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tv   Business - News  Deutsche Welle  February 24, 2018 6:15pm-6:31pm CET

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basically basically we've been warned why is schrader scott roxboro thank you so much for your entertaining update. and you are watching thank you for joining thank and i'm going to be back again at the top of the hour. with different languages we fight for 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 d. w. made for minds. they make a commitment. they find solutions. based on stronger.
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africa. stories from both people making a difference shaping their nation. under continent. w.'s new multimedia series for africa. dot com south africa on the move. could german cities soon begin banning diesel cars that question was slated to be answered by a court and leipzig on thursday diesels might now be controversial because most produce too many nitrogen oxide emissions but they're also very common on german roads unsurprisingly the prospect of a diesel ban has met with stiff resistance from those whose livelihoods depend on it but just six representatives have even warned that banning diesel. guzzling
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trucks could hamper deliveries to the city's germany's oldest automobile club has also been speaking out to poke holes in this is the power behind people's livelihoods to say suddenly that they can no longer drive into the city almost amounts to expropriation and when 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 if that doesn't make sense to us that. pollution is a major problem and high traffic spots one that has consequences the e.u.'s to maids that up to four hundred thousand deaths a year in europe could be attributable to diesel emissions. but the leipzig court is taking its time with the question of a ban. on a decision didn't come on thursday after all it's been rescheduled for next tuesday to allow further time for reflection.
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the small baltic republic of latvia has in the last years developed into an important finance center for the region many customers from russia or bellerose for example now use latvian banks as they believe their money is safer inside the u. . but let's be as good reputation took a serious hit this week when it's top money man central bank governor good muslims have edge was accused of soliciting one hundred thousand euros a month in bribes. on tuesday he was temporarily suspended from office although he refused to resign and continues to deny the charges. as he fact been targeted by a coordinated campaign of some lacking in commercial banks in order to discredit the latvian state. the bank scandal has morphed into something of a political thriller. latvia's defense minister accused russia of pulling the
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strings on the scandal behind the scenes at the end of the week however that accusation was withdrawn again due to lack of evidence. the european central bank is now also under pressure as a member of its governing council rimsha bitch has access to sensitive e.c.b. information and europe's most powerful financial authority is also being called upon to respond to a second crisis at last year's largest private bank a b o v which is facing money laundering allegations in response to the allegations the e.c.b. stopped all payments to a b l b on monday. latvia's finance minister sought to calm the stormy waters. and i can assure you the latin and finance system is stable banks have no liquidity issues depositors' can feel completely safe to protect the finance sector stability and reputation i think of it should resign while the
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investigation is ongoing. but even if he does trust will be slow to return at least until the scandals are explained and that will take time. coming in and out too what do you think about today's news on the european union's anti trust watchdog has fired a shot at business cartels. today the commission has decided to fine seven companies a total of five hundred sixty four million euros for taking part in four different ag cartels relating to cars. and three other companies involved in these cartels well they excrete getting a fine because they came to us to reveal the cartels. in the shipping industry the fines affected chilean shipping carrier three japanese carriers. as well as
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a scandinavian carrier together they formed a deep sea vehicle transport cartel for almost six years in the automotive parts industry germany's bosch and two japanese companies ran a cartel supplying spark plugs to european car makers and bosch was also involved in running another cartel fixing brake system prices companies can escape fines by handing over inside evidence of cartels a system which in the cases announced wednesday proved to be effective. in the german economy continues to tick along well and it continues to take in more than it spends last year federal state and local governments recorded a surplus of more than thirty six and a half billion euros according to the country's statistics agency that's the highest it's been since german reunification europe's biggest economy also grew by around two point two percent and twenty seventeen and the federal government
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expects even higher growth this year. south korea has lodged a complaint with the w t o against planned us import duties on certain products made with steel and aluminum the european union also says it won't take new tariffs lying down the european commission has already threatened to counter measures on the table are possible duties on american products like motorcycles whiskey and produce e.u. representatives have repeatedly emphasized however that the bloc doesn't view the situation as a potential trade for. greece continues to struggle to clear up a scandal involving pharma giant no vomitus prosecutors have been investigating the swiss company for over a year it stands accused of bribing high ranking politicians to smooth the way for expensive sales and fast approvals for its medicines in greece now the country's parliament is also getting involved. the affair has provoked furious reactions in
