tv Business Deutsche Welle July 24, 2019 3:02am-3:15am CEST
3:02 am
bracing for boris and the increasing odds of a no deal brags that british prime minister to be boris johnson is set to take the reins in a country that could already be in recession. and speaking of what happens after freedom of movement within the e.u. no longer applies to the u.k. farmers in scotland fear of the loss of seasonal workers from eastern europe. also on the show and unusual bid to save the komodo dragon by keeping tourists away from where they live. i'm going on in berlin welcome 160000 people in britain have now taken a decision that will reverberate across europe the conservative party has announced the winner of its leadership ballot and with that it's chosen britain's next prime
3:03 am
minister boris johnson a figure whose selection could herald the u.k.'s departure from the e.u. without any agreement on future relations with its most important trading partner business leaders have vigorously urged to johnson to avoid this but the tumble since the phrase that vote and nearly 3 years ago has already caused damage boris johnson insists he will take the u.k. out of the e.u. by the 31st of october although it would face massive resistance from parliament he says he is ready to leave even without a formal agreement to regulate relations but the latest economic reports suggest deal or no deal leaving the e.u. is unlikely to benefit britain's economy experts are warning that departing in a chaotic fashion could put the wheels in motion for a severe downturn. what we would like to see is the smoothest possible transition we would not like to see trade disrupted between
3:04 am
the united kingdom and the members of the european union that's about 47 percent of you case trade with no clarity on how the country's economic relationships will look post brecht's that companies have been already finding it difficult to plan for the future this has led to a decline in investment which in turn has hampered growth forcing the government to borrow more money in order to maintain public services these signs of weakness have led to falling demand for the british currency and a slide in the value of the pound that's made imports more expensive meaning shoppers are likely to see prices rise soon for imported products. a report released monday even says there is a chance the u.k. economy is already in a recession. now if britain does leave the e.u.
3:05 am
and freedom of movement from migrant workers are vital for the economy there is a real danger that the u.k. might be short on those workers very soon well done many jobs like picking fruit and scotland farms a benefit hugely from seasonal labor. picture perfect scotland. the the highlands famous for their breathtaking landscapes the castles and lakes. the workers on the strawberry plantations over don't get to see this side of scotland almost all of them came here from eastern europe. here and around 300 euros a week here. that equals a month's wages in romania and bulgaria. forced. to meet 3 i own has been spending the summer months in scotland for 7 years now as a new citizen he never had problems entering the country that breaks it could mean the end of freedom of movement. breaks it also has
3:06 am
a worrying effect on scottish farmers. politicians in london neglect and abandon a says angus porter who runs the farm employs 140 seasonal workers not one of them is british. he struggles to find enough local workers in rural scotland. the teacher worries him. we build up an industry entirely based on people coming from the e.u. and without them. well that would be very very difficult i mean i don't. i don't know how you can begin to do our work but also some regional politicians have a different view of the regs its supporters would rather send unemployed scots to work in the fields. to do more jobs when i was a boy. i worked on the farms. when i was at school.
3:07 am
we. got were the foreign people coming across to the guests that are coming across this is actually the you know the local people the opportunity. locals however wouldn't want to live in these containers on the farm and be woken at 5 am to start picking seasonal workers mitri alongside his colleagues dmitri works for the minimum wage often for 10 to 12 hours a day. we had some grace here the game. days and they left because of the hard job me too would like to stay in scotland permanently instead of just during the harvest season and he'd like to see more of scotland than just the strawberry fields his dream is to visit the scottish highlands someday but briggs it could stop that ever happening.
3:08 am
as e-commerce giant is now allowing u.s. companies to sell on its platform opening up markets especially for small american businesses and contrie served by like india and china the company's move to open up its b 2 b. marketplace to u.s. manufacturers distributors and wholesalers is part of its larger effort to expand in its international market share taking on amazon's own b 2 b. marketplace amazon business in the process. our financial correspondent joins us now from wall street yes so alibaba taking on amazon going head to head with on what chance does i have here. well i mean overall ali baba already has some experience in the us and the market
3:09 am
to be so business the business market is huge it's estimated to serve this year a trillion dollars so there was quite some potential and if i understand correctly ali baba is going a bit of a different way than amazon so that specially small american companies are going to keep the customer relationships and old saw the data so that is something that has not been offering that easily in the past so yes there is a certain chance for ali baba to get a piece of there's a huge market some new opportunities there then but timing is obviously clearly an issue what impact would the u.s. china trade war have on those plans to push further into the u.s. . timing certainly could be better in regards to the trade tensions between china and chinese companies and the u.s. on the other side understanding of amazon there with the current administration and
3:10 am
washington also could be better by the way just after hours we got the word that the department of justice is actually starting. to trust their review of us american corporations so who knows maybe washington is open to more competition to some of those tech giants here in the u.s. they're interesting and quieter there on wall street for us thank you very much. and staying with a u.s. china trade war bloomberg is reporting that trade officials from both sides will meet in beijing next week to try and pave the way towards a resolution that u.s. delegation led by trade envoy robert light hisor is to meet chinese officials in shanghai on monday it's the 1st meeting since the leaders of the 2 countries met at the g 20 last month and agreed to a trade war cease fire. indonesia is hoping to save the
3:11 am
dragons komodo dragons that is the creatures are arguably one of the biggest tourist draws and then in the indonesian archipelago the country is closing komodo island to the public which is home to the world's largest species of lizard closing the island to tourists aims to avert damage and cut the risk of poaching it will remain closed until stocks of the lizards preferred prey deer buffalo and wild boar have recovered. indonesia's komodo island home to komodo dragon attracts around 200000 visitors annually but the island will be closed to the public for one year from the start of 2025 sorties are confident in the move. this is for conservation to return the komodo dragons habitats to what it was. that he committed a national park will not be closed but the closure is limited to the komodo island
3:12 am
that there are still many other beautiful islands out there in the national park by . tourists could face premium prices to visit the island upon its reopening. try to close for one year if a food stock of komodo is sufficient and the dragons are active again we will reopen to the public of course viewing the komodo dragons should not be cheaper as they are the only species of their kind on the planet. conservation program will hopefully boost the island's long term tourist prospects keeping the number of both the commodes and visitors to the island high. and that's it from me and the d.w. business team here and berlin for more business news and features check out d.w.
3:13 am
3:14 am
don't you work on the book you are no one on. the phone thank god for medical research. exposing and justice global news that matters to me for minds. earth. for saving global india's tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions. to those themes in the series of global 3000 on d w n. online. closely. carefully. don't. simply use to begin to.
3:15 am
27 Views
Uploaded by TV Archive on