tv Business Deutsche Welle April 30, 2019 11:15pm-11:30pm CEST
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well we're fighting for our lives and that's why my daughter asked and oh all right friends of friends francisco mark is joining us tonight from washington mr organs we appreciate you taking the time to talk with us thank you very much and there's a reminder the top story that we're following for you in venezuela government armored vehicles have plowed into a crowd of demonstrators as the struggle for power work in. this. business is up next. my first by say mosul sewing machine. and i come from women are bones by this ocean towards something as simple as learning how to write them by side poses and. since i was a little good i wanted to have a bicycle of my home and it took me mister when i. finally gave up invented by me and i saved us and returns with the sewing machine sewing i suppose was more
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appropriate for those than rising up by as now i want to reach out to those women back home who had bone to buy them two thousand and social norms and inform them about deadbeats and rights my name is the about of people and they were more into. a lawsuit from a litigious leader under u.s. president donald trump. not to hand over his financial records in an attempt to block a congressional subpoena i. also want to show investors they just think turnings report from apple i phone sales are down but services are up. and millionaires playground monaco wants to go green and not just from all that money.
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and in berlin while the leader of the world's most powerful country is suing germany's flagship lender. donald trump hopes a lawsuit will stop the torture bank from handing over his business records to congress democrat let democrat like committee subpoenaed the documents last month betting that if the president has financial skeletons the german bank knows where they are buried. the lawsuit is a trump family affair with the president's three eldest children also filing suit against georgia bank germany's leading financial institution provided massive loans to the trump organization when other banks were put off by the president's multiple bankruptcies. the congressional committees are interested in where the door to a bank was expecting something in return or whether there were secret guarantees from russia or secret agreements made. deutsche bank help the trump organization
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finance multiple projects to the tune of more than two billion dollars that includes trump hotels and can see you know resorts in atlantic city the trump international hotel and tower in chicago a golf resort in miami almost a billion dollars for the avenue of the americas building in new york and the trump hotel in washington. the democrats want to know why trump and door to bank had such close ties. to the russian ship with no actual bacon's and usual what would they will do and billions of dollars he filed a lawsuit against him oh no other day with no gitmo all but they have done so why was this happening i think we need to ponder. that democrats are also examining whether donald trump is financially dependent on russia they believe money laundering could be involved and torture bank may have made such transactions possible frankfurt based lender has already handed over some financial documents
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regarding the u.s. president to investigators and plans to continue doing so deutsche bank said it would have by by all court orders related to the probe. yes carthage joins us now from new york and it's good to see you now deutsche bank has agreed to cooperate with the investigation but can touch a lawsuit actually stop it from handing over the chumps the trunk family's financial records. it's not so much about the lawsuits itself a dodge a bank is sort of caught in the middle of a legal power struggle because that is the big question if in general this congressional committee has the authority to actually force a banker to hand over those information as far as i understand about may sixth bank was ready to give at least them some details and now the trump organization and the president himself and his family are trying to block this so
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a dodger bank overall i don't see it having such a tough time of getting any problems with this case they're basically just waiting and seeing what the legal basis is and the fact that deutsche bank was pretty much the house bank of donald trump was basically because most of the other big wall street banks were not lending any money to donald trump and the longer because some of his and surprises hasn't been that successful so i don't see it necessarily as a big problem for bank it's it's a legal battle that we're seeing right now surrounding president donald trump his family and his organization. definitely a story that set to continue but for now yes stay where you are will return to you in a moment because apple's profits fell sixteen percent to eleven point six billion dollars as demand for i phones continues to weaken the spike that however the company is
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more upbeat about the current quarter it expects i phone sales to stabilize and china the world's biggest smartphone market and investor. as are increasingly optimistic about its service revenue sales from apple's non hardware business came in slightly ahead of analyst expectations. and we're back with yes quarter on wall street now against those apple figures capped off earnings announcements from the high growth tech companies like facebook amazon and the likes any trends that you're spotting well one trend that we certainly see is just set the bar low enough and then it's easy to sort of possum expectations that was by the way also true for full because bottom line is the company exceeded for example revenue estimates by quite a bit and in the first after our reaction here on wall street the stock popped up by about five percent and maybe on a wednesday i book could try to achieve for market capitalization of one trillion
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dollars again also other big tech names like facebook like amazon like twitter overall they did better than expected and this is one reason why we saw quite a rally on wall street in the past couple of weeks just here on tuesdays at the final trading day of april the s. and p. five hundred is set in new all time highs so new records here on wall street thank you very much chance carter there on wall street for us. now to some other business stories from around the world apple rival samsung also released its latest quarterly earnings posting a sixty per cent slide in profits year on year to five point three billion dollars the south korean tech company claims poor sales and its slow and mid-range smartphone models along with falling demand for primary chips and displays.
