britain's fly being collapses after a plunge in demand for travel. and a waste of what not one woman's vision is me and to turn trash into treasure tackling 1st his rising mountains of plastic rubbish. and then for us all an extra business european stocks are under pressure but asian exchanges are holding up today despite the apocalyptic sounding news of a virus spreading around the globe like wild wildfire there are tentative signs of chinese companies for the grinding back to life after weeks of lockdown after weeks of shutdown and quarantine these pictures from china's state news agency show the country is getting back to work it insists 3 quarters of private businesses are already back up sharee owners are obliged to abide by strict hygiene measures such as providing face masks and disinfectant for the employees workers have their temperature taken twice

a day but getting the assembly lines rolling is often easier said than done i'm afraid the situation on the ground doesn't look so optimistic although the chinese government figures officer figures show that over 70 percent of the of the production has been restarted and in some certain provinces like want all it's more than 90 percent but they are mostly big companies small business reported that only less than 30 percent of them are back at work but they do expect for production in april and almost all workers returning to their jobs in march. more than 100000000 migrant workers still stranded in their hometowns after the lunar new year's break and can't get back to work as many bus and train services have been suspended to help clear up the corona virus outbreak it's hard to get back to china's southeastern factory built to get keep scots employees some manufacturers are

offering to pay much higher wages up to $1800.00 yuan on $250.00 a day for specialists despite the renewed activity many analysts say china's economic growth will be fled to negative for the 1st 3 months of the year getting back to normal will take time india has ramped up the screening of travelers as it introduces measures to keep the coronavirus a bad a spike in cases in delhi has prompted the government to keep all state run primary schools in the indian capital closed until the end of much it's also postponed a planet planned summit with the european union in brussels next week of hari of new cases in india has experts warning it may be hard to contain in densely populated south asia with generally polled medical infrastructure. iran's oil minister says opec ministers have agreed on an extra one and a half 1000000 barrels per day cut in oil production

a meeting in vienna tehran says if green it allows it to remain exempt from the reduction there's been tension though over getting known opec member russia on board preprocess have dropped 25 percent says january because of low demand amid the coronavirus. i should watch hyundai is tracking this story for us as it does have the ministers ever faced anything like this i mean that they're fighting off a virus. well it's certainly unprecedented for them to have personally backed virus fears to come up for this meeting in the 1st place but jokes apart it is unlikely that they would have seen something like this specially the opec class members but opec countries the obvious example in terms of opec countries we can actually see sars as the obvious example but that's quite a misplaced ones because assad was not as big as what corona wireless is threatening to be and also it was fairly limited to south eastern asia so clearly

clearly that's one comparison that comes to my mind but even china back then wasn't as. big a player as it is today i mean it's it was not even half as big as an oil importer that it has become today and back then also the oil prices had crashed and the opec had actually rallied to control the oil prices but then back then there was. another factor that was playing rule and that was the invasion of iraq by us so back then it was more about pumping more oil to make up for the shortfall and this time it is certainly about cutting. produce and this time as you point out we're living in a very different world these cuts that they're talking about i mean will they be able to stabilize markets. well they will certainly soothe nerves and the markets are now expecting more than expecting that there should be a cut and it looks likely that they may get

a cut after all additional cut so it's going to student know that's why it's all prices a concern be can only expect a slight uptick there because the oil prices of already priced in a 1000000 barrels per day of cut that could be the thing but interestingly it's one of those times when the when the oil market is. looking beyond supply and demand it is actually looking at how the. is going to move ahead how are the countries going to deal with it are they going to contain it successfully or are they going to stay here longer so these are the questions that is actually troubling the oil producers and the on markets one more question for me why is russia being so difficult in all of this. well it's always been difficult to begin with it's been it's been quite reluctant to be part of this alliance in the 1st place so it's no surprise that it is acting difficult because it fears that because the u.s. shield players are not part of this deal of cutting out the gaining market share

