A difference by choosing reforestation over deforestation recycling for disposable Smart New Solutions who are still sitting our waste for those truly unique and we know that their uniqueness is what how allows us to with them survive good my dios the environment to suit the suit global 3000 on t w and on. Brussels gives a green light to germanys own 500000000000 euro pandemic rescue package but will that soften the blow of a serious recession in europes largest economy and what about other e. U. Members that dont have such deep pockets. Also want to show its survived wars and the Great Depression but not the coronavirus Brooks Brothers one of americas biggest mens wear stores files for insolvency. And you scooters are popular in big cities are often left lying on sidewalks the start of the berlin has an idea to bring more order. And welcome to the show im Stephen Beardsley in berlin can europes largest economy use its deep pockets to help domestic businesses without tilting the balance of competition in the e. U. All the top and the trust official in the bloc now says yes the 500000000000 euro german rescue package was mostly on loan guarantees whether it can help pull germany out of a serious recession is now the question. Look tonsil was rescued last month from the brink of bankruptcy things through a 9000000000 euro bailout from the German Government the airline is not the only one getting a lifeline from berlin germanys plan to deploy 500000000000 euros to hard hit businesses was approved on wednesday thats on top of 100000000000 euros in funds already ok. As i know it is set for tomorrow the good news is that brussels gave its green light to the Economic Stabilization fund that has been approved and decisions can now be taken on this basis and a highly simplified procedure. The fund is above all to sign for bigger and middle sized companies. That. The package is a mix of state guaranteed loans and socalled recapitalization and the government can use those funds to buy a companys sponsor stock like its done in the lufthansa bailout even with the spending spree the German Economy is expected to shrink 6. 3 percent this year but germanys fairing better than most of your out of the u. Economy is expected to contract 8. 7 percent this year. Meanwhile a separate e. U. Fund that would give 750000000000 euros in support to hard hit countries like italy and spain remains mired in controversy. Coronavirus has devastated revenues at german vehicle maker dimler but the manufacturer of the luxury mercedes brand is cautiously optimistic due to an upturn in china the mercedesbenz brand saw its sales plunge 1000 percent the 1st 6 months but enjoyed record sales in china and thats what chief executive linnaeus told a virtual Shareholders Meeting planning to step up its Cost Savings Program because of the crisis. Over to america now where after more than 200 years manhattan close maker Brooks Brothers is filing for bankruptcy protection as founded in 1918 the Company Claims to have put 40 president s in suits survived 2 world wars as well as casual fridays and a loosening of dress standards even on wall street but the company couldnt survive the coronavirus economic fallout from the pandemic has forced it to seek insolvency protection Brooks Brothers was one of the few National Chains that still made its clothes in the u. S. And not in low cost asian countries. And for more on this lets go to our financial correspondent younes quarter in new york. He ends not a huge company that were talking about the clearly one that has a certain residence in the u. S. And definitely has a history what happened to Brooks Brothers. Yeah and Brooks Brothers says 500 stores are world wide so theyre not to small either and well the president clearly hasnt make things any easier but they already had some issues before there was this tendency that people are dressing up. In general. That we had more competition sky high rents so that also was a debt burden for the company and now depend demick where even less people buy business clothes so that clearly was too much for Brooks Brothers all right everyone wearing sweatpants. Yes what about other retailers how are they being affected by corona. Yeah its an overall trend specially those retailers that do not have a huge show of Online Presence are really struggling Brooks Brothers by the way in the past year made about 20 percent of this sale online but we also just heard that bed bath and beyond for example is going to close to 100 stores over the next 2 years we had other really famous retailers like name in markets for example already filing for bankruptcy protection there is a little gift store right next to my Office Around the corner here actually its not that little so they paid about 100000. 00 in rent each month so thats clearly been too much thats an overall tendency soul that a lot of retailers big and small. Just concert by the pen demick and im pretty certain there will be more closures to come all right especially challenging as cases surge there. Of their force in new york thank you. Our lets take a brief look now at some of the other business stories making headlines. United airlines has warned 36000 workers nearly half its u. S. Staff they could be furloughed in october over 17000 flying staff and 15000 ground staff could be affected the carrier cant lay off workers before october due to their 5000000000. 