we live in a competitive world is this cold it's cool it's been cool. to be free but the world is changing the most important commodity to. be prepared. for the city or commodity starts march 22nd on t.w. . germany's struggles to end the lockdown amid rising case numbers the hospitality sector sounds the alarm warning that many restaurants and hotels may never open again. also coming up sanctions and spiking inflation on the coronavirus we'll take a look at how russia's economic woes i think its most vulnerable. business i want to get jones in berlin good to have you with us it's crunch time for germany's pandemic strategy of case numbers are rising again the city of humber

has just announced its intensifying its lockdown measures and berlin is looking in to doing the same but can businesses here afford to that the hotels and restaurants in germany as sounding the alarm each month on the lockdown means an average loss of 75 percent of sales that according to the trade association sales plummeted during the 1st wave last year with these figures compared to 2015 the response in the summer was all too brief autumn came and another clip which all that means hospitality businesses are fearing for their future a recent survey by a german hospitality trade group found 72 percent of entrepreneurs fear they'll go out of business and one in 4 are considering closing up shop for good or for more let's cross over to frankfurt where our financial market correspondent susan is standing by for us. in germany actually wanted to slowly but surely emerge from the

lock down now we have this set back what's that mean for the economy. well the situation for many businesses is becoming life threatening you mentioned the hospitality sector german retailers who are super nervous the association for german retailers comes up with a number 120000 jobs shops it says are under threat if the lock downs have to continue and in terms of the economy well the group of wise people the economic council counseling the german government in economic questions has said that currently during the 1st quarter of 2021 the economy is in contraction again of course all this can change with the success of the vaccination program but as you know this is really going too slowly here but in the meantime all these businesses hospitality sake but also retailers artists everybody they

need a lifeline anything like that in sight. the governors of the federal states who are basically in charge of what exactly is to apply in each federal state they sometimes come up with little. measures of relief for example in some of the federal states it's going to be allowed to travel a little bit more you know what's the difference if you stay at home as a family or stay in a holiday cap and also my your journeys both favorite travel island is open again but i think these little steps only indicate how desperate everyone is. in frankfurt thank you so much. a consultancy e y. is facing another parliamentary grilling over its failure in the wia cost scandal today the scandal left thousands of investors high and dry listed on germany's dax

why a card was deemed safe and sound investment until it's applied for insolvency in june last year now all that's left are anxious shareholders who don't know whether they'll ever see that money again. vote gongs on could this period he had invested several 1000 heroes and why are current shares the risk seemed low why are card was after all listed on germany's most important share index the dax. so it's the time now for example i want to share price and the reports managed to do this today and also the reports that we're now coming from so-called analysts. who are going on the list and quite didn't bother to let me say look any deeper why should i have. lost. he would have found out a lot in 2008 the protection group for small investors asked some uncomfortable questions at wired cards annual general meeting. if you googled wire card as

a payment processor in 20062007 the 1st 1000 pages you would have found were hits from online gaming websites websites with pornographic content and websites that sold anabolic steroids etc. sites that were prohibited in the operators home countries a high risk business. why are cards books contain corporate acquisitions with opaque ownership structures in tax havens. after one year card became a topic in the media again around 10 years later the german financial services regulator bof and finally prohibited so-called short selling stock exchange transactions that bet on falling why are current prices. still the auditors from ehrenstein young continue to certify that wire cards balance sheets were clean today why are card is insolvent almost 2000000000 euros are still missing from the

books x. c.e.o. mark was blown is in custody and x. asia c.e.o. young masonic has gone into hiding 22000 investors have registered with the small shareholders protection association the damage done around 380000000 euros. i assume that the loss suffered by private investors is significantly higher even if i look at the total market capitalization of a wire card which only recently was almost $20000000000.00 euros. lawyer fabiana teeth represent several clients in the wire current case he assumes that the shareholders will be left with less than 10 percent of the company's insolvency assets. one possibility is to assert claims for damages against the auditor and then during the criminal proceedings against the members of the executive board if necessary for once mcclean done. both gongs and kurta has little hope of seeing any of his money again fortunately it was only part of his retirement savings.

