comparemela.com

Of claret that anyone syntheses in the country that i dont. Need to see who could feed his grandmother. Its all about ok no im rachel joins me from the german sunday w. Post. A worrying sign for the American Economy new unemployment claims rise again as covert 19 case numbers surge can businesses and their employees hold on. And that case surge in the u. S. Is forcing airlines there to scale back plants talk to an expert about the precarious future of the aviation industry. Blowen welcome to the show im Stephen Beardsley in berlin good to have you with us russians are closing again in some states unemployment. Benefits are expiring and a series of affection bans are set to end the surge uncovered 1000. 00 cases across the u. S. Is threatening new damage to the Worlds Largest economy now as Congress Considers a new relief bill theres even more pressure job losses appear to be on the rise again 1400000000 americans filed for jobless benefits last week the 1st uptick since march california and police are not accepting any excuses here you have to wear a mosque and nonessential businesses must be closed the state is in lockdown again after a spike in cases only certain types of businesses can open rust wilson who owns this shop is one of the lucky ones but hes seen how the spread of the pandemic has ruined line 343 year. Lot of people here Community Relief devastated with 3 of them. Going through a. Fresh date around thursday shows the 1st increase in u. S. Jobless claims since march and its continued resistance to the measures in place despite the country not you know up a total of nearly 4000000. 00 cases safety is of course of number one priority but the shutdowns are unacceptable and theyre an acceptable because its taking a sledgehammer to a fly if you will it creates a toxic and vironment for the Business Community to where were not going to how small businesses. Help could come in the form of a new trillion dollar recovery package proposed by republican politicians its already controversial across the aisle it appears the republican legislative response to cold is on unifying and serious and satisfactory. It could take days of debate for both sides to move closer to a deal but the clock is ticking the current assistance for millions of americans is set to expire at the end of this month and as long as infection rates remain high the damage being wrought by the pandemic will continue to sprint. Or at the clock is ticking and with that lets go to our financial correspondent yens quarter in new york yes unemployment claims taking back up where is this rise coming from exactly well those numbers are not broken down by industries but by region and we saw the biggest spike in regions or in states like california where we had the biggest increase of your corner cases in the past couple of days and weeks but then its also not hard to imagine where we see most job losses the thoughts patella t. Its the Service Industry its the restaurants its bars im standing here on a parking lot of a big care furniture only curbside pick up so far so business is definitely not back to normal we also heard on thursday that the owner of their fashion chain. And taylor actually had to file for bankruptcy protection. In should we expect these new jobless numbers will add to the urgency in washington to pass a new relief bill. It clearly shows that washington still needs to do more and most economists and also the Federal Reserve are actually asking for more federal spending the big question is where and how to spend as weve talked about a couple of times next week the program is coming to an end that people who are unemployed receive weekly extra of 600. 00 that the program will probably not be prolonged republicans might not 600. 00 extra per week but maybe just 100. 00 maybe a one time check of 1200. 00 for american taxpayers so thats whats in the air but if you look at the overall picture about 30000000. 00 americans receive unemployment aid the one way or the other and its pretty likely that we will see more we do not know especially when Congress Actually might find some Common Ground and then the overall question also remains how strong the u. S. Economy really is or how strong the comic because been so what will happen of all those federal money and all those extra aid will vanish that will really tell the story hold strong the u. S. Economy is to corona or in the midst of the corona crisis already growing urgency there in the u. S. Court in new york thank you and lets take a look now some of the other business stories making headlines. Space x. Is reportedly in talks to raise up to a 1000000000. 00 the funds would lift the companys valuation to 44000000000. 00 and it would allow the Rocket Company to launch commercial operations of its star link Satellite Broadband Service as well as conduct itself orbital and orbital test flights of its launch your vehicle. Thousands of air bus employees gathered outside a factory near madrid on thursday to protest against a Restructuring Plan that would cut around 900 jobs in spain in 1000 pandemic has led to a sharp drop in demand for the planes and systems that airbus produces. Well to top airlines in the u. S. American airlines and southwest say theyll likely scale back their plans to roll out more flight routes in august and september as the number of coping 1000 cases in the country grows the news is yet another blow to an Airline Industry in desperate need of increasing its flight numbers. July is usually high season and Londons Gatwick airport not to be