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tv   Business - News  Deutsche Welle  January 24, 2019 12:15pm-12:31pm CET

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it off to hammering greece's stephanos city boss in straight sets no bob rich and needs in the other seventy five of our friday you're watching the debate is coming up ahead we take you to a sprint to take center stage at the world economic forum for coverage from a business team coming up shortly. that's of christophe who was standing by to say would you do if you get. to. celebrate one hundred years of college and join our photo competition show us. of mint impact your world for a chance to win one of three like our cameras. follow us on instagram tag and who's your pick using cash tax powerhouse one hundred so get snapping. find
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all terms and conditions at the w documentary on instagram. her first day at school in the jungle. or first clean lesson and then the doors grand moment to run and join the arena taking on her journey very early on you know we're entering a new tone to make sure dora no regulating returns home. we're going at it together at the world economic forum in davos numerous political leaders make the case for more international corporation at a time when the trade disputes and populism threaten the international order also coming up. we talked to the australian finance minister about being between
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china and the trade it could create the next recession in australia after twenty seven years of positive economic growth. and the un chief warns she is losing the race against climate change when you meet a group of fear scientists freezing temperatures to raise awareness for a better climb. i'm christopher good to have you with us first though the chief executive of airbus tom enders has warned that the consortium could shift its u.k. manufacturing to continental europe in the event of a hard it specifically mr and the said that the company's wing building operations could be moved out of britain in case there's no smooth exit from the european union british minister stephen barclay told parliament today that he took the warning very seriously and. supported the prime minister to resign may's deal which
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parliamentary ject it soundly last week. free trade protectionism are the hot topics at the world economic forum in davos political leaders from germany india and japan that the global problems must be tackled laterally they are worried that the us china trade friction could harm the world economy germany and other countries have flourished on global trade since the end of world war two protectionist measures put in place by more and more countries endanger their business. now a short while ago i asked our correspondent at the world economic forum how the u.s. china trade dispute was shaping the debate in davos. pick any company along the promenade here that's represented here at davos and they'll talk about the trade war to you they're all affected in some way or could be affected eventually as an economist told me this morning we could see global effects from this trade war for decades
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from now which sounds pretty dramatic but we're talking about the top two you will call them is facing off against each other and they're not only companies caught in the crossfire but whole countries like australia for example which is waged between beijing and washington i've got the finance minister from a straight i call them with us what is that like being stuck between the two we don't see it that live you obviously have a longstanding friendship strategic alliance and trade and investment relationship with the united states and in more recent times china has become almost important to try to be part of it that you are committed and we believe we can continue to maintain good relations both with the united states and with china you may see it that way but you sure are feeling the effects of this trade war i mean we're seeing the first signs of a recession something most reagan's wouldn't even know what it is because you've had what twenty seven years of positive growth how are you planning to head off
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a recession. do you straight economy continues to grow and we expect me to continue to grow we are into our twenty i think of continuous growth about three percent growth for expect moving forward the unemployment rate is down to five percent i describe the starting to pick up yes i mean there are global economic headwinds are very mindful of that the downside risks are very mindful of that to the extent that they tried to attentions we certainly would like to see the result of a very encouraged by the progress and certainly the momentum that was generated in buenos aires in the wake of the g. twenty leaders summit between president trump and present jeeping so like others very interested in seeing any try tensions resolved in an orderly fashion as soon as possible you still planning to write a budget surplus afterwards. kate of deficits isn't that a bit late when we came into government five years ago we inherited a weakening economy rising unemployment in a rapidly deteriorating budget position today that the economy is stronger the growth outlook is better employment growth is strong the unemployment right road
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below who it was and to support it would be and indeed the budget is in a stronger improving position and our forecast definitely shows that we expect to return to surplus in twenty nine hundred twenty if you look at our last two financial years performance has been materially better than what was forecast in our last two budgets and certainly we haven't seen any data that would contradict what we expect will happen into the future well i don't want to correct you but when i look at the figures i see week wages slowing housing rising debt couldn't life get difficult for your embattled pm scott morrison his view on the scene well let me tell you why just growth would be much lower if we hadn't incremented our agenda for a stronger growth and more jobs i mean by any measure the unemployment right five percent is wrote below where it was when we came into government people thought it would hit given the circumstances we inherited and indeed the more recent data shows that were just grows picking up and if we continue to increase the level of
