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Transcripts For DW DW News 20240713

Authorities struggle to evacuate tens of thousands of people the storm is expected to barrel across densely Populated Areas as it moves north. Oh. Im sorry kelly welcome to the program germanys economy came to a screeching halt in the 1st quarter thats according to Government Data out today the lock down sealed borders and close shop since mid march Economic Life has come to a virtual standstill the result a 2. 2 percent decrease in economic output but the 1st quarter only includes one month of lockdown meeting that data is certainly set to get worse. Chelsea delaney is standing by with the view from frankfurt so chelsea i mean this is this is the steepest contraction since the financial crisis what parts of the economy were the hardest hit pretty much every part of the economy was in the 1st quarter there was a lot of a lot of anxiety coming into this report but what weve seen is particularly a very steep severe contraction in the Services Side of the economy this is obviously as a lo

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