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tv   Business - News  Deutsche Welle  August 23, 2018 3:15pm-3:30pm CEST

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a candidate from georgia in march will be running in georgia's presidential elections in october but with different groups and generations pulling the country in different directions it will likely take much longer for georgia's future to take shape. coming up ahead your coffee cup often ends up in a landfill because so far one of the rides has been too difficult to recycle but that may be a solution in sight. ben fizzling from our business desk will have that story for you shortly. would have been fighting for the case to be taken seriously in the world of what appears as come out women strong. though these superheroes.
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smart talks smart stayed on legend great christian leader dangerous times suffer. for my. son beethoven. his works god is for to know. the monster entry. twenty. washington and beijing straight wall rumbles on for another week new u.s. time some sixteen billion dollars worth of chinese products come into effect china responds in kind is there a way out. speculation one of the biggest company listings in history may be called off but the saudis insist the ramp goes i.p.o.
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will happen. and a solution for one of the most pesky of plastics polystyrene a canadian startup says it's come up with only a new way to recycle it. let's do business a flat day of trading today investors holding their breath says another mega round of terror fights come into effect washington hitting beijing and vice versa the troubled ministration accuses the chinese of unfair trade practices they're also keen to slow china's tech expansion the made in china twenty twenty five plan is designed to catapult the globe's manufacturing center into its technology up. the world's work bench no more instead chinese internet giants like search engine by do tech investor ten cent an online retailer only babar are now leading global innovators they've risen from startups to multi-billion dollar conglomerates with
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considerable state backing other countries accuse china of unfair subsidies cheap loans restrictions on foreign competitors and copying copyrighted technologies they say it's no holds barred as china zeroes in on becoming the world's leading industrial economy successes of the state guided economy or impressive gross domestic product has expanded at a breathtaking rate and rapidly closing in on the u.s. . they've made in china twenty twenty five program is intended to transform the huge country into a global economic power. ten key industries including aviation railways and electric autos are to get privileged a treatment plan calls for foreign imports to be made to perve the us china would rather export to the world the us is not the only major economy getting worried just recently germany prevented chinese investors from taking a stake in power grid operator fifty hertz washington has now restricted technology
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exports to china and some analysts say u.s. penalty tariffs on chinese products are less a response to illegal state subsidies by beijing and more a last desperate attempt by the americans to stop china taking the technological lead. the tariff to st is already hitting one of those key technologies china is going to master the robotics industry annualized growth rates for chinese robot production dropped from thirty five percent in may to just six percent last month officials say it has nothing to do with trade but others see an obvious leg. the world robot conference in beijing is the place to be when it comes to cutting edge robotics these models are intended for export but the trade dispute is taking its toll on robot production in china which has declined sharply in recent months many investors are waiting to see how the situation develops. sudsy last last
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february. you're not going to sit. there very soon. maybe that is. actually. true. some economists are already seen a bit of effects on the robotics industry. the trade war will have an impact on the production of robots it will reduce the production of robot because exporters will worry. export orders growth so they will not expand factories and that's why i think the robot production will actually be very low growth robotics is one of the main industries that the chinese state is promoting and it's made in china twenty twenty five campaign.
