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tv   Business - News  Deutsche Welle  August 14, 2020 1:30am-1:46am CEST

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some go on to the point. to point. i'm not laughing. because sometimes now but mostly i'm loving with the. things deep into the german culture. we do in this drama. it's all about who you know i'm rachel join me for me to go from the. german car giant diner agrees to pay more than $2000000000.00 to settle emissions chasing claims in the united states to deal comes 5 years after german car makers were 1st exposed for widespread dealing we are american consumers are ready to forgive. also want to show us jobless claims dropped but
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tens of millions of americans are still out of work and waiting on more help from the government. the german travel giant to leave post enormous losses a day for receiving another lifeline from the government. this is a business i'm paid for and some welcome to the show daryn miller is to pay more than $2000000000.00 to settle claims about emissions cheating in the united states the bulk of the money will go to u.s. authorities but the further 700000000 to cover lawsuits from consumers revelations of widespread emissions fraud among german car companies emerged in 2015. let's talk more about this with the business correspondent to in new york yes is this a good or a bad day for dire. it's always good for a company if you have a price taken to
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a dime though was prepared to earlier this year they set aside the money so in that respect it's a good day on the other side it's clearly comes as a time when every one of most companies of the world are in dire need of money all what's going on was the pandemic and an old soul image wise t.v. that is not that great so well probably the truce is in the middle. now 5 years on german carmakers are still paying for this scandal would you say american consumers have forgiven them. well i mean at least if you look at sales here in the united states i mean 1st of all the german car makers are nice players here in the united states diner or mitzi it is risen market share of roughly 2 percent and that has been quite stable in the past couple of years so in that respect i would say yes the consumers are the nice consumers for
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a diamond of products products have forgiven the company but on the other side if you look at the image of the german companies overall was the wire card scandal was folks walking was very serious it was also a deutsche bank so overall i would say the image of quality companies from germany might have suffered a bit in the past couple of years. ok and stay with us we'll be back to you in a moment to talk about a nother story from the united states where just under a 1000000 people filed for unemployment last week and while it may be hard to believe that's actually the no with numbers since the coronavirus struck one factor that's likely to have contributed to the decline is the expiration of a $600.00 a week unemployment benefit at the end of july meanwhile lawmakers are still wrangling over a new stimulus package to help people and businesses recover from the worst effects of the pandemic. yes this is being celebrated as good news but tens of
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millions of americans are still out of work can they expect a new stimulus package from the government any time soon. well one of the problems is actually that wall street is performing where we are well we're almost at a record heights was the s. and p. 500 why do i say that's true your question well look back at the financial crisis when wall street tanked and it looked like it might get worse and worse and worse and then the government was kind of forced to act but now was the stock market doing so well that might mean a bit less pressure from politicians to come to an agreement in washington so at the moment it doesn't look very likely that in the next couple of days or weeks that democrats and republicans will come to an agreement but if you look at the numbers i mean they're still what dire need to do something because of it even
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if those were the best numbers since mid march i mean 960000 claims a week is still quite a terrible number it is indian dance class if thanks so much now to some of the other business stories making news. says it still hoping to strike a deal with the u.s. over aircraft tariffs and comes after the us that it would be maintaining a 15 percent levy on airbus planes the longstanding dispute is connected to the boeing airbus rivalry us says airbus receives too much european state. the european commission has reserved up to 200000000 doses of a potential covert 19 vaccine from u.s. pharmaceutical company johnson and johnson the e.u. executive arm said the contract would allow all 27 member states to purchase the vaccine and also to donate to lower income countries. china says it's come up with its 1st nucleic acid testing laboratory for covert 19 such labs can be transported
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easily return results on site without the need for additional parts for testing. now a day after receiving another box of safe aged german travelled group to a has posted disastrous coarsely figures revenue is down a startling 98 percent amounting to a $1400000000.00 euro net loss between april and june with some travel restrictions still in place and the prospect of more lock times on the horizon a recovery may still be a long way off. the same as the vendors wouldn't normally be parked out of use under the reaal to bridge be packed with tourists wanting to discover the site but even though it'll be like most european cities listed it's locked down 3 months ago the pandemic has dealt a devastating blow to the entire tourism industry in venice it's not just the gondoliers restaurants and hotels are suffering some remain closed.
