tv Business - News Deutsche Welle February 23, 2018 6:02am-6:16am CET
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good prosecutors moved their emissions cheating investigation up a gear targeting the german luxury brand for the third time this year raiding the homes of former executives for the first time. new but america is selling fewer guns than ever before we tell you why. for business news and fun if it's your here in berlin welcome to the show german prosecutors have raided the homes of two former members plus a third person involved in the folks five a subsidiary the rates are part of the investigation they're suspected of complicity in bringing course many to diesel engines on the market stands accused for two hundred thousand cars for. germany's administrative court has pushed back a ruling on driving bans in cities to next week tuesday earlier we spoke to aren't adding horse from banking and wiser fabric or asking him if diesel is on its way
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out. well a i continue to be firmly a believer 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 diesel it's actually a pretty quick death of the diesel engine the german court decision it was postponed today to 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 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
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a small cause thousands of deaths every year however 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 go through its livelihoods depend on us just expect percentage have even warned that banning diesel guzzling trucks could hamper deliveries to 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 expropriate. it's always the people who can't afford an expensive electric car or who can't buy a new diesel that are most affected come from. well pollution is
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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 limits higher than permitted rates are a real problem on busy roads and if you have a fine and. an analysis by the u.p.a. environmental protection agency concluded that thousands 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. i think lawmakers aren't really interested in this study as if they were there would be 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
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rates are not always taken into account. europe's top court poll and has failed to implement regulations curbing air pollution the european court of justice ruling of the amount of harm or harmful pollutants rather in the air went over legal daily limits in most parts of poland. for it he's have been cracking down on countries succeeding air pollution target levels. threatening to take nine other countries to court including germany and the u.k. . gun control has once again become a one inching 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. ran eight percent fewer background checks on purchases at firearm dealers the largest annual drop on record and combine driving use at top gun makers including
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strong ruger american all door brands of doors and windows to fall by over six hundred million dollars that's a thirty percent drop all right let's turn to sophie szymanski on 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 shooting 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 storm ruger american alto brands we did not see this happening this time the old gun maker stocks ended a recent lows amid all the headlines over the last two years still mover is down
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fifteen percent american outdoor is down fifty two percent and this out even fifty nine percent just on wednesday still rules were part of that 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 vanguard and if they are being pressured enough by shareholders to back up they are among the top shareholders all three of the biggest public retreaded 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 of the discussion huge market. 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
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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. america and its number one importing country and some of these syrup ian companies by the way are also just as active as american competitors when it comes to lobbying lawmakers on gun ownership regulation grew up for example said it gave over one hundred thousand dollars in twenty six seem to be n.r.a. so if you think you very much. the drug maker is embroiled 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 swiss
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pharmaceuticals giant during their term in office. scandal has rocked all of greece and the government wants to get to the bottom of it. well you go it's them we want to help cover up conceal one of the biggest scandals in modern history because the greek people have the right under demand to have everything come to light and to learn the truth. in up it is that 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 minister he is accused of signing documents that unable to tax bill from the vote is to be merged with public sector debt. yourself this was one of the ladies and
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gentlemen the statements are entirely fair because i never signed anything of the sort. did i have the authority to do so and i don't think anyone else signed either of us from explorer script for 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 this with drug maker has already paid multi-million dollar fines in the u.s. china and south korea to settle corruption cases. such force acute prosecutors some 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 need to a conviction. in two thousand and sixteen two former smokers in the netherlands fired what they call the road first carmen a complaint seeking
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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. my mental habit occurs 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 manufacture us award and called the secret of an account the decision is a blow to dr 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 one nine hundred ninety s. and the industry responded with consultation today the few major backer companies left ever ace prices to compensate for lower sales volumes so their shares are still rising. and i'm sad i'm hospital was among those calling for the prosecution
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and why i own. the and eventually of china a trip by airplane seven teams out in kilometers six weeks ago fred checking the fund for in general let's translate touch the first seventeen months through china starting february twenty seventh want to move. with the different languages we fight with different things that's fine let me all stick up for freedom freedom of speech and freedom of press. giving freedom of choice global news that matters. made for minds. the germans new and surprising aspects of muslims culture in germany. us american keep newsa take a look at germany this increasing use of their traditions every day lives and language
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in this time of the high line of the law and so i'm. ok i'm good. because the trick i am going to d.w. dot com the germans. of. every journey begins with the first step and everyone reaches the first word illusion because the cohesive germany to the german. was his first why not move him. in simple online on your mo mild and. soft. d.w. zealand in course. terms maybe see.
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