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tv   Business  Deutsche Welle  May 6, 2019 10:30am-10:46am CEST

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in kenya to adopt refugee camp. his life story ran ground to a halt twenty seven years ago but there's no holding back his dreams. thank you for what cinema done starts may twenty seventh on the c.w. . the tariff threats are back u.s. president donald trump ups the pressure on beijing as negotiators try to hash out a trade deal look at what his new threats would mean and how markets are reacting. and israel is a start up hot spot so how does a small nation punch above its weight with well funded tech initiatives we'll speak with one of the country's most successful founders. welcome to your business i'm stephen beers in berlin thanks for joining us. hugo shooters in the u.s.
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and china have been working for months on a trade deal that would satisfy both nations and lift the weight from the global economy now new threats by u.s. president trump have up the pressure on each side dangling an uptick in existing tariffs after friday and a new round of the duties altogether shares in asia were hit hard after the news and european stocks are already down there many had believe the trade dispute could soon be ended when negotiators met in beijing last week there had been hope for a quick settlement it was believed things were going well and then u.s. president donald trump made an announcement on twitter. for ten months china has been paying tariffs to the usa of twenty five percent on fifty billion dollars of high tech and ten percent on two hundred billion dollars of other goods these payments are partially responsible for our great economic results the ten percent will go up to twenty five percent on friday. the tariffs are indeed a lucrative revenue source for the us in october twenty eighth income from tariffs
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rose by about forty percent to five point five billion dollars year on year according to the new york times this week a high ranking chinese trade delegation is scheduled to visit the us following trump's trade announcement a media report has said that the chinese side is considering canceling the talks. and let's go now to our financial correspondent in frankfurt conrad who isn't conrad how are the markets in europe reacting so far. well steve i'm not as negatively not as shocked as the markets in china but still for example the german share index dax has started trading here in frankfurt this morning with a loss of around about two percent you know this those tweets by the u.s. president have come to the market as a total surprise up until this weekend the mood had been very optimistic on the financial markets that some kind of agreement would be struck between the u.s.
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and the chinese of course everyone was aware that you know we shouldn't expect the super the one super large agreement including every single aspect for example of intellectual property but some kind of agreement that would indicate that the americans and the chinese would be willing to work together on their issues was what markets had hoped for but now it looks like donald trump really wants to go the contentious way that he likes to continue the disruptive atmosphere right encountered maybe no surprise in that alone we talk so much about the effect of these talks on the u.s. and china of course but europe of course has high stakes in what happens can you tell us a little more. yes of course the european union and the americans also are talking a little bit behind closed doors about you know how to proceed in terms of trade
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don trump has criticized the europeans as well for the large trade surplus that europe has visa v the united states we had you know the conflict about abas and boeing and the state subsidies we had also this conflict about this gas pipeline or three all of the you know agents in the european capitals will likely become more nervous this morning after this weekend's tweets by the u.s. president was stakeholders keep an eye on developments kind of who's in their force in frankfurt thank you contra. now israel is awash in tech companies and startups nowhere more so than tel aviv it's been called the world's startup capital the city where more new businesses are born per capita than any other let's look at the numbers israel's a relatively small country with just under nine million inhabitants there are almost sixty five hundred startups around one for every thirteen hundred people and
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that's for israel as a whole of course as i just said much about activity is concentrated in tel aviv where there's one start up for every three hundred people and that's the highest rate in the world so if you live in tel aviv you might know someone who started a company or maybe you founded one yourself and in just a moment we'll speak with one of the country's most successful tech entrepreneurs but first let's meet some of the other people who work there for a test drive on the streets of tel aviv attached the roof of this car is a forty imaging radar that could soon become the eyes and the brain of a south driving vehicle there's still a driver on board but the high resolution radar can already recognize every object with an a three hundred meter radius and how fast those objects are moving and where and real time day or night and all weather. the start up army developed the technology and it does not want to waste time r. and d. for software and sensors to enable autonomous driving is relentless because
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insiders say self driving cars are nearly here to me. robot taxi we believe next year. and a series of car that you really can buy for your local dealer when you're twenty three. coby marengo is glad he got involved with his startup adventure here in israel. there is a ecosystem here of invest to accelerate. corporate looking into the can always and has an innovation center that. actually turns easy . to one of the best places to start a company israel invests vast sums in innovation and it boasts plenty of well educated young people tel aviv is said to have more startups per capita than anywhere else in the world. boulevard is the scenes epicenter mindspace
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opened here in two thousand and fourteen back then it was the city's first co-working space now there are several others they compete for clients by offering perks such as pleasant surroundings and good food startups and israel why does this combination seem to work so well i think it is rarely way to succeed. with whole to make sure that we're not just going to small as we are on the map to have global it. everything that we do. and if things go wrong here failure is seen as a learning experience after which you dust yourself off and keep going i'm loving what i'm doing and i'm getting up to work every morning and i'm loving it so i will definitely do it again and again and once the work is finished speech is close by another draw for startups. and joining me now is if avi rom c.e.o.
