this date of you from berlin up next will have our business news with brian thomas for the entire news team would like to remind you that you can always get the last latest at our social media feeds and at our web site so you get. every day. for us and for our planet. google ideas is on its way to bring you more conservation. how do we make seduced greener how can we protect animals and their habitats for. the worst. we can make a difference by choosing reforestation over deforestation and recycling for

disposable smart new solutions oberstein said you know what. earth is truly unique and we know that our uniqueness is what allows us to live and survive clue why do the environmentalists choose to go to 3000 on g.w. and no more. democratic presidential candidate joe biden promises a way out of the economic crisis triggered by the coronavirus pandemic can he deliver. also on the show believe it from the docs wire card this is the place on germany's blue chip index goodbye as it finally hit the ground after a breathtaking fall from grace. india's economic boom was expected to lift more than 500000000 people into the middle. next decade but then the fundamental.

this is the business i'm joined now the milan and berlin thanks for joining us joe biden has pledged to get the coronavirus crisis under control and rebuild an economy in tatters if he becomes president but how hard will it be to convince the american people well here's one county where voters have backed every winning presidential candidate since $964.00 but this year the winner is harder to call. they were punching the air on wall street this week after the s. and p. 500 reached an all time high the economic roller coaster right left corporate america feeling bullish. but across the country in wisconsin many are scratching their heads like dairy farmer say roland she says that despite the da major trade wars on the coronavirus she is still undecided. i need the democrats to step up to

8 and when they are like 0 7 i don't rule people vote for us we're not offering them anything useful i mean all of our farms are going bankrupt because we cannot compete in this increasingly come holiday to the economy and they're not offering us anything to do to fix that but. finding solutions in an increasingly divided america is the challenge of this election 12000000 people are right of work the economy took a historic plunge in the last quarter 19 has brought the country to its knees yet donald trump's appeal still holds true for the space travel organizer who voted for barack obama in 2012. and i feel as if. 100 percent something dramatic happens because he has a record now we it's proven what he's done. seems good and that's but there are

many who see the president feel we have to take the pandemic seriously has exacerbated the crisis i feel that the stakes are too high i feel that donald trump has been a worse president than i could have imagined. the world's biggest economy faces its toughest tunnel run since the great depression and the disconnect between wall street on main street seems whiter than ever. and you would dare founder of d.c. berlin consulting joins us now he specializes in u.s. public policy andrew let's pick that right up so americans are divided on trump's economic record who's right well i guess it depends on how you look at it i mean in the general the trump administration of course as you know says the so-called great american comeback the pandemic was you know it happened through no fault of their own which is true but then the question is.

who's responsible for the management of it and the answer is the trump administration so in many ways this election will ultimately be a referendum on how this is ministration has managed the pandemic now joe biden has been pushing a promise of job creation of being the person to pick up the pieces of an economy shattered by the coronavirus crisis to your mind is he that person. well joe biden's just spoke a few hours ago and accepted the nomination at the democratic national convention and gave a compelling speech about his vision for. an economic recovery so i think. that he has laid out a vision that without an economic recovery without pandemic management the economic recovery cannot occur so that's the his and his focus is. managing the pandemic and recovering people are so she does now among his economic plans of

course are to spend 2 trillion dollars over the next 4 years to use climate policy to reason wrecked the u.s. economy now that's not without controversy is it. no it's not. well interestingly the biden campaign has ramped up its climate policy over the last couple of months you know his climate policy during the democratic primary would be considered on the relatively modest end of things compared to candidates like elizabeth warren and very bernie sanders but what we've seen after the pandemic and the cold us poll that scene of the democratic party is that joe biden has risen to the occasion and met this moment. and has really embraced a much more aggressive much more. ambitious climate

