but dollars in front of cash strapped cuba is. very painful let's do business what started as a health emergency in china is fast becoming a financial crisis for southeast asia governments are looking for ways to support their citizens and economies through the up break however long it may take from cash handouts to math cleanups the region's rulers of being forced to react. china's state t.v. is very keen to show that the country's back up and running beijing has announced the restart of major infrastructure projects such as along this row a line in chongqing the government says around 40 percent of rail works are back on track so to speak trains are also key to another initiative aimed at getting china's economic engine running again this specially chartered service is delivering workers to beijing state t.v. says they're being transported under strictly controlled conditions down or trained or not they're sent to the railway station by special at us and get directly on the

train through a special channel in the carriage specially reserved for them they're required to sit separately after they arrive at the factories that we placed in quarantined management center. in the country 2nd worst affected by coronavirus south korea public transport is also a key battleground busters having to be regularly disinfected. as well as transport south korea's tourism industry is taking a hit with many museums around the country now shut. in japan there's an urgent call to organizers of large events to consider auteur in their plans. but not as a look at about the money or not there's a big risk of transmission that nationwide sports cultural activities with large gatherings of people other people with that in mind we ask you to either cancel or postpone scale down these events. keep it short or not and

in virus and protests hit hong kong the government has just set aside its biggest relief fund in decades the announcement includes news of a cash handout of a little over a 1000 u.s. dollars to each of the city's $7000000.00 permanent residents some relief for hong kong as for him masks on the streets became a common sight even before coronavirus came to town. the globe is bracing for a long battle and europe is bracing for more affections the hot spot here is northern italy with over 300 cases and around a dozen deaths but as all folks also being 2 deaths in france they've also been cases confirmed in germany austria switzerland finland sweden belgium britain spain and croatia some people have already become but the disruption to supply chains is posing a threat to bigger economy is like germany france and italy where growth is already weak we asked the president of the killings the truth for the world economy. if

it's puts globalisation in question yeah i think so i think so because what we're learning now and will businesses learn now is how fragile the gold production system really is it reminds me of the lehman brothers call ups into the garden 8 where all of a sudden you know many people became aware that the financial system is very fragile and since then we've seen a reorganization of businesses how they run their financial structures for example so that if they have to rely much less on bank credit for example as a consequence of that and the thing something similar could materialize also out of the corona crisis. in 2012 a couple of entrepreneurs turned an abandoned army post in germany into a business center for chinese firms it's now one of europe's biggest chinese trade hubs in the coronavirus it. business developer michel is

proud of what. the u.s. army used to be stationed here but for several years chinese business people have been living working and doing business from the so-called world factory but these days it's quieter than usual deets notices when walking through the office building some business people have postponed their return to germany after the chinese new year all because of the 19 virus people here don't even want to talk about the epidemic they're afraid that bad news might damage the project. everyone is trying to keep a low profile. the virus is compounding an already depressing mood disputes concerning the mobile network supply a well way have already been straining see no german relations as well as every day business. with feeling the pressure here we're noticing it's difficult to get visas approvals in the embassies are noticing it's increasingly difficult to attract

chinese investment in germany. and. investors that's why the 3rd building hasn't been finished yet. but found jane ho isn't discouraged she continues to work discussing new projects with the business development agency the virus might even have a positive side effect chinese entrepreneurs are taking advantage of the forced. as in recently we have more. client to consult in the us has settled on a new business here because before some of them they sing about doing business ok in thailand and then we just care about the china market it's ok. it's firmly believes in the world factory project that's why he sent a video message of solidarity to those affected in china he's looking forward to everyone coming back to help when the crisis is finally over. a quick look

at some of the other effects the outbreak is having. calls the impacts on the airline industry brutal its dutch carrier k o m is making budget cuts due to a slowdown in business it's cutting back on hiring new staff and external consultants killing new i t projects and offers for focus from plans and significantly reducing travel expenses. the german airline is also feeling the pinch announcing a recruitment freeze its cutting costs after flights to mainland china and hong kong were put on hold due to the upright fans its shares have suffered over the past week falling by 14 percent. and french luxury goods make a mess and record results last year thanks to soaring to imagine asia the coronavirus did see 11 stores closed 7 of which are now back open and he says it's

still too early though to assess the potential impact on earnings this year. disney's long serving c.e.o. has stepped down bob iger led disney and its takeover of 21st century fox and its recent launch of streaming service disney plus he has the keys to the magic kingdom to another long time company insider. his resignation surprised many disney c.e.o. bob iger longtime head of the multi 1000000000 euro and iconic entertainment empire . he oversaw some huge acquisitions over 15 years as c.e.o. 21st century fox pixar and the star wars studio lucasfilm and more recently launched a netflix rivaling streaming service disney plus. under iger last year's top 5 blockbusters were all disney movies and the box office record was also set by disney disney plus its streaming service already has

28000000 sign ups widely seen as a successful start business is booming despite several parks being shut in east asia due to coronavirus fears hurting disney stock prices in the short term as a result. his success is the reason for change according to uyghur now is a good time to make the handover to another longtime disney insider bob. nearly. cash strapped cuba desperately needs foreign currency and so the government has ruled that highly desirable products like cars can only be sold in u.s. dollars and at least one second hand dealer in havana. the typical cuban vintage car the tourists love them but they're not exactly practical many cubans dream of owning something a bit more up to date hence the long queues of the 1st cars for dollars sale this

man is one of the lucky ones. though a pretty boy is it the price was still a bit high. but never mind you just do your best to get your family around really. the prices are indeed somewhat steep this toyota exchange hands for $80000.00 twice what it would have cost in the us. but if i want to pay that much for a car no way that i'm up at us and we hope that the government has a rethink and starts lowering prices. just one in 20 cubans owns a car most people here have barely enough money to survive and so as long as the prices for used cars remain so high most will simply have to hang on for a while longer. french car giant. and a pfizer drop in sales to report record profits for 2019 the company says it's down

to better products which fetch higher prices hearsays their profit rose 13 percent to $3200000000.00 euros. the world's largest car maker says it is stepping up its green efforts by pledging to hire a climate campaigner c.e.o. have at de stoled the financial times the activists will be able to scrutinize the company's environmental policies the pledge comes as the group of the 30000000000 euros into battery powered cars and a 1000000 emissions free vehicles in the next 3 years the climate activists have criticized the order maker for continuing to sell gas guzzling s.u.v.s and its slow transition away from combustion engine production. and a doomsday vault in the arctic has received 60000 new seat samples which are being stored there in case of a global disaster i made mounting concern over climate change and food crop

extinction groups are adding their seeds to the collection on norway's spitzbergen island the new seeds include beans squash and corn from the church nation the 1st native american groups to set props to the boat a facility was launched in 2008 with the aim of safeguarding biodiversity it now has over a 1000000 varieties of seeds. still in business with you. see

. are we about to run dry. no no not. water is very big business and it's getting close gas. what do we have to do not to high and dry. do we have to rethink the what industry. made in germany. it's w. o t. m l keep learning. wait a 2nd we want the whole picture because facts instead of make ideas shifts to live

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is. the cut. made for minds. this is the big news live from global coronavirus cases soul fueling fears of a ton demick for the 1st time officials report more new infections outside china than inside the virus pushes across the globe we'll take you to italy which is becoming europe's frontline in the fight to contain the outbreak also on the program.