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tv   Kick off  Deutsche Welle  September 1, 2020 12:30pm-1:01pm CEST

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it's called spectrum if you would like any information on the clone a virus or any other science topic you should really check out our podcast so you can get it to your pod cast you can also find us at. the incredible shrinking economy india posts its worst economic performance in a tree the numbers are even worse when factoring in the informal sector. the recovery. could instead go to the minister reckons the growth of. the recovery. and argentina doofuses fears of a bold agreeing to a massive debt deal with creditors it could set the future so from crises.
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let's say business incredible india was always the marketing slogan in this case an incredibly woeful performance and record slump for india's economy 24 percent drop in the 2nd quarter much much worse than full cost the same story playing out around the world strict lockdowns to contain the growth the driven down spending but things were looking good for india before the crisis it was the world's fastest growing bigger economy until a few years ago alice to predict 1st year decline this is 1900. is executive director an asia pacific chief economist at i.h.s. market just how bad was the economy before the crisis hit. the indian economy had been moderating over the last 18 months momentum had slowed
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considerably but it was still growing at a positive pace so what has happened since the pandemic really escalated in india is that the government put in very severe low measures. many other countries have done all around the world and as a result of the severe lock down industrial production slowed dramatically and consumer spending also dropped. very very steeply so that is why the 2nd quarter has been extremely weak the april to june quarter india we've seen this tremendous contraction in the economy but i think when we look at what is happening right now with the data for july and august it's clear that as the lockdown natures of the east the economy has started to recover somewhat mental even though it's not back to the pre and demi levels yet is
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a fear fed then to be critical of the money government. well i think if we look back over the whole term of office and this is his 2nd term now he has done many important things and his party of course as well so basically prime minister modi has really ramped up foreign investment into india we're seeing very strong inflows of investment from multinationals since he took office and so there's been a tremendous change in foreign investment flows and even this year with a pandemic where the recession. yet there are still very strong flows particularly from u.s. companies coming into india in the 1st offer but year there's already about $20000000000.00 u.s. dollars of commitments just from u.s. technology companies like google and as on facebook and that's because they're very
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attracted to the consumer market in india which is the biggest consumer market amongst the emerging markets off to china and also because in your husband yet digital transformation that has already happened in china so tech companies are seeing a lot of opportunities as india moves to smartphones particularly e-commerce so that is why tech is very exciting still in india over the medium term outlook budgies is full of it director in asia pacific chief economist at i.h.s. market thank you very much thank you. the german government has issued an improved economic focuses you expect the crisis to if they thought less damage than initially feared you have an economy ministry now expects a traction of 5.8 percent as german industry and retailers begin to reopen but the next year the government has revised its called the expectations downwards
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. let's go it's chilly the lady of financial correspondent frank good to see this is should we be relieved i mean surely there is a lot of bad stuff coming still well the economy minister peter meyer definitely seems relieved and he was very very optimistic and this press conference he gave earlier today he said the german economy he's confident it's on the right track now and he cited a lot of different reasons for this one area that he really praised was the government's response to that pandemic from the economic perspectives that the german government has. had it had a support package of over a trillion euros available to help businesses and workers get through this crisis so we have seen a lot of support and that does appear to be helping but here's what he said earlier in the press conference about the recovery. incidents which we can reckon with the
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v. shaped recovery. a classic example is a columnist would imagine things going in such a situation. that is unfortunately a massive drop due to the sheer force of events. but then an unexpectedly foster recovery that goes to show that the german economy was in the good condition going into the pandemic. what was it in such a good position i mean that gruff looks that drop looks terrible but the recovery surprisingly looks quite good and i know there are a lot of economists who who are focusing very different scenarios to a v. shaped recovery. so looking at the data there certainly is a very strong rebound across the economy and manufacturing and confidence things like that but today as well they were also casting uncertainty on the future and
