What secrets lie behind things was. Discover new adventures in 360 degree. And explore fascinating World Heritage sites. D. W. World heritage 316 get kidnapped now. Small businesses begin to reopen in some parts of the u. S. Despite the continued rise in coronavirus case numbers look at why some states are in such a rush to get back to business as normal. Also in the shows start up struggle to survive at a time when cash is king and many are light on reserves. And will bullfighting get a bailout the industry wants help from madrid but Animal Rights activists hope that the pandemic can finally kill off the practice. This is your Business Report im Stephen Burns in berlin its good to have you with us the u. S. State of georgia has become the 1st to allow Small Businesses like bowling alleys and hair salons to reopen despite the warnings of Public Health officials state leaders say companies will be required to take appropriate Safety Measures but the decision has run into broader opposition among businesses and the public cases of copan 1000. 00 continue to rise in the state which has one of the lowest testing rates in the nation. And for more on this im joined now by our financial correspondent in new york yen scored a yes how exactly are businesses and the public reacting to this reopening in georgia. Well i would say overall theres some nervousness on the other side to georgia especially is seen as a kind of a guinea pig a lot of the other states just curious how things will actually work out which when you slowly a restart of the economy one of the questions clearly is which businesses will open because a lot of the Bigger Companies are actually saying theyre are on a wait and see mode before they restart and then also the question is how many employees actually will show up for work so everybody is watching what is happening in georgia in the next couple of days. And we know we know already that some states do plan to follow suit in the coming days why is there such a rush to reopen in the u. S. When the disease is still spreading pretty rapidly. Well to put it simply its people are desperate we dont have the social systems that you might see in some parts of europe of people losing their jobs by the millions people do not have any big savings at least most of americans dont own so theyre just desperate desperate to get back to work and make some money to actually get life going but there is clearly this big debate if its a very good timing from georgia as far as i know cases are still increasing are not slowing at this point jim some of their local mayors in georgia actually are not happy that the governor is trying to open the state of that fast but well to put it simply it people are just quite desperate and theyre just hoping that the restart of the economy as slow as it goes will work out without a kickback in the cases of corona infections all right yes quarter there for us in new york thank you. Lets go over to europe now german Business Sentiment has plunged as companies real from the effects of the Coronavirus Crisis and thats according to a new report from the countrys efore Research Institute which says the key measure has hit its lowest level ever and that theres no improvement in sight with the ongoing lockdown restrictions in germany and abroad Companies Expect the slump of demand to continue so the situation is especially dire for Small Businesses and startups. As mentioned the start ups in particular face a unique challenge they invest the bulk of their revenues into research and development that leaves them little cash on hand now while some are adapting others may have to fold. In a matter of just hours the largest series build 3 d. Printers can manufacture industrial parts or prototypes up to one cubic metre in volume the high tech machines are made by a berlin startup big graham c. E. O. Martin back sells his gigantic printers on every continent and hes made the company a world Market Leader but now during the Coronavirus Crisis many of his customers are struggling to survive in january orders stopped coming in from asia then europe and the us followed and now the company has had to go to reduced working hours. We have i would just our costs and the lower revenues who are saying now and expect in the future we notice our customers are clearly reluctant and there are logistical problems too were a Global Company in asia weve had major problems delivering our machines but also installing them and bureaucratic procedures like customs clearances are all disrupted by. It or in berlin almost all of the 100 employees are working from home its the same for the Branch Offices in singapore and boston and the daily video conferences arent enough to make everyone forget that every day not producing makes the situation worse the Industry Association become monitors startups throughout germany whether Technology Mobility or Software Companies sales are falling off everywhere and financial reserves are dwindling become specialist amount of riches says startups usually fall through the cracks when it comes to the numerous German Government aid programs. To qualify for these programs the startups must already have made a profit but thats very rarely