tv Business - News Deutsche Welle December 14, 2018 12:15pm-12:31pm CET
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you're watching the wu is coming up ahead a privately finance rocket ship is reach the body of space for the first time or to the urgent get lactic fe they believe it will be able to take tourists to space and then we are correct theah. that story and more coming up with god and frankly standing by for you die thea. natural riches limitless precious resources. and a rewarding investment. farmland has been called easy your views green gold the country has an abundant supply and leases it to international giants. the government is after high export revenues and the corporations high profit margins. but not everyone benefits from the booming business. mix creation
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environmental destruction starvation and. the selling out of the country dead donkey line. starts december twenty ninth on t.w. . a room. at. the finals from to add another successful test flights for virgin galactic how billionaire richard branson wants to make money with space tourism. no budget no finance minister go quiet for what the reforms wanted all the eurozone is checked. plus offering you cold allowed cities to know their business levels themselves well next fall be a battle a battle diesel and. jane and the car owners who bought them.
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this is eat up your business and get out of his in berlin welcome there's money to be made everywhere even in space and that's where virgin galactic is looking for business richard branson spaceflight company has carried out another test flight this time it reached an altitude of eighty two point seven kilometers that's above the height at which space is considered to begin the company's name making such flights routine and economically viable for tourists. to space and back for upwards of two hundred fifty thousand dollars ticks latest test flight from the mojave desert marks another step forward in opening up space travel to the paying public i think back to the early years of commercial aviation and you know a flight across the atlantic actually cost in adjusted dollars around one hundred thousand dollars at one point and now you can buy a ticket across the atlantic for about five hundred dollars so you know often these
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products will start off at a somewhat higher price point but those higher price points are really helped drive the market forward so that we can eventually reduce the cost over time and enable more and more people to experience the wonder of space. the fourth test flight of the space ship two passenger ship follows years of setbacks for the project including a fatal crash in twenty fourteen despite the accident british billionaire richard branson remained confident of being the first to send tourists into space we now have a space that is capable of going to space we'll do more test flights and we'll learn something from each of those test flights then the whole program moves to new mexico to a beautiful spaceport we have there i will go up and then after i've been up. paying passengers who want to become astronauts will will follow. soon says he's aiming to achieve his dream of being on board the first commercial spaceflight as soon as next march. back to earth paris brussels madrid
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each has been pushing for tighter emissions standards that means against an effort by the e.u. commission to loosen nitrogen oxide limits on the use general court in luxembourg. instance sided with three cities and that could mean trouble for the drivers even the most. madrid is sick of polluted air much of it from car exhaust so the spanish capital has imposed driving them to allowing only residents cars taxis delivery vans and electric cars in the city center and restricting other vehicles especially older diesel models new diesel engines are subject to europe wide euro six emission standards but in twenty sixteen the european commission relaxed the limits for a transition period new diesel models were allowed to emit not eighty milligrams of nitrogen oxides per kilometer as originally agreed but more than double that the commission justified the rise with margins of error in measuring technology madrid
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along with paris and brussels to challenge the rule change and now the e.u. is general court has upheld the city's complaints the court partially an old what it called the commission's excessively high nitrogen oxides emission limits and gave it a year to amend them stricter limits could now hit drivers of new diesel cars they too may soon find themselves barred from a number of european cities. i'm not in the studio by peter mark he's the managing director of the international council on clean transportation that's the organization that uncovered the diesel. what does yesterday's verdict mean now i think we won't see any direct effects right now because it can take a few months or even years until the court decision really goes into effect but then ultimately i think the european commission will have to definitely better justify the emission limits and maybe even take them back and make them more stringent and that could mean that even some of the most modern diesel cars would
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be extra. it from going into cities and i think that will have a direct effect already now because i think many consumers will more or even more lose trust in the use of technology then that's already the case but what would you tell consumers who've just bought a brand new diesel and now this it depends very much so there are a few diesel models that are really clean also and various driving conditions so those vehicles probably would still be fine going into in a cities but there are already some because which meet the latest euro d. temp standards but just like barely and would be then again excluded from going to cities it depends very much on which vehicle diesel is a vehicle you bought so basically you would say to people just do not my ideal car right now if you want to be on the safe side probably better don't buy a diesel at the moment or at least pay really close attention and maybe force your car dealer to give you a guarantee that even in five years time you will still be do able to drive if they knew that that legal decision is that technically feasible full for
