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tv   Business  Deutsche Welle  August 21, 2019 11:15pm-11:31pm CEST

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you're welcome and a reminder now of our top story on d w british prime minister boris johnson cousin says that once more that the e.u. scrapped its plan to avoid a hard border in ireland after a break that he was here in berlin for talks with german chancellor on the markle she expressed optimism that the u.k. and the e.u. can still avoid the no deal. coming up next new business which stay tuned for that. to. my 1st boss like mosul sewing machine. i phone for all women their phones by this notion for. something as simple as learning how to write them by side poses and. since i was a little good i wanted to have both buys a lot of my home and it took me years to them but there's. finally they gave up and
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went on buying me on my side and returns because sewing machine sewing i suppose was more appropriate for goes than writing i'm biased. i want to reach out to boys woman back home who are bones by their duties and social goals and inform them of oded basic rights my name is the about of people homes and a war that's easy to. use. facebook said to get more face time with regulators. officials are reportedly probing its cryptocurrency leave brought. high fliers gather on the 1st national aviation conference in leipsic to discuss what the industry can do to help fight global warming. and inflation's by any other name would still smell like reduced.
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purchasing power i don't tell iran. this is the way of business i'm joined on in berlin welcome facebook's new crypto currency libra is under scrutiny from e.u. antitrust regulators according to the financial times the newspaper says the european commission has sought specific information from those of working on the digital currency by a questionnaires on tuesday bloomberg reported that the commission had specific concerns over quote potential anti-competitive behavior related to the libor association so far facebook and the commission have both declined to comment. our financial correspondent yan's quarter joins us now from new york what sort of answers is facebook actually supposed to provide here well i mean one of the main questions really is in this case at least the possibility of competitive
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behavior and if you look at facebook they have more users than the combined population of china and the u.s. so there is this claim there and then also facebook will probably face of questions if there are any plans to somehow connect libra to some of facebook's services like what they're for example or also the messenger services but this is really only one of many regulatory issues that facebook is facing with libra and with its other services in general as well now staying on tech giants french president and model and urged the u.s. to get big tech to pay more taxes now is washington washington under any real pressure to do so. well i mean if you look at the united states there is old sold the trend and there are some movements here especially when it comes to
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trust behavior the market power that some of the big companies and their companies have but i do not see any pressure on the u.s. side to really go on board with the french or government at this point why should washington have any interest to help europe to collect taxes from the u.s. corporations and started there on wall street for us thank you very much. flying is a dirty business literally the environmental impact of flights is huge german chancellor angela merkel told an inaugural national aviation conference in the city of life say that germany should be a world leader in climate friendly aviation. the heavy hitters from the german government arrive by helicopter that had more to do with speed than the environment but the environment was the order of the day and leipsic angela merkel made it clear that climate friendly aviation can be a competitive advantage then via noise if we invest in new technologies in focus
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on modern aircraft with low noise levels and low emission engines the aviation industry can accept it and demand in competitiveness can be security. one policy the german government wants to promote is the use of hydrogen powered aircraft the opposition green party is calling for higher taxes on jet fuel but the industry sees threats to its competitiveness. there's a view it's important that the german aviation industry can compete and therefore we say we need internationally agreed aviation policy national unilateralist. the german transport minister opposes any new taxes but he is considering raising the existing every asian tax. i agree with the aviation industry that we can talk about adjusting the levy which means we could use the extra revenue to invest in new technologies. the government wants conferences like this one to take class
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regularly in the future the next one is set for 2021. ferguson was the aviation conference earlier we asked her what else the industry could do to make flying less environmentally damaging. demand for air travel is rising all the time it's expected to double in the next 2 decades to 8000000000 passengers on your way and that means of course that you need a solution that doesn't involve people flying less because demand is growing all the time and there are some options for making this this industry less environmentally damaging one of them of course is to boost fuel efficiency by building lighter waste machinery another is to invest in alternative bio fuels and of course longer term as well and electric mobility is an option the car industry has already embraced and there is no reason that the aviation industry won't follow suit especially according to the people talking here today another option of course is about cargo so while people might not be stopping to i'm getting on planes there
