tv Business - News Deutsche Welle May 19, 2018 1:02am-1:15am CEST
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is it deal or no deal the u.s. claims to have convince china to reduce its trade deficit by a massive amount not so far say the chinese also coming up as business in numbers keep growing top tourist destinations like venice and amsterdam a desperate to ease the strain. and say you're excited about the royal wedding well the brits are and they're shelling out all kinds of wedding related see that is. this is your business update i'm helena humphrey in berlin thanks for joining me america says it's come to an agreement to reduce china's huge trade surplus with the u.s. by two hundred billion dollars annually now the new surprise the world and china by all accounts the country's foreign ministry now saying it agreed to no such thing say the room is all not true that is what the ministry spokesman knew kang had to say dialogue with u.s. negotiators is currently ongoing what is for sure china has agreed to drop an anti
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dumping probe into u.s. imports of the sorghum crop used often in food and animal feed. well as bring in our financial correspondent yes go to in new york now yes trump says tomato china seems safe something else how likely is that they really came to an agreement regarding this trade surplus. well after the trade talks between the chinese delegation and a u.s. representatives on friday there are sources from the white house saying or some governmental officials that actually this two hundred billion dollar number is still on the table and i would say it is in general rather unlikely the biggest export item from the u.s. to china last year were aircraft in the value of sixteen billion dollars so from sixteen to two hundred billion dollars that is quite a get personal china for example would have to buy. in for about six hundred
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big airplanes to come up with anything close to that number so at this point it does seem rather unlikely. thank you very much indeed. what is the german chancellor has gain when it comes to russia one hand i'm going to merkel has to maintain sanctions against russia for an exciting ukraine while at the same time assisting the country to build this new highly profitable gas pipeline well the united states has threatened to punish companies and countries working on the pipeline but it appears it could be too late. these pipes are supposed to double the amount of natural gas that russia consent to germany a project that both countries are pushing to complete but it could hurt others ukraine relies heavily on transit fees for russian gas that passes through its territory. but the new pipeline not stream two just like its predecessor bypasses
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the eastern european country that could cost the country losses of one point seven billion euros. i'm going to merkel has now promised that gas will continue to flow through ukraine on for about soybean funded shows i think that's what the german viewpoint is that ukraine will have to keep its role as a transit nation after nord stream two has been completed it's a matter of strategic importance of the french i think shut the doors off putin agreed to this despite political tensions with ukraine but he also tied his concession to a condition that you'll discover things that i would like to say that after the launch of north stream to the transit of russian gas to ukraine it's not going to be suspended. but i would like to emphasize that the deliveries will continue if they prove to be economically justified which is going to be speaking. to didn't say what would happen if sending gas through. these the emissions
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a scandal continues this time it's luxury brand caution that lost eight at the small german chancellor ministries one of the carmaker to recall around sixty thousand calls around the world order to discovered and legal cheat devices in the diesel powered s.u.v. models the cayenne and mechanic these make emissions seem relatively low on the test conditions yet they could be significantly higher out on the road who she says it will take full responsibility to fix the effected vehicles. masters of maize somewhat of a modern day except the cash that foreigners bring to drive development and help locals but accept too much and you risk overcrowding and angering citizens budget airlines and cheap accommodation make it much more easier to travel i mean top destinations are taking drastic measures to just take venice and with its twenty two million tourists a year that can be a crowd control problem the city has now set up gates at the entrances to the
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historic said to help control the flow of bungling travelers and prevent bottlenecks now has also decided enough is enough new shops all battened from opening in the historic center if they mainly cater to tourists. this is the amsterdam cheese company's top product a ten month mature gooda also available in a gift box with a well known dutch painters name on it putting calls open the fifth branch of his store last october in central amsterdam but at the same time a banner came into force that prevented the opening of new tourist shops. she stressed i don't know if you're going to sold anything by closing a cheese store i think what you need to do and those are very serious and difficult discussions is to look at the demand side how are we going to manage that so many people come to these european cities how the supposable that so many flights coming
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in and that so many out till bookings are made and the decisions need to be made on that level i'm certain i mean is a vibrant place with a lot to offer which is why seventeen million tourists come every year the city is now trying to stem the flow renting apartments to holidaymakers there's no subject to registration and no new hotels are allowed to open. the city has also stopped advertising. and there's a new strategy. so what we've decided about a year ago is that we're have implemented a new zoning policy which basically says that we are reducing or we're limiting the number of shops that cater exclusively to tourists so no more new shops that cater to tourists and the cheese company is an example of that. the myriad of souvenir shops and fast food places have become a thorn in the local side many welcome the move that's been coined operation
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nutella for the countless nutella stores. i think it's perfect because they ruin dissin explosion of nutella stores and that's one of the reasons why the no normal stores where you can buy stockings or just bread that's better because it's other the shops are all full. so i lived for forty years forty four years so i had the first twenty years were quiet and ok that's the last ten years. it's very very busy in the city putting call it still doesn't know what's happening with his new ground he's taking the city to court saying they passed the ban unannounced when he'd already signed a long term lease and where do you draw the line about what exactly is a tourist chopper that might be up to the judge. now it's official prince
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charles will make an mochel part of the way down the aisle when she ties the knot with prince harry on saturday as father cannot attend for health reasons but thousands of other people well they are already outside windsor castle hoping for a glimpse of the couple now it's not just a big day for the royal family analysts say it'll provide a big boost to the british economy. the wedding isn't until saturday but many have been camping here since mid week. and i'm not more than a way to port the toilets this is where. church bells won't be the only bells ringing on saturday though cash registers will also be charming in tourism and retail businesses are the most likely to benefit from prince harry and make an markel speak day we have special commemorative they can fly in really popular in the school. parties for street parties and really
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popular. shopping bags. with a special jumper. to boost to trade is expected to be sustained over the next four months royal wedding fever is said to raise u.k. retail sales by an estimated one hundred ninety five million pounds equivalent to two hundred twenty three million euros or around point two percent. pubs have been given special permission to stay open until one am on the waiting eve and on the wedding day as well. the british beer and pub is so ca sion says the extended trading hours could deliver an extra ten million pounds over the bar one wins a brewery has made sure they'll cash in on the event and crafted a limited edition royal wedding beer we've been a brewery here for eight years. we were barely
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a year old when will and kate got married and we recognize the tradition of british brewer and we should do a commemorative be around the wedding we call that they went off. and it was so successful that way that. years later when there's his brother getting married and particular that wedding is here in windsor it's natural that we should be allowed as well. retail analysts predict that the trade surge will full fall short of that which followed the last royal wedding thanks to lower consumer confidence but the british and royals watches from around the world won't worry about that until the party's over. and the policy will be continuing hey on day w. be sure to tune in special coverage all of the big day business program on how the facts is that your company and so you see.
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