tv Business - News Deutsche Welle November 28, 2018 4:02am-4:15am CET
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the u.s. says the outlook is bleak for this week's g. twenty meeting in britain as itis and as europe and china seek more common ground as free traders u.s. president donald trump says u.s. import tariffs might soon include chinese made laptops and for us also we take a look at the price of coal mining communities are paying for china's efforts to clean up its air pollution and the indonesian capital jakarta is trying out a bike sharing in an effort to reduce the nightmare traffic that's clogging up its city royals. i'm christopher kober welcome to the program could this be the end to the us chinese trade war according to white house economic adviser larry kudlow president trump is open to a trade deal with china at the same time mr trump is ready to hike terrorists on
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chinese imports should there be no breakthrough chinese vice premier a new head is warning of consequences during a trade summit in hamburg he said rising tariffs could lead to a recession you said existing problems could be solved without creating additional barriers and he reiterated china stance that there are no winners in the trade. well for more let's cross over to our correspondent quarter in new york donald trump is due to meet chinese president being on the sidelines of the g. twenty summit this week what do people on wall street expect to come out of it seeing that he's already musing that terrorists could soon hit chinese made laptop and mobile phones. i mean nobody expects that there will be a deal any time soon or the best outcome for the g twenty meeting might be that the united states and china might start formal negotiations so that probably would
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be the best case scenario in an interview here on tuesday u.s. president donald trump said and i happen to be a terrorist person so that doesn't sound too. friendly at this point and he also said that he is also thinking about putting tariffs for i phones and computers as you mentioned probably in the amount of ten percent if that's going to happen and the u.s. president donald trump has the opinion that ten percent tariff let's say on i phones would be manageable for u.s. consumers now speaking of an unfriendly sentiment general motors announced massive layoffs yesterday and now donald trump is threatening the company bring us up to date here. yeah u.s. president on trump is threatening to actually cut all subsidies including subsidies for electric vehicles to general motors and we did see an effect of the
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stock of g.m. traded down by a good to two and a half percent so obviously the u.s. administration not happy it was the announced layoffs we will see how general motors responds but the threat of no more subsidies for the biggest u.s. car manufacturer that certainly also had an impact on wall street and yes do automotive sector players see these job cuts as science of worse things to come. it's certainly too early to tell but there is an easy and it's said we did not just see the stock of general motors under pressure but also of chrysler ford also losing quite some valuation so yes that is the big debate here why is general motors doing those mess of layoffs might it be because g.m. sees a cooling of the u.s. car industry for next year so that's one of the big debates here on wall street and
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scored in new york thank you so much. the chief economic advisor of european insurance giant alliums says crypto currencies are here to stay and according to news agency bloomberg nast act is moving ahead to this bitcoin futures as early as the first quarter of next year now these news may come somewhat as a surprise a script of currencies like that going have done little but tumbling lately some say they are facing an existential crisis with only the most hardened risk takers staring to touch the. pieces has some on twitter have to pick to what's happening behind the scenes during the ongoing bitcoin crash although these images are not actually connected to bitcoin they nonetheless serve to illustrate how dramatic the new dates for some right now. across the board digital currencies are flailing big coin has lost seventy eight percent since the beginning of the year
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ripple has lost even more and a fairy m. and bitcoin cast have dropped more than ninety percent each. a year ago big calling was the talk of the town people watched excitedly as the value skyrocketed to twenty thousand dollars banks started working feverishly to build a digital currency infrastructure. but the plunge in value seems to have hopes is it not game over for crypto currencies will they not be an accepted as a class after all some die hard crypto analysts remain confident they believe digital currencies will rise like phoenix from the ashes as they've done many times before others say their value has always been zero making them still overpriced. some troubling news for the environment the united nations is sounding the alarm
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that the gap between greenhouse gas emissions and levels needed to achieve the paris climate treaty temperature goals is widening after three years of progress in lowering c o two emissions twenty eighteen has seen a jump stemming from the energy sector according to the international energy agency the atmospheric concentration of c o two has increased dramatically now national carbon cutting pledges from the twenty fifteen paris agreement have to be tripled in the coming years according to the u.n. and vironment program. china has been called the worst polluter in the world but the government is trying desperately to ditch that day even if it means curbing economic growth this week the government in beijing promised to step up its war on climate change in china's northern coal heartland dozens of chemical plants have already been closed the people there have been breathing a little easier but the region has paid a high price. the city of jin chiang has
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a poor reputation in china it's one of the most polluted cities in the country it's skyline peppered with mines coal processing facilities and heavy industry plants according to data from the ministry of a college and environment last winter jim chiang failed to meet government targets on cutting damaging pollution as a result dozens of mines and factories were forced to shut down. local shephard mr gal says the measures have improved at quality your short ford or used to burn and stink everything was polluted really burned then stay. closing the mines and factories however has sent shock waves through the local economy unemployment is high here the problem is common across china's coal heartland cities struggle to strike a balance between environmental concerns and keeping their economies afloat many
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here are critical of last winter's smog crackdown factories were forced to close whether they'd implemented pollution controls or not this year beijing has promised to be more business friendly gin chang however is unlikely to enjoy any leniency because of its past failures. so i can see that all many cities here in the region rank the lowest in the country when it comes to environmental law enforcement and information disclosure that this means the ability to implement lawsuits regulate these in the street is very weak. now the local economy is placing its hopes in gas rather than coal the area is rich in me saying which can be used for heating and it will provide jobs to china is determined to reduce its dependence on coal by twenty twenty coal should make up fifty eight percent of total energy use that's down more than ten percent trail transport experts the
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emission free service will help combat air pollution and traffic congestion in the capital the aim is to support the public transport system by solving the issue the first morrow of the last. two cars as national monument park in the heart of the indonesian capital is offering a new attraction bike sharing during the initial trial period one hundred bikes are available free of charge from seven stations dotted across the park users install an out that shows them the position of the bikes they then scan the q.r. code on the bike to lockers again using the app so far the response seems positive . and i don't believe this is good because it could motivate people to stop using private vehicles and become healthier by riding a bike. would be. to have bigger besides to car surf
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a company offers the service on the island of bali a popular tourist destination it's teamed up with hotels and local stores to offer the service for seventy cents an hour but as it says locals make up its main target group. to provide first and last mile transport tourism use is only an additional benefit. but it's hoped the bikes will encourage people to use public transport by helping them move easily between their homes and the nearest bus or train stop. and quality analysts are also likely to welcome the new arrivals after all carson is among the top ten most polluted cities in the world. well i'm off to get my own bike and get out of here go home if you want more from us in the meantime do go ahead and check out our social media feeds or our website that steve w. dot com slash you have yourself
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not laughing at them well i guess sometimes i am but i stand up and wave. of thanks deep into german culture looking at the stereotype the question to me is think the future of the country that i no longer. needed to take from his grandmother. to me it's all about ok. i'm rachel join me for me for gems on the w. . coast. her first day of school in the jungle. first clue melissa. spent doris crane moment arrives to. join during a tank on her journey back to freedom. in our interactive documentary. trying to tame returns home on d w dot com tang's. birth
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place home two moons of species. a home worth saving. those are big changes and most start with small steps the ideas tell stories of creative people and innovative projects around the world would like to control the goodness to stop british solutions and be forced into. the current interactive content teaching of the next generation about environmental protection. using all channels available to inspire people to take action and more determined to build something here for the next generation the idea is the environment series of global three thousand on t w and all none.
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