thousands of flights early next week it also banned foreigners from entering the country for 2 weeks or the 50000000 people working in the travel and tourism sector could be at risk of losing their jobs as a top pandemic threatens to deal a major blow to the industry in the u.s. state of louisiana will delay its presidential primary due to fears of the virus making it the 1st state to so to do. because of cobra how's your data business updates next we'll have more world news at the top of the. managers to no good today nothing would change you know the banks pain. and so watch the language of a bank running. for speaking the truth global news that matters g.w. made for mines. every journey begins with the 1st step and every

language the 1st word i looked into nico is in germany germany. why not permit him. to do stuff in simple online on your mobile and for e. d w z e learning course. german made easy. it let it. be corona virus outbreak is now a national emergency in the united states president trump said he would open up access to the billions of dollars in funding he also wants private companies to get heavily involved in fighting the virus look at the market's reaction also coming up with germany he signs off of the biggest aid package since world war 2 to keep

business going a shutdown's effect for more and more e.u. nations. and the spreading coronavirus puts the tokyo olympics in the question. of course coburn berlin welcome to the program the u.s. government labeled the corona virus outbreak a national emergency on friday as a result president trump announced a raft of measures to tackle the worsening pandemic which has led to more than $600.00 factions in the united states and more than 40 deaths from promised $50000000000.00 to fight the outbreak and septic giants and big pharmaceutical companies would be included in the effort markets reacted positively after some of the worst losses in its history in recent days the dow jones industrial average closed 9.4 percent up nearly 2000 points for. for more let's bring in quarter in new york our financial correspondent

there yes that was quite a few areas rally we saw there towards the end of the trading session it looks like president trump gave the address that markets have been waiting for. it has been a point gain of almost 2000 points by points it was the best day in wall street's in history for the week we're still down 10 percent and i'm not fully sure what really got the market so excited for instance the us president donald trump did mention that no agreement no deal could be made so far with the opposition so was democrats for example on tax cuts and yes we will get more tests here in the united states but was that we will probably see quite an uptick in corona virus infected people here in the united states so it was a bit puzzling help positively wall street reacted why you had the u.s.

president was speaking and give us your take on the heavy involvement of the private sector that the president was stressing there google is supposed to set up a website about testing pharmaceutical companies are supposed to get involved. yet clearly i mean if you get the private companies involved you say from here on the on the government side but that's not really going to get the economy going and that is the big question mark and we did not really get concrete answers from president donald trump how he's going to actually get the economy started and well with google making it more transparent and if you should get tested or not that's a nice move but it's not really going to change the ongoing crisis at this point at all. the president also said that the u.s. is to buy large quantities of oil for strategic reserves what are we to make of

that. well what we clearly did see is that the oil prices started to spike quite a bit after those some comments that has been one of the worst weeks for oil prices at least since the early ninety's so now we hear this demand from u.s. president proposal from u.s. president donald trump that. the u.s. should be looking at increasing the strategic oil reserve but well i don't really know now and i think many people do not know how much stock in space there is left if there's really going to be a huge amount of oil that's going to be purchased so it did help the price of oil when the market closed but we are still short of details also on this end and scored in new york thank you as covered 19 and spreading across large parts of the globe it has been leading to drastic

countermeasures sweeping travel bans walling off countries and even entire continents keeping people inside their homes and slowing the engines of commerce to stem the pandemic central banks and governments are trying to fight back with massive aid packages and because of germany were the biggest since world war 2. 2 ministers with one clear message germany's government promises it will do everything in its power to soften the economic blow for workers and small businesses and unlike during the global financial crisis in 2008 banks won't be at the front of the line for relief. he says my mom did i mean we were making in the unlimited commitment of the smallest mid-size business from taxi drivers to the creative economy to large enterprises with tens of thousands of employees. and the this is. the government is offering emergency loans to the state owned a k f w development bank. it's earmarked $500000000000.00 euros to help companies stay

afloat businesses will also be allowed to defer tax payments earlier on friday the german parliament passed new measures also ensuring financial support for workers who are likely to see their hours and wages cut during the coronavirus pandemic. and looked on as lining up for that state aid in particular the german flagship harris says it's approaching berlin as well as other governments also owns swiss austrian and brussels and lines of towns us chief executives attending a meeting on the coronavirus between german chancellor angela merkel and industry bosses currently the outbreak has hit the airline sector particularly hard with bookings taking a nosedive and the european union has earmarked 37000000000 euros in structural funds to help out companies impacted by the coronavirus crisis here's what the commission president or the last underlining to say we don't know the guy not only

