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tv   Business - News  Deutsche Welle  June 14, 2018 3:15pm-3:31pm CEST

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one for each victim of the blaze. last night buildings across london were in human nature isn't green the color adopted by victims' families to ana winds. you're watching t.v. news coming up ahead. we'll have the business headlines things that do stay with us if you catch. him and with. any time any place.
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video. we have the benefit of. songs to sing along to. see just a combo from soup. to the. aberrant causes into the exercises are you talking about that when you don't come. on facebook in the store. and german for free when the devaney. the e.c.b. says it is two thirty billion euros a month program by the end of this year and leave interest rates unchanged probably through summer twenty nineteen. to hand over one billion euros to german authorities for the emissions cheating scandal is the worst
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for you. largest carmaker. and with the world cup just hours away we'll take a look at the rising prices for travel and accommodation in russia. it's time for business on d.w. and how you know to get us into the program we'd start with the decision of the european central bank that has just announced to leave the key interest rate for the euro zone unchanged it will keep rates on historic lows of zero percent at least through next summer but it has also have it spawned buying program and said it will end it altogether in december after the financial crisis the e.c.v. had started to buy eurozone members government bonds to the tune of thirty billion euros per month to stimulate growth since twenty five and fifteen month after month the e.c.v. has spent a total of two point four trillion euros on the program with the bond purchases that eusebius balance sheet has now swollen to over eleven trillion euros that's
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about forty percent of economic output for the entire eurozone and soon after the decision was announced easy president mario draghi detailed the strategy the bank will follow as the bronze down the bond program. continue to make that purchase on the p.p. that the current monthly piece of thirty million euro will until the end of september two thousand and eighteen. anticipate that after september two thousand and eighteen subject to being coming in data confirming our medium term inflation outlook we will reduce the monthly piece of the net our spiritual sins to fifteen million euros until the end of december two thousand and eighteen and then and purchase. and of course we will follow the story and
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its consequences for you and to corporate news now on fox has agreed to pay a one billion euro fine as a direct consequence of the it will get the carmaker accepted an order by german prosecutors the first such order coming from germany while the fine will say fox on one battle in the courts there are still several more in and outside of germany. v.w. is reeling after being slapped with another billion euros in penalties on top of those that the company must pay in the u.s. as a result of the emissions cheating scandal around eleven million vehicles worldwide were involved said it would not appeal today's decision saying in a statement. by doing so admit to its responsibility for the diesel crisis and considers this as a further may just step towards the latter being overcome. lower saxony state
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attorney says the fine must be paid within six weeks the decision doesn't affect the civil suits against the carmaker including those brought by people who purchased the company's cars the criminal investigations into forty nine people connected with the scandal continue in the city of by. going back to our top story of the european central bank's latest decisions we're going to cross over to frankfurt now where our correspondent has been following the story and mario druggist works very closely so now it's good to see you now see it really seems like the time of cheap money are coming to an end in the euro zone how is that playing down the markets. you know their reactions have been quite mixed but you can probably see the docs behind me now that's been the most markets of those reactions indicating that investors at least here are happy they've broadly they've gone what they've brought the expected in terms of
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a signal from drag on the future of the interest rates and the asset purchase program that's also worth noting that the e.c.b. managed to strike a compromise here they had to announce a plan today or at least soon if they're supposed to wind up asset purchases by december as per the market expectation on the other hand the risks to the eurozone economy like say the italian banks and the threat of a global of a global trade war still exist and the e.c.b. has managed to close about divergence by by some clever wording and said that's it until tapering off the asset purchase program by september so that leaves the door open leaves both dogs and hawks have the and in contrast to stocks we could see that the euro actually sunk against the dollar indicating that this cautious note has been noted by investors to. the preferred stock exchange thank you very much the various reactions. germany is association of women entrepreneurs also called the v.d.u.
