good job it is. your link to newsroom africa and the world the link to exceptional stories and discussion. of these each and while we're taking deputed comes to africa join us on facebook at g.w. for. the new coronavirus reaches your friends confirming several infections with experts saying war are likely to follow meanwhile chinese of the sorties are quarantining cities and tourist attractions trying to contain the deadly virus also on the ground as the davos meeting comes to a close we look at what this year's forum achieves in terms of the big and powerful taking responsibility at tackling climate challenge. i'm chris caldwell complete program the new coronavirus is advancing the government in paris confirmed that

several people in france have been infected the u.s. also announcing another case meanwhile china where the virus originated has quarantined cities stop public transport in many places and shut tourist attractions like disneyland or the forbidden city this as the nation prepares for the lunar new year festivities a crucial time for business. many chinese citizens are rushing to the supermarkets to buy food and daily items and bulk shelves stocking staples such as meat vegetables and instant noodles are emptying as people prepare to stay at home and avoid public places for as long as possible companies producing face masks are working 247 to help fight the spread of the virus many here at the factory in the city of gianni are working overtime time i want to support to hand the epicenter i want to help all the people there. it is just one of the 11 chinese cities now in

virtual lockdown wrist asians have been shot and there are checkpoints on main roads in and out the streets are empty except for those working on disinfection everything that can be is being disinfected when sars broke out in china in 2003 it cost the world economy $30000000000.00 according to the world bank back then flights in the asia pacific region fell by 45 percent from the year before and almost 800 people died many fear the coronavirus could have a similar effect if not contained from or let's bring in jose luis they are on wall street. markets have been spooked all week that this virus could grow into a major international problem and it seems to do just that. exactly and having more than 36000000 people on lockdown and new cases

a firm is it definitely taking aim investors say confidence and some of them ran for cover into u.s. treasury bonds and that's why do you fold too long point 68 percent send in bags stocks down also some household names see here on wall street such is taking a hit especially after the company announced the globe's. comes also at a time over a particular substantial traffic but also time. been falling since the beginning of last year mcdonald's also has over $2900.00 restaurants in china and its shares closed lower to now despite the concerns that many in the travel industry also have about the coronavirus boeing shares saw a major boost on friday what was behind that. there was another roller coaster of a day for boeing shares the shares went down or were down after u.s.

media started reporting that the company could cut production again on its $787.00 dreamliner but change that u.s. regulators were pleased that we didn't progress the company's doing mean revising it $737.00 marks it now. telling everyone said the plane approval could come early and. that said most of them already took out all their schedules until summer or up there and it's not only the u.s. regulators but all those around the world which also happen to give it the green light for their plane to fly all they do is their own new york thank you. and now to some of the other business stories making news german air carrier condo or is being bought by polish airline lot that's according to the company on friday last year cano received a financial bailout from the german government and form of a 380000000 euro bridge loan that helped the airline break away from its floundering parent company thomas bunch of bank has added

a former german foreign minister to its advisory board also served in the environment and economics ministries and lead germany's social democratic party until 2017 struggling with post crisis changes in the financial industry dogs have pools of losses of almost $4000000000.00 for the 1st 9 months of last year the founder of yours pharma company insists therapeutics john kapoor has been sentenced to 5 and have years in prison prosecutors said kapoor and others paid millions of dollars to doctors to prescribe a highly addictive oral fentanyl spray the opioid crisis in the united states has claimed tens of thousands of dollars in french unions have lasted strikes and protests as the government unveiled a divisive bill redesigning the retirement system meant more disruption for travels on trains and the paris subway there were walkouts of some schools the number of striking workers fell this week after the government made concessions. well friday

marked the final day of the annual world economic forum meeting in davos the event turned 50 this year and celebrated by putting a younger generation front and center their engines see over the climate crisis drove much of the event and created some dramatic contrasts with world leadership. young activists like gretta tune burge stormed into davos planning to force through their message that change can't wait this was more than any other a world economic forum led by the world's youth the other generation has a lot of experience but we have ideas we have energy but for those hoping to ensure an adult hood of environmental progress the forum got off to a bad start on day one president trump decried them as prophets of doom and instead chose to talk about a growing u.s. economy america's thriving america's flourishing in years america is winning again like never before the disappointment was clear i didn't hear anything about

