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tv   Business - News  Deutsche Welle  June 27, 2018 3:15pm-3:30pm CEST

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set to exit the european union in nine months on companies on both sides of the tunnel a worry about to trade relations bad for the we'll have that for you as i said i'll be back at the top of the obvious have a good day. gentlemen with delhi any time any place. the news video. we have of the back of the. songs to sing along to download to see is the combo from super love. to
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do a. how dare you to call us is kind of into active exercises writing about that deep down you don't come a slash dungeon and on facebook and the still. jam and so free with the devil you. know. the worst case scenario european leaders say briggs it may end with no deal on the bank of england criticises brussels breaks a plan. a crude business oil prices keep pegging goals up to the u.s. warns other countries against doing business with iran. and on these european may cause a threat to america's national security washington investigates hitting auto imports with high tariffs. i've been fizzling let's do this. this draft e.u.
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summit is set to express concern about a lack of progress over briggs it you've heard it all before what's different is that the u.k. leaves the common market in nine months and there's still no deal the pound falling against the euro this hour the danish prime minister warning there may never be a deal and england's central bank criticising the european union for not revealing a contingency plan in that case for the financial sector demands a clarity a growing from all sides. two years after the original breaks at referendum anti breck's at marches are still happening like this one a few days ago in central london tens of thousands came out to make their voices heard saying bracks it is not at all the done deal as a matter of fact it's far from any deal only some in britain want to gain independence from the e.u. when its common market business does not. airbus has threatened to close its plants
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in the u.k. and cutting thousands of jobs at a reasonable trade agreement with brussels can't be made soon simonson b.m.w. have also been vocal about their concerns not everyone is happy about the pressure from the business community well i just thought it's completely inappropriate for businesses to me to be making these kinds of threats for one very simple reason we are in an absolutely critical moment in the discussions and what that means is that we need to get behind a reason way to deliver the best possible bracks it a clean break so others went even further secretary of state and no one bracks a tear boris johnson allegedly used an expletive saying business at a recent private event expressing little concern for the worries of the corporate community a spokesman later tonight johnson used foul language. now on wednesday british and european business and union representatives put in
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a joint plead to leaders in london and brussels ahead of this week's european union summit they want details and they want them now the statements siamese together represent twenty million employers and forty five million workers. marcus buyer is director general of the lobby group business europe thank you for joining you first of all from the corporate side of things we've heard about b.m.w. z men's now retailer john lois the number of companies publicly speaking out about the threat of briggs it is growing day by day why did they not say something sooner i mean we've known about this for quite a while. but of course the more time is running out the more time is lost and the closer we get to the deadlines of course the more business has to make it clear that we need clarity about what is going to happen and we need time to chast to what will come so therefore and this
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is not only the business community of just the brought that we did together with our friends from the trade unions from both sides of the channel we wanted to make clear that there's absolute because there's only four months left until october and by then we need to have a final deal on the transition agreement and the next agreement because otherwise there will not be enough time to rectify on time and this is why it was important and crucial to speak of forceful in the banks i have to point out were quick to move the airlines as well it's all coming down to licensing of course moving operations or or their headquarters from from the u.k. to continental europe but we're talking about millions more jobs is that message not sinking through to the guys doing the negotiating. well i think it was important to underline that business and workers are preoccupied about the lack of
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progress and that we will. lead to measurable results because as i said i mean the deadline the timeline is is is is very shortly in front of us and we will need time to prepare. and i think it's very important to bring examples of what could happen but the aim is not to have business move from the u.k. to anywhere else the aim would be to keep the positive mood we had last march when we were very close and when there was a political agreement on the trip on the on a status quo like transition. phase with the ucas thing in the single market and in the customs union there was a positive move many companies who already had their finger on the trigger of contingency procedures have postponed it and what we need now is a positive thing of this week and then urgently progress in order to make sure that we have this transition deal done by all done by october and then there's
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a good chance to keep many companies where they are what will the thing is we're not going to get the status quo we haven't got a deal and the prime as prime minister of denmark is now saying there will be no deal. where does that leave us i mean what's going to happen if there is no deal in your opinion. well we need to get the transition done and it's much too early to say we're not get it the reason why we received and why we say it's urgent is that that there is still time but time is running out and the aim is and must still be that we get this is the status quo like transition meaning with the u.k. staying in the single market and in the customs union at least on through the end of twenty twenty done by october and then we can avoid the cliff by next october so try i next year next march soria ok so you reckon we're going to get a transition deal and we're not going to run out of time even though the clock is ticking mothers thank you very much for joining us here on the tele thank you
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oil is rallying right now the benchmark of crude rising above seventy seven dollars a barrel just a few minutes ago this after the state department said that the troubled ministration once all countries to stop imports of the rainy annoyed by november it's the latest move by america to economically isolate iran. if the united states has its way iran's oil industry will be crippled by the end of the year don't trump has called on all countries to stop importing iranian oil from november. should u.s. allies comply the effect will be dramatic oil is iran's most important revenue source and president produces some three point eight million barrels a day. of that the country exports two and a half million barrels the majority goes to china india and turkey but other countries including japan south korea and russia are also among the top twelve export destinations. the u.s.
