but is the country ready for it. and it has all of its to business hong kong's worst political crisis in decades is also causing economic upheaval later carolan says the city is on the brink of recession as it enters its 5th month of program ocracy protests tourist numbers have dropped and retail businesses hurt as they've been forced to shutter their doors during rallies. after 5 months of pro-democracy protests some people in hong kong are tired of the demonstrations and blocked roads the city state's divided community is on edge many were looking to carry lamb speech and shoes there to see whether she would years of the protesters demands she issued a warning things you. need all that there is a large likelihood that for the year 2019 we will see a full year recession that means we will reach 0 to one percent growth so this situation is highly serious in addition as i have stated in the policy address the

hong kong government will closely monitor the development of the economy and take appropriate measures. on the cyclone boni the issue one gets so see. also said her government will tackle protesters who resort to violence head on the hong kong government isn't backing down and neither are the protesters. the standoff in hong kong could continue to hurt the asian financial hubs economy. steve tongue joins us from the university of london chief executive kerry says they'll be no political solution until the protests and that doesn't sound like this is going to end anytime soon. i think you're absolutely right the way how the chief executive is approaching the issue shows this you need it this not to have any understanding of what the situation is and what a political solution needs you have you work for political solutions when you are in a very difficult situation not after the situation has resolved itself to try to have

more of an idea of how to handle the situation what about beijing's chances of muffling this dissent. well not very good because all that they are really trying to do is to stand for. and apply a bit more repression and they really don't understand where the problem comes from to begin with the demonstrators in hong kong are perfectly well aware that these people have an economic price for to pay they are prepared to pay that price they are out here through a fence their value democracy and their rights as individuals will see even the business side of things what could this through to hong kong international business reputation. one thing what is hurting hong kong's international reputation and the economic climate it's not so much that there are demonstrations

major cities like london and paris have had demonstrations and they do not destroy the reputations of those places is the way how the government hendo xit organised handles it which will have far greater impact on the reputation of to place and economic prospects of the city and that is what we're seeing in hong kong stiff sung thank you very much for your analysis from the university of london. school of oriental african studies thank you thank you. lebanese banks were shot again today demonstrations that paralyze the country in the fraud long closure of banks has raised fears of economic collapse the central bank says a solution is needed within days of protests to say it's part of the problem. on monday the protests continued all over beirut in places the blockade looks a little like a street party but looks can be deceptive people are angry. that isn't expected 30

m. and if we do not block the roads then we can put pressure on the government good man came in we need to bring all the people to the streets and not only those who are already here and have done and then the government will be forced to listen to us it's mine and i don't have. a group of protesters also block the road leading the lebanon central bank on monday. dozens of people called for the resignation of the bank's governor riyadh selami. this is the central box at the location where the corruption was thinking for years and this is the headquarters. that we're hearing with leaving in the press for information about the hundreds of millions of dollars that have been taken away from the. calls for the people it's very natural and it shows that the inside is alive it shows that there are youth who have escalations for the life what about the government. and the protests against corruption poverty

mismanagement have paralyzed the country banks schools and many businesses are closed but so far there's no sign of the government giving any ground to the protesters. u.s. sanctions against iran means some rain ians can't get their hands on vital medicines as according to a report by human rights watch despite a tricky situation many iranian companies continue to do business with other countries it means they need to be very creative. this construction site is located an hour's drive from the arabian capital tehran it will one day house a factory that produces medical implants it's the brainchild of underpin or mari i like yari the idea came to him before the united states reimposed economic sanctions against iran the move is complicated business ties with other countries too including germany. from one years ago up to know. the

amount of exports and imports of iranian. youth more than 50 per cent and it's not good news and we ask from the german government that they find the real solution. germany has traditionally been an important trading partner for the country iranian companies are well represented at medical trade fairs like medicaid and dusseldorf like cheap labor and its advanced technology sector have made iran an interesting investment destination for german businesses but sealing deals is no longer as easy as it once was even for ali amare ali kerry who's medical technology company isn't directly affected by the sanctions. can relate to those difficulties he runs a company that makes medical devices used for lab tests the products are exported to armenia afghanistan and iraq but europeans seem to be interested in them too

and they are surprised when they see or pulled out something for iranian products it could have a very good evening don't have a negative post were of sanctions even i heard some countries deal with iranian companies to have standing exit be shien's other of our main problem it is money transfer in to try to find ways to continuing our business. back to the construction site allium arreola is hoping to have about 100 people working here in a few months from now he's not concerned about demand but he is worried about how his foreign customers will be able to pay him pressure from the u.s. has discouraged most international banks from facilitating bank transfers with iran we need to solve this problem have we have a plan to do something with the european countries and companies and would result

in this case but i think at this situation it's very difficult to meet you. despite the difficult conditions marianna yari is determined to attend the next big medical technology trade fair taking place in germany next month. to some of the other business stories making news google's parent company alphabet says its quarterly profit fell 23 percent to $7000000000.00 missing market expectations it says the main reason is rising research and development costs the company is trying to maintain growth while investing in a variety of new gadgets and services. meat substitutes specialist beyond meat has reported its 1st quarterly profit sales the past previous expectations things partnerships with restaurant chain mcdonald's and major u.s. gross across the vacant burger maker is expected revenues about 275000000 dollars this year. holiday makers making history saudi arabia is keen to

reinvented see image and display openness and transparency especially after the damage done by the murder of journalist jamal khashoggi the government's now opened up its visa process to allow in more international visitors. saudi arabia is welcoming its 1st big wave of holiday makers among them this group of polish tourists they've taken advantage of the country's new more liberal visa regime that until recently restricted visits mainly to pilgrims and business travelers certain rules have also been relaxed for foreigners sophie doesn't have to wear the body covering a buyer expected of saudi women. numbers knew about a draw. before we came here i was worried about what i was going to wear because i'd read about the strict dress codes certain regulations so i was concerned about what to wear every day. but actually it's been

a very pleasant surprise for us is. put on a positive thing in. the tour groups trip through the mass market 14 riyadh's old town was made possible by crown prince mohammed bin salmond's reform program aimed at reducing saudi arabia's economic reliance on oil however talk guide mr hart album mood says saudi businesses are struggling to keep up with the changes. along his sort of the target and it is a moving at a much faster pace than we expected and we understand this fast change those changes are positive but we is businesses can't keep up with their speed and we don't have the same level of resources. but with many more holidaymakers sure to follow in this polish group's footsteps tour guides like need to be ready to help them on their way. finally livia

newton john is auctioning off some of the clothes she wore in the hit musical grease one of the top lots is the leather outfit her character sandy wore in the final say the jacket and pants are expected to fit fetch up to $200000.00 for newton jones own cancer treatment center a total of $500.00 items going under the hammer in beverly hills on november 2nd oh my goodness at least. get a flight that's doing business with i'm outta here. every

journey begins. as with the 1st step and every language the 1st word the most critical the koch's in germany. why not a misspelling. who shouts it's simple online on your mobile and free. t.w. szilard in course. terms maybe. slip. carefully. soon be sure to get. discovered to.

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this is the doubly news line from lynn lebanon's prime minister says he has reached a dead end and announces that he will resign saad al hariri delivered the news in response to almost 2 weeks of protests that have paralyzed the country but will this be enough to satisfy the demonstrators also on the program. russia and turkey cease fire in northeastern syria expires because militias have been given until today to leave the area along the turkish border. and british opposition leader jeremy corbin backs the prime minister's.