tv DW News Deutsche Welle March 16, 2020 9:00am-9:31am CET
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this is d.w. news live from berlin germany starts to lock down its borders as it fights to control the spread of coronavirus but talk to our reporter who is at a franco german crossing point if you look behind me you can see they're already looking lawrence coming from france this terrific germans going closer to the 2 friends road no. also coming up the shutdown continues to tighten up across europe spain imposes almost total lockdown telling residents to remain inside to their homes it's the 2nd worst hit country in europe after italy. u.s.
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president donald trump welcomes a further interest rate cut from the federal reserve and he tells americans to stop panic buying. also on the show anger in berlin as the trump administration tries to take over a german biopharma company and secure an exclusive rights to any future coronavirus vaccine. monica jones in berlin welcome to the show europe's open borders are beginning to close germany has joined a growing list of e.u. countries to at least partially shut out its neighbors in a bit to hold the spreads off the coronavirus the german government has announced that its borders with switzerland austria denmark and luxembourg are closing new
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restrictions are also being imposed on the french german front tier. everywhere site on the french german border german police manning checkpoints for nigh on cross border traffic will be at a near standstill. the borders today in mark switzerland austria and luxembourg will also be almost completely shuts. the people of that significant reason to travel will not be allowed to cross the border in either direction. travel across the border. so. commuters will not be affected by the shutdown and kids will still be able to cross the border unhindered anyone displaying symptoms of coronavirus infection will be handed over to the health authorities. there's no set time frame for these
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travel restrictions and the government says it might extend them to borders with other neighboring countries. vidic me it's important that as few people as possible are infected. so we have to try to slow the rate of infection. but there are really problematic areas in france . which is why we took this decision in order to slow the spread of the virus. for now you the restrictions only apply on the grain and air travel is not affected german chancellor angela merkel is meeting with her cabinet later to decide if the skies are to remain open. staying on the ground and for more let's bring in correspondent banta he did she is standing by right on the french german border between the french tell me if i'm to the german city sub. and bound you are on the
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german side know those new checks they've just taken effect traffic still rolling. but you have to wait at least 30 minutes until you can and from france to germany you have to get to this checkpoint which you can see behind me here the police is stopping every kano checking if the germans in the car of a mission is germans can go on the right lane they can enter germany of cause others have to go to another checkpoint close to me have a 20 policemen asking people what are you doing in germany what's the purpose of your visit and only if you're a commuter if you have your workplace in germany then you're allowed to enter all of those have to turn around and go back at 2 fronts you know it's a trucks can enter deliveries of goods is not to have but by this effort today so the border is not completely closed but it's difficult to get into germany right
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now now of course we're way used very much to open borders by now how well prepared police doing that is checks. but police is present he has since midnight already as i said there are 20 people here on the ground of course it's difficult to tremendous posed it's not only this one of many checks checkpoints along the french german border and a police officer told me it's very difficult to get all the personnel in place and they don't know how long they have to undertake they thought full days weeks even months nobody knows so far and that no facilities because this is a makeshift border crossing this autobahn has no border crossing installed because the border was open for 25 years that it's all about curbing the spread of the coronavirus what safety measures taken in place
