tv Business - News Deutsche Welle March 4, 2018 2:02am-2:16am CET
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chinese automaker julies founder leash rufu revealed this week that he now holds ten percent of german car make a dime of those shares the son of a rice farmer he started out in business with a refrigerator parts factory when the authorities shut him down he'd already made a fortune and simply switch to making motorbikes then two cars in twenty ten lead bought struggling or to make a volvo from ford and launched it in china just two decades later julie was selling over a million cars a year there making it the nation's largest independent car maker. and now he's invested in dima acquiring just under ten percent of the luxury car company the state of kuwait until now the largest shareholder has been bumped into position to with six point eight percent followed by ren own a son the rest is divided up among smaller investors. lee says the dire mistake allows him to focus on the technologies of the twenty first century electro
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mobility and driverless cars huge challenges he says that no money factory can tackle alone a surprise gili dime or an ounce mint caused a stir in germany though it's about more than mere stock ownership there are concerns about technology transfer and foreign influence on corporate strategy many worry the chinese companies are getting too powerful in key german companies. germany's top administrative court has ruled that cities may ban diesel cars from their roads to come back air pollution. a ban would impact cities like stuttgart and berlijn where frequently breaches pollution limits car makers have long market to diesels as environmentally friendly they burn less fuel and emit less carbon dioxide one in three cars on german roads runs on diesel a ban would hit those most who place their trust in the industry but some welcome the news. wonderful it's about time to make the city center caffrey that will be
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super. fun and the things now they're filthy. the industry rejects a ban. decisions problem is that different cities she could have differing regulations can see in this concerns us because a patchwork of different regulations would obviously confuse drivers. that's why we hope for a reasonable nationwide regulation. and. diesels will stay on german city streets for now but there's a likelihood of some bans in some cities by april. at this year's mobile world congress in barcelona the emerging five g. mobile technology stole the show sony plans to be marketing the first five g. capable gadgets by the end of twenty nineteen other companies are already channeling all their efforts into the latest generation of ultra fast data networks
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the world's first public five g. network was built and tested by korea telecom at the recent south korean winter olympics. in barcelona the company showcased a five g. virtual reality game. for technology transfers gigantic data volumes from players vest with a response time of only ten milliseconds. with the five g. is more much faster than fourteen twenty times twenty times or more often we can reduce the lexan seen on a result case just go to step on that as you called to be at work or you don't have to way or go heavy equipment and i say it's a totally wild that the future of five g. was behind much brainstorming at the bus alone expo the number of network gadgets is expected to grow exponentially along with the attendant risks i think five g. represents an opportunity it's going to signal the entrance of mochi all devices
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that are literally going to revolutionize the way that we live the way that we every component of our lives is going to be impacted but i think what that also represents is potential risk as well because you know things like driverless cars i mean a remote healthcare and so forth security and privacy is going to be literally the number one question that we'll be so it's not just about games it's a serious matter of evaluating and minimizing the potentially disastrous risks of a new technology that will be rolled out within the next two years. u.s. president donald trump has the site. to slap import tariffs of twenty five percent on steel and ten percent on r.u. minium beginning next week the tariffs are aimed primarily at china. for years china's steel and aluminum industries have been dumping their excess production on global markets. the e.u. has already threatened retaliate to the tariffs against u.s.
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products like whiskey and motorbikes should be you products be hit by the new u.s. tariffs. cuba's state own tobacco monopoly says the country exported cigars worth some four hundred million euros last year a twelve percent increase on twenty sixteen about us exports famous cuban brands like cohiba and monte cristo two hundred fifty countries tobacco is one of cuba's main foreign currency earners alongside tourism and sugar but sanctions mean the u.s. isn't among the buyers. the same pay for the same job at the same location was the goal of an e.u. workers' directive last year it was designed to protect domestic work forces in high wage countries like france and germany from being undercut by migrant workers from low wage e.u. countries but some eastern european countries aren't happy about the directive workers from their argue that having to compete on a level playing field could threaten their livelihoods and remittances the e.u.
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is looking into the asean. china launched its belt and road initiative also known as the new silk road five years ago the nine hundred billion dollar trade infrastructure project involves sixty nine countries together home to two thirds of the world's population. it consists of two major trade routes the land based silk road economic belt which winds its way from china through central asia the middle east and on to europe and the maritime silk road which creates a ceiling connecting southern china southeast asia india east africa and also europe. industry representatives. say the project off has enormous potential for german companies which can deploy the necessary resources. if it involves developing physical infrastructure especially in central asian countries which aren't as well linked or developed that's clearly something which
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well known and large german infrastructure developers. are very much at home with. but there could also be plenty of orders for small and medium sized enterprises they can supply specialized machinery and other equipment to foreign partners involved in the mammoth projects though there are some high hurdles to clear. that's a good that's because many projects are put out to tender off financing by the chinese banks in the same way we used to doing things here and there are plenty of challenges when it comes to calculating prices as well. adding to potential difficulties beijing hands over eighty percent of the contracts china is funding straight to chinese companies many of the countries along the two routes are politically unstable and there's also a high risk of payment default to take into consideration as well. this is no simple change of address for marina stephanie the twenty five year old
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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 . from. here. so for me to come back when i finish my studies. marine is packing her portrait along with her german dictionary it's a decision being taken by tens of thousands throughout the region unable to find work at home they go abroad wants. working there they support their families back home their remittances are astoundingly high an amount equivalent in value to ten percent of serbia's g.d.p. it's similar in neighboring bosnia highly qualified young people are attending german classes they want to head out as well two thirds of under twenty four year
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olds have no job thousands leave every year to the dismay of bosnian companies. so i visited many companies that complain because their best people are going abroad. look at the i.t. sector look at 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 that is something that worries me especially the. students know they're better off abroad. there are simply no opportunities for me to show my knowledge i finished you knew our city but i can't find a job in my profession. and then i decided to requalify and live in a society that appreciates my hard work and performance. that's why nadine and reggie complied to the bosnian labor agency for assistance to move abroad germany's desperate for nurses so now the qualified lawyer is trying to do
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that instead. in croatia many commemorate their departure in the bus station. while in serbia the journey into a new life often starts by train. southeastern european countries aren't just losing a few young people they're losing pretty much an entire generation. the ball of our can't get too much these days so venezuelans are coming up with creative uses for the ones valuable currency which it's a go via turns the notes into handbags wallets and even headgear he left venezuela a few months ago his monthly wages were the paltry two and a half dollars now he's got his own stall just over the border in colombia he needs about a thousand bank notes to make a bag costing him just fifty cents in return he can sell each one for ten to fifteen dollars. there are some people who buy
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a bag for their relatives some buy to sell the more expensive elsewhere some wrap them in plastic to keep a souvenir is. there others who want me to make different things for them such as crowns to take with them as a keepsake. artists like jose leon are also looking for creative ways through the crisis he's using the worthless money as a kind of canvas. he's already sold two thousand works many to ex-pats venezuelans who've set themselves up abroad souvenirs of better times long since past.
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entered the conflict zone confronting the power of folks have been challenging those in power asking tough questions demanding. as comforts intensify i'll be meeting with key players on the ground in the sense of. cutting through the rhetoric holding the cost. of conflict. conflict zone come from doing the powerful song t.w.x. . climate change. waste. pollution. isn't it time for good new eco and africa people and projects that are changing no one fireman for the better it's up to us to make a difference let's inspire other. people it could be environment magazine. long d w. basically.
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the scars on some of. the pain are still tangible. the suffering for god. so cities and. 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 new coming in peace time what needs to happen if tolerance and reconciliation are to stay. the chance of darkness city's after war starting march tenth on t w.
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