tv Business - News Deutsche Welle October 15, 2018 7:15pm-7:30pm CEST
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other smaller parties seem to be getting some of the voters political correspondent thomas thank you. and that's it you're up to date so i have more for you at the top of the hour of course in the meantime there's always a web site that's t.w. dot com and facility will have to open its updates in just a. birth . home to millions of species a home worth saving. on 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 we're determined to build something here for the next generation global ideas the multimedia environment series on d.w. . saudi or sordid investments saudi arabia's economic reputation is on the question following the disappearance of a prominent journalist. and the pound under pressure as brakes at negotiations appear to stall over how the irish border be handled after the u.k. leaves the e.u. . and good for us all and that's the business u.s. president donald trump says he's sending secretary of state mike peo to saudi arabia immediately he is to meet king selman over missing dissident journalist
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cheek trump says the buller of the kingdom with a nice any knowledge of the washington post columnist disappearance or claims he was murdered some foreign companies are reconsidering their business ties. this is saudi arabia as it wants to be seen modern and open but with big business now pulling out of this year's future investment initiative the facade is fading the alleged murder of saudi dissident. puts pressure on global businesses so to the alleged plots ties to the kingdom's young leader himself thirty three year old mohammed bin solomon the face of saudi arabia's reform story its investment projects and its openness to foreign capital. virgin group c.e.o. richard branson suspended discussions over a one billion dollars saudi stake in virgin space ventures that the shares of japan's softbank where billions in saudi soften wealth or invest that have also suffered the kingdom stocks in currency took an unusual tumble sunday after trump
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threatened severe punishment for any involvement in cars should she says appearance . saudi arabia denies the murder allegations and says it won't be bully the world's largest producer and exporter of oil it has also suggested it could force prices up in response to any actions against it or a forceful response but almost certainly not the one businesses were hoping for. authorities in germany are set to order a recall of some one hundred thousand opel vehicles that were found to be equipped with an emissions cheating device similar to the ones used by fox wagon in a scandal that emerged three years ago this follows raids at two opel locations a spokesperson for the comic has confirmed the raids but maintains the vehicles in question ah compliant with existing laws over was a general motors subsidiary in germany for over eighty years was sold to france's p.s.a. just last year after a prolonged period of painful losses. authorities in germany is said to order
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a recall of some one hundred thousand opel vehicles they were found to be equipped with an emissions trading device similar to the ones used by fox in a scandal that emerged three years ago this follows raids at two opel locations earlier today a spokesperson for the comic has confirmed the raids maintains the vehicles in question oc compliant with existing laws of was a general motors subsidiary in germany for over eighty years but was sold to france's p.s.a. last year after approach a long period of painful lawsuits. joins us now frank virtually is opal in big trouble. it could be if the allegations are true we don't know that exactly one has to wait for the official side to play out but from all that one is hearing it sounds so familiar along the lines of stories of other companies that have been implicated and it's really no surprise that the people here at the stock market
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where i'm standing when the volkswagen scandal broke in two thousand and fifteen immediately people said oh we have can't be the only one doing this in numbers from emissions for it's exactly and that still holds true today interesting not much reaction in the p.s.a. share today the owner today and one has to ask oneself you mentioned g.m. owning it for so much time what the g.m. know and when did they know it and what did they do about it or not another car share in the news though with the share reaction much more pronounced joy over perhaps an i.p.o. of the porsche subsidiary of the w e w taking the limelight if you will on the state of opals day in court ok let me ask you about this other story only because it is holding near a one week low as it goes she asians folded before a crucial european union summit this week less than six months before britain leaves the bloc negotiators from both sides trying to overcome the biggest hurdle
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to a deal how to keep the u.k. front here with the irish republic free of border checks come much how rough a week is this going to be with the break that summit come wednesday. it's going to be a rough week because the expectancies are being up of course by these statements by the u.k. prime minister and their spokesman says that she has talked or will talk to today to the president her friends through all of germany to the dutch prime minister and it seems that there's a lot of diplomacy going on ahead of this meeting as she still says no deal is better than a bad deal and the business world frankly doesn't like what it sees i mean people in the market or in the business world are having a hard time anyways figuring out who is saying what with what intention and for individuals in the visible freedoms of the e.u. they're still out there making any sort of deal with the e.u. without freedom of access but people almost an impossibility it's hard to figure
