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tv   Business - News  Deutsche Welle  September 24, 2018 7:15pm-7:30pm CEST

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siri. reigning world champion re on it if the all really is defended her crown in the women it's a bit. well so it is now ben's got some business news for you in just a second thanks for being with us. earth. home to millions of species a home worth saving. those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world like to use the term climate change to green energy solutions and
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reforestation. they create interactive content teaching the next generation about environmental protection and were determined to build something here for the next generation global ideas the multimedia environment series on t.w. . at the. tower of terror china accuses the us of starting the largest trade war in economic history based off the washington slaps a new round of tariffs on chinese goods from pan bags to rice and with red string band diesel vehicles from city centers we'll see how bands and trucks are increasing be looking towards electric power here in germany. is all in let's do business traders are increasingly bracing for approach trade war. asian european
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and u.s. indices all falling this monday washington's latest tariffs have kicked in for two hundred billion dollars worth of chinese products beijing retaliating targeting sixty billion dollars worth of u.s. goods with extra duties. workers in a chinese factory making flags and banners for donald trump's reelection campaign in twenty twenty if you want an idea of the irony and complexity of the trade dispute between the world's two biggest economies here it is in a nutshell the dispute has escalated dramatically since this meeting between the american president and his chinese counterpart xi jinping almost a year ago so what's happened since then and what it meant for both economies let's take a look at last year the u.s. imported just over five hundred billion dollars worth of goods from china back in june trump imposed tariffs on fifty billion dollars worth of them as of today further duties of come into effect on another two hundred billion dollars worth of
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products. on the other side china its imports from the u.s. last year totaled one hundred twenty nine billion dollars only about a quarter of the value of u.s. bound exports in the summer china responded to u.s. tariffs by imposing judy's on some fifty billion dollars worth of u.s. goods and now it's retaliated again by adding duties to a further sixty billion dollars of u.s. goods but if the u.s. ups the ante again china doesn't have much room to move. meanwhile the war of words has also escalated here's what u.s. secretary of state mike pump aoe had to say about the trade war when he appeared on u.s. television on sunday. we know this much the trade war. against the united states has been going on for years. here's what's different this administration. wants to call this a trade war we are determined to win it china for its part accuses the united
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states of bullying with no sign of a let up in the tit for tat dispute economists say the real losers in this trade battle are likely to be consumers in both countries. we asked economist came in first heads germany foments that you where the trade dispute leaves europe. well europe has no interest in global protectionism increasing on the other hand there are opportunities for european companies now and there are opportunities for europe to get to stay out of this rao so it could be that on the one hand the chinese will make concessions to the europeans to intensify trade with europe and it could also be that some european companies those competing with chinese companies in the u.s. market. may increase their market share so this scenario where the conflict is
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mostly between the u.s. and china is in fact quite positive for europe of course we know trump is very volatile so he could easily turn to europe very quickly but father for the time being europe is in a more comfortable position because clinton's first there advocates of a cleaner and greener fashion industry say a shift in the way designers do business depends on the mant in other words the onus is on us to make the sector more sustainable others argue fashion houses the one sitting on mountains of cash which could be used to change consumer habits is what's trending at milan fashion week. beauty may rule the catwalk. but as soon as the lights go out fashions ugly underbelly is plain to see. clothing produced in sweatshops animals tortured for their for fast fashion that ends up in the trash as quickly as it's purchased wasting valuable resources for fashion
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industry striving for a better image during milan's fashion week stars like cindy crawford or keep blanchett are presenting the second to green carpet awards honoring sustainable production and business practices in fashion. no one industry can tackle climate change. and the sustainability issues by itself but it's a very pointy public industry and that's one of the fashion industry is making such a strong statement businesses are increasingly attempting to shift to more sustainable production models including in the fashion industry however they still represent a small minority in the corporate world and that's unlikely to change until consumers change their habits so make the cuts and who get the chop the big question every autumn when the german stock market presents the top thirty companies that have made it into the dax germany's index of blue chip stocks comments bank has been on the dax since it was founded but it no longer meets the criteria it's been replaced by why a cod
