beyond the obvious now i'm based in europe and my work takes me around the world in things for me in the city to tell the important stories behind the headlines. what is the heart of the story why does it matter who live in. focus if you want. to cut through the noise to get to the truth. and i've written down. silver surges as reddit investors turned their attention to commodities futures for the precious metal have leapt at the start of the week days after retail investors sent shares in game stop sky high. as the e.u. battles to get its vaccine rollout going germany holds a summit on how to help it along but want to europe struggles mean for the rest of

the world. and a month after the u.k. left the e.u. customs union will look at the impact of the brakes it on transport across the channel. this is due to be business on robots in berlin welcome to the program less than a week after hyping shares of struggling video retailer game stop investors on reddit message boards have moved on to the commodities market silver futures have jumped more than 10 percent at the start of the week reaching their highest level in 6 months after users on the reddit message board wall street bets organized an investment pile on say they want to deal a blow to big banks who they accuse of keeping silver prices artificially low. let's get the latest on this from a financial correspondent in frankfurt conrad who is in cannot it's silver now. the

more traditional traders in frankfurt making of all of this. well rob many traditional bankers are concerned that all this might harm the reputation of the markets that this might scare off people that the banks for so many years have tried to convince that it's a good idea to get invested on the markets and like this save for your retirement on the other hand it has to be said of course the traditional bankers and brokers are also profiting from this from these higher volumes all this is generating you know retail trading platforms like robin hood or here in germany trade republic or the toro they themselves need service providers in order to be able to provide their own services so the backbone of the market that still the traditional banks and brokers has read it stuff so very exciting for those of us who aren't involved in it because it's a bit of a sideshow when you compare it to for example the numbers we're seeing in terms of the slowing pandemic recoveries around the world. yes and

of course we shouldn't forget that germany's government just imposed new strict travel restrictions on countries like the u.k. are portugal and this and a few more the most important question in terms of the economy right now is one of the manufacturers doing are they able to keep up this morning we've been getting relatively weak data from china which is a warning sign later today will be getting an update from germany's purchasing managers this will likely decide the direction of the markets on the trading floors here at the beginning of this trading week cannot be isn't in frankfurt thanks. now by own tech and astra zeneca are both promising to boost the supplies of coronavirus vaccines to the e.u. for the coming weeks the slow rollout of jobs has led to fury across the european

union here in germany senior politicians are due to hold a vaccine summit to address what some are calling a scandal. chairman he has received just under 3 and a half 1000000 vaccine doses so far half of these have already been used for medical staff nursing home residents and the elderly. but it's not enough and it will be at least another 3 months before all germans over 80 are vaccinated it's feared at this rate it will be 2 years before a majority of germans can get the job it shouldn't be like this much larger quantities have been ordered but some vaccine manufacturers are reporting supply bottlenecks firstly the german company by an attack which won't be able to produce as much as promised the spring british swedish company astra zeneca is also complaining about production problems the european union won't even get half of the promised $80000000.00 doses but the e.u.

is pushing 1st applied commitments and on friday published the purchase agreement with the pharmaceutical company at the request of the company the financial details for plaque doubt why astra zeneca says it doesn't want to make a profit from the vaccine. injury will. force you were so. pretty you know you never do. but wealthy countries such as germany are vaccinating at a snail's pace that's despite such countries having ordered so much vaccine there isn't much left over for developing countries. let's speak to ellen out here in his medical lore expert and public health advocate thanks for joining us on day that we have business in places like germany in the u.s. struggling to get hold of vaccines what does that say for the chances of other countries well clearly there's huge from internationally. to

kiely since the european union's announcement of this this export export ban granted some developing countries are excluded but basically all countries that would be able to purchase their own vaccines are affected by this by this measure and that creates creates creates a lot of concern and in fact it is the exact opposite of what should happen we have to recognize aspirants knows no boundaries it travels around the globe the response to it should also be global and should be based on international solidarity and what we now see happening in europe miss the exact opposite where you've been calling for the poor ling of vaccine technology essentially taking the horse trading with the pharmacy to us firms out of the picture how without work. well almost a year ago already the proposal was made to the world health organization the world health organization moved ahead and the stablished of gold of 19 technology

accessible and the idea is that through this who the intellectual property to know how does technology that is necessary to produce vaccines but also other technologies that may be necessary in the response of the pandemic will be shared so that more producers can use that knowledge to ramp up production there is now we see a production a real production problem in small scale this is now starting to happen within europe but this should really be a global a global approach many of the large scale manufacturers are actually based in developing countries as are seneca already has an agreement which they sort of inherited from oxford because we talk about the esoteric affection but it's really the oxford vaccine that's where the vaccine was the elop with a large indian vaccine producer that should happen on a much larger scale in fact all the production capacity that exists should be x. exploited now should now be used and there are cracks in capacity can be built we

