Send us your story we are trying always to understand this new culture. Another visitor another guest you want to become sitting. In for migrants your platform for reliable information. Whos afraid of a little inflation not the u. S. Federal reserve in a major policy shift Americas Central Bank says it will focus on boosting employment but tolerating higher prices along the bogeyman of monetary policy. Absa the rescue of the nation in geo has developed a Smartphone Application to combat illegal logging. Also on the show will visit the italian port of genoa where the cruise and shipping industries are running out of steam. Flowing welcome to the show im Stephen Beardsley and its good to have you with us its a decision with consequences for home loans Credit Card Debt and the labor market the u. S. Federal reserve signaling thursday that it will keep Interest Rates lower longer after an economic crisis to boost employment even if that means higher prices for inflation a fed chairman powell saying thursday at the feds annual retreat in wyoming that low inflation has been a bigger concern for the economy in recent years than high inflation which can price out low earners. Are lets break this down now with our financial correspondent yens korda in new york. Explain this in a way that we can understand is why is everyone saying that this is such a shift for the fed. Well i mean 1st of all for decades the Federal Reserve try to keep inflation under 2 percent and now theyre going to be a bit more flexible but honestly im not sure if consumers if the population really has to be concerned about price spikes in the near future how does inflation work off some higher wages for example driving prices so it drives Inflation Higher and with the labor market still being pretty painful here i do not see any wage pressure at this point having that set i mean you clearly do see higher prices in some areas of food for example has gotten much more expensive but at least for now i do not really see a huge spike in inflation and what the Federal Reserve did not say is that they let inflation run it to fall 56 percent so it will be roughly around 2 percent of little bit up for a certain period of time but most economists do not really expect a huge spike in inflation anytime soon its a good point everyones been looking for inflation in recent years are you in stay with us when we look at another story thats been this potentially moving markets walmart says its partnering with microsoft and its bid to purchase the u. S. Operations of social media hit app ticktock the american retailer said the tick tock could help it reach customers and grow its 3rd Party Marketplace and advertising businesses u. S. President donald trump has demanded the abstains owner by dance divest its u. S. Operations in the coming months walmarts announcement came hours after tick tock c. E. O. Kevin mayor told employees he was resigning after only 4 months at the helm. All right yet another puzzle why does walmart a big retailer want to social Media Company i dont understand this personally. Yeah i guess youre not the only one of there were a lot of people when they saw this report that they really had to look twice that its really warm going. To talk by the way that the c. E. O. Resigned could be assigned to sail it judy is imminent and might have been even worse than the next couple of days well while much itself is probably looking to catch the attention of the younger crowd so they would like to use it for advertising for ecommerce but also theyre in a battle with amazon dot com and that quote to give them a better position to compete was ever than amazon and clearly walmart cannot be doing this in alone they need the Cloud Infrastructure from microsoft and sold those 2 giants theyre teaming up and trying to catch the u. S. As its probably off to the us canada new zealand and australia as it actually might be worse 20. 00 to 30000000000. 00 so thats the amount that people are talking about but wall street seems to think the deal is likely walmart was up by a good 4 percent and was that the biggest winner in the Dow Jones Industrial average. Falling in the coming days yes quarter there for us in new york thank you. All right tech talk may be all about entertainment but of course other apps have much more serious uses and gonna be a National Forest and in geo is developing one that monitors illegal logging and rewards legal harvesting take a look for. The man using this up wants to remain anonymous because his life would be in danger if the wrong people cause him connecting days or here. He uses the app to report him to thieves who fell trees illegally in northwest indiana. And they. Dont surprise these illegal loggers in the act because theyre dangerous an armed. Only report their actions once theyre gone. And. This teak tree an endangered species was folded legally sworn into pieces and a large part of it was taken away they must have been between 5 and 10 men involved with heavy equipment. To track down the wood perches the n. G. O. s nature and Development Foundation sends local observers into particularly affected areas across the country. The timber trade is one of gone as most Important Industries tropical woods are sold all over the world thanks to dredd timbers that sell for high prices. Junk guitar and company is the largest in the processing in North Western gonna it says its committed to Forest Management says the cation to label guarantees that good products come from sustainably managed. The nature and deforestation foundation not only works to prevent illegal deforestation it also mediates between local people and industry resistance to the timber monopoly has east and instead there is more cooperation in the village of big d. In the south of the country its residents are using taxes from the Timber Industry to build their own hospitals. Every day hundreds of timber transports from the region head from markets throughout the country to places like a month a