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iran's president hassan rouhani says his country will continue to export oil the spite us sanctions in a speech broadcast on state t.v. he said america was wrong to think it could reduce iran's output to zero pressure from the us is expected to drive iran further into recession and sent inflation towards forty percent. official figures show the eurozone economy expanded by zero point four percent in the first quarter of the year that's twice as much as the previous quarter and unemployment fell to its lowest levels since two thousand and eight it's now hovering around seven point seven percent although that's higher in some countries like greece. profits european airplane maker airbus fell eighty six percent during the first quarter of the year that's true to a number of factors including the ending of the a three eighty super jumbo program
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after years of losses the german government suspension of defense exports to saudi arabia resulted in a one hundred ninety million euro loss. high rollers pro players champagne and convertibles those are some of the things that come to mind whenever monaco is mentioned but now europe's gambling capital wants to bet big on something else sustainability that is. monaco is pretty but it's also bursting at the seams a building boom is to blame almost forty thousand people live on a tract of land measuring two square kilometers. at the palace at the rock of monaco prince albert the second is using rapeseed oil for heat he says if all the buildings in his principality were heated with rapeseed oil monaco could slash c o two emissions by half. especially in the past few months all the measures we've
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been putting in place are due to our objective of honoring the commitments we made to the paris climate accord. monaco promise to half its greenhouse gas emissions by twenty thirty and replacing fossil fuels with rapeseed would help but critics say. what you're wearing right now may one day end up in india for a decade a town ninety kilometers away from delhi has made its living from the clothes the rest of the world throws away but the community has also attracted the attention of campaigners trying to rid the country of child labor. for more than half a century it's been known as the castoff capital of the world in the indian state of haryana is the final resting place for many people's unwanted clothes hundreds of tons arrive every day to be destroyed and repurposed. a lot employed at the air we import from different countries especially from dubai and from european
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countries these came from friends and we separate the different colors here the blues. and here the browns. the clothes are turned into a rough heavy yarn known as shaadi which is woven into blankets but demand for them is fulling thanks to synthetic chinese fleece which is softer lighter and cheaper where penny pat had around four hundred factories in the early two thousand and now has around one hundred production has fallen by a quarter over a decade the increasingly bleak outlook for the industry here come inside with a concerted effort to get the children of laborers out of the factories charity workers estimate a tenth the panny perhaps children are as they put it in gauged in a working environment. class ever that and then they get it's not about the money it's just that by getting together we're able to work faster we collect one hundred to one hundred twenty repeats a day working from eight o'clock in the morning to six at night that they're never
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get that. one charity is trying to turn pony part into a child labor free zone by getting the kids back into school either at one of the government schools or one of its own training centers like this one didn't fall forward to five hundred children back to school the beginning when we first visited the factories to convince them not to let the miners work i wouldn't let us in but we came back again and again to get out they gave as pony path continues to try to live off the leftovers of others with education may give its very youngest workers a shot at their own rags to riches story thanks for watching.
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sometimes i am nothing but that. thinks deep into the german culture of looking at the stereotypes of quiet indians think the solution country guy not. needed to take his grandmother down to me it's all about. i'm right joe join me to meet the gentleman from d w. this is africa coming up in the next fifteen minutes millions have been displays of home and abroad due to dion goal in civil war now solve saddam's government and un agencies are trying to help them return home but is it too soon. also coming up a fifth day of heavy rain compounds that mrs reagan was.
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