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tv   Business  Deutsche Welle  March 11, 2019 2:45pm-3:01pm CET

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the plant operator says decommissioning all its reactors could take decades. i've been for let's do business it's a bad day for business for boeing its shares tanking and horrible news for the relatives and colleagues mourning those killed in a second accident involving a boeing seven three seven max eight if you'd be an airline's flight crashed shortly after takeoff from out of samovar on sunday all passengers and crew including eight chinese nationals were killed if the o.p.'s has grounded all seven three seven max aircraft china has ordered all of its allies to do the same citing zero tolerance for safety raised into nature is following suit cayman islands i just read now remember these planes are all brand new and there's a heap of deliveries on the way so this could be a huge setback for boeing. let's talk about this with
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christopher kobe's following the story for us christophe just how important first of all is the seven three seven x. the boeing it's hard to understate the importance of the seven three seven max for boeing it is a new generation of boeing's very successful seventy seven series which has been around for over fifty years and it is extremely extremely well it's very well known and the. features a new engine design which is said to be more fuel efficient which is very important to airlines these days and it has a backlog at boeing of about fifty five thousand orders that is by far more than any other plane in. offering for that matter so if there's something systematically wrong with this very very important product boeing has a huge problems at the how could that happen with something so new and so important for the how could that happen so. leon well that is the big question and i mean we
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must not jump to conclusions so far as to whether this most recent crash. has the same cause as the one we saw in october of this lion air flight. there are similarities over which experts are raising eyebrows both very new planes the events happening in the same stage of flight so shortly after takeoff and than the crash so these are the similarities nevertheless experts say well there might be a different cause after all for what happened on sunday and i just mentioned all of the countries that are grounding these these aircraft what about the chinese market i don't what is sound like a skeptic here but could this be a huge opportunity for chinese competition it could be on the one hand at the same time this incident of the questions that boeing is facing now come at a time when both boeing and airbus being the dominant drivers dominant force on the
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if you market have difficulty catering to the huge demand of the chinese market as it is there are studies saying that there's going to be a demand of about six thousand planes in china as this market is growing and both of these big companies cannot deliver these masses of of aircraft so there is competition waiting in the wings there is the cold mack c. nine one nine which is a mid-range jet entirely developed in china and built in china it's in the final stages of testing and it does get somewhat of boost from beijing because the chinese government has ordered all the major carriers in china to order at least twenty of these midrange jets for their fleet is there any timeframe yet do we know how long this is all going to take for me to work out what went wrong and and to continue business i guess for them it is hard to say we just got news today that the black boxes so meaning the voice recorder of the flight. dec and the flight
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data recorder have been recovered near the crash site so investigators will analyze this the flight recorder potentially be able to be analyzed quicker than the flight data recorder which could take weeks to read for that matter because of what i think you're much for coming in through. moving on is selling off its national treasures to china as the accusation of some local trade as jade is just one of the nation's abundant resources it's prized by the chinese and as you'll see in this next report very good business for. me and mar a country in the process of opening up to the outside world. that history revealed on the ground below tells of great cultures and lost empires. the irrawaddy river leads from to mandalay the country's cultural capital. life can be
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hard here who wants to sell the screen rock for about fifty thousand euros it's rough jaded jade me and maher has more than any other country but it's often extracted under miserable conditions. so much and there's a black face here and the color is not green enough no i don't like it. the chinese are tough negotiators their offers are always very low if i offer one hundred thousand they offer twenty thousand they never go higher than thirty thousand so it's always we lose they when. the chinese control the entire jade market price the so-called stone of heaven for thousands of years. give up. the jade distributor try selling some of his rings instead.
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but it's not his day to day. again no sale. to chinese work on behalf of clients who are far away. the offers come via smartphone go through rough jade and for finnish jewellery this online trade is well suited to the savvy business people here at the market. just to put them off that's a good the people on the internet don't know much they do not know if the quality is good we import the good spy plane but taxes are high and they cut into profits if we wear the chains or rings ourselves when we return we don't have to pay taxes she was. finally able to celebrate slit but something doesn't feel right to him. of course it's sad we're selling off our country's treasures here but there is no other way of doing it the chinese are so strong and we're so weak we
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need money and the chinese have money. in china jade is a symbol of good fortune and somehow it seems that here good fortune is on the side of the buyer. it was eight years ago the north quake triggered a tsunami causing meltdown in fukushima japan the operators of the plant is still trying to decommission the reactor take decades a sizeable chunk of the surrounding countryside remains off limits but not all of it. the guests have arrived in fukushima they've come for an eco friendly home stay at local farms in the west of the prefecture the tool that tells the travelers that not only can they expect excellent treatment from their hosts they don't need to worry about radioactivity either too young americans are coming to stay at the home of mr and mrs koussa gnocchi it's a ray of light for the village after years of darkness not many people around here
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can live off agriculture anymore prices for vegetables from fukushima have hit rock bottom even though these fields are one hundred forty kilometers away from the wrecked reactor and shielded from it by a mountain range. so far away but ever present nuclear power station operated teko gave this german t.v. team exclusive access to the devastated palace station's grounds tepco wants to show the world it's in control but they reacted containers is still full of melted nuclear fuel rods altogether eight hundred tons of extremely radioactive waste more even than inch and noble tepco wants to extract the hot slag of a thirty to forty year is how exactly the company won't say and it'll be a world first if it comes off. the cousineau keys however insists that radiation levels around their house a normal. but the pharma tells his guests that he can only sell vegetables when the
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name fukushima doesn't appear on the label around the world it only stands for one saying. my parents when i told them i was going to shame they're worried about about nuclear exposure. but having this opportunity and seeing how the people here are thriving makes me makes me i guess again brush not very exciting. because in the keys daughter in law arrives with their grandchildren for dinner it's almost like it was in the good old days before this song had to leave home to find work. so far away but ever present fukushima eight years on. the independent news agency should get to and joins us from tokyo michael so what role does nuclear energy now play in japan. well the
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the government of sheens aubin is quite dedicated to restarting and to bring back nuclear power to the extent that it's possible there their target is to have about twenty percent of the nation's energy produced by nuclear power by twenty thirty however they're pretty far behind that goal moment at the moment there's only about nine reactors which are actually in service only in the western part of the country there is many other public opinion is strongly against it so the battle's kind of going on the government wants to restart it but the people who are mostly against it and what's happened with the government's renewables push this whole big plan to turn the entire region their way the disaster occurred into a real renewable energy pioneer right well some of those things have gone forward you know there's
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a lot of solar projects which have been built around the country but again there was kind of a turn in japanese politics the the prime minister at the time of the fukushima disaster now telecon became a very very convinced that that japan needed to get away from nuclear power and to rev up renewable energy as much as possible but the government of sheen's abbay basically reversed a lot of those policies and turned back to nuclear powers as what they called the base load power now they haven't stopped the renewable energy drive but they've slowed it down and one of the major issues is connecting these renewable energies to japan's power grid which is kind of antique in its design and michael penn for us there in tokyo from the news agency she gets a thank you very much like a nice doing business with you. the be.
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the be. the be. the be. the be. the be.
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claim the floods are claimed stores. long job. cuts legislative blame this is deja vu news live from berlin investigators find both black boxes from the crash ethiopian airlines flight they could provide answers to why the aircraft went down killing all one hundred fifty seven people on board the weather was clear the plane was new so what went wrong. also coming up venezuela's catastrophic blackouts reports of a spike in looting and people die.

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