tv Business - News Deutsche Welle May 1, 2018 7:15pm-7:31pm CEST
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the armenian public thousands of whom are demonstrating outside the parliament. we'll keep monitoring of that story for you but to the face what is up next with your business headlines and i'll be back at the top of the hour hope to see that. learn german with d.w. . any time any place. with or with jo jo and her friends. i need to stop to do not delete my music criticisms but if you're going to close
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a war with friends all over the world. online and interactive. german to go. and. learn german for free with w. p. go to it. could a breakthrough be around the corner after president or trump extended a tariff exemption on european metals washington says talks with brussels could reduce trade tension. in mammal because the labor pains is the french president winning or losing all the reform front. and my mom used to say there's a lot of fish in the c. note according to the e.u. it's time for a strict new quote it's. been physical and that's your business us coming.
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secretary will brought us is putting a positive spin on trump's announcement to delay hiking tariffs on european still in alameda the germans are red hot about the persistent uncertainty it's causing businesses ross reckons they're having potentially fruitful discussions with the e.u. . a sigh of relief for the european steel industry at least for now the next four weeks the e.u. can continue to south deal and aluminum to the u.s. with that additional tariff. back in march donald trump signed off on plans to impose tariffs of twenty five percent on steel imports and ten percent on all you many and two weeks later he granted the e.u. and several countries a temporary waiver that exemption ended on may first washington accuses the e.u. of unfair trade practices trump says if no deal is reached within the next four weeks tariffs will be back on the table analysts say now is the time for the european union to take decisive action the guy sent out of the e.u.
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should do three things first it has to admit that there's a problem i think it's important to be honest second it needs to send a clear signal that it's not going to run away from a trade conflict in other words send the americans a statement the third thing is to offer a concrete proposal at light but be a smart one the german government said simply that it had duly noted the extension that it expects a permanent exemption from the tariffs. on them and it would have preferred to have received a definite permanent way for with immediate effect this didn't happen and so now we should use every opportunity to reach a reasonable agreement. but getting both sides to agree on what's reasonable won't be an easy task. a trade jitters come as the european union finds itself back on its feet following the financial crisis millions lost their jobs and that record unemployment is falling back to pre-crisis levels for most but the
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rates vary from country to country the economic engine of germany enjoys a jobless rate of three and a half percent fred says. and has been for a while now greece is still persistently above twenty percent after years of painful austerity but the government in athens now plans to lower the minimum wage job protection measures to stimulate the labor market germany went through. reforms long ago france is going through its own making it easier to hire and fire the businesses will take advantage of the laws to create more jobs so three different countries with different ideas of reform in france activists are using international workers day to protest reform i asked our correspondent how important today is to the unions. well this is a very important day food the french unions you know over the past few weeks there have been a several strikes that are still ongoing in different sectors in fronts like the
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strike against iran way reform or the strike at f. holes for higher wages and the unions have been struggling to speak with one voice across the sectors and actually that's what they are trying to day here obviously there are already quite a lot of people here as you can see just behind me however there are different demonstrations being organized across paris though it turns out so turns out that the unions haven't really managed to come together to speak just with one voice just yet lisa how much of a struggle is it for the unions considering their their bargaining position right now the government's campaign is surely putting them on the back foot. absolutely actually support for the unions across france to transfer the crust of french population has been going down there less and less people such as the payton and the profit after professional elections for the unions and also the government
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in my macaw the president is trying to undermine the unions in the sense that that they are yes the government is yes talking to the unions but that's you know really taking into account what the unions are asking for what they're demanding say it seems that they're negotiating position has been weakened over the past years and especially over the past few months and that's what they're trying to change now at the same time mccoy has had success in implementing some of his reforms a very bearing fruit here for the labor market. it's still very early days at the moment so what we're seeing is that unemployment is going down a tiny bit and also the economy here the french economy is growing again but we have to look at what's going to happen over the medium and over the long term however the awesome entrepreneurs. i have been talking to and they have been telling me that they're really happy about some especially some of the reforms such as our own compensation payments for workers that have been laid off some
