tv Business Deutsche Welle March 22, 2019 12:30am-12:46am CET
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extravagant venue. to. really. make groups with boring stiff and strong. party. musicians from around the world. every week t.w. . britain is hurtling towards an exit from the european union now a study shows what financial stress is disorderly would cause in the u.k. and outside also coming up to an addendum styled iconic jeans brand levi strauss is back on the new york stock exchange we'll get the latest from our markets
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correspondent and no pete no problem german micro distillers all trying to woo aficionados. i'm just cobol come to the program the likelihood of britain's departure from the e.u. in less than ten days without a deal still looms ominously and the costs of such a no deal brags about be high for both the u.k. and you members germany's bertelsmann foundation now that the math. a no deal breaks it would hit the heavily industrialized german state of north rhine-westphalia particularly hard the state's top three exports to the u.k. include cars chemical products and mechanical engineering services the tariff send out a trade barriers will make products and services more expensive this ensures that prices rise and their people can buy less with their incomes the second factor is competition with a bricks it competition becomes weaker the battle for the best products and services is decreasing. of course and no deal breaks it would hit brits the hardest
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with each losing nine hundred euros per year on average they would also be significant losses for the germans and the french as well as other europeans. the bertelsmann study says china and the u.s. will be the main breaks at winners both would become more attractive trading partners for the u.k. but london is going to have its work cut out to secure deals as good as those it had with the e.u. . chinese president xi jinping has started a five day tour of europe which will take him to italy france and monaco mr she's a plane touched down outside roll on thursday afternoon italy is seen as a promising partner for china's belt and road infrastructure initiative as its ports and model rights are for easy access to europe's markets and the deep water port of fiesta is seen as playing a significant role in this venture. from
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a distance three s new port area built on reclaimed land doesn't look like much yet in future this section of the harbor may be operated by china as a trance shipment point for markets in central and eastern europe the northeastern italian city is currently celebrating the port of tree s three hundredth birthday for local politicians and businesses china's planned investment is a huge opportunity c.f.e. we don't want to sell the port we just want to rent it out i see that as a huge economic opportunity for the entire region that north korea well. it's not that china is offering us something to participate in the delta road we have something to offer them a stake in the harbor that's how you have to see it we've been developing this port for four years now. the harbor basin is eighteen meters deep meaning that even large container ships can unload their cargo here china has already purchased
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a majority stake in the greek port of paris in the mediterranean tree asked in the northern adriatic would be a further foothold in the region. the european union is investing around one hundred thirty five million euros in the port that sorely needed to modernize much of the infrastructure. i put cash strapped is really also welcomes financial backing from china is only occasional criticism of its role as a strategic investor. but you are. not only. anyone is thinking about the role china is taking on in the world but if i just think about how they treat their workers then i don't know if they're the right partner for us and with that can have a good future. such concerns aside most interests see only positives in becoming a further gateway to europe for china's belt and road initiative. now there are some rules that the new york stock exchange has upheld to this day one of them no
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business attire no entry meaning if you're wearing jeans you're better off getting in line at the hot dog stands out on broadway on thursday these rules were relaxed traders showed up wearing denim pants and jackets the reason for the unusual dress code levi strauss one of the world's best known jeans brands made its way back onto the stock exchange after a thirty four years of absence. now levi's shares were up more than thirty percent and thursday's trading session i guess that's what a successful i.p.o. looks like and there could be more of this to come here as a wall street correspondent yes quarter with more. it's a promising start to a year that could see new records when it comes to i.p.o.'s overall some analysts on wall street estimate that with new companies coming to the stock exchange the wall street might raise about one hundred billion dollars that would be
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a new record and exceed the former record that still holds from the year two thousand we remember the time of the adopt a bubble in the next couple of weeks and months we get some other heavyweights coming here to the stock exchange and of next week we will get lift a little later we will get other companies like we work a pin to rest. here or be my follow and now for levi's they could probably use the money and also a try to attract more women that if we look at the past year the overall five point six billion dollars in revenue for four billion got made with men so female business is still far behind when it comes to levi's. quarter importing from new york there is triangle on one of africa's leading oil producers so you think
