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tv   Business  Deutsche Welle  October 4, 2019 12:30pm-12:46pm CEST

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don't tell me that he was into them don't tell me that there is he never wrote. and the torture come off in the morning blame him. revealed the scene for a few houses. the problems. starts october 11th on enough. off the w.c. oh as allow the us to slap tariffs on aircraft and all of all from europe germany's foreign minister says the e.u. will hit back but that's easier said than done and now his american counterpart mike compares extending an olive branch saying the u.s. is ready to toll. until we have a well on the in crisis on our hands don't laugh all of a sudden down
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a major producer india has even stopped exports altogether. else on the show new yorkers can now hail a flight with a smartphone offering helicopter transfers between 1000 country of chaos forcing a crisis do not compare with a. position d.w. business. as welcome u.s. secretary of state might pump ala says that the united states is still willing to come to the table to discuss trade with the european union the overtures comes near the end of the secretary's 4 nation european tour the u.s. announced it would impose over $7000000000.00 worth of punitive tariffs on e.u. exports including foodstuffs and other consumer goods following a recent poll ruling over subsidies from pale hopes to hold e.u. u.s. talks before the tariffs are scheduled to come into effect and that's later this
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month. the view from brussels on this and our correspondent band leader is standing by ben in light of these latest developments how likely is it that the next round of tariffs and counter-terrorist can be averted are not only the american side also the european side is ready to talk to sit down at a table and to negotiate but time is of the essence as you mentioned in only 14 days the u.s. terrorists will kick in and make planes more expensive in the united states it is not clear if it will happen because this dispute is running for 15 years now so it's not very likely that they're able to find a solution in the next 14 days but the will also has some leverage on its hand because they also have a verdict from the w do w t o is saying that also boeing got subsidies which were illegal and they are now waiting for the w t
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o to give green light to slip tariffs on the americans so that it would be a tit for tat and it would be logical to sit down and to for try to find a settlement but in the times of trump trade it was you never know what will happen next yeah it would be logical but there's also an emotional side to this i mean what's the prevailing mood that in brussels is the e.u. people tired of dancing to the whistle of the white house in terms of trade. yes they are and if they could they would of course kick his behind as soon as they can but this is not how trade policy works of course so the american the american economy is much to big to kick them and the leverage they have is huge you have to keep in mind that they already steal terrors in place and countermeasures from the european union and the big tariffs looming don't trump the president is always threatening to do that now i know when the next deadline in this could really hurt
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the car industry in europe and also in germany badly get that from brussels thank you after the bankruptcy of a british travel operator thomas cook fallout is being noticed across the mediterranean hotel is in greece alone are expecting around half a 1000000000 euros in lost business spain's tourism industry also says it will lose out on $200000000.00 euros half of that on the popular island just a national my or her alone has come from outstanding bills not paid by the insolvent thomas cook group as well as people canceling their trips altogether for told. us about how on the air is big business it's rich and. dietary 5 a protein folic acid vitamin c. no wonder it is indispensable to kitchens across the globe but this season the
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onion market isn't turmel his specially in india i want to the world's leading on the and produces selling over 9000000 tonnes of the stuff last year but this year the harvest has been hit by a 12 punch of drought and then excessive rain the indian government banned on the exports altogether as a result tightening supply further driving up prices. on young is an ingredient in several recipes across south asia and in almost every dish in india but much of the crop was destroyed during the monsoon season. lot of time god got to your face going prices were 10 to 15 rupees a kilo now they are 50 rupees a kilo i can't afford that. kind of work you know prices have more than tripled in just prices hitting consumers where it hurts most everyone here is affected. get it all but again we have stopped serving on us to our customers due to high prices. the indian government solution has been to place
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a ban on young exports as of last sunday the vegetable can no longer be sold to other countries and some believe the effort to shore up india's onion supply will help. that out of it is that of a look at the engine government has done the right thing by prohibiting the export of vanya and this will reduce the price and help buyers. while the ban could change things in india it is hurting neighboring bangladesh the leading destination for india's on exports in 2018 the fact of the export restrictions is already showing and what death she is now have to queue for on eons the country has now started buying the vegetables from other countries including china. upon the locals deeper into this story and joins me now on is an only big business there are also a political hot potato in india why is that. well you get out as you heard
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in that story it is a staple in indian kitchens and and that's makes it really politically sensitive a vegetable arguably the most politically sensitive vegetable in india and there have been examples where it has actually led to the fall of governments the one that comes to my mind was is and is the case in 1980 when the delhi state government was actually wanted out of power when the onion prices skyrocketed and they have been other instances one in of course 980 when prime minister indira gandhi was watered back to power when the coalition government then lost because of and in prices you just you just mentioned it it's not the 1st time this happened critics say it's a vicious cycle in part coming from misguided government policies what are these policies well it is indeed a familiar cycle because see the prices go up when there is some weather related event the government steps in it goes and actually puts
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a restriction on exports prices stabilized and prices actually cool down when new crop comes in that's when the farmers get what'd they go and as the government to support them and the government then easily distinctions and exports and then bid for another bad weather pattern and then the prices again shoot up and this i get on to news experts say that this cycle needs to break and that's when the this is just that the government but haps should look at building modern very houses and controlled supply that would be used when you have enough supply and it is a perishable goods that you need more than store their houses and unfortunately they are not enough and the other thing that they suggest is perhaps. looking at value added goods and things like the high just on the and so all this for this you need infrastructure and they can be created close to where they are and there is a growing processing plant and warehouses something that the experts say definitely suggest. this not only affecting india is its briefly if you.
