manila's growing thirst for water threatens to wash our villages living upstream from a new dam project we have an exclusive riffles. this is business asia your update on asian and global business news on the w. as well come markets in asia down on monday as investors responded to mounting tension in the middle east this comes amid the continuing fallout from the killing of iran's top military commander so they money u.s. drone strike on friday worries about potential conflict in the region have pushed all prices even higher after friday's gains this time more than 2 percent edging past $70.00 a barrel on monday as a big concern for asian economies which rely heavily on the middle east for their oil supplies. as well as check on european markets today with charles he delayed joining us live from frankfurt charles the. tensions visible in trading in frankfurt. investors are certainly rattles here in frankfurt but also as you

mention globally by what happened over the weekend and particularly the escalating dialogue and threats of retribution from both sides here in germany the docks is down about 1.4 per cent that's adding to a loss of about 1.3 percent on friday of the euro stocks a broader index of european stocks is also down to 0.8 percent one of the key things investors are going to be watching is really going to be the oil price is $1.00 of the concerns is that this could lead to a disruption in oil supply like we saw in september and that could really impact a lot of economies consumers companies we're already seeing this play out in the airline sector here in europe which obviously is a big consumer of jet fuel and fuel so they. have tons of the german airline its stock is down about 2 percent and ryanair. and air france are all down about 3 percent so i think investors are going to sort of wait and see what else

happens what the next steps will be from both sides but they do seem to be a sort of preparing for more uncertainty so it's doing the thank you very much. netflix sees itself as the future of cinema but failed to make the impact that was expected at sunday's golden globes in hollywood this trimming service had led the way with $34.00 nominations across t.v. and film but only managed to score 2 awards best picture was won by universal cement as production 117 b. to netflix the irishman marriage story and the 2 pope's h.b.o. won the battle of the t.v. production companies winning 4 awards including one for its historical drama noble . on f.x. may have come out of gold the golden globes disappointed but the future seems to be bright its focus are still deep and it's movies are not only getting more critical recognition they also keep bringing in subscribers or challenges all the

traditional movie industry. despite receiving far more nominations than actual awards at sunday's golden globe ceremony it's clear that netflix has become a tough competitor for the world's leading film studios with high quality in-house productions like the 2 popes and the irishman the streaming service is making life difficult for traditional broadcasters cinema operators and hollywood as a whole a recent worldwide study revealed that the majority of those who had already used a streaming service no longer relied on traditional linear forms of television in daily life that's the case in nations across almost all continents cinema operators to having to look for creative solutions it's now too easy to enjoy the latest blockbusters from the comfort of one's living way in a movie theater outing with friends and popcorn no longer a truly appealing alternative. in future cinemas will have to develop their own

individual nisha identities it won't make sense to offer a broad range of movies i can imagine the emergence of documentary cinemas or cinema specializing in south american films for example. but netflix can't rest on its laurels despite having a dazzling 150000000 customers worldwide last year tech colossus apple entered the streaming sector and the top hollywood studios led by disney are also launching their own services so far most of their productions have run on netflix the last of these could well put a dent in the streaming pioneers appeal. thailand has opened its 1st full time clinics for prescribing cannabis oil the country's decision to legalize medicine or marianna came as a bit of a surprise given its traditional tough stance on illegal drugs but thailand like many other countries has been unable to ignore the economic promise of kind of its

products. it's a brand new clinic in bangkok beckoned over to become the 1st of hundreds of ties to receive free cannabis oil the 65 year old syringe known. the clinicians hope it will bring him relief from the pains of stage 4 lung cancer where the methods can't . make him or the doctor says i'm too weak to withstand chemotherapy i'm just not strong enough. to cannabis can also provide relief to suffer as of insomnia and muscle pain the presence of talents health minister the clinic's opening shows the thai government's keenness to stress the jokes benefits to health and potentially the economy. products. can be used in cosmetics can be used in the pharmaceutical to be used in. heavy industry.

