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tv   Business  Deutsche Welle  June 11, 2019 8:15pm-8:31pm CEST

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most of the story is just a moment some good news on the talk to me out over yet you can get all the latest news and information around the clock on the web site posting tell me dot com are good. what secrets lie behind these memos. to find out in an immersive experience and explore fascinating cultural heritage science. d.w. world heritage 362 the good. i'm not laughing at them well i just sometimes i am but i stand up and whip that piece
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of german thinks deep into the german culture of looking into stereotypes cracks in here think it's new for the country that i don't. need it seems ridiculous drama there you go it's all about ok no i'm rachel join me to meet the german fun d.w. . post. how to kick start to nigeria's economy president pledged to increase growth on jobs in the auto which country that's just emerged from a deep recession but there are hurdles ahead we go live to joplin who are also coming up it's a centuries old crop that mainly grows in ethiopia tests as western celebrities hoped could be the next door you know a. welcome to do business africa want to. jones in berlin the to have you with us
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and we're starting in nigeria where last month the president mohammad. was sworn in for a 2nd term in office it was a narrow election election win that took place against a backdrop of economic uncertainty among the biggest challenges he's facing is slowing growth the nigerian economy is projected to grow by just over 2 percent this year that's well below forecast for many other african countries obstacles to growth include poor infrastructure frequent power outages and corruption and unsurprisingly those kinds of problems are doing little to spur investment in 2018 nigeria attracted far less foreign investment than egypt south africa ghana or ethiopia but it's not all doom and gloom area is africa's biggest oil producer currently producing some $1900000.00 barrels a day so what's holding nigeria back and where does president hari have to act
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let's bring in wise to egypt is our correspondent in. listen jerry is an oil rich country but apparently there's a point infrastructure there's problems with power and water supply how is the possible. yes that out would be busy reasons why. the sun able to sit on the infrastructure for you to come lean on corruption from 1999 to did nigeria has over $16000000000.00 power that is not there. nigeria is busy the pants call it exists because of corruption it has privatize the power sector but it's not. because the power sector more distant within the government cycle i'm. in town you know. because if you compare
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counties with. kind generate electricity which is a major problem if you go to rome it's next is the same red line is just trying to you would realize now most of the cities on the. corruption corruption corruption i love political read from the nigerian beat us so what if corruption is quite clearly a problem for nigeria how can it and how should it be tackled. well there but how do administration came with on a talk to the production but people don't see it happening because it is not quite this to you how to deal with the institutions that kind of fight corruption is all about i rest in people and putting them into jail when the institutions are not them down was the transparency in what. he's doing to fight and against corruption
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so that people can see and be assured that yes we are serious about fighting corruption but that has not been death and close up to the authorities must be prosecuted when found wanting there are so many kisses against some of the side and government of the shots which people see the government pretending we cannot that wise and pretending that until we have fighting corruption so if there is more transparency there's an accountability tend to fight against corruption and until the very difficult somebody needs to come out and he was he also needs to do something about popular dental which is very high and that means the budget deficit is also growing what does the bihari have to do in order to put in truth that situation. i think the 1st instance he has to reduce the button of the way we do our budget the budget is an issue of us
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because the government comes in they wanted to do so much for the populace so much for the citizens of nigeria but when you will how about it when some time premium budget i knew our brain 60 percent of the budget problem so there is need to do so but in. the scale of the budget from the fit duration to this tech government that is a need to devise a fight the economy from the last one. sect us. was always it was a small deal most countries will have and then we'll have to leave it will have to leave it at that point but thank you so much thank you so much for giving us your insights there thank you. well millions of people in sudan have joined in a jet a general strike called by pro reform groups protest leaders hope the strike action will increase pressure on sudan's military leaders to step down after
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a bloody crackdown which left scores dead some shops were open for business but most remained closed the u.s. assistant secretary of state for african affairs says he plans to meet both generals and protest leaders in the capital of khartoum. south africa's president cyril ramaphosa has told the international labor conference in geneva that nations need to reaffirm their commitments to multilateralism i'm opposed said that the global multilateral framework protecting workers remains fragile threatened by trade wars disagreement and a polarized world the aisle 0 is a united nations agency that strives to create international labor standards through agreement between government employers and workers representatives the organization is today celebrating 100 years since its creation. and now to some of the other global business stories making the news. facebook google apple