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are other options for transporting goods and already seeing a lot of investment in drone technology with major companies like amazon already investing the technology i think we're likely to see a lot more drones flying around in the future. on august 21968 russian tanks invaded the former czechoslovakia and to crush the emerging resistance against the socialist rulers on wednesday thousands commemorated the anniversary but at the same time participants demonstrated against the current prime minister andre bobbish protesters say he's abused his power and that he's trying to prevent investigators from probing business conglomerate for misuse of subsidies. one of agra for its cornerstone industries is agriculture the conglomerate was founded by current czech prime minister andre babbage now an e.u. report says the company might have to repay around 17400000 euros in subsidies it
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received from the block the investigations are still ongoing bobbish has been accused by critics of exerting influence to get the funds allocated referred is also active in the chemicals and baked goods sectors. organizes demonstrations against bobbish he says the prime minister has clear conflicts of interest he says that he is not the owner of company but european audit shows i don't he still is the beneficient of this company and he still has influence on the company and that's really the problem he got the money from european union and also from czech state and i think that's not acceptable in the demonstrations mean organizers are growing larger and larger the protesters accuse the prime minister of using his political office for personal profit many fear he's obstructing courts in an effort to prevent further investigations that i think the demonstrations are good i'm in
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favor of civil society getting active and taking action if there are grievances. everyone's talking about a conflict of interest i'd like them to show me where it is. despite the numerous accusations bubblicious party won 21.4 percent of the vote in the last european elections i preferred has annual sales of around 6000000000 euros journalist david trauma has investigated the conglomerate and says andrew ford is increasingly financing operations with very short term loans from china because european banks are pulling out so the situation of that is a good thing for us. not profit went down from 300 a 1000000 new boss 4 years ago to 65000000 euros last year. debt is growing very quickly mainly bankrolls. very special from european commission and opposition to non-government organization related to
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conflict of interest of mr bobbitt at the moment no money at all is flowing from brussels to agra for a time prague it's still quiet on the streets here but soon thousands of people will gather again to demonstrate against the prime minister the motivation might be purely psychological but iran's president hassan rouhani wants to delete 4 zeros from the national currency the reaal and rename it that's all it's part of a plan to curb the rapidly rising cost of living but experts are skeptical. tomatoes lettuce peppers many iranians can hardly afford even basic vegetables the country spiraling inflation means prices are rising faster than incomes the inflation rate is now nearly 40 percent the many zeroes on the banknotes are deceptive the national currency the reality is hardly worth anything one u.s. dollar is worth around $116500.00 reales 4 years ago when the now terminated
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nuclear treaty with the west was signed the dollar was worth 32000 reales most iranians view the president's plan to eliminate 4 zeros from the currency to lower the cost of living as a deceptive move. place and nothing will change by knocking off zeros from the currency nothing will change by reviving coins in transactions dollars these fortunately i'm sure nothing will change by lowering the price of dollars. we saw that even with the dollar price decreased prices did not decline. this move can psychologically affect the lower class people because they might feel that the value of their money has shrunk yes that is a good place that's the psychological impact in my opinion but it won't adversely affect the economy in fact the current situation will remain unchanged you know.
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that it's that it is bad to. fit in with the currency won't solve iran's economic woes since the us impose new sanctions on iran the country's economy has been in the doldrums and iran's bloated bureaucracy is not helping private companies to create jobs but jobs are urgently needed unemployment is hovering at around 12 percent and almost a quarter of young people are out of work the u.s. sanctions have discouraged almost all foreign investment further were. person in the situation especially for ordinary iranians. thank you for watching.
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them coulson here's a human history will soon disappear under water. sanitation in southeastern turkey most huge reservoir behind the move hydroelectric. mall happen to the local residents could be coming from regions unique cultural heritage. scientists working
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from the slums. 60. closely. carefully the. soon. to be a good. match to. discover. the for. i. subscribe to the documentary too. early the interest guard germany's capital i love berlin the full scope of the multicultural metropolis you know work your attack series the downtown but like
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turns into me i love peter in motion once again certainly looks like the talks what it's like me inside says it took 15 nations for the 50 story. to be very personal tips on berman's very best in terms of. looking down the length of really g.w. . plays. this is due to many years africa coming up in the next 15 minutes paul what is now being shared between the military and civilians in sudan today the top general was sworn in as head of state 10 of those top of them civilians were also sworn in as members of the sovereign council that will oversee a new government until the elections. and what makes for cameroon separatist amazonia movement ofter it's needed is sentenced to life in prison.
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then be initiation off a new general.

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