got to thank you so much for spending this part of your day with us the news continues right here on d.w. up next is business with rob watson i'll see you again at the top of the hour. their story their very own personal trauma. to the child strophe remember. and they share

private footage with us that has never been seen before. bactrim the stories of people 26 on d. w. . defends her actions surrounding germany's biggest ever of business can't know why a card was an investor darling cooked its books go make this happen asking the chancellor why she promoted the company over scenes even as allegations of wrongdoing swirled. health care workers are leaving nigeria in drug seeking better conditions well look at the impact it's having on what nigerian clinic. i will be on space. costa del sol where there's cautious optimism that the sun might finally

be rising again in the tourism sector. this is due to be business in berlin welcome to the program questions over the scandal have now reached the very top of the german government on friday chancellor angela merkel face the parliamentary committee investigating the biggest fraud in german corporate history just how did a company such as why god often promoted by the german government managed to hide an almost 2000000000 euro hole and its finances a world leader arrives to testify the bundestag committee investigating the wild card scandal wants to know why i. spoke on behalf of the company during a trip to china in 2019. the no insolvent payments processor committed fraud worth billions merkel has defended promoting one card saying it's common practice for the german government to do so abroad despite all the press reports there was no reason

to assume seriously regularities card the german chancellor told the committee. however there were already indications that something was very wrong of white card in september 29000 when angela merkel met chinese president xi still neither the german government nor the financial regulator bothin were suspicious opposition politicians find that troubling. market entry in china also a key product for why i started what i want to access storage companies so desperately needed in 90. shareholders and investors and so i think not deliberately not intentionally in fact supported how you fact at least the continuation. sheet i knew palatial and this is of course published politically a mistake why a card collapse into insolvency last june after admitting to the 1900000000 euro

hole in its finances leading politicians auditors and regulators have since all been accused of major failings the big question now is whether germany is any better equipped to avoid further large scale frauds by fin ticks especially with increasing digitalisation of the financial services sector. to nigeria now which is currently facing an exodus of medical professionals a recent survey suggested 9 out of 10 doctors nurses there are considering leaving the country heading to places like the u.k. or the united states is putting enormous strain on nigeria's already under funded health care system. reports. right emotes is anxiously waiting for the birth of her grandchild out she rushed how does terri lots of this private hospital for an emergency c. section. she has been laboring since one ear she didn't have any more that's why we

brought her here for this surgery right here months tells me. nasa glory only away is the owner of the hospital she's well known in the community for providing health care to people who cannot afford it. private health care providers like when you weigh after forced to be had the burden of nigeria's feeling health care system most people don't have health insurance so the hospital often has to cover the bills of the patients or depend on donations if i should wait for deposits and it ain't gonna happen they want that back because it was full that is why i don't that's. what about life. meanwhile the new baby has been born it's a girl. the mother is still in the operating room. as well waiting for the doctor to finish up the operation the power goes off and that is part of the challenges of

practicing medicine in this country. oh my god. the doctors have to make do with what the half patients can only hope that they survive without any complications major as health sector is grossly underfunded private and public hospitals and not equipped to stand at and doctors out all salaries for months this is why many of them leaving the country. you study so hard to become a medical doctor you don't have time to shift i know. you see doctors jump in buses. i don't have a lot of booked a room have the house and most of the structure i know where 7 lives it seems and i generally go about because i'm ot can wish to.

give the doctors continue to leave nigeria as health care crises could get worse for now right he most remains grateful to the doctors that saved the lives of had daughter in law and granddaughter. now some of the other business stories making the news european investment bank has announced a 350000000 euro aid package for sustainable projects in africa and follows the e.u. africa green investment for his to buy portugal the ib says the cooperation will help to create jobs and reduce inequalities. j.p. morgan has apologized for its role in promoting the now abandoned plans for a super league involving elite european football clubs u.s. investment bank had promised to pump billions into the project which collapsed swiftly after a huge outcry from almost all corners of the game. and diamond made a net profit of 4400000000 euros in the 1st quarter of 2021 thanks in part to high

