so for our to washington w. news from berlin coming up next business with kate ferguson and don't forget you can get all the latest news and information around the clock on our website e.w. dot com i'm brygada for all of us in berlin thanks for the company. coach of it makes. sure link to news from africa the horrible story link to exceptional stories and discussions from these events and i would say debited comes next week join us on facebook for god. good news crime fighters are back africa's most successful radio drama series continues this season the stories focus on hate speech cholera prevention and

sustainable charcoal production. all of a'sssos are available online and of course you can share and discuss on africa's facebook page and other social media platforms. crime fighters tune in now. get. gearing up for a sell off a lecture carmaker tesla is preparing to offload $2000000000.00 worth of stock this despite c.e.o. you longmont insisting the company doesn't need the cars will go to wall street to find out what's behind this surprising news. argentina's government takes hold talks with the international monetary fund the government hoping to renegotiate a month of loans that critics say is come time during the country's economic misery . consumer culture are states very worst every year billions of dollars worth

of returns processed and they lump ill will tell you why online retailers like amazon prefer to burn on wanted products that donate some. of your business unpaid ferguson welcome tesla c.e.o. elon musk cause once again surprised markets this time with the announcement of a major stock selloff and we can see just how a major right here shares worth 2000000000 dollars will go on sale the decision comes off for a meteoric rise in the company's share price over the past few months since june of last year the company's stock has more than quadrupled making the prospect of selling off an order to raise capital all the more appealing. but it hasn't all been smooth sailing for tesla the company's shanghai facility was temporarily closed because of the coronavirus i brake tesla has also had to recall 15000 model

x. s.u.v.s like this one because of an issue with the power steering assist. to find i bought all of this means less cross over to g.w. financial correspondent gets caught on wall street. will investors be flocking to buy tesla shares. well clearly they did so here on thursday the stock having another strong showing gaining almost 5 percent in value and after this a huge rise in the stock price of the prize is just too good for tesla to refuse and there was so much going on in the past couple of months last summer there was a lot of guessing tesla might be running out of cash wall street betting against the stock but then the opposite happened and now with tesla being so well you were able. to decided to take advantage of that and give more shares

at least for now does not seem to have a huge cash problem at least for the moment and yes i can't let you go without talking about huawei the news coming in that the u.s. justice department has filed new charges its time accusing the company of plotting to steal trade secrets how significant is this. well the claims that. chile is stealing. trade secrets that they're going after a peyton's from western technology companies those claims are not necessarily new but what the u.s. prosecutors are doing now is they actually treat you well by as if they are a criminal organization so that's clearly an escalation so this is the legal side and then clearly we also have the political side ministration tries to convince.

other countries to not do business with you or why especially when it comes to the new 5 g. network so it's clearly escalation between. the u.s. government and probably old saw between the u.s. and chinese government all of this adding to the existing tension and quiet on wall street thanks so much. argentina's government is holding talks with representatives from the international monetary fund in the hope of finding a solution to the country's massive debt problem over the past few months the value of the peso has plummeted making it all the more difficult to pay back loans and this amid widespread poverty and high unemployment. the argentinean government uses food stamps to fight hunger in the centers where they're handed out there are long lines ever fewer argentinians can afford to shop in supermarkets the inflation rate is among the highest in the world at over 50 percent the economy is shrinking

and unemployment is on the rise more and more people are sliding into poverty. the current government has only been in office a short time it can't be blamed for the crisis economy minister martin goes monday narrative device debt burden and it's clear who he blames it is an informal one of the international monetary fund is also responsible for the debt crisis and the economic crisis that argentina is experiencing today. whether or not that's true it's what most argentinians believe and they're furious with their former president mary snow mockery who took out a deeply unpopular $56000000000.00 bailout loan from the washington based i.m.f. and 2018 the i.m.f. biggest ever loan required cuts and spending nearly all the money was used to service payments on the national debt and pay back other creditors that's why argentina booted out the old government and that's why i m f representatives are in

town these days to negotiate debt repayment they're not welcome at the demonstrations and when as i raise european plane maker airballs has posted an almost 1500000000 dollar loss for 2019 the news may seem surprising given the dire 12 months if american wife will boeing has had but it's crimes from the past for which are both tone. in 2019 airbus should have been well flying it hadn't posted a loss for a decade and boeing 737 mac's crisis saw the european company saw to become the world's biggest plane maker but instead sank to a disappointing annual loss the question is why. well for one thing problems delivering it's a 400 m. military transport hit the company to the tune of 1200000000 euros it also struggled with production delays elsewhere but ever see exact speaking on thursday

