tv Business Deutsche Welle May 30, 2019 1:30am-1:45am CEST
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coming up. from politics to flash from housing boom boom town this is where. the 77 percent. this week g.w. . huawei turns to the american court system to fend off attacks from washington and as the u.s. china trade standoff escalates beijing hints at choking off vital rare earth exports to the u.s. . also on the show their boss celebrates its 50th birthday in true middle age fashion contemplating past successes and failures. and spinning in old tradition into a new revenue stream how kenyan farmers are swapping high risk crops for silk
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production. welcome to you business i'm stephen beard symbol and it's good to have you with us while way officials complain the u.s. president donald trump is applying the full weight of the american state to kill their business despite that the chinese telecoms giant is now appealing to u.s. courts to find in the firm's favor arguing the u.s. ban on its hardware is unconstitutional meanwhile the trade dispute between the 2 nations continues to simmer with beijing now threatening to restrict key mineral exports to the u.s. . for huawei the case is clear politicians in the u.s. i use in their skins off an entire nation will come off a private company they are using every it tour they have including legislative and administrative and diplomatic to china us. they want to put us out of business. for months washington has been accusing qual
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way of spying and delivering data to leaders in beijing weiwei is something that's very dangerous you look at what they've done from a security standpoint from a military standpoint it's very dangerous from gen general a clear rebuttal the u.s. government has provided no evidence to assure that our way is a courtesy threat there is no gun no smoke only speculation speculation that has landed well away on the so-called entity list of companies u.s. firms can trade with google's already announced that it won't provide updates of its smartphone operating system android to while away shares are some u.s. tech companies including chip makers come under pressure meanwhile the u.s. chinese trade war is escalating beijing has suggested it might limit exports of rare earths to the u.s. in danger in the tech and defense industries there the u.s.
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defense department told congress on wednesday that it was already trying to reduce its reliance on the minerals from china the world's largest producer of rare earths . and let's go now to our financial correspondent in new york jose luis de haro markets today actually reacted to this threat from beijing about rare earths why is that. well if it goes ahead and restricts exports of rare earth materials to the u.s. several sectors such as tech and industrial ones could feel the impact sends a rare earth as are used to many magnets and electronics found in a range of products any restriction good enough rising input costs for many companies but said a new pos chinese limits of these materials is big not up in the u.s. so moch rare are the prizes by most recently in 2011 for example after china reduce export quarters but since then companies such as are already investing in
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technology to recall over and recycled them actually some consider all their measures such as currency devaluation or technology manufacturing restrictions will be far more effective than restrictions on rare earth exports and zooming out of looks like investors were jittery today about the trade dispute briefly what can you tell us. the idea that maybe there is no end in sight for 20 tensions between the u.s. and china sinking in not only died for the last couple weeks attention seem to be escalating beyond the tare from heating detect industry to wall street doesn't like uncertainty and as for now the only hope for some form of resolution is a stay one month away when president and president she will busy meet in japan for day g. 20 was the louise to haro their force in new york thank you. and over to latin america argentina has been all but paralyzed by 24 hour general
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strike it was organized in protest of the economic policies of conservative president morrissey of mockery buses and trains running with hundreds of flights canceled shops and public buildings also state shuttered unions blamed government austerity for high levels of inflation and rising unemployment this is the 5th general strike since president mockery came to power in 2015 he's aiming to run for a 2nd term in october. happy birthday to air bus the pan-european titan has just turned 50 but the celebrations were decide decidedly low key along with so many successes the aerospace company has also seen its fair share of flops. for a global industrial giant this was a rather low key anniversary party airbus celebrated its 50th birthday with a company picnic employees got a souvenir key fob and free ice cream and there was a fly over that's all to celebrate 5 decades for the pan-european aircraft builder
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which was created in 1909 by german and french politicians airbus is now headquartered in the netherlands with major production sites in france germany spain the u.k. as well as china and the u.s. the company employs some 130000 people and has built 12000 commercial jets so far in fact it's best selling its 320 is in service so much one of them is landing somewhere in the world every 2 and a half seconds. one dominant theme runs through the history of the company its competition with american plane builder boeing the rivalry between the 2 aircraft makers has propelled both to major innovations but at times has also cost them dearly for airbus the a 380 a direct competitor to boeing's dreamliner became the company's biggest corporate failure the 25000000000 euro program was scrapped last year after airlines lost
