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Years at the helm of siemens and activists point to massive human rights violation in violations of western china. Volkswagen plant their welcome to the show. Im Stephen Beardsley in berlin. The used to largest economies are signaling more help for business. As rising covert infections keep their countries in lockdown, french finance minister, bruno la, saying thursday, hes working on an aid package for small and midsize businesses, including rent relief and new tax credits. His german counterpart told reporters he will do everything necessary to cushion the economic fallout in germany. The government in berlin is currently working on a 10000000000 euro package to help restaurants and bars, among other businesses get more from chelsea delaney, our financial correspondent in frankfurt. Chelsea, how hard is this 2nd wave hitting european businesses . Were definitely seeing big divergences between european economies. If you look at germany, for example, what weve seen so far is a hit thats been much smaller, of course, than the 1st lockdown, which was much more severe. And also came amid a lot of chaos and the Global Supply chain area. So that had a big impact in the end, the 2nd quarter on germany about what weve seen in the past couple of weeks in the past couple of months is that the industrial side of the German Economy is still extremely strong. Its still driving growth overall. And that could help germany stay out of another contraction in the 4th quarter. The Services Side of the economy, of course, is getting hit a lot harder. But we heard yesterday from the German Council of Economic Experts that theyre still quite optimistic on that the best rest of the year. France is getting hit a bit harder in part because of their lockdown measures, which are much more strict. Theyve already estimated that the Economic Activity is down about 12 percent since the lockdown began. So clearly different stories across different areas, different regions, but it is quite good for business, of course to see that these countries are still willing to step in with more support as well as the European Central bank, which is also indicated that its ready to provide more support to the economy as well. Chills, you know, the story that could move markets, germanys highest court ruling in favor of Energy Provider vattenfall in its challenge to the countrys nuclear phaseout, who he told about those this is a very long running dispute. It goes back to 2002 when germany 1st started to discuss phasing out Nuclear Power. At that point, the Nuclear Power plants had a timeline of about 2030 years. But after the Japan Nuclear disaster in 2011, the German Government basically closed closed a lot of Nuclear Power plants immediately. So for a company like vattenfall, which was planning on having, you know, 1020 more years of operation for these plants, that was a huge financial hit. So they have been seeking compensation, its been going back and forth. But today the court has decided that these companies do deserve compensation for the money. Theyve lost. How much it will be is still an open question, but we are expected to get these payments by 2023. Shows delaney in frankfurt. Thank you or at his numbers are rising across europe. As we said. One European Company thats weathered the pandemic. So far. German industrial giant, siemens booked a solid profit for the past fiscal year. Even with the pandemic, battering its businesses. Bottom line should net profits of 4200000000 euros. Thats a quarter less than the previous year. Almost half of the profit was due to the, recent spin off of Siemens Energy was last year for c. E. O. , joe kayser was exiting siemens to be replaced by roland bush, a bush there. Earlier i spoke to qasr and began by asking him if the positive numbers were due to his Business Model or the nature of the pending makes an even impact across industries. 1st of all, i do have to put the numbers and the, i believe Strong Performance in fiscal q 4 to a fascinating team. Thats a distance what it is because the people have been working really, really hard. And every produced, i believe, number of speech. Hard to top revenue is not just about the level. Pretend that make up profits are up 10 percent on the operating level, 28 percent on net income. So i think those are numbers. I really can be proud of together with my team. And so i believe the company is very well suited now for the future because transformation of all times coming at us in the 4th industrial revolution. So i think todays a good day for siemens. This will be your last quarter. Youll be leaving the, company next year. Youre known as a very outspoken c. E. O. , sometimes to the chagrin of your investors, are speaking out on issues like climate on issues, even like them or a refugee camp. Do you think that that is a responsibility of the c. E. O. Of siemens to be so outspoken on sometimes geopolitical issues or is that a choice shareholders care about performance . All they care about is the performance of the share, the total shareholder return. But there is another Stakeholder Group in this, our employees, we have almost 400000 of them. So i went out of there as my people and i said, well, you think, do you want me to speak up on the refugees on, on social trustees, on the, on