to calculate our well being. and growing up a storm jordan's dancing varistor at a luring new customers because with us we have. been let's do business the global tourist sector is counting the cost of covert $19.00 into law in switzerland is not only a magnet for chinese tourists and they know it is big spenders but the chinese who are turning up are more interested in buying masks than expensive swiss watch it's straight to the top of europe the young fellow you are where everyone wants to go especially in chinese normally 10 percent of the tourists see it come from the people's republic of china but beijing's group travel restrictions to contain the coronavirus epidemic have seemed to us numbers fall dramatically in interlochen residents can feel the difference. you have may have plots but also i in time we've got more space as residents normally the streets are full of chinese tour groups

and you've got to watch out for them on their bikes when you're driving. along with them all to all but right now it's quiet. this pharmacy usually sells luxury cosmetics to chinese tourists right now face masks are flying off the shelves pharmacists and on a portman how to get more in if you've only only help from school nick i thought they were sold out inside a few hours we ordered a 1000 more packs they tore those out of our hands as well they barely arrived in the queue and all the way out the door if you don't get out. here chinese visitors in interlochen certainly means losses for retailers after all the swiss make 80 percent of their watch sales to the chinese but tourist authority manager or as kessler is taking a calm approach he says that every crisis is also an opportunity right now the chinese aren't coming i'm convinced the coronavirus is media hype and it will soon die down through i'm convinced it will all be over in a couple of weeks or so why would this leak and just a question of marketing then meaning that even if the coronavirus has led to

a cooling of tourism relations the chinese love of switzerland won't be affected in the long term. frankfurt is another hub for chinese tourists let's pull in our financial guy conrad who is it is this a blip for the global tourists or will it be something bigger you rock. if this is a blip then it's got to be a costly one many people here in europe are not as cool about the risk as the swiss guy we just saw in this news report i found a number from italy the country reckons that this year it will have $5000000000.00 euros less income due to tourists not travelling to italy because of the coronavirus italy is the favorite travel destination for chinese tourists here in europe but also frankfurt its shopping district is very popular of chinese tourists and frankfurt is already feeling the pinch and not only this german trade

fairs report a lot of cancellations by german companies they do not want to take part in trade fairs because of the risk of contagion but also because of the risk that clients from asia simply will stay away and as a result sorts of being quite volatile especially for the travel industry and lines but all in all global shares do keep nudging up to new heights. that's true you know the economic risk is one thing another thing is what policymakers are inclined to do against the economic downturn today the people's bank of china lowered another key interest rate yesterday the federal reserve in the u.s. came out with the minutes of the last monetary policy meeting indicating that it's likely that interest rates are not going to rise in the course of this year all of this of course all this of course is beneficial for markets rebels in frankfurt for

us thank you very much. a quick look now at the financial impact of the op break in other areas as conrad mentioned the chinese central bank has reduced its benchmark rate for lending between banks by point one percent it also cuts key commercial breaks by the same amount the government's trying to combat an economic slowdown which is being accelerated by the coronavirus. scale that expects the outbreak to wipe out 200000000 euros of its earnings up to april if chinese flights remain suspended until then like many global airlines its cancelled made land china flights until the end of march. and quantas is reporting a severe financial impact you to the virus you straight in airline says the pandemic could cost up to $100000000.00 for the financial year it's slashing flights to china hong kong and singapore. and most countries around the world use

gross domestic product to measure their economies but critics say that's not enough the labor force all people the most important part of the equation of being left out it's why economists have today launched a new measure of wellbeing that also includes social and environmental aspects we'll talk to one of the authors of the reported a moment 1st here is what's behind the new index. massive protests in lebanon triggered by the announcement of a whatsapp for the. riots in chile after the government raised subway fares. and in france to thousands take to the streets initially because of a planned environmental tax on fuel. 3 examples that all have one thing in common the root causes of the crises of peoples discontent lie much deeper they lie in the decoupling of economic power social prosperity and sustainability this is what the authors of a recently published study say. they claim global economic output has been rising

