tv Business - News Deutsche Welle July 31, 2018 7:15pm-7:31pm CEST
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and are likely to share. and before i let you go want to remind you of our main headline this hour. your spy satellites are reported to have spotted renewed activity at a north korean missile production site it comes just weeks after leader kim jong un promised to work towards denuclearization of the korean peninsula. i'll be back at the top of the hour and fizzling in south next. on. earth the home or soon bring googling genius tell stories of creative people and of aid of projects around the world ideas to protect the climate and boost green energy solutions and global ideas being born series of global three thousand on d w and online. the easy capital in northern iraq reduced to rubble in many
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fields like a ghost town to end of years after liberation from my ex only three cells and families have returned to a city which once had more than eighty thousand inhabitants a city struggling to find peace only a few have dared return to their former. today on t.w. news. skepticism is rife in iran after u.s. president donald trump's offer of talks public figures find it hard to believe that he tore up the nuclear deal the economy needs for praying for the country suffering from a currency crisis but sanctions are on their way. to actually talks with the spanish government stole as drivers continue to block busy roads in spain's main city. east
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. and could be soon seen close was on factory floors as robots take over and jobs will automation o'byrne a brave new world to work has. been physical and let's do business iran's ryall is trading at a fresh record low of one hundred nineteen thousand to the dollar this tuesday that's a loss of nearly two thirds of its value since the start of the year many blame the imminent reimposition of u.s. sanctions next month after donald trump's decision to pull out of the nuclear accord tehran to try to fix the reaal setting the value of officially high in april but the move backfired as ready as rushed to illegal trade is to convert their savings into dollars at much lower rates banks also often refuse to sell at the official rate forcing the government to allow the currency to float last month the central bank blames enemy conspiracy for the reales decline.
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randolph is in tehran he's a correspondent for the french news agency a.f.p. eric what are the consequences of this huge fold in the reale first of all was so far we haven't seen a terrible. but we are going to very soon see imports becoming much more. about them. and it's just adding to general sense of the malays about the economy which is already struggling with the lack of jobs lot of young people under. educated population just can't find work. and having this currency is going to. so what is around doing about it because as you mentioned it but a heap on their hands the economy itself is not in a good situation employment and now this comes across as. yes quite interesting we've seen some of the usual rhetoric that this is enemy conspiracies and so on but we've also seen a drive towards actually tackling some of the corruption that plaguing the
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government and the economy for so long publishing names of people that were profiteering on the back of this currency collapse naming about sixty arrests of people connected some of them to the government over the weekend some of them are facing the death penalty. for that so there's been a real push to try and clean up the economy and bring some accountability into the system now well because they can actually bring in start. i was just going to say august sixth is when these sanctions are meant to be reimposed what do you expect will be the impact on the economy which as you mentioned already is in such a bad situation sure you know that the sanctions to be honest i'm not sure they're going to make a huge impact it's often forgotten that well though the nuclear deal came in three years ago the u.s. actually kept a great number of sanctions in place and that did in particular cause a problem for bringing any money into the country because so many banks were afraid
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of touching iran in case they fell foul of u.s. penalties and that was frustrated huge numbers of businesses in europe in asia that wanted to come in and take advantage of that so iran hasn't seen a lot of the benefits that it was hoping for of course this will make it more difficult but it was not like it was coming from a particularly positive place to start with and just tell me briefly what about this potential trump meeting or is that a silver lining in any anyone's view. how i think there's a long way to go before iran can get over the aggression and humiliation trump direct way. find it possible to go and talk to trump after he's tried to destroy their economy and beyond iranians from the united states people have today that would be a humiliation to join in the talks trump is talking about eric randolph we appreciate your analysis from tehran thank you very much spain's taxi strike has
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stretched into its eighth day it's also spreading across the country think it using the main thoroughfares in any of the big cities taxi drivers are blocking the streets in an attempt to stop the ride hailing services from supposedly running them out of business. monday night passed without a resolution between the drivers and government strike leaders said they'll go on. today's decision is that we continue hundreds of taxis have paralyzed barcelona and they're refusing to budge until they get results the strikes have since spread to madrid and smaller cities like. this is the first time the taxes have taken a decision where one hundred percent together on this. has to be thirty to one nothing else will do he means that in the future only one permit should be issued for every thirty normal taxi permits among those worst hit by the strike tourists
