until now to see the story going to be more serious to pursue. an exclusive report from a destroyed city. philippines in the sight of us starts oct 24th on d. w. . illiam. a moment of truth on break that the pound is on a beach as our officials as the u.k. any use travel to secure a last minute to punch a deal. fish farmers look on with concern a messy breaks it could mean trouble for the u.k.'s top food export salmon. i'm going physical and let's do business someone press the pause button global shares are on hold a volatile pound is hovering after rising more than 5 percent in the past 5

sessions there are hopes the united kingdom and the european union can strike a deal at an e.u. leaders summit over the next couple days but there's still talk of an extension an election and a disorderly gags it that last one could come at a cost especially for the brits a study by the bettles men think tank shows the no deal brags it would cut national income by up to 57000000000 euros a year but be partly due to rising costs through new tolls and tariffs on goods and services germany's export powered economy would make it the 2nd biggest loser in absolute figures with a loss of around $10000000000.00 euros a year france and italy would also suffer a blow are seeing significant annual revenue losses and how much can ordinary citizens expect to lose from their pocketbooks well for brits some $900.00 euros less a year on average the losses for the germans and french. are also significant. another

sector on age is the fisheries industry the u.k.'s most important food export is scottish salmon or than half of it goes to the european union and you don't want delays in the supply chain with something that can get as smelly as fish. here at a fish farm on the north western coast of scotland salmon are being harvested each fish weighs up to 10 kilograms they need to be gathered quickly because they're due to arrive the next day in france or germany. the logistics for the supply chain have to be perfectly organized to keep the salmon as fresh as possible. but the fisheries worried about whether deliveries to the e.u. will function this smoothly after breaks it. at the moment you don't need environmental health reports for when you transfer fish abroad to european

countries but that obviously might change so there will be another bureaucratic burden on laws after to bret's it and any things like that extra paperwork extra and head hold ups on the board there will be a problem for us. aqua farming is a major sector of the scottish economy. salmon producers here sell more than half a 1000000000 euros worth of fish every year. around 10000 people earn a livelihood from salmon working in fish farms and the processing and supply industries. scottish salmon farmers say they're angered by the political trench warfare in london. and didn't vote for the breaks it said over 60 percent of scottish people voted to remain in the sea came. there's

a frustration there that we're 2 years after 53 years off the referendum and we still don't have a coherent position for leading the the year. in terms of business investment uncertainty is a killer. farming salmon breeding and tourism are the main sources of income in the scottish highlands. the rural region is likely to lose hundreds of millions of euros in a new funding many people here doubt the british government will make such funds available to them in the post-breakfast future. to some of the other stories making news around the world tech firms dominate the list of the world's most valuable brads apple tops the list by market consulting firm interbred the firm is valued at 234 $1000000000.00 google amazon and microsoft all follow with valuations above $100000000000.00 known tech firms have slipped coca-cola placed 5th the top

european brand was mrs benz in 8th place. the 3 main distribution companies for pharmaceuticals in the u.s. a caisson i was sourced battening and cardinal health have offered to pay a total of $18000000000.00 to settle thousands of lawsuits johnson and johnson offered an additional $4000000000.00 the companies are held responsible for their part in the deadly opioid crisis. and the us federal communications commission has approved the $26000000000.00 merger of team obama u.s. and sprint the deal would slash the number of major mobile phone service providers in the u.s. to just 3 that's why 18 state attorneys still oppose the merger. now women finally breaking through the glass ceiling in business following criticism europe's online fashion giant cilento has set a goal for women to hold at least 40 percent of top management jobs by the end of 2023 germany there are 30 percent quote whose full supervisory boards but none for

executive boards but look at the top flight of economics christina got she is due to become the 1st female president of the european central bank replacing mario draghi and she headed the international monetary fund garion economist christina. eva is replacing her as managing director and this week s ted to float shared the nobel prize for economics for research on fighting poverty she's the 2nd woman to win the prize which has been awarded since 1969 jennifer morgan became the 1st female head of the german blue chip company last week she's c.e.o. of software behemoths s.a.p but men still dominate the boardrooms of the world's biggest companies. well the hottest labor dispute at general motors in almost 50 years appears to be resolved on wednesday negotiators for g.m. and or union representatives reached a tentative agreement demanding

