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tv   Business - News  Deutsche Welle  February 7, 2018 6:15pm-6:31pm CET

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call the deal her conservatives struck with the social democrats a basis for good government also shell democrat leader martin schulz said the pact would bring fundamental change for both the germany and europe his party's rank and file still have to ratify the agreement extending the country's wait for a new government by another couple of weeks. all right that does it for us on my own hauraki and brylin the news continues at the top of the hour for now thank you so much for spending a part of new day with us. frank food to help watch international gateway to the best connection self in the road and radio. located in the heart of europe you are connected to the whole world. experience outstanding shopping and dining offers and try our services. be our
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guest at frankfurt airport c d managed by for. every journey begins with the first step and every language with the first word courage to. recoat is in germany to learn german why not learn them simple online on your mobile and free to suffer from d w z e learning course nico speaking german made easy. after months of political paralysis germany's main parties have secured a coalition pact that should give europe's powerhouse a new government it could also herald a new direction on austerity and european integration will pick apart the deal with the business laid up. also coming up as the because vote. he continues some
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countries are looking at banning the digital currency but icelandic has a woman a welcome despite the colder climate which is actually the selling point. and the grain stays aloft but changes its color as look tons of gates and you livery. and it was all in let's do business and you german government is finally shaping up and it could mean a new direction in south with the old finance minister both. revered at home it loves to preach austerity to the southern europeans they hated him but hate greece is back on international markets today spain has recovered and the next german finance minister could beat this man pro-business centrist all of charlotte's he's from the social democrat coalition partners and could soften the harsh face of austerity any change would be mild and business executives will struggle to convince shoulders to adopt new corporate tax cuts modeled on those passed in the
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united states which have triggered a flood of investment the last corporate tax overhaul here was a decade ago the association of german chambers of commerce and industry praises the coalition packs for investing in digital education and broadband but this criticism from other groups that nothing much is going to change under another grand coalition the video may engineering association calls the deal lackluster we've got managing director boardman with us where is the vision. there is lacking vision indeed we were hoping to have a coalition so into where germany and europe stands at two thousand and twenty two and twenty five and this is completely lacking it's like continuing the last four years with spending more money on social gifts and not much. innovation and investment where will germany stand do you think with the us cutting corporate
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taxes and german companies really buttering up mr trump by sort of doing it it doubles the world economic forum they are giving him one deal after the next because his company his country is open to business. whether we like it or not mr trump has of course open. competition worldwide tax competition by having his tax reform. europe and also germany have to take this into account what this coalition does not do is to increase any tax that's something that's also not true before an election. of course we do not see any attempts now and the possibility to talk about a real tax reform a structural one and one that goes with the ficus old that is of course one of the
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problematic points that you know i want to talk about cutting taxes what about income taxes for example state coffers a bold. and there is no increase of income tax only very very little to reduce taxes in germany for the time being small things like what we call in germany. are going down but not for everybody only for people with lower income than others so there's not much development in here we're really lacking a reform that goes into the structure and helps companies one thing that is of course a real pity the competition is rising and what we can do to be the number one position in x. sports for the time being would be of course more innovation and more innovation asks for. tax credits for research and this might come but only to
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a very small extent not helping for the whole problem a small extent but the association of german chambers of commerce and industry had quite a lot of praise for this coalition treaty saying that the pact did include investments in broadband expanding broadband and also digital education. yes for the infrastructure indigenous has a sation there is something in this contract but unfortunately last very long till this is in place they are talking about finalizing the nets for companies in germany by two thousand and twenty five which is even beyond the legislation that is has been elected now so that takes a long long time and we would have been very glad if this room. in the next coming two or three years ok said not enough and not quick enough that's the judgment from portman managing director of the b d m a all night coalition back. the dow jones
