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tv   Business - News  Deutsche Welle  November 3, 2017 12:15pm-12:30pm CET

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the deactivation was intentional. here's a recap of the top story that we're following for you and d w they've been protests in wasilla not after spanish judge detained eight ministers of the deposed gotten on government the judge is also expected to issue an international arrest warrant for the continent leader karl disputable who was in brussels. that's it for me under that you have to do say the deed of you news get out and first standing by he's got the business news for you shortly. g.w. true diversity. where the world of science is at home in many languages. on top of programming go on their way to the show he says you know with us our innovations magazine for any. of us from with every week and always looking to the
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future fund d w dot com science and research for asia. every journey begins with the first step and every language with the first word published in the. rico is in germany to learn german why not learn a simple online on your mobile and free stuff from d w z e learning course nikos fake german made easy. to. apple's bumper crop of us the new i phone ten hits the shelves apple reports record q three profits and apple stock shoots up to an all time high bring it to a fairy tale market cap of nine hundred billion us dollars. and trump's fed
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man well jerome pollack. the feds monitor a policy on janet yellen scores. this is the w. business live from berlin i'm going to her office ten years after it launched the game changing i phone apple has released the most recent model in the series the computer giant is still moving from strength to strength profits hit ten point seven billion us dollars in the last quarter alone and many are predicting that the i phone ten will break sales records even though at nearly a thousand dollars for the cheapest version it's not exactly cheap. the images are practically identical all over the world there's a countdown customers burst in when the doors finally open like here in tokyo they put down a pile of money and leave like this student euphoric. i think i want to go home and get some rest and then enjoy the phone. the latest i phone has an
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edge to edge display and uses facial recognition technology. but otherwise it doesn't seem to be the huge technological leap forward that apple claims even so it costs around one thousand dollars in the u.s. and up to half again as much in japan china or europe that makes even the biggest apple fans think you know you've got samsung sewing it's the same thing and about forty to fifty percent less than one half was charging apple has a good marketing and a good brain and that's mainly what we're paying for everyone's paying for the brain and everybody knows. how long can apple keep it up competition is growing and samsung isn't the only challenger chinese manufacturers like shalmi and while way also want a slice of the pie. there's always a big hype about any of you i phone sometimes it's actually justified to find out
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the thing our tilt and take specialist welcome to the studio and if you look at the smartphone market overall if you look at the competitors as well do the likes of some so no need to be worried about the i phone ten was the i phone expo the way oh well a lot of people say x. but if you ask apple they're actually calling it the i phone ten exclusively well it really depends on what you mean about worried i mean the i phone has always been kind of the mercedes of these smartphone market they occupy that premium space right there at the top and with this new price point they're definitely trying to take that territory for themselves or say no way are the king of the most expensive highest and smartphone. you know samsung has been doing a lot of business in that end as well but the real action is actually down in the lower in mid tears segments i mean we're seeing a lot of competition coming out of china and that's where you see most of the motion coming from companies like chua way or sell me. what's the difference to my i phone seven or i phone eight well that really is the big question the co-founder
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of apple is that he's actually sitting this generation out because he said he already has an i phone eight and it's the same thing as the seven and they're all basically just clones of the six in his opinion he said he hasn't really seen a lot of innovation being cropped up and the new series of devices is not a big step that well it really depends on who you ask and if you look at the device it is kind of a new design we're seeing it's a bezel is designed meaning the screen goes from side to side of the device is the first apple device to have that however we seem devices like that already come out from while away and also from samsung as well with the samsung galaxy eight the real difference for apple is what's underneath the hood they have these new artificial intelligence chips that they've built into the device which they're hoping will improve customer experience which way will they do improve customer has been out of it is intelligent such a big actually mean for me well basically what it means for the consumer is they have specialized chips on the device which give it a hell of a lot more processing power which allows it right now to do the whole face on lock
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thing so basically a situation where you use your face to unlock the phone you look at it and suddenly it's open for you on that you know it's it is quite handy however there are security concerns that people need to think about when they using that is want to throw that out there but basically these artificial intelligence chips will make the phones more powerful other companies have them as well but their solutions actually require the phone to send data to external servers which means use more power so these chips will give apple bit more power in the short term and also helps save battery life in the long term and also keep your data a little bit more secure because you don't have to send that data it's. gathering to external servers. i'm tilton thank you very much for this update on apple's new i phone washington's worst kept secret out the road powell will be the next chairman of the u.s. federal reserve from february a pending senate call confirmation so who is the man as a fed board member since two thousand and twelve powell has in the past mostly
