms and when something like that comes down to the vent or just

before the place is enormous demands on a sporting venue. it takes only a day to lay the new pitch in cologne then it's mode air and water it ready for its 1st pounding. thank. you are pretty excited about the bundesliga kicking off its fresh season on friday night that wraps up this edition of the dollar business from or you can always go ahead and check out a web site of d w dot com on physical world of infamy and the entire team thanks much.

i'm scared that the fire more. than in the end is a me you're not allowed to stay here any more than was injured that. are you familiar with this. with the smugglers would lie and say. what's your story ready. i mean when i was a women especially in victims of violence and take part and send us your story we

are trying in all ways to understand this new culture. are not a visitor. you want to become a citizen. in for migrants your platform for reliable information. hello and welcome to the latest edition of arts and culture a legendary opera singer placido domingo faces allegations of sexual harassment we'll get more on that story and also coming up on today's program. in our series the british capital london has many famous landmark but that's our bridge. director general hein voice i do you feel joined me in the studio to talk about his

legacy there and his future plans. well his one of the most celebrated personalities in our press had a and now spanish tenor placidyl domingo has seen his name added to a growing list of powerful men accused of sexual misconduct 9 women say they were sexually harassed by domingo as far back as the 1980 s. and they say his behavior was an open secret in the industry for many years. he's considered one of the most powerful and celebrated singers in the world of opera but. soaring 10 of voice is now said to have long been accompanied by a story surrounding his treatment of.