Those women back home full of bones made in 2000 and social norms and inform them of old dead bees and why. My name is them out of the hood and i wore. Harley davidson takes a sharp turn americas best known motorcycle maker is slashing jobs as it tries to reverse its falling fortunes. Also on the show france isnt eating enough cheese now its piling up we have the details. And its the worlds most expensive parasite for that right now the highly coveted caterpillar fungus is a vulnerable species. Welcome to the show im Stephen Beardsley in berlin American IconHarley Davidson is cutting 700 positions worldwide as it restructures to its to save costs the company said the decision was based on long term factors and not the coronavirus pandemic which has temporarily closed its factories and is still affecting production sales of Harley Davidson motorcycles have been falling for years in the u. S. Companys core market especially as baby boomers age the milwaukee based company employs 5600 people worldwide. And lets go now to our financial correspondent yens korda in new york yes is Harley Davidson in trouble well i mean overall you would expect that during a pandemic riding a bike is pretty good for social distancing but as you mentioned the reason for those layoffs is broader restructuring efforts specially to resonate with younger riders so yes holly is in trouble for quite some time already and you also wonder. Which the corona why is the crisis with a global recession and also in the u. S. With huge debt load some also with consumers and how many people will actually spend 10 thousands of dollars to buy a new motor bike and of course we should mention the holy davidson was involved in a lot of the tariffs back and forth between the u. S. And china one of those companies that was sort of singled out speaking of job losses theres more bad news on this front for the u. S. What can you tell us. Well 1st of all on thursday we got the weekly unemployed figures and they were not as worse as they were expected but theyre still not good for the 15th consecutive week we had more than 1000000 americans filing for unemployment rates and the consecutive. Years for getting aid stand at a good 18000000 also less than expected but still really not great so this is one side of the medallion but then we also have all those on it dolts not just with ali but in the pos couple of days back bath and beyond for example the retail chains announcing that in the next 2 years they will cut 200 stores this week we heard from United Continental that they might furlough 36000 people we heard from Brooks Brothers this more than 200 year old chain that they are filing for chapter 11 walgreens big drugstore also announcing layoffs we heard the same from all over the place we hear from more and more companies that layoffs are planned or will happen so clearly the situation on the u. S. Labor market is definitely everything but good at this point all right a Bleak Outlook there yes quarter for us in new york thank you for europe now eurozone members have chosen irish finance minister Pasqual Donahoe to lead the blocks financial policy making arm the euro group donahoe styled himself as a consensus candidate for both northern and southern single currency members and had the backing of european conservative parties he best in Spanish DeputyPrime Minister nadia calvi know who is favored by Southern States like france and italy done a whole now oversee the e. U. 750000000000 euro coronavirus recovery plan. German industrial giant siemens has one shareholder backing to spin off its Energy Subsidiary part of a larger move toward a coal power free future over 99 percent voted in favor of spinning off the unit which is valued at around 17000000000. 00 euros now energy which includes oil and gas gas turbine and Power Transmission divisions could be launched as soon as september simmonss long sought to shed the division into wood into a separately listed company. And heres our frankfurt financial correspondent conrad with his take on this move the Energy Business that siemens wants to spin off consists for lots of part off technology for power plants that are driven by fossil fuels by coal and gas not an easy sale in times which are all about Renewable Energy but the unit also contains a message which is the wind energy unit events and a spin off would make all kinds of different strategic opportunities possible for the unit which are impossible right now for example the merger of the business with a competitor also convinced that what is going to remain off steam and the digitalisation business the Railway Train unit and the medical Technology Unit will have a much better standing on the Financial Markets the spin off. Or a financial correspondent conrad goes in there for us and frankfurt lets take a brief look now at some of the other business stories making headlines. French train maker ill stop has offered to divest parts of its business to ease European Commission concerns about its planned purchase of Canadian Firm rail business last year the commission blocked plans and merged with the real business of german industrial giant siemens. Disneyland paris will gradually reopen from july 15th following a 4 month closure due to the corona virus while mickey and donald wont be Wearing Masks the staff will be its also mandatory for visitors along with advance booking disney says the paris park accounts for over 6 percent