pandemic. the latest figures show infections doubling in 24 hours. it's a big come back for disney. chelsea has all the details on business after the break, so stay tuned for bad will have much more for you soon. check out you w dot com and us on social media at the w news. i'm lane blue cross, thanks very much. and the battle against cove it the only coin variant is putting healthcare systems around the world to the test. vaccination campaigns are accelerating while restrictions are intensifying once again. but are these measures enough to stop the spread of omicron, fax data and reports? you know weekly coping 19 special? every thursday on d w. ah,

what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage sites with d. w. world heritage. 3. 60. get the out now. ah, disney gets its magic back. walt disney smashes expectations for new streaming subscriber growth and its latest quarter. that will that be enough, and the intensifying streaming for or it will go to new york for analysis. also coming up lithuanian economy is taking a hit after china announced a boycott at the baltic nations. good european companies say they're getting caught in the middle to and will take you to left paula, where locals are hoping to find a silver lining to last years devastating and echo option. i'm chelsea delaney.

welcome to the show. walt. disney co said it had added nearly 12000000 new streaming subscribers and the final 3 months of last year. that's far above the 7000000 subscribers. analysts had been expecting, disney plus has quickly become a force in the world of content streaming since launching 2 years ago. but initial search and subscribers during the pandemic has cooled. disney stream strong results, contrast with those from industry lead, netflix, which spark concerns about the future of the industry last month with a dismal 1st quarter forecast. now for more in this i'm joined by our correspondent and waltz on wall street, jens corta. so again, there had been a lot of angst. a lot of anxiety coming into these results from disney. has the narrative changed? is all good with, with disney now?

well i mean in there since the last them earnings report to the stock is down by about to 15 percent and to for the last 12 months actually 25 percent. so one of the issues for disney was that in pen demik time. so it was pretty difficult to produce new shells and filled meaning less content. and therefore at the last earnings reports, disney actually disappointed when it comes to subscribers for disney plus. so that says obviously change to the numbers a very strong and also the theme park business. it's getting much better. so it looks like the, at least if i look at the initial, after our reaction here on wall street that we see quite a pop in the stock price for what disney. so this is a bit different from what we saw from netflix last month, really catastrophic slide. and that stock about 20 percent after they said there with our subscriber growth is going to be much lower than,

than analysts had been expecting. what do you make of this and what this tells us these 2 different reports about the future of the streaming industry? yeah, overall, i would not say that people are getting tired of streaming even if the economy around the globe keeps opening up. but there's just so much competition out there. so you have disney plus, you have amazon prime, you have netflix, you have a huge, huge, for instance, i looked it up. so you tube has about 5000000000 movie. it's shown of people watch $5000000.00 movies or shows or whatever on youtube each single day. so that has become a big force. and then what we've also heard was all this competition with all those offers that are out there. and some people actually wait for a certain movie or show, so they subscribe to that service at 115 the show they subscribe. so that's obvious

. the also seems to be a trend that some of those streaming services have to deal with. and course in new york, thanks so much now to some of the other global business stories making news. toyota has logged in on the 7000000000 dollar net profit for its past order that despite a global chip shortage, that has what production cuts for the japanese japanese auto giant. it's led toyota to lower its production goals for the full year. well, as profit forecasts remains unchanged, cell phone replacement cycles are getting longer. according to a study european users hold onto a smart phone for 40 month, on average for us users, it's 24 months. that's more than 25 percent longer than they used to. because of growing sustainability concerns, and the trend is that's a fake and tim cost, phone makers, billions and revenue. now australia says it's standing by lithuania and met a dispute with china. the both the country has been slapped with sanctions by china,

including a boycott of its products, all because it allowed taiwan to set up a representative office there. now both lithuania and australia are calling on the world trade organization to intervene the lithuanian foreign minister and met with his australian counterpart on tuesday. so countries want to strengthen their ties and take to an action against china's trade blockade. and andrew and amid these developments, lithuania has urged countries to resist what it calls chinese coersion. shares with the, with the way any and foreign minister had to say both russia and china currently ask act as disrupters of the global rules they florida. so basically it's not, it's not regional. it's not just in the pacific regional issues or european regional issues is some of the global players that are acting destructively. and we have to ass act counter disruptive lee. or here in germany,

the economy ministry is raising the alarm about natural gas stocks in the country of stairs rise about a possible invasion of ukraine by russia. gas reserves in the country are down to near 35 percent. that's below the critical level that the government, the government says, is necessary to withstand potential extreme cold, not compare that to 2020. when analysts say stocks never dipped below 71 percent. meanwhile, japan is trying to help by sending some liquefied natural gas to europe after both the us and the you request. additional supplies relations are frosty, between, with the waiting and china all because the both country and taiwan are forging closer economic ties. taiwan as a self hold island, which nevertheless, beijing claims as its own. now china is boycotting lithuania as goods. a blow for businesses. this lithuanian liquor isn't allowed in china. $60000.00 bottles we're

