Make up your. Double made for mines. The euro hits a 2 and a half year high against a basket of currencies investors are bullish on europes recovery from the pandemic that has a strong euro but a strong euro rather has consequences for companies who bring you up to speed. Also on the show major Oil Producing nations agreed to bowl back some of their production pandemic production cuts can they ride an oil recovery or are they acting too soon. And the german state helps Small Businesses survive the pandemic by helping them go online. Welcome to the show. Stephen beardsley in berlin good to have you with us the euro is poised to hit a 2 and a half year high against a handful of rival currencies this week its the latest high point of a month long rally for the currency and it comes as rivals have weakens the European Unions common currency broke the 1. 20 cent mark as Inflation Fears hit the u. S. Economy itself against the pound sterling on fears that brags that brags a trade deal will n
Hello im terry martin good to have you with us lawmakers in u. S. Congress have moved to block president Donald Trumps order to withdraw u. S. Troops from germany its a rare instance of the democratic and republican parties working together these days to pass legislation the final version of the annual defense bill which still needs to be voted on boyces support for the continued presence of u. S. Forces in germany and it would require an Impact Assessment before any troops are pulled out in july the pentagon announced it would withdraw about a 3rd of the 36000. 00 troops based in germany. Well Stefan Simmons is standing by for us in washington stephanie how likely is it that u. S. Troops will not be droll withdrawing from germany no. I think the likelihood just increased actually it is very likely that there wont be any withdrawal at least not on the reins of this administration of the trumpet ministration as you pointed out the budget Defense Budget package which is 4500 pages that i
To have you with us a progress in Vaccine Development is lifting spirits as lockdowns continue around much of the world but recent days have shown that Vaccine Distribution could be a weak spot take a look pfizer has revealed that it initially overestimated its supply chain forcing it to cut delivery projection several weeks ago instead of 100000000 doses for 2020 it now expects to deliver 50000000 another concern for distribution is security i. B. M. Saying that hackers have targeted organizations working to improve vaccine cold storage in supply chains in suspects state actors may be trying to steal trade secrets or disrupt distribution of finally vaccine financing is a growing concern with International Aid not yet meeting the amount needed to help poor countries heres u. N. Secretary general antonio terrorists at a special covert 1900 some of the new york. U. S. Dollars including 4300000000. 00 urgently needed for the next 2 months. I think those who have contributed and own to sho
A controversial election victory what does that mean for people struggling on a crippled because. Also lufthansa says that by the end of this year it will slash 29000. 00 jobs thats a 5th of its total workforce and thats not all there will be more job cuts next year. And some exciting weekend soccer action in germany has been asleep by a lever whos scoring goals. And stopping on their way to 2nd place in the district i will tell you how they extended a remarkable unbeaten streak. Welcome to the program british and european negotiators will today resume talks to secure a post bragg. Trade deal with an agreement hanging in the balance the latest round of talks is taking place in brussels ahead of an e. U. Summit later this week the e. U. Is offering tariff free access to the Single Market in exchange for britain agreeing to e. U. Rules on state environmental and labor regulations britain will leave the Single Market trading block at the end of the minds. Joined by the. Nominee and brusse
Made for minds. Can europe finally agree on a common coronavirus Recovery Plan . Even leaders are taking another crack at the 1. 00 trillion euro plan that would help the likes of italy and spain. But its foundering on the objections of other nations. Also on the show, to look at the difficulties of african nations to piece together their own recovery funds. And talk to one advocate of a very particular approach to post covert investment and deal or no deal. Times running out for brussels and london to ensure smooth trade come january the 1st alcove. It has complicating the negotiations. Glowing welcome to the show. Im stephen beardsley. In berlin, its good to have us. Yes, you heads of state and government are meeting today to discuss their pen democrat spawns, an unprecedented aid packages on the table. But the Strings Attached have some Member States balking, and that could spell trouble for other Member States in need of the capital. Well, others still are better set up to fund the