tv Business Deutsche Welle March 18, 2020 4:15am-4:30am CET
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i'm told me a lot of on i'll be back with headlines at the top of the hour thanks for joining us. where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one t.v. shadow and if you use fame for years when official information as a journalist i have walked off the streets of many cantrips and their problems are always the same 14 social inequality a lack of the freedom of the press and corruption who can afford to stay silent when it comes to the fans and the humans on seeing the microphones who have inside
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put their trust in us. my name is john paris and i work dollars in. the us president wants to send a check to every american and he's got support to look at the proposed $850000000000.00 stimulus package in the u.s. and help other nations are scrambling to keep individuals and businesses afloat amid the pandemic. also on the show auto giants dialer volkswagen and ford are shuddering most of their european production over the crowd of arms. and those equal pay day comes around again. we look at how as tony is trying to end the
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gender pay gap by training young girls in i.t. . this is your deeds of your business report i'm stephen birds in berlin it's good to have you with us the airline industry could collapse without significant help from the world's governments and that's the diametric from the international air transport association it's a body that represents the vast majority of global air traffic and it says that companies will need between $150.00 and $200000000000.00 to weather the pandemic and the carriers are short of cash to provide even refunds especially hard hit airlines relying on the lucrative transatlantic routes last week u.s. president donald trump banned most incoming flights from europe for 30 days and german chancellor angela merkel now says nani you residents will not be allowed to enter the block for the same period and it's not just weakening demand that's hurting the industry play makers are cutting production as a result of supply chain disruption and employee absences in the u.s. boeing has already asked the white house for assistance and here in europe air bus
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has halted production in france and spain. now helping airlines as part of an $850000000000.00 stimulus proposal from the trump administration it would also send a $1000.00 check to every american among other measures the package would include 50000000000 dollars for the american airline industry a cut in payroll taxes and further loans and guarantees for small businesses of the plans come as governments around the world scramble to send direct aid to citizens affected by the pens emic it would still need to be passed by congress. and for more on this let's go to our financial correspondent in new york jose luis de hot oh jose a check to every american what's the idea here. i would say that it could be a necessary step to steven if we keep in mind that here in the u.s. there are more than 15000000 people 15000000 people that are freelancers part time workers or contract over most of these people don't get paid if they don't go to
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work and on top of that in some cases like here in new york a lot of people leave by check i mean if they don't get some income by the end of this month they will not be able to pay the rent or their telephone bill or even buy food. not only these robs situation already it also creates a feeling that when the real recovery happens the consumer want to spend immediately afterward and for an economy where 2 thirds of the g.d.p. depends on consumption is the key to keep that confidence alive to avoid a lengthy teammate recovery. jose when we look at this proposed plan which we should acknowledged has to go to congress and has to be passed it's still not a law yet when we look at it compared to the stimulus measures passed to fruition it will be the one triggered by the financial crisis that we are talking now about around a trillion dollars according to the latest numbers also this time that there is
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a much more emphasis it seems on both small businesses and people and not just bailing out companies and specifically banks for now there will be loans and tax payment deferrals for companies i mean to be duals loans for business paid leave or clearly if we crucial to the situation there will be also bail also for a specific industries such as ireland as you pointed out but also hotels so we could say that the stimulus will try to keep that confidence for consumers and small businesses alive as much as it can so when the recovery happens it will be strong enough because it looks like wall street is reading this proposal what are you seeing there. basically we so optimistic a reaction but we have learned something over the past days and weeks stephen is that here confidence can change at any minute so we'll see what happens tomorrow
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all right it was a louis saha keeping an eye on the numbers on wall street for us thank you for sadie's benz parent company dime laura says it's suspending the majority of its european production in response to the coronavirus pandemic and the shutdown affecting car van and commercial vehicle plants will be for an initial 2 week period which could then be extended a dollar says it wants to interrupt its effect infection chains to contain the spread of the virus in its ranks. and i'm sure is alone ford has also announced that it will suspend car production in europe and so is the world's largest car maker folks wagon which had hoped to focus on more positive news during its annual news conference on tuesday. a banner year. with record profits and record levels of investment. but the coronavirus pandemic has put the brakes on what should have been