of frances tourism income. While executives had to have defended the Chinese Companies cutting Edge Telecoms Technology the u. K. Parliament terry hearing always faces increasing pressure from a u. S. Led campaign aimed at persuading allies to shun its products over espionage for years while we insisted at the hearing that there are no back to words and its products. Science is planning to ramp up production of its antiviral drug rim does of beer thats according to the companys germany the drugs been shown to alter the course of covert 19 its been approved by the European Union but the u. S. Has bought most of the global stock for the next 3 months german car maker volkswagen could face a new wave of lawsuits the European Court of justice has ruled that owners of cars in the e. U. With the emissions cheap devices consume folks wagon in their own countries and not just in germany admitted in 20 fifteenths using Illegal Software to cheat on emissions tests. Well piles of potatoes vats of unpurchased produce around the world has piled up in recent months as pandemic lockdowns take away traditional buyers such as restaurants and export markets now its french cheese thats affected a cultural commodity as well as a big industry. More brie that he knows what to do with lockdown measures in france have made it hard for morgan coupon to sell his high quality soft cheese now its past its peak. As of today we have a 1000 more batches of pleated more than we need theyre drying out at the moment and really theyre no longer actually fit for sale. Morgans usual buyers include restaurants and markets in paris and surrounding areas he produces a 1000 tonnes of brie every year and pieties milk from a nearby farm he couldnt bring himself to cancel the orders as you want me to say could follow direst we cant just council all our milk orders even if it will be very hard to find buyers for this cheese. Cheesemonger is across france are experiencing similar problems a 1000 tonnes worth of teeth is currently in storage the only kind being bored is the regular stuff you get in the supermarket restaurants have recently reopened which is especially good news for artists and cheese makers who havent been able to rely on station 8. Minutes measures no matter how big are very important the survival of an entire sector is at stake. The hope now we sought after locked and the french appetite for arses and cheese will be bigger than ever. Already its a fungus that eats caterpillars and its prized by the chinese for it suppose that medicinal qualities. Now over harvesting is threatening the caterpillar fungus and the prices are rising. Prices for caterpillar fungus range from 25 euros a gram to 250 depending on things like size shape and place of origin the beijing manager of the company claiming to be chinas leading producer says people used to buy caterpillar fungus manias gifts but no more for themselves. Caterpillar fungus has been accepted by more and more people who are wealthier than before they are paying more attention to their own health care than ever before to many products of caterpillar fungus have become homeless as cities. And fungus is a parasite that preys on caterpillars absorbing all the nutrients from its host during summer until it dies 73 year old dr of traditional chinese medicine lead him in says it is recorded in ancient traditional chinese medical books but that its not something that can cure a disease. For the better if it works on people in a slow manner. Its not like youre sick with your lungs and your kidneys and you take caterpillar fungus and you get well its not like that. Its something that works on you through a long and slow nutrition process. However with traditional chinese medicine increasing in popularity caterpillar fungus has become a lucrative business which has led to over harvesting and populations falling 30 percent in 15 years. Now the International Union for conservation of nature has classified the fungus as vulnerable just one step away from endangered. And thats it for me and the Business Team here in berlin as always you can find out more about these and other stories online at www dot com slash business digits out on facebook and twitter im sitting here its a choice thats watching. Justice for the victims. For. The human rights advocate wants to identify. A 1000 times. This huge undertaking is still underway 25 years after the infamous massacre of Bosnia Herzegovina some kids on the. Next on. The point of strong opinions clear positions international perspectives. With corona infection surging in the us president trying claims 99 percent of all cases are harmless americas struggle with the virus threatens to spiral out of control corona in the us trumps downfall thats our topic on to the point to the point that. In 60 minutes on the t. W. Passionate drama competition rivalry marketing numbers atmosphere the fight thats hard intuition love hate money. Fans primes fire stamps and fans. To go off on you tube join us. First group to get over. Im sure that of us are. In support. Of a. Degree of. Hello and a warm welcome and to focus on your up show and its great to have. Company so far the coronavirus pandemic hasnt affected germany as much as it has many other countries but the danger isnt over yet 1000 hotspots are still popping up in different parts of the country. Germanys biggest Meat Processing company 10 years had to be shut down because of an out