was noble if just a few minutes of polite opening remarks was an hour long trade of bob's between the u.s. and chinese delegations during talks in alaska u.s. secretary of state antony blinken pointed to what he called chinese cyber attacks and economic coercion of american allies china's top diplomat john gates she accused the u.s. so fusing national security concerns to obstruct normal trade exchanges. all right where do we go from there well 1st of all we turn to matthew moore my colleague who joins me in the studio now matthew i mean the global economy is already quite busy with dealing with the economic fallout from the pandemic do we now also have to worry it again about the u.s. and china good morning monica yeah i think the trade war between the world's largest economies hasn't gone away it's been something of a cease fire until now though we've been focused as you say on the pandemic for the

last year and there's been a change of administration in the u.s. and so no this meeting is the 1st obviously the high level meeting between the 2 sides and it was quite explosive young nietzschean anthony blinken really airing their grievances i mean if we foreshadowed this meeting saying they're going to talk straight and talks really dead i guess what this meeting tells us is that those not really despite the change in president does not really a change in policy the u.s. is still going to be tough on china that china is still going to kind of give fight back and you know a minister saying this is half a century this is the kind of the relations rather than half a century. and i think that the trade wars lightly to kind of escalate as the pandemic come to less of a of an issue between the 2 sides are going to go back to these issues that are on the table kind of tariffs technology restrictions on technology so what you're saying is that this 1st high level meetings that was sets the tone for that relationship under the new the biden administration but is there any difference to

the approach that trump took. in substance not really but i think the devil will be in both the detail on the also the styles of the biden administration has been kind of criticized even in the early weeks of the last year has been criticized it was going to be weak on china and so they had to come to and i think trump was unfazed by human rights issues and it was less of a priority for the trumpet ministration biden has said has been explicit the issue with the detention of we goes will be will be high on the agenda hong kong the issue there will be high on the agenda and i think what we'll see is that. they will impose sanctions but they might not deliver the kind of the tariffs and the sanctions in the form of a tweet like we saw with from i think o.b. different style certainly matthew half a minute please give me good news any way of them agreeing on the way forward i

think both sides will tell you there's always room for agreement you know earlier this month blinken anthony blinken the u.s. secretary of state described china as the u.s. his greatest geopolitical test to really set. set out the challenge in front of the u.s. and by then ministration and i think that comment on the meeting last night in alaska really suggests that the mood will be tough but that it's possible that there are 3 words that are in and it might not be reached overnight it's not a lost case i'm glad to hear that matthew mood there thank you so much for that as . and to breaking news now on the bank of russia just announced it's raising its key interest rates to 4.5 percent that's us the central bank seeks to battle a spike of inflation partly caused by the coronavirus pandemic prices are rising at the quickest pace since november 2016 the country's economy has suffered too due to lock downs and border pleasures and the ongoing sanctions against russia don't help either just take migrant laborers for years russia has relied on them to do some of

the toughest and worst paying jobs especially in industries like construction and agriculture that face chronic labor shortages now with millions of foreign labor is from the former soviet union stuck at home due to pandemic and used border closures russian companies are trying to adapt to. these laborers have to work extra long hours because millions of masons carpenters and poorly or from other former soviet union countries aren't able to come. ok granted it was migrants who came to russia managed to work until the end of the year then they went back home for the holidays and now it's problematic for them to come back. or the equivalent. this company typically employs workers from poorer x. soviet countries like armenia. and inspect. they accept jobs few must sign

up for and charge less than russian workers. because corning toy companies experience them as 30 percent deficit in the supply of foreign workers now however it's not critical for us as well hiring workers from russian provinces despite the fact that we have to factor in extra labor costs versus if you will use whatever force. is not over the top of their wages are up to 20 percent higher than those of foreign labor is he says the labor shortage also prompted russian authorities to simplify laws for migrant workers. in the new migrants who stay here have a right to apply for a work permit for a guard listen to their terms of stay in russia and regardless of the purpose of their stay. in the right. before the pandemic russia had around $10000000.00 migrant workers according to estimates from labor experts all of the

oil ever returned to russia remains uncertain as some of them are now seeking work in turkey iran and the e.u. . and that's all for business now at this hour here on d w you can always find out more on a website called. thanks for watching. the final against the corona virus pandemic. has the rate of infection been developing what does the latest research say. information and context the coronavirus update 19 special. on t w. n o many push. ups right now in the water right now climate change me different awful story. faces watch closely when photos one week.

