tv Business - News Deutsche Welle March 23, 2021 7:15am-7:31am CET
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in jerusalem. you're watching g.w. news just a quick reminder of our top story this hour german chancellor angela merkel says germany is in a new pandemic as the country grapples with an exponential rise in coronavirus cases leaders have agreed to extend the country's lockdown until mid april with shops restaurants and bars to remain closed and a strict 5 day shutdown will be enforced over the easter holiday. you're watching t.w. news i'm terry martin thanks for being with us for. this. more than a 1000 years ago europe witnesses a huge construction boom. christianity from established
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itself. both religious and secular leaders or an eager to display their power. to trace speaking. clearly tallest biggest and the most beautiful structures this is how massive churches are created. consciousness this is the drills starts april 12th on d. w. . the new round of restrictions after germany fails to prevent a 3rd wave of the pandemic german leaders agree a circuit breaking hard to lock down over easter. but german cities dependent on domestic holidaymakers over easter may need to find other answers. and can
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america be electrified electric car makers are. race after opportunity of data government push for green infrastructure. this is the w. business i'm joined now the one in berlin happy you can join us german leaders have agreed to extend a national lockdown until april 18th a strict 5 day shutdown will apply over easter only grocery stores are open and only for a single day let's listen to what chancellor angela merkel had to say well that's a if. and that's why the 1st and 3rd of april will be designated one off quiet days with extensive contact restrictions as well as a ban on gatherings between the 1st and 5th of april. during this time there will also be a ban on public gatherings outside dining that has reopened will be closed again during these 5 days and only strictly food shops will be allowed to open on
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saturday we also use the. insulin in the movie. now these new measures are coming for germans already weary of lockdowns but it's been the rules around travel that have been a particular point of contention and still allowed but airlines have to test passengers before returning to germany and hotels aren't open within the country it's an uphill battle for german cities dependent on the hospitality sector. beneath the mask she's smiling this is her ticket to something like normality in tubingen anyone who gets a negative result from one of the city's 8 test centers gets a pass and they bring them to go into shops visit cafes and more. above all i'm just happy to be able to have a coffee outdoors again mobile virus if there ever been if i know i'm negative myself above all everyone else is negative then that's a big step towards
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a better quality of life. the scheme into being in has led to seems that other parts of germany can currently only dream of the hospitality sector and the tourism industry continued to be ravaged by the coronavirus restrictions that have been in place for many months in the very unlike many other states overnight stays by tourists or band is a blanket approach that some business owners would like to see and. i'm sorry for the hoteliers but when you've got room after room next to each other it's just a bit different to being in a caravan you've got your 100 square meters sitting out in the open it doesn't get any better than that. and the anger isn't limited to empty campsites in bavaria representatives of the tourist sector across germany gathered in berlin as chancellor angela merkel met with state leaders to discuss where the restriction should go from here. 20 of our hotels are currently open
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with occupancy rates that are just enough to cover the staff and the fixed cost somehow this can't go on forever we need clear announcements and clear guidelines from politicians. and. other guidelines on the political germans are growing increasingly impatient with a lockdown that seems to have failed to prevent the onset of a 3rd wave of coronavirus cases and with easter approaching germany's tourism hotspots need things to improve and fast. so it to reiterate lockdown measures until later in the april where the hard lock down over the easter holidays travel still allowed with airlines needing to test passengers before they return to germany now for more on these developments i am joined by mike. colleague in the studio to talk about timbaland now which found the words stricter lock down no one likes to read those in a headline but especially out business is how we heard any response from them at all well businesses were already criticizing the plans we knew that deal locked in
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was going to be extended until april 18th by early evening of course they were told still ongoing at the time but business leaders of course were still you know common saying on those plans and a lot of them where criticizing the lack of differentiation between areas in germany where those a low incidence rate and areas where there's a very high incidence rates and a lot of business people feel or you know retailers as well feel that they have needs to be different rules for different areas so having a strict a lockdown for every part of germany according to them is unfair what they need to see is more hygiene measures and you know tracing better tracing and of course more vaccinations is what they are calling for and not more of a lockdown which of course is something probably germans don't want to see more of either well so business is calling for a more targeted approach but especially travel during the easter season was a key sticking point during the talks now here's what german chancellor angela
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merkel had to say about that let's return to her. we advise against traveling abroad travel to risk areas will require a quarantine this is even stricter for virus variant areas. we do not consider travel as a whole to be beneficial at the moment to say the least. although on the floor of the. americal they're advising against all travel abroad returning to my colleague ship on the chin belew where does that leave the domestic hospitality sector then well the domestic hospitality sector obviously is shot as well they cannot get any guests and there is some of that was one of the like points that business leader. we're criticizing the fact that people can you know fly out to majorca stay in a hotel in majorca and yet they can do that in germany and this is of course the whole sense of a differentiated approach you know for you know whole day homes in say in