and it feels that it should actually work towards gaining market share and if you go by saudi arabia's experience that is not the right approach to go about because we have seen oil prices crash to $30.00 a barrel in 2015 when saudi arabia went for increasing its market share so that's one of the things and and the other aspect that russia sees is that it is more resilient to low all prices because it balances the budget even when the oil prices are around $50.00 a barrel in the case of saudi arabia it is 85 dollars a barrel so clearly russia sees some sort of score there and that's the reason why it is reluctant in the 1st place but oil analysts feel that eventually it's going to play ball even this time around and as it has done in the past thank you very much for the insight british budget carrier flight b. has collapsed and canceled all flights over and struggles with the fallout yellen

faced financial struggles well before the outbreak now it joins a list of recent failed british carriers which includes monarch airlines and thomas cook. it was a hard landing passengers were left stranded without warning at airports across the u.k. and europe early on thursday morning the u.k. civil aviation authority announced that the airline had entered administration an announcement on fly b.'s website said all flights have been grounded and the business has ceased trading with immediate effect flight b. was a victim of weak demand and fierce competition the british government had tried to save the airline that led to allegations from competitors that fly b. had received state aid. really flight be household name people be flying in for 40 years and we really try to do everything that we possibly could back at the turn of the year and unfortunately though with the situation has developed with an already weak company just hasn't been able to

survive the final collapse came hours after british media reported the airline had failed to secure a 100000000 pound state loan to stabilise the business a consortium of virgin atlantic. capital bought fly b. in february last year for just 2200000 pounds but pledged to inject cash into the airline to turn it around fly b.'s failure puts 2400 jobs at risk and could also see some airport struggling to make ends meet. some other developments on the virus front it just keeps dominating business headlines world food prices have dropped for the 1st time in months the united nations calculates changes based on a basket of cereals dairy products made in sugar prices fell by one. following 4 months of increases he when food agency says the virus contributed to the fall by

pushing down chinese imports. the trumpet ministration is considering tapping into a national disaster program to pay medical bills. uninsured coronavirus patients in the u.s. comes amid growing concern that more than 27000000 americans without insurance will avoid seeking health care and spread the virus. and some of floridians are taking things into their own hands king county in the u.s. state of washington has bought an 85 bed hotel in the suburb of kent outside seattle to house patients for recovery from and isolation due to total 19 each room has its own heating ventilation and air conditioning. textiles industry has grown into a $1000000000.00 business but as the garment industry booms so does the amount of plastic waste 8 truckloads of plastic is dumped into the nation's longest river

every day it's why one local manufacturer a is looking to turn that trash into treasure. as plastic piled up in the landfills near her house in yangon myanmar when the name you had no idea well you will know michael what he knew and i wanted to transform trash from the ugly landfill site into beautiful items. with this technique i'm able to help save the environment and earn a living or i mean that's my ambition the people around you it's a little bit. after gathering thrown away materials like tires coffee bags and plastic bottles wendy and her employees head back to her workshop and store it's called choo-choo house which means plastic house after the team cleans the items they cut them into strips and melt sheets down into workable materials that can be made into bags wallets and even belts of the lives of shoppers here say they like the message behind the products i think this is

a great project just to see how you can reuse all the materials that are just thrown away nowadays and you can reuse them and create something great magical just as the elephant for example which i really love and it's a really great souvenir and it's better than just to produce something that is going to be thrown away to reuse material that you can actually recreate something as beautiful as this is wendy says her city alone throws away 2500 tons of waste every day and her mission at cheechoo house is to show people ways to reduce reuse and of course recycle it's nice to business with it.

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a look at the back of. the bag. the bag. plague the bag. this is the w.'s line from berlin searching for a middle ground in moscow the leaders of russia and turkey trying to diffuse a flare up of fighting in northwestern syria of lattimer putin and russia type area one are backing opposite sides in serious war and they come tensions after the killing of dozens of turkish troops there raises the stakes as violence in the north and in northwestern syria forces nearly a 1000000 people to flee a standoff between greece and turkey over migrants and refugees at the fort or in.