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A bluff but the consequences are already quite real Boris Johnson wants the e. U. To take a no deal breaks seriously forcing the bloc back to the negotiating table but with every lurch toward his october 31st deadline the pound has reacted it slid steadily against the dollar leading up to johnsons election as conservative party leader it fell after his meeting with german chancellor Angela Merkel failed to produce a breakthrough and then today a slide of more than one percent before recovering some losses. There have been fleeting gains here and there but at about a 1. 22 the pound is muddling around lows last seen more than 2 years ago and it could get worse analysts polled by bloomberg predict a node that could dump the currency to a 34 year low of a 1. 10. Driving those forecasts is the sheer lack of uncertainty over what a no deal would bring coming out of the e. U. Of any sort of agreement its a leap into the unknown its something thats hope to happen before so they would want some sort of formal agreement some sort of trade relationship to continue the current currency slide is already hitting businesses meanwhile including airlines Like British Airways which pay for their fuel in dollars as well as u. K. Retailers who pay for their stock in dollars and there are winners we currency favors x. Porters and tourism to the u. K. Could also rise if occasion is find the country more affordable a Silver Lining perhaps to unpredictable times. The court is taking not only in britain but also in the United States on sunday the u. S. Will impose an additional 5 percent tariff on a list of 300000000000. 00 worth of chinese imports now more than 200. 00 footwear make marketers and retailers including major brands such as nike and foot locker say these new levies would be a job killer in a letter to u. S. President donald trump but they pleaded for them to be removed. I was being an old man on wall street scored against the u. S. Footwear industry is pushing for a last minute change of heart by the president thomas moore. Its not just the Footwear Company its all a coalition of more than 160. 00 companies Footwear Companies like for example im among them and theyre trying to play the u. S. President to donald trump to at least to delay the terrorist soul that we wont to jeopardize the upcoming Holiday Shopping season if i got that correctly so far tells does not seem to be willing to really do this deal a but then again everything seems possible but the clock certainly is ticking and as we know right now we probably will see at least some more tariffs being imposed by this upcoming weekend now despite these looming terrorists wall street was quite upbeat on wednesday how come well that is the big question and trader see on the floor of the New York Stock Exchange are a bit puzzled because we did get some clear warning sides of a possible cooling of the u. S. Economy especially if you look at the bond markets the yield of the 10 year treasury dropped to the lowest level in history standing below 2 percent just to have a comparison last year in november the yield of the 30 year bond actually stood at almost 3. 5 percent and if you have so much pressure on the yield that is seen as a warning sign that at least some investors are worried about a cooling of the u. S. Economy even if we do not see any real sign right now that we could face a recession any time soon but what we do see is big swings in the markets to the downside or to the upside as we have seen it here on wednesday and big swings are usually is that there is some easy it is still some uncertainty in the market and scored on wall street thank you. People in argentina have protested the countrys a worsening economic crisis during what they called a National Working day of struggle and when theres a this hundreds of demonstrators cut off the capitals main transit audrie voicing their anger over galloping prices and the devaluation of the peso the overall turn for the worse also means that one particular aspect of argentinas National Identity as come under threat. Argentina is well known for its beef one of its leading exports but prices are increasing and many argentineans can barely afford steak and cattle farmers have to contend with a sharp drop in the pesos value. Im also going to see where the dollar rose by 20 percent more or less with meat rising by 18 percent but we cant raise prices for the customers by more than 10 percent so thats when you notice theres an economic problem that it would only make or normally go for many argentinians eating beef is a birthright not a luxury but the country is in the midst of a recession the weakening peso is making life difficult for those with low incomes almost are going to eat much less beef because unfortunately we cant afford it and weve got to get used to that. Theres speculation the peso will continue to weaken and some shops will raise prices others will keep prices steady to survive but lets hope they dont go up too much. Cattle farmers hope that the currency crisis is only temporary and are putting off the sale of their cattle to slaughterhouses as long as possible now that reduction in supply is pushing prices higher. And not just some of the other Global Business stories making news apple is changing the way it improves its siri digital assistant after it was discovered apple and other Companies Used human monitors to review audio recordings apple now says the system will not be activated by default and that employees instead of contractors would be reviewing Human Interaction with siri china plans to install 50005. 00 g. Base stations by the end of the year and was made at the smart china expo transmitters will be installed in 50 cities had written British Travel Group Thomas Cook has agreed to a 1000000000. 00 rescue it will be carved up between Chinese Investor from sun and lenders but the bailout is bad for the 2 operators shareholders their stock will effectively be right. And yahoo is ending the sale of ivory on its auction website in japan the company has been on the pressure from environmentalists yeah we had previously to. Night online sales were a contribution to the ivory black market. Turning street lights into charging points for electric cars masts inner city charging stations powered by the sun and giant Battery Storage facilities just a few german ideas that are powering the future of electric mobility all text me are foolish. When the battery of alexa teel is electric car needs charging she goes to the old gas light outside her Company Start up you tricity has converted it into a charging station its purpose built smart charger cable includes an electricity meter and a sim card its part of germanys clean air project which supports ideas for a lecture mobility in 90 german towns with the worst emissions. In the projects that were selected were focused on quickly making electrum ability available in cities especially in the suburbs in order to then publish research on the f. X. Their activities have had it on a citys climate. Thats a subject which has caught the attention of these Chinese Students from beijing they suffer under appalling smaug back home so china is pushing hard to expand electrum ability. And. Its also. In china something has being played kates in china so side take. And. Charge. We also have a. Difference between i think china. And this way. You beatrice a t. Is only one of the 150. 00 companies at the berlin campus European Energy forum also called your it which are involved in electro ability and Sustainable Energy it includes germanys largest electro charging station it offers over 150 charging points their electricity comes directly from the station Solar Panel Roof and these are used batteries from electric cars already is using them to build a giant Storage Facility with a 1. 9 megawatt capacity europes aim is to boost both the Energy Transition and electrum ability street sweeping is also being electrified. And its being done or thomas lee. Mobility is not just about cars there are also shuttles commercial vehicles even buses but theres also micro mobility to ride sharing and so on all of these things are being considered here together and thats a thing that primarily happens at your f. As far as i know thats why we have such a High International profile but these ideas arent meant to be confined to campuses give a tricity is busy converting a fellers and street lights into charging stations just like theyve already done in the british capital london. Thats our show thanks for watching. Coach of fish food for joining us from africa. For links to exception stories from discussions from. Our website d w 2 comes from sri come join us on facebook. For. What do you think what do you get for 0. 50. For fish that i. Know a lot. Of my peers which would just keep me thinking come feels an awful lot of stuff did you know it cost 0. 50 to feed long hungry child for a month for. The few months because. Again if. The fed or. The shared a meal sharing more children. Just 56 spend the top on your Smartphone Smartphone heres number. One. Imagine the impact you and your friends are going to have to gather weekend and global please download the app. This is dean every news africa coming up in the next 15 minutes the 7 countries clashing with conservationists zimbabwe will swetnam of the home to 2 thirds of africas elephants are im happy about the decision to huntin you the baton ivory trade despite their appeals to the International Regulation of. The new good food from the good clue. Is doing something with

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