tv Business - News Deutsche Welle July 29, 2018 3:02am-3:16am CEST
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on the brink of a trade war u.s. president donald trump and european commission president john claudio said they want to trade agreement. until that same place they'll hold off on imposing new tariffs on each other comes the threaten to tease on european car imports are probably off the table for the time being europe has also agreed to buy more liquefied natural gas and soybeans from the u.s. the latter being important for american farmers. u.s. president donald trump celebrated his latest trade deal in the farm state of iowa. i mean basically we opened up europe and that's going to be a great thing for europe and it's really going to be a great thing for us and it's going to be
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a really great thing for our farmers before trump and younker appeared before the press on wednesday business groups and members of trump's iron republican party urge the president to avoid a trade war with success but it's a deal at the expense of others however trade flows will be rerouted meaning less purchased from china brazil or african countries that spot discussion of the w.t.r. meeting on thursday evening the u.s. representative had a few things to explain to his chinese counterpart for now it seems economic peace has broken out between the e.u. and us but the single tweet could up and ditto the steps is a stock to system given the loss of trust over the past few months maybe even is we really hope that the agreement from yesterday will be adhered to. it's a chance for europe to catch its breath but the insecurity remains. amid the trade conflict the leaders of the brics nations have met for their summit
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in johannesburg the nations of brazil russia india china and south africa contain forty one percent of the world's population they account for nearly a quarter of the world's g.d.p. in the face of the u.s. government's trade policies these nations have signed a joint declaration that stresses the importance of well trade you know. the leaders immortalized that one prince and clay together a symbol of acting for the good of all nations that's the message of that declaration denouncing customs duties isolation and protectionism and promoting an open world economy there was a miracle. we must work together at the united nations the g twenty and the world trade organization to safeguard the rule based multilateral trading regime promote trade and investment globalization and facilitation and reject protectionism outright. this statement from china's head of state was met with
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a loss of approval but at the same time china itself has been accused of closing off its market to foreign goods it's known for copying products promoting its exports and giving preference to domestic companies when awarding contracts. on wednesday and thursday brian asked stuff went on strike in several european countries to coincide with the summer holidays the airline has been forced to cancel around six hundred flights affecting tens of thousands of passengers ryan i was hoping to avoid the scenes of frustrated passengers in the most cape coast as a minor we thought everyone who's flight was cancelled had been informed we never thought they tell us half an hour before we were supposed to fly. in england i know our son has had a little boy they counseled off like to pisa we found out in the taxi had actually a sea level. rise and i had tried to limit the disruption caused by the company pre-strike it even pressured many of its employees to cross the picket lines but
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company management failed to find common ground with the union representatives. their store owner brian is a textbook example of what you shouldn't be at work relations union relations all management style they abuse that because they humiliate them and you get out of. the strikes are centered on working conditions rather the money. has been trying for brian after six years but despite the loyalty when he sick he says he's on his own chemicals are going to do a lot of that if i get treatment have i have to foot the bill myself and hope that the irish insurance system pace and back a little bit of a brawl that we also can't get loans for our house or car because we own our income abroad. i don't mean that in foreign banks won't give loans in spain or italy all of given the. stock market they're not backing down yet more strike action is planned for august as the dispute continues. volkswagen subsidiary l.t. is getting a new c.e.o. again from competitive b.m.w.
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the current v.w. c.e.o. habit days also from b.m.w. is the one who suggested mark was too small for the top position according to media reports due sman until now b.m.w. is head of purchasing will become the new c.e.o. al day the former c.e.o. reproached outlet was jailed in mid july for his role in the ongoing diesel scandal investigation state prosecutors are investigating a total of twenty active and former county employees. french car producer p.s. a german car brand opel from general motors last year now the acquisition is starting to pay off. during the first half of twenty eighteen opel returned to the block after almost twenty years of losses with profits of more than five hundred million euros. p.s.a. is restructuring plan for opel include shutting a fifth of its former eighteen thousand staff. google's parent
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company alfabet has reported impressive second quarter earnings they trends to preface testament's boosted by strong growth and its advertising business. google ad revenues rose twenty four percent but the record earned he trust fund from the e.u. is set to cost the internet giant billions european regulators accuse people of forcing my pal device makers to take its products when using android operating system alphabet says it will appeal. just three weeks ago china learned pakistan another one billion u.s. dollars a substantial part of the funds will go to. pakistan's infrastructure into the china pakistan economic corridor or the project is part of beijing's plan to create a new silk road trade treaty. the key factor is access to the indian ocean to china that means pakistani ports beijing plans to invest around
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sixty billion dollars building roads and railways modernizing power plants and establishing special economic zones. the deep sea port of quad at one end of the economic kori dollar is now on a forty year lease to china. the details on the precise terms of the project remain unknown but china will benefit from the new shorter maritime route to africa western asia and europe pakistan is hoping the investments will translate into new jobs and economic growth while those dividends may take time to materialise each new installment from china does mean new financial obligations and there are in some quarters that pakistan could in the long term be undermining its own suffer in the take. the venezuelan government is planning to slash five zeros from its currency a new bank notes will be issued but that's just
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a cosmetic improvement they can't do much to reverse the rapid inflation the country with the biggest oil reserves in the world is burke. the capital city caracas is going hungry conditions are already bad and it's supposed to be worse in the countryside retirees a taking to the streets to demonstrate they can't live off the state pension on paper that million as but there is million as a worth next to nothing. though the president promised four million two hundred believe us but they're not paying us off or pension and they're only paying us two million which isn't even a for half a carton of eggs that way. the international monetary fund. has made a prediction that venezuela will reach a million percent inflation by the end of the year. the economic collapse affects all walks of life even state employees who work for the state energy company call pauillac workers that have gone on indefinite strike. going up only going home to
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my bread at that point even in my position not to so many years working at the company because i can't even buy my tools for an ice cream to pay for bits of joy welcome to fill a day or you accomplish it i'm a home program allowable going up while. management and corruption have driven the downward spiral the country desperately needs foreign aid but the venezuelan government won't allow humanitarian aid workers into the country. these are sections of decommissioned turbines the two wind park in northern germany . a group of local environmentalists sometimes find too much of the place is still in the ground they want the whole thing to be removed. the concrete bases can be crushed and used in road construction but the rotor blades contain glass and carbon fiber as burning them isn't a viable disposal option i still. dream that they give off. dances
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and it's difficult to dispose of them until the dust clogs the filters for starters and indeed if the fibers conduct electricity they cause short circuit some fires in the fill it has done you push legal impended indian food that's why incinerators won't accept them all they charge exorbitant prices. of the thirty thousand turbines in germany a very large number it used to be decommissioned over the next few years and replaced by larger units environmentally friendly disposal methods need to be developed before the wave of demolition gets underway near camp as a company that recycles modern composite materials and there are plenty of them about. classify the reinforced plastic he used to bring to the many other products but it's not easy to separate these materials back out. into cool when you've bike to cake on there's no technology in the world that lets you separate it into eggs baking powder flour and milk. will diminish the same applies to these materials
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g.r.p. and see all. the constituent parts so so tightly bound together they can't really be separated since all of all that she does least from five to ten could. the company has developed a procedure to tackle a problem it shreds the material the resulting stuff is long since easy to handle and while it can be banned as a substitute for fossil fuels in the manufacture of cement it can also be mixed with paper production residue and turned into granular at that granular it can be used as a component of cement as a substitute for sound. so a lot of tissues rotas could well turn up in the cement in the foundations of the next generation of wind turbines. and that was all we can review.
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