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tv   Business - News  Deutsche Welle  July 28, 2020 5:15am-5:31am CEST

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len remember you can keep up to date on our website w dot com all the news is also on our twitter and instagram news i'm told me a lot of both thanks for joining us. where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one t.v. shadow and if you newspapers one official information as a journalist i have work on the streets of many characters and their problems are always the same forward to source inequality a lack of the freedom of the press. corruption work on the floor to stay silent when it comes to the fans of the humans and see the right to foals who have decided
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to put their trust in us. my name is john curtis and i work with the. u.s. lawmakers present their plan for a 2nd a trillion dollar stimulus package with the current set of benefits due to expire at the end of this week millions of americans are already struggling to pay their bills want to know what's happening next. also coming up here and biggest airline told huge losses as passenger numbers drop 99 per cent. on what the global economy faltering investors think of faith to ask for. ending
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the price of gold to an all time high. ferguson welcome to the so we begin in the united states for republican lawmakers have just presented their plan for a 2nd round of stimulus measures aimed at protecting the economy from the impact of the coronavirus the new proposal of unemployment a relief and a direct payment of $1200.00 to individual americans with the current package due to expire on friday for americans struggling to make ends meet to help cannot come soon enough. another day another stack of bills waiting to be paid. far this hour is just really. coming. or. people. like you know this is. the sick are.
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just their game back to were. brown is one of over $4000000.00 americans who contract it covered 19 she survived the disease but her treatment required a medically induced coma nearly a month in the hospital and 3 separate blood transfusions procedures that have left her family of 4 struggling to make rent. on time is running for more than 20000000 americans who depend on the government's expanded coronavirus aid program which is set to expire in the coming days and at least one republican governor is calling on washington to provide more funds. to governments collapsing and putting more people. not able to provide services to people desperately in need . as republican members of congress put the final touches on their trillion dollar bill they're already facing pushback from congressional democrats used them of dragging their feet while millions struggle to make ends meet and even to call for more on this let's go to the financial correspondent yes caught in new york yes one
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thing this new plan. well it's very telling what's in it also what's not in it but it starts with what's in it so americans will receive it not their one time trial $500.00 check by the government then this extra money for unemployed you could get some help from $600.00 a week to the $200.00 and $3.00 kids where they get some support and now we come to the point what's not in it and that is funds for local and state governments so that it's going to be something that democrats were pushing hard for quite a bit so that's the plan from the republicans and now we have to wait and see if any agreement will be possible any time soon was that. he had on that no yes tie and here is radio b.f. and if the current measures are expiring at the end of this week do you think
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they'll be a new plan equate before then well it would be a disaster if there will be no agreement and i'm standing here on the for one spot in their oyster and steak house in brooklyn that's close for good that basically every day you can see where you're from places that are close even to the retail stores in the restaurants so i guess it will be crucial to get a deal done and sometimes on the essence in about 10 days every set starts has been watching since all the women should have been before that. and frankly anything can do you think this will be enough to protect the world's biggest economy from an economic disaster. well what we definitely should understand this is not. all that this is not that's a good speech. this is to get from here to here so at the end you need to find. these find if they're seen and everything we risk all those billions of dollars for
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the u.s. government the city just like a bridge is a venture get us from europe to the. new york thanks so much for your insights now to some of the other global business stories making news. u.s. drug maker mature enough says it's receiving an additional $472000000.00 in government aid to develop a vaccine against covert 19 the company recently announced the start of a trial on $30000.00 people and says it could have a vaccine ready for use by the end of this year. british drug maker astra zeneca is teaming up with daiichi sankyo to develop a new cancer treatment it's the 2nd major counter drug collaboration between the 2 companies the deal could see astra zeneca pay up to 6000000000 dollars to daiichi sankyo. google is giving it to employees the option to work from home
