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tv   Business  Deutsche Welle  October 3, 2019 4:45pm-5:01pm CEST

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these things have in common ketchup frozen fish handbags video game consoles bowling alley equipment and electric car racing sets they're all american products on an e.u. list of italia trade tariffs in the case that the u.s. hits europe with you judy the dispute is over the subsidizing of planes which both sides do and a spat could backfire for both job losses in europe price hikes for americans. the fight is heating up between the world's 2 largest aircraft makers for more than a decade the u.s. has accused the e.u. of illegally subsidizing air bus and the world trade organization agreements the e.u. has a countersuit pending with the organization and it is expected that the w t o will soon allow the e.u. to apply tariffs over a legal boeing subsidies but for now sanctions are a one way ticket from october 18th on washington will impose new tariffs on imports from the e.u. 10 percent on aviation products and 25 percent on other industrial and agricultural
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goods the european union stands ready to retaliate. you always defend the free and fair trade based on a level playing field and pretty poor so. we will not be naive. but we were. really and determined to business and if someone is imposing tariffs on the asian sector we'll do exactly the same all sides are now waiting to see what kind of penalties the world trade organization imposes on the u.s. over boeing subsidies. well. is global head of industry research of fish solutions and joins us from london maria i know this is a new escalation in the trade war but pretty bored with this story i mean it's senseless both a guilty and both are going to just what pain on each other. so i would say there is it's important to separate this from the unilateral action
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that the trumpet ministration has taken another instance is specifically to china for instance this is the. world trade organization ruling at the moment so far against airbus which has been in the making and for a decade and a half as you said in your in in your video so this comes at an awkward time it puts the spotlight very much on the u.s. e.u. trade relationship one the white house has been sort of you know examining reexamining. ever since president trump became became president so it's a very sensitive topic but it's actually quite separate to the rest of the policies or the say that the actions that we've seen from the white house that has been in the making for this ruling for for a decade and a half it just comes at a time and put the spotlight back on the u.s. relationship and we'll see what the decides on going early 2020.
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whether or not this is part and parcel of the whole trade war. what's the use of the u.s. why is the u.s. threatening the e.u. with tariffs for something that it does as well. well we'll see as i said we'll have to see what whether that t.o. says about boeing specifically about the americans and the american company in this case and what level if any of. terrorists the europeans are allowed to quote back what we know today is that the b.t.o. told the united states you can quote back up to $7500000000.00 in compensation from europe because of this or unfair competition practices related to airbus if there is a similar ruling on boeing than what we'll see we'll know what that is in the new year but i take your point that this is. you know it's 80 it seems to be both sides are
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accusing each other about on the same day at the moment the europeans i think will patiently wait will not escalate without the w t o ruling. whatever that may be in a few months time so i think at this point the europeans will be patient specifically with this specific. dispute ok we'll have to leave it there marina in the meantime of course businesses accounting costs watching on as this trade war does escalate we will get back to you some other time to see how the europeans react that it be nice. asian markets continued the global slide in stocks on thursday hitting a one month low as a basis for dove a dismal economic data and sought shelter in safer securities japan's nikkei index slumped to pursue it with indexes in southeast asia and australia contributing to the retreat weak manufacturing and hiring down there in the u.s. have spurred the latest jitters the prospect of a new trade conflicts between the u.s.
