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tv   Business  Deutsche Welle  September 23, 2019 12:30pm-12:46pm CEST

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don't tell me that that's he never showed. and the joint you come up in the morning prayer and. reveal the cincinnati's of your highness. the groom's code starts october 11th on t.w. hot enough. to leave. more than half a 1000000 passengers affected thousands stranded as british 2 all praise of thomas cook collapses rescuing them looks set to cost nearly as much as rescuing the world's oldest travel company itself would have cost. the u.n. climate summit gets underway in new york are important sees how the most low lying country in the world is so long between tourism and rising sea levels. and as robots become ever more human like unhelpful critics are worried what if they turn
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against us one day. this is the w. business i'm going to office and berlin was the world's oldest travel company thomas koch collapsed after failing to secure a last minute bailout more than half a 1000000 people worldwide are currently on holiday with a group of u.k. authorities beginning an operation to bring customers stranded abroad back to britain it is unclear whether that program applies to non british holidaymakers as well. thomas cook holidaymakers in the spanish island of majorca wondering how they are going to get home. they just how disconnected they are very tense going down we should get more information. we're not too sure they still say. our flight is delayed to. one hour and passengers yet to begin their crypts looking for clarity. our customers passengers have a flight booked out from the u.k.
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today unfortunately your flight has been canceled don't go to the please don't go to the airport if you're overseas on a thomas cook holiday then you can continue to enjoy your holiday the cia is launching. this is the largest repression since the 2nd world war and we will be bringing harum everybody. back back to the u.k. as close as possible to their return date 150000 brits need to be flown home in all 600000 holidaymakers are affected including customers of german subsidiary neck come in holiday airline kaunda another german subsidiary said that for legal reasons it was unable to fly passengers who had booked via thomas. the firm has been struggling in recent years mounting debts at high interest rates alongside changing consumer habits combine to create rough conditions in the travel and
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aviation market uncertainty surrounding breaks it didn't help matters things came to a head last month in order to raise cash quickly the bosses put the airline business and condo up for sale before scrapping the proposal and presenting a rescue plan to investors. despite huge if it's over a number of months. and that intense negotiations in recent days we have not been able to secure a deal to say that business for some of the 20000 workers at europe's 2nd biggest travel company there may be smiles but the future is far from clear. that a collapse like that of course has fallout on financial markets only by standing by the frankfurt stock exchange only what does this mean for customers and investors as well. well for investors that spells disaster it's almost
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a total loss and i would say it is a total loss when you look at what the share has been doing already since 2018 it's had only one direction downwards spiraling a very steep decline when you look at the numbers and that shares suspended from trading now in london but there's a broker here in germany who for example is posting a price and that price has gone down since friday by 70 percent to just one cent one euro cent it was about 4 euro cents on friday and now it's one cent so you can imagine people were in way over that a year ago and it's basically a total loss for investors for customers it's also very very unpleasant for a lot of them we just heard of that repatriation program in britain but that's geared only at the people returning to britain people going elsewhere they're left stranded if they're going with thomas cook and it also has of course the german
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says jittery one of the units affected condo or condo is continuing operating but has applied for a loan from the german government to continue flying but it's not allowed legally it says to accept thomas cook book to customers so they'll be people left stranded there as well chance of confusion then what about the competition of investors worried about ventoux. no not at the moment shares are going upwards it's hard to imagine you know with such a piece of news shocking shocking the whole industry but people are apparently glad rejoicing that there is some overcapacity that is perhaps being taken out of the market and that that will be not only good for prices getting some stall in the stagnation or decline of prices but also getting a few more customers with thomas cook out of the market so you see the main competitor to be going up by as much as over 10 percent of tonnes it's going up by
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about 2 percent as air france kalen ryanair the low cost carrier going up by about 6 percent when you bounce in frankfurt thank you. for the collapse of thomas cook resonated in asia as well as in the 2 of brightest biggest stakeholder foes fell one percent in hong kong u.s. china trade war just and tensions with iran gave asian markets a downbeat start to the market place were looking for positive signals on trade after china cancelled visits to u.s. farms last week hong kong's hang seng fell one percent off yet another weekend off violent protests. for un climate summit starts today in new york and with activists using slogans like flying shame the tourism industry is boring to the. group of islands in the indian ocean is one of the countries that could be affected more than others by rising sea levels at
