tv Business - News Deutsche Welle March 30, 2018 3:15pm-3:31pm CEST
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result doesn't matter she's already won the fight of her life. and good luck to her you're watching the news coming up ahead today is a two hundred bullets to the founders of course which is the saudis movement also known as co-ops a business model where profit is not the prime motive in anyone can become a stickler get hired from a business desk is astounding by and he'll have a story for you shortly disembodied of unions. what does a football loving country to which its goals. will tell you how germany's soccer made it to the top. in our web special. dot com. football made in germany. a museum says.
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she cannot see the answer to. the so-called change that's not new to this kind. so i bought it for most. people had put big dreams on the big story in. the movie magazine on the w. two hundred years ago today the founder of the co-operative movement was born aimed at easing the plight of poor german farmers the idea quickly spread across europe is it time to reinvigorate and adapted for the twenty first century. but also on the show you love art and have a bit of money to spend go to hong kong but out basel is on show we take you around
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some of the exhibit. this is the business i'm going to office in berlin welcome the government in cyprus said today that it's ready to support the sale of the island nations co-operative bank that is groaning under bad loans to private investors ironically this announcement comes on the day of the two hundredth birthday of. the german who founded the co-operative movement with a particular form of rural corporative it was a time when german farmers were fighting poverty as well as loan sharks fisons co-operative banking model is since spread to many other countries and it still functions today. these two families a members of germany's oldest co-operative in one thousand nine hundred eighty their forefathers banded together and started a cooperative that built and operated a flour mill one farmer could not have done it alone. in the grain from our region
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the old mountains is very coarse it was difficult to sell to nearby dresden there was very little profit so they said we need our own mill so we can process the grain and then we can make the bread as well. as. the mill and the bakery have ensured a thriving business for the farmers for many years now some seventeen businesses and now part of this successful cooperative. the idea of the cooperative goes back to free trish vilhelm hif. in the mid nineteenth century he promoted it as a way of overcoming the poverty faced by farmers in his region festival. since then the idea has spread to other parts of the economy new industries like sustainable energy have also adopted the model most cooperative work on a majority rule in spaces this can have this a regardless of their stake. in the continent vote in a small when decisions have to be made to everyone's opinion has equal weight.
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that applies to the world's largest co-operative mondragon in spain it has around seventy five thousand members eighty percent of whom a joint owners as with any business cooperatives like mondragon can suffer in times of crisis but because all members have an equal say they usually avoid mass layoffs . still a private company it has to be profitable but the number one goal is always to support the members so there are always two sets of the judges to consider economic objectives and social ones. to co-ops it's not just. about the bottom line. and maybe that's why they often outlast private companies that are generally profit driven. and the idea of the co-operative has spread throughout the world in mexico indigenous families are finding
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a way out of poverty through joining a coffee corporative it's also one that treats men and women as equals giving both the opportunity to make ends meet. early morning in the chapters high lands. it's a good time for harvesting before the hottest part of the day. sees every cheetahs is able to live off of coffee farming something that wasn't possible for his father. when i was a kid my father would get maybe ten cents a kilo and that wasn't enough it couldn't pay for shoes for. the poor guy worked so hard but it was the middlemen who made the big money. going to call you up they will you be able. miss reliance on intermediaries came to an end when
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a jesuit order established a cooperative you're more ted which saw the local indigenous families team up they used the beans they grow to roast their own coffee and that also allowed cities are to receive training in the business and finance side of things. says mexico's poorest state and its indigenous peoples are often treated like second class citizens. men work the coffee plantations for starvation wages while women are bound to the home. that's another thing that you're more detail has changed. one way no rodrigue says one woman who is confident enough to forge a new path for herself. and not just call me it's difficult for women to leave this place to find work in this i need it at the height in the in the that but that's the only way for a woman to change her life i want to look at. for indigenous women the road to
