come to future office 4.0. made in germany 60 minutes. a day you go to the people for over a mention home the fortune for the most recent article about. the bottom of the family. tree used. to agree books on. the u.s. that's terrified almost every product made in china u.s. president donald trump says he's prepared to go even tougher leaving investors wondering how much worse it can get. and break that chaos is turning resilience into a key word and want you to take you to blackpool. this is the the way of business

i'm joined on in berlin welcome more mixed messages from u.s. president donald trump as the latest escalation in his trade war with china continues to weigh on a global market. that the talks with beijing were going well but signaled a much tougher stance should he get reelected in 2020 attention he setting the stage for an even more protracted trade war this follows the expansion of the punitive tariff regime on chinese products over the weekend our correspondent joins us now from wall street where it's the 1st trading day since those latest round of tariffs came into effect so you do tell us what has it been like. well i mean we definitely did see some selling pressure here on wall street more or less everything traded to the downside some technology shares for example as semiconductor makers are affected by the tariffs and the trade disputes between the

2 biggest economies on the planet and just if you look back generally of 2017 when u.s. president took power back then on average china saw tariffs to the u.s. in the amount of an average 3 percent now we have an average tariffs of 21 percent and more tariffs still. actually a 4 by december so certainly an escalation of the trade dispute and did not go well down here on wall street. well i can't imagine but trump has like to point to china's weakening economy as a harbinger of victory in this trade war but some numbers out today suggest that the u.s. is feeling some pain too. there clearly i mean overall the united states is a country that does not depend so much on exports as china does the u.s.

most the actually benefits from a strong consumer market but now we've got some readings from the industry the manufacturing index number from the industry and those data for august fell below the 50 percent mark the 1st time in about 3 years and everything below 50 percent hints at and. that is slowing economic growth especially in the manufacturing area here in the united states and that actually even put some more pressure on stocks. down by almost a 100 points and what we see is that a lot of companies was all the trade uncertainty a lot of those companies are not investing and that actually causes the low down here in this area. not exactly your dictionary definition of a victory thank you very much chance carter there on wall street for us. now to

some of the other global business stories making news. wal-mart says it will stop selling ammunition for handguns and some assault assault style rifles and stores the largest u.s. retailer said it took the action following the death of 22 people in a mass shooting in a wal-mart store in texas as well as other recent deadly shootings in the u.s. . apple pay and google pay it could soon be given a brun for their money by european competitors 7 providers are joining forces to form the european mobile payment systems association to build a standardized network across countries it is to raise the popularity of mobile contact contactless transactions. the british pound has fallen to a 3 year low briefly dropping below $1.20 but rebounded after prime minister boris johnson lost his working majority in parliament it strengthened hopes that under

would be a departure was less likely hours earlier british m.p.'s voted to legislate to stop a new deal price that. now zooming in even closer into britain it's been called the unhealthiest place in the u.k. with a high rates of alcoholism and the life expectancy now the seaside town of blackpool is preparing for life after brags that by working on its resiliency and positive thinking. school can be awful you know so can teachers. and black problems well peoples of west cliff primary are very familiar with those sentiments block that's one of the highest levels of child poverty in britain as a result many kids like resilience they don't know how to overcome difficulties or take on challenges like joy and generally is teaching them the art of dealing with crises so that they come out stronger. a lot of this still is just normal everyday ordinary ways of coping sometimes the children don't yet know how to do it

resilience research has identified a set of qualities necessary for successful living donley inter-team equipped kids with skills like positive thinking and developing personal responsibility new concepts for many here. it would just be a lot more oh well i've learned how to. do it myself and not asked my dad to do it i think it makes me happy. that we're getting trained by the resistance people in blackpool and another thing gaze is that we're in blackpool which is really in place sadly that's not a common view of seaside towns demise began in the 1970 s. when british holiday makers discovered the allure of the mediterranean since then blackpool has been in decline one till now it's time to change the town's image say those behind projects like resilience pathway made to 42 paving stones with thought

