now in lebanon the beirut stock exchange is reopening after a turbulent week tuesday's catastrophic explosion in the ports of beirut devastated vast areas of the city many people blamed on years of official corruption and incompetence and took to the streets in anti-government protests that quickly turned violent. cannot business our financial correspondent in frankfurt conrad is reopening the beirut exchange a good idea and how is the situation in lebanon impacting financial markets in western europe. well chris in terms of money flows western europe has been benefiting from the growing instability in lebanon in recent weeks and months you know citizens and that among corporations have been desperately trying to get money out of the country and of course both as a banks in europe european assets are considered to be safe haven for them but of course this is nothing to be passed to kill or be happy about many people here in germany politicians of course people in the financial world are wondering what happens if the lebanese state should really fail are we facing new waves of refugees maybe a