headed there, but we're then diverted to taiwan. yet this drink is very popular. in lithuania, it's inexpensive them and we're proud of it because it's made here. it's there, but it was pain. american relations are frosty. between with the waning and china and there's much more at stake than alcoholic beverages. china is boycotting all goods from the small country. the crisis was triggered by the opening of an official taiwanese representatives office in the lithuanian capital vilnius. eric wong is taiwan, is representative in lithuania and understands how tricky the situation is for his host country. chinese 3rd party of which is responsible for this. i think china should um, find a solution. they should step back. they should not do this any more. and at the same time, we understand that china will continue to bully towers,

friend. so taiwan is willing to provide or what whatever assistance week we could over. as recently as the summer containers were rolling from lithuania to china via the new soap road route. in the meantime, china white lithuania from its customs database. the result, the loading terminal in lithuania is at a standstill with the waning politicians, blaine, china g r. c is trying to build a sino centric world, ignore the international world order, and instead of supporting fee market build a system where our busiest political will is dictating where businesses should go and what they should do. the lithuanian economy is suffering from the boycott. german and french companies are also caught in the middle. china insists on blocking all goods made. in lithuania,

german business representatives in the baltic states are counting on a solution through the world trade organization. class of all clear china is violating w t o rules here. the e u internal market is also affected as to because of our close economic ties then, which is why brussels has now actively intervened. this was earned on active in concerts and in the interest of our company, often we hope the situation will ease up soon. thus, this laga national and fund taiwan also wants to play it's part to ease the burden . it wants to fund investment projects in lithuania, to the tune of 1200000000 euros. the spanish island will appall now was devastated last year by a volcanic eruption that destroyed the homes and livelihoods of thousands of islanders. but it may also prove a lifeline for one of spain's poorest areas as investments and even tourists return . it's an eerie and compelling sight solidified walls of lava.

70 meters. high gases still seeping from the crater. it's also attracting tourists to la, paloma, keen to see for themselves the aftermath of interruption that lasted $85.00 days. maybe continued fossil alonzo names get holidays runs an 11 hour trip around the volcano for tourist, from the nearby island of 10, a refi at a $125.00 euros per adult. and his island business is booming or so well worse out for the local people, but the soft for the tourist. ok. because they seem new really, really close. these were can and i and you see the lab i and rest and her maybe maybe out. okay. as ah, is good for the local people to ah, start with a new opportunity to on the tours. tourism authorities are investing heavily promoting the palmer, one of the less visited of the canary islands to help rebuild the economy. but they

need to be sensitive to the needs of locals, whose houses and livelihoods were swallowed up by the lava flow. tourist gulping at the destruction could be salt on their wounds. holiday villas covered in lava, ash filled swimming pools. it's been a double blow. the volcano erupted as the island was still reeling from the impact of the pandemic. thank you. yeah. well, god, a. so i should to remind you to cove it in the volcano. i think the german retired to reserve freight to come yellow. any. but younger tourists will arrive and they'll keep coming back home and get in about a year. we need tours or fatal to la palmer because they fall in love with this thought again on laura. the challenge now of the people of la palmer is to create an opportunity out of a disaster. they hope that the you are of these surreal landscapes left behind by the volcanoes. destruction will ultimately help them rebuild their lives. and

that's all from me and the business team here in berlin. for more from us, check out our website, d, w dot com slash business for also the deed, every news youtube channel, and also on facebook until next time, take care into the conflict zone with sebastian 6 months since the color band fees power and the killings another human rights abuses. i've gone on multiplying. my guess is week from cowboys shop. you live um taliban director general of the pharmacy. they really believe they can play nice with al qaeda and the west at the same time everybody coleman claim conflict zone on d w. the shady, world of sheep clothing,

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on ne date that i can artificial intelligence, combat loneliness. and later i love stories from the future starts february 14th on d, w. 6 months since the taliban sees power and the killings another human rights abuses have gone on multiplying. women have been a major target that peaceful protest broken up. some have been threatened, beaten, and disappeared. but alabama promised an inclusive government, but not a single woman was appointed to the cabinet. my guest is weak from cobble is shopping, you will as um, taliban director general of economic relations, of the foreign ministry. are you in the taliban, capable of anything more constructive than violence and repression? we are wor.