tv Business - News Deutsche Welle November 28, 2018 2:15pm-2:31pm CET
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the best i could i just cut in zero four zero point zero zero walked in and must rest opinion that's exactly what german islam requires emancipated muslims who are not held back by tradition or the dictates of religion living freely and enjoying equal rights. chats with young women in their peril and cafe they too want to see an open minded islam. and for more of the german islam conference you can or miss check out our website that's d w dot com and do stay with us because helen i will be with you shortly with a business. i was issued when i arrived here i slept with six people in a room and then simmer it was hard but it's true. i even got white hair. learning the language tell me a lot this gets me a little but you need the two in truck loads of say you want to do their story
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lines her fighting and reliable information for margaret. i'm not proud of and they will not succeed in dividing us out i don't not succeed in taking the people off the streets because we're tired of the stick trying to show others. taking the stand global news that matters d. w. made for mines. at the. end of the banking stress tests this time on the holiday break as it conditions the bank of england checks to see how british banks would fare off to a no deal exit from the e.u. this is the british government warns that gregg's it will cause the country's economy to shrink also coming up in debt a chill. and learn how to run their own bank to protect to mistreat kids from
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feeling one. taiwanese turnaround why the audience scrapped it's time to phase out nuclear power. this is your business update on how to humphrey in berlin glad you could join me. well as the financial world waits for the results of the bank of england's briggs it stress tests the british government has come out with a stark warning of its own saying the economy would shrink by over nine percent over fifteen years in the case of a no deal exit from the european union now that only outs the anticipation for the bank of england's four calls for the same scenario unless they're all seeking to answer the following question so firstly how would banks cope a real estate prices plummeted potentially losing a third all of their value the housing market is especially important for sex if
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the british economy next and well connected to the housing market what if interest rates rise dramatically say from the current moderate zero point seven five percent all the way ops to four percent of finally what would happen to jobs according to some existing estimates a no deal heartbreaks it could see almost one in every ten brits out of work has got more on this now with our financial correspondent in frankfurt says following the story for us when he firstly tell us more about this start warning from the british government regarding brakes it. a stark warning indeed so putting the damage in the case of the no deal back sent out about to two hundred million pounds and that leads to a severe downturn a severe downturn in the economy and of course that would cost jobs that would lead to rising interest rates because. people lose confidence in the pound and the
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british would have to pay more for people to give them the debt and it's a stark warning from the government it does say though that if let's say you have a deal where there is trade possible without friction at the end the bill could be a lot less people in the markets including here in frankfurt of course hoping also probably many in the business world in great britain that in the end by by some miracle there might be a second referendum in a state vote all right stay with us week i want to get your take on this next piece of news and the european union is one step closer to imposing disciplinary proceedings against its in the office reportedly rejecting the country's offer to reduce its budget deficit targets the dispute centers on a sleaze plans to increase spending be on the level that the e.u. considered acceptable after weeks of chalky telling government offered to tweak its fiscal talk it's been italian media reports suggest that the e.u. believes the changes do not go far enough it's only could face huge fines if no
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resolution these firms. go back over now to eight francs so it would be with golf audience in the offing i mean all things likely to actually escalate that fall do you think. i think it's a two fold story first of all. you formulated that that way yourself the italians offered to tweak their deficit numbers and that if if that you commission got the same statements that i did then it was only a tweak that they were vaguely hinting at so if this fulfills the wishes of the e.u. commission i would be very surprised i would be very surprised if they did not take extreme measures including fines to the billions at the end of the road though and this is where the second part of the question comes and finance ministers in the e.u. have to nod off the session by the commission. as the political leaders in the e.u.
