i sent to take all these years after the 2nd world war in the deciding that it's. now what matters is whether the class was paying attention. you're watching the news coming up on d w business of illegal coronavirus threatening to further disrupt a slowing global economy that's next in business with state ferguson stay with us should be right back. there i'm david and this is climate change. happiness increased books. for your. children smarter birth free for your books. you're going to own official estimates more than

1200000 venezuelans live in colombia needy and illegally. i'd return to. this is friends i don't think i'd ever go back there to live where i live i don't know so i'm not sure. matters. betting on contagion casino stocks tumble as operators fear the coronavirus could hurt their macau based businesses we'll find out just how wall street investors are viewing the odds of getting the break under control. also coming out. around the world a new index reveals the worst offender and we'll let you know which countries are

at the top of the list. as richest woman is not the center of a major financial scandal. and how did she built her empire. this business i'm kate ferguson welcome as new cases of the deadly coronavirus emerge investors around the world are feeling jittery about the prospect of further contagion the gambling industry in particular isn't feeling too good about the all the stocks and casino companies have been sliding several big las vegas gaming like sounds when resorts on mel co have exposure to china through their casinos in macau they're worried their businesses may have to close if the virus gets out of control . for more on this let's cross right over to financial correspondent jose luis de haro on wall street jose it's nice to see you are casino operators right to be this

worried by the coronavirus. definitely believe in epidemic said dawn to me it is a chain reaction as a transport and to resume the 1st industry is to take the heat up from the department and quarantines people start a boarding quote it. means that retold suffers but also because he no parade of jew pointed out traffic volumes to do this obviously means like the ones in macau decline the current situation it's already given the chills it too when resorts to endless have a good sense that we've 75 percent and 62 percent of the respective revenues from china also affected those luxury goods companies so. we rely heavily on his spending by chinese tourists ok so the odds they are not looking good at all let's flip this completely though either any sectors that are actually profiting from this i break. among them pharmaceutical

companies especially the ones that are trying to develop. the virus also for protection gear or cleaning equipment emergency transport profit from d.s.a. kinds of situations so do product resellers which try to profit from a consumer buying of those protection goods for example on chinese e-commerce websites right now the price of a $20.00 of my us has skyrocketed around 500 percent from november to now. louise allen thank you. and the ranking by ngo transparency international has revealed the most corrupt countries in the world the findings show an increase in perceived corruption in some major economies including the us canada france and britain but which country tops the list take a look. at 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 the 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 or serious south sudan and in last place somalia with just 9 points. and unfortunately those countries are injury more old and models or which is. being corruption and that is that this is another problem according to the n.g.o.s the often cozy connection between politics and capital. as it would be by big

money that is used here with action campaigns beijing data into. the state of corruption how many. but some countries have found ways of combat in corruption and gola 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. and one figure the angolan government has its eyes on as part of that anti-corruption drive is none other than africa as richest woman is about. the daughter of former on goldman president on straw man jose and why does she made her fortune overseeing a major business empire that included stakes in telecommunications banking and construction but fresh allegations suggest her wealth came at the expense of the un goal and people authorities accuse her of transferring $1100000000.00 of public

funds to offshore accounts this allegedly enabled her to invest in assets like luxury homes and big businesses now the allegations emerge from what's known as the new wonder leaks comprising a total of 715000 documents including contracts tax returns and e-mails seen by the international consortium of investigative journalists authorities and have frozen dos santos as assets in response to the accusations and public prosecutors in portugal where she holds stakes in several important firms have launched their own investigation into the caves now all this week we've been bringing you the latest developments from the world economic forum in davos switzerland this year climate change has taken center stage with german chancellor angela merkel among those calling for governments and businesses to take action to reduce environmental harm in her address she urged leaders to listen to the concerns of young people or

comments where at all it's with those of us president donald trump who's accused of crimes activist pessimism. earlier our davos reporter gaited spoke about the issue of sustainability with an out of the u.n. development program he asked him how companies are transitioning to a low carbon economy. i don't think we should pretend that the transition to a low carbon economy suspends the laws of basic economics if you haven't got the money you can afford something but i think what has gone wrong in the last 10 years is that our financial markets are regulated as the established players in the industry have totally disregarded that which science and increasing also economy cannot economists have shown us namely that the cost of inaction is going to be an affordable and today we are in a world where new energy production in many parts of the world is almost at parity with fossil fuels that's also why you see here in davos this year many of the main players in the financial system and the financial markets beginning to look at

investments into the future a low carbon economy something that is not only relevant but increasingly going to drive the decision making some of the major head fund some of the major insurance companies banks are now putting literally billions of dollars of euros into that future economy that is premised on low carbon technologies so indebtedness with an old technology that may even become a stranded asset is much more dangerous for an economy or for business than investing in a low carbon future more sustainable energy infrastructure and yet we had a very important voice that of donald trump here in davos who probably doesn't care that much about that danger at least that's what we perceived however listening to his speech many of the things he told it sound pretty much in line with the sustainable development goals we're talking about taking people out of poverty with his strategy or the best environmental record the u.s. has ever had according to his own words so isn't perhaps that the way to go is that pitch valid in your opinion look we have 7000000000 people on this planet that we

will find different ways towards understanding what the future brings but also what we should do and i think the best way to respond to the speech by head of state of a country that has chosen to say we want to invest in fossil fuels we don't want to be part of a global effort to address climate change is to. say well let's in the sens drive the discussion as it continues in the united states and there are many in the united states who actually do not necessarily support that kind of approach at the state level secondly let the markets judge that policy and who knows in the court of history he may be proven to be right or he may be proven to have committed a major error in judgment and i think it is principally for the american people to decide that but ultimately the global community does need the united states to be a part of the global effort to address climate change so the fact that president tom committed to actually bring the united states to support the partner of a trillion trees it's a step and hopefully a signal so that there remains room for corporation and not confrontation alone i'm

trying to head of the united nations development program thank you very much for a time thank you. and finally after 50 years in the spotlight style moderate john paul the t.a.a. is hanging off his fizzer is famed for his idol londis creations the net in derry french designer will mark his retirement from fashion with a spectacular show in paris while a designer has yet to announce his next project has curfew brands on high end or twitter of business will continue or even rumors the 67 year old showman is planning a glittering showbiz career. watch stopped by and that's it for me in the business team caring for anything get more on our website the new dot com slash business i mean it's good bye and take care.

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now from. the from. the complex the from the fall of france's president losing my mom likes to be seen as one of the driving forces for a forum in music so i guess this week here in brussels this is former europe minister nothing was no fun a fuse flushed cheerleaders in the european columnist fears the mushroom revolution

the phone so far hasn't rung as a street complex so for 60 minutes following the c.w.o. from. birth going home to means of species co-host or significant. those are big changes and most start with small steps but global ideas tell stories of creative people and innovative projects around the world. but here's the trick the closer to screen image solutions and reforestation. interactive content teaching the next generation the better financial touch action. players and channels available to inspire people to take action and more determined to build something here for the next generation the idea is for the environment series of global 3000 on t.w. and online. in the us of climate change.

because mrs. clinton such. a strong. cod one of the tears today has the future of. g.w. dot com africa megacities the multimedia. could cut. this is the news africa coming up on the program is stuck warning from one of the most violent places on earth a new boss struggle in the democratic republic of congo is threatening to destabilize the region and provoke a fresh security crisis growing in several countries also coming up. a golden opportunity for all brain drain.