to argentina government takes hold talks with the international monetary fund the government hoping to renegotiate a monster blow that critics say is contending the country's economic misery. and consumer culture are a very worst every year billions of dollars worth of returns processed it ends up a landfill will tell you why online retailers like amazon prefer to burn on ones of products that don't make. this business on k. ferguson welcome tesla c.e.o. elon musk was once again surprised markets this time with the announcement of a major stock selloff and we can see just how a major right here shares worth 2000000000 dollars will go on sale the decision comes off for a meteoric rise in the company's share price over the past few months since june of last year the company's stock has more than quadrupled making the prospect of selling off an order to raise capital all the more appealing. but it hasn't all been smooth sailing for tesla the company's shanghai facility was temporarily closed because of the coronavirus site break tesla has also had to recall $15000.00 model x. s.u.v.s like

argentina's government takes hold talks with the international monetary fund the government hoping to renegotiate a month of loans that critics say is come time during the country's economic misery . consumer culture are states very worst every year billions of dollars worth of returns processed and they lump ill will tell you why online retailers like amazon prefer to burn on wanted products that donate some. of your business unpaid ferguson welcome tesla c.e.o. elon musk cause once again surprised markets this time with the announcement of a major stock selloff and we can see just how a major right here shares worth 2000000000 dollars will go on sale the decision comes off for a meteoric rise in the company's share price over the past few months since june of last year the company's stock has more than quadrupled making the prospect of selling off an order to raise capital all the more appealing. but it hasn't all been smooth sailing for tesla the company's shanghai facility was temporarily closed because of the coronavirus i brake tesla has also had to recall 15000 model x. s.u.v.s

to argentina as government takes hold talks with the international monetary fund the government hoping to renegotiate a month of loans that critics say is compounding the country's economic misery. and consumer culture are very worst every year billions of dollars worth of returns product that ends up in landfill we'll tell you why online retailers like amazon prefer to burn on want of products that donate to. this new business unquote ferguson welcome tesla c.e.o. elon musk was once again surprised markets this time with the announcement of a major stock selloff and we can see just how major right here shares worth 2000000000 dollars will go on sale the decision comes after a meteoric rise in the company's share price over the past few months since june of last year the company's stock has more than quadrupled making the prospect of selling off an order to raise capital all the more appealing. but it hasn't all been. smooth sailing for tesla the company's shanghai facility was temporarily closed because of the coronavirus i brake tesla has also had to recall 15000 model x. s.u.v.s lik

that the international monetary fund has called for a restructuring of argentina's debt currently the country owes $44000000000.00 over the next 4 years if it does get restricted investors would take a hit but it would be welcomed by the new leftist government in argentina which says the current payment plan is unsustainable. as one newspaper put it hating the international monetary fund is a national pastime in argentina this protest last week a display of anger against the i.m.f. the country borrowed multibillion dollar amounts in 200-2003 in 2018 the strict requirements often blamed for ongoing economic troubles except now the i.m.f. too says the current debt levels are not economically nor politically feasible agreeing with the country's new president oh but often and but if you're not they are now it seemed we had nothing but we are right and they told us we were right and for the 1st time in history the funders recognized this and for the 1st time in our history of arjen times we were going to tell them this time to let us make the exit plan and they told us to go for it you kno

anything the international monetary fund is also responsible for the debt crisis and the economic crisis that argentina is experiencing today. whether or not that's true it's what most argentinians belief and they're furious with their former president mary snow machree who took out a deeply unpopular $56000000000.00 bailout loan from the washington based i.m.f. and 2018 the i.m.f. biggest ever loan required cuts in spending nearly all the money was used to service payments on the national debt and pay back other creditors that's why argentina booted out the old government and that's why i m f representatives are in town these days to negotiate debt repayment they're not welcome at the demonstrations and going as i raise germany's aging population is a problem for its labor market migrants from places like syria and afghanistan have been tipped as a possible solution but are they in fact finding their way to the country's labor market later today the organization for economic cooperation and development the o.e.c.d. will present its own findings in berlin and while hurdles remain there a

the international monetary fund says it is likely to downgrade its global economic forecast because of the outbreak. at least 33 turkish soldiers have been killed and many more injured in the syrian province of idlib, reportedly by government forces. turkey has vowed to retaliate. and this video is trending on bbc.com. taylor swift has transformed herself into a man in the video for her latest song, called simply the man. she appears to use the song to air her grievances against some parts of the music industry. that's all, stay with bbc world news. more on our website, bbc.co.uk/news, and the news app. now on bbc news, live to singapore for asia business report. coronavirus stock market rout. asian markets follow wall street slump as the dowjones markets follow wall street slump as the dow jones is markets follow wall street slump as the dowjones is seeing its worst week since the financial crisis. mardi gras economic boost. how australia's biggest lg bt mardi gras economic boost. how australia's biggest lgbt event of the year helps bring in the pink dollars. good morning and welcome

