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tv   Business - News  Deutsche Welle  November 6, 2018 2:15pm-2:31pm CET

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the season's champions league final is also at the let it go stadium a repeat visit is the aim. you're watching news still to come on the program as everything goes digital more and more people are moving in the opposite direction i'm a blog is actually making a comeback and companies are cashing in on the vintage revival. all that more coming up with christoph cobra he'll see you in about a minute i'm sorry kelly in berlin thanks for watching. scars cover don't forget women in russia have to live with violence sexism and depression the love that i've seen that violence is no amount of russia. where
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putin is petri rooms today women's rights were already gaining traction a hundred years ago. the people here didn't have a clue about feminism but there are women who want to instigate change in every day looking for justice and equality. under the skin of russia's women starts nov thirteenth on w. . to be. the most crucial midterm elections in decades are on the way as people in the united states would go and cast our vote take a look at how german corporations are trying to make their influence felt and what they're hoping for in return and as the world around us becomes increasingly digital more people go in the opposite direction i don't know who's making
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a comeback and companies are cashing in on the vintage robot. i'm chris of course we're going to have a long a record amount of donations as been made in the run up to today's mid-term elections in the united states seventeen german companies are among those making from actual contributions to the election campaigns of senators and members of the house of representatives in total german companies gave two point six million dollars to both republican and democrat candidates some of the biggest donors are companies seven telecommunications firm deutsche telekom with more than six hundred thousand dollars each contributions a pharmaceutical maker buyer clocked in at two hundred and sixty thousand dollars. now to tell us more about the story my colleague over common joins me in the studio first off who profits from german corporate money democrats or republicans well as
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you might expect with corporate donations they go to the more business friendly as you put it policy which is of course which of course the republicans about fifty nine percent of german corporate money went to that party but we also see that most parties are splitting their donations the top company on the list b.a.'s f. for instance almost achieved a fifty fifty right in their donations now obviously this is an election taking place in the united states. what does germany want to german companies have to do with that why they don't need well they're making business they're doing business in the u.s. tens of thousands of jobs are linked to german companies in the u.s. the generating billions and billions of dollars in revenues and of course they also just like any u.s. company over there they depend on the political climate the political situation so they are doing that bit with these donations to influence the political climate in their favor so how does this work in practical terms companies just wire the money
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over to the party headquarters yeah we always have that image of these backdoor dealings going on but actually in the u.s. corporate donations to was campaign towards party complains prohibits it the way people get around it is by founding the so-called pac political action committee and this is also what the german companies have done you can only have one per company and the german companies are saying we're not influencing these pacs decisions they're independent but if you look who's on the german pacs it's becomes quite evident that high ranking managers of these companies are on it and it seems they are certainly trying to influence policy with with educations all right finally what effect will their donations have on the outcome of the election yet we really have to put this and into perspective jamie. companies overall donated two point six million which is obviously not that much seeing that total donations of five point two billion so the effect might be might be rather little by the
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overcome on business thank you so much for your assessment. facebook has blocked one hundred fifteen accounts ahead of the mid-term elections in the u.s. the company said said law enforcement notified of suspicious activity saying they believed the accounts may be linked to foreign entities to sort of network that blocked eighty five accounts and its photo sharing network instagram and thirty on facebook itself the instagram accounts were in english while the pages on facebook were in french and russian their aim was to influence the political debate and interfere in the u.s. mid-term election today. authorities are saying. italy is putting pressure on the european union to place in e.u. wide tax on big digital companies by the end of the year at a meeting of e.u. finance ministers italy's giovanni said roald will go ahead and apply in national tax if there's no deal from the e.u. member states are divided on a potential plan of the e.u.
