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tv   Business - News  Deutsche Welle  April 30, 2020 11:15pm-11:31pm CEST

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sports matches in kong search will be until the end of august. you're watching the news for rob once as of next with a charged up the w. business report stick around to be right back. to know that 77 percent. are younger than 60. that's me and me and you. and you know what it's time all voices. to say. this is where. 77 percent this weekend on d w. in the area of climate change. for.
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what's in store. for the future. are going to go city to go inside. 13000000 americans have now filed for unemployment benefits we'll take a look at what's being done to get the world's biggest economy going again. thank you and a virus means business says having to adapt. is one of them converting passenger planes to freight. business on robots in berlin welcome along the u.s. economy continues to shed jobs at a record pace with more than 3800000 americans filing for unemployment benefits
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last week nationwide lockdowns out the wreck or dropping consumer spending a causing many businesses to lay off employees as they just try to survive. more and more americans are lining up to file for unemployment benefits offices factories hotels restaurants and schools have been shuttered to stop the spread of covert 19 as a growing number of employers cut payrolls to save money economists expect the unemployment rate to continue climbing the number of americans filing for jobless claims each week rocketed in mid march reaching a peak of almost $7000000.00 late in the month it has remained high with more than 30000000 asking for assistance since the corona virus outbreak began earlier this week the government reported that the economy contracted out a 4.8 percent annual rate in the 1st quarter but more grim news is expected in the 2nd quarter analysts believe the economy could contract at an annual rate of as
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much as 40 percent between april and june. amid signs of the corona virus outbreak plateau ing in some regions there is growing pressure on politicians to ease lockdowns many state governors have taken steps to reopen their economies but a large majority of americans remain wary of returning to shopping traveling and other economic activities u.s. consumer spending which accounts for 70 percent of g.d.p. tumbled 7 and a half percent in march and americans who are still employed are stashing away their cash fearing that the situation will get much worse before it gets better. well now let's bring in our financial correspondent he's in new york yes millions more people joining the u.s. unemployment vegas markets reacted to that. well we did not see the markets tank as much as you would expect to see in those figures so
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there was also some nervousness because the washington post reported that the trouble ministration might take some measures some origination measures against china because they're not happy how that concrete tell them communicated was the corona outbreak of that's going to happen we don't really know but if you take the circumstances we only dropped a good percentage here in the thursday session and actually for the month of april the s. and p. $500.00 index of the main index here. on wall street is up by almost 13 percent meaning we've we're marking here the best months since 1987 so really quite unbelievable what's happening at the stock markets in the past couple of weeks despite all those spent economic news yes a major u.s.
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firms have been putting some impressive think is we've had quite a nice from apple how are they doing. well there's not reaction is a bit mixed in the after hours session but overall it has been a very solid quarter ok i phone sales dahlan a bit by about to 7 percent but overall 1st of all apple is saying that if he's to china the business is recovering at least civility and then in other places in the u.s. for example if people can't get their homes they have to work from home so they were buying other devices like i put it or make computers and also using apple services and more than in the past so overall a very solid quarter from apple and then we also have numbers from amazon the other big trillion dollar company here in the united states and they profit from people buying almost everything on line but they also have to invest more and so to offer
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those services they employ more than $100000.00 euro workers so they ditched beach on the revenue side but didn't meet didn't miss on their. profit side and that's why the stock is down quite a bit in the oft hour session but we also shouldn't forget amazon is up about 30 percent since the beginning of the year thank you have financial correspondent yens cohen joining us from new york. now for a look at some of the other business stories making the news. was just touching on the fact that profits fell 29 percent during the 1st 3 months of the year that's despite revenues rising by more than a quarter the company says it's an example wiped out by costs associated with corona virus outbreak including taking on new staff. american airlines has posted a loss of $2200000000.00 for the 1st quarter of the year travel in the u.s. has fallen by 95 percent since the start of the coronavirus pandemic carrier says
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its revenue fell by a 5th during the 1st 3 months of the year. now this year it is unlikely that british scandinavian german tourists will be heading to the meds to soak up the summer on tuesday the german foreign ministry extended its worldwide travel warning until at least the 14th of june spain's tourism sector is certainly feeling the heat. right now the beaches and streets of boston a nasheed be teeming with life the city is one of spain's tourist hot spots normally the main season gets underway here by easter at the latest but this year things are anything but normal and that's not likely to change anytime soon. in the best case scenario assuming we were to do things really well in the all celebrities stepped in to protect the tourist sites and. even then we would see a quarter of boston known as bars and restaurants closed in the next 12 months.
