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tv   Business - News  Deutsche Welle  February 19, 2019 7:30am-7:45am CET

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featured in many moonbeams his music is bound to. his fans he opens doors to. sounds good. i'm sure that's so much more than just background music video game music starts to do or twenty fifth on d. w. . just over a month to go before brags that in the politicians are stalled but british businesses aren't sitting pat more and more are positioning themselves for a move to the continent. and germany is planning a move away from coal we'll look at how one community is trying to move on from its dependence on mining the the fossil fuels. i'm stephen beardsley thanks for joining us britain has just over a month to cement its divorce deal with the e.u. without which the specter of overnight tariffs and long border queues could become
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reality and all politicians are promising to avoid such a scenario you keep businesses aren't so sure one third now say they're planning a move to the e.u. to ensure market access there take a look. breck the day edges ever closer the face of economic ties between the united kingdom and the rest of the world continues to lie in the balance. the lack of clarity has prompted many u.k. companies to come up with contingency plans some are stockpiling goods in case of a messy transition others are considering moving abroad every sin study of over twelve hundred u.k. business leaders finds that sixteen percent of firms are already pressing ahead with relocation plans a further thirteen percent are actively considering doing so the institute of directors which conducted the study has thirty thousand members two thirds of them export to the e.u. . chief among the concerns of exporting companies is the prospect of overnight tar
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ifs which could come into effect of british lawmakers fail to sign off on a deal with the e.u. . our london correspondent spoke with claudia kaitlin an e.u. and trade analyst with the u.k.'s institute of directors business lobby which conducted that study here's what she had to say that's quite a lot of your members so it's quite a drastic step as well it is quite a just accept and we were quite surprised but i think what it shows is that it's getting to the crunch time now and that is a very frustrated there's been no progress in parliament to for recent weeks members a small medium sized businesses and actually moving to the actually quite a drastic measure to take so it just shows that it's getting to the point where they're very frustrated and they want some progress and what about the free trade deal that's come out recently that most of the free trade use of the e.u. has with other countries are not going to be rolled over and i'm for braggs does that have any consequences to the pressure for your members i think one of the main
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ways that the government can ensure continuity of business in the u.k. is ensuring that they can roll over these trade agreements by march it is disappointing that there hasn't been too much progress in that regard but the same time two thirds two thirds of our members have said that their priority is that we get it in agreement with the e.u. before we actually start negotiating the free trade deals so what will be your message for your members on behalf of your members to the british government we have been encouraging the government to actually push for the withdrawal agreement in palm it so seventy five percent of our members want the withdrawal agreement ratified for the twenty ninth the boche to allow for a transition period and this transition period is very important because it allows for a private period of time where this can actually transition to the longer term trading arrangements. thank you very much. and that was the mass there in london now it's not just british businesses facing tough decisions in the country foreign companies are also reassessing their presence in the u.k.
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take a look at the town of swindon in southwest england where japanese carmaker honda announced it will be closing its plant in three years thousands will lose their jobs and many local businesses will lose their main source of income. the honda company philosophy espouses the three joys that of buying that have sailing and that of creating on monday evening in swindon there was very little joy and in three years there will be very little creating as honda shop as its factory. we don't really have anything. you can imagine the reaction is terrible doom and gloom lots of families what we would children like ourselves so yeah get it really. is the biggest employer in swindon three thousand five hundred employees and it will direct you not to buy in direct companies you won't now see maybe because recession will be seen in swindon i think it's finished. that's my opinion honda built more than one hundred sixty thousand vehicles at its swindon factory in
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southern england last year where it makes the civic and c.v. models that accounts for more than ten percent of britain's total output of around one and a half million cars one local member of parliament said reports of the closure were shocking but that the planned closure was not related to bricks it however japan has repeatedly warned if london does not secure a brics a deal favorable for trade it could pull investments in britain which it had seen as a gateway into europe. while way found junk face said his company is too big and too important to fail the u.s. government's accusations and criminal indictments including fraud in the theft of trade secrets won't be enough to crush while way he said during an interview with the b.b.c. even if the u.s. can persuade more countries not to use why waste products he said the company could always find other markets to compensate us said the company is a security and let's go now to daniel cope our financial correspondent there in
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frankfurt daniel obviously u.s. and china trade delegation speaking today continuing their talks over the trade dispute what do investors there where you are want to see out of these talks. good morning stephen well the answer i guess is very simple if there is something what investors and traders what they don't like at all it is uncertainty and we have been talking about that trade war between beijing and washington for months with lots of ups and downs and very harsh rhetoric from both sides so they want answers what is going to happen with the current u.s. president who can change his mind within minutes this situation is even more difficult for investors and certainly beside clarification investors at the end would prefer an agreement without tears we just have to remember how markets around the world i guess we can say have been dealing with this trade tension when we take
