tv Business - News Deutsche Welle April 16, 2018 7:15pm-7:30pm CEST
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and the european union's twenty eight foreign ministers have issued a joint statement backing u.s. french and british airstrikes on syrian targets over the weekend e.u. ministers have been holding talks on how to resolve tensions with russia and revive peace efforts in syria. all right that does it really a lot in berlin monica jones is up next with your business headlines now so you can at the top of the hour. make your smart t.v. smarter with t.w. for. what you want when you want it up to date extraordinary. and decide what's old son don't want that job comes more t.v. . g.w. true diversity. where the want of science is at home in many languages
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to take on for a total grab and go and believe me show you can feel good show them with us our innovations magazine for in. the coming week and a way to look into the future for the w dot com science and research for asia. another problem to opens between europe and the u.s. now the u.s. sternly rejects plans to tax not profits but sales of american tech giants like google and amazon. also coming up the turkish currency the euro is in freefall but the governmental disagrees with economists a means to halt its decline and points to a conspiracy. welcome to day business i want to get jones as always good to have you with us. well relations between the u.s. and e.u.
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have come under fresh strain as the european commission plans to slap big new taxes on u.s. tech giants the german business daily hundreds blood claims that the united states is accusing the e.u. of violating w t u rolls with its digital sales tax now that would apply to companies no matter where they're based on the tax could amount to between one and six percent off sale not profits and that means companies like amazon would not be able to avoid it by reporting low profits or using tax havens and the tax would be due on all activities in that x. that exploit use the data which is also hitting facebook and google the u.s. says that's unfair because the rules are decided specifically to tax huge american corporations it only affects companies with at least seven hundred and fifty million euros in worldwide sales but the facebook scandal has strengthened the hand as it prepares to introduce new data protection laws sounded might find itself in
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a stronger position to face down washington but is that the case that's what i asked our brussels correspondent teri schultz. well monika at this point it's important to point out that this is a european commission proposal and not yet an e.u. law and some of the problems with it besides simply inflaming the transatlantic trade relationship even further is that there are many european union governments who themselves are not interested in passing attacks like this they don't like the idea of having companies taxed on revenues instead of on profits it may create problems with companies wanting to tax them to base themselves in european union countries so there are many problems with these proposals simply ever becoming e.u. law it remains to be seen whether president trump would ever have anything to fight back against inside the w.t. oh well as far as i believe the business community isn't too happy about the proposal either one is that that's right i spoke with the. chief economist of
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business europe james watson today and he said that besides the fact that these proposals probably don't violate any w t o rules they do go against we called o.e.c.d. principles and he said many european union governments are simply not going to be supportive of that he said that there will be there the most that is likely going to happen from this is that some governments those governments in favor of it can go ahead with this tax but there will be many governments the irish government the dutch government the luxembourg government and some of the smaller countries who simply will not go along with it so it sounds like there's just a lot of talk but it's highly unlikely that we will see the e.u. walk the talk or is there any chance. that remains to be seen and perhaps it will be watered down and it takes a long time for a european commission proposal to become an e.u. law but we may be hearing more about that even later today in washington business
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europe where economist james watson is is based and of the u.s. chamber of commerce are holding a summit in washington today and this is going to be one of the chief items on their agenda for sure brussels correspondent teri schultz the bring us up to speed on the proposal on a digital tax thank you so much meanwhile the european union has filed to documents with the world trade organization in geneva in protest of u.s. tariffs on steel europe wants compensation from the u.s. because it believes the tariffs are not truly based on national security but are instead safeguards tariffs which are against w t o rules. of germany shortage of skilled workers impact its economic growth according to a study of the country's economic output could be almost thirty billion euros higher if it wasn't for the lack of specialists and there are more vacancies every year almost four hundred forty thousand were registered in twenty seventeen the
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number has risen by more than one hundred thousand compared to earlier the shortage ways on corporate investments and on among workers one solution to the problem could be more women in predominantly male professions experts believe that with the right training and encourage meant women could close the skilled scamp. when it comes to electrical circuits. us in her element but the process mechanic apprentice is surrounded by men she's the only woman in her second apprentice here it's a similar situation with those in their first year where pia told months is the only female both women have learned to assert themselves in male dominated professions when i think it's proof to them that i can do it as well just because i'm a girl i can't do it that was the prejudice i showed them that girls can also do the jobs. which if you just. the numbers show that the percentage of women in so-called
