tv Business - News Deutsche Welle February 1, 2019 7:15pm-7:31pm CET
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you're watching news from berlin don't forget you coast to the latest news and information around the boss on our web site that's at w dot com you can follow us on social media i'm sorry kelly in for a lengthy q. so much for watching i'm afraid to. cut. the if you ever have to cover up a murder the best way is to make the accidents raring to play the bums memorandum book like this are going to. the fullest the british or the streets. romex. we present bureaucrats most summation of its most exclusive. most creative
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colorful glamorous trendy tasteful innovators brilliant charming excited blows elizabeth churchill blood starts february second two double. doings to go until nigerians go to the polls and the incumbent government is under pressure africa's most populous nation and its largest oil producer still struggles to get unemployment and poverty under control. and trade is brisk but not the legal part of it authorities in hong kong and uganda confiscate illegal ivory and other animal products worth millions. is d.w. business africa. the world's center of poverty this sad title belongs to the west
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african country of nigeria taking the crown from india last year nigeria has now the world record in terms of the share of the population in poverty almost half of nigerians are living below the breadline that's a total of eighty seven million people despite the country's enormous oil reserves the situation is not improving unemployment is rising almost one in four is unemployed our correspondent every increased reports from kudu not in the north of the country. the start of the work day for. every day the twenty five year old merchant sells car accessories and shelves on the roadside in the blazing sun seven days a week ten hours a day. only lazy people wait for the government to help them i've always lived my life like this working hard from morning till night and that's how it'll stay i was never supported by the
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government and that's not going to change. on the streets of nigeria there are thousands of merchants like yahoo who live at subsistence level nigeria's economy has been in recession since president obama took office in two thousand and fifteen mainly because of the low oil price the economy is barely diversified and it's basically the youth who are suffering from the consequences. according to official statistics four out of ten large area and are unemployed or underemployed according to economist and show the figures have been rising dramatically for years twenty million nigerians when you play so he's quite quite dangerous. going to do with the. you know this kind of plight is going to happen a lot of problems in the region you know it illegal actually is. gives
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you know how this form of closure is how well us or she didn't think it went. in because maybe to somebody doesn't have anything to do you don't believe you for sure because there's nothing to lose in the last election campaign president bihari took up the cause to fight against unemployment but he hasn't been able to deliver any results his biggest competitor. a successful businessman who wants to get the economy back on track could profit from it in mid february elections. no matter who wins abdulahi outgroup still doesn't believe that anything will change for him he's been a street vendor since he was nine years old he wants to continue even if on some days he goes home empty handed. well while poverty and unemployment problems for many in nigeria you also have extreme wealth there forbes magazine
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just published a list of african billionaires and here are the top three that were just person in africa is a nigerian his name is lee codeine godi he's worth an estimated ten point three billion dollars is the biggest cement manufacturer on the continent is company the then go to group also owns sugar refineries flour mills and is engaged in many other activities the second richest man is also from nigeria mike. he is worth an estimated nine point two billion dollars he owns global called my jury has third largest mobile network number three as diana then nicky oppenheimer from south africa his grandfather founded diamond mining firm de bears which nicking sold in twenty twelve is currently worth an estimated seven point three billion dollars altogether there are twenty billionaires in all of africa. for a customs officials in hong kong busted a massive endangered species smuggling operation from africa season. of penguins
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stales a man and a woman from a trading company in the city have since been arrested officers displayed some of the eight thousand and three hundred kilos of pangolin scales along with ivory tusks also hidden inside a container declared to be carrion frozen beneath the value of the seized goods eight million dollars is sold off the meat and it's unproven medicine or if it was a shipment from nigeria for vietnam in uganda also confiscated whole of illegal ivory and punggol and scales the market value a three point five million u.s. dollars has more. the ugandan customs check every container but they were suspicious about this one because it came into the country via a convoluted route from the democratic republic of congo through south sudan to the ugandan border inside tropical timber but the tree trunks had be hollowed out and