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and europe is also sending best workers. let's go live to andrea and she's following the markets for us from singapore hello are investors reacting to the specter of new sanctions. well obviously you know there was a turbulent times in a market city asia is not spare and this at this fresh dispute adds to the nervousness of investors to the upcoming washington talks between us and china and all this who call this a risk toxic environment says in this current market traders are better of this instead is this squabble between the u.s. and the e.u. giving the chinese a ticket to the global market long term. well for those who do who don't already know and unfamiliar it's time to get familiar with the name called make or the china commercial aircraft call of china and the french
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finance minister himself warned that this brand this company this aerospace from china is going to knock the socks off boeing and airbus now hold back has the backing of the chinese state fund as well as a partnership with russia via the russians united aircraft call and they've wasted no time at all they've recently unveiled the long haul white body jet and instead called mike has already begun supplying small objects to local kerio like ching to airlines and already begun entering the african market starting with gun thank you very much and very interesting stuff. for europe's top court has ruled the governments can order face spoke to police and remove content to term and to be illegal well wide its landmark ruling that has also gonna the criticism the decision by the european court of justice is spot concerns that it could be misused allowing authoritarian regimes to silence critics by declaring their posts or
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comments illegal the case behind the ruling stem from an austrian politician who sued facebook to remove offensive comments. that are some of the other business stories making news a year after the crash of a boeing 737 max in ethiopia and another in malaysia a u.s. panel has subpoenaed an engineer who says the plane maker rejected a safety system for its planes and convince regulators to relax safety standards. and you recall the tesla electric car like it to live its 97000 vehicles in the past quarter the number still fall short of guidelines set by c.e.o. we don't last on wall street the company store a 6 percent slump its share price. and microsoft is producing hardware again unveiling its new surface line it includes laptops and a jewel screen mobile device as well as an alternative to rival apple's app or if it's a bar that should be out by christmas. it's
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a bit slow on the uptake did the malays know bold in the jobs obviously they did a malaysian group recently bought a raft of shipyards to build big boats and then now cashing in on a cruise boom fueled by the chinese. it may not look ship shape yet but you can already make up to 20 huge decks this colossus will hold 9500 passengers who will cover the long distances on deck with treadmills and escalators to haul almost fills the dry dock in which it's being built. you have you all to give up the day we took up the whole of the dry dock with the 54 metres. that's the main challenge the sheer size and the amount of equipment that needs to be installed you know it was full on but using. around $60000.00 tons of steel were used which is 6 times as much as the eiffel tower in paris everything is so much
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bigger than on traditional cruise ships including the cabins the bessel is targeted to chinese customers and 4 people will often share a room. isn't on there already fitted they're a bit larger than normal cabins that's a characteristic of the ship overall that there's plenty of room in the cabinets that's an increase of hercules. the cabins are built on a production line wiring electrical fishings and furniture everything is preassembled online. and production in bismarck began with the smaller cabins for the crew passenger cabin started later and they are twice as big the doors can only be opened by smartphone. from the nazi outten as it does indeed the asians are a bit different that way people are more open to technology also as far as older people are concerned they're all smartphone friendly which is hardly anyone in china who doesn't do everything with their smartphone it's all state of the art.
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designers referred to a raft of chinese market research when fishing at the cabins they put in voice controlled equipment and variable lighting for passengers who want tea or soup noodles their hot water dispensers in the corridors just like in china. we have a lot of passengers on board and not all will eat in the restaurant many will go to the supermarket to buy food to eat in their cabin so we assume people will be spending much more time in the cabin of that could mean for. the installation of the $3700.00 cabins on board is on a tight schedule the construction of a 2nd identical ship will start in december already we learn from our mistakes we often sit down and talk to each other about what we can do better on the 2nd ship and what we can do to get things done faster. than the giant cruise ship is due to set sail in the spring of 2021 to cater for chinese tastes it will make short 3 to 5 day trips over great distances with only brief stays on land. and finally
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a big happy birthday. of one of the capital's most famous landmarks open exactly 50 years ago the 368 made a structure is germany's highest building and a major tourist site attracting around a 1000000 visitors every year if not to a viewing platform and a spinning restaurant but the tower is still mainly used for its original purpose broadcasting analog and digital t.v. and radio signals for dozens of stations. lies in business with you.
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cut.
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when much of europe wanted to kick them out maria microbiome he invited them in. to freak island just so most is home to one of the worst pretty she can see in the mediterranean. but one woman makes life a little better for her new neighbors. meet mummery and the refugees of some. 30 minutes on d w. 13 after the fall of the berlin wall nov 9th on d w. w.'s talk show. stronger than the
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clear positions from the international perspective. every week we get to the point of the current topic. the been. committed to the book to this point. in the book. where he says. when your family scattered across the globe. it's a good to listen to the book turning back to the troops we should get my money the bush family from somalia live around the world. needed urgent assistance for. family starts october and on t.w. .
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good thing. the dog. this is the w.'s live from but not if wielding attacker kills 4 police officers in the hottest potus they are silent went on the rampage inside the city's historic police headquarters before being shot dead by police will bring you a live update from the french capital also on the program germany celebrates re-unification day chancellor merkel says the decades long process has been a success but there is still more to do. to 9 years of genuine reunification yet also means being aware of the fact that many techniques eastern.

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