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and amazon face a house judiciary committee hearing in congress is 1st antitrust review of the tech sector which until now regulators have left relatively understand the makers will assess whether the giants of the valley have become too powerful and a killing competition and if action is needed. online retailer amazon has the past google and apple as the most valuable global brand in the world a survey by market research agency cantars says amazon's brand value that's its financial performance plus its standing with consumers skyrocketed by 52 percent to $315000000000.00 in a year that's equivalent to the entire economic output of bangladesh. the 29000 consumer electronics show asia has opened in shanghai around us. 70 firms have put their technology on display a 3rd of them chinese the 5th annual c.e.o.'s focuses on the latest innovations in ai 5 g. vehicle technology and startups from around the world at the event sure way
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presented a high ai design in the 2 mobile phone can control the up to 8 supporting devices like t.v.'s tablets and consumers. let's say the rain forest well there was a time not too long ago when that was on everyone's mind some of the world's largest consumer brands including nestle and union leather even pledged in 2010 to reach net 0 deforestation within a decade through responsible sourcing of cattle palm oil soya and other commodities almost 10 years on the opposite is the case. the pledge by the consumer goods forum was supposed to mean less of this but with only months to go it's clear the aim of ending net deforestation by many of the world's biggest brands is not within reach now environmentalists greenpeace say the situation is bleak and it's want the likes of a rare 0 june 11th nestlé to evolve to avoid
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a climate and ecological breakdown greenpeace says the amount of land being cleared to make space for crops that are widely used to mass produce food is rising in many areas even after producers promise to work towards an entity forestation sawyer is seen as the 2nd biggest driver of global deforestation behind cattle farming palm oil is also among the products most responsible for the clearing of forests and the land being eaten up continues to increase in some countries greenpeace says the increased proliferation of the crops will mean that despite the consumer goods foreign sledge before the 50000000 hectares of forest will have been cleared between 20102020 that's an area the size of spain. greenpeace came to his conclusions with the use of graphics like these from nasa showing the disappearance of trees on the planets the consumer goods forum says its many high profile members have moved substantially towards their goal of 100 percent sustainable sourcing of the 4 commodities most associated with the loss of the rainforest but it except for the challenge of ending deforestation altogether he spoke complex than it is
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estimated almost a decade ago. have you ever heard of teff well if you believe in healthy trendy eating you should give it a try test is a fine and ancient grain from ethiopia and it sets to be the next canola with a 90 percent of the wealth to if it's grown in ethiopia and with gaining popularity among western celebrities it has the potential to become a new pretty export business for the country's gross. it's a centuries old scene harvest time in ethiopia everywhere you see cattle being used to we know to separate the grain from the stands for out of 10 farmers in ethiopia grotesque a fine grained high quality cereal aisle you see it it is very lethal. but it is more and we knew. and when you mix we were taught. to or. days you both did. and
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india injera for minted flatbread is ethiopia's national staple dish turf was initially exported to supply ethiopians living abroad with their daily bread but it's caught the interest of health food stores in europe in the united states it's gluten free and rich in minerals and proteins making it much sought after as an ingredient in healthy bakery cereal and snack products. liberty's including going to paltrow victoria beckham and british musician sting are among fans and some are calling the ethiopian grain a new keno a. seller's can barely keep up with demand. for the last 3 years we didn't have enough growers. export is growing and demand is also rising and that's why the price of tariff is rising to that.
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this could present major opportunities for ethiopia's to growers and exporters but the industry faces hurdles including complex supply chains involving many small operators we can market structure and high transport costs there's also been little opportunity for farmers to adopt new technologies and agro nomic practices which could dramatically increase yields. drops a business africa here on d w for me in the team of villain as always thanks for keeping us company.
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because. it's 2019 come to america and cuba is closing in south america. this is how it's just brazil the pressure is on for the. euro why the big trains which. moved to find out more. in 60 minutes.
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with different languages we fight for different things that's fine but we all stick up for freedom freedom of speech and freedom of the press. giving freedom for us global news that matters w made for martin's. this is news africa coming up in the next 15 minutes. on the reason to celebrate one assassin was 6 years no longer a crime so how about the last time l.g. was. also coming out of a crowded under-funded to go inside a youth prison in nigeria meets the inmates with little cool people who to chop them up trying to repair them for life after.

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