this is the the big news live from. for the euro zone's flagging economy the european central bank compiles a fresh stimulus plan interest rates are cutting and the bond buying program is back with it half the desired effect also on the program the. story of a journey that was very nearly thankful measuring almost trapped in the mediterranean trying to flee her home country of libya her story coming up in just a moment.

i'm phil gayle welcome to the program the european central bank has unveiled a new stimulus plan aimed at boosting the eurozone economy amongst the measures. that i would like druggy to c.p.b. a president was another cut in interest rates pushing borrowing costs further into negative territory and this is part of efforts to bring inflation down to just under the e.c. these top 10 percent i hear it's a matter of drugs rather downbeat assessment of the euro zone's economic prospects the outlook for real g.d.p. growth has been revised down 420192020. the recent rounding the euro euro growth outlook remain teated to the downside. these rees mainly pertain to the prolonging presence of uncertainties related to

geopolitical factors the rising threat of protection is an vulnerabilities in emerging markets. because i'm very happy does he has merit or drug rob what's from day to every business can explain what mr drug was talking about well rob what's the e.c.v. trying to do well this is the c b m r e a drug yes but it's sort of trying to go out with a bang with one of his final acts as the president of the european central bank and just get the european economy going because you had that assessment which is go in there it looks like the european economy is headed for a slowdown and we've had some figures today from germany suggest it might already have entered recession so what we've got here are just a few measures that he describes as quite powerful just aimed at stimulating the euro zone economy so for example they've lowered the the key rate known as the deposit facility rate that's an interest rate from minus no point 4 to minus no

point 5 so what that rate essentially means is that banks are going to have to pay to hold on to that money at the c.b. so the aim is that for to encourage them to start giving that hari to businesses and to individuals and the other thing is that reintroduction of quantity of easing that phrase that trips up reporters all over the world also is often described as the printing of money and what's going to happen is that the e.c.b. is going to stop borrowing 20000000000 euros every month just put more money in circulation in the hope that starts to fall into the hands of businesses and people through investment and they want us therefore to spend that if we spend this will boost the economy will it work. well i think if i say there's a great deal of skepticism about whether or not this will work i mean we've already been in negative interest rates in the euro zone for

a while now and it doesn't appear to have had the great effect of increasing investment. but mr jocky did make what we can describe as a veiled call a very thinly veiled call to the governments of the euro zone when he said fiscal policy needs to be the main tool there were last there was laughter in the room even there isn't i like particularly amusing phrase in the e.c.b. isn't normally about of last when he said because it was such a thinly veiled appeal to the likes of germany countries that have got the reserves of money to get spending the e.c.v. feels like it's done enough and it's time for governments to start stimulating the economy themselves or just for and european institutions to the member countries should be doing more ordinary people who have money in a bank likely. how is this going to impact us well.

the intensional this stimulus is for banks to start giving money out to people like you who got money in the bank and me who's got money in the bank you know in the u.s. or more or who are obviously living within the euro zone whether or not these changes will actually trickle down. it remains to be seen but we can be skeptical about that because as i mentioned mario draghi himself seems skeptical that these are going to have the impact that he hopes they are going to have if people within the euro zone that they're going to see a change in the amount of interest that they're getting on that that money that they have in their accounts well they could be disappointed i'm afraid because the main interest rate for the euro zone is going to remain at 0 so they're unlikely to start giving you a little boost the banks themselves ok i was hoping for better news from you can go to thank you robots from the very business. we'll take a look now at some of the other stories making news around the world of number of people counted to missing in the bahamas after hurricane dorian has dropped sharply

officials say 1300 people are still unaccounted for previously the number was as high as 2500 officials say the larger figure probably included the people staying at shelters or it was a category 5 storm when it hit the bahamas last week. dozens of people have been killed in a train derailment in the democratic republic of congo the dead are reported to be stowaways who were riding the freight train when it went off the tracks in the province of tanganyika the aussie has seen several deadly of rail incidents in recent years a blamed on old equipment. beijing has summoned the german ambassador after germany's foreign minister went out and that's where the hong kong democracy activist joshua was invalid beijing accuses germany of meddling and its a fast i was warned that the high profile leaks it will damage by natural relations with the wall urged the world leaders to back the ongoing protests in the territory . south east and spain's been battered by severe brain and flash flooding in the

