photos and videos of ones happening. they want you to w. newsline from berlin coming up next my colleague been to zululand with g.w. business news stick around we'll be right back. where i come from we have to fight for a free press and was born and raised in a new telling the painter should put just one t.v. shadow and a few in his fame for us when official information as attorneys i have work off the streets of many cantors and their problems are all the same 14 social inequality a lack of the freedom of the press and corruption who can afford to stay silent

when it comes to the fans of the humans and see the microphones who have decided to put their trust in us. my name is johnny carson and orange. cheers for wall street as a lot of american businesses that are just hanging on the head of the federal reserve sees a very strong case for fiscal stimulus for the world's biggest economy. has been seen as economic ailments the list is long and the latest numbers a diet look into ways out of the crisis and came up my apartment germans forgot a small folk shoot for furniture to make this next lock down a little comfy that. i'm going. it's the business west still living in

a very uncertain world thanks to the coronavirus federal reserve chief to run pal made that clear in a speech on wednesday the fed keeping rates near 0 and promising to continue buying government bonds until the economy makes substantial progress steps designed to reassure financial markets and keep long term borrowing rates low as we have emphasized throughout the pandemic the outlook for the economy is extraordinarily uncertain and will depend in large part on the course of the virus the recent news on vaccines has been very positive however significant challenges and uncertainties remain with regard to the timing production and distribution of vaccines as well as their efficacy across different groups it remains difficult to assess the timing and scope of the economic implications of these developments and what is the role that pain let's check in with you in scoring york is that a thumbs up for another big stimulus package. overall it is

the only thing it's not drone policy decision but republicans sent to democrats have to get together and we are still waiting for that jerome powell over all brought a pretty mixed bag on one side he actually increased the 4 cost for economic growth next year they also know what the expectation for unemployment rate on the other side he also mentioned that it's going to take many years before main street is back where it was before the pandemic started and therefore the federal reserve probably won't touch interest rates before 2024 will not last point there what sort of message a retail sales sending right now. well if they're finitely showing the impacts of rising corona case to sea or in the united states also off a recent downturn when it comes to employment here in the united states the retail

sales for november dropped by 1 point one percent that was weaker than expected and it was already the 2nd consecutive months that retail sales actually dropped so that is just another point that underlines how important it would be to bring more money to bring more aid to to the american population and also to businesses and school to thank you very much now to some of the other business stories making news california has fined $59000000.00 the right heading after failed to disclose the details over 1000 alleged sexual assault victims the incidents occurred between 20172019. be corn is cracked the $20000.00 mark the value of the virtual currency has grown kids it's not sure when it was worth just $5000.00 he waste ult high risk funds are turning to more exotic investments to make a profit and the u.s. treasury has labeled switzerland and viet nam currency manipulator it's also added

taiwan thailand and india to a watch list of countries it suspects of taking measures to devalue their currencies against the dollar. good and bad news for tina doesn't show while its economy has shrunk yet again it's not as bad as earlier in the year gross domestic product growth was mine is 5 percent in the 1st quarter generally in line with the previous year but take a look at the 2nd quarter that's really falling off a cliff 19 percent and the 3rd quarter well minus 10 isn't as bad but it's not enough to get an economy moving along that needs a lot of help. one year into his presidency argentina's leader of a is fighting a battle on 3 fronts the country's economy is in tatters the debt pile seems insurmountable and then there's the pen demick which has claimed 1500000 life so

far initially the government took quick action and initiated a lockdown but couldn't afford it any longer. i believe that at 1st the state took strict and strong health measures to try to prevent the spread of the virus but then they relaxed the measures because of the very serious economic situation. under. the situation a 3 year long recession that has led argentina to miss a series of debt payments new loans are currently negotiated between the government and adders and the international monetary fund as well as private lenders recent talks have been complicated but economy minister martin guzman is optimistic. the restructuring was necessary condition through. argentina's microeconomic problems not a sufficient one segment on top of

a market economy crisis that we're suffering and the country suffer from april 20. 8th and then. and that deep in the programs where we're here on our feet and $21.00 is going to be a better year. how much better for 2021 whose money expects his country's economy to grow by 5 percent. ditto you see how he is following the numbers for us there are so many things wrong with the argentine economy a falling peso surging inflation extremely high poverty what makes the economy minister so optimistic about growth because next year well 5 percent growth sounds very good at 1st but now. if you are coming from deep contraction of your economy of a 10 or 11 percent which is what we'll probably see in the end of this year so it is true that this is not really an accomplishment despite what the minister says that being said it is true that in specially the last few weeks argentina has seen