still to come here on al-jazeera the international monetary fund's efforts to help lebanon tackle its deepening economic crisis. michael bloomberg under attack as the former mayor of new york makes his 1st appearance in the democratic presidential debates. hello and welcome back time to start our weather forecast in northeastern parts of asia the weather across much of japan is generally looking fine on friday but we have got a weather system which is going to be developing and that's going to be pushing in jury stuff they say things will change that should be a bright day in tokyo highs of 14 but on saturday that weather system begins to develop pushing rain into the western side of japan thing to see i think turning up in northern areas that could well be snow for a time certainly harl of ations and some heavy snow across the eastern side of russia coming further towards the west it sat looking largely fine across much of southern china we could see one or 2 showers affecting taiwan at times down into southeastern parts of asia lots of thunderstorms all for parts of indonesia and th

as you pointed out the international monetary fund has suggested that it might have to cut its global growth outlook for the year because of the impact that this virus is having on so many companies. we are seeing that a lot of companies are reacting and we are seeing that facebook, for example, has decided to cancel if they did that the biggest assembly for the company and he had decided to cancel it altogether because of the coronavirus. secondly, a lot of worry “— coronavirus. secondly, a lot of worry —— worried company. coronavirus. secondly, a lot of worry -- worried company. any advice from them? in terms of what to do for the coronavirus, a lot of companies right now are trying not to have mass assemblies of people coming from international areas and i think that's really what people are concerned about from a financial perspective, i think we are hearing from a lot of economists that are starting to sound alarm bells about what this could mean for the american economy and the global economy will stop in fact, the former chair of the us federal reserve, and erica's cent

monetary fund and other partners to help argentina get back on the path of growth of sustainable debt now meanwhile wednesday argentina and economy minister martin guzman and i.m.f. managing director krista lena. discussed the issue in vatican city at a meeting hosted by pope francis guzman reiterated that argentina could not continue to service this lote pope francis who is arjun thai and did not directly comment on the specific situation facing the country's debt venezuela hasn't really made very many headlines lately and certainly talk of overthrow. the country's president nicolas maduro that has been relatively quiet that is until this week when the u.s. backed legitimate i'm doing air quotes you can see me president of venezuela one white oh they suddenly popped up at the state of the union on tuesday then spent the day with president trump on wednesday at the white house in fact why those presence at the state of the union was really one of the only bipartisan moments of the entire night. the. all americans are united with the venezuelan people in their right years struggle for

monetary fund and other partners to help argentina get back on the path of growth of sustainable debt now meanwhile wednesday arjen time economy minister martin guzman and i.m.f. managing director krista lena. discussed the issue in vatican city at a meeting hosted by pope francis guzman reiterated that argentina could not continue to service this lote pope francis who is arjen time did not directly comment on the specific situation facing the country's debt venezuela hasn't really made very many headlines lately and certainly talk of overthrowing the country's president nicolas maduro has been relatively quiet that is until this week when the u.s. backed legitimate i'm doing air quotes you can see the president of venezuela one why though he suddenly popped up at the state of the union on tuesday then spent the day with president trump on wednesday at the white house in fact why those presence at the state of the union was really one of the only bipartisan moments of the entire night. at the. all americans are united with the venezuelan people in their right yours struggle for freedo

our team from the international monetary fund's is in lebannon south sakho a deepening economic crisis the government has yet to decide whether it will default on its loan payments moves that could lead to unpopular austerity measures senator has more from beirut's. this abandoned building or what is known as the egg is now where the lebanese debate and plot the future of their country since october anti-establishment protesters have occupied this bullet ridden structure in central beirut which was damaged during the 15 year civil war that began in 1975 decades later lebanon is facing difficult days for the most remote the was the services. are getting so we. are so stiff. steep. the weight with this state is close to bankruptcy its foreign exchange reserves are running out the economy is not growing and commercial banks have imposed capital controls preventing people from accessing their life savings many are concerned their deposits will be used if the authorities decide to pay the public debt. so the people will be in the street the new government is facing a difficult decision leba

