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tv   Business - News  Deutsche Welle  April 24, 2020 11:15pm-11:31pm CEST

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to his young fan. a ride back. a memory sure to last to infinity and beyond this is d. w. news in berlin a quick reminder that you can get news and features around the clock on our website at d.f.w. dot com and with you up along with twitter at d w news stay tuned for business. the global corona crisis you can find more information online at e.w. dot com and on t.w. social media channels. how does a virus spread. why do we parent and when we'll all be. introduced through the topics covered and the weekly radio show is called spectrum if you
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would like any information on the coronavirus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at. 45 science a. small businesses begin to reopen in some parts of the u.s. despite the continued rise in coronavirus case numbers look at why some states are in such a rush to get back to business as normal. also in the show's start up struggle to survive at a time when cash is king and many are light on reserves. and will bullfighting get a bailout the industry wants help from a dread but animal rights activists hope that the pandemic can finally kill off the practice. this is your business report i'm stephen bears in berlin it's good to
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have you with us the u.s. state of georgia has become the 1st to allow small businesses like bowling. and hair salons to reopen despite the warnings of public health officials state leaders say companies will be required to take appropriate safety measures but the decision has run into broader opposition among businesses and the public cases of copan 1000 continue to rise in a state which has one of the lowest testing rates in the nation. and for more on this i'm joined now by our financial correspondent in new york yes korda yens how exactly are businesses and the public reacting to this reopening and georgia. well i would say overall there's some nervousness on the other side to georgia especially is seen as a kind of a guinea pig a lot of the other states just curious how things will actually work out which when you slowly restart the economy one of the questions clearly is which businesses
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will open because a lot of the bigger companies are actually saying they're are on a wait and see mode before they restart and then all to question is how many employees actually will show up for work so everybody is watching what is happening in georgia in the next couple of days. and we know we know already that some states do plan to follow suit in the coming days why is there such a rush to reopen in the u.s. when the disease is still spreading pretty rapidly. well to put it simply it's people are desperate we don't have the social systems that you might see in some parts of europe of people losing their jobs by the millions people do not have any big savings at least most of americans don't and so they're just desperate desperate to get back to work and make some money to actually get life going
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but there is clearly this big debate if it's a very good timing from georgia as far as i know cases are still increasing are not slowing at this point jim some of the local mayors in georgia actually are not happy that the governor is trying to open this state that fast but well to put it simply it people are just quite desperate and they're just hoping that the restart of the economy as slow as it goes will work out without a kickback in the cases of for corona infections all right yes quarter there for us in new york thank you for let's go over to europe now german business sentiment has plunged as companies real from the effects of the coronavirus crisis and that's according to a new report from the country's research institute which says the key measure has hit its lowest level ever and that there's no improvement in sight with the ongoing lockdown restrictions in germany and abroad companies expect the slump the demand
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to continue says the situation is especially dire for small businesses and startups . as mentioned the start ups in particular face a unique challenge they invest the bulk of their revenues into research and development that leaves them a little cash on hand and while some are adapting others may have to fold. in a matter of just hours the largest series build 3 d. printers can manufacture industrial parts or prototypes up to one cubic metre in volume the high tech machines are made by a berlin startup big graham c.e.o. martin back sells his gigantic printers on every continent and he's made the company a world market leader but now during the coronavirus crisis many of his customers are struggling to survive in january orders stopped coming in from asia then europe and the us followed and now the company has had to go to reduced working hours or. if i would just our costs and the lower revenues who are saying now and expect in
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the future we notice our customers are clearly reluctant and there are logistical problems too we're a global company in asia we've had major problems delivering our machines but also installing them and bureaucratic procedures like customs clearances are all disrupted. that are in berlin almost all of the 100 employees are working from home it's the same for the branch offices in singapore and boston and the daily video conferences aren't enough to make everyone forget that every day not producing makes the situation worse the industry association become monitors startups throughout germany whether technology mobility or software companies sales are falling off everywhere and financial reserves are dwindling become specialist mount of which says startups usually fall through the cracks when it comes to the numerous german government aid programs. to qualify for these programs the startups
