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tv   Business  Deutsche Welle  September 27, 2019 5:15am-5:31am CEST

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the since in 1968 unlike many other olympic sports skateboarding does not have an age requirement for its athletes. well that's all the news for now did have you business is up next and there's more there is at the top of the hour so stay with us. i'm scared that if i were not tired and in the end is a me you are not allowed to stay here any more we will send you that. are you familiar with this. with the smugglers were lions and. what's your story ready ready. i'm working on was a women especially in victims of violence. take part and send us your story
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train always to understand this new culture. another visitor and yes you want to become citizens. in full migrants your platform for reliable information. is a new trade dispute brewing between the u.s. and europe the dublin c.e.o. is expected to greenlight major u.s. import tariffs on european products as punishment for use subsidies to airbus. also on the show russia is throwing venezuela a lifeline is american sanctions wiped out but can the adorers jeems stay afloat if the u.s. remains hostile. and will show you how smaller travel destinations are responding to the sudden bankruptcy of holiday factor thomas cook. this is who are doing the
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business report i'm stephen beardsley thanks for joining us. the world trade organization has given approval to the united states to impose tariffs on european union goods worth $7500000000.00 in response to legal issues subsidies for plane maker air bus that's according to sources close to the w t o the u.s. plans to levy tariffs on european aircraft and aerospace parts as well as wine cheese and luxury goods the decision is the latest in the 15 year old trade dispute with the u.s. accusing europe of subsidizing air bus and the e.u. accusing the u.s. of subsidizing plane maker the plane makers biggest rival boeing and let's bring in our financial correspondent in new york jose luis to haro was is there was a could this open a new trade dispute between the u.s. and the e.u. . it seems to be decays id's point especially stephen even determined to ministration goes ahead with its strategy as has been reported trying
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to implement what it's known as i approach what these they mean basically is a response designed to increase the negative impact of those targets against the european union under these kind of retaliation by country the united states a regularly shift around to tell you the goods of those. the same time increases uncertainty and pain over the receiving it one in this case that europe by rotating around instead of choosing a detail at least all products could try to heat up broad the range of industries but as i said this is not a done deal yet according to u.s. media and ministration. to impose a duties on a range of european luxury items as you said and european aircraft and parts and of course this is taking place as the u.s. has talked about imposing tariffs import tariffs on foreign cars that would largely
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hit the e.u. do you know if the u.s. is still considering this. so far steve in the still has until november 17th to make up his mind on regard and if we take a look at his tweets and talks to the press over the threat of imposing targets we 5 percent and 25 percent on foreign currencies are still very much alive but indicate japan for example does sign of a limited to a deal d. is weak serves as a way to talk all cars in later round of negotiations suspected to start next april do you union is a still early to tell what will happen if we will see a mini trade deal that basically delay the imposing of the possibility of targets on the on the industry by the boulder the car industry a manufacturing advocates have pleaded. to hold all of those tarps while economies have worn here in the us down the steep toll they could take in the u.s.
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economy was a louis toro there for us in new york thank you. and staying with the aviation industry u.s. safety officials have accused boeing and the u.s. federal aviation authority of misjudging help pilots would behave off flying the 737 max the jet model has been grounded since 2 crashes killed $346.00 people in the span of a few months now a report by the national transportation safety board claims assumptions made when designing it systems were wrong it says that cockpit chaos overwhelmed cabin crews during both crashes. russia has pledged to double grain exports to venezuela to help offset crippling u.s. sanctions that's a lifeline for president nicolas maduro came to moscow this week looking for whatever help he could get. together again nicolas maduro needs all the allies he can get on vladimir putin has extended not just the hand of friendship but of
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help. some people we owe it is very nice to be here in moscow no wonder who has pledged to boost basic food supplies and. it worked because we believe any deviance from the dialogue to be irrational and detrimental to the country posing a threat to the nation's wellbeing. still missing in. the socialist president's mind was on food rather than friends when he indicated he was ready to hold talks with donald trump. your 31st. i would be willing we would be willing to initiate a process of conversations dialogues negotiations to try to establish a relationship of respect in the 1st place between the government of the united states and the power of the united states and the government and the power of venezuela. doing its work. at the united nations this week donald trump
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appeared in new move to talk i dictated the duro is a cuban puppet protected by cuban bodyguards hiding from his own people well cuba plunders venezuela's oil wealth to sustain its own corrupt communist rule listen to the venezuelans in the room where even less interested in listening prefer a biography of instead this night. in recent days the beleaguered venezuelan government has been trying to rally support for its opposition to trump this truck a pint lee loaded with some 30000000 signatures collected against the u.s. blockade the latest attempt to shift attention from the suffering of millions. u.s. and china are set to begin a new round of trade talks in early october 13th since the u.s.
