who's going to. tell my managers. you know the banks. and who watch the language of the bank the money. speaking the truth global news that matters w martens. a super charge shares rally has made tesla the world's 2nd most a valuable car maker is this what electric dreams are made of for a crash waiting to happen. also on the show we take a look at the again it's not a 2 a $1000000.00 drug for a rare genetic disorder its maker novartis is giving it to $100.00 babies for free by a lottery system critics say it's an ethical. and brags it may bring the famed

booze cruise between cali and the u.k. it was found still. this is v.w. business i'm joined now the milan and berlin welcome a race to snap up tesla stock has the electric car maker hot on the heels of the world's most valuable car maker for now that's still to you know it up but analysts say that the rally that pushed up tesla share price past the $900.00 mark on tuesday is a sign of a rising faith in the company's eccentric founder in long musk and his ability to deliver but others still are quick to warn the bigger they are the harder they fall . i sometimes success can go to your head be alone musk in china last month unveiling the model why i detest the phone you're losing himself in the moment and no wonder these are electrifying times for the economy car.

2 consecutive profitable quarters sales growing and share price up 20 percent in a single day tesla is no valued at a staggering $140000000000.00 u.s. dollars for context that's more than b.m.w. and volkswagen combined and general motors and ford are also left far behind the heat at 48000000000 and 35000000000 respectively. and november must parked his tanks on the competition's lawn announcing that he would be opening his 1st european factory in this forest near bell and tasteless rice is now a real threat to the dominance of the big beasts of car making like volkswagen b.m.w. and dime la all of whom dogged by the diesel emissions scandal in recent times. tesla meanwhile continues to create a star with products like the cyber truck questions though still linger as to

whether this inventor cumshaw mmon worth much but can bring a long term success when demand slows and cracks appear. joining us now is our financial correspondent yes carter against the spite all that froth now tesla's is still the most shorted stock in the u.s. it has a history of ups and spectacular dow is what you think is going on this time around . well the sky is the limit and there is a term what's happening right now here on wall street folderol fear of missing out so investors are afraid that they might actually jump test the car too soon but it is clearly is stunning what's going on over here the stock is now worth about $900.00 doubling just so far within this year and to yours only a couple of weeks old one analyst to the surprise target of

$10000.00 another big tesla investor is saying that tesla actually could have a yearly of revenue of a wild wild one trillion dollars in about 10 years well the big bet is that tesla is not a car manufacturer but to gain knowledge easy and i'll turn it to energy play but clearly a lot of analysts are just scratching their heads and getting a bit anxious that this has been too much too fast and thus there is about the way by phone well i guess that isn't our 1st but zooming onto the larger market i'm not activity around tesla kind of shows that investors are already into much about domestic politics say or global issues like the coronavirus what are they. yeah well if you talk politics there was a little bit of a debate going on here on tuesday if all the eye of a caucus trouble might play into the cards of the reelection of u.s.

president donald trump and in general investors at least on wall street probably would favor a reelection of the current president but other than that we see that money is floating the market once again the people people's bank of china on tuesday announced that they are pumping billions of dollars into the systems there is speculation that the federal reserve might cut rates next month if necessary and that really got the part that market going and well as i mentioned for more fear of missing out that might also be a reason why investors bought into the stock market to blue chips gained a good 400 points on tuesday up by about one and of percent. carter helping us to not miss anything thank you very much swiss pharmaceutical company novartis has come up with a wonder drug for a rare disease a single dose treatment of solid gensler can cure spinal muscular atrophy

a deadly illness the drug has only been approved for use and the united states so far and it's made in small batches it's the world's most expensive medication and out of reach for most now out of artists has become has begun issuing to 100 babies and children for free but chosen by lottery throwing up enormous ethical questions . and that mohammad has trouble breathing and he can't walk his muscles are wasting away the boy suffers from spinal muscular atrophy as a deadly disease the new novartis drug could cure muhammad with a single dose costing 2000000 dollars novartis argues that its lottery will help $100.00 children around the world like mohammed but patient lobby groups say the scheme doesn't solve systemic problems of high cost and regulatory approval. to assume they want to make the drug excessive all to children and there's always

