And robots in berlin its great to have you with us the true economic toll of the coronavirus outbreak is becoming ever clara a stream of g. D. P. Figures from across europe a show many economists that have been seeing years of growth are now deep into the red the euro zone as a whole is now officially in its deepest ever recession after 2 disastrous courses. Cash registers are humming again across europe iconic landmarks eerily quiet and spring are alive with people once more no one knows for sure how the pandemic will develop over the next few months but what is becoming clear is that the economic damage done in europe between april and june was of historic proportions that was the period when strict lockdowns brought large parts of the continents economy to a virtual standstill. The data for that period is now becoming available on the news its as bad as anything the e. U. Has ever seen it means the european economy has entered its deepest recession in postwar history spains economy
Beijings new security laws for any time it appears in the industry. And food for the souls of underprivileged kids in the form of dance we need a ballet teacher in nigeria who offers lessons for free and some of the students who say dancing has changed a lot. To answer. Im sumi so its going to its great to have you with us we start with some breaking news german prosecutors say they have arrested the former chief executive and 2 Board Members of the payments processor wire card as part of fraud investigations marcus brown and the Board Members were detained in munich investigators say the 3 are suspected of faking income to inflate the companys Balance Sheet wire card went bankrupt after were dealing a nearly 2000000000 euro hole in its accounts last month the scandal has triggered criticism of germanys financial oversight and let the calls for the government to explain how much it knew about wire cards dubious accounting practices. Lets bring indeed up use financial correspondent shal
Houston texas thats as the Trump Administration orders it is to close it citing concerns over us intellectual property where the diplomats are burning sensitive documents. Like the women and children stranded by the collapse of the socalled Islamic State many of them are european citizens to hear from a frenchman fighting to bring his daughter and grandson home. And food for the souls of underprivileged kids in the form of dance we need a ballet teacher nigeria who offers lessons for free and some of the students who say dancing has changed their lives. Im simply so much going to thank you for joining us and we start out with some breaking news german prosecutors say they have arrested the former chief executive and 2 Board Members of the payments process. Company wire card as part of fraud investigations marcus brown and the Board Members were detained in munich investigators say the 3 are suspected of faking income to inflate the companys Balance Sheet wire card went bankrupt after r
Coronavirus fears and head to the polls for a controversial vote on constitutional reform it could allow president Vladimir Putin to stay in power for another 16 years. Im going to Office Welcome to the program its crunch time full of tons of shareholders of germanys flag carrier will begin voting soon on whether to accept a 9000000000 euro rescue package that would make the German Government the allens biggest stakeholder should shareholders reject the deal or could face insolvency is how the head of lufthansa supervisory board. Sized up the choice at the beginning of the virtual gathering. You know we dont have any more money. Were going to be living off reserves that we set aside during the good years. Soon we will have used most of those up. Without support and we face insolvency in the coming days. For more than joined by our financial correspondent chose to delineate and fun for chelsea we owed of money those were very very clear words from the companies because we bought cheese
The latest from frankfurt. And coming back from cope with germanys governing coalition approves the largest economic stimulus package since the end of world war 2 chaps are live arkell says the aim is to give of the next generations a future. Plus the disappearance of a british toddler Madeleine Mccann from a resort in portugal has been unsolved for 13 years now police in germany think they may have a new lead. Time sumi so much got to thank you for joining us thousands of hong kong hours have lit candles across the city to mark the anniversary of beijings crackdown on Tiananmen Square in 1989 chinese troops are thought to have killed thousands of prodemocracy protesters 31 years ago an official death toll was never released a todays commemoration comes despite a bad. And on gatherings in hong kong Authorities Say they refused to give approval for the events because of the corona virus but critics say it is another move by beijing to suppress freedom of assembly and speech in the tour