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tv   Business - News  Deutsche Welle  January 18, 2019 12:02am-12:15am CET

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u.s. lawmakers seek to ban chip sales to china's hallways at t. and other telecom companies they say violates sanctions good to move be risky business and worsen trade tensions also coming up. the top she hopes a huge nuclear power project in the u.k. it's a major blow to persons plans to replace its aging power plants. how hard will works it hurt business european airplane make a boss fears for supply chain the wings for it's a croft operatives in the u.k. . this is your business update on how the home for you in berlin glad you could join me a bipartisan group of u.s. lawmakers have introduced a bill that would bound the sale of american chips and other components to while ways ed t. and all the telecom companies that violate u.s. sanctions the move further escalate tensions between the two countries it will make upcoming negotiations between u.s.
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and chinese officials to end the trade spat even trickier. nothing would work in while we and c.t.e. plans without us made semiconductor chips or the mobile phones and network devices made here in china need american technology from tech giants like intel a.m.d. and qualcomm but plans by u.s. lawmakers to ban the sale of chips to companies that violate washington sanctions or export controls could draw in chinese companies the u.s. has accused both weiwei and in failing american sanctions against iran and the chinese government has some sharp words for what it sees as efforts to destroy china's tech industry. to someone. i saw the news on the bill which was hysterical. or did you see the u.n. try the reaction of these you representatives demonstrates extreme arrogance and a lack of self-confidence you don chipp that says in the. last year the u.s. government banned the sale of american goods to chinese tech giant which had
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violated washington's iran sanctions the export ban almost bankrupted. as a result it agreed to pay the u.s. government a hefty fine of one point four billion dollars to lift the ban. and we can bring in our very own jose luis to otto now who's on wall street for us was it always this bipartisan bill to stop two big chinese companies accessing u.s. components and microchips i mean it sounds kind of risky is that the chance that it could backfire. there are some are helen including make you more deeply called already fired joel negotiations but also imagine you are a u.s. semiconductor giant such as qualcomm you could see your sales go down by sixty five percent of chinese companies cannot access to your products according to some estimates u.s. semiconductor industry makes up to thirty nine percent of its total sales from china so any disruption in this regard could take a toll there is too the risk of retaliation either time where some companies like
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up or are already suffering a lot of chinese consumers that said the latest reports on trade negotiations show the secretary of treasury stephen using the term to to lower or cancel charge of some chinese products as a way to calm the markets and give an incentive to china but it's true that the department of treasury has denied these claims so far and we have to point out shut down day twenty seven now the argument that this could be hurting the economy i read a prospect is that. in the grand scheme of things while in our one tenth of a percent a week it raised from the u.s. economy since the shutdown is started does not seem march but if you start adding weeks it starts taking a toll on confidence on a specific operation such as i.p.o. revisions or regulations on financial markets a troubled tourism at a time that freezing temperatures also could a slowdown in economic activity that's why recession reese are higher than normal
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and even if most of them increase significantly forward to two thousand and twenty just a contraction in the first quarter of this year is becoming a real concern. for us thank you very much indeed. now it would have been a huge investment and of asia's confidence in the british economy but the japanese firm hitachi has put its twenty eight billion dollar nuclear power project on ice now bosses say they don't blame drags it but inside is said it had limited the government's capacity to come up with plans. it was supposed to be a massive project a new nuclear power plant named will for a while some countries are trying to give up nuclear energy due to safety or expenses the u.k. has had several projects in planning but that's changed just last year toshiba pulled out of another u.k. nuclear project due to growing expenses hitachi has now followed and that despite
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the british government's promise to provide a third of the financing hitachi couldn't find additional investors as the total cost estimate mounted reportedly doubling to twenty billion pounds i mean from an economic standpoint of a private company we've made the decision to freeze the project or hitachi says it's this edition is unrelated to the ongoing brags that chaos but at any rate the british government knows that long term investments carry more risk now than ever before. this is because if nuclear is to be successful in a more competitive and she market which i very much believe it can be it's clear that we need to consider a new approach to financing future projects the will for project was supposed to employ nine thousand people for the construction of two reactors those jobs are now hanging in the wind. companies across the e.u. are trying to predict how trade relations with person a set to develop their freight business run
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a sneaky unfair croft manufacturer at bossa dissolute he brags it would massively disrupt its supply chain. when an air bus takes off from the runway a big chunk of the european union takes off with it an air bus jet is a prime example of e.u. cooperation aviation group is located in germany france great britain and spain. production takes place across europe france as a largest operations with some forty eight thousand airbus employees across different sides germany is in second place with around forty four thousand workers in spain the aircraft manufacturer has thirteen thousand employees and almost eleven thousand five hundred people work for air bus in the u.k. that's where the wings are made in addition around four thousand british companies supply parts to the company so what could happen in a vent of a hard break that who airbus still be able to manufacture in great britain at all
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a no deal brags it would be bad for business in the country in britain more than one hundred thousand people working for suppliers could be gravely affected the effects would also be devastating for air bus itself the group has been working on contingency measures for a long time according to airbus in the short term warehouses will be set up to secure the supply of the missing parts but a plane maker may have to build new factories in the long term their bus says it has invested fifty million euros in preparing for a hard brags it but the real cost of bragg's it is still up in the air. now a study in the lungs that medical journal has identified the diet as scientists say we need to adopt to protect the planet and save millions of lives the result would see us radically change what we eat in the companies who feed us so are you ready to ditch red meat shredded wheat. far far far less of
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this. and a whole lot more of this. if you want to save the planet and maybe even yourself you need to radically change the way you east that's the conclusion of a study by the lancet medical journal whose authors say a dramatic dietary shift is needed to fight disease and save the environment so what do they recommend the great food transformation with the people eating no more than thirteen grams of red meat a day or a burger a week an egg a day won't keep the doctor away for a week max say the researchers and no more than one serving of dairy a day. the stakes not that kind are high. using three different approaches. for every one of the world's shifted to health.
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but it's not just our health at risk the planet is to the global food system is the single largest emitter of greenhouse gases in the world and the biggest reason for the loss of biodiversity and of course there are the billion dollar industries behind the chief meat and sugary foods and drinks we consume campaigners are calling on them to do their part to staple disaster. the global population is expected to rise to ten billion by twenty fifty if our current consumption patterns don't change the future doesn't bode well at present two billion people in the world are eating too much unhealthy food another one billion are going hungry well mike is the author of how bought bad all been on this we asked the professor from lancaster university what he thinks about the report. well whether you look at it from the point of view of dealing with climate change or managing our
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biodiversity or feeding the world population the amount of meat that we're eating globally and especially the trajectory that we're on at the moment which is every increasing meat consumption just looks to be really disastrous the good thing about this report is that it tells us very clearly that we need to reduce the amount of meat and also and also somewhat the amount of dairy that we eat and it tells us that we don't need to go absolutely extreme we can still have some meat and dairy and it tells us that it's probably we can do it in a way that's good for our health as well and it tells us that we don't necessarily need to make enormous changes absolutely you know today but it does tell us that over the next few years we just need to reduce by a large amount the amount of meat and dairy we can see you and we can do that in a way that gives us very interesting tasty and healthy diets and there's everything
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to play for and the world will just be a better place as a result so it's a good clear message. you're up to date. where is home. when your family scattered across the globe.
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