provides the space the uniforms and the crutches all of which help to in many cases bashfully increase levels of self esteem. you're watching news live from berlin rob wants is up next with the w. business stick around he'll be right back. how does a virus spread. why do we panic and when we'll. just through the technical and weekly radio show is called spectrum if you would like any information on the crown of virus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us and. science.

are not all crowded and they will not succeed in dividing us about oh not succeed in taking the people off the streets because we're tired of the stick trying to show that. taking the stand global matters. made for mines. the money keeps streaming in netflix has revealed it gained 10000000 paid subscribers during the 2nd quarter ask around a virus kept people until this. week where the e.c.v. and e.u. both sets out their latest news week at the views of some of the world's leading economists on how europe is handling the carotid arteries crisis. and from book shop to basically everything quarter of a century of promised. places to interview business on rob what's in bed then it's

great to have you with us netflix has revealed it had a molten 10. 1000000 paid subscribers to its books between april and june the global video streaming service now has $193000000.00 subscribers worldwide netflix has also posts of revenues of over $6000000000.00 for q 2 however the company has warned investors not to expect the same level of growth from the 3rd quarter. but let's get more on this from our financial correspondent in new york jose luis to haro as they welcome along so how is netflix been able to capitalize so well on this pandemic. i would say 2 main factors the content catalog and its already stronger position wardle why did company added $26000000.00 music scribe years in defers to have all of the year to

a total of over 192000000 because a slowdown of product generally but netflix had also a very strong at number of regional releases over to 2nd no quarter such as a film a structure in which the company says music small to popular movie ever netflix the stock is up around 64 percentage deals a year and reach a record highs in the reason it weeks but some are wondering how long netflix lockdown lived will will last and also even the company will be able to current subscriber growth rates in the years ahead. yeah they're not predicting that they will all day there is a lot of talk about it streaming wars with many of the players entering the market particularly just in the months before the pandemic does need plus after t.v. plus so how is netflix measuring up to its competitors. it's becoming

a pretty crowded market as specially after d.s. a car in which we are welcoming also come cast an n.b.c. universal news streaming service netflix is still ahead of companies such as the ones you mention ahmanson prime hulu disney plus apple processor h.b.o. remarks about it's a key challenge moving forward right now it's a might be up financial war on netflix has a long and long resisted offering a free ad that supported tier of service while highly leveraged itself in very intensive content development bottle to capture a streaming industry and that can pose a very big problem in the medium long term if it doesn't montane that current growth rates will jose luis to haro our financial correspondent in new york thanks for keeping us up to tonight. now european central bank chief christine legarde is called on your resume leaders to come to an agreement quickly on

a coronavirus recovery plan after its latest meeting the e.c.b. held back from topping up its vast pandemic stimulus for the euro zone the guard said that europe's economy was rebounding from the pandemic and probably passed the low point he said they had massively relaxed its monetary policy to respond to the crisis over the past few months but she said e.u. leaders now needed to do their bit and quickly agree on a huge recovery plan. while e.u. leaders will meet later this week to try to reach agreement on that 750000000000 euro coronavirus recovery plan so are the e.c.b. and the e.u. on the right track to get the continent through this tricky period well that's a question that i put to some of the world's leading economists during an online panel discussion hosted by the world economic forum program and we have a commitment to a column fiscal response with the european recovery fund now they're going to walk

you about it on friday and saturday no doubt we'll get a decision up 5 minutes by our street deprived politicians as we always do but i think we will get. eventually a commitment to a common for school program and that's why i call for europe stability over the medium term the problem of course is that the scale is still relatively limited. that there is a great deal of dependence on the national government still leading in terms of fiscal policy but i think we're going in the right direction we are very much impressed with the european union's commits nantz all climate change you know. this and then their authors are a great opportunity to educate the public and to educate firms in. emerging markets underneath to do something of an exchange front and i think that's where the

european me here is taking the lead including you know nice action on that front we understand it must be really that this is their historical moment even though small you know the fact that we want to avoid at any costs a repeat of the greek crisis is something that is major for europe the problem or at least be issued not just some to now you bob to mystic is you're going to have to sustain efforts for years to come this is the easy part to take the insurance policy and say we're going to do whatever it takes you know come the phoebe we're going to do whatever it takes from the government that's the easy part now save some low cost exports from china the world is overrun with steel that's bad news for countries where steel production makes up an important part of the economy that's why germany has a drive to invest in the industry and make german steel stand out the overall aim

