tv Business Deutsche Welle March 2, 2020 7:15pm-7:31pm CET
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media law enforcement and they're saying all these allegations are not true so they will be definitely voting for him no matter what ari did a few correspondents a tiny kramer thank you so much for your continued coverage. and that does it for me only a la her rock embroiling going to hand you over now to my colleague ben facility who has a business africa headlines lined up for you and i'll see you again tomorrow. and. cast language courses. video and audio. anytime anywhere. w. media center. in the. climate change.
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assumes. that seems to be. one of the years today the future of. g.w. dot com i guess if the making of it. could turn. a big turnaround on exchanges global stocks rebound and that's despite even more economic news that's bad the coronaviruses showing the holdings of global growth and the airline industry is looking into an abyss. the market for peanuts booms in senegal but rising prices create a hard nut to crack the producers. and these women from nigeria or the media rob
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the have all been invited to work in hospitals in europe but there is a catch. i've been fizzling let's do business the i.m.f. and world bank say they stand ready to help find. the growth of ours is a lot to do airlines reporting up to hoffer all airline passengers and showing up for flights because of concerns over the outbreak the international air transport association thinks the virus could cost the industry as much as 30000000000 dollars this year. planes are taking off half empty airports are deserted. as new coronavirus cases spread around the world the costs are piling up for the global airline industry. carriers have reported that up to half of passengers aren't showing up for some flights no more than 50 people and the whole plane this was the 1st time the plane was empty. fears over the spread of the flu like virus
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and government imposed travel restrictions have left many has a tent airlines have been forced to cancel thousands of flights to china iran south korea and other areas hit by the outbreak. the world has gone through warse situations than the coronavirus and have managed it very well and we hope that that is being taken you know by people themselves but airlines by airports by regulators by governments you know i mean it would actually help manage the situation but the need to limit damage goes far beyond the airline industry as the new coronavirus forces some major tourist attractions to close their doors and businesses to shut down the risk to the global economy is becoming more apparent the world trade organization describes the likely impact as substantial leaders around the world are still getting to grips with what that will mean for their regions on monday the organization for economic cooperation and development said the outbreak is likely
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to leave the world's finances in poor health than previously thought it's now expecting the global economy to shrink this quarter and has lowered its growth forecast for 2020 saying it could be as little as 1.5 per cent. i also picks top economists. how she can be so certain about the economic damage when there are still so many are known about 19. well this is a very good question and we are not so sure as you see it is a lot of them said and you can that we can also look where the plan and how they're going to spread for the how we're going so what we have done here is too good to see now and it's why. we stays growth lead and what it is today and in which case the will go with would be downgraded by a point 5 percentage points can be at moments ago and one downside to now you are
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experts well whitely it was. nice if it can and do nothing really count and europe and that's where we we can guess by 1.5 but there's a lot that certainty that we should not permit its effect prices and it's the containment measures which have a massive impact on the economy so what do economies have to do because i know that central banks aren't used to fighting off viruses well absolutely so central banks should send a signal that they stand with the twats and that they can ensure financial stability within our frequent teeth and this. government can do is i would say the early even more important because geithner meds can ensure that people keep their shell that they keep some income in the same way with sex with it shouldn't be shocked at working schemes they get also ensure that. it's small the iris with value starts postponements and we did sion but what we're trying to do is
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given the entire ball and policing measure so they're going to act now the hospital thank you very much for joining us from the o.e.c.d. . i asked our financial correspondent ali but if central banks have the equipment to fight off the flu. no they don't because they have the wrong kind of equipment they can fight off economic problems yes i agree with the wrong spoon on that but this is a supply side problem at the moment mainly people would love to buy stuff and they have the money to buy stuff it's not to high interest rates or to a little liquidity to little cash in the market that's preventing that it's simply a good coronavirus to quarantines the people who aren't able to produce or aren't able to ship are preventing the logistics side from coming to fruition and what the central banks can do. is side effects and after effects help mitigate the effects and help the people who are affected by this in the aftermath get credit for ups
