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tv   Business  Deutsche Welle  October 2, 2019 4:45pm-5:01pm CEST

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asked our correspondent what's going on. more german focuses cut the growth outlooks warning the government it's wrong to keep balancing the budget just for the sake of it. and sniffing out dodgy business cuba turns through man's best friend to reinforce its fight against money laundering. in physical and let's do business months of protests continue to take a toll on hong kong's high streets august retail sales for the city were down 23 percent on a year ago the 7th monthly decline in a row and choose days 70th anniversary of communist party rule in china as for an escalation in the violence with live shots fired by police for the 1st time and one protester in a critical condition in hospital tensions are high in hong kong and in the business community china is pressuring companies to crack down on stuff protesting nowhere has this been more apparent than it hong kong's flagship airline cathay pacific we met someone who supported the protests and lost their job our correspondent mathias
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berninger filed this exclusive. one month ago flight attendant rebecca c. was called suddenly into an urgent meeting with the management of a company that just happened in 5 minutes and my 17 year career already. shown screenshots of facebook posts she made in support of hong kong's protest movement and she confirmed they were hers she was fired she had been working as a dragon a subsidiary of hong kong's traditional pacific she was also a chip person if the flight attendants union that supports the protests. and just what was special operation a facility manager tells us to leave the company's premises beijing has put pressure on hong kong businesses to suppress protest or to tease because they is at the center of the controversy china issued a security warning against the company banning pilots and protests from flying into
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and over the mainland more than a dozen employees were laid off creating an atmosphere of fear closing their facebook account they live taking all the photos. changing the profile page and changing the name. they've become so common nowadays when i look up my facebook oh my gosh i couldn't work and recognize what is that hong kong's economy has suffered from the crises tourism retail are affected most but also the financial industry that connects chinese and international businesses employees of the industry have been active in the protests some have founded a union in support of the movement nathan lung one of the founders has since been put on paid leave. this is they have it pressures of. freedom of speech freedom of assembly freedom to form a union so this is not my. business anymore that's all that work is.
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in hong kong. his company. contractor of the bank h.s.b.c. denies any link because political activities but fear on phones business sector is real. i wonder because see these new premises of her former employer many colleagues stop to encourage her none of them want their face. i haven't been crying that hard even for myself so you can see my terminations but it was them when i received the message from them. i've really tried so hard. in a sign of solidarity she was reluctant chairperson of the union just days after her to a new nation. many had expected a ban on single use plastics to take effect in india today but the indian government now says that's not the case an announcement by prime minister narendra
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modi last month was widely interpreted as meaning things like plastic cups and strollers would be outlawed but no such bans of effect today many indian media outlets reported that the government was holding off on the idea. it's going to russia pandey at album studios actually tell us what's going on. well there's confusion here to say the least what is clear is that there will be no a ban on single use plastics that's clear was there a proposal in this regard that's not because the state media says that there was never such a proposal to ban single use plastic products nationwide but it was widely reported that the government was considering to announce a ban on single use plastics on 2nd of october that is the but handy versity awful mahatma gandhi the father of the nation in india so that that that was the idea but after all it's not going to happen because. media reports suggest that there was
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concern among the industrial defense that the consumer goods companies would be civilly hit and this would be good especially at a time they call me is not doing particularly well i'm reading a board com or wouldn't come in until 2022 but what is the government's plan obviously it's all on clear. well the plan for now is to sense it does the people sort of start a mosque movement of sorts where people themselves shun plastic and they move towards more sustainable living and and also the idea is to enforce the states to enforce whatever existing the distinctions on plastic are at this point of time. in on thank you. a group of leading think tanks have cut their growth forecasts for germany the economy contracted in the 2nd quarter and is expected to have shrunk further in the 3rd quarter that put it in
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a technical recession my constituents have a word of warning for chancellor angela merkel when it comes to her determination to balance the budget they say saving into a downturn only exacerbates the problem. that causes may be up for debate but the message is clear europe's biggest economy is slowing down germany's top 5 economic research institutes have now joined the government in causing this year's growth forecast they now expect the economy to expand by just 0.5 percent to 2019 down from their original prediction of 0.8 homegrown problems include a car industry that's been overshadowed by the diesel emissions scandal and a failure to keep pace with digital transformation further afield the trade dispute between china and the united states is also costing a long shadow. is the chaos the rioting britons intended departure from the
