that's your news update for now stay tuned for business news with my colleague stephen beardsley will be taking a look at the strong almost of the euro in this week's pressing markets i'm tony marsh and thanks for watching. why are people forced to hide in trucks. there are many reasons. there are many answers. and there are many stories. make up your. double made for mines. the euro hits a 2 and a half year high against a basket of currencies investors are bullish on europe's recovery from the pandemic that has a strong euro but a strong euro rather has consequences for companies who bring you up to speed. also on the show major oil producing nations agreed to bowl back some of their production pandemic production cuts can they ride an oil recovery or are they acting too soon. and the german state helps small businesses survive the pandemic by helping them go online. welcome to the show. stephen beardsley in berlin good to have you with us the euro is poised to hit a 2 and a half year high against a handful of rival currencies this week it's the latest high point of a month long rall

steven beardsley from business is looking into the story for us hi stephen this definitely is not the 1st legal action that facebook is facing and yet at the same time it's being seen seen as very significant why is that what's different here well for sure facebook has face of course regulatory actions from the u.s. and from europe oftentimes for data security that was one of the biggest issues with the cambridge analytic scandal from recent years. it's never faced an antitrust lawsuit and this is serious as that piece mentioned this affects the wholeness of facebook release challenges the whole most of facebook analysts believe that whatsapp is worth about one 5th of the total market value of facebook it's really become a driver of growth now when you combine that with the network effects of what's app as well facebook is using all 3 of its platforms basically to talk to one another and to consolidate data that way and that makes all of its other future endeavors such as a crypto currency which is in the plans it makes that possible so to break that up is not only a problem financial

to discuss some of this economic impact news on us is stephen beardsley from business stephen. german business groups and economists have been warning for quite some time now about the effects of a 2nd general lockdown and that looks like it could very well happen how just how bad would that be for the german economy there right michael does the more apparent than ever that it's coming to me mr pitts all myers saying this morning that something has to be done businesses have been expecting this it's still going to be bad news especially for retail which has not been affected by the light lockdown as julie mentioned there this is a very important time of the year for them for their sales and while some of them may have been able to orient more towards online sales a lot of them are still heavily dependent on foot traffic this could be devastating for them now restaurants and hospitality industries they have been affected since november and what they get out of it they get another lockdown on top of one that hasn't worked before devastating for them for industry it's also not goo

blood welcome to the show m c beardsley in berlin. u.k. and the e.u. have settled a dispute over how trading can take place on the island of ireland issue was the focus of british led it legislation that would have breached parts of the brics divorce deal signed last year following talks with the e.u. u.k. will now remove the controversial clauses in its internal market bill the wider u.k. e.u. trade talks however remain stalled on issues including business competition rules known as a level playing field and the irish government says time is running out. the situation is very serious in terms of. where we are now it's this isn't the bow choreography as some people might think. there's a very serious issue and respective level playing field. that will be difficult to resolve and unfortunately we are facing the prospect of a military break that if something doesn't break out over the next day or 2. meanwhile on the other side of the atlantic another deal is coming down to the wire the white house has unveiled a $916000000000.00 stimulus proposal on tues

that's your news update for now stay tuned for business news with my colleague stephen beardsley he'll be taking a look at the strong almost like euro in this week's pressing markets i'm terry martin thanks watch. why are people forced to hide in trucks. and cuts. there are many reasons. and. there are many answers. and there are.

you're watching news from berlin and next up my colleague stephen beardsley will have all the latestbusiness news so stay tuned for that. in the far north. it's lonely.

welcome to the show i'm susan beardsley in berlin. a work has reportedly restarted on the controversial nord stream 2 gas pipeline in the baltic sea almost a year after u.s. sanctions brought the german russian project to a halt u.s. argues the pipeline is meant to isolate ukraine and divide the e.u. on saturday its ambassador to germany robin quintile repeated calls for germany to end the $1000000000.00 project. work is underway once again on the north stream 2 pipeline german authorities have given the go ahead for the russian ship academic cesky to lay another 2.6 kilometers of pipe by the end of the year but that is nowhere near enough to complete the project a total of 160 kilometers still have to be laid. only then with the underwater pipeline be ready allowing russian state owned company gazprom to deliver siberian gas directly. to germany. for that the u.s. has been watching developments with alarm late last week american lawmakers added measures against the baltic sea pipeline to the annual defense budget these provide for ti

