tv Business Deutsche Welle June 27, 2019 8:30am-8:46am CEST
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in history. the room a legend was simply a human being who was armstrong. the moon was his destiny starts july 20th on t.w. . a deal seems close head of a crucial meeting between the 2 leaders in japan the u.s. and china agree on a truce in their trade war while the u.s. side says 90 percent of the deal is agreed upon and now this trouble looming on a different from. is the the new business of gallup's as in berlin welcome. one day before the g 20 summit kicks off in japan this significant movement of the trade conflict between the u.s.
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and china according to the south china morning post and politico the 2 sides have agreed on a quote tentative truce delaying a fresh round of u.s. tariffs that would have extended live is on nearly all chinese products coming to the u.s. according to the reports the deterrent was a condition the chinese side said before agreeing to a meeting between president xi jinping and donald trump now scheduled for saturday on the fringes of the g. 20 meeting. chinese president xi jinping arrived in osaka in the rain on thursday morning but the forecast for trade talks with the u.s. has apparently gotten a little sunnier amid reports of the tentative truce on the tarney topic of additional tariffs optimism has been building among world leaders that a deal is within reach between the superpowers when their leaders meet in japan. do not worry about it in regard to the u.s. china trade expect the united states and china will constructively resolve the
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issue through dialogue including the us china meeting joining the g 20 summit. we're at a time of very high tensions between the united states and china so joining the g 20 summit i hope we can have talks that will ease the tensions separate monthly analysts say and out and out solution to the trade dispute is unlikely to be found this weekend but one survey of investors suggests they aren't expecting any new tariffs either as the latest report suggests trump has not ruled out the possibility. that it's possible we're going to get there but i'm also very happy where we are now would take you know what should and if we don't make a deal i will terrified maybe not a 25 percent but maybe a 10 percent but i will tear up the rest of the $600000000000.00 that we're talking about. trump lookalike has already arrived in osaka but we're volatile markets need from this weekend's g. 20 is
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a real deal. and while there seems to be some progress with china things look a little less clear with another important u.s. trading partner india following the u.s. move to suspend indian trade privileges india last week raise tariffs on 28 imports mostly agricultural goods sweet trump called the tariffs unacceptable and demanded quote they must be withdrawn meeting indian counterparts and stay u.s. secretary of state mike pompei all said the country is how to work through things. joined it is studio by dennis snow he's the president of the global solutions initiative that's a gathering of the world's leading think science they are representing a lot of brainpower today here thank you for joining me dennis a truce with china seems to be that a resolution of the conflict on the cards more trouble is brewing with india are those 2 conference on upon will not at all and those who are close to the
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discussions say that the entire threatened trade war between the us and china is not really about trade it's about technological dominance and if you explain china has accumulated a huge strong position in the new digital technologies because the china's such a large country and the state has an enormous amount of information about its citizens and. helps it make very rapid progress. and that is a threat to the perceived as a threat to the united states of a power not not so much already power and there of course the matter is about who will be dominant in the digital age in the future with regard to india this is not the same issue the same is the trade bobbie we've been
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reporting and talking about the trade war for i don't know how long now is that really our biggest problem in the world economy right now. well trump could make it a very major problem because a trade war can cause a huge amount of damage to the world economy but at present we've got lots of other problems they have could be another financial crisis because although we've taken steps the system is still unstable because taxes. they is still there to rescue lauds financially relevant institutions and there are many other global problems particularly problems concerned with the regulation of e-commerce and services which are not covered by trade rules and so the focus of goods
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is misplaced because we are moving into a world where goods will be produced lauds li by machines close to the customers but the big world's trade issues will surround services that are digitally movable. let's say this trade war with china comes to an end this weekend is the u.s. any better off. for it because the i.m.f. says it costs $455000000000.00 u.s. dollars in damage per year so drage wars and this skirmish has already been very damaging and the thing to be understood is that most goods holidays are produced in many countries so the factory of today extends across many national borders and therefore if you have