monetary fund at a meeting of the g 20 finance ministers in riyadh e.u. economic affairs commissioner paolo jensen loney said the g 20 was ready it's real with pro growth policies meaning more government spending on infrastructure as well as aid for business so many ministers also said they want to keep their monetary policies loose. now the new coronavirus isn't the only illness putting pressure on european economies the h 5 n 8 bird flu is spreading in eastern europe so far it doesn't infect humans but it can wipe out poultry stocks and also there is a vaccine but it's not being used to look. the h 5 n 8 bird flu virus is now being found in the zoo in this evacuee and holiday resorts have plenty to the grounds of the zoo have been quarantined. the birds stuck in that cages the entire premises need disinfecting boy meat says you know molly gets 40000 visitors a year but for weeks it's had no income. this is falconry is also affected it's raptors a grounded they cost as much as $5000.00 euros apiece in summer the full cleaners earn money with displays for

monetary fund and other partners to help argentina get back on the path of growth of sustainable debt now meanwhile wednesday argentina and economy minister martin guzman and i.m.f. managing director krista lena. discussed the issue in vatican city at a meeting hosted by pope francis guzman reiterated that argentina could not continue to service this lote pope francis who is arjun thai and did not directly comment on the specific situation facing the country's debt venezuela hasn't really made very many headlines lately and certainly talk of overthrowing the country's president nicolas maduro has been relatively quiet that is until this week when the u.s. backed legitimate i'm doing air quotes you can see the president of venezuela one why though he suddenly popped up at the state of the union on tuesday this spent the day with president trump on wednesday at the white house in fact why those presence at the state of the union was really one of the only bipartisan moments of the entire night. ah there we're all americans are united with the venezuelan people in their right yours strug

the head of the international monetary fund crystal enough gave a has told d.w. that china's efforts to reopen factories over the next few weeks will be an important indicator of the impact the coronavirus has had on a global value chain her comments come ahead of an announcement that officials from the world health organization would be touching down in china this weekend to address the response to the virus which has infected tens of thousands of people around the world and wreaked havoc on the global economy. in china the economy is reeling from the devastating effects of the coronavirus. it's become a major talking point at the munich security conference. there we caught up with i.m.f. chief crystal georgiev and she said that the top 2020 is looming for china how it is going to affect local diabetes it's seen we have to believe that the next couple of weeks the very form of these because they put those coach in these states the only goes to see these stocks just. that's right. china's president xi jinping renewed his call for the ruling communist party to ste

the international monetary fund is echoing that sentiment warning epidemic could put a fragile global economic recovery at risk speaking at a g. 20 gathering in riyadh finance ministers said they're ready to implement growth policies meaning more government spending and aid for businesses affected by the outbreak. glaxo smith kline is teaming up with china's bio pharmaceuticals to find a way to treat the corona virus working on a protein based corona virus vaccine however researches warn they still have a long way to go. and fashion retailer prime arc is warning of shortages in some clothing lines like this year due to chinese factories being closed because of the coronavirus the company sells more than 40 percent of its product from china says it's in talks with suppliers in bangladesh cambodia vietnam and turkey to fill the potential gap. over 100000 indians have cheated on donald trump on his state visit as the us president promised an incredible trade deal and the most feared military equipment on the planet but behind the scenes trade tensions of simmering the united states is in

the world bank and the international monetary fund say that somalia is now eligible to receive debt forgiveness under a special program to help the poorest nations locusts have this decimated food supplies in the east african country and it is also facing a debt load that measures $5300000000.00 us dollars at the end of 2080. i.m.f. chief crystal ino george ever called the decision historic day that you spoke to at the munich security conference they were discussing it's. one of not many friends once it's been a conference and you know this is the only. eat this war we expect that feat to be finally reached once. all the. way. through towards anything. today marks 15 years since you tube was born the site was set up by 3 former colleagues of pay pal to give people a place to share clips online a decade and a half and countless cat the videos later it comes over $1500000000.00 monthly users and there's a $15000000000.00 in ad revenues last year is a look at how it all began. here are. you tube very 1st video could scarcely have been simpler during his trip to the zoo co-founder jahvid karim had

now to some of the other stories making news around the world the international monetary fund has put out a warning to all rich gulf states which it says looks set to burn through their wealth in as little as 15 years the i.m.f. says the likes of bahrain qatar and even saudi arabia could suffer as global consumers seek to save energy and turn to sources. is to recall nearly 107000 older audi vehicles because they have drivers air bag inflators that could haul shrapnel in a crouch the airbags have a new and distinct problem from previous to contact airbag recalls that has led to at least one death the w. will notify owners in march. german chancellor angela merkel is in johannesburg for talks with south african president cyril ramaphosa well the german south african trade relationship was worth 17000000000 dollars last year far behind say german chinese trade volume pose a once more german involvement and says south africa can learn from germany's experience to shifting from coal to renewables. he wants to kickstart his country's flagging economy and she's looking to strengthen ties wi