the world america is leader in the world and. i think that litters have to take care not only about themselves but also about other nations because we have the same collective planet since then the town of davos is witnessed more assertive environmental statements urging corporations and nations alike to wake up to the challenge the world is facing it is absolutely essential to recognize that climate change is an existential threat to us all and that climbing changes are running faster than what we are in day 3 so angle america will push for renewed global commitment to the paris climate accord. no i think that this is an infant the world must act together it's an international agreement that unfortunately not everyone is still with it but many are but it also may not have but all that every country must make its contribution by a truck that's

a nice most young delegates began the foreign complaining that previous pledges had been all talk pretty much nothing has been done since the global emissions of c o 2 has not. reduced leaders must now make good on their promises because an impatient younger generation is watching. so change seems to be in the icy alpine air in davos where the powerful and influential have been meeting for decades people like nobel prize winning economist joseph stiglitz our very own ben for zola asked him how different this year's world economic forum has been for him. it was different in 2 ways i think the sense of commitment to climate change the sense of urgency was much greater than i've seen before. and this is true not only of civil society government leaders but also in the business community some real real commitment the other striking thing

was the dissonance between. the theme of the conference stakeholder capitalism workers environment customers that broad perspective and having donald trump here. you know they talk of he said he was helping the middle class as he passed a tax bill that raised the tax on a vast majority of the middle class well it lower the taxes on the billionaires here and on the big corporations here that said we'll stakeholder capitalism then catch on will we see action. i don't know i think there's obviously a rhetorical flourish in the united states there's. understandable defensiveness because it's very clear that the shareholder capitalism has led to an environmental crisis a a inequality crisis an opioid crisis

a childhood diabetes crisis all these things financial crisis all these things that are going wrong with american capitalism. capitalism is not serving large fractions of our society and they know the american people are unhappy it seems like the us is the problem i mean china's leading the way as far sustainability goes so many other companies around the welt making their pledges here but we don't hear pledges from the u.s. oil majors or for mr trump i think there is a sense in which the u.s. is is the problem let me emphasize though it is mr trump that is overwhelmingly the problem i believe if we had a different administration these business leaders who are less leaders than they might be would follow the new administration with a new commitment to address these crises which are not only american crises been in

various forms are global crises is the sickly it's thank you very much thank you nice to be here. economist joseph stiglitz speaking to the w.'s and davos there and for more of our coverage of this year's world economic forum and all the other business news you can go to our web site that's t w dot com slash business. from me and the entire team thanks for the company and enjoy your weekend.

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step and every language the 1st word illegal. nico he's in germany. why not learn with him. to stuff it simple mind on your mobile and free. t.w. zingy learning course speak german made easy. every 2 seconds the person is forced to flee their home. the consequences of the disaster as our documentary series displaced depicts dramatic humanitarian crises from around the world. forgetting we don't have time to think i didn't go to university to kill people. people fear for their lives and their future so they seek refuge abroad but what will become of course who stay behind

and simply. my husband went to peru because of the crisis that if he hadn't gone there we would have died of hunger and want to now. displaced this week to dublin. hello welcome to news from the world of ops and culture is what's coming up on today's edition. germany's most expensive i am most successful t.v. series of all time is by series 3 of bob along by lynn stops this week a. touch of nature but this is digital and these worlds do not exist a new exhibition examines yannick for profit.

we begin though with the m's funds evens music prize one of the most prestigious in the classical music world it all as a performer composer all musicologist and the winner receives a whopping $250000.00 euros in prize money this year it goes to the viola player to be a similar mom who has been dubbed the queen of the viola she is also a professor of music and the award is for her commitment to helping young musicians to she spoke to d.w. after hearing the news and about the great love of her life music. and how would it be if it faded like a piano could. over the 2 thoughts but. she's a stickler for detail and she's long been considered one of the best viola player.