00 in federal aid which is meant to help cover payroll costs. Airbus employees and home board protested the playmakers plan 5000. 00 job cuts in germany installing empty chairs and photos of threatened employees in front of their factory. Disruptions to the Aviation Industry has hit airbus especially hard its responding with a total of 15000. 00 job cuts across the company there are also protests in france. British finance minister rishi soon oxen here promoting the hospitality sector has unveiled a 33000000000 euro stimulus plan which is meant to offset an unexpected spike in unemployment due to depends emic i think whos a bonus scheme aimed at getting firms to retain workers as well as tax cuts for hard pressed firms inter ism and hospitality. To unlink harvest and now coronavirus affected export markets are eating into pakistans mango industry farmers in punjab and zen provinces say that a long winter and changing rain patterns have slashed production by half this year mango exports are 40 percent down to pulling in a record 80000000 dollars last year. Well pandemic is of course shed light on the lives of workers whose stories rarely get told and their next report brings us to north east spain were concerns for the welfare of fruit pickers from abroad are growing they come from bulgaria to pick nectarines destined for germany. Here in the town of frog in northeastern spain farmers have long relied on workers from abroad to help with harvest. This year conditions are especially tough. It is a bit complicated. Were all Wearing Masks and have to maintain distance from one another while the work. Was different last year this time its more difficult. An estimated 400000 undocumented people work in spain on a seasonal basis they lose from one time to the next taking whatever work is available here sleeping arrangements often look like this. 30 kilometers north of fraga is laid a magnet for Seasonal Workers looking for summer fruit picking jobs authorities here are especially concerned that the movement of so many people could lead to a rapid spread of coburg 19. This on the notorious li poor Living Conditions many migrants are used to has prompted them to convert the citys trade center into a makeshift shelter it has space to accommodate about 250 people. Generics are about 2. 8 meters apart from each other to guarantee the distance required to prevent the spread of covert 19 with. Despite the containment effort some 40 workers have a ready tested positive for the coronavirus. Fruit pickers on the front line of a Global Pandemic last harvest it would have seemed unfathomable now its part of a new and eerie reality. Well grounded a major Tourist Destination these days and youll see the electric scooters there admired for their convenience but hated for littering sidewalks might be a solution a tiny berlin based startup has launched solar powered charging. Riding straight through city centers whizzing around traffic thats the attraction of renting an east. But want to do when you run out of juice just drop it many people already feel aggravated by abandon scooters blocking streets and entrances to buildings. And start up in berlin has a solution the hard way east tutors can be parked safely while being charged by solar panels. We hope to integrate this into the micro mobility infrastructure of cities and provide an easy fast and cheap charging model one module per Street Corner where 2 or 3 scooters or electric bikes can stand getting charged for as long as the sun is shining unassigned in. The harbor also includes electricity output for smartphones and tablets a u. V. Light that can be used to disinfect the devices however the company stresses that it is not been proven that u. V. Light can kill the coronavirus. Shedden ability is by definition something thats shared different people touch it so it makes sense to disinfect now and then due to the pandemic many people of void public transport and prefer rental bikes and e scooters to avoid even more chaos by abandoned the scooters lying on pavements hubs like this one could bring order charge them sustainably and make them more popular. Or thats it for me and the Business Team here in berlin as always you can find out more about these and other business stories online at d w dot com slash business im sitting there as always thanks watching. Numbers of corona virus infections in Meat Processing plant. Treatment of livestock transmitted across europe. Terrible living and conditions for employees. How toxic is the meat industry. Global 3000. Next on d w. This is some noakes story a stubborn rice farmer from thailand. His problem pasts. His credo no chemical. Wife was crazy. And i bought ducks. Step. Step no. Orders. Are. Just stand a chance. The price is thriving the farmers free. The finest and production to top it off. Being successful. Just. Starts in terms of. The. Welcome to global 3000 droughts is on the rise in tunisia and water is becoming an ever more Precious Resource how a farm is back a pig. We look at the meats
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