tv Business Deutsche Welle May 16, 2019 3:02am-3:15am CEST
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tech hub san francisco bans facial recognition technology saying it wants to create a secure state not a security state that alone is unlikely to stop the technology's commercial development where many see advantages. also on the show the u.s. holds off on even more tariffs this time against overseas carmakers so should volkswagen and honda breathe a sigh of relief. and american lawmakers want to know what the 737 max sailed through certification despite issues now being connected to 2 fatal crashes we'll give you the details. welcome to your business i'm stephen beers in berlin thanks for joining us before we get to those stories some breaking news 1st u.s. president donald trump declaring a national emergency that is widely expected to pave the way for his prohibition of chinese telecoms giant huawei from the u.s. market the order is designed to formally protect u.s.
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networks from foreign espionage but is widely seen as a path to excluding the telecoms giant from the u.s. market the u.s. already barred government agencies from using while way products. now tech savvy san francisco of all places is banning facial recognition technology the new measure will make the bay city the 1st in the u.s. to prohibit local government agencies from obtaining retaining accessing or using the surveillance but it doesn't limit commercial applications take a look. send francisco home to many of the world's tech plane yours is blazing a new path it's restricting the use of facial recognition technology by the local government. it's psychologically unhealthy when people know they're being watching every aspect of the public realm out on the streets in parks that's not the kind of city i will live in give this as the difference whether the
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technology can still be used by the us federal government and private businesses in san francisco rapid. facial recognition technology is already in use the world over at airports on social media at sporting events and even in smartphones. big players like amazon facebook and i.b.m. make billions helping both private companies and governments utilize their software the $4000000000.00 industry is expected to quadruple in size over the next decade. here in berlin the german government has started experimenting with the technology at public train stations after a terror attack at a christmas market in 2016. and companies maintain facial recognition software can improve consumers' lives. like at this market in china where cameras automatically identify consumers and charge purchases to their account. thank you jack how is that critics of the technology say china's extensive use of facial identification software should serve as
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a cautionary tale the country's camera surveillance systems track millions of its citizens automatically. the government has even outfitted taxis with cameras that automatically identify passengers and log their trips in a central register officially it's to improve consumer safety however critics warn such uses are an invitation to government abuse. and let's go now to our financial correspondent in new york ian's korda ins what is the commercial market for facial recognition technology in the u.s. well if you look at google believe there are expectations that the market could grow a roughly $10000000000.00 a year risen 2022 and a well if we look at the recent developments on one side those. departments and the local police force are big customers on one side on the other
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side you do have companies like amazon or facebook coo also use some face still facial recognition and i do not believe that that's going to change anytime soon just look at all the recent developments and yes there's a big debate on private security and such but at the end of the day customers just look at convenience so in the next couple of days we will have more local authorities making probably similar decisions what we've seen in san francisco but that's probably not going to stop the rise of facial recognition i have to ask you about car tariffs the u.s. saying today that it will postpone a decision on whether to raise import tariffs on foreign cars 6 months 6 months away rather is a relief of course for all of automakers in europe and japan particular who feared a 25 percent tax president trump has dangled new tariffs of course as the u.s. negotiates trade deals with japan and the european union so yes wall street i
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gather was pretty happy to get this news today wasn't it. you you could certainly say so we started the day on the downside and then when news broke that the u.s. president on is probably not going to impose those tariffs anytime soon we saw a huge turnaround in the markets we also by the way had us common you affect the rosette trading to the upside but also if you look at the broader scheme of things it might show that us president to donald trump has learned a lesson specially after this huge market drop on monday deescalation was all those trade tensions actually might be good for the markets and therefore also good for u.s. president donald trump who defied some sell for quite a bit was the performance of wall street. corner with the latest from new york thank you and staying in the u.s. the american aviation regulator the f.a.a.
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is on the hot seat for its role in the certification of boeing 737 max and by what critics say was a delayed decision to ground that plane following 2 deadly crashes u.s. lawmakers today grilled the head of the f.a.a. on both issues focusing in on why the regulator allowed boeing itself to inspect certain aspects of the new airframe scrutiny comes after new revelations that the manufacturer ignored pilot concerns about the aircraft. during the 2 hour hearing before the house aviation panel it became clear that although regulators had considered grounding the $737.00 mix after the 1st fatal accident you know last year they failed to act lawmakers pressed no will on the federal aviation authorities reliance on boeing employees during the plane certification with the stories we've heard about the process of certification so far troubling. the guiding principle of the f.a.a. and manufacturers must be safety not getting
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a highly valued plane out more quickly investigators have zeroed in on the planes and the stall system as the cause of the lion air crash in october and the ethiopian airlines disaster in march that together killed $346.00 people last year inspectors with the federal aviation administration discovered that the manufacturer had deactivated a signal designed to advise the pilots of a mill function in the system will fended off criticism that the f.a.a. waited too long to ground the planes the f.a.a. was just too cozy with it you were in bed with those that you were supposed to be regulating and that's why mom put $737.00 max planes around the world remain on the ground until the investigations are complete and that's likely to take many months . or the e.u.
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it's a special kind of anniversary for portugal 7 years ago today eurozone leaders agreed on a 78000000000 euro bailout of the country's economy portugal had been hit hard by the eurozone debt crisis but its economy is now back on track thanks to a string of reforms and foreign investment. it takes a little patients but if you take the time you can catch the perfect wave. here in nazareth of all places one and a half hours drive north of lisbon. over in the town's park as a party nurseries mayor is convinced of things have improved enormously since the socialists came to power but his party has shielded people from the worst effects of the crisis. else falsified here we're in a completely different situation to say the one i mean greece the government has shown in the people that there are alternatives to the austerity packages of the international monetary fund and waves of privatization but you just put. up with
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this factory process is lovely grown apples it's a vicious manager wants to see his dried fruit on shelves throughout europe he export business is running well right now low wages are providing them in competitive advantage but small and midsized enterprises or a semi's say the government should give them more support they say smaller startups are being strangled by red tape. that pulls the government should pay more attention to industry and agriculture and it knows that insiders gradually growing that you can't simply rely entirely on tourism and the real estate business is going to think you know what was up. south of nazareth a string of exclusive golf resorts stretches out along the coast the owners of this one began with the hotel now they're building $128.00 small villas on the grounds an exclusive attraction for french german or scandinavian investors.
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our european friends are our best customers and they've only just begun to discover portugal. and i think there's enough potential in this market for years to come. because. without a doubt tourism in real estate the mainstays of portugal's economy right now but there's a lot of controversy about just how much the average citizen benefits from the unions are constantly hearing about bad working conditions and low pay he said. i earn a bit of a $600.00 euros plus lunch money that's not much when you consider that tourists spend a lot here on the buses could easily share a bit more of it around. that's what the socialists think as well something which could give them an election win this year they just have to approach it like the surface touch the perfect wave and ride it as long as
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