but the sea wall will not be enough if water levels continue to rise and even more people off forced to look for a new place called home. you're watching the w. news live from berlin coming up next a show of economic might from china as the country opens one of the world's largest airports that's next in business with stephen beard please stick around he'll be back with that in the works at the. birth. home to use of species. of home worth saving. given those are big changes and most start with small steps global india's tell stories of creative people and innovative projects around the world. country club it used green energy solutions and

reforestation. interactive content teaching the next generation about the fundamental protection. using all channels available for people to take action and returning to do some thinking for the next generation gloomily as the environment series of global 3000 on t w and online. china opens the world's largest single terminal airport a signal to the rest of the world that beijing has global ambitions despite its economic hard times also on the show how much is that bottle of french wine cost more than you might expect we'll look at reports of human trafficking in french wine fields. this is your business report i'm stephen beers in berlin thanks for

joining us. china officially open the doors to its mega airport on wednesday beijing cost $63000000000.00 and needed just under 5 years to build it's designed to handle $72000000.00 passengers annually an impressive feat and an outward demonstration of might from a country otherwise facing difficult times. shaped like a giant starfish beijing dossing international airport took just 4 years to build and cost $60000000000.00 euros it's already the world's largest single airport terminal building it's going to be one of the busiest president xi jinping cut the ribbon on the bus terminal the launch comes just ahead of the 70th anniversary of the people's republic of china a mass of days in the ruling communist party's calendar or simple. i hereby declare beijing dossing international airport officially. the airport is a powerful symbol of china's rise putting on

a show of strength is important right now china is seeing its biggest economic slowdown in decades because of a bigger trade spot with the u.s. . designed by the late iraqi born architects deed the new airport will it 1st cater for 45000000 passengers by 2025 that will rise to 72000000 making it one of the world's most popular hubs. beijing dossing international airport is still smaller than the world's busiest airport in atlanta with 107000000 passengers followed by the existing beijing international airport with 101000000 and dubai international with 89000000 passengers passing through every year. it's the 2nd major airport built in beijing in just over a decade beijing international is already full on environmental activists elsewhere ask questions about the future of mass air transition china's aviation future is just taking off. the u.s.

and japan have announced the outlines of a trade agreement which they expect to finish up in the near future and a joint statement the 2 countries vowed to finish the deal in 4 months u.s. president donald trump said the agreement would open up japanese markets to $7000000000.00 of american products potentially undermining the deal is trump's threat to put new tariffs on foreign cars imported into the u.s. . let's go now to our financial correspondent in new york again scored a yen some interesting trade news there with your pen but it's not really the trade news driving markets today what can you tell us the other main trade news was actually some speculation or remark from u.s. president donald trump and saying that trade with china could be closer than we think that does not mean that trade deal is imminent but this was some comforting news for the market but when it comes to the trade deal between the u.s. and japan there are also some interesting details so for example part of it is

a digital trade and then also it is good news for the u.s. farmer for the agricultural industry and at least for now obviously washington is not going to impose higher tariffs on car and car imports from japan. of course as we have to ask you about the big news in the us right now this impeachment inquiry housing markets reacted to this if at all you know investors on wall street to basically shrugged it off and maybe because they do not really believe that this impeachment inquiry is going to go anywhere but then also if you look at the positive the seventy's for example the impeachment inquiry against richard nixon that the markets big then got hammered was probably because of the oil crisis high inflation at the end of the gold standard so those were probably the real reasons

why the market got hammered and if you look at the ninety's and the impeachment trial against bill clinton that the markets took off big then was also not because of the political turmoil but because of wall street was clearly focused on the dot called boom well as people are saying here on wall street political forces have short legs so those political events events usually do not have a big impact on stock trading here on wall street all right well of course see if that changes in the future yes quarter there for us in new york thank you. let's take a look at some of the other global business stories making news. boeing has reached settlements with 11 families of victims from october's lion air crash off the coast of indonesia each family will receive $1200000.00 the $737.00 max was grounded after another crash in ethiopia a few months later a total of $346.00 people were killed. the international monetary fund has picked

crystal. to lead the organization the bulgarian economist is due to start her 5 year term on october 1st she said the top priority is to help countries minimize risk and be ready to cope with downturns while supporting long term economic stability. the former head of donne's good bank in estonia. has been found dead initial reports point to suicide used part of the ongoing at investigation into an alleged money laundering scheme best gaiters allege the funneled some 200000000000 euros in illicit funds through its tiny estonian branch during race has tenure. germany's major stock exchange saw its biggest tech i.p.o. in 2 decades on wednesday team viewer which makes video conferencing and remote working software went public at the frankfurt stock stock exchange it raised over 2200000000 euros. and saying in germany the berlin government hosted

a forest summit on wednesday inviting forest managers and representatives of the timber industry to discuss common challenges among them climate change and the rising threat of wildfire and diseases. it's possible to measure the health of a tree how many leaves are needles that sheds is one indicator. there are 600 douglas firs in this forest east of one of the trees originally from north america and the development is being closely studied. there along a dry ice let's say 6 weeks without rain 6 weeks of drought in the trees shrink they don't grow they shrink and the wood starts to contract. the douglas firs have small slit like openings in their bark they close when it's dry in order to stop the tree from drying out. they help the tree retain its moisture it's an adaptation

to the dry climate that the trees evolved and. we don't see any problems in this area. the trees are growing even during the dry spells the tree tops also look healthy so we can say they're dealing well with the dryness. it's a very different picture 150 kilometers to the south. recent droughts have destroyed 110 hector's of forest land. and that's created a new problem for forest owners and rangers alike. the invasive bark beetle is spreading fast they burrow their way into the tree trunks if the trees aren't quickly cut down the beetle spread in danger in whole forests forest managers have to cut down huge swaths of forest land. that was interviewed we need to speed up our replanting efforts webbing that's

a mix of as many different types of tree as possible will allow us to better manage the risks. recently they've begun adding trees from the mediterranean region or southeast asia to the mix they're used to the warmer conditions. but scientists warn beating the heat isn't the only problem. remember there are still risks if we introduced trees like these to germany then they could thrive in the warm months so they have to cope with late frosts that have the potential to greatly harm them. just giving it a try and seen what happens isn't a viable solution and once it and importing new tree species is expensive a single kilogram of douglas fir tree seeds cost $1200.00 euros but it's a worthwhile investment douglas firs have shown that there are a good fit for germany's forests. bush allays one of france's most famous

winds now it's at the center of a human trafficking case french police have launched an investigation into 4 job agency managers they're accused of abusing seasonal workers in the country's famed venue. the grapes harvested in these far reaching vineyards will be pressed to make the $29.00 team beaujolais after another warm summer wine makers here are looking forward to a 1st taste but many of the people picking the grapes won't be able to afford a bottle of their own some are victims of a bull garrion network of human traffickers now under investigation by french police for defrauding thousands of workers. this year there are some $20000.00 seasonal workers in the bush or they have about half of the mobile gary and that's a lot it wasn't easy to find them. so most workers came through a job agency a firm that promised workers 60 euros per day but allegedly kept most of the money

charged workers for their food and didn't provide adequate housing despite such promises the wine growers seem oblivious to what's going on. with a view they were used to pay all workers directly but after $2.00 or 3 years somebody arians told us we will set up our own service company to make it easier for you you just have to pay our bill and we said why not. what seemed like a good deal for the venue has left some great fakers without enough money for the trip home. and that's it for me in the business team here in berlin. watching.

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