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well the police is working without any protective gear only if there's a suspicious case if they see somebody sneezing coughing in that cause then they would protect themselves they just keep a kind of distance they don't touch people but the police told me this is what all german citizens should do and there's no need to have a mosque and the fia that they might contract coronavirus on the border is not very high on the police put personality who had to bend to get them reporting from the french german border for us thank you so much. and there are 2 other coronavirus hotspots around europe like spain france and italy which are among the worst affected by the outbreak spain has followed it in the air by imposing a lockdown banning 47000000 citizens from leaving their homes after the government
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declared a 2 week state of emergency in paris dozens of people gathered outdoors on sunday just by the french government closing all non essential businesses and urging citizens to limit into action meanwhile italy remains on the frontline of the virus in europe on sunday $368.00 new coronavirus related deaths were reported there the west single day toll for any country since the crisis began. so europeans governments try to stop the spread of coronavirus as much as they can i'm joined by science correspondent derek williams who is currently in self isolation good to see you derek from a scientific point of view checks at the borders partial closures of borders do these measures help curb the spread of coronavirus well to be perfectly honest we don't really know what this is all an president you know science is all about is about working on presidents and we have absolutely no experience with this kind of
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the situation so it's all uncharted territory that it seems that a lot of the knowledge is in the run up to do you to this morning were saying closing orders will helps low the spread of the virus but not probably true. once it's endemic within a population then the only thing that seems to work in terms of containment is going into lockdown as we saw in china china didn't shut its borders or went into lockdown within the country itself and that hope to limit. the spread of the virus within the population lockdowns like we're seeing somewhere lockdowns in spain and italy now. that said as well it's going to take a couple of weeks before you see any kind of impact because this virus has an incubation period and so people worst spreading it up until the moment of lockdown with and only and it will take at least 2 weeks to see any kind of impact in the
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numbers and hopefully about point after 2 weeks they'll start to go down but it gets worse before it gets better i get is all very unnerving also especially because online with them dotted with information about what to do in the current crisis and the latest news that caused a stir was about the effect that's taking it a profane might have on those that have the virus what was all that about. well i got there was a it was interesting in term and it was a what's out message that was sent out yesterday that made big waves i got myself from it from a science journalist colleague of mine and a woman saying that at the university clinic and yet they had discovered that taking ibuprofen. worsens the course of the disease the university clinic immediately came out is that no that's fake news there is we didn't conduct any studies in that direction that's not true but it things were complicated by the fact that the french health minister came out and said actually that there was
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a connection with and he himself is it is a doctor now firearm legis have now gone on record saying there is no scientific proof that i've been profound which also interacts with some of the receptor that that are active with the corona virus apparently there is however no scientific proof that there is a connection between those 2 things that's just a hypothesis ok more confusion they have problems lay a direct williams in the south isolation thank you so much. and here's a look now at more of the latest coronavirus developments china has started pushing all international arrivals to the country's capital beijing and quarantine reported a total of 16 new cases on monday 12 of those were people arriving from abroad iran has reported 130 new deaths from corona virus that takes the death toll there to more than 720 and israel has ordered residents to stay at home under quarantine in
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7 of its states including the capital caracas the rule has declared a state of emergency and ordered security forces to help impose self quarantine of the population it has also closed its borders. and the death toll from the corona virus in the united states has risen to over 60 with 3000 confirmed cases of the illness the federal reserve has again dropped interest rates in a bid to boost the coronavirus hit economy and more and more states are ordering the closure of bars and movie theaters. go hermie shout these new yorkers to passes by. others using their balconies to preach to people to stay indoors. even retail stores like apple turning people away a sign of just how seriously corporate america is taking the coronavirus.
