tv Business - News Deutsche Welle February 28, 2018 2:15pm-2:30pm CET
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capital were cancelled while the blanket of snow left thousands in the west of the country. that led to schools being closed perfect for the city's young sledging enthusiasm. monica is up next and this is things to stay with the news if you can. every journey begins with the first step and every language but the first word emerged from the. coaches in germany to learn german why not learn a simple online on your mobile and free themselves from d w z e learning course you can speak german made easy. beat the germans new and so close to new specs of lines and culture in germany. u.s. american keep newsa take a look at germany just increasing use of their traditions every day lives and
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language there's a lot of nobody because i was so. groucho. district i r t w dot com the germans. i think. what can i do with my diesel car millions of motorists in germany are left in the dark about what a court ruling means for them we visit a second time condi duff to a german court ruled that cities can now ban diesel cars to cuts down on pollution and. also coming up education alone isn't enough tens of thousands of young people in eastern europe are forced to leave their home and living elsewhere. i don't welcome to do business i want to get jones of berlin good to have you with us so
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here in germany commuters company's whole municipalities are grappling with yesterday's court ruling that opens the door to. banning diesel cars from in a city east of the move aims to no harmful emissions and improve their quality but small businesses in particular whose diesel powered utility vehicles are essential to keeping their operations running hoping for exceptions. the idea of small can normally conjures up notions of bustling capitals but lynn is just one of seventeen german cities notorious for breaking legal air pollution limits could city centers across the country soon be no go areas for millions of cars. over in frankfurt used car dealer marcelled l r ball is only too aware of the diesel problem his yard is full of cars waiting for buyers the main difference
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between them one type sells well the other doesn't. as an enemy at any price or the last year prices have been falling dramatically along with demand in some cases demand has fallen by ninety percent the prices have come a chart and i reckon about twenty five percent of what's happened today it means prices will go down again we'll have to see how things develop i think sales will come to a standstill. that's and i in fact stop it. carmakers marketed diesels as the environmentally friendly choice they burn less fuel per mile and emit less carbon dioxide no wonder one in three cars on german roads is a diesel car owners rely on them to get to work businesses for regular deliveries. manufacturers are confident a general ban on diesel cars will never materialize the car industry lobby group v d f a says even partial measures could be damaging. to.
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the decisions problem is that different cities could have differing regulations. that this concerns us because a patchwork of different regulations would obviously confuse rivals. and that's why we hope for a reasonable nationwide regulation. diesels will stay on german streets for now whether they'll be restricted in some fashion is another matter. now while germany grapples with the fallout from a possible a diesel ban in cities china is taking action for more on that i'm joined by andrea hang in singapore andria china knows the problem of air pollution better than most countries and that is why beijing is pushing new automotive technologies what impact has this effort has so far on everyday roache traffic it has indeed monica
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china has already made up more than fifty percent of global sales of electric vehicles and it's doubled the number in china in twenty seventeen and whether or not the hazard direct result or not on road traffic at the moment in china it did their reports seeing that a lot of the elect a lot of this is credited to electric vehicle sales and they have it has reduced traffic by up to fifty percent also do you do the numerous incentives in programs available to car bias but how do german crossett particular fit into this concept now what chinese or asian markets expecting from dime a b.m.w. you name it. yes exactly foreign automakers would do well to compete in the chinese market particularly the need in the electric vehicles category and this is china is where a lot of people buy more people buy new vehicles than anywhere else in the world
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diverse state by g.d.p. underpins this but also at the same time points to the amount of immense pressure that the chinese automakers i feel seem to be stay innovative and remain competitive in the chinese market that being seat makers like ford and of v.w. have already filed joint venture is in china with factories being set up there even elon musk himself has said it cites has set his sights on building a factory then. i think somebody is calling you andrea hang joining us via skype from singapore thank you so much for this. accusing it of manipulating the line but benchmark interest rate germany's biggest bank is the third after citi group and barclays to result claims by investors including the city of baltimore and university daughter denied any wrongdoing but settled to avoid the risks of destruction of litigation daughter has already paid four billion dollars to resolve
