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tv   DW News  Deutsche Welle  March 13, 2020 10:00am-10:16am CET

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this is g.w. news coming to you live from berlin and adjusting to life with the corona virus as europe becomes the new epicenter of the disease people face the new reality of shutdowns travel bans and calls to give up social contacts to slow the spread. germany wraps off its response as coronavirus cases jumped more than 2000 chance but i'm going to michael warns against large gatherings but stop short of closing schools as.
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well i'm terry martin and welcome to the program governments across the world are intensifying their efforts to contain the coronavirus many countries are closing borders and shutting down all public life saying that's the only way to slow the spread of the disease stock markets have sustained the biggest losses in decades more on that the moment but 1st a look at how many americans in europe are scrambling to return home before a ban on travel to the u.s. comes into force in a few hours time. a rude awakening for many americans in europe departure halls were packed as travelers scramble to get home after hearing that the u.s. is restricting travel from the european union starting at midnight eastern standard time on friday it was pretty crazy because it sounded like 2 am we were on a. train to the airport 3 flights were on
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a fly by like 9 am yeah i thought a little bit more heads up would have been nice because we freaked out and we found out so i guess communication wasn't great the ban is expected to affect more than 7000 flights scheduled from 26 european countries in an attempt to get a handle on the 1900 outbreak but some say trump's decision will do little to stop the virus from spreading. he is facing a lot of criticism because of this trouble then not only in the you were at but but also here in the u.s. with many experts say that it's too late that the virus is already here across the atlantic medical staff in italy are exhausted more than 12000 people have been infected there and around a 1000 have died only basic food stores and pharmacies remain open doctors are having to make tough decisions there aren't enough mechanical ventilators and hospitals to treat seriously ill patients. the e.u.
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has expressed solidarity and promised the crisis stricken country billions of euros in 8. the pandemic is having a big impact on the world economy sending stock markets into a tailspin on thursday the new york stock exchange had its worst day of trading since 987 the dow jones dropped 9 percent after the opening bell and trading had to be stopped in for 15 minutes for the 2nd time in a week around the world fears of the pandemic are hammering markets the selloff in the u.s. came after president trump's travel ban announcement sparked fresh market panic in asia and europe follows days of market drops as investors fear that governments can't contain take of it 19 planned. well for more on how the credit buyers is likely to impact the global economy and germany's economy i'm joined now in the studio by get whatever is from d.w. business and our political correspondent nina good to see you but let's start with
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you get hot it's not just the world of high finance not just the markets that are being hit by this pandemic the real economy is getting hit to how bad is it well it is bad already and it's going to get was and it is indeed as you say it's real companies that will be going on the it's real people people that will lose their jobs this morning i spoke to see overlarge fashion retailer here in germany told me 2 interesting things one china their chinese supplies are actually coming back online it's not just the chinese government pretending oh everything's fine is actually there are workers are returning to the factories there and secondly he said well we're a large company we have supply chains all over the world when china stop delivering goods to us we could switch to bangladesh with that switch to turkey and once they get these countries get it we can switch back to china because they will be over the hill by then so it's the companies will get a hit but they won't go on the it's the small company. they have them but one
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medium size companies who don't have these kind of networks who are really in danger and they form the backbone of the german economy ok government plays a role here of course to transfer going to medical met the premiers of germany states on thursday evening to coordinate measures to contain the spread of the virus she told reporters that her government was following the advice of leading medical experts and was doing everything possible to assure that the health system could cope she said public health was her number one priority but she vowed also to safeguard the german economy by all means necessary. in light of the turmoil in the markets germany will do whatever is necessary to help its economy and secure and jobs. with that since we have agreed that tomorrow the bluntest and the bone to scott will begin drawing up a plan to compensate workers and companies for reduced working hours programs to provide more security to them. so
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channel michael they're committing to help german companies through this crisis what are those commitments mean in concrete terms you know the german government announced earlier this week that they are working on a comprehensive economic aid package and later today we'll hear from the economics minister. and the finance minister l.f. so it's about the details we've already seen short time work regulations being adopted to that change in the situation but we'll also probably going to see and measures like liquids liquidity packages so that companies can keep working even if they have to send people home because they will all whether they're dealing with this demanded cetera and then tax deferrals are on the pay on the table as well as self little's in the key players of the german economy this evening so we'll probably hear even more in the course of the day talk to us about the level of exposure of the german economy here how vulnerable is well the the. an economy is
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as a very export oriented economy is vulnerable on 2 fronts it's. this supplies side they have supply lines all over the world and they just have trouble to deliver to manufacture their goods and but also on the other side the demat demand is slowing around the globe so that is that's sort of a double whammy for the german economy if you well you know as an export ing nation germany relies on other european countries in particular to buy its goods is the german government doing anything to support those other european economies well of course and i believe it was interesting when uncle americal explicitly mentioned the so-called debt brake and the so-called black 0 those a very important was had will probably attest to that as well in when it comes to the geminis rigid budget discipline so that is a very clear sign that the german and government intends to throw all its weight
