tv Conflict Zone Deutsche Welle August 1, 2019 5:30am-6:01am CEST
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who follows a deal with 5 european countries to take in the migrants who were rescued from the mediterranean a week ago several people were evacuated earlier on humanitarian grounds. the african union's mediator for sudan has condemned the killing of 4 student opposition protesters earlier this week and called for a speedy trial for those responsible demonstrators took to the streets of the city of by eat on wednesday where the students were killed they blame paramilitaries of the rapid support forces. as expected the u.s. federal reserve cut interest rates believes many scratching their heads if the u.s. economy is strong why the need for even cheaper money is. also on the show go breakthrough no progress no deal the 12th round of u.s.
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china trade talks ends with the same result as the previous 11. and the new british prime minister brings new worries for business with the breaks that brinksmanship ends in a much threaded no deal. this is your business report and stephen bears in berlin thanks for watching it's a modest cut interest rates that has some scratching their heads the u.s. federal reserve has lowered rates by a quarter percent despite strong economic indicators in the country officials pointed to softening business investment and muted inflation it's been a long time since the last rate cut almost 11 years in fact that was december 2008 on the tail end of federal reserve efforts to prime financial markets during the recession. it's only gone up since then in line with the recovering and eventually booming american economy now compare that to the european central bank where the deposit rate has long been below 0 and where policymakers are still cutting and
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that's putting even more pressure on the fed as rate cuts devalue the euro against the dollar affecting trade balances and then there's the pressure from u.s. president donald trump he's repeatedly pushed for a larger interest rate cut in fact saying today that fed chairman powell had let him down jerome paul's delivery was in line with a dry and factual tone fed chairman have always displayed yet there was a hint of caution as he explained the committee's decision to cut the benchmark rate for the 1st time in over a decade for the federal funds it is intended to insure against downside risks from weak global growth and trade policy uncertainty to help offset the effects these factors are currently having on the economy and to promote a faster return of inflation to our symmetric 2 percent objective that trade policy uncertainty would be the result of u.s. president trumps ongoing fights with china not the e.u. and even his north american neighbors and the criticism of trump's policies might
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have been inappropriate for a fed chairman but trump himself had unrelentingly attacked the fed's policies demanding larger rate cuts to support pledging to act as appropriate to sustain the expansion of the fed signaled possible future rate cuts for the benefit wall street however did not immediately react as such action had been widely expected. and let's go now to our financial correspondent jose luis to haro in new york was it there you are so the decision finally made how are the markets reacting. you know it will stephen especially after listening to your own paul giving context . was more hawkish it done investors anticipated he was a very clear estate in just a minute cycle policy adjustment meaning it's different from the start of a long cut inside go out and we saw for example in 2007 obviously we did not see it
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well with investors who we are still seeing i believe 2 more rate cuts before the year and so we. will let everybody down with the decision. the fed likes to say that its decisions are data driven did powell in that press conference lay out a strong enough argument for why. why he's cutting rates despite the strong economic data frankly in the us. stephen he was really begun to regard so was the. statement in bold the case is the outlook for the u.s. economy remain favorable while the current expansion was to find the staying power will mention it did we should expect that job growth to be slower down last year but defended still sees the us a growing 2 point one percent in $21000.00 and probably meant near record lows that this year old so inflation should catch up with just below the 2 percent goal situation which makes it harder for some to
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justify easing monetary conditions actually today's decision was not unanimous sense and kansas city fed president and every grocery the head of boston's considered the need to wait and see before go we know ahead we've got to say that gold that that trade tensions have returned to a seamer and d.f.l. in c. is worried about international development such as the a slowdown in global economy. was the hearo there for the new york thank you. the 12th time was not the charm apparently the latest round of u.s. china trade talks indeed without a deal and with both sides hardening their positions it looks like any agreements could be a long ways off. a few pleasant smiles an exchange of niceties then u.s. trade representative robert light ties are in treasury secretary stephen menuhin got down to business with chinese vice premier her. there was little expectation of
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an agreement being reached before hand and the likelihood of that probably wasn't helped by the coinciding harsh criticism of china's economic policies by president trump one of his complaints that china makes promises but fails to follow through. and beijing wasted no time in responding and he was not lutetia will mean i think it's meaningless for the u.s. to pursue these maximum pressure tactics when someone is ill it's useless to ask someone else to take the medicine only 5 believe the u.s. should show more sincerity and good faith when it comes to trade negotiations. the 2 sides positions appear to be hardening the white house is already impose tariffs on half of chinese imports and has threatened to go further china has hit back with its own tariffs the result levies on 300 $60000000000.00 into a trade hitting the economies of both parties anyone who had hopes that the 2 sides
