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tv   Business  Deutsche Welle  June 26, 2019 1:30am-1:45am CEST

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for the troops out of. time to overcome. and connect the world. it's time for. coming up ahead. minds. more heated rhetoric as tensions between iran and the united states continues to rise president donald trump threatens to parts of the country while terror on calls fresh u.s. sanctions quote mentally retarded also coming up logistics heavyweight fed ex is suing the u.s. government over new export rules and fishing business these tiny baby eels are a multimillion dollar business now european fisherman fight against smugglers to sell
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them to china. welcome to the program u.s. secretary of state mike pompei who has arrived in the indian capital for talks with this condo board as jay shankar and the indian prime minister narendra modi trade tensions between india and the us have been on the rise india impose tariffs on almost 30 u.s. products earlier this month in retaliation for the u.s. ending india preferential trade status the leaders also expected to discuss u.s. efforts to build a global coalition to put pressure on iran. meanwhile iran's leadership has slammed the latest u.s. sanctions which particularly target the country's supreme leader and his affiliates terran called the move quote outrageous and mentally retarded. on the streets of tehran his picture is everywhere iran's supreme leader ayatollah ali khamenei this week the u.s. impose new sanctions targeting him personally so what does this mean for the
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iranian economy how these latest. supreme go. as well as private. private sectors. in the moment is to to share. of multi $1000000000.00 complex all over industries building infrastructure and saw in one way it is goal to. iran's economy is already struggling under the sanctions imposed earlier by the us foreign investment from abroad has plummeted prices are rising and the iranian currency is losing value raney and say this is nothing new they've experienced several periods of international sanctions many seem to be taking the worsening economic situation in their stride perhaps because they believe assurances by their parliamentarians.
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the strongest of their sanctions were the economic ones and iran's found ways to move around them they wanted to reduce our oil says to 0 but they are all continues to be exported. so. in fact iran's oil exports have plummeted by more than 80 percent china still buys iranian crude india's cut off imports but not completely but that may not be enough to shore up iran's currency reserves the greatest risk for the iranian economy is that the conflict with washington goes even further. delivery company fed ex says is suing the u.s. government over its important export restrictions on chinese companies including tech giant huawei the measures to prevent u.s. technology getting into the hands of companies that the white house considers a national security threat a fed ex says they've left delivery firms with the quote impossible task of having
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to police millions of shipments every day last week fed ex wrongly returned a while i phone bound for the united states to its british center. all right let's bring in court on wall street here against fed ex is suing the u.s. government tell us more about the market reaction to that well pretty much federal express is saying that they are not to lie a bill of for actually the content of its shipments and it is legally and logistically impossible to basically scan those packages and therefore this you would the stock of federal express traded to the downside here on tuesday by a good gins 3 percent the stock has been under pressure for quite some time and by the way they can hold with their earnings report just after hours on tuesday and looking at 2020 they're expecting that the entire year would be negatively
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impacted by all the trade issues that are going on at the mall and he ends investors also had their eyes and ears on fed jared jerome powell and he had some disappointing remarks. well disappointing in that respect that he was saying that the monetary policy of the federal reserve should not react to short term political aspects so that was a pretty direct them criticism to u.s. president donald trump and that he's not willing to back down that does not mean that we will not see interest rate cuts by the end of july but it also shows that this interest rate cut is not set in stone and that actually did cause some confusion on wall street and was one of the main reasons why i lost
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a good 180 points here in the tuesday session and scored in new york thank you very much. all right let's talk some seafood here yellow translucent eels are expensive delicacy and china and japan as worldwide stocks decline smuggling is on the rise why exports from the u.s. been banned and fisheries associations and customs officials are on the tracks of the traffickers. this week our nick hopes is tending to 1400000 tiny eels just delivered from british waters in this stage of development the thin bony fish are almost transparent which is why they're called glassy eels european ills are facing extinction stocks have been in decline for 3 decades and so far there are no reliable methods of breeding them entirely in captivity. it is possible now to get the ills to reproduce and keep them alive for
