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Why dont we. We go in search of answers in a documentary film. Starts may 21st w. The European Union has entered the deepest economic recession and its history the e. U. Commission says the blocks economy is expected to contract by a massive 7. 4 percent this year because of the coronavirus. Also coming up as germany clears the way to ease more restrictions we take stock of how the lock down intact at the countries of the rural economy. Of business i want to get johnson berlin good to have you with us all economies around the world. Are grappling with the fallout from coronavirus lockdown measures in germany the all important Manufacturing Sector is among those hardest hit new figures show Industrial Orders in march fell by more than 15 percent the lowest level in 3 decades this has demanded those at home and abroad plunged as a result of the pandemic are things also look bad for the rest of the e. U. On whens day the bloc released its spring forecast for 2020 it makes for grim reading with the expected contraction for the year set to comfortably be the biggest ever after more than 2 months of lockdown romans are slowly getting used to spending a little money in their neighborhoods again. Citizens and many other e. U. Countries are taking similarly tentative steps towards normality but the economic damage already done across the 27. 00 country block by covert 19 has been severe. Economic. Investment. And. On the result of all that the e. U. Forecasts that its economy will fall by a massive 7. 4 percent and 2020 the worst fall since the e. U. Was founded in 1950 s. Unemployment in the e. U. Is forecast to rise when early 2 percent up to 9 percent for 2020. Well the impact will be felt across the continent some countries will be hit harder than others italy and spain 2 of the worst hit contracts are forecast to suffer contractions of around 9. 5 percent each more than france and germany the used 2 biggest economies its not all bad news at least e. U. Officials said they expect the economy to slowly recover in the 2nd half of 2020 before sharpens back in 2021 but for those gradually emerging from lockdowns that probably still feels a long way off. And for those in germanys Tourism Sector the travel restrictions cannot be east soon enough the hit to revenue is expected to cost around 24000000000. 00 euros is a look at how the recent weeks have impacted germanys rural economy. It is a childrens paradise without the children. A relaxing retreat longing for tired periods. And animal lovers dream and fulfilled. For more than 2 months no. One hour from berlin has been closed to guests and the coronavirus lost their lives costing them photos interview rules every week. Im sure we have a huge losses every month we have no literally 0 earnings anymore only outgoings because the horses still need to be careful they need to eat that costs money we have high fixed costs for the houses. On or once the government to relax the restrictions for businesses like cars she says guests can keep a safe distance in her rental homes and it apart unlike in hotels lunchables then some states have started to at least developed a concept for reopening amee we really hope that we will be allowed to open up for us as a. We really wish for that in the farmyard yet more revenants of the knock on effects of the pandemic faria rick ports has come to pedicure the horses hes also losing money as customers avoid expensive work like fitting iron horse shoes. And pia one of the farms for employees whos been placed on leave but she still comes every day just. Because the animals a day to my hearts when it comes to the animals im susceptible to blackmail and if i know that if i didnt do it then nobody will. At this nearby dearie farm its a different story its not just the newborn calves who are enjoying their milk the farmer says that since the coronavirus hit more and more customers are now coming direct to fill up their milk bottles. It her 1004. 00 and up with the tourists have disappeared completely but people who would normally go to disappear market dont want to go to the shops anymore. That they are coming to the farm to buy the products directly where they are producing impure put a call back in the roost a half Garden Corner frank is preparing the hammocks for the summer season. Free to take a brief pause before the busier times that hopefully lie ahead. And over to the us now which seems to be in a hurry to emerge from the lock down a son wanted to soon others cond way to get back to business is core to a standing by now he of course keeps an eye on the market out be it from a safe distance against which group is wall street belonging to the impatient ones of those who caution. Most people clearly would love to see the economy reopening slowly again but theyre also very well aware of the risks but actually one topic that as cynical as it might sound its really getting does cross get discussed quite heavily right now is liability is so what happens if businesses reopen and the employees get sick of what happens if customers catch the virus so whos liable and that is an issue that is not fully solved yet we have some examples for example in the meat producing industry where its up to the employees to make sure that theyre safe but what investors on wall street do not want to see is that after the corona wave we might see litigation waiting right and briefly and what do we know about the Economic Impact so far well its quite shocking what were seeing right now especially here on wednesday when we got the monthly numbers for april for the private sector were more than 20000000 jobs lost just in the months of april of the worst month so far had been february of 2009 when 830000 people lost their jobs now more than 20000000. 