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And those that will follow are part of a new kind of. They could be the future of the way then it would be. Granting opportunities for global news that matters d. W. Made for mines. 130000000000 euros to save the German Economy and prop up the europe germanys biggest Financial Aid program in decades draws applause from european leaders with the french government saying it will unveil its own rescue package shortly also on the show the dice are rolling again casinos in las vegas have reopened as an entire state depending on gambling revenues is hoping to recover from an unprecedented loss and well take a look at how the coronavirus pandemic could change questionable working conditions in the german media industry. Im chris coburn berlin welcome to the program it is the biggest economic rescue package and german postwar history and its intended to make a big splash 130000000000 euros meant to repair some of the devastation the virus pandemic has caused and europes biggest economy the plan has been welcomed by e. U. Leaders as a key part of the blocks recovery efforts. As europes biggest economic engine the pressure was on germany to deliver economic stimulus to speed the e. U. s recovery from the coronavirus pandemic chancellor Angela Merkels Ruling Coalition delivered a bumper package that includes temporary tax cuts handouts to families and investment in Green Transport technologies. To a plucky so we have an economic stimulus package a package for the future and of course in addition to that which were now less concerned with our responsibility for europe and the international dimension. In brussels economy minister pollo gentle only said he was pleased germany was finally using its fiscal space to boost spending europes other economic driver is france finance minister Bruno Lemaire hailed germanys stimulus and said paris wouldnt bail its own plan soon in 2 steps the 1st one will be next week where we will gnomes all support to sick to those that have been civil to heat by the crisis i mean truism the Automotive Industry i will not fix and all the sectors that have been severely hit by the crisis. Both countries are keen on emo billet the president emanuel on the call has pledged an 8000000000 euro plan to make france the european leader in electric cars the german scheme offers premiums to encourage people to buy electric while they may Work Together theres always been healthy competition between europes 2 economic giants. The European Central bank has also announced extra stimulus measures for the eurozone the banks head Christine Legarde says it will issue another 600000000000 euros in emergency bonds to lessen the economic damage from the penn damage thats on top of a 750000000000 euro package announced in march. Heres our financial correspondent Chelsea Delaney was more. The European Central bank is pumping more money into the european economy as it has for one of its worst contractions on record today the e. C. B. Announced that its adding about 600000000000 euros to its Bond Buying Program as they are now also forecasting a contraction for the e. U. Economy of 8. 7 percent for this year theyve used this Bond Buying Program to really target cheap financing to companies and governments of the e. U. Throughout their coronavirus pandemic and this is what e. C. B. President Christine Legarde had to say about that earlier the governing council is determined to ensure the necessary degree of monitoring accommodation and to smooth transmission of Monetary Policy across sectors and countries accordingly we decided on a set of Monetary Policy measures to support the economy during its gradual reopening and to save gold medium term price stability Christine Legarde also emphasize just how murky of the outlook remains for a recovery here and here at theres been a lot of hope that the economy had bottomed out in the last several weeks but look hard was much more cautious she stressed that the data has been quite tepid and she also said that there are a lot of Downside Risks right now which could mean it they economy contracts even further than the 8. 7 percent theyre forecasting for this year. W. s Chelsea Delaney reported the dice are rolling again gambling has returned to las vegas and the entire u. S. State of nevada Hotel Casinos in downtown and suburban las vegas were the 1st to open shortly after midnight with staff wearing personal protection gear of course later several resorts on the famous laws vegas strip follows because he knows resorts were shuttered in mid march to prevent the spread of covert 1000. Lets get more on this story from our correspondent and scored against tell us why Las Vegas Casinos have been so eager to reopen. At least economically las vegas was so one of the u. S. Cities hardest hit by the pandemic because you know its were shut down for 78. 