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tv   [untitled]    March 21, 2020 12:15am-12:45am CET

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for euro. zone all the. country to any is full of surprises moved on it all out. to give you some tips are going to be in the footsteps of the great people i am concerned northernmost town to please and it's true.
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for a times i want to still very much alive to the beach i'm a good guy to specialists from germany to move to recognize where exactly. was fun and learn a lot karst culture history in. detail travel extremely worth a visit. some stock exchanges cool back games but not wall street despite central banks some leashing trillions in stimulus millions space job losses across the virus takes its toll. the world economic forum urges companies to work with governments to solve this crisis and trade fairs go virtual to paint. leave carpenters and caterers
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high and dry. and invisible and let's do business the last time this happened was the 2nd world war but instead of producing weapons car makers electronic giant sand textile factories are switching their production lines for the common good french luxury group which owns you a bit taller and christiane do your is ditching perf you for hand sanitizers italian textiles firm mean old leo is supplying the state with auslan za facemasks smaller companies in italy are following its lead and us all the manufacturers are looking at making medical equipment like ventilators which are also in short supply but retooling production lines is complex and costly for well there's hope with all the stimulus announced european equities pushed higher friday u.s. stocks fell with new york the latest state people to stay home but firstly the british government is taking extraordinary measures it's promising to pay 80
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percent of wages in the private sector it's to discourage bosses from firing staff over lost business from the virus finance minister says they'll be no cap on the size of the plan which the government will fund by selling more debt is also allowing companies to hold on to billions of pounds in value added tax over the next few months. let's look at how the virus is making business headlines elsewhere in the world. can no longer pay its bills the german restaurant chain has been forced to close almost all of its locations due to the coronavirus and roughly proceedings are expected in the next few weeks the company is hoping for government aid. not free comic a bentley will help production in the u.k. for 4 weeks the decision was made to keep employees dave there also fears about shortages of parts the british luxury brand is owned by fox barton which is reducing output across europe. the world economic forum is launching
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a covert action platform the 1st of its kind drawing on its network of business leaders it aims to galvanize the global business community for collective action the group is open to all businesses and governments who want to offer their help. he is managing director of the world economic forum thanks for joining us central banks and governments are throwing trillions in stimulus and aid at this pandemic and even then global equities local horrible how can your platform com investors. so what we're trying to do is one be a source of sort of the best synthesized information from various experts and 2nd try to mobilize business and the service off helping solve the sort of health economic and social challenges that are emerging i mean let's be clear the health impact is what comes 1st but we need to start preparing for managing and
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mitigating a lot of the social economic fallout that is to come you know you are absolutely right about that loss of confidence we asked a group of chief economist from across the banking sector the insurance sector and the consumer sector about their views on what the recession and recovery may look like and while a good 30 percent thought that this would be as auto v. shape but as staggered the shape across multiple economies and there for you shape globally there was a good 30 percent that were completely on a certain and a good 5 to 10 percent that actually were thinking this is going to be an l. shape this is going to take a very long time and the reason for that loss of confidence is essentially because there isn't a belief that there is quarter nation between fiscal and monetary policy despite the very large sums that are being talked about that there isn't that coordination at the international level between various governments of the nature that we saw in
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2008 and that there isn't really clarity on what are the pathways with which we are going to deliver cash in 2 different households yes the kitchen sink approach but then how do we actually get it into the right ten's and then finally there is a belief that employers are particularly prepared right now you know we surveyed our employers and less than 10 percent had ever thought about pandemics as part of their current rest scenarios and less than 50 percent had ever experimented with even part of their. teams working remotely that's of course just the white collar workforce so there is this overall sense of uncertainty and anxiety that you're of course seen across the board so he is a from the loss of confidence there's also a lack of cooperation what makes you think countries and companies are going to start working together when everyone's withdrawing right now people are going local big bads on exports of mosques for example. as the europe has europe or the u.s.
