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tv   Business  Deutsche Welle  September 5, 2019 11:15pm-11:31pm CEST

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point of view i think the most important is that we work together not against each other monsters creaks traits will suit the ferrari's of fatso in the craft capturing or win on home soil which sadly be a dream birthday present for these fans. you're watching b.w. news business news is up next with jamil stick around for that she would like your company. i'm skill that of a war that's hard and in the end this i mean you're not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers what alliances. what's your story ready.
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i mean what numbers of women especially are victims of violence. take part and send us your story we are trying in all with to understand this new culture. another villa turn other guests you want to become citizens. in for migrants your platform for reliable information. a cloud that lives over u.s. stocks as a jobs report blasts past forecasts and amid hopes of a little less trade war. to the kingdom in the sky we take you to live through to a burgeoning medical marijuana but the steep costs of doing business are leaving the farmers high and dry. and it's tax time right here in the german
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capital as the effect consumer electronics show opens its doors. this is the business i'm joined on in berlin welcome investors are taking good news and running away with it stocks worldwide hit one month highs u.s. equities junk on hopes pinned on upcoming high level u.s. china trade talks and on strong economic data along them a robust jobs report 195000 private sector jobs were added in august a whopping 50000 more than expected and other private survey showed growth in the u.s. services sector picked up in the same month back from its weakest level in nearly 3 years investors also left the safe havens for stocks emboldened by the news that washington and beijing are returning to the negotiating table next month in an effort to resolve the trade war. joins us from wall street
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1st the data those numbers seem to have been enough to make investors forget the r word recession that is but are they really are. well nobody really expects that their recession in the united states is imminent the big question is if we might face in the recession it was in the next 12 months and that is still possible but especially when you look at the data that we get from the labor market is really strong we saw that with the private sector jobs here on thursday and let's wait and see what the big job numbers are bringing those will be published on friday's one hour before the market opens here on wall street from the manufacturing area we've got in general more weaker science but well the u.s. economy is an economy that is living from consumption from the consumers and as
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long as the labor market remains hot that is some comforting sign at least for now that the r word can be avoided at least for the next couple of months that's but why are investors celebrating the u.s. china trade negotiations tax month when if you really seem to expect any breakthroughs. that is really a good question and it's been quite a really that we've seen in the past couple of days just on wednesday and thursday combine to blue chips made up a good 600 points and we're within reaching distance of new record highs the s. and p. $500.00 is only shy about 3 percent of the new record we did get some comments from the chinese government run media and they sounded quite upbeat that there will be some positive developments when trade talks continue next month but most experts
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are very skeptical if we're going to see any deal any time soon between the united states and china a wait and see game as usual thank you very much chance carter there on wall street for us. when the united states reintroduced sanctions on iran tehran threatened to crank up in richmond of uranium again that's exactly what they're set to do this friday claiming it's for peaceful purposes however meanwhile new sanctions target oil smuggling hitting an economy that's already hurting. there's always a feeling about is a patient want to ship docks in iran's harbor it's the same in bandar abbas and other reining in ports in the persian gulf the ships unload food and household items particularly washing machines televisions and other electrical appliances. traders like abdullah safari have been among the 1st to feel the pain of fresh u.s. sanctions it's even become difficult to get goods through the united arab emirates
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which in previous rounds of sanctions was the gateway to the world for rainy and trade. so it's become a lot harder than before it was always difficult but now much more so the ships used to take 2 hours to reach the port in dubai but now it is they take from 2 days to a whole week to get to the ports you have to wait for the inspection to be completed the officials from dubai have become much stricter. faded with. fewer goods being allowed into the country is a massive problem for rainy and tighter supplies lead to higher prices inflation is running high. iranians have to take any job they can just to get by. you know what i'm a university graduate. and. without sanctions the job market would be so much
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better with claudia. so the economic conditions have worsened but we still get by we still continue to work and to do our jobs. many things have become more expensive but we somehow get through and we're not completely unhappy says. a dollar safari has a few hours off before he heads back to dubai with his boat during the past few years when sanctions eased the 43 year old father made initial contact with europe at the moment they are not of much help. to go to europe and do business there immigration from oddities need to get easier any visa applications take a long time and are very difficult. the next problem is foreign currency exchange i'm sure some people in iran manage to do this but it's problematic for the small
