country. go christmas market hopping with. the moon and to go to. her hotel room for you and a guest. just tell us which term instinct is your favorite. what's the most beautiful place in germany. or would you like to explore most winter chicken d.w. dot com slash trouble good luck and enjoy the. financial markets hold their breath could have breaks that deal be close to question sterling and stops trying to cling to their gains on hopes of an agreement to avoid that you can crash out of the e.u. at the end of the month. the i.m.f.'s to worries about growth it says the world economy is slowing to its weakest spain since the global financial crisis. and cuba

unveils a new plan to tackle it so-called mule economy a black market worth billions of dollars. and it is holding its 3 business european equities and the pound us starting to slip this hour after sterling surged to a 5 month high on optimism of the brakes a deal after talking through the night the e.u. and u.k. talking again today it's hoped those talks will bring some sort of progress or maybe even a breakthrough as far as a voting a disorderly departure from the e.u. traders a cautious and they're also worried about the latest economic data it shows the number of people in work in the u.k. has fallen unexpectedly the auto industry also expects big job cuts. these rolls of fabric will soon be covering the seats of luxury motor cars and buses the uni royal global factory in northern england is only the 1st stop in

a long journey for the materials which leads through countries like romania and the czech republic for processing followed by shipment to car plants in italy spain and the u.k. for assembly the e.u. single market means goods can travel tariffs on paperwork free throughout europe delivered like clockwork just in time breaks it threatens that and has led to uncertainty and slowing investment throughout british industry. this was making happens now the next 45 years and when they haven't all the facts for example i don't know where we're going to be without brakes if i don't know whether the u.k. is still a safe bet that if i sell that level of business over that that you sign this we are. still ready. yet despite the risk to business and their jobs work is here mostly one phrase it done. yeah i did for you but i didn't for a good deal about the offical if you will. it's really when the british

government quapaw so they were overruled by were party bosses that so far with only a few days to go before the u.k. is due to depart the e.u. business owners are still hoping for a deal that will at least keep them within the single market without their future could be very bleak. franco berridge is head of market analysis at money europe in london a u.s. hopeful as the pound that's a deal could be within reach. well i am hopeful as hopeful as the market seems to be at the moment if you look at firstly the stilling price action we're talking a 5 percent rally from last week's lows if you look at fixed income and basing markets it looks like the market as a whole is basically treating no deal as a mind that title risk isn't follett's than 10 percent total probability i think it's much higher than that we have seen some headlines over the past 24 hours but

really nothing firm that suggests that the core constraints that boris johnson is facing which of course the same constraints treason may face have actually been resolved. we'll see what happens today well exactly what do you think is going to come out of the talks today or perhaps out of the summit on thursday friday what sort of a deal that we're going to get do you think. so the crucial question is whether or not the d u p is able to make further concessions from what they've effectively stand for stumps and often true the e.u. which is a boarder in the irish sea but subject to a very strong effectively each other from northern ireland now the e.u. indicated last week that they're not going to offer of each other as strong as what do you people proved with partial sun which effectively is a vote in training regiment and then regular recurring votes how of some sort of a consent mechanism has not been rejected outright by you so it seems that what's happened over the past 12 hours is that the consent make an ism and the exact

customs arrangement is being discussed between the u.k. and the e.u. has now reached some sort of a bloc with the d.p.p. i'm not hearing exactly about what that consent may come as a what that costs range will look like so hopefully that's what we'll hear over the course of even the next 6 hours will stop see some details emerge and then the crucial question will be is the do you think willing to concede further that if they are then the next question becomes what's going to happen in palma on saturday will be waiting to see if they can break through. that voter block but in the meantime what about these figures that show employment in the u.k. falling out concerning a day. so the u.k. figures are particularly concerning and to understand why you have to understand the context of the u.k. economy of the policies 2 years now growth in the u.k. on the whole while it hasn't been sensational as it should be not too bad your g.d.p. growth year on year in the order of about one percent and i'll note that that's stronger than a lot of paraquat amaze for example in germany in the you and the reason for that

is very simple u.k. consumers have been spending business investment has crashed you know it's been negative year on year for more than 12 months but consumers have continued to open their wallets in a big part of that has been the fact that the labor market has been continuing to add jobs and wages have been going up which has been supporting consumer spending now august jobs report showed that there is no longer the case we've got new job losses and what's particularly concerning is that the most recent survey data for example for market indicates that this is sit continue so if we see the heat come out of the labor market we could see consumer spending for will as well which is really removing the last support of the u.k. economy rather bearish thank you very much for the analysis. well the world economy is facing its weakest growth since the global financial crisis that's according to the international monetary fund it says that it's cut its outlook for this year and

