has blood on it from the arms that have yet to feel. what should be done with the stone or from africa. this is being hotly debated on both continents. so my soul starts september 7th on g.w. . the world's 3rd largest economy sees its worst showing since martyr records started a double whammy of falling exports and we consumer spending pushes japan's a place where recovery may not be quick in comic. the turkish lira falls to new lows as people find themselves able to pay for less and less with their money they're worried about running out of things they can afford. and eat out to help out that's what the british government wants its citizens to do but could it be

a recipe for disaster. this is the only business imes in the elder milan in berlin thank you for joining us japan's economy shrank almost 28 percent in the 2nd quarter its worst contraction on record now it's hardly alone in that club fellow big economies like the u.s. the u.k. and germany where just registered crippling declines to but japan's struggle is unfolding amid conditions that were already difficult. to send it on japan even before the coronavirus hit the world started largest economy was stuttering along the road all the damage is of a record breaking magnitude and many here are concerned about the road ahead. the move. will mean i think the situation is very difficult we have to keep the economy moving but when i see the virus infections i know we have to slow down

a bit i don't know exactly what we should slow down i'm worried. strictly speaking dot is this man's job the economy minister says the sharp fall was expected after forcing businesses to shut you know. we will continue to make the most effort to get the economy growing again after it bottomed out in april and may. the collapse was blamed on plummeting private consumption and a fall in global demand for exports like cars. the delay to this year showcase event the olympic games has only compounded the hardships. continue you must have high expectations for the olympics really but you never know what will happen to people who may not come from overseas even if the pandemic comes down in japan. earlier this month the famous rings were dropped from tokyo as far as the money

spending games were until 2021 but even then they may not go ahead without a coronavirus vaccine. our correspondent joins us now only what's being done in japan to shore up recovery. well even more money is being flooded into the market on top of that which was already being given to the economy into the markets before corona said in a huge program to give you an idea equals about 40 percent of the country's g.d.p. and it includes for example has cash handouts and 0 percent loans. but are those that measures working. they don't seem to be working very well yes to pen is doing better than western counterparts but it's lagging behind south korea and china for example and economists are connoisseur not all that confident that there will be a quick recovery japan can help perhaps by saving the economy from from

full lockdowns that's not possible in the country anyways but people are a little specks skeptical because even going into this japan had the tax increases for example not to help. thank you really parts there in frankfurt for us . to turkey now where the currency the euro can't seem to stop slipping their mission purchasing power is fuelling anxiety in the country we'll hear from voices on the ground in just a moment but 1st here's the situation as it stands. many tarts are worried how much more will their economy shrink things were bad even before the coronavirus hit but the pandemic hasn't just brought to risen to a halt the entire economy is collapsing as confidence disappears the value of the turkish lira has been rapidly falling losing about 20 percent on the u.s.

dollar since the beginning of 2020 people in turkey are exchanging the earlier into foreign currency such as the u.s. dollar and the euro on a massive scale bank reserves are also due in doing so there are no charging fees for withdrawals of foreign currencies this way they hope to slow down the decline at least somewhat. our correspondent giuliani joins us now from istanbul julia the current virus crisis has surely furthering dampened hopes that only rise fall will be stopped any sign that it will. the president and his finance minister are trying to brush off concerns over the weakening lira saying that the fluctuations against dollar and euro are only temporary and the economy would emerge stronger many analysts however disagree they say the current pattern in the layer above all reflects a lack of credibility over our economic policy over the past 12 months we've seen

foreign investors pulling out large a huge volume of funds from the country now add to this the current crisis in the tourism tourism revenues are an important source of foreign currency for turkey but arrivals were down 75 percent in the 1st 6 months of 2020 as a result of the coronavirus pandemic and international travel restrictions so now some hope this might change in orcus to some countries like russia would germany have fully or partially lifted their travel warnings for tacky but the damage has been done the crisis has left a huge gap in turkey's finances so a bit of denial there from the official side as we can see but how is the euro slide affecting the people of turkey what are you hearing. well turkey was just wrong spied a currency crisis 2 years ago and memories of this are still fresh in people's

