tv DW News Deutsche Welle March 23, 2020 11:00am-11:16am CET
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check out our podcast. podcast you can also find us and. science. this is news coming to you live from german chancellor angela merkel goes into home quarantine after being treated by a doctor who later tested positive for the corona virus you know it's been came moments after medical introduced tighter restrictions banning gatherings of more than 2 people nationwide also coming up as people desert the streets of new york
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mayor bill de blasio warns that the city's hospitals are just 10 days from running out of basic supplies but an emergency bill to help businesses keep going stalled in congress. hello i'm terry martin thanks for joining us german chancellor angela merkel has gone into home quarantine after a doctor who treated her was diagnosed with the corona virus on friday michael who is 65 who was vaccinated against a different buy responded the doctor who later tested positive for coded 19 machall spokesman says she will now undergo daily testing her last act before going into quarantine was to announce sweeping restrictions on freedom of movement and social interaction. angela merkel about to announce the most severe
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restrictions on freedom of movement seen in germany since world war 2. the corona virus continues to spread rapidly convincing the chancellor that further containment measures are needed so far it had largely been left to states and municipalities to curb the contagion creating a patchwork of rules and guidelines the new measures will be rolled out across germany. we have discussed today how all counter measures are working we have no vaccine and we have no drug against the disease all we have a firstly the efforts we are making to prepare our health care system especially hospitals for the expected continued high rise in infections. and secondly our own behavior. that is currently our most effective measure. in a video conference medical and state leaders decided to ban gatherings of more than
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2 people excluding families and housemates she thanked the population for observing measures and guidelines already in place. it's wise. i know that it entail sacrifice both economically and on a personal level when shops have to close and it's not possible to socialize it's even more painful not being able to visit grandparents or meet friends we all have to live without this for a while i am deeply touched that so many people are following those rules. within an hour of america leaving the press conference news she was going into quarantine broke the chancellor has put herself at the front and center of germany's response to the pandemic anglo-american now gets to lead by example.
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for more let's cross straight over to our political correspondent kate brady cage is now at home in quarantine what does this mean for her and her ability to govern . well so far we know that she will be continuing to at least as much as possible from what now the cabinet meeting the usual monday cabinet meeting will be taking place today she will be participating most likely via video by telephone conference call but the idea is that it will very much be business as usual here of course is still constant changes here in germany to be dealt with possible new measures later this week but particularly when it comes to financial aid as well here in germany we're expecting to see a supplementary budget come out this week of up to $156000000000.00 euros that would be around 43 percent of germany's normal budget so there's still a lot to be done here in germany and of course and america will be trying to
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participate in as much of that as possible while she remains at home in south korea . when will we find out kate whether the trench actually has been 19. well all we know so far is that the government spokesperson stephens i've actually said yesterday that machall will be tested regularly in the coming days but so far we don't yet have. a test result but of course that will be published and made public a soon as we have it. well just before it was announced the chancellor was going into quarantine she announced new restrictions on movement and social interaction tell us more about those restrictions. well one of the biggest new measures is that groups of more than 2 people are now banned in germany now excluded from that new measure families and people that you might
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live with in a house for example but this is a big measure that's being implemented nationwide today now people are however still allowed to travel to the grocery stores to work if they can prove they're on their way to help someone for example but of course this is also being implemented in different ways around the country as well for him here in berlin in the in the state city state of them for example local authorities police are asking people to carry some piece of identification on the times as well so that they can check indeed where they live and and see where there might be going but we did indeed over the weekend see a decrease at least here in the capital of people gathering in large groups it seems that people have started to listen here and dia's to the advice is being given not only by health experts but also by the german chancellor angela merkel says stay at home wherever possible because right now the implementation of these
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measures and staying at home and reducing the risk of spreading this virus as much as possible is all about winning time and flattening that curve to minimize the spread of 90 kate thank you so much that was our political correspondent kate brady . and some hopeful news just coming in from germany's public health institute says that there are signs that the rise in new coronavirus infections in germany is leveling all the all but call institute says it's often mistake that measures taken including school closures and strict warnings against public gatherings are already having an effect but it will be some days yet before the trend can be confirmed. now the u.s. government is redoubling its efforts to halt the spread of the corona virus the country has more than 33000 confirmed cases now the 3rd highest number after china and italy new york city is a hot spot and it's mayor has warned that hospitals there are just 10 days away
