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tv   Business - News  Deutsche Welle  March 12, 2018 12:15pm-12:31pm CET

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decisions shape the future even in situations in which we don't have all of the information there is sometimes we have to reach agreements with partners who have very different values than we do and why am i saying that here because i think it's important to tackle this challenge of policymakers and be aware of the differences between politics and others it's the fourth grand coalition in germany and it wasn't a marriage of love from day one but the c.d.u. and the s.t.d. and the c.s.u. even there were very different parties and the like and will always be very different parties are able to work together constructively and to ensure germany has a good government that is the challenge we are facing and we will do it as best we can just as irrelevant ladies and gentlemen we are very happy with the coalition agreement the response of our supporters and members in the party in recent days
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has been exclusively a positive one. we are forming a grand coalition. and this is a strong core of the coalition agreement for the little people and this country and that means not the elites that means most of the people in the society we are working to afford them. spots. job security shift the promise of full employment a basic pension pension for play time spent raising children increasing benefits for families a legal right to full time care and primary school easing the tax burden on small and medium enterprises. optional for
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many will no longer have to pay these solidarity tax for eastern german states a pact for education and improving conditions the amount people can earn when they're on the pension and proving nursing care eight thousand new jobs will be created and nursing care for adults will be improving the health care provision particularly in rural areas and we will be tackling the issue of affordable housing. because it's all now i have negotiated many coalition agreements in my time and i cannot remember a single one. that focused so much on the social dimension of our country. and i have to say a proper response to the election results on the twenty fourth of september in my
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opinion those. markets this is now but his project and we will have a lot of work ahead and as the c.s.u. we will be focusing as will coalition partners on increasing the pace of what we have to catch up for the time that we've been waiting negotiating discussing and i think the german population is quite right to expect us to pull out. stop south and put this coalition agreement into action as fast as possible yes we will and from wednesday or thursday of this week we will be putting everything we've got into making this happen i believe that is the best way. to. get the trust of the german people in politics back again. walking the talk. so on the whole it's you i think that speech
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assisted by syria syria we are extremely happy and that's not something you can assume with very much either some questions mr storm has one here. you know just doing this you know what a new scam to live from berlin we've just been listening to the leaders of the three parties which are going to form the coalition government here in germany listen to chancellor angela merkel from the c.d.u. and then we listen to all shots from the s.p.d. and then host see who fell from the c.s.u. party which is a part of the conservative bloc listening to them was our political correspondent kate welcome kit that we listened to all three to speaking and let's start with chancellor angela merkel she listed out a whole list of priorities and challenges facing the new government and she has said described this as an ambitious program so what did you make of what you said what was what struck you most about her comments i think it was interesting that she definitely directly addressed once again the result of the september election
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which of course one of the main upsets in parliament was the arrival of the far right a.f. day and she reiterates it just now in this press conference that they wanted the new government wants to deliver on the promise of prosperity and ensure that everyone benefits wherever you live and she specifically mentioned creating enough jobs as especially in rural and urban germany and of course that was in those particular areas those are many of the many voices that who felt ahead of september's election that they had been left behind and that's why we saw a lot of those protests of protest votes going to the far right as well and so i think it was clear from this press conference from all three of the party leaders actually involved in this grand coalition that they all admitted it wasn't going to be an easy feat but it's very much about winning back the trust of us as well right now in fact will be listen to all of schultz what he said from the s.p.d. he actually put it out in the open and he said this is not
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a matter of love and he said very different parties three they different parties and we would remain three very different parties what did you see as the key message from his comments one thing that he put a lot of emphasis on. the importance of the european union moving forward of course that will also be of great interest to the to the s.p.d. base to the grass roots specially to the youth wing which has been pushing for a bigger role from the german government in europe and that is going to be a big challenge for germany moving forward of course with the u.k. . about to leave. just in our various time there is a lot of pressure on germany to step up and take a bigger role not only financially but also in terms of the e.u. reforms which have been pushed for by french president in man won't manuel mccaughan and so there's going to be a lot of expectation for support move in. and union forward from germany and also
