that would threaten the survival of a number of clubs and it would jeopardize the livelihood of around 56000 people who work in german professional football. you're watching d.w. news live from berlin stephen beardsley is up next with the w. business stick around we'll be right back. what secrets lie behind. discover new adventures in the 360 degree. and explore fascinating world heritage sites. w. world heritage 360 getting out now. in the.

climate change. post makes it. much too soon. to use today how for the future of. g.w. dot com megacities for the 18th. click. grim news for the american worker jobless claims continue to soar now totaling 26000000 americans out of work during the pandemic and creating new urgency for government's response. also on the show europe says it's coming to the rescue of its members hardest hit by the pendennis the question is out. and textile workers in bangladesh

say they're not getting paid while their factories are flows and if they can't hold out for long. this is your business report i'm stephen beers in berlin it's good to have you with us. more bleak unemployment news from the u.s. labor department statistics showing a stunning 26500000 americans have sought unemployment benefits in just over a month and this means all the jobs gained during the longest employment boom in u.s. history have been wiped out by the pen demick the record jobless claims represent more than 16 percent of the u.s. workforce and they come as several u.s. states announce plans to open their economies over the next 2 weeks. and let's go now to our financial correspondent in new york younes korda. more dismal numbers we've seen us a few times before any idea when this is going to end. well at least if you want to take a tiny little bit of good news some at least less people filed for those

unemployment claims in the past week than in the week prior but overall the speed was so which jobs are getting lost are clearly breast taking claims are not equal to people who are really getting unemployed but to miss the mids are there up to 4045000000 people theoretically could lose their jobs and if we look at the claims we should also forget that it's still very difficult for people to actually file the agencies are completely overwhelmed so a lot of people who are trying to apply them physically or by the phone they do not really get through so the official number is probably higher than those 26000000 as you mentioned earlier. all right meanwhile in washington congress still has shing out another rescue package for small businesses will it help. well i mean it's called the peril protection program so the

a dear is some that people do get the help a soul that we will see less companies leveling off people but as we've seen in the 1st round of this 150000000000 package for small business owners we saw that the money did not necessarily go where it was intended to go you had rich and you were cities like harvard for example receiving some money you had rich individuals or wealthy individuals getting their money so that will be the trick now for the 2nd pickett's to really get the money to small and midsize business owners but there's already talk that even the 2nd package will not be enough so that a 3rd pickets might be on the way sol for knowledge the government tries to throw money at the problem but it's not fully working itself yet all right court of their force in new york thank you. over europe now where european leaders agreed thursday to the creation of

a recovery fund within its budget to help members hardest hit by the pandemic they remain however divided on how to lay out those funds leaders task the executive arm the european commission with fleshing out a plan by may 6th southern members including heavily indebted italy one payouts to take the form of grants which don't need to be repaid but a group of northern members including the netherlands prefer alone. and for more on this i'm joined by adam tos he's director of the european institute at columbia university and is closely following this debate. out of so crowded and sort of has stolen the spotlight of a lot of this debate but really a massive growth in the e.u. budget it looks like isn't this a win for those who believe in a more fiscally coordinated e.u. and i think it will depend very much on the details of what emerges from the package only 6 of my own will can and subsequently be agreed between the governments i think it's worth remembering that this meeting was billed as make or

break i think it's that bad it's a little hard to see it as an anticlimax to be honest because this sort of the clash on the bones of this proposal on the other hand from the point of view of those who do not think i lies ation all debt in finance within the e.u. it's also really in a sense the new and no one knows it was in fact a commitment to the expansion of the budget a very considerable expense to the budget everything i think is probably still to play for this moment. does this mean then that the idea of corona bonds is basically out of discussion now or has it just been changed. in the end up form i think probably yes that tuned out to be political poison the french who had initially aligned themselves without idea backed away and position themselves as the mediators between adoption the italians been effective we're talking about a large expansion of the e.u. budget and if that is not to come only from contribution from the member states there and the e.u.'s search will have to lower and that's tantamount to the kind of