provoking statements like engage mentors and be brave it's the work of head start a network of schools and local action groups together they're driving blackpool's resilience revolution. they've grown in confidence they believe they have a purpose and a voice now in the town and a sense of belonging here so that's the biggest thing but we do have some really early findings so we know that approximately 90 percent of young people he was supporting his self harming don't need to go back through crisis care it all sounds too good to be true and yet the effects are clear take 12 year old car in for example a self-proclaimed superhero someone who tackles things head on i create my own resilience create still. that enable us here 7 students and staff at home to come to cameron blackpool is developing courage discovering a sense of hope it won't be the only answer of course but it's certainly

a big step towards making life here far more worth living. to hong kong now where it is increasingly becoming important for businesses to appear neutral amid the ongoing protests fast fashion brand azhar was pulled into the fray after rumors of 4 of its stores had closed due to its employees supporting the protests. rumors sorry employees were supporting the hong kong protests emerged after 4 of its 14 stores in the city closed the fashion chan's the this was due to. staff being unable to get to work and it took to the chinese microblogging site why bold to deny the closure was a sign of support for the strikers it rolled zara supports one country 2 systems and defends the integrity of chinese sovereignty over its territory. after the post zara was trending on chinese social media some news reports said mainland chinese customers were planning to boycott the brand but on hong kong streets the reactions

as hours post were somewhat muted i don't think that you i think my decision to buy . this thing is not as should have. or will come to me to just mention town tell. myself wow what they think about politics but politics and business are not separate worlds the hong kong protests have disrupted businesses and sent investor sentiment tumbling and now more and more businesses are being pulled into the fray. the energy market and south africa has always been dominated by coal as a consequence south africa accounts for almost half of all c o 2 emissions of the entire continent but the government wants a more sustainable low carbon economy cape town is at the center of a solar power search. your political this solar system can be set up quickly almost anywhere within just 2 days it's producing electricity it's environmentally

friendly and it's cheap solar technology has this as a vons in such a way that the environmental benefit is no longer the only selling argument costs of come down so significantly the ease of installation has become. a real seller. the market for solar systems is growing in south africa where prices for conventional energy have risen sharply in the last 5 years. in the freak growing area and yes there is free to stored in large cold stools sometimes for months this involves high energy costs which is why this company has equipped its roof with solar cells for our sun i think the cost of solar panels now. is a way off topic i thing it not too much knowledge you need you can focus on the best as you don't have to focus on. getting some power i think solar panels definitely

the easiest way and a place to either go. but there is only limited freedom to decide the energy mix in south africa greco coirpre advisors companies on the installation of solar systems until now the market has been dominated by eskom which decides on the installation of solar cells. main challenges here is predominantly administration and the acceptance by the decision makers to integrate more capacity the south african government wants to liberalize the electricity market further change comes slowly but there is great potential for renewable energy. that's it for me at the business scene here and berlin for more check out dot com slash business i'm joined al d'amato on in berlin thanks.

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plant crops and find. floods and droughts climate change become the main driver of mass migration you can write any going to matter if you want and probably most of. the climate exodus starts september 5th on g.w. . her 1st day of school in the jungle. first listen to. the band doris crane the moment arrives. join during a taping on her journey back to freedom. in our interactive documentary. to bring into. returns home on t.w. dot com bring it tangs. that 77 percent. are younger than 6. that's me and me and you.

can you know what time the voice is. on the 77 percent talk about the. front part of the flash from housing boom boom top this is where. the 77 percent. this weekend v.w. . hello and welcome to news from the world of ops and culture and today it's books all the way starting with a look at the star studded nominations for this year's booker prize also coming up . a brand new youtube channel for all. cold w

books. and disturbing revelations in a book called promise me you'll shoot us about suicides of ordinary germans and the end of the 2nd. box we begin with the nominations for the prestigious booker prize one of the most important prizes in the literary well this year names like salman rushdie would on the list and i'm joined by a man of letters david leavitt's to take us through this and an impressive list day it isn't actually in some ways the listed self is more exciting than even the winner because a lot of people they've got now they're reading list for the next year until the next list comes out these are the 6 novels that they're going to be reading this year and of course the most anticipated novel of the year the testaments by margaret atwood the queen of dystopian fiction is this book is not even out yet and

it's already on the list people have been waiting for this book for 34 years this is the sequels for me.