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Growing inequality. Welcome to d. W. Business i want to get jones in berlin good to have you with us. And the british pound rose 1. 7 percent against the u. S. Dollar its biggest jump since march that of course as britain and the European Union move back to the negotiating table now that move comes after the chief negotiator offered asked london put it all if branch its a last ditch attempt to strike a deal to avoid a messy breakup at the end of the year only a few days ago british Prime Minister Boris Johnson threatened to quit talks on unless the bloc offered a quote fundamental change in policy. And all of this comes as u. K. Government borrowing is source amid the coronavirus pandemic taking public debt to its highest level since 1960 and the increase borrowing to total public debt above the 2 trillion pound. Or 103. 5 percent of g. D. P. Though in comparison germanys finance minister expected to make up just 75 percent of by the end of the year the European Union as a whole is still fairing better than britain if only just was dead predicted to reach 96 percent of g. D. P. By the end of the year thats according to e. U. Statistics however the dual challenges of the pandemic and breaks it certainly weighing heavily on the island nation and for more on that lets bring in hoggish meeting chief economist ed to bear him back bank good day to you lets start with brakes and 1st of all we know that talks were stalled and i just mentioned that the british Prime Minister had threatened to walk away from talks unless the e. U. Would sort of change fundamentally fundamentally change its policy that talking again so whats changed fundamentally then. I dont think that anything has really changed fundamentally but both sides seem to have realized that the message of course is not what they should be going for so both sides seem to have reassured each arthel that they are ready to make some compromises but the compromises probably still have to be made to go through the very fact that both sides are talking again is a positive it means that the chance of actually getting at the and hence an orderly instead of a message because that chance is no probably 50 percent at least of course nobody wants and needs a messy divorce now especially when we look at the coronavirus pandemic everybody is going into debts that we also saw but while even Member States can hopefully rely on brussels for some support britain cant a bigger problem is that for the economy there. That is actually not a problem for Britain Britain remains one of the stronger economies in europe despite brics it if they dont get the brics it completely wrong then the british economy should be able to grow enough in coming years to start we kucing 1st the fiscal deficit and then hopefully the debt again the key is that britain in the future opposed to School Policies which are good for Economic Growth and hence good for tax revenues higher brix it that is losing access Privileged Access to the e. U. Market would of course make that more complicated all right in the meantime however we still have the pandemic and there are more lock downs to come in britain being hardest hit by the or sudden one of the hardest hit countries by the pandemic where is the Silver Lining right now. In the pandemic there is no clear Silver Lining at the moment but we do have the experience from the us and also from europe that for me the rise in infection is followed only by a much more modest lies in serious medical complications than in march and april also we have had medical progress we have the experience from april may that the 1st wave of the pandemic was brought under control so we know what needs to be done and probably the measures that are being implemented now will make a difference after obeid you write a fairly optimistic call this meeting there from their big bank thank you so much youre welcome thank you. Now staying in britain and the north of england there is particularly hard hit by the pandemic there one lock down seems to blend into another hurting the local economy and now Greater Manchester shut down yet again. Manchester is going back into lockdown on the orders of Prime Minister barak johnson and against the will of the citys mayor andy burnham from friday there will be strict limits on going out and pubs restaurants and moshav will close in the goshi ations with the government we were prepared to reduce our request to 75000000. 00 and we even were prepared to go even lower 65000000. 00 is the minimum to prevent. When real hardship here is what we believe we needed to prevent poverty to prevent hardship to prevent homelessness. The lockdown will hit the working class city of manchester particularly hard as many monk unions live in poverty and unemployment was high even before the pandemic other cities in the north are also affected. Earlier we have the restrictions the in those areas where there is only instance the better for the economy of those areas because we stop the infection spreading in a way which will do further damage to the economy. Infections are rising dramatically in wales scotland and Northern Ireland as well lockdowns are also planned in these regions local authorities are angry but the government insists its necessary to stop the virus affecting the whole country. Another problem is rising inequality across asia that could finance social unrest and push tens of millions into extreme poverty the International Monetary fund has warned the i. M. S. Asia Pacific Region Economic Outlook predicts this is regional growth at minus 2. 