behind this criminal incident. which. forces and that does it for me in berlin on behalf of all of us thank you so much for spending this part of your day with us and do stick around business news with stephen bursley is coming up in just a moment i'll see you at the top of the hour. today don't miss our highlights w. program mine w dot com highlights. that 77 percent topic are younger than i think. that's me and need. to know why this time of course is 100. 77 percent talk about the.

front porch of a flash from housing boom boom town this is where. 77 percent. this weekend v.w. . joe biden gets to work citing a raft of executive orders pandemic relief and the u.s. economy top the agenda also rebuilding international ties. also on the show these trucks are moving because of the border between cameroon in the central african republic where the political dispute is jamming up trade. over walk into the show i'm stephen beard could have you with us uniting america was the

primary theme of joe biden's inaugural speech but there are many more acute challenges facing the new president he needs to guide the country out of the pandemic and fix a coronavirus battered economy along the way our reporter daniel wynter looks at how biden's inaugural address set the tone for his economic policy. if one word could summarize biden's speech it is unity with the new president highlighting the need to overcome the pandemic and economic devastation together with unity we can do great things important things we can right wrongs we can put people to work in good jobs we can teach our children in safe schools we can overcome the deadly virus we can reward reward work and rebuild the middle class and make health care secure for all and this is the state of the country he's inheriting president biden's address highlighted the shuttered businesses and

joblessness saying it's time to rise to the occasion. 5 years 1st speech as president painted a picture of america as a soon to be revitalized economic force but with america's economic recovery at stake this was no ordinary inauguration address the plans he's announced and the policies the new president puts in place in the coming few days well affect americans for generations to come. coal to biden's speech the devastation caused by the pandemic to lives and livelihoods as well as the lack of opportunity the struggle of ordinary americans to get by there was little in the way of policy and joe biden's address instead he focused on the challenges ahead but many of my fellow americans view the future was fear trepidation. i understand they were about their jobs. i understand like my dad the. nights turn to the ceiling wondering

can you keep my health care going to pay my mortgage. thinking about their families . about what comes next. i promise you i get it or not once did he refer to his predecessor by name the new president is making a clean break with the past biden has to be more than the empty trump his democratic party has one effect of control over the full sweep of legislature and executive the house the senate and the presidency biden has promised to deliver tangible economic benefits to ordinary americans and now the buck stops with him capping his speech was a rallying cry for getting the country back on track we will get through this together. now president biden's challenge is to foster that necessary unity in a deeply divided country a country desperate to rebuild. well investors were also watching that

speech and biden's 1st decisions in office here's chelsea delaney our financial correspondent from the frankfurt stock exchange with her take a reaction to biden's inauguration. investors have very much embraced that by ministration since the november election we've seen stock markets around the world setting record highs that docks in frankfurt about 20 percent cents election night and we see a lot of optimism among investors about what this new administration could mean for the economy of that by the ministration has already come forward with a plan for about $1.00 trillion dollars worth of economic stimulus that would benefit not just the u.s. economy but it really around the world of course there will be a lot of challenges for the buy in ministration one of the biggest ones will of course be the role of china and how it approaches china it will also really have to confront some issues here in europe around how europe plans to tax and regulate

some of america's biggest tech giants so we've seen a lot of celebration this week over the inauguration but now it's really time to get back to the issues for both politicians and investors. right our financial correspondent chelsea delaney there in frankfurt well in his 1st day in office biden rushed to undo much of his predecessor's legacy signing executive orders to rejoin the world health organization as well as the paris climate accords the biden also says that he wants to shift the tone of america's international relations and that would include those with africa what about economic policy with the continent's here's 3 things to keep an eye on 1st is trait the troops departure leaves a us kenyan free trade deal without resolution it was supposed to be completed by the end of the year but by this preference for multilateralism over bilateral agreements means it may now be dead in the water then there's the leadership of the world trade organization by this expected to give the green light to this woman nigerian economist who goes. to lead the body and she's been previously blocked by

trump and finally vaccine distribution in africa under by in the us will join the international kovacs project to to deliver vaccines the poor countries and that's a major boost to south africa in particular as it battles the emergence of new variants of the virus. now for more on this i'm joined by dee correspondent eyes that callet seat from accra is that can you hear me can hear you great isaac good to have you on the show i get the sense that binds election is generally welcome from africans but that there might be questions whether the america is going to play any more of a role on the continent what would you say. it is a factor that in many african countries happy that there is a change i don't fight especially because of the push of the not trump the right in iraq for you however even though it will come from the prism biting election and also surname the don't really expect so much to change because they live on what's

