and the weekly radio show is called spectrum if you would like any information on the crown of irish or any other science topic you should really check out our podcast where you get your part cast can also fine arts and. science. the mood is getting better why a monthly survey by germany's evil institute found that business sentiment in germany is picking up the think tank even forecasts 7 percent growth in the 3rd quarter we talk to the institute's president to find out more. also coming up india is in the grip of the coronavirus pandemic the health crisis also lays bare the country's economic inequalities we go live to delhi. hello and welcome to your business on want to go to have you with us the german economy is on the road

to recovery that's according to the president of germany's institute the think tanks latest survey shows german business morale improved more than expected in august the survey offers a silver lining to europe strongest economy which suffered a record to 9.7 percent contraction in the 2nd quarter as private consumption investments and exports all collapsed at the height of the cold 1900 meek. and for more i'm joined now by the president of the e 4 institute like its institute for economic research at the university of new nickname it's forced good to have you with us so i hear that you expect the economy to grow by almost 7 percent in the 3rd quarter what will spur such crevasse. well to some extent this is a mechanic because in the 2nd quarter we had a strong contraction due to the lockdown now this lockdown is it has gone

away and not entirely but almost entirely so just mechanical a part of the economy is open again and that drives this grow up at the same time there are some positive signs internationally the economy in china is recovering data coming from the us is quite good despite the spread of the virus there and that's all of that is supporting the german economy as well and of course the german economy as a whole fairly whether this crisis fairly well that is because of a massive fiscal stimulus push which was only possible thanks to a new debt of almost $218000000000.00 euros and now there are colds to extend for example the short time allowance scheme for another 2 years to much leeway is there left before debt becomes unsustainable well debt is

not the key problem at least not at the moment yes that is increasing but before the crisis after a couple of years with a balanced budget public debt declined in germany so there is a lot of room for debt interest rates are very low now a so increasing debt at least in the short term is not a problem if we think more about the long term with demographic change the debts may be problematic but currently there's a lot of groom for for raising more money investors are very keen to invest into german bones interest rates are negative so that's not a big problem at the moment as specially not if we actually do experience the kind of rebound you described earlier but what happens if there is another lockdown case numbers are rising in germany can germany afford another knock down. well that would be a very negative scenario and particularly if it was a general lockdown we as long as we can respond to outbreaks the regional are as

broad breaks with the regional measures i think we are ok what we need what we should try to avoid is a general lockdown that would have severe consequences it would also have an impact on the general mood of consumers and trust of investors so that would be really bad if that happened the recession would be much worse than we think it is it has to be now all right then let's let's stick to the upbeat news and hopefully see those 7 percent growth coming soon claim as was there from the evil institute thank you so much thank you. well if a pandemic weighs on heavy weights like germany it certainly causes havoc in emerging economies india is the worst hit country in asia and 3rd only behind the united states and brazil in terms of number of cases globally now the virus is now spreading from cities into the sub continents rural areas hitting those who are already struggling to make ends meet in fact the state bank of india fears the

economic fallout from the pandemic is causing more harm than good 19 itself. until late march mar was working 8 hour shifts at a plant in western india making boxes for chocolates he earned $146.00 euros a month but then his factory was closed under the nationwide lockdown the government hoped would control the pandemic now the 20 year old is back home with his parents in a small northern indian village thinking it will all my parents have sacrificed a lot since my childhood they've been making sacrifices and are still sacrificing their lives and now when the time came for me to do something for them in return the lockdown happened and everything went haywire and they're still sacrificing as i have been sitting at home for so many days sitting idle and living off of them. every day he hangs around with friends in the muddy courtyard they jokingly call

their office. the joa nehru university in delhi says rising unemployment will force at least 100000000 indians below the poverty line. besides covert 19 malnutrition hunger and other illnesses are also on the rise. more people are turning to alcohol and drugs during the economic downturn some even feel driven to suicide. given that the youth unemployment rate was 70 percent going into the crises and the future of these that my duty particularly is is very bleak we're heading into a very serious problem. bank of india economist calculated that the economic fallout of the lockdown causes more harm and deaths than the actual coronavirus itself. from the lock down means his dream of building a little recycling factory one day with the money he's made he's on hold but it

