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tv   Business  Deutsche Welle  October 4, 2019 6:45pm-7:01pm CEST

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till you really fall in consumption of cars. and then fizzle an extra business. carry lamb has about to merge and powers implementing a full band on face masks prompting even more unrest protesters took to the streets in opposition of the law which was made under the colonial emergency regulations ordinates the measure allows home calls leader to create new laws that are in the public interest months of civil unrest have rocked 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 you've got the muslims are you high 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. the number
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of mainland chinese visitors who account for the majority of tourists in hong kong was down 42 percent in august every sector is affected skating or save the day you know before used to be like a good for the us from this but now it's getting worse and worse so it's probably if these things going on again and again for 5 months i'm going to have to because 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 u.s. dollar august's 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 is spraying the heavily armed. border with north korea with disinfectant
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it's part 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 are part of attempts to streamline the business and net better results for investors companies showed lackluster sales in the 3rd quarter. the bankruptcy of british tour operator thomas cook as head hotel years in greece expect half a 1000000000 euros in lost business spain's tourism industry says it will lose out on 200000000 from outstanding bills and cancellations half of that on the popular
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island destination of michael kay. the price of the humble onion is going crazy droughts followed by excessive rains have hit harvests hard in india one of the world's key produces of the kitchen favor it 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. 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. prices have more than tripled in just on and prices hitting consumers where it hurts most everyone here is affected. yeah you get it about but again we have stopped serving on us to our cost him was due to high prices. the indian government
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solution has been to place 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 indians on the supply will help. the indian 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 indians on exports in 2018 the fact of the export restriction is already showing and ladette she's now have to queue for on eons the country has now started buying the vegetables from other countries including china. as it is following this story for us from brand 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. an indispensable friend for the hero so why can't you certainly italians 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 onion prices had style rocketed it is the same in 1980 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 sorts 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 expert. i
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have looked for answers by talking to experts on this and they tell me perhaps the solution is coming up with these modern warehouses and also you can actually store a need for a longer period of time there it's a parish with good so you'd really need more than their houses and also the fact perhaps they could encourage the government should encourage a 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 pundit in both. u.s. secretary of state mike palm payors 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 european tour u.s. announced it would impose over $7000000000.00 worth of punitive tariffs on e.u. exports including food stamps and other consumer goods following a recent w.t.r. ruling over aircraft subsidies of bio hopes to hold the u.s. talks before the tariffs a judge will 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 molten grain for brewing beer from the german town of back company directors of being a vial month sells more than $3500000.00 sacks of each year more than 80 percent go
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to countries outside the e.u. go i'm dancing for sunday about march and of course america is a very interesting growth market with a 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 fruits are starting up and brewing beer creation of. the i t. here. but before getting to that stage the grain whether barley wheat or ronnie must 1st be turned into malt to do this it is so cursed several days then it's dried at high temperature light or dark sweet or bitter every malt is different but it's the crucial element in giving beer its color and aroma. this is good it's made . this year but tastes like a strong roasted this press so perhaps with a hint of dark chocolate. it's not so then of course there are also molds the taste
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like dried fruit and races or how about bread like character. you know so whatever taste direction you want your peers to have. or 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 most house but via month 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. is a 140 year old company that's been family own for 4 generations directors of the in a recipe for success always put decisions to the test. yeah this is least expensive i'm i doing it rice and i well positioned with 90 different kinds of malt should it be fewer more my covering important markets i'm missing in markets you really need
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to keep your eyes and ears open to have everything coverage so that. at its low point of i am on had only 20 employees now they have 260 the historic company has achieved a turnaround through specialization today via mon is the global market leader in specialty malts. so that's the 1st. business for.
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this is a dublin years live from berlin to demonstrate his return to the streets of hong kong even as the government invokes emergency powers thousands of protesters for faces covered come out in defiance of a new ban on face masks the government of the chinese territory has threatened to take a hotline if for months the violent protests do not act also on the program. with an increasing number of refugees arriving in grace through turkey d.w. reports from inside europe's biggest refugee camp the children are growing up in tents and.

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