tv Business - News Deutsche Welle March 27, 2018 1:15pm-1:31pm CEST
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in the plants in an effort to help their families make ends meet. monaco will be there without so much more business news don't go away. as long as. managers do no good today nothing would change you know the banks pay a fine and so was the language of a bank money. speaking the truth global news that matters g.w. made for minds. a news honest mistake she gets in on some. of the so-called changes not to time soon. but.
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people have put big dreams on the big screen. t.v. in movie magazine on d w. i did. the next one piece. is looking for a new boss says the longdon ty c.e.o. john crying took the helm a twenty fifteen but failed to bring germany's biggest lender back into the winning zone also coming up if you can't drive it that late germany's dirty diesel saw thickening the small kit eastern european countries. garment industry is booming and so is child labor in the impoverished country. welcome to the business
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i want to get jones in berlin good time with us dr frank is looking for a new boss that's according to a report by the british newspaper the times which says deutsche is chief executive john crime is about to be ousted you to dodge as miserable financial results his profit warning in january dashed all hopes that germany's largest financial institution was on the mend after two years of crisis. he took over in twenty fifteen toft with turning the bank fortunes around now reports in britain's times newspaper suggest john prions days at deutsche bank could be numbered speculation about a possible successor isn't ready right if we are hearing that the lender has apparently asked the vice chairman of goldman sachs richard kanada to take over which is interesting because also the state secretary in the german finance ministry is a former goldman sachs employee but it seems that in order it's not interested but
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one thing is very sure it's going to be a very challenging job among the many challenges germany's biggest lender is facing reversing three consecutive years of losses some of which can be attributed to the billions of dollars it's had to pay out as a result of scandals related to mortgage fraud and price manipulation. and then there's the mammoth task of restoring the banks battered image in this area critics say there's a lot left to be desired cry and decision to put drupal bonus payouts last year despite making a loss did little to allay concerns. spanish authorities are lauding the arrest of an international criminal mastermind his gang used some of the most sophisticated technology to rob hundreds of bank accounts around the world the cyber heists netted a million dollars each on average. it's a major breakthrough for the police in spain after a three year investigation they have arrested the mastermind of an international
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criminal gang. it stole as much as one billion euros according to spain's interior ministry the group operated in some forty countries using technology to change account balances and instruct cash machines to issue the money. so. just to give you an example of how important the detention is in twenty thirteen this group managed to access practically every bank in russia the benefits gained in cyber attack were about one million dollars on average. media many banks and authorities in several countries worked together to snare the gang leader so the arrest is being celebrated around the world. fox logging is facing a major consumer class action in england and wales over the emissions scandal which
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already cost the comic billions of euros meanwhile impending diesel bans here in german cities could shift the problem of absolution to eastern european countries as diesel onus seek to sell their vehicles rather than scrap them. smog in poland it's not just the cold heating that sends large amounts of microscopic pollution particles into the atmosphere many cars in eastern europe are older diesels in germany on the other hand there are strict emissions limits it's possible that soon only new diesel cars will be allowed in german cities many car owners a selling their older diesels now to secondhand dealers they are not willing to let cars that still hold a significant resale value get scrapped their then sold on through partners in eastern europe. the number of exported used diesels climbed from around one hundred ninety seven thousand in twenty sixteen to two hundred thirty three thousand and twenty seventeen that's an eighteen percent rise exports to eastern europe grew
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particularly strongly the export of sixteen thousand older diesels to ukraine in twenty seventeen was more than double the tally for the previous year sales to albania kosovo romania the czech republic and poland also rose well western european countries are going to be introducing even stricter emissions levels in the coming years most countries to the east won't be changing their laws environmental groups are now wringing below. we have no pollution tax for cars which makes romania a haven for old and polluting cars authorities do not encourage or support healthy alternatives and the government doesn't actually fight air pollution so more and more older diesels are ending up in for example the rumanian capital book arist the diesel air pollution problem is being profitably shifted beyond germany's borders.