valencia region torrential rain cools and cloudy on a river to burst its banks flooding homes and forcing the evacuation of surrounding areas for extreme storms are expected in the coming hours. since the peak of europe's migration crisis in 2015 d.w. has been reported in the dangers facing migrants as a attempt to escape their home countries under the treacherous sea crossing to me europe today we bring you the story of one woman who boarded i boat near tripoli in a homeland of libya after nearly drowning off the libyan coast she had her young son made it to multiple main port of the latter now there in germany adapting to the challenges of this new life this is not written story. for that they've been misled to for how to have been a diva and candy how to feel. well how about

that i'm howie let me kind of it will come somehow. when the natural sort of in the comfy. for guns already in the plot or in the 4th quarter. i heard this our plan the bill caught up that i said one modern one has the money on the. palms of the misfired $100.00 the city of them had rick but at that running would receive a hellish of. this. menace but so and. called up all the trash up until they got hired to say no however their cattle can search the hole in the hole you had in the quarter hiked in me. they did the slip out about mother earth and how it got there. the whole family if. you had to call him a can surely feel folk in that in less than of the here's the good lord rat. it's

going higher and i keep going to have the 1st time i may have lunch and then mudra there for they have no. power in the way the top of the monopoly. on. visit with delta can't. miss battis us i had the best suited. in the club and could have been hollister not us what. would i have cut out then the canfield got a bill for free so had $500.00 let alone more the only combat service i had to pretty well ultimates i had the one and not a clue me the other sad but even just the thought of so with. location about part of. the law had this part of a nick why is it that it. poeta little more food it will cost less were

a couple of the best you know how if they had the money for a concert will that mean them for the heart of the south or she gone we don't know either will or will be at the core when can i clear the head of a troll saw obviously this for laughing go in the. stock when. a money can tell you how the flea. who like allocate the money going i'm relieved leave me. they hire a kid with the flu with a. conspiring. for the local high school kid. fish my hulla gram livin in the me call for. 1000000 of it. me sorry talum i looked up from the. ninja had to feel what her little little.

i thought so for her to know. it's a little sunlit $191.00 a like in the aisle towards number one her all through the cañon but her last hour we're going to. bust a move so low get so low that i had. to have done. nor a horse that will cause i thought of a several association of civil society groups who supports the rescue and welcome to d.w.p. . it's always useful to have a human face to a news story so. miss renie is one of the people who have been so many of the boats that we report on here a v.w.

stuck out in the sea finally gets to gets to try and build a home. specific situation that of domestic abuse bad enough but the general situation in libya is also precarious tell us about. the situation in libya is literally hell on earth people of not been there find it hard to imagine what's even and even happening there i mean german foreign ministry has described libya as the camps in libya where migrants live as concentration camp alike and that means quite something so people are in slave people face torture people face rape women have lost their babies because they're being punched in their stomach the families they're being called to extort money from people so for instance you get a call and you say we'll cut off a limb but your son if you don't give us $1000.00 by the end of the week and this is what we're seeing in libya and this is inside commerce but the guards recognize

that are set up by the libyan government short i mean there are different kinds of camps and some even by humanitarian organizations but there are very unsanitary conditions in all of them there's no access to food their official and official camps but the conditions are just apparent in all of them so we will be looking listening to you talk and say yes this is terrible but the e.u. has given libya hundreds of millions of euros to try and reduce irregular by gratian to set up camps are going to like this but presumably the theory was that becomes would be a lot better than this. the number of migrants making across the european or even attempting the journey is decreasing. as far as you're. sort of it's not millions of euros therefore well spent and not at all. i mean this is europe this is actually spending the money mostly on militarizing it's borders and we've always had migration and humans have always migrated and will always migrate you terms of

libya the money that was that was given to libya was to establish these comms i'm so done for them to have to sort of redistribution point for bargains leaving the migrants trying to the but that is actually not working because the conditions as i've just described them they're just terrible and people are getting stuck in these camps and the only way they have is to cross the ocean as she has attempt at several times and that is the deathly journey as we know about every 2020 s a person actually does not make it across that across the mediterranean that's still the death least border border in the world some sort of story thank you for joining us so no to hold stuff from the saybrook association thank you. this is data coming about next in business news africa south african mining production is up slightly but its famous or gold mining industry is struggling i'll say what's behind us. because it was all about story in just a moment plus

a look at the future of driving report from the front for the german chancellor angela merkel has opened this year's approaches that's. good. and jam and lift the debt ceiling at any time i've come to any place the names the only band you have i don't like the songs to sing along to see this to come from soup. for. interactive exercises. everything is online.