one organization claims the market across asia the mideast signal can a base could reach almost $6000000000.00 by 2024 that's why thailand has become the 1st southeast asian country to legalize it and why it's investing in tech to extract distil and market cannabis oils the hundreds he queued for their free 5 milligrams at thailand's new clinic on monday but just the start. and also some of the other global business stories making headlines today to fans justice minister has vowed to strengthen border checks after nixon's former chairman colors gold managed to flee the country while awaiting trial for financial misconduct go on who is now 11 and criticize to parents justice system for taking too long and being inhumane the details of his escape remain unclear. experts say australia's bushfires are likely to have long term negative effects on the economy many tourist resorts say they are faced with ruin large areas of pharma or cultural

facilities have been destroyed insurance companies say they have already received thousands of claims. on the world's biggest gatherings of tech gatherings. it's on the way this week in las vegas organizers of the consumer electronics show say tech spending is to reach record level in the u.s. this year getting a boost from wearables small devices and streaming media services. jet skis are a lot of fun but they are annoying and face increasing barons and popular beach resorts now here's a bit of just presented at this year's c.s. in las vegas an electric bicycle that runs on water month to 5 hydrofoil runs on water at speeds of up to 20 kilometers per hour 200 falls and the propeller provides lift and thrust it does require the most strength so than the traditional petrol powered jet ski and

a bit more skill as well on battery charge loss for want of. a lack of rain has been threatening water supplies for millions of residents in the philippine capital of manila a new chinese funded diamond the nation's north could help but critics say it will also displays thousands of indigenous people and destroy large areas of forest land to the other loud centers this exclusive report the county water river has always run through the share a modern mountain range in northern philippines but a controversial dam project could change its course forever. up ahead is the plan construction site for the county walk down and all along the forest policy or a big tunnel will be built and you have to imagine that all around us will be submerged under more than 60 metres of water washing away communities like this one the village of seato cooper ross is closest to the dam site here the indigenous

dumaguete people have lived alongside peasant farmers for generations signs opposing the down a bow and. well. i don't agree with the. case especially if it's going to destroy the sources of income. like across coconut trees. build a dam at the expense of all families livelihood. it may well serve others. but what's about to us by the bottom of. the dam is meant to secure water supply in manila the capital 40 kilometers away the greater the metro by the nazis the she. cannot. meet the growing the most without the so really what. philippine authorities argue displacing thousands is worth securing water for more

than $12000000.00 people and worth a controversial loan from china of more than $200000000.00 critics say less damaging and cheaper alternatives like smaller dams were ignored as was due process . any good coming out of but that some were insisting on the law according to the indigenous peoples rights act. the president to tear to should have gotten our free and informed consent. before he borrowed money or entered any kind of agreement with china. or. the government has vowed to use extraordinary powers to force the project through many fear the loss of a way of life in accordance with the rhythms of nature and protective of the environment. that i'm old what about my grandchildren and their children

where are they supposed to live what if they relocate us to manila how do we survive when we're not used to life there. here in the sharon modern mountains the stage is set for an ever recurring impasse between the desire for preservation against others insist is progress. another reporting a message from me on the business as it seems if you want more stories and lots of backgrounds go to a website that's the. business of malta find us on social media on facebook and on twitter. is a mix scribe off of this local global markets. it's

time. to take a step further. and face the possible place over here on this side of love really tough to search the place for the true self the flame time to overcome down trains. and connect the world. it's time for. the w.t. is coming up ahead. minds. that people vote for w. on facebook and twitter up to date and in touch. to know that 77 percent. are younger than 65. that's me and me and you. think you know what time all voice is.

on the 77 percent talk about the issues. from politics to flash from housing to food top this is where. you welcome to the 77 percent. this weekend d.w. . the both new planning. innovation and occasion. but this is one game we can't afford to lose the world food program fights and a worldwide helping people help themselves my goal is 0 anger.

this is deja vu news live from berlin u.s. president donald trump threatens iraq with sanctions if u.s. troops are expelled as iran's leader has presided over the funeral of the general assassinated in the u.s. drone strike in baghdad trump says that iraq would also have to pay the cost of an air base there if u.s. troops were required to leave town also coming up the trial of former film producer harvey weinstein begins in new york he faces charges of rape and sexual assault after death.