WOSU
Frederic Bertley, president of the Center of Science and Industry, holds a container of liquid nitrogen as he greets families visiting the science museum.
After over a year, the Center of Science and Industry, or COSI, reopened to the public on Thursday.
COSI president and CEO Frederic Bertley said it feels good to be open again after 446 days. And yes, he counted down to the 642,240 hours and 38,000,547 seconds. The center had been closed since March 13, 2020.
The pandemic has been tough on everyone, but Bertley said he believes that the past year has given people a better appreciation for science.
and the central banks proposals have done little to quell the markets the euro has hit a one year low against the dollar prompting some experts to one of contagion. that fall has certainly been dramatic it has lost about forty five percent of its value against the dollar since the beginning of the year. and that means it has become extremely expensive for turkish businesses to service loans to foreign creditors if the euro tumbles further corporate debt could explode and some foreign banks could lose billions when the turkish border was default on loans. this of course doesn t sound that well let s bring in our financial correspondent in frankfurt oil that has been following the story for us only so good to see you well european markets opened in the red this morning you told us about it and it seems like it s not getting any better. that s true and when you look at some banking shares it s
with the international jitters caused by the instability of the turkish economy and its possible contagion effects on other emerging markets after losing more than twenty percent of its value on friday the turkish currency the lira has recovered slightly but it s still moving near all time lows at the same time the government is announcing a plan to stop the freefall but a several issues are hitting the turkish economy simultaneously finding solutions will be a tough call. is in freefall and while the turkey central bank has announced measures to help banks weather the storm ordinary businesses are already feeling the pinch. hit the grim i mean trade with my business is interrupted because i sell imported goods. so we ll update the prices today because the prices we pay we re going to increase twenty percent as a result of currency fluctuations. eventually people will be affected by it.
getting worse not all are really losing heavily but if you look at the first five losers in the euro stocks fifty three banks are among those i n g deutsche bank and also the n.p.p. and unicredit in milan is also losing heavily and so are all the basic market parameters that you have the docs here in germany is down. in france and u.k. and in switzerland the indices are down and having said that it s not quite as much damage as on friday it s far from a investors therefore are not panicking but they are worried and the banking shares are central banks are central to an economy and it s not to be ruled out the banks may get in trouble over their business in turkey at this present time and that depends on how everything is going to develop now we know that the government in turkey wants to tackle the problem the central bank saying they are ready to take all necessary measures why isn t that called investors. because the central bank