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mecklenburg where the incidence rate is fairly roland low in most areas that was one place where that would be something that would work or even in. the has a fairly low incidence rate and this is something that really criticize because of course easter is a huge holiday period is a huge time of the year to make up the revenue that they lost also over christmas because of course there was no travel allowed during that time period as well so that is something that they feel very strongly about that they need to see more support from the government and of course a better response in terms of different. i mean it is kind of strange that i could get a hotel in bavaria that i cannot get a hotel invariant within germany but that i would be allowed to go to stay in and have a holiday there but you know there's no underscoring that this is an important situation we're in chancellor merkel has called this 3rd wave or the virus imitation is basically a new pandemic that's negated earlier victories this is made
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a slower economic recovery all around are we telegraphing that now well in terms of forecasting we don't know exactly how much of this the current restrictions may affect the economy by but we do know that the finance minister all of shoulders has plans to extend government bore way for this year his announcing on wednesday according to reports an additional $60500000000.00 euros and for 2022 it's supposed to be an additional 81.580.5 for get my figures right was around $80000000000.00 euros anyway and so that's a huge amount over easily and we know germans don't like government borrowing which is why they have a constitutional break on it obviously this is a time that is unprecedented and they expect the economic fallout to be my. much bigger and this is why they are probably you know trying to cushion the blow by increasing the amount of government borrowing it's nothing like a crisis to focus minds thank you to ponder talking about germany's latest round of
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coronavirus restrictions an ounce this morning thanks here in cites. now to some of the other global business stories making news. swedish auto giant volvo's says it is being forced to halt its truck production due to a global shortage of semiconductors the company will implement stop days in the 2nd quarter a shortage of chips has been affecting carmakers around the world for months. u.s. federal reserve chair drone powell says the country's recovery from the pandemic looks to be strengthening and that the central bank would continue to aid those hurt by the downturn the fed chief expects current policies like 0 interest rates to stay in place short point particularly meanwhile tensions between the european union and britain continue to escalate over access to astra zeneca vaccine for more let's bring in chelsea delaney and frankfurt chelsea the e.u. is doubling down on threats to block vaccine exports to the u.k. give us the back story. well at the heart of this is that the e.u.
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feels it's being shortchanged by astra zeneca you had placed really big orders with astra zeneca for its corona virus vaccine and astra zeneca has very much fallen behind on those deliveries to the tune of about 170000000 doses by the middle of this year and so this is been a big problem in terms of the vaccination campaign which has been going very slowly in the u.k. it's been a different story about how adults in the u.k. have been have gotten a 1st dose so far so the e.u. is saying it's not fair that doses astra zeneca doses that are being made here in europe at a facility specifically in the netherlands should be going to the u.k. when their vaccine campaign is going so much better than ours so this is why we've seen the e.u. proposed potentially banning exports to the u.k. chose to do neither and frankfurt 1st talking about leading tensions between the
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european union and britain over astra zeneca vaccine thank you very much. in the u.s. the biden and ministration has pledged to invest or around 2 trillion dollars into infrastructure projects and into the electrification of america one of the world's largest vehicle manufacturers wants to get a big into america's future immobility market and your fox electrified america financed $2000000000.00 a v.w. specialty for the diesel scan and the united states. stephens evens for parts. welcome to the shiny high gloss future of transport driving yourself from any to being. in a so-called 0 emissions vehicle or. i am. president and c.e.o. of electrified america and i. never tires of telling americans that the future is already here headquartered just
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a few dozen kilometers outside of washington d.c. i like you for your marriage. $2000000000.00 investment over 10 years in the future of transport. were the very beginning of what i think will be a huge transformation in the u.s. with our mobility. myers echoes what many experts say 0 emission vehicles are becoming more and more popular tesla market leader with around $500000.00 cars sold last year now his series rivals ford g.m. and of the u.s. comedy cures are giving chase we haven't seen a lot of advertising marketing yet from our major automotive manufacturers i think that's going to change making email below the mainstream and commercializing it as soon as possible this is where the germans want to come in with a double whammy firstly. is now seen as a if not the top competitor to tesla experts think v.w.
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will quickly be able to produce high quality electrical vehicles from him. american market and on a global scale but. the 1st and furrow minder of the top story we're following for you. a new round of restrictions after germany fails for event a 3rd wave of the pandemic german leaders agree a circuit breaking hard lock down over eastern. migrant workers europe's main packing industry. thousands of romanians come to germany to earn a decent living. and on the romanian job market the gap is filled by asian person via social dumping. it's
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a spiral of desperation. close up. next on. the bus. pass in a drama competition wyvil marketing numbers atmosphere color fights at sight intuition love hate money millionaire fans friends find us fans and fans all to go off on you tube join us. several german meat packing plants with other coronavirus thousands of workers were . my memo never go back to germany it was the worst experience i've ever had a spotter again a myth.
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