tv Business - News Deutsche Welle July 21, 2020 5:15am-5:31am CEST
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as in reach out to breakthrough adding 4 days of deadline for your leaders have agreed on how to share 750000000000 euros in 8 between member states. they're watching t.v. news live from berlin stick around for date of your business with stephen beard seemed just a moment to warn you so it's on our website e.w. dot com and you can follow us on twitter and on instagram at. i mean for the last time thanks for watching. richard vied to us to see people in particular that i like to see her son as the kids. grow up. on youtube. are they friends i think. or are they even enemies
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i never worked for roger. donald trump and it's not even your putin our 2 part documentary analyzing difficult relationships between russia and the us and between their presidents how does their rivalry and their dangerous mutual admiration affect the rest of the world. bosom bullies trump and putin starts august 3rd on d w. europe's leaders continue to search for common ground over coronavirus recovery can they now seal the deal on a 750000000000 euro package that satisfies both the frugal countries and those who don't want to take on more debt. also on the show drug maker astra zeneca appears to be leading the race to create
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a current coronavirus vaccine after announcing promising results from its 1st round of human trials. and mexicans are forced to stay indoors as the pen dimmick takes a heavy toll we need people fearing for their livelihoods and struggling to make ends meet. oh and welcome to the program i'm stephen beardsley in berlin. european leaders continue to negotiate the distribution of a 750000000000 euro coronavirus recovery fund monday as part of a larger agreement on the blocks next multi-year budget a disagreement over the fund has centered around the portion delivered to members as grants money that does not have to be repaid and loans which to. a group of so-called frugal states favors the latter while members like italy and spain preferred grants also issued monday was the conditions put on the money. and the proposal considered on monday called for $390000000000.00 euros in grants
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and $360000000000.00 euros in loans all of the coronavirus recovery money would be raised by the e.u. taking on common debt but through its budget a common debt had been a red line for many nations earlier we spoke with clinton's 1st head of germany's evo institute and he said both sides of the debate over grants and loans had understandable arguments this is a crisis that came mostly from the outside at the same time it seems that the impact of the prices is related to previous economic conditions and i think it is perfectly understandable that the pru before in that case say well we want to know if we pay for other countries here we want to know how the money is spent of course there is a dialogue in my here because if this is to be a sign of solidarity you know that should include some trust to the countries that receive the money. as scientists at oxford university say that a coronavirus vaccine being developed with pharmaceutical giant astra zeneca
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showing promise after its 1st human trials but they're not the only contenders working on a vaccine dozens of big and start up pharmaceutical firms are in the race astra zeneca seems to be pulling ahead of the competition its vaccine was given to more than a 1000 volunteers they are produce an immune response to potential vaccine is one of at least 100 being developed across the world for covert 19. at least $23.00 of them are already in human trials according to the world health organisation. these are just some of the companies participating in the race against the coronavirus among them global players like pfizer sun and fi and johnson and johnson but there are also many unfamiliar names on that list start ups that are at the forefront against kobe bryant teen britain a snapping up 30000000 doses from german company by on tech
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a business founded just 12 years ago from a suit of clothes giants like glaxo smith kline want to piece of the action to the companies buying a 10 percent stake in the german firm cure vax. heavyweight astra zeneca may be in the lead now but not so well known biotechs of also touted promising early results for their vaccines the race is on. all right let's take a closer look at the american piece of that puzzle with our financial correspondent yens korda he's in new york yes which u.s. pharmaceutical firms are better positioned to bring out a vaccine in the near term. the 1st u.s. company that supposed to start face 3 trials early next week is the company called more during our shortly after we probably might see a face we buy pfizer was the german partner company beyond tectum as we just
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heard but we also have a smaller firms like for example they just got about a $1600000000.00 from the u.s. government to speed up the scene and then clearly we keep the fingers crossed that those who are seen sever occurring and then 2nd we have to see how fast and how much those companies can produce some of them claim by the end of the year they might be capable of delivering hundreds of millions of doses they as you mentioned novak's as far as i know neither has brought a vaccine to market before is that concerning well i mean 1st of all it is overall the big question how many people will actually take the receipt even if it's available when i talk to people here in the u.s. a lot of people are still quiet and hesitant but especially if you mention those 2 companies it's a smallish firm and yes you're right they have not developed. far actually