monetary fund says it's still getting to grips with how deep the global effects will be with the virus is going to have an impact. on growth. i'm. a lot just depends on. the speed of recovery in ensuring you know other countries the spillover effects. the effects on supply chains with concern about the economic and health implications of coronavirus growing government looking for global solutions but experts warn that the world is not prepared for what may be down the road. ok let's bring in a great hang in singapore and chelsea delaney in frankfurt our financial correspondent chelsea starting with you crash correction what are we seeing here. i think for now it's a correction that could very easily turn into a longer term crash investors are very concerned that this could turn into a global recession but that the also about the unpredictability of this situation we don't know at this point how much further the virus is going to spread what this is going to do to businesses if it's going to lead to more production shutdowns more supply chain disruptions how this is going to in fact. co

the international monetary fund is echoing that sentiment warning epidemic could put a fragile global economic recovery at risk speaking at a g. 20 gathering in riyadh finance ministers said they're ready to implement growth policies meaning more government spending and aid for ailing businesses affected by the outbreak. glaxo smith kline is teaming up with china's bio pharmaceuticals to find a way to treat the corona virus working on a protein based corona virus vaccine however researches warned the they still have a long way to go. and fashion retailer prime arc is warning of shortages in some clothing lines later this year due to chinese factories being closed because of the coronavirus the company sells more than 40 percent of its product from china my mouth says it's in talks with suppliers in bangladesh cambodia vietnam and turkey to fill the potential gap. over 100000 indians have cheated on donald trump on his state visit as the us president promised an incredible trade deal and the most feared military equipment on the planet but behind the scenes trade tensions a simmering t

many airlines have cut flights to and from china and now the international monetary fund is cutting its growth forecast for one of africa's top economies by jerry from 2 and a half to just 2 percent the reason plunging oil prices standing from the outbreak it highlights the challenges the biggest africa group producer has in diversifying its economy and why breaching effects a little bars that. well on top of the 1st growth cuts corporations are issuing profit warnings or supply shortages a new type of virus has hit the world's 2nd biggest economy and gone global networks take behave with apple is one of the 1st firms to clarify the extent of the college shopping malls and stores closed across the country city streets empty as millions remain confined to their homes. factories shows are reopening at a snail's pace none of this is good news for apple the world's most valuable tech company makes i phones of various sites across china and also sells millions of them at stores around the country the profit warning underlines just how serious the corona virus outbreak is for a business like

monetary fund at a meeting of the g 20 finance ministers in riyadh e.u. economic affairs commissioner paolo jensen lonny said the g 20 was ready to react with pro growth policies meaning more government spending on infrastructure as well as aid for business so many ministers also said they want to keep their monetary policies loose. now the new coronavirus isn't the only illness putting pressure on european economies the h 5 n 8 bird flu is spreading in eastern europe so far it doesn't infect humans but it can wipe out poultry stocks and also there is a vaccine but it's not being used to look. at the h 5 n 8 bird flu virus is now being found in the zoo in the slovakian holiday resort of . the grounds of the zoo have been quarantined. the birds stuck in their cages the entire premises need disinfecting boy needs a zoo normally gets $40000.00 visitors a year but for weeks it's had no income this is useful can ring is also affected it's wrapped has a grounded they cost as much as $5000.00 euros apiece in some of the full can is in money with displays for tou

the international monetary fund says it's still getting to grips with how deep the global effect will be the virus is going to have an impact on growth. a lot just depends on. the speed of recovery in in china and in other countries the spillover effects. the effects on supply chains the with concern about both the economic and health implications of coronavirus growing governments are looking for global solutions but experts warn that the world is not prepared for what may be to come. so here's just a roundup of some of the most dramatic market action we've seen over the past hours starting with on president losses on wall street where the dow jones had its worst one day point drop in history tumbling almost 4 and a half percent and now that sentiment spilled over to asia with tokyo's nikkei shedding 3.6 percent today and hong kong's hang seng also closed down 2.4 percent of all let's cross over now to chelsea delaney our financial market correspondent in frankfurt because germany's dax is also in a in a tailspin why are markets reacting in such a strong way. it's total tailspin here