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because it measures for the spanish economy this compulsory break is disastrous tourism makes up around 14 percent of the country's g.d.p. more than any other sector it employs almost $3000000.00 people many of them have already lost their jobs. we need to stick together tourism is essential to the economy and it will need support to come out of this fighting other countries may have different sectors they contend but here tourism is everything. the tourist sector is facing a long period of drought people here hope they'll be able to welcome foreign tourists back by next easter. now mention those drastic figures for american airlines traffic around the world is almost at a standstill travel restrictions are seen the majority of flights cancelled leaving planes empty of passengers but lines like you have tons of them filling them with
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something else the flight from lima to frankfurt took more than 13 hours the boeing 747 was the last rescue flight that carried out on behalf of the german government. on board flight 341 almost $280.00 passengers who were happy to be back on german soil it was also a special flight for the crew because of the coronavirus crisis they weren't looking forward to the end of their working day as they usually do. we will be working far less this month i just had this one flight it doesn't look like there will be much next month either we don't know how long this will last nobody does and of course we are worried. look to answer has canceled 96 percent of all passenger flights judes the international travel restrictions. and it's now trying to get at least a few planes in the air. to do this technicians remove the seats.
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large nets a stretch where the person just normally set this up us is now ready to transport boxes impossibles and freight is piling up in shipping companies warehouses because nearly every passenger plane also carries freight and since most liners have remained on the ground that freight is going nowhere. right in front of dumping a lot of phrases flown in the bellies of planes especially on transatlantic and long haul flights right now this capacity is absent from the market 90 percent of passenger aircraft have disappeared and their cargo holds are no longer available to us that's about 50 percent of total freight capacity on top of their teeth and. less capacity means rising prices sending a kilogram of freight from china to germany now costs 5 times as much as it did before the pandemic that's why these repurposed passenger jets travel between china
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and frank fast every day mostly carrying protective equipment to mosques similar special flights also go to munich. it's an ambivalent feeling under the circumstances it's good that we can do our part to help but of course it would be much better of the receipts on board with passengers sitting in them and if possible but all those seats have been sold is it typical for. the additional cargo flights are only providing work for a few look times for employees it's almost all flight attendants and most pilots are being furloughed and with the uncertainty over the airlines future. and the coronavirus pandemic has seen the return of some unusual practices around the world as people call on tried and tested methods to get themselves through when in cuba patio picks have been making a comeback cubans have taken to reading the animals themselves in whatever space they have because of a severe shortage of poor with markets closed the meats prices doubled making it
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cheaper to rid the pigs yourself the practice was common during cuba's economic crisis 3 decades ago now figs are being kept in gardens kitchens and even bathrooms . in my part i would say there's already a pig around my place as a for me in the business team here in berlin you can find more from us at we don't converse lashed business we're also on facebook and twitter thanks to.
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my 1st. cameraman i was just one collection side. the materials are recycled and resold for a fair price but because of that to produce a good look is one of all objectives is to stay dissipation of more than technology that is to give people time to buy a new device focus she takes to get that $0.50 on the math wonderful africa. w f enter the conflict zone in these extraordinary times we decided to take the
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opportunity to focus on the impact that the coronavirus pandemic is having on human rights around the world there are reports of invasive surveillance authoritarian power grabs my guest is the head of human rights watch can it profit from any limitations on people willing to accept in order to fight a threat like coronavirus conflicts. in 60 minutes on d w. hey listen. that's what a video game music sounded like 30 years ago. today he's trying to take the experience to another level punk a sense to him talk composer points are. featured in many
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games his music is bound to. for his fans he opens doors to. sounds good. though genre that's so much more than just background music. video game music on d w. a warm welcome to our new edition of africa environmental longer seen brought to you by d.w. in germany n.t.v. in uganda on jenna's t.v. in the geria i am sunda to know there's good in kampala uganda and of course with the ease my charming colleagues from nigeria thank you sandra i'm now a tiger here in dumb osted you.

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