2 percent the Organization Want to that asian governments must take urgent action to put in place a social safety net its ific region as inequality in asia had been rising even before the crisis and the pandemic is hitting those at the bottom even harder than the rest robot ization which is already well advanced in asia may displace even more lower skilled workers Going Forward the resulting higher levels of inequality could even lead to social unrest. Well for more on that im joined by executive director of the asia pacific chief economist at i. H. S. Market in singapore good to have you with us weve already seen farmers and what has protesting in india in indonesia people protesting against the royal system in thailand and beijings actions in hong kong the whole region seems to be in aprile you as an economist how worried are you about that i think clearly this year has been the worst year for decades for the region because of the impact of the pandemic and particularly because of severe lock downs in many countries around the region so well be here of negative growth but we do expect quite a reasonable rebound next year 1st of all china is already growing quite well in the 3rd quarter we saw just a few days ago that chinese g. D. P. Is growing by just around 5 percent year on year in the 3rd quarter and we see also in the Economic Data that many other countries are rebounding so next year should be a year of positive growth as long as vaccines are available right and are beginning to be rolled out but the problem is that the issues of inequality remain very severe this year its been there before as we were told by the m. F. Inequality is a problem that seems to be ongoing and growing and the i. M. F. Study says the governments must take action but what exactly can they do. Well what weve seen this year is that in many of the lower Income Countries in a shop. Millions of people have lost their jobs in the Informal Sector and also in formal charges as well and many of these low Income Countries dont have the social welfare and that set dont have the fiscal ability to fund such welfare systems as say in europe so theres been extreme economic shocks for the lowest income people and i think this year weve seen going to see a huge increase in poverty so hundreds of millions of people will probably be who wish to enter poverty by the pandemic and the lock down ok thats a business their executive director and i mock taking in singapore thank you so much. Thanks. The coronavirus pandemic as we just heard has hit several sectors including the gunman sect in asia Many Enterprises there have had to lay off workers because of plummeting retail sales in key export markets like europe and the americas a 2nd lockdown was closed retail shops is the biggest here in asia these workers just outside the jordanian capital amman are lucky they still have a job most of the 76000 workers in the garment sector here are migrants from bangladesh pakistan and syria they know if they lose their jobs theyll have nothing theres hardly any assistance from the government. Were seeing are temporary in some cases permanent factory closures so many workers for actually left without work and in many cases without income and those factory that reopened they did not we were going to full capacity some some were actually not called back to the factory you have also seen reductions regis and. Comments will. Many workers have accepted pay cuts of 20 percent and more to keep their jobs they all know friends who were fired and who are still waiting for up to 6 months of pay not knowing if theyll ever get their salary experts are calling for international assistance. And what needs to be done to support workers and enterprises during this crisis and the International Coordination on stimulus packages and that relief measures we need to be very central to this in ensuring that the recovery is nobody affected but sustainable especially for lower Income Countries that have humans and fiscal space in jordan the garvan industry is the largest export sector it accounts for almost a 3rd of all exports sluggish demand abroad hurts the country and most of all these workers. And quickly a look at some of the Global Business stories making news. Tesla has reported its fits quarterly profit in a row along with a record revenue of 8800000000. 00 the stronger formants was driven by an increase in vehicle deliveries and sales of environmental regulatory credits to other comics. And the home a truck a symbol of the gas guzzling excess that predated the 2008 recession has been reserved acted as an electric super truck the new green version is set to go into production late next year. Thats your Business Update on g. W. From me and the g m a villain thanks for watching. Combating the corona pandemic. Where does research stand. What are scientists learning. Background information and. Our corona. Coded 19 special on d w. In the. Climate change. Good Summer Service 6. Years today how far the future of. The dot com for the mega city. Guests click the shutter. Island. Weve been told what to watch out for fever. A loss of taste or smell a dry cough just some of the symptoms. But the effects of covert 19 on the body can go well beyond those and run much deeper a disease that begins in the lungs can have a profound impact on many parts of the body for some the effects can be long lasting. And the wrong many people since it was what we called a lot of people are having Health Consequences after they are all of us wish to recover from the infection most