tv Business - News Deutsche Welle February 15, 2019 3:45pm-4:01pm CET
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business i want to get johns in berlin good to have you with us and was dancing was a look to asia where stocks ended the week down retreating from four month highs after data out of china raised concerns over deflationary pressures building in the world's second biggest economy data released on friday showed china's factory gate inflation slowed for a seventh straight month in january to its weakest pace since september twenty sixth steen and it cooling domestic demand. and another focus was on a meeting between u.s. and chinese negotiators in beijing aimed at resolving the ongoing traits at. pictures a picture says more than a thousand words not really reporters in beijing would have liked to hear a word or two on how the latest round of u.s. chinese trade talks for progress and instead all the guard was a neatly arranged family photo featuring u.s. treasury secretary stephen newton and trade representative robert light hisor along
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their hosts the chinese delegation led by vice premier li you'll hear the top economic adviser to president xi. meanwhile in washington reporters couldn't get anything either. again i talk to the group they're covering all the ground they're hard at it they are going to meet with president xi so that's a very good sign and they're just soldiering on so you know i like that story and i will stay with the phrase that i was good but i can't really i can't give you details while beijing says it will buy more u.s. made goods to ease the trade deficit between the two economic superpowers there are other sticking points reports say little progress has been made on u.s. demands that china crack down on force technology transfers and reduce subsidies for domestic companies it is unclear if chinese president xi jinping participation on friday was simply meant to flatter the americans or if he came with
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a sincere offer to move forward it was earlier this week she's u.s. counterparts donald trump has suggested he may extend the deadline for the trade talks and push back new terrorists for another two months. now investment analyst kenneth cole stone a trump a quote master off distraction i'll ask him whether the chinese understand today on its strategy. i think more than most yes the chinese certainly get him more than europeans get him he seems so crazy to where european that it makes no sense but what he's always done and he wrote about this. in his book the art of the deal people just don't believe that he tries to do it is he makes extreme statements those extreme things seemed like he's a crazy man with extreme demands and then he ends up settling for something in the order of twenty percent of what he demanded and then he walks away declaring
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victory he did that with the north american free trade agreement he's doing that with tariffs in europe. generally he'd start big blows up creates the concern of chaos but the chinese or more used to that because they've got a despotic world to begin with they've got a top down control economy and they're used to the notion of extremity investment analyst ken fisher back to india now where more than half the country's population is below the age of twenty five and keen to start a career and many of them aspire to work in the public sector especially the indian railways but are there enough drops to meet the demand our india correspondence on your phone the care centers this reports. it's eight am and this school she called it wasted it's already bustling. thousands of students come here
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to pay for exams the promise to man them. with the indian government. this institute coaches about four hundred students d.d. . used to work in her team but she says she put in twelve to thirteen hours a day. she now dreams of working in a public sector like. when you get into government and your life is that nobody is nobody even knew you from the course and got this it does you know when it goes out there goes down it goes or it is gone you're out of the company like that. a job with long term security is what most students here after. they're all competing for middle to lower rung government jobs with salaries usually started about fifteen thousand rupees that's about two hundred euros a month for the classes prepare students for exams that on the torricelli tough to crack. government jobs attract hundreds of thousands of applicants dramatically
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exceeding the number of available positions for coaches managing expectations is a big part of the job the simple thing that you have to build them as. dices in order to get you so if one candidate makes it out of five in a gun it's for ninety and are bound to get disappointed that's how the game is that's although you know holding off on its own this is the company which everyone hopes landed up the indian railways with more than one million workers it's one of the world's largest employers. here. today the company is conducting exams but a recruitment drive on the outskirts of deadly. competition is b.s. earlier this year more than twenty million people applied for about one hundred thousand jobs in india great ways. but for many here it's the only hope to get regular employment and a secure future here may be the enemy even if you have
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a master's degree the starting salaries in the private sector are too low you can't support a family and that our man in the villages everyone wants a government job farming is the only work there is no other option. and a government job offers more than a regular income. a government job really. as you imagine most will affect your family when the everyone knows they don't actually matter your man with the security if you come here but getting those copper to drugs won't be easy you know a little only one out of two hundred applicants will get a chance to work with the indian great waves. one out of eight german businesses with investments in the united kingdom is planning to shift resources elsewhere in light of breakfasted that is the conclusion of a survey published by the german chambers of commerce and industry and that's up from last year back then one out of twelve businesses said they would move
