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tv   Business - News  Deutsche Welle  November 16, 2018 12:15pm-12:31pm CET

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on the. one hundredth korea top so we think. you're watching t.v. news still to come we'll find out how kids are coding their way out of poverty in south africa is coming up with crystal in business. and all that and more business news in just minutes of course to get all the latest news and information around the coffee including business phone our web site d w dot com thanks for being with us. how about taking a few friends could even take a chance on love. don't expect happy ending. the church.
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climate change. waste. pollution. isn't it time for good news. for go people and projects that are changing our environment for the better it's up to us to make a difference let's inspiring a child or. the committee for the environment magazine. long d w. the pound is down and up new volatility for the british currency as brant said turbo all takes its toll on starting also the program kids in south africa look for a better future writing computer code.
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or business on christopher kober welcome to the program as british prime minister theresa may forges ahead with her brags of plans the pound has gained half a percentage point on friday clawing back some of its losses after a substantial slide overnight traders have feared the political turmoil could see the u.k. crash out of the european union without a break the deal sterling's volatility is the highest since twenty sixteen it's lost more than two percent against the dollar since tuesday old grandma made came to a preliminary agreement with the european you've business owners fear that without a deal in place supply chains might abruptly be cut when britain leaves the bloc in march not despite the mounting opposition to ms mace proposal some british companies see it as their best hope. the prime minister is desperate for a huge and damaging side of the deep deep misgivings they all seem to have a beef with teresa mayes draft breaks
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a plan. but business owners see it differently. it's going to be straightforward and simple if the deal was the deal there's a lot there's going to be some problems. those problems might look like this a long line of trucks good sitting still costing money in time a disaster for any firm but the current arrangement would give businesses time to adjust to the post breaks it landscape at least until the end of twenty twenty that's because the u.k. would remain in the e.u. customs union until a trade deal is in place and it would abide by e.u. regulations that means goods traveling across the border won't run up against tolls or inspections business will keep moving more business leaders are speaking out in favor of the draft including the c.e.o.'s of air bus and major trade groups their take questions remain but the draft appears better than no deal parts of the draft are still difficult for some to swallow the city of london will be limited to offering financial products and services already found in the e.u.
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it will still have access to the market but the same access as other countries but certainly at that does not appear to be anything within that three paragraphs that would appear to offer the u.k. financial services a better relationship with the e.u. then perhaps a battle the u.s. and that's why many financial institutions have moved some of their operations to the continent. for more let's bring in our meeting is jeff economist of bear on bear bag in london and he joins me from frankfurt today all of our what's been the word in the city of london in regards to teresa mayes bragg's a proposed. i think the word in the city of london is largely let's get the deal done this may not be the best of deals but it's much better than the alternative of chaos now as this deal has been welcomed not only by the financial sector but also by other business leaders doesn't prevent banks and other businesses from pursuing their contingency plan c. that the prime minister and her plan don't seem to have the political goal backing
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. at the moment of course contingency planning has to go on nobody knows how this will end we see the chance of eighty percent that in the end the newbie to heartbreaks it will be avoided but it is a tight issue of course banks need to continue their contingency planning and under almost any breaks it a few things will have to move to the continent anyway how likely would be a second referendum i mean ms may is obviously opposing it but then the political pressure on her is mounting i think the chances of a second referendum are about twenty percent at the moment there is a lot of uncertainty in london but faced with a choice between this deal and the unpredictability of the situation if the deal is rejected there is still a good chance that the recently would get this deal through parliament for which of course she would need some opposition support not a let's consider there will be
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a bracks of one way or the other how much are other countries going to be interested in striking a trade deal with the u.k. seeing that there is also the e.u. of twenty seven countries. the u.k. will find it difficult to strike significant trade the youth with other countries in the u.k. will probably basically be able to extend the current deal that it has with other countries through the e.u. to change and extend these the years so that the u.k. on its own has similar the years with other countries but for the u.k. to expect to get very very different or even more at the end table as deals with third countries then the need it has now through the e.u. with the word that is a very very difficult if the u.s. on the trump negotiates with the smaller u.k. i don't think the u.s. will be all that lenient despite all the history of special relationship obvious meaning chief economist of baron burbank thank you for talking to w.