knew the biggest factor driving their company into the red was a great form of corruption a small which final agreement with the french authorities is ordering investigations into airbus we have agreed to. 3.6000000000 euros press interest in costs this is the price to pay to turn the page on the practices and move forward the practices dion for he is referring to the bribing of public officials around the world in order to secure contracts airbus was accused of corrupt activity in at least 20 countries between 2004 and 2016 following a 4 year investigation it agreed to pay the fines approaching $4000000000.00 euros . there may still have been smiles at airbus as results announcement on thursday after all if you ignore the fines the company was safely in the black last year but

a scandal that once resulted in the resignation of your entire management team is a difficult thing to ignore. now here's a statistic that might shock you every year an estimated 7000000000 euros worth of brand new and used goods are destroyed in germany one of the biggest offenders is online retail giant amazon our next report explains why it's often more economical for a company to trash goods than donate them. these photographs are a testimony to our consumer society the show brand new christmas lights electric fires and books still in their original packing goods that will never reach a consumer because they're destined to be destroyed journalists discovered that a waste disposal company removes containers full of new goods from the site every week and takes them to be incinerated. into heat and is a productive valuable resource is going to every one of these products which are

often small products made in se asia and shipped around the world and it's a comb. these pictures come from this amazon site near humber amazon packs and posts around 1000 parcels a day here most are from 3rd party vendors who appear to store their goods at the site amazon takes care of sales and shipping. economist biarne as dekker has carried out extensive research of the amazon business model according to as decker if 3rd party vendors can't sell their goods storage costs will eat up the profits and i take the idea that if an article hasn't been sold in a year then storage costs rise to 170 years picky. by then it's clear and calm people for the bill and it is a pressure tools destroying the goods and so on the tank that. amazon doesn't deny that new goods are being destroyed the company says it's a general problem in the industry but why can't the goods be donated to the german retail federation says they would still have to pay sales tax and they want that to

change the german government however believes the transparency law could be enough to decrease the number of brand new articles getting dumped. via one can obviously want to know exactly what measures the dealers are taking to ensure unsold products or new products don't become waste for example by selling these products more cheaply or by donating them i think that many companies will reconsider their actions if they have to make it public later that it is actually an efficient use of. the government says in the future the trashing of new goods should only happen in exceptional cases and it will be made harder to destroy brand new or returned goods the new transparency law would force retail giants such as amazon to publish figures and goods they destroyed so it would be at least clearer as to what extent our consumer society throws things away. now if you're still searching for the

perfect valentine's day gift and your unbridled affection isn't enough you may want to consider a 1000000 dollar bottle of whisky this collection of 100 year old bottles of whiskey used to belong to a u.s. boxing tycoon but they could be yours if you have some change to spare among the collection is a rare macallan $926.00 it was auctioned off last year at sotheby's for just under $2000000.00 it's. a simple happy valentine's day would be enough for me on that for me and the business team here in berlin you can get more on our web site up to me dot com slash business for on social media to drop us a line there for me it's goodbye and taken.

to the conflict zone just to sebastian. my guess is we nearly drove is the joes or green star the hans solo who is a leader who executes closer to reducing the move could you use the bounce a groom sewell's a real church or will it continue to provide opportunity cover for priests who commit these a fool food clothes conflict. 60 minutes. how's

your view of the world. where i come from but all of that glitters is gold just like with chinese food that's measure of where i am is it believed reminds me of home after decades of living in germany chinese food is one of the things i miss the most but that taking a step back i see things a little of different terminology brand of fluids personally going to asians that exist to other parts of the world haven't been after the men set in china that you've knocked up time that people wondering if they're bored a lot of people have arrived to learn that is this is the job just under the my how i see it i don't understand why i don't know my job because i tried to do it exactly this hour a day my name and the names you and i were added up to. 2

and on demand. language courses. video or. any talk. with. w. . this is t w news africa coming up in the next 15 minutes mass mobilization in malawi thousands have taken to the streets demanding the country's election commission have to be sacked this off to a court upheld a ruling to cancel the results of last may's poll will get a report from the language. and it will take you to a far east in kenya where women are earning a livelihood farming but the flight is it's also saving the environment.