the price of oil and gold i'll go to wall street for an update. with that and more story. can i am. sick a misplaced or hey i'm just a long evening in brooklyn new. nice news and keeping. their own story. becomes a. must. is what starts january 27th on.

the tape for personally. with a little wonderful people and still make the dream so special. that all true for all those much. more than football on line. as tensions between the u.s. and iran keeps escalating investors continue to worry driving up the price of gold with the highest in 7 years markets stopped in asia and europe but seems to be rebounding on wall street so is this a passing storm or about omen for the trading year of 2028. also coming up netflix may not have swept the golden globes. but it's still

a game changing force for the movie industry a look at what that could mean for a theater near you. when there was a growing thirst for water threatens to wash out villagers living upstream from the new down project. this is the w. business i'm joined now on a fresh rating week hasn't brought any new optimism with it persistent fears of a military clash between the united states and iran have caused oil prices to surge and stocks to tumble ukrainians have taken to the streets to mourn the death of military commander. meat was killed by a u.s. drone strike last week stocks in asia europe and the middle east are all or wall street on the other hand parents of its losses even as the angry rhetoric between the u.s. and iran continues. our financial correspondent. joins us now from wall street now fellow we saw markets for the most part seem unrecovered from the increase of tensions in iran although there was that uptake on

u.s. indices are they on their way up generally do you think. maybe you know as long as the markets don't sense any real risk of a recession happening so far the u.s. economy seems to be relatively good shape and some of this software has served also as an opportunity for profit taking from the best stories after all the record highs that we haven't seen it lately but lost in usa running a conflict that will be indeed cause a broader economic and financial shock according to moody's so far though if we look back reason history most of the surprise military attacks a sense of pearl harbor have resulted in losses of up to 5 percent 40 s. and p. 500 as long as there is no recession in sight as something to keep in mind so we wait and see how the current situation evolves so many hoping there that historical precedent will hold but many analysts also seem to think that oil prices will not

continue to rally is there anything to that. it could be you know at least in the short term before tensions increase by the end of last week the danger national energy agency stated at there could be a surplus of 700000 barrels a day in the global oil market in the 1st quarter of the year projections already take into consideration the combined effect of a slower on a pick up production growth and production cuts so even some of these cuts are overturned and we also fight to remain that some of the consumer nations around the world have build up massive inventories oil prices should to be should not to skyrocket in the near term as long as there is no a huge disruption inside thank you. there for us on wall street. netflix the may have come out of sunday's golden globes disappointed but its future

is bright its pockets are deep and its movies are not only getting more critical recognition they also keep bringing in subscribers all challenges for 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 linea 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 within

a movie theater outing with friends and popcorn no longer a truly appealing alternative. future cinemas will have to develop their own individual nisha dentity it won't make sense to offer a broad range of movies i could imagine the emergence of documentary cinema or cinema specializing in south american films for example. but netflix can't rest on its laurels despite having a dazzling $150000000.00 customers worldwide last year tech colossus apple and to 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. germany's cars are its flagship products but auto production in the country fell 9 percent last year the lowest output since 1997 carmakers built just $4700000.00 cars in germany in

2019 according to the industry federation export markets are continuing to dry up and demand has been hit by the us china trade war sales rose by 5 percent however the industry is rattled by uncertainty about emissions restrictions and technological change. now to some of the other global business stories making news european pork exports to china are booming as swine fever has massively reduced pork stocks their danish crown meat from denmark is one of the companies which has boosted sales to pour concrete chinese china's figs have been called because of the illness which has which has also now spread to eastern europe. thousands of patients are appealing a french court decision against their damages claim against pharmaceutical giant merck over a thyroid medicine that patients claimed there was

a lack of information following changes to the medicine called. the rocks and corresponding side effects. huge of chairman carlos go in here and file footage used bullet train and was aided by an expert in bray in his dramatic escape from financial charges in japan according to media reports justice minister mori valid to strengthen border departure checks and said japan may still push for his extradition from luggage in lebannon after fight. and the philippine capital manila millions of residents are facing a water shortage and the government is touting a new chinese funded down project and the nation's north as a solution to the project has thrown a spotlight on thousands of indigenous people who are threatened with locations i travelled to one of the remote villages and was given a glimpse into their way of life and how they feel about the project the country

while 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 call you walk down and all along this forest wall if you are 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 c 2 is closest to the downside here the indigenous dumaguete people have lived alongside peasant farmers for generations signs opposing the down abound. well. i don't agree with the. especially if it's going to destroy the sources of income. i come across and coconut trees. build the down 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 other side greater than metro by then but he's very serious. about. growing the about through those 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 but that some will say if we're 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 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 when we're not used to life there. here in the share. madra mountains of the stooge is set for an ever recurring impasse between the desire for preservation against others insist is progress. skis are a lot of fun but they're annoying to many swimmers and sunbathers and face increasing bands and popular beach resorts now here's an alternative just presented

at this year's c as in las vegas an electric bicycle that runs on water the mountain 5 hydrofoil it runs at speeds of up to 20 kilometers per hour to hydrofoils and the propeller provides a lift and process it does require a bit more strength though than the power of the petrol powered jet ski and a bit more skill as well why battery charge lasts for an hour. that's it for me and the business here in berlin thank you very much for watching.

friday's for future on mine. the german opponent research station the scientists want to set the ultimate on the frontline of climate change research and we take a look at the findings. disappearing ice climate change in the antarctic. close up to

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a place using names video yeah i don't like the crowd so missing along to see this to come from soup but. the one for the interactive exercises. everything is online and interactive then german to frame a listing tell you. this is d. that mean years africa coming up in the next 15 minutes tributes poll in full south africa's grandfather off black business the. richard my point you have pushed his way into a white man's world at a time when black south africans will prettiest and politicking died at the age of 99. and al-shabaab strikes at a field in kenya killing 3 americans what does this latest attack tell us about the

brute strength in the region.