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not that long ago it looked like the company might have to be delisted from a nest egg but obviously they have pretty good connections and they're probably has helped so that they got this 1.6 $1000000000.00 that's actually part of a peroration of warp speed where the u.s. government is giving billions of dollars to companies to speed up the development of a deceit or a court of their force in new york thank you and let's take a look now some of the other global business stories making headlines. u.s. republicans have announced a fresh push for for an additional one trillion dollars krone virus relief package the relief bill will focus on businesses schools and health care democrats say they would only back proposals if they include bipartisan talks. media in germany said the chief operating officer of wire card has fled to russia young marse select has
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been on the run since the payments provider collapsed after a 2000000000 euro hole was found in its balance sheet the austrian national is reportedly staying at an estate west of moscow under the supervision of russia's g.r.u. military intelligence service. and the pandemic has hit the mexican economy especially hard or but stopping local business bringing tourism to a crawl and pushing oil into a sharp decline hard times are now in many communities from the boredom of children unable to go to school to the growing lines at pawnshops. in the stories to liven up a boring day here in mexico city architect parts of the car see every 2 children who are stuck at home all day because of the coronavirus. for them it's a chance to get lost in their imaginations. i imagine what the characters say i am much more the animals are like. the stories
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a lot of the kids to escape the tough times they're in but for many adults in mexico that's nearly impossible the pandemic has taken a heavy toll in the country some 345000 people have been infected with kovac 19 almost $40000.00 have died nearly everything is closed to prevent the spread of the virus including this dance club in the mexican capital with tourists no longer coming to visit the city tour guides are struggling to make ends meet. 65 year old pace is worried about where his next paycheck will come from. when you're left out on the streets it's a radical change. tens of thousands face the same problem pays they've lost their jobs their income. pawnshops though are benefiting from the crisis many people are selling off their valuables this woman has bought her
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family's jewelry. so i have some jewelry from my parents because they're not working so they gave it to me so we could cover our expenses one way or another. so. mexican president andres manual lopez obrador has pledged to improve the health care system but the country's economic woes are likely to continue for some time. 9 years of war have shattered communities in syria i mean hundreds of thousands of lives and also ruining the country's economy the syrian power has fallen dramatically against the us dollar inflation sky high food has become expensive meat products are affordable for most years of war have devastated the livelihoods of ordinary syrians in our next report we need a farmer who is attempting to pieces life back together. the mood is
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back in his fields hoping for his 1st small harvest after years of civil war the fields here in northern syria have been barren for a while now the entire area was ravaged in the fighting his pistol trees dried out . our fields have been neglected for 8 years they've suffered a lot the trees need continuous pruning 3 or 4 times a year and insecticides 2 or 3 times when we returned half of the trees had dried out some tree branches had withered and there were trenches and landmines scattered all around. many farmers like faddy are returning to their villages hoping to quickly revive the once flourishing pistachio trade. double bonus of a hopeful we'll get a good yield of pistachios we're hoping the next year or in the coming years things will get better in terms of the product and the amount but i fear she believes the region was once a center of syria's famed stash of production farmers here export of the nuts
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throughout the middle east and europe back then syria was the world's 4th largest pistachio producer. and then before the crisis pistachio production ranged between $60.70 tons each year during the crisis production dropped drastically as farmers were able to get on to their land and tend their crops i'm going to vote for the result. but returning to their fields is a potentially lethal business landmines and other munitions left behind by fighters litter the ground there's no hope of any return to normality until the plantations have been properly cleared. and that's it for me and the business team here in berlin to check us out alive dot com slash business always let's watch.
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