Problems and the film one clinician the new season of founders eventually. Starts june 13th on g. W. Nico bees in germany to learn german published in the cool. Why not learn with him d w z learning course plecos speak. Every 6 jobs on the line german carrier news times i warns of massive cuts despite receiving a 9000000000 euro bailout also on the show Financial Markets around the world turned south on a grim Economic Outlook by the u. S. Federal reserve and a resurgence in the corona virus infections in the country and the people in south korea are weighing the pros and cons of the countrys new digital response to the coronavirus spend. Im Chris Culliver in berlin welcome to the program lufthansa management is warning that the german carrier will be smaller after the coronavirus pandemic and now we may know just how much smaller the fans of warns it could cut 22000 full time positions worldwide that would be about every 6 job and germanys flagship carrier these cabin crew members may soon need to tighten their belts lufthansa is looking to cut 100 planes from its fleet and slash 22000 full time positions with around half of those been in germany the airline says it hopes to avoid mass layoffs and plans to set up short term working schemes and offer some employees alternative contracts the Cabin Crew Union has signaled its ready to make some concessions there are things like productivity like arch im working like temporary leave willingly so these are things we could do become a range but of course people need a job government she afterwards we kind of. On the one side and dismissals next year on the other side thats not possible and this will be our negotiations germanys Ruling Coalition has pledged to support lufthansa with 9000000000 euros in conjunction with the European Union the pressure is immense. The companys shareholders will need to discuss the governments plans on june 25th in the times of hopes it will reach Common Ground with the unions by the. Financial markets around the world took a nosedive on thursday as fears of the economic toll of the coronavirus pandemic returned in new york the Dow Jones Industrial average shed almost 7 percent after a fed chair general policy on wednesday it could take years for the u. S. Job market to recover adding to investors concerns was a skirt and fresh virus infections in the United States after 5 weeks of decline so. Lets get more from our financial correspondent yes court in new york against tell us more about the reasons behind this sell well and it was quite a mess if what we saw here on wall street and its the you with markets theres this old saying on wall street when the markets move up its usually like in escalator but when markets start dropping then thats more like an elevator and thats what we saw here on thursday a must mess of selling and not just with stocks but also the price of oil for example falling by about 9 percent while the u. S. President donald trump blamed it via twitter on the Federal Reserve on the meeting from when stay when general powell the fed chairman was a bit more cautious talking about the recovery in the United States and then if you look at the overall picture the job market for example we got new numbers here on thursday and more than 44000000 americans have filed for some kind of unemployment. Support in the past 12 weeks alone and hence the Financial Markets have been back to record highs lately and look at todays selloff where investors too optimistic too soon. I would say so because its obvious that it actually might take a bit longer than some Market Participants have expected to find of is c. N. N. Also if you look at the reopening of the u. S. Economy added will take quite some time before we are back where we started before the crisis broke and if you look at valuations overall look at 3 companies alone amazon apple and microsoft worse together more than for it truly in dollars meanings those 3 companies are worth basically as much as the German Economy if you put it on a Gross Domestic Product so yes the market probably did too much too fast and so it was just a matter of time before we would see that there is a downward movement the big question for now clearly is will be get a little breather towards the weekend or will the selling pressure continue on friday dont you finance or correspond to the quarter porting from new york yes thank you. And now a brief look at some other business stories making news amazon is Banning Police from using its facial Recognition Program for the next year the technology has been shown to mis identify people with darker skin the move comes amid growing calls for Police Reform in the wake of the Police Killing of george szell biotech a german bio technologically Technology Company has received 100000000 euro loan promised from the European Investment bank the money is to be used to speed up development of a vaccine against the Novel Coronavirus biotech is currently waiting for results of the 1st Clinical Trial of its vaccine candidates friends a central bank has announced paying with cash does not magically increase your chances of contracting the coronavirus the bank says several laboratories reached the conclusion for comparing coverts transmission rates on banknotes and other surfaces. Now 19 was the chinese year of the pig but it was not a good year for chinese pigs their herds decimated by the african swine fever a deadly disease sparked worldwide crisis which hit china particularly hard the country is the worlds biggest pork consumer now the Chinese Government wants to restore our food which includes a major shift in policy. It doesnt look like much right now but this flattened field will soon be a new pig farm and its just 70 kilometers from beijing city center this is a bigger versal for china up until 27000. 