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tv   Business - News  Deutsche Welle  June 10, 2018 7:02am-7:16am CEST

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on friday the world's leading industrialized countries began a g. seven summit in the canadian province of quebec. trade disputes are in the spotlight after washington announced pyrrhus on steel and aluminum imports u.s. president donald trump's move has drawn sharp criticism from longtime allies many are now calling it a g six plus one summit instead of a g. seven summit. on wednesday the european union said it would launch retaliatory measures on july first american goods worth some three point four billion dollars are affected from agricultural products to steel to bourbon whiskey to. mexico has already imposed tariffs on u.s.
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goods and earlier this week canada announced it would also retaliate the escalating dispute has unsettled many companies including german agricultural machinery producer close it depends heavily on exports and is now worried about its future. i'd sniff it but i didn't the one as a company with a high percentage of exports we can see that additional customs duties will make our products more expensive abroad and that means demand will decrease and we will produce less the result is a threat to our sales because the fence just owns outs but the water is the company's biggest market outside europe is the u.s. duties on farm machinery aren't currently being discussed but the global trade disputes and the threat of sanctions are unsettling to executives here klaus is staying away from the iranian market even though pent up demand for farm machinery there is an enormous the company doesn't want any problems with us at. there were
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these who have reimposed thing sions on tehran washington is threatening to punish those doing business with iran. and the us this. is in business with iran has always been volatile and the embargo won't improve things now and kompany we face the challenge of deciding whether we want problems with the americans or if we want to just get on with our business. this combine harvester has only a short journey to northern germany so no political conflicts to worry about but causes domestic market is still small the company's jobs depend first and foremost on global trade. it took almost two years but it's finally done germany pharmaceutical giant buyer has acquired u.s. seed producer monsanto for sixty three billion dollars. with its purchase buyer
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becomes the world's largest agro chemical company. that now has more than thirty percent of the global market that's just ahead of the chinese swiss firm cina syngenta they're followed by the u.s. group dow dupont with seventeen and a half percent. vs f controls more than thirteen percent of the global market in other words just for corporate entities will determine the direction of global agriculture and the nutrition of humanity this while the world population grows to ten billion people by twenty fifty according to current estimates since farmland is an increasing these farmers will have to find new strategies to increase agricultural production that explains why the agro chemical industry is widely seen as a growth market. in german auto parts maker accounting antis says the. new e.u.
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data protection rules could cause it to accidentally freight the law it's banned what's out and snap chat on thirty six thousand company owned mobile phones used by its employees cutting antis management things the two up supposed big risk mostly because they store user data on their own servers. the turkish central bank has raised interest rates to seventeen point seven five percent the move is aimed at propping up the lira and putting a lid on galloping inflation. many investors have been pulling their assets out of turkey amid political turbulence president richard sipe heir to one announced his intention to exert more control over economic policy if he wins this month's presidential election. german industry is beginning to slowdown in april orders for industrial products dropped by two and a half percent from the previous month it was the fourth consecutive monthly
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decline the biggest drop was in domestic waters but current international trade disputes have also weighed on business sentiment. new york city's chief medical examiner has ruled the death of american designer kate spade a suicide spade co-founded her namesake label kate spade new york in one nine hundred ninety three expanded from colorful handbags to other fashion accessories she later sold her stake in the business spades husband said the fifty five year old was suffering from depression. just south of the vietnamese capital one noyo the one scenic feature of howard locke is choking under the plastic onslaught officials there are struggling to keep up with the deluge that washes up with every high tide at this tree lined former paradise there are no seems to be more plastic than sand. or that. they put everything in
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a plastic bag if they're preserving shrimp or preserving fish they put it in a plastic bag when they finish they just throw the bags into the ocean the trash floats to wherever the sea level rises and then they know this is a study by the university of georgia and the u.s. says vietnam is the world's fourth largest marine plastic polluter recently in thailand veterinarians fought for days to save a beached whale when their efforts failed an autopsy revealed eighty pieces of plastic waste weighing a total of eight kilograms in its stomach thailand consumes a phenomenal amount of plastic from street vendors selling sati to shop clerks putting purchases into multiple bags they've become a part of everyday life. thinking god knows that what i need to use plastic bags because i usually don't have a bag on me. yet right. now but if it's
