tv Business - News Deutsche Welle February 28, 2019 10:15pm-10:31pm CET
10:15 pm
the book that. you're watching. from berlin coming up in business. german car makers are teaming up to develop the next generation of driverless vehicles they. will have that story and more. thanks for the company of. earth. home. of species. worth saving. given those are big changes and most start with small steps that can . tell stories of creative people and innovative projects around the world.
10:16 pm
by the creatures to screen shots and before station. interactive content teaching the next generation of mental touch. channels available to inspire people to continue to share. and more determined to build something here for the next generation. the environment series of global three thousand. cuts. it's not quite robust opera's approved but the u.s. economy is showing signs of a slowdown we go live to our correspondent on wall street. also on the show archenemies turned into allies b.m.w. and decides to ride together they've teamed up to develop the next generation
10:17 pm
autonomy. and the kashmir crisis disrupt international air travel with major airlines in southeast asia or through routes or cancelled flights to and from europe. welcome to d.w. business i'm joined on and berlin thank you for joining us now the u.s. economy grew in the fourth quarter at its slowest pace since the beginning of twenty eighteen indicating that the boom fueled by tax cuts and fiscal stimulus could be fading u.s. g.d.p. expanded by two point six percent in the final three months of last year down from three point four percent in the previous quarter despite the slowdown these figures still beat expectations but analysts calling it result more sluggish rate of expansion however is untested pated going forward. yes carthage joins us now from wall street to break the saul down good to see you yes
10:18 pm
there you are now those figures they weren't exactly stellar but they still beat expectations they're still better than forecast so how's that going down with investors. you know because they were a bit better than expected to market did not really lose that much here in the thursday session even if it was the third consecutive day with a tie any losses in the dow jones industrial average just still now the month of february ended for the months the market to do trade to the upside but clearly the growth past is because we have economic growth in the second quarter by four point two percent then as you mentioned three point four percent in the third quarter and two point six percent in the fourth quarter was a bit of good news seven defaults water that consumer spending actually increased more than expected and it was a surprise because just recently we got to rather
10:19 pm
a week of december sales figures but overall consumers did better in the fourth quarter than expected ok so consumer spending being a surprise result there but also better than expected but going back to earlier predictions of g.d.p. growth president trump once said that four percent growth is achievable atala seem to disagree well what the trends do you think support these claims. yeah for four percent growth is not going to happen and in the past couple of months actually the white house has already scaled back those figures to a growth of around three percent but even that is not going to be achieved or probably in the next couple of quarters now for the first quarter and expectations are that growth actually will drop between below the two percent mark one reason why the economy grew a bit stronger than expected in the fourth quarter was that companies actually
10:20 pm
increase their inventories and that could be a balrog growth from the future meaning that those higher inventories could be a drag on economic growth now in the first quarter for sure nobody really knows what's going to happen but economists are quite certain that we will still grow but slower than in the past quarters on the other side we only need two more quarters of economic growth let it even be so tiny and if that's going to happen we will see the longest expansion pass in face in the history of the united states but if you look at the stock market overall we don't look at the past we look at the future and if growth levels are going to decrease it's going to be tough to really get the market going again carter looking into the future for us there on wall street thank you very much and now competitors turned collaborators to rival german automakers a b.m.w.
10:21 pm
and dialer have announced they're going to be developing their next generation self driving cars together now together they hope to stave off bigger threats than each other especially those coming from silicon valley. well we could go dimler and b.m.w. bosses announced that they would collaborate in a car sharing scheme and now comes the next step pooling their strengths to push driverless vehicles onto the road we've been doing discount consolidating the skills of the software developers and we're consolidating artificial intelligence yes two leaders in the technology we've decided to develop the next generation in a combined effort the goal is to get self driving cars on the road relegating human drivers to the role of passenger within the next six years but developing secure software for the vehicles is expensive and time consuming and the competition is stiff us tech companies like goober or google sibling way mo are heavily invested
10:22 pm
forcing german car makers to join forces experts say. the moment it's at the moment the platform the standards for autonomy is driving of the future are being established yet snitched and anyone who doesn't get in now with the right technology with the right partners will lose out on a big business segment in future mobility first carmakers are under pressure because the computer operated systems for autonomy as cars have to function better than human drivers. so be it otherwise the new self driving vehicles won't get public acceptance and possibly won't even be allowed on the roads it's because that's yet another challenge for the auto industry it seems that cooperation is the watchword because ultimately german carmakers survivalist at stake. tensions between india and pakistan caused a temporary closure of airspace over pakistan that has this prompted many international flights on thursday especially between asia and europe one airline
10:23 pm
that was affected was air china had to cancel its flights from beijing to the pakistani capital islamabad. passengers on air china's flight from beijing to islam about got to the airport only to find themselves stuck there after the flight was canceled some were understandably upset and had to change their travel plans. to friends do you think i'm going to. i cancel my then no but but then i'm going back to the united states you know i cannot stay is too many did important on my own expense pakistan evasion authorities closed the country's airspace wednesday after officials said their military shot down two indian warplanes and captured a pilot escalating tensions between the two nuclear arms rivals india also suspended flights through some of its northern airports on wednesday those services were back to normal on thursday but flights out of new delhi to both the u.s.