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employment in australia which we expect will happen in the libel supply continues to tighten up of course we will expect prices to continue to increase i mean to be an election in a few months time we will be putting our economic agenda forward the target of this food and you're trying people get to decide that is democracy straight in finance minister mathias cormann thank you very much or is going to talk to. ben reporting from davos there now as delegates are trying to wrap their heads around the big topics of the present in the future artificial intelligence is becoming a topic of growing importance ai is seen as shaping businesses a tool for solving problems but there is also concern for example about all the jobs that the technology might make obsolete a reporter. went to gauge the ai mood of the world economic for. this little paper figure moved as if by magic it's the brainchild of pupils at a school in the swiss town of davos they programmed the small machines themselves
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and are showing visitors at the world economic forum what they can do artificial intelligence no not quite. the same deal again says to me for me artificial intelligence is somehow like a robot that can just really move things like a person and means. what we're doing here is more like creating little movements with robots or programming. me to program it in here. if you can. despite that modest assessment it's the young generation that will be carving out the new era of artificial intelligence. so it is inheriting our ability to solve problems and across collaborative way across sectors business government technology as well as nonprofit organizations so i think there's a lot of promise in artificial intelligence and there's also a lot of concerns one major concern is jobs according to one study in just
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a few years time robots and intelligent machines will be doing more work than human beings that's a thought that makes many people shatter others however take a more optimistic view i think it's going to create jobs and for for the developed countries it will help us position ourselves at a place where we haven't been for many many years if you take if you look at europe there's hardly any software industry left other than small ones worse than artificial intelligence we have a chance to really play big we just need some governments and some institutions together and agenda behind it and make it a bigger play than it is today. artificial intelligence is a major topic at the world economic forum many see it as the business of the future as a tool for solving problems but there is also. concern over the potential for misuse some are calling for ethical guidelines to be produced and for the promotion of diversity and programming. to say what we need to do so make sure that fashion ai
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is relevant to the entire world is to make sure that the developers of algorithms are rules to come from around the world artificial intelligence is said to conquer ever more areas of our lives in the years ahead. pupils are ahead of the curve by. the secretary general of the united nations is warning that the world is losing the race on climate change it is the defining issue of our time on tonja terror said at the world economic forum and demanded bolder steps from governments well in davos mr terrorist is getting support from a group of fierce scientists a reporter but all of them most people in davos this week live in warm hotels but there are exceptions polish scientists the team of fifteen international researchers in crew have been camping here in subzero temperatures for the past few days and nights the worst part of sleeping in the tent is actually getting any
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sleep in back in the morning because then you actually back into the call you see a lady a warm little crew and into the cold but the residents of this arctic base come on out camping out just to cut costs from a science perspective we try to give the reality check we try to give the evidence which is without question worrying the arctic is warming twice as far as the rest of the planet that has changed the scene right across the arctic. the team of been setting up their replica of an arctic base camp for three years now in davos using the space to host events about climate change and sustainability. according to the researchers economic interest on protecting the environment do not have to be at odds. the full cost of climate change is in the trillions of us dollars without question that if we continue business as usual it will be very expensive our data definitely shows from an economic perspective it makes sense to
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say the arctic sea ice. on the scientists will keep camping out of the forum until the global c.e.o. is genuinely warm to their message. and if you're someone who frequently finds themselves stuck in traffic maybe your fantasized about your car growing wings well thanks to a plane maker boeing that dream may come true sooner than you think if you look at this. so it shows the company's first successful test of its prototype flying car boeing is among a handful of companies working on developing a thomas air transport others include and a start up backed by glue founder larry page. that's a show thanks for watching of excess full day.
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grease is the first. response to you is promoting intelligent technology to make fit for the future. the government keeps throwing off details in its way. but he's convinced that solutions the only
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way out of the financial crisis. enjoy the conflict zone confronting the powerful. back six to each passing day it's come to mean a more united kingdom on the moon damaged week a government i guess this week here in london is changing. meeting brant said campaigning on a conservative and how did britain get into this crisis and how's it going to get out of this conflict. in sixty minutes. long. serial killers. some. violent robber gangs. and ugly and a prison feature of life in one nine hundred twenty s.
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berlin. but the criminals don't reckon with the detective superintendent just came out. revolutionizes from windsor procedures a study shows that extensive record system the foundation's. metropolis of crime. starts january twenty ninth. on t.w. . welcome to focus on europe. we begin in the city of downs poland which is in mourning following the brutal death of its long time mare pavel adam ovitz was killed at a fund raising event while he was addressing a crowd of hundreds
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a man jumped on stage and stabbed him repeatedly demo that later died of his injuries.

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