the case because startups invest all their capital in growth and as a result they usually dont make any profit in the 1st few years. That big red martian back in his team have developed 3 d. Printed face masks he says he wants to help others during the Coronavirus Crisis. Its actually pretty easy right because if you know today you just need to make in your model of what can you dont see anyone on the carpet you want to reproduce and then he just 3 predicted the same machine so were talking about days instead of moms almost 20 of big groups 3 d. Printers are producing either ventilator parts or face masks around the clock theyre printed and then sent to doctors and hospitals the Company Either gives them away or theyre sold not cost. Well this week began with 2 of the wildest days an oil trading history as the u. S. Benchmark plunged to minus 40. 00 a barrel and the price collapse in oil firms scrambling to limit the damage created from a fall off and consumer demands among them Nigerian Oil Company a wanda whose chief operating officer spoke to news about the impact thing. Oil fields in the niger delta have been pumping black gold into the nigerian economy for years accounting for 60 percent of annual revenues and tarnishing attention africas biggest oil exports are this weeks price collapse however has shaken the industry. The entire world today is whats going on in the industry has never seen. These numbers or these complexity the problems we have. Cultural issues that have come together to create what i would call in my time the most worrying. Being nigerias largest drilling and Refining Oil Company is particularly exposed to the fluctuations in the global oil market. At 0 price theres no business theres no commercial case for us being its in existence so we look for it and thats and thats open to. The government has asked for a 7 day week in loan from the i. M. F. And offered concessions to the Energy Sector but an existential question lingered in the air this week as this the beginning of the end for oil might take a while before you see large crowds in mexico where you see people change their habits and fly so im taking all this into consideration 2022 potential coupons when. I estimate to see the world get back into. Operational electricity highs or because. The i. M. F. Estimates that just to break even nigeria needs the price per barrel of oil to hit 144. 00 which might be part of the reason is reducing its dependency on crude and investing in renewable soon nigeria may have to do so too. Well some call it a key part of the countrys Cultural Heritage others are right brutality against animals fighting has long been a controversial part of spanish life and now the controversy is set to grow the industry is asking for a bail out. This is what many tourists come to spain for to see tornadoes fighting bullies the country holds 2000 of these contests every year industry he has 80 bulls on his ranch raising them costs 5000. 00 euros each but if they dont go to the arena theyll go to the slaughterhouse where their meat is worth no more than 700 euros. Homosexual a Perfect World will do that we are one of the most important cultural events for this country we have never received subsidies from the state but now it is time for them to help us and its time for us to receive something. For all the bill fighting industry has given to the state. In fighting has existed in spain since at least roman times the Constitutional Court declared bullfighting part of Spains National heritage a few years ago. Animal rights activists consider bullfights as grave cases of animal abuse they urge the government to reject the 700000000 euro aid package that breeders and stadium owners want the house and. We want the government to put an end to this activity which is rejected by the majority of society we want them to prohibit both fighting and put an end to this court that has been sustained for too many years ago when the law to the. Spaniards are split over the issue but almost everyone in spain agrees that Funding Health services and helping the most needy should be the priority and not the demands of the bullfighting industry. And thats it for me and the deed of Business Team here in berlin you can find out more about these and other business stories online at www dot com slash business im stephen theres in berlin thats watching. For american cars. To france to mr it goes slower. Heelers up for a trendsetter and. The Roaring Twenties of reloading. Leaves is fresh 2020 start on 21. 00. Next on d w. The terminator revolutionizes the machine. Everyone told me good i can now turn in my humble electric but you came in your group of high tech pioneers from austria give shots and guns hummer and unprecedented luck trying to upgrade. Past obvious dot com question in red. Insisting. On. The global corona crisis you can find more information on mind at e. W. Dot com and on t. W. Social media channels. They were in a ducted by the nazi untaken to germany to be raised as citizens of the. During world war 2 thousands of polish children suffered this fate. Many of them dead their real. Women children kidnapped in nazi. April 20th
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