tv Business - News Deutsche Welle December 31, 2018 6:15pm-6:31pm CET
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and again you can always get news on the go just download from google play all from the apple store that will give you all the access to bases these from around the world as well as push notifications for any breaking news you can also use the g w up to send us photos and videos we think we might find interesting. you're watching the news on how the home free in but you again very soon. earth. posting tunes of species a home worth saving. on those are big changes and most start with small steps global interiors tell stories of creative people and innovative projects
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around the world like to use the term to convert those to green energy solutions and resources should. be created interactive content teaching the next generation about environmental protection and more determined to build something here for the next generation the indios the multimedia environment series on g.w. . the more. as the global economy farewells and unsettling year financial markets look up u.s. president donald trump says he's made big progress in trade talks with china. mr moneybags turns off the spigot will the eurozone get along without the massive stimulus program that's kept afloat since twenty fifteen. and the city tackles
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conflicting priorities cyclists are delighted the retailers in madrid are up in arms about fewer cars on the main drag. i've been fizzling let's see business just another tweet or is there truth to what trump say the u.s. president claims deal maker reckons a deal is in the making to end his trade war with china trump went after the country for its trade imbalance with the united states and started a dispute that led to tariffs on cars electronics agricultural products and other goods worth billions of dollars over the weekend trump wrote on twitter that he has been talking to china ping about a deal that would be very comprehensive. big progress being made the chinese foreign ministry spokesman says beijing stands ready to work with washington. but the news gave stocks a boost today but remember when the two sides agreed to
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a trade truce earlier this month markets celebrated and then plunged when it was unclear what exactly was agreed upon is still so much uncertainty over trade and the path equities are set to take a look back and look forward with our financial correspondent in frankfurt will be bats. twenty eight pm the markets went downhill much cheaper and much faster than anyone could have imagined especially in germany where the dax lost about twenty percent and so going into the new year people are still shell shock from the dismal twenty. for the new year are a little bit damp and a lot of analysts are saying further growth for the markets for the dax for example a little bit higher share prices at the end of the year but certainly nowhere near the record high of the back when he also there are better prognosis for economic
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growth economic growth continuing most of the major economies germany included but also in the united states and an. economic growth is uncertain at what rates and who grow people saying. where the success of twenty nine will be in the major problem areas which may twenty eighth called the great war interest rate hikes and the grex that any one of the problem areas where up when we will have a problem when one. could see its first interest rate hike in the new year it be the first since twenty eleven but it probably won't happen until much later in the year in the meantime the european central bank is winning the bulk of stimulus winding down its most controversial measure its massive bond buying scheme apart and said it helped stabilize financial markets critics called it market manipulation. b.c.b. president mario draghi made the announcement may december the european central bank
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want to buy bonds on the financial markets start in january. regarding known standard monetary policy measures net purchases under the asset purchase program will end in december two thousand and eighteen the e.c.b. has been buying government bonds as part of its quantitative easing program which was later expanded to include corporate bonds to make financing cheaper for companies the e.c.b. has spent a staggering two thousand six hundred fifty billion euros on bonds which it will be holding onto for now. be food decide who would those at the moment because obviously b. has been fulfilling the mandate that it has for the whole eurozone well financed. it is now pulling back from financial relief for southern europe to fulfill its monday both northern and southern european countries not. proceeded with
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caution allowing the markets time to adapt to more expensive financing for now the main question is whether the e.c.b. will raise the interest rate next year. a major challenge facing germany is catching up with digitize ation from high speed internet to the digital classroom europe's most powerful economy is struggling to adapt to the digital age unlike a study a small a you member state of the baltics has become a major digital hub. and is still only at coding has been part of the national curriculum for years these children are learning how to program their own music software and games. highspeed wife eye is ubiquitous in the country in fact the government declared internet access to rice as far back as the year two thousand. here in germany on the other hand universal high speed internet still feels like a distant dream especially in rural areas. is the sort of germany is
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largely covered by forests some twenty percent in fact. so before we start delivering foxes and birds with high speed internet we need to do our homework and locate the villages and rural areas that don't have sufficient coverage that would be the next step. should be. a next step that critics say has been far too long in coming they say germany's lack of digital infrastructure could prove a major barrier to business in the future. fastest broadband internet it's. produced some big names and to make sure they can navigate around the capitol on foot safely it's a lane for most uses so people don't bump into each other while walking and texting . the smartphone like it or not we simply can't do without it and vilnius is now
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blazing a path for those who just can't seem to get enough of it without lifting their heads at least. it's fun to be experiencing something new and it's also very interesting to find these little signs on the way on the routes and this also makes you feel a bit safer those signs on the ground indicate the direction things appear to be headed lithuania has europe's fastest broadband internet the capital vilnius is geared towards i.t. boasting twenty percent growth in the sector in the past three years. we are actually really. hungry for good investments for service centers to open a business and we have a lot of them we have big names bark lies our best and you know who would do our nice that who do the services in the city of illness and naturally there is high speed internet access in the mobile lane whether news surfing and staying connected
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without the usual pitfalls. that spend test sick and telling our tourists from russia from there he cannot get out that they can use it for free it's not really common for such a thing to happen a lot of people walking the phone like i just i just know. so i think it's a really nice invention. there were by the way no collisions in the vilnius mobile lane at least as long as we were filming. all major european cities are struggling to meet the same e.u. automotive emissions standards here in germany courts are ordering policy makers to comply to stricter pollution rules in the spanish capital of madrid city politicians have been more proactive. cameras at the ready to ensure red lines aren't crossed electric vehicles can still pass through here but drivers of older diesel petrol cars will soon face fines if they do the same behind the push for cleaner air in downtown madrid is this woman. she wants to reduce traffic in the
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city by a third. and there's four hundred sixty hector area there are major restrictions in place on the most polluting cars. they're no longer allowed to pass through. until the end of february drivers of older diesels will be issued with a warning if they enter the restricted area after that they'll face a ninety euro fine authorities say the ban is already making a difference madrid's ground via is less congested than before freeing up space for cyclists in particular. people are already reacting an increasing number are traveling in this area by bus traffic overall is down. but not everyone supports the ban retailers and delivery companies are especially critical some even calling it a disaster isabel garcia runs
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a furniture store and says she depends on customers being able to return by car she points to a survey commissioned by critics of the. airport the seven percent of those polled say they no longer want to come into the city center to shop. that means she'll also need to replace her van it only one other one time of course the problem is we need a van that meets our needs while also adhering to the city's rules we visit multiple dealers but to find nothing on most of the met gala milloy critics like garcia accuse city authorities of going too far officials say they're open to tweaks but are asking for patience similar anti pollution measures have been in place in other areas of madrid for some years now here is how one restaurant owner described the transition of course that we have a change is always difficult at the beginning it was hard to above all because of the parking tickets people thought well i want to go to the city center and i have to pay but now everyone's adjusted they know it's
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a european wide development that city centers are more for pedestrians and less for cars but low emissions zones may not be enough to guarantee clean air either weeks after the ban came into effect in madrid pollution levels on some days were still too high prompting officials to temporarily cut the speed limit on the city's ring road. and just briefly italy's polman has approved its revised budget for next year after the european union rejected its original spending plan the move means rome will avoid fines brussels threaten to impose as a punishment for breaking the blocks fiscal rules ellie's populus government has promised to increase spending on the poor and to lower the retirement age beyond. ice doing business with a. much
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