Business report im Stephen Beers in berlin thanks for joining us today marks 15 years since you tube was born the site was set up by 3 former colleagues a pay pal to give people a place to share clips online a decade and a half later accounts over 1500000000. 00 monthly users and netted 15000000000. 00 in ad revenues last year heres a look at how it all began. Very 1st video could scarcely have been simpler during his trip to the zoo cofounded jahvid karim had no idea what his primitive creation would become just a year later he and his friends chatted heavy and steve chen would be striking the deal of a lifetime. Today we have. Been acquired by banks less than 1650000000. 00 since being bought by the worlds most visited web site you tube itself has become the worlds 2nd most visited web site. And its not just john fit chad and steve who its made rich has created a whole new brand of celebrity the most successful you tube has such as hyperactive sweet. Make in excess of 10000000. 00 a
Plains a bombing on the army is very close. As the syrian offensive against province intensifies do w. Talks with a refugee here in germany who cant get his family out of harms way. And today marks 15 years since you tube was born we take a look at how far those massive video sharing site has com it all started with an elephant. And in case you forgot its valentines day e. W. Gives kids a say about it and children from around the world tell us what fills their hearts with have tips. Brian thomas great to have you with us for the program today the annual Munich Security Conference kicks off in just a few hours spring together. 35 heads of state and governments now one of their top issues the wests role on the International Stage and with concerns growing about made os commitment to its collective defense its biggest member is putting on a show of strength its. The biggest deployment of u. S. Military might to europe in a quarter century is heading this way for nato as defender 20 exerci
Good to have you with us the German Economy in 1000 with a whimper posting 0 growth in the 4th quarter and thats according to new statistics from the federal Statistics Office a growth was already subdued in the 1st quarter with g. D. P. Expanding 5 tenths of a percent with compared to the prior 3 months but then the German Economy contracted by 0. 2 percent trade conflicts and brags that weighed on germanys traditionally export reliant economy and the 3rd of the 3rd quarter rather so i slight recovery boosting hopes but the latest data reaffirmed those earlier fears that europes largest economy is out of sync now for more on this lets go to our financial correspondent in frankfurt chelsea to lanie. Chelsea some disappointing figures there what are investors saying. We havent seen much of a Market Reaction to this but. I think this really just confirms what investors are to new which is the German Economy is stagnant and there isnt really much hope of a turnaround at this point there w
A new term west its. Also coming up chinas coronavirus epidemic sees yet another rise of new infections and the death of several Health Care Workers exposes the risk to those on the front lines of the epidemic. Talks happy birthday you tube we take a look at how far the massive video sharing site is com it all started with this and elephant video 15 years ago. Im serious i was gonna thank you for joining us we start in syria where ongoing fighting in the rebel stronghold of it live has led to what the u. N. Calls a humanitarian catastrophe or people are trying to get out of it they are heading for the nearby Turkish Border as you can see here and the u. N. Says 140000. 00 of fled their homes in just the last 3 days bringing the total there up to 800000 germany is already home to hundreds of thousands of syrians who have fled the conflict those with family members left behind feel powerless to protect their. Checks the news from syria on social media all the time where did the latest bo
A Market Reaction to this but. I think this really just confirms what investors are to new which is the German Economy is stagnating and there isnt really much hope of a turnaround at this point there was at least one bright spot in this report the 3rd quarter g. D. P. Was survives higher but all in all the German Economy remains particularly the industrial sector is in its longest and deepest recession since in 10 years and if you add into this that the fears over coronavirus and what impact that could have on the industrial sector the talk today is really again about a potential technical recession in germany. So economics is continuing here in germany are we seeing this yet on the main streets in germany amongst the public how do we see this. So far the slowdown has really been concentrated in the Manufacturing Sector but there are some signs that it could be starting to spill over this report today i mentioned a market slowdown in private consumption and the 4th quarter and thats r