From politics to flash from housing boom boom town this is where. 77 percent. This weekend g. W. The u. S. Shuts the door on new Foreign Workers now some of americas Biggest Companies are complaining that a president ial order to pereira lee suspending new employment visas will cost them top talent. Also on the show times were already tough for Small Businesses in argentina and the pandemic has made them unbearable. This is your Business Report im Stephen Beers in berlin its good to have you with us apple google and tesla are among american firms criticizing a new order by President Donald Trump which blocks entry of many new Foreign Workers through years and amazon called the decision to suspend employment pieces short sighted and the threat to American Global competitiveness the c. E. O. s of google and apple both said they were disappointed trump claims the order which could block hundreds of thousands of workers will increase u. S. Employment but it follows a broader efforts by his administration to crack down on all immigration. And for more on this lets go to our financial correspondent yens quarter in new york younes why are Business Leaders so fiercely opposed to this move. And especially the Tech IndustriesSilicon Valley for instance they are highly concerned its not just workers but its also says he wouldnt and to teachers so was certain j. One visas for example will not get them entry into the United States if they dont already have those visas im standing here in front of a Brooklyn College should sold still a nickname to a poor man some harvard because its a Public School but those schools also depend on paying foreign students but if you look at it overall we hear all those executives from those Big Companies and fearing that the talents are not coming in and that its also going to kill innovation that there were some managers saying that in the history it has always shown that the United States profited from talent coming into the country the United States is loaded with money and thats very attractive to Foreign Workers there are some exceptions now specially if you work in the Agricultural Industry or in Food Processing plants but of the highest skilled workers it will not be able to file for visas for the reminder of the year. Claims that these jobs these positions will be filled by americans is it that simple briefly if you could. Clearly its not donald trump is talking about that would go to 500000 jobs so will get open for American Workers but you have to look what kind of jobs got lost in the past couple of weeks and months it was not high skilled jobs but it was mostly the low wage jobs that need to lower skilled soldiers that whole move seems to be mostly politically motivated ahead of the elections and early november are you with latest from new york thank you very much. Over lot america now 2020 was already going to be a difficult year for argentina and that was before the pandemic a tenacious recession and the lifeless currency had already gutted many businesses now a 3 month pandemic lock down is finishing off many of those that survived. People without jobs cant afford to go out to eat so ricardo closeness boners ariz restaurant. Is history. I made the decision to sell the furniture and stuff. And then with the proceeds of the sale i pay the stuff their wages and then im off out of it all. Its the same across borders ariz restaurants bars cafes all closed for the time being all forever the citys become a ghost town. This bar is also closing even though its right in the middle of the Entertainment District an area that was once wild with nightlife then the downward spiral says in. An auction tina weve had 2 years of bad consumption hardly anyone spending. And it didnt come as a surprise. 3 months locked down without being able to sell was the straw that broke the camels back. The future looks grim argentina has massive debts and still hasnt paid its main interest installment to foreign creditors for many observers another insolvency crisis appears to be only a matter of time. Now to europe where the pandemic looks to have taken an even more drastic toll on germanys economy than previously thought the German Council of Economic Experts has revised its growth forecast its now expecting g. D. P. To fall by 6 and a half percent this year as opposed to the 5. 4 percent they prefer previously predicted however economists believe the German Economy has bottomed out and that activity is likely to pick up again in the summer 2021 the council is forecasting growth of 4. 9 percent. Of. C. E. O. Of german financial platform wire card marcus brown has been granted bail for 5000000 euros after his arrest monday and that comes after the company said it believes accounts thought to contain nearly 2000000000 euros probably did not exist the Payment Services provider has been a shooting star in the markets shares however have dropped more than 80 percent in recent days since rumors of sham transactions surfaced in the company was unable to file its annual report. And lets take a look at some of the other Global Business stories making headlines. German Agro Chemical firm buyers closing in on an 8. 00 to 10000000000. 