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libel claims life of course is used by banks to said rates on hundreds of trillions of dollars off transactions. and with that right over to dahlia corp in frankfurt and i hope daniel can hear me already there is investors there also have to digest french economic data i believe inflation in the euro zone slow to one point two percent in february i think that won't please the european central bank. no it's not going to please the e.c.b. it also won't make mario draghi the head of the e.c.b. very happy at all his goal is to keep the inflation rate at a level of two percent for the eurozone next week there's going to be a meeting off the e.c.b. here taking place in frankfurt just a few blocks from where we are and we can be very sure that not too many changes after monetary policy of the e.c.b. will be announced there has been this rumor and many have asked for that for a long time that we might see by the end of two thousand and eighteen accomplis stop off the bond purchasing program this was already had reduced in the last last
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month from sixty billion euros a month to only thirty billion euros a month but most likely regarding interest rates we're not going to hear anything new here at all ok i believe the markets aren't to happy today either and that's because the u.s. fed is expected to increase rates several times this year. yes exactly investors were closely monitoring the words of mr powell the new head off the fed even though he has been working for a long time the fed already under the leadership of his previous hazar janet yellen we don't still know really too much in which direction he will be leading the fed yesterday's investors told me that even though the u.s. economy is booming that it's going to be a rather slow process for interest rate hikes in the united states but yeah he was very clear and many investors interpreted his worth that we might see three possible even four interest rate hikes of this year rumors about higher interest
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rates have created some chaos lately already at stock markets all around the world i get the feeling that investors don't like interest rates in frankfurt thank you so much for this. now the looming breaks it's a struggle for a common foreign policy and persisting economic inequality the european union has numerous internal struggles to deal with but nevertheless countries still want to join the block the head of the european commission junk load younker is currently visiting countries like months ago or serbia and montenegro south eastern european nations that have been given the prospect of becoming e.u. members one challenge they are facing is bringing their economies up to speed something hard to do when many of the brightest minds prefer to leave this is no simple change of address from marina stefano the twenty five year old isn't just moving down the road she's heading abroad to austria she's finished her training as
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a vascular surgeon now she wants to turn her qualification in to money. first i want to go in america. for wrong. so they offered me to come back when i finish my studies graduate marina's packing her portrait along with her german dictionary it's a past tens of thousands in the region of taking on able to find work at home they go abroad once working there they support their families back home their remittances are astoundingly high making up as much as ten percent of serbia's g.d.p. it's similar in neighboring bosnia highly qualified young people are attending german classes here they want to head out as well two thirds of under twenty four year olds have no job tens of thousands leave each year to the disappointment of bosnian companies. many companies complain because their
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best people are going abroad. look at the i.t. sector the doctors good workers etc people simply feel this is not an environment where they can see themselves with their families in the long term. this is something that worries me especially. even if there were jobs available here students know they get more pay and recognition abroad. there are simply no opportunities for me to show my knowledge. i finished university but i can't find a job in my profession oh. so i decided to requalify and live in a society that appreciates my hard work and performance. and to think more about. that swine edina regimen applied to the both me and labor agency for assistance to move abroad gemini is desperate fanaticisms so now the qualified lawyer has trained
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to do that instead. in croatia many commemorate their departure in the bus station one in serbia the journey into a new life often starts by train south eastern european countries on just losing a few young people then losing pretty much an entire generation. as update here on t w thanks for keeping me company.
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among the oscar nominees these europeans have the best chances. in the category best documentary feature faces in places in the movie god french film i guess i missed my dad and street artist jay i. expects. cross-road things have a shock when things go off in the fox you never know. to figure out a series of your robots next t.w.x. . dortmund's show like say to pick a favorite seems all the best goals we've got all the action w. is the home of german football the fear the experience of every match that the
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pundits league of covering weekend here w. . climate change. waist length pollution slow. isn't it time for good news eco africa people and projects that are changing our environment for the better it's up to us to make a difference let's explain each other. to let go environment magazine. w. . we may come over we want tons of cars that under budget we are seven seven percent. being one to shape the continents future. to be part of enjoying african youngsters as the share their stories their dreams
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