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tv   Business  Deutsche Welle  March 6, 2020 4:15am-4:31am CET

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with all the news around the clock it's d.w. dot com i'm told me a lot of cool thanks for joining us. to . my 1st boss like mosul sewing machine. where i come from women are balanced by the social influence in something as simple as learning home to write them by psychosis and. since i was a little girl i wanted to go by cycle of my home but it took me years to them despite their. finally gave up and mentored by young guys like those but returns because sewing machine sewing i suppose was more appropriate for goes than writing i'm biased as knowledge i was
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a. woman back home full of bones by the duties and social norms and informed of old dead basic rights my name is the about of people homes and i wore hats to them. as the corona virus continues its rapid spread the united states presses ahead with an $8000000000.00 plan to battle the outbreak but the face of millions of uninsured americans from maine some clear critics say the crisis could expose serious gaps in the country's health care system. also coming out there are face masks and then there are face masks we visit a blue chip company that makes high quality respirators. it could be
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a messy divorce major differences emerge as britain and the e.u. begin negotiations for their posts for exit trying to relationship. onto waste not want not one enterprising woman in myanmar is turning trucks into treasure. this is d.w. business i'm craig ferguson welcome the united states wants to make corona virus tests available to everyone as soon as possible but there are 2 big problems the 1st is a shortage of kits the 2nd the millions of uninsured americans who may not seek medical help if they fall ill by the end of the week kits that would test 1500000 people for corona virus could find their way to hospitals in labs around the united states. increasing access to testing and health care is a crucial part of the administration's plan for controlling the virus but the demand is overwhelming i know everyone would like to know do i have the virus right
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now there's simply not the compasses be anywhere to do that kind of testing the trump administration is working with manufacturers to increase supply but many potential suppliers still need approval from regulators and that could take weeks 27000000 uninsured americans could be the bigger challenge though the white house is considering using a national disaster program to pay their medical bills. our objective is in addition to those tests being available. we want to get to a place where we're any american who has a concert is able to go to their doctor is able to go to a medical clinic and know that there's a coronavirus available in the meantime officials worry the virus will spread on detect it it's already infected $162.00 and much 11 deaths in the u.s. experts warn after viruses and contain soon it could become uncontrollable. for
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more on this let's cross slide over to financial correspondent jose luis de haro on wall street hi as a there you are look the american government has unveiled this 8000000000 dollar plan to fight the coronavirus but by the looks of it investors do not think this situation is under control tell us more. well if we take a look at the fear index and then sell off on thursday we did don't know nearly 4 percent. said no they don't think that the situation is under control even the emergency package it's more than welcome it will not have also an immediate effect at home u.s. investors are showing more and more signs of concerns since the divide keeps spreading here in new york for example infections doubled overnight and these are will continue taking a toll on businesses and economic activity more and more companies here in the u.s. are deuce rocked in their operations making their employees work from home while
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they try to to ourselves when they can go back to normal as usual the markets don't like uncertainty kate and until there are no clear signs that the virus is contained any kind of a stimulus one probably work its magic and how are they speaking of that uncertainty critics are saying that this crisis could expose major weaknesses in the american health care system he's got 27000000 americans who don't have health insurance what is the government doing to protect those people. for no kate as we heard before do u.s. government is think you know for pain hospitals and doctors for the care of uninsured people infected but nothing seems to be decided just yet aside from some legislators here in the u.s. demand. to help pay the bills of any patients tested for the virus there is some precedent here in $2500.00 for example congress appropriated
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a millions of dollars to reimburse the hospitals for the care they provided to ebola patients but so for people seeking testing and treatment are for larcher bills of hundreds if not thousands of dollars both testing and treatment are crucial to containing the spread of the virus and the current state of the u.s. health care system is proven to be a challenge to make sure everyone has access to both hugely contest contentious as he has a thanks so much as ever for your insights. now of course this is a rapidly evolving situation with a big impact on the global economy let's take a look at some of the latest developments italy has announced a 7500000000 euro coronavirus rescue plan the e.c.b. is encouraging euro zone banks to allow a stock to work remotely h.s.b.c. bank has sent over 100 staff and its london branch home after a worker tested positive and russia has canceled its main business showcase the st
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petersburg international forum to take place in june. so there appears to be no shortage of bad news but is anyone actually benefiting from the coronavirus well this is a good time to be in the harm sanitizer business and as you'll see in our next report business is booming for makers of high quality surgical masks. testing facemasks is serious business for 3 m. after older customers health is at stake and now the firm is ramping up production of its professional and $95.00 respirator demand since the coronavirus outbreak started in january has really been creasing and we have been increasing capacity to try to that demand but it is very high in the u.s. alone the government has requested 3 m. make $35000000.00 additional mosques per month while many companies are hit by supply chain disruption 3 m. has remained unscathed so far at least since we have this regional manufacturing
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model many of ours items are coming regionally and we're working with our supply partners very closely to monitor the situation if we start to see any disruptions will certainly work to alert our customers. more and more people are wearing face masks on the street to put priority for new branches goes to health care professionals and critical workers so huge and sudden is the surge in demand the reward is that 3 m. along with its competitors honeywell and kimberly clark will not be able to keep up with the changing face of the outbreak. world food prices have dropped for the 1st time in months united nations calculates changes based on a basket of cereals dairy products and sugar prices fell by one percent in february following 4 months of increases the u.n. food agency says the virus contributed to the full by pushing chinese imports.
