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tv   Business  Deutsche Welle  April 2, 2019 6:45pm-7:01pm CEST

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business proposition out of an old virtue of cycle fashion made out of textile ways to make an impact as environmental awareness is on the rise on the side of. these businesses asia indeed as well. the world trade organization says that world's trade growth is slowing the rates for the dickel instability and the persisting trade conflict between the world's the world's two biggest economies are taking their toll britain's increasingly chaotic divorce proceedings from the make things worse than previously expected global growth could slow even more dramatic increase but no deal breaker which looks increasingly likely for the world trade organization says global trade is expected to grow at a much slower pace this year than previously thought w.t.r. analysts have lowered their growth forecasts for twenty nineteen to only two point six percent from three point seven percent the world trade organizations general
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secretary who best to us of a it all said this should come as no surprise to anyone . in twenty seventeen global trade in goods and services roles and by four point six percent but ongoing conflicts and trade spats cut that rate to three percent in twenty eighteen and the trend is continuing with an even lower number expected this year however the w t o expects a return to over three percent growth in two thousand and twenty if a disorderly brags it can be averted and a trade conflict between the u.s. and china gets resolved recent talks between washington and beijing raised some hopes that no further punitive tariffs between the two will be implemented and existing ones loosened but that is by no means a sure thing the u.s. has recently threatened china with more terrorists in the case of no one green meant. i'm now joined by the chief economist of the world trade organization robert copeman was the hope on thanks for joining us on g.w.
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business what is actually was bragg's it all the trade spat between china and the u.s. at the moment. well they're both bad but i would have to say that the global nature of the global impact of u.s. china and the u.s. actions on other countries is probably going to have a much bigger impact than brics although brics it will have a very concentrated impact on the u.k. and the e.u. so you know it's. six one half dozen of the other probably a little bit worse on the global side us china in concrete terms of what are your findings what can we expect. well our findings are by the way generally our concern is slowing economic growth because that drives a lot of trade growth particularly investment but these trade measures that
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countries are taking with against one another us china for example well the uncertainty around the brics a deal also weigh on trade growth in that can affect quite a bit the bilateral relationships between countries we see a lot of trade diversion potentially occurring particularly in asia and north america and we would expect it with a disorderly breck's it to see more trade diversion occurring around the e.u. in the u.k. so what that means is that the direct effects are offset partially by trading with other countries instead of bilaterally between those two regions but then if that affects firms and consumers decisions about what to build or buy then you start to get pretty significant negative effects on economic growth and you get significant economic effects on significant negative effects on trade you would talk about the trade fines other routes other windows and the situation.
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well overall i'd say no all there are no net winners because of the expected impact on global g.d.p. these this trade conflict these trade tensions will weigh on global g.d.p. in some sectors and some countries there are likely there's going to be this trade diversion and moving trade around in some countries will win and some countries will lose in those particular sectors but the overall weighing down of global economic growth which has very important impact on global trade is likely to result in in a net loss for the global economy. if we look at world trade of the moment and global politics increasingly politicians seem to be concerned about down national interest only and you know it's all about international corporation is the era of international cooperation maybe.
