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tv   Business - News  Deutsche Welle  February 23, 2018 4:02am-4:16am CET

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he's a good prosecutor their emissions cheating investigation up targeting the german luxury brand for the third time this year. former executives for the first time. knew but america is selling fewer guns than ever before we tell you why. time for business news and funny for sure here in berlin welcome to the show german prosecutors have raided the homes of two former members plus a third person the folks. the rates are part of the investigation. bringing. many to. the market stands accused for two hundred thousand cars where.
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germany's administrative court has pushed back a driving ban to next week tuesday earlier spoke to aren't hoarse from banking and wiser fabric or asking him if he is on its way out. well a i continue to be firmly believe that diesel will disappear from the european market it's only european technology we are used to fifty percent penetration of diesel engines in europe it's dropped to just about thirty percent so it's not just a small death of these it's actually a pretty quick death of the diesel engine the german court decision it was postponed to the date of the twenty seventh of february i can well see driving bans in cities becoming a legal action to protect the air quality in cities and that will only accelerate the transition away from diesel power trains to electrified power trains especially hybrids and as you just heard will have to wait until next week to find out if
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a diesel ban is even legally possible environmental activists have taken the city of stuttgart to court to try and trigger that ban they say a small cause thousands of deaths every year have a decides just as unclear as the air itself. this device measures nitrogen dioxide levels the legal limit is forty micrograms per cubic meter but that figure is regularly exceeded in over half of measuring stations near major thoroughfares in germany. and surprisingly the prospect of a diesel ban has been met with stiff resistance from those whose livelihoods depend on. the just expect percentage have even warned that banning diesel guzzling trucks could hamper deliveries to the cities germany's oldest automobile club has also been speaking out. this is about people's livelihoods to say suddenly that they can no longer drive into the city was almost amounts to
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expropriation. it's always the people who can't afford an expensive electric car or who can to buy a new diesel are most affected comfort. while pollution is a major problem in high traffic spots it's a different story in residential areas. where we see mid-range figures between twenty and thirty micrograms per cubic meter so significantly under the limit higher than permitted rates are a real problem on busy roads and. an analysis by the u.p.a. environmental protection agency concluded that thought isn't in germany die prematurely as a result of respiratory illnesses each year that was based on a nationwide study of the effects of nitrogen dioxide. stupidity i think lawmakers aren't really interested in this study is if they were there would be
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a far bigger push towards driving. but critics say such studies fail to a stop at a causal link between nitrogen dioxide and deaths. other factors affecting mortality rates are not always taken into account. europe's top court sars poland has failed to implement regulations curbing air pollution the european court of justice ruling that the amount of harm or harmful pollutants rather in the air went over the legal daily limits. of poland. have been cracking down on country succeeding air pollution targets. threatening to take nine other countries to court including germany and the u.k. . gun control has once again become a well run ching emotional issue in the united states following last week's shootings at a florida high school but sales of guns have actually declined in the u.s. recently last year the f.b.i.
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run eight percent fewer background checks and purchases at firearm dealers the largest annual drop on record and combined revenue said top gun makers including strong ruger american all door brands of the doors and winchester fell by over six hundred million dollars that's a thirteen percent drop. all right let's turn to sophie szymanski of wall street who has much more on that story sophie usually actually what we see is after a shooting friday tragedy like that in florida. was a situation right now. so right now none of the big names here on wall street is down dramatically usually investors follow the theory that after a mess shootings americans try to get their hands on as many guns and ammunition as possible anticipating stricter regulation which actually has never happened so far and this again usually leads to rising stock prices for a company like stone ruler american alto brands we did not see this happening this
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time the old gun maker stocks ended its recent lows amid all the headlines over the last two years still mover is down fifteen percent american outdoor is down fifty two percent and this. even fifty nine percent just on wednesday still rules were part of that sales in twenty seventeen fell twenty one percent from the prior year and there's a lot of uncertainty in the markets and the fate of these stocks is going to depend on institutional investors like the world's biggest money managers blacklock and bend guard and if they are being pressured enough by shareholders to back up they are among the top shareholders all three of the biggest public lee traded gun manufacturers talk about numbers there's a very important number here two thirds of all handguns important in the united states are made in europe so how does that draw in the discussion huge market.
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while companies like zigzags who are glock and beretta already have growing shares off america's firearm market foreign firms in general and the share of them off american firearm sales rose from ten per cent to a peak of forty five percent in two thousand and seven now at the moment it's a little less and the lion's share of this come from european countries austria for example alone home to glock exported one point three million handguns to a. america and it's number one importing country and some of these syrup in companies by the way are also just as active as american competitors when it comes to lobbying lawmakers on gun ownership regulation for example said it gave over one hundred thousand dollars in twenty six think to the n.r.a. so if you think you very much. the drug maker novartis is embroiled
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in a corruption scandal in greece parliament has launched a probe into claims that nearly a dozen senior politicians received bribes from or help promote the service pharmaceuticals giant during their term in office. scandal has rocked all of greece and the government wants to get to the bottom of it. we want to help cover up to conceal one of the biggest scandals in modern history because the greek people have the right and the demand to have everything come to light until learn the truth me. even at the height of the country's economic crisis novartis was overcharging for drugs according to the greek government it says that left thousands without access to affordable medicine between two thousand and six and twenty fifteen the swiss drug maker allegedly bribed thousands of doctors and civil servants including the former finance
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minister he is accused of signing documents that unable to tax bill from the boxes to be merged with public sector debt he was you to yourself this was not ladies and gentlemen the statements are entirely fictitious i never signed anything of the sort my nor did i have the authority to do so and i don't think anyone else signed either. explore first weeks now i have asked to be shown the relevant documents with my signatures they simply don't exist. greece's parliament is now investigating about a dozen senior politicians novartis says it's cooperating with the greek authorities while conducting an internal audit the swiss drugmaker has already paid multimillion dollar fines in the u.s. china and south korea to settle corruption cases. dutch force acute prosecutors are thirsty rejected calls to open a criminal investigation into four major tobacco companies on charges including attempted murder or manslaughter saying such a case would be unlikely to lead to
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a conviction. in two thousand and sixteen two former smokers in the netherlands fired what they called a row at first carmen a complaint seeking a prosecution hospital doctors and other groups later joined the cause but that's prosecutors say they see no prospect of a conviction within current laws. have occurred people have the choice to buy cigarettes people have the choice to start smoking cigarettes and that means with regards to addiction or serious bodily harm it cannot be blamed solely on cigarette manufacturers award. at the fabric and the decision is a blow to doctors anti-smoking organizations they had hoped to form a new legal front in the fight against the top back in history smoking has declined dramatically in many large western markets since the nine hundred ninety s. and the industry responded with consolation today the few major top back of companies left everest prices to compensate for lower sates volumes so their shares
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are still rising. and amsterdam hospital was among those calling for the prosecution. after the decision it would not to give up the legal fight and might ask for an appeal. all right that's a business wrap thank you so much for watching. the to a. good
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school about the moments that. it's all about the stories in samoa it's all about george chance to discover the world from different perspectives. join us sponsored by distinctive instagram or yours at g.w. story the topics each week call on instagram. tell me about the stumbling types aren't i as came from donors or dealing with any and i killed many civilians i mean the irish coming including my father why they said i was a struggle because i wanted to build a life for myself. but suddenly life became alice she took on assad.
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providing insights global news that matters d. w. made for mines. barely feel. the scars on. the pain still tangible. the suffering for god. for c.b.s. edge but. they have survived but 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 coming in peace time what needs to happen if tolerance and reconciliation are to stand a chance of darkness city's after war starting march tenth on g.w.
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