Business. In berlin welcome customers of india. Outside branches to get their deposits out he is now under direct control of the reserve bank of india. U. S. Bank is indias 5th Largest Private Bank and has undergone steady decline over recent months largely due to its failure to raise capital to address loan losses and downgrades in response the reserve bank of india has placed yes under a moratorium wants to find a solution to the problem until then customers can only withdraw 50000. 00 rupees a month from their accounts thats around 600. 00 euros that decision has had a major impact on the u. S. Banks stuck with shares ending the day 56 percent low on the Stock Exchange lets bring in. Christian and hes in associate editor scrolling and joins us now from delhi and. Do us customers really have to worry about their savings or will the state help out in case the bank goes under. The theres no indication that deposit does have any reason to be watered the government has moved quickly to state bank is theres a bank is move quickly to say that depositors will be safe its another matter altogether for those who have invested in the bank for the moment the state has said that it will intervene and ensure that nothing will happen to deposit their money for the moment theyre not allowed to withdraw more than 50000 rupees about 700. 00 so there is a limit on how much money they can pull out of the bank this is primarily done to prevent a run on the bank but all indications suggest that the money ultimately states everyone weve heard earlier that bad loans are poly responsible for it but what exactly caused this downfall so its a combination of 2 things i would say for years banks in their forces having a rather large banking crisis because of nonperforming assets yes bank has Something Like 7. 4 percent of nonperforming assets just quite high and every year it just ended up having more than it had the force of this is a concern for the bank and in addition any of the last 3 years it has had some Management Issues in fights within the board and concerns from the reserve bank of india the regulator but whether the management of the appropriate a lot of that division played out over 2019 and it seems now that theres a bank of india does not trust the board to be able to raise fresh capital to keep the bank a going concern roll on the bank im a christian thank you very much for that. On friday opec ministers and their non opec counterparts will discuss plans to avoid an Oil Market Crash in the face of the coronavirus. Talks in vienna on thursday opec members have agreed to cut all production by 1500000 barrels in the 2nd quarter of this year the biggest cut since 2008 barrel prices dropped by a quarter since the coronavirus appeared opec wants its allies in the wider Opec Plus Group led by russia to make up of the planned cuts. Under some of the other news making headlines today Argentinas Central Bank is cutting benchmark Interest Rates for the eights time since december the current government has been in place for less than 3 months Interest Rates now stand up to 38 percent the bank says the cut is based on signs of a slowdown in inflation and same to help revive the economy. As britain and the European Union hold their 1st round of post braggs its trade talks major sticking points have already emerged the 2 sides are aiming for a deal by the end of this year if they dont britain will have to trade with the block long term stepfather w t o which it wants to avoid. New figures from europes biggest economy shows a prize jump in gentlemen to factional leaders in january orders rose 5 and a half percent the strongest monthly increase since 2014 however the upbeat data do not reflect the effects of coronavirus on the World Economy yet. For decades the Worlds Largest tourism trade fair has been held in berlin the i t b attracts tens of thousands of industry professionals from all over the world this year though the fate of other big business gatherings organizers council the event on short notice due to the coronavirus a huge cost to many exhibitors but that didnt stop some determined participants from pressing ahead with their for travel plans anyway and organizing their own Networking Events in berlin instead. For years for hell show off from tanzania has been coming to berlin to attend the it. Be the worlds biggest travel trade show the cancellation of this years event came as a blow still the money was spent so he made the trip regardless its very said everything was planned we do it people with our flights and accommodation thats where we sort of came in new ways because most of it was nonrefundable. I think we really do rely on i. T. V. A market in germany is very big potential new so it is normally a very good trade fair for us but when the i. T. V. Was cancelled last week Tour Operator acquired our travel decided spontaneously to hold an african travel conference 34. 