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has decided to pack its bags and head north wall street continuing its recovery following a series of massive swings over the past few days signs central banks could raise interest rates more aggressively had spotted the volatility and it spread around the world right now the dow is up by about one percent european shares went even higher closing about one and three quarters of a percent in positive territory the extreme volatility remains for a bit coin though it's surging again today after yesterday's big bowls and it still well below those cryptocurrency highs of close to twenty thousand u.s. dollars that was just a few weeks ago more and more countries talking about bans or restrictions however iceland is a little more welcoming at the edge of the arctic the cool climate persists year round that might not be great for visitors but it's an advantage for the cryptocurrency industry which is flocking to iceland and ever larger numbers
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iceland's cold winds help keep computers cool thousands of computers with powerful graphics cards are needed to create cryptocurrency on an industrial scale those computers need constant cooling to prevent overheating. some data centers such as this one in keflavik only have partial walls on each side allowing a cold draft to enter. i suppose basically all the ingredients the miners and all the high performance computing companies require it has the abundance of green electricity it has the cold climate it is a located in a fairly secure location keflavik bitcoin farms are powered with electricity from a nearby geothermal energy plant it's one hundred percent green like all the countries power a bonus for an industry facing criticism for its electricity consumption and environmental impact. less than forty u.s. dollars per megawatt hour iceland's energy is also comparable cheap in china prices
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are more than twice as high an estimated fifty megawatts are currently being used for mining bitcoin and other crypto currencies in iceland that equals about half of what the countries people use to power their homes the industry is expected to double its usage this year it faces resistance critics still fear the environmental impact and demand regulations and taxes but in the moment as countries like china and south korea increase the pressure on cryptocurrency cold ice land represents a warm welcome germany's national carrier is trying to modernize its image by offering its logo along with a few other cosmetic touches it's keeping a flying crane will get rid of the yellow instead the airline wants to fly simpler and cleaner colace the changes won't be huge this is germany they'll take some tough. twenties torture love tons of planes
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already sported the flying cranium and the company name in uppercase letters along with lots of luxury and saw it. the nineteen fifties soar more female flight attendants got a dark stripe the black crane logo remained. in the sixty's record profits in germany's postwar economic boom committed a new livery design tons of became positively garish with a blue and yellow stripe and a yellow background for the crime scene. that iconic symbol sometimes derided as a fried egg is now history in future the aircraft will support a white crane on a blue tile the gray underbelly will turn white even if it will be some time before all of the three hundred thirty aircraft in kansas fleet can be repainted the airline expects the costly redesign to be complete in eight years and not only the
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planes the uniforms accessories even the switches have to be redone the familiar warm yellow will disappear or be restricted to a small welcome badge many design enthusiastic mourn the passing of what they consider an elegant and timeless livery. blue and white bodies an unusual in northern europe like scandinavian airlines or finish here which underwent a facelift in two thousand and eleven in new looking modified logo and phone as well as a new paint job cabin design livery and service areas. all of which cost the airline an estimated ten million euros. tons as blue is exclusive the color was developed especially for the airline.
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so much money and. something exciting the world's first passenger drone has made its flight in the chinese city of jol all you have to do is fasten your seat belt and the automated flight system takes over the electrically powered drone can take a single passenger on a twenty three minute flight one hundred kilometers an hour. by in the united arab emirates announced plans to cooperate with the company behind the drug. to develop flying taxis to service a desert city. where. business with you about to. cut cut. cut. cut. cut.
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cut. cut cut. cut. cut cut. cut cut. cut cut. cut. into the conflict zones confronting the powerful this week on conflict zone i miss them both to talk to russia come back should calm my soul took his ruling fall to the a.k.p. she speaks for a culture young shouldn't the government just use military operations in syria and continue to crack down on civil liberties. principles.
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european stocks still are proposing performance of such. live concerts every weekend coming up in concert. to. be a big. client dortmund's show like the biggest favorite seems to go all the best goals we've got all the action the job is the home of job but all share the experience of every match. the bond is legal every weekend here on g.w. . he will decide on the entire plan fires came
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from directors or dealing with anyone at all they killed many civilians i mean that coming from doing my father was such and i was a student i wanted to build a life for myself. but suddenly life became elish kind of sob. providing insights global news that matters d. w. made for minds. this week on conflict zone i'm in istanbul to talk to roger come back she comes by still took his ruling party the a.k.p. she speaks for a party on schumann rights since parliament and is also a close confidant of president touted as the government pursues military operations in syria and continues to crack down on civil liberties.

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