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out the president of ford europe today spoke out joining the ranks of business leaders very critical of the current drive in the u.k. seeing a breakfast with no deal would be disastrous what effect could affect he said ford investment in the u.k. ok really bad for the frankfurt stock exchange. just a month ago french president a man and woman bailed an eight billion euro plan to lift millions of people out of poverty it was designed to help him shed his image as president of the rich but now a think tank says the growing ranks of the poor in france the manholes grand plan might not be enough. a new report from the observatory of inequality says that over five million people in france the van less than eight hundred fifty five euros per month compared to the e.u. average of one thousand five hundred twenty euros the report authors say economic improvement in the last years has not reduced the number of poor people. they deal
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with you know there are two things we can learn from this report first increased unemployment after the crisis of the two thousands had led to an increase of poverty but the decrease of unemployment that started in twenty fifteen has not led to a reduction in poverty that's quite worrying the second phenomenon is that we have new poverty conditions that didn't exist before and so the government policies were not adapted to those situations like single parent families or poor workers who are part time or are altoona ating between work and unemployment. the french government's plan to tackle poverty includes making school and vocational training compulsory mandating breakfast at schools in poor areas but the report authors argue that the root causes of poverty are left unaddressed such as lack of full time work under employment of job security and low incomes they expressed skepticism paris's plan will work. from land explore appreciation to hijacking run down apartment blocks and abandoned industrial sites johannesburg's
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conservative mayor is trying to implement a plan to turn the city of gold into a construction site. and head of hawking food report. tens of thousands of. residents live in derelict buildings like this. i think is if i live here because i don't pay rent at all and at least that way i can improve my life. and to solve this problem johannesburg's conservative mayor has a controversial plan to use the governing and seize policy of experts without compensation. we have to e.q. election perpetrate the buildings which are not taken care of because we cannot while we are developing we are asking people to come in putting their money into the city and next still is a building that is hijacked. herman mashad or wants to turn the city's over one
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hundred abandoned or hijacked building sites that have become a hotbed of crime and over crowding into sprawling developments in partnership with the private sector some owned by the city and used others have owners that comp be traced to love money like anybody else but i like would to work for it and i know that the system that is what like the capitalist system the left leaning ayn seem ones to change the constitution to implement expert without compensation but mashad the and his party the main opposition democratic alliance believes the constitution can remain and touched to achieve this goal we're not there we're not under same page. with acetylene run up in what they see is purely planing to do this play in no city long before they would have said let em up or so looked at political expediency property developers have already shown interest in
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the move. constitution definitely allows for expropriation. there could be resistance by some factions of some people the mayor has clearly outlined there is only going to expropriate the buildings where you can find the owners of those buildings so as a property investor i mean as long as i'm there taking care of my building maintaining it i would do so in confidence out still invest in the city but for his plan to work the mayor may need to evict some poor city residents or ministers in a city we just want work that's all we want where shall we go i have nowhere to go because i'm not working in the west it means. his idea may succeed in an overcrowded johannesburg. but it does run the risk of the poorest of the poor picking up the tab. and the u.s.
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to pop in still see as has filed for bankruptcy it was once the country's biggest retailer the famed for a catalog that sold everything from clothing to toys and appliances the firm struggled since the nine hundred eighty s. it first by discount retailers like wal-mart and then by online shopping. now runs the company but has failed to find a profitable strategy into massive job cuts. and business with.
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where the real power resides. i come from there lots of people in fact know that a billion if you there was not just democracy living that's one reason why i'm passionate about people and aspirations and they can send. us an image and reporters tried to shit in berlin after the fall of the berlin in one and i remember thinking at the time because of bali in broken forward anything could happen if people come together and unite for a call. but i do the news that often confronted difficult situations for conflict between disaster else i see despite my job to confront was leaders on policies and development to put the spotlight on issues that matter most hunger food security
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oppression marginalizing sims. a lot 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 on the fact she and i work at g.w. . welcome to the science show on d w here's what's coming up on tomorrow today. gut instincts our intestinal bacteria breakdown l. food do they also affect our mood. taking time wise slow rise.
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