the corona virus pandemic. has the rate of infection been developing. what is the latest research. information and context. the coronavirus of the coding schedule monday to friday on. japan's economy expands for a 2nd straight quarter and asian markets are rallying the nikkei hits a 30 year high but careful with the pandemic still raging the world's 3rd largest economy is not out of the woods just yet. also coming up another setback for europe's vaccination strategy french drugmaker sanofi says they won't have

a new code 19 vaccine already exists year. on the party's over well before this year's carnival revellers it's hasn't even begun a big blow for rio de janeiro's economy. hello and welcome to the view business i'm going to get jones in berlin good to have you with us and it's been a good start into the week for asian shares largely thanks to japan's nikkei which briefly topped the 30000 mark for the 1st time in 30 years a strong buying in tokyo was driven by news that the japanese economy expanded more than expected in the 4th quarter a whopping 13 percent extending the recovery from the country's worst post-war recession the nikkei topped 30000 points on monday for the 1st time since 1990 the hike has been fueled by hopes of a rapid economic recovery under speedy exit out of the pandemic. the world's

3rd biggest economy expanded by a breathtaking 12.7 percent in the last quarter of 2020 well ahead of its competitors the u.s. economy grew by just 4 percent over the same period and the eurozone so growth of just 2.8 percent. analysts say a key reason for the upswing is japan's refusal to impose a hard lock down instead the government's aim has been to get a handle on the pandemic while keeping businesses shops and restaurants open. tokyo is forecasting growth of around 4 percent this year and businesses are optimistic to a survey conducted by japanese news agency kyoto says 72 percent of the country's companies and managers expect to see increased orders in 2021. and here's a look now at some of the other business stories making news. australian treasurer josh frydenberg says the country is close to reaching significant commercial deals

with google and facebook with the online platforms paying millions to media companies for content shared by uses google and facebook have yet to comment but they have recently threatened to discontinue some service in australia to avoid paying. passenger numbers at the middle east busiest airport to dubai international slumped by 70 percent last year as the covert $9000.00 pandemic crippled the travel industry the airport is the hub for emirates airline operations were reduced for several months under government travel restrictions the industry expects it will take years to recover. nigeria's. is said to be confirmed on monday as the 1st woman and 1st african leader of the world trade organization that after u.s. president joe biden supported her candidacy. that blocked it effectively paralyzing

the organization. microsoft founder bill gates wants to invest $2000000000.00 in the next 5 years to avert climate change he says innovations when needed to avert a climate disaster gates called for a 5 fold increase in government investment and demands a stronger focus on c o 2 taxes and alternative energies such as solar and wind power. a new code 19 vaccine candidate developed by french drug makers the no fee and u.s. group translated bio will not be ready this year the news is another setback for sanofi the company's already struggling with a delay in its other code 1000 baxi candidate for which it has partnered with britain's glaxo smith kline the european commission to order it up to 300000000 vaccine doses off the sanofi g s k vaccine for the 27 member states.

well for more let's cross over now to our financial market correspondent to chelsea delaney in frankfurt chelsea the 2nd time sanofi failed in its attempt to produce an effective covert $960.00 what's that mean for the french pharma company . it's a major just appointment for. the company had invested a lot of money and a lot of time into building out these vaccine programs and both of them just aren't really bearing fruit at this moment so that's a lot of wasted time that's a lot of wasted money and senator he also had been really the front runner at the beginning of the vaccine race they had received a lot of investment from different governments that was really seen as one of the most promising candidates and now both candidates are really following through but i'd say this is also a bit of a blow to france in general you know the whole. story of the founder of vaccine

technology it's been really a big blow for them to not be really on the map in terms of vaccines. to be quite disappointing and it certainly is disappointing for millions or billions of europeans and europe has invested a lot in developing the vaccines which means for them. it's also a step back for europe as well which has really gotten off to a very slow start in terms of vaccines there's massive shortages of vaccines across the continent and the set of fever x. scenes had been one of the biggest orders that they you had a place 300000000 doses that was one of its biggest biggest so that certainly delaying some of the supply that you had been hoping for but we also are seeing it sent a few step up and say ok we're not going to be producing a vaccine right now so let's produce other vaccine so they've struck a deal with for example pfizer and biotech here in germany to produce about 125000000 vaccine doses. so they are reassessing and distributing