policy to spend 2 trillion dollars over the next 4 years those are numbers that we really would not have believed even 6 months ago but now with congress and with governments in spending most of it spending mode. it's much more feasible to do that. now looking at the world at large the strong bad ministration of course has led trade wars and cross border economic disputes well kind of approach do you think biden would take to global trade. well interesting legionella i think this is one of the areas where biden can expected to. where i think we'll see some continuity with the travel throats in some areas especially with respect to china i mean that is an area where there's a lot of bipartisanship in washington. so i wouldn't expect you know of us tariffs on chinese goods to go away any time soon even under a biden ministration. in terms of the export controls and these other restrictions

similarly there may be some. you know some some sort of changes around the edges but i wouldn't expect anything major in that sense where i think we will see changes is with respect to allies so you know the national security tariffs for example on europe on and canada i think those will be gone and i think that might even be you know a de wine type of thing that biden can do to reassure allies and to ease some of these global trade tensions thank you very much under adair from d.c. berlin consulting. the scandal ridden payment services company wire card is being kicked out of germany's blue chip dax index today the company is mired in a 2000000000 euro accounting and money laundering scandal wire card spectacular fall from grace has led to criticism of german regulators and politicians for their failure to detect and prevent it the finance ministry says there were complaints of

possible money laundering as early as february but those had not been followed up the scandal has sparked calls for better financial supervision. only bartz joins us now from the frankfurt stock exchange so clearly here is a bookend to quite an embarrassing saga for germany's wire card but is that the extent of the reckoning that we're going to see. no it's not you mentioned the financial supervision that's going to be reformed and i suspect there'll also be a change in leadership in the affected departments and also of course the wire card leadership they're under investigation the people they couldn't get a hold of at the top are in a holding in jail and they're likely to be indicted and of course also getting a sentence. the rules have to change also here in the financial community in germany

the accountants who either soundly slept through the whole thing or kept suspicions they may have had under wraps they're under fire things have to change there there's going to be more reckoning than this. well for now it's out with wire card but in of course with berlin's own delivery here on the docks your thoughts. you are not an uncontroversial successor to a very controversial predecessor remember wired card was already very controversial when it came into the docks even before all the all the scandal information was out there and deliver a hero it's never made a profit at least not in its operative side it's losing money as it delivers food or as the works for the people delivering the food and it's yeah it's headquartered in berlin sure it's a german success story but it no longer has operations in germany that sold those last year and it's now active internationally. kind of an odd successor and many

people here are opposed to that kind of rule that would allow that kind of successor to come into the docks especially under these conditions always more complicated than at 1st glance thank you very much indeed bart. india's record economic slump has dealt a crushing blow to young indians who were on their way to join the country's growing battle class though many are struggling to just get by and risk falling back into poverty. ashish kumar was on his way to joining india's booming middle class he planned to launch his own business with the money he earned working in a box factory in western india then the coronavirus he lost his job and returned home to a small rural village in northern india in june now he spends his days in this muddy courtyard with his friends he worries about how ever find another job.

to leave there's a dream that i want to realize by 2023 has now been pushed back by 4 or 5 years as of now i can't do anything for the next 4 to 5 years. countless young educated indians like kumar have seen their futures appended by the virus even before the outbreak one in 3 skilled young people were unemployed and dhea that number is surely higher now that the indian economy is headed for a record contraction this year millions of indians are at risk of slipping back into poverty. in the 70. 2. but. without. it we think. india is now battling a new wave of coronavirus cases it's reported nearly 3000000 infections with new

daily record set this week. the viruses are surgeons means any economic recovery will be long and slow. and so too will kumar's path to middle class prosperity. and that's all for me and the business team here in berlin and if you want more from us check out our website at u.w. dot com slash live this also on facebook and on twitter thank you so much for watching and take care.

of. the of. the brain the decision against violence to. quit his job after the mellower c.n.n. election law but. like in many of his colleagues. the actions taken against demonstrators. what will this mean for him and his family.

in the area of climate change. conference good. story posts to come for the future. come to my grocery to go to the i'm sorry. to eleanor. to the ad hello and a war welcome to focus on europe i'm lara babalola thanks for joining us europe's last dictator is clinging on to power as bello ruffians rise up against their longtime leader with mass demonstrations and strikes in state owned companies people are outraged at recent election results they accuse incumbent president.