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good bridge financing for lost revenue is. that the frankfurt stock exchange. and some other related stories making headlines this now authorities have cornered 150 workers have been used for research and development facility in munich they'd all been in contact with a member of staff and tested positive for the corona virus the company said the workers home for 3 weeks. has instructed airlines to stop selling tickets to nationals of 35 countries to prevent the spread of the virus on the list of britain china japan the u.s. and iran a civil aviation agency wants passengers from those countries will be turned away. africa is becoming better equipped to deal with the new growth of ours with over $24.00 countries now able to taste the illness at the start of last month it was only 2 there were 6 confirmed cases in africa. zimbabwe's mining workers getting a pay rise. of mine workers union has reached
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a deal to triple the salaries of its members its lowest paid workers will now receive a voice $200.00 u.s. dollars a month to the struggling with surging prices and food shortages inflation is expected to rise 15 percent this year. germany's health system is ailing not enough skilled workers recruiters have been flying to africa to find new personnel but as our correspondent at increased reports from namibia officials are wired that too many qualified nurses could be lowered away. slightly nervous. she's only been learning german for 5 months and is about to do her 1st job interview in the language staff members from the university hospital just off in germany have travelled to nummy bia for it. personally and my name is yet to occur and 23 years old. i'm not married and have no children.
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studied nursing at university but has not found a job since it's a story many of her fellow students share maybe s. economy is in crisis at the moment with the cousin but she hopes that soon a drop in germany will support her family financially i feel it's a good opportunity for my personal. development. my career. and the way for the things i want to do in the future once she is safe enough money she hopes to study more or return to namibia. the head of the namibian nurses union demands small government investment he says most hospitals are understaffed and she fears that qualified personnel might not come back. the government in the say i was from him and he had to be forceful. because. sometimes we are loosing
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a lot of money. which was supposed to be utilized. by the scenery by medical people to scam the health minister wants to employ an additional 4000 nurses but there isn't enough money to hire more now maybe as one of the very few african countries that trains more nursing staff than it can employ. a country like germany is a developed country. and they have different approaches to different clinicians so it is also good for them to get exposed. and then come back to a place in the country there has been a lot of talk about brain brain. but. this has not affected my maybe. in the meantime the nurses and when took
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a waiting for the results of the chopper interviews. and i can tell you that we've decided that we want all of you to come and work for us. just. think it's very exciting and i can express how i'm feeling very good he said they've got the job now the nurses just have to spend it which tests then they'll be off to do a pull. the learning curve there was you know i said of goals peanut industry is proving a success china is buying record numbers of shell knots prices are going up which is great for the growers and shell is not for local bias. cowra lak is a high of peanut production here in western senegal most family run farms rely on ground nuts for their main source of income. once harvested the nuts are either
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processed locally or exported last year senegal produced almost one and a half 1000000 tons of peanuts a record 200000 tons went to china and the chinese pay well $300.00 c.f.a. francs per kilo the equivalent of about half a u.s. dollar shelled peanuts are worth even more so. it's a free market for over 20 years we sold us a loss this year we made a big profit that's important because it means we've turned a corner. a bottle. not everyone in the industry is excited about the higher prices though many local processing companies like those who produce peanut oil for example can't afford to compete with the prices china's prepared to pay that's putting local processing jobs at risk. but growers say they have a right to earn more. big good news for our family we can't sell peanuts for
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200 c.f.a. francs a kilo others are offering this 300 you know what i would make sense. in january the senegalese government placed a ban on exporting peanuts to give the domestic market time to recover the longer term it says it wants farmers and peanut processors to sign contracts with each other. as the business of.
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green machine or of the real deal. close up. in 60 minutes. story some people world over information provide. the means for the want to express g w on facebook and twitter up to date and in touch follow us. law. this is the africa coming up on the program. sometimes we eat once in a day sometimes when we find some of the sources we twice and. the u.n. says it has never seen anything like it 45000000 across solving africa threatened with farming and the culprit is climate.
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