i'm stephen beardsley in berlin. well, derna has become the 1st company to submit its coded 1000 vaccine for approval in the e.u. that would put it on track to start distribution in december. trial data from the american company suggest the vaccine is 94 percent effective, with no serious safety concerns, giving it a high chance of securing the go ahead. well, there is also seeking emergency approval in the us the 2nd vaccine maker to do so, following the biotech pfizer partnership and the vaccine candidates have been bold and investors helping boost the dow jones to its best november since 1987. and for more, let's bring in conrad boozer, a financial correspondent in frankfurt. good morning, conrad. we talk about the boost for investors there. have they already, however, factored in. moderne and what it's doing right now, given that some of this has already been spoken of and talked about before. well, they have not factored it in the term in terms of the share price of modern or itself. it got another major boost o

you know watching data 1000000 years did any business with steven beardsley is up after a short break time forget you can always stay up to date on our web site that's dot com i'll be back with more news headlines at the top of the hour thanks for watching.

more integrated europe into reality you're watching david he needs to do any business with stephen beardsley is up after a short break time forget you can always stay up to date on our website that's com i'll be back with more news headlines at the top of the hour thanks for watching. news coming to. us against corruption violence. despite coming from a poor family loves to become president. challenges a. credible story. starts december 10th on t.w. . food. a big moment for a small biotech firm in germany and the world vaccine developed by buying tech now approved by the u.k. marks a technological breakthrough and could be revolution for the entire pharmaceuticals industry we'll talk to our financial correspondent. also on the show distributing that vaccine will be a big challenge we'll look at how germany's flag carrier is gearing up to fly around the world. and the vaccine can't come soon enough for the world's poorest countries they've been hit especially hard by the global slowdown. welcome to the show i'm stephen beard and. lead investors around the world welcomed the u.k.'s approval of

welcome to the show i'm stephen beardsley. and the e.u. is racing to find a solution after member countries cut connections to the u.k. on monday following the discovery of 2 new coronavirus variants there and the move has severed supply chains and left shippers and travelers and limbo. more than 10000 trucks have been stuck in a traffic jam near the port of dover since france close its border on sunday the line is getting longer by the hour on both sides of the channel truck drivers are getting desperate is. it's a big problem a catastrophe for truck drivers it's a catastrophe every day for safety we have family in germany it's it's christmas in 2 days we want to go back we want to go all. the initial french border closure will be in effect for a total of 48 hours british supermarkets warned that if the closure is extended it could lead to food shortages british prime minister boris johnson attempted to ease concerns and address to the british public i've just spoken to president on macro we have a very good call and we both understand ea

dot com slash business to check us out on facebook and twitter i'm stephen beardsley thanks for watching. i'm really reluctant with him on those questions. they are defining climate change. in bangladesh have water up to there now. they're growing in. with. it's been a regional tradition but is telling it as a model for the entire country. 3000 . next. what secrets lie behind. discover new adventures in the 360 go on. to explore fascinating world heritage sites of cool world heritage 3 sixty's. now. i. welcome to global street thousands. underwater bangladesh's farm as the having to adapt to climate change. sustainable lifestyle farming can new methods.

claim credible you're watching news coming up next is date of any business with my colleague stephen beardsley well have more headlines for you at the top of the hour i'm rebecca. thanks very much for watching. popstars rails against corruption that's. despite coming from your family to become.

book welcome to the show i'm stephen beardsley in berlin well with britain and the e.u. still wrangling over trade terms the prospect of a damaging no deal brags it is getting ever closer and the 2 sides need to come to an agreement before january the 1st otherwise from that day onward tariffs will have to be paid on goods entering the u.k. from the e.u. and the other way around so what's at stake the world trade organization puts the figure at 3 point one percent for customs tariffs from the e.u. to the u.k. from the u.k. to the e.u. 3.3 percent and that's not all certain types of products could have much higher duties beginning next year cars and agricultural goods could be as high as 13 percent on milk as much as 36 percent and with the economies on both sides of the channel suffering already to the coronavirus crisis neither one spreads it to happen without a deal. now for more on this i'm joined by the hartman she's managing director of the british chamber of commerce in germany welcome to the show it's good to have you is it fair to say that businesses on both side

