tv Kulturzeit Deutsche Welle March 4, 2021 11:30am-12:01pm CET
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there's a lot that can be done to. make up your mind. and almost 7000000000 euro loss for lou tons in 2020 it's a record flood for germany's flagship carrier and all thanks to the pandemic so what does move tons of need to bounce back in 2020 want to talk to our correspondent in frankfurt. also on the show europe's top football clubs are sweating their finances of a pandemic and changing viewer happens smaller clubs are just trying to hang on
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we'll look at the financial struggles across the football world. and london doesn't quite look like london deep in the pandemic in 2 months out of the e.u. the city's changing fast could be an opportunity for reinvention. of welcome to the show m c beardsley in berlin it's good to have you with us 6700000000 euros that's the whopping one year loss recorded by german flyer tons and 2020 year marks by an extraordinary pandemic that grounded travelers almost overnight a jaw dropping figure but one more or less expected by investors the question now is where things go from here. sun sand sea lift answered chairman and c.e.o. kirsten shore is optimistic that tourists travel will get underway again this summer but recovery is likely to be moderate lufthansa expects to operate at 50 percent capacity this year compared to prepare endemic days 2020 was disastrous
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year for the airline its total losses hit $6700000000.00 euros passenger numbers dropped by 75 percent and $28000.00 employees lost their jobs the only ray of light is the company's freight business prices in the sector have risen sharply granting look tons of cargo profits of 770000000 euros but there's still a long road of recovery ahead the company continues to lose around 1000000 euros every 2 hours it's planning to cut a further 10000 jobs and reduce its fleet long term now that many meetings have shifted online there are doubts whether look tensors key business travel section will return to its former strength but there's little danger of germany's premium airline going bust it's simply too strategically significant for the country the german government has already provided
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a $9000000000.00 euros lifeline and is now looked tense as knowledge of individuals stakeholder. more about what's to come for the tons or for that i'm joined by our financial correspondent in frankfurt chelsea delaney hi chelsea vaccinations have begun the warmer months are ahead at least in europe surely 2021 is more promising than 2020 was full of tonga. well tons is definitely hopeful that they will see at least some sort of recovery and 2021 the question is really how much for coverage they can bet on right now over the past couple of months we've heard a lot of optimism from baton fed from other aviation industry officials that we will start to see people flying again and that in the months ahead but a lot of that was dependent on the speed of the vaccine rollout here in europe it is going quite slowly so hopes that we would see passenger numbers really recover
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to 607080 percent of their pre-crime virus levels in the summer now look a little bit overdone a little bit too optimistic so that will pose long term challenges that already they're only saying that they expect a recovery by a full recovery by 2024 that could be extended if these. virus mutations can and slow rollout continue to delay the chills you touched on this just a little bit but we talk about recovery are we looking at this pen dimmick as something that will be recovered from in a matter of years or could this prompt a more fundamental shift in the way people travel that would affect tons of. the further distance we've heard so far from the aviation industry is that they do expect a recovery they expect at some point in the next several years that the house and your levels will really recover to pre-credit virus levels but it will leave a lasting scars on these companies even for looked so they've lost tens of
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thousands of jobs to and thousands of planes so it will have lasting consequences all right charles lane in frankfurt thank you very much. let's look now at some of the other global business stories making headlines. siemens energy will join the german blue chip index dax later this month the company a 2020 spin off from industrial giant siemens combines oil and gas technology with renewable energies like on an offshore wind parks in the dax that were placed consumer goods firm buyers or. the south korean economy shrank for the 1st time in 22 years as the krona virus pandemic destroyed service service and industry jobs and depressed consumer spending in 2020 things would have been even worse if not for the country's technology exports as demand for personal computers and servers rose. over to the world of sports now the european court of justice has reaffirmed an e.u. commission ruling that football club barcelona unfairly benefited from spain's tax