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self-determination is even harder than for men from on weta it's beginning modestly by making her own soap. back at the plantation the beans are roasted in a hot oven caesar is anxious his teacher observes everything closely if the roasting goes badly the work in the fields will have been for nothing. the smell of coffee fills the air unlike wrong beans which fluctuate in price producing roasted coffee guarantees sees are a stable income one that will increase of the product to successful. it's the biggest undertaking of my life it's not just for me but for my children to. see. the female members of the cooperative are also betting on success they're proud to be making their own decisions regarding production. with simple things like soap and coffee the co-operative is helping indigenous families in champus take big
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steps towards a brighter more independent future. if you're planning on taking an easter holiday vacation with afrikaans be patient and ready to look for alternatives every fourth france flight has been canceled today the reason several trade unions have walked out pilots flight attendants and other personnel are demanding a six percent paying crease management is offering just one percent strike affects the two largest airports in paris and other major french cities half of air france flights for me have been cancelled medium haul flights are being hit the hardest of many long and short haul flights are affected two passengers can change their journey free of charge if an alternative route is possible. if you haven't been to cuba you probably paid for goods and services in convertible pestles but that's not the currency of the locals use for the same goods they pay
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in regular human pesos president raul castro wants to phase out the two currency system now and that's causing panic among many of his people. the run on local currency exchange places called card because it was so strong cuban t.v. saw the need to broadcast an official bulletin from the central bank and also given to us and the last few days for the number of people seeking to change c.u. season to pay sources at bank offices in ca take us has risen this is due to the false information that in the next few days this new scene will be withdrawn from circulation as part of the monetary unification but more part of this will go on if you've got want to tell you. the government says the see you see the convertible currency commonly used by tourists on the island is here to stay for now anyway but back in december cuban president raul castro said he wanted to see the convertible
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currency become history castro will step down as president on april nineteenth and many cubans feared he would abolish the currency before leaving office. following two years of decline the after market has seen some massive growth last year this year it looks even more appealing as investors seek shelter from reasons well it's on capital markets now hong kong is a bracing its newfound role as a global. within the first hour of this week's basel fair in hong kong a piece by a villain the coning a dutch artists sold for thirty five million dollars chinese artists aren't far behind. chinese bias probably wouldn't have had much interest in this painting by up and coming artist when dan in the past but this year her work touch wood communion is gathering a lot of attention. in their first few years i felt that they are very excited and
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they are so poor hungry in collecting so they would be coming up to us and wanting to collect right away certain pieces if they felt they were that they love it but over the years i've seen more and more of our educated behavior china has become the world's second biggest up market after the u.s. in the past year chinese buyers have spent thirteen point two billion dollars on paintings sculptures and other rot that's up fourteen percent on the previous year . that's creating a windfall for some like eccentric konkona just for quark who is selling his hand painted calligraphy here. so thought. when i first started a lot of people just came to take photos now the i thinking of it as an investment and that is a good development. call. visit is also to have the
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opportunity to become an artwork themselves anyone can pose either as a consumer reduce to their purse. or is too interconnected fool says keeping a book from falling this piece is kooky and indeed proving that you don't have to be a wealthy by to get your fifteen minutes of fame but i. still wouldn't call it a bargain and that's it for me and the business team. i will have of course an update for you in the next hour news. twitter and facebook feeds in the meantime before you go have a real time round up on global markets they sell. i've. cut. cut the move to
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policy but in his box of portraits. zero marks next on t w. e w's program guide on. sunday night's meet the money. dot com highlights from a mall. aboard one hundred million tons of sam law devastate presidium a special place gently consequences of. dust storms. come. the loss of. the magnitude and frequency. once they start there's no stopping.
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the storm story new people summit on t.w. . it is the number one killer the number one non-communicable diseases that we are. ever going to walk into another edition of your max i'm your host meghan leak from monkey lamps of boxing photos we've got a mixed bag on the show today here's a look at what's coming up. out of the ordinary the company selectee and their
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