covert patients recover within weeks but some have been living with the effects for months exactly how long it can last we have yet to find out could covert 1000 be a disease from which some of us never fully recover. And this is the w. s covert 19 special hello and welcome to the show im Stephen Beardsley in berlin 26 weeks thats the typical Recovery Time for a covert 1000 patient at least according to the World Health Organization but after all researchers are trying to figure out why some Patients Experience the disease more seriously and suffer more long term consequences is the story of one such case. Eric alderman is struggling to return to normal life the 51 year old was infected with couvade 19 in march it started with a cold and a bad cough and then a trip to the emergency room he was in an artificial coma for 2 and a half months now hes being treated at a neurological rehab clinic in the southern german town if. He has to relearn everything walking talking even how to set up or if they can have their father had no preexisting conditions. Nothing. I came straight out of the blue. I hadnt been abroad i hadnt been on a ski trip. My friends were fine. Well i just dont know how i got it. Hall. Alderman is a Sports Reporter for a newspaper helping him get through all this is positive attitude and the support from his family his wife and his 4 children. 3 pastoral it was touch and go oh. There were times when i i almost didnt make it. They are hard. Then you all are just treating aardman doctor friedly from rosen diagnosis or rebuild their dysfunction which can be directly attributed to the 1000 virus he also has car tissue on his lungs and no one knows if hell ever recover from. It we see patients who developed weak hearts which they never previously suffered from we see patients with liver impairment which only slowly returns to normal function we see patients with distinct muscle paralysis due to nerve damage which only gradually heals us to see others whose muscle paralysis quickly subsides so we see quite a wide variety of symptoms affecting different organs. Or gone. Research on the illness is going on everywhere including at the clinic in nuremberg in the meantime its become clear that the virus does attack the brain it can even cause strokes and make a persons immune system overreact. Its an illness that in many respects is unique and we learn new things every week and every month about it and will only be able to look back in a few years in order to say what weve done right and what weve done wrong. 10 percent of patients have a hard time with this disease just like Eric Alderman has 90 percent to recover even if it does take some time. Eric all those wife told us recently that her husband continues to make progress since the story was filmed and can now feed himself again speaking and walking remain difficult however the good news is that he has been relocated to a clinic much closer to the familys home or lets talk about more about Recovery Times with yon higgs hes a special for pulmonary medicine coleader the post covert 1000. 00 clinic at the university of hamburg Medical Center thank you for joining us is there such a thing as postcode syndrome. Well apparently there is right so we have reports of. Thousands of patients reporting long term effects after the disease ranging. From t. Mental problems but also restlessness so yes we have to say there seems to be Something Like that. Are we talking about the damage from a serious case of covert for example of lung damage your heart damage or are we talking about an ongoing pathology for example some people saying that theyre smell and taste go again months later. Thats the thats the basic paradigm so that the virus is causing cellular damage and these this damage then translate into long term effects and long term problems but there seems to be an additional component to that that is not just explained by the direct cellular damage that we have to figure out and we know from many viral diseases that there are long term effects there convalescence coming along. Might be neural problems so what we really have to figure out now is what specific to the virus whats the visual but nevertheless i mean we we have probably thousands i mean given the. 40000000 infected people we probably have hundreds of thousands of people with. Patients of lung covered so thats going to be a real burden to our Health Care Systems and we have to figure out a way to see these patients are clearly going to have them what are the common symptoms or conditions that were seeing that might be loved under long covert. Well basically were seeing a whole variety of symptoms so you might even call it a syndrome because basically the most commonly reported symptom seems to be for teak but short of breath headache joint pain. I read so muscle pain so theres a lot of things but also we have anxiety we have a Cognitive Impairment so that is really a whole variety of plethora of symptoms that were dealing with and that makes it so difficult to basically. Treat the patients well because it is i mean we need a lot of specialists to really take care of the patients at the beginning of the study a 2 year study i have to ask you even though youre at the beginning do you have any sort of results or any sort of trends that youre seeing right now that are applicable to how we look at long coven. Obviously since we just started a couple of weeks ago we dont have any solid data and that is basically the main problem were dealing with all around the world in. Long covert so what were seeing is which