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the country would be awash with cheap fuel well that's not the case and no one seems to know why drivers in the capital are having to sit for ages and they think use just to fill up their tanks. making a living is not easy in the wand and for those who have to drive for a living the guy shortage can be a real problem. since yesterday i have hardly been able to ride to work due to a lack of fuel and we know almost nothing about the shortage now while the gas stations and cars anger in the same situation. sabina's having no success either. i went to sixty below that success and this is where i could find gas that's why i got in this huge queue i don't know what time of the service. you know my feeling the. previous gosselin shortages were blamed on late payments to suppliers but the current problems remain mysterious and gold is the second largest oil producing country in sub-saharan africa the country produces one and a half million barrels of oil per day which comprises ninety percent of angola's exports and seventy percent of revenues leaving drivers there wondering where is
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all that gas gone. to baguio sales in zimbabwe are expected to dip this year as farmers grapple with the fallout of a recent drought it's a blow to the economy which is currently in the grips of a currency crisis after mining tobacco is the country's second biggest earner of foreign exchange the industry employs some one hundred seventy thousand people most of whom work on small scale farms over the past decade rising demand from china in particular has helped boost sales. german car giant false flag and says it plans to work with swedish sell start up north volt and other companies from seventy you member states to develop batteries for electric cars for swag said in a statement its so-called european battery union will handle the entire production chain from for batteries from raw materials cell technology all the way through recycling b.w. didn't want to name any of the other partners but that no other car makers were
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involved that's what the company stated the word whiskey make them juror images of scottish glens or the hills of tennessee an increasing number of people here in germany have also been developing a taste for the temple now micro distilleries are popping up all of the countries but are they ready to give the multinational distiller giants a run for their money. nestled in a small town in about an hour's drive from berlin is the distillery a place where workers pride themselves for having a nose for quality. it was always something we really love because we used to work involves really lots of cocktails with with the right whiskey and so we said ok that's going to be our focus the operation is just one example of a growing trend there are now more whisky distillers in germany than in scotland.
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typically they produce tiny quantities compared to their scottish counterparts but what they lack in scale they make up for with other advantages in contrast to scotland export oriented whisky industry german distillers are primarily for the domestic market making them far more immune to two looming political threats an unruly praxis and the possibility of u.s. tariffs depletions that what's the political situation we're currently facing such as breakfast or the present government in the united states they're not scaring off german distillers. up at the moment we're still mostly trading nationally but we're not setting any limits for the future. for now though german distillers are choosing to stay domestic enabling them to serve their whiskey with
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a hint of confidence. and finally after three years of planning and building and time to raise the anchor the new cruise ship spectrum of the seas has left the ship the art of pop and work here in germany nearly three hundred fifty meters long the luxury liner was steered out to the north sea on the river. and four thousand passengers will be in service for royal caribbean. nations in asia. and we say. show you back at tomorrow.
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it's time for. coming up ahead. mines every journey begins with the first step and every language with the first word published in the. rico is in germany to learn german and why not with him simple online on your mobile and free cell d w e learning course nikos fake german made easy. we like to think it's cheaper to burn the fossil fuels that is to get the energy other words the real cost of doing things is the fact of the world around us is warming up. and ultimately fifty years from now the sea levels will rise and we'll have the problems here in almost all coastal countries of the world. requires the
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governments to begin to act because try to tax. the tax the carbon it's released into the atmosphere it's one of the ways of trying to slow down the use of fossil fuels and encourage people to move to the other fields moving to other fuels actually creates jobs it actually creates an entirely new industry. reading them from berlin and welcome to news from arts and culture with me karen how instead and i'll be joined shortly by a man who has mastered the art of the merced thing the masses in his music. alias. germany's most successful electronic music artist has just released his
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tenth studio album. or morning hour which he says is one of his most diverse musical journey with an impressive list of guest musicians. but first spring time in life so you can eat certain eastern germany means that bookworms literally come out of the woodwork the leipzig book fair is the second largest in germany after frankfurt and one of its big events is the annual leipsic book award for european understanding. awarded on wednesday night to the russian american journalist author and activist mush i guess been a long time and very outspoken critic of russian president vladimir putin and his brand of strongman politics she was awarded the prize for her book the future is history how totalitarianism reclaimed russia which judges have said offers a persuasive lifeline in times when the flames of intolerance are spreading like
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