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learn from one another. together for a better future for. many colleagues do you all for tuning in for. on d w. virus vaccine within a year. drug ready by mid 2021 as it secures an order for hundreds of millions of doses. the latest u.s. unemployment figures make it worse reading than expected well look at why more than a 1000000 out of work americans signed up for benefits last week. and everyone seems to be. toilet paper. businessmen who tried to cash in but whose idea.

it's great to have you with us think a bad to the space race the competition to develop the world's 1st corona virus vaccine is fair almost 170 potential products are being monitored by the world health organization germany's back has one of the most promising candidates so promising in fact that the e.u. has just ordered $225000000.00. german pharmaceutical company dreams of changing the world. it's workforce of $480.00 employees have their sights set on the world's most sought after prize a coronavirus vaccine and the newly listed company is making progress. we are planning to have the vaccine are ready somewhere mid next year depending certainly on the data if you're running a clinical trial which will be prudent after your 1st clinical data which we expect

in september october 3rd it should be afforded both so you shouldn't overdo it with the price there are certain settings already done we are in a very low base cost of goods and that should be reflected in the price areas well so i would guess somewhere between 10 and 15 years. back it's only one of many covert vaccine hopefuls $170.00 companies from all over the world including the u.s. china japan you can india are also in their race. is a race against the time there is a pandemic outbreak there was a huge effect on society nobody doubts about this war and therefore it's a race and. not that much against the competitors and at the moment and hopefully all of those vaccines would work there is a raise also to have enough capacity you always start in the beginning and you can cover everyone and therefore it's good that other players are. in the game as well

. last week russia claimed to breakthrough president vladimir putin proudly declared his country was the 1st to approve a vaccine russia all now began testing the vaccine on 40000 people but some scientists doubt the vaccine named sputnik 5 is really ready. what's beyond doubt is that thanks to high tech methods used by the likes of cure back research is moving faster than ever it used to take 10 to 15 years to get a vaccine to market now some companies have moved to clinical trials in a matter of months regulators expect to break. there as early as next year no other product in the world has a larger potential market karabakh plans to produce a 1000000000 doses a year and it already has buyers knocking on its door as the european commission agree there is stated by at least 225000000 doses of cure of x.x. been helpful the question now is how soon it will be ready. for

the number of americans filing for initial unemployment benefits rose by the unexpectedly high figure of 1100000 last week the latest wave of corona virus infections has forced many businesses to shut down and then hunt weekly unemployment benefit of $600.00 lapsed at the end of july president donald trump has signed an executive order to extend the supplements at a reduced rate of $400.00 per week but it has yet to be implemented. let's bring in our correspondent in new york jose luis de haro i say does this change idea of how the u.s. jobs market is recovering. we still have to wait and see rob the market oh it was a slightly surprised to see that increase in jobless initial jobless claims above the reserve nordin over concerns since continuing claims the number of individuals

actually who have it been claiming benefits for more than one week continued to trend to lower to suggest rehiring is still in place for the month of august but that said projections to still see the unemployment rate well above but 9 percent towards the year end which means that we still have a long way to go before we can go back to the year for employment it's an area we reached before the u.s. meanwhile global markets have been reacting to some pessimistic minutes from the federal reserve's latest meeting all their increasing signs the u.s. economic recovery is slowing. there is certainly a of philly that things are stalling if not even losing ground up until now rob consumption has been pretty strong as a result of those stimulus checks and. unemployment benefits but 5 it's true that the businesses have continued to struggle and actually you as

a bankruptcy is are are on track right now to a 10 year high and some of those companies might never come back and that's why the federal reserve keeps insisting that fiscal policies are to key now to keep coverage alive and ongoing and just quickly talks on new stimulus measures in congress have stalled but is that help on the way. well as for now things that look complicated sense of both republicans and democrats seem not to to agree on a full stimulus package they hope are right now lingers on not so cold that skinny deal which it probably will disband additional unemployment support aside from bring in some more help for forest schools and even at the postal service ross brock sorry as i've used to hire if i correspond and in new york thanks a lot for joining us thanks. now to some of the other global business stories

