tv Business Deutsche Welle March 3, 2020 4:15am-4:31am CET
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love last year which is also a 10 time grammy winner. coming up next business with kids to keep up to date with all the latest news around the clock visit our website . called and told me a lot of cool thanks for joining us. my 1st boss i was a sewing machine. icon for all women are bones by this notion for women something as simple as learning how to write them by said both knees and. since i was a little girl i wanted to have both eyes i'd lost my home but it took me years to been there. finally begin bob invented by young minds like this but returns because sewing machine sewing i suppose was more appropriate for goes than writing about.
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knowledge i want to meet those women back home who are bones by the duties and social norms and inform them of old dead basic rights my name is dave out of the home and i work see them. economists warn global growth could be cut inhofe if the coronavirus continues to spread outside of china this sounds fox reality put drops on the aviation sector thanks as get more charged and look at the latest on the viral outbreak a from our correspondent on wall street. found a fold out wasn't gloomy enough pharmacists here in germany are warning us medical shortages of supply chains from china are disrupted by the epidemic. and then maybe as brain. it is germany's game criticism europe's top economy looks to africa
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and the search for qualified health care professionals. this is a business i'm very welcome. the organization for economic cooperation and development says global growth could be cut in half if the coronavirus spread widely so that come to posture upon 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 step up their response to the virus. and for more on how all of this is playing out on the markets left cross night financial correspondent yes quarter on the street. now we have seen 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
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you know well what we got was those manufacturing numbers and they have showed that there is a barely grows this index dropping to 50 point one per cent everything below 50 percent and. 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 reacted all 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 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
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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 one of the options on the table yes. well i mean what we're hearing is that they try to work together and there could be some emergency countries for the 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 of banks are increasing that the federal reserve at the next meeting in 2 weeks will cut interest rates maybe by 75 basis points and that scenario actually is what 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
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insights. 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 a virus in my opinion at least is that many products and active ingredients are manufactured in asia. if the corona virus becomes
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a pandemic or 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 sign tek 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. was going to do up there 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 close shop. the al break of the coronavirus could dramatically reduce the number of medications india can produce that's because most of the
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active ingredients for drugs come from china. so you know no stops exporting these roll 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 from the people say they trying 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 or. many 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
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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 to to you guessed it concern about the corona virus outbreak. corporate leadership jack welch who transformed general electric into a highly profitable multinational has died at the age of 84 known as new trend jack for causing thousands of jobs to ease market value grew 30 folds during his 2 decades of the help. that the german economy is in need of skilled workers and
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health care 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 of connery but potentially a brain drain for africa take a look. likely 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 for it. has 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 a story many of her fellow students share maybe s. economy is in crisis at the moment with the cousin but she hopes that one of jop in
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germany will support her family financially i feel they said good opportunity for my personal. development. as well and for the things i want to do in the future once she has safety enough money she hopes to study more or return to namibia. the head of the number of young nurses union demands small government investment he says most hospitals are understaffed and that qualified personnel might not come back. the government in the 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 the scenery by a medical people system 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
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african countries that trains more nursing staff than it can employ a. country like germany. you know i think they have different approaches to different clinicians so it is also good for them to get exposed. and then come back to play in the country there has been a lot of talk about brain drain. but. this has not affected my maybe. in the meantime the nurses in the ring took a waiting for the results of their top interviews. and i can tell you that we've decided that we want all of you to come and work for us. just.
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really so it's very exciting i can 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 just april. 8th the young girl was legal. to have that's it for me in the business team here in berlin you can get more on my website dot com slash business we're on social media attention to off a line on facebook and twitter for me if i can take care.
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going to wear with a clear conscience. the fashion industry is going green a lot of companies right sustainable on their label. but 1st this clothing really meets sustainability standards where you go undercover to find out eco friendly fashion green machine or of the real deal. close up. next d w. in the. cozy
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beethoven is for us. is for the more. beethoven 2020 the 250th anniversary here on w. . with drew me in. and whatever i like i buy it. and these days ecofriendly right. as it is class day every day so clothing that we buy or where contributes massively to the pollution of our horses side cursed our factories are still poisoning the controversy how can that be and how the best toxic substances end up in.
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