tv Business Deutsche Welle September 6, 2019 8:15pm-8:31pm CEST
8:15 pm
adopted and a skipper and paying have spent weeks taking turns to brood the egg which had been abandoned by a female penguin but now the zoo has announced that despite the couple's best efforts the egg has failed to her there's do says it's optimistic this skipper in pain will get another shot at parenthood in the future. well up next is business africa with chris took a man and a home for you see you soon. and on demand. language courses. video and audio. anytime anywhere. w. radio set or.
8:16 pm
go to the girl max you tube channel. goodbye no story. with exclusive. must see concerning hard times closer to your. place to be for curious minds. do it yourself networkers. subscribe and don't miss out on. a freedom fighter turned autocrat as zimbabwe's longtime leader robert mugabe dies when you look at how he turned a country one stop africa's breadbasket into a place with the worst inflation the world has ever seen also coming toward more hair from the soon to our much sought after commodity and the country shepherds are taking a stand on who to sell to and it's tax time here in berlin as the consumer
8:17 pm
electronics show opens it still. compass coble welcome to the program for many a hero of national independence but robert mugabe was also the dust but behind zimbabwe's economic collapse just how devastating. as mugabe's 37 here rule for the country's economy now let's take a look at the numbers here to bako is zimbabwe is most important cash crop its production collapsed in the early 2000 following mugabe as land reforms which redistributed large wide ron farms to an often inexperience black ownership as the economy spotter inflation sword the government worsened it by printing cash like this a 100 trillion dollar bill hyperinflation reached almost 500000000000 percent in the fall of 2008 according to the international monetary fund some bob was population suffer with undernourishment rising across the country even as
8:18 pm
a fell across sub-saharan africa zimbabwe of was the 22nd poorest nation in the world when mugabe left power and 2070 the country as since struggled to move ahead with shortages inflation and hunger again on the rose now the correspondent you just came on he is in cape town at the world economic forum on africa a short while ago i asked her how leaders there reacted to the news of the passing of one of the continent's most polarizing figures. standing at the world economic forum today it would be difficult to actually know that mugabe died this morning there's been no mention of it at least in public fora and understandably as you've mentioned this was a leader who was very divisive and towards the end of his tenure drew a lot of criticism from the kind of leaders who we're seeing here but on the sidelines speaking to people they say that yes he was instrumental in shaping the narrative of pan african is him on the continent and that's what they would like to
8:19 pm
remember him for but as i mentioned in the public forums it didn't come up at all by u.s. politicians business leaders and activists have been debating inclusive growth for the last couple of days as the meeting is coming to an end what do you think has been achieved. there are actually some very specific things that have been launched and achieved and the president of the world economic forum was careful to list all of them down at his closing remarks one of the big thing of course is the urgency that african leaders here seem to have on the porches of working together cross border multilateral. policymaking this is what a lot of people are talking about but some of those examples i mentioned imagine see response services this is an action plan that's been launched to help women here in south africa who are suffering from family side and the world economic forum together with the south african government is part of that and there's also an innovation challenge is actually a competition to see how drone technology can be used across africa by young people
8:20 pm
and how does all of this play out against the backdrop of attacks on foreigners during the meeting of violence and of people voicing their anger of the feeling that they are simply not welcome. the leaders here for some reason was scared. being around that issue until this afternoon when the session was formally closing the finance minister here from south africa saying that these are just issues that south africans are dealing with but they've been president who also spoke said that this is not the kind of africa that we want and indeed if they're talking about inclusive growth on the continent trading together and movement of persons from one country to another freely then this is something that the continent must be looking into and that's something that i'm happy to say it was addressed finally doing the closing session in a commanding reporting from cape town it is thank you. germany's chancellor is on a 3 day visit to china to kick it off i'm going to push for
8:21 pm
a european investment deal with beijing but not only that meeting with the chinese premier league she said that the trade war between china and the united states was affecting the entire world and that she hopes that both sides will resolve it soon mr lee it didn't seem too focused on his country's problems with the u.s. but rather with germany telling merkel he hopes germany will accept more chinese companies and loosen exports roles for certain goods he went on to once more state that china promises to open up its economy economy even more. the german business view with regards to china could be summed up as one of huge opportunities coupled with huge challenges one of the main worries is china's new social credit system as well as its own citizens but chinese government also evaluates companies using a point system and penalizes things it doesn't like german companies fear it's becoming a method of blanket surveillance and they say the system is neither clearly nor
8:22 pm
transparent deregulated. the internet is also a bone of contention foreign companies in china still have complete access to the world wide web but beijing plans to introduce laws to curtail or potentially shutting down google or twitter in china. and the old problems with fair play and market access is still prevalent despite repeated promises of improvement german companies say they are still discriminated against in china the chances for major concessions in these areas have never been as good a trade war with the u.s. has china under pressure economic growth there was a direct cold low in the 2nd quarter so there's a serious need for foreign investment. and not to some of the other business stories making news chinese in and of commerce ali baba is to buy luxury goods platform cola for $2000000000.00 the purchase part of ali baba's attempts to secure a niche segments of the online retail market china central bank has loosened its
8:23 pm
reserve requirements for commercial lenders freeing up $126000000000.00 for lending beijing's latest efforts to stimulate the country's slowing economy and american retailers continue to grapple with an epidemic of gun violence days after wal-mart banned customers from carrying weapons onto its stores into its stores others are following suit among them a pharmacy giant's c.v.s. and walgreens. it is a rare commodity that the shepherds of the mountain kingdom of this suit to provide to the world market their animals of wool and mohair keeps necks and hands warm and cold winters western luxury brands are eager to get their hands on the stuff but lately business has been bad as a new law and forces the shepherds to sell to one broker exclusively one from china but many are saying we won't have it.
