of the disease the w.h.o. has warned it's impossible to know when it will peak italy has recorded the highest number of daily deaths since the outbreak began. you know your business is up next christophe cobra will have more about how the coronavirus is impacting global markets watching news from berlin you can get all the latest information around the clock on our website that's d.w. dot com thanks for joining us. staying up to date don't miss our highlights. program online d.w. dot com highlights. i think is everything 1st on how to make a muslim. school much different culture between here and there challenge in court

if the. tradition is the same i think it was worth it for me to come to germany. on license to work as a swimming instructor to shine our 2 children $100.00 just one last time just to show. what's your story take part cherish on info migrants dot net. cut. the corona virus outbreak is now a national emergency in the united states president trump says that gives them access to billions of dollars in extra funding he also wants private companies to get heavily involved in fighting the outbreak bro gets the latest market reactions also coming up germany's signs off on the biggest aid package since we're. world

war 2 to keep business going as shutdowns affect more and more nations and the summer olympics in tokyo have been canceled over the coronavirus yet but they're certainly talk about putting multibillion dollar investments at risk. because coburn berlind welcome to the program the u.s. government labeled the coronavirus outbreak a national emergency on friday the president announced a raft of measures to tackle the worsening pandemic which has led to over 1600 affections and more than 40 deaths in the united states this interim promised $50000000000.00 to fight the virus and tech 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 more let's bring in 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. well water reaction has been a point gain of almost 2000 points at these by points it was the best day in wall street's of 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 with 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 whole positively wall street reacted why you had the u.s.

president was speaking and yes 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. you know 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're still really short of details also on this end and scored in new york thank you as cover 19 spreads across large parts of the globe has been leading to drastic countermeasures

sweeping travel bans the walling off countries and even entire continents keeping people inside their homes and slowing the engines of commerce to stem the deep endemic central banks and governments are trying to fight back with massive aid packages in the case of germany was 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 and dad were making 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. the same house in the bush a fish. 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. a german flag carrier as one company lining up for that state aid the highest profile economic casualty of the coronavirus pandemic so far has been the aviation industry the funds that is approaching berlin as well as other governments bookings have taken a nosedive also asking for government support the scale of the dutch subsidiary of air france k.y.m. it plans to slash up to 2000 jobs and cut working hours by one 3rd meanwhile british airways management told staff that quote aggressive downsizing and job cuts would be necessary because of the coronavirus calling it a fight for its life. the european union has earmarked 37000000000

euros in structural funds to help companies impacted by the coronavirus here's what commission president was a friend of mine had to say. not only. that. it is a major. all the global and all the european economy only have to take decisive and bold action model and this on all different levels. we're going to not only $37000000000.00 euros coral not respond to investment initiatives to grant support to the healthcare sector to the labor market. all. for the president of the e.u. commission or the love underlying speaking there and that's look at how the spread of the corona virus is having an effect elsewhere in the world tesla is temporarily pulling its employees out of germany after the coronavirus entry ban imposed by the

u.s. on passengers from the european union and want to thank the schedule for building the plant here belinda tesla wants to begin production there as early as july 2021 . this big volatile day ahead cryptocurrency stupid car and suffered its worst daily loss of nearly 7 years on thursday plummeting by almost 40 percent and it fell another 20 percent on friday to its lowest level in almost a year it can face the challenges in becoming a usable currency. the metro and are almost the still running but few customers are venturing into the public transportation network leaving trains deserve it italy is one of these 3 countries with the highest death toll from the cove it right. now professional basketball hockey soccer baseball and other sporting events usually drawing large crowds have been canceled in many countries around the world

the summer olympics due to kick off and july in tokyo have been suspended yet but the traditional olympic torch relay just got scrapped over fears of the corona virus spreading among spectators some see that as a bad sign for the games altogether and the multibillion dollar investment which japan made to host. everything's ready to go 8 sports stadiums have been built japan has invested billions and is right on schedule with the preparations in fact the athletes could come right now but there are calls for a delay even from u.s. president trump but you ponza lim pick ministers still optimistic. and on the number they go down the highway or if president trumps comments but neither the i.o.c. all the planning committee is considering postponing all canceling the games can be messy. 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 that it wouldn't be 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 consuls. friesian would look. if you want to be considerate towards the athletes and you shouldn't hold the event if you carry on regardless and the coronavirus gets worse he's going to take responsibility. but i think about that if it was postponed until next year that would be so bad that i could still look forward to it but it would be a real shame if they counselled it's all together. 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 finally china's richest man ali

baba co-founder jack ma is donating 1000000 facemasks and 500000 coronavirus test kits to the united states the billionaire says the items are ready to ship the gift could help alleviate a shortage of testing materials in the u.s. and his statement on twitter last foundations there the gesture was joining hands with america difficult times. so there hasn't been any reaction from the white house yet on that offer that's a show i'm chris cuomo roland thanks for watching have yourself a great weekend and say how far.

question what do you get 35 tons of concrete blocks the former 120 metre high tower around a crane 6 arms on it. battery. power enables the storage of renewable energy but how exactly does this unique contraption work.

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moving. water just like. we may think cold water supplies will last forever. but. when the rain. starts march 20th on t.w. . gets into tomorrow and today the science show on t.w. coming up. could this tallit be a solution to the problem of renewable energy storage. we may see a scientist who is searching for new answer about.