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tv   Business  Deutsche Welle  August 15, 2019 7:15pm-7:30pm CEST

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perfect on day one it'd be a boring season goes on. and all the light sic are a match up with bags of potential sunday's game against promoted side on your belly will provide the 1st test of this new era. up next it is business africa with their hard l. 1st i'm sorry kelly in berlin thanks for watching the protests. s.o.s. europe the europe is in crisis. if it's to have a future it will meet champions young champions. for activists who are country. trying to. do they stand
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a chance. and they saved the european idea. mike i need to stand up for european values and contribute to something important coming up see a. future of europe start september 2nd on d w. being g.o.p. and government. living abroad to be able to invest in the country. is now relaxing finance rules making it possible for them to do just. means. and be paid to tourists stayed away from the country following deadly attacks but that's changing and the tourism industry is recovering. this is business africa.
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as well come these european government is embarking on a series of reforms aimed at opening up the economy along with a commitment to private several state enterprises column and has agreed to. living abroad to invest and set up lending businesses in the country. that has not been possible because the government fit the influx of foreign money traditional small scale lending practices and economists see the opening up of the financial industry to the country. as a trial run. 5000000 ethiopians leave the country prime minister. who has been in charge for a year. before. let's bring in. ethiopia journalist based in frankfurt germany and joins us now from there what why is the government doing this right now. thanks for having me yes as you earlier
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mentioned it's part of the economy pre-formed that the government. has been doing and it's part of. one of the reasons. not only living abroad but here parents who hold foreign passports were not out to get involved in . the financial sector and what i was about. to do. a lot of financial sector was entirely closed off for 40 nationals so that. by default put ethiopians that are holding foreign passports under foreign nationals so they were not able to but this was they they used to before but i think 3 years ago there was a new regulation that stripped them off their ownership of any shares in the local banking and so that was completely closed door for them so they are now up and out to be under the new regulation they're now going to buy shares in banking and also
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get involved in the financial sectors in general some experts including the chief of these european central banks say that the opening of the economy also needs to be taken step by step what does ethiopia need to be very careful about where you know i mean this is a highly regulated financial sector what we have in ethiopia and opening up the door why do all things would automatically make the locally financial sector completely vulnerable because they it's a question of whether or not they could put up was a competition that could potentially be you know put them up and decide when to so there's a lot of precautionary not states if the government is receiving or how to state by state implementing the reform of the state if you know white right open that the secretary make them more vulnerable because it can't quote beat sort of from the front of thank you very much. thanks. we're going to
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south africa which has lifted visa requirements for 4 countries it's part of an effort to boost the country's beleaguered economy create much needed jobs visitors from new zealand qatar saudi arabia and the united arab emirates will no longer need a visitor's permit for tourism conferencing or business trips visits or numbers have been falling in south africa recently the economy is flagging unemployment the direct hold high of 29 percent. this year. we stay in the sector in its initial 2 deadly attacks 4 years ago left dozens dead and tell dealt a blow to the country's tourism industry foreign to operators took that country took the country off their lists leaving many to nations in the hospitality sector without jobs a visitor numbers rebounded robustly and the industry is slowly recovering.
