tv Business - News Deutsche Welle February 13, 2019 2:02am-2:15am CET
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in washington signs of a new deal to prevent another shutdown the markets rally on the news of a possible compromise to keep the u.s. government funded donald trump says he isn't happy with the summit it provides for his border wall. also coming up with germany under pressure to reduce dependency on russian oil it tries to source more liquid natural gas from the united states. welcome to g.w. business i'm joined now the. signals from washington about another costly government shutdown could be avoided democrats and republicans have agreed in principle on a compromise and their long running budget dispute but the plan only includes a fraction of the money president donald trump wants for his border wall leading to the possibility he could veto it the u.s.
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has until friday to pass a funding bill without which hundreds of thousands of government employees would again find themselves without economists estimated of the last shutdown which lasted thirty five days cost the u.s. eleven billion dollars in economic activity that was twice the amount had asked for . let's bring in yes quarter on wall street and quarter there you are the markets that seem to be up on these on this news now investors do they think about this deal will stick. that's the overall feeling at this moment here on wall street in greece saw a pretty strong finish blue chips up by a good three hundred seventy points or about one and a half per cent but there it's not always easy to measure cause and effect because we also had some other political news so to speak u.s.
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president donald trump hinting that he might be willing to extend the deadline when it comes to trade talks with china so they're probably also was a big reason why we saw the market trading to the upside but talking about the shutdown it is really almost absurd to see because a couple of weeks ago where we were right in the middle of the longest a shutdown in u.s. history the markets traded to the upside so now we have hope that another shutdown can be averted and the markets are up again your usual market madness there now hang on for a second chance we'll get back to you now a short while ago president trump expressed his disappointment at the compromise here's what he had to say not happy about it it's not doing the trick but i'm adding things to it and when you add whatever i have to add it's all it's all going to happen i would hope that there won't be a shutdown i am extremely unhappy with what the democrats have given us. so briefly
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ends are we going to see more wheeling and dealing ahead. well we might but overall the feeling is that donald trump will sign the new legislation and time and then might try to divert divert money from somewhere else to increase the funding for border security and i'm not saying that five billion dollars that's roughly overall what donald trump is looking at is not a lot of money it is a lot of money but if you take it into perspective and see what share of the overall budget that it is actually not such a huge amount so at this moment the most likely outcome might be that donald trump will sign it and then try to find some additional from being from somewhere else some key predictions there from the ends cartel on wall street thank you very much . now germany is considering importing more natural gas from the
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west. is the liquefied form of natural gas now once it's cool down to minus one hundred sixty degrees it has a much smaller volume making it easier to ship and trade around the world now the u.s. has long been the nach of the largest producer of natural gas but the country has only recently begun to break into the l.n.g. market still it's expanding quickly experts say the u.s. could become the third largest exporter in the world by twenty twenty after qatar and australia the u.s. currently has three ports to load l.n.g. the company's ten year operates two facilities in louisiana and texas and dominion energy operates out of maryland more than a dozen other terminals are currently under construction or planned receiving terminals and germany are also being built and in forty countries around the world
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other countries that is germany's potential purchase of more natural gas from the u.s. is also seen as a concession to washington who's of feathers have been ruffled by the planned nord stream to pipeline. the controversial north stream to pipeline is being built here to bring cheap gas from russia to germany but now berlin looks to be eyeing other suppliers. economy minister picture of myers says two german terminals could soon be receiving shipments of u.s. liquefied natural gas a movie said was not in response to u.s. criticism of the pipeline. no there is absolutely no deal involved germany has its own interest in diversifying its gas supplies. would be if you'd see them and we also have an interest in developing our trade relations with the u.s. in such a way that we can achieve not higher but lower tariffs and levies on industrial
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products. shouldn't. us deputy energy secretary dan brianne downplayed differences over the pipeline project we do have our disagreements from time to time on this specific project called nordstrom but we will work through that and we will work to make the us l. and g. gas competitive throughout the world until now higher transport costs have kept american liquid gas off the german market now the u.s. side says it expects the price of the fuel to drop dramatically in the next decade . now to some of the other global business headlines more energy new u.s. crude oil exports into europe have hit a new record in january shipments amounted to six hundred thirty thousand barrels per day still behind russia and iraq but above other opec producers higher u.s. oil exports have been helped by lower supplies of iranian and venezuelan crude.
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india's anti-trust commission is looking into accusations that google of uses its popular android mobile operating system to block rivals the body has been reviewing a case similar to one google faced in europe that led to a fine of over four billion euros last year which google is the appealing. german car maker b.m.w. is recalling half a million cars that could be equipped with faulty airbags the safety devices and five and x five series cars can inflate unexpectedly hurting passengers to come. but he previously had to remove faulty air bags made by now defunct japanese supplier talk to top. china's commerce ministry says the protectionist measures of some a foreign countries have had a negative impact on chinese business abroad case in point while way many western
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countries have instructed their mobile phone operators not to use equipment from the company which has close ties to the chinese military. rising protectionism worldwide is starting to have a serious impact on chinese business that's according to china's ministry of commerce. we saw that some countries practicing protectionism had strengthen their review on chinese companies in the name of safeguarding their national security and . it is had some negative impacts on foreign investment for chinese enterprises. the u.s. secretary of state mike pompei o is currently on a european tour to discourage the use of one weighs five g. wireless networks saying it's a potential threat to u.s. national security we say this around the world and it also makes it more difficult for america to be president that is if that equipment just colocated to places where we have important american systems it makes more difficult for us to partner
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alongside the u.s. trade representative robert litan hisor has arrived in beijing for talks on thursday aimed at resolving the us china terror of conflict at the root our us complains about china's ambitions to be a global leader in emerging technologies. nissan has released its twenty eighteen results and it's a worrying picture for the japanese carmaker it claims a forty five percent drop and bottom line profit for the first nine months of its fiscal year on weakening global demand and there's a bigger question looming over the company the future of its alliance with the french car manufacturer the partnership was put together by former chairman and c.e.o. carla scone a man we now sits in a tokyo jail. the relationship between the two car makers has never been easy and with going out of the picture it stands to get worse nissan c.e.o. who wrote to a psychologist said tuesday that maintaining the alliance is his priority but he
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suggested nissan wants more parity in the relationship what's called them on how to cope with all that i don't think the alliance is something which becomes valuable just because parties are tied together by a contract or are set up as a holding company within the tool is there is a customs issues that should be something which stands on a principle of mutual respect of our independence. we're going to do so and through that we build a win win relationship and maximize the effect of center gene. pool to people from it she knows you'll stay there. psychology will meet his counterpart at renault. later this week in japan for only their second meeting the french carmaker owns a forty three percent stake in nissan compared to nissan's fifteen percent stake in renault goans arrest came amid reports that he was trying to turn the alliance into a merger it was psycho apologized again for the scandal on tuesday it will continue to dominate headlines and bottom lines nissan says it may still owe go on his
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out. it's time for berlin sixty nine film festival. we give you the lowdown on all the stars. and. the late one nine hundred every day sunday the. place it's time to take one step further come up and face the loss of. time to smash the moment and fight for the troops. to overcome boundaries and connections colaba it's time for a double. dose coming up ahead of me mum's. the for her first day of school in the jungle. first listen to this list spent doris crane the moment arrives.
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join during a taping on her journey back to freedom. in our interactive documentary. store on the brain ten returns home on dot com. tang's. more than eight hundred million people around the world are thanks to by extreme poverty and hunger. in sub-saharan africa almost a quarter of the population is undernourished in spite of government.
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