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tv   Business - News  Deutsche Welle  March 26, 2021 7:15am-7:31am CET

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and the website that they gave me dot com and of course you can follow us on instagram and twitter handle you need is at the new stay tune standby for monica our math anyhow for now thanks for watching. i'm secure that my work that's hard and in the end this is a me your not a lot of the year and more we will send you back. are you familiar with this. with the smugglers were lions of. what's your story ready. i mean when i was a women especially a victims of violence. take part and send us your story your train
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orders to understand this new culture. for your another visit or another yet you want to become a citizen. in for migrants your platform for reliable information. could this be the turnaround for the global travel industry china's aviation sector is flying high again as widely watched f.a.'s there are recovering to preplan dennet levels also coming up healing does make good on a promise to different trade ties with turkey but also want to ankara to expect sanctions if it restarts controversial gas exploration in the eastern mediterranean . and crisis what crisis many startups thrive during. lockdown thanks to clever
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business ideas and generous investors. very welcome to do business on want to go jones of berlin good to have you with us and it looks like china is yet again a step ahead airfares there are recovering fast with ticket prices up 11 percent for trips booked for the labor day holiday in early may it's quite a turnaround considering last year china was the epicenter of the coronavirus pandemic with vast parts of the country in strict lockdown the chinese air travel market is the largest in the world followed by the united states where ticket prices are up from last summer but still 20 percent lower than before the pandemic kids in europe the summer travel season is threatened by a current 3rd wave of code 19 with many experts expecting record no ticket prices once airlines return to full service let's bring in chelsea delaney of the frankfurt stock exchange for war certainly european airlines they must be
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looking with envy to china and how will they deal with all how are they doing it. well china is managing this 1st and foremost by controlling the coronavirus china hasn't reported any new coronavirus local infection since early february and that's allowed them to really reopen these travel passages they have removed a lot of travel restrictions testing requirements so that's one reason why we are starting to see in particular domestic travel really pick i think and it's a similar situation in the u.s. where they haven't quite controlled the coronavirus but they are much farther ahead than europe in terms of vaccination so people who've been vaccinated are now starting to book holidays vacations particularly within the u.s. but these are travel recoveries that are mostly for now being driven by domestic travel things like long haul flights business travel aren't really we're covering
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in the same way so is there anything european for example or the travel site to learn for that is the u.s. and china in some way a blueprint full of the global travel. will for europe the key is of course getting the coronavirus situation under control and there had been hope that europe and its travel sector would be seeing a recovery in the months ahead as well we've seen some airlines reopening popular travel routes like to majorca but because of this 3rd wave of infections we're now seeing because of the quite disastrous to you vaccination rollout we are seeing these hopes really so if the e.u. is able to get the coronavirus situation under control we could see something similar particularly a rebound in domestic travel perhaps this year but the floor recovery of the market is still possibly years away for the you. chose to do
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a new front good thank you. the european union is ready to deepen trade relations with a techie at a video summit in brussels eagerly to signal to their willing to plot a way forward if a current deescalation is sustained ties had nosedive last year and present gas exploration in the mediterranean. it was back in 2016 that e.u. leaders 1st promised turkey closer trade ties in return for its welcoming of syrians fleeing civil war but almost immediately afterwards the process stalled brussels became concerned about the deterioration of political freedoms in turkey following a failed military coup and ankara's expiration of disputed oil and gas reserves in the eastern mediterranean near the flashpoint of cyprus and good brussels. but now after an improvement in relations the new modernized customs union between turkey
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and the e.u. is back on the table. or to have had a limited customs union since 1995 now their major trading partners with exports totaling almost 70000000000 euros in each direction in 2019. the expanded agreement would give turkey and its 18000000 consumers access to the single market a major step for a country that spent 2 decades in the queue to join the bloc but i'm korea's recent behavior still has some european diplomats ill at ease not least the sacking of central bank chief naturae arbel this week an unpopular move with western investors and a sign of continued volatility. turkey's recent withdrawal from a convention signed in istanbul targeting violence against women is also causing deep concern in brussels this is a wrong step from turkey
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a country that hosted the convention in the 1st place it is a huge setback to efforts made in the country in recent years and sends a dangerous message across the world. the new customs union will still take years to come into being has plenty of time for ties between the 2 parties to change as they have multiple times in the last 5 years alone. and now to some of the other global business stories making news jobless claims in the u.s. dropped to the lowest level of the pandemic last week the latest sign that economic recovery is under way earlier than expected 1st time filings for unemployment fell from a record of over $6800000.00 at the same time nearly a year ago to $684000.00 consumer spending is also rising as is hiring. poverty in asia pacific has risen for the 1st time in 2 decades according to the
