tv Business - News Deutsche Welle May 14, 2020 11:15pm-11:30pm CEST
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1st test we're still discussing the corn team issue which is very problematic for actors because a lot of money and 6 train lead time consuming funding a norm and its size but anything is better than a standstill that's why actors of red roses have agreed to keep a safe distance from one another on set no matter how challenging it is stephen is up next with the w. business. i'm secure in the volume or that's hard and in the end it's a me you're not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers with clients and the what's your story ready. i'm working on was a women especially in victims of violence. take part and send us your story you are
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trying always to understand this new culture. another visitor nothing yet you want to become citizens. in full migrants your platform for reliable information. millions more file for unemployment benefits in the u.s. it's the most dramatic jobs downturn since the great depression brother cut slowing and will the gradual reopening of businesses help to get the latest from new york. also coming up we'll visit a german machine maker that's down switching gears to help stem the spread of covert 19. and calling on their says we'll look at an app that's pushing for an all hands on deck in the pandemic fight. this. as your business report i'm stephen
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beard's in berlin it's good to have you with us. another 3000000 workers in the u.s. filed for unemployment benefits last week adding to the staggering number of jobless in the country but continuing the downward trend the 1st filings more than 36000000 workers in the u.s. have filed for the benefits since the beginning of the pandemic and some u.s. states close to a quarter of the labor force is unemployed and more states have begun reopening businesses in recent days. meanwhile in the struggling airline industry delta airlines saying it will retire all 18 of its flagship long haul boeing 777 jetliners as it races to cut costs and delta says it expects international travel to return only slowly most of its planes are parked on runways and it says that when demand does come back it's going to look to smaller more fuel efficient airliners made by boeing's european rival air bus to serve those major
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international routes. or at let's bring in our wall street correspondent yens korda in new york. let's start with these job numbers out of the u.s. is the pressure growing on u.s. states to reopen faster with all these people now out of work. i'm quite certain that the pressure will increase and you have to look at the situation of those single and households and people who lost their jobs we do not have a similar social safety net as you have it in germany for instance or in other countries programs like short work for example do not exist here in the united states so clearly there is a lot of pressure to bring those shops spec and there's only possible if we actually start reopening the labor market and the companies gradually right in the short term work program you mention of course government subsidizing
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business is basically saying keep workers on payroll now yes the openings that we have already seen in the u.s. as states open gradually are they making any meaningful dent in these unemployment numbers or can they in the weeks ahead well there probably will in the week and. the big question is how foster those jobs will come back how many employees actually will feel safe enough to return to work so there are a lot of open questions and then as fed chairman jerome paul mentioned on wednesday at a video conference and he at least believes that we also could see some bankruptcies from u.s. corporations and that would actually slow down the recovery from the u.s. labor market the only good news is that those claims at least that you claims they slowed down a bit but still those numbers are really shocking more than 36000000 people now let's shift to delta we just talked about the airline nixing the triple 7 it's
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throwing everything that has into cost cutting just like other airlines will it be enough to save these major flyers. the big question is what will happen in fall because so far there is still some governmental a skit to tens of billions of dollars in aid but that program will actually end september and the big question is what happens then delta itself has a better capital. for then we see it was some of the competitors and actually delta is saying that they hopefully will have cash burn rate by the end of the year right now they're burning about $50000000.00 every single day or a quarter there for us in new york thank you very much. well the world needs facemasks and it can be surprising which businesses are answering the call here in germany a little known plastics machinery maker is among those shifting gears churning out
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material to make millions of masts every week. process engineer. always keeps an eye on the quality of these plastic granules his company a cry for noise makes machines that produce non woven fabrics these are used in face masks that filter out of viruses and right now demand is vastly outstripping supply so the company known for making the machines is also now helping make the masks to do so it's running its testing machinery day and night. we use this machinery to produce 8 rolls of material a day with a single layer of filter in each mask that's enough to make 1000000 masks. to make a role like this requires the machine builders years of expertise around 70 percent of the known wovens produced worldwide are manufactured on the machinery many
