Skip to main content

tv   Business - News  Deutsche Welle  December 22, 2018 6:15pm-6:31pm CET

6:15 pm
nation is discovered high in captivity in a village and since then she has tripled in weight and has regained a confidence. so scientists decided to release her into the jungle on friday all but immediately felt at home in the wild climbing high into the canopy to forage for food. thank you for watching please. enter the conflict zone with tim sebastian. i'll be challenging those in power asking tough questions demanding. as conflicts intensify i'll be meeting with kid players on the ground in the senses of. cutting through the rhetoric holding the conference to account facts the conflicts. conflict zone with tim sebastian. d.w. . and on demand.
6:16 pm
language courses. video and audio. anytime anywhere. w. media sector. for the fourth time this year the fed has hiked its benchmark interest rate up from two and a quarter to two and a half percent its chairman jerome powell cited the robust economic situation in the us a new as the reason for the move very much for two thousand and eighteen has been the strongest year. since the recovery since the since the financial crisis and during that period we've got low unemployment and strong growth and inflation still remain just a touch below. true percents donald trump was unhappy about the interest rate rise
6:17 pm
he thinks the hike will negatively impact growth but the federal reserve makes its own decisions on monetary policy you know political considerations have play no role whatsoever in our discussions or decisions about monetary policy we're always going to be focused on the mission that congress has given us we have the tools to carry it about we have the independence which we think is essential to be able to do our jobs it nonpolitical way and you know we are we at the fed or absolutely committed to that mission and nothing will deter us from doing what we think is is the right thing to do although the fed began raising that benchmark interest rate again three years ago step by step its counterpart in europe the e.c.b. has left it at zero since twenty seventeen. this will likely be the last hike in the u.s. for a while as well as economic prognoses for twenty nineteen are pessimistic eroding
6:18 pm
profits would make companies more dependent on credit that just grew more expensive . stock markets in the u.s. asia and europe are feeling pessimistic about the move to they moved into negative territory after the rise was announced. one last photograph many coal miners remain true to traditions even as the decade saw dramatic changes in the industry at a miners' association event in november they said a final farewell to the community where the industry has always played a central role it was a moving moment between i'm hats and i'm a good man really hits you hard to realise that it's all coming to an end. a lot of the guys have tears in their eyes right now you know and. in the heyday of coal mining there were one hundred sixty three pits in germany manager you can click close to two of them. it's his third. and last. you know the other
6:19 pm
day when i was down the shaft i thought this is probably the last time you'll be down here with the crew the last time you'll come down to the coal face the world has really moved on but lower the miners will continue to descend the globe one hundred meters into the earth spirals here until the end of next year but instead of coal they'll be bringing up machines cables and old iron and most of the equipment will end up in turkey or china many of the miners are better that their machines are being sold off to competitors who will end up supplying germany with cheap imported coal. and this year good is the only minor in the german parliament the bundestag he worked in the bar top mine for decades and believes germany's move to end the industry is a big mistake. if you ended we're going to miss german blackhole one day out of the fact that we're no longer producing it in germany doesn't mean coal fired power generation will cease so we'll need blackhole from other countries and their prices
6:20 pm
will clearly rise and the standards that we introduced here don't exist in those countries he gets in and. the landscape is still marked by winding towers and coking plants but other companies also moved in here long ago the top is betting that by developing something new on the many areas once dominated by mining it will be able to secure jobs for the future. italy's budgetary conflict with the e.u. has been laid to rest for the time being as the government there agreed to curb its desire to take on fresh debt instead of two point four percent debt payments will now only make up two percent of the country's budget savings of ten billion euros italy is already saddled with far more debt than the e.u. rules allow and brussels unprecedented refusal to sign off on its budget had threatened to set off a political crisis and the block. the e.u. has agreed stricter emissions rules for the. car industry by twenty thirty the
6:21 pm
fleets of vehicles carmakers produce will have to emit thirty seven point five percent less c o two than they do in two thousand and twenty one that's considerably more than they had bargained with to meet the reduction target manufacturers will have to produce significantly more electric cars v.w. has already announced its new car production strategy it could end up costing around seven thousand jobs because electric cars are simpler to produce than internal combustion models. aircraft manufacturers towing and embraer want to collaborate in production for the civil aviation sector the u.s. based giant will acquire an eighty percent share of the new joint venture and its brazilian partner the rest the two hope the move will help them better compete and the rapidly expanding market for regional jets. but the deal is still subject to
6:22 pm
approval by shareholders and regulatory authorities in brazil and it's far from certain that it will be granted. it was an impeccably choreographed event designed to showcase china's transformation from an inward looking farming based society to the economic giant it is today president g.'s n. ping made it clear the country won't let others tell it what to do innocently veiled reference to a months long trade dispute with the us we had this to say. you go your job which there's no textbook of rules to follow for the reforms and opening of china. a country with five thousand years of history and civilization will create and with a population of more than one point three billion people no one is in a position to dictate to the chinese people what should or shouldn't be done. is china's economy is now the second largest in the world after the us it's grown into
