All in this together on together and well make it through. Still usage of the book stays in the series so stay safe to freeze and stay safe. Sure the people of the world on for d. W. I. On facebook and twitter to date and in touch follow. The money keeps streaming in netflix has revealed it gained 10000000 paid subscribers during the 2nd quarter ask around a virus kept people indoors. And a week where the e. C. V. And e. U. Both sets out their latest moves we have used some other words lead. Economists on how europe is handling the coronavirus crisis. And from bookshop to basically everything will mark a quarter of a century that promise and. This is due to real business on rob whats in berlin its great to have you with us netflix has revealed it had it more than 10000000 paid subscribers to its books between april and june the global Video Streaming Service now has 193000000. 00 subscribers worldwide netflix has also posts of revenues of over 6000000000. 00 for q 2 however the company has warned investors not to expect the same level of growth from the 3rd quarter. But lets get more on this from our financial correspondent in new york jose luis de haro welcome along so how is netflix been able to capitalize so well on this pandemic. I would say 2 main factors the content catalog and its already stronger position waldo why did company at it 26000000. 00 muses cry verse in diverse to have all of the year to a total of over 192000000 depending because a slowdown of product generally but netflix had also of very strong at number of original releases over to 2nd quarter such as the film instruction which the company says use its most popular movie ever netflix the stock is up around 64 percentage does a year and reach a record highs in the reason that weeks summit wonder how long netflix is locked down live that will will last also even the company will be able to Current Subscriber growth rates in the years ahead. Yeah i know they say that they will all day there is a lot of talk about it streaming was with many of the players entering the market particularly just in the months before the pandemic disney plus the t. V. Plus so how is netflix measuring up to its competitors. Its becoming a pretty crowded market as specially after d. S. A car in which we are welcoming also come cast an n. B. C. Universal news streaming Service Netflix is still ahead of company such as the ones you mention are some prime hulu disney plus apple processor h. B. O. Moxa but its a key challenge at moving forward right now its a might be up financial war on netflix has a long and long resisted offering a free app that supported tier of service while highly leveraged itself in enough very intensive content development bottle to capture a streaming industry and that can pose a very big problem in the medium long term if it doesnt montane their current growth rates by jose luis de haro our financial correspondent in new york thanks for keeping us up to tact. The European Central bank chief Christine Legarde has called on euro zone leaders to come to an agreement quickly on a coronavirus Recovery Plan after its latest meeting the c. B. Held back from topping up its vast pandemic stimulus for the euro zone the guard said that europes economy was rebounding from the pandemic and probably passed the low point he said they had massively relaxed its Monetary Policy to respond to the crisis over the past few months but she said e. U. Leaders now needed to do their bit and quickly agree on a huge Recovery Plan. While e. U. Leaders will meet later this week to try to Reach Agreement on that 750000000000 euro coronavirus Recovery Plan so are the e. C. B. And the e. U. On the right track to get the continent through this tricky period well thats a question that i put to some of the worlds leading economists during an Online Panel Discussion hosted by the World Economic forum in this program and we have a commitment to a common fiscal response with the European Recovery Fund now theyre going to walk you about it on friday and saturday doubtful well get a decision up 5 minutes but i sleep deprived politicians as we always do but i think we will get. Eventually a commitment to a common for School Program and thats why i call for europe stability over the medium term the problem of course is that the scale is still relatively limited. That there is a great deal of dependence on the National Government still leading in terms of fiscal policy but i think were going in the right direction we are very much impressed with the European Unions comments nantz are still Climate Change you know. There is and then nick of course our great opportunity to educate the public and to educate firms in. Emerging markets underneath to do something on Line Exchange front and i think thats where the european me union is taking the lead including you know piece action on that front we understood it must be really that this is their historical moment even though small you know the fact that we want to avoid at any costs a repeat of the greek crisis is something that is major for europe the problem or at least be issued not to sound too naive of the mystic is you were going to have to sustain efforts for years to come this is the easy part to to take the insurance policy and say were going to do whatever