impact the economy. made sure. every journey begins with the 1st step and every language but the 1st word heard from the. rico is in germany to learn german and why not with him simple line on your mobile and free. learning course nikos speak german made. deserted streets international travel at a standstill companies close for business the coronavirus continues to wreak havoc on the global economy so why aren't our investors in a good mood we'll go to wall street to find out it's. also coming up 155000 jobs are on the line as german car giant time or in a worst performance in

a decade the c.e.o. of colonial house what it takes to turn the company's fortunes are private. business on paper i guess. we begin in china where authorities are stepping up attempts to protect the economy from the worst effects of the coronavirus tens of billions of dollars worth of stimulus have been announced on cities like shanghai have cut lending rates businesses are snapping up the cheap credit suggesting they need all the help they can get. cities are virtually deserted shops closed transport links at a minimum customer is nowhere to be seen with economic activity at a standstill across the country many businesses are now seeking billions in loans to keep them afloat. banking sources in beijing of told reuters that around $300.00 chinese companies have sought loans totaling more than $8000000000.00 u.s.

dollars to try and soften the impact the crisis comes at a time when the chinese economy is in the middle of a difficult period of transition the government has already pumped more than $200000000000.00 into the country's financial system to avoid volatility and yet there was optimism on the global financial markets after a top chinese health advisor suggested the epidemic would soon peak and could be over by april and a statement on chinese state television. according to our mathematical modeling the epidemic will reach its peak in the south after the middle of february or in the 2nd half of february. still the situation is one of contrast as the death toll climbs above 1000 and the optimism is simply not reflected by the reality on the ground a report published on tuesday by a senior member of a chinese government think tank says the outbreak could take at least one

percentage point of china's entire g.d.p. for 2020 more bad news for china which will inevitably impact the health of the global economy. now earlier the chairman of the u.s. federal reserve powell presented his monetary policy report to congress this on a day when stocks were hissing new highs despite fears of the coronavirus i asked our financial correspondent yes caught on wall street whether the fed was even paying attention to the it frank. yeah there do think about the coronavirus and their absolving the very closely and i guess that is probably the main reason why the markets are still so upbeat because the federal reserve basically is hinting if the situation gets worse if it takes longer before the coronavirus is being dealt with the federal reserve actually could cut interest rates in other time and it's not just the federal reserve but also the people's bank of china reacting so it's

all this cheap money flooding the markets that is keeping the rally on wall street or life and scott on wall street so much. and it seems no event is a new to the effects of the outbreak the singapore air show is the biggest gathering of its kind in asia its last edition 2 years ago attracted more than assizes companies this year though the numbers are down. flying in the face of adversity these chinese fighter jets did make it to the singapore airshow this week plenty more didn't. buy any ill aerospace event opened on choose day but the deadly corona virus outbreak has seriously clipped its wings singapore is a long way from china but it has reported $45.00 cases so far. as a result over 70 exhibitors including major players such as military aircraft maker lockheed martin and the canadian plan maker bombardier have skipped the event at

least 10 chinese companies are also not here due to travel ban on those coming from the country imposed by singapore. well i notice that there are difficulties with the church and this morning i think some people didn't turn up the notice they they seem to have reduced presence. but this is still a major industry event boeing and airbus are in attendance among 930 exhibiting companies is one of the biggest global shows of its kind organizers have imposed strict medical checks and hunch shaking is being strongly discouraged not that much of that was expected here anyway with few anticipating any major deals to be announced while the outbreak has hampered this event those attending are hoping that the longer term impacts on the aviation and aerospace sectors will be kept to a minimum both with chinese g.d.p. for 2020 expected to lose at least one percent on the back of the outbreak that

looks like an increasingly for lauren prospect. t.-mo pile is one step closer to taking over u.s. mobile networks friends this hour for a judge rules that the $26000000000.00 deal does not the full file of competition laws. opponents to the deal say prices will rise since the sprint purchase would bring the number of u.s. mobile networks down from 4 to just 3 miles says the agreement is likely to be signed as early as april. dimas profits have fallen for the 2nd year in a row c.e.o. like lenny is still pretty new to the job and now has the results they were the worst in a decade earlier on tuesday the diesel gate scandal trade tensions and the move towards electric mobility have made his 1st few months and i think bust easier right. time a boss all