you're watching the news from berlin the next up my colleague stephen beardsley will have all the latest business news so stay tuned for that. in the far north. it's lonely. and breathtakingly beautiful. the arctic you can. take a journey around the north pole profiteers and talk with people experiencing a changing environment through the ice disappears earlier and it keeps retreating our future depends on what happens here. northern lights within the arctic circle starts december 21st t.w. . europe rushes to keep the money flowing as the continent grapples with yet more lockdowns leaders meet to discuss how to cushion the blow we'll talk to an expert. on the show the us suze facebook using a social media giant of abusing its dominance to snuff out competition to break up of the tech giant be in the making. and you'd never guess that air b.n. b. was one of the companies hardest hit by the pandemic is getting ready for the biggest i.p.o. of the year. book welcome to the show i'm stephen beard in berlin europe's 2nd round of lockdowns is set to hit public budgets companies and workers hard

global comes the show i'm seeing beardsley in berlin well it's finally happening 4 and a half years after its briggs brags that referendum rather britain is set to walk away from the world's largest trading block at midnight friday brussels time it's been a messy divorce selling the british pound into turmoil and forcing businesses on both sides of the channel to seek cover and we'll have more on that in just a moment but 1st here's a look at what the separation means for both sides. in a comprehensive deal the hardest battles were fought over fishing for britain complete serenity over the national waters was key and had become symbolic for the entire brics it movement eventually london had to make some concessions still over 5 years european fishermen giving up just a quarter of their previous call it tough if london cuts their access any more than that brussels can respond with terrorists. generally speaking trade across the channel will be a lot more complicated after the break exit from the e.u. will be more paperwork. other important factors in the final agreement both sides continue

well let's talk about the economic impact of all of this with stephen beardsley from business with us here in studio hi stephen you know german business groups economists they are warning about the effect that a 2nd tough lockdown would have on the economy how bad would it look well as we know it's true that german businesses are bracing for the 2nd lock down even before today it was clear that something was coming but now there's we've heard economy minister pitcher myers say something has to be done for retail it could be very bad as we know christmas is a very important time of the year for sales and many stores rely on foot traffic and that could be taken away right now we're hearing from large retail industry groups saying there should not be a generic lockdown across germany because different sectors are hits or different areas that you say are hit differently and they're saying that it could be as bad as $1000000000.00 euros per day for the entire sector if everything is closed down and so that's significant a significant amount that's also it's significant pressure that comes

i'm stephen beardsley in berlin. the global economy is moving toward recovery from the pandemic, but an uneven one. and that's the conclusion of a new report from the organization for economic cooperation and developments. a number of factors are making the difference, and they include vaccine development, better treatments for covert patients. and an unprecedented level of government and central bank actions to stabilize markets, of course, challenges remain among them a better labor market and difficult bottom lines for corporations and businesses around the world. still, the o.e.c.d. believes that the worst has been avoided and that economies will revive with growing pace. economists, they're predicting global output will reach prepared to make levels by the end of 2021, which rising by over 4 percent of the u.s. and europe will likely see a similar expansion in china. and india, meanwhile, are likely to grow even faster pace in the next 2 years. meanwhile, south africa is likely to see a slower expansion, but wit

steven beardsley from business is looking into this story for us hi stephen this definitely is not the 1st legal action that facebook is facing and yet at the same time it's being see it seen as very significant why is that what's different here or for sure facebook has face of course regulatory actions from the u.s. and from europe oftentimes for data security that was one of the biggest issues with the cambridge analytic scandal from recent years. it's never face antitrust lawsuit and this is serious as that piece mentioned this affects the wholeness of facebook release challenges the whole most of facebook analysts believe that whatsapp is worth about one 5th of the total market value of facebook it's really become a driver of growth now when you combine that with the network effects of what's app as well facebook is using all 3 of its platforms basically to talk to one another and to consolidate data that way and that makes all of its other future endeavors such as a crypto currency which is in the plans it makes that possible so to break that up is not only a problem financially f

alone welcome to the show i'm stephen beardsley in berlin and germany has extended its partial lockdown until january 10th dealing more bad news to restaurants bars and clubs the not unexpected the decision means more anticipation for a vaccine approval and hopes there are rising following the u.k.'s approval of a vaccine made by a german firm biotech and partnership with the us jug drug giant pfizer that's a breakthrough that could not only rescue economies but revolutionize the pharmaceuticals industry for years to come. it's not much to look at from the outside but what's inside is revolutionary by on tech says it m.r. any technology can eat the development of entirely new types of vaccines the 1st set their sights on cancer but then came the coronavirus and they found themselves with a head start where they certainly a historic moment for us. to actually bring a product from concept together with our partners to. to being able to distribute a real product to. a country that's really historic. research is expensive but luckily for buy on tech founders an unusually large amount of ven