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entrepreneurs have been telling that over the past few months because of that measure they've actually employed new stuff ok we've talked about the bargaining position of the unions what about macaws own bargaining position especially after that meeting he had which was very touchy feely with the u.s. president donald trump how did that breaux bads go down in france. while you could argue that the french are actually getting used or that have gotten used to his way of doing international politics actually his principle is i'm going to talk to everybody even though we won't agree but he's trying to be you know have a good relationship with all the leaders on an international level the french to peace shake down they think that he's actually a good international president even though he's not completely he's not that much supported in france that in france it's fifty fiftieth's the top of the population
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still think that he's doing a very good job and half of the population either against him or they don't really know what to think about him however they do most of the people here do think that he's a good international president especially as for once it's a president who speaks english but how has his strategy actually got him because the e.u. medals tariffs dispute is still going on. absolutely you know what it's like with these meetings you never know what's really happening behind those closed doors but you could argue that trump has pushed back the deadline by a man by one month or so maybe that's also down to not trolls diplomatic efforts they said that was their first in paris thanks for covering the events. this way there is now a nation of millionaires pity the currency is worth next to nothing hyperinflation makes survival a daily struggle for venezuelans despite
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a battle president nicolas maduro doubling the monthly minimum wage. the value of money is decreasing by the day in venezuela for millions access to basic food and medicine has become a luxury and venezuelan president nicolas maduro may do little to quell the problem . by decree dated today i have decided to increase the country's minimum wage to one million bowl of r.'s from three hundred ninety two thousand six hundred forty six ball of r.'s all you want to. your many more than a class or whatever that's a lot of the increases that to be only worth a few u.s. dollars per month economists say present maduro's adjustments will only make things worse that's because the value of the currency will keep falling oil prices and sanctions have crippled in as well as the economy in recent years.
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there's a lot of fish in the sea at least that's what my mum used to tell me experts say three quarters of fish stocks in the e.u. borders being overfished that spot strict new quarters which are great for the fish but bad news for local fishermen. it's nearly six in the morning and the sun is rising over the western baltic sea fisherman on chris look and his colleagues have been on the water for three hours they barely notice the sky instead they're busy heaving nets full of herring up on board it's back breaking work because main fishing ground is the bay of graphs the herring returned here in the spring to spawn. here again of course we're going to leave this catch area now because the herring have finished boning we can see from the dirty anchor that their work here is done the area is full of roll and built. so look ahead to ten minutes further east to cast his nets out the european union has lowered this year's catch
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quota by thirty nine percent that means that fishermen will earn over a third less income from their core business today look at has caught around two tons of herring that's around nine hundred euros in revenue he's almost reached his seventy ton limit so he can only fish for herring one more time this year. for most of my knowledge before i would have to return to the old colt all one hundred seventy tons to be able to earn a half decent income we're pushing everything to the limit or paint the bolt and clean it and the water only what's absolutely essential we have to save where we can to try and balance the books. but there's little chance of raising catch limits for herring right now in fact the tuna an institute for baltic fishing is considering further curtailments instead temperatures are rising in the baltic making life tough for the fish. until the mid one nine hundred ninety
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is reproduction rates were very good but since then there's been a continual decline the only factor involved is water temperature which is affecting various areas. but unless limits increase luka and his fellow fishermen will have to hang up their nets soon they'll be no point catching herring they'll shut up shop like a thousand others in the region before them. at a strong business if you.
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we have also this president rides of high powered law enforcement and animal crossing. our. for celebration world press freedom day may third on day w. . as you accidentally shed some face music. please try. spending time in the fields obama. how can you get out. with him because oh a series. this week on. the dangerous battle for images five women. five exceptional stories. one calling more photography dramatic pictures from the frontlines capturing faithful
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moments in time and even risking death. she gave her life to tell her stories of people who ended up killing. women more photographers starting may third on g.w. . play welcome to global three thousand this week we meet some young would be sailors whose homes are being destroyed by the sea. we visit a young woman from china who's intent on making have online. and we're off to know than brazil now home to more and more people trying to escape venice why.
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