stability to a certain extent especially in its currency many have predicted a currency crisis by december and it appears to be that the fact that companies are paying bonuses for example that they have to pay in argentina and pencils at the end of the year is making the fact that a currency that usually people try to get rid of as quickly as they can to buy dollars has seen an increased demand and that has stabilized the currency at least for now experts also reminds us however that many of the currency crisis in argentina have happened in january turbulent times the bill still be ahead so where would you say the government's role well i would say it's not even discover meant it's more the inconsistency in the argentinian economic policy depending on what government was in power that has reversed the policies of the previous government every government comes in and says it's going to get better very soon but it never happens and the truth is that in the meantime argentina has become an uncertain turn for investment because you don't know what is going to happen if you're going to respect payments credits or if they're going to respect private property so it's

in secure as an investment destination and it keeps being insecure what about next year that well it will ultimately depend on a go she ations with the international monetary fund that are on the way and with the lenders of the country if this government achieves an agreement that everyone is happy with that could be a new start for we storing the credibility as an investment to the nation which is the only solution to all the other problems that the economy has of the alligators thank you very much for coming in well online furniture supply is a finally coming of age in germany customers used to want to feel the fabric or get a real life glimpse of big ticket items now they suddenly happy to click their way through a digital catalogue and get everything to live into that will. but warehouse photo shoot close by berlin starring this chair online furniture trader home 24 is making pictures for the company's website. 180000 articles are on

offer with new models joining every day since the pandemic struck online furniture sales have shot up by 50 percent. the money that people would otherwise have invested in holidaying abroad is now going into home improvements says the company's c.e.o. . we weren't expecting such a boom initially we were also gripped by a sense of insecurity but then we responded very quickly and learned fast. what we have been expecting for the last 10 years is that online furniture demand will start to climb the same way it's been doing for ages in the electronics and fashion sectors. the company's sales warehouse has furniture packs stacked up to the 12 metre high roof cupboards tables chairs mirrors. normally smaller pieces are delivered to a customer within 2 days of ordering larger pieces can take

a week but after 10 months of massive orders logistics manager who betis miccolis is having trouble getting fresh pieces in storage space is increasingly standing empty. right now we've got about 100000 packages lying here we can see that there are gaps in the supply chain here and we're already facing delivery bottlenecks and our suppliers are offering us different delivery deadlines to the ones we used to. supply and demand under so much pressure the company doesn't want to waste time or space with returns. so it's opened showrooms in 6 large cities. here potential customers can try out a selection of the online furniture and meet sales staff as well. the showroom strategy is also a way of developing long term relations with customers won over during the pandemic . and finally coronavirus restrictions and the prospect of

a no deal breakers that are on the minds of many birds this christmas but it seems many are seeking comfort in tradition the british christmas tree growers association says tree sales have taken off this year particularly 1st time buyers especially popular bigger for the treats travel restrictions mean more people likely to celebrate the holidays from home this year and i guess they will make it nice. i was doing business with.

one continent. 700000000 people. all with their own personal stories. we explored every day life from. what europeans fear and what they hoped for. some good stuff on the world. in 60 minutes on w. i i finally oh and i'm game did you know that certainty is

truly a man down and killed worldwide cheer so that we can eat the food but it's not just be a little subtle suffering it's the environment meanwhile on a journey to find ways to make machine if you want to know how one click to the crease and the whole trust change stuff doesn't need to listen to our podcast on the green. every day. for us and for our planet. the line is on it's want to bring you more conservation. how do we make seduced greener how can we protect animals and their 100 times what to do with the waste. we can make a difference to our choosing reforestation reduce force to recycling paper disposable

smarm solution superstrings said you know what. it is truly unique and we know that our uniqueness is one allows us to live and survive good why do those be important to shoot from global 3000 on g.w. i'm going to. play. this is g.w. news africa on the program today ought to stolen from africans nigeria has been mean bronzes are among the oss effects neustadt by killing your list some of them will be same to pieces at a new museum that officially opened in berlin today but nigeria once these objects back. and emanuel is actually a professional soccer player but he's had to switch trains to survive in the pandemic zimbabwe's football league's not been able to bring players back to the pitch.