and the legend has it that when he came around when when quincy jones michael jackson came around the fire caught on fire ok that's a great way to go out of this interview simon thanks very much for joining us this morning this is the interview news live from berlin for the entire team thanks so much for being here stay with us for more business was coming out. every 2 seconds the person is forced to flee their home. the consequences into sastra so our documentary series displaced depicts traumatic humanitarian crises from a problem or a. funk a thing we don't have time to think i didn't go to university to kill people.

paying people feel for their lives and their future so they seek refuge abroad but what will become of us who stay behind and simply. my husband went to peru because of the crisis. if he hadn't gone there we would have died of hunger on account. of displaced starts october 16th on. president trump but ends negotiations over a stimulus package for the u.s. economy congress is not able to agree on how to prop up businesses and consumers the fed warns of quote oddnesses serry hardship for americans also coming up for years germany has been striving to increase the number of female executives so why

is their number actually declining and will take you to south korea which has turned itself into a global hub for electric mobility. i'm 1st welcome to the program the financial markets are in turmoil. after a crucial announcement u.s. presidents donald trump said he was ending negotiations for a new congressional pandemic relief package which was likely to include aid for unemployed workers airlines and small business the dow jones industrial average closed 400 points lower as a result of the announcement asian markets far from being upbeat and european indices pointing downwards following mr trump's tweet that he would only entertain the idea of a new aid package after winning the election democrats and republicans in congress were already struggling to reach agreement divided on price tag and exact priorities u.s. unemployment remains stubbornly high with industries like the airlines taking an

especially hard hit. now the u.s. president's extraordinary tweet came hours after u.s. federal reserve chairman urgently appointed for just such aid from congress mr powell warned that without further help the u.s. wrist really rests in recessionary downward spiral with tragic outcomes for the most vulnerable part of what he had to say the burdens of the downturn have not been evenly shared the initial job losses fell heavily on lower wage workers in service industries facing the public job categories in which minorities and women are overrepresented combined with the disproportionate effect of coded on communities of color and the overwhelming burden of childcare during quarantine and distance learning which has fallen mostly on women the pandemic is further widening divides in wealth and economic mobility. the chairman of the u.s.

federal reserve jerome powell speaking there now the annual golden recall of a normally sees millions of chinese people travel internationally this year due to the pandemic they are staying and china the country's tourism ministry said 425000000 people traveled within the country during the 1st 4 days of the holiday week alone because sales from china's biggest online travel portal shows that local tourism is already back to 80 percent of pandemic levels china hasn't reported any local corona virus infections for weeks. for more let's bring in d w correspondent sold sign hand in taipei welcome mat so china's golden week holiday is are drawing to a close what do we learn from the economic figures during this period. well chris even though the domestic tourist bandying drives more than 30 percent

compared with the same period last year is still a marked rebound from the low levels of consumer spending in. the outbreak of the corner of ours and during this period millions of chinese families have taken. advantage of the break to meet their families and friends and these people made up of 600000000 tourists everywhere in china many of them still wear face masks but they are not required to do so the only thing they have to do is to show their health q.r. codes when crossing promises or enter into certain tourist hot spots so you can see the how china has recovered from the pandemic and with this social vitality china is suspected to be the only major country to achieve positive economic growth this year another school to read spending seems to feel helping hong kong to boost its economy this time why is that. well according to the

data released by the hong kong government the number of men visitors to hong kong from october 1st to the 4th was only 658 it's a 99 percent plunge from last year's total number of around 6 170000 arrivals and it's mainly because a 1000000 tourists are still subjected to a composer record holder which has been extended to the end of the year meaning that they will still have to be quarantined for 14 days after entering hong kong and that's why only so few people wanted to go to hong kong and turned home khan's corn week into this freezing cold week. correspondent so on hand in taipei thank you. german daily how to spot published some interesting findings lately and compare teams of investment bankers and their profitability it turned out all female teams even though rarely found made more lucrative investments than all male teams so if women in charge take profitable decisions why

