tv Business - News Deutsche Welle February 10, 2018 2:15pm-2:30pm CET
2:15 pm
ready to lead her squad into battle in the samba drome the dance school competition kicks off on sunday. and you're up to date now here on d w news will be back again at the top of the hour and all of us here in berlin thanks for watching. today. you know the banks. and so watch the language of the bank. speaking the truth global news that matters g.w. made for mines. and freedom of expression. a value that weighs has to be defended and you. all over the world. are
2:16 pm
afraid of freedom of art. a multimedia project about artists and their right to express their views freely. d w dot com to freedom. thank you this week saw the biggest seven day fall in global stocks in the past six years on monday the dow jones tumbled as much as sixteen hundred points a record for a day's trading. paradoxically analysts good u.s. economic data the previous week tightening cycle in the us pushed bond deals up but it's also put pressure on the u.s. stock markets and not only u.s. markets the panic spread to asia where investors went on
2:17 pm
a selling spree on tuesday tokyo's nikkei index fell by nearly six percent. this isn't normal it's probably because of the plunge in the us i thought the economy was in good shape with share prices going up but a sudden drop like this makes the future outlook unclear the more the stock prices went up too far without reason it's time to hold tight and. there were big losses in europe too although shares recovered slightly on wednesday only to slide again later in the week analysts tried to look on the bright side. because in through we went up too fast twenty one percent last year in the u.s. alone music no one knew when a correction would come but one thing is clear the fundamentals are stable so we don't have to fear that it's going to keep going down versus those divide. and get the weak final tally hunkers hang seng lost more than nine percent somewhat less than japan's nikkei and the deaths in frankfurt u.s.
2:18 pm
stocks gained on friday but the wild week of losses seem to prove the cliche that stocks take the stairs up and the elevator down. after a marathon session germany's conservatives and social democrats struck a deal on forming a coalition government the grand coalition would keep uncle americal as chancellor the social democrats are to receive several top cabinet posts and the interior ministry will go to americans but very allies the c.s.u. they praise the agreement yet this year on the seabed on sept anyone who reads these one hundred seventy seven pages and i hope they will be widely read. but you will see that what we are proposing is good for the people of our country as of long the fall. but the optimism that the three leaders tried to convey is not entirely shared by the german business community industry associations complained the hoped for corporate tax cuts were not written into the deal and they say the
2:19 pm
new agreement will end up making firms pay billions more to health insurers. employers also reject tighter restrictions on temporary job contracts they say will make it harder to react flexibly to the ups and downs of the economy. it's a surprising together of costs regulations and additional changes for the worst especially compared to the program agreed in the initial talks between the parties and i go by them because this is significantly worse. business representatives responded positively to a vow to expand internet connectivity but found fault with the time frame which would guarantee fast broadband throughout the country by two thousand and twenty five too little too late they say. into some the standpoint of german industry we can't be happy with this it's much more about redistribution than about creating the conditions for more prosperity on unions have signaled cautious approval of the agreement including moves to raise child benefits and invest more in schools then
2:20 pm
a schooling on mitt if the coalition agreement succeeds in improving millions of people's lives. whether it's a nursing or an education or in pensions that would be a very positive signal of change in our society from a positive one was like a social but for business lobby groups that is not a positive signal they want more investment in research and development in future oriented technologies like artificial intelligence otherwise they say the german economy will find itself lagging behind. after serving jail time on charges including bribery perjury and embezzlement one of south korea's wealthiest and most influential managers was released on monday lead j. young also known as jay wiley served just one year of his original five year sentence . all right over the promo for
2:21 pm
a working girl again i feel very sorry to everyone for not showing my best side. new york the world and it's been a really important year for reflecting on myself i'm going to do that i will thoroughly check in and do my best in the future. lee was embroiled in the biggest bribery scandal in south korea in history. in his first trial he was found guilty of bribing the country's then president going hey an appeals court dismissed most of the charges including that payments for a horse for the daughter of one of president pacs friends were made in return for political favors to others some song managers also had their sentences suspended li is the grandson of some sons founder his fortune is estimated at around eight billion dollars in twenty fourteen forbes magazine ranked in the thirty fifth most powerful person in the world. u.s.
