the dangerous. ones and droughts to climate change become the main driver of mass migration if you can the right any are going to use not if you want and probably most of them to come to. the climate for this sorts of people thirty s. on t w. let's investors look at its books said what they see is impressive growth but they don't see is any way for the right hailing pioneer to make a profit also coming up warnings to the world about growth as the international monetary fund of the world bank kicked off their annual spring meetings china's steps its investment push into eastern europe and western europe urges. congress colder welcome to the program. right shane company has filed documents

ford's much anticipated i.p.o. it is expected to seek a market value of close to a hundred billion dollars making it the largest offering and years were offers right sharing some seven hundred cities on six continents and its ambitions include a broad expansion into freight and real deliveries there is a catch number has never made any profit and the morning fighting says it is unclear if it ever will just recently over rival lift made its debut on the market has lost ten percent of its value ever since. it's a recurring refrain by now but with diminished urgency at a news conference marking the start of their annual spring meetings the international monetary fund of the world bank said seventy percent of the global economy is caught in a slowdown trade tensions debts distress and for policy making aren't exactly

exactly helping. around sixty million containers like bees was shipped around the world's oceans last year filled with electronics or tennis shoes or furniture private new terrorists and trade barriers are threatening free trade according to christine lagarde of the spring conference of the international monetary fund. so we need to better addressed unfair trade practices and distortions in the system including through a w t o. system reform. and we need to avoid self-inflicted wounds including tar ifs and all the barriers. it would be on those areas are having a real effect on trade the i.m.f. expects the world economic growth rate to decline this year to three point three percent but god also warned the developing countries are not benefiting from growth in industrial nations to the same extent they have in the past. as

to our top story here are. issuing documents ahead of its much anticipated i.p.o. and let's get more on that where our financial correspondent conrad who isn't in frankfurt conrad is poised to be one of the biggest i.p.o. zynga years yet is not making any money how does that go together. that's job dropping kristoff that's jaw dropping in particular for conservative market people conservative investors who are used to evaluate companies according to their earnings of course for them they cannot really believe that a company is so bold to come to the market make its offering and say hey it's possible that we never will achieve profitability but you know christoph in those cases of those companies those high growth tech companies the thinking of at least

you know younger you are investors is different remember amazon for so many years it didn't make a profit but it managed to become one of the most valuable companies off this world because investors loved the growth story and eventually of course amazon turned out to make a profit. were rival lyft went public just the other day pinterest is about to hit the market as wild as well why are all these companies going public now. you know if you are a company that wants a listing at a stock exchange what's also very very important is the overall valuation of share prices and you just reported about christine lagarde and the i.m.f. everyone including the i.m.f. is very concerned about what's going on in the world the global potential global economic slowdown in america some people are thinking that america's economy is

facing a recession now in a situation like this of course companies that want an i.p.o. that want to go public have to be quick if they want to grab the opportunity of the overall high valuations are not good and frankford think you. one of the most pressing issues of our time surely is the impact of single use plastics on our lives just last month the european parliament overwhelmingly supported a wide ranging ban on single use plastics in attempt to counter pollution from discarded items that end up in oceans and landfills now and our mental group greenpeace says the world's biggest food group nestle isn't doing enough to reduce its dependency on the material and paid a visit at its annual meeting. instead of concentrating on the company's performance that is a.g.m. this lays top brass how to answer some uncomfortable questions environmental

protection organization greenpeace dropped in uninvited to accuse the company of choking the world in plastic waste leslie is a major contributor to the plastic crisis center environmental problem that we have right now and that means that it actually needs to reduce set of reproduction a target for how much plastic it produces recycling isn't going to solve this problem so we need the absolute production target and they also need to put in place new systems innovative systems so people can go in refill they can reuse and move away from this throw away culture at one point seven million tons of plastic that's how much nest life which east just last year and it's not alone either coca-cola pepsi and many other food companies are some of the chief culprits when it comes to plastic waste it's a major problem for the environment especially in africa asia where many countries

