yes i'm going to famished and thanks for watching. in the. climate change. was coming soon. much too soon. what ideas do they have for their future. g.w. dot com traffic megacities filmmaking just seems clear cut or. what

secrets lie behind the swaps. discover new adventures in 360 degree. and explore fascinating world heritage sites. w world heritage 360 get the maps now. the businesses around the world are struggling but it's a banner time for netflix the streaming service looking record numbers as pandemic measures force more people to stay home. also on the show the clock is ticking for argentina to pay its foreign debt or face what would be the 9th default in the country's history. and good news for germany hopes a finnish company has created a new door handle with no hands required. this is. business report stephen beard

zimbra when it's good to have you with us well you didn't need a crystal ball predict that netflix would do well for the 1st quarter of the year a growing number of lockdowns across the world and the lack of most sporting events has head of the world's top streamer a captive audience but just how well they've done that might surprise you. not every day that zookeeper prison for murder for our. netflix a smash hit series target king has been watched in over 60000000 households since it was released in march. or since the start of the year more people have signed into netflix for the 1st time than it any other period in its streaming history. coronavirus lockdowns have seen paid subscribers to its content climb to more than 190000000. are certainly. growing. the. forms are also sharing in the spoils brought by

a housebound entertainment market disney plus has only been going for 6 months and it's already passed the $50000000.00 subscriber mark years head of szechuan but netflix has warned its shareholders not to get too carried away. recent. march. you know essentially all the rest of the. q 3 q 4 relative to prior years because. the user numbers for stream is will continue to soar as long as lock down stay in place and movie theaters remain empty . or let's go now to the quarter in new york yes netflix stealing the headlines on a day of earnings reports what other companies stick out for you. well actually the biggest a winner in the s. and p. 500 index was the restaurant chain cheap popular mexican drilled so they have

somewhat adjusted to the situation so that people pick up their food other than that we have to sniff so the mother company of sneck also the social media company is also the way how people could people communicate changes quite a bit so they had a huge increase in daily active users that stock up by more than 20 percent and then on the down side to delta airlines they're burning around $100000000.00 each day so that stock got under quite some pressure. markets moving up today despite what in normal times would be considered dismal numbers and these earnings reports what should we take away from this. well i mean it's really hard to give any predictions right now that the big problem off a lot of those companies i'm standing here by the way on 5th avenue or not the glamorous mile in manhattan but in brooklyn usually there are more than $500.00.

shops restaurants bars liquor stores and so on and so forth and from those 500 locations only about 50 are open so that clearly shows you what trouble we have we still have specially in new york but also in many other places in the united states so yes we have the earnings reports filed the big call for a chance they are not really pretty tomorrow by the way we will get to the numbers from intel amazon just to name a few but well what the market is adjusting to is that those stocks got hammered quite a bit early on when the crisis really hit and now we see a little glimmer of hope that's when we see the rewards on wall street. so companies are rewarded when it's not as bad as it seems there for us in new york thank you. now some other market news international oil prices recovering wednesday following a volatile day of trading in which they briefly touched their lowest value since

1999 brant crude dropped in early trading to about 16 dollars before recovering and then gaining to close at over $20.00 a barrel oil trading remains unpredictable as supply continues to outpace demand during the pandemic. over south america wednesday is a meaningful day for argentina that's the due date for a $500000000.00 debt payment that the country suggests it might not be able to make and that could start the clock ticking on a possible 9th state default the country is now racing to restructure its debt but its creditors aren't budging so far. it's the start of the working day at the allegro restaurant and when a side has the onus. a really rough times they opened a year ago and went up debts to do it no corona virus outbreak is threatening the existence of these small companies and by whom i know you know when they can we