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now bilin isn't the only capital struggling with getting its al ports up and running the new mexico city airport could also run into difficulties if leading presidential candidate andras manuel lopez obrador wins the election in july because he wants to abandon the thirteen billion dollar project the airport c.e.o. warns that the cancellation would cost more than half that amount. it's the biggest public construction project in the country but the face of the thirteen billion dollar airport being built here depends on the outcome of mexico's upcoming election its biggest opponent this man andrus manual lopez obrador and leftists who's currently leading opinion polls he's called the deal's behind the project corrupt and has threatened to scrap construction if elected he's since softened his stance calling for a review first but his outlook has left the company responsible for building the airport on the defensive. probably and other political armor plated against
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corruption it's been built abiding by the law it's all public transparent it's a glass box through which any citizen can see what's happening in real time where they barely look is. the stakes couldn't be much higher counselling the airport because six billion dollars and tens of thousands of jobs making public trust an invaluable office the garment industry is the main engine of the bangladeshi economy business is booming there's plenty of work around but it pays very little then a factory worker among them also children don't even get to the minimum wage which would be around fifty seven euros a month but for most there's no alternative it's either this or no income at all. the boss' clothing company is not aware that its logo is being printed on these t. shirts. but the workers here assure us it's all right because it's for the asian
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market that's their excuse and they continue to spew out fake boss t. shirts. on our people work very hard and they have to because we bosses expect them to do this and that's. that simple sentence packs a powerful punch there's a lot to do and people are cheaper than machines the talk is tough and the work is hard selling all day ruins workers eyes and the industrial chemicals being used damage their lungs it's mostly women and children who work here by law the workers have to be at least eighteen but mohammad is only thirteen. right now and our family has debts at the market if i earn a lot of money though maybe i can go back to school. he dreams of school but his reality looks different ten hour workdays sometimes even fourteen six days a week bangladesh is a poverty stricken country but the garment trade is booming it's the country's most
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important industry and it provides jobs in a country where beggars can't be choosers the minimum wage is fifty seven euros a month not enough for a family to live on but law or no law some workers even earn less than that. it is that time for the band and intel are still at few cents more because you just cannot be i don't want to name the brands but some of them dead there need profit margin is twelve percent. i mean that should not be happening when workers sit down to the chain that is starving. mohammed is done for the day now he heads home what kind of a childhood is that there's no time to play he says even if there were he's much too tired. and then i get up at seven have my breakfast and go to the factory sometimes we don't have food for breakfast then i just do without and i was not
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enough to not follow. his father's a carpenter his mother sews in the garment factory mohammed is the oldest of three children his job helps feed the family he contributes forty euros a month. says most of us i feel sorry for my son he doesn't go to school so he can't get an education that means he won't have a future that makes me sad but i don't see any way out it's not over and he's one of many the t. shirts that he works on are on sale somewhere very far away the bigger mohamed doesn't say it but he could be thinking it the world is an unjust place for me. now that off to two hundred yes one of the oldest gun manufacturers in the united states is running out of ammunition remington out to dos has filed for bankruptcy protection saying it's been a tough between one hundred and five hundred million dollars in debt the company cow and the bush must say ar fifteen rifle among its products that's the weapon
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that was involved in the sandy hook school shooting in two thousand and twelve that killed twenty children and it wasn't a ar fifteen from another manufacturer that was used again in the stone man high school murders in february remington will continue to operate under chapter eleven bankruptcy protection. and with that your business update on you you can always find out more online i see in the next hour i'm going to the touch the to. the to
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the to the to. the to the touch the to move the to the top the book. came out of retirement saying it was going to coach gibbs since taking over last call is stronger just because the boss told fun together it was cool to travel again in the below . whatever the callisto ends up in the poconos. genuinely is
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a pioneer when it comes to making. any stronger trio of choice physically. the pros much faster than would. be cheaper and more environmentally friendly. and the supply chain is very short. all. today in sixty minutes oh d.w. . make your smart t.v. smarter with the t w force wanted. what you watch for when you want it up to date extraordinary in depth you decide what some find out more. dot com smart t.v. . landmark catholic architecture. and one of the world's cultural treasures. a neverending construction site.
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