in a tough decision. in 60 minutes. in the art of climate change. africa. what's in store. for the future. e.w. dot com for the major cities to go to insight please enter. the deadly coronavirus continues to cause havoc as more and more countries declare cases and market concerns over the microscopic menace are spreading around the world even faster than the disease itself. be you in china joined forces with 15 other countries to establish a replacement for the don't need to defunct appeals court. and like

a biblical plague billions of locusts are descending on east africa it's catastrophic for a region still reeling from drought and deadly floods. this is the business i'm rob what's in berlin welcome along. as the number of countries declaring cases of coronavirus continues to rise so does concern on global markets chinese authorities said they expect the outbreak to affect the country's 1st quarter economic performance china's already seeing growth at its lowest for 30 years many shops of closed as the government tries to contain the outbreak officials also say there are acting to brand new hospital as in a little more than a week china has confirmed more than 2700 cases of the disease which has killed over 80 people. well let's bring in our financial correspondent in new york on this you. quarter again we've been saying the dramatic effect for china but we've also

seen the impact on markets elsewhere on than they have in way. we clearly have and we live in a connected to world i'm a lot of foreign companies are doing business with china and in china but also if you look at china it's the biggest consumer of all for more oil for instance so we also saw a sharp reaction on oil prices but also on. the wall street overall the dow jones industrial average lost a good 450 points and was that that was the worse the trading day since october nobody can really tell you what's going to happen and how the developments will be with the coronavirus meaning we have a lot of uncertainty and uncertainty is never good for global markets and therefore we had this harsh reaction all over the globe. and what sort of companies specifically have been hit by this. well as you already mentioned

we certainly see some sharp losses when it comes to the travel industry some of the big u.s. airlines dropped 5 or 6 percent in value of the same is true for the big hotel chain but also fast food chains like a mcdonald's for example or the coffee chain starbucks among the bigger losers and then also chinese stocks that trade on wall street the biggest losses we can see their reaction on chinese markets because i'm their clothes for now for the chinese new year but there's talk of the chinese stocks that trade here on wall street were among the bigger loser so it was a pretty broad range and then also casino operators for example u.s. because you know is that operated as well in china also saw some steep declines so the impact not contained to china quarter in new york thanks for your update. now last month you may remember the world trade organizations appeal court effectively collapsed thanks to the u.s. . blocking the appointment of any new judges now the european union china and 15

other countries have agreed to create an ad hoc replacement body to overcome the u.s. obstruction. amid the snow capped peaks of davos last week something of a thaw set in on the chilly topic of world trade several countries trade negotiators met at the annual world economic forum gathering to agree a way forward for the w t o system for settling international trade disputes when the us blocks the appointment of new judges in december to the w t o's body the supreme court of trade dispute appeals that body ceased to function but the e.u. has managed to agree a temporary dispute settlement system with china and 15 other countries including australia canada says korea and brazil w t o head roberto out of there though said an overall solution was still being sought but that the temporary arrangement would work for now. there are options open there

we're trying to fix it we're talking but we're not quite 'd there yet. so members are conversations a bold some form of them all to pour the interim arrangement that would allow the deal stage to slow motion for those who want to participate in that arrangement . washington has long taken issue with the w t o appeal system has not signed up to the new arrangement neither has japan or russia. now for a quick look at some of the other business stories making the news china is now the world's 2nd largest arms producer behind the us and ahead of russia according to the stockholm international peace research institute chinese defense contract is sold an estimated 50000000000 euros worth of weapons during 2017 it's a clear shift from a decade ago when china was a big importer of weapons from russia and ukraine. and german prosecutors are

reportedly investigating to form the deutsche bank employees for allegedly paying more than a $1000000.00 to a senior saudi royal the financial times says money transfers were supposedly arranged in 20112012 in order to secure the royals wealth management business georgia bank says that contravened its policies. now 2020 hasn't got off to the best start for german business as apparently a survey shows confidence has dipped since the new year a monthly barometer from the german institute for economic research fell not point 4 points compared with december well short of analyst expectations on the upside the us china trade deal and clarity about threats if boosted sentiment among manufacturers but confidence among service firms was down the report says the days are over all points to a difficult year ahead. now prime minister boris johnson has insisted the u.k.

