tv Business - News Deutsche Welle February 19, 2019 9:30am-9:45am CET
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and now i want to meet two boys moving back home for dollars by going to police and social rules and inform them of more dead basic rights my name is the about of people and they were ads. with just over a month before brags that the politicians are stalled but british businesses aren't sitting back or and more positioning themselves for a move to the continent. and strong sales for cuba signature export as the chinese develop a taste for cigars. i'm steven gerrard's in berlin 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 well politicians are promising to avoid such a scenario 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. as 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. . or london correspondent with claudia caitlin and the e.u. and trade analyst with the u.k. institute of directors business lobby which conducted that study here's what she had to say that's quite a lot of your members though 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 through 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 of march 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 correspondent big mosque 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. take a look at the town of swindon in southwest england where japanese carmaker honda
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announced it will be closing its plant in two 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 selling and that of creating on monday evening in swindon they was very little joy and in three years they will be very little creating as honda shop as its factory. we don't really have anything. as you can imagine the reaction is terrible doom and gloom lots of families what's new with children like ourselves so yeah i get it really yeah if you get it is the biggest employer in swindon three thousand five hundred employees and it will direct you not to buy in direct you know the companies you want in the house maybe because recession will be seen in cement in years and i think it's finished. that's my opinion honda built more than one hundred sixty thousand vehicles at its swindon factory in southern england last year where it makes the
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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 to run junk face says his company is too big and too important to fail he told the b.b.c. that the us government's accusations of criminal indictments against his company including fraud and the theft of trade secrets won't be enough to crush the telecom giant even if the u.s. can persuade more countries not to use four ways products said the company could always find other markets to compensate us says the company is a security threat and warns it could be used for spying or disrupting networks by
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the chinese government while way denies those assertions. hopefully a constructive conversation today when new talks between the u.s. and chinese trade delegations begin let's go now to our financial correspondent frank for daniel cope daniel what do investors want to see out of these talks. well stephen you can be very sure that if there is something what investors don't like at all here behind me at the frankfurt stock exchange and also at other exchanges around the world is certainty when we think about those i'm going talks and then sometimes very harsh rhetoric between the united states and china it is very clear that investors are hoping for a solution to happen and of course there favored a scenario would be an agreement without terence because when we take a look at the equity market for example also here in frankfurt the blue chip index dax lost during the last twelve months more than nine percent also because of this
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trait tension between the u.s. and china so yeah investors are hoping that there can be a solution found very soon. daniel or if you can hear me how are the markets in asia digesting the latest developments that is the resumption of talks and what can we expect for today in those markets and in frankfurt. well it seems that investors in asia are a little bit more optimistic as well that this solution and can be found when we take a look at the shanghai stocks there they're trading day and they're flat so you can feel some office mison when you talk here about frank for investors here are awarded about possible car chairs that could be implemented by the administration of u.s. president donald trump already because of that yesterday how shares have been very much under fire. keeping us updated there from frankfurt thank you dana. european union has agreed to new limits for truck exhausts the call for carbon
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dioxide output to fall thirty percent by two thousand and thirty this after the european parliament and the european council met to hammer out an early morning compromise and the e.u. wants to reduce emissions from commercial trucks and private cars to achieve the climate targets from the paris agreement cars c o two emissions have been subject to ever stricter limits these are the first targets of their kind for new commercial vehicles. and over a lot america currencies come and go but cuban cigars are always in demand asian consumers are increasingly driving sales of the famous noakes which are an important source of hard cash for the communist island event is now holding its annual cigar festival and one of its largest players has announced its biggest ever turnover think of cigars and think of cuba have been a mainstay of the on insects sport save for the years and brought in badly needed foreign currencies to its struggling economy and that looks set to continue with new markets rolling up for
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a piece of the action. the island's annual cigar festival began this week with one of the sexes biggest players announcing record annual sales. and twenty eight team we reached five hundred thirty seven million dollars in sales seven percent more than the year before and we've also seen great ideals in zero four of the growing regions. and it's not just in the fields where growth is exceeding expectations exports are being driven by rising demand in asia particularly in the middle east and china and other spain remains the biggest market for cuban cigars the chinese gaining. on you. but we've seen happen is that china has now overtaken france to become a second biggest international market the exponential growth that we've seen in china i'm the new tax legislation in france has meant that we've been able to keep tapping this valuable market.
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keeping capital have anna is celebrating its five hundredth anniversary and with the chinese developing a taste for cigars the island signature product has many years left in it yet. they say necessity is the mother of invention and in venezuela people can get very inventive that's because the need there is very great with many small shopkeepers unable to pay their rent they're increasingly working on the street that leaves more money to survive with and it's the only way many people stay afloat at all. good that the weather in caracas is mostly sunny and dry it allows more and more micro entrepreneurs to move their work outside like this cobbler jose gregorio quest taro. repair shoes so them glue them about what i repair them because you can imagine the actual situation trying to buy new shoes the customers can find me and i don't have any expenses. hairstylists are
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working out side too. last year about twenty hairdressers settled near seimone boulevard square. they work there under a viaduct with all their equipment and mirrors there's even electricity for the hair dryer outside. jose ca stroh makes a small income from delivering water. i make ten or twenty trips and live off of what i earn or we're not normally i would think about him more and more businesses are shifting their work to the streets now if you're looking for a good place for dinner why not go for the very best as in the best restaurant in the world and that's the honor this just been bestowed on a south african beach eatery. the restaurant's got only seats twenty and offers local fare like shellfish oysters and even a seagrass that grows in the nearby dunes it's tasting menu cost fifty three euros
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that's a fraction of what most top restaurants charge the award was issued by the paris face world restaurant awards it's the inaugural issue chef copas fundament says he would not be hiking is priceless. sure to make reservations of course and that's our business report for the day you can always find more about these stories and others on our website dot com slash business be sure to follow us on facebook and twitter stay tuned for news coming up next i'm seeing there's a villain as always for watching. the
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to the boat and thousands of. cars. on the streets. changing to. digital. starts marching. to w. m d. hello 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 we'll 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
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global and south asia in particular is putting the pedal to the metal with deafening bands from all over the indian subcontinent going head to head and head banging bangalore. tango roll. these are the kinds of images we are used to seeing from india's largest city but just outside city limits its head banging on all the back you know i've been a festival is an annual paradise for mexican lovers it's the country's only heavy metal festival in. the back of the bands here just so i will get to go to the world's largest heavy metal festival in fact germany trainwreck from bangladesh.
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