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let's change focus now britain and the european union have been holding their 1st round of post breck's the trade talks several major sticking points have already emerged they include competition policy fishing rights and criminal justice and law enforcement the 2 sides are aiming to strike a deal by the end of this year if they don't britain would have to trade the block on terms set by the world trade organization. here's what the exit negotiator michel barnier hot say about the stace of the relationship or of differences. as progress because there are only one round of negotiations but some very very few can hope. to continue to believe that we can reach a good agreement for both sides. opec ministers have proposed cutting oil production by one and a hoss 1000000 barrels per day they announce when it comes as members of the cartel
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hold talks in vienna where like much of the rest of the world health conscious behavior including shaking the seat instead of han's was being encouraged complicating matters though is the fact that russia a nonmember doesn't appear willing to participate in cuts falling demand has pushed oil prices down nearly 25 percent since the beginning of this year. on mars textile industry has grown into a $1000000000.00 business but as the garment sector booms so do the mines of waste 8 truckloads of plastic are dumped into the nation's longest river every single day that's prompted one local manufacturer to turn that truck into treasure. as plastic piled up in the landfills near her house in yangon myanmar wendy name you had no idea. why i wanted to transform trash from the ugly landfill site
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into beautiful i don't. know with this technique and able to help save the environment and earn a living. that's my ambition to learn who we are and then. after gathering thrown away materials like tires coffee bags and plastic bottles wendy and her employees head back to her workshop in store it's called choo-choo house which means plastic house after the team cleans the items they cut them into strips and melt sheets down into workable materials that can be made into bags wallets and even belts. the shoppers here say they like the message behind the products i think this is a great project just to see how you can reuse all the materials that are just thrown away nowadays and you can reuse them and create something great magical just a few elephant for example which i really like. love and it's a really great sunia and it's better than just to produce something that is going to be thrown away to reduce material as you can actually recreate something as
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beautiful as this is when he says her city alone throws away 2500 tons of waste every day and her mission that she to house is to show people ways to reduce reuse and of course recycle. impressive stuff and that's it for me and the business team here in berlin you can get more on our website that dot com slash business we're also on social media to drop us a line on facebook treasure coming if the buy and take. one
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of skilled professionals to a worldwide market. if you don't mind moving you could find your dream job. careers from a dorm room for young highly professional. but is it all too good to be true there is a dark side to the international job market. made in germany. because. our clothes our lifestyle choices and fashion statement
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but they are a smaller and the environment. done this design excellent blazing new paths with garments made from plastic paper planes now i'm back sas no tomorrow stylish. and go friendly eco africa. in 60 minutes on t.w. . beethoven piece for me. beethoven is for you. beethoven as for hell. beethoven is for. beethoven it is for the.
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beethoven is for. beethoven is for every one. beethoven 202250th anniversary here on do you. globalization is being put through its paces there's a whole world of job opportunities out there if you're willing to move abroad and have the financial means but a tiny little virus has infected the globe's highly and it's wind supply chains that flowed through china revealing how vulnerable many companies have become on the move you often.

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