tv DW News Deutsche Welle April 21, 2020 9:00am-9:31am CEST
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musicians look full of making money. because of the virus. welcome to the program for the 1st time in history u.s. just crashed into negative territory on monday that means producers have to. take oil off their hands the crash was triggered by a collapse in demand as the world continues its shutdown because of the coronavirus it's an unprecedented development we'll discuss the impact in just a moment but 1st this report. went. to one thing. we certainly have plenty of oil. in fact far too much of it the
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president tried to calm nerves after the value of u.s. crude went negative for the 1st time ever on monday at one point reaching minus $40.00 a barrel in a month or so go a little bit it's at $25.00 and $28.00 or so it's largely a financial squeeze and they did get squeezed with a traders who found themselves on monday under heavy pressure to sell off their crude futures to the rising cost of holding the oil in the u.s. is when dealing storage facilities means keeping it is becoming too expensive. there's so little space for it left the u.s. government is planning to fill up its own reserves i think we have 75000000000 gallons right now capacity that's a lot it's we've been building it up over a period but that's a lot 75000000000 barrels. so we're going to get either ask for permission to buy it or we'll store it one way or the other it will be for the what is most
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needed is a return in demand brought by restart to the u.s. economy then they owe that continues to be pumped as unbroken pace can actually have enough places to go. for more details of that speak to a business reporter rob watts who brought us of that report rob welcome so what exactly do negative oil prices mean well imagine after the show we go to a shop say it's open to buy a chocolate bar and we go to the shopkeeper and we say how much is this chocolate bar and he says minus one your oh we'd be very pleasantly surprised because what that would mean is that he's going to give us a chocolate bar and he's going to give us your oh as well it sounds preposterous but that is the position that we found ourselves in with us yesterday basically produces we're having to pay by is to take it off their hands since the start of the corona virus outbreak people have been flying they've not been driving all
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these things require oil so oil demand has fallen greatly but production hasn't fallen by the same amount so it's meant that produces a backlog of oil it's starting to cost a lot of money to store that oil that they've been having to rent tankers off the u.s. coast to put it on this reach the point where it's more expensive to keep it and it is to sell it so they've been having to literally pay people to take it off their hands and handle the storage costs instead of friend describe it as the battle costing more than the oil that's within it but then just one point that you were making why is production continuing when there's really no demand you know what this is something that nations around the world have been arguing about over the past few weeks we did have this agreement between the opec nations and their allies to cut global production by 10000000 barrels a day a couple of weeks ago turns out that's not enough to cut it by but also in the u.s. companies that have been reluctant to cut their own production there is the costs
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associated with doing that they also don't want to give their competitors a chance to overtake them so production has continued even though they can't sell the stuff fast enough so it's going through the refineries but it's going nowhere. it's an interesting example you gave about the chalk to i would love to get a chocolate and be paid one of your all for it so if i'm a noble consumer oil is effectively free that's a good thing is it well it's a good thing for drivers in the u.s. at the moment actually it's already been a good thing oh yeah for the u.s. since the start of january the petrol prices there for them by 2 thirds so drivers are having a great time at least they were when they were allowed out on the roads now they're much fewer people on the roads the petrol price is very low but where are you going to drive how are you going to use that petrol so we can expect the petrol prices to still be low when the economy does start to get going again in the united states lower than they were before the corona virus outbreak but as people take to the
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roads again those prices are going to go back up you can have the oil law but do nothing with it that's an interesting dilemma to be in roberts thanks so much for explaining that to us for now here's a look at some other stories making headlines around the world u.s. president donald trump says he will temporarily suspend all immigration by signing an executive order is of the action was a response to the coronado's outbreak and to protect jobs more than 22000000 americans have applied for unemployment benefits in the past month because of pandemic lockdowns. israeli prime minister benjamin netanyahu has agreed to form an emergency unity government with his political rival benny gantz following 3 inconclusive elections protests were held over the weekend against they said no he faces trial on 3 charges of corruption but he denies any wrongdoing iran is sending thousands of migrant workers back to afghanistan iran is one of the country's worst affected by the current artist but future tourney's are being