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who come together on wednesday was left disappointed when the doors reopen data for hours a quick photo opportunity was all that was left to do the american delegation departed for the airport with nothing more to say. and speaking of trade brazilian economic minister paolo geddes says his country has officially started negotiating a trade agreement with the united states get it says the deal will be compatible with a trade pact recently made with the european union the announcement was made as u.s. commerce secretary wilbur ross was in brasilia to commemorate 100 years of economic relations between the 2 nations u.s. is pursuing closer ties with latin america's top economy and hopes to sell of more of a lot of products including ethanol a key engine fuel. now it's barely a week since boris johnson became british prime minister and the fears are already mounting to his strategy of threatening
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a no deal breakers that lead to just that as opposed to the better deal he says he seeks for businesses that's the nightmare scenario and more are now preparing for the worst. right now the opel plant in port is closed for a summer break but soon it might be shut for good leaving over $1000.00 people out of a job. would not be a true grit any longer getting made elsewhere in europe john cooper has been working here for 40 years he worries about bricks and the plants future. sense of what we've built here to try to 4 countries in europe all of them. it would be. said opal. and in general in london no one seems to care what's best for the u.k. it's what's best for the it is within the. far in the north of the country in scotland they seem to agree the new tory prime minister boris johnson was not
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particularly welcome the leader of the scottish government set scotland could leave the u.k. in the event of a no deal breaks it boris johnson seemed concerned by the worries of the scots or the problems of the auto industry. it is a set facing difficulties but barrymore it just in the last few weeks you've seen big investments coming into talks would you let me going to be built by b.m.w. a new vehicle to be built. 1000000000 pound investment by jail in in birmingham we will do everything we can to address the issues of just in time supply chains but we are going to go ahead and come out of the e.u. on october 31st and thank you. johnson seems more than willing to oversee a no deal brick sits even though the british chamber of commerce sees that as a worst case scenario. johnson says the industry's warning so
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overblown many voters in alice meal port agree even those who might soon lose their jobs at opel. many here would vote for pricks again like louise whitby who barely manages to pay their rent for her beauty paul or. maybe that hard place change. jobs they may all the hard way this. is not that anybody beginning from when he went off to bed people off. she might be in full route of making. a dutch me traitor's suspected of being the kingpin of europe's 2013 horsemeat scandal has been arrested at a spanish seaside resort yun falzon was detained at the request of french authorities after a court in paris handed him
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a 2 year prison sentence in his absence earlier this month the case for outrage across europe 6 years ago supermarkets were forced to pull millions of suspect food products from shelves falzon allegedly made millions by selling cheap horsemeat as more expensive beef. and finally there is new hope for the. of the right now serous scientists at america's san diego zoo say a birth there represents a milestone in efforts to save a rhino subspecies a baby southern white rhino calf came into the world without complications after its mother was artificially inseminated last year there are an estimated $800000.00 white rhinos in the wild but their species is being decimated by aggressive poachers in south africa. that's it for me in the business team thanks for joining us good.
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any time any. africa in the world join us on facebook. the world is getting more some. more. a lot of problems. the global 2000 talks would seem british researchers to take a more optimistic view. the world is not always a good point but it's much much faster than i was. is the world really getting better. a global $3000.00 special reports. starts aug 19th sunday to.
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fathers have been murdered. and. i. thank you i. thank. you. all crime writers it was really one of my early childhood was very difficult i never knew my father my mother raised me by herself and that was hard. one to answer for doing that until the 5th grade i was a good student in 1999 i received a scholarship for secondary school. and that's when i got my 1st marriage proposal .
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telling local officials of well i was physically mature for my age and people used to look down on me. they said i was born out of wedlock and had to marry quickly to save my honor they said that if i didn't i'd end up just like my mother. what he did the longer you leave me for him to go along with what. and put it so was it so it took 3 years they kept telling her to marry me i was there i love her but she refused and then she said i was too young and she wanted to send me to school a little bit but. we're going. to go to. her clearly right in the way we're going to look at the local there are lots of america. negotiations but my mother was still opposed to the idea the prospective husbands got angry and threatened us. they said if i can't marry her
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i'll tell her. i was married when i was 14 i didn't know anything about men or intimacy or starting a family. but. that's. what i'm alluding to you have chicken the ducks you always slaughter the one that looks the most mature. so that's how it was with me. thanks. a lot somersaults with horrible was one day my husband came home and said he'd run out of money. he wanted me to take out a microcredit loan because i said i had no idea how to.
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