tv Business - News Deutsche Welle August 17, 2020 8:15pm-8:31pm CEST
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story we are trying in all with and this stand this new culture. not a visitor not a guest you want to become sitting. in for migrants your platform for reliable information. on. high hopes for an experimental coronavirus vaccine u.s. developer novak's launches a trial of its vaccine in south africa just as the country sees a surge in new cases also coming up we take you to see a way to where the coronavirus crisis has created a tick driven business and african leaders gather and gonna open the headquarters of a new free trade zone but they're still working out the details of lucrative. chris
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coburn berlin welcome to the program u.s. drugmaker novak's is set to begin a mid stage clinical trial of a coronavirus vaccine and south africa study will be conducted around $2600.00 the company says south africa was chosen because it was currently experiencing a winter surge in covert $1000.00 cases and would therefore provide early indications of seasonal efficacy in july the u.s. government awarded novak's $1600000000.00 to help produce a vaccine. as south africa strict code 19 locked down batters africa's most developed economy and the country's informal sector is driven to find new ways to survive it's a way to want to south africa's biggest informal settlements a digital boom is underway. lunchtime in the southwest so
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usually macone the kitchen would be packed with hungry customers. but covert 19 has his her business hard. core on what you call the day of business so i wrote a affected our business because we had fewer customers visiting us so we started touring mobile phone deliveries to get more business. in march the shark restaurant partnered with white fox a mobile app that offers food deliveries in town ships something almost unheard of in south africa. the platform allows businesses to reconnect with people who are still confined to their homes due to south africa's strict lockdown. there's a custom where you basically can order whatever your local food is and we basically as white folks take you from the store to your doorstep. in a nearby neighborhood a carwash is also being forced to do things differently unable to accept right
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through customers ecovillage carwash now operates door to door we're using green technology to save time water and money. could remember as it hit us hard wired to we have a solution for our customers we are now using what's on those chemicals which now we've gone straight to our customers with the we provide them more bio car wash which is uses less electricity less water and it's also for and for our environment . up to now the digital transformation has been a slow process in south africa only 56 percent of the population is online lack of internet access is especially prevalent in the informal sector which employs over 2 and a half 1000000 people. and the coronavirus has caused a lot of hardship the crisis may actually provide opportunities for digital advancement especially in areas of the economy that have been previously left
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behind. these people have been able to use mobile telephony to start developing services of their own that can add a lot of value and actually enrich them to a far greater extent than has been the case in the past for some of this may mean not just surviving but thriving. it's never been so busy moving from one place to the next this is the growth of economists within the township. with the current digital boom being fueled by a crisis many are hoping the same a mentor can be sustained in a post pandemic wild. dreams the number of african leaders gathered in ghana today to mark the opening of the headquarters for what could be the world's largest free trade zone the african continent free trade area agreement was supposed to go into effect last month but negotiations stalled because of the coronavirus endemic launch of tariff free trade in the $3.00 trillion dollar
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economic blockade of millions of people out of poverty the agreement is now expected to go into effect early next year. well for let's cross over to w correspondent to lead z. in our isaak how meaningful is the opening of this building today. so it means that africa is really serious about and showing that this area becomes operational next year and so having this facility. to retcon now organize. and then start to wear tollways ensuring that their free trade area becomes a personalized next year so this is very significant for the aim of ensuring that their free trade agreement becomes a reality so this free trade deal which is supposed to come into effect early next
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year is likely to herald in a new era of prosperity for african nations that. yes that is a vision that is the the aim of everyone in africa that's looking at the challenges many economies in africa thies this should be able to push us into a new era for africa in terms of economic boom. has shown that africa will have to begin to solve and should i destroy this is very important and this petition is that this should africa into the next area of economic prosperity. i think there are already challenges with sub regional trade deals like that of the economic community of west african states so how difficult could it be for the new free trade deal should it become active. so this is the reality on the ground that there are challenges and this free trade area will face