making the news. pharmaceutical firm has agreed to pay $1600000000.00 to settle claims in the us ever its birth control implant a sure it was taken off the market in $28.00 team with some women claiming to have suffered chronic pain and injury bias says the settlement is not an admission of wrongdoing. australian flag carrier quantas has revealed it lost $1400000000.00 u.s. dollars as demand collapsed because of the coronavirus pandemic revenues plummeted between april and june yeah line has cut $6000.00 staff doesn't expect to reinstate its international routes into the middle of next year. and air b.n. b. has fallen for an initial public offering just months after the coronavirus attended the global travel industry in may the company was valued at $18000000000.00 during a funding round short term mental company has also surprised users by announcing a global ban on unauthorized parties in its list of properties.

stockpiling was a major problem in the early days of the pandemic remember when toilet paper was one of the surprise commodities that suddenly became at times practically impossible to find one german businessman who tried to cash in on the loo roll rush here has been left with something of a block. pallets of toilet paper stretching right up to the ceiling the warehouse is full darkrooms who runs a supermarket in northern germany wasn't expecting this when the demand for everyday household goods exploded at the beginning of the coronavirus pandemic in march the retailer ordered in bulk from portugal russia and greece as it looked like germany was going to be sold out he ordered over 10000 packets of blue paper and invested 20000 euros but then he was left sitting on those. if we put it on sale cut prices to $0.99 or 2 euro's $0.22 but it's stock like lead on our shelves

. because. the laws of the market have left them facing a hefty bill 1st off the goods came too late and secondly the quality of the imported goods was not up to consumer expectations the consumer is a creature of habit even in a crisis and he's prepared to pay for that privilege and so the important toilet paper is blocking the warehouses and storage areas. now the businessman is donating his bulk purchases to social institutions thus making a virtue out of a necessity. now these face masks can be helpful in preventing the spread of coronavirus but they can make communicating difficult particularly for people who are hard of hearing but a startup in japan believes it has found a solution and its innovative mask as a few other tricks up its sleeve to. with the press of a button this mass connects to your smartphone.

me. it can translate into french spanish vietnamese and many other languages. with a mask on the smartphone app can connect from up to 10 metres away and transcribe what you're saying to text it can also translate what you've said and play it out loud. oh no came up with the idea of a smart mask 2 years ago but back then a few people wore face coverings kovan 19 has turned masks into every day items the chief executive believes the time has come for his invention in just 3 days his start up collect that $800000.00 through crowd funding. the corona virus outbreak is disastrous but i think it's also important to make the best of a bad situation this mask is an example. the

talking mask is expected to sell for around 40 euros the company has already received $1000.00 orders from japan charts souquet on all hopes is an vachon helps people to come closer together despite the pandemic. and that's all from a on the business team hair and if you do almost check out our website you know when you dot com slash business you can also find us on facebook and twitter thanks for joining us to take.

and turn the conflicts research alley sweden's unique trust based approach to tackling the coronavirus pandemic project in the strict lockdowns imposed around the world but the policy as come under increasing criticism and pressure my guest this week is sweden's foreign minister and linda with a death toll much higher than its neighbors as sweden needed deadly our conflict. in 60 minutes. every day counts.

for us and for our planet. global ideas is going to swing to bring you more conservation plain how do we make see this return how can we protect habitats what to do with all our waste. we can make a difference by choosing smart solutions overstrained said in our ways. blueline to those fundamental series of global $3000.00 on job and online. they've been robbed of their silly that's what a people experiences when they're taken from them the countless cultural riches were brutally stolen from africa and carted off to europe by colonialists. each artifact has blood on it from lucifer that have yet to feel.

what should be done with the stone or from africa. and this is being hotly debated on both continents. so when soul starts up her symptoms on g.w. . this state every news africa on the program today danny superstition in god. we will hear from the women who attacked and almost killed after being accused of witchcraft also on the program the victoria falls is growing as if it is calling for changes it must the next out just strolling up your splendor but sadly if you know people are trickling in to come and witness this the i know is that not snow visits as if it is.