racism and things like that. Semitism, for example. And so we did a survey without within our company and 85 percent and 85 percent of our employees said no, we wanted to do it, is we want to know without both things and we wanted to stand out for 40 just to serve. You know, theres a very important state called the group, but still its a balance to strike. Its not always easy to keep things you feel. Its not likely to always be a capital could do you feel like youve always chosen the right direction in maintaining that but that balance sometimes you have been punished by investors and had to sort of apologize or give a miracle. But dont remember that i had to apologize to anybody about anything. I think the shareholders want me to perform. Thats in a sense of what they want me to do, appear responsible, integrated over all stakeholders. And you know, it, the old way of, of thinking, you know, to business of business is business. Meaning dont care about anybody. Its just the pouch hello value thats outdated and it should have never been that way. A company which does not Serve Society should not exist. Thats my view. So we have to have a societal value. And if you look at the stakeholders, employees cost them a shareholders, the traditional ones that eastern new constituency, and thats the society. So they have to say they want to, you know, have companies, performances, they in ability, they want their companies to be responsible. They do not Want Companies to just fire people, because theres a pandemic issue. It is of the nature of which can be rich, can be defeated. They want leaders to leave, you know, close their eyes, close their ears, pour everything which is not business. So its a balance to strike. Im not saying, i always got it right. But there are very few things i have to tell you. All right. Your kids are c. E. O. Of siemens. Thank you very much for joining us. And we go over to agent now. China continues to ignore criticisms of its vast network of detention camps and prisons. In the western region. Human Rights Groups have increasingly put the spotlight on the western companies that are investing there. One of the biggest is germanys volkswagen reports a room key, the capital of chinas western shin jang province home to we goes and other muslim minorities. This is one of the most heavily policed regions in the world. Chinas repressive policies against ethnic minorities have been called a genocide by some. A room key is also home to german carmaker folks flagons. Most controversial investment is the only international carmaker to have a plant in the region. We made the decision to build this factory more than 10 years ago. It was a decision made solely for economic reasons. There was no political motivation factor. There is no in a politically and socially sensitive environment, worries us. China has covered the region with a massive system of prisons, internment centers, and reeducation camps. Australias e. S. P. , i instituted, has documented 380. 00 facilities across the region. Hundreds or thousands, possibly millions have disappeared in these facilities. On a recent visit, i was constantly followed around and stopped from throwing some of the facilities are official, prisons, some are unmarked, and some are cynically designated as Vocational Training centers. There are several levels of security from high Security Prisons to just friends comfort women. Some are kind, a cosmic born in china, has spent several months in one of the socalled vocational schools in 20 what they had to learn there had little to do with professional skills. He says, we make it in this camp. We had to sing the chinese anthem and other communist songs. They taught us that china was the strongest country in the world. And we had to Study Materials about the 19th communist party congress. Thats in there. It was. China is portraying the master tensions as a means to provide opportunities on the job market. But there is growing evidence of forced labor inside the camps or after release. And former detainees have been forced to sign up with employment agencies. V. W. Says theres no indication of forced labor in its operations shipped a lot of you act, but we hire all our employees directly. They send their resume and we have a job interview. And then they hate charge department and the operating department make a decision based on the resume and the impression they gave me was happened to them before is something that is hard for us to know this stuff thats here. This is through an extreme, sri and after footy, chinese authorities are aware of the controversy. My main dish stay in their car this time, but they call a factory guard over filming is not alone. What did they just tell you . You know, i saw you from my window. What did they tell you then they just supervise our work. W. Says it will stick to its investment, but the control this is likely to remain economically w. s investment never paid off. Instead of planned 50000 vehicles a year. It so is below 20000. And thats it for me and the deans of your Business Team here in berlin. As always, you can find out more about these and other business stories online at t w dot com slash business. Im stephen beard, so its watching the fight against the coronavirus tend to have as the rate of infection in developing. What does the latest