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filled with ivory. to intercept city by trying to contain as. containing oak tree to vietnamese nationals have been arrested and officials believe the ivory was headed for the asian market three hundred twenty five elephants had to be killed for this ivory there were also the scales of hundreds of endangered pangolin. yes for us this is one of the biggest cuts all interception of boards which up prohibited to be traded in on that international wildlife protocol or sites so we believe that this is a vice that's what runs us from the nature of it to such space that we are having we are now into getting them attacking us from them the smugglers hadn't reckoned with state of the out scanners at this border crossing but as long as there is a market they will be smuggling. before we leave the cons and i would like to leave
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you with a special request and bring us closer to you and your stories closer to us here's our report a gallon for. our reporter gear didn't need your help. i'm heading to book enough. and i just wanted to ask you any idea from. the top and i meet my editor on the planet and if you kind of. pay for what you want to. be a half. percent it's your suggestions on twitter and facebook. now to other news today is of trade talks between the u.s. and china and then on thursday without a deal disappointing but not surprising investors this is the month remaining on till a temporary trade truce between the two nations expires potentially triggering u.s. import duties on two hundred billion dollars of chinese goods now u.s. president donald trump says there will be no final accord until he meets with his
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chinese counterpart dejan pain. the world's two largest economies are battling for future dominance in critical high tech industries according to robert light hisor the lead u.s. negotiator in beijing's corner chinese vice premier you hate the smiles hide the fact that beijing is fuming over washington's prosecution of chinese telecoms giant while away but president trump clearly believes he hold the aces and is willing to play a waiting game we're going to go into everything you probably saw this morning or put out or say we're going into everything this is going to be a small deal which this is going to be a very big deal or it's going to be until there were just postpone for a little while but earlier trump had tweeted his negotiating position looking for china to open the markets not only to financial services which they are now doing but also to our manufacturing firmus and other u.s. businesses and industries without this deal would be unacceptable beijing strategic
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plan aims to make the nation the global leader in aerospace robotics artificial intelligence and a new generation autos sectors the u.s. officials say the crown jewels of american technology and innovation the u.s. is attacking chinese trade practices they call unfair including the forced transfer of american technology by a man to treat joint ventures with local firms. unemployment house we've heard about. and there's the opposite depan is running out of workers for every one hundred job seekers there are currently one hundred sixty one vacancies according to fresh government data released today as in many advanced economies depends population is rapidly aging the country's workforce is shrinking and immigration has never been a reliable source of labor so robots make a real difference. and entire country is retiring and those who grow
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old don't only stop working they also need help especially in the care sector workers are in short supply to compensate japan relies on robots and they can do quite a bit. you. need some getting used to maybe but in japan it's already a fact of life. that the workplace a combination of man and machine can boost productivity this portable chair supports the legs the japanese already have very long working days the idea behind it is that it helps to get a little more done. the. sort of thing you think i think there are jobs all over the world where employees have to stand for long periods of time we hope to spread our technology throughout the world. doctors for example could use the chair for more enduring strong long operations.
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and this warehouse worker can handle heavy loads while working alone once it's been instructed the robot pokes around without bumping into anything during deliveries the logistics industry is complaining about too few workers perhaps the digital speedster could help. japan is investing heavily in robotics and artificial intelligence the country urgently needs to do something to attract skilled workers immigration has so far been rather alien to the japanese but now it's being made easier because not everything can be taken over by a robot some things still need the personal touch. germany's largest lender has reported a profit for loss for the last fiscal year the first time germany's premium lender was in the black since twenty forty according to the. number storage
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a bank made around three hundred fourteen million euros in profit slightly lower those expectations again raise speculation about a merger with germany's smaller commands bunkers solution favored by the german government but skeptics say the resulting bad bank would still be too small to be internationally competitive. and that's it from me and the business africa team here in berlin. website w dot com slash business it comes and thirty nine which is sway in the house among them maybe yours is there as well said news optimist.
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hundred fifty tonnes of it the first year eleven and giving pharmacy an unfriendly alternative to chemical fertilisers. sixty minutes on d w. going up today don't miss our highlights. program morning w dot com hard words. this is deja vu news africa coming up in the next fifteen minutes the world has made great progress when it comes to managing a child the aids but in africa the stigma associated with the virus is still very strong will be talking to a prominent activist. then the fall house start of all he turns one hundred years old to a modern classic in nigeria.
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