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even tried to learn from china's handling of the outbreak because i don't think they have. you know a lot of what we're trying to do as sort of there is of course a call for push for working closely with various international organizations use the forum sort of platform to push for a lot more of that collaboration but the 2nd thing that needs to happen is in addition to the current sort of emergency there's 2 things that need to happen one business needs to be mobilized a whole lot more to actually help deliver some of these solutions that's a large part of what we're trying to do at the world economic forum the particularly when it comes to those health related supplies and the 2nd element is we need to start preparing now for understanding what is going to be the impact of these fiscal policy measures that are being put in place in very different ways in different parts of the world what might be the distortionary effects of that what can be done in terms of corrective measures and very quickly crowdsource from the best experts you know what is the best approach is this about transfers directly to
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households is this about small and medium sized business is this about bailouts of specific industries or some combination of the above and what is that optimal combination i think we have to at this moment in time rely on expertise rely on information and then take that information very very public very quickly quick and to private businesses on that bailout topic deserve public funds like like boeing for example. you know i think there's a lot of debate on this right now there's quite a bit even before this crisis unfolded here was a lot of abuse from experts and academics and that the situation has gotten to a point where we do need to start thinking about having some sense of better distribution of risks and returns in between the public the public sector and the private sector so i think you're going to start seeing much more of that debate
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play out as any of these measures go ahead of course different economies have different sort of almost cultural views when it comes to this and i think that's going to be a huge part of the factors that are taken into account as well so audios managing director of the world economic forum thank you very much thank you as public life in germany slows one sec to really hurting is a vents in addition to the concerts and conferences that have been cancelled trade fairs a struggling. for the time being there's still some work for d. for projects building modules for the interior fittings for a museum normally this workshop is a hive of activity $26.00 carpenters and painters usually turn out stands for trade fairs in germany and abroad but those fares have been cancelled or put on hold for now. those parts worth the i t b they came straight back on opened. over there you've got singapore i was also
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canceled. the whole stand for singapore all scrapped the cancellation of the i.t.v. international tourism fair and other exhibitions means that d. for project is only making 15 percent of the sales it made at the same time last year that's only enough work for 4 or 5 employees 2 weeks from now there's nothing on the schedule what happens then. i have no idea at the moment we've applied for short work subsidies we've been authorized to cut back on working hours starting today and we will we started today but we began in the back office and will have to extend it to all areas beginning in april we're hoping that by then the state will be helping us out in a big way. exhibition and event cater a veto is also feeling the crisis where normally there would be piles of small snacks and tidbits now all empty a veto founder alexander shot has put most of his staff on home office for the time
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being the few remaining are working on new concepts for the current landscape. and that is that the kind is we haven't had a lot of socializing lately that means we've all vesely had a few olders trade fat as conferences meetings all being cancelled people are working from home from home office they cater is now trying to concentrate on critical employees who cannot work from home and put together lunch boxes for them . in berlin future events are. still in jeopardy officials want to build a hospital that would treat up to $1000.00 khurana in fact patients on what is now an exhibition ground that's bad news for the events industry and room for and if there's going to be a hospital logistic space now won't be enough room for future trade finance for me that's going to be a massive limitation and when so far industry association estimates show that event sector companies have lost 2000000000 euros due to coronavirus related
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cancellations but that number could still rise significantly. french bookseller's a calling for restrictions to be lifted to allow them to open for at least a couple of hours every day they say if online retailers are allowed to keep selling their wares such that they may be in germany has granted bookstores exceptions france's economy minister poor man has pledged to look at the issue saying helps are an essential business. and one sector in which jobs are growing a supermarkets some of the big retailers a rapid sizing for tens of thousands of temp stuff to deal with the panic buying will need lots of people to stock the shelves with toilet paper nice and business with it.
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and our. grandsons. and clones to artists livelihood some under threat. the crisis is also a catalyst to creativity. what new directions will the arts take in
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response to lock downs in fear. march 21. d w. building the future to date had r w c h awesome university researchers and students there are working to advance green mobility. i want to save the world my entire team wants to save the world. together with their researching tirelessly to develop the mobility to morrow. read. in 60 minutes to. the people of the world over t.w. on facebook and twitter to date and in touch follow us.