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1st place tariffs on china last year in the run up to the meeting both sides are trying to show good faith. agricultural goods including pork have been at the heart of the us chinese trade spat for over a year after china impose tariffs on u.s. imports trade went down leaving american farmers scrambling in search of new markets now china is back as a buyer. recently both sides have to split some good will for example the u.s. side has waived tariffs on many products and so on the chinese side we are willing to buy more products that are needed by the chinese market we hope both sides can take war enthusiastic measures get away from the pessimistic language if both sides do this talks will not only resume but they will yield results. u.s. farmers would appreciate that and things are looking good chinese firms have already
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ordered considerable amounts of u.s. pork in a sign of a potential breakthrough also of course because the country is facing a severe shortage due to the spread of african swine fever that has ravaged local suppliers. let's take a look at some of the other global business stories making headlines. france is cutting the tax burden for families by more than $10000000000.00 euros next year and it's urging germany to follow its lead with fiscal student stimulus to bolster its flagging economy french friend french finance minister said the european central bank's latest monetary easing created an opportunity for governments to invest more. leading east cigarette maker jewel labs has announced a change in leadership and pledge to suspend advertising in the u.s. after recent regulatory backlash follows the deaths of 9 people from a mystery lung illness mostly linked to babying illegal black market cartridges
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containing t.h.c. the primary active ingredient in marijuana. the sudden bankruptcy of british travel from thomas cook has shaken the travel industry smaller hotels airports and destinations are now facing a sudden travelers and mounting bills that's leading some to reconsider their business model. thomas cook sunny logo will soon disappear from the sun connect resort in fits it's been a thomas cook branded hotel for 6 years but it's closing its doors this season a month earlier than usual and getting ready for major changes unfortunately local youths go on. less customers. back to safety on their haulers. take call to local. our heart is broken the hotel is now looking for new business partners and many of its
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repeat guests from the united kingdom are concerned. i think this that worries that the price is right up. to that it makes out reach of people that would normally come here the manager of the hotel is also worried thomas cook still owes the hotel 350000 pounds a debt that may never be repaid. get it and acknowledge it if what can be done to compensate for these payments previous experience has shown us that we can never recoup losses from bankrupt companies in britain many erotic it emitted here at the donovan airport they're working overtime to help stranded vacationers return home they expected to take almost 2 weeks but the airport managers believe that's when the real problems will start. thomas cook brought $400000.00 tourists a year. but after the sudden bankruptcy with $70000.00 less
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tourists are coming this season it's not just bad for the airport it's also bad for tourism partners in the region the airport is considering shifting away from the charter airlines the package store companies rely on and focusing instead on increasing the number of individual tourists to the region and to many hotels are likely to follow suit as the fallout from the thomas cook bankruptcy continues. and that's it for me in the business team here in berlin you can find more on these stories online at dot com slash business i'm seeing there's a thanks for watching. accommodation
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. about the flight from in the bush mansion to 101st miami. the last minute for the country music. secure and affordable housing is just coming from a scarce commodity. made in germany.
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w.c. talk show strong opinions clear positions from international perspective. saudi oil fields are loaded powder to the us is a ryan came close to wiping the news coming up on to the point i will discuss the gulf crisis not the threat it poses the president's reelection. in 16 years it's going to. slip. carefully to. those soon. to be.
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discovered. the 1st. subscribe to documentary to. a little. to nothing yet it's obvious that the private housing market isn't helping berlin that that's why we see expropriation as the solution and i will bet that socialist housing policy and has nothing to do with market forces of any so to present the they don't have a right to an unlimited return at the expense of the city social fabric.

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