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tv   Business  Deutsche Welle  September 17, 2019 11:15pm-11:31pm CEST

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you know that except most here if you can go to a place database that. freedom is that way but with no news from kind as out in that case says freedom feels a long way off. if you're watching news life from berlin in the for just a short moment you're going to be here with you business to stick around for that. he takes it personally. with a little people in stories that make the game so special. for all true for. my. place because more than football long line. and i'm just a brand new w. from buying these books it's personal device it's about topics that affects
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a whole lot of solutions to climate change in the terms. whole new sets shutout. what's next for u.s. trade in the midst of the terrorist dispute with china president trump says and of course with the chinese government could be close to announcing a fresh trade deal with japan. also on the show chinese smartphone giant huawei unveils its 1st handheld device without google's android operating system take a look. and german companies set their sights on the huge agribusiness market in brazil critics say it's not about sustainable production but just about making
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money. it's time for business on the w m how you know to get us welcome to the program it's early in the week but this could already be a decisive one for the u.s. and its trading partners american and chinese negotiators are set to restart talks this week meanwhile the white house has said a deal with japan is also within reach but 1st some context into the trade imbalances that have irritated the white house here's a look at the biggest trade deficit between the u.s. and the countries that does business with we take a look at the china leads the pack with $379000000000.00 that's a big gap followed by mexico and germany japan comes in 4th with a $58000000000.00 deficit that's mostly down to the amount of japanese cars americans by some sizable differences to bridge there but back to the developments this week or so who is that who is now joining us from wall street with some key
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analysis was the greece let's see if we have you there can you hear me all right all right. good to have you with us let's start with that apparent deal with china trump says the u.s. is close to a deal but we've heard that before haven't we apparently . we don't have as a reason i'm sorry for that now let's continue on to other stories we're covering for you china's tech giant huawei has been on the front lines of the trade dispute between china and the u.s. who were mentioned before washington accuses the company of spying and has prohibited american companies like google to cooperate with it or huawei denies the allegations it has understood that it will have to make things work without u.s. partners this week while way will introduce its new smartphone in munich the 1st one without google android. once upon a time it was
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a company little known outside of china now huawei is widely recognized as the tech giant on the frontlines of a dispute between the world's 2 largest economies consumers may see it primarily as a smartphone maker it's the 2nd largest in the world after some phone but within the telecommunications sector the company is known primarily for its prowess in 5 g. the next generation of super speedy highly reactive mobile networking. it's 5 g. technology that's raised the company's profile internationally 45 of the world's 50 biggest phone carriers use its network equipment but many countries most notably the united states don't trust walk away accusing us of being controlled by the chinese government and of using its technology for spying back in may this mistrust prompted washington to ban american companies including tech titans like google
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from operating with the firm the real impact that the u.s. was going to have i think will be on the software side. can be a global smart behemoths if it does not have access to the android operating system not because of the operating system itself but because of the apps that are in the operating system no one's going to spend money to buy a premium quality phone if it is doesn't have you know maps you tube google play but the u.s. has also made flyway increasingly determined to become more self-reliant last year it spent $15000000000.00 on research and development more than both apple and microsoft in august the company released a 5 g.'s smart phone that uses its own chips instead of versions made by qualcomm or intel. now the major advantage we have is huawei is that we make all the bits that go in there we have our own troops at
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manufacturer but makes all of the chips that go in each of these components we are not dependent on any other company on any other country to be able to produce all of this for a few equipment we can make it all ourselves we can make it all ourselves a poignant rallying cry from a company that finds itself in the middle of a trade spot that has seen the world's 2 biggest economies turn ever more towards protectionism. oil has been on a roller coaster after last weekend's attacks on a saudi oil production facility sent prices to levels not seen in almost 30 years but there may be relief on the way saudi arabia's energy minister says his country's production numbers will be back up to priya tack levels by the end of the month meanwhile the price of brant crude relaxed from monday's heights it's down about 5 percent on tuesday to just over 65 dollars a barrel. fires in the amazonian rain forest have caused an
