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Like any information on the coronavirus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at. Forum slash science. 0 orders a handful of deliveries and more cancellations boeings bad year continues through april playmakers c. E. O. Tao says the Airline Industry is facing an apocalyptic crisis. Also coming up teslas factory in the u. S. Is back in business with support from President Trump as the electric car maker defies californias lockdown. And this is what a lot of people come to germany for with wines tourism in the cellar well find out what vendors. Doing to meet the court does demand. This is your Business Report im Stephen Beers in berlin its good to have you with us april was a terrible month for boeing the u. S. Aerospace firm reporting tuesday that it received 0 orders during the month and more than 100 cancellations for its grounded 737 max problems bringing the 737 max back into Service Following 2 deadly crashes were already hitting the companys bottom line and that was before the pandemic now the companys biggest customers the airlines are struggling to survive boeing has already cut its workforce by 10 percent. U. S. President donald trump has given his backing to electric car maker tesla as it defies california authorities by reopening its plant there a truck tweeted california should let tesla and ilan musk open the plant now it can be done fast and safely the companys c. E. O. Has become a leading critic of lock down measures threatening to pull operations out of the state officials dont allow production to continue. And lets bring in our financial correspondent in new york yes korda ins good to see you lets start with tesla whats behind this confrontation between the company and local authorities. You know there is this controversy whos in charge district states all the federal government and why production restarts in michigan for example next week for the big 3 california obviously and specially the district that is in charge of tesla has a different opinion by the way at the stock of tesla does not really react in a big way it has more than doubled in the pasta couple of weeks but yet this is one of the big controversies surrounding test different rules in different states and districts. Doesnt this miss the bigger question of whether theres even demand for cars right now whos buying teslas. Yeah well i mean as for you might see right now im here on a local street in brooklyn and some local streets get actually cut off from traffic so that people can keep their social distancing while they want to take a walk in the sunshine well its not just about tesla but about the car industry overall and there is some hope at least for old Car Manufacturers including tesla that people might actually shy away from public transport so it will get not infected with the coronavirus and that we might see a spike in car sales not right now but maybe in the coming months the question is how much money people will have left after the crisis to purchase a new car but that actually could be a trend that more people are looking for their own transportation a good point as everyone looks for the demand question there i want to focus now on Consumer Prices are report coming out in the u. S. That shows the biggest dip in Consumer Prices since the recession and whats behind that and actually even if you look at the core rate of Consumer Prices we saw the be the biggest dip ever in april well as you can imagine the prices for clothes for example dropped heavily and also all of the prices for transport but as least for now economists are not too concerned that we might see a long lasting deflation for example because most economists economists believe now that slowly the economy is restarting in the United States that we actually might see a spike in prices not yet but maybe in a couple of months well the funny thing about this is that in some parts there actually rising prices like with food for example whats going on there. Yeah sure i mean people they stay at home and they cook their own meals so you for example in april told the biggest spike in prices for this year wheels or also for everything what you need to bake and also people getting more computers at the moment because they have to work from home there is still no school for example here in new york and that wont change at least before fault so also the prices for computers actually as all are quite a spike in the past month or a quarter with the latest from new york thank you. Lets take a look now at some of the other business stories making headlines. Irish Budget Airline ryan air plans to increase flights to 40 percent of its usual capacity by the 1st of july as the company plots a path out of the Coronavirus Crisis since mid march ryanair has run just 30 flights a day has restrictions have effectively closed european routes. Chinas car market is revving up again sales last month came close to last years level down just 2. 