could in. and it's 5 g. network without compromising national security the british government is due to make an announcement on tuesday about whether or not it plans to let the chinese company play a role as a decision the u.s. has been trying very hard to win. there's been no soft touch from the u.s. when it comes to the u.k. and huawei the white house has made it quite clear that once the chinese firm frozen out of britain's 5 g. network that considers the company a security threat and believes huawei could enable beijing to spy on the brits it fears that of british secrets become compromised so can those of its allies including the americans but british prime minister boris johnson now believes there's no cause for alarm. there's no reason why we should have take the logical proof us here in the u.k. consumers businesses in the u.k. to have access to fantastic technology fantastic communications but also

protect our security interests and protect our key partnerships with other security powers around the world. donald trump's administration has warned johnson's government that involving huawei in the network could compromise a post breaks a trade deal between the u.s. and the u.k. the british prime minister's decision will be watched closely by is allies across the atlantic. next fall as in east africa a struggling with the region's worst infestation of locusts in decades they're facing on crops leaving behind devastation and it sets to get. clouds of desert locusts sweeping into a region that has enough hungry mouths to feed just one square kilometer of the giant swarms like this one in the pasture lands of northern kenya can contain 40000000 ravenous insects they eat as much in a day as 35000 people it's

a major threat to food security in east africa a region where millions of people already go hungry africa alone we have 2000000 and 27 that number over 80 percent actually is in eastern africa so we want to be sure that this that's not. diminish to his tuition where we have. the adding speech. to fight the swarms and aerial counter attack pesticides but kenya and ethiopia have only a handful of planes to spray chemicals and a vast area to cover the un's food and agriculture organization puts the cost of spraying in eastern africa at more than 60000000 euros. the plague is driven by climate change and it's altered weather patterns much like the bushfires in australia but here the so-called indian ocean dipole brought unprecedented rainfall ideal breeding conditions the motion was due to an unusually

award western indian ocean. some of egypt have seen the most thrilling full in any. recorded history experts fear the locust numbers could grow 500 times by the summer and spread to neighboring countries. roy a pin to the portuguese hacker behind the football leaks website which expose corruption in soccer has apparently struck again he claims responsibility for the leaking of hundreds of thousands of files of business dealings by isabel the son tossed the daughter of his former president the so-called new on the leaks allegedly shed light on how africa's richest woman built her vast business empire she and her husband found hundreds of shell companies in tax havens like multum richest and hong kong according to pin to the hacker is awaiting trial in a lisbon jail accused himself of trying to blackmail an investment.

and finally we'll take any excuse to keep things cute here on detail when you business this time it comes courtesy of russia have a look at this this is the hedgehog cafe that was started by a moscow businesswoman after she befriended a hedge while out collecting mushrooms she decided a new power would be a good way to tempt people into a cafe as you can see it seems to have worked hedgehogs on norman normally or nocturnal of course but these ones have been trained to sleep during the night. and that's it for me and the business team here in berlin good buy.

every 2 seconds a person is forced to flee their home. the consequences come into sastra as our documentary series displaced depicts traumatic humanitarian crises from around the world to. look at them we don't have time to think i didn't go to university to kill people i fully expect that day i mean

a handful of people feel for their lives and their future so they seek refuge abroad but what will become a farce to stay behind it's a claim. my husband went to peru because of the crisis. if he hadn't gone there we would have died of hunger i'm gonna. play displaced this week on. happiness fears for everyone szymon penises are very different from primates few nests we have a totally ridiculous romanticized view nature. and this is climate change crisis sex help us improve books get smarter for free you know we've books on. sleep. carefully.

the soon. to be a good. match. discover the. subscribe to the documentary on you tube. hello welcome to news from the world of arts and culture we begin today with a topic concerning everyone here in germany at the moment the 75th anniversary of the liberation of the auschwitz death camp there are many events taking place around the world and also holocaust survivors are relating their experiences once

again so that the world will never forget what happened on such survivor got friedland. at 98 years old margaret friedlander is one of the few remaining survivors of the holocaust. as a young woman she lived in this berlin apartment building with her family then the nazis murdered her brother and her parents her mother before she was deported to auschwitz left her message try to live your life for a time and i managed to hide. mange. i owe it to the people who helped me. who didn't just luck. when the nazis found her they sent her to the concentration camp today she tells young germans her story. was like

a huge.