00 days to april the Unemployment Rate in las vegas reached the 33 percent the highest in the country so therefore this pressure to reopen and actually some relief that not fully but at least partly because you know its open now on thursday morning and weve seen the pictures of bartenders and car dealers wearing face masks what are the other measures that the casinos will be trying to keep visitors safe well i mean for once because you know so are not running full capacity is sold there all the unlimited amount of customers a lot in gamblers are social distance to buy a plexiglass shows are not open yet and also to be face are not open so there are couple of measures so to keep social distancing and to to limit the amount of customers and of course the United States is a country of mourning at the moment in the wake of the murder of george for lloyd is now the right time to open for business is aimed at the museum and are just entertaining. There have been discussions in las vegas and actually because of the protests in some casinos decided to limit their operation on the day and not night times but as i mentioned the economic pressure was so immense in las vegas that actually also in other parts of the country that we could let me give you one other example just after hours today after trading hours we got the new quarter really results from the gap so the retail chain and their revenue in the past quarter dropped by more than 40 percent so the Economic Hardship is so immense that at the end of people just a longing for a reopening their businesses and actually theres also some criticism in cities like new york for example because of the curfew businesses have to close much earlier than usual and that ended time was the penn demick where hardship is already immense korda thank you. Lets take a look at some of the other business stories making headlines around the world lou phones us living out of germanys blue chip index dax thats according to its operator. The coronavirus pandemic has all but wiped out blue tons of revenue in recent weeks and driven down its share price last week the government agreed to a 9000000000 euro rescue package for the carrier h. S. B. C. s back to a controversial new security law that triggered angry protests in hong kong management said the measures would stabilize social order in the city which is just b. C. s biggest market Standard Chartered another bank with a huge asian presence also backed along the European Union and china have postponed a major summit set for life in september the official reason given was the Coronavirus Crisis but relations have deteriorated over chinas role in the band amec and beijings stance on hong kong. Now poor working conditions and questionable housing the way the german Meat Industry has been treating many of its neighbors has long been a dirty but open secret but his german slaughter houses have been a hotspot for covert mind 3900 missions the pandemic is forcing a change. Sebastian is 9 months old and 10 years ago his family moved from romania to the region of northwest germany. Sebastians father saved up and bought a house he now works in a Vehicle Factory and doesnt like to think about the time he spent temping in a german slaughterhouse. In the slaughterhouse there were so many temporary work agencies that enticed people with the promise of easy money but the job was very hard and the workers were treated badly. Look this is the sort of house malleus is talking about its 2000 employees earn minimum wage and their food and overpriced accommodation is deducted from their pay its often been described as slave labor. No what do you mean slaves no one is forced to work here everyone comes here of their own free will for Goodness Sake the Business Model relies on Eastern European workers who tend to put up with the poor working conditions and bad pay. A Christian Welfare association advises the workers if they have problems at the slaughterhouse there are numerous troubling reports about the conditions. Seen people being exploited treated badly and screamed out. This house is supposed to accommodate the contract workers and its where we met marian who translates for them theres nobody staying here at the moment marion says the government placed the workers in individual housing because of the coronavirus. Lots of romanians have lived in these places perhaps 3 or 4 people in one room but the situation has improved a lot over time. But the coronavirus is forcing a change the German Government wants to ban temporary workers in slaughterhouses many romanians now hope for permanent. Contracts and higher wages. The slaughterhouse security eventually saw arrests and stopped any further interviews and abuses in the german Meat Industry have long been a dirty secret but the Coronavirus Crisis has brought to light the problems for temp workers in germanys slaughterhouses. Show. Thanks for watching and see if i can. Turn our chino a popular coastal vacation city. 2 2 but how are things there this year the former hotel and Restaurant Owners are concerned the corona restrictions have led to fewer guests and higher costs its not the place on the riviera thats facing a challenge. Some against the odds. The staff are on high alert. These days their prime as they sit down dog down on those will do for america what the current irises of the going to cost the Chimpanzee Trust on the ugandan island to combat the situation has become difficult because of the comic 19000000 animals and the people. He killed him for a gun. In 60 minutes. Can you know what do they dream of at night. As cleaners they see the face of horror. Their job censoring for the social media industry. In manila there are thousands of socalled content monitors to take they scrub terrifying images from online platforms. Our research on them for starvation wage this training is enormous. The cleaners social media shadow industry starts tonight on t. W. Hello and a warm welcome to focus on your all panelist show and its great to have you with us summer is s. Around the corner here in europe and normally that would be the time when people pack their bags and fly or drive to their holiday destinations

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