More east. We can make a difference by choosing reforestation overdue for a station recycling over disposable Smart New Solutions oberstein said in our earth is truly unique and we know that the uniqueness is what allows us to live and survive on the globe why do you assume the a modern mental soon soon global 3000 on g. W. And all ma. The cup. On the money and i think u. S. Economy that will reserve chairman Sharon Powell on he u. S. Treasury secretary stephen and you should present a contrast in views of how america is fairing during the contest. Also coming up forget about sour grapes these ones are scorched us wine growers fear for their livelihood wildfires ruining their harvest. People shun buses and trains bikes are everyones new favorite form of transport but council acquires a keep up with. The business im Kate Ferguson thanks for joining me we begin in the United States where the architects of the countrys economic response to the coronavirus are in the spotlight u. S. Federal reserve chairman Jerome Powell and the treasury secretary stephen minutiae have both faced questions at the opening of the Financial Services committees 3 day hearing the focus is on what is valuation the governments 2 trillion dollar stimulus relief package and on assessing the shape of a future recovering lets take a listen to what both men had to say about how they feel the u. S. Economy is fairing. America is in the midst of the fastest economic recovery from any crisis in the u. S. Your august jobs report showed the economys gained back 10600000 jobs since april nearly 50 percent of all jobs lost to the america the Unemployment Rate decrease to 8. 4 percent a notable achievement considering many people thought it could get as high as 25 percent both employment and Overall Economic activity however remained well below their creep endemic levels in the path ahead continues to be highly uncertain our Business Correspondent and squad to has been following this hearing for us he joins us now from new york. That was quite a contrast in tone we heard there give us your take on what weve been hearing from new holiday. You know actually earliest of newton is not wrong when he talks about the fastest recover new recovery where did not really mention that precisely was that before we saw the biggest drop in the fastest drop especially in the history of the United States but even in this part of the Current Administration so its no surprise that specially so shortly before the election hes mentioning more whats going right and not whats going wrong and then on the other side chairman Jerome Powell of the Federal Reserve is independent from the white house so he could be a bit more specific and he also mentioned that there are still about 11000000. 00 americans without a job that the job losses weve seen in this crisis exceeds by far what weve seen during the financial crisis and he and he mentioned the u. S. Election there its just 6 weeks away is there any hope of lawmakers agreeing on a new relief package before then it doesnt seem very likely and then we have to see how majorities are even after the elections we shouldnt forget its not just about the president but also about the house of representatives and the senate if thats going to change after november 3rd im standing here on a local street a retail street in brooklyn and just from where i stand i dont know how good you can see it retail for lease there 12345 retail spaces. So not occupied and we just heard from ralph lauren the fish and shane that theyre going to cut their Global Workforce by 15 percent so one thing is certain much more needs to be done a picket clearly is needed here in the country but im very skeptical that we get anything done and at least before november 30. So many people are waiting on the that help yet squat in new york thank you so much. Facebook is coming under increasing pressure over how it handles the deshaun of its more than 400000000 european users Court Documents seen by vice detail the companys objection to concerns raised by Data Protection authorities in ardent where the company has its European Headquarters present facebook transfers information about its european users to american the based servers the data has a high value as its used for arch targeting but irish regulator is the fear that u. S. Government could use it to spy on europeans. As wildfires continue to burn across the western coast of the United States many wine producers in the region are seeing their harvest ruined in many cases their greats have absorbed too much smoke to be salvaged leaving them with an unpleasant charge taste with the typical wildfire season only just beginning the true impact on the countrys 70000000000. 