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interest in the supersize jet and its anniversary year they're both seems more focused on its future than its history among the challenges the company faces are changing in vientiane market environmental concerns new technologies and regs it's . just a few challenges they're facing air bus when it comes to climate protection big vehicles traveling long distances like transport trucks or a bit of a dilemma that's because much harder to power something so big and environmentally friendly way but there are some novel ideas coming from scandinavia look. the main problem with electric drive trucks is that their brain just just. researches mistah crime might have an answer they've developed the world's 1st test road for braille based electric trucks alegria your ideas of the truck that's electricity from this rail in future at the electricity would come from renewable sources it's a cost effective and simple system order of. the truck can also disconnect from
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the rail and run on battery and a normal electric truck the battery would usually quite tums for long distances with the swedish system it's small and lightweight but while scandinavia makes these huge leaps and electric my piloting diesel still has a stronghold in germany. of all trucks registered in germany and 2017 over 99 percent with diesel not even one percent were electric. gautham backers also paving the way electric trucks and now used to connect the city's trash sweden wants to reduce its c o 2 emissions by 20 percent by 2035. we want to be one of the 1st fossil fuel free industrialized countries in the world that's why we're really focusing on the transport sector it's important to show that it can work we can tell the rest of the world look all of this is possible to visit us now about a moment of your it's one thing for sweden to convert its my 2 ways between
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stockholm gotham back and mount but to roll the system out across europe there would need to be a common standard for electric trucks. it would be fantastic to have a standardized system across europe but the e.u. would have a big part to play with it. while persons hasn't made any concrete targets for electric my ability sweden wants to bomb combustion engines in new vehicles by 2030 . and over to africa being a farmer in kenya has never been easy now due to climate change it's even harder perhaps it's no surprise then that many farmers in kenya are swapping vulnerable crops for an unexpected alternative. these creepy crawlies could be making the thread for your next silk shirt so it has many commercial uses not least for making the famous textile of the same name and over the last few years silkworm farming has become something of
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a money spinner for kenyan farmers many are trying their hand at the practice known to seri culture as the turn away from more traditional crops like coffee and cotton those are becoming vulnerable to changing weather patterns in the east african country milk a senior director of the national sara culture research center thinks kenya can become a world leader and say look as production in traditional sort of making countries falls the production is there already in china. water. used in japan. and in india it is india isn't doing well. so even that kenya and continued to sort of containment a major attraction of civic farming is that it can generate a regular income every few weeks so it can be harvested after just 2 weeks of raving silkworms on a diet of mulberry leaves the potential for the industry is vast something identified by chinese company quine don silk text group the world's largest
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producer of silk in november it announced plans to set up a vast enterprise in kenya which would cover the entire so production chain a massive venture that could create tens of thousands of jobs in the country. and that's it from me and the business team you can find out more about these and other stories at our website dot com slash business i'm steve as always thanks for watching.
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a clash that brings many. tonight. are the to your reconcilable. june 17th b.t.w. . if you ever have to cover up a murder best way is to make an accident raring to. never read a book like this. mr jermyn street. sweepers and you're ok it's most fascinating at its most exciting. most creative. clearly trying to be tasteful innovative brilliant charming.
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thank you. elizabeth. on t.w. . up today don't miss our highlights w. program on line w. dot com highlights. greetings from berlin and a warm welcome to news from arts and culture and this time we've got some monstrous fun lined up as good old godzilla rises again and also coming up. happy and sad and sometimes just plain ordinary an international collective of photographers shines a light on the human stories beyond the headlines in every day for come. and in our series 100 german must read the newest book on the list who like getting
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fired philip delves into the psyche of violent soccer fans. i'll step aside king kong because the biggest baddest movie monster is back and i'm talking of course about the giant radioactive lizard godzilla as the hero of dozens of the movies he's returning for this summer as the 1st of the big blockbusters and this film is called godzilla king of the monsters which harks back to the original one so we'll get the lowdown from our movie man scott roxboro who's got this report for us. i would rule is changing. the balance extinction we fear. has already. monster beast fans of how to get along.
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