tv Business - News Deutsche Welle May 16, 2018 1:15pm-1:31pm CEST
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north korea has threatened to cancel a historic summit with the u.s. president and donald trump young young says it will not take part in the meeting if the u.s. insists it must get rid of its nuclear weapons they've also counseled a high level meeting with south korea. coming up ahead to a showman company wants to change the way americans think about traveling by boss that this coming up in business in just a few moments. and that's again was who's standing by feel. good. they make a commitment. they find solutions. and stronger. now
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for the long. stories of both people making a difference in shaping their nation. and their continent of africa on the move stories about motivational change makers taking their destinies into their own hands w.'s new multimedia assumes. d.w. dot com africa on the move. nuclear fallout with the iran nuclear agreement imploding us president donald trump tries to bring e.u. allies into line and threaten sanctions against european companies doing business with iran. and as china's vice premier comes to washington for further trade talks was greeted with an olive branch by donald trump who is offering to lift sanctions
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on a chinese electronics giant. this is your business live from. us european businesses are worried about getting punished by the u.s. for trading with iran for announcing his intentions it was drawn from the iran nuclear agreement u.s. president donald trump is not trying to pressure u.s. allies into following suit he's threatened to place sanctions on european companies that do business with iran and is already naming names has some gotten j.v. and checks the news several times a day dear amy an entrepreneur is currently in germany visiting his business partners. he sells medical technology and is also involved in the computer industry . donald trump's decision to withdraw from the iran nuclear deal comes up at every business meeting how will the e.u. react will there be new sanctions against iran.
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done shavian has made a lot of contacts through international trade fairs like this one in tehran last year and he has contracts with european companies but now many of his partners are uncertain about the future of the businesses. currently right now we have to sit down and see what's going on basically through the improvement relationship between iran and european companies especially with germany and this is a very good moment in our history we can see who are real partner. and to be a spokes bomb speaks to his staff in the middle east several times a day fire video link from darmstadt in southwestern germany he provides high speed satellite internet to customers in afghanistan pakistan and iran airlines have
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shown a lot of interest but getting the money together for these kinds of orders could become increasingly problematic that's what one of a what would have worked fine a week ago might be impossible next week getting some of the fun these big projects for instance a european bank with branches in the u.s. won't be able to finance them. books is still trying to keep its customers in the middle east happy but if the sanctions go ahead business is like he is might have a difficult future. talk about difficult high ranking u.s. trade delegation travel to china earlier this month to smooth out difficulties in trade relations with little effect it seems now china's vice premier who he is coming to us for a return visit and it looks as if there's some movement in the last president has already offered an olive branch to china and telling his officials to look at lifting sanctions against china's tech company. but he wants something in return.
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he might feel like he has china in the palm of his hand u.s. president donald trump placed sanctions on chinese electronics giant z.t. that almost ruined them but no trump is promising to be more lenient and help them back into business provided china scrapped plans to impose sanctions on u.s. agricultural imports. it is well known that the present president wants to reduce the bilateral trade gap. i think the way to do that is for china to lower barriers across the board in the us export now and do it that also creates growth their growth keeping these barriers down is important for u.s. farmers they would be hit hardest by the chinese tariffs announced in retaliation to trump's plans tariffs on chinese steel and aluminum imports farmers are important voters for donald trump and he'll need their support at the mid-term elections come autumn. the world trade organization says the e.u.
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has been illegally subsidizing european plan. that could prompt a retaliatory measures with billions of dollars from the united states the ruling is the latest twist in a dispute that dates back well over decades at the center of the dispute are the world's two largest plane makers european aviation giant airbus and its u.s. rival boeing the w t o ruling upholds a claim by the united states that the european union has been illegally subsidizing two kinds of aircraft made by airbus the a three eighty super jumbo and the a three fifty twin aisle jess. that says the trade body has led to lost sales for boeing the decision enables the united states to seek the right to impose sanctions against the e.u. u.s. trade representative robert litan hisor had this to say in response. this
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report confirms once and for all that the e.u. has long ignored rules and even worse aircraft subsidies have cost american aerospace companies tens of billions of dollars in lost revenue. the e.u. says it will take swift action to ensure it's in line with the rules but pointed out that the vast majority of u.s. claims were rejected but the story doesn't end there the e.u. has bought its own case against the united states accusing is of illegally subsidizing boeing the outcome of that case won't be known until later this year the tit for tough battle to dominate the skies comes at a time of already soaring trade tensions between the united states and think european union most recently concerning the threat of u.s. tariffs on steel imports the upcoming ruling on alleged u.s. subsidize ation of boeing is likely to lead to further turbulence. figure of
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turbulence there's no end to the misery faced by passengers of belgians because the airline some sixty thousand ticket holders at brussels our lines won't be going anywhere despite talks ended ending a pilot strike the captains and first officers are calling for better pay and more days off they first walked off the job on monday so far the negotiations haven't made any headway as the strike leaves nearly three hundred flights grounded germany's love tons of took over brussels airlines last year it says the cash strapped subsidiary just can't afford to meet the pilots' demands. in japan the economy shrank in the first quarter of government statistics a g.d.p. throw back zero point two percent compared to the previous quarter it hasn't been helped by deflation fears with consumers spending less money and industries staying away from investment and it comes on the back of the country's longest expansion since the boom times in the one nine hundred eighty s.
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. we stay in japan where officials from the transport ministry have started an investigation into automakers who borrowed in connection with a quality control scandal about who has admitted that unqualified workers carried out final checks on cars before they left the factory the checks are required by the government to ensure safety company said it had found about nine hundred cases of data false because it related to fuel efficiency and exhaust emissions comes just months after the cobie still admitted to falsifying safety inspection data. in argentina the economy is in tatters prompting president maurizio bakri to run to the international monetary fund with his hands held out for emergency funds the people of lost patience and take to the streets. demonstrators are collecting money in big create some the streets of buenos aires. f.m.r.i.
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is written on them that's the acronym for the international monetary fund in spanish many argentinians hate the i.m.f. . they were afraid they'll have to pay for their government's mistakes. were protesting the measures that the government is planning they reduce the quality of life and hunger it will be a problem again we can't let that happen. the government has asked the international monetary fund for help which for us represents a return to the past and this deal will come with cuts to our wages our pensions our rights. the current situation is reminiscent of two thousand and one when twenty people died during protests against the austerity measures that the i.m.f. stipulated millions were thrown into poverty in the end argentina collapsed under a mountain of debt it was the largest state bankruptcy in history. and now the
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argentinian currency the peso is rapidly losing value twenty percent in the past six weeks alone the central bank is trying to stop the nosedive by raising interest rates by forty percent they hope argentinians will keep their money in the bank and not change over to dollars but it hasn't helped the trust is broken in recent years the country has spent a lot more than it has earned the mountain of debt is growing further worsening argentina's economic emergency. safe to say that. the best reputation. of those who call the. company. a few years now the trick in the us.
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d.-w. the. tempo. the rhythm the mom. the momentum. we're in a bit well made your business magazine with. sixty minutes on your. account the germans came together in one nation from shall the money to chancellor also from bismarck. the history of the germans has been shaped by great rulers. nice well formed ways to bring my royal college of us to protect christendom and spread to find the truth. are we to fall back into the enemy in time.
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