what secrets lie behind. discover new adventures in 360 degree. to explore. world heritage 3600. as tensions between the u.s. and iran keep escalating investors continue to worry driving up the price of gold to its highest in fact in years markets drop in asia and europe but seems to be revalidated on wall street so is this a passing a storm or a bad omen for the trading year of 2020. and one hell of growing thirst for water threatens to wash out villagers living upstream from a dam project. this is the w.

business i'm joined now the. afresh trading 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 iranians have taken to the streets to mourn the death of military commander minute who was killed by a u.s. drone strike last week stocks in asia europe and the middle east were all lower wall street on the other hand and apparent some 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 host hello 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 markets don't sense any real risk of a recession happening so far the u.s.

economy seems said to be relatively good shape and that some of this software has served also as an opportunity for profit taking from him best stories after all the record highs said that we haven't seen it lately but lost in you as you run a conflict the world indeed cause our broader economic and financial shock according to moody's so far if we look back to reason history most of the surprise military attacks since oprah harbor have resulted in average losses of up to 5 percent 40 years in 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 that 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 international energy agency the stated there could be

a surplus of 700000 barrels a day in the global oil market in the 1st quarter of this year these projections already take into consideration the combined effect of a slower production growth and opec production cuts so if some of these cuts are overturned and we also factor in that some of the consumer nations around the world help build up massive inventories oil prices should to be should not discuss iraq at in the near term as long as there is no a huge disruption inside thank you her fellow wish to haro there for us on wall street. now and netflix 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 to 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. futures 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 cinema or cinema

specializing in south american films for example with the coalition. but netflix can't rest on its laurels despite having a dazzling 150000000 customers worldwide last year tech colossus apple and to the streaming sector and the top hollywood studios led by disney are all saying launching their own services so far most of their productions have run on netflix the loss of these could well put a dent in the streaming pioneers appeal. in the philippine capital manila millions of residents are facing a water shortage and the government is telling a new chinese funded project in the nation's north as a solution to the water wallace but a boxy group say it will also displace $25000.00 indigenous people in this dry many hectares of forest land the 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 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 the village of seato cooper is closest to the dam site 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. like across coconut tree. bill the down at the expense of all families livelihood. it may well serve others.

but what's about sauce you only buy the part of the money coming down is meant to secure water supply in manila the capital 40 kilometers away. the greater the metro by then that is the serious mark that we cannot. meet the growing the about 3 though. 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 some more insisting on the law according to the indigenous people's rights act. the president to tear to should have gotten our friends 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 would we survive when we're not used to life they're. here in the share. modern mountains the stage is set for an ever recurring impasse between the desire for preservation against others insist is progress. now snails might not be to everyone's taste but what if they could be food for your skin there's slime actually has interesting properties for the cosmetics industry we

tell you which ones in this next report. some people find snails too icky to touch but it doesn't bother how to bend. 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 you're a lot of interest from clients after extracting the mucus this nails are used for cooking. getting their homes to breed is not easy the snail breeder has created the ideal conditions for breeding the mollusks in this case patience is required snails are slow at getting it on as they are getting around. they stay in here for

3 months from september to december. we provide them with water and 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. snail farms are common in. the idea to start a brand of cosmetics using the snail secretion. due to its richness and hyaluronic acid in college and we've decided to produce a lotion includes other vegetable oils we made the lotion and found that it was very effective in moisturising and brightening the face as well as fighting wrinkles and dark circles under the eyes it's been very successful among customers continue this. after extracting their mucus the snails are popular with restaurateurs here in this june us restaurant as cargo with her in

a bread bowl sandwich is a big hit. all health nails and that fit for me and the business team here in berlin for more you can always visit our website that p.w. dot com slash business you can also follow us on social media or on facebook and on twitter will leave you now with this quick look at global markets i'm sure they'll do well on in berlin and thanks for watching.

all of that 77 percent. are younger than. me and. quite time all voices i want. to talk about the. fraudulent part of the flash thanks so much. this is what.

welcome 77 percent. this weekend on t.w. . every 2 seconds a person is forced to flee their homes nearly 71000000 people have been forcibly displaced. the consequences of the disastrous our documentary series displaced depicts dramatic humanitarian crises around the world you know. forget them when i didn't go to university to kill people that say i don't want to have my boss come to me and tell me to kill someone having in many and if i don't they'll kill me. these things for their lives and their future so they seek refuge abroad it's about the worrying about scares me the most about this steady seemed to rise is that someday we won't even see the rings out. but what will become of those

who stay behind it's a way my husband went to peru because of the crisis and. if he hadn't gone there we would have died of hunger. that sentimental down the. display starts january 15th job. welcome to news from the world of arts and culture and the awards season began on sunday night in hollywood with the golden globes we'll be taking a look back at bats also coming up. sofia fog of it was the 1st trained female jewish comes or in europe and she's my guest in the studio. and in our continuing series 100 german must reads a tragic but beautiful book called one good turn by robot devices.

we begin with the golden globes and in the ongoing war between streaming services and hollywood it seems hollywood was the big winner this time netflix did have 34 nominations but only walked away with 2 prizes. best movie in the comedy or musical category went to quentin tarantino's once upon a time in hollywood and brad pitt also picked up best supporting actor that. best actor in a drama unsurprisingly went to joaquin phoenix for his amazing tool to force in the joke. and also no surprise.