tv Business - News Deutsche Welle November 24, 2020 7:15am-7:31am CET
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a large base for people to live and that it also involves getting resources like water, metals, and oxygen out of the surface. and we developing the technologies for that. so it's a sustainable long term program as opposed to just boots on the moon. and coming back here aren't not going. corcoran fascinating. thanks very much. you're watching daytime and the news will have more news next. founts. ha, now a business with chris kind of gives us your country will make you rich people. oil will provide you with jobs. peak oil will take good care of you mentioned tends to be one thing for too cold on the west coast to come out in 2007. investors made big
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promises, but years later, reality looks very different pages good drinking water shortage and high unemployment. helping to donna's dream, most black gold oil starts december 4th on d. w. the runway back to business airlines around the world looking for a way to get flying again, the international air transport association has some ideas. i'll talk to the industry bodies, director general, here in a moment, also on the show, a well known face in financial circles seems to reappear as u.s. president elect. joe biden fills his cabinet seats and our flowers lighting up here
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at a well vendors of the world's biggest market in amsterdam board say way too few people are feeling this way. in the panda i'm chris cuomo, welcome to the program. global air travel is looking for a way out of the devastation the pandemic has been causing the international air travel air transport association believes it's possible to save the industry from ruin by reopening safely as soon as possible. and it seems to be high time for that . the industry body expects losses to balloon to 84000000000 dollars this year alone. the unprecedented drop is do you do to demand and the industry tanking by? well, over 60 percent today, i asked will hold its annual meeting where it wants to present several ideas for making ashraful corona virus proof. now, let's talk about possible solutions for a sector that is stuck in a historic crisis. with an xandra vision,
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yaks director general and c o of the international air transport association. he, joins me via skype from geneva. welcome to g.w., sir. quantas. as international travelers need to be vaccinated against covert 19 to be able to fly with the australian carrier. that's not going to make business easier any time soon as it is, you know what, we have a commanding lead because of that scene is that there yet and will be probably the low mass in more of the 2nd office and one because we kind of wait for such a long time, to really start, we've proposed to stage a systematic testing for estimate for this departure, the, all right, all but the system of it everybody. so you are someone who is safe,
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who is not infected all weatherly's. it's actually sort of the pandemic is under control, which with the ship and the thing that bellagio loved and who is supposed to pay for this testing. that's a very good question. has a 2nd major improvement? yes. made is to refute that whole thing with the p.c.r., test. you are in the area, it was dollars, but tests with the n.t., gente us, you are the area between $6.00 to $7.00. so it is affordable on a pretty large scale. and so we think that we could use less of mystic delegate, we commanded by you know, 2345 key the ways and we also work to rebuild many know that while overall we work with that. but that is, we have many, both tested that been issued
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a few days ago. so everything is ready. and we would like convinced that if you implement that our technology and process will as and you don't need to take quadrant can be moved by the problems. and then the perfect. now your organization has also called for an additional $70.00 to $80000000000.00 of additional state help. how justified is that in the fact that other economic sectors are suffering as well in this pandemic? we are absolutely conscious of that. that of the father, not the only one to suffer, but i'm yet to be on the frontlines of station you mentioned we were expecting $84000000000.00 up and it went good. i can tell you like this, your mission that we make public and if you, if your moment is much higher than the 2nd,
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is this pity of it. that already even us $160000000000.00. but as we have no passengers off, as you mentioned, the traffic has been used by since this 6 percent. for the long haul, i think by 90 percent, it means that our situation is still that it, that it. and we'll just move it out here to need around 70 to 80000000000 of us who we are very grateful about the previous stimulus packages. have been into that it, but it's a pretty big joke. and without them 1st, if you know, one who has the, you know, the money you have invested, right? we are asking for more. and secondly, if you want as quick, strong, strong development and growth for your economies, you know, we will as soon as possible. otherwise, no problem, no hook. and briefly,
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does any act, not every airline is going to survive this crisis, but there are those who say some consolation in the market is not actually about thing. you know 1st of all already 40 bent with serious by the actual problem. it's a big number, millions of it will be out there in the last. so it's there. he said, we're a systems already. so now for the future, we expect call that leave you. well, and hope and that it will be on the financial situation of the remaining alliance when they have the financial means to buy it in the first of all. and secondly, if many are like the state nationals that as taken significant ownership.
