able to provide for people by 2050 if we can make crops grow and send the arid conditions this will lead to a much greater stability in the food supply that we have at the moment. is dead averse germany about to borrow to stimulate its economy all street thinks so and it ended a wild week with the gains but don't count out market pessimism we'll talk to our correspondent. and one of germany's best known brands turns 70 show you what a long profitable journey it's been for us. this is your business report i'm stephen beers in berlin thanks for joining us stocks on wall street climbed friday as investors look to end a turbulent week on

a positive note the dow jones industrial average ending the day up by just over one percent report that germany is open to an economic stimulus package helped bring buyers back to the market it appears the berlin government is willing to suspend its balanced budget rule and take on debt investors hope that europe's largest economy can steer itself away from recession. and let's go now to our financial correspondent in new york jose luis to horo was a good to see there so say every everyone's watching germany here why is everyone watching germany why are investors so interested in german fiscal policy. well stephen as you mentioned even germany implements any kind of a stimulus that may have boyd a recession or an economy get sick nation at a time that investors a year in wall street see a growing financial will not ability of german households and companies germany is the biggest economy in europe and even if the european central bank will probably

implement a fresh set of the stimulus it's in fact may be limited sense we are already close to that effective lower bound of monetary policy so the possibility of a push from a different school side makes it markets and believe that the current downturn in germany will not morph into a long lasting crisis actually it could also help all the european countries and let's not forget that the e.u. is a key partner of the us actually the us that we has exported goods with $170000000000.00 so far the year until you see is in germany part of exporting goods that go to germany. there was a let's pull back a little bit it's been a volatile week on wall street ups and downs which we make of this. probably that the bullet is here to stay to say as stephen dumble until you do you mention it started over 2 weeks ago as the u.s.

and china trade tensions escalated over dose 2 weeks we saw for the 2 wars trading sessions held this year so far and the key to end still resides on the resolution of the ongoing trade war between the world's 2 biggest economies also what will happen with the trade negotiations with the european union and japan and if the federal reserve will go ahead and cut rates also no deal breaks it will end up materialize in time from all the geopolitical tensions going on like iran north korea hong kong among others as they lose to horo in new york for us thank you. not for sale that's the message for u.s. president donald trump from the people of greenland all 50000 of them reports that the american leader was interested in buying the sparsely populated but resource rich island raised eyebrows drew criticism and even prompt response from governing

denmark this is what the vast majority of greenland looks like expanses of ice cover 80 percent of the world's biggest island but reports suggest president trump in his quest to make america great again as a multiple occasions discussed buying the autonomous danish territory for the u.s. apparently with varying degrees of seriousness there's denmark's prime minister tweeted to say the suggestion could only be an ill timed a proof joke how the danish politicians have been equally dismissive. behind cash out we have a clear deal with greenland is that they decide their future so we clearly can't just sell them to some rich guy in the us if the finale of the air ticket this thing is that there are $50000.00 greenlanders with danish citizenship who suddenly is supposed to be sold what an insult. and the greenland is themselves don't seem any more impressed he could buy anything i guess this is what he thinks he can but . you can't it doesn't feel like he understands. the

reality and it's stupid so why would president trump be interested in buying a place with a population less than a 10th that of washington d.c. where the island is rich in various minerals including coal zinc copper and iron ore or perhaps he thinks it could provide a handy strategic outpost whatever his motivations may or may not be denmark's response suggests he'll have to put the idea on ice. let's take a look at some of the other global business stories making news. general electric's stock rebounded friday after the company's c.e.o. bought nearly 2000000 dollars in shares as well as market analysts speaking out to defend the company's financials shares in the u.s. industrial giant had plummeted thursday afternoon counting expert accused the company of concealing huge losses. steelmaker employees 5000 workers and another

20000 and directly it was put into compulsory liquidation in may when its current owners fail to find new funding. and now to a small town you've likely never heard of in the west of germany after world war 2 u.s. troops were stationed in hopes that environs bach but as the soldiers left entire apartment blocks stood empty until 2 entrepreneurs' came up with an idea building a base in germany for chinese businesses. will one is eager to do business in europe to do it he's moved with this family all the way from the chinese megacity of june to hop staten virus back in southwestern germany population 3 and a half the. first summer her hopes of the worst bar is instead to be google google map it on the google map. you have to assume very very big to see this. provincial backwater no more.

