nations and. the story. must. start january 27th on d w. market shutter as cases of a new coronavirus in asia mount. exchanges in shanghai hong kong and europe see losses while china locks down the city at the center of the outbreak. also on the show at davos we'll introduce you to a young after this with a plan to fight climate change and no it's not credit. also on the show which countries are considered the most corrupt in the world look at a new ranking and talk with an expert. this is your business report i'm stephen

bears in berlin it's good to have you with us world markets are increasingly worried as the reported cases of corona virus continue to grow in number spring global travel precautions and german shares were down thursday that after stocks in shanghai and hong kong ended their trading sessions lower the chinese government has announced the temporary shutdown of public transport move transport in wu han where the virus originated however the world health organization stop short of declaring a global emergency. now sustainability is the big worry at davos this year that's of course the swiss resort town where the world economic forum has gathered the global elite to discuss shared problems and the can be some cognitive dissonance when it comes to this issue with many flying their private jets in and out of davos but there are also some very earnest people in the picture . has the world economic forum gone green not

quite during the meeting the roads in davos are jammed with gasoline and diesel burning cars. maybe young climate activists can breathe some new life into the annual get together a number of them have come to devils not just grated tune back felix think byner for example is here to convince the world to plant a trillion trees if we managed to plant these trillion trees they would capture about a quarter of all human made carbon emissions so we could be incredibly powerful in a century giving us a little more time to reduce our global carbon emissions because if we continue on our current track we heading towards a climate catastrophe the forum has put the climate campaigners plan on its agenda this year and there seems to be just one topic entrepreneurs and policymakers alike are talking about sustainability but is that enough outside in the cold scientists

and environmentalists are camping at the arctic base camp they're calling for every decision by political and business leaders to take climate change impact into account they say everyone at the forum is familiar with the facts by now. i think the real question for world leaders is will they work work and act fast enough and will they be able to to do what needs to be done and that's a radical transformation félix think buying our hopes to realize his dream of a trillion new trees and as little as 10 years even the u.s. president has voiced support for the initiative the 22 year old activist is fine with that as long as the trees are planted soon or right ed senior business editor ben wazoo is also in davos and he joins me now ben so the youth are making themselves heard in davos what about world leaders where are they on the issue of climate. they certainly not on the same page i mean

there's been applause here from many of europe's leaders but as far as the united states goes well you've heard what mr trump has said he's basically said that we're not facing an emergency as far as the environment goes the environment is doing just well or doing quite fine if you also listen to a straight in leaders the government is full of climate deniers when you move over to china a very different sense of it people they're realizing there are nicer parts of the world to live in with blue skies and clean air they're demanding that the government does something and china is doing something and could be leading the way as far as we know as far as environmental progress goes. the sentiment at the moment from the chinese is that the world needs to work together that's something that was also echoed by the new finnish prime minister who gave an interview to g.w. and had this to say i think we know one thing and it's one of the countries that

can lead the way but the whole european union we are leading the way in the wealth and we need to also out the key players like united states china russia and the big players involved more because we cannot fight climate change alone we need everybody on board and that's why we need cooperation. are you getting the sense in davos that business and finance are stepping into that vacuum as these governments are holding back. well this is the with me not just stepping into that vacuum they're actually leading the way companies dictating to political leaders here what they should be doing and how investments should be spent and made it's a huge swing and very surprising i haven't heard or experienced anything like this in davos in all the years that i've been coming here black rock for example just week announcing that it is going to put sustainability at the heart of its strategy

it's a wealth fund manager the biggest in the world and manages some 7 trillion dollars in money that. means it has huge influence and a lot of these companies and investors suddenly following suit they're worried they're not going to make the profits blackrock will further down the track when they realize everyone's jumping on the green bandwagon germany and france are even following suit and teaming up with black rock to invest in projects the big 4 accounting groups here and scores of companies have signed up to a new framework that was set up by the world economic forum that basically means they will be reporting in line with the united nations sustainable development goals that is a huge change but in a same time there are still questions about how serious of these companies are blackrock giving a bit more concrete description there but others like siemens with a strong in mind project some questions about whether they're acting fast enough briefly if you could. well protestors have hit the snow here

carrying blazing planets saying that the likes of credit suisse just funding way too much as far as fossil fuels go the black rock is still waist deep in fossil fuels and that siemens is really not helping the planet all in supporting a stray the biggest coal mine to date one of the biggest in the world a project that will see huge amounts of c o 2 polluting the planet. or i've been physical in davos will come back to him in just a moment. now corruption is a daily part of life in many countries around the world but doesn't have to be that's according to transparency international which has released its new annual corruption perceptions index reports it hopes that by doing so it can draw more attention to the issue. people around the world are showing their rage at corrupt

