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tv   Business  Deutsche Welle  June 11, 2019 8:30am-8:46am CEST

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discovery. subscribe. documentary. china's new weapon of the trade conflict making us a little bit. threatens to throttle exports to some key ingredients of computers and modern weaponry and it would hurt. and taking the crown from google amazon is now the world's most valuable brand is it all just down to the man at the top. and good news for towels in japan scientists in tokyo have now produced the
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country's 1st batch of toxic fishel me. this is the business i'm in berlin welcome markets in asia have edged up on news that u.s. president ronald trump expects to meet his chinese counterpart president jinping at the g. 20 summit in japan later this notice trump was also quick to warn the chinese leader that if mr z. failed to show up for the u.s. would slip further tariffs on an additional $300000000000.00 of chinese goods. meanwhile in a new twist of the ongoing trade dispute china is employing a new weapon beijing has stepped up its threats to stop the export of rare earths to the u.s. that means prices would rise and america's big big tech and defense companies could be hit hot because smartphones laptops aircraft engines guided missiles without read many products won't get made now what are rare. exactly well it's
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a group of 17 elements most of which you probably have never heard of syria is one of them you find of them catalytic converters and cars best inside as another one used in the nuclear industry if you want to make magnets you need neal dime him and length is a glance at it if used in lenses for precision optical equipment and lasers rats are not as rare as the name suggests but they can be very hard to mine and if you look at production figures it's easy to see what it would mean for the tech industry around the world of china decided to throw over production or would just be a bit selective about who it sells to because china is by far the biggest source of those elements and supplies in 3 quarters of all the world's productions $120000.00 tons per year australia comes a distant 2nd with just 20000 tonnes followed by the us which used to be a big producer but now it has digs out 15000 tons of the stuff he has more china his latest weapon in the trade dispute with the u.s.
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a rare earths state television recently showed the country's president xi jinping during a mining company in shanghai province she didn't have to say a word the picture seemed to carry a clear message that if u.s. president donald trump doesn't let up on the trade dispute china will cut off the u.s. from these vital commodities after the department of commerce brought the issue to the table it was clear to everyone china means business or. china will meet the reasonable demand of other countries for rare earths. but it would be totally unacceptable to us of these countries where they use rare earth to produce products used against china or to oppress us. china wants to defend itself against u.s. cherubs with a delivery freeze that would hit home hard the production of mobile phones solar systems computers and some weapons would grind to a halt without china's rare earths so the u.s.
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government is already looking into alternatives from regions like africa but it will take years to get production there to the point where it can match industry needs u.s. companies won't be able to wait that long. john a correspondent joins us from hong kong but here is how tempting is it for beijing to use that weapon it is a powerful weapon china supplies 70 percent of rare earth to the world and 80 percent to the u.s. it has done so before it restricted or stop exporting rare earth to japan an economy have village dependent on these materials in 2010 over over a political row over some islands which is situated between the 2 countries. however on the long term this might fire back japan has reduced its dependency on
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chinese red after. after this incident and china has lost a w.t. a trade case on this so china is still probably considering both sides but as a threat this works well because it's such an important material and although china is not as powerful it used to supply more than 90 percent of religion in the world now it's down to 70 percent it's still a major supplier. much here who would be hit hardest by by this. the supply of this. this phone vibrates thanks to rare earth lasers work with rare earth magnets so everywhere where this is needed is almost all electronics they need this now some of the companies have of course building the building stocks prices have as they do
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in such a crisis risen which gives it gives opportunities to other countries also cheated to develop their rare earths industries this will not kick in within one month or 2 but on the long run this might be also a blow to china's industries china has them on awfully. not only not because it has the largest supplies but it was able to produce them cheaper to dirty business and many countries have have. gone out of this business because it was too expensive to produce them this might change now. thank you very much. for us online retailer amazon has once again de straw and google and subclassed apple on its climb to become most valuable brand in the world according to a survey by the global global market research agency comes out i was in the brand value has now grown by 52 percent to $315000000000.00 that's equivalent