demand in china for the company has put thousands of its staff in germany on subsidized short time work after being hit by the semiconductor shortage. dimas microchip troubles didn't overshadow the positive figures coming from the messages maker on friday here's more on that from our financial correspondent in frankfurt ashutosh hyundai stronger adults and a boost to profit outlook meant that daimler was one of the best performing stocks in the dax today that today's performance adds to damn electrifying run at the stock markets the stock has risen 160 percent over the past one year making it one of the best performance on the index now investors are clearly happy about this company's performance as faces a concern especially in china its biggest market investors are also happy about its strategic push towards electric vehicle the company plans to spin off its truck division and focus more on high margin cars but the company want today that the

chip shortage would continue to weigh on its sears in the 2nd quarter however some analysts fear that this chip shortage would in fact give more pricing power to car makers like daimler because there is going to be a huge demand but at the same times they invent trees would be running low. in frankfurt now it took spain over a decade to recover from the fallout of the global financial crisis then along came the coronavirus pandemic which badly hit the country's crucial tourism sector however after a dreadful year there are signs of a brighter future along spain's sunny mediterranean coast along the costa del sol countless cranes are at work building houses and apartment complexes everywhere for developers it's a sight to behold. the construction sector at casa del sol in

particular has seen a significant boost for more than 3 years. cove it hit the industry in the beginning but normality has returned. over the last 5 years real estate prices on the coast around mar bheja increased by 28 percent real estate agent marco serrano knows that's partly due to international demand then came corona. currently i don't know of any property where prices have gone down but that also means that prices aren't rising that might not be surprising as beaches have been empty for months no tourists no buyers this complex was completed during the last crisis and stood empty for a long time and just as business picked up corona hit but look at that it was what we have right now is uncertainty through coded we didn't know how customers would react but we have indications that people are buying again. the industry as

a whole seems to share this optimism but for now it's wishful thinking spain's largest real estate appraiser tends an estimate after a period of stagnation prices will drop real estate has already gotten cheaper in madrid barcelona and also in under the sea where the casa del sol lies and demand for cement fell by 10 percent across spain another indicator of a weak market the reason. the virus has mainly effective the start of new projects we were more conscious in 2021 watching the market and postponing many projects for me and the more that i saw them falling prices and falling construction activity maybe it's just a dip but it could also be the end of a boom if so thousands of jobs will once again be at risk ali would season awards season like no other has been bad news for those who make

their living helping with the glamour and the glitz the oscars takes place this weekend and the decision not to make it online only will come as a relief to those hoping for a return of the usual hollywood tree and. the red carpet a symbol of hollywood glamour rolling it out is an event in itself. awards ceremonies all typically happen around the same time each year high season for tony and his event production company in good times they're all or $25.00 to $50.00 carpets every week. or season though sleep much. is. we walk nonstop are all the claw back to back event that was before the pandemic this year he estimates that his turnover has crashed by 80 percent he keeps his company afloat by building partitions and

scenery for video events. but it's not easy to simply turn your hand to something else the photographer alberto dri gets knows that well for years he works the red carpet as a photographer for a major studio but now struggles to find other work i've done this exclusive the almost 20 years so people were looking for other types of the time your food or your resume and look at it and i was yeah we do that grandmama for something our. award ceremony galahs have been a gold mine for many people in the l.a. region from service personnel to limousine drivers to security people. there was work and cash aplenty. into the billions of dollars when you collectively put together what it would cost and what you spent for security for trade a rig for lighting for publicists but this year many will be left empty handed. while this year's oscars will take place in person it will be

a long time before things are truly back to normal in hollywood. less so for me in the business team there and if you want more from us to check out our website data we don't call them slash business you can also seek us out on facebook and twitter or on their state of your business thanks for joining us and until next time check out. people in trucks injured when trying to flee the city center more and more refugees are being turned away for a. moment it seems. to be critical that we look at demonstrators. people extreme groups. killing 200 people. more than 300 people are seeking

a few. minutes to her. because no one should have to sleep. make up your own mind. w.'s. made for mines. this is the news coming up today in the desperate fight against 19. and the fountains losing their fight every day indios funeral services go into overdrive to cope with the devastating 2nd wave that stretched the country's felt infrastructure to breaking point. and finding a way out of the 1000000 mark prices. are set to meet in disney sure the weekend can be believed specked.