to make a carbon neutral germany steel production is turning green powered by hydrogen instead of coal the transition is expected to cost $30000000000.00 euros the state will provide funding the ministry of economic affairs still produces and labor unions have agreed. made in green steel made in germany then or in other words a transition to low carbon and potentially 0 carbon steel production right you can set an example for many of the regions in the world if you're under your in there with the german government plans to complete the structural change in the steel industry by 2050 an enormous undertaking. overall green technologies are not ready for the market yet even renewable energy isn't available in the necessary quantities but in order to avoid driving industry out of germany due to strict climate targets still producers will be allowed to pollute the air in the interim according to the plan cheap steel from china will still be subject to penalties

which might even be increased just how expensive germany's green steel project will be will be further discuss this autumn now some of the other global business stories making the news. it's not scammers who managed to gain access to a range of leading twitter accounts may have made any excess of $100000.00 the hackers managed to tweet figures including barack obama joe biden bill gates asking followers to send the bit coin. is the world's 2nd biggest economy is back in the black according to beijing anyway government figures say china's economy expanded by 3.2 percent here on here higher than experts forecast it suggests there could be hope for a rapid recovery elsewhere in the world however key sectors like retail are still struggling. now 1st it was called kadabra then relentless and

finally amazon 25 years ago today jeff bezos launched his ambitious online store his 1st book with only been sold a few months earlier now it sells basically everything is reshaped how we think about retail and technology. this is how it looked in 1905 and this is where it's led millions of products that go well beyond books a logistics operation of unprecedented scale cutting edge consumer technology for help on the planet and the world's richest man. how to quantify amazon it's the largest online retailer in the u.s. by a long shot easily eclipsing competitors like walmart and e-bay it's estimated that 6 out of 10 u.s. households have a prime account it also overshadows china's biggest players amazon raked in $280000000000.00 in revenue and 2019 almost 4 times what ali baba and j.d.

dot com did. but it's not just sales that separates amazon it's early embrace of technology put it well ahead of its competitors. they are the most advanced sophisticated corporation we have ever seen in terms of taking big data. artificial intelligence and machine learning and integrating. tools into our own lives and they're just starting that's what a lot of people do not realize amazon's relentlessness has a darker side to it's tough corporate culture it's low tax payments and its dominance over smaller retailers have all sparked criticism. the future is bright however the coronavirus pandemic has boosted the company's outlook. we expect taishan is that amazon will benefit from this in the long term because even after the pandemic is over people will gain new habits of buying groceries and other

items online will the next 25 years also belong to amazon. and finally danish ice cream maker hansen is changing the name of its eskimo ice cream because of concerns over discrimination the word is deemed offensive in new it people in the arctic many greenland is eskimo has a derogatory meaning it's often translated as eater of wrong me the brand new name is going to be opec after the chocolate being that provides its glades. and that's so for me in the business seeing here in berlin if you want more from us to visit our website.

go africa. in digitalization in the pandemic. and online payment system has got rwanda's motorcycle taxi back on the road after a month long drive. now the customers pay for the ride without cash. for go.

in through the conflict zone research early my guest this week is involved oil minister of foreign affairs and international trade c. does he still want as a former army chief he was also the face of the military coup that for health and number of bytes of power will soon become play ever be able to see change the political economical. conflicts. of the sixty's. even i'm david and this is climate change president sex. happiness increased books. this is the book for you to. get smarter for free to do you go on you tube. the w.'s crime fighters are back with the africa's most

successful radio drama series continues in the poetess odes are available online and of course you can share and discuss on t.w. africa's facebook page and other social media platforms crime fighters to mean you know. what do i name all kinds of mission groups then it's all payment systems i mean gunmen are just having common well believe it or not they all kind help to protect then vomits more on that coming up on the show i'm now it's i mean lagos could mean one thing maybe done they'd see much of my life right now but we still need to care for the environment right sondra.