Skip to main content

tv   Business - News  Deutsche Welle  November 8, 2018 12:15am-12:31am CET

12:15 am
and a reminder of our top story here on g.w. u.s. attorney general jeff sessions has been forced out of his drop sessions as he stepped down and president donald trump's request for. your business headlines with on the homefront coming we're not. going to be. my first vice like a moses sewing machine. where i come from women their bones by the social influence in something as simple as learning how to write them by side poses and. since i was a little girl i wanted to have a bicycle of my home but it took me years to them but there's. finally they gave up and went on buying young guys like that but returns because sewing machines sewing i suppose was more appropriate for goes than rising up by as not only i wanted to
12:16 am
reach all the doors woman back home where bones by their duties and social goals and inform them about deadbeats and rights my name is the about of people homes and i work it's easy to. be. true to. the book. makes spot no shaken global stocks reflect on certainty over the u.s. midterm elections how will they affect trump's executive reach on global trade also coming off germany's economic stages downgrade their economic outlook for the nation blaming global trade tensions and aging walked its. madagascar's crippling water problem what activists are doing to improve sanitation for the population. this is your business update on how to
12:17 am
humphrey. thanks for joining me while investors now find themselves facing a period of gridlock after the results of the u.s. midterm elections would need a party likely to be able to enact sweeping legislation economist for the president donald trump may not be able to cut taxes further but it also means that his current tax cuts can't be rolled back they believe the gridlock in washington will keep a check on some of chumps more disruptive market measures like the trade war with china some point out that the u.s. economy often performs well when control of congress is split between republicans and democrats. at least the result of this election shows that the democracy in the united states is still alive and that there are controversial debates about some also for our business
12:18 am
crucial topics and one major topic trade policy off donald trump contradict the big conflict and some would say. almost starting trade war against china which is threatening the whole world economy and on the other side the trade conflict with the european union you haven't tied in the doj and. from the point of view of the german economy we have little hope that the election results will change anything we shouldn't forget that there are also many democrats who support the administration's course the trump administration's trade agenda remains a threat to the global economy. minister to one phone president trump is now before the need to fall for the will to achieve to president trump. is living very much from one moment to the next this is the danger in his policy. there isn't no
12:19 am
long term strategy there's no wish for long term stability there's no fear or for what is he causing with his aggression so i don't think that there will be a major bettering it might even get worse. the view there of german business and industry now i want to go straight over to wall street we can bring in our financial correspondent sophie szymanski here who is standing by now we've analysis from wall street now sophie of course we can always talk about investor reaction to election results but what was pretty spectacular today was chum's prints press conference he aggressive. towards reporters one of markets made it but. well i actually watched the news conference on the trading floor together with some of the traders and i think they mostly agreed that really seemed irritated over the
12:20 am
course of nearly ninety minutes he swung repeatedly between calling for unity and attacking democrats and some members of his own party who was freed and the training floor. oh it is not that easy to find someone who's actually critical off the president but this speech and his aggressive manner have cost some of the traders standing next to me while watching it to shake their heads one of them said trump is being attacked and now he's defending himself blindly and from the outside it local definitely pretty directionless emotional and almost as if he was unprepared but the traders didn't care in the end neither did the investors the markets were up and can we glean anything about the direction of future economic policy from what the president had to say today. not really have this also shows how weird this news conference was it seems to leave out important
12:21 am
aspects this touch on the gridlock trying to find unity with the democrats though that probably is not likely to happen and he mentioned tax cuts for the middle class but he didn't get too deep into this issue he also briefly mentioned the crime bill he wants and he talked about trade with japan but that was basically it so if you bring us the latest from new york so if you you think. well after the midterm elections that is when u.s. politicians said they consider what is known as the bill from hell a lot proposal that would carry plenty of new economic sanctions against russia and of course off the midterm elections it's well now with a democrat strength and many believe russia could be hit even harder so is moscow concert we want to a russian under german resources conference in post on here in germany to find out . it's