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carmakers to reach those tough limits yes it is so if i interpret the decision correctly then the eighty milligrams limit that's actually valid for the laboratory would also apply for the real world and there are some recent diesel models that meet that target also on everybody conditions so technically it's possible even with the latest technology and definitely with gasoline and electric vehicles but it's a bit expensive so if you really want to make the diesel technology clean as it is the case in the reason because you have to put a lot of technology into the vehicles and then they get less cost competitive compared to hybrid or electric vehicles for example is the usual that it's not dead yet but i would say yesterday's decision is like another nail into the coffin of the diesel technology there's less and less people buying the diesel technology because of all these uncertainties so in germany for example the market share decreased from fifty percent to thirty percent just within one year basically. peter mark mershon director of the international council on clean transportation
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thank you very much for joining us in the studio to death the e.u. council is set to approve a slate of fiscal reforms for the nineteen nations who share the euro currency but lack a common monetary policy the euro zone reforms will expand the role of the european stability mechanism the bailout fund created during the euro crisis in twenty two the d.s.m. will now be able to conduct its own review of member nations financial health and intervene earlier to fix a reform don't go far enough and many sidestep issues like a common budget and finance minister measures promoted by french president obama and i call him the flush of his twenty seven thousand election on pro europe. so is that really enough joined by les you're to see from the brutal think tank joins us from brussels unless you're no budget no minister just a vague promise a look at the issue again that's how they want to call want it raw. absolutely this
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falls short of a man will micron's the grand plans or when he won the election in france i think his strategy was first to show that he could reform france and take those painful measures in really fixing the french economy and then having a strong ally in germany and reaganite in the franco german engine now his first problem was with the german elections and out of that process under a medical came out as a somewhat weaker leader than she was before and so major reforms were not possible and seeing this now emanuel macaronis is somewhat rolling back on he's a grand scale promises at home of reform and this spills over or such european level the nerve the germans for example are all told also the dutch were against the euro zone budget or eurozone finance minister what are their main arguments.
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i think the main problem to simplify a lot of the ideological camps is that you don't want to share fiscal responsibility to a certain extent with countries that you don't trust fiscally and i have to say unfortunately that the current italian government for example is proving this point right at the same time the opposite camper would say you know we share a currency so we already share a lot of lay abilities and when a crisis hits if it even if it hits just italy or france this spills over into germany and the netherlands alyssa chelsea thank you very much for this analysis thank you. in the u.s. two senators are calling for a bipartisan congressional investigation into the following reasons money laundering allegations against germans because lenda democratic senators say they
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want to dig deeper into the banks compliance issues and its relationship with foreign led this is also one of the biggest financiers off donald trump's business interests the senators made the request in a letter to the banking committee they say recent allegations raise serious questions about national security and criminal risks posed by do it yonks u.s. operations among them are two recent money laundering allegations the first a connection with danish lender done to get bank who's a sony and branch laundered billions of euros from russia a whistleblower testified that georgia handle transactions going to the u.s. and just weeks ago a raid on deutsche bank's frankfurt offices part of a german investigation into money laundering in tax havens. the specter of yet another inquiry up the pressure on deutsche a c.e.o. christian saving investors have applauded his moves to return the bank to profitability but there's a feeling saving is saddled by the mistakes of his predecessors. and there's still
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other concerns about the u.s. congress the house of representatives could push for torture to disclose details on donald trump's accounts there democrats assume control in january just one more worry for an already beleaguered institution. and that's it for me on the business team here and there's more news out the top the next up and kick off the doubles football magazine and if you're a. fan you bet it's you know just off the world markets thank you very much about.
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a. week off like the football is a simple game football a simple game no not really not complete two majors a ball for ninety minutes and. mr mexico let's talk about it so even if you know there are a lot of good teams it's difficult to understand we will give you the answers at least. on. live from i just wish double wave montreal international talk show for journalists to
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discuss the topic of the week justice conservative party has a new leader and a great crime karmakar approaches a as chancellor angela merkel she could wind up succeeding her mentor as head of the government what is the. this it changed me for examination and the result joining us one quick recap. quadriga sixty minutes on. the edge of a. door linked to news from africa and the world join us on facebook d w africa. time for an upgrade. how about furniture that grows all by. a house with no roof.
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or design highlights you can make yourself. trends tips and tricks that will turn your home into something special. upgrade yourself with t.w. interior design channel on you tube. maybe go get a. heavy metal football is back out for us your dog wants to see him father is a man with a plan he's got to give me a sign show they like me i'll cast a can they go all the way to shift. is the fun is league it just a training ground for young talent how can delete change and keep those felons here in germany the big. boys.
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