boss it seems the bobs will be flying once again. you're watching the news for the coming up t w business with my colleague stephen finale behalf of the whole team thanks for watching about. every 2 seconds the person is forced to flee their home. the consequences to say stress in our documentary series displaced depicts dramatic humanitarian crises for profit. for good thing we don't have time to think i didn't go to university to kill people. i mean i hate. people feel for their lives and their future so they seek refuge abroad but what will become of course kristie behind

and simply. my husband went to peru because of the crisis that if he hadn't gone there we would have died of hunger on one of them. displaced stores for nearly 15 going to. the fact that. tensions are rising in iraq and oil producers are tightening security could friday's spike in oil prices be taste of what's to come as investors fear retaliation for a high profile killing. also on the show south africa braces for another economic blow as a 3rd ratings agency considers demoting the country's debt to junk status. and will hit the road in the u.s. and meet some hard travel emmas on workers. this is your. business report i'm

stephen frears in berlin thanks for joining us. companies operating in iraq are tightening safety measures after the u.s. killed a top iranian general drawing vows of retaliation from tehran oil refineries and shippers in the persian gulf have been targeted in the past for iranian sponsored actions in global markets are clearly fearing a repeat all prices rose on friday and stocks fell. the u.s. airstrike has sparked concerns that regional tensions could escalate further but tension disrupting crude supplies the strait of hormuz located between a man and iran connects the persian gulf with why does the ways some 20000000 barrels of oil pass through this choke point every day any hint of trouble in the region sends the prices climbing the persian gulf is home to 3 of the world's top 10 oil nations when measured by oil reserves iran's mainstream exports have already been squeezed by u.s. sanctions but iraq has become one of the region's biggest exporters and now it's ground 0 for the current crisis. news of the nation pushed brant crude up just

over 4 percent on thursday where it's at $69.50 a barrel before settling its the biggest price jump since a mid september attack on saudi oil facilities which briefly slashed output in the world's top exporter by half global markets fell on the news of the latest strike investors bracing for worries turns to safe haven assets such as bonds swiss francs and gold which notch to a 7 year high late on friday. let's go now to our financial correspondent in new york ian's korda. yens good to see you almost 4 percent spike in oil prices today can you help us put that in some sort of perspective. you know well times have changed so if you look back 10 years for example with incidents like today or yesterday we probably would have seen the oil price spike by at least 10 percent or so but by now the united states actually is the biggest oil producer in the world

and sold there for at least the united states does not really depend so much on oil from the middle east and the longer and if you look at it historically take $990.00 for example the time when the 1st gulf war started gas prices at us by a good 10 per cent or $7980.00 around the iranian revolution gas prices increased by more than 30 percent and so times have changed and yes we saw increase in oil prices but by far not by as much as we would have seen it probably like 10 years ago when the u.s. was in such a dominant force when it comes to oil production. how is the market reacted otherwise to the shock today. you're clearly we did see a nervous environment and nobody really knows what's going to happen when we might see iranian retaliation in

a couple of days or so we did see the stock prices coming under pressure and that was because of higher oil prices and the other side if you look at the stocks of the big u.s. defend the country actors they actually were among the biggest winners overall blue chips lost a good point 8 percent in value so that wasn't too massive but the sentiment overall is clearly nervous all right with the latest from wall street thank you. and one big winner today on wall street was u.s. electric car maker tesla it reached a new record for cards liveries in a quarter pushing out 112000 vehicles in the last 3 months of 2019 that milestone also beat analyst expectations the news which sent the carmaker shares soaring to new heights follows another production milestone for the firm tesla's 1st model 3 cars built at its chinese plant in shanghai rolled off the production line earlier

this week that could help it solidify its position in china the world's biggest car market. carlos go and walked out of his tokyo apartment but flew out of the country in a large audio equipment box that's according to new reports from japanese broadcaster in h.k. and the wall street journal which are filling in details of the former nissan red no chairmans flight from justice the journal reported that a private turkish flyer has filed a criminal complaint against an employee who it says concealed guns presence on 2 charter flights from osaka to is then bull and on to beirut. let's take a look now at some of the other business stories making news around the world. u.s. manufacturing activity contracted for the 5th consecutive month reaching its lowest point in a decade that's according to the institute for supply management its monthly manufacturing index fell short for analysts who had been projecting