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well it's certainly under stress right now i think it's way too early to say that it's over i think you know if we start to see continue if we continue to see this kind of economic slowdown and the kind of disruptions that are occurring as a result of these trade conflicts continue i suspect you'll start to see the country starting to look to cooperate again and and maybe we can use this kind of crisis to strengthen global cooperation let's hope it's just a phase rather copeman that chief economist of the world trade organization in geneva thank you very much for joining us. german coffee we tailored to long known for its known coffee offerings ranging from kitchen utensils to clothes is arguing for stricter government oversight of the fashion industry and western economies the company says regulation is the only way to establish higher wages and
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better working standards in developing countries that voluntary action was not enough. meanwhile some companies are trying to tackle the industry's problem with their own approaches including a company in india that found a way to up cycle left over fabrics to stylish new governments. at this clothing design studio in southwest delhi fabric waste is seen as a valuable resource. the philosophy here is simple we don't need more new clothes repair more it's a challenge to the fast fashion business model a challenge that textile up cycler due diligence is proud to be making the problem in the fashion industry thoughts from the fact that it's b.s. don't really know our fashion model so today about seventy three percent of garment
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three stages go into one food because there is lack of rays of the using the fabrics and got into working with. that realisation led christy to learn and to villages other two founders to address the problem of textile waste in india they set up a design label committed to making fashionable clothing from garment waste or up cycling discarded items it's a concept that's been gaining in popularity in the textile industry all over india as awareness rises. and garment waste is not the only problem even more serious is the issue of production waste the textile industry is considered to be india's third largest polluter. environmental implications are worrying the situation is getting worse by the day due to the surging demand for products and the associated use of chemicals the need for landfill space and
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increased energy and water consumption. in twenty fifteen. and the fashion industry used up about seventy nine million metric so that's that's huge and the single t. shirt is takes up about two thousand seven hundred twenty liters of water which is as much as most adults would drink and to us and that is a single. then of course that toxic step in the production. process itself which then impacts the communities around which factors come. too close just founders set up their company in twenty twelve now they have almost twenty employees the process starts with sorting the textile remnants that's when the inspiration comes for new clothing designs. the brand also makes bags and other items and the leftovers of their production go into yet other new products.
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from delhi that surely is an encouraging example but is that isn't that just a drop in the bucket. i guess that's true i mean the upcycling project is encouraging but it really is very nice you know india's textile industry which is estimated to be worth about forty billion dollars a you're really has a massive environmental footprint but also the human cost involved just like in neighboring bunder the issues are very high for years activists have pointed out widespread exploitation and abuse of over a million workers who work in the southern city which is really the heart of india's textile industry and they make loads there mainly for global brands and the workers here are mainly women from from poor backgrounds from low cost backgrounds are very vulnerable to sexual have spent it to petition they often are not paid
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enough they have long working hours so that does remain a major problem and. so there are calls for western governments for stronger over sides of the western textile industry was draws heavily on. the in the industry but is the indian government doing enough to protect its workers well there are laws and pleas that are meant to protect excited workers you know local administrations in tamil nadu have held awareness campaigns sensitize they should campaigns factories are also mandated by law to have internal committees that investigate allegations of sexual habits meant but act of the sea in reality many of these are not used by workers because of fear that they might lose their jobs so the subtly of a long way to go there. in delhi for us thank you. first . air pollution in the north of thailand has hit alarming levels
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authorities are having to provide pollution face mass to delegates arriving for a banking summit in the region thailand's prime minister has been in the chiang mai region to discuss the problem wildfires caused by land clearing in exceptionally dry conditions have sparked a public health crisis the air quality index shows the level of the most dangerous microscopic particles at four hundred eighty per cubic metre any level over three hundred is classed as a. this by the dangerous. quality the meeting will still go i have asked planned later this week some three hundred officials from all across asia will be at and that's all for now thanks for watching.
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him in the closet yourself up a long it's not easy to go to another country you know nothing about why folks say i'm do this because we can't stay on his way and i nag i'll support that. closely coble news that matters. made for minds. that seventy seven percent. are younger than thanks poppy. that's me and me and you. and you know what time the voices. on this seventy seven percent talk about the issues. from politics to flash from housing boom boom boom town this is where. welcome to the
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seventy seven percent. starts people six g.w. . bush says heat in ruins morrow a. symbol of a long conflict in the philippines. between the muslims and the christian population. last planes fighters occupied the city center and now seventeen president to tear his response was told. by hitler it will never again football game. the reconquest turned into tragedy. is not the kind of freedom that we won. how did not become a gateway to islamize terror until now he's saying sorry but i mustn't as the result of an exclusive report from
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a destroyed city. philippines in the sense of. starts april eleventh on g.w. . blame. this is the w. news live from britain was a step closer to leaving the european union without a deal to reach from a senior team arrives at ten downing street for hours of talks after parliament rejected alternatives to the prime minister's a popular deal the e.u. parliament stop president official says the u.k. must break the deadlock this week or face the also on the program.
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smiles and selfishness a decades long few days later rests greek prime minister. is the first.

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