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international outcry and heavy criticism against brazil u.s. president. but some german companies view his proximity to agribusiness as an opportunity at a major annual economic meeting between the 2 countries they say that a new technology in the field will help solve problems like land a gradation. monocultures as far as the eye can see many of them genetically modified crops. polies company builds heavy agricultural equipment nowadays it comes equipped with technology that fine tunes the distribution of water and pesticides the. technology knows where the problems lie ahead examines the field in real time and knows exactly what needs doing there's nothing better it's super. german software company s a p which has a subsidiary branch in brazil says products like this are making more productive and environmentally friendly the software is one of the firms prototypes bigfoot
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produce in the world we have a responsibility that we do it in a more in a very sustainability. technology to help brazil achieve sustainable production sounds great in principle but critics think it will mostly help major agribusinesses and german companies are earning big money here in other areas as well says professor claimants leschetizky bio and b.s.f. have helped establish large monocultures here which now grow on land once covered by rain forest he wants them to step up more. they are partially responsible because their products sell well here they're being purchased by the companies that are responsible for expanding the amount of acreage in agriculture here please let's shift he says since 2006 an area of land half the size of germany has been cleared and that process large companies often push out small farmers who then burn off more rain forest in their quest for land the mood at this meeting and northern
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brazil on german brazilian trade relations is positive both on the podium and off it both by and b.s.f. have come the companies claim their products help protect the rainforest not destroy it. it's a lie in my point of view is the other way because bring that they can all just to produce more food in the same area through the use of a particular ology and innovation and every move a show a lot. more friendly they are more environmentally friendly as well. but there's no denying brazil is a major market for the chemicals giants or that its president is also friendly to its agricultural lobby. my government is there for you he promises and says he wants to monetize the amazon more but now the government is increasingly realizing that fires in the rain forest are bad for the country's image and has promised to
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take them very seriously. jewson turnip always says he simply doesn't understand the current discussion and he doesn't know any farmers who are setting fires last year we had the chance to double production without felling a single tree you need to get that through your heads. you should think. he also denies that they'd landowners are the only ones who benefit from the technology small farmers can also buy as equipment he says as long as they can pay for it to syria now where 8 years of civil war have crushed the country's currency back in 2011 you paid 50 syrian pounds for one u.s. dollar today the official exchange rate is somewhere around $215.00 syrian pounds to a dollar but money is scarce pushing up prices on the black market crash against major currencies has made doing business in the war torn country a huge challenge surrounded by the scent of his spices mohammad's are koa is
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growing more desperate by the day he knows when he lies down to sleep in the evening that prices will have changed by the time he wakes up. to belittle all in the variation of the exchange rate means that when i want to buy a 50 kilograms of this or that product i lose 10 kilograms and i'm only able to buy 40 kilograms for the same price there's no stability so it's smart to wait a bit to buy but if you wait your store slowly empties out the syrian pound has also been hammered by the relentless years of war the sanctions in place against the assad regime and civilians transferring money out of the country on mass throughout the conflict on the black market a dollar now costs around $650.00 syrian pounds 13 times its price 8 years ago. the value of the dollar is increasing all the time prices change every hour so the customer who came yesterday and bought something at such and such
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a price can come back today and have to pay more for the same thing so everything is growing more expensive including necessities like food many syrians now hoard dollars hoping to shield themselves if their pound falls even further. and that's all for business for now but remember you can always stay up to date with the latest business headlines on our web site that's the w dot com slash business where you can also watch this and other shows thank you very much for watching we'll see you next time take care and a bite. with
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some water. and ensure this long hours of manilla capital of the philippines. their homes risk being swallowed up by the sea. but now there is hope. the government is helping them move into safe apartments. and they're building new pumping stations to protect them from the flooding. 3000 in 60 minutes w. . small acts can inspire you to change. the people making it
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possible he told africa. fantastic right. as they set out to save. a blur. one another. and work together for a. coupon for. every journey begins with the 1st step and every language with the 1st word emerged from the. coaches in germany to learn german and why not play with them simple online on your mobile and free shots d w z e learning course nikos free german from a to z. . lead. logo to the girl next you draw.
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the line of stewards. with exclusive guests to see concerning. your own. curious minds. do it yourself networkers the a. subscriber and don't miss our guests. leg. this is the news africa is coming up in the next 15 minutes the nigerians are back home from libya one of them is gloria thought she could help a family from the world's best a bad day that's had a horrible day and if you will hear from the organization working to ensure a good end of this don't try to beat it. and why is no peace i know people at the center of the twitchel between kenyans and nigerians will get the lowdown correspondents in lagos.

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