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system the commission had ruled that major spanish clubs were wrongly classified as nonprofit organizations rather than as businesses for tax purposes a move the e.u. said amounted to state 8 barcelona successfully appealed that decision in 2019 saying there was no evidence it had benefited from the tax system but that appeal has now been overturned by europe's highest court. joining me to talk about this a bit more is arthur sullivan from business low arthur a lot of us probably haven't been following this case shed some light on today's ruling. you know that's right stephen so this case hasn't really captured the public interest at any point and one of the reasons i would say for that is because of the numbers the amount of money that's involved it's we're used to professional football figures being in the hundreds of millions in the billions this case relates to much smaller amounts in the 10s of millions but if you look into the detail of the case it is quite interesting so it dates back to 2016 and the spanish government was found by the commission to have been illegally benefited certain of
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spain's top football clubs in the form of tax breaks so they had been essentially treated as nonprofit organizations clubs like real madrid barcelona valencia some of the the country's top clubs which meant because they've been treated like this should have been taxed as limited companies so that they saved quite a lot of money in taxes that have been around for 20 years now you might think that there would be a lot more money involved with the housing boom but it does give us an illustration of some of the sort of sweetheart deals that can be done and have football clubs are not always necessarily treated as all their business entities which would generate similar levels of revenues due and this ruling today reaffirms that original commission decision club finance is incredibly important in the in the world of soccer. more precarious in the pandemic is it fair to say that's absolutely fair to say so in some respects this case is a throwback to a much happier for clubs like barcelona and other of europeans european superpower shows where they couldn't look at figures like this and not care about
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a very much the pandemic is completely open ended professional football for one a very obvious reason we look at the fact that there's no there hasn't been crowds of games for over a year which is dramatically hit much their revenue and then there's also t.v. rights implications so if we take a look at a little graphic that we've prepared we can have a look at just how much that has it has affected some of the top european clubs so these are the 5 champion clubs from europe's top 5 leagues and we can see how their revenues fell last season so in the case of clubs like real madrid liverpool and byron munich the german spanish and english champions the falls has been read of the fault of been relatively small because they've been able to generate huge commercial income was the pandemic has been ongoing but then we see what leagues like the french league cars and your mom. in the portuguese league with f.c. porto they haven't had the same capacity to generate their commercial income and also crucially their t.v. rights have become less lucrative because of the pandemic because of matches being canceled and so on so forth so it's like a perfect storm a double whammy has hit the income of clubs book as well as we as we saw it some of the very top clubs are quite insulated from it. still major club what about the
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many smaller clubs in the professional leagues briefly if you can sure that's right well i mean the thing is it makes sense to think of it like this smaller clubs are more aligned in much to income and that applies pretty much outside the absolutely they're much more reliant on having people at their ground or notches so as a result there's a bit of a perfect storm building for those closed because unless they can turn things around quickly in terms of getting crowds back into stadiums it feels like a lot more those clubs than we've previously seen could be could be forced into bankruptcy or worse right or if you sold them with the business looking at the purse strings behind the pitch thank you very much. well doesn't quite look like itself these days london's financial center the city as it's often called has faced a double whammy in recent months the pandemic has pushed its workers into home office meanwhile bragg's it which completed its final chapter in january friends to knock off london's crown as europe's financial hub but is the outlook really that bleak for one of the world's biggest market centers our correspondent there get
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mosse since this report. rush hour on london's grapes nominee it's back a half a 1000000 people flock to london each day but just an accurate steward doesn't have to squeeze his way through the crowds today the investment manager is a veteran of the financial services industry. it does seem like with everybody gone there you never see the city like this even on a sunday would have the tourists something bad like this something dreadful. this is where the finance manager used to enjoy a pint of beer but there hasn't been this so in months it's got to be one of my favorite places and i think. you can bet nick and rex and it has hit the city hot new has been restricting access to its markets making it difficult for london transport firms to offer their services on the continent but represent also office number of opportunities the e.u.