walking the show i'm sitting beardsley in berlin it's good to have you with us u.s. regulators and top prosecutors in 46 states have joined together to file separate antitrust lawsuits against facebook they allege the company used its dominant position to crush or buy smaller competitors a significantly the suit would divest the company of its major acquisitions instagram and whatsapp the legal action follows a similar suit against google and comes amid growing bipartisan calls in the u.s. for more oversight of big tech firms. facebook's growing dominant has long been a phone in the side of the u.s. government. now citing breaches of antitrust law washington wants the company to be forced to sell off instagram and whatsapp by using its vast troves of data and money. facebook has squashed or hindered what the company perceived as potential threats. reduce choices for consumers they stifled innovation and they degraded privacy protections for millions of americans. facebook a quiet photo sharing platform instagram in 2012 and put just messaging service whatsapp in 2014

welcome to the show i'm stephen beardsley in berlin in the u.k. says it's working with france to end the border closure that stops all traffic on the island stranding travelers and severing one of europe's most important trade routes of france and not to the bad monday in the rising concern over new variants of the coronavirus in the u.k. for truckers in particular the border closure has only added to their burden more than 10000 trucks have been stuck in a traffic jam near the port of dover since france close its border on sunday the line is growing longer by the hour on both sides of the channel truck drivers are getting desperate as you also it's a big problem a catastrophe for truck drivers it's a catastrophe never. for safety we have family in germany it's it's christmas in 2 days we want to go back we want to go. the initial french border shut down will be in effect for a total of 48 hours british supermarkets warn that if it's extended the closure could lead to food shortages which is why long lines are forming outside the shops the british

long welcome to the show i'm stephen beardsley in berlin good to have you with us a progress in vaccine development is lifting spirits as lockdowns continue around much of the world but recent days have shown that vaccine distribution could be a weak spot take a look pfizer has revealed that it initially overestimated its supply chain forcing it to cut delivery projection several weeks ago instead of 100000000 doses for 2020 it now expects to deliver 50000000 another concern for distribution is security i.b.m. saying that hackers have targeted organizations working to improve vaccine cold storage in supply chains in suspects state actors may be trying to steal trade secrets or disrupt distribution of finally vaccine financing is a growing concern with international aid not yet meeting the amount needed to help poor countries here's u.n. secretary general antonio terrorists at a special covert 1900 some of the new york. u.s. dollars including $4300000000.00 urgently needed for the next 2 months. i think those who have contributed and own to show your skills or it into a new tears there w

welcome to the show i'm stephen beardsley in berlin it's good to have you with us the u.k. is the 1st western country to approve a kopek 1000 vaccine for general use london announcing the. wednesday was ready to roll out a vaccine developed by germany's biotech in cooperation with u.s. pharma giant pfizer and britain will begin vaccinations next week with other countries likely not far behind the u.s. in the e.u. are also betting the biotech pfizer shot along with a similar vaccine made by u.s. competitor moderna pfizer calls the beginning of the vaccination a historic moment and says it can immediately begin shipping limited supplies of the virus. the u.s. president elect joe biden says he has said that he will not immediately seek to scrap the current phase one trade deal with china which was struck by current president donald trump now the comments which he made to the new york times or the latest a tip biden's economic plans on tuesday he unveiled the the team of economic advisors and cabinet picks his pick for treasury secretary janet yellen would be the 1st woman to h

by coming up next you business even beardsley's looking at the latest on the controversial north's train to gas pipeline project. the body give us your country eat all will make you rich measures days to make the bottom where the cost of going to fell so that investors make big promises but years later reality looks very different from the bush drinking water shortage because the big oil thomas is. 45 minutes on d w. good news crime fighter are back africa's most successful radio drama series continue. this season the stories focus on hate speech prevention and sustainable charcoal production. all of the sos are available online and of course you can share and discuss on africa's facebook page and other social media platforms. crime fighters tune in now. can you let me know yes yes we can hear you and how it all stands gentlemen songs that we're going to bring you i'm going to mask off as you've never touched have before surprise yourself with what is possible to this magical freely what moves and. who took the people who follow along the way admirers and critics alike how is the world's

welcome to the show i'm stephen beardsley and berlin britain and the e.u. are still wrangling over trade terms bringing the prospect of a damaging no deal brags that ever closer to both sides stood by their positions on tuesday after recent talks failed to yield progress u.k. prime minister boris johnson now says that he's going to brussels on wednesday and the 2 sides need to come to an agreement before january 1st otherwise from that day on work tariffs will have to be paid in goods entering the u.k. from the e.u. and the other way around so what's at stake for the world trade organization puts the figure at 3 point one percent for customs tariffs for goods from the e.u. to the u.k. and 3.3 percent for goods heading the other way and that's not all certain types of products could even have much higher duty much higher duties rather come the new year cars and agriculture could see tariffs as high as 13 percent while products like milk could even see something as whopping as 36 percent and with the economies on both sides of the channel suffering to the cor