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machine parts are protected by patents and can only be produced here in this workshop. the company is working at its limits in the past it did a lot of business in china but now inquiries are coming from all over the world and deliveries are now headed to france canada and the u.s. for the 1st time. i think protective masks are essential equipment in these times of crisis and governments are now realizing this and are now putting them on their list of strategic products. to reduce the risk of employees infecting each other work places in the production hole have been kept separate. cannot afford to lose workers to the coronavirus it has a strict delivery schedule that it must adhere to. to make it worthwhile to manufacture products in germany where labor costs are high
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the company relies on automation. the fully automatic production takes away the worry about being undercut by cheaper imports and it protects the investment in new known wovens machines. until now known wovens have been something of a nice product but the pandemic has revealed just how important is sometimes can be . now for a quick look at some of the other business stories making headlines that of the world trade organization says he will leave his post one year early despite the turmoil from the coronavirus brazilian roberto azevedo will step down on august 31st he's faced intense pressure from u.s. president donald trump who cues the body of anti american bias. german tax revenues are likely to take a big hit this year due to the pandemic an official estimate says taxes will be almost $100000000000.00 euros lower this year than previously projected the report
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says the budget shortfall could grow to more than 300000000000 in the mid term. british media say the u.k. government plans to slash tariffs on u.s. agricultural imports to boost the prospects of securing a quick trade deal the 2 sides began negotiations last week agricultural access is seen as key for the u.s. but it remains controversial with british farmers. tesla's dispute over defying lock down orders appears to be over san francisco authorities said the company could begin making vehicles from next monday. tesla's calif plant controversially open for preproduction this week despite being categorized as a non-essential business. and the german health care system has so far weather the coronavirus pandemic with few major hiccups but if things get worse and frontline doctors and nurses become overwhelmed or now there's an app for that they can look . on a pizza
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a step back into her past. it's almost 10 years since she quit nursing for a job in i.t. . but when the coronavirus pandemic hit germany she decided that she wanted to help . she now works one day a month out of event as hospital in berlin. if. i wanted to make myself useful i felt i wanted to help even just a little bit just it for comment if i can still do a lot of course i'm not up to date with the very latest but with many things it is just a matter of learning the new procedures that sound yeah she found her way back to nursing via a platform called revolt and health or in english we want to help it was developed by the berlin based health care nonprofit meddling 10000 people have so far registered mostly nurses and doctors germany's hospital system is not overwhelmed by the pandemic but the platforms founders say it provides an emergency resource
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should the situation worsen. get out yeah we have built a pool of people with revolving how often that can be ready to start working in case the situation changes and more stuff is needed in the hospitals if that happens we are ready and we can send stuff to the hospitals and nursing homes and you are on the ship. germany's writ of new cases has been consistently falling for weeks now. but there are still fears of a 2nd wave either way p. trick and an army of others are there ready to help. when is a product's shape part of its identity and germany's highest civil court is weighing a dispute between 2 major chocolate brands that are sport and rival milk or milk rather over this ridge is patented square packaging the milkha argues that patent that patent is unfair because chocolate is often made in square shapes or rivers
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for it says the square is central to its identity as a chocolate bar designed in the 1930 s. to fit neatly in the pocket of a man's blazer or sport jacket a decision is expected in several weeks. and that's it for me and the business team here in berlin you can of course find out more about these and other business stories online dot com slash business to check us out on facebook and twitter thanks as always for joining us.
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africa. and warmth is the way to see this endangered species. bills are threatened by. environmental destruction. a south african project tries to protect the baby birds lovingly rearing them by hand. but there's nothing to stop nature from calling eco africa. d.w. . into the complex. south korea has been hailed as
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a model country in bringing its corona virus infection rate under control but the methods have raised privacy and public shaming concerns and now they're on the course that the virus is back again my guest this week a south korean foreign minister can choke off has her government made too many compromises on citizens' privacy in its efforts to contain the pandemic conflicts up to 50. in 60 minutes phone d.w.m. . oh. we know this is a scary time for the coronavirus is changing the world changing. so please take care of yourself good distance wash your hands if you can stay at how we deal with human for here for you we are working tirelessly to keep you informed
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on all of our platforms we're all in this if you're going to get them we're making history. stay safe everybody. stay safe stay safe increase in space a. good . a very warm welcome to you could africa vironment magazine co-produced by charles to be here nigeria detail being germany and t.v. in uganda my name is now it's i.
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