least he has the support of his family during these awfully grim times. so high youth unemployment no job prospects lack of infrastructure in rural areas and now 19 making all of that wes for more on the economic fallout of this pandemic in india i'm joined by. don in delhi good to have you with us how visible is this crisis where you are. so i mean delhi it is slowly starting to have the cities slowly starting to house and the streets are really are small vendors are back but it's just not the same city only in law you know like any given. sort of economic activity that you'd see in a city with a population of almost 20000000 people it was unfathomable but now even the markets are open you don't see that much for to follow the street people are of course not

coming out on the streets as much because of the fear are the bias it's there but they're also and willing to spend that money on the event $1.00 of the sectors where this is was visible is the public transport sector that has also been so the hardest hit when the lockdown happened in march and public transport was entirely shut are in fact even now well actually is not back and just the sector itself to give you an idea as reported losses of 7500000 euros in only the last 4 months so in that sense things are really quite bleak even not right and of course when you mention the public public transport and all of that not working because of the lockdown certainly not for a long time huge losses that also impact a lot of people who are on the move be migrant workers speed commuters and india of course is a very very young country can an emerging economy like india afford to lose

a whole generation due to the economic fallout. you don't want to. can afford to lose an entire generation of workers as you said but in india that situation is even more precarious because our unemployment. times was one of the lowest. in several decades now as the report that we just saw stated a do you want to the unemployment rate is as high as 70 percent and this is dangerous for a country like india because it actually has one of the world's largest working populations and it's looking population number is a lot under 2000 plenty 5000 spotty according to many economists already what that means is that the moment india has a demographic advantage and if the government is an evil to provide this employment it will lose out unless and bondage that it could happen in the

workforce and that's exactly sir robert just very briefly what measures it is of the indian government taking in order to bridge this terrible gap between ensuring life lee hoods and saving lives. you know it's a difficult task for the government because as you said on the one hand infection rates are still one of the highest in the world but the economy is also plunging it would be crisis so what the government has really done has allowed each state government to have its all time lightly opening up its economy and the central government is that that's one of the 1st thing that they've done which is 2nd of all it has been to actually now monitor help in little areas because the infection has led to little areas and you just stop to help this vote or you are so it leaves the economy can only be saved if the government forces on your actually feel and totally on the outer and dream up of the economy in albany areas again stimulus

packages that will increase manufacturing supply and local employment as low particularly or going to unemployment big big task ahead the tunnel and thank you so much. and now to some of the other global business stories making the news. facebook says it is planning a legal challenge against the thai government the social network says it was compelled by the tile authorities to block access to a group discussing the country's king royalist marketplace has over a 1000000 members thai government claims some of its content is defamatory to. german can make a dime or is to expand the right hailing service star rides its joint venture with chinese company the technology services chain do will be the 3rd chinese city where the service operates their launch with a fleet of 100 election vehicles increasing to 200 by using.

the united states and china have resumed strange talks a day after president donald trump suggested breaking off economic relations with the chinese following a phone call between the white house and beijing both sides said they were seeing progress despite the tensions the u.s. and china say they plan to stick to their preliminary trading agreement reached in january in an attempt to end their trade war. that's all for me and the business team here and berlin as always thanks for keeping us company.

combating the corona pandemic. where does research stand. what are scientists learning. background information and. our corona. coded 19 special next on d w. german chancellor on the american made a famous claim there's nothing that's. germany opened its borders to refugees

5 years later we take an in-depth look at what happened there and. what followed. and the consequences of the refugee crisis that we're still facing today. are topic on d.w. . test time for the school children not your usual exam but waiting for the results of this one can be just as stressful. and you gargle and spit test for the coronavirus . nicer than a swab but it still needs to be sent off to a lab and there aren't enough labs in tests to process every pupil in every school . plus doctors warn it's not a free pass from social distancing the result only provides a snapshot in time what happens after class or in the schoolyard.

we're all just say wearing masks would be more effective. but try getting kids to wear masks all day at school. i found it hard enough to focus on my studies or school but i worry about a pandemic schools have been reopening with new measures to keep students and teachers safe some offering free weekly khurana tests they don't use julius adelie reports. students are back in class at the secondary school in berlin but after months of learning from home and a few weeks of vacation this year's return to the classroom was unlike any other a new spike in corona virus cases across germany is causing alarm the school leadership is hoping that a major testing program will prevent any outbreaks here. but. of course we take the other hygiene measures seriously to.