A business. Global stocks have continued their freefall as the number of coronavirus cases surpasses 100000 the spread is threatening economies around the world and forcing governments and Central Banks to step in with economic stimulus heres a recap of whats been a turbulent 2 weeks. Its been the worst 2 weeks for global stocks since the 2008 financial crisis from wall street to tokyo investors are facing a global epidemic that could have just asked risk consequences for the Global Economy and the u. S. The Dow Jones Industrial average fell more than 10 percent over the past 2 weeks stocks have been hit even harder and frank for the dax index has lost 15 percent since february 21st thats when cases began to surge in south korea italy and iran the coronavirus is continuing to spread outside of china with around 20000 cases recorded. More airlines have been forced to ground planes american tech giants have sent workers home and japanese officials have suggested they could delay at the Tokyo Olympics this summer. Even emergency cuts to lending rates from Central Banks in the u. S. Canada and australia have done little to set the markets. The u. S. Government is also trying to calm investors i think Financial Markets will bounce back and so this is really go for you know their down probably 10 or 11 percent growth you know where they were but they were up 70 percent so you know its only if this is a relatively small piece but that piece will get bigger if the virus continues to spread for lets cross right over to deal b. Is financial correspondent jose luis to harrow on wall street hi jose comparisons are already being made between the Global Financial crisis and the coronavirus is this a serious as what we saw in 2009. Do you think comparisons are audios right but it is unavoidable to compare the Current Situation with what happened in 2009 out of for starters the virus has triggered the 1st emergency cut from the Federal Reserve since the different prices it also reveals he didnt and it calls for both a monetary and fiscal coordinated stimulus from countries around the world but when it comes to the us and fundamentals in the economy are a pretty solid and Systemic Risk that indefinable system seemed to be contained that said it is all about confidence at the minute a department can punch all markets to start heating the consumer home aside from any related preventive measures and starts questioning her or hes a spending then the heat on the economy becomes more severe these can result in the Small Businesses getting here layoffs liquidity concerns and maybe our recession in a very interconnected globalized world but as for now kate is a stupid very early to think we will repeat the Great Recession of 2009 ok jose and lets look at that issue of confidence here what measures if any do you think governments Central Banks can take to reassure investors and ordinary people for that matter. In the 1st place a some sense that the situation is under control and protocols in order even if infections continues to search that way businesses can plan and measure the virus for investors here in wall street do you also want to see more rate cuts and now the reset some kind of sense of that the fed will revisit that 0 bond activated as a response to the point one child crisis in 2008 and finally some form of the scale stimulus that there is already rumors of the possibility of deferring corporate taxes for a specific industries such as tourism or airlines also help for those who dont get paid if they dont go to work as a louis thanks for your insights and have a great weekend. Talks between opec members and russia have broken down with there is agreement on production cuts the price of brant plunged 10 percent on the news the oil cartel is trying to strike a deal with nonmembers to stabilize prices the cost of crude has dropped a quarter since the coronavirus appeared prompting officials to slash the land court costs for this year. Is causing half its flights in an attempt to limit the financial damage sparked by a sudden drop in demand the German Airlines had a ready and its Flight Cancellations to china and iran experts believe the Aviation Industry as a whole could lose up to 100000000000. 00 to break. As the virus continues to spread to companies with complex supply chains are feeling the pressure our next report describes the challenge as one german car parts supplier is facing because of the outbreak. Management consultant fine fine is currently pursuing Crisis Management she and her team advise 60 german firms that do business in china their india moaned right now because covert 19 is causing havoc fine fine is on her way to a client in a small town in northern germany to shield her group. The Automotive Parts supplier to halt production at its facility near beijing for 2 weeks. Things are starting up again but with precautions in place. For our. Farm were back up to 50 or 70 percent capacity so far we dont yet know when well reach 100 percent because we cant get the staff back into the factory yet. The drop in revenue and therefore the economic hit amounts to several 1000000 euros. International supply chains are collapsing or at risk you cant make a car if the gearbox isnt available. 