. it is a major. label and all the european economy i mean. and bold action and this and all. 50 not a 7000000000 euro not respond. to money. to the health care. to not even more. to the port from only. numerous profit sports leagues have suspended their games over fears of coronavirus contagion the summer olympics in tokyo have been cancelled yet but there are certainly talk about putting multibillion dollar investments at risk. everything's ready to go 8 sports stadiums have been built japan has invested

billions on is right on schedule with the preparations in fact the optimists could come right now but there are calls for delay even from u.s. president trump but japan's a limp dick minister is still optimistic. and i didn't but i thought on the hudson . i'm aware of president trump's comments but neither the i.o.c. or the planning committee is considering postponing or consing the games. even though very few virologists expect the pandemic to be under control by summer the organizers are refusing to admit defeat there's too much money at stake. this got out when people took the calling off the games would mean a loss of $17000000000.00 euros plus another $120000000000.00 because the lack of tourists would be a huge blow to japan's economy. but many of the country's residents are fully expecting the event to be councils. preaching it would look. if

you want to be considerate towards the athletes then you shouldn't hold the event if you carry on regardless on the coronavirus gets worse he's going to take responsibility and i think about that outlined it was postponed until next year that wouldn't be so bad i could still look forward to it but i would be a real shame if they cancelled it altogether. there's still a glimmer of hope that there will be a vaccine by summer but without one many feel it would be reckless to let such a massive international event go ahead. and staying in japan the region of focus has a long tradition of making the highest quality around but as you know it's also home to one of the worst nuclear accidents in history 9 years on some parts are still off limits so how have the famous soccer companies managed to stay afloat. over the years yoshihiro mia maurice flagship sakis sharrock who has become one of japan's

most popular sucky brands after the earthquake in the following tsunami and 2011 nuclear reactors in fukushima started melting down and radioactive material was released from the damaged reactors that caused concerns about the effect of radiation on rice and water and what worried it as at the read about it was using rising water from fukushima heidi. we have been told about their concerns many times. 9 years on fears over radioactive contamination in food continues but in spite of that fukushima is still the most renowned prefecture in japan for making socket brewers here still win the most trophies at japan's infamously tough soccer competitions despite the uncertainty caused by the disaster . now on the move right after the earthquake we had no idea what would happen.

like the amount of radiation there would be in the race we had nothing to compare it to. i was concerned we wouldn't be able to make saki until it was confirmed that the radiation levels were safe. before. they get i'm sure other soccer makers in fukushima felt the same way. the fukushima region is hoping for a boost when the tokyo 2020 live big. begin on march 26th. and that's our show i'm from me and the entire team let's all watch.

to the point. clear position the international perspectives of. more than a 100 countries around the world are in the grip of the current virus thousands have died and many more are infected and this business has struggled to stay alive great fears of a global recession signs a deal with the i.r.s. to find out old to the point short. term to catch. up to 60 minutes on the t w. 3 to any

surprises. the bulls. the fleet street. for a time the wanted but still very much alive the only new travel guide to specialists in germany moved to recognize where exactly. it was fun and learning a lot of our culture history a mere. detail travel extremely worth a visit. in the art of climate change. the city. people.

want to use today the future of. g.w. dot com there to serve the making give us a clear picture. this is state of new south africa coming up in the next 15 minutes brace for it that's the message from the south africans gasman says the number of coral in the virus case is rising. weather related. just did. so that. it was fishing for birds and simple.