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tv   Business - News  Deutsche Welle  February 22, 2019 2:45pm-3:01pm CET

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says officer foley that's not all being right. this is business as. in berlin you all the while way to hell u.s. secretary of state my computer warns allies the u.s. will no longer provide top secret intelligence to countries that use well ways equipment in that colon that what's the u.s. fear is that while way will buckets its devices and transmit u.s. intelligence back to the government in beijing shows the pressure on western countries is increasing america's rhetoric. with us all with a. dangerous it's well way. duke longways employees program back doors into its software for espionage purposes perhaps even so-called kill switches that could disable an entire country's mobile network in one fell swoop washington has been investigating these questions for more than a decade concerned about why always close ties to the chinese government in two thousand and six the white house sanctioned the first intelligence operation
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against the company and even more extensive operation followed three years later. the n.s.a. succeeded in reading while ways e-mail archives as well as the secret source codes for individual while way products washington says it has proof of chinese military involvement we can't forget these these systems were designed by. express work alongside the chinese p l a their military in china they. they are creating a real risk for these countries and their systems the security of their people europeans care deeply about their privacy the risk to privacy from this technology is very very real and we're proud sharing this information the knowledge that america has gained through its vast network and making sure countries understand the risk that's important we think they'll make good decisions when they understand that risk. oh it was founded by former military officer run junk phase but beijing
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denies exerting any influence over the hardware maker and the evidence isn't overwhelming documents leaked by former n.s.a. contractor edward snowden five years ago suggested the agency hadn't found any spyware and while we source code but security experts warn that doesn't rule out back doors and it would be possible to install spyware in later updates. mumbai has been india's boom town for years and if you invested in real estate there used to do pretty well but that is thing of the past thousands of apartments sit unsold in the indian financial power and by biding their time in the hope of further prize falls a second twenty seventeen real estate prices fell by five percent last year again it was almost seven percent there are still hundreds of thousands of unsold properties on the indian indian market and it may take nearly two years to sell off just those property consultants knight frank dick so what happens will the next
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real estate prices be coming from india is our report from mumbai. the property consultant tejwani has been in the business for a long time he was always said that she couldn't go wrong with real estate in mumbai but now apartments are getting harder to sell for a good price at least. being the best of my century realestate and also consulted in this town hall people may be feeling i myself have invested in a few properties which i expected would give me a hands on ritalin that i would be able to walk away from the market but they will say that i pray that the change is baited in a couple of cases maybe slated or that what i had bought and what had been missed it there are many reasons prices have taken a hit over the past year for example channeling cash into the construction sector has become more difficult because of changes in the law planning errors are also a factor too many luxury in too few affordable apartments were built and then there
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was the partial insolvency of the major financier ireland fs the chain reaction among india's shadow banking sector was only prevented by government intervention. the shock is deep the consequences of felt by all those who are planning new projects in the past the real estate developer protests and garvey was able to sell his products in the shell phase he then used the money to finance the completion now it's more difficult to get capital business is getting harder. if you look at it because of constructing an apartment complex it's very very very near to be sealed grange ward. fellow so there is not much of modern humans left in the business ironically new buildings are actually urgently needed in mumbai because prices continue to fall buyers prefer to wait and see it's a vicious cycle and even the best bargain offer won't help. rival german
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carmakers b.m.w. and dime a merger ride share ride hailing car sharing and electric vehicle sharing services the tie up which was announced early last year was officially announced by the two c.e.o.'s of the companies in berlin where the new venture will be headquartered brings fourteen brands including. timeless consequent b.m.w.'s drive now under one roof the partnership with some sixty million customers in twenty cities and it plans to invest one billion euros in the joint venture the german luxury carmaker has say the goal is to consolidate market share and address growing competition you company will also be offering an expanded lineup of driving related services leading parking charging stations for e-commerce and complement. of my colleague while the chris what was at the event today kristof went to bitter
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rivals like b.m.w. and cooperate on those fields where the future of mobility will be shaped is that shrewd move there both are seeing the same thing these rival see that the environment in which they're operating is dramatically changing people especially young ones in urban areas are now a days less much less interested in owning a car let alone one that can be considered a status symbol like a b.m.w. or immersed eighty's so the same time people still embrace individual mobility they still like to go around in cars and they still like convenience maybe knowledge more than ever so trying to address these changes which b.m.w. and dime were may have underestimated in the in the past they say all right we're doing this together and we need to do it in size hence the op at the same time they're trying to are very much interested in keeping their core business very much separated so this is sort of a situation of enemies with benefits as somebody put it today it's