12:22 am
a long day of speeches and pennell talks networking and some more networking business as usual it seems but what about the looming threat of a new set of u.s. sanctions on moscow. we have to wait and see what sanctions are coming or if they're coming at them and if they do come we'll find a convincing solution unfold. but the mood among russian businesses is less relaxed roughly nine out of ten fear u.s. sanctions a study found. and what's more they could threaten international projects like north stream to the nine point five billion euro gas pipeline under construction between russia and germany european investors might pull out to avoid getting penalized by the u.s. . this is a desert the project could be delayed and take longer than planned. but it's a completely commercial project which is profitable for everyone involved so i'm
12:23 am
convinced it will be completed successfully in your bizarre story but i believe it is on. the german economy minister. stressed that germany is standing with russia at least on this project. the german council of economic experts predicts the national economy to grow by only one point six percent this year about down from a previous estimate of two point three percent they say the government has a number of problems to address because of the aging population the report suggests increasing the retirement age and lowering taxes the council also watches the government to take caution is against the ongoing trade for germany relies heavily on exports pushing it in a precarious position. on the island of madagascar frequent droughts in an exploding city population have made clean drinking water water a scarce resource many of the city's slum dwellers in the capital and tannery very
12:24 am
reliant contaminated water collected from swamps and self built swells but simple and effective means the organization water and sanitation for the urban poor proves that not much money is needed to provide clean water. a crew from madagascar is national water utility is repairing a broken pipe in one town in a river. about forty percent of the city's drinking water is lost gigia leaks like these repair teams are advised and trained on how to detect and fix such leaks by the n.g.o.s water and sanitation for the urban poor or worse up members are at record as on is the program office. they've been resource doesn't need to be big as creating a new shipment of. room i need to know that they're not made to the resource that they have now so but the management says the only thing to download to improve the
12:25 am
service that they need to get. up is working to improve and tunnel or evil as water management the metropolitan areas population has doubled to some three million over the past twenty years. two thirds of the people have no access to clean drinking water according to what's up about one quarter of the deaths among children under the age of five here linked to water borne disease. rivers ira and her team it was help provide basic infrastructure to prevent waste water from polluting the environment and improve access to clean water in partnership with the city the n.g.o.s already build five hundred water kiosks that sell drinking water they've also been. laundry blocks across the city many locals still rely on contaminated surface water to meet their daily needs the river which
12:26 am
passes through one time is the city's largest source of water local people fish and do they washing here but the water is contaminated by rule of sewage only a part of the town and every vote is connected to the sewage system and none of the waste water is properly treated. the director of the municipal waste water facility worries that environmental pollution will soon make it impossible to provide local residents with safe drinking water. with respect to the quality of the drinking water is environmental degradation. our facilities have to operate in full capacity just to use meet the needs as best we can this is met. with what subsystems the city has drafted a proposal to expand its waste water treatment facilities these improvements in
12:27 am
water management are urgently needed as. those only two will otherwise the it will not be a source of life but a threat to the local environment and people. that's it you're out today with the latest on the wall the business from will find us on facebook follow us on twitter on there as well have a c homefront is my handle thanks and if your company i'll be back tomorrow same time same place so you can.
12:28 am
a. woman. after. a dangerous legacy lurks in these. old missions from the first and second world wars. every day in northwestern belgium farmers find grenades many of which are still potentially explosive movement and every day a special unit goes out to collect and defuse these deadly weapons.
12:29 am
cars lawyer. car culture. hair. superman. superfood stylish daughter long gone don't let those. lifestyle during. the fold. or. sleep. use a chair fully. don't move the. to be.
12:30 am
discovered. subscribed to. documentary. oh and a very warm welcome indeed to focus on europe with me peter craven and across europe people have been commemorating the end of the first world war one hundred years ago on november the eleventh one thousand nine hundred eighteen known by some as the great war it was in fact an unprecedented humanitarian catastrophe that left many millions dead or may.

21 Views

info Stream Only

Uploaded by TV Archive on