tv Business - News Deutsche Welle May 2, 2018 1:15pm-1:31pm CEST
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the capital of nairobi and a smartphone app is making that possible. we'll have that story and more coming up in the next fifteen minutes. to. learn german with. any time any place. whether with jo-jo and her friends. colleagues is going to believe me she spits in seats where she juggles a war with friends all over the world. online
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and interactive. german to go. learn german for free double you're. going to be. negotiations stalled brags it is leaving a huge hole in the e.u. finances so some belt tightening is in order up or maybe not what will happen with some subsidies for example that's an astonishing forty percent of the budget. and in the kenyan capital of nairobi women are getting less travelled the tocsin market a small fold up and especially female. overjoyed. business models. this economic growth in the eurozone is slowing in the first three months
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of this year the single currency area's economy grew by just zero point four percent the e.u. announced today it's the shopper slump in two years growth in the euro zone has been easing since mid twenty's sixteen last week the european central bank warned that protection is dangerous were affecting recovery in the euro zone that's made up of nineteen of the in news twenty eight member states that actually have adopted the euro as their currency. is staying in europe where the steel industry is breathing a sigh of relief for now for the next four weeks the us has been exempted from u.s. steel and aluminum tariffs but if no deal is reached within a month those tariffs will be back on the table analysts say now it's time for the you to take decisive action the german government said it had duly noted the extension and expects the tariff exemption to become permanent. and. let's talk more about this issue with kind o.
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as the house rather he's a lawyer an expert on international trade law and he consults with many you companies and joins us now from brussels from a legal point of view what can your or do to counter u.s. u.s. tariffs if they eventually come. well essentially the u.p.a. union is there a bit between a rock and a hard place there are two ways they can actually act one is the legal istic way that would be going to the w t o china has done so already europe has joined this as an observatory party so far up but once the duties are there and europe might start their own action the problem here is it's slightly less clear that europe will win than what europeans think to think about this the other option is a bit more of an eye for an eye approach europe imposes their own duty's they have threatened with this already and they suggested duties on jeans on whiskey and the like motorbikes. this may be a strong sign towards the us that we're not willing to just submit to the us wish on the other hand it is quite doubtful from
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a w t o more perspective whether this approach would actually in itself be legal. if you're based in brussels there said great deal of unity and how to deal with this issue or do people have different approaches. well i might like to think for the time being i'm rather optimistic so far yes there is quite a bit of unity here and both the major players if i may say so in the politics also of france and germany are acting quite unanimously here both have had their elections last year so maybe need to show strength in a particular way i hope this continues you mentioned earlier in your show the bracks of negotiations these are things where if the budget gets turmel her toilette there it certainly is more doubtful whether that unity will stand also when it comes to tariffs which then and again may impact the national economies. very briefly if you can what are you hearing from your clients what do they expect will happen. well they would like something to happen namely that is to get clarity
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as soon as possible if need be than have a duties but let's know what's going on obviously the steel industry is less clear about this but then other players would certainly want to avoid of this will develop into a whole full scale trade war between europe and the united states can ours there in brussels for us thank you thank you very much now usually the european union tries to come across as one strong block to the outside world but on the inside there's a constant power struggle on the way especially when it's about money the budget negotiations between the european commission the member states and the european parliament are starting today and brags it will leave the u.k. sized hole in the finances. how much money can spend and who gets what what gets subsidized and what gets cut who are the winners and who with the loses. every seven years the e.u.