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one of the big concerns that the economy minister mentioned was that we really don't know what the what the rest of the world is going to look like in a year or so even as even as demand even as industry seems to stabilize here domestically there are a lot of a lot of concerns about the global economy a lot of countries are having a much more difficult time both containing the virus and the economic fallout which could be very difficult for germany as an export dependent economy you could point to chelsea delaney for us in frankfurt and let's look at the job situation because of course that's going to really be dependent on how growth goes and whether or not there is growth in global demand the coronavirus took a sledgehammer to the labor market but europe's largest economy is adapting to life off the boat down the german unemployment rate holding steady last month. germans can breathe a sigh of relief demand for workers here has slightly increased for the 1st time
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since the coronavirus pandemic began albeit hesitantly. in august 2 point 9000000 people were unemployed that's nearly 650000 more than a year ago labor market experts stressed that without short time work millions more would be jobless while the pandemic has been rather mild in germany the corona virus has wreaked havoc in other european countries and france the unemployment rate climbed to 6.9 percent but spain has it worse 15.8 percent of the employable population is without work. young people are especially hard hit in the e.u. nearly one in 5 adults under the age of 25 is jobless on top of that the number of people infected with kovan 1000 is rising in many places creating further uncertainty and job markets. and inflation in the euro zone has fallen into negative territory reaching mine is point 2 percent in august that's according to
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the european union statistics bureau the weaker inflation coupled with growing unemployment in the euro zone suggests the block has a long road ahead to economic recovery by the central bank in acting historic stimulus measures here in europe in an effort to inflate prices. now to some other business stories that are making the headlines south korean prosecutors have indicted the heir to the samsung empire a widely on charges of manipulating stock prices and breach of trust to submit control of the group the gravity of capital market manipulation was given as the reason for the move despite an independent panel's recommendation not to indict manufacturing activity in china expanding at its fastest in nearly a decade last month as factories ramped up output to meet rebounding demand new export orders also rose for the 1st time this year. bangladesh's textile industries or shopper. exports by nearly 50 percent as factories swung into action to made
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orders for global retailers shipments collapsed 83 percent in april as western discount closing schools shut down during the pandemic. video conferencing service is one of the big winners of the coronavirus pandemic reporting a huge jump in revenue in the last quarter to 6 163000000 dollars as hundreds of thousands more businesses sign up to use the service. is their story could set the precedent for some crises argentina has managed to solve it's the folks crisis weighing over creditors it agreements that allows it to exchange 99 percent of the bonds involved in a 65 $1000000000.00 restructuring a strong deal is a major win for a flagging economy. even economic crisis and financial disaster can't take away arjun times love of tango as evidenced in this international online dance competition but the coronavirus pandemic has made the situation drastically worse
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argentina is in its 3rd year of recession and its economy is expected to contract by 12 and a half percent this year inflation is running at over 50 percent and more people are slipping into poverty. so i want to. her many people like us who work who get their food day by day and the precariousness of the labor market means that if a pandemic comes nobody will have a shelter or economic security and then we. all know what the latino vote is this is the struggle of the poor we struggle here every day so that people believe and realize that we are families who are in need families that are not here just for the sake of it we're here because we have no work to be we have families who want to put down roots and make a home lad but monday settlement puts argentina in a much better financial position to start the long haul out of recession and the specter of a temp sovereign default no longer looms over the country. and just briefly the
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dollar has dropped toward multi-year lows against most major currencies going back falling to 1. $1007.00 against the euro its lowest in over 2 years the federal reserve's new policy framework continues to fuel bets that u.s. rates will stay low for longer officials now say a lower rate of unemployment won't necessarily mean higher interest rates that's encouraged traders troops they don't miss. about.
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combating the corona pandemic. where does research stand. what are scientists learning. background information and news of. our corona. 19 special next on d w. in the. climate change. comes from the soon. to.