how much one can really get. we still have time to ask i'm going. to subscribe like this. when it comes to vaccinating israel is the world champion. no other country has an ocular had more of its people. life can be good once you've had the jab. a different story in the israeli occupied palestinian territories the 1st donor shipments had only just arrived from kovacs. and infection rates are especially high. in the densely populated parts of the west bank and gaza.

like anywhere in the world this sketch as one official says thousands of gazans have failed to turn up for their vaccine prefer to wait and see the palestinian laborers who work in israel have a job as you crave a reports. of vaccination center at an israeli checkpoint between the west bank town of bethlehem and jerusalem here only palestinians are holding a permit to work in israel or in settlements are vaccinated by israeli authorities . as a young person and a palestinian i can take the vaccine but at the same time i think of my father and mother who didn't get it yet i'll feel better when all of my family members have been vaccinated. and about. israel ams to vaccinate about 100000 workers who cross over from the occupied west bank to israel every day the country has faced criticism abroad and at home for not providing vaccines to more of the palestinian population. israel's interest

is clear in order to open the economy and return to normal we need everyone who is moving around inside israeli borders to be vaccinated and safe. but in the israeli occupied west bank ordinary people are still waiting for a broader vaccination roll out in ramallah nurse each off as only a few vials to administer to her fellow medical colleagues the modernity vaccines were part of a one time delivery by israel a small amount but still seen as a relief for those having to deal closely with patients. and. we as doctors and nurses are on the front line i hope that everybody will get vaccinated like this means that we will be protected and have the capability to move on and fight the disease after had a lot. the palestinian authority has received 62000 corona virus vaccine doses

through the w h o's kovacs program providing jobs for lower income countries in february 10000 doses of the sputnik vaccine arrived from the russian government however the palestinian authority has come under criticism for the delay in starting a wider vaccination drive. this situation is deteriorating in palestine but also as in several countries around the world as a result of the late arrival of the vaccines the discrepancy in administering the vaccines does not bode well and bringing the end of the pandemic any closer. to. 2000 doses of the sputnik vaccines were sent from ramallah to the hamas controlled gaza strip after israel approved the transfer the blockaded territory also received about 60000 vaccine doses from the united arab emirates for a population of 2000000 and its crucial infection rates in the west bank have

soared in recent weeks in this private hospital on the outskirts of ramallah medical staff have seen a sharp influx of serious covered 1000 cases attributed to virus variance. in the. days ago the corona ward was hot and we were and it seems that department suddenly the numbers started to increase huge numbers started coming to the hospital. restrictions were tightened once again in the west bank recently a curfew on weekends and night was already in place to curb the pandemic while the wait for more vaccines continues. is a palestinian and senior analyst. just how is the situation right now. the situation in the west bank and gaza is really really really dire sections are increasing every day in their thousands the

hospitals really are full capacity and aren't really able to take anymore patients and and so there is a lockdown in an attempt to confront this dire situation but what's even more tragic is that even though there is this lockdown and everything is closed by listing and are without work there without possibility of earning money being able to pay for basic food rent there aren't any sort of social security measures in place so the situation really is a dire as it's been reported i guess makes it even more important that these vaccines get through to the palestinians what is the problem in your opinion. yeah and so whilst all health systems around the world are struggling you know palestine isn't necessarily an exception in that case what has to be remembered is that the west bank and gaza confronting the pandemic from a reality of israeli military occupation and this has completely weakened the

ability of the palestinian authorities in the west bank and gaza to respond effectively to the virus and i think it's very important that the context of of military occupation is is understood what's happened over the decades that israel has deliberately disrupted palestinian medical capabilities meaning that they don't even meet the basic standards this includes you know tight restrictions on imports meaning that there is a constant shortage in equipment in medications in gaza for example gaza constantly operates up 0 stock meaning that there's less than a month's supply and in addition to that israel places severe restrictions on palestinians so even if they cannot receive medical care within the west bengal gaza and they want to receive medical care elsewhere they really are the musci of the is rated regime as to whether they receive permits so this context prepared demick was already incredibly challenging and so you can see that the the added