8:24 pm
is better known for its tall mountains and a vast number of sheep but now there is a small revolution taking place in the tranquil mountain kingdom a year ago a chinese entrepreneur was granted the valuable monopoly for trading wall and since then farmers say that they are not being paid among them is quote saying. he has become the leader of the protests. big to. greet them corruption. us is political because a politician order is things. that are for the people the chinese broker stone she lives in the most expensive hotel in the capital monster and never goes out without his bodyguards we confront him with the sheep farmers accusations. we think so these problems and there we have finished the payments to the fatherless and now the fall of us is
8:25 pm
a high pay with us what is strange is that this warehouse is nearly empty we are told that many farmers refuse to deliver their wool here the chinese company seems to have excellent contacts within prime minister thomas to barneys alba su to convention party it is guarded not only by private security forces but also listen to policemen and beijing apparently also plays a role the chinese embassy has tried to make its influence felt but the trade minister strongly denies any corruption. yeah yeah he said what they're doing is right you have to protect investors this gentleman is doing she didn't know it so the government over this or do we go through that many of. went to china to ask it is gentlemen become invested yet. but it's not just the shepherds who are suffering mohalla feet moti army is a wall dealer but for the past year he's been unable to sell his stocks because of
8:26 pm
the monopoly. i have had to lay them off that makes me angry when they get into countries which is very unfair they change the legislation to be able to build an 8 that i do not accept that at the beginning of july thousands of shepherds marched to the parliament in the capitol it was one of the biggest protests in the history of lawsuit 2 they staged their protest in front of a parliament building funded with loans from china and built by chinese companies just like the new exhibition center and the residence of the prime minister. in the evening we sit down with quote sang the shepherds and the organizer of the demo suddenly it is announced on the evening news because of the protests licenses have been granted to other brokers but kut sang still does not believe in a breakthrough. for the 2 for these. these as they call. it could take months before new traders can sell wall until
8:27 pm
then it remains the chinese monopoly the shepherds will still be rebels defending their own cause. in a highly competitive global market that's long saturated innovation is the key now samsung has promised to usher in a new age of foldable in the smartphone sector the 1st of a skype available in south korean stores from tomorrow and present it at the consumer electronics show here. one touch on this smartphone turns into a tablet the samsung galaxy fold is one of the novelties at europe's biggest consumer electronics show after lengthy delays due to cracking screens the model goes on sale this month the price a hefty 2000 euro's. when you wipe me out and you can see me like content is just incredible so. divisional queues coming from social media videos even the audiophile it's just incredible so i think as we break the foundries of new
8:28 pm
technologies new full back to this will point and she was using it in different ways. here at i.f.a. you can try out all the new high tech stuff nearly 2000 exhibitors are showing off their products including t.v.'s that are bigger sharper on hooked up to the internet of things another trend smart home appliances from a customized refrigerator to a wardrobe that also cleans your clothes welcome to the future. competition among the manufacturers is intense but trade conflicts and fears of economic slowdown mean selling the future is not all a breeze. that's a shell's extra watching and herself.
8:29 pm
8:30 pm
60 minutes long. story some people world over information. want to express g.w. on facebook and twitter today and in touch follow us. business news africa coming up on the program the end of an era roberts will gobby house died aged $95.00. the former president of zimbabwe we feed on fighting for office you've who told dictator we'll look at his somewhat complex legacy also coming out . was mozambique leaves goodbye to pope francis he holds the mast with message warning of the dangers of corruption we'll
34 Views
Uploaded by TV Archive on