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until next july 6 months longer than the company had originally planned the move is likely to put pressure on other tech giants that have proposed earlier dates. german businesses are feeling increasingly are these and that's despite the coronavirus that's according to the latest monthly survey of some 9000 monitors by the munich based e-file institute for economic research the figures show a 3rd consecutive increase in confidence. indexes germany's most closely watched barometer of business sentiment in april it hit a record low earlier we spoke to the head of the e.u. for instance who claimants who used to and i asked him why determined businesses are feeling more optimistic. there is a recovery in china our consumer spending in germany seems to be coming back so in
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some sectors of retail we see good numbers so there are some positive signs of course generally the economy is opening up again some of our neighbor countries are also opening up and we shouldn't forget we are coming from a very low level so it's not surprising that the indexes recover. shares in european airlines are down after regional spikes in coronavirus cases fueled fears of a longer term impact on the industry the united kingdom is among the countries warning of travel to spain with british visitors now required to thought i feel a when they return home irish budget carrier ryanair is among the airlines seeing major losses. as europe's busiest airline group ryanair had much to lose from corbett 19 and lose did to the tune of 185000000 euros travel restrictions hit hard with passion jet numbers down 99 percent speaking on
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the ryanair website the airline chief warned that his biggest fear was a 2nd wave of this and we expect the for your traffic to fall by about 60 percent will fall 149000000 passengers last year to best $60000000.00 passengers this year would be entirely contingent on that of being no 2nd we've covered 19 in the autumn of the winter and obviously we've seen some recent spikes in places like barcelona and that is impacting short term bookings lose rising coronavirus quiche numbers in spain late the uki to reimpose a 14 day quarantine for arrivals not decision dented travel stocks holiday company among them. and he said made. that biased against anything but essential travel and plenty of holiday however much we all love it it's not essential travel and although sometimes i wish it was and so we cancelled
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all our many times. and we cancelled actually not will because clearly it's a fairly fast moving kind of creature and we don't know quite where we'll go next for ryanair bosses see the key to survival is cost cutting along supply chains and widespread mask wearing and hand hygiene on its flights but even those are no protection against the bumpy road ahead. let's get some more insight on the challenges facing the airline sector from financial correspondent chelsea delaney in frankfurt. it's been a brutal day for the european travel industry it's really starting to sink and for and busters and for the companies the really it's not going to be smooth and even recovery for this sector this comes after we saw it right here report the worst quarter in its history right here had been seen by a lot of investors as a standout someone relatively well positioned to weather this storm they're now
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casting a lot of concern over the future of the industry and especially over a 2nd wave of infection and we are seeing this start to play out and the u.k. they've introduced new quarantine measures on people coming back from holidays and spain this is causing a lot of airlines to have to cancel flights and holiday packages and stroking a lot of concerns that we will see the reimposition of more travel restrictions ahead which would be a severe blow to this already crippled industry. and finally uncertainty abandons the price of gold has hit a record high as investors seek a safe place to park their money the price of an ant's of gold reached $1.00 of $5944.00 u.s. dollars in early trading breaking the previous record set back in 2011 traders have been rattled by the latest diplomatic feud between the united states
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and china as well as concerns about when on high with the economy will recover from the coronavirus. and that's all we have time for for more to check out our website dot com slash business where on facebook on twitter to do feel free to drop us a line for me on the entire team here it's good bye i'm going to take a. tension
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remains high in the middle east. israel wants to develop more settlements in the occupied territories. pro expansionists like. increasing jewish presence in the west bank is a. broken promise since israel and the west bank. next on d w. p go indiana top of the line products and bottom
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of the barrel prophet knocks with india's combo farmers in the family and mountain . ranges. i did to band together and invest in new business model and innovative techniques because only together can they even stand the tough competition. in 60 minutes on d w. i actually far more clusters from nigeria who we are as a people you know that's what molly wood stands for their unique. one dollar a cool car. authentic. fast
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moving down the top. and successful beyond belief. that not doing this is the way we do it. nollywood starts august 7th on d w. harriet . ancient city of hebron which is now the occupied west bank and just not signed the jewish settlement. among them that isn't happened since is this. from a no maybe my name is. i also have a french name of course and it was here.

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