00 so truly shocking numbers now on thursday we will get the weekly numbers for the unemployment claims and then on friday we will get the big jobs numbers from the Labor Department for the month of april but its quite obvious they wont be pretty gentle caught in new york thank you so much for this update. And brief look at some other business stories making the news around the welt. American car manufacturer g. M. Aims to restart most of its north american production on may the 18th its also reported a stronger than expected quarterly profit despite the u. S. Lock down the automaker had previously suspended its 2020 profit outlook because of the pandemic. The United States has told the World Trade Organization its no longer offering tax breaks to air a space dry and boeing an ounce meant comes after the w t o upheld an e. U. Complaint which claimed the subsidies violated global trade rules disputes could have led to billions of dollars in punitive measures. He cannot make activity in russia has plunged 33 percent due to the countrys lockdown measures which were imposed in late march president Vladimir Putin has want the lockdown could be expanded as the coronavirus continues to spread throughout the country. Now lockdown measures are hurting economies around the globe but they are specially painful for those living in poorer countries like many in latin america in peru construction workers took to the streets today demanding government aid now while most people stick to the lockdown rules theyre increasingly worried about how to make ends meet. Here in lima people are no strangers to Disease Control 19 years ago piru suffered a cholera epidemic that harrowing experience means most peruvians are prepared to adhere to the current lockdown regulations but they wont be able to afford to for too long. Or do i cant stay at home where am i supposed to get money for food i have a family to feed. The government has recommended that people buy enough groceries for a month and then stay at home but few can actually do that most simply cant afford to do so much shopping in one go many peruvians have informal jobs theyre paid on a daily basis. Its a similar picture across south america the tough regulations are pushing the very poorest in particular further towards the brink now some are starting to push back in so much in colombia for example several families have occupied this residential complex. No more the oreos are all part of most of us streets. Because of the pandemic were not earning anything and cant pay our rent or buy got out here and say landlords are throwing us out of our homes. The squatters see their action as an appeal to the government to increase its support for the poor some countries have now implemented aid programs for the needy partly because of fears of social unrest. Unless its from me and the Business Team here in berlin for more to check out our website at www dot com business that asked thanks for joining and to stay healthy. And to the conflict zone with Tim Sebastian its not as if suns who suddenly morning for a long time about the polemics but the politicians didnt seem to take much notice of their lack of preparation is now becoming clear my guess is week from brussels as the European Commission oklahomas move on your hands and why did you. Get it so wrong conflict. Next on d w. I am. Honey levy survived the nazis the persecution and the holocaust for non jewish friends in berlin helped her she remain very close to her rescuers all her life the German Resistance Memorial Center in berlin commemorates these Unsung Heroes and their courageous engagement for humanity some kids in europe. In 60 minutes on d w. Born for. We know that this is a scary time for us but coronavirus is changing the world changing our lives so please take care of yourself keep your distance wash your hands if you can stay at how we do w. For here for you we are working tirelessly to keep you informed on all of our platforms were all in this to get on together and were making sure it. Stays safe for everybody in the states it is very safe stay safe the prius and stay safe. The commission has been able to act very quickly if you cant find Common Solutions to common problems whats the point of e. U. Member states realize that it really meet each other so its always difficult really doesnt cut it we will come out of this were just from a corporation its not as if scientists hardly any for a long time about a pandemic very hot but the politicians in many European Countries didnt seem to take much notice the scale of the lack of preparation not becoming clear my guest this week of brussels is the European Commission oklahoma

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