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tv   Business - News  Deutsche Welle  January 7, 2019 12:15pm-12:30pm CET

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but for now from all of us here at g.w. and from myself sara kelly thank you so much for watching us you're thanking. the to cut. where is home. when your family is scattered across the globe. such lives is to the delays the book was a journey back to the roots get my mug shots family from somalia who lives around the place want to come to her and assistance and. family starts january twenty third on t w. e take it personally i
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already with all the wonderful people in stories that make the game so special. for all true fans. barlow's my mom. played up more than football on mine. the. u.s. negotiators talk trade in beijing on their visit comes after the two sides agreed a tariff truce last month we'll get an expert's view on how likely these low level talks are to produce progress also on the program high tech house hold first are among the highlights as the consumer electronics show in las vegas gets ready to open and more than a wee dram of concern makers of scottish whisky fear that britain's exit from the
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european union will torpedo what has grown into a global business. i'm christopher good to have you with us china says it's willing to work together with the united states to resolve the year long dispute between the two countries the foreign ministry expressed optimism estrades talks resume to beijing for the first time since u.s. president dong trump and his chinese counterpart ping agreed to a ninety day truce in their trade war last month. the u.s. and chinese representatives will need one key quality staying power these trade negotiations are set to be long and difficult nonetheless there's real hope that the trade conflict may finally be brought to an end china has already opted to ease tensions by lifting its ban on imports of u.s. soybeans and suspending extra tariffs on american cars business leaders are expressing cautious optimism we're seeing an acceleration of many of the policies
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that china is committed to implementing to fall within this ninety day negotiating period indicating that it is making signals to show that there is opportunity for progress here. with tumbling markets pressure from agriculture and from industry the conflict is clearly making itself felt in the u.s. the latest example being apple's revised outlook over falling sales. the trade war is hurting big enterprises in the us president trump is facing huge economic pressure and political difficulties at home so compared with the past number of months president trump is now more willing to reach a truce on the trade war if he can get china to make enough compromises. yet still spite the bravado china is suffering too as a result of the dispute high import prices and reduced exports are weakening
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economic growth both sides are feeling the pressure. so investors are a bit let's get more on these trade talks with gabriel meyer who's the director of the center for international economics in munich welcome to the program gabriel now these negotiations do not involve high ranking officials what can we expect to come out of them particularly since president trump likes to focus heavily on personal relationships. yeah that is right christopher but we shouldn't forget that this is just the start of a longer process. the there are very hard knots to crack and what we see now is the preparation of the ground work that's happening now can we read anything out of the fact that the u.s. delegation is traveling to china and not the other way around. well as i said this is a lengthy a longer process this is starting right now we'll see if both sides a serious of this negotiation will see a lot of commuting between bridging and and washington i don't think that the fact
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that the talks start now inching has any importance meaning to us off of course it is true that the psychology matters it's true that the day to day politics matters is it's also true that the stock exchange movements metaphor the dynamics willful clarks so so there is something to that but i think generally speaking it doesn't really matter whether the talks take place in particular washington now let's take a look at the core problem here one of your studies found that chinese producers are carrying the main burden of the u.s. imports terrorists but last week we reported that for example u.s. tech heavyweight apple is under this dispute as well is there now enough incentive to bury the hatch. so i would say that the evidence builds up that both sides are actually facing huge costs from that from that conflict it might be true of the economic cost is larger in bridging that in washington but it is also true that the
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political cost of all that is very sizable in the united states as well the u.s. president has a lot of attention to the the nam itself the stock exchange and here we have seen weeks of trouble so that means that the you has despite maybe facing this smaller economic costs are facing the higher political cost of that makes makes of them maybe ready for compromise. director of the usual center for international economics thank you for your insight you're well well twenty nine teams still feels pretty fresh and that might be just the right attitude to check out the latest tech gadgets while starting tuesday the consumer electronics show in las vegas will once again showcase the most recent developments in the sector artificial intelligence is likely to again attract a lot of attention the technology is included in ever more hardware from autonomy's cars to smart household helpers. this robot gets upset when it come to help with
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chores. like folding towels was another machine for that just one of the many highlights from the twenty eighteen consumer electronics show which also featured. and do backflips. audi fishel intelligence for remain a major focus at this year's c.s. in las vegas but his firm cambridge consultants is among the more than five thousand exhibitors it's developed to deprave an ai based system for vision the technology's learning how to read blurry images. the machine is essentially creating a new image from scratch purely by slowness on the standing of what is the real world look like so in a way it's doing something quite similar to our mind's eye where we look at a distorted image through you know kind of glass which might be a pipe but we can kind of construct an arm on what we think the image looks like on the other side and the technology would be valuable for driverless cars we could
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help the vehicles cameras deliver a clear image even when it's raining autonomous cars will also be in the spotlight at this year's c e s. well britain's impending exit from the european union is already hurting carmakers leading to the biggest fall in u.k. kora just ration since the two thousand and eight financial crisis as uncertainty regarding bracks it has led to a slump in consumer confidence demand for new vehicles last year dropped by nearly seven percent experts warn it risks the future of the auto industry in the u.k. which employs more than eight hundred fifty thousand people sales of diesel cars even fell by thirty percent after false wagons emissions. and the still unresolved terms of the u.k.'s departure from the e.u. is also troubling makers of scottish whisky their unique craft that has grown into a very profitable global business twenty seventeen whiskey sales abroad amounted to five billion euros accounting for almost. twenty percent of all u.k.
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food exports and now some of the stores fear that leaving the e.u. will rob them of their protective trademark scotch pass within the european union. imagine a scottish whisky distillery and it will probably look something like this edra down in the town of pit in the highlands andrew symington has made this business what it is today a small but fine distillery and one of the few in scotland which is still independently owned andrew is master of the quake a select group of the finest distillers his traditional production methods are a good selling point but there's more to it than that i'm your custodian so my job here is to. certainly. not leave as i find it better for the next generation. and the attention to detail pays off profits before taxes climbed by four percent last year to seven point six million euros the
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distillery produces around two hundred thousand liters of whisky a year that's not much compared to the big names in the industry but scott she's in demand around the world our exports is about eighty five percent so our turnover. about forty two countries around the world. is a big market for us here over abroad is a very keen access to things go smoothly and this brings it to you. greg says his worrying the scottish whisky industry scotch is still a trademark protected under e.u. law. some distillers fear that they could lose this protection after britain leaves the e.u. . but despite this andrew symington is taking the prospect of bricks it in his strong point. i don't think it will because of a lot difference in selling whiskey. scotch whiskey. and in general as it is a major export product there's high demand for all around the so the world's
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leading europe's not the change that may make procedures a little more difficult things to follow you know to do but long term i see no euro no promise of work so you know he's more worried about whether he'll find enough employees in the future. but he is bowser for example is an experienced distiller from germany specialists like him and not easy to find which is why he says he's not concerned about britain's departure from the e.u. . i've been here for eleven years so i think my job is fairly secure in that breaks it wouldn't have consequences for me if it does there's nothing i can do about it then i'll have to go back to gemini feel welcome. that's the main problem no one in the u.k. really knows exactly what breaks it will look like. andrew symington is scottish and proud of his tradition but whatever happens he doesn't want his
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country to seek independence from the u.k. . but i would be really worried yes i recently wrote that nobody would know what the future was there what do you know who people have that knowledge of it was. probably not was it retards to death to cover all the thanks i says and things. i don't know i read about stuff about the road i did not want to go to one that's. good whisky takes years to make something breaks it would likely benefit from to. watch.
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