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world bank a pandemic and and suing restrictions alleged to mystic demand and supply shocks across the region countries with the highest levels of covert deaths and infections also have the weakest performance. in the bank of england has unveiled a new 50 pound note in honor of alan turing the computing pioneer played a major role in decrypting nazi messages during world war 2 a more durable and forgery secure 50 pound poly near no 2 will be issued on june the 23rd to coincide with chilling birthday. it was only a year ago that a germany was praised for its exemplary handling of the pandemic case numbers were low and the public largely adopted hygiene measures and restrictions things aren't going so well now cases are quickly rising the country's still in lockdown and vaccinations and moving sluggishly germans and businesses are losing their patience . once the poster child for managing the pandemic germany has now fallen behind
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other developed nations after a sluggish vaccine rollout and months of lockdowns businesses have lost their patience broke you can say even one sentence from made in germany we are now a producer of a tragedy you see that israel the united states and the u.k. and other countries are leading in the vaccination process how well they have organized so meadows and how badly we have organized it. earlier this week the number of doses administered every day in germany fell below 250000 meanwhile the u.k. hit a new record of more than 840000 daily doses on saturday business representatives say germany's lackluster rollout is just one of the many things that angle america's government has to fix. it. well changing the disaster of the big scene procurement certainly improving the back to nation strategy and the
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logistics the testing and opening that has to go hand in hand which is very important a fost this person and of the state financial supports 'd less bureaucracy on these formulas 'd and certainly not a drop by drop payout to small business owners that are in desperate need of the promised funds that's a 1st that. pretty even that will only be one step the survival and recovery of businesses will depend on more than just government funds the lives of their customers will have to get back on track. but every business suffers under the coronavirus pandemic many startups are actually thriving unlike established companies that still work old school start ups tend to be small cost effective and fully digitalized a huge advantage which also helps to attract investors. they'd like to hit the big time but these 2 entrepreneurs are still very small fish in the 70000000000 euro
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ocean for industrial machinery software. i mean you know alan diana reese of developed a program which networks production lines. it can calculate how much material a machine needs or does it automatically and also organizes the correct packaging for a product a real all rounder. investors bit in the middle of the pandemic these 2 young founders set up the case systems from home and they managed to raise venture capital totaling 3000000 euros. and celebrated as soon as we got to the notary's office that year there were hitches right to the last moment will it work out or won't it. the money will go towards facing off with the sector's big players. definitely has vision to get there like google amazon so that's the vision were pitching to the team. and i'm sure it's got what it takes.
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the coronavirus crisis has launched an industrial rethink as more sectors discover the advantages of digitalisation startups frequently offer innovative solutions in 2020 the of the lockdown there was 6 percent more startup investment conferences like this one in which a young businessman is trying to raise capital of his online marketplace pandemic era financial. let's talk about the financing and what do you need to get over the next 12 to 18 months and to really break out and grow. you need political 12 months we're planning on 700000 euros a year could your stage we imagine something in the region of 400000 diana recent i mean you know are are on their way to talk strategy with their investor it's time for the next steps they need a dedicated office and most importantly the employees to staff it with.
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at the moment we have more clients than we can manage sales wise. hendo. and doctor and we're busy right now looking to strengthen our team. the new investor is happy to help out after all it's in his interest as well that c.k. systems becomes an industrial giant in germany. wearing a face mask and taking a bite well that's quite a problem but now there's a possible solution the nose only mask it allows you to take a bite while maintaining at least some level of protection it's been invented by researchers in mexico where straightforward is particularly popular the w.h.o. however points out that a mask that covers the nose mouth and chin is best. and is a reminder of the top story we're following for you. the global travel industry is
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looking towards china and seeing airfares rise and recover from the coronavirus pandemic ticket prices in the u.s. are still down and europe braces for another travel season lost to a 3rd wave of cult hit 90. 2 business update you ended up at this hour for me and the team in the end thanks for watching. and childhood like no other. for years roman linea was actually abused by his. peers is not an isolated case but the victims have the courage to speak about incest. the frenchman has decided to break through the wall of silence. on d w. we got some tips for your bucket list.
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some great cultural mores to boot. you. hello and welcome to focus on europe liz show great to have your company and insist scandal is rocking friends at the moment on social media countless adults are using the hash tag me to insist to share how they were sexually abused as children by family members. these revelations were prompted by an unusual book.

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