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trying to get from barcelona's airport to the city center extra bus services have been put on but they're still packed full. very difficult for us. it's a tough day today especially with children six hours jetlag and then the airports are empty things are hot i mean. before if they're working here because this morning in barcelona they would jammed last option would be a train i think. thousands of taxi drivers across spain are now part of the strike they say ride sharing services like threaten their livelihoods as of now they continue to wait for a resolution. the american economy is planning on building a huge manufacturing center here in europe talks are already underway with two german states that expose building another gigafactory abroad additional
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negotiations are taking place in the netherlands the facility will assemble batteries as well as we have according to tesla a reach decision about the location by the end of the year just recently tesla announced plans to build a factory in china half a million cars will supposedly be produced there you can make a has recently struggled to meet delivery targets for its mass market move three. tesla models producing in germany germany's b.m.w. wants to build cars in hungary the premium com maker is investing a billion euros in a new factory one thousand workers will construct vehicles with combustion engines as well as electric and hybrid b.m.w. chose the locations you do hungary's infrastructure proximity to many suppliers and the highly skilled personnel that factories in germany are working at close to full capacity right now some say automation and digitisation present a horror scenario the factories of the future could wipe out millions of jobs
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others say all sorts of new positions will pop up but try telling someone who's been working for the same for decades. here at german electronics giant workers are still operating the machines but those machines are capable of doing many tasks on their own how will that be in the future technology is developing at a rapid pace and that has a direct effect on the working world more and more jobs can be performed by robots especially in traditional manufacturing industries companies invest in robots because they save money money they can invest in other areas older employees between fifty and retirement age often get left by the wayside a study by consulting firm mercer says that's a worldwide phenomenon especially in china where workers fifty years and older have a seventy nine percent chance of being replaced by automation technology in robot friendly japan the risk is actually lower at fifty nine percent right here in
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germany fifty seven percent of older employee use are in danger of losing their jobs and fifty two percent of american workers over fifty are at risk employees without special skills could be in trouble if millions in asia become unemployed the economic and social consequences will be grave. and hope is a partner which did the study she told me that in germany at least automation could actually help the elderly put their skills to use one of the most important things is already on the other hand tell unsought so if we do have a look and. evolution off workforce population we see that younger population is train came and on the other on the other hand older population is increasing so the question is can we really afford to. the.
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costs just just behind. the young going heat wave has caused fewer northern europeans to book last minute holidays to the confident southern beaches that's bad news for british travel company thomas cook it's posted a lower than expected annual profits the firm runs both a tour operating business and an airline it's reportedly considering splitting off its airline and selling a stake to an investor in an attempt to reduce state. and harley davidson the american brand known for its. bikes is to begin producing small of motorcycles by two thousand and twenty wisconsin based holley will launch a series of five hundred twelve fifty middleweight bikes and even smaller versions of the asian market. and also plans to introduce an electric motorcycle next year
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that's so unused many people will see if that proves to be. the moves come amid flagging u.s. sales and an effort to expand in asia counterattacks from the european union are also threatening holly's bottom line. and the president not all that happy about a u.s. company taking some of its production and brought see what happens on that front business with. you both are. true.
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global three thousand next on g.w. . read the real talent resides. i come from there lots of people in fact not an abelian if you could was the largest democracy that's one reason why i'm passionate about people and aspirations and they can sense. the television reporters tried to in the end after the four of them but in one i remember thinking at the time if the blood in broken for what happened to seem to come together and unite for a cause. but i do the news i often confronted difficult situations more conflict between does comes down i see despite my job in france was deemed as one policies
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and development to put the spotlight on issues that matter most hunger food security oppression marginalizing assumes. a not has been achieved so much more needs to be done and i think people have to be accountable solutions my name is a massage and i work if he doesn't feel. this week global three thousand heads to mexico where customary automobiles are being transformed into vehicles of the future will that improve life for the smog within cities nine million residents. a basic income trial in finland is being
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