much of your business stick around she will be right back with the sport. and. every day counts for us and for our planet.

is on its way to bring conservation. to make see the screen. how can we protect our attempts. to make the difference. mind to the environmental series of movies from the sounds of. president joe biden's lab $1.00 trillion dollars stimulus plan clears the house paving the way towards a historic intervention from the american government. and should call this vaccine patent spacecraft for now members of the world trade organization disagree among each other with poor countries pitted against rich ones. this is the w. business i'm joined now the one in berlin so happy you can join. president joe

biden's $1.00 trillion dollars economic relief package has passed congress delivering the president's 1st legislative victory the house approved the sweeping along party lines sending it to the white house to be signed into law the bill will give financial aid to millions of families and businesses struggling under the pandemic but republicans have criticized the measures for being too expensive saying they inflate the national debt and funnel money to unrelated projects. our financial correspondent joins us from new york various now yes certainly for quite a few people this relief bill carries high hopes with it when will americans start to feel the benefits. well pretty soon and 3 times a charm we already got the 1st aid pickets last spring in the amount of around to 2 trillion dollars followed by the 2nd package passed in december another

900000000000 dollars and now we get an additional $1.00 trillion one of the bigot's pieces of the pickets are actually $1400.01 time checks for americans making less than $75000.00 a year and the hope is that this money will be spent so get consumption going in the country and was that support economic growth they are estimates that this package actually could at about one percent for growth for gross domestic product just was in this year's he also had been some criticism let's say you and your partner you both make $75000.00 a year that gives you a household income of $150000.00 and still each of you would qualify for those $1400.01 time checks and clearly all of that is going to increase the debt load to a mess of fully in the united states but nobody really wants to think about the debt at this point by the way joe biden probably will sign the pickets on friday

and then on thursday joe biden will speak again and probably announce his build back better plan meaning another stimulus program probably focused for instance on infrastructure so a lot of stuff is happening at the moment but for a lot of american families who are still in pain and millions of americans who are unemployed they can expect to receive for this money soon and one final word on wall street as i'm standing in front of the new york stock exchange also times as a charm for 3rd time this week we try to serve pos 32000 points in that all johnson dust leverage also when trading close then finally we reached that milestone so a new record on wall street around all those news that we got about this money flooding the streets. yeah there with some quick math for us thank you very much

now to some of the other global business stories making news aircraft manufacturer boeing is poised to begin paying out a 500000000 dollars victim compensation fund to the families of those killed in 2 air crashes 346 passengers died in lyon air flight 610 and ethiopian airlines flight 30 to both operated with boeing 737 max aircraft. apple is to invest over a 1000000000 euros in germany's southern state of bavaria over the next 3 years the company plans to expand its music research and development base to become a major center for chip design. the chief of the world trade organization. has demanded a boost to covert 90 in vaccine production in developing countries she said and i quote the fact is that each additional day the vaccine shortage continues people will pay with their lives but the question is how to increase production poor

countries say waving vaccine patents would enable more local manufacturing on the other hand richer countries argue that innovation has to be protected it was a matter of debate at the w t o today but a resolution may take a while yet. some 20000000 people in britain have already received at least one vaccine dose in fact the government is hoping to have offered everyone over 18 a jab by the end of july it's an important milestone one that for many other countries in the world still seems a long way off. and it's regrettable that some countries continue to prioritize vaccinating younger healthier i don't outlaw risk of disease in their own populations. health workers and older people elsewhere. at the current rate the e.u. u.s. israel u.a.e.

