tv Business - News Deutsche Welle May 14, 2018 7:15pm-7:31pm CEST
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has given the e.u. sixty days to provide guarantees for the deals continuation. are being beneficial and we'll have more for you on that and i'll see you again at the top of the hour with the world headlines. a blessing. and a curse. for suppose nature and in this scandal. monsoons the tropical jungle or such communities. there's a song to song come to. our source of life. to cause of enormous destruction but
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long soon starting may twenty third going to double. the top stories followed across social media share your comments and content welcome to . news. at. trump's u.-turn the u.s. president wants to rescue the chinese tech giant he set out to destroy republicans of baffled about the pledge investors hope this all means trade tensions. while the u.s. pulls out of the iran deal russia china and europe all want to kill the business void. and the french rail strike saga continues and just hope was well the french guy. buckle under the pressure of commuter chaos. i've been
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physical and let's do business another u. turn for u.s. president donald trump after banning american supplies from doing business with the chinese tech giant zed t. he now wants to save the company it relies heavily on tech made in the usa trump says he's instructed officials to come up with a rescue plan saying too many jobs are at risk. tweeted president xi of china and i working together to give massive chinese phone companies that see a way to get back into business fast while it doesn't ploy eighty thousand people and it said last week that its major operations had ceased after being banned for seven years from buying american take the u.s. accused of misleading regulators by continuing to do business with sanctioned iran and north korea. let's go live to frankfurt where
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a financial correspondent daniel cooper standing by daniel is there any explanation for this sudden change of mind. they're very interesting and so investors were rather surprised about this latest read once again so what's going on that's the u.s. president as i don't really care that much about jobs that could be lost in china and we have to remember that he has consistently accused china of stealing u.s. american jobs so reading this tweet now makes many feel that this is actually a dramatic shift for mr trump we also have to keep in mind that the concession to beijing comes ahead of high level trade talks later this week in washington with the goal to deescalate the trade dispute between the world's two largest economy also i would like to share a statement made by a professor of trade policy today he say that a reversal of the decision could temporary tamp down trade tension by allowing the chinese to make concessions to the united states without losing face so it could be
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a charm offensive but also pure saturday for the upcoming meeting later this week don't you think it's also interesting the republicans are criticizing this decision based on security concerns is that legit. well we have to remember that april the commerce department banned u.s. companies from selling to city for seven years after illegally ship goods to iran and north korea are now the republican u.s. senator marco rubio a longtime rival of mr trump said on twitter that he hopes that this isn't the beginning of backing down to china and that the problem with that he is not about jobs and trade it's about national security and even espionage even though maybe saying that the national security of the u.s. would be at risk is maybe some sort of overreacting but the original band was not related to any kind of protectionism that we have seen there are there were reasons like i just mentioned of doing business with north korea and iran don't you go
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first with the analysis from the frankfurt stock exchange which. iran has given europe sixty days to confirm the status of its international nuclear treaty he iranian parliament's website says the e.u. must pledge the treaty will remain in force even after the u.s. withdraws iran also wants the european union to uphold all economic agreements but that may be difficult due to u.s. sanctions against companies that do business with iran this will be a topic at talks tomorrow between iran's foreign minister and his e.u. counterparts in brussels legally european business is not bound by american foreign policy but ignoring sanctions could affect their business interests in the u.s. . the e.u. resistance to the new u.s. sanctions on iran could hit european companies where it hurts and that's because most large european enterprises have some sort of business with the united states and are likely to be punished if they continue to cooperate with the run but
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european policy makers say they won't permit washington to dictate e.u. trade policy. it will show. you i think there is a true realisation a realization among all european states. that we cannot keep going in the direction that we are headed in today. direction where we submit we submit to american decisions. we want to submit or do we prefer to become independent and sovereign. the question is how to go about protecting european interests lemaire suggested instigating so-called blocking regulations that use most powerful but untested political tool currently at its disposal the measure would permit european companies trading with iran to ignore the u.s. sanctions decisions by u.s. courts would also not be upheld in europe. so far the e.u.
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has not signaled what measures they could adopt. the foreign ministers of germany france and the u.k. as well as a few foreign policy chief for the ecomog are ready are scheduled to meet iranian representatives in brussels on tuesday they are expected to affirm their commitment to the original nuclear deal. we asked our some would for the consultancy control risks whether anyone stood to benefit from you saying since. i think that in terms of who will benefit with these sanctions i think we will continue to see russia and china do business with iran and perhaps even more business with iran regardless of the sanctions in place and i think part of that is because they're less exposed to u.s. financial institutions and markets and are able to do more business in different currencies and so i think they will be the ones that are particularly well placed in the coming months to continue to do business with iran.
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commuter chaos in france again unions slashing the number of trains running this time to pile pressure on the government president to mount while mccoy's trying to perform a service which is highly in debt he wants to raise the retirement age for new drivers from fifty two and kill their jobs for life guarantee it doesn't affect current stuff yet they're the ones striking but even then the trouble isn't swaying public opinion in many cases. anyone currently planning to take a train in france will need to keep a cool head stations like this one in paris a full to bursting most of the trains will come sold because almost three quarters of the drivers are on strike this is the fifth week of strikes but passengers are exercising solidarity. with them so they have the right to strike that's the way to . it affects us a lot but we just have to wait until it ends still two months to go i suppose all
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the more response he didn't listen i think the government needs to reach out somehow because we feel like we've been forgotten. just they need to listen to the little people and not just the big quakes with the hope that. the unions staged this walkout in protest of the government's reforms president mccrum has defended his plan to rebuild the state and railway saying it will make it cheaper to operate and provide a safer more reliable service. german researches say the christian used in email like microsoft outlook and apple mail is majorly flawed they say the vulnerabilities could pose an immediate risk the funding is yet another headache for german lawmakers who are already grappling to deal with online threats. what cyber crime has hit german institutions hard in recent years from an attack on the government's id system to hacking directed to telecommunications companies criminals abroad have managed to infiltrate systems thought to be secure. yet some
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lawmakers are calling for more action to be taken to tackle the problem head on since he believes he won't is to us i know raising awareness is one thing but as well as that we need to further develop our forms of protection here at the office for the protection of the constitution we're ready placing a bigger focus on defense but we also need to be able to go on the offensive to this with friends either cup or to own one measure some companies and officials are calling for is permission to hark back in other words to attack the computer is attacking them at present the practice isn't legal in germany. it's. as if you. really need computer capabilities that enable us to retrieve stolen data so it's all new to the data the thieves have access to sometimes access their servers or in the most serious cases to shut off servers the. locals
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as the threat of online attacks grows the debate about the possibility of hockey is likely to intensify. the u.s. supreme court has overturned a ban on sports betting up until now it is being illegal everywhere in the united states except for novato it is now up to each state to decide on the issue the ruling paves the way for a business worth tens of billions of dollars annually it comes after a major sports league sued the state of new jersey for its attempt to legalize sports betting that horse race tracks and casinos. and film has called for male actors to take a pay cut as a way to reduce the gender gap she made the call during an interview with the confidante festival becomes a day off the dozens of female movie makers staged a protest on the red carpet calling for equal pay and opportunities. and a reminder of our top stories the u.s. president wants to rescue the chinese tech giant that he set out to destroy.
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republicans a baffled about the pledge while the u.s. falls out of the deal russia china and europe will want to fill the business void and the french. continues. will the french government under the pressure of computer. stores and more on our website www dot com slash business see you again very soon.
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