call to the. free trade agreement on less brazil take action to protect the amazon forest. and after the 2 are usually dropped in action and were determined to bring something new to the next generation the ideas the environment series of global $3000.00 on t.w. and on. hong kong is one of the biggest centers for banking and finance in asia with huge numbers of accountants to match now they've become the latest profession to back the pro-democracy movement alongside noirs teachers and medical workers. also coming up ireland warns it will boycott of the. free trade agreement on less than brazil takes action to protect the amazon forest. and after 2 on usually dry summers and bad harvests farmers in central europe have to adapt their

methods. have to do business asia and then thanks for joining us and we're starting with the latest events in hong kong where shares ended the week with a healthy rise despite the ongoing protests investors it seems were more interested in the upcoming speech by u.s. federal reserve chairman jerome powell later today than the current tensions with mainland china now others in hong kong's financial sector however felt it is time to take a stand and make their voices heard they usually spend their days combing through numbers and balance sheets but today thousands of accountants hit the streets of hong kong in a show of solidarity with anti-government protesters. it's always as a law that you i believe that most of the people in the accounting industry have been silent and quiet as we need to get the number right as an accountant but today we can't stand by and watch anymore as we've been waiting for the government's

response for the past 2 months. the series of demonstrations began in protest against a draft law that would have made it easier to extradite suspected criminals to the chinese mainland the autonomy's region's head of government has said the bill is now dead but the marches have continued with the protesters demanding its formal withdrawal the accountants say they have good reason to join the demonstrations the account is one of the profession which would be very much affected by the bill if it were passed so i do think the profession as a whole need to come out and express their concerns and grievances officially though the major accounting firms that employ them continue to toe the line with the chinese government in beijing in interviews with state television companies have distanced themselves from the protests moments ago sound on we know that hong kong is an inalienable part of china no one can ignore that fact even why has

always supported the one country 2 system approaches as well as hong kong's constitution says we are against any type of illegal action as well as any form of violence from the demonstrators are now also demanding an independent investigation of police deployments in earlier protests. earlier today i caught up with max sang line he's head of program economic research at the merrick's nakata institute for china studies here in berlin and he's just returned from hong kong to brief german media about the economic fallout from the unrest there i asked him if hong kong is running the risk of losing its appeal to international investors. hong kong as a global financial center has already taken damage and this in particular is not so much from the protests itself but from china's reaction to the protests the political pressure that was put on companies such as cathay pacific are part of the

political influencing of companies and as a global financial center it is essential to remain or have free capital controls obviously but also have a functioning rule of law in this interference in influencing political influencing of companies is eroding some of the essential institutional foundations necessary to have a global financial center that is this part of china's strategy is that it is interest to make hong kong less appealing it should not be in its economic interest it is vital for hong kong to operate as a gateway to global financial markets rest of china has capital controls in place and as chinese companies are increasingly internationally active it is vital to have a functioning international global financial place nevertheless as you mentioned china is putting pressure on business also international business and some have caved in already what exactly is beijing willing to do to companies that are not

complying other really willing to cut ties with even big players or individual companies are not in a good position to react much to chinese demands to counter chinese demands most of the companies have economic interests in china in the companies will be very cautious not to threaten their businesses in china itself and of course a lot of german companies are also operating in china i think the number something like 6 or 700 different companies there you've just returned from hong kong what would be your advise what do they have to prepare for. they will need to prepare that hong kong. economic autonomy is increasingly being eroded and the world this special status that hong kong has also for global international companies is is changing in a manner that they are becoming or hong kong is becoming increasingly like just any other chinese city but of course hong kong so far has this special status and this

one country 2 systems status is due to end in 2047 that still some time is beijing speeding things up i think the latest developments are certainly efforts to accelerate this process but it should also be clear that one country 2 systems was never a status quo it was a fluid process and china has over the past years are very trying to influence and to apply its own interests in hong kong i think this is something that now is a reality many are just waking up to the next segment thank you so much free time. the forest fires in brazil could also set of a trade agreement between the e.u. and the course or countries ablaze ireland says it will block the deal unless brazil takes action to protect the amazon rain forest irish prime minister says there would be quote no way that ireland will vote for the e.u.