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to the g.d.p. of bangladesh cantars says amazon's move to the top was due to smart acquisitions of period customer service it's disruptive business model let's talk about that with our financial correspondent joins us from france italy just to clarify this does not mean it's the most valuable company does it. you know that's a totally different market capitalization which describes the value of the company to investors that's something different but they're interesting lee amazon also holds the crown valued at the moment at about $950.00 that's even higher than the market brand figure that you just quoted and it's already been over a trillion dollars as well just as the number $2.00 and $3.00 have been apple and alphabet but they're both in market value they're behind and it's on at the moment
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it's quite amazing if you look at the m as it actually comes from how important it is just bases personally for this success. he's hugely important for the success because i think with jeff bezos you wouldn't have found amazon c growing to the size that it is he started out despite critics saying that while the company isn't making any profits you know the share was undervalued for a long time because of that that's since changed because amazon has made huge profits he's expanded the business model in a visionary way i don't say that often but jeff bezos has a rare mix of vision management capability and the ability to develop the business model further something many other companies starters aren't very good at other people who are good at that were steve jobs at apple for example or bill gates at microsoft the other side to jeff bezos is he's apparently not
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a terribly pleasant man to work for one hears many famous stories of people subordinates being dressed down by him victims of his temper. in frankfurt thank you very much. scientists around the world are currently racing to bring the fast a lot grown the meat to market demand for meat is likely to increase considerably in the coming years and conventional farming is unlikely to cover its climate change is one reason for that so meat grown in a petri dish could be a substitute authorities in israel and the netherlands are already quite busy and now scientists at the university of tokyo have also presented death 1st the board 3 states. a one by one centimeter piece of flesh vala a delicacy from a laboratory meat fibers made from the vein cells of a cow that scientists at the university of tokyo proudly show the result of years of work these and similar methods could soon feed people all over the world. and
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you think you are right 2050 the world population will reach about 9000000000 it will be difficult for traditional meat produced by breeding animals to meet people's needs artificial meat as an alternative shows its necessity and it could last meat become a viable substitute for this. the fat cells blood vessels and bones that are so important for flavor need years to develop inside a cow flavor like that can't be produced in a laboratory but the researchers are working on it as well as on the price of meat grown in laboratories currently costs about $700.00 euros per kilogram but now a laboratory in israel says it's dramatically lowered the costs and promises a price per kilogram of about the euro's by next year. that sounds much more like american allies has said it will keep its fleet of brand new boeing 737 max planes
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on the ground for longer than expected while boeing is addressing safety concerns american is the biggest airline in the u.s. it extended its flight ban to support and will lose out on much of the summer holiday traffic because of the us the airline has to drop more than $100.00 flights a day after the crash of 2 brand new 737 months planes led to a world wide grounding of that plane. here's a reminder off the top stories we're following for you here on d w business beijing is weighing with strict thing its export of a spot of the trade conflict with the u.s. and the move that could spell trouble for the u.s. tech sector. amazon has once again sold its way to the
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most valuable brand in the world passing its sheaf rivals google and apple. and that's all from the business team here in l.a. and do check out our web sites to w dot com slash business for more news and lots of background information and follow us on facebook and twitter if you don't already since watching you know this just.
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the colby's in germany to learn german has been the. why not learn. tim w z learning course nikos fake. does not for t.v. . let's ask her mother's experience a modern museum center with. the persian cultural heritage foundation for live here researchers are looking for answers in more than 5000000 objects who claim
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objective cremates part of the history of. life only those who know about secret things however have like this slow erosion cultural heritage foundation or limbs treasure trove which the documentary june 21st dublin. 6. welcome to the news from the world of arts and culture with meryl and there's a bit of a french field so the shots of i. a visit to the world's biggest festival for animated films in the french city of honesty. and we meet the world's top female freestyle footballer melody don't shave from paris.
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we begin in the beautiful town of anna c. and eastern france home to the most important festival for animated films in the world this year over 3000 films were submitted to the festival only 200 are accepted and these contests the various categories of awards from short films to major features now and a mission is all about peaches so let's have a taste of the incredible diversity of artistic styles on offer this year.

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