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how does a virus spread. why do we panic and when we'll all be. introduced through the topics covered in the weekly radio show is called spectrum if you would like and the information on the krona laroche or any other science topics you should really check out our podcast you can get it wherever you get your pod cast you can also find us at d.f.w. dot com one slash science. if you talk often about things that really mattered people often just go quiet about lots of it's. a book that deals with that becomes a way of breaking a saga. i
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don't care if. we met the irish writer colum toby while he was in berlin the world renowned author is extremely versatile he writes novels short stories essays place and poetry we spoke with him about his books in his life as well as about ireland and how it's changing. tobin is particularly known for his skill at writing compelling female characters. his bestselling novel brooklyn was adapted for the screen it tells the story of ellis a young woman who cannot find work in ireland and so makes the difficult decision to emigrate. like so many before and after her ailing boards
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a ship in the hope of finding a better future. she heads to new. there she settles in the borough of brooklyn which is home to a large community of irish immigrants. at 1st and she's torn between the 2 cultures and then between to meet tourney in new york. and jim who she meets in ireland on a trip back. ignat compassionate depiction of her heartache for torment and her agonizing decision consolidated his reputation as a writer of. where does his understanding of women come from. fiber a woman i would say maybe could you just stop that making those exaggerated figures
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of women you know there are gay versions of it was i think in a very careful i was brought up by women and other words that they were my mother had sisters were in the house a lot i had to nurse siblings of a girl so were always women talk and i was always very interesting what they were saying whereas the man could sit me very grumpy your 3 man talk about some sport i was not if you're a 5 year old is nothing there's nothing. in this earth that women upstairs would no matter what they say it would be always fascinating. for me. to be his written books much of his work is autobiographical and ireland plays a major role. each artist in the great irish tradition has invented an island that's what you said in an interview what is your island i come from a few streets in a small town in the southeast called underscore see that's my wild. and small
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stretch of the wexford coast about 10 miles away so i'm not sure the world is home but it's certainly a territory and out of that territory got a great deal of emotional resonance so because i know those streets and i know that stretch of coast so that's mine in this place with long winters long memories and a great guy and i can walk from that. to be innocent to you. only once has been inspired by the skies of ireland this country of 5000000 has given birth to a just proportionately high number of writers james joyce is arguably the most famous. but so is the playwright george bernard shaw. oscar wilde. samuel beckett. as well as the poet seamus heaney. shot beckett and he were awarded the nobel prize for literature
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while. that's an impressive place in what led to its size the only way out of poverty was education and the only way into education was literacy so literacy became a sort of fetish almost in poor families books reading and writing and in the long winter he said you know one person in the family has to start thinking i could write one of those i could do that. many of ireland's great writers were born in the capital of dublin. the city has a number of museums devoted to the country's literary heritage. one is the writers museum which celebrates centuries of irish literature. what about the new generation of writers in ireland. look at that moment it's every season. 2 or 3 young writers or march were very very
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good there's been happening especially the last a 5 years and you go surely not another if you read the book you think this is very good at the moment it's an extraordinary thing and you thought maybe it won't happen again people become into the software or you know go to work for facebook or something but now they're writing novels and stories. and write is one example there's also called mccann. and. then there's sally who's novel normal people was a runaway success all over the world. when you have you know reading it because it's fascinating to see you know do the ones who are more experimental and the ones who are writing for women's lives and the ones who write at the city of the country obviously it's an absolute fascinating thing you know you want to be a fool not to readers and what literary tradition do this in itself. oh i'm sort of
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melancholy you know i come out of something that's melancholy. so. but at things when you're writing when you're working if you start thinking over what the literary tradition there are come out of you with then write a terrible sentence which would be filled with self-importance of some of the media my literature titian so your job is not to think like that to say that the sentences do the work and to make their sentences true meaning that if one sentences like this as a rhythm like this the next sentence has to be a variation on that rhythmically and you work almost as though you're a composer working and. therefore the less you think the better that your job is to sort of deal truthfully and father melody for that is it like music but it's like music in that it's based on melody it's based on rhythm and that it's the nervous system sometimes or it should hit the reader.