and taiwan will have received enough vaccines to cover their entire population by the end of this year in other parts of the world especially in the southern hemisphere people can expect to wait another 2 years. in south africa and india fears of new virus variants have made the vaccination rollout all the more urgent that 2 countries have both appeal to the world health organization to remove patents on vaccines until the pandemic is over. they argue that countries including cuba senegal south africa thailand and india may not have the money for expensive patents but they do have production capacity enabling them to create their own of brand versions. once a high flyer in germany's finance in payment service provider wire card saw a spectacular fall from grace after serious fraud allegations and eventually filed for insolvency after admitting that close to 2000000000 euros were missing from its

accounts that was back in june but the fallout continues today a parliamentary committee investigating the wire card scandal presented its findings. to the outside world it was a successful dacs group but in reality it was riddled with fraud behind a clean facade criminals were allegedly at work. former c.e.o. marcus brown is currently in custody asia board member yanmar select is a fugitive in estimated 20000000000 euros in stock market value was destroyed by this alleged fraud all under the watch of the state financial supervisory authority a parliamentary inquiry committee has been investigating how this happened today there was an interim report. as well our most important finding is that multiple state agencies failed to do their job properly while there were individuals that

had warned those agencies so there was a kind of collective attitudes to close close allies wire card was once an electronics payment services provider and a golden child of germany's innovation economy but it turns out the balance sheet showed a 1900000000 euro hole sense then public prosecutors began investigating the company on commercial fraud and document falsified cation charges there had been rumors for years media outlets repeatedly reported in consistencies but each year the why auditing firm gave wire card a seal of approval the german financial regulator fin didn't investigate the allegations either quite the opposite journalist who reported on fraudulent dealings at wire card came under pressure further pain and embarrassment could still be on the way in april finance minister all off schultz and chancellor angela merkel are set to appear before an investigative committee both had previously

championed wire card despite emerging concerns the recent cyber attack on microsoft's email servers is putting pressure on the u.s. government the 2nd major hack in a matter of months has led to calls for the u.s. to retaliate or boost protections for cyber space the full impact of the latest attack blamed on china is yet to become clear. it's relentless the number of cyber attacks being carried out around the world takes up by the 2nd for those charged with finding them and shutting them down he's a busy times we have about $550.00 folks on the ground responding to breaches right now and i'm not sure because it's ever been worse for the amount of work that we have the recent cyber attack on microsoft's exchange servers is believed to have affected upwards of 30000 organizations in the u.s. including businesses and governments they've been left vulnerable to data breaches

through so-called back door was created during the hack a trademark analysts say the chinese hackers they put this secret door in every single house in the neighborhood kind of thing and that's what they did here the back door that they put in place is exceptionally consistent with the chinese threat actors this latest attack from overseas follows last year's massive solar winds hak blamed on russia back then joe biden called for action we can't let this go on answered that means making clear and publicly who is responsible for the attack in taking meaningful steps to hold them accountable. now that he's president it's his chance to act the question is how insider if you really assess the domain the united states is actually not rude winning right now my pit if we hack back it's like being in the glass house rocks at. the side of fire with all the main

right now to exert force it may be aid to me to do some force but i will figure about diplomacy alliances economics the work carried out by online security firms shows the threat posed by cyber espionage is only increasing nations like the us a still working out how to defend their economies and themselves in a heck of a dominated willed. and finally danish toy company lego has had a blockbuster year in 2020 reporting the company's a fast the sales growth in 5 years and a strong rise in net profit families and pandemic locked down bought lego sets they could build together and new products like the super mario set which blends a physical bricks with online games the plastic block company's net profit was a little over one and a half $1000000000.00 lego plans to recruit hundreds of computer experts to expand

its digital games offerings. that's changed since i was a kid thanks for watching. black snow in southern side. for environmental activists it's further proof of the consequences of air pollution. they're demanding relocation in danger. from any tree that's responsible is more major source of reliable come. with. 60 minutes. so many push. ups right now on the right no

climb a tree different coffee store. basis much less food went on just one week. how much work can really do that. we still have time to a. subset. of subscribers like this. mom. people have to say matters to us. that's why we listen to the stories reporter every weekend on t.w. . in the army of climate change. caused me to sit. up some stood

up. what do they have the future of. g.w. dot com the comic strip the making of. click culture. this is news africa coming up on the program a brutal weapon of war rape survivors and if the o.p.'s conflict region seek help after the ordeal so. i was left inside in my home i was the only time they were people not the mothers resolder me. i'm told me all.