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beethoven is for the for. beethoven is for every month. beethoven 2020. 5th anniversary here on. malaysia's former prime minister is found guilty of corruption for his role in a multibillion dollar scandal linked to a government investment fund not to conviction is seen as a test of the country's determination to crack down on dirty deals we'll take a closer look at the case that shook the financial world. would say that the serious state of these groups. as you described just. speaks to one of the

confidence hoping to take over the leadership of the ailing world trade organization. and at sea journey a pandemic our reporter meets sailors adjusting to an increasingly restrictive life on board a cargo ship. this is the business i'm kate ferguson welcome to the show the former prime minister of malaysia. has been found guilty of corruption in the 1st of several trials linked to the loosing of billions of dollars from a state investment fund the verdict comes just days after u.s. investment bank goldman sachs paid the malaysian government $3900000000.00 over losses linked to the front. a media scrum to see a former leader found guilty. not g bradstock will be allowed to remain free on bail while he appeals the verdict a 12 year jail sentence handed down by the court in kuala lumpur he was on trial

over corruption charges related to a multi-billion dollar scandal at state development formed. outside malaysia's highest court after the verdict the 67 year old told reporters he wasn't satisfied with the result and that he would work with his lawyers to launch an appeal. this is. definitely not the end of the. course that's a process so you. hope that we would be successful that. the fund one malaysia development bernhard's to give it its full name was founded to finance infrastructure projects putting 2015 evidence of money laundering and sector merge on a 2018 the government was ousted the court found reject guilty on all 7 charges many malaysians have hailed the guilty verdict.

this is just the 1st of several trials against red sox. he is jew in court again on august the 3rd. now to some of the other global business stories making news this. fox has paid $9500000000.00 to u.s. customers over the diesel gate scandal in a new report the u.s. consumer watchdog revealed the extent of the german carmakers efforts to compensate motorists the news total bill for the emissions scandal is expected to be $35000000000.00. the european central bank has urged lenders not to pay dividends or bonuses until january 2021 it extends a previous call to withhold such payouts until october of this year the e.c.b. said it was necessary to ensure banks kind of zorba losses on the support lending

to the real economy. american motorcycle maker harley davidson saw a dramatic 47 percent fall in revenues during the 2nd quarter of 2020 sales of motorcycles in the u.s. and around the world collapsed demick lockdowns close showrooms the company has announced 700 job cuts in an attempt to reduce costs. and harley davidson is just one of several u.s. companies that have been reporting results today our business correspondent joins us now from new york yes this set of course really figure is the 1st proper indication of how big an impact the coronavirus has had on corporate america tell us more. the overall it's not a pretty quarter but nobody really expected that take mcdonald's for example the fast food chain also out with earnings and revenue drop of about 30 percent by the

way harley-davidson that was not all to blame on the pandemic they already had some issue with specially attracting younger writers before the virus struck the world and the united states the stock still down by a good 8 percent but you also have a couple of companies that profit from technology companies we've got after hours pretty good numbers from chip maker at france trying to revise the pfizer the pharmaceutical company and the biggest winner in the dow jones industrial average on tuesday also after they beat wall street expectations here is meanwhile for those of us who remember the photography company kodak their stock price has trestles today what on earth is going on there. well i clearly remember them very well even if i haven't heard anything from use them in code in the past couple of years but they even used to be a part of the dow jones industrial average but that a long time ago well the company got a loan from the u.s.

government in the amount of about $760000000.00 so they do have to repay that loan within 25 years but there they are starting production of pharmaceutical ingredients here in the united states so they try to push hard for that and the united states wants to be less dependent on countries like china or india and clearly that is a boost for you think kodak and the stock tripled here on tuesday so that hasn't really happened in quite some time a big potential comeback for a company many of us remember as making the 1st digital camera in skopje new york thanks for your insight. one month from now roberto azevedo will step down as director general of the world trade organization his successor will face the task of steering an already troubled institution through a close call recession 8 candidates are vying for the top among them are ameena

mohammed from kenya and nigeria's former finance minister dr ngozi of congo it was a lot mexico's paces say that they also have his house in the rain as do egypt's honeyed mom do so with korea's union he moldova's tutor only and also. britain's liam fox on saudi arabia arabia as mohammad out to us jury earlier we spoke to one of those candidates mexico's pacey this saturday who didn't mince his words when it came to the state of the organization would say that the need in a serious state of this route that is used crisis the main source of this crisis is that is a frog that the will of the heart of the international the multilateral trading system was always negotiations you always had negotiations they get in they could

hope to deal with the issues as they come seems a creation of the youth you was the crown jewel of long process is the 2nd world war since the group of the loop you had been essentially more negotiations in the agreements that we create through that was part of it there's no mention of it 23 china was most part of the there has been a fundamental change of what you create how you created all these issues that we face now are not. set by those agreements. now whether it's working from home or wearing a mask all around the world people have been adjusting to life during a pandemic but what if your job requires you to be at sea our reporter met sailors docked in the german port city of homburg in normal times they'd be getting ready to leave the vessel but those days are gone. a few hours ago the

golden empress mord in the german port city of hamburg. from the german siemens mission is coming on board today he's bringing a few things to the sailors who can't leave the ship the port of hamburg itself has been allowing sure leave again but the captain on this ship has decided against it and the crew is backing him up but it's ok. because. both he and i think. that's why. this ship will be docked there for 2 days unloading iron ore it's a time when those on board have a better phone connection for calling home and better internet than on the high seas that's why the siemens mission is bringing the sailors german sim cards for their cell phones. just sold a dozen of them and he has a sympathetic ear for the problems the sailors are facing. if the virus made its

way on board then in the worst case scenario it would mean that the ship would have to stay in the harbor it wouldn't be allowed to leave. before the coronavirus pandemic many sailors frequented the hamburg seaman's club. here they could make free phone calls or transfer money to their families but since the pandemic it's mostly empty mark shields voluntary is the exception. his captain gave him permission to leave the ship for an hour so that he could wire his family some urgently needed money he wouldn't have left the ship for any other reason. for me is smith as the ship stay away from the people. after the money has been transferred to his family module volunteer quickly buys a few things at the siemens mission shop. yet they stock the items that sailors are always asking for souvenirs toothpaste and sweets and pork chunks which

are pork flavored chips popular among the sailors. if it weren't for the coronavirus crisis the seaman's mission in hamburg would be filled to capacity but these days sailors like moksha volante and his colleague just take the shuttle bus directly back to their ship. after this visit to hamburg they don't know where or when they'll be on land again . and that's all we have time for from me and the team and taken.

tension remains high in the middle east. israel wants to develop more settlements in the occupied territory. for a pro expansionist like. increasing jewish presence in the west bank is a culmination. of. israel and the west bank. next on d w. again the protests have been silenced there

is now fear and uncertainty on the streets. in hong kong china's new security law has shut down freedom of expression. teachers are threatened with dismissal activists are being arrested for fleeing the country global 3000. and 60 minutes on d w. we know this is a scary time for us the coronavirus is changing the world is changing our lives so please take care of yourself good systems wash your hands if you can stay at how we are d.w.p. for here for you we are working tirelessly to keep you informed on all of our

platforms and we're all in this together and together make an effort to stay safe everyone. stay safe stay safe be praised stay safe. area. ancient city of hebron which is now the occupied west bank and just outside the jewish settlement of chile just. among the latter is inhabitants is this. woman know my name is. i also have a french name of course comes.