if the crisis is far from over. here watching this wall if you want to catch up on the latest on our website dot com and you can follow us on twitter and on instagram. the news told me a logical extension of. happiness is for everyone schuman penises are very different from primates furious we have many totally ridiculous romanticized view of nature and their favorite and this is climate change sprigs of sex how fetus in 3 books you get smarter for free t w books are new to. how does

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sure. just at a pharmacy near you. this is your business report i'm stephen beardsley it's good to have you with us wall street wavered monday as more economies began reopening at risk of new infections the dow index spending much of the session down before recovering some of its losses spain france and belgium have all relaxed some pandemic restrictions beginning this week as have more states in the u.s. meanwhile south korea once a model for its response is reporting new cases as is the chinese city of han where the virus originated. and let's go now to our financial correspondent in new york yes and scored a positive run for wall street last week why was it so unsure as a kicked off this week yeah there is a sentiment on wall street that when it comes to stock prices we might have seen the lows in march but there's also this sense that was the comeback that we've

recently seen that also the best of the recovery might be behind us and then we still have a lot of companies coming out with preview dismissal quarterly results and mary it was sort of one of those examples here on monday or under armor their competitor to do you does and i'm standing here in front of a local movie theater that because there was one stock that straight up by almost 30 percent and that is amc entertainment the biggest movie theater chain in the world so there were some media reports that amazon actually might be interesting choir ng acquiring amc and that drove that stock price up her as a lot of speculation about what the business landscape looks ahead looks like ahead now we've heard a lot of talk about a.v. shaped recession recovery that is the idea that economies will rebound quickly once they restart is that just fantasy now based on what we're seeing. well

i think it's rather unlikely that we might see a v. shaped recovery i saw some reports some here on monday that actually we might not see a v. shape but a normal recovery and it seems to be pretty likely we will cause we will get certain setbacks when it comes to the economy and it's not like a light switch yes we did switch the economy off but you can't just switch it back on so i think of the shaped recovery it doesn't seem that likely even if wall street is trading right now on hopes that the economy restarts we have the next olds that the car industry slowly is starting production again boeing wants to produce the next 737 planes soon and we hear from starbucks that by the end of the month they're going to reopen almost all of their stores some in the united states so there is this piece of good news and hope but it will take time to really come back to where we were before the crisis hit. with the latest for us from new york

thank you over to europe where as part of those loosening restrictions we mentioned russia wants a northern germany have begun reopening for diners that means a few changes such as waiters wearing masks tables that are further apart and new ways of ordering from the menu. it's been a while since restaurant owner craft in law has been able to have a chop with his regular is. the new rules mean he and his staff have to wear muffins. i mean schools are good i'm going to keep up and running but it's really hard because you have to maintain one and a half meter distance it's up to us to approach the gas they can't just wander in like they used to and say i'd like a table we have to take more of a. menu no longer comes in it's traditional form. instead you can order the meal of choice on your smartphone.

the ordering system did seem a bit strange at the start but it's really great imo i was a bit scared of trying new things but i'm glad the cast has reopened the place and that we can be here again. there aren't many bookings on the 1st day of reopening to limit the spread of infection the tables are further apart than they were before the coronavirus that amounts to a 40 percent reduction in capacity. on. the flip side a bit less turnover means we have less money to employ people and we have to decide who comes in who goes on short time work schemes and who gets let go. the restaurant is located in the northern states just mechlin book for. the region have had relatively few cases of the coronavirus so far but it relies heavily on tourism hospitality representatives say they need more supports pointing out that

livelihoods are at stake. but. without more help many companies won't be able to survive the next few months last alone the winter. just one in 3 restaurants in the region have chosen to reopen many are still busy making the necessary arrangements. in lawless' hoping his eatery will be able to get through the year. this would have been hoping that their thoughts on meals would be reduced from the current 19 percent down to 7 that idea has been scrapped but it would have meant 12 percent more per meal that would really help us. put the hospitality sector this pandemic means learning to adjust and holding out for a brighter time in. a saudi arabia has slashed oil output again the energy ministry announcing monday it will deepen its production cuts by

