other results from wednesday night's french champions p.s.g. secured a huge 3 nil win over eon the dreaded great side came back from to kneel down to draw with last season's run as. manchester city privet produced a clinical display to big shock to the next 3 nil and athletic and injury madrid fought back to draw 2 to review ventus. and watching t w news from berlin up next the business. come along the media attention of the famous naturalist and explorer. too soon will bring to comics on the front 250 of the same morning on the floor of the discovery . expedition in boise.

where is home. with their family scattered across the globe. looking. to. turn back to the roots to gather minutely. the shards family from somalia live around the world. want to come to me to urgent assistance to. the family starts october on d w. the u.s. federal reserve has no surprises for investors it cut interest rates as expected but left them guessing its further steps later this year the lack of clear signs also upset president donald trump will have the details. also on the show the federation of german industry speaks up against a hard break said and urges london to stop what it calls disturbing politics. for

business on the w. i am here yet i guess it's good to have you with us they u.s. federal reserve has lowered its benchmark interest rate for a 2nd time this year the central bank hopes the quarter percentage point cut will help cushion the u.s. economy against a global slowdown worsened by the u.s. china trade. war the move could help strengthen business fixed investment and exports which the fed says have weakened the u.s. central bank has also faced intense pressure from president donald trump to cut rates i mean washington's undoing trade war with beijing. and for more on the subject we're now joined by w.'s financial correspondent on wall street jose luis de odd office of research good to see you now the markets briefly went down on this announcement why when a rate cut was so highly anticipated by investors. i would say happier because of the division inside of the federal reserve own wanted to do next it is important to

highlight that 2 board members of the boeing c. did not support the rate cut as the top into in july and although wanted an even deeper qadhafi 50 basis points this equation leaves investors they get as a new world will happen in the near future if we take a look at the dot blog where they fed keeps the forward guidance it seems that we are just cutting rates and not only for days to year but also in 2020 but if we take up all the moving to what this 17 members that contribute into those projections at least 7 expect another cut this year chairman paul said the economy is doing well so far but also agreed that if prepared to be aggressive if necessary . no it was a risk from what we've seen dollar trump wasn't pleased by the announcement either so what does this mean for the tense relationship between the fed and the president . was definitely not happy and we'll keep pressuring the fed in the

coming days weeks and probably monsoreau to lower rates to 0 there is no doubt about that product as much as he can tweet the u.s. central bank is independent as we mentioned before part of the division of opinion so when it comes to monetary policy it's a real proof of that independence that just one person doesn't make these morning policy monetary policy decisions day or fall and see how stamboul the members a total of 17 members contribute to projections and forward guidance so it's safe to say that monetary decisions will be based on incoming data and not president to it but it's different believe safe to say we will see more of those tweets thank you very much as there is that will and wall street for us. meanwhile europe has problems of its own as the brics it deadline of october 31st comes closer boyce's urging westminster to find a solution are getting louder the federation of german industries has now spoken up it says that the u.k. is playing with fire while describing british politics as disturbing the federation

warns against the consequences. increased unemployment slowing trade businesses going bust supply bottlenecks and a weaker economy german business lobby the d.d.i. paint a gloomy picture of what a disorderly breck's it could look like investments in the u.k. has already waned and companies are spending billions preparing for britain to crash out of the u. despite that provision the b.t.i. is still anticipating the worst the no deal scenario is the worst case scenario that we have been preparing for for more than 3 years now and we never hope that this is coming true but at the moment it looks like this worst case scenario is the one only scenario that will happen even so you that p.d.i. isn't keen on the idea of extending the brics it deadline beyond the end of october has some politicians in london want to prolong it this far has already brought enough cost and uncertainty in our opinion can only be an extension when it is

connected with the target why do we need an extension what for perhaps for a general election or even a new referendum there are parties in westminster arguing for both. we strongly urge that the politicians in london to come up with new suggestions how to solve backstop issue or how to accept their withdrawal agreement which would be good for businesses on both sides of the channel wherever the brics it sagarika is next the p.d.i. feels the damage is already considerable and can only get worse for germany and europe the most of all for the u.k. itself. time now to put you up to date with some other business stories that we are following for you we begin here in germany and the country has extended its bad on arms exports to saudi arabia a government spokesperson says it will now last until march next year earlier this

