tv Business - News Deutsche Welle November 9, 2017 12:15pm-12:31pm CET
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the underdogs aren't short of confidence northern ireland have lost only once in the last ten competitive home matches that to world champions germany. today to the top of the both the inside story of billions of dollars in trite deals that are not. visit to china but i can come you know whose business updates. i am doing fine tens of thousands of fans for their mega life sets. a lovely it's just a really beautiful moment that you're able to share with people a little. they clog up more air miles than some
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pilots. like congress or every animal house no reality. three german d.j. superstars can't get any more bombastic movie come use it didn't exist we had no idea what we want to do here and how to do it ourselves. between backstage rooms so disciplined and a twenty four seven social media presence. superstar deejays starting november twenty fifth on g.w. . at the. u.s. president. china's xi jinping have signed a whopping two hundred fifty billion dollars worth of business deals but it will take more than that to reduce the extraordinary trade imbalance between the way.
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and china and that many elements of the package on non-binding or deals that have long been approved. coming up all set on the road to success the former g.m. subsidiaries looking towards a new future on the french auto giant as a. deal ministers failed to agree on the use of controversial weed killer life to say we go to brussels for the latest. welcome to business. during his visit to china u.s. president and his chinese counterpart eugene ping and now is the bilateral business deals worth two hundred fifty billion u.s. dollars including thirty seven billion dollars worth of planes from boeing the two leaders seemed to get on well but looking more closely relations between washington and china aren't all that rosy in the pos donald trump repeatedly accused beijing of unfair trading practices and has threatened china with terrorists as look at the
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numbers last year the u.s. exports of goods was only one hundred and sixteen billion u.s. dollars to china however because many u.s. companies now manufacture there the u.s. imported about four times that value of goods from china chinese foreign direct investment in the u.s. had forty six billion dollars in twenty sixteen but so far on that on the trunk it's dropped significantly so while donald trump is known to criticize u.s. chinese trade imbalance he doesn't blame china for it and he is what he had to say in a speech to business leaders in beijing. who will have a more prosperous future if we can achieve a level economic playing field right now unfortunately it is a very one sided and unfair one but but i don't blame china. after all.
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who can blame a country for being able to take advantage of another country for the benefit of its citizens i give china great credit now than donald trump they're on something like a charm offensive with chinese business leaders at least let's return to money as bowling in beijing yes that's quite a different tune we're hearing there from donald trump at least when it comes to business and trade relations what's he have to chief. well that's not so clear what he hopes to achieve obviously he is convinced that consequent fronts are two of way would not get him where he wants he hopes he can get china to cooperate more on this. issue of the means that he would hope some kind of voluntary contribution by china to reduce this trade imbalance how far you will
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get with it's of course not actually i wish i was just about to say i mean a voluntary move by china to improve trade balance between the u.s. and china why would a beijing be interested in doing so if it had been if it had a vital interest in doing so it would have done so. i think on the long run china cannot be happy about this balance going so much out of out of balance but because china is the biggest creditor of the us and it is interested in a stable you as economy but still the country is profiting from this imbalance and it will probably not change its policy just for the sake of having. to in your favor to try ok off having a sort of nice a harmonious pictures together there in beijing thank you so much for this. well
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germany's ople is looking to a new future under french own f.p. as a group and since today we have an idea how the ailing comic plans to return to the road of success. ople c.e.o. michel lo sheller presented the company's new strategy for the future the good news is that no employees need to be fired very importantly and i want to address this at the very beginning oh objective is to achieve our goals without plant closures and without for three hundred feet in europe thanks to a strong improvement of competitiveness. opel has been making losses for nearly two decades and now aims to break even by twenty nineteen and then show profits a year later in its eighty eight year ownership of opel u.s. giant g.m. never allowed the last played firm to expand outside of europe notably barring it from entering the lucrative chinese market but that's about to change opel will be
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available in china and the u.s. open as new profitability plan is called pace it calls for renegotiating salaries labor costs will be cut through flexible working time arrangements buy outs an early retirement furthermore opel plans on scrapping the existing g.m. technology and replacing it with p.s.a. technology by twenty twenty new more efficient production methods should lower production costs by seven hundred euros per car and last but not least opel will build electric versions of all opel models the european commission proposed wednesday that thirty percent of new vehicles on the continent should be electric powered by twenty thirty by implementing these measures opel will end up saving one point one billion euros annually and least that's the hope of the parent company in france. let's bring in our correspondent daniel cope with standing by for us at the opel factory in the uk listens hi emma that a lot although there was a press conference taking place what more did you hear there. well certainly opel