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supported the policies of his predecessor janet yellen and is expected to remain cautious about raising interest rates too quickly but he will oversee efforts to unwind the monetary stimulus brought in after the two thousand and eight financial crisis. u.s. president donald trump considered five names including current fed chair janet yellen before choosing powell who has served as a fed governor since twenty twelve a soft spoken centrist powells name has been circulated as a top contender for over a week as president there are a few decisions more important than nominating leaders of integrity and good judgment to hold trusted positions in public office and few of those trusted positions are more important than the chairman of the federal reserve powell sixty four has a background in law and joined the fed in two thousand and twelve he supported janet yellen store action in setting monetary policy and stepped in line with her
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post financial crisis plans even helping to develop them. inside the federal reserve we understand that monetary policy decisions matter for american families and communities i strongly share that sense of mission and i'm committed to making decisions with objectivity based on the best available evidence in the longstanding tradition of monetary policy independence powell will replace this woman as fed chairman janet yellen she succeeded ben bernanke in twenty fourteen under previous u.s. president barack obama. i think she could be seen as one who kind of carried the torch and continued the bernanke doctrine in his wake and did a great job in terms of communicating policy intentions and telegraphing those moves to markets so why is trump breaking with tradition and replacing the fed chair after only one term experts agree that yellen led the fed with
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a clear vision and concrete results but the president wants to get rid of an appointee brought in by barack obama although trump needs a yellen style fed he needs it without janet yellen which makes powell the perfect choice for the job let's check how markets have reacted to the news as a financial correspondent standing by in frankfurt for us we have investors taking the nomination of paul. they've taken they've taken it positively i know most people would have liked to see janet yellen be able to continue but this is the next best thing he supported her policies as we've just heard he's a relative moderate and people also see him as being able to build consensus around the table and that's also important especially if unexpected events happen and the fed has to react to them and most people are sure unexpected events will happen
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they always do during the term of a fed chair something i think a lot of people here in europe and in germany are uneasy about is the prospect of his maybe supporting easing up on banking regulation. other than banking regulation you reckon that the policy of the fed will change. but people don't expect that at the moment because he's been supportive so far but if janet yellen indeed not only loses the chair in february but also resigns from the term she could stay on as a board member but if you resigns and there are four vacant seats to fill by the president and if donald trump puts in people with a different monetary policy outlook then it would be up to powell to either contain them or to moderate and given a little so we could see could see a change in monetary policy in the next couple of months in years not certain but a possibility only bounce in frankfurt thank you very much. lower taxes
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were the central economic promise in donald trump's presidential campaign now he has presented the first draft of a tax reform revamp he says that is specially companies and families should benefit from the boss not everyone is convinced. it's supposed to be the biggest tax cut in u.s. history and the first major tax reform effort for more than thirty years i call it his biggest success but the average citizen would benefit little. especially big companies down to profit with the tax rates had to be reduced from thirty five percent to twenty percent. smaller companies would see their taxes capped at twenty five percent. and income tax for employees could be anywhere from twelve to thirty five percent but families are set to receive more tax incentives. with this plan we are making progress reforms so that yes america can compete with the rest of the
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world but we're also making it so that families like these that are here can have more take home pay this is it this is a very important and special moment for our country for all americans but these tax cuts would cost the state around two point two trillion dollars over the next decade that's money that would be missing from the budget analysts say these reforms are set to widen the already gaping deficit whether trump manages to get the plan through congress is uncertain and even influential industry groups have been critical. and that's it from me on the business team here and i will and i'll have an update for you in the next on the meantime check out our facebook and twitter feeds we go here is a real time check on global markets at this hour thanks for watching.
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take off life. take football personally. i do it. straddling two was never supposed to choose but one does make a start is committed to helping children in ethiopia. company him on
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a trip to one of the poorest regions in the. laundry done international talk show for journalists discuss the topic of the week adopted from south america first policy wind up putting china in the international driver seat find out on country tune. in sixty minutes. and if. you think that i may speak your language does that. for content in dari pashto and or prospects for returning our web special future life in germany and the prospects for those returning home. join the discussion on t w dot com and on facebook.
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prospects for returning. w maybe for my. welcome to quadriga that. you had a. women's tour. w. . smart women. smart talk with. a smart. w. . the .

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