officials and political systems they're protesting on the streets in haiti in lebanon in israel and romania corruption is a problem worldwide say experts no nation is completely free of it the berlin based ngo transparency international ranks countries in its corruption perceptions index on a scale of 0 to 100. the less corrupt a country is seen to be the higher it score the new index published today has denmark with 87 points in 1st place followed by new zealand and finland as in the past several years at the bottom of the scale are serious south sudan and in last place somalia with just 9 points. and unfortunately those countries are in turmoil and violence and war which is 33 in russia and that is that this is another problem according to the n.g.o.s the often cozy connection between politics and capital. is it we have big money that is his

election campaign is basing its data in a carriage and it is a state of corruption and cronyism and corruption but some countries have found ways of combat in corruption angola for instance began to take judicial steps against cronyism and embezzlement of the highest levels in 2017 and has now moved up 7 points in the index. back to them facility in davos ben you've spoken there was someone who has a very personal experience with corruption in russia. you know bill browder russia's most wanted man he's here in davos to talk to politicians and he was the biggest foreign investor in russia for some time until he was expelled for uncovering corruption now that was his one of the most safe and i would say the safest places in the world right now this alpine village is in

lockdown while political leaders meet business leaders and discuss whatever they want to discuss with about i don't know how many but thousands of security around us police snipers placed on buildings but after talking to bill he said with the russians he does not feel safe at all. well i was given a warning before i arrived in davos from the swiss security services that there was a plot of some sort by the russians and i should dramatically increase my security when i'm here you've already lost what i guess was a good friend a lawyer. which is what you've based all your work upon how far are you getting with the magnitsky act so my lawyers sergei magnitsky was murdered in russian police custody 10 years ago after uncovering a 230000000 dollar russian government corruption scheme in response to that i lobbied and advocated all over the world for

a magnitsky act there are 6 countries that have magnitsky act in the united states canada u.k. and the baltics and i did ski acts and oppose visa sanctions and asset freezes on human rights violators from around the world and the grand prize for us is get the huge human scale act we've been working on for 10 years and finally we had a major breakthrough in december when the council of ministers agreed in principle to do it and now the external actions are is the you external actions services drafting the regulations to make it a law countries have sanctions that they can use what sort of a difference with this act to make never been sanctions specifically for human rights violators and this is a very ripe area there's a lot of terrible atrocities being committed historically there's been no consequence to these people now there will be individual consequences in other words that the people who do the human rights abuse will be put on the list visas taken away assets frozen and it's very personal very specific very surgical if you will avoiding all the bystanders and just going after the perpetrators but will

this mean full investment investors in russia well i've always believed that russia is such a corrupt country it's such a criminal regime that it's not a place you can invest and anyone who does does so at their great peril and at the great peril of all their employees and all the managers they send out there not to mention the money that they lose and so those that sort of go in barreling into russia thinking that it's a profitable place almost universally come out licking their wounds and sometimes worse. to thank you very much thank you. no broader talking there's a d. w.'s in facility at davos thanks for watching.

every 2 seconds her son is forced to flee their home. the consequences been disastrous our documentary series displaced depicts dramatic humanitarian crises far from. forgetting we don't hate them i think i didn't go to university to kill people. people feel for their cars and their future so they seek refuge abroad but what will become of course stay behind it's

a. battle my husband went to peru because of the crisis that i wonder if he hadn't gone there we would have died of hunger i'm gonna sound. odd. displaced this week. hello and welcome to news from the world of arts and culture and here's what's coming up in the next quarter of an. it's turning out to be a hard makes it between the roll family and harry and meghan we'll be discussing that. and staying in britain there's also a debate about the chimes of big ben and bricks. we begin in verona italy this beautiful city is where shakespeare is romeo and

juliet fell in love but it has a dark side to it was one of miscellany strongholds in the 2nd world war and today neo fascists are thriving once again and door being walls with hate graffiti including swastikas so a plucky street artist that called chiba seeks the graffiti out paints over it with well pictures of food. the historic scenic 60 of the arena has a problem with me you not see graffiti it hasn't reached the picturesque old town but it is impossible to have a look in the left touristy parts of the city st john's is chivo is on a one man mission to cover it up. a lot out of this of it i'm going to paint over it with a sausage i don't serve sausages on the seats a. ti vo is the pseudonym as she at palo spinup say mean stewed in italian and food.