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tv   Business  Deutsche Welle  April 4, 2019 8:30am-8:46am CEST

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and you. think you know what it's time your voice is one hundred. seventy seven percent talk about the issues. from one party t. to flash from housing boom boom town this is where. welcome to the seventy seven percent. mark fifty six g.w. . the news and scandal goes into a full fledged route and asked former c.e.o. carlos ghosn is rearrested in japan prosecutors accuse goal of using this on funds for personal use. also on the show russian cost rebounding and to german producers it smelled big business again luxury brands missing pieces celebrating the opening
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of its first ever production sites in russia. and irish thomas are looking for a plan to beat as the threat of a no deal breaks it out. hello welcome to business i'm going to get. good to have you with us for manners and share collars go on has been rearrested by police in japan that less than a month after he was released on bail he had been awaiting trial over claims of financial misconduct he's now back at the prosecutor's office to be questioned over further allegations. this is the moment carlos ghosn was taken out of his temporary accommodation and back into the custody of tokyo's police force it's the fourth time he's been arrested in japan media there say his latest detention is part of a new case looking at payments made to a dealership and i'm on. none of them got old but then if what purpose they had to take him into custody say this is
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a show of japan's hostage justice by hitting mr going again in order to give more advantage to the prosecutors i'd find it quite inappropriate she. has barely a month since going was released on a nine million dollars bond pending his trial for financial misconduct which he denies he says his latest arrest is outrageous and the charges a ground lists it also comes a day after he tweeted his intention to tell all about the other cases against him he claims they're the result of a conspiracy and this sand which asked of him as its chairman over the allegations the carmaker's president was also asked about the latest developments. out of it as well if there's so much can happen i'm shocked in a way. it's another twist in a tale that seen the fall from grace for carlos ghosn the savior of both miss and ran out he was looked up to by so many a fall from grace that is but willed it public. you know i would hope that the
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japanese judicial system. would strive for being fair to him as they would to anybody else. or a japanese citizen. carlos going who spent one hundred eight days in the custody of tokyo as prosecutors one hundred eight days and counting. deutsche bank is in talks with the german linda commands bank over a possible merger and a decision could come as soon as next week that's according to local media reports observers initially expected talks to continue until the end of the month and the potential of an early decision has peaked at some competitors interest italy's credit is reportedly eyeing a bit of its own for commands. or for more i'm joined by the frankfurt stock exchange and now an interesting turn of events did anyone see that coming. well it's not the first time that we need credit has actually expressed
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interest in acquiring. as early as twenty seven thousand we need credit already approached the german government to say so bearing in mind of course the government is they'll come out the banks because shareholder at the time however it wasn't decided not to press the issue really and wasn't entirely up for a cross border merger and credit was also undergoing its own restructure so given that previous interest as well as its banks general attractiveness and opposition target for european banks this is not the most surprising of developments but the timing certainly is interesting now that it's a dog a bank and commenced. talks how is this new big now going. well though each of buying shares seem pretty flat so this is a sanguine reaction from investors so far again and makes a difference the unicredit of course is deciding not to all throw its hat in the
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ring just yet it's waiting for talks between deutsche bank and co bout's bank to fail but suffice to say the talks that we have come out spying are running into difficulty anyway. apparently wants more time apparently apparently wants it aside more quickly while deutsche bank wants to take more time in the talks german media are reporting that an initial decision could come as early as this weekend or latest on tuesday. when come out the bank executive board meets pointing to a resolution that could be achieved quite soon one way or the other. i mean what would be the best to deal with deutsche would unicredit be a good partner for commits. and this new is with the credit came out there is actually shot up more than five more than five percent before a trading opened here today and there's still trading higher at the moment. so this
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shows you that there is some excitement here on the news and analysts are also saying that it wouldn't be the worst idea either unicredit already has a big footprint in germany it owns a hippo for ryan's bank this is a bank that is a very strong in the south of germany at the which is of course has which of course has a lot of industry now european banking officials wanting more consolidation in the sector might look a more favorably across the border deal instead of just the german one but again germany is widely thought to have a push this deal between deutsche bank and mail its bank it might not want to see to it one of its two a biggest lenders fall into the hands and political resistance would then be expected. reporting from the frankfurt stock exchange thank you so much. german luxury comic a dime opened its first production side in russia president vladimir putin and german economy minister peter were on hand to help and to. is hoping that russian