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has not shown itself very good at be able to change quickly and adjust and adapt because it runs may very much like london now has the opportunity of being able to move much false to be swift on its feet. this city has to really define itself. the u.k. government wants to shore up the city's global appeal and make london more attractive than its e.u. counterparts one example it is reviewing the rules governing public listings in order to lure more companies to float in the u.k. on the london stock exchange. becky it's due it believes that it's important to ensure quality standards are maintained. in the bakken sphere the london suburb economist simon french works at his kitchen table instead of the city he too wants against too much deregulation but sees opportunities for instance and setting new and high standards in climate finance the reality of course is your course be
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part of that all the european union center is want to be part of that asia will want to be part of that it will be a competitive battle i think iran is one of the houses existing infrastructure in terms of the scale of its capital markets enables that to be done a probably lower transaction cost than some of the more up and coming economic ups . climate finance and fin tech london club score points here with new ideas and even the much stronger from the crisis it will come back it will be busy will be drinking here on a friday afternoon again i hope but there would be such a queue at the bar. getting to the coronavirus pandemic and. it's time for london the set. and the reminder of our top story this hour german carrier live tonsil house reported a record last 6700000000 euros for 2020 as
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a coping 1000 pandemic lead to travel restrictions and vast numbers of flights being canceled during the crisis the airline is propped up with a 9000000000 euro cash injection by several european governments. and that's it for me and indeed of your business team here of late as always you can find out more about these stories online dot com slash business tax watch. the fight against the corona virus pandemic. has the rate of infection been developing what does the latest research say. information and context the coronavirus update nineteen's. on t w. a i call meal and i'm game did you know that
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17 trillion land on the most killed worldwide so that we can include but it's not just the animals at all suffering it's the environment we won on a journey to find ways out of the nutrition if you want to know how awake lift the priest and the whole trust changed as an entity to listen to our podcast on the clean hands. to stay safe against the coronavirus experts are telling us to stay at home but some people being locked away with a violent partner family member could be even more dangerous. domestic violence some experts are calling it the shadow pandemic. here in argentina there's been a one 3rd increase infanticide the murders of women by their partners this mother
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is burying her teenage daughter who was killed by a former boyfriend. demonstrations and protests against domestic violence have increased but so has this often invisible problem. with lockdowns and stay at home orders dipping into peeking around the globe how can victims trapped at home with their abusers get help. welcome to a covert $900.00 special i want to get jones in berlin and today we focus on the social implications of the coronavirus pandemic starting with a look to russia. valentino constantine over hasn't let russia's locked down stop her she's used the time to redecorate her moscow hotel and because the pandemic has kept guests away she's decided to shelter domestic violence survivor as a crisis center now sends women who have nowhere to go to her hotel because women
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shelters have gone into quarantine and the longer. i have quite a few friends or acquaintances have experienced domestic violence in the teacher's scheme so i wanted to help. but i couldn't always help my friends back then sometimes they could sometimes not. it's. just one but now i can help others. valentino's hotel is right in the middle of it is my live ski market which normally draws tourists but it's typical russian look usually these stands would be full of souvenirs and bric a brac in this market would be bustling with people but during lockdown it's become a quiet place to escape. hotel sky which translates as fairy tale has become a saving grace and one of the domestic abuse survivors staying here is a singer in that area xtina came here about
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a month ago. it wasn't the 1st time my husband hit me even before the quarantine when you love someone you forgive them all but the 4th or the 5th time it's just impossible to bear. it to you as much and something clicks in your head. it made me just get up and leave because i simply couldn't stand it anymore. so usually knew was most interesting. domestic violence is not a criminal offense in russia there are no official statistics and what goes on behind closed doors is often considered a family matter but since the lockdown began women's advocacy organizations have reported a significant rise in domestic abuse. but disturbing that he's been to other countries there are mechanisms in place to fight domestic violence restraining orders strict legislation and law enforcement agencies that are taught how to deal
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with these situations unfortunately russia doesn't have that that's why more cases here and in murder and more women stay in abusive relationships because they don't have the tools to get out of them. valentino constantine over plans to keep posting domestic abuse survivors even after the lockdown ends. her hotel is giving women like you netter the strength to start over. who. but. when it is done. nothing more i'm joined now by our saying assistant professor of psychology and. hindu university in the indian state of pradesh good to have you with us now professor singh we've just seen this report from russia where domestic violence is not a specific criminal offense what's the situation in india. in india or the mystical islands there are no voters really here and there's the
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core of the earth so no one from the rest of arlen specter which was barred very very. hard very. well for the protection of the rights of women from all kinds of whiners that happen within the family oh yes we have this if you like and in here ok so the the lol exists and of course we've heard that around the globe throughout this pandemic cases of domestic violence have risen i wonder do people turn violent because of lock down or are they violent to start off with and lock down just makes matters worse. yeah you like money guy actually anyway i lose 2 of them at least 3 classes of factors that are responsible so fast at least police know factors. predisposed to. being
