i'm sara kelly in berlin for the entire team here at g.w. news thank you so much for watching have a great day. every 2 seconds the person is forced to flee their home. the consequences been disastrous our documentary series displaced depicts dramatic humanitarian crises from. forgetting we don't have time to think i didn't go to university to kill people. i mean paying people feel for their lives and their future so they seek refuge abroad but what will become of course to stay behind and simply

be able my husband went to peru because of the crisis that if he hadn't gone there we would have died of hunger going on one of them. just pushed stores for nearly 15 years on the job. as tensions between the u.s. and iran escalated over the weekend investors continued to warry global markets all selling off all prizes keep rising gold is at a 7 year high so is there's a possum storm or a bad omen for the trading year of $22.00 of. the slimy business house nail farms in tunisia banking on the hope as do friends in the cosmetics industry. and trying to use infrastructure for. objects are coming under fire not only in africa now dam

project in the philippines threatens to wash our villages living upstream we have an exclusive report. this is business africa your update on african and global business news here on the dub your office welcome and we start in the middle east oil prices surge and stock prices tumbled on monday on fears of a looming military clash between the united states and iran gradients have taken to the streets to mourn the death of a military commander. who was killed by a u.s. drone strike last week meanwhile stocks in asia were sliding including on the dubai financial market which was down more than 3 percent on closing wall street also source where prices fall during early trading as the angry rhetoric between the u.s. and iran continues. let's bring in michael she is the chief market analyst at c.m.c. markets in london michael marcus was spooked today across asia and europe is that really justified. well certainly i think if you look at the headlines yes there is

some justification for the sell off that we've seen in the past couple of days but i would argue against it being particularly nuanced in terms of the fact that ultimately what has really changed from the events of last week we've seen a spike or in crude prices we've seen a spike hiring gold prices and equity markets are coming off 2 to 3 year highs so i think there was some profit taking probably likely to happen in the event we've had some headline risk and investors have decided to take some profits on the back of the. still big sell off there which sectors will be hardest hit by by this crisis. well we see we've seen some evidence of the airline sector getting hit quite hard i think the biggest concern overall that i have is if this office sustained then it could actually impact economic growth because ultimately what we

could see is sustainably higher oil prices which could impact some of the improvement that we've seen in some of the services pay and eyes that we've seen with the that have come out over the course of the past 2 to 3 months that i think is the major concern for me at the moment the sell off that we've seen i'm not overly concerned about it i think a lot of it is noise. ultimately what's happened is that investors are reacting to headline risk there's been no shooting taking place crude oil prices in are starting to settle back and more importantly good equity markets are rebounding off their lows i think it was quite notable that the tax wasn't able to sustain a move below 13000 and as long as it's able to hold above that 13000 level and those december lows then i think this is a mere dip in the overall uptrend that we've seen over the course of the past couple of months back was used thank you very much. in tunisia

snail farming is a growing business not everyone's taste they're not just farmed for food. actually has properties the cosmetics industry is often snail slime appears to be the next big thing to hit your skin this year. some people find snails to icky to touch but it doesn't bother how to ban rum time after all this is how the snail farmer makes her living as well as farming the snails for as cargo their slime can help keep the skin on your hands soft and supple. i got into snail breeding in 2014 but face a lot of difficulties but i try to overcome them over the years and improve the business i started with extracting the mucus from the snails a product that drew a lot of interest from clients after extracting the mucus this nails are used for cooking. getting the hermaphrodites to breed is not easy the snail breeder has

created the ideal conditions for breeding the mollusks in this cage patients is required snails are slow at getting it on as they are getting around. well you know the family. they stay in here for 3 months from september to december. we provide them with water in a 20 degree celsius temperature and the food we give them an atmosphere similar to spring so they can mate and most of them do lay eggs from. snow farms are common in tunisia now bill cry i had the idea to start a brand of cosmetics using the snail secretion. due to its richness in hyaluronic acid in college and we've decided to produce a lotion that includes other vegetable oils made to lotion and found that it was very effective in motion rising and brightening the face as well as fighting wrinkles and dark circles under the eyes it's been very successful among customers

consider this. after extracting their mucus the snails are popular with tunisia's restaurateurs here in this judas restaurant as cargo with herb's in a bread bowl sandwich is a big hit. i'm afraid tyler has opened its 1st full time clinics for prescribing cannabis oil a conscious decision to legalize medicinal marianna came as a bit of a surprise given the country's traditional tough stance on illegal drugs but like many other countries has been on able to ignore the economic promise of cannabis products. that'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. the clinicians hope it will bring him relief from the pains of stage 4 lung cancer where the methods can't.

take you more 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 have insomnia and muscle pain the presence of thailand's health minister the clinics opening shows the thai government keenness to stress the drugs benefits to health and potentially the economy. the caliber guy. products. can be used in cosmetics to be used in the pharmaceutical to be used in. heavy industry. one organization claims the markets across asia the mideastern ocana 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 markets cannabis oils the hundreds he queued for their free 5 milligrams

at thailand's new clinic on monday but just the start. big infrastructure projects financed by china are coming under increased scrutiny across africa but not only there very often sounds good but have significant downsides like conditions for workers or little regard for environmental concerns in the philippines new dam financed by china is now supposed to help ease the lack of drinking water in the capital manila bought critics say have also displace thousands of indigenous people in the country while river has always run through the share a modern mountain range in northern philippines and a controversial dam project could change its course forever. up ahead is the planned construction site for the collie walk down and all along this forest wall here at a big tunnel will be built and you have to imagine that all around us will be

submerged under more than 60 meters of water washing away communities like this one in the village of seato cooper is closest to the dam site here are the indigenous dumas that people have lived alongside peasant farmers for generations signs opposing the down abound. and look well. i don't agree with the. case especially if it's going to destroy the sources of income. like across coconut tree. bill the down at the expense of all families livelihood. it may well serve others. but what about costs by putting them on. the dam is meant to secure water supply in manila the capital 40 kilometers away. the greater the metro by then but he's very

serious. about. growing the months without so really what. philippine authorities argue displacing thousands is worth securing water for more than $12000000.00 people and worth the 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. but that. they 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. china 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 happened i'm old what about my grandchildren and their children where are they supposed to live what if they relocate us to manila how would we survive we were not used to life there. here in the share a modern mountains the stage is set for an ever recurring impasse between the desire for preservation against others insist is progress. jet skis are a lot of fun unknowing to many swimmers and some by those facing cruising bans and popular beach resorts now has an alternative just presented this year's c.s. and las vegas. electric bicycle that runs on water the months of 5 idle for that runs on water at speeds of up to 20 kilometers per hour 204 and a propeller provide lift and frost. bit more strength then the.

jet ski to a bit more skill as well one battery charge lasts for about an hour. story . stock prices tumbled on monday on fears of a looming military clash between the united states iran and that's it from me in the business african team here in the. business news and features. find us on facebook twitter. news africa is up next right after this quick.

friday's future minus 2 celsius the german poem the research station the scientists want to set the stage. there on the frontline of climate change research take a look at the findings. disappearing ice. to talk to a. close selfish victim 60. w. . what secrets lie behind these walls.

discover new adventures in 360 degrees. and explore the major world heritage sites. p.w. world heritage 360 get cleaned up know. this is steve up any news africa coming up in the next 15 minutes tributes pull in full south africa's grandfather black business be on top in your head which had my point have pushed his way into a white man's world at a time when black south africans will praise stand up and say he's died at the age of $99.00. stripes.