a rebound the elec has improved however given the u.s. trade deal with canada and mexico and another with china. garion authorities say they will call another 24000 pigs after detecting a new outbreak of african swine fever gary has already killed 130000 pigs through the disease many fear the highly contagious disease which does not infect humans could decimate the country's pork industry and there are concerns it could spread to other european countries. german carrier lufthansa has announced plans to hire 4500 workers in germany switzerland and austria so the jobs will fill vacancies while others are new positions but according to the airline more than half the jobs are for ground crew labor relations have been a sore spot for live tons of in recent months. to south africa now where foreign investors unloaded nearly $10000000000.00 u.s. dollars worth of the country's stocks and bonds last year the largest selloff in

over a decade president cyril ramaphosa has failed to jumpstart the economy after 2 years in office and indications are mounting that the country is sliding into recession and that it now stands to lose its last investment grade credit rating in a matter of weeks. many south africans were buoyant at new year's celebrations in cape town. 29000 was an experience by expect 2020 to be much better and i have high expectations for 2020. but investors have other expectations and are bracing for another kind of a bang in february. south africa already has a junk rating at fishes and standard and poor's and moody's mode its outlook to negative at its last review sparking fears the country will be relegated to junk status at the next trading in february the world bank has lowered its growth

forecast for the mid-term from 1.3 percent last spring to just less than one percent for last year the job outlook remains weak with unemployment at 29 percent and government debt is now projected to grow to 71 percent of g.d.p. by 2022 up from 57 percent just over a year ago more and more public spending is going to distressed state owned companies like power utility eskom and national carriers south african airways is south africa is rated junk by moody's analysts say it would trigger a massive selloff by institutional investors. is that the new american dream that the road live by the seat of your pants work customer relations for amazon for some americans that's no dream it's a reality even as many workers complain that the growing gig economy leaves them untethered others say it works for them correspondent oliver salat caught up with a few of them. the recreational the hey kill the r.v.

a symbol of freedom. home is wherever you take it and were ever work may take you. a campground your analysis on where house and sheep are on kentucky is home to a round it doesn't work camp curse it's 2 pm time to get up for robert barker he works the night shift. good morning good morning robert how you doing and. how is your shift it was great ok yeah easy money man you know basically robert you have your whole life inside that van yeah i've been living in my van for 6 years now. working seasonal work for amazon and i've done some also i've worked a job in alaska salmon cannery i've worked a beat harvest and. amazon has been really good to me and it's really

easy money and allows me the freedom to do what i want. robert is $46.00 he has no partner no children and very few expenses and isn't pace's camp side his health insurance and $15.00 an hour when he works managing customer returns it's a temporary contract for a couple of months. the cantar family lives next to robert. over ivan 3 to our new. 80 year old ivan cantor is the oldest employ yet amazon's hebrew and warehouse he and his wife laura rein work to top up their pensions and they say to have a better life personally i need a home base ah. but. that the for me to get out. and this get for free opportunities to do that. more financial security but you

have to hit the road to get it perhaps not everyone's dream but it seems to work for some. in a lot of criticism about amazon and concern about the growing offline tree industry would mean for work environments in the united states but one thing seems to be clear though the work campers in kentucky not quite happy with the lifestyle they chose. that's it for me and the business team here berlin to check out our website u.w. dot com slash business for more stories like these i'm seeing tears in blood it's watching.

the plastically. is it harmful to humans. more and more micro particles in the ocean are entering our food chain. to the folks not only is it hurting the empire but is it also bad for our. german scientists warn the alarmists to live. tomorrow today next d.w. . a

mixed ethnic spat cast into one dance company 12 exceptional dancers from across the globe are brought together by one of the most exciting choreographers of our time. that's the kind of carry you a church of god and the ballet of to france. in 30 minutes on d w. 50 years of religions for peace people from many different things are working together toward a common goal of peaceful resolution of religious conflicts. now all female members of religions for peace from the middle east are demanding a larger. 0 common ground is empowering women giving them the rule

making them agents of change to spread. the female peacemakers stores january 5th t.w. . welcome tomorrow today the science show on d w coming up are micro plastics harmful to our health scientists are studying fish to find out more. clicks shares and likes what makes social media so addictive. doctors with headsets how augmented reality is changing medicine.