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tv   Business  Deutsche Welle  October 3, 2019 5:15am-5:31am CEST

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french out of 50 i think it's a pity for the dancers because have to learn the choreographers are performing at each game about centers for the better so for them it's a real punch and there is some seconds because they started to say we don't want you anymore if you don't fit in with the modern edgeways as. they are focused on the future and that's training for the german championship at to 5 times a week they want to be 1st. you're watching d.w. news up next is business news with jenelle dumas stretching for that.
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after the fall of the berlin november 9th. the trade dispute between the u.s. and europe reaches new heights after a w t o's ruling washington and the answer is fresh tariffs on aircraft and other industrial and agricultural products to punish brussels for subsidising the european plane maker airbus. employees. in hong kong find themselves with
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a difficult choice to make join the protests or stay employed we speak to a woman who's out of work just for supporting the movement. and guess who has a nose for crime bill q but uses plenty power against money laundering. this is the w. business imes an elder one in berlin welcome washington appears to be making good on a world trade organization ruling allowing tariffs of 7 and a half $1000000000.00 on its that's for illegally subsidizing european plane maker airbus in a 1st step the u.s. has announced a new duties on aircraft and industrial and agricultural goods it sets the stage for a further extension of what's already the world's longest and costliest trade. us president donald trump isn't a fan of the world trade organization but he may have changed his mind on wednesday during a press conference with the spanish counterpart he said the w t
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o ruling was very good news for the u.s. efforts. beginning oct 18th washington will impose new tariffs on e.u. goods including 10 percent on aircraft and 25 percent on other industrial unlikely cultural products. it's the latest move in an epic 15 year bottle revolving around europe and its air bus on the one hand on america's boeing on the other the w.e.o. has found both the e.u. and the us guilty of paying on lawful subsidies to their respective plane makers before washington announced its response to the w t o ruling germany's chancellor was quick to highlight the gravity of the situation. given between the case under world trade organization law this takes it beyond an arbitrary question to a verdict in accordance with international law which now hangs over arab us one must sadly say. we have to see how the americans will respond by says arm
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once video of only qana it's the. scene. european union has so far made it clear it would bring forward retaliatory tariffs if necessary they would come on top of tariffs the e.u. wants to impose on the u.s. following the w t o ruling over boeing subsidies the decision on the penalty in that case is june around 6 months time with the aerial jewel set to continue into 2020 and beyond both sides are in for the long haul. across now to our financial correspondent yes quarter on wall street yes is the time to brace ourselves for a long and expensive escalation of this us e.u. trade dispute. well i mean those new tariffs are supposed to be imposed by october 18th so in a good 2 weeks but there will be a meeting between the u.s.
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side and the european union on october 14th so who knows if those tariffs can be averted and we're talking expensive that is pretty relative 7 and a half $1000000000.00 is a lot of money but overall the european union exports goods to the united states in the amount of almost $500000000000.00 so in that respect that's a rather small amount but clearly that could theoretically lead to an escalation of the trade tensions between the e.u. and the united states as well. now you can stay there because we have another agenda point and we're talking about the markets because frankly speaking they've seen better days and p. 500 the dow the nasdaq all headed southward on wednesday by around 2 percent respectively that's because of growing investor anxiety over economic blowback from the u.s. china trade war a weak august jobs report indicated businesses becoming less eager to hire
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a maid slowing manufacturing growth and persistent uncertainty. and now we've seen jobs hit we've seen manufacturing hits are we going to see a slowdown in consumer spending. well at some point. likely to have to happen and so far the labor market overall still remains pretty strong even if the job growth that we've seen basically for 9 straight years is cooling quite a bit and if you look at the numbers in the manufacturing industry we even see some signs of a recession at least in that area so far consumption is still holding up well but then again we also got the latest figures on car sales in the 3rd quarter and there are a couple of science officer cooling so there's no reason for alarm at this point but clearly we do see some hints that the economy is not growing that strong or as
