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what makes for history. is so strong. we celebrate the 30th anniversary of the. october 3rd d. w. . the federal reserve lets it happen with the world's most powerful central bank says it's prepared to leave the interest rates close to 0 until 2023. and as the issues climate goals become more ambitious the dialer unveils its hydrogen powered trucks but is the tax ready to go. this is business i'm joined now the lot on in berlin thank you very much for joining us.

the u.s. federal reserve is keeping its benchmark interest rate close to 0 for the next few years as it tries to jumpstart the economy and drive down the unemployment rate the fed also says the rate will stay where it is until inflation exceeds above 2 percent and wouldn't actually. in washington federal reserve chair jerome powell expressed concern about the economy he cannot make activity has picked up from its depressed 2nd quarter level when much of the economy was shut down to stem the spread of the virus with the reopening of many businesses and factories and fewer people withdrawing from social interactions household spending looks overcovered about 3 quarters of its earlier decline. no less spending on services that typically require people to gather closely including travel and hospitality is still quite weak here to help break this down for us is our u.s. correspondent. yes it's quite astonishing for the fed to adopt such

a long term stance isn't it. it clearly is and to we live in strange times understand your own poll correctly that the federal reserve is not planning to increase interest rates even until 2024 i don't know why the federal reserve is so sure about this because nobody can tell you how actually things will change in 2 or 3 years so what the federal reserve is saying is that they can still help to stimulate the market but yet it's definitely very unsure was still an unheard off that we have a long term projection of maybe one quick word this policy it also means that the federal reserve quite frankly doesn't really expect to for the economy to fully recover any time soon. but in that case how much will the fed would be able to do

in case economic recovery is hobbled by sustained pandemic. yet your own poll made that pretty clear he said that the federal reserve can help to lend money but that money has to be repaid at a certain point in the future that can hold that help to stimulate the economy and specially to the federal reserve can of help to. actually keep financial markets going but at the end of the day to really give the economy a big push especially when we might see if there are health situation under better control the government has to act congress has to act we need to in fiscal measures so that's what is your role paul. made clear quite frankly so yes the federal reserve can help up to a certain point but in the end to really get the economy going you need to government you need congress and you need

a fiscal measures federal reserve recognizing its limits thank you once courted there in new york for us. the e.u. has announced an even greener new deal to cut emissions accelerating a reckoning in the automotive sector that was already under way now german carmaker dime learned has presented its 1st hydrogen powered semi truck but it's a long way from road ready and its environmental credentials are by no means assured. with a certain amount of pomp dimer unveiled its 1st hydrogen powered semi truck in berlin on wednesday but it's not going on sale and in time soon the concept vehicle with a hydrogen fuel cell in the range of 1000 kilometers is perhaps an indication of where the company's development is headed that it's this advance that illinois that will be models for customers to test if that will happen around 20232024 but if we're talking about serial production meeting in any desired quantity and variance

that customers can order i expect that by 2027 today a hydrogen powered truck with such large fuel cells is 2 or 3 times as expensive as a diesel truck once it goes into serious production the technology will likely be cheaper but it may never outprice diesel and manufacturers are making clear demands of policymakers they want purchases of environmentally friendly hydrogen trucks to be rewarded with lower highway tolls for example germany's transport minister shares that view. but now we have to move toward the c o 2 road toll that way the topic of c o 2 emissions will play a role in the price the usage feel right and that way the difference between the different propulsion types will be reduced so an alternative drive that's currently more expensive can become more affordable and efficient or that it is the studio is going to go to try to get. the attendees that the reveal event agree that such

regulations only make sense for long haul ajith the e.u. wide and that the environment will only benefit if the truck's clean fuel is produced in a climate neutral way today's hydrogen fuel is still often generated using electricity from coal fired power plants. now to some of the other business stories making news. crashes involving boeing $737.00 max aircraft were the horrific culmination of design flaws and grossly insufficient oversight that's what a u.s. congressional report says the investigation showed boeing staff carrying out tasks to be done by regulators in all 346 people were killed in 2 plane crashes. bill de blasio has put himself on furlough the mayor of new york city says a week's unpaid leave for him and his staff is unavoidable due to u.s. congress failing to come up with

a fresh stimulus package the city's administration has lost $9000000000.00 in revenue due to the pandemic. airline alitalia is launching so-called cold and free flights between rome and new lawn the route will only be open to passengers who have tested negative for the coronavirus a maximum of 72 hours before the flight. to talk looks to move its headquarters to the west according to reports that says american tax firm oracle becomes a minority shareholder president donald trump has been demanding the sale of take talks american business citing security concerns he says a deal is close now most people look forward to retiring but there are pensioners who just can't let go they don't just work to live their lives to work here's the story of one japanese senior citizen for whom retirement didn't quite

work out. 77 year old. was getting his bike ready it's 830 time to head off to work the man has long been a pensioner retirement is not for him. mof you look at all this and i thought i like going to work it keeps me moving and that's good for my health and i still have plenty of time for private things that i've. talked about small that. he lives in a close an hour's drive south of tokyo. needs 15 minutes to get to work at a branch of electronics chain no jima. like many companies in rapidly aging japan the retailer is suffering from a shortage of staff. so now the business is betting on one jeopardy and allowing workers to stay on longer until they turn 18. on preserve the vulcan old age home or kindergarten would you rather be there here i'm together with younger people i

get to experience new things and can learn something i don't know if i'm very useful but i try to go. without yes the buses say the senior citizen is great on the job thanks to his experience maturity and even temper lots of younger people lack that and issues i was still ambitious and quick maneuvers through all he's even older than my father but he doesn't put on airs when you give him a task he takes care of it quickly and conscientiously and he always looks to see how he can make things easier for the sales people he's a big help to be beautiful but you know some of the. issues are what works in the stockroom years ago he was a technical director at a big railway company so logistics controlling checking off items are all quite familiar processes. without him the stock room would be chaos and far less efficient so what with

colleagues in sales often overlooked things but he always notices them so he's incredibly aware he quickly so i am on. the arrangement with senior workers is good for everyone says the company it gives firms more personnel the retirees pay and occupation and extra tax revenue for the state it's quite flexible issues are what works 36 hour days a week. for lunch eats his homemade only gear a traditional rice balls monarchical my wife doesn't say it but i think it's better when i'm out of the house a few times a week and not always sitting around at home i'm a moment ago i am. a good husband is healthy and absent says a japanese proverb. and she's i wouldn't mind continuing until he's 80. 8 in time he rides home for a bath and

a cool beer surely at his age he's earned it. and finally belgians looking for an unusual colon area experience are once again able to eat while suspended 50 meters above the ground brussels based dinner in the sky has been set up in some 60 countries since its 2 $1006.00 launch well known chefs cook and serve from the center of the platform during the pandemic diners it will be socially dispense with catering for up to $32.00 people seated together at 4 per cent private tables. gotta try that thanks for watching.

thousands of homeless refugees left to themselves without a home. after the fire in the morning. is growing for everyone on the island. what is it you doing is the new interim champ only an extension of the steam engine lean condition. focused on europe. in 60 minutes on d. w.

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discovery. subscribe to the documentary on you tube. this is the news africa coming up on the program my jury says it's time to get back to the classroom but other schools ready to see if you reopen the dolls just events many few the i just know well prepared enough to follow cohen all 5 of us prevention guidelines where that often 60 students in a classroom. had. classrooms then.