Skip to main content

tv   Business - News  Deutsche Welle  December 7, 2018 6:15pm-6:31pm CET

6:15 pm
egad has said she will not contest the country's next federal election meaning come out of good become job and chance that in the future. and that's it for me under thought she might be due to the news business is coming up next the coughing meeting in vienna has agreed to cut production and the price of oil or video reacting dozen more coming up with monica jokes. earth home tunes of species the whole world seems to. see as much as on those are big changes and most start with small steps globally
6:16 pm
two years tell stories of creative people and innovative projects around the world like to use how to convert news to green energy solutions and reforestation. they create interactive content teaching the next generation about environmental protection and more determined to build something here for the next generation global one zero zero zero multimedia environment series on g.w. . the opec oil cartel wrapping up a meeting in vienna reportedly agreed to a proposed caught in global oil production by a total of one point two million barrels a day. also coming up a way executive waits to hear if canada will extradite her to the united states as europe joins those. pressing worries about the risks of the tech giant's products.
6:17 pm
and german companies turned their backs on china we'll take a look at why they're moving production back home. welcome to the business iraq's representative at the opec meeting says the oil cartel has agreed to a proposed cut in global oil production by a total one point two million barrels a day the proposed cuts would be made up of eight hundred thousand barrels a day from opec countries and four hundred thousand barrels from normal opec nations it comes after sanction battered iran signaled its willingness to cuts cuts and after opec had coordinated with nonmember russia the cost is in line with the one million to one point three million barrels a day expected by analysts. correspondent
6:18 pm
it says the view from frankfurt. one point two million barrels per day that isn't a huge sum but it should be enough to at least put a bottom to the price of oil and not have it drop much further to put it into perspective a little bit one point two million the u.s. alone has in the past year or ranked up its oil production by two point five million barrels so it isn't much however considering how much the solution was downplayed yesterday it was a bit of a surprise to markets so and so the oil price jumped almost five percent on the. japan is the latest country reportedly planning to ban government purchases of telecoms equipment from kuwait and another chinese companies e.t.e. over security concerns meanwhile among one shoe the way c.f. who was arrested on saturday is scheduled to have a bail hearing later today. in a few hours. time and one jew will find out whether she'll be extradited to the
6:19 pm
united states or set free canada as arrest of one of the highest ranking executives that huawei has placed the country in the middle of a complicated dispute between the u.s. and china. i can assure everyone. here is that this must be the case but politics is already at the very center of this case man was arrested on charges of helping huawei to violate u.s. sanctions on iran allegations beijing tonight as. well as one of the permanent members of the u.n. security council china over strictly and earnestly implements the resolutions it passes. china also opposes any country imposing unilateral sanctions on others outside of the u.n.
6:20 pm
ses framework. this isn't the first time huawei has come under scrutiny from abroad in the past u.s. lawmakers have described the tech giant as a threat to national security saying its technology could be used for spying other countries including australia new zealand and japan appear to share those concerns addressed banned or are mulling bounds on huawei products but the timing of this case is especially sensitive just last week chinese leader xi jinping and u.s. president donald trump agreed to a ninety day truce in their months long trade dispute it's now looking on shakier ground than ever. we spoke to a director of the center for international economics in munich and i asked him whether the fears about ways to justify it. i would say so yes we hear a lot about the trade balance of course and it is true it's negative and massively
6:21 pm
negative but it's also true that the united states and china fight a proud new technologies and we will see more of that for decades coming up this is probably a struggle that will define the next decade of the episode we're living through today so the tells us how important that is on both sides of the trade story to that is only one pod what we're talking about you know the role of the leader of the world of tomorrow and their battle is going on so we'll be very interesting to observe very interesting to watch what's going on the. german companies aren't immune to price pressure many have shifted production lines to no cost countries in asia particularly to china but now some of them are bringing them back home again thanks to automation. here a vacuum cleaner rolls off the line every fifteen minutes the german family business of electra star is back in production on german soil soon electra's star
6:22 pm
