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tv   Business  Deutsche Welle  October 2, 2019 6:45pm-7:01pm CEST

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ask our correspondent what's going on. more german forecasters cut their growth sound lokes 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. and being physical and let's do business months of protests continue to take a toll on hong kong's high streets oldest retail sales for the city were down 23 percent on a year ago the 7th monthly decline in a row and shoes days 70th anniversary of communist party rule in china so 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 crackdown on stuff protesting no way has this been more apparent than it hong kong's flagship airline cathay pacific we met
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someone who supported the protests and lost their job our correspondent he is building a fire this exclusive. one month ago flight attendant rebecca c. was called suddenly into an urgent meeting with the management of her company it just happened in 5 minutes and it 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 airline cathay pacific she was also the chip person of the flight attendants union that supports the protests. it's just what was special operations at the facility manager tells us to leave the company's premises beijing has put pressure on hong kong businesses to suppress protest or to fifty's because they is at the center of the controversy china issued a security warning against the company banning crew and pilots just protests from
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flying into and over the mainland more than a dozen employees were laid off creating an atmosphere of fear closing their facebook account they lifting all the hotels. changing the profile page and changing the name. they've become so common nowadays when i look up my facebook oh my gosh i could i reckon recognize what is that hong kong's economy has suffered from the crises tourism and 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 a pressures of. freedom of speech freedom of assembly freedom to form a union so this is not my own. business anymore this 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 think when rebecca sees new premises of her former lawyer many colleagues stop to encourage her none of them want their face. i haven't been crying hard even for myself so you can see my terminations but it was them when i received the message for them. i've really tried so hard. in a sign of solidarity she was reluctant to share personal for the union just days after photo i mean 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 the strongest would be outlawed but no such bad took effect today many indian media outlets reported that the government was holding off on the idea. let's go to our. own studios after tell us what's going on. well there's confusion here then to say the least to 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 all for mahatma gandhi the father of the nation in india so that was the idea but after all it's not going to happen because. media reports suggest that there was concern
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among the industry they felt that the consumer goods companies would be civilly hit and this one be good especially had it done the economy's not doing particularly well i'm writing a board com or wouldn't come in until 2022 but what is the government's plan and obviously it's all on clear. well the plan for now is to since 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. on thank you. a group of leading think tanks of their growth forecasts for germany the economy contracted in the 2nd quarter and is expected to have shrunk further in the 3rd quarter that would put it in
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a technical recession if 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. because there's maybe up for it to base 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 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 surrounding britain's intended departure from the
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european union at the end of this month and. a disorderly bricks it would have considerable consequences for the german economy are simulations show that if brics 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. i want to talk to our financial correspondent in frankfurt about this chelsea the lady for the rest of the we'll 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 you know people here and businesses here it's also going to impact all european companies. if the government doesn't want to spend its way out of the recession what is its strategy. so you are so what 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 i have you know 50000000000 euros at 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 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 slowdown tells you lay on 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 pits on the public this island of cuba to sniff out the catch. the
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police dog she's excited about the new mission she's learning to identify the smell of money and to see towns wherever it may be hidden because of her enthusiasm changes have a way to keep her mind on the job. becoming a game not because they don't go looking for the toy when she finds its way and then gets a reward when her own new place is like an exchange she thinks i have my eye on it to find something you like in the end i get rewarded tell you when you're free not . to train is tied to the bank notes 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 arrived from france this trio sniper search and sniffer the plan is for them to breed in
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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. for example 5 euro bank notes smell much stronger than 500 euro bank notes and the dogs must be able to find them all lies. like your. once the dogs have mastered your they learn how to identify us and canadian dollars to whatever the currency these dogs know how to sniff out a reward. gotta love a good story much better than a viral cafetiere business for the for. the .
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recipes for success strategy that make a difference. baking bread on detail but you. take it personally with the wonderful people and stories that make the games so special are you ready. for the truth. kick off months ago and took. on g.w. . going into an official estimates more than 1200000 venezuelans live in colombia needy and illegally. returned to. visit friends i don't think i'd ever go back there to live you
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know what i live there again i don't know so i'm not sure. witness global news that matters. made for mines. this is the news live from britain's prime minister is what he says is his final offer. boris johnson calls on the e.u. to compromise otherwise he says the u.k. will crash out of europe without a deal also on the program violence anti-government protests spread across iraq a 2nd day of clashes leave several dead and scores injured demonstrators are angry
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about corruption unemployment and a lack of public services we'll take you live to baghdad.

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