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tv   Business  Deutsche Welle  March 21, 2019 4:02am-4:16am CET

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it is the world's most widely used lead killer going to break german chemical giant buyer a court in the united states linked to round up to a man's cancer buyer which now owns do her best make her. may have to pay the price also coming up brussels strikes again the european union has google with a billion dollar fine for the first time in three years we'll see what's got the e.u. commission so upset and why south koreans turn to fatty pork when faced with high levels of air pollution. good to have you with us. a jury in the united states has found that the weed killer roundup was a quote substantial factor in causing cancer in a seventy year old man round up a drive for state based herbicide is made by a group chemical for monsanto which was acquired by
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a german multinational buyer last year the landmark verdict could affect thousands of other cases buyer said it was disappointed with the jury's decision the case now moves to a second phase to determine the company's financial liability. he holds monsanto responsible for his non hodgkins lymphoma edwin hard to man use the killer rant up for decades be claimed this ruined his health and caused his cancer and the court agrees in coming weeks that decides on the compensation the plaintiffs should be given by a group which acquired monsanto last year took an aggressive stance in their initial statement. we are disappointed with the jury's initial decision but we continue to believe firmly that the science confirms that like to state based herbicides do not call it's come. in recent weeks the san francisco course heard testimony from numerous scientists and considered several studies however when it came to assessing potential concert risk scientists and studies came to different
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conclusions the world health organization says in one study there is a cancer risk another says glyphosate does not cause cancer the court decided in favor of the plaintiff though some twelve thousand other cases are in the legal pipeline the coming weeks will show if an avalanche of cost is rolling towards buyer only nine months after it bores up monsanto. for more on this let's bring in our wall street correspondent scored against buy your shares got hammered today in europe what was the picture like where you are. well i mean the one big question is if. the dust cause cancer and if still did. know about potential health threats and events could be or should be proof then it could really become expensive for a buyer then we're talking about punitive damages in the billions so what i'm
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hearing here on wall street from analysts is that those two trials that we've seen so far that went against one some two and buyer will not be enough to really get a clear picture of what still might come for buyers soul probably we have to wait for a couple of more trials before it actually becomes clear what a buyer at once andro going to face and he ends another news the federal reserve and it is second policy meeting of the year and there's no more talk about raising interest rates quite the opposite in fact yeah actually that was a pretty interesting meeting nobody really expected it but the fed chairman paul hinted that that's it no more rate cuts for now in the united states not this year not next year but the next potential step could be downward not just this year but maybe a potential interest rate cuts coming up next year certainly
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a lot depends on how the u.s. economy is going to fare and the federal reserve is still seeing growth for the biggest economy on the planet but growth is slowing and that actually did not go down well with investors here on wall street this specially this week is a look on the economy did cause stocks here on wall street to fall and then also we had specific be finance stocks under pressure because in general for big bangs higher interest rates a good lower interest rates are not as good for business you know scored in new york thank you. european union regulators have fined google close to one and a have billion euros for abusing its market dominance the misconduct involving its own price comparison results and searches of the last two years the e.u. has now find google a total of more than eight billion euro. this is the third time european regulators
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have penalize google for abusing its market position this time it concerns its ad since service the program pursuer types the purchase of advertising space related to searches that take place on third party websites chief among the e.u.'s objections is that it prevents the websites from displaying ads from google's rivals. google is why was they were unable to grow and compete and as a result it sounds well websites owners websites had limited options for sending advertising space under those websites and were forced soon only to rely on google and as a result from that google then they did from network effects and became even stronger commission european regulators have been keeping a close watch of the google for years back in two thousand and seventeen the