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the economic costs of this pandemic though are hurting especially after last week's financial meltdown. in a surprise move the u.s. federal reserve has slashed interest rates to almost 0 and pledged hundreds of billions of dollars to help shore up the u.s. economy a decision welcomed by a president desperate for better headlines it's really good news it sure is great for the country it's. very happy i have to say. trump also found himself pleading to americans to stop hoarding you don't have much take it easy just relax people are going in and they're buying more they remember during the conversation of wal-mart that could buy more than that by christmas relax doing great it all will pass but for
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citizens like carol shrader it doesn't feel that way. she's one of fountains who's being caught up in the chaos of trying to get back to the states ahead of trump's travel ban no consistency in questioning no temperature check no swabs no we were given a 5 page document for other lawyers. while many americans are now living in lockdown others are trying to carry on as if nothing has changed but with the state of emergency declared across the country no one will be able to weaken nor the coronavirus alone. of a more let's go to our correspondent all of us in washington trump is urging the public to relax but a top u.s. health official has told americans to prepare to hunker down is there mixed messaging here. it was really astonishing here is that turnaround that we've seen
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here coming from the wide held you know president trump has really tried to dollon play this crisis here you've been talking about the coronavirus comparing it to a flu and then just a very few days later he declared a nationwide state of emergency in and. that you just quoted america's top expert if you will in infectious diseases he said that the worst is yet to come so we do get these mixed messages and we also see a president who seems really little informed of all the details of the coronavirus and the impact it has and he has also been lying to the public about the number of tests that were done in the united states and he's also been trying to distract from this crisis you know by comparing his personally blaming his previous assessor barack obama about how his administration dealt with the swine flu so a lot of this we fix perience here is the usual donald trump if you will but what's
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crucial right now is that he's not able to call the american public down and really stirring up even more confusion here among the public. this is a very damaging scenario and a very damaging reality that he finds himself in with this global pandemic happening those also affecting the united states of course every day more so that all of that in the economic fallout stemming from this is putting a considerable strain on his reelection campaign this is why for a probably he was very pleased about the u.s. federal reserve taking drastic action action that we haven't seen since the height of the financial crisis in 2008 was the aim that. yeah and that's just like you say that's also why it's such a dramatic step because the last time that happened was right after the lehman crash of 2008 that led to the worldwide financial crisis and it's a very significant step also because this is considered when when and when
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a central bank cuts their interest rates to 0 as a last resort to boost the economy and you mentioned it trump has been calling for this step for a long time because obviously a blues booming economy would help him to get reelected the fed has always rejected that but now they also believe it's necessary and sort of like admitting that the u.s. is getting close to a recession and that this really needs to happen right now to help the economy but we're not talking about a woman economy anymore this is rather a volatile avoiding the worst looming bankruptcies in mass unemployment now the coronavirus also played a key role in the latest democratic debate to listen and the more about that it will 1st of all there was no audience because of the coronavirus so the debate was supposed to be held in phoenix arizona where there are going to be primary elections next week in the woods then move to washington d.c. held without any audience at all but of course the coronavirus was also
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a very important aspect of the debate and both had some unity here by arguing the president does not have the situation under control right only of a sunday they reporting from washington thank you so much and it's gets you up to speed now on some other stories making headlines around the welt. spain's king philippe has stripped his father former monarch one carlos of his annual allowances from the royal household the move follows a list of financial irregularities involving the former king the current monarch has also announced any personal inheritance he could receive from his heart or. german tourism joint to e has announced it was suspending the bulk of its operations due to the corona virus outbreak the company employs $70000.00 worldwide to reconfirm the measures which affect its package travel crews and hotel businesses did
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the us president donald trump tried to buy a german company leading the race for a coronavirus vaccine but lynn has reacted angrily to reports that trump offered by a pharma company q of back 1000000000 dollars to develop a vaccine exclusively for the united states foreign minister that berlin could not allow others exclusive rights to german research economy minister peter altmire was blunt to germany he said is not for sale. searching for a breakthrough to secure back a lab in southwest germany hopes to be the 1st in the race to develop a vaccine against the corona virus that is being noticed with reports surfacing donald trump is trying to recruit a company to the u.s. barely and is encouraging the buyer pharmaceutical firms to stay. political and we are seeing a lot of political support and the issue is taken very seriously from various sites that's called specifically we have received support from an international vaccine