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a very nicely put those enemies with benefits what advantage do they have they. over india and china. for example companies that have completely disrupted the mobility market b.m.w. and i'm with say they have history on their side they're both companies that are over one hundred years old and throughout the decades they claim they have developed a very deep bond with their customer ship one that they're banking on now when it comes to new technology here is. that. while our customers trust in the safety or cost provide for their lives they trust as well in the safety of their data you know a hands and that i think is an inherent advantage which we can offer. than a cod to such a that chris if we look at the car sharing to v. tes of the two companies b.m.w. and dime left other making any money with it and if not will and the times will die
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unless ride sharing service is not profitable so far the one that b.m.w. is offering is much smaller and does reportedly post some earnings now the joint venture in which these two services will be put together along with other services and we talked about this joint venture is expected to be profitable that's something that both c.e.o.'s haven't cougar and david said to stretch numerous times today it also sounded like both sides would be inclined to inject more money than just the one billion euros that they've put up on the table so far into the into the venture but we have to keep in mind both companies they are luxury car makers they're both used to raking in large profits and they're they're going all in on this so seeing the scale of commitment seeing the scale of investment i'm pretty sure that they would rather sooner than later see some profits. see thank you very much because of course. jamar leader aung sun suu kyi has
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called for investment in the crisis hit western state of rockin on friday saying the world focused narrowly on negative aspects in the states the past two years and the western part of myanmar has made headlines with the internationally condemning spouse and of their one hinge or ethnic minority in the region has unlike the rest of myanmar hardly benefited the economically from the opening of the country. in a photo with the head of government something very special for the participants of the investor conference in iraq her when. she really gets lost in this region now she talks about the great opportunities that western me and offers foreign investors. when you're miners benefited widely from the opening up of high conny much of the kind economic potentials children means untapped for too long the international community's attention has been focused narrowly on negative aspects
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related to problems and also crime rather than on the panorama that shows the immense potential of this state. prosperity peace and growth that's what craftsmen and entrepreneurs in iraq ryan want the north of their region became known above all for the expulsion of hundreds of thousands of the ring gear minority but also for the army's brutal actions against women and children also and suci would like people to forget pictures like these and the people here are in desperate need of progress there from the conflict in the country has caused serious damage to the economy. no you have a democracy when the early conflict broke out the development in iraq kind of went down to about fifty percent now it's getting worse because of the fresh fight between the our economy and the government i'm in now where i don't want it that's why many tourists have canceled their visits to end up falling down where. it will be at best way to maintain the development in rakhine is to stop the crisis and
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solve these problems quickly we write that down we don't know what. critics complain that the rohingya still living in the region have not yet benefited from any of the development projects on the contrary the state committee chaired by the head of government is having rohingya residential areas destroyed in order to build housing for other ethnic groups. and that's it from me and the business as a team here and then much more business news stories of course on our website. slash business to check it out and do follow us on facebook and twitter if you don't already do so now stay tuned for the news on it up next just after this quick check on global.
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the food coming in.
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the middle. of you by using can spam out a place called to thought of from the bottom not to call to be easy to come up people come from the target less subtle. and you have come together as a collective still first and master the estate almost protests getting on top and being an artist i was like i should speak about all these things are. not going to minutes top double to. the first. day at school. or first calling most of them in the door as grand the moment arrives. join your reckoning on her journey back to freedom. in our interactive documentary storm an orangutan returns home monday w.
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frankfurt airport city managed by frog bought. you news live from our land from over the whole show down to the battle of the bands in venezuela tens of thousands of people had to pay rival music concerts near venice was border with colombia the events that set to kick off what could be a decisive week at as the impasse over aid for the country heats up. also coming up
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as kenya's high court postpones a much awaited decision on decriminalizing de sacs we will hear what it's like to be a lesbian in the country.

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