need to make investments to make that happen and that does require the sharing of the know how and the technology by those who have it in her hands if you to force companies to share this information and stuff that they have they spent a lot of money acquiring. what incentive does that leave them to preserves. well in fact 1st of all the pull is not based on forcing it's difficult to force companies to share or to do to release that knowledge but we have to acknowledge that in this situation most of these banks seem to have benefited from enormous public investments so those companies have been do you risk when i hear companies talk about this we do this not for profit well there's a different story there because they have almost all received millions if not billions for the development of these vaccines which is a very very good thing that's exactly what you want to do but attached to that funding should have been

a requirement to share that vaccine we've heard the european commission talk about public global good beautiful words but they haven't taken any measure and haven't made any conditions all the companies when they forked over the billions for the development of these facts and that's the moment where. i don't think it's too late i think they can still go back to the drawing board but take an international approach get no help out there and increase the pressure capacity of production and i'm not hearing thanks for joining us on tape do we have business. time now for a look at some of the other business stories that are making the news ryanair lost 306000000 euros in its latest quarter the irish budget airline has been severely hit by pandemic travel restrictions and warned it could post a loss of up to 950000000 euros for its fiscal year. india plans to double health care spending in its new fiscal year starting april the 1st the country has unveiled plans for an expanded budget to kickstart an economic

recovery the government expects the economy to rebound 11 percent in me 2021 to 2022. for the u.k. as applying to join the trans-pacific free trade bloc known as c p t p p british international trade secretary liz truss is expected to make the request during a call with the ministers of japan and new zealand on monday c.p.t. p.p. currently consists of 11 countries with australia canada and singapore also involved u.k. trades with the members amounted to 125000000000 dollars last year so here's the british trade secretary. who trans-pacific partnership is a trade area have a 9 trillion pounds worth of economic opportunity for which businesses fosgate called needs like malaysia mexico economies like canada japan and 1st of all it will have tariffs on 95 percent and unlike the e.u.

it doesn't have the strings attached and there is no coal no controlling british borders there's no demand for money so this is a grouping of sovereign nations what it will do is link written to some of the fastest growing economies and well to give us those opportunities in the future well it's now a month since the u.k. left the single market and customs union it hasn't been without problems for traders hoping to move goods across the channel but it's also having an impact on people moving. normally around 10 euro star trains arrive at paris is god nor station from london every day now it's just one brick set in the pandemic of dealt the business of double whammy. the few people still travelling see this cross-channel transport link is to port and to be allowed to fail. to get the whole if there are some financial difficulties at the moment i think that the service benefits the public so it's up to the government to ensure that it can survive they

should really ensure that all the transport services are not affected by the crisis so there should be some government aid towards helping the like solve the area start eurostar is heading for a crisis the company's leaders fear cove it will be the end of the line. unless just i think. the situation is critical for eurostar the new hygiene regulations in the different countries which aren't the same between britain france belgium the netherlands it's complicated cizik says if. passengers may agree that government should step up to the plate but what's not clear is how much funding different governments can pledge the french or the majority stake in eurostar have already open dialogue with the u.k. . we're working with the english on aid mechanisms which would be proportional to each country's stake in eurostar.

same pancras station in london the british government is much less enthusiastic in its approach than the french. the government refused to comment but experts think that it will come to the party. if we are serious that we do want to stay friends with france and germany and belgium. that we oversee the hof to ensure that u.s. in its present form survives once again there are tough negotiations ahead to keep cross-channel relations on the rails. like earth one coming to an escape to coincidence skewers probable happened. it's a bit like winning the lottery. or unique starts feb 11th on d w. 2 children. come to

school one problem and we're nearly in the new casino. i need to leave the chance including many serious conflict. how will climate change affect us and our children. and e.w. dot com slash water. she'll see all told you i've also heard you're lucky to be alive so keep quiet. lest we forget a project by luigi toscano. born we were brought to bear cannot get you to die and

they're going to. luigi toscano travels around the world photographing contemporary witnesses of the holocaust. now he's on his way to paris for his largest exhibition to date. the project is a race against time. to get seen there won't be any survivors left. because it's all the picture that i take around or that much of i don't give enough credit to drop dead soon his portrait of 95 year old net called inca will be joining that she survived the auschwitz be a canal.