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A collapsing currency and u. S. Sanctions getting their hands on foreign money has become difficult and apple can help. Its good to have you with us. The e. U. Samer of commerce in china is warning businesses to get ready for much more disruption thanks to the new coronavirus the cove in 1000 outbreak has forced a lot of companies in china to throttle back production or halted completely and thats having Massive International knock on effect supply chains are being disrupted by production shutdowns and transport stoppages. Earlier i spoke to our correspondent so sun hand in taipei and i asked him what exactly the situation was like a big portion of chinas Migrant Workers they have the workforce its still in limbo because according to the ministry of transport only last then one 3rd of chinas Migrant Workers have returned to their job post and if we compare the Traffic Volume its about 20 percent of the volume year earlier so now the Chinese Government is trying to get people to do home offices but many affect terrain and Service Sectors they just dont have the luxury of working from home so thats why are now more and more local authorities they come up with like transportation or stuff that they transport for them in order to get these workers to come back to their work post as possible and so if the e. U. Chamber of commerce in china now is essentially saying theres much more trouble ahead what does that mean for these businesses already facing difficulty. Well it means more job losses and leave without pay because nobody knows how long this situation will last and it goes very closely with the people of the outbreak and the Chinese Governments senior medical advice that said that this outbreak is hitting a peak this month and will probably end by april april is the key month for many Small Business to survival because their cash flows are really tight right now if the government cannot control that it seems by april and more and more business would have to move their production line outside of china to places like taiwan south korea and japan and by then we probably will see the world moving into a completely new paradigm. Correspondents old cyan in taipei so thank you very much tesla has been stopped in its tracks the electric Car Companies plans to build a huge gigafactory near berlin caused a sensation late last year but it has turned into a winter of discontent for the companys founder iran musk as and vironment of protests have forced tesla to stop all work at the site will go live to a reporter in just a moment 1st this report. 20 lawn musk came to germany last november to pick up the Golden Steering Wheel Award for the tesla model 3 he came armed with a bombshell for his audience weve decided to put it as that your factory europe in the berlin area the presenter wasnt the only one gasping with shock. Tell us this was big news not least for the citizens of grew the sleepy brandenburg village where tesla plans to build its huge factory that could make up to 500000 to electric cars a year many locals were delighted by the prospect of such a Large Company and potentially big jobs coming to their doorstep holders much less so initial enthusiasm turned to discord as protests about teslas arrival grew louder locals complained that white life would be affected and that the plant would affect Water Conservation and supply in the area. But what has stopped tesla literally in its tracks is the trees tesla is chairing a forest to build its factory but at the weekend a state court ruled it stop all work at the site until further notice acting on a complaint by the Brandenburg Green League a local Environmental Group. Many german politicians business groups and most come south are heavily critical of this decision to say that this commercial Pinewood Plantation should not be a battleground the protesters disagree. Thats cross over now to ferguson who has traveled to the site outside berlin where the tesla factory is supposed to be built good to see you there kate how is it that a small Environmental Group cant stop a huge profit project like this and it struck. Well chris 1st of all what you can see behind me is the frontlines in a battle between those who want to get this factory up and running as soon as possible and those who will do anything in their power to stop it now youd be forgiven for being a bit confused about what exactly is going on here as you mention tess that really got the green light for this project at the end of last year and that decision was meant was it was met with jubilation whats happened now is that a branch of the berg based Environmental Group is a leader and an organization in bavaria have launched a complaint a complaint against the fact that tesla began felling trees before the period during which citizens are allowed to voice their objections to this project ended that period ends on march the 5th and the reason this is such a big issue for tesla is because in germany nesting season begins 5 days earlier on march the 1st and it is against the law in germany to cut 10 forests between the beginning of march and the end of september when nesting season ends now for tesla this is a huge deal because it wants to open this factory by next summer it wants 500000 cars to be rolling off with auction lines by then if it has to wait for a nesting season to end it wont manage to reach that target so the implications here are huge just to remind you of whats at stake here some 12000 jobs those 500000 model y. In model 3 electric vehicles and of course germanys back to taishan as a place to do business. In the reactions to these of development. Well from the world of politics and business its been a fury and frustration none none more so than from economy minister peter and when you look at the background to this you can really understand why germanys economy is slowing down and its facing increasing competition from the likes of china where it has already has a factory of this kind