crowded with vacationers eager to fly to spanish and italian beaches but in the midst of the pandemic there are just a few tourists here. Yeah it does you i stevie wait isnt it is i could be anyone here but i never lead them on yet you want to toss anything that is just a bit confusing and scary. In june only 11000 passengers pass through britain the 2nd Busiest Airport after heathrow a year earlier there were over 2000000 passengers here many are afraid of flying during the pandemic e. U. Transport ministers want to minimize the risk of infection and have agreed to require passengers age 6 and above to wear a mask another key measure is social distancing at airports during security checks and check ins and the ministers want more fresh air to be introduced continuously during flights but the middle seat does not have to remain empty cast wrapped Airlines Want to be able to sell all of their seats 2020 will go down in history as the worst year for global Aviation Airlines are expected to lose more than 74000000000. 00 euros this year according to the International Air transport association probably we will have less operate sure enough there it is so the industry would have shrunk. By that day which is not good news for everyone is that going to see if its not good news for us and just because it means you know a Restricted Office less this nation less competition and the sector is likely to see more hygiene measures from touchless luggage tag printing to temperature measuring devices the pandemic is certain to change the way we fly for many years to come. And earlier i spoke with an aviation expert with airborne consulting i began by asking him about a new report that emirates would pay for the medical bills of passengers infected with kovan 19 presumably during their flight i want to know if that was a practical model for the entire industry. Is the i think its a good its a good marketing activity what theyre in should you singer and if we look at our country so they have a long tradition of on the health care for employees so i think its a consequence of this but at the end i dont really think that its practical or look so should be questions need to proof ok whether you get the infection on the flight after the flight 10 days after the flight in the hotel before whatsoever so i think at the end its very difficult to really execute this and we know the airlines are burning cash right now when can we expect the industry to return to a sustainable level of travel. Very good question at the moment nobody really knows so if we look at the figures ok so for example your control says. No we are true 2 percent compared to 2900. 00 and of the year. They take will be at 80 percent but the winter is the load dumont anyway so. It will still keep a low level from my side i expect and its a significant recover but not the total recover earliest beeston next year. Or it and in the meantime what structural changes do we see airlines making to adjust to this new reality. Am so the demand is slow on the demon still will lets say continue below so all airlines have to restructure and it starts with a fleet of course the capacity so they have to lower the capacities but at the end they have to really restructure the network and have to eliminate all mostly unprofitable routes so when we look into last years and profitable routes were certain they could afford it because of the overall profitability of the network but to date they need the cash than it to liquidity so they have to look very carefully on all the routes where where they might it burning more cash and they will eliminate it so at the end i think we will see a much lighter network in europe but at the end also worldwide. And that was gerald bizzle of airborne consulting he joined us from hamburg and finally a german chocolate maker has won a 10 Year Court Battle to protect a special trademark the countrys top court of river sports protection of its where shape the confectioner built its brand around the shape square to fit a man sport jacket hence the name and register the trademark in the 1990 s. On the losing side was german rival milka which has incidentally trademarked the purple shade of its wrapper. And 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 www dot com slash business to check us out on facebook and twitter im Stephen Beardsley as always thanks for watching. Drugs weapons human trafficking. Near naples where the nigerian mafia on the rise. How did it comes to this. Is behind it but according to the leading insider to the. Business there its really tough focusing on europe. Bloodlines to us is on its way to bring you more conservation. How do we make cities greener how can we protect habitats we can make a difference googling to see the mental syriza concluded from folsom d. W. Gone mind. To the point. Opinions clear positions international perspectives. After 4 nights of heated negotiation the leaders reached agreement on a 750000000000 euro recovery package its being hailed this historic in principle will it prove so in practice i find out on to the point. Counterpoint. In 60 minutes on the t. W. Literature invites us to see people in particular that i like to see myself as the kids find the strength grownup. Might object to the sheriff. Who does the books on you to. Look up the. Hello and welcome to focus on europe thanks for joining us today look around a crisis has overshadowed many important issues that were meant to be top of the odds and up for europe in 2020 such as

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.