monetary fund has warned at a meeting of the g 20 finance ministers in reality economic affairs commissioner paulo gentil only said the g 20 was ready to react with pro growth policies meaning more government spending on infrastructure and aid for ailing businesses affected by the outbreak many ministers also said they wanted to keep their monetary policies moves. in prime minister narendra modi has welcomed u.s. presidents donald trump on his 1st official visit to the south asian subcontinent the trip comes amid simmering trade tensions with delhi and last year's tit for tat to terrorists the united states is india's 2nd largest trade partner after china but in $29000.00 the u.s. ended up with a deficit of around $23000000000.00 in trade with india and washington demands india must buy more american farm goods if it wants reinstatement of a key u.s. trade concession and steal a wider pact india in turn has offered to cut tariffs on chicken legs from 100 to 25 percent but the u.s. demands a cut to 10 percent while another point of discussion is to get india to partially open up its dairy mar

monetary fund says it's still getting to grips with how deep the global effects will be with the virus is going to have an impact. on growth. i'm. a lot just depends on. the speed of recovery in the intro you know in other countries the spillover effects. the effects on supply chains with concern about the economic and health implications of coronavirus growing governments looking for global solutions but experts warn that the world is not prepared for what may be down the road. financial correspondent in frankfurt if we're seeing a crash or a correction. all this began as a correction but investors are increasingly worried that it's going to turn into a longer term crash for the market investors have been really overwhelmed and they say they're shocked this week to receive this constant stream of news suggesting that they're coronavirus could turn into a global pandemic and it could really disrupt the global economy it really is going to determine how much further this this brings down stocks this is going to be the continued spread if we continue to see more cases outside of china du

the international monetary fund is warning the epidemic could put a fragile global economic recovery at risk speaking at a g. 20 gathering in riyadh finance ministers said they're ready to implement progress policies meaning more government spending and aid for ailing businesses affected by the outbreak. and oil prices are down 4 percent concerns are growing that the outbreak will hit demand hard it's already affected the manufacturing logistics and travel sectors safe havens like gold and treasuries have been surging along with us stocks and the dollar that's not typical it shows investors could be preparing portfolios for a virus led global slowdown. could africa's biggest economy be about to boom again official statistics show output in nigeria rose to an annual rate of just over 2 and a half percent in the 4th quarter that propelled overall growth above 2 and a quarter percent for the year that's the highest level the country has seen since the recession in what he 16 back then a big drop in the oil price led to a massive slump but nigeria's economic output has been growing in ta

the world bank and the international monetary fund say that somalia is now eligible to receive debt forgiveness under a special program to help the poorest nations low costs have best decimated food supplies in these difficult contrary and it is also facing a debt load that measures $5300000000.00 u.s. dollars at the end of 2018 i.m.f. chief chris alina georgia called the decision historic day w. spoke at the munich security conference. discussion do you want to maybe write. a unique conference in the. morning. we expect that the 2 finally reached what. will be. a. road wants anything. 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 and countless cat videos later accounts over $1500000000.00 monthly users and that's it $15000000000.00 in ad revenues last year is a look at how it all began. here a. few chips very 1st video could scarcely have been simpler during his trip to the zoo co-founder jahvid karim had no idea what his primitive creation would become just a year later he and

monetary fund is cutting its growth forecast for one of africa's top economies nigeria from 2 and a half to just 2 percent for the reason plunging oil prices stemming from the outbreak it highlights the challenges the biggest african crew producer has in diversifying its economy and a wide reaching effects a little buyers can have. on top of the 1st growth cuts corporations are issuing profit warnings there are supply shortages a new type of virus has hit the world's 2nd biggest economy and gone global networks take behemoths apple is one of the 1st firms to clarify the extent of the carnage shopping malls and stores closed across the country city streets empty as millions remain confined to their homes. factories shows are reopening at a snail's pace none of this is good news for apple the world's most valuable tech company makes i phones of various sites across china and also sells millions of them at stores around the country the profit warning underlines just how serious the corona virus outbreak is for a business like apple which is heavily reliant on its supply chains in china

monetary fund says it's still getting to grips with how deep the global effects will be with the virus is going to have an impact. on growth. i'm. a lot just depends on. the speed of recovery in china and in other countries the spillover effects. the effects on supply chains with concern about the economic health implications of coronavirus growing government looking for global solutions but experts warn that the world is not prepared for what may be down the road. financial correspondent in frankfurt if we're seeing a crash or a correction. all this began as a correction but investors are increasingly worried that it's going to turn into a longer term crash for the market investors have been really overwhelmed and they say they're shocked this week to receive this constant stream of news suggesting that the crown a virus could turn into a global pandemic and it could really disrupt the global economy what really is going to determine how much further this this brings down stocks it's going to be the continued spread if we continue to see more cases outside of china and hearing here at