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company was fined some two point four billion euros for discriminating against rival comparison shopping services then last year it was hit with a record four point three billion euro fine for abusing its android mobile operating systems market dominance. those penalties haven't made too much of a dent in the tech giant's coffers the slightest find is unlikely to either in the last quarter of two thousand and eighteen google's parent company alphabet posted earnings of eight billion euros what's more significant though is how the rulings could affect the company's business model google's already taking action to comply with previous orders and has vowed to give more visibility to rival advertisers in europe. german luxury automaker b.m.w. says it expects to see a drop of more than ten percent and pretax profit this year the company has also announced a twelve billion euro cost cutting plan to offset spending on new technology
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presenting annual results in munich group c.e.o. howard cooper said that pretax profit in twenty nine thousand would be well below last year's nine point eight billion euros carmaker now wants to bring costs down to fund its investments and even with driving cars it says it has no plans for layoffs though. saudi arabia is hoping to raise twenty billion dollars to promote a remote site in the northwestern part of the country as a tourist destination. which last month olds that the region's first ever hot air balloon festival is famous for its heritage sites it's hoped the investor will create over thirty thousand jobs and pump billions of dollars into the country the measure is part of saudi arabia's attempt to diversify its economy away from crude oil. the world needs feeding and more and more people are leaving their farms for the city right now the five biggest cities in the world are all in asia and
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they keep growing where is all the food supposed to come from now some say urban farming is the key. vegetables from the factory many less water less fertilizer less crop protection and above all less land vertical greenhouses can fit just about anywhere even in the middle of cities like indonesia's capital jakarta in asia produces have been experimenting with high tech cultivation for years and not just for vegetables but also for protein meal worms or crickets for example can be produced in an urban environment and have significant advantages over traditional meats. for example only fifteen square metres is needed to produce a kilogram of insects per kilo of beef you need seventeen times that much space and when it comes to water all food consumption they're also vastly more efficient. so
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are city born tech companies the farmers of the future in two decades time they could be nine billion people living on a planet today's agriculture won't be enough to feed them all. it's to south korea now in the countries battling high levels of air pollution problems driving up shares of companies that make air purifiers masks but many local swear by an old tradition using slippery pork oil to clean their throats. like everyone else in seoul teenager han dong jay struggles with the worsening smog but he thinks greasy barbecue pork is the solution. heard from my mom the pork helps and pork belly is my favorite food so i eat more pork when find just as dense like today. that the. south korea's air quality is now among the worst in the region emissions from cars and coal fired power plants combined with small crumb
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china and north korea mean south korea has double the levels of dangerous particulates matter than other rich countries so the south koreans follow the ways of their forebears by eating lots of pork sales of it are up around twenty percent so i'm going to do it feels like oil from the meat washes away the dust in my throat the people who were doing the work. the government has declared the pollution a social disaster health professional sating pork is an urban legend and makes no difference but it doesn't just affect humans despite the discomfort harry sometimes has to get his mask on too now how would you fancy attending a conference devoted entirely to pastries and sweet treats well that's exactly what's just kicked off in the moroccan city of casablanca the international forum brings together professionals from the confectionery industry gamers to highlight the importance of the cafe and restaurant sector and it's also an opportunity for morocco to promote its own unique sweet snacks.
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they look good and that wraps up our show for more check out our website a studio not accomplished business for now thanks for the company.
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what secrets lie behind these more. find out in an immersive experience and explore fascinating world cultural heritage sites. w world heritage three sixty. it's hard to laugh. at them from people make fun about their own economic and political problems. in mozambique we say that you have to laugh so you don't write it's how people call me a. as a journalist i often call to help those folks in that letter local. elections fact made by checking all those jobs finding out what people are talking about what is moving them. my father taught me how to ask uncomfortable questions about my
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come. three and about to book that describes i keep doing to state my name and i work at the. group every look at. this is news africa coming up in the next fifteen minutes the aid so nobody making its way to the victims of psycho need to buy food water and other emergency supplies are being distributed to areas that can be reached and on the ground updates on the relief operation in mozambique. and the policies that have left south africans in the dark with the countries grappling a serious energy crisis we are asked should our governments in africa have sole control of key six's when they mismanaged.

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