00 there was a major Environmental Campaign to move meat farms away from cities. But in 28. 00 seed african swine flu knocked out half of the countrys pig population fewer pigs contributed to higher pork prices the cost per kilo of pork more than doubled since the outbreak began 2 years ago now regional and city officials want to move pork production closer to home to guarantee meat supplies this site is just one of 11 new pig farms that are planned for the outskirts of beijing. Oh were going to show our project will take about 6 months from the beginning of construction to production. This year our task is to supply about 50026000 pigs and next year were going to produce up folk a passerby around 60000. 00 pigs a year. Here you want. The idea is to produce a minimum supply in each region of the country but thats easier said than done. Beijing alone is home to 20000000 people and even this aggressive building and rebuilding plan will only supply a 10th of beijings pork needs. Its to south korea now and the country will start implementing q. R. Entry logs this month as part of its response to a resurgence in corona virus cases particularly in the capital seoul now the move has been welcomed by many particularly in the Small Business sector which has seen its sales plummet but the Data Collection has also generated privacy concerns. So korea this month ramps up q. R. Quick response code entry logs after several pilot programs throughout the country. So korea has proven relatively successful in handling the covert pandemic with robust testing Contact Tracing in quarantine limiting the spread of the virus still tracking the sources and the people potentially infected in recent cluster outbreaks here in the capital has proven quite difficult creating a resurgence in cases. And one doing market merchants hope the measure will bring back lost business an advocate more state assistance to budget. And to our own virus spread around the world people worried and reduce their activities because of the stress and the decrease in shopping and spending Small Businesses are suffering and everyone is suffering i hope the government can provide more helping. Traditional markets tend to attract older shoppers less likely to log in still Health Care Workers argue the program should be expanded. I say clinical so because its voluntary not many people are signing in yet going to. See that and its a bit complicated for older people but once everyone gets used to it theyll see that its easy to go to. Registration dad is collected saved and then deleted within 4 weeks by individual venues human rights advocates argue the personal Data Collection infringes on the right to privacy. Could be. Very unclear to what extent a q. R. Code protects me from other infected people and the biggest problem is that despite other alternatives the excessive information is forcibly provided to the government or companies designated by the gov get. On it. Supporters of the measure point to a recent cluster outbreak in which it is an accurate written entry logs complicated tracing efforts. Came to them and actions should be viewed as a transparent policy which helps identify all coronavirus patients and prevents people from lying about their movements i hope that this policy can be implemented not only in the markets but everywhere wouldnt on your part its the little thing that has all the only mandatory for high risk venues like night clubs the government seeks the Widespread Adoption of q. R. Entry logs to encourage a return to business as usual. And thats our show thanks for watching and have a successful. Cup. Africa. Hygiene measures during the corona crisis. Is expensive ready and this is. Really unattainable. By young businesswomen has decided to improvise. In her distillery she produces disinfectant. And africa. Into the conflict zone Jim Sebastian cold never leads to news for long leads days from now its the draft of a new security law to be imposed by the for local controversy i would protest joining me this week from long gone is regina if a member of the citys Legislative Council and chair of the fro beijing newfie. Thats what 16. Is for me. Is for. Beethoven is for. Is for. Beethoven is for. Beatles it is for. Beethoven 2021250th anniversary year long do you. Know. We should never underestimate a part of nature our Current Situation is a humble reminder of that but nature can also help us in countless ways as long as we walk we get rather than against it i am sondra to nobody here in kampala uganda and the africa with me today on stories is michael presenting in aid