tv Business Deutsche Welle July 24, 2019 5:02am-5:15am CEST
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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 break what happens after freedom of movement within the e.u. no longer applies to the u.k. farmers in scotland the fear of the loss of seasonal workers from eastern europe. also on the show and in his 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
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minister boris johnson a figure who 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
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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 many shoppers are likely to see prices rise soon for imported products. a report released monday even says there is a chance the u.k. you come to me is already in a recession now if britain does leave the e.u.
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and freedom of movement from migrant workers vital for the economy there's 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 highlands famous for their breathtaking landscapes the castles and lakes. workers on the strawberry plantations over don't get to see this side of scotland almost all of them came here from eastern europe. there and around 300 euros a week here. that equals a month's wages in romania and bulgaria but if you are forced. out of what it is and dimitri i own has been spending the summer months in scotland for 7 years now as a name you citizen he never had problems entering the country that brags it could mean the end of freedom of movement. breaks it also has
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a worrying effect on scottish farmers. politicians in london neglect and abandon and says i'm just porter who runs the farm he employs 140 seasonal workers not one of them is british. he struggles to find enough local workers in rural scotland. the future worries him. we built up an industry entirely based on people coming from the e.u. and without them. well it would be very very difficult i mean i don't. i don't know how we would even begin to do our work but also some regional politicians have a different view though brags that supporters would rather send unemployed scots to work in the fields. to do jobs that when i was a boy. i walked on the farms. when i was at school.
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we. got. people coming across to the guest. coming across this is actually the you know the people of the trinity. local soever wouldn't want to live in nice containers on the farm and be woken at 5 am to start picking seasonal workers dimitri alongside his colleagues dmitri works for the minimum wage often for 10 to 12 hours a day. we had some grace yeah that became. the day sandy 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 would stop that ever happening.
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china's e-commerce giant is now allowing u.s. companies to sell on its platform opening up markets especially for small american businesses in countries served by ali baba like india and china the company's move to open up its speed to the 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 being to the market place amazon business in the process. our financial correspondent yan's quarter joins us now from wall street yes so alibaba taking on amazon going head to head with amazon what chance does on about to have here. well i mean overall ali baba already has some experience in the us and the market
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to be to a piece of business the business market is huge it's estimated to surpass this year a trillion dollars so there was quite some potential and if i understand correctly ali baba's going a bit of a different way than. that specially small american companies are going to keep the customer relationships and old saw the data sold that is something that has not been offering that easy in the process so yes there is a certain chance for ali baba to get a piece of this is a huge market. some do opportunities there then but timing is obviously clearly an issue what impact would the us china trade war have on our plans to push further into the us. timing certainly could be better in regards to the trade tensions between china and chinese companies and the us on the other
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side of the standing of amazon there was the current administration and 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. very interesting in 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 engaging next week to try and pave the way towards a resolution the 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
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dragons komodo dragons that is their creatures are arguably one of the biggest tourist draws in an end 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 the komodo dragon trucks around 200000 visitors and really but the island will be closed to the public for one year from the start of 2020 sorties are confident in the. last and this is for conservation to return the komodo dragons habitats to what it was that's our goal that we do and that he committed a national park will not be closed but the closure is limited to the komodo island
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. 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 and get them we're told by. try to close for one year if the 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 you know what i'm writing this. conservation program will hopefully boost the island's long term tourist prospects keeping the number of both the komodo 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.
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ready o.t. politics. keep learning marched reality wait a 2nd we want the whole picture our facts instead of vague ideas and shifts to live us. from atlanta to reality to cryptocurrency to your topics for live in an ever changing digital world let's start with digitalisation. shift. what do you think what do you get for 50 such. big fees that. movie a big deal. here which could be skewed. thinking come bills. did you know it cost $0.50 to feed long hungry child for one full day. it
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would be one fast. game in 0 room. with the sheridan you can share your children with just $0.50 and a tap on your smartphone together we can hunger please tell me of the out. of that. this is state of the news africa coming up in the next 15 minutes kenya's fight against corruption the country's finance minister has been arrested and charged with groff so does the smog a turning point for the notoriously corrupt country or is this politics at play. and the european union's mission in africa the block is increasing.
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