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has a very ambitious plans monica already until twenty twenty they want to be profitable again something they didn't need to when they were still under the ownership of general motors pretty much since one thousand nine hundred ninety nine they also announce that they want to reduce the cost per car for at least eight hundred euro's and their mobility is going to be a very big topic for them so for the moment this is going to mean that opel employees won't have to worry about their jobs but of course we don't know what's going to happen until twenty twenty because as i said those are very ambitious plans and so it's just for the moment it's good news for the opel employees all right so what's what's the mood like there then i mean we can see people behind you enjoying a hearty it did not just that sort of reflect how opal stuff feels right now when i guess there are mixed people make mixed feelings among the employees i have
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talked to quite some of them this morning most of them are actually telling me that they have a good feeling with his new french ownership of p.s.a. they told me that they always had this feeling with general motors in the past that general motors didn't really understand the european market very well and that this is something completely different different now with a p.s.a. of course there is some uncertainty what all those new structures are going to mean for the individual employees so some of them are telling me that they don't really know and which department they might work in the future but in general i do have the feeling that they are looking optimistic into the future all right so lots of changes ahead but not necessarily for the worse not for everyone danielle called in the listeners heim at opel thank you so much. e.u. ministers failed in the latest bid to agree on a new five year license for the controversial read kill of life for state this
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comes just weeks before the current license expires on december fifteenth life state is vital to the industrial farming methods that put everything from sugar to bread on the dining table and although supporters say it's both cheap and easy to use there are indications the substance could pose a risk to health. for more on this decision or rather non-decision i'm joined by katz one matson's in brussels that's when what went wrong this time well basically we have two troublemakers here with regard to the member states first of all germany germany has no opinion on there is no consensus in berlin rather there is progress lies a fair position or against life as i've said it didn't take part in the vote second troublemaking is france all member states here in brussels very closely watched the french varied because with a pro french vote it would tough been possible to reach this needed qualified majority but as we know this didn't happen today and this is why we still have this
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deadlock in this crisis at story so i read somewhere today that france didn't like the idea of extending the license for five years and would rather like to see an extension of three years i mean what's going on why just france opposed the vote. well you're absolutely right so france where is it was not a total no it was a compromise inside it there was room for compromise france said ok we don't like the five years of the european commission but what is about three years and the european commission to be honest was not willing to take this compromise on the table and another really important element is we don't have to forget france is not didn't move a really hundred percent dream one hundred percent green but they have an x. n.-g. o. activist in the government as minister and he's under high pressure so this was also a political choice to say we have to stick to at least of the three years of
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compromise if we want to be credible at home so it was necessary for france to stick to the three years are to say no to a lot of percent and this is what happened today all right and cattle and just briefly if you would have and what does this mean now for the use of life for sage in the farming sector in europe wildlife said will be on group in fields until mid december this year this is clear but beyond that day the license would expire after life as this would mean for the one side monsanto would lose the big important european market but on the other side this would be the versed case scenario for the european farmers they say then we don't have an intransigent time to find another pesticide and this could even be dangerous for consumers well that sounds quite dramatic that kevin martin is there for most two years in brussels thank you so much. that's all for business for now thank you very much for watching.
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battles heat and drought britain is expanding its main young. d.w. . entering the conflict zone there are plenty of strong views about the muslim brotherhood several arab states have declared them a terrorist organization my guest here in amman jordan is a team of taboos she's an m.p. for the islamic action from the political wing of the brotherhood was king abdullah right to accuse them of being like wolves in sheep's clothing. in sixty minutes d.w. . united against climate change. big. challenges for the twenty third u.n. climate conference in bonn how are nations working to meet their paris agreement targets. d.-w.
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is there and reporting daily. from the cup twenty three this weekend next on d w news. health. and here in studio. solidarity. they fall by the wayside when the gap between rich and poor grows. life in an equal societies. the divide starting november fifteenth on t.w. . hello and welcome to focus on europe i'm michelle henery glad you could join us can climate change the.
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