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tv   Business - News  Deutsche Welle  June 24, 2018 1:15am-1:30am CEST

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people believe that change is indeed possible that mr allen is not invincible i was corresponding you were there hon and ankara it was indeed have you news more coming up at the top of the hour never get in get all the latest news on our website d w dot com. or in berlin thanks for watching. earth. or saving googling to just tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions by global warming to get beaten by a new series of global three thousand on t.w. and on line. thirty five minutes long time in contests and elections in many good they can finance president ready to pay it out on her own power to be
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human and feed him and alter the poor in the country to play the key international we'll tell you what you need to know the reports on live coverage from pete stumble and unger on this week on the dollar your news. at the top shop is in china might not be interested in every twist and turn of the trade dispute between their country and the united states but the trade spat could soon become apparent in the grocery bills these oranges imported from the u.s. are among hundreds of goods beijing has found to tax in response to a fresh set of terrorists from washington. the move makes clear on china's pledge to retaliate after the united states imposed an initial set of tariffs on fifty billion dollars worth of chinese goods on we don't buy more you don't own your
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china does not want to fight a trade war but it is not afraid of one for you and your home we will continue to take effective steps to resolutely defend the country's interests or you and the people's interests of your friends resolutely defend globalization and the multilateral trading regime young for treatment. that defined stance has also been reflected in the attitudes of some residents in hong kong i don't think can win this trade war china china has a really big economy they have other people of a trade with all the u.s. might be one of the. largest countries that they do trade with and most of their exports may go there. but u.s. is also going to suffer from this maybe just as much or even more than china is. suffering on both sides that appears to be the most likely outcome as the battle
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over tariffs threatens to explode into a full blown trade war. not long ago the u.s. was its biggest champion but now it's europe washington to open its markets to free trade e.u. representatives like cecelia monster i'm a rallying against u.s. protectionism. well good morning it could be sort of yet but it could escalate to to to to a full trade war which would be bad for the whole world because we are so new zealanders and european union we are so interlinked in the global economies also in the chinese and in the u.s. with a global value chains so it will affect us as well it would affect our companies it would affect our consumers but while this was malmstrom snus cycles day europe's response to president donald trump's tariffs on european steel and elam in ium the u.s. president has since threatened to impose
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a twenty percent juice he or european cars you trade partners will be key for europe but fears about the effects of tea for tat tariffs have already had an impact for example on the german economy the munich based research group has downgraded its growth forecast for this year from two point six percent to one point eight percent. the c.e.o. rupert studly maintained. knew nothing about the diesel scandal at a shareholders meeting last month everything happened very quickly after that prosecutors searched his home last week then on monday he was arrested in was it over there have been hints that the defendant could try to influence evidence for example the evidence of other defendants all witnesses. group of lawyers accused of knowing about the emissions cheating in europe when the scandal broke in the u.s. but unlike in america he did not order a hole to production thousands of audi's with software issues have made it onto the
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road. star has been at the helm of audi since two thousand and seven within the company there's been criticism of his handling of diesel games out he engines fitted with the emissions cheating software have ended up in other cars in the v.w. family like porsche. which means that once again germany's folks wagon is in damage control. the world's biggest carmaker is losing trust among investors its own work is and motorists. because it makes sense that if someone is found guilty of having done the wrong thing then they have to answer for that. was enough or conversely the office of the shuttle it's not only v.w. and allergy but all of germany in a bad light you are looking straight at least the north audience know for reasons of guns. starred learns the highest level executive at volkswagen to have been arrested since the scandal erupted but he may not be the last for now the
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supervisory board out his parent company volkswagen has appointed head of sales and marketing bram short as interim c.e.o. . google is set to invest five hundred fifty million dollars in chinese online sales giant j.d. dot com making it the latest u.s. company to dive into asia's growing e-commerce boom the deal will c.j.d. dot com products displayed on google shopping service and could help the chinese companies spread beyond southeast asia to markets in europe and the u.s. for google the deal is also an attempt to challenge the dominance of online sales giant amazon. their buses warned it might leave the u.k. for britain leaves the single market and customs union without a transition deal is the european aviation group strongest warning yes over the impact of a no deal breakers that airbus employs about fourteen thousand people