now to some of the other stories making news around the world the international monetary fund has put out a warning to all rich gulf states which it says looks set to burn through their wealth in as little as 15 years the i.m.f. says the likes of bahrain qatar and even saudi arabia could suffer as global consumers seek to save energy and turn to renewable sources. is to recall nearly 107000 older vehicles because they have to cart a driver's airbag inflator as that could hurt all shrapnel in a crash the airbags have a new and distinct problem from previous to contact airbag recalls that has led to at least one death the w. will notify owners in march. german chancellor angela merkel is in johannesburg for talks with south african presidents here. now the german south african trade relationship was worth 17000000000 dollars last year far behind say german chinese trade volume pose a wants more german involvement and says south africa can learn from germany's experience to shifting from coal to a new will poles. she wants to kickstart his country's flagging economy and she's looking to

the international monetary fund is warning the epidemic could put a fragile global economic recovery at risk speaking at a g. 20 gathering in riyadh finance ministers said they're ready to implement pro growth policies meaning more government spending and aid for ailing businesses affected by the outbreak. and oil prices are down 4 percent concerns are growing that the outbreak will hit demand hard it's already affected the manufacturing logistics and travel sectors safe havens like gold and treasuries have been surging along with us and the dollar that's not typical it shows investors could be preparing portfolios for a virus led global slowdown. could africa's biggest economy be about to boom again official statistics show output in nigeria rose to an annual rate of just over 2 and a half percent in the 4th quarter that propelled overall growth above 2 and a quarter percent for the year that's the highest level the country has seen since the recession in what he 16 back then a big drop in the oil price led to a massive slump but nigeria's economic output has been growing in tandem

international monetary fund is echoing that sentiment morning epidemic could put a fragile global economic recovery at risk speaking at a g. 20 gathering in riyadh finance ministers said they're ready to implement growth policies meaning more government spending and aid for businesses affected by the outbreak. glaxo smith kline is teaming up with china's bio pharmaceuticals to find a way to treat the corona virus working on a protein based corona virus vaccine however researches warned that they still have a long way to go. and fashion retailer prime arc is warning of shortages in some clothing lines later this year due to chinese factories being closed because of the coronavirus a company sells more than 40 percent of its product from china says it's in talks with suppliers in bangladesh cambodia vietnam and turkey to fill the potential gap . over 100000 indians have cheated on donald trump on his state visit as the us president promised an incredible trade deal and the most feared military equipment on the planet but behind the scenes trade tensions of. the united states is india's 2nd l

the international monetary fund says it's still getting to grips with how deep the global effects will be the virus is going to have an impact. on growth. a lot just depends on. the speed of recovery in ensuring you know other countries the spillover effects. the effects on supply chains with concern about the economic and health implications of coronavirus growing government looking for global solutions but experts warn that the world is not prepared for what may be down the road. ok let's bring in a great hang in singapore and chelsea delaney in frankfurt our financial correspondent chelsea starting with you crash correction what are we seeing here. i think for now it's a correction that could very easily turn into a longer term crash investors are very concerned that this could turn into a global recession but that the also about the unpredictability of the situation we don't know at this point how much further the virus is going to spread what this is going to do to businesses if it's going to lead to more production shutdowns more supply chain disruptions how this is going to in f

and finally the international monetary fund says argentina's debt is not sustainable that conclusion comes at the end of a week long visit from an i.m.f. team thousands took to the streets in protest when the delegation arrived a 40 $4000000000.00 bailout loan issued by the organization 2 years ago is deeply unpopular in argentina the new left wing government wants to renegotiate upwards of a $100000000000.00 in foreign debt as it struggles under the triple burden of recession high inflation and the 28 market crash. and that up some program if you want more go ahead and check out a website a d w dot com or our facebook and twitter. thanks for. what secrets lie behind. discover new adventures in 360 degree. explore fascinating world heritage sites. w world heritage 360 get the maps now. to use crime fighters are back. for those most successful radio drama series continues this season the stories focus on hate speech prevention and sustainable production. all of a sow's are available online and of course you can share and discuss on africa's facebook page and other social media platfor