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commission to place a three percent tax on the turnover of big internet companies countries like germany and ireland oppose the idea in fear of retaliation from the united states because the levy would predominantly hit companies based in the united states. for more on this let's cross over to our markets man conrad bosun in frankfurt conrad why is it really leading the charge here. well because of italy needs money desperately and it's popular among voters to talk about taxes higher taxes for the large tech companies because everyone knows that those companies facebook google apple et cetera are not really paying a lot of income tax on. they're huge incomes they have developed a sort of expertise in finding the best tax legislation of course in places where income taxes are very low places like ireland for example or luxembourg that's why
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it's really not the only country. italy has come up with the idea of taxing the revenue the sales of such large corporations but this would likely break international agreements about how corporate income is taxed and that's why the european union wants a common approach and some of the italians are saying we'll do it alone it's a joint effort doesn't come to pass by the end of this year how likely is it that we'll see common e.u. legislation. it's very unlikely because the position between the different member states of the european union two divergent you mentioned that some of the countries are concerned about potential retaliation from the united states then of course there is luxembourg and luxembourg and ireland those two may i call them tax havens who of course don't want to lose the
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nice income they have at the moment from those companies germany is opposed to the tax also because there's now a government that the car makers revenues for example america might be taxed in the future and not as it is now the profits of the sales that the car makers make which are taxed in germany here. this is very complicated very divergent and it's unlikely that we're going to see agreement on the european level contribution in frankfurt thank you. germany's environment minister who wants to ban the controversial weed killer dry for state on your shoulders that are my. history will use all legal options possible to prohibit the wave that would be a u. turn but at the end of last year germany voted to extend the approval of life to save it was one of the few e.u.
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countries to do so now the environment ministry wants servers that decision and change the process for approving pesticides and herbicides that means that other products may also be better for said is produced by monsanto just now owned by germany based multinational buyer. it began with a rebirth of the vinyl record followed by other products like further coffee makers or polaroid cameras around the world things that are almost extent are in high demand consumers increasingly want uncomplicated things in an increasingly complex world retro has become a mass phenomenon and a good business. one instant camera. mic century funicello. night but with right stitching products from the past into month today. this company is located near home but sales have grown by
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twenty five percent in the last five years. keep up. digitize ation hasn't come abilities than on digital and on the contrary there's a strengthened awareness of non digital behavior in the age of digitization so i doubt that it had to get an easier one people write more consciously they sit down and write a letter consciously or notes in a notebook it's highly seasonal teaching those who was in the teens pool even large companies like b.m.w. have jumped on the vintage bandwagon with sixty's and seventy's style motorcycles every tenth b.m.w. motorcycle sold is a retro model. almost as expensive as the motorcycles and extremely in demand furniture made in the mid twentieth century this site will cost ten thousand euros he's in lawson's it because it's too young going to understand it you're from the sixty's and seventy's was built differently much better in quality and it was glued an assembled differently the furniture was built for eternity. because. linda
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marshall likes to buy retro clothes she loves fashion from the twenty's what fascinates her about an era she never experienced herself. and we had discussed human to me this has a lot to do with enjoyment the enjoyment of design music dance vivre of from the time back then. despite their style preferences the retro fans still say they feel happy in the present. japanese carmaker toyota has seen a boost in sales to china and europe their third quarter operating profit surged by eleven percent prompting the company to raise this year's forecast sales in the world's largest car market china have grown substantially by twenty percent and in europe by nearly five percent cost cutting measures also helped the company to achieve a worldwide increase in sales despite a slight dip in the united states. police by gary have raided
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a printing workshop that was making high quality fake u.s. dollar bank notes during the operation offer so seized a fake one hundred dollar bills in various stages of completion with a face value of more than one point three million dollars the imitative magnetic in can make ing the fords know it's extremely difficult to recognise the interior ministry said three suspects were taken into custody thoughts to be part of an organized crime ring just last month in authorities dismantled another in legal money printing operation and seize code for general and dollar banknotes worth more than fourteen million dollars. well whatever is in your wallet i hope it's generous for now thanks for watching graphic york.
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city composed. and snapped just at the right moment. find the extraordinary photographer and the function of the power to make sure. to be revealed through the viewfinder all seriousness with. the robaxin
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next w. . the cause of. the first little disaster the twentieth century. the war to end all wars cost millions of lives. world. marks the hundredth anniversary of its. what has humankind learned from the great war. as if money.
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is real peace and impossibilities. nineteen h. not forgotten w.'s november focus. hi everyone and welcome to the nabha edition of your alexa life that year of here's a look at what's coming up. riding high a record breaking cable car opens in switzerland. having
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south get some know the french city album ok he asks.

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