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tested for the disease the outbreak has put extra strain on an already struggling uranian economy. south korea has denied media reports that north korean leader kim jong il is gravely ill off to heart surgery syl said it had seen no signs indicating that the 36 year old was in a c.d.s. condition speculation emerged after kim was not at celebrations last week for the birthday of his grandfather a key event honoring the nation's found that he'd never missed before. donna frank smith joins us now from seoul frank good to see you what do we actually know right now. well what we know is what you just mentioned that kim jong un skipped the anniversary of his grandfather's birth that's kim il sung on april 15th that's so important in north korea because the kim dynasty must
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be maintained and that made inside the dynasty is what kim jong un largely uses to legitimize his power so skipping that is a major thing that we need to look at we also need to look at the source here the source is what's called daily n.k. it's a web site here in south korea a media outlet that supported by a number of n.g.o.s and generally run by defectors that rely on sources inside north korea making phone calls using clandestine cell phones making phone calls to sources inside of china in that nation filtering back to daily in case it's been painted even by the south korean government as somehow somewhat unreliable hence the south korean government today is in denial of those reports and on the dalian kay website later today they changed their reporting on this to say that it
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was really one source within north korea on which they were relying for this information about kim jong un's suppose it ill health let's just assume strength of these reports just for sake of argument are true what would happen if something adverse were to happen to kim jong what is the line of succession in north korea. well that's an excellent question and something that you know has been on the minds of of people in the past one thing we need to look at is is how opaque north korea is when when kim jong il died back in in 2010 we didn't even know for 2 days the international community didn't know what happened and then when we did know that line of succession became incredibly important what happened recently was kim jong un's sister kim your junk was promoted she is. basically the minister of propaganda in north korea and you've seen her around kim
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jong un for all kinds of state of events so certainly that would mean tain the kim dynasty and also she is in a quite a high level position within north korea now john as frank smith but that from seoul thank you very much for that frank germany has announced a new move in the battle against the corner of august and then america says the government will set up and train more than 100 more by testing teams as part of efforts to track all chains of infection on monday germany began easing some coronavirus destructions allowing some shops to open but meccan warned people not to develop a false sense of security it's something that's not as we near it at this store in cologne custom is required to keep a safe distance from one another that well that's happened when more people had a right. chance in america the nights the easing of germany's strict sloughed and
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just days ago that's now she says she's worried people may think that pandemic is no no a problem. miss india says we must proceed slowly step by step and with caution it would be a real shame if we were to suffer a relapse despite being able to avoid that and put our initial successes at risk to our actions. so we must not be careless or be responsible not even for a moment the. retailer patrick ins up in me of the french border is only allowing 15 people at a time into his shop he's had to improvise a plan to keep everyone safe. we have put a bill at the door each customer rings the bell and then we let them in if possible old otherwise they will have to wait for perhaps 10 to 15 minutes we put a table in a chair outside the customer can sit in the sauna and read a magazine while they wait. by the thai took that as well provided unlike in other
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states in sa shops with over 800 square meters of sale space can open if they're divided into separate areas meaning big department stores can return to business to in saxony cloth face masks are required in shops and on public transport to the area and have followed suit will soon be mandatory that to the lack of a single set of rules for all of germany has irritated. the region as i would like to see standard rules for retailers across the whole country and i would prefer the rules to be implemented immediately in the different states that. germany's retailers are optimistic as they emerge from the lockdown as they wait for customers they hope a new business will not lead to us so infections. germany is just one of our number of countries that have started rolling out plans to reboot their economies it to me says that before the end of this week if you outline plans for the gradually easing of lockdown distractions from the 4th of may several u.s.
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states of announced reopening showed year olds with georgia aiming to restart its economy by the weekend but the world health organization has warned that rushing to ease restrictions will heighten the risk of the disease the global death toll stands at nearly $117400.00 according to johns hopkins university in the u.s. . the goal of us has brought global supply chains into sharp focus especially in production giant china while beijing insists there is no mas exodus of foreign companies out of china a growing number of western firms are considering moving production elsewhere for them direct investment into china plunged nearly 11 percent this year the coronavirus is testing ties between washington and beijing and there are fears especially about supply of medical products the u.s. and japan are offering billions of dollars to companies choosing to be located home this picture you're in beijing he's president of the e.u.
