Skip to main content

tv   Business - News  Deutsche Welle  February 13, 2019 4:02am-4:16am CET

4:02 am
in washington signs of a new deal to prevent another shut down markets rally on the news of a possible compromise to keep the u.s. government funded but donald trump says he isn't happy with the song it provides for its border wall. also coming up with germany under pressure to reduce dependency on russian oil and tries to source more liquid natural gas from the united states. welcome to g.w. business i'm just. signals from washington that 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.
4:03 am
has until friday to pass a funding bill without which hundreds of thousands of government employees would again find themselves without paying 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 quarter there you are the markets seem to be up on these on this news now investors do they think that the steel 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 in there it's not always easy to measure cause and effect because we also had some other political news so to speak u.s.
4:04 am
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 this shutdown it is really almost absurd to see because a couple of weeks ago where we were right in the middle of the longest shutdown in the u.s. history the markets traded to the upside so now we have the 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 tronc expressed his disappointment at the compromise here's what he had to say not happy about it it's not doing the trick but adding things to it there where 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
4:05 am
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 in time and then 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 amounts at this moment the most likely outcome might be that donald trump will sign it and then try to find some additional from doing from somewhere else some key predictions there from the ends quarter on wall street thank you very much . well germany is considering importing more natural gas from the
4:06 am
west ellen g. is the liquefied form of natural gas now once it's cool down to minus one hundred sixty degrees it has a much smaller volumes 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 l.n.g. 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
4:07 am
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 two pipeline is being built here to bring cheap gas from russia to germany but now berlin looks to be eyeing other suppliers. the economy minister picture of meyer 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's absolutely no deal involved germany has its own interest in diversifying its gas supplies. 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
4:08 am
products. u.s. deputy energy secretary danbury yet 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 u.s. elegy gas competitive throughout the world until now high 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 venezuela incurred.
4:09 am
india's antitrust commission is looking into accusations that google of uses its popular android operating system to block rivals the body has been. viewing 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 now 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 an x five series cars can inflate unexpectedly hurting passengers the company previously had to remove faulty airbags by now defunct japanese supplier talk to top. china's commerce ministry says the protectionist measures of some of foreign countries have had a negative impact on chinese business abroad case in point while way many western
4:10 am
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 strengthened their review on chinese companies in the name of safeguarding their national security. 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 quantum 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 present if that equipment is colocated to places where we have important american systems that makes more difficult for us to partner alongside
4:11 am
the u.s. trade representative robert light hisor has arrived in beijing for talks on thursday aimed at resolving the us china tariff conflict at the root our u.s. complains about china's ambitions to be a global leader in emerging technologies. nissan has released its twenty eight thousand 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 french car manufacturer the partnership was put together by former chairman and c.e.o. carlos ghosn 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
4:12 am
suggested nissan wants more parity in the relationship once complement are coming though. 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 because you'll notice there is a customs official it should be something which stands on a principle of mutual respect of our independence. we're going to do think it's through that we build a win win relationship and maximize the effect of synergy we've seen people think she has you'll take a. psych how 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
4:13 am
compensation for twenty eighteen. and that's her business update thank you so much for watching.
4:14 am
great evil something new indeed. bringing you stories cross the major stories that shape our world. news africa. once upon a time there was a young girl. with a burning ambition. to become a conductor. i was a very curious child and very excited and in love with music and i knew he would go to concerts with my parents and. the urn for being on stage with the musicians and being part of that magic wasn't difficult from the first girls she was told don't become conductors but this girl got other ideas and one day she really did become
4:15 am
a world famous conductor i'm looking to the bank . lamaist to. start feb eighteenth on t.w. . this is news africa coming up in the next fifteen minutes some people will think he's lost his mind will introduce you to the nigerian man whose whistle blowing cost him three years of wages it saves kids do it again. and and ebola outbreak in the democratic operatives is showing no sign of abating experts have already warned it may never be brought under control one of the organizations on the ground . then we go to the soap school in cape town that's looking to give just able to pull the child.

40 Views

info Stream Only

Uploaded by TV Archive on