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tv   Business  Deutsche Welle  July 19, 2019 4:45pm-5:01pm CEST

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and space agency sent companies joining forces to exploit the potential of asteroids we speak to a scientist to find out more about mining the milky way. and then physical and let's do business critics accuse the japanese prime minister of using his trade dispute with south korea japan denies its trade round with south korea threatens the global high tech sector instead tokyo puts the onus on seoul to return to the negotiating table and rebuild trust. the global grounding of the 737 max drags on costing u.s. plane make a boeing billions of dollars more. and space agency send companies joining forces to exploit the potential of asteroids we speak to a scientist to find out more about mining in the milky way. i mean physical and let's do business critics accuse the japanese prime minister of using his trade dispute with south korea to ghana votes with tokyo curbing exports of high tech
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materials to seoul there is an election in japan this weekend and shinzo abbay may have reason to celebrate the latest polls predict his coalition will come out on top when the nation votes for a new upper house of parliament positive economic data is also helping his chances japan's economy beat expectations expanding by 2.2 percent in the 1st quarter but it's not all good news exports fell by 2.4 percent in the same time period with japan shipping fewer cars trucks and steel pipes abroad the burgeoning trade conflicts around the world could sour the outlook u.s. president or trump is still weighing a 25 percent levy on japanese car brands like toyota and nissan japan's also facing a boycott in south korea over a disagreement on reparations for its treatment of victims of war time slave labor . kim jong il is putting up a boycott sign at the entrance to his grocery store. he's taking all japanese
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products off the shelves including cigarettes and alcohol. and there we took away japanese beer from here will. and replace these 2 rows are places i bottled beer with korean soju if i would have found it if you know that he will. and he's not alone over 3700 members of a south korean grocery store so ca ssion are doing the same the boycott across the country is hurting japan south korea is the biggest export market for japanese beer in the 1st 2 weeks of july alone sales of japanese beer dropped by a quarter. and they're bound to fall even further as more and more koreans join the boycott. that's a fact. we have a cyber you're on display in a restaurant and one customer said that just by looking at his side it makes him
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angry and asked us to remove them so i took them all down from our store of the. japan start of the trades bad earlier this month when it unveiled tough restrictions on exports crucial to korean tech companies like samsung and he next japan argues seoul exported some of those materials to north korea circumventing sanctions. but seoul says tokyo is retaliating for a series of rulings by south korean courts and the order japanese firms that use forced labor during japan's clonal rule of the korean peninsula decades ago to pay reparations to the victims. the government in tokyo insists this dark chapter of history was closed under a bilateral treaty in 1965 when japan apologized and paid compensation. but that's not good enough for many koreans like shop owner kim jong il he says he won't stop his boycott of japanese cigarettes and drinks until japan makes further concessions . 2 deadly crashes in indonesia and ethiopia
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a long list of lawsuits and the aircraft at the center of the controversy still hasn't been fully fixed boeing hopes to get regulatory approval to return the 737 max to the skies early in the 4th quarter but the timeline is of the you guessed it . it's the company's best selling plane and a model that's become synonymous with tragedy regulators grounded the 737 max in march after the deaths of 346 people in 2 crashes blamed on faulty software. the move led to the cancellation of thousands of flights. for which boeing is now counting the cost the company has set aside $4900000000.00 to compensate airlines and their customers boeing has also reduced production that will cost the company around another 1700000000 dollars it has warned investors to expect profits to plunge as a result the announcement comes just days after the u.s.