00 Wine Industry wont be known for months. Comes and vineyards in oregon normally the picturesque source of some of the best ones in the u. S. But the constant pall of smoke is threatening this years harvest. This is probably on recoverable im going to try making some noise. Im skeptical at this point that its going to get to bottle the just the density of the smoke that weve had these past 2 weeks has been. Astonishing. The smoke doesnt just deposit particles on the grapes it seeps into them as well it cant simply be washed off. Your resulting wines can taste and smell overly ashy or smoky and obviously thats not a character most people want to know one. Definitely not which leaves of in an adjacent hansen despondent 90 percent of all. American wine. Gosh thats crazy. But its probably even crazier that this is on top of pandemic can you know our tasting rooms were closed for a few months this year that didnt help. So. You know who now has a lot of growers here sell their grapes to one producers but they cant be sure they should even risk processing the grapes at all it could leave them sitting on a years worth of bad wine so even good grapes might not find buyers i think these wildfires are likely are going to be without question the single worst disaster the wine grape growing community has ever faced joe its going to be a real struggle for many people to make it through this year for years hard work going to waste for many here like a task for a fee that could see several growers and producers go out of business now to some of the other Global Business stories making news. Intel says its been given the green light to continue supplying certain products to while away the news comes after the us introduced new export controls that prevent firms from supplying the chinese tech giant with Electronic Components that use american technology. German chemical giant b. S. F. Is planning to cut 2000 jobs and its newly created Business Services unit the company is sitting on a nearly 900000000 euro loss for this year due to falling orders from the automotive industry. The International AirTransportation Association wants governments to speed up the development of the virus tests the lobby group says developing instant tests which can be administered in airports is key to protecting passenger safety on of restarting the stalled airline industry. The coronavirus has put many people off public transport leading to soaring demand for an eco friendly 2 fields alternative demand for bikes is growing faster than many suppliers can keep up with at the Worlds Largest bicycle maker giant in taiwan its all hands on deck so cio owns a bike shop in taiwan increased demand has eaten into the supply of bicycles in this stockroom. So we used to purchase childrens bikes 3 times a month. Now we only receive those folks once a month and we dont have enough to sell. Could many in the industry know what the time when these retailers are experiencing. The worlds biggest bicycle maker giant is based here its sales outside of taiwan are booming too. In the 1st 7 months of this year giants bike sales increased by nearly 30 percent in europe and 20 percent in the u. S. And china compared with the same period last year importers report that their inventory has dwindled from a 3 month supply to just one month. While the man outpaces production all time can do is to push cash here them for now. I want china and then now that they are all pretty the same close to their Maximum Capacity and experts dont see the demand slowing anytime soon. So things users realize that riding bicycles is a good way to be eco friendly. But its also more recently the pandemic also changed peoples habits and boosted the demand for bicycles. So im optimistic. I would suggest the bike in the street expand its capacity steadily based on their perception of their own capability wouldnt you that your clue is a good one for now giant is sticking with its current production scale bike retailers like size cio will have to keep waiting to restock and hope customers will keep coming anyway at the moment it looks like they will. And finally indias famed monumental love the 17th century white marble taj mahal has reopened to visitors after being close for 6 months due to the pandemic its not quite the usual experience though only 5000. 00 visitors are alive and daily that a quarter of the usual number of mosques are compulsory is having your temperature taken. Im not fit for me thank you so sure watching. The elite after the hard. Fresh fruits ought to end up in the garbage instead of the supermarket. That should change with appeal in the liquid that increases the soap life of food. Is this the way to avoid food waste. 3000. And 60 minutes. 5 years of conflict so 5 year olds are getting little clue through the course of doing. Because thats where the free press stuff is unique so coming back to those. Are you concerns for not concerned. The school gym sebastian the center chilling chaikin solo part of the mother earth love those of the government why not just investigate i mean just to get the christians you would bring somebody feeling from small credible comes from doing the colorful. We can seem dumb. Sometimes the sense of. What connects people is stronger than would separate still. Has some strong critic. We celebrate the 30th anniversary of germanys return. To preserve the w. Cut. This is did every news africa coming up on the program the big one in mali a former colonel has been hauled out of retirement to lead modest Transitional Council to ban dole is a towering fake up with strong links to the army so how will breach and will need those who wanted a civilian in the job to react to his appointment. And the doctor selfwill seen here in alt well show you how the