it takes you know come the phoebe were going to do whatever it takes from the government thats the easy part now to save some low cost exports from china the world is overrun with steel thats bad news for countries where Steel Production makes up an important part of the economy thats why here in germany theres a drive to invest in the industry to make german steel stand out the overall aim to make a carbon neutral. Germanys Steel Production is turning green powered by hydrogen instead of coal the transition is expected to cost 30000000000 euros. The state will provide funding the ministry of Economic Affairs steel producers and labor unions have agreed. To are made in green steel made in germany and in other words the transition to low carbon and potentially 0 carbon Steel Production right can set an example for many of the regions in the world if you are under your in the bit the German Government plans to complete the structural change in the Steel Industry by 2050 an enormous undertaking. Over all Green Technologies are not ready for the market yet even Renewable Energy isnt available in the necessary quantities but in order to avoid driving industry out of germany due to strict climate targets still producers will be allowed to pollute the air in the interim according to the plan cheap steel from china will still be subject to e. U. Penalties which might even be increased just how expensive germanys green steel project will be will be further discuss this autumn. Now some of the other Global Business stories making the news. Its no scam as he managed to gain access to a range of leading twitter accounts may have made any excess of 100000. 00 the hackers managed to tweet as figures including Barack Obama Biden bill gates asking follow us to send them a bit coin. The worlds 2nd biggest economy is back in the black according to beijing anyway government figures say chinas economy expanded by 3. 2 percent year on year higher than experts forecast it suggests there could be hope for a rapid recovery elsewhere in the world however the sectors like retail are still struggling. Now 1st it was called kadabra then relentless and finally amazon 25 years ago today jeff bezos launched his ambitious online store his 1st book had only been sold a few months earlier now it sells basically everything its reshaped how we think about retail and technology. This is how it looked in 1905 and this is where its led millions of products that go well beyond books a logistics operation of unprecedented scale cutting edge consumer technology. And the worlds richest man. How to quantify amazon its the Largest Online retailer in the u. S. By a long shot easily eclipsing competitors like walmart and ebay its estimated that 6 out of 10 u. S. Households have a prime account. It also overshadows chinas biggest players amazon raked in 280000000000. 00 in revenue and 2019 almost 4 times what ali baba and j. D. Dot com did. But its not just sales that separates amazon its early embrace of technology put it well ahead of its competitors. They are the most advanced sophisticated corporation we have ever seen in terms of taking big data. Artificial intelligence and Machine Learning and integrating. Tools into our own lives and theyre just starting thats what a lot of people do not realize amazons relentlessness has a darker side to its tough Corporate Culture its low tax payments and its dominance over smaller retailers have all sparked criticism. The future is bright however the coronavirus pandemic has boosted the companys outlook. The expectation is that amazon will benefit from this in the long term because even after the pandemic is over people will gain new habits of buying groceries and other items online will the next 25 years also belong to amazon and finally danish ice cream make a handsome is changing the name of its eskimo ice cream boss because of concerns over discrimination the word is deemed offensive innuit people in the arctic many greenland this eskimo has a derogatory manner its often translated as into revolt me the brand new name is going to be opec after the chocolate being that provides its glades. And thats all from me in the Business Team here in berlin if you want more from us to visit our website. Spain has seen quentin 1000 covert 1000 related deaths in both peoples. How did it come to the. I. C. U. Patients away. Dont treat the residents of the old peoples home. Im not a someone stop parents and many others want justice. Politicians play. W. Bush. Clear position on the International Perspective such. Coronavirus threatens our whole song societies around our economies so when it comes out of a huge challenge Climate Change also if we learn from the current to come to me join me in my game sometime a point shortly. To point. Up in 60 minutes on t w. This is some dope story a stubborn rice farmer from thailand. His problem. Is credo no chemical. Step. Students are. Training successful. Doctors. Starts july 22nd. Hello and welcome to focus on europe with me liz show the coronavirus seems to be under control in europe but still experts warn of a possible 2nd wave of infections especially since the some people are feared to no longer be following Safety Measures on the Spanish Island of majorca hundreds of tourists were seen partying on this