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them and our city has to stay open it cannot disappear from the list of tourist destinations in europe. it's most hotels here are still open despite. low levels of occupancy that amount to much much at the getting that last year residents of the city of complaining about overcrowding now it's hotels are barely 20 percent occupancy and that's bad news for toohey as italy is among the most important destinations for the german british travel company from april to june to we lost 1400000000 euros it's the worst quarter in the company's history in the same period last year it had earned 23000000 euros it was a very grim quarter because clearly if the months from april to june where the month with like this severe is locked down or the holiday destinations by the also
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. in countries where people which travel from so i guess yes it is a very grim quarter and the outlook is also not great the british government for instance announced 2 weeks ago that everyone returning from spain will have to undergo a 14 day quarantine that caused a massive wave of town solutions which is hurting to eat this summer's holiday season is already the worst since the end of world war 2 but as to why he has shown it's an expensive wait for things to improve. ukrainians can live and work in the european union for 3 months without a visa but many are poorly paid and they have but the threat of deportation if they stay the 90 day period this has led to claims of exploitation in our next report we need to ukrainian to say they're still waiting to be paid for delivering packages in the german city of play in. these are the offices of delivery service car is
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looking for care in northwestern germany over a dozen ukrainians left home in the hopes of earning a living but they say their employers refused to pay what they were owed. 3000 kilometers away in the ukrainian city of new we meet one of the men who asked to remain anonymous. he 1st heard about the company online and was soon hired as a seasonal worker. according to his contract he was supposed to earn $1400.00 euros a month. they promised we wouldn't have any problems with getting paid but then our visas ran out another month went by and we had to go back home without our money. and then all the phone calls started so we called the company. every possible number but we didn't get a response sometimes they'd say the money was on the way and they stopped answering and lucky numbers. here craniums claim to care still owes them more than
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$20000.00 euros in wages back wages they say they earned delivering packages for amazon around the german city of braman. here are 3 most direct from the german federation of trade unions took a look at our footage from ukraine he wants to help the men we interviewed and he says this isn't an isolated case as companies fight to turn a profit with razor thin margins. the. subcontractors have a massive advantage because they win the contract and attract potential employees with promises they just can't keep the end result is automatically exploitation because there isn't enough money to go around. it so your voyage works at fair mobility an outreach center that advises migrant workers she says employees from non e.u. countries often face abuse at the hands of subcontractors. most of them don't get
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their payouts because it's hard to find out what company owes the money there's always another and another it can be a long chain of say $10.00 companies before you get to the parent company. 14 ukrainian delivery drivers have had another setback in their fight to get their pay . for care announced online that they filed for bankruptcy. that wraps up our show for more if you check out our website at d.w. dot com slash business we're on facebook and twitter it is for me in the team it's goodbye. to.
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go beyond. as we take. all of the stories that matter to you. ever. running out. w. made for mines. in the. climate change. city . people. want to see is do they have their future. deep
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blue dot com african megacities the wanting to get. close to. the top and the truth you know from the many wrong things for the minds of course the subconscious always a world without beethoven i can't begin to imagine. without me to. start september 16th. for you. welcome to news from the world of arts and culture here's what's coming up in the next 50 minutes as the great art house film director of inventors turns 75 there's a new documentary about him made in the style of a vendor's movie. and an exhibition of fronts by it's his work
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a key figure of post-war european ott. but 1st in our mini series about how artists in various cities around the world coping of the moment today we are in rio de janeiro in brazil the infectious rhythms of the samba can normally be heard throughout the city but not now we met up with one of the most popular exponents of the samba that. somebody is life into while my teens is right in the midst of it the 35 year old is an important up and coming sound of musician everything rio de janeiro a lose his hit song. if i sat here and i got. real it's quiet now while still plays his songs but somebody has gone silent nearly everywhere. there's no audience anymore and no one knows no one you can have
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a dialogue with so that people can be a part of it and somebody lives from the masses from everyone taking part singing and clapping together.

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