tv Business Deutsche Welle March 28, 2019 2:45pm-3:01pm CET
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regulate bangladesh's textile industry the government or europe. it's their business there is turmoil on turkish financial markets authorities had been reportedly limiting the selling of the lira to avoid a currency slide ahead of local elections but now it's tumbling along with stocks the president says the central bank needs to cut interest rates. turks will vote for their mayors and city councils on sunday but the election is generally seen as a referendum on red chip out on the turkish strongman has always made the economy a focal point of his campaigns promising to turn turkey into one of the world's top ten economies but instead of rapid growth the country has grown to a standstill. unemployment currently stands at thirteen point seven percent in the fourth quarter of twenty eighteen turkey slipped into recession for the first
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time in ten years with g.d.p. growth in negative two point four percent the turkish lira has fallen by thirty percent in twenty eighteen and has been volatile since. with inflation taking a toll on the turkish people at a one has ordered city authorities in istanbul and ankara to open their own vegetable and food stalls to sell approaches at discount prices it doesn't seem to buy him much on sunday add on's a.k.p. party is in danger of losing the majority in the country's two biggest cities and a last ditch effort to hold on to power to on recently tried to make the vote about turkey's national security and religion even promising to turn the hot yes afia which is currently a museum into a mosque but many turks say their financial situation will decide to vote and that could spell trouble for the turkish president. the european union wants to ban the
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use of palm oil and biofuels to stop rain forests being cleared for new plantations malaysia is one of the biggest producers it wants to take the dispute to the world trade organization it could also take its business elsewhere malaysia's prime minister is threatening to buy new fighter jets from china instead of europe. plantation owners started these fires they want to create new areas for their palm trees the fires are illegal but they burn again and again the government is trying to protect the rain forest on biodiversity and the people who suffer from the effects of the smoke. the fruit of the palm tree weighs up to four kilograms the biggest consumers of the oil from the fruit are indonesia and china followed by the european union. it's chiefly used to cope with what is also often an ingredient in food or cosmetics. palm oil is also used as a bio fuel additive in the e.u.
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however that could end soon in an effort to protect the rain forest. the government in kuala lumpur is coming out in support of the six hundred fifty thousand small farmers whose livelihoods depend on palm oil it says hot the forests are now protected the focus has switched to increase productivity the government has even introduced or certificate for green plantations. malaysia has threatened to retaliate if the e.u. restricts imports there were reports of an aviation show in langkawi that the planned purchase of european jet fighters could be stopped instead chinese or other aircraft would be an option. that the day we were one of the first asian countries to buy russian planes. to my advantage that. the government has also threatened to boycott the planned free trade agreement between the european union and the association of southeast asian nations. pandey is following this story for us
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as it does is it that simple could malaysia just take its business elsewhere over this dispute. well ben i have feeling it's easier said than done the e.u. is malaysia's fourth largest trading partner it's a market for twenty five billion worth of goods from malaysia and a source for another fifteen billion so it's a key market it will be easy for malaysia to look elsewhere having said that malaysia can definitely hurt the rupee in unions free trade ambitions in the region free to talks with malaysia have been on hold since two thousand and twelve and it looks like it will not start anytime soon in the current with the current ongoing spat also what it does is that it creates a problem for the european union because if they drop in union has been seeing these individual trade deals with these individual countries as building blocks for a wider to deal with. as a whole how i see on is the third largest trading partner for the european union
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outside of europe. you call this dispute i referred to it as a spat when are we going to start using the word or coke we start using the word what trade war. well i think it's highly unlikely a trade war i expect the two sides to come to the negotiating table and allie each other is concerned that's what i expect as of now because what i feel at this point malaysia is engaging in some sort of a power tactics rather if i could say that. with a new thread actually coming in every now and then of course it's about bringing them to the w t o of being here to do to a child and against the e.u. it's been legal suits it's been about fighter jets so these tests have been coming every now and then interestingly a spokesperson for the european commission did tell me that they haven't even heard of one plant. let's look at the broader side of the story just for
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a second and isn't this a good thing that at least some economies are now looking at the the effects that producing palm oil can have on our planet well definitely and that's a positive step that the european union is taking in this regard and. they're clarifying that it's not a step against palm oil per se palm oil has it began to get eyes as a bad fuel and the others are seen as a good as any sort of good fuel it's against those palm oil cultivators who are actually leading to deforestation see there's limited for land to grow farm crops and now when you start growing bomb oil on all these all this pieces of land then definitely people are going to go to was the forest and in effect what it does is that it creates more pollution more carbon emissions because forests forests are lost and the net effect of using biofuels is actually lowered so you