close for a whole month to begin with but we realized we were going to go broke that way. so we took a chance and reopened for customers who wanted to pick up their own food after our high initial investment we had to find a way to survive somehow. for having. the argentine state is also burdened with high debts the coronavirus crisis and quarantined measures have worsened an already delicate situation the center left government is trying to get international creditors to cut its debt both state creditors and private so far without success. for a sustainable debts are those that don't harm argentinians we will only pay them if we can do so without violation of people's needs. argentina specifically calling for international debt to be restructured and interest rates to be frozen. oh noes we want to model to restructure debt repayments and we want to 3 year grace

period. if this does not succeed state bankruptcy looms argentina's finances were in crisis even before the pandemic state bankruptcy could mean the end for the allegro restaurant they are still making ends meet largely because many neighbors order from them out of solidarity. will keep working and our politicians should pay back the debt if that doesn't work that's just the way it is argentina has always been in post shape why should that change now. now right in the middle of the coronavirus crisis argentina must rely on solidarity and foreign help. and over to europe where the german auto industry is warming up for a return to production folks wagon and b.m.w. have both announced plans to restart production lines in the coming weeks meanwhile has already started workers on the factory floor and guards are keeping

a safe distance the business still doesn't quite look like normal. the face mask it's now a part of their work uniform in the time a factory in stuttgart those who come to work have to follow the new regulations and that means social distancing for weeks long this is simply line was shuttered but on tuesday workers returned to build engines again it would be about the spirit is there the team is motivated and maybe it's a sign to society that things are moving ahead with litle but not quite like before the plant is now down to only 2 shifts per day and not even half of the $19000.00 employees who work here have returned it could we could get production going full swing in just a few weeks but the demand has to be there too often we were forced to make this decision without that demand we're not going to ramp up production was normal when enough of the. industry experts point out that even before the virus car producers around the world faced a more challenging environment with folding sails. at the moment we just don't have

corona to deal with before that there was a big loss of demand and the transformation of the car industry towards electro mobility cuss a lot of money now with the coronavirus the industry is experiencing heavy turbulence and folks fucking is now calling on the german government to fund a purchase premium for new vehicles dima and b.m.w. say they're also behind the plan their argument is that a premium could boost demand enough to bring back full production but analyst opinions vary as to how effective such a scheme would be. well one silver lining to the ongoing pandemic innovation more firms and entrepreneurs are finding clever ways to answer big new questions in finland for example a recycling company has designed a new device to stop germs from spreading on door handles take a look nowadays you don't have to be a jamma for to get cold sweats when you see one of these but

a supermarket in finland has a simple solution handles that don't require hands. and is repeated in my ear but you're right. this is a good invention very good health food i think everybody likes you know. the not everybody has got the hang of the new hands hand. with contact sophos is believed to be a transmitting point for the corona virus the idea was one company's way of helping out in the crisis they started to brainstorm how could we contribute to solving told in this crisis so then it then we came up with the idea to come up with the sat this is product a handle and then selected 3 d. printing for a for a method of making. the handles are being trialled in just one supermarket but depending on customer feedback they could spread to others.

and that's it for me and the business team here in berlin you can of course find out about more about these and other stories online at the dot com such business to check us out on facebook and twitter i'm stephen there's a blend as always thanks for watching. the for.

reducing the risk of flooding and erosion by creating hillside terraces. a land where farmers fear losing their harvests and the initiative uses gnome take me to create the solution. successful. global 3000. next. to the conflict zone tim sebastian coe this week conflict zone back on the ground like millions of people around the world this social distancing is live from houston the

food from. confronting national folks for the lives of parents i could resolution for done family believes is to stop the spread of the disease. called. the 16. the global corona crisis you can find more information online edgy w dot com and on t.w. social media channels. first group to get over on the show that of us arianna.

insupportable. was able. to deliver. welcome to global 3000. today we head to the peruvian andes to meet a few trailblazing women who are willing to bet a heavy burden to make gains in gender equality. in rwanda heavy rainfall can devastate entire villages and farmland farmers are taking measures to protect themselves from flooding. and we hear about thousands of people injured.