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budget marks a political struggle for money and power from brussels green party member of the european parliament helga tupas knows a thing or two about budget talks she's twice sat at the negotiating table. the toughest is the behavior of especially the finest ministers or their ambassadors to say we don't have any money we are not ready to pay we are not interested in the common goals or politics because we are only interested in our national politics it's always every country looking at those used to tour saw how much do a pay in as a country and how much to get back. breaks it is looming over the negotiations this time britain's departure from the e.u. will leave a gaping hole in the accounts of about ten billion euros a year how should this whole be filled should the budget be reduced as the austrian swedes and dutch suggest or a cuts to costly areas such as agriculture on the cards. or policies disproportion
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it's far too large a share of you spending and it doesn't deliver on the kid with the courts at the end of the day this is a very small part of our population and it receives essentially forty percent of you spending i mean this is such an. even distribution the european commission wants more money to go into the pot and is reportedly proposing an increase from one to one point one percent of the blocks gross domestic product that money could go into defense migration and research one suggestion is an e.u. why digital tax on us tech giants but that's not without complications all of a sudden there would be a real tax capacity which means also some power transfer to brussels and it could have that the majority in the council is not ready to go for higher budget that
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would be a disaster from my point of view because that would mean that we all lose as europeans on the global level the e.u. budget can only be decided unanimously making difficult negotiations inevitable there's a lot at stake here specially for eastern europeans stay. which tend to be net recipients of e.u. funds. well there's still some good news in europe if you look a bit closer at single countries for example portugal's economy is growing that is making the country attractive for investors in real estate property values in lisbon are on the rise. while lisbon is known for its beauty its property market was ignored for a long time that has changed in recent years investors have been pouring money into lisbon's real estate sector in twenty fifteen investment in commercial property more than doubled from the previous year to eight hundred seventy six million euros and the levels have remained true to lehigh since then. real estate prices are also
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rising in the portuguese capital for the city's historic center they increased sixty seven percent between twenty seventeen and two thousand and eight according to local real estate experts so fordable housing is harder to find and some residents are becoming more marginalized in twenty fifteen butorac is cleared slums on the outskirts of lisp and while that may have offered some property investors a better view locals when given an alternative critics say so portugal's property boom is also leaving men behind. to kenya now a small revolution is happening on the streets of the capital nairobi the taxi business there was once dominated by men but now women are muscling in and they have a powerful tool of their little cabs is a very popular taxi app and customers can now choose whether to be driven by a man or a woman. of
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a new era if he have to understand english self-confident one at that and to kenya's female taxi driver as the little cabs app allows customers in nairobi to opt for a woman driver. that's becoming increasingly popular so female cabbies are on the rise. with that you know. you are very few who are like fifteen of us and the number has reached one hundred into one so far and also you're looking old to be more kenya's economy is expanding but the increase in wealth is far from equally shared women still worse off than men. i meet the best. it's the best looking at more than just sitting at home asking for handouts from i mean. anyone that i saw in me and it is there exists a solution to make. the cabbies and around five hundred euros per month.
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depending on how many call outs they get the feature is a rating system too but for most it's having a woman at the wheel that counts. i'm more comfortable being driven by a woman than i'm one and women are more friendly. is it to talk to it makes the ride more enjoyable. the job looks easier than it is the women have to be strong and self-confident partly because many men still see driving as a male demanding harassment can be a problem too obvious you expect them to see a very beauty fooling me in these left obviously we will but not let them get into it very much you don't once you want them you give them a one in this talk. there's also an s.o.s. but in the rare cases they need more support and one day these pioneers want to
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have their own fleet exclusively for women. byron story and that's it from me and the business team yeah and i'll have enough data for you in the next hour in the meantime to check out our social media accounts on twitter facebook and i website. slash business and before you go here is a real time check on global markets and of the performances right now at this hour thank you very much for watching but.
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maybe will history and harry take you back. this is absolutely minnesota is this is he with many places. don't even see the cultural riches of this heat and it's romantic surroundings more than one hundred castles and palaces all for the best way to do a trip to the countryside just by bike. yes. attaining
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the maximum profit justifiable when it's at the cost of human lives. and medications and groundbreaking technologies are taking over the health care system and generating billions of them could show the health care of actually cost. good business man. this is. made in germany to keep sixty minutes feasible just so. he has holds up as president read to type out one float and in the mood press. odds for celebration of world press freedom day may third on d. w. . philosopher and star adored and despised by karl marx farrakhan of communism
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a man whose ideas change the world but also defeated it. is he today and what influence does he have on politics and general culture. on the two hundredth anniversary of the birth of the documentary marx and his heirs w. . this is the city of new start in the state of north rhine-westphalia it's also notice germany's bicycle capital because there are twice as many bikes as people.
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