tv Business Deutsche Welle September 6, 2019 11:15pm-11:30pm CEST
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d.w. business with john to the long it's next to nothing to open latest news and information around the clock on our website that's the doctor talk of the day. i subscribe to do you know where your books are something more in the world we make . after 5. books are known to letter we were wrong when we were now 80 percent of americans at some point in our lives will experience hardship listening. it's all happening with. your link to news from africa the
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world your link to exceptional stories and discussions can you and will come to the debut suffocating program tonight from front to meet from the news of easy to our website be deputed much africa joined us on facebook w. . facebook facing trouble again this time in the form of an trust investigation 8 states want to know whether facebook has been bad for consumers. at the info consumer electronics show in berlin foldable phone makers say they're all about the big picture. and a hairy problem at the heart as a whole industry will tell you why the country shepherds are taking a stand. this is the w.
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business i'm on in berlin welcome it may have just settled one privacy investigation with a 5000000000 dollar fine but facebook's troubles and the united states are far from over an alliance of 8 states plus the district of columbia announce an anti-trust probe into the social media company the new york state attorney general a t. shirt james said in a tweet that the aim was to find out whether facebook quote endangered consumer data reduce the quality of consumers choices or increase the price of advertising this follows an announcement from the justice department that it would also be conducting a competition review of online platforms. joins us now from wall street dns if this probe finds that facebook did indeed behave and can had it if the what could happen to facebook then could it be broken up well this is really tough to say at this point we haven't seen
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a case like this in those proportions since a similar case against the microsoft about 2 decades ago and back then it took years before we had an outcome overall there is this discussion quite often and openly if facebook became too powerful especially it was the christian of instagram and what's up but of microsoft for example big then they have to change some of their business practices so i'm not quite certain if the company really will be broken up at this point and as i said to my take years before we really know what's going on in any case we've been to some brave new world of regulation now what will this level of regulatory scrutiny mean for the world of tech at large we understand that alphabet has also been receiving some scrutiny from the d.o.j. . yes actually on a monday there might be appropriate formally started by the attorney general of
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texas also joined by a couple of other states here in the united states also an on to trust case and the big question of those companies became too powerful almost. like and this is something we have to live was then that's going to continue for quite some time and we hear it more and more often from the public from regulators from politicians those companies might have become too powerful but as i said those cases they take time then the companies themselves they probably will go into appealed so that it's a development that's going to stay with us for quite some time and you'll be following it with us to there and wall street for us. the u.s. is top central banker says he does not expect the u.s. our global economy to enter a recession jerome palace says he expects moderate growth ahead he was speaking in
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switzerland ahead of a closely watched federal reserve meeting later this month powell has come under repeated criticism from president donald trump with things interest rates are too high paul hinted that the central bank was ready to cut rates in response to worries about trade take a listen we would never comment on one trade policy if we don't do trade it's not really that not a responsibility of the fed but i think it is the case that uncertainty around trade policy is causing some companies to hold back now on investment and so our obligation is to use our tools to support the economy and that's what we're continue to do you k. prime minister boris johnson was in campaign mode friday visiting scotland to promise aid for farmers there along the way he swung by a fish market to angle for his new deal stance a nice photo op perhaps but the british fishing industry is one that could flounder without a deal. count on the fish market to give boris johnson
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a chummy reception the u.k. fish industry has generally supported breck's it with the goal of the scaping the e use fishing quota system johnson told his audience that bracks it is all about regaining control but even fishermen have their doubts like whether british companies are ready if foreign fish processing firms leave. their carriers leading to governments are going to. do so just on ash you've opened your quarterly with everybody if there was another that would you know it no doubt they would go down with it i wouldn't you know except that in the way of processing in this city that you chose the idea that fishermen would benefit from a no deal that's also fishy the industry ships much of its catch to other e.u. nations like france that's where the u.k. sent 238000000 euros worth of salmon in 2018 that was possible with 0 tariffs and smooth rapid supply chains both would disappear with a no deal. it's
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a rare commodity about the shepherds of the kingdom of those who to provide to the world market their animals wool and mohair keep snacks 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 forces the shepards to sell to one broker exclusively on from china but many are saying we won't have it. all. less suits who 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 wool and since then farmers say that they are not being paid among them is caught saying the sure sure he has become the leader of the protests. big did so greet them quite upset. we can never say it's political because
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a politician order is things. for the people the chinese broker stone she lives in the most expensive hotel in the capital mosque and never goes out without his bodyguards we confront him with the sheep farmers accusations. we think so the problems and there we have finished the payments to the fellows and the now the follow us is a high pay with us what is strange is that this warehouse is nearly empty we are told that many farmers refused 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 policeman 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. he said what they're doing is right you
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have to protect investors this gentleman is doing she didn't know it so the government over this whole deal with food i mean is that. they went to china to ask it is judgment about me just yet. but it's not just the shepherds who are suffering mohalla feet moti army is a wool dealer but for the past year he's been unable to sell his stocks because of the monopoly. i have had to leave 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 capital it was one of the biggest protests in the history of the suit to 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
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evening we sit down with quote sang the shepherds and the organizer of the demos suddenly it is announced on the evening news because of the protests licenses have been granted to other brokers but cote sang still does not believe in a breakthrough. for 2 for this. this is just a cover up it could take months before new traders can sell wall until then it remains the chinese monopoly the shepherds will still be rebels defending the room cause. in a highly competitive global market that's long saturated innovation is the key sound so has promised to usher in a new age of foldable xin the smartphone sector the 1st of its kind of vailable and south korean stores from tomorrow and presented a folk consumer electronics show in berlin. one touch on this
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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 not content is just incredible so the divisional cues coming from social media videos even the audiophile it's just incredible i think as we break the foundries of new technologies new form factors 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
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the manufacturers is intense but trade conflicts and fears of economic slowdown mean selling the future is not all a breeze. that's it for me and the business team here in berlin for more business news and features you can always go to d.w. dot com slash business or follow us on facebook and on twitter i'm john l. the latin in berlin and thank you so much for watching and have a happy weekend. international
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the famous naturalist and explorer. too soon to bring to the public some dough from him books 250. morning a little premature discovery. mixed edition in boy. are we alone it's a fundamental question of humanity trying to figure out whether or not. life existed on mars pretty clear water was there quite abundance well that would be and so on mars the atmosphere is 100 of what we have here on earth it's very very cold and at the past it's like antarctica you could imagine bringing some supplies and you know you do and build a little self-contained pressured vehicle or vessel which is being on the surface there are things like oxygen that you can harvest from the atmosphere to help make
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a living possible. if you want to think of humanity if we really want to survive for ever we're going to have through off the earth eventually and i know that seems a little crazy but you've got to start somewhere. this is news africa coming up in the program the end of an era robots mugabi hostile age against 95 percent the former president of zimbabwe was the feedom fights for august you told to take a look at his somewhat complex legacy also coming.
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