research say . Information and context . The coronavirus update. Coming on t. W. How does a virus spread . Why do we panic . And when will all of this produce through the tax . And the weekly radio show is called spectrum. If you would like and information on the crown of virus or any other science topic, you should really check out our podcast. You can get it wherever you get your podcast. You can also find us at dot com slash science. The race for a Coronavirus Vaccine is not just a matter of saving lives. Its also a matter of saving face for some world leaders. As news broke this week, that 2 vaccines have reached 90 percent efficacy. The incentive to speed up trials is growing. Russia and china are already rolling out their vaccines to the public before final testing. Is that say the rate is high enough . What level of side effects is acceptable . And how can you trust the vaccine given in a world brimming with this information . Separating fact from fiction is challenging. Its becoming like a bidding war 1st. The german us saying its excess of 90 percent in moscow, chimed in reporting the same figure for its 1st candidate that was monday. In the interim trial, results on wednesday, showing russias vaccine is actually 92 percent effective. Protecting people from covet, its raising eyebrows among skeptics. But its also raising hopes that well have a vaccine by the end of the year. And the more vaccines, the better president Vladimir Putin says, russia is registering its 3rd vaccine against the coronavirus and insists all of them are effective. The Scientific Community doesnt agree and believes starting mass in occupations is risky. The cameras are waiting. Theyve been promised a celebrity whos ready to be filmed, being given the russian vaccine. Sputnik 5 enter, blogger and bodybuilder, Alexander Spock. The eccentric social media star takes one last selfie before hes injected with a dose of the still unproven vaccine. And you can hear no one had to talk me into doing it. Its always good to be the 1st at something. I always have a negative view of vaccinations, but this is different for the doctors will keep an eye on alexander for the next 6 months to observe the effects of sputnik, 5 to russian bloggers enthusiastic to be part of the program. And like so many other people, he just wants life to get back to how it was. Even on a ship, which is normally i travel a lot. I want to work normally to move around. Normally. I dont like the masks. Now i can get all the medical treatments and be one of the 1st to be really free. When washed off international criticism, russia rushed forward in the global race for a Coronavirus Vaccine. Back in august, sputnik 5 became the worlds 1st registered vaccine. But critically, that was before the results of the all important phase 3 trials, republished president , Vladimir Putin is eager to be the man who presents the world with an effective vaccine that would come with guaranteed prestige. And of course profit. In mid october, he made another announcement to novosibirsk base Vector Center has registered a 2nd russian corona virus vaccine epi back corona it without a doubt. Its an important success that you, dear friends, have achieved, was issued in. Meanwhile, Alexander Spock waits to hear whether sputnik 5 has provided him with antibodies or, not, joins us from the f. A. , the association of Research Based pharmaceutical companies. All of these vaccines, although many of them now are sounding more and more promising. So when final testing is over, when or how does production go ahead . Well, the production has already started. Most companies have produced components of the packs and already at least one Company House also reported that they have at least one better, ready for delivery. And with the components the other companies will be able to have finished product soon as soon as i have an approval, well ready for delivery. So hopes are high, but of course we have to see the final tests a top army general behind the us x. Initiative, intice a pace the 1st americans could also start receiving over 1000. 00 vaccines next month. What do you think about that . Well, the one company that have was the 1st to report positive efficacy results. And they said that they now have to wait full some all day to complete the collection of safety data. They need safety data from at least 2 months after the last shot from all the participants, when they can have them in their application is complete, then the f. D. A. In the us and the europe can start evaluating the vaccine. And when they have a positive opinion about it, and when there is an approval like installed. So yes, there is a chance to have approval in december. We rob them all were expected in early january. And as far as production goes, how sufficient would you say the Global Production capacity actually is . Well, some months ago the house being an estimate that there is a Global Production capacity of something between 2 and 4000000000 doses of covert 19 vaccines that could be produced. Thats quite a lot about office lee its we need even mall. So companies of salted to find more contract manufacturers that produce components for them. And they have also find other companies where they can license the vax into so that they can produce it as well. And australia and south africa and japan