but the land belongs to the power giant rwe. four-fifths of the original trees have already been cleared. the motto of these forest activists is "fight europe's biggest climate killer for every meter of land" they don't want any more trees chopped down for lignite with it's high carbon footprint. around two dozen activists live here on the edge of the forest. once a month they welcome visitors into their camp. michael zobel is a forestry expert. he gives locals tours of the area. opinion here is divided when it comes to mining. zobel wants people to see the forest, the mine, and the activists for themselves. this forest has been here since the last ice age. of course its not all old growth. people living here have left their mark on the land. but it's an old forest. and i want it to stay that way. if you know anything about biology or forestry, then you'd know this is a really special forest. it is one of a kind in europe. >> that so much of the forest with its oaks and lilies of the valley has already been destroyed for coal mi

rwe is the worst performing stock.s is in the german press, speigel was writing yesterday that rwe, they do not have enough money to cost for the cover of nuclear waste disposal. they are 30 billion euros in short. that their back provisions are appropriate here it speculation that they do not have enough money for nuclear clear up. edf, down by 4%. morgan stanley downgrading them today to underweight. concerns about their earnings per share did -- per share. meanwhile, they're going to keep on spending on investments to curve that storm. --to curb that storm. jonathan: caroline hyde, thank you very much. stocks have been in the budget airline sector. guy johnson is standing by at the low air congress and london. -- in london. guy: thank you jonathan. i'm joined i alex cruz, the ceo of whaling. group.a part of the iag some of your competitors have a good summer -- had a good summer. did you have a good summer? alex: if you didn't have a good summer, you're not doing something right. guy: how good is the winter going to

speaking of the energy theme, i want to show you our rwe. stock is being booted out of the euro stoxx 50. , take a look at the chart. the reason is what has talked to the price over this year. a drop of 48% this year. last week, what we saw was the stock price, i have circled it for you, it hit its lowest level 1992 which is one bloomberg began to track the stock. it is not the only stock that is being booted off at the stoxx 50. rwe, germany's biggest power producer and the reason it has been suffering so byh it has been dragged down a slump in electricity prices. it will be off of stoxx 50. it has been on there for 70 years. there could be a review of whether it will stay in germany's dax index as well. guy: thank you very much. stay up to speed with the markets. let's get some analysis on how the markets are doing. good morning to you peter. dow saw the biggest monthly drop in five years. give us the benefit of your experience. what you think happened in august? to obvious reasons. there was always likely to be a monetary policy shift. se

at rwe down 1.5%. it is not one of the worst performers but this stock has dropped 48% this year. has been dragged down by a slump in electricity prices. it is germany's largest power producer which means it will be booted off the euro stock 60. that is the blue-chip index. it has been on it for 17 years but as of center 21st it will no --ger be on their cash there. this is also off that euro stocks 50. other oil and gas stocks have been writing -- rising. we are seeing crude oil had down today but that comes after three-day rally. the biggest rally in 25 years. jon: equity markets are trading off the back of the chinese fallout. trading not very well. gaming revenue has plunged once again, this time by 36% which ofks the 16th straight month losses. things do not look good for the world's largest casino market. tim joins us now from hong kong. break this down for us. is it all about chinese economy or chinese regulation? >> it certainly plays into both of those contexts. there is some good news and bad. the good news is that we were flat sequentially. you want to look at that from

rwe was down i 3%. they sank as much as 14%.ssioning nuclear plants and that will be insufficient. i want to finish with the strange day. fascinations, gyrations, call it what you will. stocks finish tire, but it wasn't straightforward -- higher , but it wasn't straightforward. pimm: coming up, everybody remembers their first job. the remember how challenging it was to actually get it? one company is trying to make it easier. $.78 or each dollar a man earns. retirement,ans for we've got that coming up on the bloomberg "market day." was recentlyuv revealed. matt miller is here. he spoke to michael winkler to discuss it. go ahead. matt miller: it would make sense. it's supposed to be a nod to the yga region. i've heard them say it different ways. that is because of the region. talk price and tell me what can of my great you get for the price. matt miller: the price is $230,000 before you at any options. options ares that very expensive and you need as many of them as you can get. the price will probably come closer to $300,000. it