and of course the country comes under a lot of fire for turning investors away for having too much red tape so when finally a company like tesco one of the most Innovative Companies in the world comes along it finds its progress or said in the early stages of this project and interestingly the response has been pretty unanimous on the political front even the green party has come out strongly in favor of tesla in this case one of its senior figures all over. The leader of the Parliamentary Group hes called the idea of surge of making the pine forest behind me the battleground here and briefly clear coating has been temporarily halted when can we expect a final ruling we dont know exactly chris a ruling is expected for the end of this week but it will certainly have to come before nesting season begins march 1st Kate Ferguson reporting from greene hi there were 5 ration for a chance the factory have been stopped thank you. And now to some other Business News from around the world boeing says foreign objects have been found in the fuel tanks of 737 max jets the troubled airliner has been grounded for almost a here after 2 crashes thought to be caused by its 5 control software killed almost 350 people germanys dodge telecom reza reported a record profit of 3900000000 euros for last year it was fueled by solid growth in the United States where Subsidiary Team usa gained millions of new customers in court there recently approved its takeover of rival sprint. Is to iran now and the countrys currency the reality has been plummeting and iranians have trouble getting their hands on hard currency because u. S. Sanctions have cut the country off from Financial Markets that makes life particularly difficult for those who want or need to travel or study abroad some see crypto currencies as a tool to help solve the problem and iranian startup is providing a tailor made app. For exchanging currency on the black market on tehrans streets the most to rein ins its the only way to obtain dollars or euros at the moment United States sanctions have completely isolated the country from International Financial systems many of forced to accept the cutthroat rates imposed on the black market Business People who want to travel to europe for instance or young people studying abroad who cant pay their bills their withering in rio. Studying in france face the same problem to listen to your old discover to know while visiting back home in tehran that allows users to transfer their reality into western countries via the bitcoin platform yeah i do odd alternatives the only solution left for me is to go back home and take money with me and be among the fast chain was developed by a tehran startup. The young entrepreneurs behind it operates an Online Platform which uses bitcoin to transfer small amounts in euros dollars or swiss francs the founders say they can handle any amount up to 4000. 00 euros and it works the other way around as well if someone wants to pay for a new rainy and hotel room from europe for instance. When tourists come to iran they can use our software and simply pay with their visa card. And we convert the currency. And the recipient like a hotel gets the money in iranian reales from us. You can also use the platform for other ecommerce operations. It could also be interesting free rein in companies wanting to buy goods in the west or europeans who want to do business in iran but using crypto currencies is not easy dark mufon bone stein head of germanys Tehran Chamber of commerce says Foreign Companies especially have to follow the laws and regulations down to the last letter. In this country its never clear whats been approved such as how corrupt a currency is can be used for Medium Sized Enterprises it can indeed offer a president if i to be honest i hope we can get rid of the sentence before we are forced to fall back on corrupt a current. Of the could have to be added to the definition change found m. I parno and his team see all sorts of uses for their portal but the hopes for growth are riding on the 20000. 00 or so iranian students studying abroad students like. You spread by word of mouth and transfer as much as 10000 euros a year with foss chain. And that wraps up our show if you want more you can always go to our website thats the w dot com or follow us. On twitter or facebook im chris cuomo thanks for watching have yourself a successful. They were forced into a nameless mass. Of. Their bodies near. The history of the slave trade is africas history. To submarines for our french profit plummeted an entire continent into chaos and violence and. This is the journey back into the history of slavery the thing that will truly be making progress when we all accept the history of slavery as all of our history. Our documentary series slavery routes starts march 9th on d w. A low and well. To arts and culture when we think of classical greek and roman sculptures we usually see them in white marble but thats not how they were meant to look to german archaeologists husband and wife team have recreated these figures as they appeared thousands of years ago that story coming out and a vegetarian chef with a michelin star takes us into his kitchen and out and so the garden to explain his Sustainable Food losses. But 1st filmmakers and stars are descending on the german capital for the 70th Berlin International Film Festival today its one of the biggest Film Festivals in the world but 7 decades ago the festival was a lot smaller the bally nala as its also called was actually started by the u. S. Military and what was then occupied postwar germany a new Photo Exhibition shows us berlins changing glamour through the years. Gary cooper. And jane fonda since 951. 00 movie stars have enjoyed coming to the International Film festival. And fans love the chance to get up close to stars like George Clooney and leonard it kept. The exhibition in a book features highlights from more than 6 decades in pictures taken by official

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