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a look here at the group index dax in frankfurt shares over the last twelve months have tumbled by about nine percent and we're talking here about billions of euros which have been lost in the equity market so you can see how much a solution would be appreciated and briefly daniel how the markets in asia just in the resumption of talks and what we expect for frankfurt well the mood at the asian markets this morning it's pretty positive because of the talk there is some optimism in the big indices in shanghai the nikkei index and also the hong is then all in the green this morning while the mood among traders in asia is optimistic traders here in europe and mostly in frankfurt are concerned about possible car tears from the united states has been putting the shares of car makers already very much under pressure yesterday and most likely also today. there for us in frankfurt thank you daniel brown coal or lignite is on the way out in germany consumption has already fallen and now the government hopes to seal the fossil fuels fate with
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a legislative package by the end of april the exit from lignite will be expensive however forty billion euros to be set aside for local communities which stand to lose thousands of jobs few of the future is especially pronounced in the eastern region of laos it's a long time mining hotspot. for. coal was on the decline even before germany's decision to phase it out his engineering company delivered its last major coal related search financing we have lots of ideas but we can't realise them on our own. the lignite coal mining areas of the laus it's region have already been bleeding economically in coles heyday eighty thousand workers were employed in the mines and power plants here now there are only eight thousand. the giant knocked an open cast mine borders on the town of vice foster it sixteen thousand residents have some experience of restructuring but the end of lignite mining is the new dimension. you want to have
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a better modelers as well we want to do it better than they were valley did we want to plan for the long term twenty years may sound like a long time but ultimately it's pretty short and we want to all work together to make this restructuring a success to avoid getting caught. at the top of the wish list is a better railway link at the moment only two trains an hour stop at the station. the trip to berlin takes a full ninety minutes. to be on the high speed i.c.e. stretch would be our dream but in any case an electrified line so people could go fast between berlin and garlands by a vice faster and then on to town. so far there are not many ways to reach by sasser fast although the town has a lot to offer businesses there's plenty of available space super fast internet and low commercial rents that could attract investors at the moment officials are negotiating with a film production company that's considering
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a move to vice versa you have all your critique just as you do we want a creative economy to settle here we want to be able to offer young enterprises affordable and fully equipped office spaces. stephens those s. k. m. group is also moving away from coal this part is intended for the construction industry that's a sector that offers higher margins for the facility manufacturers and better prospects for the future if he can once all seemed well complete moving completely out of mining into the buildings material industry for example and given the backlog of housing construction they'll be lots of work for a company in the coming years. despite that optimism they're likely to be tough years ahead for this entrepreneur and he's waiting for the politicians to produce a real restructuring plan for the allows its region in the post coal era. rescue operations are continuing in zimbabwe where more than two dozen bodies have been recovered after a dam burst and flooded to abandon gold mines last week many are feared dead but
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eight survivors have been rescued the incident which occurred west of farrar throws a harsh light on the dangerous conditions workers face in the country's illegal mines. it is the fear of every family with a miner losing a loved one just because they were trying to put food on the table. but that time we struggled to get the bodies into the body bags so we had to do it because these are our relatives and workmates. twenty four bodies were retrieved from two disused gold mines by sunday eight men were pulled out alive but dozens remain trapped in the flooded mines. the one main. city. most of them by always gold is extracted by small scale miners working in
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unsafe and disused pits many have no other choice but to work their zimbabwe's economy has been struggling for years and illegal mining is the only source of income for some. and that's it for me in the business team you can find out more about these stories at d w dot com slash business i'm seeing tears in berlin thanks for watching.
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a low and welcome to the world of arts and culture i'm david leavitt's on this edition of the show we will have you screaming and whispering will show you the libraries of the future how innovative architects are getting people checking out books and a whole lot more. and what books should you be checking out we've got a hot tip from our series of one hundred mustering. but first i promised you screaming and you're going to get it hard rock has gone global and south asia in particular is putting the pedal to the metal with deafening bands from all over the indian sub continent going head to head and head banging bangalore. bangalore all.
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these are the kinds of images we are used to seeing from india's not just city but just outside city limits its head banging along the back you know i've been there first of all is an annual paradise from mecca love and it's the country's only heavy metal festival to. the back of the bands here just so i will get to go to the world's largest heavy metal festival in fact can be germany trainwreck from bangladesh in contention.

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