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be years today how far future. the dot com may consider the guests the culture. cutting through the noise. floor i come from people are known for being tough but fair york and la and people tell it like it. they call it the concrete jungle the melting pot the city that never sleeps if this is energy that makes it feel like home but amid the hostile it's important to listen and pay attention because it's not just the loudest voices who need to be current we all have a story to tell but i see it as my job as a journalist to go beyond the obvious now i'm basing europe and my work takes me around the world to my instincts for me to say to tell the important stories behind
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the headlines what is the heart of the story why does it matter who live impact. stay focused if you want the answers to cut through the noise to get to the truth. my name is sarah kelly and i wanted to double. in percent back in the battle against the coronavirus cases of reinfection are emerging in hong kong the united states and europe. they suggest immunity from the disease does not necessarily last long. the world health organization is calling for more studies. concrete dances a vital in developing a vaccine that is if we ever get one. so much for herd immunity or full immunity and what about natural immunity so many
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questions which we'll get to in a moment with an expert 1st the world's 1st genetically verified case of someone being really infected with covered 19 and what that could mean for the pandemic. as the coronavirus pandemic took hold scientists knew a vaccine would be the best protection against the virus but there was still the hope that those recovering from infections would be immune as is the case with viruses like smallpox or polio when a 33 year old man in hong kong tested positive for a 2nd time those hopes were ruined. some people might ask will you be immune to the virus forever after you recover there wasn't a clear answer before but now it's certain after your 1st infection there's always a chance you'll get infected again. in their research paper the team at the university of hong kong says the 2nd infection was a different strain of the virus and that the patient was asymptomatic the study
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examines how often people who've had covered 19 are immune to new infections and for how long these questions have implications for vaccine development and decisions about returning to work school and social activities. as many countries in europe and around the world went into lockdown to slow the spread sweden went against the tide opting not to confine its population schools and restaurants remained open in the hope that infected people would become immune thus allowing them to continue their lives as normal and ultimately slowing the spread of a virus. i think is which people are. taking big responsibility so if you're sick stay home and if you're not we can be outside. sweden's infection rate and deaths per 1000000 were soon among the worst in europe . and yet testing showed the country still fell
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a long way short of the estimated 90 percent which would create herd immunity nor is the rest of the world anywhere close to that. the w.h.o. says that until the world has readily available vaccines the virus will continue to inflict significant changes on our lives. as a planet also global population are close to levels of immunity required to stop. and we need to focus on what we can actually do not to suppress transmission and not live in whole herd immunity been our salvation right now is not a solution 'd it's not the solution we should be looking to for. and the immunity picture is looking increasingly complicated in the southern german town of bad found by a study by germany's robert cock institute found that 40 percent of participants who had tested positive for the corona virus before the study began no longer had
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immune aglow binjie antibodies the most common type of antibody. outhouse and the one student is the can we know from other studies that a proportion of people proven to have been infected with sars cave to show no antibodies after a certain amount of time. but this doesn't necessarily mean they don't have immunity to. it in the took off that's caused by the state the robert cock institute is now conducting several regional studies and plans to start a countrywide antibody study at the end of september. as researchers toiled to bring vaccines to the world questions are looming about whether it's feasible to create a vaccine that would actually work for a lifetime. well let's go over to thomas kaamelott he's director of the institute for immunology. for us what are the chances of getting reinfected
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the chance to see real but there are several case reports from different countries from people who have recovered from cope with 19 and then fell sick again this is series of 8 patients from china and similar reports from hong kong and some european countries so it seems to be possible but you're saying rare. what about other cases that haven't been uncovered and more studies that have to be done according to the world health organization i mean could this be the tip of the iceberg. probably not because from we know a little bit about the immunity against covert 19 and how people usually develop antibody responses which are protective people usually you got responses which are protective but we do know that in some people these responses may be short lived so that would be a possibility to explain the fact that some people can become reinfected afterward but most people should have protective immunity for some time after their interaction with school with 900 we saw school too but what about full immunity i
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mean does that exist when it comes to code 90. what do you mean by full immunity lead once infected you can never get infected again in your life is that what you mean exactly well that's true that's true really to say because we only know this infections insulin bit more than half a year so thus far the vast majority of the symptomatic patients and the asymptomatic that have been investigated have not fallen sick again but we do not know if the immunity against the virus will last for year or for 2 years or for many years experience from other coronaviruses including the zoster one of our shows that the immune response is when enough to some time so for dos. immune responses antibody responses were no longer detectable after 6 years in most of the people so we do not expect lifelong immunity after an episode of covert 19 probably
