tv Business - News Deutsche Welle August 29, 2018 3:15pm-3:31pm CEST
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come to bid farewell to legendary u.s. singer she died earlier this month at the age of seventy six after a battle with pancreatic cancer now her legacy is being celebrated stay with you the. moment the. moment i only. love a man. you. like right now and the journey with doubling and any time any place. to sing new music video never.
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have had the benefit of the. songs to sing along to download it is to come to you from super. to. have very close is kind of into active exercise is the right thing about that d w don't come slashdot much land on facebook in the uk still. learn german for free but d.-w. . a new free trade deal for north america is one step nearer us canadian prime minister trudeau says he's eager to sign a deal if it benefits his country also coming up or what they want to be beautiful in popular immigrations if you want to block make residents are. warning
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that tourism can be too much of a good thing. hello and welcome to your business the united states hopes to find common ground on trade with canada after reaching a preliminary agreement with mexico u.s. treasury secretary steven the noachian is confident the two countries can strike a deal by the end of this week but there are pitfalls canada's prime minister so far insists on keeping tariffs that are meant to protect the country's dairy farmers u.s. president says these tariffs must go and there is a lot at stake mutual trade between the u.s. canada and mexico totals more than a trillion dollars after the u.s. and mexico reached a preliminary agreement signed kind of the two but soon be on board. what's have really leaves the way the what canada believes if you could leave here. in that state next to me in significant fashion which is where we in the area
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leave her in which cars and even steps to relieve our needs be valuable work into canada and united states have been for some time about their jobs though still sticks the comedian prime minister said he would only sign a deal that was good for canada but he praised the progress that was being me. we're pushing hard to conclude an agreement that is when we're in with a modern and progressive agreement that is in line with our values and our ambitions and that will benefit not only canadian businesses but all canadians the u.s. treasury secretary steven minutiae believes an agreement with ottawa could come or later this week he said the talks had met the canadians demand working with canada are trying to work but you know this is
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a complicated to graham and there's lots of things in here or all new i would think again it would be very much on board with stronger intellectual property stronger protections for modernizing the agreements so i'm hopeful that the open issues with canada can be resolved. without a deal to us present donald trump has threatened to impose tariffs on canadian made vehicles but that could weigh on the automotive sector on both sides of the border because the neighbors rely heavily on each other's parts if talks with kind of wrapped up by the end of this week trump the only plans to seek approval from congress for the bilateral deal with mexico. so will we see a new trilateral nafta deal done by the end of the week let's ask our guest here in the studio a lot of on downhills from the german institute for international and security affairs good to have you with us we just heard the canadian prime minister trudeau there saying that kind of those interested in signing the deal if it is a win win win situation i.e.
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all three nations countries must benefit is that at all possible hardly i believe but at least you might say that any deal is probably going to be better than no deal at all it's hard to fathom any other deal. that would really take up all of the requirements the kind of the initially asked for but since it is so important for the country as much as it is also for mexico that is the main goal to achieve for the. government i will we just listened in the report also we heard stephen minucci in and also kristof remained there and listening to them you sort of get the the idea that maybe the old nafta deal wasn't that good at all that it really was a bad deal as he was present on a trombone always maintained so was he right to tear it up it was certainly outdated in the way what was needed were new rules on things like intellectual property things they digital economy digital services financial services that
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weren't part of the old to you and also i mean they've been negotiations on investment protection and there you see no new. opportunities also for the canadians and the mexicans that's true by the rest of the world is still trying to sort of get the hairdryer i want how the u.s. president takes in terms of trade policy and he gets criticized also for the way he treats china or for the dispute with the e.u. what can be learned from how nafta plays out well what we certainly can learn in europe is that he will probably continue his method of divide and rule conquer there will be a lot of pressure on europe also to take steps that are sort of bad for business with china and then as i said their new opportunities also i mean talking about the whole subject of investment protection all of a sudden you see a completely different position of the u.s. government then you saw in the negotiations earlier i just just very briefly