coming up next with the long lines of trucks in dover mean for supply chains and logistics steven beardsleyhas d.w. business. really. pick up. to. the last minute christmas champion reclaiming the be. christmas gift because a bad. storm suffered a major blow. to the back . in 60 minutes w. . why did this person. above there are subject. to the be the result mosque that can be done playing. the big make up your. double. tarrytown. to. the sun for monarch. fantasy. to see. the secrets because it starts december 25th. the. supply chain severed travel routes suspended markets fall in the u.k. sudden isolation following the discovery of a new coronavirus variants can london and the e.u. work out a coordinated response. also in the show we'll talk to the c.e.o. of german vaccine developer biotech about that variance and whether it's vaccine just approved in the e.u. can protect against it. and the e.u. and china say they're closing in on a landmark investment deal we'll see.

coming up next on d w business and stephen beardsley looks at the economic fallout from the growing ofours here in germany thank you for watching. true the point shawn opinion is clear positions international perspectives. following terrorist attacks this fall french president jacques rogge wants to crack down on radical islamists will they succeed in stopping the cycle of violence or further divide the country played out on to the point. to the point. of the film 60 minutes on t w. people knocking for an economy. there are many answers. there are many reasons. and there are many alternatives to. make up your own mind the book. made for minds. is for me. is for you to. be truthful as for help. beethoven. beethoven is for the. beethoven is for us. is for ribs beethoven 202250th anniversary here on deal here. new coronavirus cases soar in germany raising the likelihood of a wider more serious lockdowns across the nation with major consequences for businesses and employers look at what it might mean for europe's largest economy. also on the show as breaks the trade talks go on without agr

what would stricter lockdown measures mean for the german economy new business with stephen beardsley is up next stay tuned. ok let's talk about drugs. is a huge business worldwide. we made one of the 1st legal cannabis farmers in china and pioneers in growing medical marijuana in denmark plus we want to find out is the east cigarette hype a lot of hot air. maybe. because 60 minutes d.w.m. . why did this person. there are many answers. the best there is a mosque that can be done playing . make up your own mind playing doubles. in the far north. it's lonely. and breathtakingly beautiful. the arctic the but let me take a journey around the north pole meet profiteers and talk with people experiencing a changing environment through the ice disappears earlier and it keeps retreating our future depends upon what happens. you. know if the white lies within the arctic circle starts december 21st g.w. . time is running out to get a break the trade deal both sides say that days are less secure an agreement but that they remain far apart now the u.k. has wrapped up a disagreement over trade in n

coming up next on new business stephen beardsley will be looking at a landmark lawsuit facing facebookn the us will the company be forced to break up that's coming right up. journalists want to make good on the side but. just. brutal crimes are commonplace in the west balkan countries. drug lords a biased legal system and corrupt politicians are responsible from the move the new government trying to surround. us and boost. them 60 minutes to. where the real trial it resides. i come from there are lots of people in fact more than a 1000000000 years of blood nonsense democracy to me that's one reason why i'm passionate about people and aspirations and they can send. the money to finishing the book is fried chicken blood and after the for the fun $1.00 and i remember thinking at the time feast of blood in broken foot what happens if people come together and unite for a call. but i do the news i often confronted difficult situations for conflicts being discussed out i see despite my job to confront good speeches on qana scenes and development to put the spotlight on issues that matter most

that's it for me the news team for now up next to business with stephen beardsley looking at the latest in the controversial stream to gas pipeline project has been sort. darks but only mean one. concern for the planet can also be felt in the financial market share holders want one of those with dana point but how does that work do green investments pay off for the environment the sustainability financial chat revealed some surprising results. 3000. and 60 minutes on t w. how does a virus spread. why do we panic and when will all of this and trying to just 3 of the top accident cover and how we couldn't read your show is called spectrum if you like and new information on the crown of virus or any other science topic you should really check out our podcast so you can get. wherever you get your podcast you can also find us at. corinth slash science. what's the secret behind this classic. music the sound. as soon as you hear beethoven lose your mind. or the story behind the music. for the ages reduced. beethoven's 9th symphony for the world starts to simmer down on t.w. . work resumes on t