a further $1000000.00 barrels per day of the saudi economy is reeling from slumping demand caused by the coronavirus pandemic and that's pushing its leaders to curtail expenses and broaden their investments coronavirus crisis is giving saudi arabia a taste of what happens when the oil stops oil and gas accounts for nearly 50 percent of the kingdom's g.d.p. and 70 percent of exporting income it's a world away from december when national oil company saudi aramco went public and became the world's most valuable listed company. the price of crude oil has plunged dramatically since coronavirus lockdowns led to a massive reduction in demand in the 6 months since around koa launched its shares all has lost much of its value on global markets even dipping into unprecedented negative territory in an effort to shore up its slumping economy saudi arabia has unveiled plans to triple its value added tax to 15 percent and has halted monthly

allowances to citizens the kingdom is also looking frantically for ways to diversify out of fossil fuels it's aiming to promote investments in tourism and leisure sectors of the proposed purchase of english football club newcastle united mean while the oil price light is a reminder to a ram co of why it is desperately trying to move into renewable energies aramco stock price has also been in steady decline this year yet so far it has not fallen anywhere near as sharply as the overall price of oil saudi aramco reports 1st quarter results on tuesday analysts are not expecting a pretty picture. of the pandemic continues to wreak havoc on international supply chains getting those for medicines many of the components of common medications come from countries like china and then move on the secondary countries so what happens when production of the raw material stops to look. it's loud in here stuffy

and smelly manufacturing antibiotics is a dirty process and back in march production that pan am laboratories near delhi was going full blast churning out $150.00 tons a month the final product goes to 60 countries including some in europe where it's pressed into pill form but the precursor substances come from china and the coronavirus shut down their threatened production here it just shows how utterly dependent the world is 80 percent of medicinal raw materials come from china india used to produce them too but chinese products are cheaper than i had been in last or nearby 30th seed in there. is to take they and many of i was going to read they had part of our dead and went begging and be ready. they're tired that they're really paying to make dirty their heads so they think.

in germany pharmacists like here near stuttgart were having to apologize to customers about supply problems shortages of keep painkillers and blood pressure drugs as well as antibiotics were already an issue even before germany went into lockdown once china stopped exporting things look to go from bad to worse but global supply chains for medicines are complex and nontransparent if you're a manufacturer of course you're not going to say where you get your substances at what price and in what folly i'm it's like in other industries how you get your raw materials can give you a competitive edge hold the coronavirus chris this is only highlighted what experts have long mourned about pricing pressure especially for generic medications has led to massive dependence on china many pharmacists in germany would like to see at least part of the production process brought back home. where can this and we need

the manufacturers do ensure stable supplies it cannot go on like this we really have to bring production back to germany to europe. and with similar calls being made in india it could mean governments will take new steps to break the chinese dominance of the pharmaceuticals market. $1000000.00 that's the starting bid for the guitar played by nirvana front man kurt cobain during the band's celebrated unplugged concert in 1903 it's one of several cobain items being auctioned off next month in beverly hills california the famously erratic cobain killed himself the age of 27 after bought a rocketed to fame on the back of bronze albums nevermind and in utero. piece of rock history there thanks for watching.

the lifeline of communication from. the river of spoon to protect him. along the caribbean and then. the river still runs its neutral coombes. the communist government has big plans to develop the region. to the floor of the

financial institutions people's homes. just want to. know india looks for signs of nature the mega city of delhi was here there's plenty of pollution and little environmental consciousness. but the n.-g. o. delhi greens wants to change that. it aims to raise awareness with small eco friendly projects. will its efforts bear fruit. in 60 minutes on t.w. . like. mughal would just love our food for the russians so. there steve. so

many different walks of life. some are pumping and honestly trying but all of this comes straight from the heart to its former c.e.o. but when there's no money dilution the marsh will enjoy coming. from the 1st glimpse of the world to their final resting place the russians are g.w. documentary. the city of a key toss on the amazon river he's home to some half a 1000000 people. surrounded by water and rain forest it's the biggest city in the world that can be accessed by rote. people who can't afford and travel all have too much luggage can only reach the city by boat if i told. that

india once we were stuck for 3 days away we had to wait on the ship until the water rose high.