tv Business Deutsche Welle October 4, 2019 3:45pm-4:00pm CEST
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usually fall in consumption of hard. and then fizzle and that's to business. leader kerry lamb has evoked emergency powers implementing a full band on facepalm asks prompting even more on wrist protesters took to the streets in opposition of the law which was made under the colonial emergency regulations ordinates the measure allows hong kong's leaders to create new laws that are in the public interest months of civil unrest have row the city and negatively impacted hong kong's economy especially the tourism industry. the violent clashes between protesters and the police are hurting hong kong businesses the number of tourists in the city state plunged 39 percent compared to the same time last year according to official figures dark it was i'm sorry high trees right now business is down by at least half or even more we see our income every day it's really obvious that expenses are the same so the impact is big.
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the number of mainland chinese visitors who account for the majority of tourists in hong kong was down 42 percent in august every sector is affected skirting or save the day you know the 4 used to be like a good for the bonds from users but now it's getting worse and worse so there's probably if these things going on again and again for 5 months i'm going to have to cause now most of them in bars and it's not just the protests hurting business the ongoing us china trade war is also contributing mainland chinese visitors are spending less china's currency the yuan has depreciated against the us dollar august retail sales where the worst on record the current outlook for hong kong is gloomy. now to some of the other business stories making news south korean military a spraying the heavily armed border with. north korea with disinfectant it's part
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of a week long quarantine operation to prevent the spread of african swine fever officials have confirmed 2 new cases of the deadly virus at hog farms near the demilitarized zone. made in china maybe not south korean make a corpse and sound has ended smartphone production in the world's largest market china seoul based conglomerate cites the increasing cost of chinese labor. american p.c. maker h.p. is said to continent 1000 jobs worldwide layoffs a part of attempts to streamline the business and net better results for investors the company showed last lost the sales in the 3rd quarter. the bankruptcy of british tour operator thomas cook has hit home tell you is in greece expect half a 1000000000 euros in lost business spain's tourism industry says it will lose out on 200000000 amount standing bills and cancellations half of that on the popular
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island destination of my ok. the price of the humble good is going crazy drought followed by excessive rains have hit harvests in india one of the world's key produces of the kitchen favorite has banned exports causing shortages across the region 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 credit card not going to your trade or your prices were $10.00 to $15.00 rupees a kilo now they are 50 rupees a kilo i can't afford that. prices have more than tripled in just on and prices hitting consumers where it hurts most everyone here is affected. we have stopped serving on us to our costumers due to high prices maybe the. indian government solution has been to place
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a ban on your exports as of last sunday the vegetable can no longer be sold to other countries and some believe the effort to shore up indians on supply will help . the indian government has done the right thing by prohibiting the export of vanya and this would reduce the price and help buyers. while the ban could change things in india it is hurting neighboring bangladesh and the leading destination for indians on exports in 2018 the fact of the export restriction is already showing and what there she's now have to queue for on eons the country has now started buying the vegetable from other countries including china. is following this story for us from abroad prices a story across south asia 1st of all just explain to our european viewers who may think so what. integrity that onion is to asian cooking.
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you heard it there it's a staple of every in new cooking across south asia so it is ok if i could put it put in an example of filmography something like it's it's not the protagonist in all the means but you know all the things that we cook but it is definitely act an indispensable friend for the hero so why can't you certainly italians i guess and. yeah i think it's pretty close then and the politics of all this is also extremely interesting why is this causing such a nightmare for indian politicians. yeah it is a politically sensitive vegetable because in the past it has actually been blamed for bringing down governments in 1900 the delhi state government was voted out of power because the union prices had skyrocketed it was the saving $980.00 when the coalition government then was brought down and prime minister indira gandhi was
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reinstated after the election so it has had some turbulent past whenever prices have gone up and that's the reason why the politicians are a bit careful especially ahead of the state elections in india but why is the crisis keep repeating itself because i mean there is no intent to find a permanent solution to it there are always these called stop gap measures and it's become a vicious cycle of start because you see the prices go up because of some better visit related event then the government comes and puts restrictions on exports the prices stabilize their new crop comes in the prices go down further that's when the farmers start to get pinched they go to the government for support the government eases restrictions on exports and the prices again go up and after weather related event again the prices go further up and that's when the cycle is repeated there is perhaps a need to break that cycle well give us the solution here our you know expert. well i have looked for answers by talking to experts on this and they tell me
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perhaps a solution is coming up with these modern warehouses and also where you can actually store a means for a longer period of time there it's a parish with good so you dearly need more than their houses and also the fact but as they could encourage the government should encourage of processing value added goods things like the hydrated onions and that could go a long way in helping the farmers as well as keeping the supply in check for the consumers so that they don't have to actually shell out a lot of a lot of money for their beloved onion thank you very much great talking to what is and can be an eye watering topic ashutosh pandey and. u.s. secretary of state mike palm paper says that the united states is still willing to come to the table to discuss the trade. their trade spat with the european union it
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comes near the end of the secretary's 4 nation europeans who are u.s. announced it would impose over $7000000000.00 worth of punitive tariffs and exports including from stars and other consumer goods following a recent w.t.r. ruling over aircraft subsidies by hopes to hold the u.s. talks before the tariffs the shuttle to come into effect later this month. germany's well famous october fest wraps up this weekend looking to list off the mega liters of beer consumed all the mouths of sausage and wagon loads of crispy chicken because i haven't had lunch it instead we're taking a look at the folding popularity of drinking beer among germans which means the brewers rely on you to wrists. these sacks are going to china malted grain from brewing beer from the german town of back company directors have been a via months since more than $3500000.00 sacks of each year more than 80 percent go
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to countries outside the e.u. go and dance in front of a lot of course america is a very interesting growth market with that strong craft beer trend and this trend is spreading to other countries such as brazil argentina and peru the whole south american continent. but also growing in asia taiwan korea and japan everywhere that small groups are starting up and brewing beer creation of. the team here. but before getting to that stage the grain whether barley wheat or runny must 1st be turned into malt to do this it is so for several days then it's dried at high temperature light or dark sweet or bitter every mall is different but it's the crucial element in giving beer its color and aroma. this is good it's made. this year one taste like a strong roasted to spread so perhaps with a hint of dark chocolate that gives it to then of course there are also molds the
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tastes like dried fruit and raises or how about bread like character. you know so whatever taste direction you want your beer to have. a fight for in the 1980 s. and ninety's the major beer firms didn't want specialty molds they wanted it mass produced those were difficult times for the malthouse but via months focused on the niche marc. it and persevered. the southern german town of bamberg regards itself as the capital of beer and it has a lot of breweries it's a centuries old tradition that draws hundreds of thousands of tourists each year. by a man moments is a 140 year old company that's been family own for for generations directors have been a buy a month's recipe for success always put decisions to the test. yeah it's as if that's what i'm i doing it right and my well positioned with 90 different kinds of malt should it be fewer more a my covering important markets i'm missing
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a marcus you really need to keep your eyes and ears open to have everything and cover it up with the. kind of low point of i am on had only 20 employees now they have 260 a historic company has achieved a turnaround through specialization today via man is the global market leader in specialty malts. so that's the 1st great.
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the but. this is the news coming to you live from hong kong as leader invokes emergency powers for the 1st time in more than 15 gatti long vans face masks saying it's necessary to prevent violence during anti-government protests and the chinese room . correspondent for the latest coming up a rising number of refugees arriving in greece to tell her report from inside europe's biggest refugee camp for children.
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