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tv   Business - News  Deutsche Welle  October 4, 2017 3:03am-3:16am CEST

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leaders gather in the city of minds the celebrations are being overshadowed though by a strong showing by the nationalist alternative for germany party in last month's general election. three american scientists have won the nobel prize in physics for the discovery of gravitational waves the royal swedish academy of sciences awarded the honor to rayner weiss barry barish and kip thorne the three lead the so-called legal experiment which in september two thousand and fifteen first observed gravitational waves ripples in the fabric of space time predicted by albert einstein. spain and crisis catalan separatists may just try to voice their anger at madrid protesters blocked major roads forcing many businesses and services to shut down also on the program a volcano about to erupt is threatening people's lives and the tourism industry on
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the island of bali and good old fashioned manual typewriters live on and on in india. welcome to your business i'm krista of colburn bolin two days after the violent referendum on independence in catalonia rage and i'm certain are taking their toll on the economy and spain's richest region a general strike brought large parts of catalonia to standstill on tuesday carmaker say i've had to hold one of three production lines some warned that catalonia breaking away could hurt spain's economic recovery. spaniards like yourself or gomez lost their jobs when the country's banks were on the verge of collapse she runs this community group one of many for those affected by the credit crisis for them no investment from banks meant no opportunities for businesses to grow cutbacks followed unemployment has since dropped nationwide but spain is still very much in recovery pro independence catalans are confident they say their industry
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and tourism will help them go it alone but breaking away would certainly slow down spain's return to the level of its pre-crisis economy however it would be wrong to overstate the impact catalonia attracts fourteen percent of all of spain's foreign investment still it lags way behind the spanish capital madrid which brings it almost sixty five percent despite being a top tourist destination and a big exporter catalonia comes forth in g.d.p. per person behind other regions madrid the basque country and. independence could have a downside for the catalan economy too hundreds of companies have chosen to move headquarters elsewhere in spain worrying that disruption and change in catalonia could upset their business that's cost the region billions of euros in lost opportunities many firms are coming up with backup plans in case of independence. the outlook here in barcelona is usually sunny but the economic clowns for those
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spain in catalonia won't go away as long as the independence question goes unanswered. time now for a quick market check up so let's bring in our wall street correspondent standing by . investors where i'm fresh sales numbers from the car industry give us the latest . here september has been a very good month for the u.s. car manufacturers thirst specially general motors and ford increased sales so much more than expected and with chrysler there was the increase but now. as steep as fear to well we had the huge americans here in the united states sold some car owners had to replace their vehicles and also some car manufacturers offered bigger discounts that is good for sales but not necessarily for profit margins and then also some foreign car companies like for example was a sales increase of a good thirty percent did better than expected so overall
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a pretty good month and we will see how sustainable that trend is and keeping all four tires on the road a car maker test last dramatically missed the production target for its first car for the mass market how did that go down on wall street well investors here on wall street seem to be pretty forgiving at the moment if you look at the expectations tesla was hoping to produce fifteen hundred cars of the model is three in september but overall they only could finish a good two hundred sixty vehicle of the model three but if you look at other models like the x. and the s. tesla was able to produce a few cars and more as expect to mend so all overall the stock of tesla also gained here in that use this session scored in new york thank you iran's
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economy is thirsting for investment and after signing the landmark nuclear deal with the west in twenty fifteen it looked like things could be improving for the second largest economy in the middle east but as the rhetoric between washington and terror on has become fiercer recently bridging the gaps that they ran europe former forum has become easier. the annual conference brings together government officials from around with businessmen bankers from around discuss deals with colleagues from germany or denmark due to recent developments the europe iran forum appears more important than ever in this its fourth year we're lucky to have european ambassadors senior officials from the european union and other figures from the policy world here in this event and bring these two communities closer together iran's political and economic ties with the west have been strained since donald trump became us president. the islamic republic remains eager to modernize
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its infrastructure and production facilities with the help of outside expertise the fresh sanctions on iran announced by trump in july of lent the event and zero out it doesn't see. under those circumstances the appearance of american delegates at the conference is considered a positive message i think it's important for iran it's important for europe not only focus on the drama in washington there is a lot that can be going on into iran there's a lot that could be going on brussels paris frankfurt london. that that doesn't have to do with the united states as a previous events one thing is abundantly clear does years europe around for a european banks and companies have their eye on the iranian market and do not want to see that business wanted by the u.s. . to bali now where thousands of visitors at the island local authorities have issued the highest alert level. warning that the active volcano might erupt
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threatening people's lives as well as bally's multimillion dollar tourism industry . empty streets usually a favorite destination for tourists but these days no one wants to do any sailing fishing. instead boats are on use restaurants empty local shop owners and others catering to tourists are deeply worried. yeah. and situations like the guests are departing because they're afraid of the volcano they're afraid of the eruption of summer. and snorkel but our income is getting short. of course it's not only tourists who are left more than one hundred forty thousand people have been evacuated from the area around mt of whom many of them staying in temporary shelters the older ones remember the volcanoes most recent eruption in one thousand nine hundred sixty three when over one thousand people got killed ever since scientists have been
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tracking all seismic activity recording hundreds of volcanic earthquakes daily as the mountainous fissure by rising mark mount and occasionally spewing ash over two kilometers into the sky some in ahmed however are on faced you should come back to ahmed it's amazing the driving is amazing yeah the weather is great so it's all fine apparently for less adventurous souls all is not fine most visitors have packed their bags and gone home residents of bali hope that they will come back one small decline is silent again. for many of us typewriters have become a thing of the past not so an india and fraud of many illegal chambers are public offices typists are still waiting to put into formal fawned whatever their customers wish but earlier this year colleges and the financial capital mumbai
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announced they will be phasing out manual type writing courses so the typewriter is set to disappear or is it our correspondence on f on the car reports. the sound of a long forgotten outside a local court in delhi street typists still earn a living from a machine that's obsolete in most parts of the word. rock shabana has been working at this exact spot since one thousand. bunching out at the did its sleeves contracts rent agreements and other legal documents on a second hand machine. she makes about five to six dollars a day just enough to make ends meet men like taping manual typewriters and really heavy when they can get done we don't have to worry about electricity pheidias we don't need a printer cables only need is a machine and
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a table thats it. typing is the only work she's ever trained for and she's not giving it up anytime soon. i love this type writer like my actually it's my only source of income i continue typing the very end. but the end has a right for this iconic machine and typing has also become a dying skill as india pushes to modernize and digitize its economy there ever fewer takers for the antiquated technology. as a result shops like roger on the decline his family has been selling typewriters since the one nine hundred thirty s. in delhi faced with stiff competition from computers has been forced to reinvent his business restoring antique typewriters like these quite some time i was feeling the pressure. of the period. but.
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somehow he remained. passion and that is making some business and. has embraced new technology in order to preserve the old he routinely checks out websites to get information about the value of his price pressures. his refurbished portable typewriters. one hundred fifty dollars. also has a place. of over one hundred ray machines some more than eighty years old. the typewriter made to survive in the hands of skilled repairman. giving the old machines a much needed to know perhaps destined for a collector. or as an expert in the museum. what a great story that wraps up our program as a result checking out our social media feeds higher late recommendable thanks for watching this year tomorrow.
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