tv Business - News Deutsche Welle August 21, 2020 1:30am-1:46am CEST
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every journey begins with the 1st step and every language with the 1st word courage because. nico is in germany to learn german why not learn with him simple online on your mobile and free. d w z e learning course nikou speak german made easy. for corona virus vaccine within a year. back tells us it hopes to have it ready by mid 2021 as it secures an order for hundreds of millions of doses. the latest u.s. unemployment figures make more worse raising than expected well look at why more than a 1000000 out of work americans signed up for benefits last week. i remember when everyone seemed to be desperately buying a toilet paper. businessman who tried to cash in but whose idea went down the path
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. of business are not what's simple and it's great to have you with us is think a bad to the space race the competition to develop the world's 1st corona virus vaccine is fast almost 170 potential products being monitored by the world health organization germany's cure back has one of the most promising candidates so promising in fact that the e.u. has just ordered 225000000. german pharmaceutical company factory means 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 would be prudent after your 1st clinical data which we
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expect in september october 3rd it should be affordable so you shouldn't overdo it with a price there are certain settings already done we are on a very low base cost of goods and that should be reflected in the price there is 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 buchanan dia 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 that this work 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
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. 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 in 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 tests a year and it already has buyers knocking on its door as the european commission agree there is stated by at least 225000000 doses if you're of x.x. in helpful the question now is how soon it will be ready. for
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the number of americans filing for initial unemployment benefits rose by the unexpectedly high figure of 1100000 last week the latest wave of coronavirus 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 7th at a reduced rate of $400.00 per week but it has yet to be implemented. so let's bring in our correspondents in new york jose luis tahar oh 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 surprise to see that increase in jobless initial jobless claims above the reserve nordin over concerns since continuing claims the number of individuals
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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 what 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 reach before the buyers hit 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 it's true that businesses have continued to struggle and actually you as
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a bankruptcy is are are on track right now to 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 cuba and we cover e a live on and go on and just quickly talks on new stimulus measures in congress have stalled but is that help on the way. well as for now things they look at sense of both republicans and democrats seem not to to agree on a full stimulus package they hope are right now lingers on at so-called skinny deal which it probably will dishpan additional unemployment support aside from bring in some more help for forest schools and even at the postal service ross brock sorry as i think he's the higher correspondent in new york thanks a lot for joining us thanks. now to some of the other global business stories
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making the news. german pharmaceutical firm has agreed to pay $1600000000.00 to settle claims in the u.s. ever its birth control implant a sure it was taken off the market in 2018 with some women claiming to have suffered chronic pain an 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 uses by announcing a global ban on an authorised parties in its list of properties.
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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 has been left with something of a block. pallets of toilet paper stretching right up to the ceiling the warehouse is full dark rooms 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. and you know. if we put it on sale cut prices to $0.99 or 2 euro's $0.22 but it's stocked like lead on
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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 imported 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 a press of a button this mass connects to your smartphone. or. it
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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 covert 19 a stern masks into every day items the chief executive believes the time has come for his invention and just 3 days to 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 and this mask is an example.
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the talking mask is expected to sell for around 40 euros the company has already received a 1000 orders from japan. own all hopes is an invention helps people to come closer together despite the pandemic. so for me on the business team if you do check out our website you know it did when you dot com slash business you can also find. thanks for joining us and to take out.
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my 1st bike was the sewing machine. where i come from them in their bones by this ocean towards something as simple as learning how to write them by side is and. since i was a girl i wanted to have a bicycle of my home and it took me years to. find the game bob invented by me and my status and returned with the sewing machine sewing i suppose was more apropos for goes than writing on my. own i want to meet cha. most of those women back home
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$5.00 a bag and 2000 and fulfilling those and inform them of all of that besides why. my name is them out of the homes and i work at see them. in the army of climate change. comes from a closer. look some still people. want to do years today out of their future. g.w. dot com african legacy of the making himself clear. how does a virus spread. why do we panic and when will all this. just 3 of the topics covered in the weekly radio show is called spectrum if you would like
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in the information on the coronavirus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at dot com for inside science. it's been a little bit of that that. was beethoven black the long running rumor that the composer had african ancestors has returned we'll talk about why here on arts and culture and also on the show she's called counter. the d.j. whose dark beats you might know from the netflix series unorthodox. from powerful beats to europe's most powerful waterfall in switzerland where 120
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filmmakers and musician. it's created this immersive tributes to the ryan. welcome to arts and culture for about a century now some people have promoted the theory that you would be fun beethoven had black ancestors the rumor is largely based on portraits of beethoven showing a somewhat broader nose and darker complection than many northern europeans now this year marks 2 and a half centuries since beethoven's birth and in time for the occasion the rumor is back but it's not just about beethoven it's about an overdue conversation about racism in the world of classical music. beethoven really black the debate is being cool seen through social media of light but the theory. us civil rights fight amount can expel late it's.
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