lack of functioning recycling system but nestlé isn't ready to give up its plastic containers just yet to be able to move towards real uses terms of different distribution mortals which would have to do with the big impact on reducing cost and here we really have to test those out to make sure that the consumers. and more importantly and this is really important for. the quality of the safety and health for consumers and we have to make sure that the packages that were changed is safe but pressure is growing from the public and governments the e.u. recently passed a law banning single use plastic after twenty twenty one. it's to japan now we're wrapping a rapidly aging population and severe labor shortages are posing as threats to the country's future economic strengths as the country's robot producing tech industry can solve all parts of the problem japan changed its immigration laws in december

for the first time in its history opening its borders to potentially hundreds of thousands of workers from abroad the law took effect this month but it wasn't popular. the population of japan is aging the demographics are evident in retirement and nursing homes the number of residents is climbing the number of caretakers is falling one possible answer could be migration something japan has resisted. mr moisi says in japanese but so unusual. that. there were these very friendly and i'm very grateful to him. as martinez comes from venezuela only two percent of the people living in japan are foreigners he was married to a japanese woman she died but he was allowed to stay to begin with he was given the cold shoulder by locals social contact with foreigners is rare in this island

nation where even today few speak english and immigration is rare i usually come to the job it's a good while the. other time i go back home. that's all you see. are the heart of the language communication is the hardest part is better to ishtar . before you enter just business but there's been strong resistance to migration it took pressure from the country's businesses to ensure that three hundred fifty thousand killed workers can now enter the country to work in different sectors. and for no more than five years migration activists say that unfair. i think it's out of phobia despite the realities the theory of an ethnically homogenous nation is still firmly rooted in japan but japan can only be preserved

by japanese they only want to have to deal with themselves. as martinez feels at home in japan has lived here for almost thirty years but the new influx of migrants who will soon be taking on the work of construction sites and farms in fishing or in hotels will soon discover that their presence here is not without controversy. chinese premier league is in croatia meeting leaders from eastern and central europe to talk business this after a key e.u. summit in which he pledged to open up his country's economy beijing has become a huge investor in the region with its spending nearly matching that of the european union but some members fear that china is attempting to drive a wedge between brussels and other european nations using cheap loans and joint partnerships. it by not look like much but this will soon be the site of

a four hundred twenty million euro bridge spanning the adriatic. it's fine in some part with chinese money. projects like these are intended to build a bridge between beijing and states in eastern and southern europe. beijing hopes of further cement its foothold in europe for its belt and road initiative it would see china secure transit corridor for its products from beijing to the heart of the continent. this is the plain sight of a new high speed rail connection between serbia and member hungry. once completed it would be a direct link for chinese goods from the belgian road she wrote into the e.u. . and china isn't just focusing on trade it's invested in this power plant in bosnia-herzegovina as well. and is helping expand vis one in serbia beijing is financing infrastructure projects throughout the region bypassing typical contract bidding by offering cheap loans. but european union observers warn

those loans could come at a high price and they warn china could use them as a so-called debt trap which would see china forcing partner countries to make painful political or financial concessions if they fail to repay their debts. but despite the warnings there's no sign chinese invest in the region has become less welcome. and the dress of this edition of the business for more check out our website at the w dot com or follow me via a twitter or facebook thanks for watching and have a success. take

it personally. with all the wonderful stories that make the game so special. for all truth. become more than such a long line with the worst parts music played for such. a

dangerous. floods and droughts climate change become the main driver of mass migration you couldn't write any book on a piece not if you want and probably most of them will come from. the. start of it thirty on t w. hello and a warm welcome to news from the world of arts and culture i'm karen helm said and here's what's coming up. bauhaus is everywhere and it may be one hundred years old but as one german furniture company shows its classic pieces are strikingly modern even today. as peaceful protest brings about change in algeria one of the country's leading intellectuals novelist and journalist. reflects on his latest novel and how it mirrors some of the social

unrest in his country. and a brand new wooden high rise in norway has become the world's tallest timber tower we'll check it out. well it's hard to believe but the chair that you can see behind me here was created nearly one hundred years ago about how school of architecture and design may have only existed for fourteen years but its influence was far reaching as it sought to unite craftsmanship with art well for the bauhaus and teener e one german firm has in reinterpreted a line of classic furniture proof that its modernist philosophy has lost none of its punch today. this is vaulted gropius is director's chair from one thousand twenty two twenty three. and here's its twenty eighteen reinterpretations. this is grandest.