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a new comer that makes payments of way also being revamped is the tech that is the index for the thirty largest tech stocks rules allow a company to be listed on both the dax and attacked x. . german chancellor angela merkel met carmakers on sunday to discuss additional measures to avoid large scale diesel vehicle bans in german cities the so-called diesel summit ended in conclusively they'll be more talks later this week in the meantime the automotive industry is finally starting to take the initiative of the i ate commercial vehicle show in hanover electric cars are taking center stage. this van could be something out of a science fiction novel the urban attic will be able to master the road without a human driver. trade's been run for governor he likes that. that's despite the fact that he's looking for something a little bit less futuristic. doesn't it so he's are just futuristic concepts we
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obviously need practical models and affordable vehicles right now i think the industry understands there's a huge demand if. chinese car makers are here to avoid death he rented the maxus e.-v. eighty from site a half a year ago and he's happy with it it's not luxuriously equipped but it has other advantages most importantly fast charging technology. benefit and effect this vehicle has a range of almost two hundred kilometers it can carry a load of one ton i can load a drawer system in there and it has a huge loading area and all that for a relatively interesting price i'm still waiting for the germans to make something like that. and it. done there is presenting the evasions of its classic sprinter and veto models and void of he could be one of the first customers he's preordered an electric veto for forty three thousand euros but he still has
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one concern the full battery only has a one hundred kilometer range. a solution would be a standard installation of fast loading technology which would enable drivers to recharge quickly but the main german car makers are dragging their feet could be customers don't need more range. ya as us was out and it's we aim for one hundred kilometers under all conditions also in winter and with heating and that's according to what customers said is the norm when it comes to their needs they drive sixty to eighty kilometers a day six times a week they can charge at night but that should be sufficient. skeet once to get a real feel and takes the vehicle first banned from the outside the event it was very similar to its diesel engine cousin. ski already has ten diesel vetoes in his fleet so his workers would hardly have to adjust. these models were available now i'd be ready to say i don't have to settle for vans from nissan or the chinese
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ones because i'd also be taking repairs and service in the long term into consideration long as there's no follow from small transporters to heavy trucks with electric engines there's no more time for presenting future prototypes buyers need production ready eve yukos now. all the possible oil has hit a four year high a barrel of the black stuff will set you back about eighty dollars is off the members of opec a group of oil producing nations ruled out increasing output of decision to five calls from the us which is the sanctions that re imposed on all which are run put pressure on global supply. filling the tank in germany is taking a bigger and bigger bite out of the pocketbook and these gentlemen are going to have a hand in that the latest of the opec oil producing nations met in the of geron capital over the weekend where they agreed to keep production level stable and with demand
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rising that means prices have nowhere to go but up monday morning the price of brant north sea crude rose two point seven percent to eighty one dollars a barrel the highest mark in four years something that's not likely to please u.s. president donald trump he's been a critic of opec production policy which he says keeps prices high and hurts american businesses and consumers. but trump also says some of the responsibility for higher prices thanks to sanctions against iran picks third largest member. american pressure has hampered iran's ability to sell oil on international markets venezuela's economic crisis is also hitting well supply. countries on block play to peace production in the nia ten and experts say the price of brant crude could top ninety or one hundred dollars the next. hour before we go there's
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a new merger in the gold industry the canadian mining company gold has taken over its rival randgold that makes it the largest gold company worldwide. company will have a market value of around eighteen point three billion u.s. dollars according to randgold wrangled is headquartered in the channel islands with gold mines on the ivory coast. at the democratic republic of congo the price of gold is under pressure since february the precious metals value has sunk by more than thirteen percent some analysts believe the merger could boost investor confidence in business with you.
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it engineering it's conceivable. using cells it passes as a protective shield pumping ocean bows and. removing carbon dioxide. but is that really a good idea what about the side effects. tomorrow too to. enter
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the conflict zone with tim sebastian. i'll be challenging those in ca asking tough questions demanding muslims. as conflicts intensify i'll be meeting with key players on the ground in the sun zones of. cutting through the rhetoric holding the powerful to account for scott's a comfort zone. conflict zone with tim sebastian on d.w. . story so that people who hold on for g.w. on facebook and twitter up to date and in touch and follow us on. climate change. waste. pollution.
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isn't it time for good news eco africa people and projects that are changing our environment for the better it's up to us to make a difference let's inspire each other. eco whatever goes beyond farming magazine. on d w. hello and welcome see tomorrow today the science show on g.w. here's what's coming up. it's not simply the side of the law of the future will connect masses of data but state of the art no. smarts cause stress at the wheel all everything under control the facial.

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