we'll go to the euro max you tube channel. good mine of story. with exclusive. must see concerning culture in europe. to be curious minds. do it yourself networkers. subscribers don't miss. coronavirus takes a strong a grip on the united states and its economy because the u.s. posts record daily case biggest data suggests its g.d.p. fell by more than a 3rd string april to june. the pandemic is also hit. we'll hear from businesses that desperate for help. meanwhile cash is also a problem in cuba to find out why that welcoming american dollars. this is your business. it's great to have you with us the international monetary fund says the united states economy shrank by 37 percent during the 2nd quarter. the i.m.f. expects coronavirus shutdowns to cause a 6.6 percent contraction in u.s. g.d.p. for the year it's also willems that the biggest threat to the country's economic recovery is another resurgence of the virus meanwhile the u.s. has just posted another record number of daily cases more than 77000. but let's get more on this from our financial correspondent in

with sales of around 16000000000 euros. now to some of the other business stories making news boeing has settled claims related to the crash of a 737 max jet in indonesia 2 years ago a u.s. plane maker did not disclose the amount of compensation the crash followed by another one in ethiopia led to the grounding of all 737 max planes. deutsche bank has agreed to pay $150000000.00 to settle claims that it broke compliance rules in its dealings with the late sex offender geoffrey epstein and the regulators said the bank failed to prevent millions of dollars of suspicious transactions. coronavirus has devastated revenues a german car maker dialer but the manufacturer of the luxury mercedes brand is cautiously optimistic as an upturn in china spreads per se he's been sales plunged 19 percent in the 1st 6 months but the group posted record mercedes sales and china chief executive on the cleanest told virtual shareholders in a virtual shareholders meeting excuse me di miller is planning to step up its cost savings program because