tv Business Deutsche Welle March 2, 2020 10:15pm-10:31pm CET
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i was to have ice cold water along the route any carrying technique is allowed as long as you don't drop your partner some may see the sport as politically incorrect in modern times but the winners disagree oh. you know what are you going to do to. a barrel of beer was the prize alongside the chance to compete in the world championship in finland later this year. a white one during. the ferguson is up next. i'm secure in the fire. that's hard and in the end this is a me you're not allowed to stay here we will send you back. are you familiar with this. with the smugglers with alliances. what's your story
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ready. i'm with numbers of women especially of victims of violence. take part and send us your story your train or with understand this new culture. you are nothing to little or nothing you want to become citizens. in full migrants your platform for reliable information. economists warn global growth could be cut in half of the corona virus continues to spread outside of china this adds factory output drops that the aviation sector faces get more turbulence look at the latest on the viral outbreak a from our correspondent on wall street. and if all that wasn't gloomy enough pharmacists here in germany are warning us medical shortages of the plight chains
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from china are disrupted by the epidemic. and maybe as brain drain is germany's game recruiters from europe's top economy look to africa and the search for qualified health care professionals. this is state of the business i'm kate vary from welcome. the organization for economic cooperation and development says global growth could be cut in half if the corona virus spreads widely so that come to a positive pond and europe would be likely to go into recession and growth in the united states could fall close to 0 the warning comes as the international monetary fund and the world bank say they're ready to make funds available to help poor countries stepped up their response to the virus. and for more on how all of this is playing out on the markets less cross knight financial correspondent yes caught up on the wall street. now we have seen
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a rebound on markets today but the misery is far from over especially when you look at manufacturing data run us through the numbers we're seeing from factories you know well what we got was those manufacturing numbers and they showed that there is a barely grows this index dropping to 50 point one percent everything below 50 percent. contracting economic activity and everything on top of 50 percent shows. growth so so due to the coronavirus so we see quite a few delays when it comes to the supply change on one side and on the other side also exports falling but here on wall street investors shrugged it off blue chips up by almost 1300 points by points that's the best day in wall street history after last week we saw the biggest drop by points in the
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history of the dow jones industrial average ok so we're seeing a lot of ups and downs here and he said investors may be shrugging it off g. 7 finance ministers though they're worried they're going to speak on the phone tomorrow to try to come up with a reaction to this crisis what are the options on the table yet. well i mean what we're hearing is that trying to work together and there could be some emergency countries for. emergency funding sorry for countries in need and then what options do you have you have fiscal options you have monetary options and especially if you look at the monetary side that's not the task of finance ministers that is actually the central banks around the globe that could specially here in the united states bets are increasing that the federal reserve at the next meeting in 2 weeks will cut interest rates maybe by 75 basis points and that
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scenario actually is really kept the markets going here on monday but overall analysts are skeptical if the worst is already behind us. thanks as ever for your insights. and staying on this topic pharmacists here in germany are reporting medical shortages as a result of the coronavirus many international drug companies rely on chinese suppliers who've seen their operations interrupted as a result of the outbreak. this should be where an antidepressant is stored but the drug is currently not available from this pharmaceutical wholesaler in germany supplies have dried up and so it can't be delivered to pharmacies around 300 medicines are unavailable all scarce in germany including this vaccine and the spread of the corona virus could make things even worse. the potential problem with the virus in my opinion at least is that many products and
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active ingredients are manufactured in asia. or if the corona virus becomes a pandemic i imagine we'll see more of a squeeze on pharmaceutical supplies then we already have. many drugs used in europe and the world as a whole made in india site tech pharma is one of the country's leading manufacturer is low wages have made india an attractive hub for the production of medicines. however not all a profitable to produce. with. the active ingredients can be very expensive but government policy demands the prices of finished products stay low. this discrepancy is causing problems for the indian pharma industry sometimes a particular drug simply becomes too expensive to make forcing some producers to
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close shop. the outbreak of the corona virus could dramatically reduce the number of medications india can produce that's because most of the active ingredients for drugs come from china are going to. stops exporting these raw materials to india and 90 percent of india's pharmaceutical companies could close down some patients could even die as a result. wholesalers such as foam the people say they try to build up stocks when drugs are available in larger quantities it helps them deal with supply shortages. there aren't usually any advanced warnings about supply shortages so there is political pressure on wholesalers to increase their stocks if i knew exactly what i should stock up on i'd be happy to do it but i don't want to take on a lot of risk after all medications are perishable goods. many
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wholesalers are also keen to avoid the cost of additional storage space with coronavirus continuing to sprint it could become hard to keep pharmaceutical supply chains running. into some of the other business stories making news around the world. the international air transport association says airlines stand to lose about $1500000000.00 as a result of the coronavirus airline representatives also say substantial numbers of passengers are not showing up for their booked flights. to. receive the prestigious car of the year award from the geneva motor show the united summit was made by a live stream as the real show was cancelled due to you guessed it concern about the corona virus outbreak. corporate leadership jack welch who transform a general electric into a highly profitable multinational has died at the age of 84 known as new trend jack for causing thousands of jobs market value grew 30 folds during his 2 decades up to
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help. the german economy is in need of skilled workers and healthcare professionals from abroad are especially in demand our next report takes us to namibia where recruiters are hoping to persuade nurses to begin their careers in germany good for europe's top the connery but potentially a brain drain for africa take a look. yellow a 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 a day off in germany have traveled to number to be a forward. person you know my name is yet to occur on 23 years old. i'm not married and have no children. nursing at university but has not found a job since it's
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a story many of her fellow students share maybe s. economy is in crisis at the moment with the chasm but she hopes that soon a job in germany will support her family financially i feel the same good opportunity for my personal. development. in my career. and for me for the things i want to do in the future once she has safety enough money she hopes to study more or return to number to be. the head of them to be a nurse's union demands more government investment he says most hospitals are understaffed and she fears that qualified personnel might not come back. the government did not say i was from there and they had to be also. because sometimes we are loosing a lot of money. which was supposed to be utilized. by
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the senior medical. system the health minister wants to employ an additional $4000.00 nurses but there isn't enough money to hire more now maybe $1.00 of the very few african countries that trains more nursing staff and it can employ. countries like germany. 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 and the country there has been a lot of talk about brain drain. but. this has not affected my maybe. the meantime the nurses and when took a waiting for the results of the chop interviews. and i can tell you that we have
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decided that we want all of you to come and work for us. just. really think it's very exciting and i can't express how i'm feeling very very excited they've got the job now the nurses just have to spend it which tests then they'll be off to do april. 8th in the league was released i. felt awful be glad to have that's it for me in the business team here in berlin and you can get more on our website that's dot com. thanks for watching.
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