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tv   Business - News  Deutsche Welle  October 8, 2017 3:03am-3:16am CEST

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words father reports president donald trump may soon take the first step toward scrapping the accord under the two thousand and fifteen deal tehran agreed to limit its disputed nuclear program in return for the easing of economic sanctions. the albuquerque international balloon fiesta has opened in the u.s. state of new mexico loons of all shapes lined up in the skies above new mexico's capital nearly a million hot air balloon enthusiasts are expected to attend the week long event. following the controversial referendum protestors on the streets apostle want to see councillor mia become independent as soon as possible. the vast majority of
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voters opted to breakaway from spain but in the past week the political situation has been desperate. separation could have tire consequences for the spanish economy without catalonia spain would lose around a fifth of its economic power the car manufacturers say outproduce is in catalonia and the region also has a strong chemical and pharmaceutical industry. invest as a rattles. on the matrix stock exchange prices continue to slide more than three hundred points of shed over the past week. just over a hundred year and my sense is that this independence attend isn't getting the most . often media but one ends clarity but in the ninety's a sense and happy nation was how shall i not simply want to ignore any of them can . independence may not be plain sailing for catalonia as economy if companies face that fact. from the region. the spanish banks bank based in barcelona and bank
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have already announced plans to leave. both are worried about losing access to the euro zone and funds from the european central bank. german companies with branches in catalonia could also follow suit. there are five hundred of them and they've been given this advice. going to expand zones put any potential expansion plans on the move and see bones in the coming weeks and for us to see in its own way this one is about to have a few other locations within the. person on your own to name when you are coming into the market is dicey in the operations been marked to see from central of the total list. the spanish government to madrid also knows this on thursday evening they said they want to make it easier for companies
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to establish new sites in spain. patients at the european commission is running thin island's government is in trouble for failing to collect taxes from us giant apple. the e.u. competition commission announced that brussels will take ireland to court. year ago the commission decision. requiring ireland to cover up to thirteen billion euros. from apple. however ireland has still not recovered any money not even in part. apple is currently appealing the case it argues that the revenues in question a subject to u.s. tax rules instead. meanwhile luxembourg was also singled out by the commissioner on wednesday with the ruling that it had granted online shopping giant
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amazon under the tax benefits for the past eight years leaving around three quarters of its profits on taxed. it was not justified and this is now has to repay the tax benefit worth around two hundred fifty million euro's plus interest the commissions position is clear it states that no matter your flag or ownership paying your taxes is part of doing business in the european union. british airline monaco has gone bankrupt following alitalia and is the third major european airline to collapse this year. the message came early on monday a shock to many holiday makers over one hundred thousand tourists stranded many in the mediterranean the government is vowing to bring them home in what it calls the country's biggest ever peacetime repatriation we expect the vast vast majority of
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one hundred ten thousand. passengers who are currently on holiday with monarch to to come back to the u.k. within the next two weeks not exactly what is expected. britain's fifth biggest airline had struggled with losses but hoped to turn things around with orders for boeing's latest seven three seven planes and a cost cutting program. bankruptcy remus world last year but that monaco is able to draw a new line of credit now that it's gone so is the airline. where the decision really was a result of continued losses loss has been sustained for quite some time forecast to continue mainly as a result of depressed prices in the market overcapacity in the short haul market as many priests have been depressed for some time. britain's transport minister says other airlines have plans to quickly hire monex staff. but that's little consolation for the three hundred thousand people who helped tickets to fly
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a monarch. they won't be going anywhere. and now an overview of other major topics the federation of german industries has borne german companies in britain to prepare for a heartbreaks it not doing so would be quite naive since the negotiations so far have made very little progress. they say to reason mais government lacks a clear policy and if britain leaves the e.u. without proper plans in place that we devastating consequences for everyone involved britain is germany's biggest european export market for cars b.m.w. operates many plants in the country. inflation is again on the rise in turkey state officials say the annualized rate rose to eleven point two percent in september and it could climb further according to analysts rising exports and fiscal stimulus to feasted the turkish economy which has lifted consumer spending
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that means upward pressure on the cost of goods president had once said in a speech the high inflation is a problem and that he expected the central bank to act. a u.s. senate panel has given the green light for south driving cars the senators have called for uniform nationwide regulations. this new bellwether lao call micah's like general motors ford and the google parent company alphabet to each cell up to eighty thousand south driving cars every year if they're proven to be safe. the full senate must take up the bill before it becomes law. top wall street bank goldman sachs could become the first major firm to start trading in coins big investors have apparently shown a keen interest in the digital currency sources say goldman would likely create a team to trade the currencies much as authority trade zeroes and treasury bonds
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such a move would be a breakthrough for the cyber currency. huge quantities of change are no longer in circulation in germany over eleven billion one cent coins have been produced in the country but eighty percent of them by the bin hoarded according to the government the two cent coin has seen a similar fate cent coins totaling two hundred twenty million euros are no longer being used in transactions and critics say making the coins is a waste of metal five eurozone countries have already scrapped the small coins including italy where all prices around it to the nearest five cents. in iraq the overwhelming bulk of freight is transported by road traffic jams and normal especially around the iranian capital the eighteen million residents of the terra metropolitan region and the automobile industry which is based here have a huge appetite for role materials. but reza carry the head of the region's state
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run railway says there's an alternative he's talking about the eleven thousand kilometers of railway rates that cross around but. all goal is to move thirty percent of freight by rail. a long way from the. moment just over ten percent. if we're going to raise that we have to improve all aspects of our rail about restructure. in african just south of tehran the two most important railway lines in the middle east cross each other. one runs from the port of banda a pass on the persian gulf in the south to azerbaijan in the north the other runs east west from afghanistan to iraq. the swiss trans invest logistics create wants to invest thirty million u.s. dollars in the next two and a half years to build the country's most modern freight hub covering an area the
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size of eighty football fields. we are planning to build dry ports here. like you come to new york here for the full country you know an empty country near what's up the car we're moving by proxy no we are planning. the shipment white crane from the species from the band. brought by train because it's more economy and that it's. more a price. to get long distance freight moving faster at lower cost reza chicanery sees rail is the only practical solution but he says iran needs european logistical experience to make this happen that experience is being brought in by private investors. this kind of foreign private investment is a massive help if you will welcome it and would like to see more of it and we're trying to remove hurdles so that things can be done. up until now
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a print has seen traffic of between six hundred and twelve hundred goods wagons a day when the new freight terminals completed she carry is expecting many times that number. gemini's twenty seventeen wind has been praised but harvests a twenty percent lower than usual late frost and some hail storms about is to blame the most extreme but climate change in extreme weather mean different conditions in individual growing areas with a twenty percent drop across germany doesn't mean everybody juicer was down twenty percent in most the producers in the regions of reflected differently. but the three largest wine producing areas in the country brian has the power to night and bolt and each soul drops of about twenty percent from the year before the few gains came mostly from the east. germany's numbers are comparable to overall declines in
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europe italy and france are also reporting much lower grade. but the quality of this year's grapes is better say the wine makers thanks in part to late september sunshine but business point be easing pretty and some but to be able to make a challenge for individual produce and. don't lose money no question the prize because international competition is to face for them to raise prices including you out of it perhaps or course. he's still a fan of the twenty seven team but i'm not so we can review. every one might have as many value them as mellie and i have devalued boards you tube channel. we have over four seasons stories manny's tournaments that.

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