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because obviously a lot of german companies especially car makers are situated in mexico the deal that we have now how will that impact them it impacts different carmakers differently so for the u.s. bigger companies like ford and g.m. it's not such a big problem because they already include a larger share of north american made parts in their cars but it will be different for german makers in particular also because the new rules on minimum wages and it's harder to push for those rules if research and development a spec in europe and germany all right well hello or fun daniels from the german institute for international and security affairs thank you so much for your time thank you. poor results and tumbling share prices germany's big banks are in trouble now commands bank is facing a possible ousting from the dax index and it's not alone daughter bank too is looking less than solid when it comes to the euro zone's leading share index
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experts say the banking giants have dragged their feet in the face of digitalisation and now financial tech start ups giving them a run for their money of intake challenge is the focus of a banking conference in frankfurt this week financial experts say they hope to find potential solutions to get the big banks back up to speed. and our financial market correspondent was at that conference earlier today. we just saw right at the end there the c.e.o. of the daughter bank i believe this c.e.o. of command they were all speaking there earlier what was their message. well the message they wanted to say was the world has become a riskier place but don't worry we're the people who know how to deal with risks and were well prepared for the future their message they didn't send was what is this digitalisation thing and we're really not very prepared for it and we're not taking it seriously asked directly about the rising star in untac that is
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a company called wired card. c.e.o. said well he doesn't really see it as an attack that's despite the company. rising high and it's a stock valuation further than even the bank and comers and instead don't you see you once to work together with in tax he things are strong on tech and less sun. that's of course assuming they want to work with them because really they're making money whereas deutsche bank is struggling to do so so that the strategy is to partner up with you or any me. becoming friends and using the enemy that way if they come to work. well banks are going to throw their weight at this definitely they're large huge with a big customer base and they want to use that data from costumers for example to
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you know give them credit the problem is they're so big that departments within don't talk to each other and so here again that's the advantage of a smaller company that's able to use that data already and make this process digital and automated all right but it's there from the bank that stock exchange thank you so much. the pose of the address that is what people call dubrovnik a popular travel destination on creation and post it seaside location and maybe able sites attract i will sense of tourists every day now they provide a steady stream of revenue for. the businesses but they also get in the way of everyday life and some locals just have had enough of it. on a typical summer day in dubrovnik local resident to prof because she moon of each avoids the main streets they're packed with tourists and souvenir shops even normal
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businesses are thronged. these good people i have to stand in line at the supermarket for up to thirty minutes because it's full of tourists buying water fruit. we watch it. the mediæval city is on unesco's list of world heritage sites the u.n. organization has advised officials to cap tourist numbers at eight thousand a day but often more than ten thousand arrive especially when three cruise ships docked in the harbor simultaneously with two thousand or more passengers disembarking from each one the deputy mayor says the city is working to limit the number of visitors. ships arriving the same warning are not arriving and there i like. to prophesy is the visitors is both a curse and a blessing she too lives from tourism charging ninety euro zone night for this
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apartment she prefers longer rentals to older tourists. adios that all the ones under forty yard disaster they run around the streets with their bottles and they peoria where. they're. just like the nuisance caused by tourism the shipment of which is intend to stay they've turned down an offer of a million euros for their house you know your way boy this is my home i'm going to die here i won't sell. why not. because they enjoy so many moments in the historic city known as the pearl of the adriatic. and that's the business update here on w. you can always find out more on the awful us on facebook and twitter and i'll see in the next i'll ask. the to the to.
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the tulip. don't. really feel. the scars on some of. the pain still tangible. the suffering for going. for c.b.s. edge but. they have survived but do they also have a future. i really understand people who say they don't want to stay here. but i also admire people who want to stay here and who decided to create something . new beginning in peace time more the people making it possible
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what needs to happen if tolerance and reconciliation are to stand a chance is felt that it would be the first one it's a really difficult complicated bit of forgiveness reconciliation forgetting they get stuck in your throat. out of darkness cities it. starts september second on g.w. . hi everyone and welcome to another edition of your max let's kick off with a look at today's topics. pop icon a budding musical on the late michael jackson. he collects
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