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exactly half so sorry we have to cut it short beth thank you very much for joining us here and they don't you as a tussle over who should be in charge of regulating bangladesh's textiles industry is a global supplier but over a thousand deaths in a factory collapse five years ago spotting you regulators to try forcing owners to clean up their act. a textiles factory in the special economic zone on the outskirts of dhaka shows that it has come here every day for the last couple of weeks to ask for work to no avail he isn't willing to take just any job done i want to get on in many small factories they don't even pay the state minimum wage equivalent to about one hundred euros a month by my only pay eighty i don't want that in those bad factories they sometimes make you slave away until two in the morning and. his wife actor big on weights back home she earns the equivalent of around one hundred fifty euros
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a month as a seamstress it's hard for a child to be dependent on his wife at one point he turned to drugs first yaba and then fed him and then carol when he's been clean for a few weeks now but as wife regularly checks for signs he's using again better safe than sorry on how much. although textiles have brought problems to the country they've brought wealth as well bangladesh is one of the world's fastest growing economies and over the last few years its biggest industry has been trying to clean up its image. most of the factories that work for the export sector have come under pressure from big foreign clients to modernize manufacturers complain however that the fashion labels are unwilling to pay for it. it's really well yeah customers in western countries should actually be willing to pay more for clothing otherwise we won't be able to pave the way to provide our workers with
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a reasonable living standard. why the. manufacturers have been forced to invest in safer work environments and fire safety and structural measures have been monitored by european auditors since twenty thirteen factories not up to code don't get contracts like this company which was driven to bankruptcy its owner says it's presumptious that europeans are trying to force through their own. standards here. excuse me but just to do they think they are they make decisions based on their papers but they have no idea how government should make those decisions are provided five thousand jobs and invested thirty million euros that's all gone now. so factory owners are no putting pressure on policymakers the bangladeshi government now also wants to get rid of foreign inspectors but their head wants to stay the course the accord this is not think that this government entity is is
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fully prepared at this time. to adequately regulate safety and we're working intensively with them and in support of them so that they can achieve that in the quickest time possible. national city account his family have other worries the money that his wife makes is just barely enough to scrape by so he wants to find a job as quickly as possible he wants his daughters to continue to go to school he says and the hope that their one day have it better than he does. make a dime is forging deep ties with its largest shareholder china's g.d.p. together they hoping to transform it's not cut division which makes twenty fuel efficiency cars into an all electric bat and then moving production to china. switching to electric smart cars marks a major step to rejuvenate the brand to appeal to china's swelling legions of young metropolitan consumers diners made losses on smart cars since they first launched
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in one thousand nine hundred eighty the joint venture will build a new china factory to assemble the next generation of electric smart cars gili is owned by the powerful billionaire who last year took a nine billion dollars stake in the german luxury automaker the smart vehicle to be engineered by the hung job we see these designers doing the styling the first cars go on sale in three years time timer says it will stop building smart cars at home back in france although we'll continue to build an electric car model there it's the biggest step the two companies have made together since lead bought into diner . mr business are.
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stuck in traffic for hours spoiled cargo huge losses. that could be a trucker eric harris he reality after breaking into a focus on europe takes a road trip from brussels to bring the full chaos at the border oh my god. breaks it turned into a nightmare. ninety minutes on w. mum . to the new zero max new two channel. goodbye now stood. with exclusive. the must see concerning parts culture to ensure a. place to be for curious minds. do it yourself networkers.
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so for subscribers don't miss elssler. first day of school in the jungle. or first cleaning lesson and then the doors grand moment to run and join the arena tango on her journey. you know we're an interactive documentary dora and the rioting returns home. to know that seventy seven percent. are younger than six o'clock. that's me. you. know a lot of times all voices. on the seventy seven percent talk about the issue. for almost all of the classes some housing food stuff. in some way.
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welcome the seventy seven percent. or so people six g.w. . play. play. play play play. this is deja news coming to you live from berlin a migrant hijacking on the high seas ends in a morty's port the vessel had rescued refugees and migrants off the coast of libya and was ordered to take them back but when the captain refused to change course some of them took matters into their own hands was it an act of piracy for
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