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tv   Business  Deutsche Welle  August 10, 2019 1:30am-1:46am CEST

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quiet melody rizzo's mongoloid of the. ready prison within its. ready own mind and the music. told from the 1st bomb 2019 from september 6th to september 29th. president donald trump says he's not ready to do as deal with china to resolve the u.s. china trade war tax i've always been caught in the fray for a while and now it's taking steps to shield itself against the conflicts worst effects. as india prox down on the disputed region of kashmir of migrant workers
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they are fleeing from old. give a man a fish and you feed him for a day teach a country to sell fish and you create a viable export industry we take you to croatia. can rupees make your rich not if you ship them overseas for processing cambodia tries to put some sparkle into with them as they gents their own industry. this is their w business i'm john meldrum on in berlin welcome u.s. stocks fell after the white house says it's not ready to make a deal with china to lay the trade war to rest meaning companies will have to work that much harder to future proof themselves against the conflict while wafer one has unveiled its own operating system and it's chosen to name it harmony and i wanted to dischord as it were the new software is crucial for the telecom company survival that's as the trade tensions friend as access to google's android operating systems for. the white house has reportedly been laying licenses for u.s.
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companies to really start taxing also while way. we're headed next to wall street where our correspondent. is standing by louise good to see you know is this move from wall way away from google's android is that going to be enough to insulate it from the effects of the trade war. it is a step doing in the right direction when it comes to control when i look into the future but does not solve all the damage it from the young going trade war between the u.s. and china especially as a new operating system will 1st be used on this mars screen products such as televisions will initially only launch in china now also according to u.s. media their white house is also holding off on decisions about licenses for usa compensated to be able to restart business later with what way. toward a sense that it hurts in what way but also u.s. companies such as micron and broadcom are the chinese
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a company balled around $11000000000.00 worth of competence parts from u.s. friends it almost seems ferric somehow but stay right where you are luis because there's more news to discuss and that's because malaysia has filed criminal charges against 17 current and former bankers linked with goldman sachs one of the biggest banking frauds in history the bank has been under growing scrutiny for its role in the ranging a series of high worth bond issues for the malaysian development fund prosecutors allege more than $2700000000.00 were later embezzled used to buy luxury items such as the ballots and art last year a leading goldman banker on the deal pleaded guilty in u.s. court to participating in money laundering schemes. it's back to luisa haro in new york luis what sort of reputational damage are we looking at for goldman if any at all. you know all day new charges sign old davis to gay
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shooting to goldman sachs is widening so it seems that one m.t.v. case will exacerbate the potential reputational damage for the bank a step back for goldman which has been working to rebuild its image sensor 2000 a but let's not forget in the aftermath of the financial crisis the bank got to be described as a great job as we wrapped around the face of humanity for its role in a crisis that since then there was a lot of effort to clean up how main a stripper bank and also the fallout from the demolition case. could have some impact in several senior if i could pay i would like for example c.e.o. david solomon and his predecessor like but i'm fine since in february goldman board adopted a provision giving the ability to reduce some of their bait packages depending on the outcome of they want to do the best to get. a giant squid indeed i'll say luisa haro there in new york with us with some very graphic metaphors. and looking to
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markets elsewhere it's been a bad week for investors on pakistan stock exchange the stock market there has marked its 4th straight day of falls thanks to the india pakistan tensions the corruption stock exchange plummeting 2000 points to its lowest in 5 years on tuesday india passed a controversial bill stripping the state of john moon and kashmir and dividing the region into 2 territories one of which will be governed directing by delhi. the flare up in tensions has sparked a mass flight of migrant workers india has shut down mobile networks across the region and beyond public gatherings. a train platform in germany filled with laborers eager to leave a tense situation many say they were told to leave their jobs some report never receiving their salaries the challenge you know scraping together enough to get out . that we've come from the kashmir valley we don't have any money and my wallet is
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empty we don't know how we'll travel further and we have no money when you are. kashmir is a magnet for migrant laborers they travel from india's far flung provinces looking for work in masonry carpentry and agriculture instability is a given here kashmir is claimed by both india and pakistan when tensions flare migrants pack up for india itself the region is economically negligible accounting for less than a percent of g.d.p. . a bigger concern is that escalating tensions out of kashmir could ripple through the indian economy and. investors have been restrained so far as like currency dipper earlier this week might just as well be from global trade issues as the situation in kashmir for workers however the latest tensions are already hitting their pocketbooks. in the natural beauty of eastern croatia sustainable fish