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investments out of britain roughly one thousand five hundred businesses participated in the february questionnaire the united kingdom will lead the e.u. in late march. a more on that let's bring in our correspondent in frankfurt only bad what is the worst case scenario for german business when we talk about brics it. well some say even with the no deal there would be a next negligible effect on the labor market that's a statement for example by a semi official research institute from the or from the labor department here in germany but others like the german industry of chamber and calmness they say that with seven hundred fifty thousand jobs directly affected by a no deal breck's it because of all the company work all the exports that are involved that there is reason to worry and one research institute for example in holland over in lower saxony over and saxon on hold they calculated that one
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hundred thousand jobs would be lost in the case of a no deal back set and when you look at the stock market people are very uneasy i get the feeling when i talk to people along with the trade issue of course. and trade a really wearing the people down here and it's weighing heavily on sentiment all right there in frankfurt thank you so much germany's largest retail group metro is holding its annual meeting today chick entrepreneur billionaire daniel creatin ski is now bought a stake in the troubled company but it's not clear whether metro agrees with him on the need to change. metro is the world's third largest retailer but it struggled in recent years now though check invested danielle crittenden ski has set his sights on it kryten ski already owns seven point three percent of metro shaz and has an
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option to buy further interests executives behind the equity sale secretive ski's involvement as a boon. he has experienced growing his own business and he has expertise in the media and retail sectors so we believe this will work very well for metro. daniel quittin skee is one of the czech republic's wealthiest citizens his business headquarters are on prague's famous parisa street getting an interview with him though proves impossible. instead critics keep prefers to appear on sparta progs house sports channel he's the football club's chairman pretense he made most of his money in the energy sector but he also has a stake in the czech republic's most popular tabloid blessed as well as a minority share of french daily moaned the czech market is too small for the billionaire says david trimble the generalist has studied quittin ski holdings annual statements in detail and still have some kind of diversification of his
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business because now he depends heavily on the energy sector and he wants to have another businesses under the roof like check online giant mall for example the billionaire owns the e-commerce company with an annual turnover of several hundred million euros it's one of the biggest in the country analysts believe quittin scheme may want to implement some of mall successful strategies that metro now is a good time for him to boost his holdings in metro because money is cheap. is more than six billion euro also in the book and it's only the energy part of his business. so about that i think up until today it's not a big problem for him because interest rates are quite role. daniel quittin ski clearly once again with the big guns taking over metro could mean his
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breakthrough in europe. but. the head of the international monetary fund christine legarde has called on spain italy portugal and greece to fight high youth unemployment levels speaking in germany legard said the structural reforms we needed to ensure that incomes of poorer e.u. members in the south catch up with their richer northern neighbors a process referred to as convergence a successful convergence would help the bloc weather a storm taking shape in the form of populist potties. and that's your business update here on d w thanks for keeping us company.
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ico in. feeding one hundred fifty thousand schoolchildren a day in day out. police corruption juggler it's no problem at all. the biggest can change in a northern india it is run by n.g.o.s. there to make sure that no child goes hungry. thirty minutes on g w. a world of obscene wealth. india's numa raja's allow fleeting glimpses of it. to some continents of economics has made them billionaires. down there
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reveling in their limitless fortune hope to lose a richness. a moment just a video starts feb nineteenth on t.w. . crimes against humanity. civilian society come witness six. on their recorder which is travel around the globe just social media. but what is propaganda. and what is fact digital investigators combed through the flood of images from the combined sources to try to be constructive what happened and substantiate claims of crimes thanks in this video recording one of the soldiers who shot me young man is on trial now. for forensics between bits part.
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truth detectives starts feb fifteenth on t.w. . plagued the by. the state of your news live from the lead of the course of this hour u.s. president donald trump is expected to declare a national emergency along the u.s. border with mexico his controversial president to access the funds he needs to build a border war with mexico since congress has only approved a quarter of what he says he needs to take you live to washington for that announcement and for analysis of this politically charged with.
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