and so on. So most likely during 2021, the capacity will even increase. What about the infrastructure . Some of these vaccines have to be stored. It is extremely cold temperatures. Well, some vaccines indeed need minus 70 degrees. But fortunately, some others that are also very fall in that development, they only need so we hope to hear elf positive. I think its the date in the next weeks. And then this could make the situation a bit easier for those who have to organize all the delivery of things. And the w h o has organized the kovacs facility as like call it, thats a kind of an organisation that buys from companies and then distributes the doses. They buy between various countries that have signed in, and they make sure that a lot, shag goes to middle and low, low and middle Income Countries. So you dont think those developing countries will be left at the back of the queue at the moment, it seems that the industrialized nations will most likely be quicker with having enough for the population. But on the other hand, we also have mechanisms that make sure that low and middle Income Countries will get there at an increasing share. And for example, companies in india have licenses to mass produce faxon and they have huge capacities when they can deliver. And they have announced that they will deliver it particularly to low and middle Income Countries, that they will also have the vaccine they need. And also, could you give us an idea of how much that seems actually going to cost . Well, some companies have mentioned prices, some have already stated that they will have differential prices. So high a price industrial in industrialized countries and a lower price and in low and middle Income Countries for germany at the pills that the vaccination will be cheaper than the all narry influenza vaccination that people have every year. So the prices are really oriented at the low, and some companies have stated that they will orient their prices at their at cost really at their own manufacturing cost. Well, impressive stuff. Well, thank you very much for joining us today. From the f. A. A. Time to ask derek what he thinks about the latest developments as always, our science correspondent is standing by to field your questions on the coronavirus. Here in south africa, some of us who had covered 9000 have experienced memory loss. Is there any research on the cognitive dysfunction is one of the symptoms on the long list of those associated with covert 19 that i think a lot of people really worry about in some patients. Infection with the virus can have affects on, on cognition, as well as on the sensory systems that are tied to it, such as the sense of smell, some experience delirium or say they still feel a general sense of confusion or, or find it difficult to focus. Even long after other people who caught the disease might have recovered from it. The range of symptoms even has a name. People are calling it kovac brain, fog and, and memory loss is being regularly reported by people who experience it. A major recent study from the u. K. That looked at the coronavirus and cognition, including some aspects of short term memory. It was pretty disquieting though its one that i hasten to add has not yet been through peer review. The scientists behind it compared the results of over 80000, british participants in a nationwide intelligence test. And they correlated that with data on their coded 19 status. So whether theyve been infected and this, so how severe it was. And the researchers found among 1000 patients significant cognitive deficits, including even months later, especially among those who were hospitalized. But even among those who had muddled their cases. The hope however, is still that those deficits wont prove last at conventions. All of you to mark 5 years after the attack on the other, climbed the ladder in paris. His son was an assassin. Daughter was a victim. Both of their fathers wrote a book together. A lesson in dialogue and tolerance. At a time when as long as terrorists are chilling again, focusing on europe, 13 minutes long d. W. Into the conflict zone team, sebastian british Prime Minister Doris Johnson is on the fire. Once again, not least for members of his own conservative party. My guest this week here in london is one of these junior m. P. s been moffo lami elected to parliament 3 years ago. Can mr. Johnson, the whole teams currencys live in the opinion, polls, and what will the party do if you come to the conflicts of 90 minutes on d, w d t, you know that 77 percent are younger, but thanks to fox cuts me and me and you and you know what its time, all voices, lockhart, on the 77 percent to talk about the issues, stuff. This is where you cut the 77 percent this weekend on d. W. Movement elephant is for me, an is for beethoven is for him. Its for her. And beethoven is for beethoven is for every modern beethoven 2020 minutes of the 50th anniversary. Here on d. W. Cut, cut. Cut. This is the wu news, live from berlin. China come dumbs a blatant challenge to the sortie in hong kong. After opposition. Lawmakers make good on a threat to resign, all must. They took the step after 4 of their colleagues were expelled from power. Also comes the fall of the team trying to truckin trace new corona, virus infections in

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