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making sure that the european union project continues into the next few decades right and of course these comments come shortly before they formally signed the coalition government coalition agreement in about an hour and a half from now we'll of course bring you live coverage of that when that happens kate be thank you very much for that this not to do business susan the german energy sector is preparing for a major shake up and get has the story for us as far as a meter german utilities heavyweight has agreed to acquire a large stake of energy this is stable subsidiary of its competitor r w e for twenty two billion euros the deal will leave r w e as the continent's second largest producer of green energy with fiona's europe's largest operates of electricity grids and retail now for those of you who have never heard of those two companies either on an r. w. e let's cross over to our financial correspondent comma business standing by at the front of stalking strange comma why is this deal so important. well
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first off those two companies iran and r.w. you have been arch rivals for decades the fact that they are now joining forces in itself is a historic shift and you know this is massive companies we're talking about here w.-e. and out of a new lease subsidiary energy combined have more than two hundred thousand employees all over europe they have more than one hundred twenty five billion euros worth in annual sales and also if you like from a european angle this is a shift up until now large european competitors like n.g.c. were also said to be interested in taking over energy but it looks like now. a favoring a national champion here a national a german run company. cannot after being beat up what will those two companies look like. when you will only have one real power producer left are
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w e it will deliver electricity made not only from renewable energies but also from nuclear coal and natural gas on the other hand you will have the on which will manage the power grids and it will manage the retail customers and many of them forty five million customers in europe whether or not this will have an impact on prices for those consumers remains to be seen it's very likely that the competition watchdogs will take a very close look at least in some of the markets we are talking about here that is to be expected of course in frankfurt thank you very much. the rhetoric is heating up in the trade dispute between the u.s. and its allies as trade partners are scrambling to get an exemption from the tariffs on steel in elem in the i'm on saturday u.s. trade representative robert lie ties a met e.u. and japanese officials in brussels for talks but neither side announced a result meanwhile in the complaint speech in pennsylvania u.s.
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president donald trump has defended his decision to put tires on stephen elop million imports and singled german comic has as a special target european union they kill us open up the barriers at get rid of your carriers and if you don't do that we're going to tax receipt these bans we're going to tax the m.-w. you want to have fun look you want to have money come into our country. we heading for a trade war and what can europe do to avoid it i asked the chief economist of germany's command spunk york if europe should prepared to fight back i thought so one of the have rigs to go but then i found out that the the european union is even more protectionist than the united states your opinion travis i usually higher than those imposed by the united states they are far and i think a policy of retaliation is not the right approach the european union should should
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show to show talk to trump and indeed to talk trump has offered the possibility is there to come to an agreement to come to a compromise so you say you trump has a point that do you i mean what what are the tariffs that be you could lower. well for example terrace the european union tariffs on imported costs are ten percent and compare this to the mere two point five percent of the united states i asked myself why does the european union or not offer to cut its two percent cut terrace to the mere toward a half percent of the united states i think this is exactly what what trump wants to see and i think this could be a solution in the dispute your grandmother about sports chief economist thank you very much for this analysis saudi arabia is likely to delay the listing of its state own energy company aramco british officials have told the financial times
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what would be the biggest i.p.o. ever was initially expected to happen this year saudi officials were hoping to secure a valuation of two trillion dollars but are finding it difficult that could push the date to twenty nineteen riyadh has also yet to decide on which foreign stock exchange it will use for the listing in london new york hong kong and others are competing for the share sale. that's all your business inspector made to form a world news feed. thank you very much let me bring you up to date with the stories of your funding for you. in the past few minutes. has been speaking. she has to sign a new coalition agreement between the conservatives and the social democrats she said the new grand coalition would aim to address the needs of the people. and officials say at least twenty seven people have been killed in
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a plane crash. reported. the touching down on the risky crews have managed to pull several survivors from the wreckage. over to catching up to do that. the touch. syllabary by dinner time spent a lot. felix. three german d.j. superstars doesn't get any mums to. come on to the stables backstage
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parties and a place where no one attain stardom just like that. public school next deal . if you please explain such. with the census. records. and extensible i can't. help. but the cultural magazine. sixteen. european stocks jersey performances the leg. below of concerts every weekend cut
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good in concert. plenty every journey begins with the first step and every language with the first word emerged from the. coaches in germany to learn german one. simple online on your mobile and for. d w z e learning course. german made. welcome to the special edition of pop export d.j.'s like félix. and. regularly topped the international charts headlined festival lineups are
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around the world company the three men at their international gates superstar d.j.'s made in germany.

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