hand in hair dryers will also be manufactured here again managing director roman core of i is banking on the value of products made in germany she wants to have our production removed from china and returned to germany. twenty years ago when we began producing in china and the experience was positive we have been producing high quantities such reasonable price and quality but the time has changed we are now forced to produce smaller batches. individual products. not only are niche markets becoming more and more important but most of the electorate stores customers are in europe. from china it can take up to eight weeks for deliveries to rife but from here it only takes a few deaths. the model train may come now clean has also brought its manufacturing back from china but the reason it's easier to produce small quantities in higher quality from germany. because it will not be
6:23 pm
three feet i think it's very important that the trains our engineers develop and design can also be built directly here at the same place. and we are now able to optimize the process through automation and create ideal conditions for producing our trainees standing for an. automation is helping the able the return of domestic manufacturing robots to the rugged work at mclean replacing much of what the workers in china did they drill mill and file away irregularities and the company saves on labor costs. then the detailed work can be done by skilled workers. in a few weeks electric star plans to move its vacuum cleaner production into a new building the company needs more space after their withdrawal from china here to technology and automation are expected to ease the manufacturing process.
6:24 pm
the workforce will become more efficient and one person would be able to produce more output due to the help of its elegant to systems of partner ultimate ization. so i think in future we will have more or less the same amount of workforce but which will be much more productive for every german company that moves its operations abroad to are now coming back i trend that is set to continue . millions of tons of television fridges and smartphones end up in ghana each year where they're taking apart for scrap but many of the materials are recycled in surprising ways. this is one of africa's largest waste scrapyards. located on the outskirts of ghana's capital accra it's often called hell on earth
6:25 pm
is. toxic it's filthy and it stinks. every day terms of discarded electrical appliances cars and scrap metal and up here much of it comes from europe it all gets dismantled and then either broken down into roll materials are processed on the spot. jugs of cold or has a big job to do so he's making a mold out of sand. then he'll melt down an old engine part to pour into it to form a cooking pot. it takes time for the aluminum to melt. joseph kogo is happy with his work here. kogo says he can get his material supplies any time he needs them. when he's sold out he just goes out to get whatever goods he needs to start work again. he says that makes his work very easy for him.
6:26 pm
to short time later the potters don't have to deducting the cost of the material and rent for the workshop joseph earns around twenty gunnin c.d.'s for this medium sized pot the equivalent of three euros fifty he can afford to pay two employees. he's doing a thriving business as many others are you know. the waste dump operates much like an ounce nest everyone has a job to do and they all work card anything that can be reused is repaired or greek it jeezy who came from nigeria specializes in laptops and works wonders with them starting a business like this back home would have been too expensive. jersey
6:27 pm
says africans use things as long as possible where in europe they're thrown out quickly and he says when things finally break down and die in africa they get brought back to life again here in this workshop old air conditioners there awaken to a new life. some resurrected has found. building a t.v. antenna here is no problem either anything you could need can be sourced here. and there's no cash deposit needed on these old soda and be accounts. which are melted down instead and will reemerge as cooking pots to be sold. this is the w thanks for watching.
6:28 pm
one. more. living in the conflict zone honestly of us not what impact our tensions between ukraine and russia having on people's everyday lives. as old fears are stoked. to people there still have hope.
6:29 pm
next on d. w. . time for an upgrade. how fun it sure there grows on white. house with no. gore design highlights you can make yourself. tips and tricks that will turn your whole special. upgrade yourself with d w's interior design channel on you tube. a continent is reinventing itself. as africa's tech scene discovers it's true potential. inventors entrepreneurs and high tech professionals talk about their
6:30 pm
visions successes and day to day business the difference. it's in the history you know everyone. this is the mathematician that i took a. digital africa starts december twelfth on w. o n a very warm welcome to focus on europe with me peter craven and we begin with the tensions that are once again running worryingly high between ukraine and russia only a few days ago just off the crimean coast a russian coast guard ship or rammed a ukrainian navy tugboat close to the bridge over the cash straight as free ships
6:31 pm
were attempting to enter the sea.

41 Views

info Stream Only

Uploaded by TV Archive on