some of their capacity to produce vaccines for other companies who are brilliant delayed even franker thank you so much. when back to our top story if you remember japan extended its economic recovery now for the 2nd straight quarter so the exceeding analyst expectations and i would like to talk a little bit more about that now with andrea hang in singapore andrea good to see you just tell me how sustainable is japan's grows given that we're still in the midst of a pandemic well it's good news none of us can monica but the good news will not last long analysts say that the growth is actually very fragile and could likely be very easily destructive now sooner rather than later we will see the impact of japan's 2nd state of emergency if you recall the impulse that late last

year and that's going to have its effects on particularly the church as an industry and as consumer confidence as well as that related industry is going to take some time to recover longer than expected it's not going to be that much sustainable but we did definitely saw a quite some euphoria or on the market i mean the last time the nikkei traded above 30000 was an organist 1990 it was a very different time then. i was i was a lot also a lot smaller than i am. going to compare then and now investors do say that the nikkei house that you tell 30000 is actually not much well a celebration just to illustrate it is currently at this moment trading at 17 times expect to earnings not to illustrate the comparison back in the ninety's or in 1900 the city as you mention this number was 50 times expected earnings so you can tell you can see why analysts are not really jumping for joy at this positive news but

that being said they are like any 2 scenarios the 2 eras so to speak if you remember in the ninety's nikkei had a very big but it was involved in a very big bubble which prompted the central bank to introduce some unprecedented monetary easing though that's not that may not happen right now you know we're also seeing japan entering or rather the global economy entering a new era. but can in 1000 was the end of the soviet era soviet union right now we have been quite possibly possibly easing tensions between us and china right right under your hang in singapore thank you so much for this. change of pace today is also more talk or sroufe monday the climax of germany's carnival season and normally at the millions of carnival revelers especially in the rhineland out on the streets singing and dancing but not this year not during the coronavirus

pandemic this year cannibal has been cancelled and that is costing the german economy a whopping one and a half 1000000000 euros according to the german economic institute in cologne the retailers hotels and transport sector all missing out and it's a similar picture across the world to the famous venice carnival this year is going on line with digital potties running until tuesday and rio de janeiro has to make do with its allowed in colorful spectacle this year losing out on something like one and a half $1000000000.00 in revenue because like everywhere else in the world this year the coronavirus is taking center stage. carnival time in rio a raucous riot of costumes and color of people and performances except not this year the world famous sound will host vaccinations not crowds and sampras city is all but deserted. without the parades

and the people the performers who would normally be rehearsing here are out of work . it is normally you have the 102120 people who are working producing everything for the parade and then on the day of the parade you have other jobs like the float pusher security even more people. as well as the many thousands of jobs that depend on it carnival also brings around $2000000000.00 into rio's economy each year according to brazil's tourism industry businesses he would usually make a killing selling to the festival goers now have to go without a much needed boost. first it's terrible our sales are down 90 percent we're not buying anything given the lack of work that

was available last year with the shopping activity a present we can't buy anything. for all of us on. the parade floats will have to stay in storage this year however things could be looking up brazil has now begun vaccinating its citizens bringing hope that in 2022 rio street could once again be rich with the rhythm of carnival. and one of the highlights of the global fashion calendar the new york fashion week also has to adapt to the pandemic restrictions and so it has quite a different vibe this year no crowded runways instead strict adherence to health guidelines but if you rules and regulations can't stop the creativity of the world's great designers just turn the mandatory mask into the season's hottest must tough stretch your stuff pre recorded rooftop parties and gardens all ready

to be taken in on line and that is good news for a budget conscious fashionista because online everyone has a front row seat. as your business update here and d w at this hour will be back of course for me and the team for now thanks for keeping us company. we've got some hot tips for your bucket list. corner. it's hard for some. and some great cultural memorials to boot. the double trouble we go.

you can't physically be together short short or we are going to switch springs when we organize because i succumb to my stiff cock challengers joining me and millions around the world to speak out when they can't show me can be stupid i'm switching off because i think outlandish is what friday join those for the 27th as much as 5030 pm for a soccer game to speak up for 60. 6 pts. in the next when i arrive to the airport i was told to wait a postal controller to everyone else had left. and 2 policemen pulled my jacket over my head this was so i couldn't see anything. mean to a car and drove off i had no idea where we were going.

to king they took me to a very crowded place there were about $800.00 women that it was a jail but they told us it was a school. you can't interview people here we've got many negative reports. because if the welcoming sign an artist the chinese government to reach is gong to we go on the queue gets people will be wiped out physically called as well as culturally. we were. taught here more to look at here is a university lecture in germany. for many years the only remaining link to his family have been a few academic texts books written by his father more tell

a pacific right here e respected we go linguist and long standing member of the communist party in 2017 .