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chamber of commerce in china mr whitaker welcome what impact has the current about as pandemic had on european investment in china well i mean it hadn't tremendous impact there was basically a supply side show. many companies close down and now we coming out of this when you factoring actually comes out of this quite round service providers are still crew do much good on drums but of course the investment decisions we have to take now have a newer down mention of what are we going to do if this happens again what does that mean for china i mean is china making any efforts to keep and attract foreign direct investment from the e.u. . i think 1st of all they do have to undertake you know norm of efforts of ministry of commerce and others in order to signal to us they want to help us of course now we wait for the implementation of all these promises
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at the same time of course that they have to realize that the competition globally for investment from c european companies will be more severe we will definitely look at more options the china only story i think is over but speaking of competition i mean does the shore that the pandemic that the bend demick is going to force your opinion farms to maybe look elsewhere and not be sort of lie and on china well i guess people certainly will look into this at the same time that china is just an incredibly effective economy has wonderful infrastructure has the educated people so to relocate for example from a province of one dorm which in itself has the g.d.p. of russia or from the city of shenzhen which has the g.d.p. of south africa to other place of course this immediate challenge but i can imagine that if acacia will happen in areas where our home governments in europe will feel
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that they have to be closer to home pharmaceuticals i think was mentioned as one of them. from the in your chamber of commerce in beijing thank you very much for that thing. reporters but our borders has just published its press freedom index it ranks countries according to whether their media allowed to operate without censorship in a moment we'll speak to a journalist and author of the philippines but 1st a look at how different nations are when it comes to press freedom. at the bottom of the table eritrea turkmenistan and north korea reporters without borders classify the lack of press freedom in those countries as very serious sudan is also in that category but last year's mass protests that led to the ousting of president omar al bashir have resulted in stronger democratic structures and reduced restrictions for journalists as
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a result the country ranks 16 points higher on the index than last year countries that made similar improvements include malaysia any theo pia. while poor ratings and given to the west african state of binny and which fell 17 places and haiti down 21. the caribbean nation is struggling with an ongoing political crisis and violent protests in the past year journalists there were repeatedly attacked one was killed. the united states ranks at 45th place this year after 2 years of decline the situation has slightly improved over the last year but reporters without borders cite the u.s. as a warrior example of hatred incited against journalists by elected politicians with verbal and physical attacks against reporters alarmingly frequent terms of action germany ranks 11th place also up 2 places from last year the main reason for this
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is a decline in the numbers of attacks against journalists but reporters without borders say this still concerned for the protection of journalistic sources. the country's ranking highest for. freedom remain in scandinavia denmark finland and no way. other federal to show that the philippines has dropped 2 places to $136.00 out of $100.00 countries and someone who knows what that means a journalist and author of money over who's had several run ins with the government he joins me now from manila not have any good to have you on the program what is it like being a journalist in the philippines now. i think the 1st thing is that the world seems like it's never going to be the same again where it are 6 weeks of lock down and their. president to take aside an emergency powers laud march 24th that gives them tremendous power work including an insurgent ssion that essentially could
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allow with swords to jail or anyone for a month or 2 months and find them about 20000 dollars i mean you're somebody who has experience with this don't you i mean that i lost on i think you have what 7 cases and if that's a correct count against 2 from the philippine government i mean are you afraid that the philippines government is using the coronavirus crisis to gain more control over the media. look i think that what we're seeing is a government that is trying very hard to deal with a pandemic this is like i said 6 weeks in right and we have to decide the government has to decide whether it will stay or lift this kind of lockdown on april 30th they have their hands full having said that 30000 people have been arrested for and for quarantine violations and then we had a former congressman and his team who were out distributing relief goods are
