well you know with the sounds of cuffs at. this state of emergency normal. people around the world aren't documenting this traumatic times. they're keeping the current diary. and welcoming us into their own. little sketch it's up close and personal that's the kind demick with my own. diary starts many teeth d.w. . every journey begins with the 1st step and every language with the 1st word

published in the cook. recoat is in germany to learn german why not come with them simple online on your mobile and free to suffer d w z learning course nikos free german made easy task to. the european union has entered the deepest economic recession and its history the e.u. commission says the blocks economy is expected to contract by a massive 7.4 percent this year because of the coronavirus. also coming up as germany clears the way to ease more restrictions we take stock of how the lock down intact at the countries of the role economy. welcome to the business i want to get johnson the lend good to have you with us all economies around the. well they're

grappling with the fallout from coronavirus lockdown measures in germany the all important manufacturing sector is among those hardest hit new figures show industrial orders in march fell by more than 15 percent the lowest level in 3 decades this has demanded those at home and abroad plunged as a result of the pandemic the things also look bad for the rest of the e.u. on wednesday the bloc released its spring forecast for 2020 it makes for grim reading with the expected contraction for the year set to comfortably be the biggest ever after more than 2 months of lockdown romans are slowly getting used to spending a little money in their neighborhoods again citizens and many other e.u. countries are taking similarly tentative steps towards normality but the economic damage already done across the $27.00 country block by covert 19 has been severe. it is now quite clear. economic.

power. you can only. pick only. if. demand. and. on the result of all that the e.u. forecasts that its economy will fall by a massive 7.4 percent in 2020 the worst fall since the e.u. was founded in 19581 employment in the e.u. is forecast to rise by nearly 2 percent up to 9 percent for 2020. well the impact will be felt across the continent some countries will be hit harder than others italy and spain 2 of the worst hit contraries are forecast to suffer contractions of around 9.5 percent each more than france and germany the used 2

biggest economies it's not all bad news at least e.u. officials said they expect the economy to slowly recover in the 2nd half of 2020 before a sharp turns back in 2021 but for those gradually emerging from lockdowns that probably still feels a long way off. over those in germany's tourism sector the travel restrictions cannot be east soon enough the hits to revenue is expected to cost around $24000000000.00 euros is a look at how the recent weeks have impacted germany's rural economy. it is a children's paradise without the children. a relaxing retreat longing for tired hearing. and animal lovers dream and fulfilled. for more than 2 months now. farm one hour from berlin has been closed to guests and

the coronavirus lock down is costing them thousands of euros every week we finish or we have a huge losses every month we have no literally 0 earnings anymore only outgoings because the horse is still need to be careful they need to eat that costs money we have high fixed costs for the houses. on or once the government to relax the restrictions for businesses like ours she says guests can keep a safe distance in her rental homes and it apart unlike in hotels lunchables then some states have started to at least developed a concept for reopening and we really hope that we will be allowed to open up for us as far as the. we really wish for that in the farmyard yet more revenants of the knock on effects of the pandemic faria who rick

ports has come to pedicure the horses he's also losing money yes customers avoid expensive work like fitting iron horse shoes. and pia one of the farms for employees who has been placed on leave but she still comes every day. because the animals a did to my heart when it comes to the animals i'm susceptible to blackmail i know that if i didn't do it then nobody will. at this nearby dairy farm it's a different story it's not just the newborn cards who are enjoying their milk the farmer says that since the coronavirus hit more and more customers are now coming direct to fill up their milk bottles. it worth more than 4 and up with tourists have disappeared completely but people who would normally go to the supermarket don't want to go to the shops anymore. that they are coming to the farm to buy the products directly where they are producing to. put

a call. back in the race the hoff garden corner frank is preparing the hammocks for the summer season. free to take a brief pause before the busier times that hopefully lie ahead. and over to the us now which seems to be in a hurry to emerge from the lock down a son wanted to soon others can't wait to get back to business as quarter is standing by now he of course keeps an eye on the market out be it from a safe distance against which group is wall street belonging to the impatient ones of those who caution. most people clearly would love to see the economy reopening slowly again but they're also very well aware of the risks but actually one topic that as cynical as it might sound is really getting does cross get discussed quite heavily right now is liability is so what happens if businesses reopen and the employees get sick of what happens if

customers catch the virus so who's liable and that is an issue that is not fully resolved yet we have some examples for example in the meat producing industry where it's up to the employees to make sure that they're safe but what investors on wall street do not want to see is that after the corona wave we might see the litigation wave right and briefly ends what do we know about the economic impact sofa well it's quite shocking what we're seeing right now especially here on wednesday when we got the monthly numbers for april for the private sector were more than 20000000 jobs got lost just in the months of april the worst month so far had been february of 2009 when 830000 people lost their jobs now more than $20000000.00 so truly shocking numbers now on thursday we will get the weekly

numbers for the unemployment claims and then on friday we will get the big jobs numbers from the labor department for the month of april but it's quite obvious they won't be pretty caught in new york thank you so much for this update. and now for a brief look at some other business stories making the news around the world. american car manufacturer g.m. aims to restart most of its north american production on may the 18th it's also reported a stronger than expected quarterly profit despite the u.s. lock down the automaker had previously suspended its 2020 profit outlook because of the pandemic. the united states has told the world trade organization it's no longer offering tax breaks to airspace giant boeing an ounce mint comes after the w t o upheld in the e.u.

complaint which claimed the subsidies violated global trade rules disputes could have led to billions of dollars in punitive measures. economic activity in russia has plunged 33 percent due to the country's lockdown measures which were imposed in late march president vladimir putin has want the lockdown could be expanded as the coronavirus continues to spread throughout the country. now lockdown measures are hurting economies around the globe but they are specially painful for those living in poorer countries like many in latin america in peru construction workers took to the streets today demanding government aid now while most people stick to the lockdown rules they're increasingly worried about how to make ends meet. here in lima people and those strangers to disease control 19 years ago peru's

suffered a cholera epidemic that harrowing experience means most peruvians are prepared to adhere to the current lockdown regulations but they won't be able to afford to for too long. before i do know i can't stay at home where am i supposed to get money for food i have a family to feed. the government has recommended that people buy enough groceries for a month and then stay at home but few can actually do that most simply can't afford to do so much shopping in one go many peruvians have informal jobs they're paid on a daily basis. it's a similar picture across south america the tough regulations are pushing the very poorest in particular further towards the brink now some are starting to push back in so much air in colombia for example several families have occupied this residential complex. most of us streets.

because of the pandemic we're not earning anything and can't pay our rent or buy got out here and say landlords are throwing us out of all homes. are the squatters see their action as an appeal to the government to increase its support for the poor some countries have now implemented aid programs for the needy punchy because a fee is of social unrest. unless it's from me and the business team here in berlin for more to check out our website at www dot com business but as thanks for joining and stay healthy.

millenniums do some things a bit differently another very different. the older generation on the labor markets . are focused more confident and optimistic. we want nothing less for the change to. recheck the posts of generation y. . made in germany. next on t.w. . leave the survivor the nazis the

persecution and holocaust for non jewish friends in berlin helped her she remained very close to her rescuers all her life the german resistance memorial center in berlin commemorates these unsung heroes and their courageous in danger for. some cues from the world. in 60 minutes on d w. the global corona crisis you can find more information online at b.w. dot com and on t.w. social media channels. the toast it is for me. is for. me children.

beethoven is for. beethoven is for every one. of beethoven 2020. 5th anniversary here on d w. exactly in what area of technology the more you permission. snap chat pen trips to instagram and twitter you know the big ones are surprise you didn't save they spark . up. their old people like made their.