8 plants in europe have to offset the production halt in china but not for much longer says the optimist frank fagging. See youre going slaughter is not convinced however. This is what you want from some president it does i cant recall anything like it on our planet in my view weve got through this and i hope we do deal with it sensibly i think well have to think about what needs to change in the future. For the us. For example will there be calls to curtail International Business travel fanfan usually travels back and forth between germany and china spending 2 weeks at a time in each country she has a team of 30 in china but for now she cant go and see her colleagues or her family so she communicates with them online from hamburg. Fanfan believes the tough measures imposed by the government in china have been decisive. In order you know a whole hearted. In germany and europe theres so much freedom and people dont wear face masks on and. Its a different mentality and a different way of life. For she and thats why the numbers here are rising day by day you didnt want. The virus is threatening not just the health of individuals but also the health of the Global Economy. Now some of the other business stories making global news Argentina Central Bank has cut its funds mark Interest Rate for the 8th time since december it now stands at 38 percent bank says the decision was made in response to signs of a slowdown in inflation. The Indian Government is buying a 49 percent stake in the yes bank in order to keep the troubling lender afloat yes is indias 4th largest private lender and has been struggling with bad loans shares fell following uniteds and. J. P. Morgan chase boss jamie dimon is recovering after undergoing emergency heart surgery the 63 year old is the longest serving head of a major u. S. Bank hes the c. E. O. Of j. P. Morgan since 2005. That every year tens of millions of tons of food go to waste also perfectly good products are thrown away because theyre past their used by days now a group of researchers has come up with an Innovative Solution to the problem. Many of us rely on them to tell whether the food in our fridge is safe to eat only not but could we soon see the end of the humble use by date. A group of innovative researchers from 4 different cities in france and belgium hope we will theyre developing a high tech alternative many senses implanted in packaging the chips will be able to literally sniff a food and accurately detect the extent to which its decomposed or rather whether its still edible or not. This micro biological method to examine the microbial crowfoot within the ford products chemical methods to desert the cotton precious off the volatile compounds and sensor of a nation to get information from our panelists by smiling. All of which is far more precise than used by dates they commonly rely on rough estimates about when a food will decompose food waste is a huge problem particularly in industrialized countries according to the u. N. A 3rd of all food produced for human consumption is lost or wasted each year in the e. U. Alone just under 90000000000. 00 kilos of food is discarded annually often because consumers fear its no longer safe to eat. Researches hope their creative solution may help turn this around in 5 years they say the sensors will be on the market for industrial use and then it may not be long before its time to say bye bye to misty used by. And for me its 5 i as well thanks for watching. This for me. Beethoven is for you. A time for us for help. Beethoven is for her. Beethoven is for the. Beethoven is for us. Is for every one of. Beethoven 2020 the 250th anniversary here on d w. With him had a big gun it goes up because were lions how you know if i had known that the boat would be that small i never would have gone on a trip to see if i would not support myself and my parents so much danger to the bottom of the theme of the davis leader with. That one little bit of that to them i had Serious Problems on a personal level and i was unable to live there and let him go to. You want to know their story in full migrants terrified and reliable information for margarets. Good use crime fighters are back africas most successful in radio drama series continues this season the stories focus on hate speech cholera prevention and sustainable charcoal production all of a sows are Available Online and of course you can share and discuss on africas Facebook Page and other social media platforms. Crime fighters tune in now. Hello and welcome to arts and culture well she is one of the most powerful and most eloquent voices in literature today canadian author Margaret Atwood and an order of International Womens day on sunday well hear from her and take a look at these stories. The Pushkin Museum in moscow gets under your skin with a look at the long history of tattoo art and design. And we look at the precarity of the modern dance in western african books you know. Shes a household name the world over and as a canadian myself i have to add shes nothing less than a National Treasure in canada since 961. 00 Margaret Atwood has been a prolific writer of novels poetry nonfiction short stories and even childrens books and the more she writes the more of a rock star she becomes thats her right and inquisitive style has proven to be not only visionary but also prophetic. Shes considered an International Icon of feminism canadas Margaret Atwood is a legend and one of the worlds most successful writers for several decades shes been a role models to women and girls around the world. And im not a very rebellious person by nature but i am a very curious person so that when people say things i like to