a share of profits better benefits and stronger future commitments by the company really 50000 g.m. workers began walkout last month crippling the comic as u.s. operations. the hard fought deal won't bring an immediate end to the strike by $49000.00 workers they are likely to stay on the picket lines for at least 2 more days as union committees vote on the deal which members must then also approve for many braving the rain in the picket lines the strike has been about broader issues as well it's no big deal obviously with you does it feel like you're fighting not just for us personally for the middle class and john nelson seemed to drop the full strength that people come up with whom you have posed to for people from all different walks of life come off looking inside since really been kind of already know we had to cancel. the terms of the tentative 4 year contract weren't initially released but it's believed they were includes some pay raises lump sum payments to

workers and required general motors to produce new vehicles at u.s. factories g.m. has already offered to make new models and 2 of the 4 u.s. cities where it had planned to close production facilities. in less than 2 weeks the people of argentina are said to elect their president and things are looking good for incumbent morrisey a lucky he is he facing a competitor that's running on a ticket with former president cristina fernandez who is known for improving living conditions for the pole on top of that mr murray is market oriented policies said to have driven up housing costs. so the a gown is struggling to pay the rent on the $1.00 room buenos aires apartment she shares with her teenage daughter high inflation has driven up rents with salaries and employment hit by recession down and self lost her long term job in august now the 49 year old risk losing her home one of a growing number of argentinian straining under rental payments during an economic

crisis homelessness in the capital has risen and many houses stand empty down as only wish for the economic situation to improve. inflation is killing us it's eating into our pockets either we eat and we pay the bills or we pay the rent once a day the other times i drink. but while the rental crisis underscores the broader dynamics in argentina ahead of an election which could well oust current president maurice your mockery there are 2 sides to the mark recon he's popular with farmers who generate 40 percent of the country's output taxes on agricultural exports to jumpstart the economy but recently mockery lost the primary elections to left wing peronist alberto fernandez by a wide margin now farmers are on nerved. it was my main concern is that they come tomorrow and say the country is in need and then punishes with higher export

taxes. many argentinians are increasingly frustrated by the sputtering economy rising poverty and austerity measures in 10 days' time they can decide which of 2 radically different approaches they think will solve their problems mark reese free markets often and as more redistributive approach thousands of people have taken part in protests in spain calling for higher state pensions 10 years after the real estate crisis drained public coffers are struggling to keep up with an aging population but those gathered in madrid insist work hard their whole lives deserve a bigger share. we are on pension is reads one of the plaque odds brandished by the regiment of retirees who took to the streets of the spanish capital the average pensioner here receives $920.00 euros a month more than a spanish worker on minimum wage but they say they deserve an increase and

a $1000000.00 to $1085.00 euro should be the minimum and actually no penalties for those who retire after working 40 years in effect why do you take. it out that eventually they should update the pensions especially the lowest because you pay taxes to have a dignified life when your own the many elderly people don't have a pension and that gives the not dignity anymore to not give him a paycheck. the spanish government has offered a 6 percent pensions increase the representatives of spain's $9000000.00 claimants holding out for more. tests. north korean state media has reported the opening of a new braille route through what pyongyang hopes will become a major tourist hot spot of verified footage shows workers and officials celebrating a trial run of the lion which runs to the foot of a sacred mountain. as family traces its roots back to now back to the north korean government is building a large tourist center there as part of

a push to make the country more self-reliant. and his recap of the stories we're following for you here on the w. business. a moment of truth on break that the pound is on edge as our officials as the u.k. and the e.u. scramble to secure a last minute to punch a deal. and fish farmers look on with concern a messy break that could mean trouble for the u.k.'s top food export salmon. been his will get what you need only if.

i am.

the be. after the fall. let's see what's in store for you from the world of culture. for the very 1st time a photographer has received peace prize for his. emotionally charged pictures. will roll material. more specifically. his canvas.

commission with his printed. the peace prize of the german book trade was inaugurated in 1950 with reflecting the publishing world's commitment to the promotion of international understanding this year for the very 1st time the prize has been awarded to a photographer indeed a very special one the brazilian. concentrates his efforts on 2 main subjects the exploitation of people. the exploitation of nature the resulting photos are amazing. who 1st gained international acclaim for these photos taken in 1900. the show workers at the set of the world's largest open.