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. you're welcome to south africa now where schools are rushing to add computer programming and other high tech classes for their curriculum after all educating children in fields that are seen as growing in importance is seen as a promising way out of poverty and this coding clubs become increasingly popular some youngsters have found their own way to find out who's got the best skills. it's two pm on a wednesday in the south african township of i report just a few kilometers from pretoria a few dozen fifth graders are back at school armed with basic coding blocks laptops and endless imagination competing against each other many of their ideas are inspired by problems they've experienced within their communities. we've heard in the news and in the newspaper that children most of the time i getting lost so he
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came into an idea of saying to stop this maybe we should come out. and then she wanted to be able to keep the children safe and to keep the parents miss concerned about their children ceased i hope that that can be able to. help people. see. kids working to build an incubator the talent here is amazing and the government is catching on in september the south african ministry of education said it would get behind the concept of coding clubs after kenya and botswana have developed similar ideas for now the high tech classes are mostly run by n.g.o.s. since changing because they need to move. their way forward so we also need to create the. move forward into the fourth.
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year of what the world economic forum estimates that more than half of all jobs in twenty twenty two will require new skills many of them related to technology coding specifically will be the foundation of careers in fields from science to engineering and financial services. for some of the kids and i report their local coding club could be a real door opener. so we see having the right skill set is essential to get you and your business ahead a supportive environment certainly can make things easier the barbarian capital sofia has been proving to provide such a business friendly landscape it's become a hot spot for startups and a growing number of them are women we caught up with two of the. this basement in the bulgarian capital sofia is where it all began angela even nova works in a photography and printing store her friend illustrator gonna start she gets her
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work printed here. they decided to write a children's book together. but they got stuck in the middle of it. and we want to make hope will. combustible you know clean free and we started looking into the actual process how to print it we couldn't find lamination that is impossible and toxic free or anything like that anywhere in bulgaria we started looking for companies outside the bulgarian europe going to find there as well. so they teamed up with a friend to start their company. in a print shop the first prototypes of their biodegradable laminating films are being made it's a one hundred percent composed of a bio polymer. sophia's becoming a breeding ground for startups a number of e.u. programs provide funding for initial investments. the fledgling companies often
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settle in co-working spaces like beat a house that rent out office or studio space to fashion companies software developers and other startups sofia's been called europe's silicon valley there's plenty of potential says beta houses chief operating officer we have very good software engineering talent in the country so you've seen so many companies companies open their offices on salaries here in. and. you know the. government there you know you know very competitive more than twenty percent of startup founders in bulgaria are female like these two women next year they hope to launch their composed of all print products on the european market. and parents people are celebrating the launch of this year's bushel lenovo wine season according to french law the young wine is presented on the third thursday in
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november. might not be france's most sophisticated wine but this year's vintage is said to be excellent and rizzi and wine sellers are presenting the new. also. it's traditional some two thousand wine makers in the region produce what they call aromatic and call full young bush on the walls are not french red wine is left of a member for only around four days and still vats after its last crust. for those who can have that said from me on the business team member here thanks for watching.
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take off like. football is a simple game football a simple game. not really trying to manses a ball for ninety minutes. let's talk a. little bit. it's difficult to understand if we give you the
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answers at least. live i just wish double wave quadriga international. talk show before journalists discuss the topic of the week how can it be that the richest one percent of humanity owns more than all the rest put together the c.e.o. of a leading fashion retailer owns more in a weeks at a bangladeshi seamstresses a lot start to come back such injustice financial one hundred. quadriga sixty minutes on t w. they are digital maurier's. for women for internet activists one
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mission. the battle for freedom and dignity. against repression and violence they deplore the powers of social media. their messages are so ready like wildfire and thousands of followers are joining the call online and on the streets . they know who are changing the world. digital lives starts november twenty fifth on the thing w. . a born in munich in crisis slayer on russia match under pressure is this the end of an era. her nyssa is really in again are they losing control so much to talk about a little time. by and not used.

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