disaster of coves it has only made that situation a 100 times worse your what about the palestinian authority taking responsibility for back to making its people. so the posting authority is not a representative body it was created after the all flu accords really as a service provider as an interim government in waiting for a palestinian state a palestinian state has never come to fruition and so it's this is it's a sort of a limbo body and they've really not been able to deal with the pandemic effectively not only because of the israeli occupation because but because they completely do not have the resources to do so they are totally out of money they are dealing with an already depleted health care system and so really what they have the strategies that they've been putting in place is on an off lock downs and hoping that you know

the vaccine will come soon and it hasn't will to talking about resources and the vaccine we have seen this week so shipment of callbacks vaccines how significant is that. yes over the last few days there has been this reports of this kovacs shipment coming in. you know it's a very very small batch it's only about i think about 64000 doses and we're talking with talking about a population of 5000000 so it's really really minute we've had more reports but there are supposed to be at least another $100000.00 coming across from china but this is just really these are really tied bits for a very very vulnerable population and there is a very stark reality going on that whilst the palestinian population isn't being vaccinated and that the israeli population is now over 50 percent vaccinated

will israel backtracked on those plans to sell so close vaccine abroad what are things looking like now what's the way ahead do you think. i think the way ahead the only way ahead is for israel to provide the vaccine to the people they occupies the palestinian people and i think the international community has to place a huge amount of pressure on israel to fulfill those obligations because at the end of the day there isn't any way a border between israel and palestine israel subsumes palestine occupies palestine there isn't a border and the virus doesn't recognize the border so at the very least it's in israel's own interests to vaccinate the palestinian population or a worry thank you very much for being on the show today a senior analyst at the palestinian policy network. thank you for having me. and it's that part of the show when derek williams answers your questions on the

coronavirus. how likely you to catch david 1000 outside for example from someone running by. for me one of the most striking aspects of this pandemic is the amount of research that's gone into trying to answer seemingly simple questions like this which turn out to actually be pretty incredibly complex i mean who would have guessed even a year ago that we have gotten so obsessed with the highly abstract world of aerosol distribution physics both in closed rooms and outside back to the question though we we now know that while it certainly might be possible to catch tobit 19 outdoors it's much much less likely than it is indoors in poorly ventilated spaces where people spend extended periods of time that's because unlike outdoors aerosols accumulate in enclosed spaces and increase the chance

that you might inhale enough of what an infected person has exhaled to catch the disease so though that's an amount i like to know by the way that we we still don't know with any certainty and general consensus seems to be that in addition to the indoors outdoors aspect of the equation the other factors that play major roles in infection are how long exposure lasts how close an infected person comes to you and the amount of time that you're around them the w.h.o. only recommends 6 and outdoor settings where physical distancing can't be maintained like crowds and not for people doing. intense physical activity that's

because pretty much all the indicators point to the conclusion that the jogger panting by you in the park just doesn't really present that big of a wrist. thanks for watching stay safe and see you again sick.

with. the banks. to the point the strong opinions clear position on the international perspectives on. the arctic ice cap is melting away making it easier to exploit the region's huge reserves of natural resource 63 major powers the us china and russia i'm fine for the biggest possible shadow of the cake so how explosive is their rivalry. to the point to the. 3 d. w. . good shape. getting rid of wrinkles tightening up the body

people use a variety of methods to improve their looks. to wish to embellish one's appearance is as old as men. which methods are most effective. and one of the potential. good. 90 minutes on t w. how does a virus spread. why do we panic and when we'll all miss them. just through the tax and weekly radio program. if you would like any information on the crown of virus or any other science topic we should really check

out our podcast so you can get it wherever you can get your podcast you can also find us at w dot com one slash science. children to come tonight it's. one giant trouble him and me nearly get in on it to see the picture you. need to be crazy lady fuel economy. how will climate change affect us and our children. dot com slash water.

this is. germany almost the 1st scientists to give the world hope. to. go down in history as the. pile. being given to the country.