tv Business - News Deutsche Welle November 12, 2018 12:15pm-12:30pm CET
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to me if wes came to us and italy was to default how bad would that be for the us could handle. you know as you say i think the fines is the least of the issues that i think there are unlikely to be to be implemented the real problem is how sustainable is tell you that and also from the budget perspective where is growth really going to be i mean my suspicion is that growth turns out to be a lot lower than the italian government suspect for two thousand and nineteen probably their zero point seven percent rather than the one point five percent of the speak about but the real concern that you hit the nail on the head is absolutely where it lead to the fold this is a problem not just for italy but for the rest of the euro zone and potentially the world because it could of course. further growth slowdown that could potentially manifest itself into another global recession so a real problem not just for italy but for the euro zone and the rest of the world now just briefly if you would because government sources in rome say that it is economy minister might reduce the country's g.d.p.
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estimate for next year in order to convince brussels that italy can actually afford to take out more debt is that a workable plan. well of course as you lower the g.d.p. part that means the spending part of that as a percentage of that becomes becomes even greater so i think what's important is they find a way to acknowledge that girls will be lower it has to be realistic i think it has to be lower than they currently forecast but they also need to find a way of either reducing or pushing out their spending plans and i think that's potentially the most likely if you think about the two major initiatives universal income and the reduction of the retirement age the likelihood of that being implemented on the first of january is becoming increasingly unlikely so the longer that takes to work through the pipeline the longer it takes to be implemented the better chance of their deficit optically it looks better all rights that chief market strategist and head of macroeconomics that's rick insurance thank you so much. another year another record for the shopping holiday on november the eleventh or single stay the chinese e-commerce
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giant sold goods worth one billion dollars in just eighty five seconds in total customers spent thirty point eight billion dollars up twenty seven percent from last year's single day the event was kicked off with a gala featuring u.s. and governor ryan carey and a japanese young sea impersonator a staggering one hundred eighty thousand international brands took part in the shopping spree by offering discounts on websites owned by ali baba single stay now surpasses the black friday weekend in the u.s. as the world's biggest sales event. you're watching news coming to you live from berlin more coming up at the top of the hour see you then if you can.
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one teenager not forgot to w.'s november focus. when second was in high school few would have predicted he would go on to a stellar career as a mission all star chef. moving piece of whenever i hear the words you can't do that it motivates me it makes me think it's watch me. his latest project is an ambitious one a gourmet restaurant that employs people with and without disabilities. a project that first met with widespread skepticism. on car lots of people said you can't
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make high end gastronomy inclusive but that just made me think why not. pass the project succeeded we accompany the chef for six months to see how it develops. every twenty seventeen said has given up his job as a chef and initial start restaurant near high pan in southern germany to start his own business he'd long dreamt of running a go may restaurant with a team made up of refugees and people with disabilities an idea that was as unusual as it was experimental much like said khan's menus. this would create introduce a feeling after the last of the in the kitchen is east meets west and because of my roots where i grew up somewhere where i live it's important for me to connect these cultural dots. spiritualists which is a quick look at some point i realized it's my background that defines me and my
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cooking. also but his background is also been an extra hurdle in achieving history his father adnan works in a pre-arranged his mother as easy as a housewife both came to germany from an italian as guest workers who may cuisine had no place in their lives they've always cooked traditional turkish food section now takes those traditions and puts his own spin on them but not in his mother's kitchen. as a businessman if she's making a ragu or a goulash and i say what about using less meat then you have more heat in the pan then she'll say fine leave me alone i've been doing this for twenty years i know what i'm doing mama cooks better that's why. i'm used to your food is good chance god has a stunner. i don't read much of his food. it's not your style it's not my taste.
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with my dad it's a case of what you don't know you don't miss where dad doesn't know he doesn't eat . well you haven't even much of his place but he's not a bad cook that you think he's very good. second sometimes cooks pulque much to the consternation of some of the family's muslim nathan's while the microphone marked. you know i was asked if we could afford it in the same pan use for other me. trying to but i understood class two but i didn't i just said no we have two different kitchens and one of them have pork and another for everything else which of course isn't true i will. but it was an issue at the beginning now and then most muslims i'm going to father wouldn't talk at the restaurant and i was a long ass as long as he doesn't notice it's ok i'm. sure that it's.
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