Make up your. Job made for mines. Germany braces for fresh blocked out restrictions for the month of november the countrys finance ministry plans to spend up to can a 1000000000 euros in 4 weeks to help the fact that this is the 6th. The c. E. O. s of Google Twitter and facebook faced u. S. Lawmakers to defend their content moderation practices in the fraught nearly 4 hour hearing. And bring on the fake snow chinas hoping to create a nation of interest for its enthusiasm ahead of the Winter Olympics in 2022. This is the the way of business im joined now the an amber lyon thanks for joining us. We begin here in germany where the surgeon coronavirus cases has prompted the government to impose a socalled soft lockdown starting monday next week for 4 weeks we need fresh coronavirus aid will be needed to help prop up businesses up to 10 up 1000000000 euros is being made available to reimburse the lion share of companies lost sales as restaurants clubs and bars shut down for the month of november that it could mean the difference between being able to reopen after the lock down or going out of business Restaurant Owner christiane as freeney is nervous many of her customers are counselling their reservations out of fear of the coronavirus and shes also worried about the consequences of a fresh lockdown for the entire sector some free has run her restaurant near bonn for 20 years the spring lock down his is hard but business picked up again in the summer some print he says it would be unfair to be forced to close down yet again after all shes doing all she qantas stick to the rules. My wagers walk around Wearing Masks for 8 hours a shift fine were careful to collect the Contact Details and use the partition walls to maintain social distancing the outside way significantly reduce the number of tables to actually see it. In cologne maryon calls the worries about the future of his cocktail bar regardless of any new lock down his patrons usually come at night but theres a curfew in north rhinewestphalia it starts at 11 in the evening bad for business but an f. With the 1st measures a 1 am curfew at home weve already made a loss of nearly 30 percent closing time 11 pm that became almost 65 percent on attack its earlier or even the complete closure at some point well have nothing then we have to shut down permanently wants one. Hard times for hospitality and this despite there being no proof that Restaurant Visits are responsible for the jump and infections germanys Public Health body the robert cock institute believes most infections happen in private settings in september report the institute says public transmission in places such as restaurants occur much less frequently but with many infections its impossible to tell for sure christiane is on for any hopes on the new measures will be quick and painless if not the german hotel and Restaurant Association says 80000 of the almost half a 1000000 businesses in the sector face bankruptcy. The German Economy grew by 6 percent in the 3rd quarter thats according to estimates by the German Institute for Economic Research however it also forecasts that the recovery will slow down as new restrictions take hold our financial correspondent konrad bosun has more from germanys Financial Capital frankfurt pessimism has come back with a vengeance to the Financial Markets some investors predict that our economy in germany the Gross Domestic Product will be down to 0 at the end of the year some even more pessimistic for costs this predict that germanys economy will fall into another recession the problem is that compared with the 1st lock down in the spring the financial situation for many businesses here in germany has become much worse which makes a wave of bad quote seize more likely as soon as insolvency rules which have been suspended due to the pandemic will be put in place again also temporary furloughs the socalled shortened work hours schemes might not be enough anymore unemployment is a real threat no wonder that the w. Research institute says the pen demick is taking away the confidence of companies and of consumers in germany. The chief executives of Facebook Google and twitter faced heated questions on content moderation during a u. S. Senate Panel Hearing republicans on the Senate Commerce committee accuse the tech bosses who all attended remotely of suppressing conservative voices twitter has recently slapped misinformation labels and fact checks on some of president Donald Trumps posts on the coronavirus and the president ial election it also initially blocked the story by the New York Post aimed against rival candidate joe biden. Has. Followed that hearing for us. So this was obviously a very wide ranging hearing topics range from anti trust to content moderation to censorship it was obviously very fraught with a lot of the attendees also grandstanding did you have any Key Takeaways from the senate showdown. Well my key takeaway would be that the whole thing was political theater i mean there was a lot of complaining from the democrats for instance on their timing so that republicans a scheduled this hearing so shortly before the president ial election they also did complain in respect to those companies that not enough has been done to prevent hate speech and mis information and then on the also on the other side republicans complained to those companies that their bias still that theyre blocking a conservative topics more than others serve so there wasnt really that much talk what actually should be changed it was not really that substantial it was mostly a political show there. But lets also talk about what the hearing was meant to be about of course section 230. 