vaccine france and germany are among the e.u. countries that will keep using it. what we call the risk benefit ratio which are the benefits from the vaccination as at this stage judged to be higher than the risks and of course investigations into that are in progress in france and other countries. intensive research will now be carried out and only time will tell whether the health authorities in denmark norway and iceland were justified in making their difficult decision. and let that you're up to date on date of the news i'm sorry kelly thanks for watching. i'm secure in that of my work. and in the end it's a me you're not allowed to stay here any more we wasn't that. are you familiar with this. with the smugglers what alliances. what's your story.

'd and what numbers of women especially in victims of violence. take part and send us your story we are trying in all ways to understand this new culture. another visitor nothing yet you want to become sitting. in for migrants your platform for reliable information. spending your way out of the pandemic u.s. president joe biden has signed his $1.00 trillion dollar relief package into law the experts are warning throwing money at their battered economies could lead countries into the debt trap also coming up covert vaccine makers in the spotlight as esther's an account again reduces the amount of coronavirus vaccine of plans to

deliver to the european union and living well in minimal surroundings will show you what it's like inhabiting a tiny house. i'm older and roland welcome to the program. has worked with us lation. is with rebuild the backbone of this country and given people the solution working people middle class folks the people who built the country a fighting chance. with the essence of. us president joe biden speaking there in the oval office historic legislation the president calls it as he signed the long awaited rescue package for pandemic americans into law and one thing is certainly historic the bottom line after a large amount of argument in congress the final figure is $1.00 trillion dollars that is the biggest stimulus package of all time if you go towards everything from

child care support to business relief to coronavirus vaccinations but republicans and others are concerned about the size of the package with u.s. national debt currently at around $28.00 trillion dollars and rising by the end of the year it is expected to exceed the size of the u.s. economy and having a national debt that's bigger than your g.d.p. is something that many european countries already except italy's debt size is a 154 percent the size of its economy france is. also bigger germany is at 70 percent of its g.d.p. but even that is above the 60 percent maximum expected of e.u. member countries. not one of those warning of rising debt levels is claimants foose tease the president of the for institute one of germany's most renowned economic research institutions and he joins me now as usual wacom to the program plan and what exactly are you so concerned about here. good morning yes

i think it's justified to try and stimulate the economy but we shouldn't forget in the pandemic pot of households u.s. households have a save quite a lot and they will spend this money while the once the pandemic is over at the same time low income oswald's head do have problems so i think it's justified to support low income households in the us this could have been done. on the basis of a lower level of overall debt or on the basis of a lower level of overall deficit so as we move up the income ladder households need us apart we shouldn't forget this is 8.5 percent of u.s. g.d.p. . and that makes us debt levels rise significantly and this will lead to a situation where consolidation measures will be needed at some point so i think

there is a risk that this is too much now as we look at approach the problem here as a whole internationally do you see another debt crisis looming with countries trying to spend their way out of the pandemic. well i think it's maybe not because of trump countries or countries trying to spend their way out of the pandemic if we get a new network that prizes it may be triggered by higher interest rates because the us package will drive up interest rates and this will trigger capital outflow from imagine economies in particular they will have a hard time. of financing this at the same time most of them have flexible exchange rates so that makes it a little easier now the organization for economic cooperation and development was the latest institution to highlight the importance of fiscal support during this time of crisis the e.c.b. signaling so far they are not concerned about rising bond yields and an uptick in

inflation yes it differently than. well i think it would be healthy to have a bit more balance in this so a smaller stimulus in the u.s. and maybe a larger stimulus in the rest of the while it's true in europe overall we do have high debt levels at the same time i think in the concentration it will be justified to do more fiscally of course some countries as you said like italy already have very high debt levels. in that having lost interest in the crisis in other countries would be quite what we see at the moment is a very unbalanced package a lot of stimulus in the united states although the united states is already. quite far ahead in vaccines and will recover more quickly so i think we should have a bit more for instance in europe and a bit less in the us how long do you believe a countries have to grapple with the additional debt that they might have taken up

during this time of crisis. that will depend on fiscal policy and growth policies up to the crisis so all will dip it will depend on how quickly the countries are able to grow out of this but it's clear we will have elevated debt levels for a long time at least for a decade maybe more. kim is 1st president of the evil institute as usual thank you for your thoughts thank you and now to some of the other global business stories making the news the u.s. government has placed further restrictions on companies supplying flyway the biden and missed ration is making it harder for u.s. companies to provide equipment for 5 g. devices to the giant tech try and from china huawei had been added to a trade blacklist by the trump white house diamond sales plummeted over the last year due to the coronavirus and i think industry of our revenue fell 15 percent to