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male professions is slow new rising across germany eight percent of anti specialist apprentices are female among those who train to become automotive myka tronic technicians the number has now risen to four percent in the electronics the proportion of women is still low at two percent it's no surprise that the vocational school in life so you can see only one woman but five male teachers in electrical engineering she says things are changing slowly. so long enough and long as we speak of women in male professions there's not gender equality it is of course understandable there is only one woman in the group but in general i don't see to classical distinctions anymore. in these times of skilled worker shortage women in male professions are needed more than ever. to casey called and he seems to be ticking along nicely it grew by more than seven percent last year that stronger than china's but this caps the turkey's currency the lira has been on
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a continuous downward spiral so what's going on. turkey is cheaper than ever for foreign tourists the turkish lira continues to hit new lows against major currencies. it's lost nearly half its value against the euro for examples twenty fifteen. but although that might be great for foreign visitors it's a huge problem for the country because it has to import commodities like oil and gas the country's central bank could apply the brakes by raising interest rates but president rhetoric tired out a lot has hamstrung that idea so he's betting on a looser monetary policy that wants to retain both interest rates to help drive economic growth and he accuses those who aren't of the same opinion of being tools of western powers that are want to. tributes the fall of the leader to turkey's enemies. turkish companies are suffering the country's largest manufacturer of food
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products isn't debt to the tune of billions in hard currencies but in its home market sales are in the following clear up has already warns that it will soon be unable to meet its obligations all told turkish companies zero creditors around three hundred billion dollars some economists now believe turkey could be the flash point that sets off a new financial crisis. tunisia is plagued by high inflation and unemployment to many young to nations turn their back on their country in the free europe but not all of them stay there is the story of one man who came back. we're meeting taxi driver one of the treaty in the tunisian capital tunis he traveled over the mediterranean and lived in germany without papers now he's come back home living underground there was just too stressful he says. groups that
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don't live. europe is a dream for many people in tunisia but once you get there all you have is anxiety and i was living on the third floor in hamburg and had a rope attached to the balcony in case the police came and i had to make a getaway i could hardly sleep. no walid has a different dream he wants to open a cafe in tunis and is shopping for equipment he's checking the prices. i was born here and love my country and that's why i want to create something here for me and my family. what happens in this storefront could help make walid stream come true an organization supported by the german government councils tunisians like him about legal migration finding a job and start up help he'll have to apply for
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a lower himself although the group will help him fill out the paperwork but return knees like walid are still the exception the center has helped fifteen hundred tunisians so far most of them want to move to germany working here is sometimes hard but rewarding to make it for ending the other most important thing to me is working with the people that we reach like while they for example i can see that he got a lot out of talking to us and that our advice really helped him move forward. german development minister get most open the center last march in the middle of tunis as part of what's being called the marshall plan for africa tunisia is receiving one. hundred sixty five million euros in aid to help fight the problems that lie at the root of migration but money alone can't make them go away. meanwhile the protests go on demonstrators are tired of corrupt authorities the old political
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guard and bloated bureaucracies. that's released unfinished of course we won't be able to fix everything but i think we're doing the right thing helping individuals creating individual success stories. she hopes wanted to be she could turn into one of those success stories a returning from germany who creates a new life for himself into notice. as a business update in the next hour my colleague daniel wynter will bring up to date . with. the.
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i am opportunity. i am. glad. my first boss was a sewing machine. where i come from women are bones by this social influence and then something as simple as learning how to ride a bicycle it isn't. since i was a little girl i wanted to have both by said the loss of my home but it took me years to convince my. finally they gave up and went on by me on bicycles but returns because sewing machines sewing i suppose was more apt procreates for goes than writing i'm biased as knowledge i want to reach out to those women back home
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who are bones by their duties and social norms and inform them of old dead peace and rights my name is the amount of people home and they were more at ease a. welcome to tomorrow today coming up. many people are interested in genealogy but how useful all commercial d.n.a. tests. will reveal the secrets of the mummy's identity. and it's.
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