measures are being taken. as the latest research says. information and context. the coronavirus update the code of special monday to friday on t.w. . prime minister is treading a thin line as he announces new restrictions amid surging corona virus infections but stops short of another lock down for an already crippled economy also coming up how to steer the 2nd largest economy of the world china's leaders are discussing the 5 year plan that is to map out the country's course until 2025 and will tell you why derm and wine makers find themselves right in the middle of a transatlantic dispute over aviation subsidies. on 1st kober

welcome to the program the coronavirus keeps pummeling europe. italy and spain have tightened restrictions as new infections are surging across europe italian prime minister tzipi conte on sunday ordering all bars and restaurants to close by 6 pm for at least a month the government in spain has meanwhile imposed a curfew on bars and restaurants from 11 pm to 6 and lasting until may last weeks they became the 1st western european nation to surpass 1000000 confirmed cases. let's get more now from our financial correspondent conrad boo's in frankfurt conrad bad news coming out of italy bad news coming out of spain we have the german chancellor just yesterday giving her very grim outlook speaking of a very difficult winter ahead what

a market is making of all of this. well chris more and more economists on the markets are giving out all pissant mystic outlooks for example the chief economist of the o.e.c.d. the organization for economic cooperation and development says that this year's slump of the words economy is likely to be larger than anticipated up until now and the expected recovery for next year is likely to be weaker for germany the chief economist of the state owed development bank k f w says that a slow down to 0 of the economy here in germany is likely during the 1st quarter of 2021 later today we'll get the business climate index updated of course a slump is expected there cannot blame frank thanks for the moment but do stay with us because due to the ongoing pandemic pandemic related drivers directions

germany's move townsend says further cost cuts are necessary with more jobs likely to be on the line the flag carrier telling employees in a new letter that it could shrink to a 100000 positions in the years ahead from its current 130000 as operations smokes. in the same letter that it was grounding out in $25.00 additional aircraft during the winter months due to excessive capacity. contracts back to you in frankfurt. says it is switching to what it calls winter mode now is that a prudent move or is it just a desperate one. it's both really chris you know if as an airline you see so little demand on many of the destinations you're flying too of course it's a prudent decision to reduce capacities but also i have to say this situation

makes many people working for the company very desperate you know costly spall the c.e.o. of time there regularly gives updates via video on the internet often of times i've talked to people working for the company here in frankfurt who say never the fall have they seen their boss so tired so overworked and so desperate as in you know those times of corona. frankfurt thanks. it is to china now and the country's leaders met today to start mapping out the next 5 year plan for 2021 to 2025 there is pressure to introduce reforms in the world's 2nd largest economy but charting the economic course for the next 5 years is a challenge because of the toll the coronavirus is taking on the world economy and because of worsening relations between china and the united states and china is leading the global pack in economic recovery the economy grew nearly 5 percent

between july and september the priority in the 5 year blueprint is keeping a steady course economists expect annual growth targets of around 5 percent china wants to boost productivity and shift towards higher value added industries avoiding the so-called middle income trap where economies get stuck china is committed to carbon neutrality by 2060 and the 5 year plan might give us some details on how it will meet that ambitious target. now let's get more from clifford cohen from d.w. business my colleague and a long time china correspondent walk into the show clifford 1st of all give us an idea who discusses this 5 year plan and how is it put together well this is one of the great big set pieces of the chinese communist party like the national people's congress where the economy is party central committee which has about nearly

$400.00 members in total they will discuss various aspects of this most of it has been drawn up already and it will bear the heavy imprint of xi jinping who's going to be the driving force behind all of this everything is going to be contained this thing called xi jinping told which is this new sort of central ideology that is being driven by by xi jinping so it'll be a consultation rather than a. anything more than a parliamentary kind of meeting that we know say in the west what will be the focus on topic was topic wise the focus is going to be on the next 5 years obviously and taking a longer term view at the moment john is very very pleased with the progress that has made in the coronavirus it's kept a damper on this on it's the only you mentioned just now is the only place that's really seen growth in the world at the moment so there's going to be focus on how they're going to develop the economy there's going to be

