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tv   Business  Deutsche Welle  August 31, 2019 1:30am-1:46am CEST

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your story ready ready. i'm with numbers of women especially of victims of violence. take part and send us your story you are trying in all ways to understand this new culture. another visitor another you want to become citizens. in full migrants your platform for reliable information. they keep talking and that alone has people excited although beijing is to be hit with washington's next round of terror as the chinese indicate they won't retaliate just yet also come when you get to tech titans meets ali baba's jack montel well it could get a little uncomfortable and apple under attack security experts reveal that an
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indiscriminate hacking operation has been targeting not targeting i phones or at least 2 years. into the program as fresh terrorist on chinese imports in the united states are about to kick in trade negotiating teams say they are maintaining a quote a fact of commune occasion. now what may sound pretty ordinary has many people excited because it fuels optimism next month's talks between the world's top 2 economies will actually show progress something they didn't seem to in the past. august has been a volatile month for investors markets are looking for any break they can find in the trade war between the u.s. and china so it was a good sign when the chinese hinted that beijing will not immediately respond to the latest u.s. salvo with more terrorists and that the talks are ongoing to strike
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a deal. what i can tell you is that the negotiation teams of china and the united states have maintained effective communication we hope the u.s. will show sincerity take practical actions and work together with china to find a solution. that's after more than $200.00 american footwear companies sent a letter to president trump urging him to cancel the additional terrorist they say those levees would cost u.s. consumers $4000000000.00 a year and that higher prices would be a job killer for struggling retailers many hope that president trump will postpone sunday's scheduled terrified he delayed the last barrage of china tariffs 2 weeks ago in order to avoid higher prices this christmas shopping season now for some more analysis let's cross over to wall street and our correspondent sabrina kesler sabrina looks like the week is ending on a positive note there give us your wrap. so there
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wasn't really driving the markets today stocks were a bit higher in the end but a little change to overall we are currently ahead of the labor day weekend so investors are catching a breath right now off of this pretty balmy right we saw in august we had lots of movement in the past week lots of signals of pointing to what a potential recession just remember of the inverted yield curve at the beginning of august so wall street rep's up a pretty wild month here over all of the major indexes finished this week with their worst monthly performance since may the dow is now down 1.7 percent now so even a 2.8 percent now sabrina's trade war has been quite abstract to many years consumers and that is about to change on sunday when shoes diapers t.v. sets made in china will be hit with terrorists how long is it going to take for people to notice well the effect of those tariffs
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is expected to come rather slowly than appearing overnight i mean consumers are not likely to walk into a store on sunday and suddenly see higher prices that's for sure in fact most of these goods you see in stores right now were already important so there is no need for a higher prices on tell at these goods sat out and even if they do in the upcoming weeks of retail of willing to hold costs down however price is all likely to spike within the next month that's what experts say and that's for sure so because learn new york thank you. now to a meeting of 2 true tech trailblazers alibaba founder jack ma and tell us the chief executive must both have built business empires thanks to digital technology both have made fortunes and both have apparently very different views on how artificial intelligence will change our lives a clash of titans take a look. the 2 tech billionaires focused their talk on the future they disagreed on
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nearly everything take artificial intelligence it's a big part of china's efforts to become an innovative industrial center. believes it poses no threat to humanity must things that's evolving faster than we can understand. people like us street smart we never scared of that we we think it's a great fun and we will and change ourself to embrace it i don't know man it's like famous last words. the 2 men steered clear of us china trade tensions and focused instead on topics ranging from mars to the notion of human intelligence you know things that were obviously going way more smarter than the past or you smarter so that's going to continue we're not the last step in evolution so the most important things like i said the most important mistake i see smart people making is a series that they're smart china's richest man and the tests did agree on
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demographics though they think aging trends and low birth rates will actually lead to a decline in the global population. the twitter account of company c.e.o. jack dorsey has been hacked tweets sent from his own account included racial slurs profanity and their reference to a bomb at twitter headquarters the company say they're investigating up to now it's unclear who exactly is behind the hack and another tech giant is also facing problems with intruders cyber security experts and google say they've discovered a years long hacking campaign against apple i phones giving attackers access to data and apps and coding messaging services like what's up google's project 0 reported in a blog post that apple patched the vulnerability in february before then attackers use hacked websites as so-called watering holes gathering points for the targeted i phone users would unknowingly be affected.
