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To the u. S. Government shutdown after more than a month with air Traffic Controllers calling in sick flights were delayed or canceled at new yorks la guardia and other National Hubs then washington came through with a deal. An agreement between President Trump and democrats in congress with no money paid for a border wall and sure things will go back to normal federal offices will reopen as well National Parks workers will get paid and their relief. The shutdown was really traumatic for a lot of people and i think it put a lot of American Workers in a really challenging financial situation and i think that in the future i hope that shutdowns like this are avoided the family will be able to pay our bills will be able to hear anything you know the off the street and out begging for food. But the economic damage is done to shut down came over the white houses demand for five point seven billion dollars for a border wall now analysts standard and poors say the shutdown cost six billion dollars mostly due to lost productivity and weakened Economic Activity the council of economic advisors within the white house picks the cost even higher estimating a weekly loss of point one three Percentage Points of quarterly Gross Domestic Product according to their numbers the month long dispute could cost the economy about twenty six billion dollars and it could all get even more expensive the current agreement will last for three weeks it is unclear what happens then. Joining me now is our man on wall street yes carter welcome to the program. Varying estimates there in terms of just how much the shutdown will end up costing the American Economy how confident is the government that these costs will be recovered. Yeah at this point it is rather difficult to really put a price tag on the damage from the Congressional Budget Office we get the official numbers so to speak that the u. S. Economy might have been affected in the amount of eleven billion dollars alone in the First Quarter Economic Growth could be heard by point four percent but overall estimates are that some of this money will flow back into the u. S. Economy mostly because governmental workers who did not spend their money might do so a bit later but from the Congressional Budget Office we hear that about three billion dollars might be lost for good and then we do not really know for example what happened to contractors who did not get any businesses from the government saw the damage at the end could even be a bit higher but right now estimates are that most of the lost money will flow back into the u. S. Economy just a bit later. And yet the end of the shutdown doesnt appear to have given any lift to u. S. Market was that well i mean in the first place weve seen that in the past that shutdowns hardly affected the economy in a broader scale ok now this is the longest shutdown in history still things might work ill do a bit different this time around but we did start the week on a weaker nold specially because all for Corporate News we got revenue warning from the chip maker in video that stock alone dropped by about twelve percent also cater piller out with Earnings Report that came in much lower than expected that stock by a good one percent and what those companies have in common is that both mentioned Slower Growth especially in china why business is not doing as good as hope for our financial correspondent and clark are there thank you for analysis. Barely sixty days before brides it and counting down southeast british lawmakers are bracing themselves for their tuesday vote on a number of amendments to Prime Minister to resign his brags that plan b. At best its thirty pounds to unite behind a vision of future u. K. E. Relations worse they risk crossing out of the block without a deal so many people in britain its a time to keep all their bases covered. These are the man tammas provisions enough for five people for several months including their cat and dog. The mans are from cornwall southern england and their stockpile in supplies now were not providing for war famine were preparing for plex it. Levine and her husband have always been against britain leaving the e. U. And everything theyve heard from london in the last two years makes them think it is going to be a chaotic process. Theyve got a water tank with filter and plenty of batteries because the u. K. Currently gets a lot of its electricity from europe. So were being a bit balance stimulus to quit not expect next be unexpected power cuts frequent maybe more rationing of power much like the seventys where there was certain times of the day where they wouldnt be power. So the family has even started growing their own vegetables in the backyard but is this all a bit too much maybe nevertheless nuveen says they are simply going on what their government tells them. The u. K. Government has then said they expect up to six months oh. In imports running around fifteen to twenty percent efficiency i think. So were now increasing because we had underestimated what we might need. One third of all food stuffs enters britain through the port of dover. If britain leaves the e. U. Without a deal there could soon because some shakes here along with traffic jams and Food Shortages the government has asked Many Companies and supermarkets to stock up on supplies food wholesalers have been stockpiling enough product for about six weeks but there just isnt enough Storage Capacity for more thats why the man family has decided to stock up themselves. Just over five months after greeces final exit from the years of bailout programs its getting ready to return to the bond markets it sets of issue a five year bond with a Maturity Date of april twenty twenty four zero greece isnt actually pressed for money from the bond markets at the moment but the bond sale represents a psychological milestone showing that the once beleaguered economy is normalizing. There are more and more signs that the economy is recovering in Greece Athens is now testing the bond market the goal is to raise about two to three billion euros according to the debt agency of the ministry of finance in the meantime the country has regained a solid cushion goalie. Everyone has begun to acknowledge that greece is a different country now. A country where the terms of the preconditions would have been created to finally leave the crisis and the reasons that created the crisis behind us. Move on because you seem business. In addition the greek Prime Minister announced that after years of reforms and austerity he would raise the minimum wage by eleven percent to six hundred fifty euros a month. From my point of view i think this move is the least we can do for workers who have suffered for those that during the crisis saw their wages being decreased or cut. The increase in the minimum wage is expected to go into effect at the beginning of february the first tangible improvement for workers in greece in more than eight years. Waste not want not what to do with the way especially Plastic Waste is amounting problem everywhere well some environmentalists from kenya have announcer sussed about. The good ship flip floppy set sail on a mission its the first sailing vessel built completely out of Plastic Waste incorporating around thirty thousand flip flops and other garbage the team took two years and ten tons of plastic to build this ten meter vessel on lamu island off the canyon coast we had this dream of. Recycled plastic to us there was so much crying about the plastic. We feel pretty eight million tons of Plastic Waste end up in the worlds oceans every year and some of it makes landfall here in kenya this group of environmental activists want to change that they collected garbage and raised money to build the boat they even have the support of the United Nations program to combat Climate Change it seems so simple to me its so obvious the motivation is just to share something positive we wanted to have a colorful beautiful message and thats what the flip flopping really clear positive message about plastic being valuable. And aside from floating a message to save the environment so far flip floppy has managed swimmingly on a five hundred kilometer voyage from mood to zanzibar. And that set from the end the Business Team here in berlin for more you can visit us on our website d w dot com slash business or follow us on facebook and twitter well even know where this look at Global Markets thank you for watching. If great evil something new and. Bringing you stories of the major stories that shape our world. Is africa. First in the jungle. Doris crane momentum or im. Joined on returning back to freedom. In our interest in. Going into returns home. On the w. s dot com bring it tangs. Youre going to want to fishel estimates more than one point two million venezuelans live in colombia legally and illegally. Returned to. Visit friends and i dont think ill ever go back there to live where i live there again i dont know so im not sure. Witness global news that matters. Made for mines. This is news africa coming up in the next fifteen minutes ethiopia is on a progressive fall off of the ministers in the country are now women but while these decisive changes are being made at the top how much still needs to trickle down to the places where cultural biases still persist. And since hes twenty fifteen election when tanzanias president has seen his support slight power base seemingly fading hope dangerous as he becomes for his opponents

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