tv Business - News Deutsche Welle February 28, 2018 6:15pm-6:31pm CET
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of jokes although look at the impact of that freight train. they're all watching dude every news coming to you from berlin we have another full bulletin of international news coming up at the top of the next hour of course you get all our stories online around the clock d.w. dot com place watch. frank food. international gateway to the best connection self you know road and radio. located in the heart of europe you are connected to the whole world. experience outstanding shopping and dining offers and try our services. be our guest. managed by from.
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with different languages we fight for different things that's fine but we 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. what can i do with my diesel car millions of motorists in germany are left in the dog about what a court ruling means for them we visit a second hand after age in court ruled that cities can now bad days the cost to cut down on pollution. also coming up education alone isn't enough tens of thousands of young people in eastern europe are forced to leave their how to earn a living elsewhere. hello and welcome to your business i want to get jones in
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berlin good to have you with us so here in germany commuters companies and politicians are grappling with yesterday's court ruling that opens the door to banning diesel cars from in a cities the move aims to lower harmful emissions and improve air quality but small businesses whose diesel powered utility vehicles are essential to keeping their operations running hoping for exceptions. the idea of small normally conjures up notions of bustling capitals but lynn is just one of seventy 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 i mean any prize 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 check and i reckon about twenty five percent. 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 for 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 materialise 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 regulation has occurred that this concerns us because a patchwork of different regulations in place that would obviously confused rivals . 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. diesel bans could be seen as another useful tool for cities in the fight against out of control pollution but how to implement them without disrupting business or harming economic growth is it enough to exempt certain streets all vehicles vital to business cities across germany will now be asking themselves these questions. now while germany grapples with the fallout from
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a possible diesel ban in cities china is taking action for more on that i'm joined by andrea hang in singapore and rare 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 every day of roche traffic it has indeed monica 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 is that there are reports that see 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 due to the numerous incentives in programs available to car bias and how do german cars in particular fit into this concept
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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 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 the dynasty by g.e. underpins this but also at the same time points to the amount of immense pressure that the chinese are to me because i feel seem to be sixty innovative and remain competitive in the chinese market that being seat makers like ford and v.w. have already formed joint ventures in china with factories being set up there even iran must himself has had its sights are has set his sights on building a factory then ok a day or i think somebody is calling you andrea hang joining us via skype from singapore thank you so much for this. well it's the first privatized
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nation of a german regional bank the states of chase the whole shannon tom burke are selling troubled has a bank to investors for around one billion euros the deal was approved today u.s. firms severus and j.c. flowers will take over most of the shares a just a north bank was once a leader in shipping finance before suffering crippling losses twenty sixteen the european commission approved state aid on the condition that the banks were to be sold by today. let's get some market reaction down your cooper standing by for us in frankfurt danielle one billion dollars what age as age not back a good deal. for let's talk about the employees first it seems that the deal for them could have rather negative effect on a first date when the work consul of asia is a state or that there are few that hundreds of jobs could be on the edge but for the private investors it seems to be a very good deal and then the financial crisis has
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a bank receive from the government or from the taxpayers basically an amount of thirteen billion here also surveillance and g.'s the flowers now go. ninety five percent off the lender for just one billion so that sounds like a deal the president of the federal state office for courage time stated that for taxpayers it's a rather bad day today right right in service to j.c. flowers certainly get a bargain they what have they got planned to the bank while they want to reform the bank that's for sure they want to dramatically cut their costs and of course they want to have more influence here on the german market already arise and now sirius is holding five percent of its bank shares so with this of course they get even more influence here on the market down here cope there in frankfurt thank you so much for this update and doj has agreed to pay another two hundred forty million dollars to settle a two thousand and eleven lawsuit in the u.s. accusing it of manipulating the library benchmark interest rate germany's biggest
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bank is the third after citi group and barclays to resolve claims by investors including the city of baltimore and yale university georgia denied any wrongdoing but settled to avoid the risks and to distraction of litigation georgia has already paid for billion dollars to resolve libel claims libel is used by banks to set rates on hundreds of trillions of dollars of transactions. looming breaks it the struggle for a common foreign policy and persisting economic inequality the european union has numerous internal struggles to deal with nevertheless countries still want to join the block the head of the european commission is currently visiting countries like macedonia 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 and that's something hard to do when many of the brightest minds prefer to leave.
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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 a vascular surgeon now she wants to turn her qualification into money. first i want to write. from. grads so they are free to come back when they 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 unable 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 serbians g.d.p. it's similar in neighboring bosnia highly qualified young people are attending
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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 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 so. this is something that worries me especially. even if there were jobs available here students know they get more pay and recognition abroad follow me on never simply no opportunities for me to show my knowledge. i finish 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 without.
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that swine edina reggie applied to the both me and labor agency for assistance to move abroad gemini is desperate for a nest is so now the qualified lawyer has trained 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 losing pretty much an entire generation. that's your business update for me and the team of thanks for keeping us company.
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entered the conflict zone the government of sudan is often accused of being one of the world's greatest the violators of human rights just as often it denies the charges the man who conveys many of those denials is the country's foreign minister ibrahim guy who is my guest in music does he care if anyone believes. next on. earth the home worth saving
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googling to goes tell stories of creative people and innovative projects around the world ideas the protect the climate and boost green energy solutions to inspire people to take action global ideas on. unimpeded access to education and knowledge and the same opportunities for every one's a central goal of the global community but what's the reality on the ground education for d w s multimedia special rates personal stories and highlights extraordinary projects the world told her to find out more on the internet d.w. dot com education for all. germany state by state. the most colorful.
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was released. in the most traditional find any time. check in with a web special. take a tour of germany state by state on d w talk com. the government of sudan is often accused of being one of the world's greatest vi. elaters of human rights and justice often it denies the charges the man who conveys many of those denials is the country's foreign minister ibrahim gondola who is my guest here in munich does he care if anyone believes him. he's being gullible.
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