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nervous system before the reader start to interpret her youth or intelligence some other system is happening that causes the reader to turn the page not merely to know what's happening next but to actually follow the rhythm. tobin is passionate about music. chamber music especially baroque he divides his time between ireland the united states and spain but he says home is where his records are do you listen to music while you have right now i know i know i think that would be a mistake it would bring in so the a lot of music has an easier motion that's very satisfying but when you're working you need something much more austere such a silence and also i think you need to face in words you're having a big view out the window would distract you just look inwards it's all in word and it's all silent no music no fear mostly just no comfortable just just
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right you know just work along. wonderful books of emerged from the self-imposed austerity the blackwater lightship tells of 3 generations of women discussing homosexuality hiv aids and changes an irish society. the master is a fictional account of the life of the us writer henry janes. mothers and sons is a collection of short stories in which each story explores an aspect of the mother son relationship. nora websters unforgettable protagonist struggles with grief and finds her way to emancipation in 1906 ireland. house of means is a retelling of a classic greek tragedy. tobin's over shows his compassion and intelligence yet he wasn't always an avid reader he struggled at school as
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a boy. when he was 12 his father died and toby began to start or. you did start reading at the age of 9 and you started writing poems it's the age of 12. was the death of your father's a trick or 2 right or something ah i imagine so because it came very soon afterwards but it was also that in my family study was very important and that when you went to secondary school you should going to ruin your own every evening and you know you might be reading the last one to learning science and i was writing porn so you know and so just being left alone in a room like that with paper was the 1st thing i did instead of studying. the last lecture the literary world the extraction mothers and sons which to be reads to us tells of unexplained absence a recurring motif in his words. the time we were left by our mother you know our on
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strauss has no drama attached to it it was all grain this strangeness aren't dealt with us in her own distracted way her husband was mild distant almost good humored and all i know is that our mother did not get in touch with us once not once during this time there were no letter was no letter or phone call or visit our father was in hospital we did not know how long we were going to be left there in the years that followed our mother never explained her absence and we never asked her if she ever wondered how we were or how we felt during those months. what you describe in this book and ignore webster that's what you experienced yourself when your father was dying a muslim left you alone with relatives i mean how did that influence you you know you know life you know writing. all that was more or less what happened it doesn't
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mean it's autobiography because you change things and the way you remember changes things anyway so it's not a sort of slice of memory as much as a sort of literary form that uses memory events things that happened as a way of sort of thickening the plot or or anchoring everything in in what you might call fact or at least in things that i remember as a happy that i think are true i think that had enormous influence and you learn to look after yourself and you get the notion that nothing is ever certain or secure i suppose you learn not to trust people. i'm not sure any of this is useful to being a writer but it certainly has helped me in some books to have a subject that i had not fully worked. you know psychoanalysis or any other way that it was but i like to not that needs to be untied and so it became
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a pressing matter to write this down and to find a form for her to find a way off communicating it without sounding self pitying or sentimental. these days is a citizen. but he remains drawn to the landscapes of his child to the. and to the atmosphere in the country shapes for so many centuries by the rigid codes of the catholic church. conservative catholic nationalistic that what's that was your family background today what you're present is just the opposite what happened ireland changed everyone in every family slowly change themselves i mean it wasn't you know it it began perhaps with the women's movement but i mean women who weren't part of the women's movement just
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slowly in their own houses became more powerful became you know became more powerful or less interested in being being made feel small and out of that group other movements about how to treat children about gay people or about people for example who didn't feel great religious feeling so their society became slowly sometimes imperceptibly and then quickly. very liberal place to live and in easy place to live. yet for a long time the catholic church did have a strong influence in ireland around 80 percent of the irish population is catholic . a series of sex abuse scandals has tarnished the church's reputation but the priests and nuns tobin depicts unlikable. in the last 2 decades a couple of scandals in the catholic church also india and in all over the world
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but became public but including the irish county where you are from what i was burglarizing looking back do you see your own experience in a different light i do because i was in a boarding school where a good number of the priests ended up in jail and so i think if you're a novelist but if you're anybody but just said knowledge and you're looking at think i know when that happened and how it happened but at the time i missed it. i didn't realize what was going on right in front of me and i think for a novelist it's a tremendously interesting idea that all the time perhaps in all of our lives in our characters lives there's something going on that's maybe obvious except if they don't notice us. in a landmark referendum of 2015 a majority of irish citizens voted in favor of recognizing same sex marriage call into being openly gay.

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