suburb of a crop. In this big Timber Market the origin of the word is not too closely but the head of the Market Association insists that the proportion of wood with a certificate of origin is on the rise in the north i want my home we have to give it to mars our business does not demand the forest were not our business so we dont this is protected there we gobert that. Things may be changing in ghanas forestry sector but there is still plenty to do for the local monitors who make fresh discoveries of illegally fell trees almost every day. Right now to some of the other Global Business stories making headlines. Delta airlines has put 240 people on a no fly list for failing to wear masks on board in the absence of federal regulations airlines have to enforce their own rules they can deny boarding to anyone not compliant on the plane there is little staff can do to ensure compliance except threaten to ban passengers from future flights. Germanys delivery hero is hungry for more than just online takeaway meals the company has agreed to buy the middle east Online Grocery marketplace insta shop for an initial 270000000. 00 deliver us hero has been one of the winners of the code 1000 pandemic as more people order in an earlier this week accountable. Into germanys blue chip dax index just 3 years after its i. P. O. The global cruise ship sector is a high profile casualty of the krona virus pandemic but officials in tokyo are hoping to refloat the industries that prepare to open a new cruise terminal the 370000000. 00 facility officially opens next month. Of genoa italy is another major port for the cruise industry and as in japan its been hard hit by the pen demick ships now stand like ghosts in the harbor but theres a glimmer of hope on the horizon. It can make you pause for thought the view across gender was harbor for decades there was constant traffic here now the calm is almost ghostly vast cruise ships like deserted during the pandemic no one wants to travel in them. Italys most important port is clearly suffering right now. Going to be spent on italys economy his contract to buy an unbelievable 12 percent and were seeing that reflected here in the amount of goods were handling. The number of containers being shifted in general has dropped dramatically by around a quarter over the same period last year experts say its a symptom of italys wider Economic Situation many goods being handled here come from the countrys key economic regions milan cheer in and. Genoa has been in the wider public eye in recent years almost 2 years ago exactly the citys marandi bridge collapsed killing 43 people. The bridge represented one of the citys main traffic arteries and its last made access to the port difficult trade started to suffer finally a few weeks ago a new bridge was opened symbolizing a new start for genoa and italy as a whole. New bridge gives people here hope our city suffered a huge blow but has stood up again. Our children and our grandchildren will be able to stay in genoa find work here build a future where a generous woman. Yet the citys joy and pride over its new landmark have nonetheless been dampened the euro zones 3rd largest economy has been hit the hardest by the coronavirus g. D. P. Has fallen to the level of the 1990 s. 600000 jobs have been lost all of which is very. Me visible here in its cities gateway to the wells. Right now thats it for me and the d. Business team here in berlin as always you can find out more about these and other business stories online dot com slash business on facebook and twitter im Stephen Beardsley from all of us here thanks for watching. Enter the conflict zone confronting the powerful 4 months to go to the president ial elections in america so no trump is sinking in the polls and numbers form a National Security adviser says he isnt fit to be frozen the day when both of my guests this week from washington how much damage. Done to america and the rest of the. Conflict so far the 5060 minutes. Is for me. Is for. Us for help. Just for her. Is for the. Beethoven is for costs. To be toughened is for the beethoven 202250th anniversary here on. Please. Carefully. Dont. You need to begin to. Discover who. Subscribe to the documentary. This is d. That mean yes africa on the program today dolphins washing up on the shoals more. More caucuses have been found on a beach on the indian ocean i meant is the oil spill caused by a japanese vessel to playing with adults and dads. At the low ball still green books to the people and i do. Hello im kristie one to welcome to the in his africa its good to have your company as always environmentalist and more wish assault calling for an investigation into why dead dolphins have been found washed up on the Indian Ocean Island shoals 7 more caucuses were discovered on a beach and grand sable on thursday its a day off to 17 of those were found near and oil spill like that spill was caused by a japanese ship that strong. A coral reef last month the mauritian says fisheries minister has said that at 1st but on the dolphin dates and dont appear to be related to the spill. Environmentalists say they must be and urgent inquiry to determine the course of the day its. My guest today is stefan goal of Resistance Initiative thats a political posse focusing on ecological and social issues in more rishis as defined is also an environmental activist and he joins me from where he says i welcome to day diving is Africa Stefan so you visited the site with a dull finns was stranded what did you witness. And work we saw. We saw. So we dont construct a more precise cement on how to where and this is where theres a confusion because its also called the drop down and so there were there were 2 bodies on this show in a place. Which is on the south eastern part of the only island and what resort really is a book for her. Mouth. There were wounded one of them has been probably about by your values shock and then when we were. In the sea archery we saw. On those instances there was in the