monetary fund has warned speaking at a meeting of the g 20 finance ministers in riyadh ministers that they're ready to implement a pro growth policies meaning more government spending and aid for ailing businesses affected by the outbreak. the canadian government has wanted that indigenous protests involving rail line blockades could cripple the economy and says it wants to restart crisis talks the main blockades were set up 18 days ago to protest a natural gas pipeline being built across indigenous lands in british columbia protesters want work on the pipeline to be suspended. holidaymakers to the canary islands are facing air travel disruptions after a huge sahara and some storm engulfed the spanish tourist destination on sunday low visibility has forced hundreds of lives to be grounded or diverted to other airports is a judge ryan and jets 2 are among the airlines affect it. u.s. president donald trump is in india this week on his 1st official visit the trip comes amid trade tensions with daily and tit for tat tariffs last year but now both sides are eager to negotiation to get ind

and finally it's to argentina where the international monetary fund says the country's debt is not sustainable that conclusion comes at the end of a week long visit from an i.m.f. team thousands took to the streets in protest when the delegation arrived a $44000000000.00 bailout loan issued by the organization 2 years ago is deeply unpopular in argentina the new left wing government wants to renegotiate upwards of a $100000000000.00 in foreign debt as it struggles under the triple burden of recession high inflation and the 2080 market crash. and that's it for me and the business. i'm here berlin after the break sara kelly will give you the latest on the deadly shooting in the restroom in the town of qana thanks for watching and stay with us. happiness fears for everyone schuman penises are very different from primates as we have already told always ridiculous the size view nature of their favorite and this is climate change crisis sex how to encourage books to get smarter for free you know when you books on. we deliver urgent lifesaving boxes we give our everything to reach those who need us t

in fact, the boss of the international monetary fund kristalina georgieva says coronavirus constitutes the "most pressing uncertainty" facing the global economy. the 620 ministers also say it poses a real risk to growth. let's get more on this story. our correspondentjoins us from dubai. what, realistically, can this gathering of finance ministers and central bankers actually do? that is the big question, what can they really do. it is the first big gathering that is taking place after the outbreak of the coronavirus. what we know at this point of time is that in the draft statement that has been prepared and will be discussed during the meeting, it clearly acknowledges the fallout of the coronavirus and it says it poses downside risks for the global economy. however, there is no clarity whether they will be announcing any action orjoint programme to tackle this issue. you mentioned imf, the imf in a note to these leaders who are attending the meeting, spoke about how there is a need to have a joint action plan ready to prepare themselves for the kind of impact that could take place or

monetary fund says it's still getting to grips with how deep the global effects will be with the virus is going to have an impact. on growth. i'm. a lot just depends on. the speed of recovery in ensuring you know other countries the spillover effects. the effects on supply chains with concern about the economic and health implications of coronavirus growing government looking for global solutions but experts warn that the world is not prepared for what may be down the road. ok let's bring in a great hang in singapore and chelsea delaney in frankfurt often actual correspondents chelsea starting with you crash correction what are we seeing here. i think for now it's a correction that could very easily turn into a longer term crash investors are very concerned that this could turn into a global recession but that the also about the unpredictability of this situation we don't know at this point how much further the virus is going to spread what this is going to do to businesses if it's going to lead to more production shutdowns more supply chain disruptions how this is going to in fact imp

the international monetary fund also warned the epidemic is likely to shave off 0.1% from the global economy this year. the owner of the uk's best—selling newspaper, the sun, lost £68m last year as sales fell and the company continued to deal with the fallout of the phone—hacking scandal. daily sales of the sun fell by 8% in the year tojuly. its owner, news group newspapers, also revealed a £26] million legal bill related to phone hacking. the organisation fairtrade says the average woman cocoa farmer is paid as little as 23p a day, highlighting a massive gender pay gap in the global chocolate industry. the group wants governments and chocolate brands to join an alliance to increase women's pay. fairtrade says the uk chocolate industry is worth at least £4 billion a year, with brits consuming more per person than any other european country. up next — news briefing. for now, that is you up—to—date on the latest business stories. entertainment venues, businesses and local authorities could be required to put in place anti—terrorism measures under government plans to keep

monetary fund saying this will shave something of global... 0.196, but you have to take these figures with a bit of a pinch of salt because it really predicates at on this being dealt with fairly quickly. we don't know that yet because we don't know that yet because we don't know that a match this virus. there is hope that is warmer weather comes in the spring that the virus slows down, does not get passed around so much, because normally in the spring the flu and other viruses like this to fall away. we just don't know because we know so little about this, we have just because we know so little about this, we havejust got because we know so little about this, we have just got to because we know so little about this, we havejust got to hope. the world ‘s most powerful financial policymakers played all sorts of things in riyadh, we have had these headlines before, why should we not be cynical about this? —— pledge. the first is that they were talking about sustainable economic growth, which is an example —— which is interesting from an oil economy, they were talking about the