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arrested and charged with sedition so these 2 things are going hand in hand yes journalists more than ever the mission is much more important because not only are you trying to hold government to account we're also trying to make sure that our citizens have the right information and at the same time to tell them that we need to keep asking for fashion right so. i think in a strange way we've been under attack for 4 years in rappler this is an extension of that but it is also a very different time where our entire nation our entire world is under attack do you think that they're moving forward things are going to get worse for you in the philippines and for me to freedom in the philippines before they get better i think there are 2 problems that we're going to have to face lock down the 1st is really can and independent news groups survive this right are business more than at any other time is under attack cash flow is king years you're going to see
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a recession it's not a depression in many countries around the world so that's the 1st of the 2nd one is we've got to go out and do our jobs even more because our people the best. president or thank you so much thank you. investigators in canada trying to determine the motive behind the wost mosque shooting the country has experienced the gunman had disguised himself as a police officer the focus on a rampage in rural communities across northern scotia shooting residents and setting houses ablaze you know an attack that last hours the shooting rampage ended at this gas station where the suspect was killed that police chased the gunman for 12 hours during that time he shot at least 18 people dead the hunt for the shooter spanned 100 kilometers from rural puerto peak and the canadian province of nova scotia authorities warned residents to stay indoors several people including a police officer were slain at various locations. and countless families are in
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mourning today each person who lost their family and friend. and they too will need their support. the impact of this incident will extend from one end of the province to the other canadian prime minister just to pay tribute to the slain officer and the other shooting victims he also praised those providing emergency service. action between us and. no matter how evil. or how destructive the government's motive is still unknown investigators suspect that he planned the shooting spree the 51 year old denture fitter had disguised himself as a policeman. as canadians mourn prime minister to pledge to continue with the planned introduction of further gun control legislation.
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some breaking news coming in. october 1st their festival has been cancelled due to the court of. the state. said that at an event that attracts $6000000.00 visitors every year the risk of infection was way too high and it's not just beer but music it is also facing the brunt of the. with lockdowns in place in many countries and. the prospects for life performances in the future bleak in the u.k. a platform for booking artists is now offering musicians and alternative way of making money. reports from london. savannah hunted down here actually i hope you're right there in south africa this is a special music message not for an ox here in london. a light hearted video message for some doctors composed and performed by musician tom morley. how are you going to help me with. being
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a musical messenger is the new day job for tom hall. in no. i fly all kinds of weddings and events all over the u.k. and europe. so tends to be mostly my weekends completely for less work full time job obviously in this situation they will be perspiring don't count so it's gone are the days of live gigs where tom could perform at parties on greek islands or an indian weddings. his income has vanished overnight spring and summer are usually the busiest time of the year for musicians like him but music and theater venues across the world remain firmly shut and with nobody knowing how long this will last musicians have been coming up with a plan b. past their lies musical messages the website on calling stem with clients
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allowing them to earn money and to do what they enjoy most of all to perform. music is one of the u.k.'s best exports and the u.k. music industry is enormous so to see it all within the space of one a few weeks to go from beginning to almost nothing has been has been extremely difficult for everyone in the music industry we didn't want to sit more in the loss of life performance we wanted to sort of turn our heads to a solution and think what can we do right night to help musicians our money from home. to make it service even more attractive encore donates a small amount of its earnings on each message to the british national health service performed songs for patients suffering with current or hospital. i've even performed at someone's virtual party or. it's really good.
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so far several 100 messages have been sent all over the world for musicians like tom morley this means that they can now pay their rent. i'm certainly not feeling positive all the time myself at the moment. but it gives me a focus yeah great great channel positivity into every day. and to show how truly adaptivity is tom gives a very special performance in german. kiss in the bar. bar is there. anything is there. they said. one does show this is david news in berlin a quick reminder that you can get news and features or all the dogs on our website and you know without calling the boss you can follow also picked up at the news
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guys. i miss meeting quite honestly i didn't have the time i have just 2 of hundreds of thousands of children living in an overcrowded a few g. camps and living on thanks to a football project looking good a few more hours of respite at beirut dark. matter. beirut park kids getting refuge in football. on teetotal. friday's fucking jump minus 30 celsius
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