week chancer and said she saw no reason to lift the ban it was introduced last year following the murder of saudi journalist some of the shoki for which riyadh was blamed. u.s. president donald trump has announced plans to introduce substantial new sanctions against iran the white house has blamed tehran for an attack on saudi arabian oil facilities that cut off 5 percent of the world's supply of crude oil existing u.s. sanctions have already crippled the iranian economy. and india has banned the sale of electronic cigarettes in another blow to the industry it comes a day after new york became the 1st u.s. state to outlaw flavored east cigarettes following a series of deaths linked to vapor the indian ban also includes the production import and distribution of isa's. african swine

fever and growing consumption in countries like china have significantly increased european pork exports but the boom may be short lived stricter regulations in europe require more animal friendly conditions that can only be met by making bold investments for many small businesses it's simply too much. they're busy in the cold storage unit at the simone slaughter house and reiman polack knit these poor carcasses are being exported to china since april deliveries have sharply increased african swine fever is rampant in china at the moment it's estimated that around $200000000.00 pigs had to be called. in all of europe there are currently around 136000000 pigs just compare the numbers if all of europe were to sell every last pick to the chinese we still wouldn't be able to close the demand gap the. farmer directionals the pentagon has profited from the increasing exports he sells his

piglets were the highest price in years but he's still not happy about it as new laws on animal welfare and environmental protection are pending for example sounds are to be given twice as much space for the farmer it means cutting the pig population in half or increasing the science of the stables that could cost up to $5000.00 euros per stone. because with higher costs and fewer benefits we're supposed to invest it's in comprehensible especially since it's not known if the african swine fever problem in china will be solved if it is then it's not certain what will happen next prices will go down and we'd have to compete massively and prices with other countries but across all the big problems that we've all been given fields. many farmers like hendrik i sure don't want to invest in new stables compliant with new animal welfare and environmental protection regulations by should chose to give up his farm all his pigs happened

sold and the arable land leased to remain competitive he would have to take out a loan to build a new stable the 40 year old hesitates to make new investments. you know runs it doesn't always that's a lot it's not that easy to invest a 1000000 euros there are so many regulations you have to comply with big time. now around 2200 pig farmers have given up in the past 2 years to meet the demand ban on is buying things from france and belgium and spain the number of pigs has even increased by 4 percent. in spain pick farming has a social value it's an important economic sector as a rule the requirements are not as strict as they are here so for course more pigs will be kept there than here it's. a paradox in a period of extremely high prices for pork farmers are insecure about the planned

animal welfare and environmental legislation is making them reluctant to invest at all. and before we go controversial and international dispute about waste management indonesia is saying enough to plastic waste coming from industrialized countries the decision to send containers back to where they came from was unprecedented and made headlines all over the world in june for example here in germany of the country had to take back containers full of old plastic no one wants to deal with the business model itself is actually a scandal the indonesian companies buy containers of waste from industrialised countries to recycle and resell as raw material. this garbage is often full of toxic materials and the indonesian government has had enough of it. customs officials are taking a look at imports of 3 suspicious companies this container comes from australia.

547 containers must be sent back but we have 2 sides let these containers go. since china close its borders for plastic ways last year more and more of it has landed in southeast asia in the philippines malaysia cambodia or indonesia customs authorities and all those countries are now tightening their controls governments there don't want the region to become the dumping ground for the world. and that's all for this edition of business thank you very much for watching i'll see you next time or whenever you want on the w. dot com slash business where you can also watch this and all of our other shows so you next time take care good bye.

entered the conflict zone confronting the powerful. for the u.s. forces for 4 years this week. it is impossible james just for a special representative of the u.s. for soon to gage lutes from any of the alleges policies in the country to move to

a successful outcome of conflict so from. one detail to put. their reindeer part of their life. behind them it's the people of the russian are not. like climate change and mining are threatening their nomadic way of life. so now that's children are now preparing for a different future. a life for the reindeer. you know 60 minutes d.w. . you know that 77 percent not because our younger ben thanks a lot. that's me and me and you.

think you know what it's time all voices. on the 77 percent talk about the stuff. for all parties to flash from housing boom boom town this is where. welcome to the 77 percent. this weekend on t.w. . cost 3 and misleading wasn't it was misunderstood by everybody are you going to let me finish you know this i'm views about the end. so that simple late last year donald trump ordered and then partially whole. the withdrawal of u.s. forces from syria causing many of his allies to doubt his commitment and reliability my guest this week here at the state department is ambassador james

jeffrey a special representative of the u.s. for syria in gage mint can any.