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strong as we've seen in the past couple of years and that could very well lead to some weakness in the labor market and if we see the weakness in the labor market it is likely that consumers will start to spend less but probably not for this holiday season we are looking towards next year when we might see this quarter and quarter they're calling for calm and caution at the same time thank you very much. a group of leading think tanks have cut their growth forecasts for germany predicting just half a percent expansion this year and 1 point one percent next year they point to political uncertainty such as trade tensions and brags that as well as the slowing global economy the economic institutes expect growth to pick up again in 2021. now as the protests in hong kong rage on china's pressuring companies to fire staff will participate in the on calls flagship carrier cathay pacific has been under particular scrutiny our correspondent with us burning off filed this exclusive
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report 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 70 years career already. she was shown screenshots of facebook posts she made in support of hong kong's protest movement and she confirmed they were hers she was fired i see you have been working as a dragon a subsidiary of hong kong's traditional airline cathay pacific she was also the chairperson of the flight attendants union that supports the protests. it just took what was special all right a facility manager tells us to leave the company's premises beijing has put pressure on hong kong businesses to suppress protest activities cathay is at the center of the controversy china issued a security warning against the company banning crew and piloting hodgin protests from flying into and over the mainland more than
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a dozen employees were laid off creating an atmosphere of fear closing the facebook account they led to all the hotels. changing the profile break 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 long one of the founders has since been put on paid leave. this is they were pressures of our freedom of speech freedom of assembly freedom to form a union so this is not my. business anymore it's all the workers.
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in hong kong. his company a subcontractor of the bank h.s.b.c. denies any link because political activities but fear company's business sector is real. i think when rebecca sees new premises of her former employer many colleagues stop to encourage her none of them want their face to come. i haven't been crying that hot even for myself so you can see my terminations but it was them when i received the message that. never really tried so hard. in a sign of solidarity she was reluctant chairperson of her union just days after her time in nation. a successful strategy in fighting drug trafficking is to follow the money even better if you could use your nose to do it that's why french police are training their canine pals in cuba to sniff out the cash i get from.
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the police dog she's excited about to 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 changes have a way to keep her mind on the job. a 2nd get them well become as in game because they don't go looking for the toy when she finds its way and then gets a reward when her. in a place 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 oh you know when you're free man my article. to train is hide 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 thora tease take a large bite out of organized crime on the island whether that's related to drugs or money laundering. usually smell is different for example 5 euro wagner's smell much stronger than 500 euro banknotes but the dogs must be able to buy them all. to you to show you suck you off. once the dogs have mastered your race they'll learn how to identify us and canadian dollars to whatever the currency these dogs know how to sniff out or abort. and that's it for me and the business team here in berlin thanks for watching.
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because. going to the conflict zone misadministration which time running out cold brussels on london to get oppressive feel free. to blame on the british system we go she asians 5 our guest this week here in prague a check for melissa thomas patricia he has surprisingly clear differences with the
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government too so so why doesn't he resign so far. when much of europe wanted to kick them out maria microbiome he invited them in. this week islander so most is home to one of the worst pretty g. camps in the mediterranean. but one woman makes life a little better for her new neighbors. meet mummery and the refugees of some. 60 minutes. oh. to be curious. to do it yourself network. for your own next you tube channel. and don't miss out on what's the connection between bread but home and the european
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union dinos guild contests t.w. correspondent and avid baker john stretch this 2nd in line with the rules set by the teachers and talks to me nor. stepping recipes for success strategy that made a difference. baking bread on d.w. . but also in the. front office in the central europe you see massive demonstrations protest demonstrations all for the prime minister to decide whether he won't focus that the size of the buildings in the and define them so far i'll do the story with time running out for brussels in london to get a breath sit deal with climbing through people all the blame on britain if the negotiations fail my guest this week here in prague as the czech foreign minister
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promised patricia he has surprisingly clear differences with the government he so of so why doesn't he resign.

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