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and it's probably unlikely that they would sign off on fines especially as other governments like the germans or the french have been spared and in situations not quite comparable but a little bit like what the italians are facing analysis that from a financial correspondent one of the spots a front foot stock exchange thanks will. u.s. president stunnel chomp is ramping up the pressure on american conjoint general marches off to g.m. announced plans to axe of fourteen thousand u.s. jobs trump took to twitter to threaten to cut government aid for the comic meanwhile g.m. is sticking to its guns saying the cuts in necessary to ensure the company's long term growth. factories like this one in lordstown ohio were part of donald trump's plan to revive america's rusting industrial base. but now it and four other factories general motors plans to shutter won't be making anyone great again. since
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the announcement trump hasn't minced words when it came to g.m. taking to twitter he threatened to cut government subsidies for g.m. including support for their electric car program. g.m. does benefit from a tax credit for electric car manufacturers but it's already due to expire in the coming months and it's unclear what other subsidies if any could plan on cutting. despite the presidential pressure g.m. isn't backing down industry experts expect car sales to slump in the coming years and the automotive giant says the closings are part of its plan to adapt to changing consumer demand. taiwan will drop its plan to phase out nuclear power by twenty twenty five in a referendum on saturday a clear majority voted to keep using nuclear energy while renewable sources of being developed now need clean energy is known to create less effort ition
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a key concern in the referendum after the twenty eleven fukushima disaster many in taiwan turned against nuclear energy seven years later taupo to concerns have shifted to evolution and energy security for the country's high tech sector nuclear energy makes up about ten percent of taiwan's total town mix. well as bringing our correspondent in singapore now andrea hang joins me andrea overall what's the trend when it comes to nuclear energy in asia. it's been a growing trend in asia namely because a lot of these countries and these countries needing india thought this time even taiwan with its renewed enthusiasm for nuclear power they do see the benefit of having nuclear power as a clean form of energy for the medicine said every culture and even electricity are renewable fond of energy food to generate electricity in these
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countries so it is a growing trend in their region of course they're undermining concerns you mentioned them there of course how all essential a safety concerns being handled and are they well yes and no the where about whether they are being handled on not a lot of the countries. build still thinking of building a nuclear power plants most of them are going to the in china. there we're going to see about seventy to eighty more nuclear plants to be constructed over the next few decades. nuclear terrorism is going to also be part of that concern and shared by a lot of citizens in these countries and at the recent is east asian summit these countries and the delegates of these countries have decided to pursue and build a robust on solid regime office practices to safely use store and even transport
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nuclear power. within these countries and also have plans to prepare their respective communities with regards to the use of nuclear power in these countries correspondent and singapore good to talk to you thanks. the world's largest computer trade fair is to be scrapped off the use of dwindling visitor numbers at its peak see bit which took place in hanover every year attracted as many as eight hundred fifty thousand people but of late organizers have struggled to bring in more than one hundred thousand visitors that into has been keeping some major exhibitors away competition from all the big tech conferences around the world is going to be another factor behind the events tonight. and for more on this i'm joined in the studio now by our until tonight from business hour and i remember covering see that with you
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a couple of years ago i mean what should we make of this piece of yes no well i mean basically if you think about it i think those are experience there as well big kind of just failed to roll with the times i mean back originally when it came out it was one of the first and then quickly the biggest computer fair in the world detracted has risen eight hundred fifty thousand people but those days are long gone last year it only brought in one hundred twenty thousand visitors visitors and at the end of the day i mean you just can't stay profitable with those type of numbers no i mean that's in germany but in terms of the bigger picture is this something that we should take away from that well i think really the death blow of cib it was basically it failed to change with the times i mean it came out in the eighty's when really businesses were the driving focus behind electronics worldwide and even like back in two thousand and one when it was at its high mark of eight hundred fifty thousand visitors businesses were really driving the development but if you look at the big consumer electronics fairs their consumer electronics fairs i mean they're focusing on the consumer i mean it is companies like you know the
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fags like apple like facebook like netflix that are really driving the the developments in the market throughout the world and what we're seeing here right now is just that if you're only focusing on his business solutions you're not really on the cutting edge anymore that's why fairs like see as in las vegas or also the mobile world congress in barcelona really kind of eclipse a bit and i think that's actually why we're seen while this decision being reached today yeah absolutely certainly some draw for the exhibition holes that it had to fire until ten from the business thank you you thank. and that's it more news coming off you the top of the hour i'm helena humphrey mbali and do stay with us if you can i.
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a. woman. and she's leeway you. waiting for lifeline to syria. morning where are you in a quandary mentoring and. intrigue. brings them closer together. but in terms because they feel powerless to help. passenger and feel like i'm letting people down and items are what. they worry about the ones they slipped behind in. the. line of trying to be
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strong but deep down i'm broken. the war continues to haunt those flights from syria. and. i'm trying to reach them but nobody answers the war on my phone or to card trick starts december eighth on t w. every one of i'm doing other fun feel this have your own max we are covering lots of ground as usual so let's get right to it here's a look at what's coming up. twice as nice to german chapter.
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