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european union at the end of this month and. a disorderly brix it would have considerable consequences for the german economy our simulation showed that if brooks it were disordered growth in germany in the coming year would be 0.4 percentage points lower with a further 0.3 percentage points drop the following year. on the other hand if relations with the u.k. are clarified quickly economic development could be more positive with the german economy facing a basket of challenges the government's under increasing pressure to boost growth by spending more that would be a turning point in fiscal policy for years the government has done all it can to avoid taking on new debt. want to talk to our financial correspondent in frankfurt about this chelsea to lady chelsea should the rest of the well be worried about germany's approach to running europe's economic engine the rest of the world definitely is worried and you know germany has gotten this criticism for several
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years now about you know needing to spend more and more to invest more and it's really come to a head just because of the slowdown that germany is definitely seeing now so we're seeing not only businesses here not only economists but also. president mario draghi the i.m.f. everyone is sort of really calling on germany to get in front of the slowdown that it's seeing and you also have to consider the central role that germany plays in the economy here so if all of a sudden germany is really decelerating that's going to impact not only people here in business here it's also going to impact all european companies. if the government doesn't want to spend its way out of a recession what is its strategy. so your. german politicians are basically saying at this point you know we we have a strategy we're just not ready to use that we're not at the point where we need to
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be deploying you know a large stimulus package so finance minister has said you know 50000000000 euro is that my disposal but this is not the point to be using it so if you look at sort of the budget that germany has put out for for next year there are some sort of piecemeal stimulus measures things like cutting the solidarity surcharge. more investment on r. and d. but what businesses are saying what economists are saying is that they need more you know they need they need to cut taxes for companies and they need to cut taxes for consumers and invest more and digital infrastructure and things like that to really combat the slow down so he delayed germany's balanced budget and slowing growth. a successful strategy in fighting drug trafficking is to track down money laundering but you've got to have a nose for that that's why french police are training their canine pets on the communist island of cuba to sniff out the cash. the
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police dog she's excited about her new mission she's learning to identify the smell of money and to seek it out wherever it may be hidden because of her enthusiasm zeal his trainers have a way to keep her mind on the job. a 2nd beat them well become game because they don't goes looking for the toy when she finds its way and then gets a reward when her own are placed with her it's like an exchange she thinks i help my auditor find something like you i contribute in the end i get rewarded tell you when you're free now my article. to train is tied to the euro banknotes in a range of different locations to test the dogs sniffing capabilities. the program is part of a cooperation between france cuba and a number of other caribbean islands. among the most promising recruits that her arrive from france this trio sniper search and sniffer the plan is for them to
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breed in cuba it's hoped that a bigger canine force will help or authorities take a large bite out of organized crime on the island whether that's related to drugs well money laundering. people usually smell as did for example 5 euro banknote smell much stronger than $500.00 euro black bears but the dogs must be able to find them all. to you to show you suck you off. once the dogs have mastered uro's they learn how to identify us and canadian dollars to whatever the currency these dogs know how to sniff out a report. gotta love a good dog story much better than a viral can. video mustering business with the for.
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the odd. the flop. the fisa.
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law. the law german industries are dependent on subsidies each year the german state pumps millions of euros into the private sector to whom it too much some experts say to him a. good others believe that subsidies are necessary to what's the situation like elsewhere in europe cod made in germany in 30 minutes on w. o. i'm not laughing at the gym i just sometimes i am but most of the things that have been thanks to you consider jam
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a culture of looking at the stereotype clad in your think the future of the country that i'm playing. piano even seen the pictures from one day out to you it's all about a new i'm rachel join me for me to jasmine from d.w. post. to itself. with its own gravitational pull. of the finest musical compositions. with some mysteries terrific. don't tell me that she was into them don't tell me that that's she never wrote. for yourself and the torture come up in the morning blame. refuelled the sins of
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your highness plus. the problems come. starts october 11th on the column enough. this is the the news live from britain's prime minister outlines what he says is his final. forest. who calls on the in you to compromise otherwise he says the u.k. will crash out of europe without a deal also on the program saudi agents murdered and dismembered jamal khashoggi in turkey a year ago but as a memorial is held for the washington post journalist still no one has been brought
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to justice and. we are human we have people if someone makes a mistake want.

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