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tv   Business - News  Deutsche Welle  July 29, 2018 7:02am-7:15am CEST

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on the brink of a trade war u.s. president donald trump and european commission president john claude young said they want to trade agreement until that's in 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 a really great thing for our farmers before trump and younker appeared before the press on wednesday business groups and members of trump's a republican party urged the president to avoid a trade war with success but it's
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a deal at the expense of others however trade flows will be rerouted meaning less purchase from china brazil or african countries that spot discussion at a doubly 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 thus a single tweet could up and that all these 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 in johannesburg the nations of brazil russia india china and south africa contain forty one percent of the world's population arms they account for nearly
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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 the hundred prints in clay together a symbol of acting for the good of all nations that's the message of that declaration denouncing customs g.t.s. isolation and protectionism and promoting an open world economy he like troll trading regime promote trade and investment globalization and facilitation and reject protectionism outright. this statement from china's head of state was met with 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 as stuff went on strike in several european
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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 first straight of passengers and the mosquitoes that's a minus we thought everyone who's flight was cancelled had been informed we never thought they'd tell us how often our before we were supposed to fly. in england i was like i said a little boy they counseled our flight to pisa we found out in the taxi have actually us a lot of work. ryanair 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 company management failed to find common ground with the union representatives. their store owner brian as 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 osca alice has been
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trying for brian after six years but despite the loyalty when he's sick he says he's on his own. going to do it i got that if i get treatment i have a. i have to foot the bill myself and hope that the irish insurance system place or back a little bit of a blow that we also can't get loans for help so carl because we earn our income abroad which are going to start coming up in foreign banks won't give loans in spain or italy. they're not backing down yet more strike action is planned for august as the dispute continues. folks falcon subsidiary l.t. is getting a new c.e.o. again from competitor b.m.w. 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.
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rupert startler 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 pound for opel includes shutting a fifth of its former eighteen thousand start off. google's parent 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 rise twenty four percent but the record mt trust fund from the e.u. is set to cost the internet giant billions european regulators accuse google of
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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 towards pakistan's infrastructure into the china pakistan economic corridor the project as part of beijing's plan to create a new silk road trade treat. the key factor is access to the indian ocean to china that means pakistani ports beijing plans to invest around sixty billion dollars building roads and railways modernizing power plants and establishing special economic zones. the deep sea port of call at one end of the economic kori dollar is now on a forty year lease to china. the details on the
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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 their investments will translate into new jobs and economic growth while those dividends may take time to materialise each new installment from china does mean you. financial obligations and there are in some quarters that pakistan could in the long term be undermining it since the for entity. the venezuelan government is planning to slash five zeros from its currency a new bank notes will be issued but they're just 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
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paper that million as but those million as worth next to nothing. though the president promised four million two hundred believe us but they're not paying us off or pensions they're only paying us two million which isn't even after half a carton of eggs that way with 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's energy company called pauillac workers that have gone on indefinite strike. my pred not even in my position out of the so many years working for the company if we can't even buy my daughter an ice cream to give her a bit of joy while i want a full day. management and corruption have driven the downward spiral the country desperately needs foreign aid but the venezuelan government won't allow
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humanitarian aid workers into the country. these are sections of decommissioned turbines a two wind park in northern germany. a group of local environmentalists sometimes find too much of the basis still in the ground but 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 fibers burning them isn't a viable disposal option i still do you dream that they give off a ducks to a toxic gases 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 philips has been. branded indian food that's why incinerate is won't accept them all they charge exorbitant prices. of the thirty
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thousand turbines in germany a very large number of due 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 comp as a company that recycles modern composite materials and there are plenty of them about classified to reinforce plastic used in bright as many other products but it's not easy to separate these materials back out. and you can go back to when you've back to kate and there's no technology in the world that lets you separate it but on to eggs baking powder flour milk the image sealing up most of these materials g.r.p. and c our parents of the constituent parts are so tightly bound together they can't really be separated since of all the dust. nish to move to ten could. the company has developed a procedure to tackle a problem it shreds the material the resulting stuff is nice and easy to handle and
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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. of the bell so a lot of disuse rotors could well turn up in the cement in the foundations of the next generation of wind turbines. and that was all we can review. and moving on beethoven. his work that god is for trying out.
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the maestro and feed. the children finished product twenty team. time for an upgrade to. our furniture that grows all buying. a house with no roof. or design highlights you can make yourself. friends tips and tricks that will turn your home and special. upgrade yourself with d w's interior design channel on your child. house if you don't know. where i come from that all of that could just go it's just like with chinese for it doesn't matter where i am born. this reminds me of home after dictates of living in germany chinese food is one of the things i miss the most about taking
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a step back i see six hundred to different terminologies many of fluids first as american nations that exist as a part of the world and haven't been implemented in china that's due to chinese people wondering if their forties a lot of people have a right to another that is this is the job of just under the law how i see it and does this why my job because i tried to do exactly this every day by name of the uninsured and i work at g.w. .

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