is interesting so the disease in our core is not associated naturally with the severity of the acute infection so we have patients who are totally fine now after as you showed in your in your and movie in had a severe disease with acute london damage and still they recovered completely so now the lung function are totally normal the patients are feeling better than ever but on the other hand we have they have seen pinned patients with mild disease who are doing terrible right now they cant recover and are really theyre unable to work so that is a big problem and we dont know how that belongs together but others have shown that basically women seem to be at higher risk to have more severe long it if youre older you seem to be at risk to have long coated but really we have to find out whats going on and thats why were trying to investigate for 2 years how these symptoms evolve and how. How we can help patients best at the beginning of this pandemic 1000 was really described as a respiratory illness based on what we know now how would you describe it. Well it certainly starts in the lungs and we know that in fact the blood vessels and the kidney as a main target of the acute disease but from the long term symptoms the long term effects it seems to be a syndrome so it seems to really affect every part of the body so far the muster system the cognitive system even the psyche is part of it so. It is it is something that we really have to be really have to look into how this is. How we can help these patients and really how we actually are able to see all these patients because this might delay them these patients might be in the hundreds of thousands or a on her legs at university homburg Medical Center thank you so much thank you thanks very. And now its time for your questions its the part of the show where our science correspondent Derrick Williams as the questions youve posted for you tube channel over to derek. If youre diagnosed with coverage 19 and a recovering at tire what measures should you take to prevent your family from catching it as well the last thing you want to do if you catch cove at 19 is give it to your friends or family unfortunately that can prove challenging if you live in the same household on the Positive Side the evidence we have so far indicates that after your symptoms appear with every day that passes youre likely grows less infectious though its still grinding its way through studies at least currently we think that maximum infectiousness hits around the 1st day that you show symptoms if not before so if you tested positive after you developed symptoms and are now convalescing at home and the people around you have tested negative then the likelihood youll infect them should as a rule drop by the day heres what authorities recommend you do 1st no visitors of course and both you and caregivers should wear masks and any interactions even if its hard stay as isolated as you possibly can preferably in your own room with a window that can remain open if temperatures permitted door closed try to only eat there as well a dedicated set of silverware and plates is a good idea if you have the option in your home of multiple bathrooms and toilets then dedicate one to your use limit contact with caregivers if at all possible they really should belong to a High Risk Group theyll need to disinfect regularly leave any dirty laundry or bed linens unwashed for as long as possible and finally dont forget that caregivers will. Also need to quarantine for as long as Health Authorities require even if that means long after your own symptoms have improved. Science correspondent their claims there dont forget that you can post your questions to derek on our you tube channel and if youd like to keep up the latest developments in the crowd of virus to subscribe to our newsletter just log on to be dot com slash kuroda dash newsletter. Thats all for us thanks for watching. The. Path to silence in the. Bronx it is threatening frank and languages Family Business like many english sheep farmers in business depends on european explorers without a Free Trade Agreement with the e. U. That consumed all be over and just like the future of farmers in their street only time tell. Focused on europe. In 30 minutes on w. Entered the conflict zone funding the powerful. More than 2 years ago the new government in armenia came to power in a socalled velvet revolution with the hope of fundamental democratic reform my guest this week from iran is armenian Foreign Ministers are up manasseh kanya how much responsibility does armenia backs for the conflicts escalation conflicts of. 90 minutes on d w. Its their obsession for spectacular pictures. Its their passion for nature. Its their complete devotion that makes them the best Wildlife Photographers in the world. This amazing. Logic. Confrontational. And stirring. 5 adventures. One goal. In the preservation of our planet. Is not a sinister garden trees and saving pandas are for. Us thats the danger of surat. For china starts november 6th on g. W. Play. The bass. Player. Play. Bass is the deputy news live from Berlin Germany races to keep corona virus infections under control as caseload surges daily infections have jumped to more than i let and 1000 and the German Health minister jentzsch com says hes tested positive for the virus also on the program peer opinions top human rights prize goes to the belarus Opposition Movement makes one of the politicians fighting for democracy and enter oppression in the country. And protesters pushed

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