sent off 'd late oh i bought homes to the 2nd leg on monday. so they're watching the w. news live from berlin up next monica jones with the w. business stick around she will be right back. to. literature invites us to see people in particular that i like to see some as the kids. might. be good on you 2. percent drama competition 5 a marketing number that was here by that's time and. money. primes

class and. only. because we. kick off on you tube joining us. the u.s. adds almost 5000000 jobs to the economy the news gives wall street a major boost the head of the longer 4th of july holiday weekend we go to new york for war. meanwhile here in europe employees of local scariest take to the streets to protest a looming job cuts. and a trade deal that not many want what's next with a free trade agreement between the e.u. and latin america calls or states. come to do business i want to cajones of the i'm

going to have you with us and surprisingly good to data from the united states the u.s. economy added 4800000 jobs in june according to the labor department it's the 2nd straight month of gains after companies shed a record $20000000.00 jobs in april the survey was completed in mid june however before the currents like in case numbers in the u.s. which has forced some states to impose new restrictions the u.s. unemployment rate is now 11 point one percent. and for more i'm joined by our financial correspondent the ends quarter who is in new york for us yes wall street's on fire a quarter of the jobs that were lost in april back what kind of jobs are we talking about. well it's mostly at leisure and hospitality so restaurants bars cafe's they made up more than 40 percent of those job gains but we also see manufacturing for instance or construction in certain areas in retail not

necessarily so much in department stores but in those areas as well so we saw pretty strong job creation for the month of june and if you mention $4800000.00 jobs that we never ever had a chop increase like that but as you already hinted we shouldn't forget that just for the month of april we saw a job loss of more than $20000000.00 right and of course the big question is how sustainable is this recovery was seeing given that the number of 19 infections is still rising. yen if your take when the data was taken that was by the middle of the month or not by the end of the months and all those partial lock downs or we had some anecdotal evidence that some arrests or in some cafe some barber shops actually a really close them or also some fitness centers so this development is not actually in this statistic but if you as vice president mike pence and hinted on

friday we won't see a lockdown even with countrywide corona faces of $50000.00 plus what is the new negative record but clearly i mean we won't continue this pace of job gains that we've now seen in may with 2700000 jobs green and now for the month of june we're still so 4800000 jobs so wall street anyhow increased blue chips up for the week by a good 3.3 percent oh well that's good news for the long 4th of july holiday weekend to in new york thank you so much and enjoy your holiday. one of the sectors hardest hit by the covered $900.00 damage is tourism and that includes aviation during the lockdown thousands of aircraft across europe are grounded costing the carriers millions and although business is slowly picking up again some airlines especially the budget kariya say they must cut costs to stay aloft a move that puts thousands of jobs at risk their line workers protesting in front

of the reichstag and berlin their message you're flying away on vacation and we're getting the boot who will rescue us the veritie trade union organized the rally as aviation employees across europe face massive job and salary cuts the union is calling on the government to provide a rescue package for workers in the sector. dawdle our every jobs are cut workers have to be protected and retrained and efforts have to be made to keep them employed in the sector they simply can't be left jobless and. the devastating effects of the pandemic have made employees of low cost carriers particularly vulnerable on tuesday easyjet announced that it intended to lay off half its workforce of $1500.00 employees in berlin alone. becomes a feeling we work so many years and done everything we could for the company it's outrageous that they are getting rid of us even though they have enough capital to

keep us. to because. it's unlikely that germany will play a major role in saving a jobs of employees of foreign airlines like britain's easy jet or ireland's ryanair leading politicians have already signaled that any assistance should be provided by the governments where the carriers are based. a brief look at some of the other business stories making news. european aircraft maker abas has said it could save up to 3 and a half 1000 jobs if the men in paris provide financial assistance abas is planning $15000.00 layoffs worldwide with $5000.00 each in germany and france on thursday workers protested outside the factory in saunas in france. britain's service industry is slashing thousands of jobs as the impact of the coronavirus pandemic continues some of the biggest cuts are being made by high street retailers like john lewis and top shop astronomy is also taking a hit to us 2 of britain's most popular dynas filing for insolvency. a sweeping new

