tv Business - News Deutsche Welle March 8, 2018 2:15pm-2:31pm CET
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on our website there's d.w. dot com that's it for me on the team of the do stay with us because helen humphrey standing by she has a busy business news coming up for you shortly. but . would it have been fighting for the case to take you seriously in the world of work here's what's coming up women's talk. though these subtle superhero. smartarse smart state religion rank recently in dangerous time the two w four my. distrust causing me to sleep still. a miracle representing. me true architect of east germany's place. in the moon if i had my way.
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east germany would still be. the start of. what you know. starting march thirteenth d.w. . i did. this all saying going on a global trade wall us president donald trump good sign off on controversial new import tariffs related today will the european union strike back. they're coming out they say do what you love the money will follow natalya dean did just that now she heads a shipyard that lands multi-million euro contracts. and the e.u. says clearly it has different objectives concerning breaks it than britain does.
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this is your business out say i'm headed home free great to have your company now just a week off to donald trump announced plans for a new trade tariffs on imported on an even steel the us president is reportedly set to sign off on the latest today now that take effect within a month canada and mexico could be exempt but not the european union and brussels has announced that it is poised to strike back and what could be the beginning of a global trade or. donald trumps tariffs could soon drive up the price of imported steel and aluminum in the u.s. but with talks underway to renegotiate the north american free trade agreement the white house now says its neighbors might not be included. and there are potential carve outs for mexico and canada based on national security and possibly other countries as well and if that's a sign the nafta talks may be going trumps way other u.s. allies have so far been restrained in their response the european union has
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threatened to retaliate by slapping tariffs on a number of iconic american products like motorbikes and whiskey that don't account for a huge share of transatlantic trade meanwhile trumps democratic rivals have warned against the danger of a trade war saying he should focus is energies on where the trade deficit is biggest the president's instincts to go after china are correct but the policy proposes doesn't fit the bill it's not well targeted it's not precise and as a result it could cause a mess of collateral damage that hurts america more than it helps. a more subtle approach to leveraging the tariffs provide some hope to european steel producers they're worried about a major upheaval in the pricing structure of their most important market and a potential flood of cheap steel from china that is no longer going to the u.s. . all right we've just got news that the european central bank has announced a small change to its monetary policy the bank now says there's no reason to
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continue its joint out bond buying program and another small step to waiting years or an economy off its drawn out stimulus program meant to nudge euro zone inflation upwards in the wake of the global financial crisis well meanwhile the c.b. says it is keeping the base interest rate where it is that around zero percent it's been that since twenty six d. so let's cross over now to our financial correspondent jeanette lown who is in frankfurt headquarters of course of way the e.c.b. is ginnell you just heard from the european central bank you've been listening in tell us more about what they had to say. well you know nobody actually really priced in a rate hike or a change to our the withdrawal of some of us today so the fact that the broader policy has remain unchanged hasn't really come as a surprise but now investors are really focusing on that paragraph that was dropped from the forward guidance the forward guidance of course being the part of the policy that deals with the future direction of monetary policy at the e.c.b.