in our ways of president barack obama really is the marching times of africa so even though african countries are excited there's a change and i think that's right and fighting will be able to respect them and you don't really have so much of the teaching that things would change overnight horace important note the just made there that this wasn't just a trump thing but obviously with obama too many africans felt like they were being focused on listen about trade we talked about this kenya deal why is this such an important thing whether this is brought to completion or whether it isn't. so for the for example the king abdullah when king actually was trying to sign that deal with the you ways obviously were constrained among the african union because then there was a launch of the african continent our free treat zone in agreement and to me after countries thought that it was important africa goes to negotiate with the world power weights with a collective instead of being reasonably neat individually so yes this obviously

didn't deal between king and us days in the limbo because we asked archly is currently operating and so we look to see how really dividing administration will add up to 2 to date and obviously changes approach in africa and you talk about african countries want to be i level with world powers china has obviously been very active in africa is there sense that that could draw the u.s. a bit more into the continent underbite. yes of course on the trumpet we know that the u.s. had once africa against doing business with china but for african countries what they say is that china doesn't the take is actually what they should do internally so obviously they will go in for the fines and 48 from them so i think america wants to change approach as well if you really want to do business with africa all right really quickly isaac how important is this kovacs the joining of kovacs how important is that for africa briefly if you can. may have a countries are struggling to raise funds to get the vaccine for the africa things

and of cause eva america is joining a you know what half of the night vision obviously means that all the funding restored and so deprecation is that this group trickle into poor countries in africa sort of gradually be able to get a vaccine for to protect the africa this all right doesn't correspond to isaac let the end of crop thank you so much thank you. let's take a look now at some of the other business stories making headlines. just hours into his presidency joe biden has halted construction on the controversial keystone x.l. pipeline which was set to ship oil from canada to the u.s. state of nebraska his predecessor donald trump had backed the project campaigners have been warning for years about the damaging consequences of the project for the environment. the european central bank has decided not to tweak its ultra loose pandemic stimulus for the euro zone but in its regular policy meeting the e.c.b. said they said concerns about a new virus variance and slow vaccination drives are darkening the economic outlook

. google and a group of french publishers have finally agreed on copyright fees after months of negotiations u.s. tech company would help pay publishers for content it uses online the deal comes in the wake of revised copyright laws which entitle publishers to demand a fee from online platforms showing extracts of their news. tesla has received the green light to build an electric battery factory just outside of berlin it will be built in close proximity to it soon to be completed electric car plant where production is set to begin in july as the c.e.o. a long mosque says the german battery plant will be the biggest of its kind in the world. south africa will pay $5.25 per shot for one and a half 1000000 doses of astra zeneca corona virus vaccine made in india for the health department says that is based on south africa's status as an upper middle income country however e.u.

countries have agreed to pay just over $3.00 a shot for the same vaccine. border shut to road traffic truckers stuck unable to cross worried about their say about the safety of their cargo it's happening here and the border between cameroon and the central african republic as you can see on this map trade between 2 nations has been growing in recent years leading to a busy cross border exchange of goods most of it carried out by truck but that's ground to a halt to political instability. the cameroon border with the central african republic more than $1500.00 trucks loaded with goods have been stranded here for over a month due to an armed insurgency on the ca l. side reports say rebels have attacked trucks that have tried to cross while waiting the drivers cook and sleep next to their vehicles. of course this blockade has created an enormous financial crisis we're racking up expenses while we're stuck

here we've not been paid for a month because we only make money when we make trips with trucks stranded like this we are nothing. trucks coming from ca are have also been held up while trying to head west into cameroon about 30 were allowed to make the crossing this week but more keep arriving ca r. is landlocked and depends on cameroon for its exports and imports including food. we transport essential items goods that are of primary importance for survival my truck for example carries refrigerated goods when a container carrying perishable goods is stranded for many days it's a loss for the company it's a very big loss for the company. neither government has released official figures for the economic losses due to this the hate but while the transport companies and

the businesses who rely on moving goods across this border of feeling the pinch it's the drivers stuck in limbo who are hurting most. the top story we're following joe biden gets to work on pandemic relief in the u.s. economy and rebuilding international ties african countries are waiting to see what a by the ministration means for the continent. that's a for me to do business it's watching. for. facebook and twitter. to date and in touch. fully. soon. to.

discover the. subscribe to. documentary. this is. coming up what does a show want from the ministration. beginning with china u.s. policy on the donald trump set a confrontational tone with this change and what does china walked. and walked off u.s. allies in the region of regional export tells us what countries in southeast asia are expecting.