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farming has become a growing industry and jobs generator but when it comes to fish consumption croatia has one of the lowest levels in europe with around 8 kilograms per person a year that represents an export opportunity to other european union nations. pulling the fish net is not an easy job each card weighs about 2 and a half kilograms that's the ideal market weight and the fishermen say they're cuts because of the highest quality they want to be certified as ecological producers. very good in the 2 years of production fed with local grown grain from this fish farm good quality. you can almost be classed as ecologically produced. much of. the local fish farms are waiting for funds from the european union so that they can make the investments needed to be fully ecologically sustainable. plan is
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to invest an additional $4000000.00 euros and we are waiting for the project to be approved in the final stage. and that has important ramifications for local employment. because there was more. culture employs the most people per unit area we have no financial support today. the fish produced is exported to the e.u. so the farmers hope to expand once croatia joins the shang an area. cambodia is rich in rubies and sapphires but the country lacks the expertise to make big bucks out of the gemstones most are exported to thailand to be cut and made into jewelry which is where the real profits are being made. a 20 karat dark blue gemstone that's what khaitan spends hours each day searching for where he to discover one he be a rich man the pile in province in western combo dia has long been known for
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precious stones but heavy exploitation means discoveries are now rare still now and then someone will get lucky and stumble upon a soft fire or a ruby. i earned $500.00 u.s. dollars some months other months though i don't find anything and so i earn on nothing it's all a matter of luck. the miners have been waiting for this man lead he's a gemstone dealer and is going to examine today's whole. shows and what he's got he's hoping for a good price to get an accurate valuation the stones would need to be tested in a lab but the dealer can make an estimate based on his experience. in this stone isn't anything special we call it tone here it's worth about $150.00
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. over the past few years cambodia has posted solid growth of more than 7 percent this is given rise to an expanding middle class with money to spend on things like gemstones this store specializes in red sufferers and blue rubies price tags here begin as a 1000 euros the store's owner grew up in the u.s. his most expensive examples are either bought by western tourists or exported to china. this loser called as an example right now people go around and call it the diamond open body also it's a very beautiful stone and for example this piece right now is way 19.89 carat which has come down to $10000.00 u.s.d. and this friday it is still going up compared to vietnam and thailand cambodia is gemstone industry is still in its infancy but in recent times dealers have been
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coming together in an effort to market the country's precious stones abroad if we have that new technology invest. yeah and ability that can sicking on this i think cambodia can recovery all that in the mind. but finding precious stones is a matter of luck and many international mining companies aren't willing to make large scale investment based on serendipity so for now the search for gemstones continues to be led by enterprising individuals hoping to strike gold. thanks for watching and have a good weekend. the 1st.
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robots are still in the development phase split screen to happen when they grow. will humans and machines be able to peacefully co-exist for the farm we on the verge of a robot collapse. if we just bubble of this totally unprepared. she seemed to think
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about what could go wrong then let's face it it's probably going to be the biggest mistake in human history. artificial intelligence is now spreading from our society they are the experts to be able to agree on ethical guidelines or will this technology create deadly new autonomous weapon systems. coerce the robot to lead so far it's august 14th on d w going to the fields all happening. to take a few pennies. sure link to news from africa and the world. your link to exceptional stories and discussions came the unwelcome student news after going program tonight from one gentleman from the news of these events and while it's a dead beat it comes not africa to join us on facebook d w africa. the
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women's world cup. america the gold cup and the africa cup of nations was a season i could see russia has done an exciting event is right around the corner the german bundesliga is heating up and as always we are there to keep you up to date with the latest on kickoff. for misleading starting over 16 feet of. hello and welcome to news from the world about some culture and music bias to this edition starting with what has to be the longest instrument in the world at a music festival in switzerland. a spectacular light installation that visualizes what the into night internet might look like. and we take
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a look at georgian composer nikolaus and his mesmerizing music making machine. if you live in a mountainous region like the alps and you need to speak to a friend living on the next peak nowadays you just pick up the phone back in the day though you had to travel right down into the valley and then up the next mountain or you could blow your horn the whole have a kind of morse code of sound sequences which conveyed your message across the valley today it's soothing tones i just used musically and we've been to the biggest festival in the world in of course switzerland. switzerland has amazing mountain panoramas. great taking. and a musical national symbol. thousands
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of fun.

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