scene but they were a lot of blood on the on the on their back. So this is what i personally. Witnessed yeah thank you for carry find that i for one had made the assumption that you had dolphins and whales thank you for their care for patients but has this stranding off these these dolphins have anything to do with the oil spill in the rishis last month. Right so what we need to know is so yes i want one month back we had the right under reef and that didnt keep this from now we had already spilled and free days from now we had bought the bow out of the bark were sure but was sucked into the into the sea so i think its premature to establish it as a leak or not because its on the yesterday on the 26th of august that we saw the 1st specimen of the dolphins that were wrecking under a shock. But i think that theres a lot of question. In mine its from from what weve seen from what is happening and we dont we want easily by what is be said by the operatives saying that there might not be a link between work and shoot and and so because it would eat might not be if you go to the lagoon now it might not be visible the oil spill might not be visible but if you look at the surface of the sea you can see that there are still i drink of you that are still servicing the sea so that the level of. The law hood is not clearly known so we cannot conclude that it does not have a leak but we cannot jump to that conclusion saying that there is a link arcelor and serry mass. Hysteria has been i guess we call the basic conclusion if theres been no investigation and that know that a number of environmentalists in morriss are calling on the authorities to investigate how do you look one such an investigation to be done stefan very quickly we have to wrap up soon. So thats not the point because theres a breach of trust between her accusing the people now based on what has not been done since the wreck of the of the washer so now were seeing that the analysis is still being conducted under nice only about her gaze and people are environmentalist ecologists theyre calling for independent. Inquiry to be done independent and out of this based on simple principle of science that you need to come to verify and now were going to rely on one street especially when that stream has fear us so far so we are asking for the possibility to access one a piece one specimen of the government is to carry on an independent investigation im not one right that is stephanopoulos speaking to us from russias thank you stefan its. A brief look now at some other stories making news across the continent koolaid as in mali have released ousted president ybor him from detention a spokesman from the ministry gintas say dont think the state has but he says one of the International Mediation teams to months its been made by representatives from the west African Group of countries ecowas 4 are currently in the country meanwhile the European Union ses it will temporarily freeze its operation and. The important thing is to stress that our missions in mali civilian and military reasons ive been put temporary who hold. Because their circumstances didnt allow them to continue their normal activity. And they will start working again as soon as possible we cannot pretend to have used to be in a team and country dealing mentally with an out having me to the capacity from the government and thats what were doing. In the film that whatever the government will be. Quoting we may leave people we will have to continue to do in the. Residence in sudans capital khartoum have been reinforcing their homes using homemade sex says makeshift barry is flooding and torrential rains have been affecting sudan for nearly a month now over 30000. 00 homes have been destroyed and more than 80 people have died according to sudans of course in the capital khartoum and the blue nile and river nile states hardest hit more heavy rainfall is expected in the coming weeks. Many sacks them all along here with them who would stand up and try to block the water from the root so that it doesnt enter the houses. Thats for the street we have given up and the people are welcome it but the houses we can protect them. Forever on them and going 269461948 has never been flawless like this year and the problem has grown and bigger every year but we dont know why we are affected by extensive damage by the water but also by the environmental effects that follows. That more. Police in south africa have fired rubber bullets at demonstrators near johannesburg after they were attacked with rocks and bottles the process is accused of shooting at this able to an age boy in the area of El Dorado Paul Wilson and as. The 16 year old died of his wounds in hospital on wednesday night. We go to ethiopia next where theres a growing number of bookstores in the capital. But the price of literature is going up with the dumond making it a tough sell for them. They have become a common sight on the streets of addis ababa lenders are making the habit of reading more commonplace in ethiopias fast growing capital they describe it as one of several 100000 or in cellars he developed an interest in books doing his childhood outside of the capital. Most are finding out i see and theyre going to help develop yourself 1st person and then introduce me to the many people there are really interesting my friends are also working similar jobs and back up and some very happy to join the profession but this thing on it but the business has become competitive in recent years when he does the work behind his book stand biggest who spends several hours a day walking along sidewalks and into cafes and strenuous work but it widens his reach so i scorn and addressing this is my job my daily bread so i just keep moving and carry the books if im lucky i might sell 5 to 6 books a day but on some days i dont sell anything. This utopian journalist is one of the uses regular customers reading is his main hobby hes particularly keen on history his last purchase was a book o