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delegation is reportedly planning to travel to the middle east next week to urge go producers to secure global off applies after u.s. sanctions are imposed in november. iran's government has promised its people that the country can withstand a revival of sanctions. it's increasingly likely that president donald trump will make good on his promise to impose tariffs on cars built outside the united states he's ordered an investigation into whether car imports is a threat to national security is reasoning for the punitive judy's washington based alliance of automobile manufacturers has calculated the cost for american consumers if a twenty five percent levy is slapped on all automotive imports as you can see the price or as you'll be able to see in a moment the price per car built abroad would rise by almost six thousand dollars you can see why automakers a very concerned about this one the total annual cost to u.s. consumers would theoretically amount of forty five billion dollars let's go over to
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our financial correspondent corp who's following this story for us trump continuing to threaten qatar's let's find out how that's affecting markets daniel what's the mood there. well the mood right now ben is that everybody is here excited about the football game that's going to have but besides that i can tell you. asking about but you know besides that i can tell you that investors here are very warry if at the end this is really going to hurt their car sales numbers we have to remember that germany is very much dependent on export in cars just last year they were selling about four million cars a broad many of them went to the united states and yes there is this fear that the car industry with those potential terrorists could be really hurt and as a result i can tell you that the trading day here was still overshadowed with this potential news to happen but it's not only the auto sector that's putting the
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brakes on the dax today no it's not actually the big problem child on the ship in the x. axis dacha bank today they were actually went to a record low today during the trading day their share was shares were only a traded at a level of about eight euros which is of course nothing for a lender that wants to play a very important international role as well it seems that the lender is still in the crisis mode many institutions have been recommending for some days already investors you know to sell their daughter bank shares and this is i guess the continue to happen in the next days and weeks you go pers in frankfurt thanks you know this is. now here's a nice price but watch out if you join the queues of people buying discounted marijuana in california the reason come sunday strict quality standards will take
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effect on license retailers will only be allowed to sell lab tested products and supply men shops that currently selling all untested stock at bargain basement prices the stress being on old and untested there the risk by its could end up with weed that's full of contaminants california legalize the recreational use of cannabis at the start of this year. mr business with the.
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common. north west claims calling people to britain's biggest cultural event of the year the great exhibition of the north. against a spectacular factor of two english cities host an array of art design and innovation. eighty days of celebrations have already begun in new castle thank you said. the roman next on d w.
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o. time for an upgrade. how about five hundred sure that grows on buying. a house with no. poor design highlights you can make yourself. sense tips and tricks that will turn your home to a special. upgrade yourself with g.w. interior design channel on you tube. clash of cultures in india. a clash between those who believe in the arranged marriage and those who want to marry for love to take it to.
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a clash that's taking families and society to the core. my father will be angry sometimes i think the way they did to. the commandos starts july heat t w. cut. everyone along to another exciting edition of the show i'm your host megan lee from a star in the pop world to a long distance train ride we are covering lots of ground on today's show is.

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