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will the state allow for a mother partly to buy the company to just undercut the conversation the notes of so sometimes it's kept and expanded as any actor director general and c.e.o. of the international air transport association. thank you for talking to us u.s. president joe biden. has reportedly picked janet yellen, the former chair of the federal reserve to become his treasury secretary. now ms. yellen presided over the u.s. central bank from 2014 to 2800, in the aftermath of the financial crisis, the move comes after president donald trump's administration agreed monday to cooperate with biden's transition that will free up federal funding for biden's team after weeks of delay. as trump contests election results,
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let's get more from the w. financial correspondent, ashutosh panday in frankfurt. janet yellen very likely become u.s. treasury secretary. now there's a familiar face for financial markets. and that's exactly why the markets have given her the thumbs up and the markets are trading higher in asia, and they're expected to open higher here in europe as well. yes, she's known dolphin. she is somebody who cares a lot about creating jobs, something that would be needed going forward during this pandemic. and also somebody who is expected to work well with the fed chief unlike you to see the kind of differences we saw last week when the current treasury secretary actually wound up some of the emergency lending facilities. and much to the dismay of the fed reserve. so we're not going to see that, but yellen also would have got out and that would be to end the long job in the
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congress and provide the much needed fiscal stimulus spending in frankfurt. thank you. many sectors are suffering during the pandemic travel hospitality. traditional retail flower vendors are also along those who have seen businesses wilting. think about no birthday parties, weddings and gatherings to celebrate anything. and with the 2nd wave of infections hitting europe, the crisis isn't over. it's just before midnight and the world's largest flower auction is about to begin. thousands of growers bring their flowers to the royal flora holland. on the outskirts of amsterdam, the 1000000 square meter hall is the size of a town. at the beginning of the pandemic, there was chaos here. entire loads of flowers had to be destroyed. europe was in lockdown, and no one thought of buying flowers. tons of them landed in the poor witness the shock down, terry. all of
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a sudden he couldn't sell anything. i'm with you mark for something to fall in. the home market collapsed. there were thousands of us vendors, thousands of carts, everything ended up in the garbage. it wasn't good. with money. prior to the pandemic around 20000000 flowers were sold here every day. it's one of the country's leading industries. the most important customers are their neighbors in europe. are you selling any flowers? bloom of the flowers that combine well are easy to sell mythical. but behind the scenes, it's still apparent that business isn't back to normal, yet huge, vacant spaces and the auction hall. every 20 seconds, the auctioneer displaced the bids on the screen. amsterdam's flower option posted sales of almost 5000000000 euros last year, but the crisis is hitting the netherlands hard. that's one of the reasons why the dutch government was against unconditional handouts of billions of euros to
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southern e.u. countries. last summer. what we said is, we will help, but you also need to help us by putting in place the necessary forms in the labor markets, pensions, etc. so that next time he will be able to help yourself. dutch florists think it's right to send money to southern europe despite the coronavirus crisis, but only under certain conditions between me and mine, i wouldn't just give anyone my wallet and say, take whatever you need with them. we can give them money, but responsibility would be different on different still. amsterdam's florists have their own problems. the 2nd wave of the pandemic is underway in europe, and millions of tulips are in danger of landing on the trash heap again. and finally, italy is one of the top countries for high fashion, and that's not letting a pandemic spoil all the fun. this workshop and bria is making luxurious
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facemasks losing linen and gold thread. on 200 year old looms, official coverings can cost 2000 euros each a must have accessory. the fashion victim wants to look good during i suppose that's all the time we have for today. if you want more, check out our website at the business for social media. i'm chris colburn. bowling thanks for watching. have yourself a successful car
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next, w. w. crime fighters are back africa's most successful radio drama series continues. olympus odes are available online. and of course, you can share and discuss on w. africa's facebook page and other social media platforms, crime fighters, tune in. no. what do you always carry with you? your smartphone keys and some cash or keys, smart phone and credit card? germans are increasingly split on this one with cash was long came here, but more and more people are switching to credit and debit cards in part due to the coronavirus crisis. contactless. oh yeah.
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