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a twenty five different sites newquay version is due to leave the e.u. on march twenty nine next year. for the second time in over a way kaka's managed to raid a crypto currency exchange in south korea this time the victim was one of the biggest players. exchanged direct to say a series of breaches or hackers make off with thirty one million dollars worth of virtual currencies without specifying which coins were stolen. strikes protests demonstrations in late may tens of thousands of greeks once again hit the streets of athens to campaign against prime minister alexis depresses austerity measures in return for bailout funds the greek government has had to agree to implement a time severe cuts to social benefits and pensions. now though it seems the country may have survived the worst starting this august greece will no longer be on
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financial life support the e.u. and i.m.f. bailout will have seemingly done their work. after eight long years greece will finally be graduating from its financial assistance from greece. spain cyprus in my own country portugal in the ranks of euro area countries that turned around their economies and once again stand on their own feet as greece prepares for the end of its third international bailout there are a few more sweeteners including another fifteen billion euros of credit but a ten year deferral of interest on a large chunk of its debt. to solidarity from the euro area for greece in exchange for the reforms and adjustment is unprecedented it's the biggest solidarity the world has ever seen and who doesn't want to believe in this tale of
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athenian success with so many other problems facing the e.u. . they call it black gold the fray group vanilla pods in madagascar. every year pharmacies produce around fifteen hundred tonnes of bourbon vanilla for export and demand is soaring but severe weather has taken its toll on the harvest driving up the price of the spice. vanilla pods cost less than one hundred dollars per kilogram four years ago but then prices shot up peaking at over six hundred last year the price has dropped slightly since then but it's still much higher than it was before . and those high prices mean others want a piece of the action farmers say thieves will stop at nothing to fear for their crops is driving some farmers to harvest the ponds too early which is bad for
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quality american keefe certainly there is some more in the industry soley for opportunism don't know in the us we live on vanilla it's getting harder and harder to justify it because some people have been cheated they've bought vanilla that was moldy and russian. madagascar depends on its reputation for high quality vanilla cultivation and processing account for one fifth of the country's economic out push the families haven't been benefiting that much it's the middle men who scoop up most of the profits and now the high price means more and more countries are planting vanilla that could bring the price back down again. computer programmers are in high demand in germany these two syrian refugees assumed that meant they would find work easily but getting special took longer than expected a whole year to keep themselves busy the pair developed their own search engine one that cases to the needs of other refugees and new arrivals it's hard to for
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information in. the beginning so that's why we. care about the board this information should be in another language we should provide that maybe in. a few months after coming to germany they discovered rady school a nonprofit organization in berlin that helps refugees risk. their programming skills according to the founder are around a little percent of participants go on to study or get a foothold in germany's job market but she says the demand for courses like this one else trips availability we have mostly been supported by the private industry because they are really looking fight to talent willing to invest but it's been a lot harder to work with the german bureaucracy and i think both sectors have a lot to gain from working with each other really having to stick together both to
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integrate to german refugees but also looking more broadly to truly kishen how we generally. are not is male and don't make enough money to live off their route but they've been working at other firms which means they no longer rely on states a porsche few new arrivals managed to achieve this sort of financial independence. from my point of your in the new comers need some more support in the language sector and also the better for the language circuit or we need the english and also the german for business do we need support for. learning the business plan and also the financial cost. only one intake refugees is able to find work in their first year in germany luckily with their skills and high demand these two software developers have a bright professional future ahead of them.
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americans dying gesture. trumps fierce. country region spoken face the more seconds you run the picture the most people will accept you. it was an awful to. watch really to visual signals play in a politician's fortune's gestures are calm politics and body language. on. your own max this week's highlights. floating sculpture kristos latest park project in london
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a. major make over the italian make up artist who transforms herself into famous celebrities. and hidden havens come visit the gardens tucked away in amsterdam scan all how's. your romance in sixty minutes on d w. assignment a clash of cultures in india. a clash between those who believe in arranged marriage and those who want to marry for love to. accomplish that shaking families and society to the core. of. my father would be angry sometimes i think the way it did.
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commandoes starts july eight g.w. . of the world's leaders in the media spotlight perfectly staged appearances in which scarcely a detail is left to chance. to. be the board every politician knows that the more seconds you on the picture and in the front row the most people.

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