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the same time it is dependent on tourism a major contributor to greenhouse gases our reporter over there was there for the moment deaves turquoise blue sea bright beaches a paradise on earth but the lowest country in the world is in danger bit by bit the sea swallows the islands eroding beaches did palm trees pictures that don't fit into the postcard image for even him name from the environmental protection authority it's an all too familiar scene. the effects of grandma 10 were already in the mob it's like if you go to the islands you'll see because the leadership it's already saying you don't get torrential rains more frequently and thunderstorms more frequently this year 8 new luxury resorts will open such as the waldorf a story of a food rising sea levels have been taken into account the night costs approximately
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1600 euros there are 11 specialty restaurants on the islands one of which is the long for 160 euros you can have a signature peking duck roasted in the maldives 1st classic wood fired oven the duck is flown in from germany the wood comes from australia the luxury guests are becoming more demanding requiring superdelegates and the resorts are delivering what they want. you have such an increase of of results opening because there's definitely a demand in terms of my these being a truly beautiful nutri this nation the number of visitors has been rising for years every 5th visitor comes from china this year for the 1st time more than $1500000.00 tourists are expected to archipelago in the indian ocean is especially popular for honeymooners already alexy pretty amazing everything you have offered
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but we have nice places in germany also hidden ones but i think here it's a bit like paradise i think you have to see that once in a lifetime when if not now. the mall deaves is unique as a tourist destination investors are now switching to look goods on coral reefs they are building artificial islands these deals were arranged under the corrupt predecessor government. which withdrew the control for tourism projects from the environmental protection authority. and latham especially if they are considered the areas closer to the capital. that a lot of reclamation and island making were so it would be very difficult to stop any of the sector at this moment the government is very much concerned about the environment but those construction projects are holding the new government back the construction boom continues the number of resorts could increase by almost 50
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percent in the next 5 years. robots and by only killers are the stuff of hollywood science fiction movies like terminator and blade runner but so far the real world hasn't been something we've to worry about japan is one of the countries at the leading edge of robotics technology experts that robots are our friends they're fine tuning technology that blurs the line between humans and machines for. forget clunky automatons doing basic tasks and listen to erica here future robots talk to talk their brains infused with artificial intelligence this is a lot more science than fiction japan is going all out to build robotics tech roboticists like a russian ishiguro are blurring the lines between humans and machines for him it's a necessity and simple evolution. the human we
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need to have a technology ok we are improving our. by developing a new technology technology is a way of. therefore we cannot separate him and the technology human the robber. therefore you know it is not the damage it's our. robot technology is streaking ahead in japan recent advances into the remote controlled robot arm that can pick up and move objects the smallest 2 tenths of a millimeter wide. the. robots are getting more like humans but fears of killer robots of the stuff of movie paranoia do not reflect the reality. this is why i. hate the robot and. want to destroy did this war with the robot the so many. crazy. in the
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future robots will be highly intelligent self-aware an invaluable around the house especially in. countries like japan where the population is aging fast much more than simple appliances they can become conversation partners maybe even friends because. i'm an economist. well that's it for me and the business team. for more business news and hopes of backcross stories check out our website that's w no call slush business and also do follow us on the facebook and twitter if you don't need to for go here's a quick look at global markets at this hour once for large.
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and small the consumer the changing. people making it possible eco africa. fantastic right. as they set out to save the environment. and learn from one another. and work together for the future. cocoa for. w. .
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of us on. insupportable. was able. to deliver. on this edition of world stories. northern iraq recovering from war. madagascar a tallit he's from measles but we start out in bangladesh where over a 1000000 will hinge or are living in refugee camps they're not allowed to work so they live in abject poverty making the women easy prey for the sex trade.
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in the world's largest refugee camp in bangladesh life for women and children is particularly difficult. this woman fled from me and ma with her 3 children and husband after their village was burnt down 2 years ago. my husband left me and my children after we came here and it was difficult for me to make ends meet i didn't have any other option and i want to live. any other option that is going to work as a prostitute now when she gets the call she travels to the neighboring towns outside of their fiji camps. on opposite sides or not there's no other job i can do like i can't do anything else if i remarry my new husband will take care of me but not my children. that it's and.

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