buyers is now home to the headquarters of the world's factories a site with office blocks for 300 chinese companies who are trying to break into european markets with party paraphernalia plastic articles chinese wine or in will long's case medical technology the us supplies most of the equipment for genetics labs in germany will ones company holds only 10 percent of the market but now i can show them their products in china the same machine can do the same scenes which made in china can do like much better work in much cheaper. me see. that's my god. take years ago jane who and under shots came up with the idea of attracting chinese companies to sedate little hop step and virus but their campaign highlights its central position in europe the

countryside for low costs right now they're busy planning another 14 office buildings on the site. nowadays we already have around hundreds units in a future he had the vision we want to help 500002000 now it's a vision i wouldn't describe as megalomania perhaps it contrasts with the region that could well be marked with a line. from the region has changed since the newcomers arrived. you know one in 4 people living here is chinese. and they're popular with the locals. i pass them and greet them politely in they greet me back hello it's an international greeting and it always works. in that they're all relatively financially well off. so they're not bringing any economic problems in with them instead they benefit us economically and. will warm invested 250000

euros in coming to germany even buying this cafe he says the chinese prefer accumulating property rather than paying rent soon he wants to buy his own apartment here because it's also a lot cheaper here than back home. it's one of the most recognizable logos around the globe the 3 stripes of us 70 years ago after a german shoe maker named adi da floor opened his 1st factory his company has become europe's largest sportswear manufacturer today id dos employs 57000 people around the world and generates annual sales of 22000000000 euros the vast majority of it from outside germany a long way indeed from just shoes this is how at a gas sees the future automated digital and fast but this is how it all started in august 1949 open to train a factory with 47 employees within 5 years he was world famous when with the help

of his flat football boots germany performed the miracle of burn and 1954 world cup . to this day addie does still has its headquarters in bavaria but it looks rather different than it did those decades ago the main building looks more like a sports arena sports in the workplace is encouraged and there are no more fixed offices that he'd asked has grown into a global corporation of its 6 board members just 2 were german its c.e.o. is danish and countless international stars have been welcomed into the added us forward such as alpine skier mckayla schifrin gopher sergio garcia and american football arran raja's argentinian football star lynn l. messi is also signed up. however the modern focus is not just sport but lifestyle production mainly happens in asia where it's cheap but 3 years ago the company

shift of some manufacturing back to germany with a fully digitized factory a 2nd has also opened in the u.s. where customers can order shoes in the morning and wear them in the evening. the founder and visionary at a dazzler would surely have taken pleasure in such innovation. thanks watching.

the quiet melody reasons among the light of the. ready risen and when it's. the mind and the music. being told in the 1st wand 2019 from september 6th to september 29th. childred going to. join linked to news from africa and the world or link to exceptional stories and discussions from the news of these events and i would say debbie to

become smart enough to join us on facebook c.w. for. me it's a sex phone operator who works her master's thesis on the potato. to me. i'm not a turn on well it's more words that there was for me on. the tree list determined by st. bernard the little tourist guide century's booming capital i love berlin the scope of the multicultural metropolis in our duramax series. with an intense night like turns in me i love you even once sure it was a switch in the compass way it's like me described as 15 nations of the 50 story. and 50 very personal tips on berlin some very best in terms of.

looking down the firmament every week on t.w. . hi there and a warm welcome to our arts and culture news and before we start with a fantastic news a cool project from south africa let's have a quick look at what else is coming up on today's program. it's flower time in the belgian capital brussels and the famous city hall at the central government club is a walk in. and if you would love to bend it like beckham or you're sure to like the latest film from british director who bring their child out blinded by the light blends a u.k. coming of age story with the music of the far. well

it was in 1998 that peter guy and american double bass player who had moved to south africa started the string project it began with 18 kids from the black townships around and since then hundreds of children from disadvantaged backgrounds have learned to play a string instrument well today the orchestra travels the world and we took in their performance at the festival in western germany. far away from home south africa's bunch of berlin string orchestra plays a piece of music called the nelson.