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traders. many iranians feel let down by europe would like a dollar safari most do not want to give up hope that the situation will improve once more. authorities in tanzania had seized nearly $2000000.00 worth of ivory illegal stuff pile was found buried underneath the house of a poacher is said to cause to come from over $100.00 different elephants the poacher and 7 accomplices have since been arrested tanzania has been stepping up the fight against the illegal ivory trade. 2 years ago a tiny land locked as you tube became the 1st country in africa to legalize the farming of medical marijuana one of the world's forest nations who hope to benefit from over from one of the world's fastest growing industries so far so good but the iraq recy is keeping small farmers out of that market. listened to is known as the
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kingdom in the sky but the massive cannabis growing facilities here aren't about getting high the plant is stripped of its most psychoactive component t.h.c. it's the can of a dial or c.b.d. that's most medically desired and quite so the global market for medical marijuana is estimated at $150000000000.00 and projected to almost double by 2028 the suits who base medic ro hopes to right that boom it's invested almost $20000000.00 on production around the capital of missouri room. i think in a suit is great and it seems that it's very untouched so that you preview i mean the mountain view is amazing we have 3 meals and water year in abundance which is pretty and so the conditions all or most favorable for the green and the people. who can use that industry it ranks 159 out of 189 countries on the u.n. development guy unemployment is high and almost
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a quarter of the population infected with hiv. but access to the legal world of cannabis is limited a license cost $33000.00 an impossible song for small farmers and so many continue to grow illegally. and most of the people have been living from iran but illegally so. we were hoping that this would be able to divide them into. the now and try to improve their lives so if they don't get that which because of finance i think is not. fair for people for now small farmers will have to remain just on the other side of this growing industry. the tech world is turning its eyes to the german capital berlin if a consumer electronics show opens here on friday companies are keen to present their latest advices and technology presenting consumers with the familiar
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conundrum of just how much money to spend on novelty here are some highlights. it's that time of the year again and the slate of devices are being launched in berlin. new nokia 70 elevating every spirit. that's just one of the many highlights. the world's biggest smartphone maker samsung has unveiled its highly anticipated galaxy fold after months of delay and while the device may be sleek and shiny there are still some questions. i think the big screen is an exciting development i want office is a whole new device diversity in design and not something that we really need in the small fine space but at a $2000.00 premium price point how many people are really prepared to go out and
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buy one but taking early with the quality problems we say is going to be a big question and the competition is huge sony just launched the experience 5. meanwhile nokia is hoping for a comeback with this flip phone made for those who like tech with a retro feel. so whether it's something old only new or a blend of the 2 it appears that tech consumers will be spoiled for choice. that's it for me and the business team here and berlin for more business news and features you can always go to d.w. dot com slash business or follow us on social media. and in berlin thank you so much for watching.
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entered the conflict zone confronting the powerful my guest this week outside the capital of time paying his chose she way seeking the nomination fees fro beijing fozzy the common tasks as china pushes with increasing the for me unification of a time when east continue to reject sits on
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a high seas party too often conflict so far in 60 minutes. with each passing day of the continuing conflict in syria more and more children fear their future may be fading away. with every classroom damaged or destroyed with every child witnessing the horror of war every family fleeing the violence we can't risk losing an entire generation of children to death fear and despair. because they are the future of syria. natural riches of precious resources and. tender rewarding investment. farmland has been called easy appears in gringotts the country has an abundant supply of places it to international giants. the
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government sector higher export revenues and the corporations high profit margins. but not everyone benefits from the booming business. tax cuts ration. vironment to destruction starvation. or selling out of a country that did donkey fear. starts to turn 19th on d. w. . this is the news africa coming up on the program the pope is in town 1000 so much of a lengthy polls all come to francis of us on beach us he begins his 3 nation tour of africa so how significant is a false visit local to ours which is just a fast course but it's also coming up. sieved by the t.v. in your.

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