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counterproductive and senseless that's how russian president vladimir putin labels the latest u.s. sanctions against moscow the ruble has fallen to its lowest level today against the dollar since twenty sixteen and the kremlin says it's bracing for lower growth this year as a direct result of the sanctions. you know it's a lot this russian reporter is saying that the u.s. has now banned exports of gas turbines to russia along with key items for the aviation industry like jet engines and electronics. until now the kremlin has been demonstrably on ruffled by u.s. sanctions especially since an earlier round have long reduced trade in military goods but the mere announcement of this list sent stocks in large state owned companies tumbling on the moscow stock exchange. kerry aeroflot slid twelve percent of the beginning of august when the sanctions were decided. on the ruble exchange rate has dropped sharply in recent weeks foreign minister sergey lavrov is
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outraged so. it's quite obvious that these sanctions have nothing to do with syria ukraine or crimea. they're being used to enforce unfair trading conditions to hobble the russian economy. a further round of sanctions lined up for november could target banks u.s. russian air links imports and exports and diplomatic relations. they would hit russia's six largest state controlled banks as well as the country's entire oil and gas industry all of which would have dire effects on the russian economy. is paying around seven million dollars in compensation following a sexual harassment scandal out of the sun will go to fifty six active and former employees who accuse the right heading service of the brass mint and discrimination each will receive an average payout of nearly thirty four thousand dollars and four
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hundred others receive compensation of almost eleven thousand dollars as a result of the most suit by police a judge must approve the settlement is one of the highest profile startups in the world and plans to go public next year. saudi arabia says it's still committed to floating shares in the world's biggest company he or minister says the government will sell a stake in state owned oil giant at a time of its own choosing those. who were first announced in twenty sixteen three is predicting a public offering would bell you would shoot really in dollars. but there are signs it could have coped feet in the doubts over whether a red would meet its price target and how prepared the company is to undergo regulatory scrutiny saudi arabia has now reportedly scrapped the i.p.o. and disbanded the financial advisors working on it. and see if we can clarify this with our frankfurt reporter daniel corp tell you why would saudi officials want to
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call off the listing. when there seems to be some disagreement within the saudi royal family about this mega i feel the biggest in history nothing compared to the little ones we sometimes see here happening on a friday in frankfurt five percent of the company are supposed to bring one hundred billion us dollars and it seems that there is the fear that investors simply were don't believe or would not take the market valuation of two trillion u.s. dollars also there are still discussions in saudi arabia about a second exchange besides the one in riyadh london new york on hong kong they all would like to list the iraq war shares their view. doubts about the price tag ever since it was announced but why all the delays cunt they get their acts together. while an unsuccessful i.p.o. would be a nightmare for the saudis who have to keep in mind this is a small country with very high spending every year and it's also
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a country which completely reliant on their own oil resources that one day will be gone so they really want to make sure that enough money is coming into the country it is it really seems that they have this doubt that those one hundred billion us dollars they want to generate are maybe not possible so it feels like they are really waiting for the perfect moment what is the perfect moment what are the market conditions like at the moment for this may go i.p.o. well that's the thing market conditions for this mega i.p.o. are in general pretty good when you take a look at the oil markets at the moment and also with the oil price just one barrel of brand this year went up by about sixteen percent so investors are actually saying that market conditions are good and they don't really understand why the saudis are that careful of all this i.p.o. at the moment interesting stuff from our financial correspondent in frankfurt then you go thank you. polystyrene is one of the world's most
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common plastics especially when it comes to packaging but it's a problem plastic it's extremely hard to recycle as a result it ends up in landfills and oceans but a canadian startup may have found a solution which could also prove profitable. it starts to go in solution we just heard a little bit expanded polystyrene also ok all what you have to do is to thaw the expense polystyrene dissolved in a solution and then turned into recyclable pellets it's the first time it's ever been done the montreal based company put the steve turns environmentally unsound garbage into a valuable product. found or so lend long says that recycled pellets are much cheaper than buying new polystyrene it seems you are being used to point our mean you don't have to extract gas china has stopped buying the kind of his waste it's an emergency situation for the north american country but it represents
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a great opportunity you have to see to waste as a resource and to use it locally to create jobs locally and twitter it's just an evil product locally so that's agreed you looked at china at the time when states wasting you will come to you right now police hopes they can convince communities to add polystyrene recycling bins. nystagmus i think you also get very saying here on the delhi years states.
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after. logan's missing cousin into stealing invalid now hi. welcome home fans from all over the world have descended on the small town hours of our mission oh come on a good job was there and immediately called the space shuttle.
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comes to. read the real trial it resides. i come from there lots of people in fact more than a billion years of blood nonsense democracy that's one reason why i'm passionate about people and aspirations and they can send. both an image and the book is righteous in the name after the for the fun in one and remember thinking at the time the sublimely looking forward anything can happen if people come to see the sponsors might show up to confront goodspeed as on policies and development of the spotlight and issues that matter most hunger food security question national nicely
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since. a notch has been achieved so much more needs to be done and i think people have to be at the heart of solutions my name is a mcclatchy and i walk into the delta. i want to welcome to another fun filled show from dancing in the streets to singing sad songs we've got a packed program in store here's a look at what's coming up. la.

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