you're watching it over here is up next to business news with kate ferguson looking at looking at how the markets reacted to the fallout of that coronavirus on little rock n roll and on behalf of the entire stephen hope you have a fantastic weekend see you soon. happiness is for everyone schuman penises are very different from primates we have many totally ridiculous sized view of nature. this is climate change regular sex how to dance in books you get smarter for free you know we've books. i'm not going to think out of the gym well i just sometimes i am but i'm standing up in winter that the germans thinks deep into the german culture of looking at the

stereotype quirks that in the years in the future of the country that i don't blame . you to rethink his grandmother there you go it's all about ok no i'm rachel join me to meet the gentleman from v.w. . post. markets continue to plunge as the number of people infected by the coronavirus exceeds 105 as the disease spreads so to fears of a global economic slump we'll go to wall street to find out what measures if any could quell investors nerves. also coming up crisis management as companies face supply chain disruption consultants are stepping in to help executives weather the storm. and it's the sniff test of the future

scientists come up with an ingenious way of testing whether or not suit is good to eat. this is d. w. business i'm kate ferguson welcome. global stocks have continued their freefall as the number of coronavirus cases surpasses 100 ties and the spread is threatening economies around the world and forcing governments and central banks to step in with economic stimulus here's a recap of what's been a turbulent 2 weeks. it's been the worst 2 weeks for global stocks since the 2008 financial crisis from wall street to tokyo investors are facing a global epidemic that could have to risk consequences for the global economy and the u.s. the dow jones industrial average fell more than 10 percent over the past 2 weeks stocks have been hit even harder and frank for the dax index has lost 15 percent since february 21st that's when cases began to surge in south korea italy and iran

the coronavirus is continuing to spread outside of china with around 20000 cases recorded. more airlines have been forced to ground planes american tech giants have sent workers home and japanese officials have suggested they could delay the tokyo olympics this summer. even emergency cuts to lending rates from central banks in the u.s. canada and australia have done little to set the markets. the u.s. government is also trying to calm investors i think financial markets will bounce back and so this is really go figure probably 10 or 11 percent growth you know where they were but they were up 70 percent so you know it's only if it's a road. that peace will get bigger if the virus continues to spread. for let's cross right over to deal b. is financial correspondent jose luis to harrow on wall street hi jose comparisons

are already being made between the global financial crisis and the coronavirus is this a serious that's what we saw in 2009. do you think comparisons are audios right but it is unavoidable to go per the current situation with what happened in 2009 a of for starters the virus has triggered the 1st emergency cut from the federal reserve since a different crisis it is also revisiting and it calls for bolder monetary and fiscal coordinated steamers from countries around the world but when it comes to the us and fundamentals in the economy are pretty solid and systemic. system seem to be contained that said it is all about confidence at the minute a department can punch all markets a star heat into consumer home aside from any related preventive measures and start to question her or he's a spending then the heat on the economy becomes more severe this can result in the

small business getting here layoffs liquidity concerns and maybe a recession in a very interconnected globalized world but as for now kate is a stupid very early to think we will repeat the great recession of 2009 ok jose and let's look at that issue of confidence here what measures if any do you think governments central banks can take to reassure investors and ordinary people for that matter. in the 1st place a some sense that the situation is under control on protocols in order even even pensions continues to search that way businesses can plan and mesure the virus for investors here in wall street do you also want to see more rate cuts. the reset some kind of sense that the fed will revisit that cyril bond activated as a response to the point until crisis in 2008 and finally some form of the scale stimulus that there is already rumors of the possibility of deferring corporate

taxes for a specific industries such as tourism or airlines also help for those who don't get paid if they don't go to work as a louise thanks for your insights and have a great weekend. talks between opec members and russia have broken down without agreement on production cuts the price of grant plunged by 10 percent on the news the oil cartel is trying to strike a deal with nonmembers to save allies prices the cost of crude has dropped a quarter since the coronavirus appears prompting officials to slash demand for cars for this year. is causing ha its flights in an attempt to limit the financial damage sparked by a sudden drop in to mom and the german airline how to read he announced flight cancellations to china and iran subsidiary austrian airlines says it will shorten the working hours of some $7000.00 stop experts believe the aviation industry as