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society still has enough affluent members to buy the plants sit downs and s.u.v.s. putin arrives at the new factory though not in a mercedes the presidential limousine is a russian built. hootin favors domestic build models something him or cities will soon also be he pledged to make the new factory a success. you see these bands will not be disappointed in how the work and business are running in russia i'm sure of this and we will do everything far we will help our partners. promised the german car maker hopes it can bank on russia isn't even in the top ten markets for cars but with import tariffs looming in the u.s. it has high hopes for russia with one hundred forty million people and a growing middle class sadie's is a sought after status symbol here one that justifies the company's two hundred
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fifty million euro investment but for the german government it's a balancing act investing big in a country still under european sanctions. sanctions were adopted for political reasons and we need political progress to change that. here we're helping to overcome the political impasse that has prevented so much in recent years. cars were not affected by the sanctions at least not directly but the economic turmoil that followed caused the market to stagnate dimer could now be leading the way as german car makers look to return to russia. and now to some other stories making news around the world a huge trove of data belonging to facebook uses has been exposed online in a public database it includes details like people's names the comments they've left and when they've hit the like button facebook store to the data on allison cloud service without any protection. tesla's first quarterly figures show
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a record decline in deliveries stoking fears that demand for its latest electric vehicle is faltering analysts say a reduction in tax incentives for its model three set down in the united states and problems with getting deliveries to bias in europe and china behind the full results. german chancellor angela merkel is in ireland today to discuss the fallout of a possible no deal break stayed with prime minister lee your car now the question of how to retain seamless trade across a border between northern ireland and ireland has been a major hurdle in efforts to ensure the u.k. quits the bloc in an orderly fashion and it's weighing on the minds of residents. necessity is the mother of invention and there are many examples of that in these uncertain times johnny lynch used to produce cheddar cheese here in ireland exports to britain were a mainstay of his business but unsure of developments he sold his cattle and he
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decided to settle up for the future with italian buffalo. he now has a herd of three hundred and it's growing these calves were just born overnight. lynch is happy he made the switch he's irish mozzarella has already picked the italian competition to several international prizes for it's a heartbreak that as people are saying there's a big possibility you know what it is they're talking about forty five percent. put on cheese milk going into the country going into the english country and that could mean a collapse in the market for milk and cheddar lynch's prospects though are rosy. growing twenty to twenty five percent each year. every year we're coming to the end of the year we're saying we have to look at exporting to germany screen wherever
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put it in the new we are phones january all seasons are doing again for the year and it's really what. if he does decide to move into the spanish market one factor could help the connemara f. area out of cork harbor just half an hour from his farm last summer it began a direct service to santander in spain it proved highly successful even though the most direct route for exports goes through britain. this breaks it continues to go so as it is at the moment and hard borders are put in place and we see coastal checks or more importantly agricultural checks the delays that would be brought about by the us in the order of british ports. and indeed the french ports ports and the. bridge they would render the direct routes between.
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europe feel they'd rendered far more profitable. truck drivers welcome the service. and we're really worried there could be waits of hours or even days at the british borders that would be a huge problem so direct ferry service to aren't is a good paying i'm happy. we're going to get. the car as opposed to before those england or france or whatever but it's over it's very good for like it's great if it's great for just bypass england directly it's fantastic fantastic. and as you business update here on d w four please do check us out online at a d w dot com slash business for me and the team you're in the land thanks for joining us.
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to the curious to. do it yourself. don't miss out. for. coming president obama. head of the morning patriotic front in. the rebel army and in the one
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nine hundred ninety four genocide wasn't when all in orders there wasn't doing to us given you in trouble need to reinforce the colors of the news blood was up and he was not floating in a hooves. controversial leader who successors beyond question. time. wanted tragedy starts people from d.w. . welcome to news from the world of arts and culture and today we'll be devoting quite a bit of the show to the prize winning author ben craig join me in the studio but that's not all our series breaking bread continues this time our europe correspondent the old matters is needing dough in more ways than one from the
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smallest member states. but we begin with a nigerian author and poet who came to fame in the nine hundred ninety s. when he was the youngest ever winner of the booker prize one of the world's top literary awards since then he's written novels plays and poems and he may not call himself this but believe me he's a philosopher too he's here in berlin to open the african book festival and will be my guest in a minute for this report. back in berlin award winning runs have been or create visits the german capital every now and then sometimes as a tourist sometimes a director and now. this sixty year old lives in london was born in one thousand rhea and spent his formative years between the two countries after finishing high school chris studied comparative literature at essex university passion for literature says.

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