a colonialist attempted to downplay the disappointing figures with comforting phrases like investments in new technologies and special expenses profits in $29000.00 was 64 percent lower than the previous year at 2700000000 euros the results are much worse than expected if you not feel a negative message of a person feel the financial results that we're presenting for 2019 are not those that we want to see in the future. it's not enough. it's not fair to this good in proud company. but then again i don't accept it and we're making new plans for the future of us of europe for hot food it's a court but it won't be easy for the ailing car company diners electro offensive is sputtering due to a lack of high quality batteries and customers hesitating to buy on the diesel case scandal is also partially supply for the lackluster showing. time to spend lots of

time and money on class pickups production had to become suits due to low sales numbers. the situation is hitting dimas employees hardest job and business daily hundreds but reports the time of plans to cut 15000 jobs right. now let's get an overview of some of the other global business stories making news . cisco systems sprint and facebook are the latest tech companies to pull out of the upcoming immobile world congress over fears of the coronavirus it's not entirely clear if the events in barcelona will go ahead out all night with organizers reportedly preparing to meet on friday to make a decision. global energy related c o 2 emissions state floss in 2019 despite worldwide growth of nearly 3 percent

according to the international energy agency which says wind solar energy are helping to keep carbon dioxide levels stable. the u.k. says it wants closer trade ties with the countries but it's left the european union britain's foreign secretary has been visiting malaysia as part of a push to promote his country in southeast asia he told the malaysian foreign minister the u.k. was seeking a quote new modern dynamic friendship for the future britain is on something of a charm offensive as it seeks new deals to replace trade agreements. to iran where hundreds of thousands of people have been marking the anniversary of the 979 revolution the uprising led to the talk of the country's monarchy the a stop us mint of a theo across a police state but 4 decades on political discussion in the country is dominated by

ever soaring tensions with the united states and the economy that's been crippled by sanctions. it could be a birthday serenade the street musician is playing here in the north of terror but iranians hardly feel like celebrating on the 41st anniversary of the founding of the islamic republic their country is struggling to cope with u.s. sanctions and international tensions. in goa other than the quality of life isn't good at all we have pollution angry people high prices huge class divisions and the country is isolated. this. could have the economic conditions are now really difficult especially for young people have somebody japanese. and that's why many of them are leaving they see no future in their country. the crisis can be felt everywhere oil exports have collapsed and

because of the sanctions the banking system is almost ground to a halt the currency has lost half of its value in just a few months. when you hire them out of course these sanctions affect things and it's the people at the bottom who are under pressure. and then there's that runs an islamic police state more and more iranians are taking to the streets against it so there really is no reason for most iranians to celebrate. and that's it for me in the business scene here in berlin you can get more on our website at www dot com slash business or also on social media to feel free to drop us a line on facebook and for me it's good bye and take it. good

to visit a friend. jointly from africa and the world tour link to exceptional stories and discussions from them easy to outwit safety demo to come smash the truth come join us on facebook at g.w. africa. in the army of climate change.

the transfer assumes comes. to soon if. they have no further future. the dot com for chemical city the go so clear cut or. you mean both. come prove it since. you want to look with no school. you want to be use it on a lab to. go see the doctor. when you fall in love they won't. you don't have children for fear they'll be invisible to.

know. when you've gone there's no. never. 10000000 people in the world at stake they have no nationality and told them. that everyone has the right. everyone has the right to say. hello and a warm welcome to our news from the world of arts and culture coming up on the program. a ballet school for the blind in sao paulo brazil is the only one of its kind and a documentary film tells the moving story of some of its students. and

underwater photographer only could take the plunge in some of the world's least hospitable waters to document the wildlife and the state of the ocean. but we start off with sustainable fashion which in itself is a bit like an oxymoron given the fast fashion collections that are a throwaway culture craves but there are moves afoot to curb one of the most polluting industries on the planet art see if is an israeli designer who has returned to his moroccan roots and with a very minimalistic team he does high end up cycling to great effect. of value at the foot of morocco's high atlas mountains is the backdrop for a photo shoot starting to a model from the region. is the face of america's fashion label art scene by israeli designer are you from. the frost designs take.