tv Business - News Deutsche Welle March 8, 2018 6:15pm-6:31pm CET
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exhibit rumors of a bitter row between gabriel and the heads of his social democratic party former justice minister high chrome os is expected to replace gabriele at the foreign ministry. all right the news continues at the top of the hour for now thank you so much for spending of this part of the day with us. women have been fighting for the place to take you seriously in the world oh boy here's what's coming up women strong. superheroes smart smart tormes smart stay in the gym bring creasing lean dangerous time for w. and for my. g.w. true diversity. where the world of science is at home in many languages.
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on the football program going there it will be showing he says you. know our innovations magazine for any. of us from every week and looking to the future d.w. dot com science and research for a new show. i think. we are not out of the deflation woods yet but in its regular policy meeting today the e.c.p.a. gave a strong bond purchases could well and this year. you know do what you would all of the money will follow and tell you dean just bought a no she has a shipyard that loud small two million euro contracts. and for the first time a chinese company richest a small peyton's in europe than any other company. and if it's your and here's your
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business update the european central bank has just flagged a small change to monetary policy after its latest policy meeting the bank dropped a reference to potential hikes or extensions to bond purchases that's being seen as a signal that its three year old economic stimulus program is on course to and later this year thinks the eurozone economy is in better shape lifting its growth forecast marginally to two point four percent for twenty eighteen but stimulus is not quite a dad yet the bank space interest rate is staying put as your percent where it's been for some two years now. let's get more on that from our very own financial correspondent on occasion our nice to see you what else did mario draghi just have to say. well first off right after the policy statement was released everybody of course focused on the elimination of that reference that stimulus could be widened
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if the need arose so that was seen as a bit of a nod to the policy hawks that would like to see stimulus and sooner rather than later but when draggy spoke he sought to downplay the effects of this move he called it a unanimous decision a backward looking decision and for the most part of the markets seem convinced now we know that stimulus tends to weaken the value of currency after the policy statement was released and that sort of signaled and to stimulus right after september the euro's saw a bit of a boost but it was back down after dr was done speaking and as you said it yourself the stimulus is probably not just going to disappear from one day to the next inflation still isn't where the e.c.b. it wanted to be and additionally draggy highlighted increasing risks to the global economy like increased regulation and increased protectionism now those are both kind of a nod to donald trump he also wondered aloud at the state of international relations asking the room if tariffs are going to be used on your friends then who exactly
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are your enemies and speaking of donald trump with us potentially being signed off on today what to invest seeing behind you are they concerned about that. know this isn't exactly the most predictable white house that's ever come into existence so it's hard to be certain about the specifics and investors a certain the aren't now donald trump already tweeted earlier today that he's looking forward to a meeting in the white house later on themes around saving the steel and aluminum industries as such a tariff proclamation could really be in the cards today even as white house officials say that the specifics are still being hammered out as such investors have every right to be concerned about the threat of a looming trade war the kind that the just the dispute mechanisms that within the world trade organization might not be an offer to fix. at the front for stock exchange for us thank you so much for your analysis. in just about three hours u.s.
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president donald trump is due to sign off on those steel and aluminum tariffs canada and mexico might be accepted but the e.u. the german economy minister doesn't want to us come to parts that other countries could easily fall of the u.s. example in citing national security to justify tariffs and brussels says it's poised to strike back in what has all the makings of a trade war. donald trump's 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 these 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 levying 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 the potential flood of cheap steel from china that is no longer going to the us. the rights to vote equal opportunity the same pay for the same work then around the world have been fighting for these rights for well over a century and some milestones have been achieved but many have not here's
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a look at your me. women in gemini and less than men sometimes it's for the same job but more often than not it's because the jobs they get paid less they're still not enough women to managerial positions often because women and women 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 the stand here in the czech republic in germany women 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 has a devastating effect in many ways the less money a woman is in a career the lower have 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.
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a woman has the oldest shipyards here in germany and it's a tough job she took the helm following the venerable german shipbuilders bankruptcy and purchased by russia's pella shipyard as she steered. crisis but servicing and repair now it's building it's all boats again here's more. despite severe winter weather work at the palace the test shipyard is going according to plan director and that's highly dina's happy that her two hundred thirty employees have plenty to do. this ferry needs to be fairly repaired 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. faraway places romance adventure things you connect with the ship and now i know
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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 hamburg shipyard and brought the bella ruth born manager on board. the factory holes were empty but well equipped. it was 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 a lot of steel work which pays correspondingly less. what we want is to offer
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products with added value which customers are willing to pay for that's. just a thought. the added value is mainly provided by the engineers who designed the complex . has just delivered its first new build two more are under construction now tell you dean is especially proud of an order for a suction dredger worth ninety five million euros. we get concerned branding a 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. tests now employs more than seventy engineers and their know how is needed. the shipyard has just received another big order for a ferry powered by liquid natural gas. now for the first time
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a chinese company has applied for more patrons in europe than any other company tech company who way filed almost four thousand applications to german rivals are among the top. well wade's new notebook hides its camera in the keyboard the feature is intended to protect users from model where that activates webcams without users' knowledge the chinese company is hoping innovations like these will help raise its profile its upcoming smartphone due for release later this month is expected to feature artificial intelligence. no surprise then that the company tops the list of cations received by the european patent office last year. german technology companies siemens came in second rising from six plays the year before. and sounds korea's l.g. and samsung came in third fourth respectively. the only other german
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company on the list was automotive supplier bosch though it only made it into ninth place so asian companies have got the pressure on their european counterparts when it comes to paid off occasions as well as an every day business. all right that's it you're up to date now with the latest from the world of business full final so facebook for us and i'll be on the scope business right now here's a look at the it's thanks for watching body.
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full speed. but always on the move. mostly today and in the future. drive it on w. i i. i'm not proud and i will not succeed in dividing us about not succeed in taking the people off the streets because we're tired of this dictatorship. taking the stand global news that matters. made from minds. with that women we've lost the world is still a long way away from told to gender equality international women's day twenty eight
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. our focus this week on. meat and its consequences how as the movement influenced the world my debates on sexism. an entirely dedicated to international women's day care. very welcome indeed to quadriga coming to you from the heart of it and after months of uncertainty angela merkel has finally managed to form a new coalition government she'll be sworn in for a fourth term as german chancellor next week and she will once again be at the head of a grand coalition government made up of the two biggest parties the chancellors of the conservatives and the social democrats now people.
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