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involved in an actor who islands so like that so if i act out of the mindset dominance of men about how many national psyche and field by the german on women it's considered subordinate to men have basically what they want at least but he's not that much work in this town had brought us it's going to be factors and the main thing is to. be due to the lockdown and pulled out in the people who are basically goaded into this act of violence and then you never leave the of woman to seek help to go out into a white and spew such a situation and walk as men do inspect so yes people lived in that environment to do that and british police know that regensburg this large dog initiated the depths of whiteness and. in mindedness so the to violence also right so it also is obviously a question of character
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a question of culture as you mentioned apache axe society but obviously i mean you're all pretty much in the same situation during this walk down what is it that pushes people over the edge and makes some violent and others not. yeah basically it was definitely. what happened during this long don't that in countries don't think countries like india and many people are basically there my they're from their home to other state and other parts of the country to their livelihood due to the love don't they return home and when they return home they were. very anxious they were jobless they were economically integrated unstable situation and this gave rise to a lot also fear and anxiety and. a future concern for them what happened when these mandate under that home and to the last on man and woman
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either became isolated and then about only one day apart men do or they leave their anger was on woman so what we call it our defense mechanism karta displacement it acted very seriously part woman when nothing was under control of a man the only lead or think of controlling woman who was living with them inside the family so this might listen was one of the causes that sergeant was basically that engaged the end of. rich people could not control and they were not ready to give it the coping mechanisms to deal with subject response rather will be start from the society from their social. so horses down and they basically don't want to let off what they're going to do for them that in night to come and officer david. professor saying yes because he's i mean this is it's an awful situation and if you a short on set piece is there
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a way out of the situation. yes definitely definitely we need to work holistically no individual the one hand and nongovernmental organization and academicians must come together do it we need to develop our source also horses don't basically have an education system and. training systems will incorporate. equality whenever we are not in front of women empowerment and we must also try to think about eating and training men to mr coleman search not only that it was sort of each woman to be empowered and that we should also teach men to be more inclusive and to be more equal in. getting to there and also need to yes right now i mean perfect but sides need to. thank you so much professor singh from banaras in the university in india thank you so much for your time. now from the psychological side effects of lock down to the physical ones of vaccines time for
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derek to answer your questions. what systems exist in the e.u. for the ongoing monitoring and vaccine side effects. the central authority responsible for recommending and of monitoring back seems in the european union is the european medicines agency or e.a. and aid which was set out to harmonize these kinds of activities in the block the vaccines greenlighted so far in a conditional market approval in the e.u. are now in what's often called phase 4 when a vaccine is rolled out to the public on a wide scale but even after that happens a clinical trials continue and the vaccines are monitored closely for years the monitoring tracks long term effectiveness of course but it's also set up to
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identify any adverse reactions or other potential dangers that were mis in earlier large scale trials so so what's whole a pharmacovigilance system isn't plays it's pretty complex but also pretty tightly networked and the agency says it helps and he reports from patients and from health care professionals to be analyzed extensively a lot of people distrust and from asian issued directly by pharmaceutical companies when it comes to how safe and effective they say their products are to assuage that distrust and help promote transparency the e m a set up its own network and management system for for tracking suspected side effects of of not just vaccines but of any medication approved in the e.u. the your. paean databases told you drug vigilance and it you can read any reports
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of suspected adverse vaccine affects on a on a country by country basis and it's updated every week so if you're interested and want to see what's being reported firsthand i urge you to take a look it's really informative and it's easy to use. now if you want to get vaccinated and you're in rwanda the 1st doses of the prize a covert 1000 shots are coming your way under the global kovacs a vaccine sharing scheme that's it's thanks for watching.
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controls the country. some goods from her. 30 minute spondee don't get. into the conflict zone john sebastian. the world health organization is on the phone from doubloons in seoul exists so lou showing the joy in the phone dammit. my guess is if you go to maybe the european regional director of the times clearly the most usual who knows asia is the guy to stand up to the choice leads to. conflict of. 90 minutes on d w. oh boy. cutting through the noise. floor i come from people are known for being tough but fair new york and la and people tell it like it it was going to take all of the concrete
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jungle the melting pot of the city that never sleeps it's this energy that makes it feel like old but amid the hustle it's important to listen and pay attention because it's not just the loudest voices who need to be heard we all have a story of how to move i see it as my job as a journalist to go beyond the obvious now i'm basing your odds my work takes me around the world might get things for me in the state to tell the important stories behind the headlines what is the heart of the story why does it matter who lived in paris madiba stay focused if you want us to cut through the noise to get to the truth behind the sarah tele and i want to double. take you to get out of the good.
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mood. this is the news live from berlin no end yet said germany's coronavirus shocked chancellor angela merkel says will be extended for another 3 weeks but bowing to increasing pressure she also announced the steps toward a gradual. and also coming up hundreds of people attend funerals across myanmar after the bloodiest day since the military coup began protesters are undeterred and
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