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challenges because of how. retreating for example. for example trade is in ghana and nigeria have been clashing over trade and the officials of the africa feet 3 and a continent. i agree that they are. going to face because of the. blogs and they are willing to a shot at. this you know he has been isaac a let's see in our her thank you for your reporting and we apologize for the quality of the line there now to some of the other global business stories making headlines original cost carrier ryanair is planning to cut 20 percent of flights in september and october after several european countries reimpose corona why virus quarantine rules for arrivals most of the cuts will focus on spain france sweden and ireland the airline is seeing weaker than expected to man because of travel restrictions the german economy is said to rebound from the recession caused by the
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coven 1000 pandemic with a robust growth of december that's according to the country's central bank the bundesbank says deep broadly based recovery that began shortly after the low point in april is likely to continue in the 3rd quarter. the united states has announced it will further restrict access to chips bills with u.s. technology it's the latest blow for the chinese tech company whose equipment is being blacklisted by governments around the world and the fear is it could be used by the chinese government for. its japan now and the country's economy shrank by almost 28 percent in the 2nd quarter that is the worst contraction on record and was hardly alone in the club fellow big economies like the united states britain and germany registered crippling declines as well but to pan struggle is unfolding amid conditions that are already difficult. i've
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gloom has descended on japan even before the corona virus hit the world started largest economy was stuttering along now with all the damages of a record breaking magnitude and many here are concerned about the road ahead. to move. in i think the situation is very difficult we have to keep the economy moving but when i see the virus infection spreading i know we have to slow down a bit i don't know exactly what it is we should slow down i'm worried. strictly speaking dutch is this man's job the economy minister says to shop for was expected after forcing businesses to shut you know we will continue to make the most effort to get the economy growing again after it bottomed out in april and may . unless blamed the collapse on plummeting private consumption and a fall in global demand for exports like cars. walk past restaurants in the u.k.
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and you'll likely see diners out enjoying discounted food it's all thanks to a government subsidized program called eat out to help out designs to revitalize britain's restaurant sector for many brits is too good a deal to pass up but others are finding the scheme hard to swallow. seafood says those in the kitchen it's lunchtime in child bella. job it's a full day mobile so that people who go to somebody's going to know it's a big bank health were before the pandemic here in london plates full of italian classics sit in front of plenty of diners the difference now it's all for half price but it's not the restaurant serving up the bargain it's the british government prime minister boris johnson and his finance minister she soon that definitely different parts cannot stay within your feet high and happy but still
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anything we can do to support like the brits are indeed eating and drinking courtesy of the government mondays through wednesdays for the whole month of august up to about 11 eurostar person that includes drinks but not alcoholic ones the goal full restaurants. coffee. he was a big kick back impact so it's good discount i strongly believe. i can show you the book this is my. piece of truth. he says wednesday. and you can see now face place to be easy 50 percent off where ever food can be found to help out the struggling restaurant sector and stimulate the economy the government does shelling out a half a 1000000000 euros for the scheme but critics worry that spending time in restaurants is not without its risks and doctors like jenny vonn say it's dangerous . personally i haven't done it to help simply because i am worried about
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a 2nd wave and senior doctors have base basically being warning about it i think it's wrong to encourage people where you know they could be in a very tolerant enclosed spaces and they can't observe social distancing and they won't necessarily be wearing masks criticism notwithstanding channel bell is already fully booked for the evening that's not usually the case then again the government doesn't normally foot half the bill. and that's social thanks for watching.
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d yes it is on the way to bring you more conservation law how do we make super screen or how can we protect habitat so we can make a difference to the engineers the mental series again global $3000.00 and online. this is day to me is africa coming up on the program today the woman who is has rate some of the world's highest tides as. a new challenge sarah called model is the 1st black woman to summit mount everest now she wants to conquer the disease malaria we're talking to her about her new campaign called the bigger picture. and why women in nigeria shares her experience off suffering from depression. and need synagogue.
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