next the main reason international trade disputes it's now predicting 3 percent growth this year the i.m.f. also slashed its growth estimates for the eurozone dragged down by export powerhouse germany the world's 2 biggest economies the u.s. and china also losing steam. will chinese shares dips on wednesday optimism is fading over a concrete trade deal between the u.s. and china analysis from our correspondents in taipei and frankfurt's on 100 souls and only bots welcome to you both 1st of all so how's beijing's view as far as if it's reaching a deal does a reckon that there is progress being made. well we see a very big change of china's mice that for example the 2 sides are not talking so much of a out in force in the mccann ism the wording has changed to dispute resolution and for china it's about mutual respect and the possibility that agreement could be

reached on equal basis another example is that many chinese people actually complained about the $40.00 to $50000000000.00 u.s. dollars purchase of the us agricultural products i think it's a big concession but the chinese state media try to tell their people that actually buying more u.s. products is china's unique bargaining chip and if the purchase volume goes up it means that american farmers depend more on china and mutual dependence is not a bad thing so from the new wording and their interpretation china said that the 2 countries are finally on the same page this is the interesting how they telling the story at home when you see the challenges in ending this trade war that. well i think the biggest challenge is still how to put goodwill on paper before documentation as they can the both. many details remain sketchy after

talks again talk about disappearance solution if the u.s. could unilaterally impose sanctions on china and china is banned from taking any retell it terry measures beijing will not accept that and china also consider u.s. proposal to set up a permanent joint office to deal with china's economic policy and attempt to undermine china's economic sovereignty so the key issue is that who will make the ultimate ruling and there is a big question mark there exactly he's going they're going to make a move what do european traders reckon only how do they view the bigger picture. well they view it with a bit more optimism than skepticism that it's changed in the past couple of days there was huge optimism when there was a partial progress agreement announced late last week and the markets surged not just here in germany but also and on wall street for example but now the optimism

has faded here too but there's still a bit more optimism and you can see that that any time there's a bit of progress reported yesterday i think it was mainly progress on tracks that but then the market is still able to go up the docks reaching a new annual high yesterday but the nervousness involved these of the china u.s. question you can see how much the market gained on so little optimism so people are desperate for some kind of solution and you can see how desperate the situation is from the point of view of the traders and everybody else for that matter with the i.m.f. report that came in yesterday forecasting a slowing world economy slowing eurozone economy and germany especially a major exporter so there's a lot at stake here believe it's forus at frankfurt so exchange and thank you very much so in taipei. cuba is trying to counter the use of the

u.s. dollar in the black market its announced plans to allow selected state controlled stores to also sell it weighs in the u.s. stole the idea is to keep that cash in the country rather than it going abroad with so-called mule merchants who work on the black market and import ways selling them door to door 77 stores across the country will begin showing up lance's and other goods in dollars at the end of the month cuban vice president salvador valdez mesa made the announcement on cuban television. so. the proposal is to start the sale of the most in demand products such as domestic appliances mopeds flat screen televisions air conditioners as well as automotive parts. cubans who want to shop in the special stores will need to use a dollar denominated bank card from an account opened with tradeable currencies

consumers here are for the move. and i think that it's been well thought out and its benefits will help the quality of life for the people here and yet. it's the state that benefits and that money can be invested by the state in other resources that we need. cuba's state run economy is facing a crisis because of the ongoing u.s. sanctions and the fact that longtime support from venezuela is dropping due to a crisis there still cubans one thing comforts of modern life and they're paying in dollars to get them to business with the.

i'm secure in the they were not hard and in the end is a me you're not allowed to stay here anymore we will send you back. are you familiar with this. when the smugglers were lions of the what's your story

'd 'd. i'm working on was a women especially of victims of violence in. take part and send us your story you are trying in all with understand this new culture. you are not a villain. you want to become a citizen. in for migrants your platform for a while information. and welcome to news from the world of arts and culture this is what's coming up today. abhi joined here in the studio by the world famous author of the swarm frank should sing has turned his attention to music. the city of baghdad in norway a literary hub for all sorts of strange reasons refined.

frank said seeing is best known internationally for his science fiction novel the swarm where nature starts punishing humanity for its misdeeds 1st published 15 years ago it now seems rather prophetic when you look at the current situation with climate change however right now frank said singh has put down the pan picked up the guitar and has abuse it project called taxi galaxy tell me why after this. scene and we celebrated on stage in front of an audience he likes to entertain but also to shake people up in 2009 the author presented his thriller limit it's a mix of science fiction crime story and science like his most popular novel the swarm published in 2004 the bestseller about a threat from the depths of the ocean has been translated into 27 languages and made its author who study communication studies

a very rich man. but chatting has still clung to a lifelong dream since the age of 15 he's.