a move towards higher tech to move up the value chain to avoid that middle income trap where you get stuck making making lower value goods they want to be up there with the high tech industries xi jinping has been talking a lot about quantum mechanics and really pushing china as a technological superpower particularly because of the trade battle with the u.s. china has been relying heavily on fossil fuels it is the world's biggest polluter the chinese president says emissions will peak by 2030 but at the same time the country wants to be. carbon neutral by 2060 how will this plan impact the big 5 year plan well it's going to certainly be in there they're going to have to start doing making moves towards developing more say renewables a lot of focus on electric vehicles just like everywhere else but in china it's happening on the incredible pace and the target the 2060 target a lot of people are wondering how this going to work out because they're still

building a power plant every coal fired power plant every 2 weeks but i think there is a general shift in emphasis away from that and i think that carbon neutrality is going to be one of the defining areas of the 5 year plan for thrown in for business on the next 5 year plan for the chinese economy for thank you and now to some of the other global business stories making headlines. sems on german league head day it died on sunday mr leader was 78 is credited with transforming samsung from a cheap t.v. and applies its maker to one of the world's most powerful technology brains we also found themselves in legal hot water he was convicted of bribery tax evasion and the . german software maker s.a.p.'s total revenue was down 4 percent in the 3rd quarter of this year as a piece as the drop is a reflection of even recoveries and lockdowns around the world with some companies

reducing spending as the coronavirus condemning clinton as. the world's largest independent soft drink bottle or coca-cola european partners is in talks to acquire australia's coca-cola amatil for more than $6000000000.00 if successful the takeover would expand the european bottlers footprint in the asian pacific region yes trail ian bottle has now 32 production sites ranging from new zealand to india . germany's wine makers are feeling the pressure in the united states their bottles have been slapped with a 25 percent import tax that's bad news for any export market but particularly if it is your most important one why makers are paying the price of a fight that didn't even concern them as the punitive tariffs all the result of a years long quarrel between the u.s. and europe over aircraft subsidies and the coronavirus crisis is a making

a bad situation only worse. your very few injuries are doing their daily rounds have they been here and his brothers philip and george romper say it's a vital during the harvest season. they can't think rape's their degree the density of the juice that indicates the sugar content. 2020 is expected to be a vintage year but it's also full of worries and uncertainties for the family business the coronavirus crisis has badly affected wine growers is this one. the shelf was enough sometimes i have sleepless nights thinking about how everything is going to turn out or how will make ends meet i wonder if we'll have the laborers in the right time of the season or if we're all going to stay healthy if we can keep our customers we've already had all the restaurants and hotels closed down and lost that business storms. as if that wasn't bad enough there's also punitive us import tariffs of 25 percent levied on french spanish british and

german wines to contend with more than half of rum sales into the us their most important export markets have dried up even though german wines have always been popular with u.s. customers. you have extreme few in these markets in most years and that's and you know in recent years we've invested huge sums of money in our industry we've expanded and we've been growing bigger every year so it's a real success story for us the american market and then all of a sudden we're hit with these punitive tariffs that hurts of course tradition that's the sort of norm. in order to remain competitive the rum family winery has had to slash its prices even their us partner is taking a hit reducing his profits just to make sure their prize winning riesling doesn't simply gather dust on the shelves but wine producers and other east countries remain unscathed by the u.s. tariffs. and fuels for the way to find it completely unfair that we're being hit so

hard with these punitive tariffs and then you look at our colleagues in austria who don't have the new tariffs and we're in direct competition with them on the u.s. market but it's an uneven langfield. absolutism but that's but. despite all the problems the rumps still want to produce a 1st class wine the wine press is running at full capacity and the 2020 vintage is already fermenting in the barrels. thanks for watching.

new year yes we're going to need you and i last chance gentlemen sound so when we bring you i'm going to mount a call and you know how to have surprise yourself up with what is possible who is medical really what a new style i want. to talk to people who follow along the way maurice and critics would like to join us from apple saw stocks. is a master of the art of confrontation this is wrong. oh for combat i mean you're going to see psionics fly me to spew to champion

a tough political talk trying to frighten people who so far everybody understands it through the conflict zone and join tim sebastian as he holds the power to account this is a big failure whichever way you like to spin the conflict. for to me to lawrence nothing is the same anymore the heart of new york her city it still beats but much more slowly than it did before she's been performing on broadway stages for 10 years. but everything's been closed down years since the outbreak of the pandemic at this theater now i feel sorry heart break that i did. that i

did before. what's next for to make up what's next for new york in the city recover from the pandemic. manhattan times square but there's one place in the world where life never stand still it's right here. but now at this magical place is deserted. almost. to make a runs into some colleagues by chance they're also musicians and currently out of work but they're busy she.