tv Business - News Deutsche Welle February 23, 2019 2:02am-2:16am CET
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no misconduct he denies any wrongdoing and. a very very good chance of reaching a deal that's u.s. president donald trump speaking about the latest round of talks between the united states and china and despite the progress hammering out a deal before the march first deadline becomes increasingly unlikely also coming up a trade war on two fronts e.u. trade ministers meet in bucharest and pledged to hit back if washington boosts tariffs on european cars and it used to be a boom town for property. now mumbai house prices are falling at an alarming rate. i'm chris colburn berlin welcome to the program. u.s. president on trump says he's happy with the progress in this week's round of trade
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negotiations with china and that he would extend talks through the weekend that as u.s. media reports that china has agreed to buy up to one point two trillion dollars worth of goods from the united states is a trump says he expects to meet china's leader next month and that the two presidents would rush out the biggest parts of the deal in person and thereby extending negotiations beyond the initial deadline of march first for more on this last cross over to new york and our correspondent course a louise they are standing by as closely luis de negotiations are apparently moving forward how relieved are people on wall street to see that sort of progress. they are really very agrees about the still of it early to uncork the champagne and i'm just quoting here to secretary of commerce will rolls on friday it might be early for some of the trade hawks inside the administration but trump said it
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doesn't deal is more likely to happen than not since have progress has been made he justified by pointing to the current will be extended to days as you note is also there seems to be a compromise to reduce the trade gap between us and china which has a promise to buy more energy industrial products like cultural ones or semiconductors from the us also the reason i deal in currency and currency manipulation but as they leave you as a negotiator robert. are you very big cardinals remain maybe those will be by trump and china's president xi jinping coming meeting probably in march where a we have such as a force technology transfer and other structural reforms demanded by the u.s. now speaking of about these stumbling blocks one of them certainly is the issue of intellectual property rights the u.s. wants to address this issue and then there's the case of chinese tech giant who are way the u.s. is spying for the chinese government the chinese say well that's all bogus and now
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this issue could be part of the trade negotiations. yeah that's correct and when it comes to our way and. how their situation will play out in these still consider a mystery the justice department has a charge to our way and it's to financial officer of violating u.s. sanctions in iran it's also seeking extradition from the from canada also the u.s. has as you say to bonn and not us who always equipment but the longer waiting to check out the border that will bang away and cd equipment here in the u.s. is still to be seen across in a sterile reporting from wall street jose luis thank you so much. a european union official says quote there is full support from member states to hit back if yes president trump imposes tariffs on cars and car parts coming from the european union now the e.u. could then target coal cars and chemicals coming from the united states the trade
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and finance ministers have been meeting in romania to discuss relations with the united states. it's time to step it up a gear that's thought with a view of germany which fears a delay to talks could drive president trump to impose further tariffs on european cars let's see how far we can go my intention is not to rush something through my intention is to have a large consensus uniting all member states together with my french critique and many others in the scots and delegates in bucharest met wanting to be able to speak with one voice on the subject to jimmy's kingis to proceed is not matched by france it exports comparable a few cars to the us and with european elections just months away it doesn't see working with trump as a vote to the top of the order it's important as has been said that the european union does not negotiate under threat is a good faith act as i've sat in the meeting was unlikely to make any final
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decisions as for the upcoming trade bout with president trump they'll be better to choose when to ring the bell for round one. it was so poles to be built in record time to help save mexico's state oil company but construction of a new refinery in southern tabasco state has hit another major snack and now faces months or even years of delays after an intervention by environmental regulators the situation raises further questions about whether the project in president lopez obrador as whole region should be happening at all. a promise made to a home crowd. that crude oil is not going to go abroad that we processed here you know be converted into fuel well. this land used to contain mangroves it was home to endangered birds protected amphibians and a threatened species of snake now regulates say the company that cleared it didn't
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have the right permits to do so can't continue until an environmental impact assessment is carried out. but we haven't the sr says these studies. not done in a day when they take months and sometimes years to do this is about ensuring that projects are done well what we see here is an example of trying to move quickly by overstepping procedures and we can see the consequences. i spent much of this. is clear the new refinery won't be the quick fix the president had hoped and workers at the site into baskets left hanging. now if there is one automotive rivalry that has sustained the agents it's the one between b.m.w. and dime for decades the two german car makers have been competing for affluent motorists now both companies announced a wide ranging corporation why well profound changes thanks to digital technology
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are driving them together and there are quite a few people that say german car makers have missed the boat on several of these trends. sharing rather than owning it's a concept many people are adopting in cities all over the world and it's heating carmakers bottom lines don't let warned of declining profits three times last year the auto industry's heavy weights need to adjust there is a growing segment which some people see a twenty percent of total mobility or whatever in some years to come. which we cannot just ignore. for decades dimer and b.m.w. has been bitter rivals now they're joining forces at least in some areas and they're doing more than just combining their ride sharing platforms. we can offer cities complete mobility solutions for the future charging infrastructure we can offer them digital parking to make it more efficient we can offer than other things
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in terms of mobility concepts so that's where we are different both these have been around for more than a century they say that's allowed them to form a strong bond with customers something they hope will set them apart from competitors in silicon valley. while our customers trust in the safety or cost provide for their lives they trust their. in the safety of their hands and that i think is an inherent advantage which we can offer b.m.w. and they're investing one billion euros in the new joint venture they didn't say when they expect the new entity to be profitable but they did say they expected to have a serious market impact. it's to india now where the financial and economic capital more by has been a boom town for here if you invested in real safe there used to do pretty well but that seems to be
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a thing of the past thousands of apartments are sitting on sold in the financial powerhouse and buyers are bidding biding their time in the hope of future price drops. the property consultant. me has been in the business for a long time he was always said that you couldn't go wrong with real estate in mumbai but now apartments are getting harder to sell for a good price at least. he had invested my century realestate and also and so did i this and hold people maybe a feeling i myself had invested in a few property which i expected would give me one hundred on that i would be able to walk away from the market but they wouldn't sell it at the place of the changes baited in a couple of cases maybe it's a good or that what i had bought and what had invested 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
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a factor too many look sure ian too few affordable apartments were built and then there 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. sharkey's deep the consequences of felt by all those who were 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 a very very very near to be sealed grade ward. fellow so there is not much of a modern humans left in the business ironically new buildings are actually urgently needed in mumbai because prices continue to fall by as prefer to wait and see it's
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may come over a week watch us on a fix that and much of. the some of the surface of. the continent. part of it and join our dumpsters as they share their stories. with the seventy seven percent plus from her africa charge. here what's coming up for the book is playing a house. here on. the monitors lisa every weekend here. small. changes.
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possible. go to africa. fantastic right trying that as they sent out to safe environment. they have learned from one another. and work together for a better future. think the south east coast and africa w. . this is the news africa coming up in the next fifteen minutes what's up on the politics of nigerians get ready to cost of votes in saturday's presidential elections we'll find out how the spread of victims of what's up what affects the results also coming up tensions aha a senegal heads to the polls on sunday how come tiste men teams up the votes are
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