6:23 pm
one of the most important export markets for manufacturers from all over the globe a true heavyweight in international trade the architect who laid the foundation stones for its economic miracle was deng xiaoping he became the country's leader in december of one thousand nine hundred seventy eight and subsequently left a lasting mark on the communist country's economy underhand private companies were allowed into china along with foreign investment then also created special economic zones in the four decades since china has changed in dramatic ways millions of rural workers have streamed into the country's megacities the gap between rich and poor has wound along with overall prosperity many more people here now earn enough money to spend on more than just simple survival i hope that china will continue to insist on opening up because clearly the opening that we have seen in the last forty years has been very beneficial for the chinese people and for the
6:24 pm
chinese economy. but hopes that a market economy would assure and more democracy and freedom have remained largely a loser a foreign companies complained that the state still has too much influence over trade or that its oversight is even on the rise and china has also paid a high price for the last forty years of rapid growth it was purchased in many parts of the country but the cost of the environment. shown schley bush is the factory manager at bottle printers a one hundred thirty person strong industrial plastics and class printing company in johannes. after navigating a recession and africa's most industrialized economy he now has to contend with a new problem mass power outages blackouts that stopped the machinery. the second time it's happened just this week because the major problem at production
6:25 pm
line basically outcome becomes a grinding halt for four hours state power company eskom blames the current situation on a backlog of maintenance and repair work it claims parts of the grid have to be shut down periodically or it could cause a complete power outage all over the country. i just wish there not generator that this will not happen running but the problem is that there's going to run off about back to. their capital outlay to have this to randolph thank you just like you can all make up but it's not the only infrastructure challenge the country is facing members of the south african national defense force were called up to help restore the crumbling sewage works in the vast south of johannesburg soldiers there are working around the clock to get the fifty year old sewage system up and running after a decade of neglect and vandalism disposes of sewage and recycles drinking water for several million south africans this units are dysfunctional because it's
6:26 pm
a local. operation and maintenance if they were maintained from the first time they installed them there would have been a situation they are now it's a poor governance basically you know it all it's up to what governments if their leadership must see to it the people desk up automate doing that supposed to do i think wouldn't be in a situation where. you know like they say if you start thought that. many are blaming south africa's woes on the scandal plagued tenure of former president jacob zuma. cars whizzing autonomy. underground at speeds of up to two hundred forty kilometers per hour that's a lawn musk's dream despite the slow start his vision is now a step closer to reality with the unveiling of his one point eight kilometer tunnel south of los angeles. so you can have as many channels as you want and i'm pretty
6:27 pm
sure everyone in the united states is not going to move to l.a. but you could literally book titles to transport everyone in the united states in a way there is no limits. no limits to his ambition at any rate this promotional video shows how must envisions the future of transport you park your car in a pod. take the elevator down to a tunnel. and from there you'll be transported at breakneck speed to your destination. the idea of high speed underground travel has already attracted the attention of urban planners in the united states earlier this year musk signed a deal with the city of chicago to build an underground transit system linking the city center with the airport but progress has been sluggish and the project is still waiting to be granted final regulatory approval but those kinds of stumbling blocks don't appear to be putting musk off the entrepreneur describes the transit
6:28 pm
system of his dreams as more like an underground highway than a subway car loving america it's a concept that might just catch on and that was the week in business. which dr constantly visits a dentist's office with a difference. and this is an amazing concert film to see and patients and an insured and few. the some of the. hosts of. people overcome their fear of dentists for ever. come up with a bright smile. good cheer. on the w.
6:29 pm
a continental is reinventing itself as in africa stick seen discovers it's true potential inventors entrepreneurs and high tech professionals talk about their visions successes and day to day business interest. in history you know everyone else who. sees the. digital africa in forty five minutes. or. say this is. a hundred german street on d w. i know nothing at the gym well i guess sometimes i am but i stand up in that. deep into
6:30 pm
a culture of looking at the stereotype of quacks but if you think future of the country that i now i'm. new to change everything in this drama there you go it's all about. i'm a joke join me for meet the gentleman from d.w. post. welcome to in good shape coming up. rapid remedy the best cures for an upset stomach. lifesaving donation for leukemia patients a stem cell transplant may be the only hope. and fear of the dentist where it comes from and how to overcome it. and here's your host dr tartt hello and.

27 Views

info Stream Only

Uploaded by TV Archive on