does a recent studies suggest that the number of female executives in germany is actually declining. jennifer morgan broke ground in germany when she became the 1st woman to lead a tax listed business and me a few months after her appointment at the software giant as a p she was ousted women are hard to come by at the top of large companies in germany in fact a new study published by the albright foundation suggests the share of human executive board members is declining meanwhile companies abroad tend to put women in top management positions more often in the 30 largest companies in the u.s. women make up almost 30 percent of all board members in sweden and france has risen to more than 20 percent while until you have made improvements over the last year in contrast germany saw a decline of around 2 percent not even 13 percent of board members off the mound

the old brand foundation calls it a male monoculture it found that currently there are more men called thomas on the board of directors than there are women while for more of those let's bring in deeper gawkers and she is the head of the albright foundation a group dedicated to promote more women and diversity in executive business positions welcome to d w one of your recent studies suggest that the number of women on the executive board of german companies isn't growing anymore but actually declining why is that . yes we see that germany comes last in our international comparison parchin a female executive has less than half the figures we see in sweden and the u.s. and europe in the ongoing crisis it got even worse and they have lost female executives and recruited new men. seems women at the top are quite good indicator fall the ability of companies to adapt to change to a changing world that's a very bad sign for corporate germany and we the crisis shows that the

understanding off leaks leadership and the advantages of mixed leadership isn't very deeply rooted in term and yet oh it looks like it's the 1st thing to be abandoned so in the crisis in this crisis is the reflex of reaching for the tried and trusted not understandable for companies that are struggling to survive it is that it is not smart is like a very sharks are looking reflex they have understand that they have to build a leadership that last even for the future would there be enough of the mountains the truth from it is yes of course. now there are economists that say that homogenous teams they do have advantages languages codes of conduct communication all of these things are clear meaning to diverse

a group can be detrimental what is your take on that. it's easy yet to lead a very homogeneous group of course and that may be part of the problem interment because the german top management isn't very used to those diverse teams so they may be added as a reflex reject them a little bit. but as you said we do know that they perform better there is a little risk for limiting to think of course and that's a high a potential fine of a nation if such a diverse group is leigh did well so germany shot at the act so that and confirmed it quickly now they're already is a quota for women on supervisory boards in germany and has been in effect since 2015 does there need to be one for executive boards as well. various companies should set themselves and this is go it's just for the reasons

that i just tells you because it's in their own interest so they shut they shut it hard their own interests work hard on it and. gender should of course not be a criteria for high profile jobs at all that's what we're working hard at we don't have female or male leaders and we just have leaders in the end that the gender doesn't play a role and emaar. we're still not there so we have to look at the problems that women face today in order to achieve a business world where gender actually doesn't play a role anymore we've got a cousin of the albright foundation thank you for your insight you electric cars are pegged to make great strides in the coming years as the batteries are running further and faster than ever before south korea has now taken over the top spot in battery production with new technologies to shake up the market further

. the future is that electric and all over the world the race to roll out the infrastructure associated with there's a is he saying up nowhere more so than in south korea which this year over talked china to become the number one producer of electric batteries. writing high on the trend s.k. innovation the energy and chemical company telling d.w. that improving battery capacity is top of the agenda. the energy density the distance a car can travel on one charge has increased from 150 kilometers to more than $300.00. and i think that in 3 or 4 years we'll see the development of fast charging batteries they can be charged in just 20 or 30 minutes. 5 foot high powered come out of cost and to achieve its goal of having

a 1000000 electric vehicles on the road by 2025 the south korean government has been luring buyers with subsidies of up to 15000 euros. i didn't really consider the environment much when i bought the car but afterwards it made me feel better to protect the environment and save money with saving money and the promise in south korea battery makers are leading the charge towards electric. and a quick reminder of our top story at this hour global markets on the pressure after president trump ends meet goshi oceans over a stimulus package for the u.s. economy the federal reserve warns failure to reach an agreement will cause unnecessary hardship for americans. that's a shock thanks for watching the herself a successful.

from. beirut 2 months after the devastating explosion that the port. is affected come close people including many artists studios and galleries have been destroying creative work in pageant for maine's is. the lebanese government.

3000. next on d w. what secrets lie behind. discover new adventures in 360 degrees. and explore fascinating world heritage sites. w world heritage 360 get the map now. welcome to global st helens. this week we go to lebanon and find out how beirut on scene is coping after the devastating pool lost. in germany a u.s. military and failed has left

a toxic legacy what are locals doing about it. but 1st we learn how the coronavirus pandemic is forcing the knights to say.