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behind efforts to make still a german companies can keep afloat but it doesn't stop that of course germany is the europe's most important economic powerhouse and of course it relies on strong european partners and america has announced that she is in close contact to coordinate efforts to keep life going as much as possible or to even alleviate presses on the pressure on companies by coordinating with a european partners and so health ministers are talking on a daily bases about measures but also you leaders are in regular contact ok so fiscal discipline might no longer be the priority that it was for the government to go what sort of scenarios are german companies preparing for in the coming months are they anticipating economic stimulus infrastructure investment programs well i'm sure that they that's what. i would love to see whether that comes. comes to the
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table i don't know it doesn't look like not the moment but there's signs that we're hearing that. promising i should say and we have to we have to wait and see i think and can i can i just add that of course it's a big thing when the german chancellor said that these are more extraordinary times than during the banking crisis 10 years ago so that is a very clear sign that germany is dealing with this crisis is taking it very seriously indeed and maybe will not stop even thinking about steps such as bailing out companies or you know drastic measures what can we anticipate this because this is a very fast moving story we know that there are a lot of meetings that are going to happen today can we expect any news coming out of germany that will be relevant for people watching this program from outside. this is a very dynamic situation you're right there are press conferences all the time and of course this morning for example the topic of school clothes is was on the table
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so of course this is also something what people are saying and how are we going to cope with that if my school is closed and who's going to pay if i can't afford to stay at home for example so all of these issues are on the table but varia will close its schools the very being one of the big states here in germany as of monday and an economic powerhouse it must be said in itself as our political correspondent go out of business to us thank you so much. the wife of canadian prime minister justin trudeau has tested positive for the coronavirus sophie quake while trudeau has just returned home from a trip to london where she experienced mild symptoms according to an official statement prime minister true to himself is in good health with no symptoms of the virus but he will be self isolating and working from home for 2 weeks as a precaution kind of a has reported almost 150 coronavirus cases and one death. here's
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a look at some more of the latest coronavirus developments south korea has reported its lowest number of new infections in 2 weeks and for the 1st time the number of people declared to have recovered has exceeded new infections good news there. is interior minister has been hospitalized after testing positive for the corona virus singapore has banned cruise ships a bit cruise ship visits and mass gatherings effective immediately nepal has canceled all climbing permits for mount everest and other himalayan peaks it's also revoked visas for foreigners until the end of april. environmental activists grazer to bourke has called on campaigners to avoid mass protests as the corona virus spreads but she says her fridays for future movement will organize online strikes instead the credit is having an impact on pollution in china where
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the disease originated there it has led to a decrease in carbon emissions says economic activity slowed but as we report many believe the effect will only be temporary. the surgical mask a popular home remedy against airborne threats until a few months ago smog and car fumes were the greatest concerns to urban dwellers such as those in vietnam but now the corona virus has taken over as the biggest worry for many as air pollution has dissipated the virus has emptied the streets of china's megacities and manufacturing has slowed. drastic quarantine measures implemented by chinese authorities have resulted in significantly cleaner air as this graphic from the world meteorological organization shows china is now emitting 25 percent less greenhouse gas a small victory against global warming. we've seen with the drastic measures that china has taken with regard to corona that the missions have gone down seriously so
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people are working from home and manufacturing a slowdown so these are the kinds of drastic measures that we will have to take for climate change and it's better to chew it kind of sooner rather than later cause i'll be more painful the longer we wait. scientists have long been sounding the alarm on climate change. 2019 was the 2nd top to see it on record with the fuss that gets the hottest in human history. you know house gases concentrations at the highest level in city 1000000 years but while countries have been slow to act in the face of global warming many have now implemented drastic measures to slow the spread of the coronavirus. the climate crisis is somehow much more abstract than the virus and that's why i can't say how many people will die because of climate change but the virus you can calculate it that's why it's a bit closer. well hey if humanity dies off
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from the corona virus what does the climate model. does and i know beyond my hope that we have a vaccination against the virus in a year and a half but the climate crisis is the most important task of the millennium i think without exaggeration one of the what. many people in china have already recovered when the coronavirus crisis passes experts say manufacturing will catch up on what it had not been able to produce that means the corona effect on the climate is probably just temporary. only coronavirus and is certainly making itself felt in the world of sport european football's governing body wafer will meet next week to discuss plans for competitions including euro 2020 years some other developments all major sports in the u.s. professional baseball basketball soccer and hockey have been suspended the p.g.a. golf tour has been banned spectators has banned spectators from attending
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tournaments until after april fit the a.t.p. tennis tournament has suspended the men's tennis tour for 6 weeks real madrid's football and basketball teams have been put into a coroutine and spain's football league has been suspended for the next 2 weeks. and that's good news rob thanks for being with us. to go beyond. that. we're full of the stories that matter to. us. whatever it takes. a running cut extension live. double lives made for mines.

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