6 percent compared to april 29th teen and that came after new registrations fell in february by a whopping 80 percent year on year and almost 50 percent in march. All right now were going to turn to a dispute between berlin and brussels over e. U. Monetary policy that started last week when germanys highest court ruled that the European Central banks bond buying scheme was partially legal and the e. C. B. Responded saying its a orders only from the e. U. s highest court and not germanys on monday chancellor Angela Merkel stress that the dispute was solvable but the route has triggered a legal minefield. The European Central bank has spent billions in recent years buying bones from member countries the ngos to prop up Economic Growth in the flagging euro area. But last week germanys Constitutional Court said some of the seabees actions were illegal under german law he had ruled the bank should have thought more about the possible negative impact of its policy its the 1st time the Top German Court has pitted itself against the use institutions in this way so does it mean a big clash at the heart of europe not according to the German Government its cute not before this though an example of how the European Court of justice is the guardian of the european treaties in our view the Constitutional Court has not questioned that it is merely called for a careful balance and justification of the policy. But the European Central bank said it does not follow the rulings of National Courts and Commission President on the line is considering legal action against germany opposition politicians in berlin since this battle could last for some time. In the short term we do not expect any fallout from the courts decision but in the medium to long term we face long postponed questions about the future architecture of economic and Monetary Union the open question is will we have more joint liability or will be strengthen the principle of fiscal responsibility in the e. U. Does this for i am sadly this is above all a political failure of the European Central banks hands at time by politicians its not allowed to bankroll of financially support the Member States but on the other hand theres no common financial policy this conflict will require a political solution. Its not helpful that other countries which were told to leave gracile such as poland have applauded the decision of the german court. Chancellor merkel has so far only said she wants a clever response to the questions raised by the case that response could have a big impact on the future of the euro and her government has been given just 3 months to react. Well they say necessity is the mother of all invention and thats something many businesses are learning during the krona virus crisis to germany small wine makers are having a tough time with the loss of tourism due to the pandemic their solution is to go online if theres germanys oldest wine growing region the most. Family have been here for generations. From the us im from i find that just incredibly exciting that i can sell what ive produced myself this is my baby my product its just an incredibly exciting thing. But since the coronavirus struck life for the 1000 residents of titan high end has changed dramatically all of a sudden things became very quiet. Theres such a strange emptiness in our house were not used to it being so quiet with nobody coming to visit there are no Wine Tastings no one comes to pick up any wine. With restaurants closed wine festivals canceled on travel in general curtailed business in the region home to some 3000 wine growers has taken a major heres. The crisis has also been encouraging locals to innovate really in a has been offering her regular customers wine tasting classes on you tube. Its a Good Opportunity to market her product. This is just a nice fresh but also powerful line. These wine boxes were sent by courier a week before the virtual wine tasting to make sure theyd be with the customers on time there were a total of 70 orders. Going online it was a good decision. At least we now have the opportunity for customers to see us weve talked to many customers on the phone and written emails about our campaign the response has been great. So great that vienna is planning on sticking with the new Sales Channel once the pandemic is over. And while wine drinkers may have to look online for their favorite tipple its a different story in the spiritual home of beer the Czech Republic is easing its lock down and that means beer drinkers can make a beeline for progs beer gardens which are now open again for now czech pubs and restaurants are only allowed to serve food and drinks and outside seating areas or through window guests most observe a safe distance and wear face masks unless theyre drinking eating or smoking. Otherwise it would get a little messy and thats it from me and the Business Team here in berlin to check us out online at www dot com slash business im Stephen Beardsley thanks for watching. Africa. And warmth is the way to save this endangered species. Bills are threatened by environmental destruction. A South African project tries to protect the baby birds numbingly rearing them by. But theres nothing to stop nature from calling eco africa. D. W. The right sounds. Good to. Decide on one for a good spend our money. High on our minds a dozen. Guys over how sounds determine our knives made in germany. In 60 minutes on d w. Says he moves. Are always a symbol of a long cum flick in the philippines between the muslims and the christian population. Play in strangers occupied the city center in 2017 president due to his response was. This is not the kind of freedom that the. How did morality become a gateway to islamic terror. An exclusive report from a destroyed sitting. In the sights of fire starts may 20th on d w. A very warm welcome to africa vironment magazine coproduced by channels t. V. Here in nigeria detail d. In germany and t. V. In uganda my name is now. Cohosting the program from the other side of the continent even my dear colleagues helos and. Thank you. All while

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