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tv   Business - News  Deutsche Welle  December 27, 2018 12:15pm-12:30pm CET

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next with a look at the markets after the christmas break and a look at what the new year might bring to the economy and investors. we're got much more international news for you to you at the top of the hour a breach of will be with you then meanwhile you get all our latest news and information on money g.w. dot com thanks watch. how do you. sustain the way discover the dollhouse you told. us will starts january thirteenth on t.w. . i don't think it took them well i guess sometimes but i stand nothing when the company thinks the consumer jemma culture of looking
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at stereotypes go quiet but if you think it's only for the country guy not full time. needed to repeat his grandma's. house it's all about ok. i might show join me to meet the gentleman from d.w. post. here. stocks rebound after a bumper session in the united states but european markets buck the trend to germany's dax trading deep in the red we go live to frankfurt for the latest. also coming up venezuelan cocoa producers worry about the negative side of state's interference. and a woman on a mission to tell about the daily equips of villages in the indian state of water per day she was toilets. welcome to do
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business when he could jones in berlin good to have you with us u.s. president to donald trump is considering an executive order that would bar u.s. companies from using telecommunications equipment made by china's sure way and z t e it would be the latest step by the trump administration to cut two off china's biggest network equipment companies out of the u.s. market and united states alleges that the two companies work at the behest of the chinese government and that their equipment could be used to spy on americans. santa claus came late for markets around the globe but in some regions it did show up eventually asian markets made up some ground following a record shattering rally on wall street but the dow jones gained over a thousand points on wednesday that's a five percent and one of the strongest days for u.s.
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stocks in history. as european markets were closed for christmas of course they're back in action now our financial market correspondent ali bads joins us in frankfurt now only from what i hear the dark certainly started to the day in negative territory not looking that good what's holding it back. you know you used the word action i wouldn't describe it that way here and i think the traders are also complaining a little bit about the kind of in between holidays and trading here but what's really gotten them worried and concerned is that roller coaster ride on wednesday this week it didn't just go up wednesday but it went down on monday and what's filtering through is the upsetting impression that pressure on the fed on the independence of the u.s. central bank is for the moment perhaps a little bit less than it was but if the president continues that way it's going to
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be a major concern for the market considering the federal reserve's role in the markets and the economy worldwide and that's what's concerning people here ok a lot of concern you're mentioning zaf just briefly any chance there for a year end rally. i wouldn't rule it out you can never rule it out especially with what went on in the past days but talking to people here no it's not going to come it was a bad year two thousand and eighteen it still is a traitor says and looking at two thousand one thousand it's not going to be better and i think he's speaking for a lot of people here in the market actually bought in frankfurt thank you so much. while german companies have mixed feelings about the business prospects in twenty nineteen their biggest concern is the export sector which could be impacted by the ongoing trade spat between the u.s. and china and of course the upcoming brics it
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a survey by the german economic institution i.w. shows that many of the country's trade associations lowered their expectations for twenty nine thousand on the upside to germany's domestic economy is robust and the construction industry is benefiting from it. for more on the economic outlook and to the drivers behind it i'm joined now by michigan hutto director of the cologne based institute for the german economy good to have you with us professor we do according to the federal ministry of economics the german economy will grow only moderately in the coming year the forecast says one point three percent do you have a similar view. i share this view of our forecast is one point two that's nearly the same that means that the high dynamic we realized in the last years is fading out and we see this all it's a mirror of the business climate the business climate came down during the year two thousand and eighteen or so ray on the economic branches makes clear this is all to
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chew for two thousand and nineteen so the climate is more depressed than twelve months before what's the reason for this is a geo political all of the problems homemade i think the most important to reasons behind the rising uncertainty on the international market on international trade policy and the future of the multilateral order for visibility economy and this has a lot to do with the conflict between the u.s. and china are the trump administration is still a risk and we also see a lot of uncertain risk of risk in europe the brics we don't know what will happen in january we have new discussions between the european commission and italy and all its of some problems in france so there are the the risk from international scene are rising and there's a most important for the press climate whenever our own economic situation is uncertain we tend to invest less what what state german companies and when it comes to investment this is an interesting point when we look in our server to see that
