Skip to main content

tv   Business  Deutsche Welle  June 5, 2019 3:02am-3:16am CEST

3:02 am
to make the bust. after pomp and party it's back to business u.s. president donald trump meets with the british business leaders promising them a quote phenomenal trade deal once britain is out of the european union also coming up taking the pro problem with waste to an entirely new level india's tallest trash mountain is on course to rise higher than the world famous top to the heart. i'm chris cuomo and welcome to the program u.s. president has offered the u.k. what he calls a very substantial trade deal once britain has left the european union on the 2nd day of a state visit mr trump met prime minister theresa may and leaders of u.s. and u.k. companies with the ongoing uncertainty over brics it british businesses are hoping
3:03 am
to cement trans atlantic. the meeting between u.s. and british business leaders went smoothly both sides cordially signaling they were eager to reach of bilateral trade agreement. to. give. gifts but before the meeting with business leaders the u.s. president tweeted big trade deal is possible once u.k. gets rid of the shackles already starting to talk by shackles the u.s. president was referring to britain's complicated divorce process from the e.u. to trump a signal to things britain should leave the e.u. without an agreement but is a trade deal with the u.s. enough to offset the potential losses that britain could face if it leaves the block without a deal the u.k.'s trade volume with the u.s. is much lower than the amount with other e.u. countries in 2017 britain imported 11 percent of its goods from the u.s.
3:04 am
compare that to well over half from the european union while 18 percent of british exports went to the u.s. a far larger 45 percent went to the e.u. . his suggestion is if brits behave themselves and make the kind of concessions that he would want we could have that deal in a heartbeat as i think one of his people said to me the question is what do they want in return for it and would that be a tool doable from that which you cite i see a lot of problems that but britain is bracing for a future outside of the bloc securing so i would trade ties with other major partners will become an ever greater priority. well for more on the story let's cross over to our man on wall street jose luis. cities we're just getting word that donald trump is saying that the u.k. health service is not likely to be part of any trade deal between the u.k.
3:05 am
and the u.s. after breakfast what are we supposed to make of the well it seems that chances are it's still seem to be a small event even after that announcement from president trump trade agreement between the u.s. and the u.k. will run into into several some of them are already very familiar because of the ongoing negotiations between washington and brussels there are different regulations some long deeper in industries that will need to be much more coherent before the any by law to agreement could come to fruition for example you k. will have to to accept us have food products such as hormone treated be currently banned under european rules for dad poor at the border probably of god by law to our dream into to be some kind of a realisation in the future and it seems that direct line it's not going to get
3:06 am
across. announcement today and hostilities investors have not only been listening to mr drum but also to the chairman of the federal reserve and what your own powell said earlier today really move the markets. that's correct the increase of investors really well controlled fair share moana remarks wall implicitly opened the door to the probability of a rate cut to sustain their current economic expansion if needed the head of the fed said the central bank does not know exactly when trade issues will be resolved that it is it ready to act at that said one card may not satisfy markets since the futures are saying alina that at least 2 if not 3 rate cards are respected before year end but let's not forget either that the fed also encourages that risk taking from investors by lowering rates makes it harder to control any current excesses on financial markets also lose their own nerd thank you. so the u.s.
3:07 am
president is speculating that britain's departure from the e.u. will be good for the country and the united states but there is a number of on resolved issues the latest the deadline extension is october 31st until then many britons are trying along and hoping for the best. small market town of horrors in north yorkshire maybe somewhat out of the way but it's most certainly not a sleepy hamlet that's thanks to our oppressive bill local councillor john blackie the post office the library the bus company all the one slated for closure now they're run by locals and flourishing and horses approaching brags that with the same can do attitude. to. catch as. many. as we can. anyone wanting to borrow books or cash a check can do it right here in hordes what was once
3:08 am
a routine occurrence is now rare in a region struggling under austerity john blacky worries that the cutbacks could get even worse after a break that britain's withdrawal from the e.u. but it's not the 1st crisis horses endured. back in the early ninety's the cheese factory was about to shut down then john lackey got together with the factories current managing director david hartley to organize a rescue the employees simply took over the plant. today 200 people working here and it exports cheese around the world. but many younger families are leaving that makes keeping the local infrastructure intact and functional a hard task and now it's just been announced that the town's only bank branch will soon be closed. the bank. well.
3:09 am
i thought they might. yeah the last thing you want the shops and business premises to be empty because when shops and premises are empty people look at the purchase it starts to build tired and dowdy and not thriving at the people. but will carry on and. give our example to other communities because if we can do it they can grow not taking no for an outside i can assure you and i right absolutely . wonderful white buses john blackies greatest success and evidence of his infectious enthusiasm he drummed up 60 volunteer drivers who ferry tourists around as well as locals who can't drive anymore taking them to things like afternoon tea in the next village halls residents are all agreed john blackie is unique and no one could possibly fill his shoes. the german government is under fire from
3:10 am
business leaders for not doing enough to help them the president of the federation of german industry says taxes and electricity costs are too high prompting an unusually direct response from the chance. chancellor angela merkel is used to criticism but the head of the country's biggest industrial lobby b.t.i. addressed her in unusually strong terms he made it clear he thinks the government should stop resting on its laurels and look to the future. is that you don't feel i did the government has maintained the status quo and likes to talk about how good the economy is right now but looking into the rearview mirror it's not a good foundation for moving forward. the government coalition and i want to make this very clear has lost a great deal of the trust and confidence we put into it. as for angela merkel the chancellor switch to attack mode responding with a sideswipe of her own. even though mine was invited like to once again point out
3:11 am
that this government has been in office for a year and 3 months i could talk about how many hours are spent focusing on the loss of trust in the german auto industry and the breaking up through its i don't want to do that now. let me just say we have a common responsibility to get mines on the front but to do list is extensive the b.t.i. says germany lags behind in digital infrastructure many c.e.o.'s bemoan the rising cost of energy which they attribute to a flawed climate change policy and with all the crises the government faces industry fears its needs are being neglected but for today at least it appears the lobby is harsh criticism has struck home. economic progress often comes at a cost we know that take india for example many of its urban areas are drowning in rubbish new delhi's landfill has become a trash mountain $1.00 that could soon top the country's famous touch.
3:12 am
looming around the surrounding buildings of new delhi's goes in for landfill dominates the landscape. its dimensions are staggering measuring 40 football fields india's largest dump is rising some 10 meters vertically year. soon it's expected to top the country's famous taj mahal dumbs like this are the dark side of india's improving standard of living. as you ordered water more as your economy warms you are definitely going to buy more stuff and it's it's not rocket science to say that as you buy more stuff you want to raise to more stuff you want to roll with more stuff so that is the challenge of being india to be. but it's more than just a blight on the scenery because of poor and other dumps like it regularly catch fire due to escaping methane gas taking days at a time to extinguish. they also release toxic chemicals into surrounding areas causing everything from breathing problems to even cancer.
3:13 am
measured years of living through what i'm leaving this neighborhood because of my children i have 2 children at home one is 8 and the other 4 and both frequently get ill because of pollution. like this will only get bigger. problems is likely to be a defining issue in the coming years. thanks for watching. cool
3:14 am
cool. to the news. channel. goldmine of stories. with exclusive. the must see concert. tour of. curious minds. do it yourself networkers the. subscriber and don't miss sound cool. right. thank you fred. thank you so much a lot of thinking. oh my god
3:15 am
oh my god. oh my god. what.

43 Views

info Stream Only

Uploaded by TV Archive on