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tv   Business - News  Deutsche Welle  March 27, 2018 7:15pm-7:30pm CEST

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i'm. going to. play. such a move. like oh i'm. w.'s program guy to. lead the whole among. tom highlights. play music was mostly just sublime sublime. slowly about the british come
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here and post side bottom of the a. player lol people have put big dreams on the big story. the lead movie magazine on the dummy and. crying in the rain seems to be looking for new balls says the london times. fail to make germany's biggest profitable again. if you sell it. germany. in eastern european countries. and that's because
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cost labor as well in the impoverished countries. business. seems to be looking for a new boss that's according to a report the british newspaper the times says chief executive john crime is about to be ousted as miserable financial results his profit warning. or hopes that germany's largest financial institution was on the mend after years of crisis. he took over in twenty fifteen tasked with turning the bank fortunes around. now of reports in britain's times newspaper suggests john cry and david joint eubank could be numbered on the list don't appear too surprised. just because good wishes is rumored that mr klein is on his way out and try to bank have you tonight if you so one could say there is no smoke without fire use of oil. among the many challenges
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kai and successor will face 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 bank's battered image in this area critics say there's a lot left to be desired cryan decision to quit drupal bonus payouts last year despite making a loss did little to allay concerns. of the firing line. frank bank is headquartered what are you hearing is it true get when you take a look at the share price of georgia bank at the end of the trading day they're shippers went up actually to one point one four percent at least something when you compare this with the losses of this year from the beginning of two thousand and eighteen until now the share price off the land that went down by twenty seven per
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cent even though all those rumors have not been firm we are getting more and more details investors here on my and fear that it's just a matter of time until mr cry and will be without a job they don't even care so much who will be the new see all they want the bank back in the winning zone we are hearing that power now he's the chairman of the supervisory board has been in touch with different possible successors one of his favorites the current goldman sachs vice chairman richard north but it seems that not is not interested. john prine took the helm of history is. a real chance to. well dodger bank has had lots of problems lately three years of losses many pending lawsuits the share price that you know went down by so many percent is all of this full of joy and pride will certainly and not when he came into office he promised
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to reform the lender and he did the thing is that he is not the shiny see all compared to some of his previous hester's he was hired to reform the bank to catch jobs to make difficult decisions if successful or not somebody who was hired for big reforms is never really popular certainly who ever might take over if those rumors are really true his or her agenda will be full from day one of a new c.e.o. will have come his or her work. thank you very much daniel hope in front of fresh from grease the euro zone's bailout fund has just approved a six point seven billion euro loan installment after the greek government has an active painful reforms finally meeting the conditions to unlock those funds the reforms included changes in tax policy privatizations of state holdings as well as talking bad debt the european stability mechanism is due to pay the first five point seven billion euro tranche on wednesday remaining billion could be released
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in may if greece manages to make progress in reducing areas. folks are in my face an expensive lawsuit in yet another country more than fifty thousand british car owners are now taking legal action following the emissions scandal it could become the largest group action in british legal history this three day hearing now underway at london's high court will determine whether the claims can be managed collectively in the u.s. v.w. has already agreed to pay up to twenty five billion dollars to settle claims from v.w. all the world's biggest comic has come a come and if you let the software in around eleven million cars worldwide. i mean while impending diesel bans in german cities could shift the problem of air pollution to eastern european countries because german does alone is increasingly seek to sell their vehicles rather than sent them to the junkyard. smog in poland it's not just the cold heating that sends large amounts of microscopic
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pollution particles into the atmosphere many cars in eastern europe to diesels in germany on the other hand there are strict emission limits it's possible that soon only new diesels will be allowed in german cities and many car owners selling their older diesels now to secondhand dealers they aren't willing to let cars that still hold a significant resale value get scrapped they are selling them through partners in eastern europe the number of exported used diesels climbed from around one hundred ninety seven thousand in two thousand and sixteen to two hundred thirty three thousand in twenty seventeen that's an eighteen percent rise exports to eastern europe group significantly the export of sixteen thousand older diesels to ukraine and twenty seven thousand was more than double the tally for the previous year sales to albania kossovo remain in the czech republic and poland also rose while
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western european countries are going to be introducing even stricter emission levels in the coming years most countries to the east won't be changing their rules environmental groups are now bringing the along. we have no pollution tax for cars which makes romania heaven for old and polluting cars authorities do not encourage all support healthy alternatives and the government does not actually fight air pollution. and so more and more older diesels are ending up in for example the romanian capital book arrest these are air pollution problem is being profitably shifted beyond germany's borders. the organization of petroleum exporting countries opec hopes to a long term strategy on oil up of control with russia and opec members saudi arabia's crown prince mohammed bin sama said. they are working to shift the existing year to year agreement to
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a ten to twenty year deal last year opec convinced other all producing countries to agree temporary output cuts off an oil glut sent crude prices crashing. the garment industry is the main export engine in bangladesh well over eighty percent of the country's exports are close by one of the engines main components is child labor poverty means they're forced to work to help feed their families it means thousands of children get no schooling trapping the next generation in a never ending cycle of poverty. 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 market that's their excuse and they continue to spew out fake boss t. shirts. and our people work very hard and they have to because we bosses expect them to do this and that's. that simple sentence packs
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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. our family has debts at the market if i earn a lot of money 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 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.
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it is the time for the band and intel are still at few cents for 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 team starting that 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 where 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 about in. his father's a carpenter his mother sews in the garment factory mohamed is the oldest of three children his job helps feed the family he contributes forty euros a month. says the five feel sorry for my son he doesn't go to school so he can't
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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 all and he's one of many that t. shirts that he works on are on sale somewhere very far away because mohamed doesn't say it but he could be thinking it the world is an unjust place. that's it for me on the business scene here and we'll have an update for you in the next hour before you go news of. global markets. thank you very much for watching.
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his friends used to live out on the street in dallas. now they're going to you know this team here in front has big plans for the future how do you think that when they. find it. a story of trust to visit and boundless talk to.
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the top stories followed across social media share your comments and content welcome to the. commitment. to a one hundred million tons of syria a tempest. resume its. deadly consequences. come above. the american troops and frequency. once they start there's no stopping them.
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the storm starting to feel something on t.w. . it is the number one killer the number one non-communicable diseases that we are. this week global three thousand is off to the brazilian rain forest where a small berry has become a global hit how is it grab. in africa.

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