tv Business - News Deutsche Welle April 13, 2018 7:15pm-7:31pm CEST
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he is to responsibility of the congolese government really to protect its own people and the civilians and also to release political prisoners and safeguard human rights in the congo marc thank you so much for talking with us so is mark englehart there talking to us from geneva he's a journalist and author specializing in africa. big plans but no revolution b.t.w. ben is going to be here with a round up of all those business news for you in just a moment. but. first more on the way to serve my parents and like just hide your i think. bangladesh what is the true face of the country who are applying. freedom independence a separation of state and church that used to be important but for decades
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political infighting here has hindered progress and islamist extremists are gaining more influence joe morrison of the rule of law are on shaky ground you describe you know we love this should be. bangladesh the dawn of islam is a an exclusive d.w. report starting april twenty first. at. a striking reversal u.s. president donald trump asks trade officials to weigh up rejoining the transpacific partnership not without concessions of course but will his partners want him back. and the new man in the driver's seat at the balance to reform the scandal ridden auto giant but says it's not a revolution we'll take you to v.w.
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headquarters a volkswagen and get reaction from the frankfurt stock exchange. and then fizzle and let's do business patton starting to a much trump scraps a major deal causes chaos then says he'll reconsider rejoining if the terms a better that is it's happened with nafta now the t p p. he called the pacific rim trade agreement an american jobs killer and pulled out upon becoming president last year but u.s. senators have revealed the trump has assigned economic advisers to take another look at a possible free entry and here's the catch you know only rejoin if a substantially better deal is off and then to his predecessor barack obama he also took a dig at japan in the tweet the japanese finance minister taro aso humbly welcoming and reentering if trump recognizes the significance of the pack. trying to negotiate ing style as a real estate developer was to take extreme positions to force concessions from
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opponents that's had mixed results as president of the united states let's bring in a hang out singapore correspondent first of all under a the japanese were quick to welcome back but what about the ten other nations involved are they going to be willing to make even more concessions to get the u.s. on board oh ben the common consensus at the table right now it's just too little too late australia new zealand malaysia and even japan as you mentioned and these are the u.s. strongest allies the you know those yes think about seeing trump's new renewed interest into t p p but the would prefer not to rock the negotiation table at this point if they were able to come up with some sort of deal whatever the deal would look like what what would it mean for t p p with the us back on board. well right
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now according to the japanese official that is leading the charge of the t.p. it is akin to reshaping a glass sculpture mean to say it would be too difficult to delicate too late maybe even near impossible renegotiate renegotiation could take years particularly considering that the t.t.p. members sealed the deal in chile just last month but the us rejoining could still hold appeal it will help muscle against china's. ambition to gain really regional control and influence in asia just briefly surely the us would have an interest in rejoining i mean the agreement is meant to establish freer trade in the pacific asia pacific and also put pressure on china to open its markets. that it would but several other countries are also suspicious of what
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being used as leverage against china this u.s. china trade war some are also reluctant of a negotiation to remit renegotiate with a rather fickle president of the united states he who constantly changes his mind so it could boil down to a list of pros and cons and seeing which side of that list is heavy or a dry hang thank you very much for the analysis this is on life into his trade tensions china's surplus with the u.s. why last month and this will infuriate don't trump chinese traders and pharmacists trucking off the risk of u.s. soybean taffs china's the biggest buyer but isn't a stranger to the business. soybeans the latest casualty of proposed tariffs between china and the u.s. but chinese farmers at this shanghai trade exhibition remain unconcerned for them a chinese tax on u.s. soil and poets is the business opportunity they've been waiting for the cracker for
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you know. they don't know when i first started out a hand long she and province had a large share of china's so even markets here then american soybeans came like the wolf american soybeans were a big assault on the chinese market like a water bottle of a whole lot better only that i will allow you to go to india. it's a stop contrast to the mood among farmers in the u.s. but china accounts for sixty percent of soy exports and the terrorists could cost them up to seventy percent of that chinese access will call you in the can and large chunks of future business spend study we can sell more soybeans into these other older more mature markets but it's not going to make up for the fact that we're being cut out of the fastest growing market in the world. if the tariffs are next and it's likely china's consumers will still face some feasted food prices due to the use of american soil in cooking oil and animal feed but the nation is already looking for alternative so it sources in countries such as brazil canada
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and russia. the new boss has vowed reform but no revolution have at the signal edges the german comic to faces a long road toward winning back consumer confidence out the mission scandal but overhauling the corporation will be an even longer road. the w.'s new c.e.o. head that d.c. is wasting no time in his bid to make the famously unwieldy company lighter on its feet. also the list is in for its games are aimed to make volkswagen a front runner of the auto industry when it comes to economic and innovative strength and sustainability. so. good luck that i don't think the idea behind this is our conviction that a more efficient company should be steering strong brands have a decent joined volkswagen three years ago he's been a success as head of it's important to be w.