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of cam technologies is one of israel's most high profile tech companies developed a sensor based driver alert system that was purchased by intel a few years back for fifteen billion dollars is if you're based in jerusalem we just spoke about this not tell of eve but i want to ask you first about tel aviv it's we talked about the start of density there what makes it so successful compared to maybe a silicon valley berlin how is how is it different houses similar it's complicated to explain but i'll give you three cultural things which i think are the major reason why the concentration of startups in these are the second don't just in the world. i think the first think is that we were this we don't take authority too seriously which means i can call in my company or come one of the intern is i told him i wanted to do a specific job and i wanted to do in this way he looked me in the eyes and said yes
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i heard you i have a different idea that to try completed different after two weeks he will come back and almost probably will say i'm felt i didn't succeed and failure in our culture is a way of learning so we're not losing face so sometimes i will appreciate to engineer the trying different directions more than somebody it's really not open minded. and they did the third element which is very important to our kids going to the army quite early in their age and they learn to take responsibility quite early in their life so if you take those three elements it's a very good ingredients for start up companies and these are all cultural elements but there must be also something in this nexus that you see in such a small country between these companies between the academic side and between the military yourself you mentioned they obviously have an interest in ai technology things like that is that also helping boost that whole scene is that sort of nexus
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. in general yes there's many reasons why in his words so many stock of companies i think most of them are cultural but of course the fact that many engineers are. molded into it is very to me with some of the i pick stuff to do and there prepares them for the life in india in the real world but not so much technology is used from from the army so i wouldn't connected too strong for you know here in germany there's a debate around the startup scene about bringing in local capital to make sure that these firms actually stay in germany it's not a problem in silicon valley what about in israel where does that capital come from is it coming in from outside is it coming in from government support where do you see it most of the money comes from from outside of his word but there's a lot of venture companies and finance and engines which is investing in start up companies and and i think israel is very good in startup companies not so
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good in running become ponies and simple my first company which was founded was my fault and focus on the first one was sold a venture into into we didn't want to sell not that some point the big companies come and say ok let us continued from this point. we hope to continue until the end of our life but still very difficult to maintain a very big company in this environment and i want to ask you briefly before we go we talk so much about television you're actually based in jerusalem what is the scene look light out outside of tel aviv tourism also quite a bit of t.v. or fight the company's not liking to live if but on to tell of the new jerusalem the loyalty of the engineers and the employees is one of the highest in the world because they can't go somewhere else right drew so enjoy them the culture of people in a more suitable for start up companies they start something they like to do something which is related to benefit for money to both of my companies are doing good for
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money so the upper berth bas and once you have an up or purpose to be connected to you have people that work for us one thousand years twelve years fifteen years as a standout civil interim c.e.o. and co-founder of or com technologies thank you for joining us thank you for having . and that's it for me in the business timberland for all these stories you can of course visit us at d w dot com slash business i'm stephen there's a let's watch. europe
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be going to. put what's become of it. will it look like tomorrow. being for a better future isn't enough. requires our conscious a patient. here's the elections twenty nineteen may twenty sixth on t.w. folks. say. to the news max you tube channel. to find the story. with
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exclusive access to a must see concerning. your i'm just. curious mind. do it yourself networkers looks so for subscribers and don't miss now for. catarina pereira is a freelance midwife in berlin for seventeen years she helped women give birth but she's no longer willing to put up with the working conditions hospitals are closing their delivery rooms and midwives are quitting those who remain are overworked. as midwives we no longer want to work in delivery rooms and can't afford to five women at once because we contour the wellbeing of mother and child sometimes next month. when this is not the key it's
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a sign. of the end of this. day so. this prenatal class in berlin is for parents expecting their second child. here catalina pereira imitates contractions. the five b. in ok three contractions. the last for the fall and how was it for the women. brings back.