D. T. You know that 77 percent. Are younger than thinks of fox. Thats me and me and you. And you know what its time all voices are. On the 77 percent we talk about the issue. This is where you cut. The 77 percent this weekend on d w. Us shuts the door on new Foreign Workers now some of americas Biggest Companies are complaining that a president ial order to rarely suspending new employment pieces will cost them top talent. Also on the show times were already tough for Small Businesses in argentina the pandemic has made the 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 visas short sided 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 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 as you wouldnt and to teachers so with certain j. One visas for example who will not get an 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 speak at 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 the 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 low wage jobs that need to lower skilled so that whole move seems to be mostly politically motivated ahead of the elections in early november. 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. Back to. Its the same across going to. 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 here. In argentina 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 down its growth forecasts 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 for 2021 the council is forecasting growth of 4. 9 percent. 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 a state based roundup weed killer causes cancer and 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 that 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 a 2000000000. 00 fund to invest in climate technologies the venture will focus on companies and sectors like transportation and 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 faces 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 stokers it would be the worst possible time to ban tobacco the beginning of an anxiety inducing pandemic lockdown but 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 the decision that left many hardcore smokers feeling desperate and. Thats really not is it because were playing we buy a cigar. And 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 there is a hefty price. Paid out of the president for these. Added in the choice because thats the only thing they have at the moment because our products or our plane or whatever why we havent had it for a pass to put a hostile form of 320 rand is approximately 7 us dollars before the ban tami only paid 25. 00 rand or 1. 50 for a pack because mark doesnt mind his filming if he doesnt want to comment on his business the tobacco ban has cost the government 1000000000 random month in tax losses money critics argue it could have been used to fight the pandemic corn avon 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 list of market is becoming more entrenched illicit market was bad already before the lock on started we think its in the order of between 25 and 30 percent of the total market was a really good at that point in time and whats happening now is that people are tending the purchasing behavior to cheaper cigarettes the illicit 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 though 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 phase 3 of the lockdown just makes no economic or Public Health sense whatsoever. Now its up to the judges to decide on the fates of south africas smokers. And thats it for me in the Business Team heres a reminder of our top stories for us 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. The for. This garbage 11 day safe mines. I was Cycling Company in the uganda is making a protective shield from us to waste. Nationalists from talk of plastics back explicitly during the pandemic. Its good for doctors and nurses good for the environment cold comfort. Of dealing with. Society faces a coronavirus meltdown is the crisis also an image of things from coast attentional problems. Labor shortages overstretched health care spotty internet access. Is it time for a major briefing. In germany. In 60 minutes on d w. I listen. To things he. Did even she painted me. I dont sneeze food that used to look at me. My answer. Im. So over the bridge of. The secret of. Starch john 30 g. W. A warm welcome to our environment magazine africa after a monster restrictions imposed because of the poor no but gimmick public life is slowly returning to normal thats applies here