so i'm just wondering how much was ready get we still have time to go. i'm doing all this to subscribe. it's more like the a bad case of the nerves. investors are a g. about england. reopening the spread of the delta corona virus. variance shakes confidence in economic growth. they the infection surge in asia, europe and the u. s. stay cation the solar juice of covert, but local, say, stay away. let's take a look at how a rush on cornwall is pricing some home buyers and holiday makers out of the market . and german company shows how, investing millions of euros in your own rail head can pay off in more than one way

. a big facility. let's do business dubbing its freedom day in england. other parts of europe are also eating restrictions, and while there is widespread uncertainty on trading flaws, the mood on dan's force couldn't be different. the it's time to party again here in vienna's nightclubs. after a year and a half corona virus, measures are finally being eased. something plumbers in the austrian capital had long been waiting for the late fee. it's a crazy feeling. i just can't believe we're finally going out again after a year and a half is complete madness. i'm so happy i mean vaccinated vaccinated, all of us are tested, vaccinations are, have recovered. so no 2nd thought but the incidence rate is climbing rapidly again here. some of the new found freedoms are being scaled back

for safety sake. from now on anyone with a proof of vaccination, we'll have to show a negative p c r test for entry into venues instead of the rapid anti gen test. they'll be mistaken. we have rising infection numbers and declining vaccination number. we still have scope at this point to tighten the screws a little bit, not like an holland where they're already turning very big through the winter months. or i think this is a good time to do that. because of the in the netherlands infection rates rose dramatically after measures were eased among music festival, a new trade, a 1000 people were infected in just one night at the beginning of the month. the restrictions now being re introduced are much tougher than austria, especially for major events and the hospitality industry. in other countries, infection rates are also rising dramatically in the u. k. they shut up after the european cup, but instead of tightening up again, london is dropping nearly all remain in corona virus restrictions beginning monday

. then mass would only be required and public transport. and nowhere else were in a bit of a tricky situation. they still to calum pickering about that senior economist, the bathroom, beg bank in london, calum just how significant of these easing restrictions for economic development. well, most efficient had been eas anyway. what we're now having is the remaining restrictions on things like nice life. finally, b, e and the numbers that you can have in pubs and reference. you can go to a pub, barf, anything's in order to drink. but these wouldn't really training economic activity much. what we now have in this actually a test case. all the rest of the world, what happens when you have a high vaccination rate, but you ease restrictions when infection don't ride. and what happens when you have a surface, better, or a bed where a 1000 people suddenly catch covert in one night as, as an economist, how worry you about the risk of another wave building up?

well, we have another wave at the moment. we can only look at the data, an economy into what we see in the numbers and what we see rising, recorded public, the tax, but a much lower level of complication than increased ways off provide ations remain low deaths remain low enough compared to other ways. that's still rising a little what, where things really crossing fingers for is that the vaccines are success. we can start with something resembling normal without restriction. so far the day to looks promising, but it's still very early days. so i guess we can't really rest on our laurels a 100 percent yet. that's right. we face an incredible situation of uncertainty. no one really knows what around the corner. the hope is that we can ship from restrictions unlocked downs towards vaccines as the main protocol for managing the pandemic. and of course, this is a virus,

it's now with us forever. it will spread around. so what we need to pay attention to is the complications from the virus. and again, the data in the u. k, which is probably running fine, 6 weeks continental europe looks somewhat promising. and again, i say that was why we baited breath kellum pickering at back and back. thank. thank you very much. well, 2 days before easing travel restrictions on france, britain has back tracked, citing the bt variant. it's meant to be more resistant to vaccines and other strengths. the moves lead tourists and the travel industry in a pickle people arriving from france must sell fi light for 10 days on entering britain, even if fully vaccinated. last month, g 7, summit of the world's biggest advanced economies was good advertising, the hosts, cornwall, a remote peninsula in the south west tip of england. but the regions already expecting a huge boost in demand for stations this year, with popular beach resorts abroad shop to some tourists. oh, on a sunny day,

cornwall duty is dazzling. it's one of the best beach holiday slots in britain. this one is our local group of amateur swimmers. normally they can find an undisturbed spot to dive in every morning even in high season. but since the pandemic taking a holiday overseas has become risky, the swan is on the run from an influx of tourists, even the secret places reno in comb or you'll go and you still find it is even some of the camp site. so charging 8000 pounds for 2 weeks in a caravan. you think? you know, we would pay that, but people are because the desperate way it's people with money that are magically attracted to cornwall right now. this st. martha's home is as picturesque as ever, but the best coastal locations are now 2nd, homes or air be driving prices sky high, though there are some safeguards if a yield planet build it,