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a good day for folks who are. trying to see. turnover and disruptions in our supply chains which will soon be confronted by some of the aca we will be forced to close down many of our production facilities to peru to always want to put a hold in common. work has already grown to a halt treason spain italy and slovakia. and assembly lines here in germany and throughout the rest of the european union will soon be shut down for at least 2 weeks. v.w. had expected to continue its winning streak in 2020. but with no sign of an end to the spread of code 19 company brownnose now says it expects a quote very difficult year ahead. let's take a look at how the coronavirus is making business headlines elsewhere in the world. france has announced $45000000000.00 euros worth of crisis measures to help
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companies reeling from the outbreak french finance minister bernard law said that a large part of that sum comes from the deferral of all tax payments and payroll charges that companies are due to pay this month. spanish prime minister pedro sanchez has announced a $200000000000.00 euro coronavirus aid package it includes loans credit guarantees and direct aid and it represents a whopping 20 percent of the country's gross domestic product the government is providing 117000000000 euros with the remains are coming from private companies measures include 100000000000 euros in state backed credit guarantees and unlimited liquidity help for companies. the italian government says it will nationalize the country's air carrier alitalia a new state controlled company will take over the bankrupt airline its takeover is part of the wider government stimulus package to combat the coronavirus effect however all its holiness was struggling long before the current outbreak. a truck
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cues from lithuania into poland are reaching 50 kilometers at times poland closed off its borders and its coronavirus locked down even one crossing open for trucks coming from the 3 baltic states as well as parts of russia and below routes could. cern's are growing the cargo traffic into it the way you know latvia and estonia will also be disrupted. and let's stay in the baltics today is equal pay day it's a reminder that women around the globe still make less money than men in comparable jobs we're going to look at a stone a country that has transformed its economy in recent decades but not the way many demands women are currently underpaid by more than 20 percent and that gives a stony of the largest gender pay gap in all of europe. here you can solder program experiment and play it just one of the even groups across donia designed to bring girls into contact with technical topics. i'm always
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waiting for monday to come here i'm learning new things about electronics and i'm not afraid of them like i used to be you know wish you know who to get mostly boys into tech but most girls actually like it to. the man who started the project is former entrepreneur. he's the brain behind is tony's digitalisation. makes me to have to do some sort of problem when i ran large companies or we had 300 programmers but just 3 of them are women. if you want to create the same opportunities that exist for men you have to start somewhere. who either get them. in a stony as technology and finance sectors in particular women are paid less than men and they have poor career opportunities according to mark joint. model and that's a good inspiring equal opportunities and interests is very important i have my own
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experience with my daughter she's very interested in programming that when she showed interest in school others said that it's something for boys and the boys are the only ones attending those classes meet him i mean he said. that the way some boys does he said at all you know boys. if girls learn by themselves. believes they will find solutions faster than mixed teams for him just one of the many reasons to bring the initiative to schools nationwide. that a medic they go to the girls enjoy it but they don't always get the chance as they are always involved they tend to step back and let the boys go 1st that way most. stormy is one of the most innovative e.u. countries in terms of tech and yet it's also the furthest behind in terms of equal opportunities this next generation of girls could change that.
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go africa. a train full of sweet gifts. what's the buzz around amazing messiah women in tanzania they're training to become beekeepers. initiative makes them financially independent and at the same time helps them to protect the environment. eco africa. next d.w. . 6 the. result of the markets. the momentum of the morning world. business magazine made in germany. in 60 minutes on t.w. .
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quote
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hello everybody and welcome to the latest edition of in africa i am saunders we know you are in kampala here in uganda and i am very happy to welcome you today this week we have also the new environmental topics and ideas from the europe and africa with me is my colleague in the jamia i don't sundra it's.
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