the huge hype and pressure. high of course parents of 6 children will do everything possible that's what i would do as a father. finally we can assume that this law seems to be a means of expediting the drug approval process. nor baucus says its capacity to make the drug is limited. hold it said i lemme we simply don't have as many doses as we would like despite all the criticism at this point there are no proposals for any better alternatives and quote. there's only one alternative treatment for estimate. of the drug doesn't work for every child and it has to be injected into the spinal cord every 4 months that's why many doctors would prefer. naturally the administration is all against my is less

invasive and there's no evidence the drug efficacy is any worse and. would of course make it an easier treatment for the patient group which it would be approved by hung and that also relativize is the $2000000.00 price tag for a single dose of the against my lifelong treatment with your turn of the drug would cost a whole lot more. for decades now brits have been taking one hour ferry trips across the channel to the french port sound of cali to stock up on cheaper alcohol in the early years they were availing themselves of colleen's duty free is out then with the introduction of the e.u. single market and $999.00 they enjoyed the fact that there was no restriction on how much they could buy now with britain out of the e.u. the future of the so-called blue as friends is in jeopardy back in the ninety's it was known as the booze cruise ferries chipping hordes of brits across the channel

to the nearby french port of calif to stock up on duty free alcohol and cigarettes . duty free shopping within the e.u. ended in 1999 following the creation of the single market. but the hordes well they kept on coming back then the pound was much stronger and as a you members brits could now avail themselves of as much cheaper french grogan's they could carry as long as they didn't resell it back home after a break that cully locals feel losing their wholesale booze business should london also introduce import tariffs on france's famed intoxicants by this time next year entirely different rules could be in place making it less attractive for brits to make the trip. that's prompted local representatives to lobby the french government to want to restore the old duty free zone the government wants to understand that's . letting kalai and the r.e.i. think that you'd be free in no shops even restaurants. would bring

a lot of people would create employment and will create taxis the fate of the town of kalak hinges largely on how trade talks between the e.u. and u.k. progress with 0 tariffs and frictionless movement far from being a given the future of the booze cruise like many other age old british institutions hangs in the balance. turban sweets heavy weight haribo has launched a complaint against the spanish company that selling gummy bears similar to its own but with one key difference all see just as colorful bears which have an alcohol content of 15 percent made up of dog got sick he learned whiskey specifically arvo says consumers could be misled into buying the spiked bears a spokesperson said that for haribo children and the consumption of alcohol our fault ritually exclusive. tiffany and co is the destination for the

rich and famous with a taste for fine gens now l.v. m.h.a stopping up the world famous jewelry company for just over $16000000000.00 tiffany which is famous for its high priced diamond rings and necklaces presents a challenge for its new owner analysts a l.v.n. major needs to refresh the brand to make it relevant for younger buyers this is just the latest in a long line of acquisitions for the world's top selling luxury for. thanks for watching.

to know that 77 percent blockage are younger than 60 caught. me ends meet and. a lot of time all voices. on the 77 percent talk about the issue. from the toilet seat to flash from housing boom times this is where.

welcome to the 77 percent. this weekend on g w. i'm not going to think out of the gym because sometimes i am but i stand up and whip the 7th avenue thanks deep into the german culture of looking at the stereotypes of the classics in here think the future of the country that i'm playing. yes needed to take from this drama they are to me it's all about. nothing i might show joins me from the german sunday w. . post. this for me. is for you. as for help. beethoven is for. return is for the.

beethoven is for us. is for the movement. beethoven 2020 for 250th anniversary here on deal done. welcome to news from the world of arts and culture we've been speaking to one of the world's top authors of children's books. about her latest project also coming up for photographer marco schmidt scenic landscapes he prefers the chaos of deserted homes abandoned by their own. and a unique eating experience from all the senses up in the skies above the spanish city

of boston. children's author is sometimes referred to as the j.k. rowling of germany books are now available in over 30 languages and she's sold over 26000000 of them it was a trilogy beginning in 2003 that really made her internationally famous meanwhile her popularity hasn't waned indeed it has grown and each new book is eagerly awaited by have fans she recently spoke to us about her latest venture with mexican film director yaml total. drama about fascism betrayal and magic it's also fantasy. favorite film the work of mexican director. toto when he asked if she wanted to write to know.