tv Business - News Deutsche Welle May 15, 2018 7:15pm-7:31pm CEST
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international community has been reacting to the killing of almost sixty people in gaza by israeli troops the u.n. security council is meeting in an emergency session many countries have condemned israel but the united states has come to israel's defense. you're watching your every news will be back at the top of the hour for now thank you so much for spending this part of your day with us. because the german string together in one nation from the minute to chancellor also from bismarck to. the history of the germans has been shaped by great rulers. nice well known ways to bring my royal college of best to protect christendom and spread to find the truth. always a few back at the feet of the enemy in time lisa bloom. and
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steered by courageous decisions we must fully treat the odd place. on the germans every week on t w. but. is germany a war profiteer. germany trial for alleged illegal exports used to kill thousands of people in mexico's drug war. the western sanctions on russia buy back we talked to the german economy minister about the consequences. and. from europe's poor to the poster boy for growth. let's do business. of germany. have gone on trial there facing charges of illegally exporting weapons
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to mexico prosecutors accuse the company of supplying rifles used in abuses like this is forty three mexican students they say it's shipments germany's weapons controlled by ending up in a specially violent storm states if found guilty the defendants could get jail terms of up to five. should a country that started two world wars be exporting weapons guns tanks and ammunition made in germany a popular making of the world's fourth biggest exporter a german firm sold forty percent of their weapons to you and nato countries sixty percent went to other countries around the world every german arts export needs a government license to the race to nations outside the e.u. and nato come under particular scrutiny to ensure they comply with the following criteria they have to meet human rights standards they also have to or ensure they
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are not in j. injuring regional political stability and they shouldn't clash with germany's in the e.u.'s political interests but who and he is so the principles if the court rules the company didn't it could face a fine a reporter going to kettle's went to the town where the firm is based on nikka a major center of the german weapons industry those who want to understand germany's weapons capital need to go to church says. it was here that weapons manufacturing began an open door of about two hundred years ago and in august an eon monastery was actually in this church we're standing in the. memory to god in the highest haven't and on earth and goodwill to men it's grotesque that within these this message of peace weapons were produced of which millions of people were killed off. and only
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opinion makes him an outsider and opened off there are three weapons manufacturers in this small town in southern germany and cruising heck not on cost. many of the roughly fifteen thousand residents are directly or indirectly involved in the arms industry. you don't really think about it they have to be produced somewhere and now they're here. the company has to make something one make sugar others make candy to make weapons without weapons what should they make maybe make chocolate or something. if they learn cost doesn't make it someone else will then somebody else will produce weapons and they're not just making weapons for the military but also for the police and we need them to its people. and guns have been manufactured and opened off for two hundred years the first rifle factory opened in
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eight hundred twelve the local weapons museum shows the development from the early days to modern military weapons by headline co. so this g thirty six assault rifle takes center stage it's been the standard weapon of germany's armed forces since about two thousand since one thousand nine hundred seventy it's actually true that the standard infantry arms have come from off to this day except for a very very short break first for the imperial army then for the army of their life during the weimar republic for the value of the nazi era and then for today's bundeswehr. worked for heck on call in his youth today he's involved in activism against weapons exports from his hometown. everyone knows that every fifteen minutes every fourteen minutes to be precise someone is shot dead with a weapon made by a heckler on call it matters to some people this is a he. had and call not just
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a company like every other even if as seen from off that's easy to forget. the west sanctions on russia biting back german wholesale a metrobus posted a quarterly loss of fifty million euros it's a steep drop since the same quarter last year when metric posted a forty billion euro profit russia as one of the group's most important markets the growing economic uncertainty has led to a fall in consumer spending metro plans to change its pricing policy to reignite business their. economic sanctions on russia are a topic our moscow bureau chief drug storage spoke about in the exclusive interview with german economy minister peter. minister he spoke this morning with german business representatives the country's complaining that the sanctions on russia have made it difficult to generate the revenues we so we have otherwise been possible on this i think. you've got to put off the clock german industry once the sanctions removed at least partially so we could make that happen.
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it was important to me to speak to german business representatives there are many companies here of mid-sized firms but also very big ones are present here they create jobs and make money and it's important to me to be able to protect these companies from the negative effects of the american sanctions. gauging into print discussion by first with the american government to see whether deadlines can be extended in certain cases and exceptions made possible but we're also speaking with the russian government because we want to make certain that russian counter measures won't exacerbate the situation for german companies. so you say you want to strengthen cooperation with german business. what do you mean by that in mind. i was pushed as minister as economy minister i feel responsible for ensuring that german business as a broad can be successful as
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a benefit for german jobs too and that depends on opening up new possibilities in terms of cooperation with mid-sized companies which there are far fewer in russia than in germany. and that we progress in terms of dual training and environmental cooperation in the energy sector and with model projects. there's a lot there that isn't affected by sanctions and we should use these opportunities . the sanctions were imposed for political reasons ministers from either side on the ones deciding whether they should continue those decisions are made in brussels and washington was. watching but we can achieve much below that level and we have determined that today we have agreed that strategic working groups from the economy ministry and russian partners are going to meet in june. and we're going to try to push such projects forward on all levels. reduced bureaucracy
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and that german companies can trust in the rule of law are also part of those efforts. that's something i also discussed with my russian partners i believe that international exchange and free trade are in the interest of all concerned and i'm doing all that i can for that with regard to russia. the german economy minister there peter i buy a new show a slowdown in the eurozone don't blame it on romania it used to be the man of europe now the nation's not enough growth figures otherwise reserved for china or india may romanians who fled poverty to other european countries are returning to a burgeoning economy and how they recognize what they left behind. carmen is surprised at just how much a homeland just changed in recent years after three years in switzerland the r.t.e. specialist returned to romania and now she raves about the seismic shift that swept
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the country are so much more engaged and aware of what's going on around them and they are still very committed to making a difference coming back with their experiences and trying to shape the society and the relationship with their you know friends and people around them. and works for deutsche bank the company has established its global i.t. center in romania capital bucharest and boasts almost one thousand employees with one international company after another setting up offices in the country and seven percent economic growth europe's poor house looks more like an engine room the european head of an israeli investment company proudly shows off his shopping center to more on the construction. site. for instance it's in that.
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the government is fuelling the just shopping fever they reduce the v.a. t. and sharply raise the minimum wage this has raised questions as to whether the boom is sustainable. says no he's just opened his second cafe and as well as benefiting from the boom he's becoming increasingly worried that remaining is accumulating a mountain of debt. him assertion is. they've never i don't think in time invested in their people in their systems in their computers in their strategy so like i said you have this streak of super competitive under a noise beat in coffee shops in technology and what have you and on the other hand you have the public sector which is a stock in time. but the economy is flourishing here despite the woes with the administration and of course many romanians hope that the change for the better to . finally we all know the way we work or how we live
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a changing at lightning speed as commerce and industry changes as well so keep up with the trends and join us all may. go use your business magazine delves into everything from innovation to the shadowy sign of digitalization. don't miss the first show you know ration buses motivation coming up later tonight at ten thirty german time catch up in time on our website dot com slash business. season i still business with the.
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