a whole could lose up to $100000000000.00 due to the i break. as the virus continues to spread to companies with complex supply chains are feeling the pressure our next report describes the challenges one german car parts supplier with operations in beijing is facing because of the virus. management consultant fine fine is currently pursuing crisis management she and her team advise 60 german firms that do business in china they're in damone dry now because 19 is causing havoc fun fine news on her way to a client in a small town in northern germany the shelter group. the automotive parts supplier to hold production at its facility near beijing for 2 weeks. things are starting up again but with precautions in place. for our.

farm we're back up to 50 or 70 percent capacity so far we don't yet know when we'll reach 100 percent because we can't get the stuff back into the factory yet. the drop in revenue and therefore the economic hit amounts to several 1000000 euros . or. international supply chains are collapsing or at risk you can't make a car if the gearbox isn't available. 8 plants in europe have to offset the production halt in china but not for much longer says the optimist fanfan. c.e.o. your daughter is not convinced however. this is not.

from some president it was i can't recall anything like it on our planet in my view we've got through this and i hope we didn't deal with it sensibly i think we'll have to think about what needs to change in the future. for the overall us. for example will there be calls to curtail international business travel fanfan usually travels back and forth between germany and china spending 2 weeks at a time in each country she has a team of 30 in china but for now she can't go and see her colleagues or her family so she communicates with them online from hamburg. fanfan believes the tough measures imposed by the government in china have been decisive. in order you know a whole hearted. in germany and europe there's so much freedom and people don't wear face masks in them or shoes mask it's a different mentality and

a different way of life. and that is why the numbers here are rising day by day. male on male the virus is threatening not just the health of individuals but also the health of the global economy. now every year tens of millions of tons of food go to waste often perfectly good products are thrown away because they're past their used by days that a group of researchers has come up with an ingenious solution to the problem. many of us rely on them to tell whether the food in our fridge is safe to eat oh not but could we soon see the end of the humble used by date a group of innovative researches from 4 different cities in france and belgium hope we will they're developing a high tech alternative many senses implanted in packaging the chips will be able to literally sniff of food and accurately detect the extent to which it's

decomposed or rather whether it's still edible or not. there's microbiological methods to examine the microbial crowfoot within the ford products chemical methods to a dozen women the concentrations of possible outcome bones and censor of a nation to get information from panelists by smelling the phone of which is far more precise than used by dates they commonly rely on rough estimates about when a food will decompose food waste is a huge problem particularly in industrialized countries according to the u.n. a 3rd of all food produced for human consumption is lost or wasted each year in the e.u. alone just under $90000000000.00 kilos of food is discarded annually often because consumers fear it's no longer safe to eat. researches hope their creative solution

may help turn this around in 5 years they say the sensors will be on the market for industrial use and then it may not be long before it's time to say bye bye to misty used by. some times this does best to trust your nose and that's all we have time for today you can get more on our website that's d.w. dot com slash business we're on facebook and twitter do drop us a line there for me and the team it's goodbye and take care.

our clothes our lifestyle choices and fashion statements. clutter and the environment. designers who aren't blazing new. garments made from plastic paper late. last night tomorrow. and eco friendly now for. 60 minutes w. can. see this special us dogs in

germany. travel. extremely for a number. of you'll with words from. where i come from we don't run away from a call from station. when i was 5 years old my father took me to his friends about a spoke on the spot. a sport that you love so. until so. fencing is a language and a good source for it is a conversation. must meet your opponent understand the thinking. of the men to get close otherwise you can score a. song like a tough interview when interviewing politicians oprah c.e.o.'s you have to wait for

the right moment to get to get around that defensives then make you feel. less of taking risks to get results. i'm going out of office and i work at the deli . as the news africa coming up on the program females in focus we look at the lives of different african women to mark international women's day this sunday we will take you 1st to go and tell you about one woman's difficult fight for justice also coming out. of kenya and mount caroline song and find out how she managed to turn her life around to taking a job. in nairobi lessons so that's i think the most important let's say.