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initiative of you know so that these clinical trials can also quickly begin to hear . commission for to begin to put. the company says research into several possible vaccines has begun with the 2 most promising to be chosen for clinical tests. it expects to have an experimental vaccine developed by june or july and will then seek approval for testing on humans. kill that specializes in a method called in which makes human cells produce proteins that trigger immune responses against infections or cancers all of these are called logopolis and on this basis we are now building that new vaccine we now have a process where we can quickly respond to new threats so we believe that this are in a technology is a very good way to quickly provide solutions and see if this middle is. if the vaccine is successful in human trials cure vacs says up to $10000000.00
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doses could be produced in several weeks. experts originally thought a vaccine would be 18 months away meaning a successful human trial as early as july would be welcomed by the global community . the bank of japan has unveiled a series of emergency monetary policy measures to shore up the world's 3rd largest economy and that the coronavirus pandemic the news however doesn't seem to be calming investors tokyo's nikkei fell after early gains and straightest index tumbled to nearly 10 percent its biggest loss ever markets in hong kong and shanghai were also trading lower that's after chinese authorities released data showing just how much damage the coronavirus has done to the world's 2nd largest economy retail sales have dropped 20.5 percent and industrial output fell by 13.5 percent. and for more i'm joined by the investment director at
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fidelity investment joining me in hong kong good to have you with us major the latest numbers from china didn't really come in as a surprise yet markets drop paolo can this go. well if you look at what's happening with the markets really it's a really sentiment that's having an impact and this sentiment in fact is because of 2 sort of black swan events because of say the coronavirus as well as the fall in the oil price. and and that's exactly what's having. on investor minds right so what we really need to see is that when where is this medical issue going to go it's yes central banks are providing some kind of bomb or cure to the market but it's not really of cure all it's a bomb right right but but i mean central banks i mean for this that's where we
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don't know just let me ask you i mean investors they look for some sense of security in central banks have stepped in why isn't that enough for investors to somehow help stabilize the market. where at the end of the day when you look at what's happening with respect to economic data what we're seeing is a contraction in demand as well as activity and until we see that people are comfortable enough to step out of their houses and then come in and fuel the demand we don't think we are likely to see markets recover from a sentiment both specter ok so we need a sense if not all morgan need a sense of normality i get for of you me to some of the fidelity investment in hong kong things as. the wall european markets also started trading and my colleague
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chelsea delaney keeps an eye on the trading floor in front for chelsea how are investors there holding up. well it has been a harrowing past week for investors and it's not looking any better here at the start of training trading here in frankfurt the dax just opened an account already about 7 percent just really a dramatic fall and we've seen a lot of a lot of news over the weekend of increasing restrictions on businesses on trade on travel that's going to have a significant impact but the measures that central banks and governments are putting in place to really help prop up the economy just aren't convincing investors the fad the bank of japan and all are coming out with a lot of a lot of easing measures that cut interest rates and governments also here in germany for example they have unveiled unlimited credit for businesses but investors aren't sure if that's going to be enough to offset the economic impact on my chest elaine in frankfurt thank you so much. now south korea has been
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among the countries worst affected by the new coronavirus spot south korean businesses are working together to share the economic burden from coby 19. korean landlords and tenants are sharing the burden of weathering the decline in business caused by the corona virus outbreak with reductions in rence large traditional markets especially needed the help. that was. used to get an average 300000 visitors a day. but since the corona virus outbreak began we've been seeing less than 110th of our usual number of customers. as business owners here have been suffering immensely. not only domestic sales are affected as international trade has also dwindled especially for small export. as.
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korea has a competitive global legend the fashion industry and its products are high in demand overseas but now that foreign buyers kaante even enter korea coupled with slowing fabric shipments and fewer visitors to the market overall it's having quite a large ripple effect. in addition to the rent reductions market managers have also coordinated strict public health responses some landlords have provided up to 50 percent off in rent although smaller reductions are more common but even those providing the discounts argue for more state led measures. complementing revenues of the merchant's biggest concern so tax remedies are needed although the government has announced new tax breaks a lower income tax means little if merchants aren't making much to begin with so
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many want to see a decrease in value added taxes and then in. the large traditional markets rely on both tourism and elder shoppers both of which have dried up although more assistance may be coming merchants here in schools and empty moon market and around south korea are soon likely to get some more help from the federal government the national assembly is set to pass a multibillion dollar supplementary budget to support small businesses and to help contain and mitigate the cove of $900.00 break the so-called nice landlord trend has also brought banks into the movement with low interest loans as south korea copes with a deepening covert 19 crisis. and here's a reminder of the top stories we're following for you. germany has begun to knock down its land borders as it fights to stem the spread of coronavirus travelers face controls between germany france austria denmark luxembourg and switzerland to the
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