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and of a question what about developing vaccines or drugs to treat a covert infection doesn't doesn't success depend on knowing exactly how immunity against the disease what's well have off mean developed quite empirically and there's a lot of quick scenes promising ric scenes in the pipeline we do know a little on protective immunity you're absolutely right we need to know much more but thus far it seems that the wreck scenes that have been tested are in using the right responses and probably or possibly we will have to be content with less than the normal circs says so maybe of exceed what not induce a lifelong immunity or not induce an immunity that lasts for 10 years or so but even if it lasted for 2 is 3 years this ng would be a great success and even if it would just prevent the cv year clinical courses if it would switch to clinical a severe clinical course to a mild infection acing that would be a huge success already given the current situation so could it mean getting
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immunize the getting of like a flu shot every year basically. we don't know if it would be every year or every other year every street but that could be the case it would be slightly different from flu because flu you need a new show every year because the virus changes so rapidly that does not seem to be the case was a groan of iris and there was a soft curve to if i would have to immunize more frequently it would probably be cause the immune response and memory wanes against. the virus and therefore needs to be refreshed that that's a possibility that needs to be explored to us coming out there from the institute for immunology into thank you very much. thank you very much over nicely. for a look at some other aspects concerning the coronavirus it's over to our science correspondent derrick williams with your questions. we've heard about the underlying diseases and conditions that can influence the severity of coded 19
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outcomes but does viral load also affect some verity. when i began looking into this i quickly realized that there is still no clear answer to this question partly because the amount of virus in a patient's body changes from day to day as the disease progresses we know from other diseases that that high viral loads are linked to infectiousness but do they also affect disease severity in tobit 19 well the information coming out of the studies this kind of conflict in a recent fairly large scale one for example found a clear link between mortality and high viral load in hospitalized patients and even suggested it could be used as a tool for stratifying patient risk but other studies that have measured viral
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loads in for example children who had very mild forms of the disease found they were generally carrying even more virus than adults who develop severe forms of the disease and then there are the studies showing that that asymptomatic or precentor matic adults can also have very heavy viral loads so so after hours of reading this is how i would interpret the data because kids and asymptomatic adults can have lots of stars cove 2 in their bodies but no symptoms a high viral loads don't seem to be a reliable indicator of disease severity and. so you land in the hospital with a severe case at that point it does become an indicator of outcome severe what we still don't know is whether high viral load is actually causing that is eased to get worse for those patients in the hospital or if it's an effect but at least in
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those who are hospitalized or associated in some way. well over 38000 people turned out to protest against germany's coronavirus measures on the weekend there were multiple arrests after clashes with police they say right wing extremists co want to demonstration over 1000 people have died from the virus in germany still protestors believe the danger is overblown. personally i don't believe that there's a pandemic i do think the disease exists but not a pandemic kind of that the lead definitely on for the problem according to the new definition of a pandemic it's a pandemic. but that has to do with how much it spread and not with how dangerous it is. finally medical stuff are among those most at risk of getting the corona virus but a hospital in mexico city has taken on
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a new employee with complete immunity to cope with 19. goes from room to room providing support to patients with robots help they can talk to relatives via video call or to the hospital psychologists feelings of isolation are a big problem for coven sufferers and this is where the program comes it. fizzle when the next time. kick off. he's in the region force of nature. dortmund striker. can the secret to success be found in his homeland. we took a look around norway to find out. kick off. than 30 minutes on t.w.
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. on a smartphone lifespan 18 months max. my mama tiriel extremely hot recyclability seldom. side effects environmental pollution child labor harsh working conditions fast for the short blocks of ourself close. to 90 minutes on w. . didn't beethoven invent jazz did you did do. did is it does and does 16. little. rock n roll. so many romance of stolen beethoven.
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but. the be. the best . i. guess you w. news live from berlin the us race for president becomes a standoff protests and violence the city of wisconsin in chad had a visit by president trial that has been rocked by rest and the police shooting of a black man last week trump democratic challenger joe biden accuses his family the buy let's also coming up french president to manual knock on tells lebanese politicians to reform with him to bleed or face punitive measures from fran.

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