$64000000000.00 as consumers tighten their belts over the sales in china and the united states are showing some signs of rebounding. astra zeneca has further reduced the amount of coronavirus vaccines of plants to supply to the european union this quarter the british swedish company expects to deliver $30000000.00 doses a quarter less than the already reduced figure it promised last month it's a 3rd of the amount the originally signed up for and comes as another blow for the box vaccine rollout however closely follows news that europe's medicines regulator has approved the single shot johnson and johnson vaccine for use. that's got more in this form our financial correspondent chelsea delaney in frankfurt chelsea successful covert vaccinations are key for countries and economies to go back to normal now they has been heavy criticism of the pace of the

e.u. vaccine rollout is there any indication that will change soon. well there really isn't a lot of hope on the horizon for the e.u. vaccination effort the astra zeneca news is a major blow and astra zeneca is cutting not only their forecast for this 1st quarter but also they're expected to deliver about half of what they had pledged for the 2nd quarter as well so we will see a major shortfall of that crucial vaccine as well we've seen over the past 24 hours several countries stopping use of the astra zeneca vaccine including denmark romania and norway because of suspected death from blood clots after someone received the vaccine in denmark so that further complicates the vaccine and for the johnson and johnson shot this had been a big hope for the e.u. that that would allow them to really boost the supplies but johnson and johnson is saying that they aren't even sure when they'll be able to deliver the shots to the

e.u. the health minister here and germany is saying that they may get those starting in . to late april so we still will be facing a significant shortfall of vaccines for the foreseeable future and shows we would lose all of this mean for the economy of the block. well it's certainly going to delay the economic recovery here in europe yesterday we heard from the european central bank that they do you still expect the e.u. economy to grow by about 4 percent this year but every week the vaccination effort is delayed reduces g.d.p. by about 0.5 per cent so this is a major blow to the recovery hopes here chose to believe in frankfurt thank you now at a time when many people are complaining about rising prices for housing and a shrinking availability of affordable homes because of so-called tiny houses has

become more appealing the market for them is growing so we met up with a happy residents who feels that you don't have to live large in order to live well . anika father is a product designer and has built herself the house of her dreams. i live in a tiny heads i used to build movie sets which is quite different from when i left the film industry i travelled for a while everything i needed was in my backpack a tiny house is a lot like everything you need to fit into one room there are lots of places to store stuff away everything is multi-functional. she works for steph and dick man he started building tiny heads is 5 years ago and now he's on the biggest manufacturers in germany he builds 48 year none of them

larger than $25.00 square metres the starting price is 45000 euros for a house like this some customers want to live in there is full time others just for holidays either way you can't cram much stuff in here. for many people have come to appreciate minimalism downsizing living we know that because we see lots of people here who think that way living in a small space is just one aspect of minimalism more generally it's about reducing your c o 2 footprint so choosing to live in that heat 20 square metres wider than 60 could be part of that. so no further north. with housing in increasingly short supply the market for tiny has this is growing.

i think people have become more flexible nowadays if they're not so bang to stay in one place that's another reason for choosing a tiny has. plans to open a tiny house hotel once the pandemic is over. that pint size units are ready to go each one is different. and doesn't need to be convinced she's already a fan that's her tiny highness gives her everything she needs. except for wind solar now supplying the grass for the world cup pitch is a dream job for those in the sports and recreational turf industry but dutch company hendricks chaos has canceled their deal with the upcoming world cup in qatar following media reports of a 6000 deaths of migrant workers on construction sites according to newspaper the

guardian the workers are from countries like india pakistan nepal and sri lanka cars in the 2020 crop which triggered a construction boom of stadiums roads foretells and even and. that's our show for now for more hit our website at www dot com. thanks for watching have a successful. black snow in southern siberia. for environmental activists and it's further proof of the consequences of air pollution increase almost. there demanding the relocation of endangered residents. but for many the industry that's responsible is also

a major source of reliable income. next on d w. what secrets lie behind these walls. discover new adventures in 360 degree. and explore fascinating insights. you don't. world heritage $362.00 the backyard now. thank god. thank you. thank you thank you thank me thank you. thank you hello and welcome to focus on europe with me liz show germany is currently witnessing a record number of people quitting the catholic church one of the reasons is reports of children being sexually abused by clerics there is

a lot of outrage in the ark diocese of cologne which is one of the largest dioceses in germany for months.