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tv   Business  Deutsche Welle  October 9, 2019 5:15am-5:30am CEST

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at the top off the outer course you can always get the latest around the clock on our website that is get up any dot com thanks for watching and ceasing. birth. home 2 moves of species. a home worth saving. those are big changes and most start with small steps. to do is tell stories of creative people and innovative projects around the world. news that could turn the clinician goosed drainage system shows and the 1st edition . to interactive content teaching the next generation doesn't want to touch it.
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using the channels available to people to take action and where to turn into doing something new for the next generation. the environment series of global $3000.00 on d w and online. cut. us ads dozens of chinese companies to its export blacklist just days before the latest trade talks between the 2 sides began so what could it mean for negotiations. also on the show both sides in the china in be a just few to gain in the asian power of the world's top basketball really live without one another. in this business report i'm stephen beard zimbra lead thanks for joining us. united states has added a further 28 companies to an export blacklist saying the firms have all been
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involved in the persecution of muslim minorities in china beijing with swift response signaling it will hit back as comes just 2 days before u.s. china trade talks are set to resume aimed at ending a protracted terror for the timing couldn't be worse the u.s. targets 28 chinese firms in its new blacklist this week but says it has nothing to do with the trade talks with beijing on thursday washington alleges the company's helped china suppress ethnic and mostly muslim minorities in what amounts to a police state and she jiang and beijing has issued a stern rebuke. me a phone there is no such thing as the so-called human rights problem as alleged by the united states he accusation is nothing but a deliberate pretext created by the united states to interfere in china's internal affairs. for its part the u.s.
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says it keeps human rights and economic concerns separate but it is reported to have previously shelved releasing information that would have shown a light on chinese abuses for fear of derailing negotiations the decision to announce the allegations this week has done little to ease tensions between the world's 2 largest economies. and for more on this let's go to our financial correspondent in new york against quarter yes the u.s. says that this latest news this latest addition to the export blacklist should not affect the upcoming trade negotiations what are markets say. well it's hard to imagine that the trade talks will not do you a love for all the latest news by the way we also heard that there will be visa restrictions on some chinese officials and the stock market here quite a bit we saw chips losing 300 points and we basically did see
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some of the stocks that are in the midst of those trade disputes that lost the most . years this is the 13th round of negotiations between the u.s. and china if i have that correct what are investors expecting from this round if anything. while in the best case the 2 sides will continue talking and the next round of new terror of said are supposed to kick in in a couple of days can be heard maybe there might be also some agreement of loosening some tariffs but there does seem pretty unlikely at this point and if you look at some of the big tech companies for example here in the u.s. they're not allowed to do business with some of those chinese companies and then also we could see action from the chinese side as well so at this point it doesn't really look very likely that we will get any kind of
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a big deal and we shouldn't forget it's not just about the tariffs it's about. identity it's about. many many other issues it's about some subsidies from the chinese government to chinese corporations so there's a lot on the table and as i said in the best case at least the next round of new terrorists can be averted but that does not seem that likely at this point. in support of the force of wall street thank you. now to another dispute involving china the one of the n.b.a. america's lucrative professional basketball league that's fat escalated on tuesday as both sides defended their position following a tweet over the protests in hong kong. i can't even think with the chinese government censoring everything i write. south park is mocking china chinese censors deleted clips of the comedy central show after an episode made fun of hollywood's efforts to please beijing the creators of the show much stone and trey
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parker tweeted a mocking apology like the n.b.a. we welcome the chinese senses into our homes and into our hearts we too love money more than freedom and democracy china's state broadcaster c.c.t.v. has opted not to wear any n.b.a. games this week that includes popular contests with the l.a. lakers and brooklyn nets the decision came after n.b.a. commissioner adam silver declined to apologize for the houston rockets general manager daryl morey tweets which supported the hong kong protesters. the long held values of the n.b.a. are to support freedom of expression and certainly freedom of expression by members of the n.b.a. community and in this case there are more as the general manager of the houston rockets enjoys that right as one of our employees business magazine fulp says n.b.a. china is worth more than full $1000000000.00 and there are more basketball fans in