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despite of the fact of the depressed climate we see a strong and stable investment activity for the next year as well as in climate this has something to do with the fact that there are some decoupling between the investment to vittie and the plumbing on one hand and the business climate on the other hand why it's huge is a fact that you have to invest it you have to invest over time to stay in a way to have to be in line vis a digital transformation so there's an ongoing need to spite of the business climate to and west and this is quite the is nearly the same result in twelve months ago investment will stay strong what drives the investment is that perhaps digitalisation. yes it's true we have to you has to invest in the company level in different ways for the digital transformation of your business model industry. you know the german brand you have to invest in the interaction in the networks and the platforms you will use and you will end on so it's an ongoing challenge and nobody
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knows exactly what will be the future on digitization but everybody knows that he has to in west in the infrastructure in the human capital you need for the transformation michel thank you so much for your time your welcome. and as well as government has been trying to solve the country's beleaguered economy from printing more money to creating its own crypto currency but all with little to no effect on our government you know trader freddy has had his share of challenges in venezuela has had to deal with highway robbery and kidnapping but now he has another headache the government. the governor says he wants to create a company to export if he's the only one that creates a monopoly and it would need a fixed price and that would be devastating for growers there has to be supply and demand where everyone buys and you sell to the one with the best price.
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drawn says truckloads of his cocoa were held by the government and when they were released some eighty seven tons of cocoa worth around one hundred thirty thousand dollars were missing. other traders in his region have reportedly had similar experiences in recent months but the government says it only wants to catch the fs at the checkpoints. our aim is to break up the cow gangs and when we speak with a cull producers they realize that we are speaking the truth a lot of it is just about building trust they were used to a different government that did not get involved that didn't do anything. but the traders are skeptical and some of them now prefer to hold on to the harvest rather than still it and that means even fewer exports for venezuela. the luxury of having a toilet in your home or at least in your community is still a rarity in many parts of india progress is slow that is why davey took matters
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into her own hands her mission to bring health and dignity into the villages of which up reddish. the biggest child killer in india is diarrhea it's a result of the country's poorest and it tastes and over half the population has no access to a toilet with very modern. is. there a two indias that live side by side in our country one is for the prosperous while the other consists of villages and urban slums. these are the people who are forced to defra kate in the open but their biggest problem is that they live in squatter settlements over which they have no legal rights consequently they don't invest in their homes because they live in the constant fear of their houses being demolished . so many government up there but i think i'm going to demolish that as a young girl. arrived in the bustling industrial city of cunt poor forty years ago
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conditions there shocked her. never. used to live like them and. there was a tiny pond that everyone used to go to father's doors his everybody ended up going there because there was nowhere else to go. there was a time when no matter where you went you would see feces in the open it was every way. there intolerable plight motivated to start building toilets she raises funds through donations and government subsidies in some cases local citizens even put their own money to build a toilet. two holes need making one here and the other over there. two pipes will pass through each opening one fills up the second one
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remains shut. poor rural communities struggle with the same problems as urban slums and you know i just look we should consider ourselves lucky that we have the space here to build toilets open cities and even have that space color but he davey has already built two thousand five hundred toilets at fifty five she's trying to find someone who will continue her life saving task when she no longer cad. that's your update here on d w thanks for watching. the back.
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home. just told by his parents adopted by wolves this isn't a story or a motorway it's the story of marcos and it's in the us a seventy two year old spaniard who now lives with fellow humans now means passing on his you love. song the. next morning.
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entered the conflict zone. fronting the powerful over after thirteen years in power and some damaging state election results are going to start to ease visibly waning how no kind of. school cling on to college my guess is most gun shy that one of the most famous and infamous politicians in germany conflicts so close in sixty minutes d.w. float. bowl. xli. carefully. don't seem. to do get. to.
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discover who will. subscribe to documentary on you tube. hello and a warm welcome to focus on europe i'm sorry so much gonda today we're taking a look back at some of our favorite stories of twenty eight that the people who moved us people who are working to improve their lives and the lives of the people around.

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