Was even more clear that people do we explore a pandemic of racism directed at persons of engine and african descent also on the program 5 years after german wings pilot deliberately stupid painter mountain families also 150 people on board taking the experience and company to court they came to times i knew the pilot had suffered from depression. Im going for the rest and welcome u. S. President Donald Trumps us the nations Coronavirus Task force will now focus both on safety and on rebooting the economy despite saying on to say that that the White House Committee would be scrapped altogether some major u. S. Cities have seen decreased rates of infection but those numbers have been offset by spikes in other parts of the country the hardest hit area new york city has taken an unprecedented step in its special against the virus. This is history in the making. Its not the actual cleaning of the new york subway that is so unusual. Its the fact that its the 1st time that the system will cl
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
Security fees. This is your business. Welcome to Saudi Arabia State Oil Company Aramco is preparing to go public and today were likely to find out just how much it is worth last month eyebrows were raised after an announcement that the company would only be floating on the Riyadh Stock Exchange and not in london or new york around coal is the worlds most Profitable Company last year it produced some 11000000. 00 barrels of oil per day more than 2 thirds of it was exported to asia 14 percent of it went to the United States the upcoming i. P. O. Has generated a lot of excitement reason drone attack on the run co facility and investors increasing focus on Renewable Energy though has left many analysts skeptical. Saudi arabia would be nothing without saudi aramco the oil giant posted net profits of 111000000000. 00 euros last year the cascade of cash doesnt only go to financing the saudi state it also finances a lot of perks for the general public petrelis dirt cheap healthcare and educati
Business in china but the government is not always sharing in the fun. Welcome to g. W. Business in bed. Saudi aramco has completed the biggest share sale of all time its much awaited i. P. O. Race 25600000000. 00 for just 1. 5 percent of the saudi oil producer that values the company as a total of 1. 00 trillion dollars its short of crown Prince Mohammed bin sounds targeted 2 trillion but still confirms around co as the most valuable company in the world. Mainly relied on domestic and regional investors after a limited interest from further afield well only on that lets bring in ashutosh pun day we can understand more about this or 25600000000. 00 seems like an enormous amount of money is it in this context but not really if you as the saudi prince here remember us definitely expecting to raise 100000000000. 00 from this offering now its just a quarter of that and evaluation as you mentioned 2 trillion dollars its 1. 00 trillion so definitely he would be a very happy man but if you as
Quarter growth data thursday and after 2 consecutive negative growth quarters it is expected that germany is technically in a recession the Biggest Issue for the country is industrial output which actually fell more than expected in september dropping 0. 6 percent on the month pointing to ongoing weakness manufacturers which are reliant on exports have also suffered from a slowing World Economy and uncertainty linked to trade and to braggs it and while there have been hopes for a turnaround that hope is fading fast as germanys industry is contract ing due to shifting Consumer Trends shrinking investment spend and souring sentiment despite the slight uptick in september Industrial Orders the reality is structural flaws in the industrial sector will hold back in the recovery the reality is this germany is currently struggling with a rapidly aging population which constricts the skilled workers market keeping productivity growth weak a strong rebound will be unlikely a skilled workers fra