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greece where many blame corrupt politicians for the country's economic woes. kentucky fried chicken customers in the u.k. were left disappointed after the fast food chain was forced to close most of its nine hundred outlets because it was unable to get fresh chicken delivered the first food chain recently switched its delivery contract to d.h.l. which clearly had some serious logistics problems neither k.f.c. nor d.h.l. went public with the reasons for the shortfall. it's called petro and is meant to help pull venezuela out of its endless crisis. on tuesday the country's president nicolas maduro launched a new digital currency. but it does look at the moment today marks the birth of a crypto currency that can take on superman the petro not even superman could
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threaten it. the way. to encourage trust in the new crypto currency the petro is to be backed up by crude oil reserves no one has faith anymore in venezuela's currency the body of aa inflation in the country is hovering around four thousand percent. food and medicine are scarce hunger and misery are now common in venezuela. move the petro help solve its problems. while you are terrified of it all depends on the trust in the issuer we can see the example set by the bodyguard in theory it's backed by the whole venezuelan economy but no one has faith in the body of our because nobody believes what the government says. that that may be true but maduro at least claims that venezuela raised seven hundred thirty five million dollars on the petro his first day of pre-sale in fact the president is so in through. yes think about it that he's
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already announced another crypto currency that petro gold is slated for launch next week it'll be based not on the country's oil reserves but its gold. order. every morning her into a cut on it sets off on a job that requires speed and efficiency the two things that india's overstretched roads do not provide works as a delivery man near delhi for e-commerce logistics firm shadowfax he has to deliberate dozens of packages a day on time to customers in hellish traffic. another problem is finding addresses in india's many unplanned settlements encodes house numbers and landmarks are often inaccurate and confusing. the money so. her bender often has to call customers for directions before he can make that delivery that means he loses precious time further ramping up the pressure here the room they knew going
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to be if it went in finding addresses isn't easy sometimes there are several houses with the same numbers and then we have to call up the customer sometimes several times some customers get angry and say why are you constantly calling me it's your job to find the address your delivery man will go but it's frustrating. the challenges are well known here at shadowfax the startup operates in seventy indian cities delivering everything from groceries and electronics to food or clothes co-founder of vibe out of country while is a big believer in technology to tackle logistics his company crunches traffic and location data and uses artificial intelligence in predictive analysis to optimize delivery paths and times i would see these problems only be sort of taken a shot but if you say in the long term yes the government needs for big actions according to it but in the short term it is definitely not. which can make
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businesses move. the focus on technology also means delivery workers like harinder have to be trained in using the company's out it tracks the entire supply process. at another shadowfax hub technology is also used to tackle one of the biggest headaches for logistics companies processing that huge volumes of goods unhappy customers return. india's e-commerce market is growing fast it's estimated it will reach one hundred billion dollars by twenty twenty the countries push to a digital economy is also driving more people to shop online but getting deliberate logistics right remains complicated in a country in which millions of customers are spread out across vast often unconnected areas it would take some time to cover such a wide network with the interest of joint challengers offer you know to ordinary that's what it is really quick witted so need significant you know investment in
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the experience to come to sort of international standards e-commerce may be booming but brick and mortar corner shops across the country aren't going to disappear anytime soon. and that was the weekend business. what keeps us in shape what makes us sick and how do we stay healthy. my name is dr carlson the i talk to medical experts. watch the network. and they discuss what you can do to improve your health. stay tune and let's all try to stay searching next.
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disappeared thousands of people kidnapped tortured and murdered until nine hundred ninety six. victims of the guatemalan military dictatorship. their loved ones are still fighting to get justice for them. in their film. against forgetting in forty five minutes on. every journey begins with the first step and every language but the first word published in the. rico is in germany to learn german why not learn to tell a simple online on your mobile and free two sets of d w z e learning course because food german made easy. to learn german with d w any time any place. whether with jo-jo enter
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finds a static in the east. with friends all over the world online and interactive. in german to go and. learn german for free with d w. welcome to in good shape coming up on the show scary dreams how to treats nightmare disorder. stress fractures how too much sports can be hard on bones. cystic fibrosis how early treatment can make the difference and here's your host dr cost maker time at today i'm going to talk about cystic fibrosis.

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