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so you can view this as kind of a long coming victory for the governing council's hawks the since the policy statement no longer contains this reference to widening stimulus in case the economy worsened so that is of course an end to what they call the easing bias or this bias towards quantitative easing now that's also a sign of course that the e.c.b. is slowly showing stimulus to the door at a time where the eurozone is enjoying sustained recovery and now the stimulus actually tends to reduce the currency values tends to depress them so the news of this statement immediately boosted the euro now of course the line that you see has it tried now is that the growth is there but it's coming amid stubborn inflation so the asset buying program is going to run until september at least but there is still no fixed date now the press conference is going to come up in a few minutes and there could be more clues that there or i wanted to be things
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always been the elephant in the room another one today us us terrorist potentially being signed off on briefly are investors worried that you know yes they are especially because donald trump has also has already tweeted that he's looking forward to a three thirty meeting today with the steel and aluminum representatives so that could bring us closer to the trade war sounds like a busy day for us in frankfurt thank you. well the right to vote sequel opportunities the same pay for the same women around the world fighting for these rights for one hundred years some milestones have been achieved many have not women in germany less than men sometimes it's for the same job more often though it's because they get paid jobs that are paid less there is still not enough women in managerial positions. and women in germany less than men sometimes it's for the same job but more often than not it's because the jobs they get paid
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less there are still not enough women in managerial positions often because women unwillingly have to work in part time job so they can take care of the family for example the situation for women is only was in a stony a in the czech republic in germany women and almost twenty two percent less than men the average pay gap in the e.u. is around sixteen percent and statistically it's only have the smallest pay gap of five point two percent. less pay and part time work have a devastating effect in many ways the less money a woman is in a career the lower half pension is the number of women in germany who are in danger of reaching old age and poverty has risen within the last ten years. where french companies will have three is to raise the gender pay gap still face fines so says prime minister feet and there's also a special women's day message mount no on that now we take action lighting up the eiffel tower the government says it's time to implement the french you're requiring
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equal pay for the same work it's actually been around for forty five days that the government says men are still paid an average nine percent more well the shipyard here in germany is managed by natalia deano and it's a tough job she took over at the helm of following the venerable german shipbuilders bankruptcy and the purchase by russia's shipyard the company pulled through the crisis with servicing repair work and now is building its own boats again. despite severe winter weather work at the palace the test shipyard is going according to plan director and that's hardly a dean is happy that her two hundred thirty employees have plenty to do so this ferry needs to be fairly repaired and service from the flooring to the new engine. dean is a fan of passenger ships large and small. and it's not just for her job it's a personal enthusiasm.
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faraway places romance adventure things you connect with the ships and now i know what they're made of and yet. natalia dean took over the helm in hamburg four years ago it hasn't been an easy job pella shipyard in st petersburg had purchased the insolvent shipyard and brought the below roof born manager on board. the factory holes were empty but well equipped. it was all quite cutting edge and very big it was immediately clear to us that we could build up a second site here. and. builds entire ship parts and supplies them to other ship builders that means the machines have stayed active even when the company didn't have orders for its own ships but the long term contracts have proved a hindrance. that's. what you see here is
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a lot of steel work which pays correspondingly less. what we want is to offer products with added value which customers are willing to pay for that's. just a thought. he added value is mainly provided by the engineers who designed the complex vessels. just delivered its first new build two more are under construction now tell you a deal. the specially proud of an order for a suction dredger worth ninety five million euros. and courses we have concerns with man because big project like this means that the shipyard is fully operational that we have the necessary know how that we have the engineers and that we've got our production up and running small scale projects anyone can do those. now employs more than seventy engineers and they're know how it's needed. the shipyard has just received another big order for
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a ferry powered by liquid natural gas. well briggs it was never going to be sailing now the president of the european council has put out the strongest warning yes against british terry thinking donald briggs it will make trade with the u.k. quote what complicated and costly for donald tusk has dismissed the idea of smooth and frictionless trade between the e.u. and the u.k. after brics it the president of the european council all small today as he presented a draft of tough guidelines for future economic relations with britain he emphasized that trade will only be more complicated and costly after brics it. i fully understand. because i respect. political objectives. to do the most trades and the try. it could be a success. but. it's not
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our objective of. tusks trade deal also only office financial companies limited scope to offer the surfaces in the e.u. single market british chancellor philip hammond immediately responded to say any settlement without service is still could not claim to be fair and balanced. that's it you're out today with the latest from the wilds of business for more do find us on facebook photo us on twitter and on the business right now here's a look at the wild markets i'll be back with more in the next hour i'll buy.
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without women will be lost but the world is still a long way away from toto gender equality international women's day twenty eighteen . are focused this week on g.w. . me too and its consequences how has the movement influenced the world why did based on sexism. in entirely education. to international women's day care to tell me. the scars on some up. the pain to tangible. the suffering for god. for cities edge but. 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
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new in peace time what needs to happen if tolerance and reconciliation are to stand a chance darkness cities after a morning starting march tenth on t w. i want to welcome to another edition of your own max i'm your host meghan li we are celebrating women in female related movements on the show today here's a look at what's coming up. game set world records power steffi graf made history. fearless cheerleaders of the new squad.
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