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house of representatives held a hearing on aviation safety among those who testified was paul. who lost his wife and 3 children in the ethiopian airlines crash in march. boy and should not be allowed to act like a mere investment company extracting world to supercharge shareholder returns at the expense of safety and quality their leadership should change in favor of engineering safety forecasts. earlier this month the plane maker announced it would be creating a $100000000.00 fund to support the families and communities of the crash victims the figure is around the same as the list price of a single 737 max boeing says it expects the model to be back in the air by the end of the year but the shadows of the ill fated model will be cast far longer than that dozens of lawsuits are still pending and boeing's reputation for safety may
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have been tarnished for ever. bya has welcomed a call from a us judge to kind of damages award to a california couple a jury found its based weed killer because they're cancer but the judge says $2000000000.00 was too much and once the case retried this is happened twice this week by a faces huge legal bills over the homicide round up which is produced by its sea dream on some to. some of the other stories making business news carlos goldman is reportedly suing nissan and mitsubishi for unfair dismissal of former boss of the renault nissan mitsubishi alliance was arrested in november and faces multiple charges of financial misconduct which he denies is also claims the japanese carmakers did not provide enough evidence of the allegations against. china's massive pig farming industry is struggling to contain african swine fever
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codes have been devastated prices soaring and the country has ramped up imports from the e.u. and brazil to meet demand china's domestic he heard it is down 60000000 from last year. the globe's biggest brewer has sold its australian business to a japanese rival for over $11000000000.00 a.b.m. bev handing united breweries over to a site in beverly churns brands like wiser than corona says it will use the cash to get its house in order the belgian brazilian group is saddled with more than $100000000000.00 in debt the brewer surprised markets earlier this week by suspending a planned asian i.p.o. it would have been the world's largest stock sale this year. now all this week we've been marking the 50th anniversary of the 1st moon landing but setting foot there wasn't enough for space agencies and now private enterprises to with earth's
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growing appetite for rule materials the race is on to find minerals on the moon and beyond. just days ago the japanese space probe hired booster 2 landed on the asteroid review over 300000000 kilometers from. its there to take samples from beneath the surface and bring them back home together with france and germany the japanese space agency and aims to find out what the asteroid is made of and if there might be any valuable role materials hidden within. the sick i had some of the project is a world 1st with multi sampling to landings and a collection of under surface samples will move its or something like with. the u.s. space agency nasa is also examining an asteroid with its so desirous rex probe it's taking samples of the rock to find out what it's made of and hopefully gain some insight into how the earth was formed. nasa has also been looking for rare
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resources on the moon for years the rocket crater moonscape could conceal valuable treasures metals such as gold platinum iridium and helium 3 gas have all been detected there now it's trying to figure out how to break down these raw materials and transport them to. the director of curtain space science and technology center in perth australia to my colleague monica job's that mining minerals in space is the longer science fiction it's becoming much more relationally just over the last few years than i ever thought it would be interesting were on both. osiris rex missions it's great to be part of that. those who are those private companies involved in this now and also in most major space agencies and what do we hope to find on an asteroid that we can't mine here on earth. well it's i mean there's a kind of
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a couple of flavors here to this we can find as you study pace those heavy metals like it with and and and and and ram you know platinum if things like that. but in a way is kind of the support industries that we're interested in for those who need fuel and you need water and we can get that from places like ice on the moon all right but the moon isn't right next door asteroid certainly aren't all that's missions are very costly how big a business proposition is space mining then. i think so so nasa and chinese space agency and easter all have a program to go back to the moon over the next few years. if you can get fuel and
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water there versus carrying it all the way it's a really big deal so in terms of you know you save a huge amount of money for every kilo you can find versus what you can bring here so it's a huge support for those missions i know course you i mean you mentioned it there's a lot of cooperation going on when it comes to space missions between nations like the united states and europe once you get there how do you determine the mining rights on an extraterrestrial object it's difficult enough here on earth that's an excellent question actually right now there are no mining rights so you can't legally make money mining asteroids or bring a bag. if you use that material to make fuel i think that's ok but there's some very old treaties in there and those need to change before this becomes an industry all right professor phil bland the director of a close in space science and technology center in perth australia thank you so much
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for your time and your insights. that brings you up to date on all the business news here down on earth and up there in space by strong business wish you.
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the female. india and. how can a country's economy grow harmony with its people. when there are doers look at the
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bigger picture into a country that 5. this is many challenges and these people are striving to create a sustainable future clever projects from europe and india. and 30 minutes on w. . i'm scared that the war that's hard and in the end is a me you're not allowed to stay here anymore we will send you back. are you familiar with this. with a smuggler as well miles of. what's your story ready. i'm a woman i was and women especially in victims of violence. take part and send us your
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story we are trying always to understand this new culture. another visitor not the guests you want to become a citizen. in for migrants your platform for reliable information. our consumerism is causing a radical depletion of forests. for 25 ships coming as a country scottish. as it. forests and the money. the tragic reality behind the exploitation. starts july 24th on. the alabama.
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this is why germany's chancellor delivers her verdict on donald trump's recent racist statements. i reject comments and stand in solidarity with the congresswoman he attacked it was going to matter cause most forthright. news conference she also credited the young activists with spurring her.

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