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from running out of basic supplies several states including new york have already ordered citizens to stay at home. even the buzzing heart of manhattan has now gone quiet all nonessential businesses must stay closed and their workers must remain at home it's part of a stringent a set of rules coming into force as new york scrambles to contain its surge of current virus infections and the pressure from state governors president donald trump has now fled to send help to the states worst affected by the outbreak including new york. and it is you know large quantities of supplies i've also directed fema to supply the following 4 large federal medical stations with 1000 beds for new york 8 large federal medical stations with 2000 beds for california and 3 large federal medical stations and 4 small federal
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medical stations with 1000 beds for the state of washington and the u.s. economy is also reeling from the virus on sunday the u.s. senate was expected but failed to reach. go ahead for a trillion dollar economic rescue package aimed at helping businesses and regular americans democrats dismissed a bill saying you will still detour helping large corporations. legislation has many problems at the top of the list includes a large corporate bailout with no protections for workers and virtually no oversight also very troubling in the bill were significant shortfalls of money that our hospitals states cities and medical workers desperately needed this is a public health crisis it is inexplicable to skimp on funding to address the
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pandemic which the senate to set to vote on the emergency bill again on monday both or it is in new york urged the peak of the contagion is yet to come and warn of stricter measures if citizens fail to comply. well stock markets responded quickly to the senate's failure to pass that emergency aid bill shares in asia tumble hong kong and shanghai as indexes most closing in the red india's main index the sensex collapse losing over 11 percent only japan's index all gains 2 percent higher on the news that the olympics might merely be postponed rather than cancel european markets did not escape route germany's dax opening down by almost 5 percent. well let's look at how the ongoing health crisis is affecting the economy with travel restrictions the shuttering of
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retailers and orders to stay indoors people's livelihoods are on the line in the u.s. banks are predicting the country's g.d.p. to drop by as much as 30 percent and a slowing economy means job cuts on columnists predict that u.s. unemployment could rise from 3.5 percent to 30 percent in the coming months so what can countries do to soften the blow will central banks are setting up bond buying programs pumping hundreds of billions of dollars into their economies but experts say that's no panacea no amount of cash will unfreeze the economy until the pandemic is over. well daniel winter from day w. of business is here to talk about all this than you will a 30 percent drop in g.d.p. nearly a 3rd of people unemployed how are we supposed to wrap our mind around these figures well they're both unprecedented figures that terry i mean 30 percent unemployment
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the highest rate of unemployment in the u.s. to date was about 25 percent in 1983 and when looking at that course the drop in g.d.p. of 30 percent which one investment bank in the u.s. predicts i mean that's more than double the previous record so it is very difficult to wrap your head around these numbers and often we hear financial jogen about you know the stock market and solver and bonds and all this kind of think well your pension is linked to the stock market when it comes to sovereign bonds you know the yield on that determines what you pay in your mortgage so these figures may sound like they're for some bankers in the distant ivory towers but these numbers affect our real lives especially that 30 percent unemployment figure i think that catches all people's attention last week talking about stocks u.s. stocks saw their worst week since the financial crisis of 2008 are we facing a similar situation to 2008 or could it be even worse well it could be similar it could be not some of depending on how you look at it but certainly
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a recession is inevitable now if we look at the kinds of recessions that the u.s. has had over the years event driven recessions have recovered fairly quickly unlike in the financial crisis which was a systemic it was all about the financial system that could this event just be so unique that the u.s. will find it extremely difficult to recover from this i mean it is so different from anything that u.s. has faced before but at least government the government in the u.s. this time around seems to be leaning in and favoring more overreaction rather than caution now in the financial crisis in 2008 that was the big problem which policymakers of that time admit now the u.s. is even considering sending money directly. to citizens bank accounts that would be unprecedented and could that have the desired effect would have to wait and see her hearing more numbers like a trillion dollars being a pump into the economy and of course we're talking a lot about the u.s. right now with this is a global crisis everyone is affected literally the whole world. what should
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businesses be watching out for in the coming days well in the coming days we've got for example manufacturing data out of germany in the euro zone that will show the impact that it's had on the economies right here and from that we can infer how pouts people's jobs have been affected people's livelihoods and also when we talk about unemployment u.s. unemployment data will be out within what just over a week from now and that's when we'll start to see the true effect but the big difficulty here is for the world there is no light at the end of the tunnel just yet that will 1st come when we can see a rolling back all of the economic lockdown that we've seen and that's not in sight at this moment daniel we'll keep looking for that light stan you went from v.w. business thanks. while authorities around the world take ever more drastic measures to try to slow the spread of the coronavirus the number of confirmed cases globally has nearly doubled in the past week let's look at the numbers the current tally by
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johns hopkins university in the united states now counts more than 339000 infections worldwide the syrian government has confirmed the country's 1st official case the united arab emirates has announced its suspending all passengers and transit plights for 2 weeks remember the dubai international airport is one of the busiest airports in the world. you're watching d.w. news from berlin coming up next world stories takes a look at what's been going on this past week i'm terry marvel. in the height of climate change. for cosmic. what's in store. windows to come for the future. e.w. dot com can make a city the multimedia insight click into.
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