tv Business - News Deutsche Welle July 19, 2018 1:15pm-1:31pm CEST
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of the u.s. economy as november's mid-term elections come up they're hoping that the scandal surrounding this summit will blow over quickly but trump supporters here never thought it was a problem to begin with they don't think putin is taking him for a ride. that's a new draft of don't go too far coming up with the business and just want to talk minutes. we speak different languages we fight for different things that's fine but we all stick up for freedom freedom of speech and freedom of press. giving freedom of choice global news that matters. made for mines. every journey begins with the first step and every language but the first word emerged from the coaxing germany. why
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not learn. its simple online on your mobile and free. d.w.b. you learning course. german made easy. temporary quote steel imports have been introduced by the you know makers fear that u.s. terrorists would encourage major producers like china to send their steel to you instead. coming from the last company making church balance in all great. i'll come to your business news update on funny for char in the european union has
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introduced temporary steel imports. that u.s. terrorists would encourage major producers like china to send their steel should be . leading to a search that could destabilize the entire industry and its. current the a glut of global markets probably due to chinese overproduction china makes almost as much crude steel as the rest of the world combined to quote place for a maximum of two hundred day. let's get more on the story from our very own correspondent. good morning to you these tariffs aimed at all countries to cultural. influence but some countries will be hit hard to tell us why. you know these go does interest of cause aimed at the main producers for jobs china south korea russia. also ukraine in the case of the european union they are not
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close allies like norway liechtenstein and iceland which are very close attention to the european union and there are some of the. developing countries that are also exporting steel products to the european union these are exempt as has the european union so that they will not be harmed it's maybe aiming at the edge of china actually. which is not producing most of the city for you. and i china the big producer said this is just the beginning as if the matches announced a pot of eight three level it responds so what else can we expect from the european commission. well this step today is actually the last measure of a bundle of measures that have been already taken first of all of course they are counted terrors for american steel products now it plays for the european markets american importers also have to pay twenty five percent tariffs and some remedies taken it to. do you know that two to punish american
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producers like makers of motorcycles jeans and whiskey and this is a countermeasure allowed under the rules of the w.t. you and of course the european union has also filed complaints with the boat trade organization to sue the united states because the using all these terror of war is illegal ben draycott thank you so much for your analysis from brussels. italy's tough stance on migration is especially fall into north of the country embarrass them all for example it's a stronghold of laika the party known force and time migration rough reich still we follow some small business owners with migrant backgrounds who are actually thriving here is more. francesco rue is meeting a client who's looking to market his equipment in asia.
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he needs help woohoo was born in china his family moved to milan when he was eight years old but that doesn't stop people from making assumptions about him. so no doubt i mean engineer i studied in milan i've spoken to talian for more than twenty years but when i meet people they always perceive me first as chinese then as an engineer like. northern italy which has a robust economy is also home to the far right party called the league zina phobic party has a large presence in the area smaller towns francesco wu is all too aware of their views who is also a restauranteur when he moved to a milan suburb his looks became an issue. in the beginning italian customers would come in they'd see my italian staff but when they realized the management was chinese i think that made it really hard at first that it took
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him four years to overcome the doubts and develop a devoted clientele it's a similar story in bag imo a popular tourist destination and another league stronghold. and i'm happy to take runs the only african restaurant here that makes some rather exotic although he and his wife haven't had to deal with open discrimination things aren't exactly ideal for them. listen to asian here is in d.c. we would most likely have more than one restaurant in other cities but when customers show up i can see they're suspicious the people from this region are skeptical unlike guests from roman who are more used to the african cuisine still and i met his wife have also developed a regular clientele and feel more or less at home and back imo although wary about the new populist government he tries to remain optimistic it but it's found. it's
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just too early to judge the new government. but it's clear there's a real risk of things getting more difficult in all areas. into the city. on the streets of baghdad many italians support the government's tough stance on immigration now they want to see the same approach with the economy. all right in some ways a positive story for these two small businesses but what about institutional in fastow's also the country let's bring in out for academics and find a professor at the sacred taught you know is it indexable thank you very much for joining us so what does the new government in role really mean for foreign investor . i don't think not too much you know italy hasn't the typical immigration country. depressing each of his leading positions in universities or in companies is fairly small or you
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have a little internal migration from the south of the north and therefore i think in the face of learning and let's face it. the country has problems with the refugees it's landing on the southern shores of europe and the air force for them it is a problem of what to do with these people particularly in a country where the unemployment rate is over ten percent and bridge is immigrants and in the south the unemployment rate is over thirty percent so let's hope this thing and the deal gets in the treaty to particularly well and let's look at the population rebels and say what should we do all of these people and this is an unfair distribution zero. percent of them and.
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you have now a political party that always has its north and leak was against the south and now it's against the good prince. and it is in a way a political movement there tries to. votes for their position what is driving me for foreign investors i think it's marching. now how important you say for marcelo but then again of course when it comes to foreign investment in a country like italy it is something that's quite crucial just how important is it . well it is if you have so many other programs if you leave for forty this is. things that would look first at for instance you wouldn't have been based in the south for obvious reasons. no neither north italia and firms no foreigners would invest in the south in
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a major way second you have a government that is difficult to separate. don't invest their own state searching about the rules of the game about what the tax is. you have a problem with their labor laws. so much protection all east of this sexual problem for investors is such time. they have to wrap it up there thank you very very much for your analysis. ok thanks. i apologize for the call glitches and that interview now tough times in greece's economy but put huge pressure on small businesses after years of crisis many firms collapse but one traditional familiar family run company found the way to bowl survive and thrive ringing out plenty of new orders that's not quite literally he has no. gallon opulence family has been
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making bells for over two hundred years the last remaining bell making business in greece is run by christophe and thomas now in their fifty's when the financial crisis struck the two brothers refused to give up a trade that their forefathers began in the eighteen hundreds. making bells is labor intensive and time consuming and then output plunged by sixty percent in the wake of the financial crisis alongside a fall in church donations but the brothers refused to shut down instead they focused on exporting their bespoke chimes. there's a moral satisfaction that comes with continuing something your grandfather did your great grandfather your great great grandfather it's quite significant you know. no more than half the gallon of production is ringing out in countries like australia africa and the us. christophe's and thomas sons will continue the
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business much to the relief of their fathers who feared it would end with them. there was no way i was going to let all my fathers and uncles efforts in building all of this be lost and secondly as a trader i love it i like it i find it enjoyable. that will be music to the ears of the local priest who swears by gone up the last bells he likens them to the call of god. and that's a business update thanks for watching.
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into the conflict zone. so is the drug trade shows corruption i guess is the human capital but that's all the outgoing president. has exploded with nobel peace prize have been trained back to the americas most just like me soldiers are. does he deserve. in sixty minutes. did brown really love hitler. or did she love the life he provided for her. she was the dictator's mistress. only an insignificant concert at his side.
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or pursuing her own ambitions. but certain. other women got some close to. life and death with the few. starts july twenty first on. a low and a very warm welcome indeed to focus on europe with me peter craven and congratulations and you to france for their impressive victory at the soccer world cup in russia beating croatia four two in the final there were ecstatic scenes when the plaza arrived back in paris this is of course the second time that the he keep trico law has won the most coveted prize in world soccer.
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