mutualization that people were talking about it will depend very much on the legal niceties that wagon which liabilities structure whether or not very big issues for instance like taxation fool the e.u. addressed which would be the only tumut direction in which one might move in which debts range that the e.u. level were backed by e.u. revenue streams a behind this debate has been the adamant opposition from countries like italy to borrowing from the eurozone bailout fund which was created during the last recession why has it been so opposed to doing that well because i think we have to reckon with the fact that the memory of the year is a crisis in the way that was handled the divisions that well out. of deeply poisonous it's tantamount to something like a kind of low level european civil war it's difficult for the north to admit this i think that those feelings are then out on the part of the southern member states and furthermore the republic is in italy in particular how the media of course is the key figure here who are willing to exploit those sentiments and they have made

the circle have this ability mechanism political poison for the government even if they would be tempted to take it up that it is convenient and it's that it would be dangerous for them politically to do it. right as always and heal wounds between northern countries and southern countries really behind a lot of these stores adam tuesday rector of european institute at columbia university thank you very much thank you let's take a look now at some of the other business stories making headlines around the world . half of all german firms are using a state finance short term work scheme to cut salary costs during the corona crisis that according to a survey of the economic institute of the scheme allows companies to keep workers on payroll 80 percent of companies have seen revenues fall due to pandemic measures . tons of says it's seeking state aid to stay solvent this after reported a 1200000000 euro 1st quarter operating loss which it blames on pandemic measures

the german airline says it's in talks with governments where it where where it and its subsidiaries operate. a volkswagen has resumed production in germany after more than a month of shut down its reopened its factory in the eastern city of stick with stricter hygiene measures in place there which produces mercedes benz also resumed some production this week. and speaking of dime of the company has posted an 80 percent plunge in 1st quarter operating profits of the company had already withdrawn its earlier more optimistic 2020 targets forecasting the sales of cars vans buses and trucks would all fall this year. and you probably heard that the pandemic has disrupted supply chains around the world well those chains are actually a series of jobs and they begin in low wage manufacturing countries like bangladesh they're close factories have left workers without work and struggling to survive

through. despite the lockdown thousands of seamstresses from the textile factories in dhaka have taken to the streets they are hungry and they are angry the government has instructed textile companies to keep paying wages to workers join the closures but many factory owners won't comply. and it are somebody of course was scared of catching the virus away protesting anyway we have nothing our families are suffering we're risking our lives here because we're hungry and that's worse than the coronavirus the didn't even have the money bangladesh has the 2nd largest textile industry in the world normally and bobby long gone once in dhaka the same stresses crowd together here at the beginning of their shifts but now only a handful of workers are allowed in to maintain the building. nearly 20000 employees and now on forced to leave the textile industry in bangladesh earns more

than 30000000000 euros in revenue a year and has helped the country emerge from the list of the world's poorest nations. but the lock down isn't the only reason for the production halt. customers don't stop placing orders soon we're going to have a big problem if we're not allowed to manufacture and deliver our wares that's another problem we paid our workers in march and we'll pay them in april to but we have to take out loans to do it. people are starving the government is distributing food but there's not enough to go around experts fear the coronavirus could set emerging countries back 20 years that's why the textile industry is appealing for help from the west. look if you're going to business break these cancel the order in this situation so definitely we asked them to reconsider this issue and.

should take that. and there would be other roads. to an industrial when we collapse it's the since she says who suffer most their wages often only amount to $100.00 euros a month as long as that's not being paid and continue to protest despite the lockdown. and that's it for me and a business team here in berlin you can find out more about these and other stories online at t w dot com slash the lead check us out on facebook and twitter we'll leave you with a look at financial markets i'm seeing there's a watching. instead

of fireworks. in madagascar. the students are learning how to make ballots and we can plan to remain. in the cold. less

deforestation and more nutrients for the island nation. for go. on t.w. . during the conflict zone jim sebastian. this week on becoming back a man like millions of people around the world through social distancing as well my guess is the republican party's national spokesperson for good president sean mahmood. the spread of the disease. conflicts. in 60 minutes on t.v. . look closely. listen carefully. don't know the soon. to be

a good. match. discover who. subscribe to a documentary on you to. dump . hello and welcome to eat who are free to go where we highlight green topics and ideas from africa and europe. and i'm in lagos nigeria and with me is my

co-host in uganda hello there sandra hi there i'm sunder to nobody here in kampala uganda and in this week's show we go to germany to meet a monk who's.