minds so just as turkey was trying to recover from the recession the coronavirus append demick struck hard and that has dramatically affected in many people's lives i spoke to people here in istanbul let's listen to what they had to say. really makes me angry because the money i am losing value by the day and i really wonder how i will be able to carry on with my life. actually everything goes out of control the cost of living has increased immensely what i bought for 3 larry yesterday cost 6 lira today or even more. there's no such thing as a currency crisis rich businessmen are to blame the invest in gold whenever they want on their own from dollars by investing in dollars. well it's not just a rich businessman really it's many ordinary turkish people who have taken their savings to buy gold so local holdings of hardasses such as dollar and gold have

jumped to new records here in turkey so many people are trying to play it safe as they say so much and since he over their future uncertainty is a good word to describe it and of course there are fears of a total economic collapse as well are they justified. well analyst oh really paint a rosy picture here and this is because there are so many factors playing into this geo political risks the pandemic of course but also turkey's unconventional economic and fiscal policy moves and a diminished in the panda's all the country's central bank many argue that the also they could also docs thing to do now would be raising interest rates but we know that present one is strongly opposed to this he has once called high interest rates are quoting here the mother and father of all evil so analysts say if doesn't

manage to boost confidence in its currency we will see high inflation and even a balance of payment crisis julia hahn thank you for your reporting. walk past restaurants in the u.k. and you'll likely see diners out enjoying discounted food it's all thanks to a government subsidized it out to help out project designed to revitalize britain's restaurant sector for many brits it's too good a deal to pass up but others are finding the scheme a little hard to swallow. seafood says those in the kitchen it's lunchtime in shall bella. job it's a full day mobile somewhere where people are going to be somebody going up it's a bit like health things were before the pen demick here in london plates full of italian classics sit in front of plenty of diners the difference now it's all for half price but it's not the restaurant serving up the bargain it's the british

government prime minister boris johnson and his finance minister and she soon to be different parts cannot stay within your feet tied having a restaurant or anything be conducive to the poll like the brits are indeed eating and drinking courtesy of the government mondays through wednesdays for the whole month of august up to about 11 euro's per person that includes drinks but not alcoholic ones the goal full restaurants. coffee. he was a big key part in practical so it's good discounts i strongly believe. i can show you the book this is my day. he says choose a. piece of wednesday. and you can see now face and place to be easy 50 percent off where ever food can be found to help out the struggling restaurant sector and stimulate the economy the government does shelling out a half

a 1000000000 euros for the scheme but critics worry that spending time in restaurants is not without its risks and doctors like jenny vonn say it's downright dangerous. personally i haven't done it to help simply because i am worried about a 2nd wave and senior doctors have basic basically been warning about it i think it's wrong to encourage people where you know they could be in a very tolerant enclosed spaces and they can't observe social distancing and they won't necessarily be wearing masks criticism notwithstanding channel bell is already fully booked for the evening that's not usually the case then again the government doesn't normally foot half the bill. france is sending more experts to the indian ocean island as damage control efforts from last month's oil spill continue a japanese cargo ship spilled 1000 tonnes of oil off the coast of the island in

late july after hitting a coral reef the ship split in 2 on saturday and a rescue team is now planning to drag part of the ship into open seas to prevent further damage to the coastline. and that's it for me and the business team here in berlin for more you can always go to deedle deedle kong slash business or follow us on social media thank you very much for watching.

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another visitor nothing yet you want to become a citizen. in for migrants your platform for reliable information. this week on world stories. street vendors are back in china. learning to dance with distance but we start in south africa animal welfare activist spear that poaching is on the rise many people have lost their jobs since the coronavirus lockdown began and are desperately trying to find ways to feed their families. there's hardly anything left of this right now poachers tried it

about a week ago and cut off its. investigators found 2 shell cases but collecting any solid evidence is difficult considering how you got here before them. one gets used to a lot of things you can get used to to this spot in the day of animals but you can never get used to the carnage. your voice feel bad when you see this especially now the driver number has decreased over the last couple of years and you know that this is just one of not many left. that makes you said. most of the world's $20000.00 rhinos live in south africa about a 1000 are killed each year. it's huntington village on the outskirts of the park 80 percent of the locals live from tourism according to a village elders.