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a while but we still don't know what nutrients the young eels need at a certain stage of their lives and the and start. a lot of. these young fish need optimal conditions which means they should leave the basins at the german fisheries association as soon as possible and the return to natural waters to grow to full size. are not cope and his colleagues want to be sure that the glass eels are not fished up and sold to farms in asia where eels are great delicacy. of the. only word addressing this issue as far back as 1996 it's a war it's thought it almost was a lot of that then we said we were already exporting too many of them to asia although it was legal at the time and that the price had run away for normal users i think in all of that in the meantime ill prices have reached record highs a kilogram of classical sells for 400 euros in germany in asia for 10 times that
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that profit margin has attracted organized crime as authority. they're beginning to realize their last ill smuggling is extremely lucrative and considerable quantities are being moved around because you can even compare it with the drug trade for profit margins or similar trafficking in glass eels can make you the same kind of money is not cutting straffing. the customs official say it's a fairly new phenomenon but that they're growing more aware of the problem airport controls recently turned up 100000 live glass eels and a raid uncovered an illegal collection point where the ils were being packed up for the long journey. to plan z. in they put them into suitcases with ice cold water and added ice water in styrofoam wattles to keep the temperature down around freezing them at the time but out that way the animals metabolism will stay low and they have a good chance of surviving the trip was awful shoals of those who believe some good
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news for animal protectionists and a lover's most of the glass eels confiscated in frankfort were put in the rhine river where they'll be able to continue developing normally. and staying with the question of what might or might not end up on your dinner table we all know that we can be grocery shopping can be a real pain hoards of a customer is blocking your way or you're trying not to steer your full shopping cart into a stack of canned beans by trial and friends to do away with the house and with the help of the latest technology it could also help people with mobility issues. this attentive little fellow is one of the autonomous delivery robots being child by french supermarket chain from 3. they're designed to help those who might otherwise struggle to push a shopping trolley around the store to get the groceries they need they can carry
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up to 40 liters at items and once you're through the checkout believin take them home for you. it's not going to change my shopping habits but it's going to help because i don't have to carry anything and it can go all the way to my house. supermarket's on the only places in france where robots are doing the heavy lifting palio based in paris specializes in automating forklift trucks which provides to around $200.00 sites. the trolley is able to tear located cell thanks to its navigation these are a mapping that we gave it so thanks to the circuit that we drew it can move a pallet from point a to point b. . palio has sold more than $500.00 of its autonomous machines he says they're creating safer workplaces by making collisions less likely. the company's annual sales have risen from 1000000 euros to 23000000 euros in the past 5 years and with
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more french companies investing in self driving equipment like this factory in the northwest of the country france's or thomas industry is becoming one to watch. and that's it from me and indeed other business team here in berlin for more news and analysis check out our website at b.w. dot com slash business we leave you with a quick check of how global markets are trading up this hour i'm chris cuomo roland thanks for watching and see a vacuum. quite
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melody. michael leiter. resonate within its. mind and the music. over. 1st 2019 from september 6th to september 29th.
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i'm not often out of the well i guess sometimes i am but i said nothing which is that the job of thinks the consumer jemma culture of looking at the stereotypes question but if you think the future of the country guy now i. mean it's a big day for this drama day out to me it's all about ok. i'm right joe join me from the jet sunday w. post. such a vivid. link to africa and the world story link to exceptional stories and discussions from v.z. and while with safety debbie to come so much coffee coffee join us on facebook w. africa. this is the entire us the entire us came from jurors or dealing with an even at that i killed many
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civilians i mean the irish coming committing my father says i was a student i wanted to build a life for myself. but suddenly life became malinche kind of sob. providing insights global news that matters d. w. made for mines. welcome to the world of arts and culture 10 years ago we all woke up to the shocking news that michael jackson had died suddenly more about that in a minute but also coming up today. in venice. and a british artist whose photo collages are inspired by works of.
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june the 25th 2009 michael jackson died of an overdose of drugs administered by his private doctor which were meant to help him sleep just 3 months before the king of pop had announced a series of comeback concerts to be staged in london his 1st live shows in over a decade today his legacy is divided undoubtedly one of the greatest musical talents of his generation there were also terrible allegations about his private life which possessed to this day. was michael jackson a troubled musical genius a monster or maybe both. one decade ago news of the king of pop's death nearly broke the internet google and other.

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