build us a building and a certain amount of property for sale to make a lot of money, a percentage of those sales has to be to local people at a local rate. real estate agent mark wilson says the acute housing shortage is caused by rich urbanites who set aside over 200000000000 euros during the pandemic. now they're investing in 2nd homes or even moving to cornwall, right? or from home make that adjustment possible. the cost year 29 percent of my old in state moves down from london or where my buyers. so that's about 3rd, as you know, my buyers, a lot of buyers from the home counties, the cash windfall from these urban big centers, making real estate agents happy. a 40 percent increase in one year. but many in

cornwall are hoping that the can demick wave will soon break, and that even more wealthy brits won't be tempted to move to this jewel by the sea . quick look at some other business stories making headlines. and tokyo court has sentenced form a us soldier, michael taylor for 2 years in prison, and his son to one year and 8 months for helping full compost. carlos don't see japan. gunn was safe in charge of the financial misconduct. he remained the fugitive in lebanon one time they came up about japan, toyota, a top corporate sponsor of the tokyo games, its pulling all of its olympics with latest t. v ads and senior toyota executives will not attend this week's opening ceremony . so they show the decision to go ahead with the games. despite the pandemic is deeply unpopular in japan was leading oil producers have agreed to continue to mostly boost output the opec plus group full time, full $100000.00 more barrels a day each month from august. help fuel

a global economic recovery it's bring in al correspondent at the frankfurt stock exchange. chelsea delayed e chelsea. the timing of this because global economic growth is showing signs of fatigue. well the global economy still does run on oil. so to a large degree, what is happening in the oil market is very much reflective of the broader global economy. and right now that's still a very mixed picture. so on the one hand you have economies like the united states here in europe, really starting to pick back, people are traveling again. people are taking flights. industry is starting to web back up that requires more oil. on the other hand, you still do have a lot of concern and questions over the corona, virus economies like india, indonesia have been hit really hard by that. so opec is really trying to find middle ground here. they're going to start boosting well production, but they're going quite slowly. and even by the end of the year, they are,

and the end of next year, they likely will still be producing millions of barrels per day. less than they had before the pandemic. you heard from chelsea, delaney at the franklin stock exchange for us. thank you very much. instead of clogging roads with gas guzzling trucks, some industrial companies are moving their consignments to rail. and they're investing millions of euros in their very own tracks. it's not just a greener option. it's also opening new business opportunities for the likes of german firm, so bothers these tank wagons arriving at the sullivan is dep, laden with methanol and ethanol, which the specialist chemicals supply cells on to pharmacy companies. but for now, this consignment is being stored in the company's main base. having a private railhead means they can be pumped straight from the wagons into solver is tanks. the siding was completed in 2020. the company wanted to cut back c o 2 emissions and make it logistics more flexible alongside it's truck terminal and the

ryan river harbor. this is also the thea distant ending rel connection. we're now also able to ensure products and more easily available to clients. and that regardless on the freeways of the ryan getting blog or prohibitively low water levels or whatever the hold up common mark, the government put up 50 percent of the millions of euros that went into the rail link. the subsidy is aimed at encouraging companies to move towards rail transport away from roads and trucks. these 4 tank wagons carry the same amount as 12 trucks . but road transport remains the politically favored method of industrial, transportation, and logistics. can be decent. we know all about the diesel subsidies that benefit the whole sector. what almost no one knows is that every newly constructed industrial site in germany automatically gets a free road connection. but if

a company wants a rail connection, it has to pay for the privilege. and that's a huge disadvantage for rails and you go seen good kids. that's one reason germany's national rail operated dodge bone is calling for all industrial parks to get a rail link. and it now is a pickup service to close the gap between companies and rail. it can hurt her eyes, they be cargo today. i can come to you as db cargo either with an electric truck or a transport leading. i can pick up the wagon ousley, you got, and i can take it to the nearest rail yard and put it onto the rails there. the concept is catching on and solver is knows it. other large and midsize companies are now also using its railhead. opening up an entirely new revenue stream, the company is convinced its investment will pay off handsomely. and

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