00 Settlement Agreement to end claims that its life estate based roundup we kill or causes cancer thats according to german Financial Daily hundreds blot the Company Supervisory board still has to agree on the deal. The u. S. Is planning to restart tariffs on aluminum imports from canada if ottawa does not curb its exports according to Business Wire bloomberg washington could announce the return of 10 percent tariff starting july 1st according to the report thats when a new u. S. Mexico canada trade agreement is expected to take effect. U. S. Ecommerce giant amazon is launching the 2000000000. 00 fund to invest in climate technologies the venture will focus on companies and sectors like transportation farming the retailer which has faced pressure from climate advocates said it plans to grow the fund with time. Apple says its back computers will soon feature the companys own chips as it phases out intel processors the 1st macs running the socalled apple silicon processors will be delivered by the end of this year apples chips are already powering i phones and i pads. Well for many spoken as it would be the worst possible time to ban tobacco the beginning of an anxiety inducing pandemic lockdown thats exactly what happened in south africa the measures now in court and critics say the only thing it has accomplished is encouraging illegal markets for smoking a cigarette is an expensive indulgence in south africa right now the government banned the sale of Tobacco Products at the end of march the official reason to help reduce the spread of coverage 19 a decision that left many hardcore smokers feeling desperate and. Thats really not is it because were playing we. Assume. On the people that are selling on the street which is like a black market there was no need for them to open it. So the sale of Tobacco Products is currently illegal that doesnt mean they cant be bought we follow tommy to a nearby shop within seconds he gets his smokes a hefty price. I paid out of the president for this. I didnt have a choice because thats the only thing they have at the moment because our products all play and all whatever why we havent had it for a pass to put a prostitute for 1. 120. 00 rand is approximately 7 us dollars before the ban tami only paid 25. 00 randall 1. 50 for a pack clark doesnt mind this filming if he doesnt want to comment on his business. The tobacco ban has cost the government 1000000000. 00 rand the month in tax losses money critics argue it could have been used to fight the pandemic corney of an while big is a professor at the school of economics at the university of cape town he recently conducted a study on smokers response to the ban the missing tax revenue is not his main concern. The more important thing is that the in this ad market is becoming more entrenched in illicit market was bad already before the lockdown started we think its in the order of between 25 and 30 percent of the total market was really in the city at that point in time and whats happening now is that people are changing the behavior to cheaper cigarettes the in the Distribution Networks are becoming more and more established into the market and thats going to be a very very difficult thing to get rid of in time to come. President Cyril Ramaphosa or ignored the issue in his latest speech the independent Tobacco Association feature is contesting the Banning Court even in many initially supported it the rationale behind the ban now seems unclear since the 1st of may i think it was silly and actually counterproductive to. Continue with the bet on the sale of cigarettes especially in light of the fact that so many people were already buying cigarettes on the illicit market and to extend that even into phrase 3 of the lockdown just makes no economic or Public Health ins what they are. Now its up to the judges to decide on the fates of south africas smokers. And thats it for me and the Business Team heres a reminder of our top stories u. S. Tech firms have criticised a us president ial order to suspend some employment visas and wire hard c. E. O. Marcus brown as opposed to 5000000 euros bail after his arrest as part of the companys Balance Sheet scandal im Stephen Beers in berlin as always great to see you thanks for tuning in. In the distant future tiny space ships must mean bloodstream. In the distant future. Scientists are now developing nano robots that treat targeted diseases inside the human eye. In todays medical world tomorrow today. Next on d w. What secrets lie behind. Discover new adventures in the 360. And explore fascinating World Heritage sites. World heritage 360 getting up now. Where i come from we have to fight for a free press i was born and raised in a military dictatorship with just one t. V. Shadow and a few in his face force one official information as a journalist i have to work on the strength of many characters and their problems are always the same courtroom social inequality a lack of the freedom of the press and corruption we can afford to stay silent when it comes to the fans of the humans and see the white 2 folds who hunt inside to put their trust in us. My name is Johnny Carson i work i d w. The human gods its said that we know less about it than about the surface of the moon what we do know is that the foods we eat kind of affect our house and that of our immune system for instance too much stuff like this is bad for us. Sometimes is probing our intestines in order to understand more about dying