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has been supporting female bosses and women in the business world for more than sixty years the group promotes female entrepreneurship and lobbies for better conditions for business women at the moment the v.d.u. represents more than one thousand eight hundred mainly medium sized firms that are led by women in areas such as manufacturing and crafts trade and the service sector together with their companies these women generate eighty five billion euros in sales and employ about five hundred thousand people in the u.s. o.c. asian members are in hamburg for their annual get together on the agenda expanding international opportunities and strengthening networks to raise the profile of female lead businesses. and our correspondent is at the conference in hamburg covering it for us tio hi it's really nice to see you know let's start with the topic of the conference on the focus because of course it's a very complex problem the gap between male and female entrepreneurs and how it can
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be close i'm sure you've heard many ideas what is the conference focusing on. yes as you said the problems are many fold but what they're actually focusing on right now is supply a diversity that actually just means getting big buyers to buy at female owned businesses so for example if you are a hotel chain or a restaurant chain that means buying more from female and wineries or she male and bakeries the problem is that women are very on to represented in this field and that's why it's important to push and empower and get bigger by is to buy at smaller women and businesses that's a very good idea as it sounds to just empower the business is that by women but it's probably easier said than done how widely spread is this concept of supply chain diversity. well it depends the way you look at the. in the world in the u.s. it's quite widespread actually the entire concept is quite far developed big multinational
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companies big names are participating in it and it's also a big deal for this year's are but in germany not so much usually here the big buyers concentrate on the prices and not really does the diversity of their suppliers so that's why they're doing this and they're putting the spotlight on the topic here in germany now let's talk about concrete measures we know that they want to put businesses led by women forefront but how have you heard any concrete ideas on how to achieve this. yes there is one partner also of the association here which is called we connect international and there are huge platform and networking platform and they basically connect local business owners all around the world actually with global multinational companies big names such as i.b.m. apple killed and so if there's a small business for example in mexico that would like to supply bigger
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multinationals they provide that connection so there's a very concrete platform there and they have been active all around the world. thank you very much the answer from hamburg yes our women business russian news agency tass expects one and a half million fans will visit the world cup which is starting pretty much right now spending a total of two billion dollars during their state the tournament is being hosted by eleven cities across russia but for thousands of fans travel and sleep there is expected to come at a pretty. world cup fans are already adding a party atmosphere to the streets of russian host cities. and. for many it's the trip of a lifetime and they fork out enormous sums of money just to be here but for some costs are likely to blow out the russian government regulates hotel prices but that doesn't mean they have to let their rooms go cheap. was this one using its
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experience of such elan pick games russia was able to regulate the prices for hotels in each region the price depends on how many stars the hotel has. many hotels like the three star slav younker hotel in moscow will take advantage of the price regulations despite the authorities saying they've already find more than five hundred hotels for over inflating prices moscow's five star hotels are charging up to eight thousand five hundred u.s. dollars a night that's more than the average annual salary in russia. many fans will have books train tickets in advance but train journeys between venues can last up to forty two hours for some flying might be the only option according to research by the b.c. group a leading russian business media outlet flight ticket prices have gone up over two hundred percent to some world cup destinations. have there. and
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speaking of flights airplane engine maker rolls royce is cutting four thousand six hundred jobs as part of a restructuring program most of the losses will be in the united kingdom the british company is facing problems with reports of faults in its engines grounding flights rolls royce employs fifty five thousand people around the world you know only half of whom are based in the u.k. the cuts are part of a we year plan to simplify the business and save around four hundred fifty million euros a year. so that's all for this edition of business remember you can stay up to date with the latest business news just log on to our website at d w dot com soon the upcoming shows whatever you want to twitter and social media you next time if i. was.
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looking. woman. hadn't seen the cameras leave the freedom of speech in washington but there are many i'm crying tears of joy or at least the hours mind i'm human rights activists i believe days there are more than i do to receive training on one speech a morning that global media forum the d.w.
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honors the political scientists for his courageous criticism of the iranian government. wants to go to. war. or. dogma. their record images travel around the globe just social media. what is fluid and a fiction and what is fact. digital investigators combing through the flood of images and they combine sources trying to reconstruct what happened to the man to substantiate claims of crimes spanx that this video recording of a soldier who shot the young man is on trial now. for forensics between bits and bytes the idea of it. i think again.
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evidence. is of this chance a because justice is about the truth. truth detectives starts june thirtieth on g.w. . political scientists sadegh zibakalam is this year's recipient of freedom of speech award is a book alarm is well known in iran for challenging the government he's facing a jail sentence for speaking out against the political situation in his home country. with its freedom of speech award of eleanor's people who stand up for freedom of expression and human rights around the world. here are some of the highlights of the award ceremony in bonn.

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