2:22 pm
justice officials say they've struck a major blow against an international cyber crime ring thirty six people were charged with offenses linked to credit card and personal identity fraud. thirteen members of the organization called in fraud were arrested in the u.s. australia britain france kosovo and serbia. investigators say the syndicate was a key hub for credit card fraud. it's believed to have caused more than five hundred million dollars in losses. german exports hit an all time high for twenty seventeen figures released this week show that germany shipped close to one point three trillion euros worth of goods an increase of more than six percent compared to the previous year's already record figures at the same time imports increased in twenty seven thousand to just over a trillion euros that's slightly narrow germany's high trade surplus which has
2:23 pm
drawn fire recently from the u.s. and other trading partners. germany's biggest industrial union reached an agreement with employers ending a dispute that led to a series of walkouts last week the i.g. matal union and employers in southwestern germany have agreed on a four point three percent wage hike. the deal also allows more flexible working hours enabling employees to choose. to say saw the successful launch of the world's most powerful unmanned rocket the falcon heavy made by elon musk's private company space x. is capable of five million pounds of thrust and twice the payload of the current record holder this one lifted off with a red tesla roadster and an astronaut mannequin and released them into a solar orbit that could take them beyond mars.
2:24 pm
crops throughout africa are under threat from river racialist larva the fall army were here in malawi farmers try to repel the pest with mixtures of chili pepper and salt commercial insecticides have proven ineffective the crop munching pests arrived in nigeria in two thousand and sixteen and spread quickly there now affecting harvests in almost every sub-saharan country last year the infected at least half of malawi's corn fields the plague has compounded the problem of the country's ongoing dry spell. but i'm thankful when we use this local concoction the fall army worms die instantly. so if all the farming families adopted this local puss decide we could rescue the remaining crop in the field. i disagree because then the farmers would have some harvest which i mean by many that cheated on the fall army were burrows into the plant and is often only spotted when it emerges once the damage is done the army we're in could destroy up to twenty
2:25 pm
percent of the sub-saharan corn crop. german national carrier lufthansa unveiled a new design this week. this is what it looked like back in the one nine hundred twenty s. the plane sported the flying crane emblem and the company name in uppercase letters outside along with lots of luxury inside. the one nine hundred fifty s. some more female flight attendants hold out a dark stripe the black crane logo remained. in the one nine hundred sixty s. record profits in germany as post-war economic boom permitted a new livery design. look tons of became positively garish with a blue and yellow stripe and a yellow background for the crane. but that iconic symbol is now about to be history in future the tail will sport and white crane on a blue background the gray underbelly will turn white although it will be some time
2:26 pm
before all three hundred thirty aircraft in the transit fleet have been repainted the airline expects the costly redesign to take seven years not only the planes but the uniforms accessories and even switches have to be redone the familiar warm yellow will gradually disappear from planes and service areas to the sorrow of many design enthusiastic who consider the new look cold and commercial lufthansa's current design has been unchanged since one nine hundred eighty eight and the unusually long time for an airline in twenty seventeen lufthansa carried one hundred thirty million passengers making it europe's largest airline in terms of tickets sold and its coffers are well filled with tons of spending six billion euros on expanding its brand and its reach blue and white bodies are not unusual in the industry like scandinavian
2:27 pm
airlines s.a.'s or fin air which underwent a facelift in twenty eleven its new look included a modified logo and font as well as a new paint job new cabin design livery and service areas. all of that cost the airline an estimated ten million euros. look tonsils new blue will be very exclusive the color was developed especially for the airline. and that ends our roundup of the week's business stories. culture. hair.
2:28 pm
superfood stylish dog current. lifestyle euro. coed africa smart solutions for the environment. is not seen horses endangered they're only found at the mounds of three rivers in south africa and the attack is under threat from pollution. project aims to permanently protect the rare species. go at africa in sixteen it. is merely. the scars on. the pain of the tangible. for god.
2:29 pm
for our city and. they have survived do they also have a future. i really understand people who say they don't want to stay here. but i also admire people who want to stay here and who. decided to create something good coming in peace time what needs to happen if tolerance and reconciliation artist is a chance to start this city's after war starting march tenth on t w. i ever want to welcome to the final episode of our euro max special with all our
2:30 pm
30 Views
Uploaded by TV Archive on