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china as well than in the u.s. meaning both sides have plenty to lose from a protracted fight thing in asia the hong kong stock exchange dropped its unsolicited bid for the london boards on tuesday it had offered $39000000000.00 u.s. dollars for the l.s.e. group and a surprise approach made last month. in a statement the hong kong exchange said it was disappointed that it was unable to engage with the management of the l.s.e. the offer had threatened to up in the elysees own $27000000000.00 plan to buy data and analytics company refine it is. a saying in asia samsung electronics is expecting operating profits to drop more than 56 percent in the 3rd quarter down to $6400000000.00 that's a stark reversal from the same period last year when the company posted record results south korean tech giant cited sluggish global demand for computer chips but
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it's not all doom and gloom analysts expect the markets recover as the next generation networks are rolled out. crystal. isn't mincing words a new head of the international monetary fund warned in her 1st speech that trade wars geo political tensions and brags that could all lead to broken supply chains and thereby compromise global growth the consequences she said would still be felt in a generation trade conflicts are causing widespread lasting damage that's according to the i.m.f. incoming managing director christina given she fears they could shrink the global economy by $700000000000.00 or 0.8 percent of g.d.p. next year between. to date even more of the world economy is moving to see but unfortunately this growth is celebrating to be precise in 2019 we expect
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slower growth in nearly 90 percent of the worlds in other words the world economy is now in synchronized slowdown. the former world bank chief went on to say the looming crisis requires a coordinated response to tackle what she called the most serious threat since the global financial crisis a decade ago in the event of a major economic downturn the i.m.f. expects many companies to fail $1000.00 trillion dollars of corporate debt could then be at risk of default the fund is especially urging strong economies like germany the netherlands and south korea to increase government spending to help boost demand in stimulate growth but says that kind of stimulus is not appropriate for all countries because so many already have record high levels of public debt.
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have you ever heard of the cool new a wall it's very fine and stems from a relative of the alpaca and the south american and deeds the wall is valuable with the water running about 2500 dollars that makes it big business for the villagers the produce that take a look at the people of san juan de taro county are gearing up for a day of hunting but they won't harm a single hair on the head of the coon yes who live here in the peruvian highlands almost 5000 meters above sea level. the here check you or bryant up ritual is about gathering the will of the wild animal one kilogram can earn you almost 700 euro's you need to shear 3 or 4 of the coon years to get that much. since the time of the incas the chuck of the vicar news has been conducted to share the news and you know that the will of the bacon year is the finest in the world that's why
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the community is organized into an association we've been working since 2001. during the time of the in cuz there were millions of the by 1965 there were almost extinct efforts to preserve the creature have increased the number to over 200000 protecting the yes which are related to llamas and alpacas has become big business the world trade organization says sales have risen almost 80 percent in the past 10 years peru alone sold 28 tons of the wool during that time to places like italy in this shop in lima a jacket made from certified will cost more than $9000.00 euros. this certificate with its number gives you traceability it's a designation which tracks the fiber from its departure sharing to the final end product. for the 80 or so inhabitants of san juan to
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taricani it's not just cheering the wild yes that's good business chuck you ceremony also attracts tourists to the remote area. the visitors can rarely afford garments made for cooney a wall but they're also interested in products made of all pocket or llama wool which the highlanders have also made themselves. and that's it for me in the business and of course find out more about these and other stories online at www dot com slash business i'm stephen beers in berlin thanks for watching.
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the rain forests in ivory coast are threatened by illegal logging to make room for lucrative cocoa plantations. but a new has the potential to resolve the conflict it's allowed the set up of conservation areas and distributing fertile land to farmers. next. goodbye's saw such
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a low bridge. being changes or annoying in the food industry. or the major food companies changing to meet new demand. nevertheless meat consumption really helped the environment. as we explored germany. made in germany 60 minutes on d. w. . and germany with t.w. any time any place. news video never. had the benefit of pop. songs to sing along to downloads so you can still come
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from super good seats to be able to. have varied courses funded into active exercises are you talking about i d w dot com a slash don't plan on facebook in the app store. and german for free but the devil you. know. hello everybody and welcome to the latest edition of eco africa now it's the show it's got in lagos nigeria it's nice to have you with us we have a lot of new reports from europe and africa on things people are doing to talk.

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