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steam bears these here from business stephen this sounds pretty serious is it it's very serious. this is being called the worst security failure that apple is of are faced because it is so extensive in the sense that we're talking thousands of users coming on to these infected websites every week over 2 year period the question is . who were these users who were being infected the likely the suggestion here is that something like this an exploit like this is generally so expensive so technically prohibitive that normally it would be a state actor or someone like a china russia north korea even the us is capable of something like this which would mean that most likely it was targeting a specific group dissidents journalists you don't know which means more than likely mainstream consumers like you you would probably not be wrapped up in this but you don't know because there's not enough information yet to really tell what's going on what we do know is that this is a real escalation of of these exploits and to get into i phone which is very secure system shows
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a degree of sophistication to be able to alert people or to be able to really get them at this web site that also shows a degree of sophistication and wide reach that we haven't seen at this point stephen briefly what does it mean for the company it probably won't really hit the company in terms of its financials anything like that stock is up today mainstream users are still happy with it they appreciate security and they are probably not among the groups that were targeted in this but we're going to see how this unfolds for most consumers though this is probably not the 1st thing on their minds but it we should be concerned we should be frightened frankly about how much power we have in our pockets and how it can be exploited a years long attack on apple i phones seriously from business thank you. now here in germany the economy economy minister wants to cut taxes for germany and the small and medium sized businesses it could help them address a real problem shortage of workers but tickling me in rural areas where young people prefer moving to cities. it only takes a few seconds to cut
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a year ago this water jet cutter was included in the deal when haagen mauer moved his company to this new location. i think it was you know that it gets my heart going i'm happy that it's working out so well you know everybody's enthusiastic about their industry representatives thanks his company's products into trestles for cable lines the buyers are industrial companies since the move to the industrial park the number of orders in employees has grown rapidly and now are now employs 50 people when you could use even more but it's hard to find staff share a few young people who are available. we have to explain it to their parents who always think it's a trait that all workers have to work hard and it's always dirty but they have to operate the machinery here nobody gets programming it's programmed in the office in front so it's not always hard physical work of course in some areas we do have manual labor. but we also need highly qualified employees
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a label but overall i probably consists of. the company is located in the town of stendhal in the middle of an agricultural region in northern germany since 1990 the town has lost around 15000 jobs and about the same number of people have moved away those that are left often have long commutes to distant jobs in places like hamburg or berlin so the outlook is bleak the mayor wants to change that. doesn't. imagine that the government can support these structurally weaker regions by establishing special economic zones and i only wish that. they could give merchants craftsman and small and medium sized enterprises tax breaks or other benefits can still go in. in the meantime data for the next order have been entered into the machine. our the son of the owner has been working for
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a while at the company he's monitoring the cutting he knows that more procedures have to be digitalized but their internet connection is not fast enough. i. want to close the deal with otherwise we're in good shape. hog and now or has a passion for metalworking and he's optimistic he shrugs off the bureaucracy and the slow data connections and plans to keep expanding anyway. i'd. and the entire team thanks for watching on how to.
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take food personally with the few people in stories that made me so special.
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because my claim to. the jungle. lists doris green the moment arrives. joined on her journey back to. our into. documentary. toronto ran a 10 returns home on t w dot com among its hangs. s.o.s. europe the european idea is in crisis. if it's to have a future it will need champions young champions. playing for activists who are in countries. they are fighting for the dream
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of a united church. do they stand a chance. can they saved in european idea. my god i'm here to stand up for european values and contribute to something important coming up see a. future of europe start september 2nd on d w. hello and welcome to news from the world of arts and culture and we'll have all the latest from the venice film festival with my colleague scott rocks who is there also coming up ancient sites destroyed in syria's civil war resurrected in virtual reality at a fascinating new exhibition. and adventurous
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photojournalist whose latest project could be taking photography to new extremes. but we begin at the venice film festival which in recent years has become more and more important as hollywood likes to premiere films there to give them time to build up steam for the oscars in 6 months time i'll be talking to our man in venice scott rocks in a minute but 1st let's take a look at 2 highly anticipated movies marriage stories starring scarlett johansson and 1st ad astra starring this man brad pitt. its objective was to search for advanced extraterrestrial life the ship disappeared approximately 16 years into the mission and the commander was it was my father's. wish those were the shark.

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