for decades but not everyone benefits from it on the contrary inequality in the world is increasing dramatically in other words the 2 developments are decoupled from each other. the result many people feel excluded and marginalized. one suggestion that in future economic growth should not be the only indicator of prosperity in a society there must be other new indices these should then also take into account factors such as social support trust in institutions or life expectancy. possibly a 1st step towards a system which is fair and in which everyone feels at home. because then it's no one's governments to measure much more than g.d.p. for prosperity his new measurement for wellbeing is called the recap playing dashboard is the start tell us how it works it's very simple there are significant

bodies of people who feel disempowered and they feel that their communities address and that is an aspect of wellbeing that hasn't been taken into account and ology g.d.p. figures so this that sport simply tells you g.d.p. per head gives you a measure of social solidarity heim bedded your in your community a sense of agency and empowerment to what degree you've got control over your life and environmental performance and if and all those fronts you're doing fine then you're not a lot is going wrong how does a change i mean you've already looked at some of the numbers how does it change the u.s. as well as the world's top economy for example china is number 2 and germany is europe's biggest it changes everything to my mind in the us you can see the g.d.p. keeps on rising and empowerment however is stagnant and solidarity has

fallen and it fell since the middle of the 2nd term of the obama years had we known that we would have had a completely different attitudes to politics that's not only in the states but in many other countries politics is dominated by this conflict between the right wing in the left wing people who want more incentives and people who want to redistribute. people don't feel that that's what it's all about it's more about inward looking or outward looking it's in alt not right left and solidarity and empowerment. tell you something about how healthy the society is because it's going to change anything because i mean bhutan has its gross national happiness index that a lot of people know about critics say it doesn't make the brittany's any happier well the vuitton these are pretty happy to start out with but. happiness is an

aggregate measure and i believe we need a dashboard because take a pilot in a plane he's not going to take an average over the height the altitude and the speed because if you're losing altitude and you want to make up by speed you're going to crash and in the same way here we need solidarity we need agency we need material well being and we need to sustain the plan bomb and all these things have to work how are you going to convince governments to take this on because g.d.p. has been used for ever writes well g.d.p. was brought into use in the mid 1930 s. by simon kuznets who had no clue that it was going to be the rage and now we are starting something new we have devised the g. 20 from year to year the g 20 understands that in developed and developing economies there is

a problem with social fragmentation populism me 1st nationalism and these are people who feel disempowered and they feel alienated socially and diet index captures exactly that aspect thank you very much for coming in thank you. well jordan. has its fair share of coffee shops so attracting new customers will keep you on your toes quite literally in this case . when. left his home in yemen and moved to jordan he missed his family and he needed a job so he put $1.00 and $1.00 together started at a local coffee shop and brought his ancestral traditions along ever since he's been dancing on the drop. when i came from yemen i did not know what job i should get i managed to work at this coffee

shop and i like being a barista because it's a fun job you can laugh with your customers deal with many people and manage to meet a lot of people through coffee i love this job very much. and it shows every cup of coffee every glass of water. all the way to his customers and he's attracting more of them every day. his unique movements and the atmosphere he creates on the street honestly i come here because of him. business.

assassination in minsk. in an exclusive d.w. interview key witnesses amends to a state ordered cry for. the daughter of the term. those are her in court wants to find out firsthand what happened to her father 20 years ago. focus on her. 30 minutes on d w. with the different languages we fight for different things that's fine but we all stick up for freedom freedom of speech and freedom of press. giving freedom of choice

global news that matters w made for mines. not getting their money they don't want it. yes you know i mean you're monotonous and. most of it. goes over the next few cynical media macy and us all up with out about our. vision again and what it but on what. this you know i mean when you're not in a scene quite you know what an uppercase one among women are that's. what i'm focused on in this you know what i'm with what an organizer i know what is a term. is you know i mean when you're minorities and gone you are getting what are you kaya i don't want to. me number and unanimous. the show could go because i see a variety as i've said. i shouldn't quote i've only said it but i thought going on

with her today fun to. see it gets us into say i said. i am. this is student news live from berlin hates climate hano a far right extremist fatally shooting 10 people in germany the gunman opened fire at 2 bars in a town near frankfurt the perpetrator killing his victims execution style prosecutors are treating it as an act of domestic terrorism says jones on the american calling it a sad day for germany trying. to put together with people across the whole of

germany i share the deep pain felt today by the people of qana over the brutal death subs.