lebanon will ask the international monetary fund for technical help to address its economic crisis, according to government forces seeking to the reuters news agency. lebanon is facing a looming debt deadline, with a eurobond falling due on the month of march. the banking association says that i am ofof help n needed to rerestructurure the countryry's. two b big compapanies have drdrd out ofof the mobile event in ths month. they say they will not attend because of the coronavirus outbreak. theipmaker has also j joined exit. u.s. and chinese companies have already pulled out from the bibg event.t. the organizers are meeting t to rereview theheir options this friday. the e u.s. competitionegulator is demanding that the world's biggest tech companies hand over informatation about all of their acquisitions in the past decade. the federal trade commission wants to know if those firms bought start ups in a way that may have been anticompetitive. have previously been too small to face ftc scrutiny. their investigation will look at all acquisitions made by alphabet, amazon, apple, facebook, and micro

monetary funds, the world bank, and the president's council of economic advisers. he's is currently the professor of economics and ceo thank you for joining us. let's start with this outlook for the economy. you once famously earned the nickname doctor doom for your derek outlook and you are certainly out ahead of the financial crash and in 20,072,008. the u.s. economy right now it looks fair, steady growth, unemployment great lowest in 50 years gains arising financial markets looking optimistic and confident. what could possibly gurob with that picture? >> several things could go wrong, you are right absently the baseline is solid economic growth. the first of these is the coronavirus, we don't know yet whether it's going to be contained within china or not. but i would say that the markets are busier than they would be of v-shaped with the first quarter going to be shortly down in china and may be slow down the rest of the world. but the production of the second quarter, i feel in the days. [inaudible] this thing might be more than the first-quarter effects. seco

monetary fund has said it is likely to downgrade growth projections for the world economic outlook in april. i do not have. another number for you today but clearly. the the virus is going to have an impact on growth. a lot just depends on. the speed of recovery in in china and in other countries the spillover effects. the effects on supply chains and. the extent to which other countries may be significantly affected. with worries about both the health and economic implications growing governments are looking for global solutions but experts warn that the world is not prepared for what may come. well for more on the economic fallout from the coronavirus balika v.w. business is with is going to air a good morning why. break it down for us a little bit because this is really becoming a lot to digest at one time why is the corona virus hitting financial markets 1st of all so far and now i mean the corona virus outbreak was known for much longer it's been going on for weeks but markets so far have taken it in stride more or less but it was this week especially where markets got completely

he was previously at the international monetary fund. this is his take on the economic fallout from the coronavirus outbreak. what looked like an outbreak that had the potential to be contained and have limited damage is now certainly spreading into something that looks like it could be much more virulent for the world economy as well. i think disruptions both in terms of demand, because travel and tourism are being hit, and supply disruptions as well, because supply chains around the world are being affected and investment plans will be put on hold because of the uncertainty created by the spread of this virus and the lack of clarity about when exactly it is going to be contained. so there could be fairly significant damage both in the short term and in the long term economic growth prospects. if it is possible to quantify, what causes the most economic damage? the quarantine, the shutdown or the death or the nervousness and the panic on the market, the reaction from the market? financial markets seem to be taking this in a sanguine man

the international monetary fund has said it is likely to downgrade its global growth forecast for the year. health officials in california have confirmed the first person—to—person transmission of coronavirus in the united states, not related to travel. according to the centers for disease control, the woman had been active for several days before diagnosis. the state has only around 200 test kits for the virus. turkey says it is retaliating against syrian government forces after at least 33 of its soldiers were killed by airstrikes in the province of idlib. the developments mark a serious escalation in the conflict between turkey, which supports rebel forces, and the syrian government, which is backed by russia. now on bbc news, panorama. ina change in a change to our schedule programme, it is

the international monetary fund has said it's likely to downgrade its global growth forecast for the year. health officials in california have confirmed the first person—to—person transmission of coronavirus in the united states, not related to travel. according to the centers for disease control, the woman had been active for several days before diagnosis. the state has only around 200 test kits for the virus. turkey says it is retaliating against syrian government forces after at least 33 of its soldiers were killed by air strikes in the province of idlib. the developments mark a serious escalation in the conflict between turkey, which supports rebel forces and the syrian government, which is backed by russia. it is about 2:30 a.m., you are up—to—date with the headlines. now it's time for a look back at the day in parliament. hello again, and welcome to thursday in parliament. deja vu all over again, as the uk sets out its red lines for brexit talks. we want the best possible trading relationship with the eu, but in pursuit of a deal we will not trade away our sovereignty.