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a small item. i usually don't need a plastic bag. of the things i. authorities say bangkok's ten million residents go through about eighty million plastic bags a day environmentalists are calling for action as the end of a ball and as ian says the problem needs to be addressed but there's no action plan that will actually decrease the use of plastic. the problem is growing and like in vietnam much of the waste and it's up on the country speeches. this villa once owned by a high ranking military official was confiscated by nigeria's economic and financial crimes commission that the f.c.c. authorities have also mark many homes throughout the capital budget they do so when there are suspicions about the origins of the money used to buy them. as soon as he
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took office nigerian president move from arguably hari said he would return stolen money into the country's cash strapped coffers even money taken out of the country illegally. unfortunately our experience has been little over the protrusion of corrupt proceeds in very tedious. time close . closely and it is just the size. this should not to be the case. nigeria is currently negotiating with washington for the return of a half billion dollars worth of stolen state assets seized in the u.s. . after long discussions switzerland agreed to transfer three hundred twenty two million dollars back to nigeria and april. civil society groups praise the two governments for agreeing to use the funds to fight poverty and. that hasn't always
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been the case. improve on this i formation that we can put in public domain but let you keep it secret so yes i want to get that out of the suspicion is that the government is not completely open about it there's definitely more information i can disclose that is yet to be disclosed in town so exactly how much of the in the quest is the how much is we act and. how to be used to be used. the nigerian government has been slow to release details . its figures show authorities recovered a total of two point nine billion dollars worth of embezzled assets between may two thousand and fifteen and october twenty seventh teen. most of it was still in nigeria. it's time to celebrate the growers in bulgaria as rose valley had worked hard over
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the past month every day at dawn they start to holland sacks of rose blossoms that will later be pressed for oil. roses have been cultivated in this region of central bulgaria for nearly two hundred years the oils are world renowned the livelihoods of the small scale growers and oil producers are into woven with the fate. at the flower here also they give us nothing upon the roses are the main source of income here in our region and it's very important for everyone that there's an elbow gary in saying one day provides enough for the whole year there are a whole families that live from growing roses. but the industry is a prickly one locals fear that climate change will make harvests unpredictable and could affect quality currently however crops are booming yields have risen twenty two percent in the past two years according to the country's ministry of agriculture that's also a problem prices are going down as
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a result putting pressure on small scale growers many lack fixed price contracts with rose oil producers and they have laborers to pay stakeholders now say the industry needs tighter controls to protect growers from volatility and to ensure quality. know when they may there needs to be control and regulation on every level in our production starting from the plants the material the picking process and choosing the flowers to finely the qualification and export of bulgarian rose oil. is north of the well with with all of them a flaw. both gary is government is now working on just such a plan supporters hope it can stabilize the industry and ensure there are enough roses for future celebrations.
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how the germans came together in one nation from their money to chancellor all too often bismarck. the history of the germans has been shaped like glue. lerner's. nice well always to bring my loyal power to that to protect christendom and spread find truth. if he plays well to focus. all we took for bad behavior enemy in taco bell labs. and stand up for our courageous decisions based above them alcohols us we chose your master researcher seems the crown of our room from god but not from his her sumptuous circle. his whole class stuck on him her feet tomorrow we will have defeated the enemy all will never see one another again but. we must peace.
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the germans have really gone to. a school exercise book filled with stories of war atrocities written by brave people who want justice a flick of. the now this picture was taken in dong. the photo was shot me to prove what's going on in the central african republic. it's in an exercise book alongside many other favorites of people who were abused or raped of women and girls who gave birth to one wanted children out of that number in addition to four that. africa deal with winning documentary starting june fourteenth on d w.

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