security annoying post on hong kong by beijing is being met by growing international condemnation hong kong of course is also one of the world's financial hubs and seen as the gateway to financial markets in china and the rest of asia now all of that is under threat 2 trends have shaped the fortunes of hong kong over the past few decades. one is the rise of chinese wealth the other the boom in global finance. when these 2 currents converged hong kong grew rich but months of and rest riven by pro-democracy protests and now the introduction of a new security law have raised fears that that could change among the concerns that capital will leave as china tightens its grip that talent will also go and that enterprise itself will leave polls have suggested that some international firms would consider moving regional offices depending on the implementation of the

law so far there's been little evidence to support those fears more capital has entered hong kong in recent months that has left it and thanks to china's deep pockets. local businesses have by and large given their blessing to the new law and even larger firms like britain's h.s.b.c. appear ready to accept it. adding to the wind in hong kong sales more chinese companies are likely to list on the city's exchange as new u.s. rules make chinese i.p.o.'s there more difficult. brazil's president. has appealed to negotiators to conclude the final text of the european union mare koza trade accord so that it can be signed speaking at a virtual summit of the south american trade block both sonora said he is working to do as he put it a distorted views of brazil's policies on the amazon and its indigenous people his

government's environmental measures have been met with criticism in europe and calls to block the trade deal that has taken 2 decades to go shiites in 2019 the worst amazon forest fires to hit for years raged across brazil many of them started deliberately by farmers primarily because it enables industrial scale farming to expand relentlessly the lack of environmental regulation is facing heavy criticism from the e.u. . there are major campaigns in germany underway which are calling for the boycott of brazilian article traill products i think the only way of forcing paulson r.-o. to rethink now is with economic pressure. and the increasing destruction of the amazon rain forest is threatening the trade agreement between the e.u. and the mercosur countries which include brazil president hireable sonars environment minister wants to reduce protected areas under the cover of the corona virus pandemic. we have to act now while things are quiet because the media only

talk about the coronavirus we should rapidly change all environmental legislation. record deforestation levels and the lack of environmental regulation are at the center of e.u. criticism as a result brussels is showing little willingness to ratify the e.u. mercosur a trade agreement the mercosur bloc 2nd largest country argentina is currently absorbed with its own problems the debt crisis there is mounting companies are fighting for survival even more so during the pandemic this metal foundry was barely viable before the cove in $1000.00 outbreak it's been closed for months a lockdown in place. as a co-operative we don't have the means to get through the crisis as long as we can't fire up our furnace as. more people are falling

into poverty april alone so argentina's economic output shrink by 26 percent so the government is less interested in the e.u. trade agreement than avoiding sovereign bankruptcy which would entail drastic consequences. for the 2nd time we'd lose all the standing we did cheat on international markets it would fuel inflation and it would hamper the country's international financial transactions. the e.u. wants argentina to deepen its ties with other latin american states out of fear the china could capitalized even more on the country's weakness. but that's. that's what that would need to china increasing its economic and geopolitical influence in south america the whole region we've seen that happen in venezuela. there seems to be a lot of willingness to ratify the e.u.

mercosur a trade deal but also a lot of resistance especially in europe. the rose biggest nightclub passerby opened its doors after the country east it's locked down but instead of preparing cocktails for late night revelers and dancing on stage the club's employees are now assisting customers doing some shopping the club stands for has been transformed into shelves stocked with groceries the manager said she chose to reopen as a market in an effort to protect chops. that's your business update thanks for watching.

africa. back to the future when century promise becomes more injuring herdsman it's because of the conduct of the revenue stream in southern africa abolishing fenced in grazing land keep soil from becoming depleted to protect the habitats of wild animals shedding and ancient skilled that's a contribution to a sustainable future new code.

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our 2 part documentary analyzes the difficult relationship between russia and the u.s. and between their presidents how does their rivalry and their dangerous mutual admiration affect the rest of the world. some bullies trump and putin starts august 3rd on d w. hello and welcome to a new edition of africa. in lagos nigeria on today's show we'll be putting the focus on farming including a look at how high tech is changing i would call joel practices i'm joined by my colleague in uganda either a founder. and a big hello from kampala uganda to all.