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absolutely not it's affecting the entire neighborhood for now of bangladesh as you heard in that story in a part she longa u.a.e. there are many ex-pats there who would really relish in their indian onions and they are also suffering within ours of that announcement on sunday of the export ban the prices across these markets actually shot up as to. date of your business thank you very much brian telling company technologies is taking to the air in new york city where users with a little cash to spec a notebook helicopter flights the company says flights between loman happen and john f. kennedy international airport is available to all over users and bookable in the app passengers can bring along a small suitcase and have to watch a safety video before takeoff similar to that on a plane. many commuters and travelers have been turning to ride sharing companies to save money or for convenience now they can escape the gridlock on the ground by
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taking to the air tuber technologies is hoping to fill a market niche in new york city with helicopter rides to and from john f. kennedy airport. you know we look at where there is demand we do a lot of trips to the airport from manhattan right now and so 'd we know there's a there's a lot of demand to get from manhattan to j.f.k. and and back both ways and so we think this is a perfect opportunity to really provide value to our riders in a way to get to j.f.k. even faster than they can now. claims the service is intended to reduce travel time but one reporter said a trip from midtown to the airport took 70 minutes including a subway and then nuber ride somewhere to the travel time for a car in moderate traffic. goober hopes its new service will help pave the way for air a taxi service of electric vertical takeoff and landing aircraft it will be able to
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operate on a wider range of routes with seamless connections between cars and helicopters. what we're focused on is what we do really well which is operations and technology and so creating the platform of this multi-modal service that connects you from you know the 1st mile car whatever that might be getting to the sky port in the future the whole port now that flight portion and then the last part of it we're getting from that last mile border skyport to your final destination where the once you can kind of pull all that together and we're uniquely positioned as mover to basically solve that really complex problem the helicopter service isn't for bargain hunters the roughly 8 minute flight will cost between 20225 dollars one way but that does include ground transportation. now have a look at this. painting it's by the world's best known unknown artist is called banksy and this painting is fetched
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a rather unexpected records some action the piece called it devolved parliament features members of the u.k.'s parliament as bickering shim pansy was suspect it's to fetch around 2000000 euros when it went under the hammer bombs satirical work ended up selling for around 12 in the us it's a new best for work from the elusive hottest banks. and that's it from me in the business to berlin rather stay tunes d.w. culture problem is in stride after all quick update on global markets that's what.
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i'm secure in the volume or not and in the end it's a me you're not allowed to stay here anymore we will send you that. are you familiar with this. smugglers will lie and said. what's your story ready. i'm working i was
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a women especially in victims of violence. take part and send us your story you are trying always to understand this new culture. another visitor and i think you want to become citizens. in full migrants your platform for reliable information. about a bit of. a life spent in opposition to the berlin wall good and german rock legend peter and a vocal critic of the division in germany. we caught up with him in 96 with a peaceful revolution against the east german regime began in the autumn of 1989.
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nights it is also hosting an exhibition devoted to lifting that's i think works and personal history. i'm in the lives of the museum of it's for a very special exhibition special because of the artist who's right here because he's actually better known as the legend of german rock music and i don't use that word legend lightly because this man has a strode to the german rock scene for nearly 50 yes 50 years lindeberg welcome thank you italians head and young to absolutely do a my 1st question is here you are in your 8th decade playing to stadium yeah the biggest audiences ever would suit him to as you know they all love you know the money will close well show you know they carry is through the
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shoot 230000. is still the same old yeah yeah.

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