10:24 pm
and europe were disrupted. now from kashmir we take you now to a nother region some one thousand five hundred kilometers further south is the indian state of gujarat hooja rot is the home of indian prime minister narendra modi was currently campaigning for reelection on the promise of creating thousands of new jobs and boosting the economy one of the country's main exports is salt and in gujarat there's plenty of it. in a wide expanse of pure white nothingness can be mesmerizing the salt marshes a coach in the far west of india on the border with pakistan thousands of square kilometers of salt crunching beneath the feet with each step people from around. world come here for the unique experience bill's like. like a. moonscape or something kind of. like. an off never
10:25 pm
seen it before like. life you're in outer space or something. but for others it's a searing white hell the salt harvesters many shylocks man works here with her husband for less than one dollar a day the sodium chloride is harsh on the skin and most of the workers here where no protective clothing. that i don't like this job i hate it i get paid too little we work so hard that our pay doesn't even show up working with salt makes us age and much too quickly. they work in the blazing sun for ten hours a day the heat is reflected by the parched white ground which must be prepared before the salt can be harvested. and terrible. i have to use this rake every day so that the salt is of good quality and or not so it will
10:26 pm
become denser because if we don't do this work the salt will look like this. and it's no use for. salt is a sought after commodity and india is one of the world's top producers. but getting it to the table is an ordeal for india salt harvesters who are locked into a cycle of toil and poverty. germany's puma has signed a sponsorship deal with anguished premier league champions manchester city starting next season man city will wear the company's apparel after years of playing a nike the ten year deal is said to be worth seven hundred fifty million euros more than twice as much as nike had been paying the team it also includes man city sister clubs in australia spanier of wa and china for poor mother the deal is most important as the as a chance to stay relevant in the english football league after losing its previous sponsorship of arsenal to local viable. now if you've been wondering
10:27 pm
why your business partners and clients in germany aren't available today here's a possible explanation it's the carnival season and germans especially in the dry land are letting their hair down the patient with the back for their good old serious selves that speak enjoy the images and see the ceiling. that. the first.
10:28 pm
enter the conflicts are confronting the powerful the fear new security conference here in munich isn't just about the big names of the faces it's also about the special advisers i guess this week to spend on national security advisor to president obama. to two years of tough calls while the fuse obama's legacy holding
10:29 pm
off conflicts so for sixty minutes. every journey begins with the first step and every language the first word published in the. code is in germany to learn german one. simple online on your mobile and free to sapps d w z e learning course nikos fake german made easy. we make up oh but we watch us all how fond of touch it we are the seven seven percent. want to shape the continent's future. cardiff enjoy looking youngsters especially share their stories their dreams and goals and their challengers going to the seventy seven percent. platform for george. thanks.
10:30 pm
thanks here's what's coming up for the book loosely told more to movement that the things he's going to do such intellects going to build his country take a look a little bit means for the type of clegg's legs the form to sleep every week and here comes t.w. . played so far. this is deja news africa coming up in the next fifteen minutes sanibel folks on t.n.t. the cell is remakes of the president with nearly sixty percent opposed to what's in store for the country as he prepares for his last trip and the soldier up that we meet the fall not fighting he had no spent bringing innovation to agriculture leggett made out of topics we have a story of
39 Views
Uploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=1743685864)