no causal free trade agreement if brazil does not honor its environmental commitments. on its gets a market reaction there from our financial market correspondent when i listen in frankfurt i lent threatening there the ilmor of course our trade deal what is at stake. well what's at stake is the largest common market the largest free trade zone of this world combining or bringing together $780000000.00 citizens or consumers and the 2 sides combine america's sore in latin america and the your european union have a combined g.d.p. of around about 18 trillion euros but that's only the numbers of course the political importance of this deal is much higher in times where america plays america 1st the medical soar and e.u.

deal sort of showed that a multilateral approach that has. the benefit of all sides is feasible another topic which of course affects a lot of sides not only brazil is the wildfires in the amazon in the rain forest their president back home who's hosting the g. 7 summit is convinced that this affects all of us its effects with the world climate and of course our economies and that's why the world's leading industrial nations of the g 7 should talk about them and deal with them and tackle them they have a lot to talk about i believe because another important topic at the g 7 is the u.s. china trade war and there has been a new development. yes this afternoon we got flash news reports out from china that it's planning retaliation against the united states in form of new tariffs on $5000.00 more you as products worth $75000000000.00 u.s.

dollars this cause the german share index stacks here to plunge from the positive side into negative territory and of course it sort of reminded everyone that the 2 biggest players coming to the g. 7 summit r g g g g g m ping and donald trump and that trade topic will be the most important one i'm afraid you're right they're going to add was in the reporting for us from frankfurt thank you so much. less staying here in europe the unusually dry weather has hit pharmacy hot in spain italy poland and the baltic states a corn harvest used to feed livestock was worst affected pharmacy beginning to adapt to their methods that after 2 summers marked by drought. on warm days great lakes gives his cattle a cooling shower he knows that if the cows get too hot they produce less milk he's

also worried about being able to feed his entire herd this year's harvest is so meager that friedrichs will have to sell some of his 300 cows. just to get his own i have to find a short term solution which means 30 to 40 animals and i have to do something about the feed situation it's the only way to react quickly and that's assess isis of us why it's nearly. friedrichs is expecting a disappointing harvest from the ground just bone dry and there's been little rain since the so the fields. the corn stalks are not as tall as in previous years but what matters most is the cob which in some cases hasn't grown at all if there is one it's very small the whole new approach to tackling drought is to treat the corn green fee for sowing and to arm it against a lack of precipitation with a bluish layer that binds the moisture to the seed. over time the protective layer then biodegrades in the soil without leaving any residue the

coated seed is new to the market organic farmer close him to the house has been testing it for the past 3 years and this satisfied with this year's corn harvest. you do you think of this sooner they start growing the better the root development they grow really deep and that ensures that the plant doesn't travel up when there's a temporary drought they can survive longer. talking is one of them if i think i go ahead he makes things the coated seeds could boost his yield by at least 5 percent enough to feed all of his 100 cattle you definitely buy the more expensive seeds in the future. this is my side is not on the monthly income you have to do whatever you can. and if goods you can. keyser the price is still affordable cost of the special coating costs around $20.00 euros for hector. doesn't cost any increase in harvest will be worth it yes going to. spend on the other hand is like most farmers

in germany he feeds his livestock rapeseed meal concentrated feed as a corn substitute that costs an extra $65000.00 euros a year he can only afford to do that one more summer reducing is stuck further is not the solution this summer there are around $300000.00 fewer cattle in germany than a year ago so it's clear farmers will have to make substantial adjustments to adapt to climate change. as your business update here and for me in the team thanks so much.

cisco india. is maybe life presidents of a small village in russia past and found 111 tree is putting every coal. on it they value in a male dominated society. a very special celebration of life. 30 minutes don't. know that 77 percent. are younger than 6 o'clock. that's me and me and you. can't you know what time of voices. on the 77 percent talk about the issue up. front policy clash

from housing boom boom town this is where. welcome to the 77 percent. this weekend g.w. . was losing people fight for civil liberties and a mum when there's a flood water comes up doorways close fast and everyone but. the why go for her is equally dangerous. keep people not south so they can plant crops and find new. floods and droughts climate change become the main driver of mass migration. you can write any appeal going to be smart if you want to and probably more typical of. climate exodus starts september 5th on g.w.

. this is d w news live from but it now has the amazon fires in brazil rage out of control an international dispute and no action brazil's president accuses france's a man un mccall's of being a colonial at least for saying that the blazes should be treated as an international crisis look at what's behind the record number of fires in the amazon also coming up security is ramped up in the southern french city of baghdad it's a head of the g. 7 summit while the just meeting that say they will focus on the fun.