tv Business - News Deutsche Welle January 6, 2019 6:02am-6:16am CET
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i. understand the thirty first people celebrated new year's eve across the globe and the new year hung over seems to have spread to the stock markets as well the first trading day saw prices falling almost everywhere at the frankfurt stock exchange the downward trend of late twenty eight hundred continued it was mainly down to weak performance on the asian stock markets in china japan and south korea some lost more than four percent at the start of the new year china is preparing itself for much lower growth partly because of the fallout from a trade dispute with the us prices on the new york stock exchange also fell on the first trading day the dow jones the s. and p. five hundred and the nasdaq and that all closed in the red this turbulence looks set to continue throughout the year with the upcoming european elections and
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breck's it just around the corner and there's still no solution to the trade dispute between the u.s. and china experts predict that twenty nineteen could be a difficult year. for the first time since the introduction of the i phone apple had to adjust its revenue forecast downwards for the all important christmas quarter revenue is expected to total eighty four billion us dollars nine billion less than predicted warms apple boss tim cook i was a result apple's share price fell temporarily by around ten percent the company's problems have been looming for months after reaching a high last summer the share price has fallen by thirty percent since september. back then analysts reported that asian i phone suppliers were cutting back their production because apple needed fewer parts news that sent out an alarm signal the i phone is apple's most important product it accounts for sixty percent of their
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revenue demand has weakened especially in china cook claims the trade dispute between the u.s. and china for causing some customers to avoid buying u.s. products fewer people are willing to splash out on the latest i phone and opting for the more affordable competition. one of the biggest cargo ships in the world has lost two hundred seventy containers after being caught in a storm in the north sea many of the items washed up on dutch islands like to shelling residents volunteered to help clean up the day very with some lucky finds including shoes toys t.v.'s and furniture. but there's so much in all kinds of sizes and colors so we'll keep them and they have to for now and then sell them in the summer. i found a flat screen t.v. in one of the containers i'm keeping it in a warm and dry area so we'll see if it's still working you know. three of the
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containers a said to contain potentially dangerous substances. and. if you encounter a washed up container stay away and don't touch anything wait for the professionals to come and transport look at safely that way you'll come to no harm. most of the containers are still messing with storms forecast for the weekend they could travel far to their next destination. over three hundred thousand volts working car owners in germany have launched a class action lawsuit against the automaker they want compensation for losses to the value of their vehicles that resulted from a v.w. emissions cheating scandal the company has already paid out billions of dollars in fines and compensation to drivers of diesel cars in the u.s. and germany owners have so far only been offered software upgrades the lawsuit is being filed by the country's federation of consumer organizations. the european
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union plans to wrap up negotiations this year for a major trade deal with america so states in south america while the u.s. cuts itself off with punitive tariffs the e.u. is creating the world's biggest free trade zone the aim is to abolish customs duties and other trade barriers the mcas or trade block includes argentina brazil you're acquiring and paraquat. with two hundred sixty million people it's one of the biggest economic alliances in the world. venice officials have announced plans to charge daytrippers access to the historic city center permission for cities to charge admission is among a host of measures italy's introduced as part of its twenty nine thousand budget the marathoners says people will have to pay up to ten euro as a visit and that the money will be used to clean up the city nearly thirty million tourists visit the city every year of italian cities may follow suit.
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specialist alimony and company alum x. uses these nine ton blocks to make extra durable industrial components since june the german company has had to pay ten percent in import duties in the u.s. but only max is actually making more money. that's because the tariffs in the u.s. market have pushed up the price of oil a minium. it's one reason the company's c.e.o. wants to increase production at its plant in south carolina. the americans in part but the more added value you create on site the less you have to import that's how it is valid and the tariffs will lose their effect in the future because the more we produce on location which trump also wants the less significant the tariffs are militarily. the u.s. operations only account for ten percent of the company's total revenue but that will soon change. as it out and towards the share of the american operations in our
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total global business will certainly at least double in the coming year by that i mean the revenue the profit will increase more and they can go back up and it's pretty big. demand is rising the companies special element is required in medical technology as well as solar cells and cars. on january first romania took over the e.u.'s rotating presidency for six months the country has been under scrutiny for corruption and disputes over the rule of law. these protesters say they've had it with corruption and nepotism they gather at noon every day in front of the ruling party's buildings in the city of sydney in the region of transylvania calling for politicians to respect the rule of law to grant of existence what's clear is that corruption at all levels of society and that's why we're standing here on the
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streets to send a message we can't look away anymore and all politicians should know that we are watching them closely that it would look at this and. adrian chimpy on is the man of to tell you just use a town in the cop a.t.m. mountains he's frequently confronted with corruption. ations connected to his plans to revive an old gold mine close to the nearby city of deva with the help of a canadian mining company he says his plans are all about bringing employment to the region. but the fact that this project could create hundreds of jobs and therefore help to significantly reduce unemployment in our village. the whole region including neighboring villages could benefit from the mine well if you go for them. but the project requires getting rid of four hundred hectares of forest so far opponents have blocked the mine through the courts. the mountain of files
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on the mine is growing in the town hall corruption is something the mat doesn't want to talk about. you know. he presents a document from the government corruption agency it says he has not profited personally from the five hundred million euro project. da are pushed back with yes and q story of illegal dealings but the anti corruption agency investigated everything and now i have been officially exonerated that was started on one. down in the mine a settlement former employees are hoping for new jobs there are uncertainties once again up on the mountain new allegations of corruption against the man. n.g.i. mining watch says he signed over the forest to the mining company illegally and is in cahoots with the company then after just one month i think the whole concession
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to the mining company they think being at the moment in this to katie by the m. and a corruption director right and america is directly involved in this case. for now corruption is bringing anger to write mania it's hindering investment in keeping investors jobs away. the city of madrid plans to reduce emissions by forty percent electric vehicles can still pass the red line but drivers of older diesels and petrol cars will soon face fines if they do the same behind the push for cleaner in downtown madrid is this woman and she wants to reduce traffic in the city by a third. it's an idea the bulk of the and those in this small engine sixty area there are a major restrictions in place on the most polluting cars. that are no longer
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allowed to pass through the place but may give us that 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 year a fine authorities say the ban is already making a difference madrid's gram via is less congested than before freeing up space for cyclists in particular. that of people who are already reacting an increasing number of people are traveling in this area by bus and 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 a furniture store and says she depends on customers being able to reach her by car . they see if their port eighty seven percent of voters in a poll say they no longer want to come into the city center to shop at. the bottom means she also need to replace her it brought him another one from of camels the
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problem is we need a van that meets on the while also what hearing to the city's rules. is nothing. critics accuse city authorities of going too far but in other parts of the city where pollution measures have already been in place for years many people have gone so for the transition. one was about of course that change is always difficult at the beginning it was hard above all because of the parking tickets where people thought well i want to go to the city center but i have to pay for their cell but now everyone's adjusted they know it's a european wide development the city centers are more for questions and less because it is not and low emission zones may not be enough to guarantee clean now i think 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 that ends all round up of the week's business stories.
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this is g w news lawyer from berlin to bring in our correspondent ophelia harms a really strong so from for years now we've had to find out what happened with these get up to correspondent sandra gets a smile and we do have some breaking news coming into us now what it's all about perspective closer up w. news thank you for joining us. in the by working hard and in the end this i mean you are not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers with lions. what's your story. on what numbers and women especially in victims of violence in terms of its take part and send us your story you are trying all with to understand this new culture
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