tv Business Deutsche Welle May 28, 2019 3:02am-3:16am CEST
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including living conditions and the standard of the food in that barracks. it's a merger that could reshape the auto industry france's renaud seems to welcome the advances of chrysler but what would it mean for japan's nissan. also on the show the e.u. has elected a new parliament we'll look at what it could mean for a commies and businesses. and how lives can cost lives we hear from an african startup the fights fake news. welcome to business i'm stephen beard's in berlin good to have you with us italian carmaker fiat wants to merge with its french rival renault and create one of the world's biggest car makers save billions of dollars and raised plenty of questions about the role of rondo's current partner nissan rhinos supervisory board is considering the possible merger
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proposed by fia chrysler the company's largest shareholder the french government is supportive equal. the government is favorable to the move but as a rental shareholder we must look into the conditions of the deal after all of this merger must be good for the economic and industrial development of renato but also for the employees who said are you going to see it says there will be no plant closings from a merger under both companies would gain by combining platforms technologies and markets the proposed merger would bring together 2 of the world's top 10 car makers and could theoretically create a new number one on the global market together rent own feet chrysler could possibly going to toyota if friend who holds on to its partnership with nissen and mitsubishi. publicly nissen says it will examine the merger but the firm is said to have been blindsided by the talks relations between the japanese firm and randall have worsened since the arrest of former alliance had called us gone and the fia
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tie up would only add to reynolds way behind the merger is a rapidly changing landscape for automakers new technologies like immobility autonomous driving and the sharing economy are up pending the market those technologies are expensive making more attractive for traditional car makers to join together. the euro saw an early boost the day after pro e.u. parties retain their majority in european parliament elections that despite losing many seats now among those making gains were the climate focused greens euro skeptic parties also made gains although not quite as much as expected for a bloc already divided over fiscal rules and budget policies this means things could get even more complicated. italy's deputy prime minister said his party's bigger lection win marks a rejection of brussels spending politics. of the of the european peoples also gave a clear mandate the europe of cuts and unemployment has failed everywhere the
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europe of precariousness and unemployment has been rejected in solving these crosshairs e.u. budget rules which italy continues to run afoul of rome argues it must spend money to boost its economy the elections were a setback for french president emmanuel mccall whose proposed eurozone reforms including a common finance minister and budget were already hanging by a thread. he barely scraped in level with euro skeptic magazine look pens nationalists results in the u.k. where brick city is one big suggest a hot bricks it may be likely to the chagrin of businesses on both sides of the channel. now earlier we asked our financial correspondent in frankfurt what more fragmented european parliament might mean for business. very much because europe. is local and regional. business with their
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european level of competition. for example the. agricultural. finance the regulation there and the list goes on and. europe. going to be more fragmented so there's going to be less consensus that's. more confrontation more contentious. certainly from a business point of view and that's always back for business and that's always bad for markets there was our financial correspondent in frankfurt saying and how can consumers in a bloc ensure that their products are fairly sourced produced and trade it one option might be to keep the entire supply line as well as production and distribution within the e.u. something some companies are already trying to do take a look. fashion made in europe produced fairly and sustainably that's what serially in stands for the fashion house operates several boutiques in germany. and
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. there are many sustainable fashion brands but the difference between us and most of them is that we're really trying to do things within. this t. shirt costs $20.00 euros and the production chain starts in greece although the country's cotton production amounts for 80 percent of the e.u.'s total that's less than one percent of global cotton output most cotton used in europe is imported from asia this textile mill does things differently it uses cotton from farmers in the surrounding area and that doesn't come cheap. quality has its value as well if we europeans don't want to pay for it we have to pay someone in asia. and that means paying them for heart and often poorly paid work in the e.u. labor laws protect employees and there's a minimum wage in place at every stage like the next one serially and dies it's fabric in poland. here and specifically in the
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area there's a complete textile manufacturing infrastructure textiles aren't just made of material and thread but you need you need dyeing you need many many many other things like for example and all of that is available here. this t. shirt is also created here it's cut from the dyed fabric then sewn together and finally made ready for shipping to germany. online sales are managed in the northern german city of lubec here designers are at work on new collections and stencils to print the designs on to the t. shirts and as for the shirt it's the last stop before it ends up on the store shelf . and now to the battle against fake new. invited media entrepreneurs from all over the world to take part in a start up boot camp at its global media forum in bonn and i put up
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a prize for the most interesting concept new scoop is the name of the startup that scooped up that award using block chain technology news scoop is building a platform that will allow journalists around the globe to work on the same story kind of like a media for news and some countries fake news has the power to kill we met some entrepreneurs to kill fake news instead it. is fighting for the truth in his homeland the democratic republic of congo lies can do great harm. in europe and america. can lead to news people can lose money but to make. it says. there is to break. for sure and therefore it was that thing that. can hear you for cut souvenirs team run congo check an online fact checking platform they tracked down misinformation
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on social networks and correct it besides their own websites they have a youtube channel and facebook and twitter presences a total of 16 journalists are working on the project they're volunteers due to lack of investors. this is a great opportunity for us to to learn how to sell our project to people our question. is why are you. hoping to get here there are 12 startups at the forum from a service provider in the field of artificial intelligence to a platform that produces content specifically for women in central america the workshops deal with financing corporate strategy and management also how to best present your own idea something many founders find difficult. to do this and lots of intelligent people find solutions to problems but that also makes them a bit blind to the matter they have
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a high level of expertise for the core of what they're doing but forget that many others around them don't have these insights. insights are not in short supply at the forum. and neither are contacts from all over the world. and let's focus again on africa's senegal's economy grew by 7 percent in the last quarter when compared to last year but how would things there look with more more workforce participation from women currently female entrepreneurs there are a rarity. here in the tiny photic in western senegal where begins at daybreak. the 1st time is to break the crust of the floss. once that's done the souls can be gathered up in minds. the woman running this operation is married you off having spent a decade working in the male dominated sold industry she decided to use her life
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savings to buy her own pot of marshland. when i 1st arrived 234 months ago i saw a man harvesting fultz they got to keep whatever they harvested and i thought to myself why men are not women. but the entrepreneur doesn't only stand that for being a woman unlike most local producers she adds to her soul it's the chemical is thought to brain development in young children. in a country where i deem deficiency remains a problem that gives her a competitive edge. in senegal the rainy season tends to begin in june by then my re hope to have produced a 1000 tons of full. israeli drug maker teva pharmaceuticals says it will pay the u.s. state of oklahoma $85000000.00 for its role contributing to america's opioid
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epidemic teva is the world's largest genetic generic drug drug maker and it agreed to the settlement rather than face trial the company's marketing of its act and fentora painkillers has been blamed for contributing to the opioid epidemic in oklahoma johnson and johnson has yet to reach a settlement and is scheduled for trial on tuesday. nice doing business with you.
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and me. a sex phone operator through her master's thesis on the potato. not a turn on well it gets more words that there was from their. list. jungle . your 1st climbing less of a minute door is grand the moment arrives. join your regular jane on her journey back to freedom. in our interactive documentary tour of dental records and returns home on t w dot com tang's. earth home to
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millions of species a home worth saving. global ideas tell stories of creative people and innovative projects around the world ideas that protect the climate boost green energy solutions and reforestation. using interactive content to inspire people to take action global audience the environment series of global 3000 on t.w. and online. this is the final image of bruno munson. taken a few days before he disappeared for a into the borneo jungle. we
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