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family scattered across the globe. to get food to. turn back to the troops get them in a mug. shot finally from somalia live around the world. urgent assistance of. the family starts october. while tens of thousands demonstrate for climate action around the world in germany announces a 50000000000 euro climate protection plan to tackle the crisis industry reactions are mixed. on the show we'll take you to the south of spain one of europe's main agricultural regions to see the devastating effect of climate change. and

investors in paris announced a 5000000000 euro pot for tech firms hoping to pull them away from other tech specs . it's time for business on the w. welcome to the program the german government has announced a 50000000000 euro climate protection plan to help the country reaches 2030 climate goals some economists say it's a good start others criticize the price tag german companies fear they could become less competitive and are bracing for possibly the greatest changes since the industrial revolution. the world's biggest chemical company b a s f claims it slashed its greenhouse gas emissions by half compared to its 1990 levels all while doubling production output that could help the company's bottom line now that the german government plans to put a price on c o $2.00 fossil fuels are about to become more expensive it's a market based approach to boost investment in clean technologies.

one thing is certain new climate friendly technologies are expensive and that's primarily because they need markedly larger amounts of renewable energy and capital investment. investments that has been working on for years the company is spending a total of 44000000 euros on developing new electric cars in times on its own is. vital and it's a fundamental and extensive transformation in. the here and we'll see the 1st signs of how successful we will be in the coming years. and what the industry as we know it now will no longer existed in and. the german government's plans also call for a larger financial incentives for customers to buy electric cars which is why v.w. is on board with berlin's climate protection goals it's still unclear how high the

subsidies will be but one thing is certain berlin wants 10000000 electric cars on german roads by 2030. time now for a quick check on the markets for that we're now joined by d.w. financial correspondent jose luis there on wall street hi it was a recent good to see you as we get to the end of this week what's been driving trading this friday. mainly 2 things that helped your several fed members had talked about the red card on wednesdays and federal reserve president james pooler wanted a deeper one since he sees a recession in the u.s. a manufacturing well fed president eric rosser green said cutting rates a the risk of financial instability on all the thing that kept investors guessing and never as it was the chinese delegation canceling its planned visit to a farm in montana and cutting short negotiations after president trump said he doesn't want an interim trade deal and he is not in need of a deal happening before next year presidential elections now has at least climate

has been of course a buzzword this friday and it will be a buzzword next week where you are what can we expect lots of companies announcing their commitments to achieve climate goals several firms from a different industry will deliver their plans to the u.n. over the weekend we already heard from amazon but also on monday the companies who will make their own pledge aiming for ned 0 emissions something we will need to keep an eye to was a reader in new york thank you very much for the analysis and have a good weekend and i want to some other business stories we're following for you have to sign or the new york federal reserve bank says it will inject 75000000000 dollars a day into the u.s. financial system for the next 3 weeks as a tries to prevent a spike in short term interest rates u.s.

banks have struggled in recent days to find the cash needed to meet core capital reserve requirements that has pushed up short term borrowing rates sharply. india's government announced a major cuts to the corporate tax rate companies in the country will now pay tax at 25 percent instead of $35.00 a cut is aimed at boosting growth and encouraging investment in just the 2nd fastest growing major economy in the world after china but in recent months the pace of expansion has slowed. while climate activists around the world still have a hard time convincing climate change deniers the phenomenon is already very real in many parts of the world the region around morris yeah in the southeast of spain is considered europe's vegetable garden but a week ago a year's worth of rain fell in just 24 hours with disastrous consequences. it was the worst flood in 100 years and the destruction can still be seen

a week after the storm houses and streets were destroyed. but it affected farmers the most one of them is an tonio partitas. his collie flower was almost ready to harvest and now it's been under water for the past week the floods might be his downfall. we're making so little money. for the most we can't go on like this. we're thinking about giving up agriculture. a few kilometers away vegetable farmer francisco sanchez looks at the devastation across his artichoke field pieces of asphalt are mixed in with the vegetables. we don't know yet what the total loss is in this if we need to look at our irrigation systems as the field itself is lost for the next 3 or 4 months you can't plant

anything there for now. if you seem to have the farmers association aside listens to the farmers. even if the extent of the damage is not yet known the affected area speaks for itself we think 300000 hectors in the region were partially or completely lost her mind you the question that many here are asking will climate change cause these storms to happen more often in the future at the university of more c o one goma's the varo knows that rising temperatures play a major role only that on and off with the warmer mediterranean you can expect more violent weather phenomena but it's still unknown whether they'll occur more frequently so some of the fear that this storm was devastating for farmers the representative of the farmers association is now concerned about the storm's effect at the market an event that's when i get it i'm assuming that 15 to 20 percent of the entire production has been lost. so that up with the old robot. lemons for

export this company is still in business but the boss knows that many others are suffering from the storm. you know that without if you can't get to the fields because they're under water you won't be able to harvest your fruit that's the problem fortunately we have areas that we can still reach even after a heavy rainfall that's why we've had no problems after the flood of the century business continues even if many fields are still under water in the battle for talent and innovation cities and countries around the world are stepping up their game to become the ultimate startup hotspots now france wants to lead the way investors there announced a 5000000000 euro fund for tech companies hoping they will someday revolutionize the french industry. 5000000000 euros that's the sum french investors this week pledged to pump into starships as part of

a push to foster growth in the country's tech scene french president emmanuel mccall himself a former investment banker was quick to show his appreciation. so. we've reached this milestone because of these institutional investors commitment i really want to thank them for their action and willingness to take risks by committing 5000000000 euros in the next 3 years to french fund specialized in technology i think we can applaud you. the french government's hoping the investment will enable the country to cut up with some of its international competitors. will slowly increase investment in this sector and hope to be on comparable levels with the british in the future today we're at 5000000000 the bridges are of 8 or 9 i think this is the goal we should aim for. if. the government also wants to

reduce red tape making it easier for tech companies to hire foreign workers and creating an environment that fosters entrepreneurship. before we go everyone points at the industry while the internet gets a free pass but the internet is not emissions free for example a search query on google causes about 0.2 percent or 0.2 graphs rather of c o 2 and email generates about one gram and hour of video streaming or downloading pollutes the environment with 200 grams of carbon dioxide. that doesn't sound like very much at 1st but it really adds up because billions of people use the internet every day as you know possibly including you and that's all for this edition focused on climatology the only business thank you very much for watching we'll see you next time or whatever you like on the w. w.c.

talk show strong opinions clear as issues from international perspective young people worldwide are gathering what's expected to be the justice department protest in history will there strike jokes politicians into action to address the climate crisis using removed from the scene that's our topic. close to the point

in 60. children. why subscribe to d.w. books you meet your favorite writer might object to what i write is to share where to find beautiful. books on you to stay up to date don't miss our highlights. program online w dot com highlights. and gemini with deafening at any time i'd claim he claims he's a new music video captain of the benefit of the crowd almost to sing along to you just a combo from super slim seats. for. interactive exercises. like everything is online and interactive benjamin to frame 50 w. . what's the connection between bread flour and the european union dinos

guild motto e.w. correspondent alan baker can stretch this 2nd line with the rules set by the deep. cuts. stamping recipes for success strategy that make a difference. baking bread on d w. this is speed up. news africa coming up in the next 15 minutes the ones calling for action today's for the largest global climate protest in history will meet some of the africans who stood for the for. the missing zimbabwean dr we told you about on monday has been found our correspondent in how to fill us in on the divan.

then 2 years after its release to the wedding rocky is still the highest grossing locally produced film in nigeria obvious talking to the dad.