00 thats what keeps that Companies Like Facebook Google and twitter from being held liable for user posted come for user posted content now what will change for these businesses should that law be revoked thats something that weve heard that both sides say that they want or at least some of them. What we shouldnt forget is that the section 230. 00 actually was sick created in the late ninetys of a not mistaken so at that time Companies Like facebook or twitter did not even exist at this point still if you look at both parties is there is some agreement that changes would be necessary actually Mark Zuckerberg from facebook has and himself is saying there should be changes and that the government so that washington should take more responsibility to get involved when it comes to content on those sites but to me that sounds a bit like they have trying to push the rest sponsibility away from facebook over to congress or to washington so a big question mark also is how congress will change after the elections if congress should remain split that might mean that we also might see the status quo when it comes to section 230. 00 so that not that much will change the stocks by the way of those 3 companies they all went down by a good 5 percent but that might have to do with the overall negative sentiment that we had on wall street on wednesday clearly not the end of that story yes market there on wall street for us thank you very much. Now to some of the other Global Business stories making news. Hot spot is recalling more than 218000 jetta sedans in the u. S. It says a fuel leak problem can cause fires the recall covers models from 2016 through 2018 the us Highway Traffic Safety Administration doesnt say if there had been any fires at documents pension an unspecified number of claims. Italian Prime Minister just thought that conti announced a new 5000000000. 00 euro relief package to support sectors affected by the pandemic the measures for businesses including Restaurants Hotels and gyms include grants tax breaks and additional funds for temporary layoff schemes. And 2022 china will be hosting the Winter Olympics till then it hopes to create a nation of skiers 300000000 people will be drawn into Winter Sports according to government plans and hundreds of ski resorts and indoor ski parks are meant to help achieve that goal. These kids are part of chinas crusade to create a nation of skiers by beijings 2022 olympics the country is building a Winter Sports culture from scratch ski education is now part of the curriculum and many primary schools thousands of coaches have been trained to cultivate future medal winners. Organs yeah i love skiing because falling on land hurts more than on snow but if i see a head. Analysts say china is driving the ski industry the growth in chinese skiers from 2015 to 2022 is expected to equal the growth in north america and europe for the last 4 decades. We believe Winter Sports has its own appeal to people who pursue them get hoped they love it so much with our successful bid on the winter. Lympics even after the olympics we believe it will drive more people to participate in Winter Sports its not only for 300000000. 00 people but a sport for all that. Beijing is funneling billions into the coming games in 2008 when china hosted the summer games the country 100 medals a success it would like to duplicate in 2022. And finally a russian tupolev 154 has made the models final commercial flight before being retired by owner al groups the airlines l. The russian Government Agencies and the army will operate the plane designed in the mid 1960 s. If lou 1st soviet carrier aeroflot and was the backbone of russias air transport system for decades it was seen as the soviet competitor to boeings legendary tried at the 727 though it never came close to its rivals International Sales production of the 154 seized in 2013. And thats all from us thank you very much for watching. One continent. 700000000 people. With their own personal stories. We explore every day life for. What europeans fear and what they hope for. Something small in their own. 60 minutes on t. W. With him how to be a gun did go suckers were lions how you know if i had known that the boat would be small i never would have gone on a trip to cuba i would not have put myself and my parents so much danger of god its a theme of the to give us leave would. Love on sunday because that one little bit of the islam i had Serious Problems on a personal level and i was unable to live their lives im going to. Want to know their story in full migrants terrified and reliable information for margarets. Look closely. Carefully. Soon she needs to be a good. Match. Discover. Subscribe to the documentary on you tube. This is state of the news off make up. Coming up on the program its being called. Cruelty cameroonians. Just school. Speech to the parents mourning the dead and a visit some of the children fighting to stay alive also coming up. She was driving from a country by war. By its continuing violence somali activist it was out of mana cost been awarded the special prize
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