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a pack to be chin seuss' abdul hamid karzai says that's exactly how it looked here that notorious summer 4 years ago he does friend mohammed to working as hotel security guards when suddenly a young man armed with a kalashnikov rifle began a killing spree that ended 38 lives. this is the 3rd year he was a true terrorist many of the tourists died right here on the beach it was a black day for his or. after that tourism here collapsed it's taken a long time to recover police patrol regularly to try and impart a sense of security here and it's working this year the tourists returned to near 0 as especially attractive to package holiday makers and it could turn out to be a record year. in 2015 the year of the attack just 5000000 tourists came to visit
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tunisia this year 9000000 are expected to arrive. you can see there are even more security officers and i say that there are no more problems here with security or that. life became very hard for the people of susumu recent years like many others security guard abdel-hamid lost his job now the city's cafes are counting on the upswing and up till hamid has already found some casual work in an internet cafe he thinks he's heading for better times just. hope i can get a job working in hotel security again everyone is doing well now the tourists are all returning to do these more news in. the sector is extremely important for all of tunisia the economy continues to be a real problem for the north african country. part of a population of 11000000 people 500000 now employed directly in torres i'm
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a further 2000000 are involved in directly in the sector. everything points towards recovery but the sense of safety is fragile not long ago 2 suicide bombers blew themselves up in the capital tunis. just look around you the beach is full of people chin is here is safe again. and sheen is ians hope desperately it will remain that way their livelihoods depend on it. knowing is postponing the delivery date for the ultra long haul version of its 777 x. model the airliner series has reportedly faced engine problems during development the delay could threaten boeing's deal with australian carrier quantas which wants the plane by 2023 that's when it hopes to launch the world's longest nonstop commercial flights 21 hour trip between sydney and london boeing is still reeling
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from its ground in the running of its 7 $37.00 max and profit following 2 crashes the u.s. plane maker reported a loss of $2900000000.00 in the last. gibraltar month allowed a detained our rainy and super tanker to leave the british overseas territory despite a last minute u.s. attempt to seize the vessel the move to fused tensions between london and tehran as a british flag tanker remains held by the islamic republic a tussle as part of increasing friction with the west over economic sanctions the ones bearing the brunt of iran's international isolation iranian business owners and of course consumers. from the ring in port city of the whole line of tankers can be seen transiting the strait of hormuz they come from the entire region kuwait bahrain and the united arab emirates supplying the whole world with oil container ships are also in transit many dock in iran bringing important goods to the
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sanctions stricken country ship owner and trader abdullah stuff has just arrived here from dubai with a consignment of refrigerators. it's becoming increasingly hard for him to trade with other countries. or used to wait for one or 2 hours for permission to dock in dubai now i can wait one to 2 weeks out at sea wondering if they let me in or not because of the u.s. sanctions i've got chinese traders you know insist on cash payment from iranians like myself we can't make bank transfers because of the sanctions. every day life is becoming really difficult in iran foreign products are now scarce even medical technology and pharmaceuticals which plants targeted by the sanctions i'm jealous of ari knows how bad it is and what he needs. after almost passive
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girl really like to do business with traders from further afield than dubai and china would also be great to buy goods directly from europe but for that bank transfers would have to be reinstated. when visas should be given more freely to business people. is it ok to sack that. but he says more and more traders from other countries are turning away for now his business remains restricted to dubai and china. well one of the trade to. world war it is the one between japan and south korea seoul wants japanese companies to pay compensation to koreans forced into labor in world war $2.00 now on the anniversary of japan surrendered to the allies south korean president in has offered an olive branch to tokyo calling for a wide ranging dialogue. demonstrators take to the rainy streets of seoul demanding compensation for labor is forced to work for japanese companies
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during the 2nd world war the issue has dampened relations between japan and south korea and lead to significant trade tensions the decades old debate has reignited last year when south korea's supreme court ordered japanese firms to compensate the workers and seize japanese assets tokyo responded by imposing curbs on tech exports lift it up and it is the victims of wartime forced labor have been fighting for compensation for the past 25 years we prepared state protest to fight alongside them until they get an apology and compensation from japan. to be. very tentative signs that tensions might be easing on the anniversary of japan's 2nd world war surrender south korean president moon j in code for a wide ranging dialogue surely don't go we hope japan will help us facilitate peace and prosperity in east asia while it contemplates a past that brought misfortune to its neighbors if japan chooses the path of
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dialogue and cooperation who would gladly join hands. your hand on. japan is also marking what for it was the end of the 2nd world war the commemorations have seen politicians visit the yes a cooney shrine which also houses the remains of war criminals visits to the sites always touch a nerve among japan's asian neighbors especially china and south korea the visits may add to pressure on seoul to hold its line in the trade war. that's it for me and the business team here. state yours.
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on the. the 1st indian school in the jungle. the 1st column of them and then doris graham the moment arrived join the arena 10 on her journey to freedom in our interactive judgment call romney on the run in time returns home. quietly ellaby resumes michael white on the move. and did
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zimri beams reasoning to women it's on. the mind and the music. rate over the 1st 12019 from september 6th to september 29th. the above. is a state of anya's africa coming up in the next 15 minutes the shops closed for business in south africa have been on a rampage in the johannesburg township of soweto new stinky office owned by foreign nationals the government says it's hansei and has urged communities to refrain from the criminal activity. and the most was honorable of the victims of monday's conflict will hear from the children pointed.

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