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must already have made a profit but that's very rarely the case because startups invest all their capital in growth and as a result they usually don't make any profit in the 1st few years we've been there. that big rep martin back in his team have developed 3 d. printed face masks he says he wants to help others during the coronavirus crisis. it's actually pretty easy to write because at the end of the day you just need to make a new model of what you need or anyone as on the part that they want to reproduce and then just to predict it is a machine so we're talking about instead of moms almost 20 of big groups 3 d. printers are producing either ventilator parts or face masks around the clock they're printed and then sent to doctors and hospitals the company either gives them away or they're sold high cost finished. well this week began with 2 of the wildest days an oil trading history as the u.s. benchmark plunged to minus $40.00 a barrel and the price collapse an oil firm scrambling to limit the damage created
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from a fall off and consumer demands among them nigerian oil company a wanda whose chief operating officer spoke to the news about the impact. oil fields in the niger delta have been pumping black gold into the nigerian economy for years accounting for 60 percent of on your revenues and tarn it into africa's biggest oil exports or this week's price collapse however has shaken the industry. the entire world today is shocked. industry has never seen. these numbers or. complexity of the problems we have. cultural issues that have come together to create what i would call in my time the most worrying. being nigeria's largest drilling and
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refining oil company is particularly exposed to the fluctuations in the global oil market. at 0 price there's no business there's no commercial case for spin it's in existence so we look for it and that's and that's what. the government has asked for a 7000000000 loan from the i.m.f. and offered concessions to the energy sector but an existential question lingered in the air this week is this the beginning of the end for oil. might take a while before you see large crowds. and change your habits and so i'm taking all this into consideration 22 potential to. see the world get back into. operation electricity highs or recall. the i.m.f. estimates that just to break even nigeria needs the price per barrel of oil to hit
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$144.00 which might be part of the reason is reducing its dependency on crude and investing in renewable soon nigeria may have to do so to. well some call it a key part of the country's cultural heritage others brutality against animals bull fighting has long been a controversial part of spanish life and now the controversy is set to grow the industry is asking for a bailout. this is what many tourists come to spain for to see torpedos fighting bulls the country holds 2000 of these contests every year but because of the corona pandemic stadiums are currently closed and do breeders like we don't know martine are warning the crisis could finish off the entire bullfighting industry he has 80 bulls on his ranch raising them costs $5000.00 euros each but if they don't go to the arena they'll go to the slaughterhouse where their meat is
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worth no more than $700.00 euros. homosexual a perfect world will do that we are one of the most important cultural events for this country we have never received subsidies from the state but now it is time for them to help us it's time for us to receive something good for all that do fighting industry has given to the state. in fighting has existed in spain since at least roman times the constitutional court declared bullfighting part of spain's national heritage a few years ago. animal rights activists consider bullfights as grave cases of animal abuse they urge the government to reject the 700000000 euro aid package that breeders and stadium owners want sounds and. we want the government to put an end to this activity which is rejected by the majority of society we want them to prohibit both fighting and put an end to this court that has been sustained
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for too many years ago when the law to the. spaniards are split over the issue but almost everyone in spain agrees that funding health services and helping the most needy should be the priority and not the demands of the bullfighting industry . and that's it for me and the deed of business team here in berlin you can find out more about these and other business stories on line a d w dot com slash business i'm stephen beers in berlin was watching.
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dr carson examines the man. you power of the little. alcohol bra. i know you know the trick you just take some vitamin fills intercepts whole month happy and healthy life but is this really true we expose some of the myths and give you sandra nutritional advice good shit. on drugs.
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effort. by old cool instead of fireworks. in madagascar our students are learning how to make pallets and we can plant remains. in the goal. less deforestation and more new tree for the island nation in africa. 60 minutes on t.w. . or. they were abducted by the nazis and taken to germany to be raised as citizens of the i. hear in world war 2 thousands of polish children suffer.
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even today many of them don't know their real parents well. they've lived with this trauma for decades. telling children the kidnapping campaign of nazi germany starts april 28th long d.w. . in. hello and welcome to in good shape many of us say that this is a very entertaining show and as a special treat i have a magic trick for you. i'll get up.

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