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brand so he's off to a good start among staff members their focus is highly focused and also has an eye on future development. but i am an employee here at volkswagen. i've witnessed him at various events. and i can say that he's performed really well since he came here folks from this new collar. observe year and this is only the beginning for have at d.c. he's planning a major overhaul of the company which includes a stronger focus on the automakers business in china and then there's the question of efficiency how best to run such a huge company with so many different brands disses solution organizing them in groups which he hopes will inject some dynamism into the car maker the plan looks like this the company's mass market brands will form one group in it the core brands v.w. skoda c at then there's the premium segment featuring audi the super premium with
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the company's four luxury brands. and truck and bus which says v.w. is being prepared to go public and what about electric cars many observers say v.w. is coming too late to alternative drive trains but that too is something heavy d.s. seems driven to change over to a reporter stephen beardsley involved in frankfurt stephen starting with you a big agenda there but no revolution as i pointed out so what does that mean a few tweaks but no real change. in one sense not the real revolution that some had expected especially during the diesel scandal right when there was talk of bringing in a true outsider is an outsider in the sense that he came from b.m.w. two and a half years ago but he's an insider in the sense that he's been in the auto industry for quite some time in another in another sense this is though quite a turnaround when you look at the scale of the restructuring and then also when you
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look at how much responsibility they're giving to d.c. is going to hold his control over the brand itself and then he's going to assume some other duties on top of being the board of management chairmen and the reason for this is that urgency again for volkswagen to be lighter on its feet as the piece said that's very important for volkswagen right now they want to look to the future and be a little bit more efficient and much faster daniel to try to break the whole v.w. . bug and i can tell you they're actually very optimistic that he is the right one for the job they call him a man of action and also from the share holders perspective they like the new structure with a different division that has been really praised your most lying has been creating record sales numbers but was still rather inefficient sometimes very slow as a company and they fear now that with this new volkswagen cost will be cut higher profit margins generated one investor even sand that he couldn't imagine anybody better for this job so lots of premature praise at this moment now he needs to
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deliver i'm glad you used the word premature because we don't know yet how far it's going to get but that share price is certainly mirroring that enthusiasm. yeah exactly when you take a look at the share price of v.w. today it has been opposite were point eight percent that will be a little bit more potential to go up when you look in general at this week the share price of volkswagen went after it is a trading week almost eight percent and also an end not an be an ounce and they still recommend childers to buy a volkswagen shares and even change their price target from one hundred eighty five euros up to one hundred ninety five euros around this hour with a word from you steve what what's the road ahead going to look like for. in the near term the road ahead going to look like this for hebrides he's going to head to china for the beijing motor show but china of course being the largest market in
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the world for automobiles and a very very important one for volkswagen like all brands in the longer term of course the big goals that by two thousand and twenty five three million electrified vehicles from volkswagen that's really the aim in the in the long term and in the middle term the question is going to be how diesel really works with folks wagon and how someone who is such a man of vision and ready to make substantial changes is going to get along with the board and such a large company that is like a big looming ship it's slow to move and respond to change ok that's. being automobile manufacturer let's see how that road ahead looks thank you very much for your analysis both of you there. and nice doing business with you i'll see you again very soon here on the gulf. coast.
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fence continues to control its people. next. time for an upgrade it. grows all by. house with no move. designed highlights you can make yourself. trends tips and tricks that will turn your home to something special. brace yourself with g w interior design channel on youtube. we make up over a week what tells us is that under budget we are the seven seven percent. they want to shrink the continent's future to. be part of the youngsters testing share their stories their dreams and their challenge of. the seventy seven percent
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. platform. during. which a bit. more link to school in africa. or link to exceptional stories and discussion. is easy and while website deputed comes to pick up join us on facebook. live. hello and welcome to focus on europe i'm michelle henery glad to have you with us turkey is undergoing profound political change moving away from being a secular society to a country where nationalism and religion are at the forefront. and
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