00 african and european travel agencies agreed to take part to carry on as normal networking a negotiating deals while in berlin the conflation of was massive shock for the whole industry because it was one of the major market places in african. Troops and trade and of course theres this marketplace was now not available for us african Tour Operators are bracing themselves in case the corona virus spreads further. We rely on tourism from everywhere in the world so the Global Pandemic will definitely affect all of us. We see in tanzania or say we had a few years ago we had the outbreak of ebola in africa that we could see that affected tourism greatly even though it was intense and here is how. The corona virus is already beginning to have serious effects on Global Tourism this year the industry meeting was a much cozier affair but thats little consolation for these african Tour Operators. The 8th of may the 8th of march rather this sunday is International Womens day in terms of equality between men and women things have improved in the past decades especially when it comes to equal Educational Opportunities but still women on average less than men according to a new study by germanys Hands Foundation here in germany women is still 21 percent less than men on average there is a gender gap has shrunk slightly but it is still above european average this is partly because women work more often than men in social and Service Professions which are generally lower paid another reason women work fewer hours than men because they offer with part time employment to accommodate for the needs of the family 46 percent of women do that whereas only 11 percent of men work part time also more women than men have gaps in their career due to pregnancy and child care years the gender gap is strikingly visible when it comes to management not even one in 10 Board Members in germanys 160 Biggest Companies is female says the new study now lets talk about this with you know of all a shes the head of gender economics at the German Institute for Economic Research welcome to studio caterina just to clarify on average in big German Companies are women who are doing the very same job and work the very same hours as men still less than their male colleagues yeah thats still true and as you said this broad gender pay gap of 21 percent does not account for fact is that different employment histories different jobs different working hours but theres still this unexplained part which accounts about to about 6 percent so this really means that women on average earn 6 percent less women who work in the same company doing. Same job working the same amount of hours so its the unexplained part of the gender pay gap 5 to 6 percent explain it anyway yeah thats a very thats very difficult obviously otherwise it would be called the unexplained part so. Did the whole issue is that you mentioned differences in the employment histories career breaks episode of part time so this explains the other parts of this 5 to 6 percent a very difficult to explain and there are probably many reasons not just one single reason many reasons one is that there are still stereotypes and gender bias is in the minds of men and women by the way that. Women should also get less for the same job so there are still women themselves they think they dont deserve as much as they and they think they dont that they themselves and also other women dont deserve as much as men for the same kind of job and we have actually research thats shows that very clearly other things are. Has also been shown that women. Negotiate for the wage in a different way that men but even if the negotiated and successful way the same as men do. They are then afterwards they have kind of the pushback because they are. Seen as less agreeable as men are so women and men for the same situation and for the same way of handling for example negotiation they are treated differently afterwards so basically women who negotiate hada. Risk of not being successful at all of getting the job because as seeing it as less agreeable not might not necessarily at the risk of not getting the job but at the risk but as at the risk of being seen or perceived by their colleagues and superiors as being less agreeable ok. One of them is that women dont get on a ridge top positions have gaps in this in their c. V. Is child care for their parents and all that is that kind of changing towards men is there any see any signs of men. Not so much yet what we do see is that. Higher share of fathers takes some parental leave but only a very few very short durations thats just 2 months or so so it is really not the case that we see a large shift of care work from men from women to men but this is unfortunate because this would be one of the most Important Reasons how this gap could be closed the timing of all the thank you very much thanks. Thats it from me and the Business Team and stay tuned for allison calls up with current helps that coming right up. More forced into a nameless mass. Of. Their bodies. The history of the slave trade is africas history. For our entropic plummeted an entire continent into chaos and. This is the journey back into the history of slavery. I think you will truly be making progress when we all accept the history of slavery as all of our history. Our documentary series slavery routs starts march 9th on d w. Greetings from berlin and welcome to arts and culture a blockbuster exhibition marking the 500th anniversary of the death of renaissance master rafael has opened in rome amid coronavirus fairs and look into what that may mean for italy and also coming up. In the wake of the historic peace deal between the u. S. And Taliban Forces afghan filmmaker roy dot is determined to tell the stories of women under taliban rule. And british choreographer akram can takes audiences on an emotional journey in his modern retelling of an ancient epic. Well its the exhibition all of the year in the eternal city. Known as raphael died in rome in 1520 at just 37 and he was one of the most celebrated and prolific artists not just of his age but of all time all the 3 months show is the biggest ever devoted to him but it begins under a shadow due to the corona Virus Outbreak currently sweeping italy. Its one of the most eagerly anticipated shows of the. Museum presold around 70000 tickets before dawn was even opened. 120 works by roughly 0