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a tariff that's like a wall inside a factory it obstructs everybody and damages everyone including the u.s. which has so far has been estimated suffered $60000000000.00 of damage but trump some being good with balls has he really can he claim that he has achieved anything for american workers economically he's done the opposite he's hurt american workers because the damage that is done through the production of goods and services and they can. more expensive exceeds the. trade effect of using american workers more intensively but i think what is overlooked in all of this is that the tariff war stands for something important in american identity of those who feel on the privileged and they believe there's
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a president who is fighting their corner and that can supersede a lot of economic ills and it's now thank you very much for coming to the studio today. well they say there's no such thing as a free lunch well in indonesia you might be able to get one right now because in the city of yogyakarta local farmers have started to give away their chickens for free it's a protest against a misguided government policies is more. satay chicken grilled on a skewer and served with a peanut sauce is a popular dish in yogyakarta this week people in the indonesian city were eating it for free. poultry farmers gave away thousands of birds to protest against plunging prices when the action began customers thronged the market to take advantage of the freebies. it's a sign of our concern and our protest to the government because the price has been
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below the production cost. breeders have been producing more chicken in the country consumed in response the government ordered them to cull 3000000 chickens over the next 2 weeks to prop up the prices the farmers decided to give away the birds but if you didn't know it's better like this they'll be rewarded by god. she took 2 free chickens home. but the latest trend hit the streets in many big cities around the world electrical rental stores as everywhere right now and very often lying flat on pavements many international companies on a slice of that market and the 1st serious accidents with a flimsy and unstable vehicles have already been reported critics also say that another economically viable nor environmentally sustainable. a 2 wheeler build for 2 even though doubling up on an electric kick scooter is actually illegal in germany you can now find these vehicles for rent on nearly every corner in the
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heart of berlin and this summer people are scootering through the streets and parks of the german capital where 15 companies are competing for the market critics complain that they clog up traffic and. consume too much energy. we wanted to hear the company's response so we zoomed along to german scooter sharing company tier mobility experiences in other cities show that only 20 percent of scooter riders have given up their cars for this mode of transport but the sector believes that in the long run electric scooters will ride cars off the road. is if you want to if you look at the commuter train stations here in berlin in some cases they're one or 2 kilometers apart and maybe your office is right between them or your workplace is 4 or 5 kilometers from the train station then it's very attractive to rent an electric kick scooter at the station to get to your office
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and the potential users are people who would have otherwise taken their cars to give them 5 sides of the. unknown thought it's all going up. but keeping up an adequate network of motorized scooters is a logistical challenge at night transporters have to collect the scooter fleet and redistribute them for the next morning micro mobility analyst alexander young says that's why it's no surprise that a 10 minute ride currently costs 2 years 50 as much as a subway ticket. and not all of the aga feud i lot of suppliers say that's even below the running costs because managing a fleet of electric scooters cost so much money tied into the by the neglect look at $1.00 of the current generation doesn't have replaceable batteries. so you basically have to pick up every scooter every 2 days ticket to a warehouse to be charged and then bring it back into town and you start to look at
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that in my view that's not economically viable in the long run. but manufacturers are working on the battery problem and they're convinced that these electric vehicles can help turn the corner in the mobility revolution. so well that's it for me and the business to lend small business background on analysis check out dot com slash business. reporter is next 5 after this quick looks a global markets because i must watch the. clock
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secrets lie behind the small. find out in an immersive experience and explore a fascinating cultural heritage sites. w. world heritage 360. if you think. this is the world famous conductor can i go with the joint just symphony orchestra because we have a very special and culture show for you today. is my special guest here in the studio we'll be talking about all things classical but there's also more music of a different kind coming up. can you imagine a world without the beatles all well except one person has forgotten them and danny
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boyle's new found. see how this plays out. without further ado it's a great pleasure to welcome maestro nagano here in the studio with me my special guest who needs no introduction to long term d.w. views because of classical masterpieces the d.v.d. box set of 6 of the world's great symphonies now it was made all over a decade. old but they were they were great shows on the t.v. and there was great d.v.d. box set and i think you choose did you choose the symphonies that were to be used. it was the result of a dial would watch avella we went through a series of suggestions and i would say it was more of a consensus that this group of composers could give us the same time a very long perspective of classical music and not the same time offer some profundity yeah and.
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