tv Business Deutsche Welle October 10, 2019 11:15pm-11:31pm CEST
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and explore. to celebrate comics on the phone while it's 250 the 1st day were embarking on a voyage of discovery. expedition voyage on g.w. . could 13 be the lucky number for us china trade talks negotiations are meeting for the 13th time but most investors and analysts are pessimistic about a breakthrough we'll give you the details. also on the show are india's team plantations exploiting workers british aid organization oxfam thinks so and is pushing governments and retailers to take action. we'll take you to kashmir where business inter ism are barely hanging on after an indian crackdown. and we need
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a cattle rancher in brazil who believes trees are a better long term investment than pasture. this is a business report i'm stephen beard's in the lead thanks for joining us u.s. president donald trump says he'll meet with top chinese negotiators on friday as the 2 sides enter the 13th round of trade talks hopes are muted for a grand bargain although investors would like to see a reversal of plans u.s. import tariffs scheduled to hit next week and again in december the trade dispute between the world's 2 largest economies has spread uncertainty across the globe and contributed to a larger economic slowdown. and let's go to our financial correspondent in new york he ends quarter for more on this now yes from an investor perspective what exactly does success look like in these trade talks well i mean certainly investors are hoping that we won't see an escalation of trade disputes but if you
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look at it realistically and at the real economy if you look at the big u.s. corporation they will probably have to live with the uncertainty because china is not going to change their industry strategy overall meaning for example that there will be subsidies for chinese corporations and that means a whole lot of uncertainty for the u.s. corporations we have some examples for example from just announced this week that they will pull some of their supply chains out of china so this is not going to change anytime soon no matter how the trade talks will end you know yes the u.s. began this trade war focus not just on this trade deficit but of course on technology theft intellectual property market access are those goals now left by the wayside to focus on things like soybean purchases. yeah it seems that way all
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we are talking about is that next week we will see another round of tariff increases from the u.s. that are planned for next week. yes china might be willing to offer to buy some more soybeans and other agricultural products but the big topics the theft of intellectual property the support for chinese companies out of beijing all of those issues will probably not change at this point and then briefly how exactly can investors position themselves in such an environment we're never really sure where this is going well i mean. daily basis that's what we've seen in the past couple of weeks and that's probably also what we're going to see looking ahead at least for now there is some optimism we heard after the talks here on thursday that the u.s. president donald trump is quoted saying that the talks negotiations have gone
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nicely so let's wait and see what happens now on friday when trump is meeting with the chinese vice and then see if there is some good news but unfortunately this topic is going to stick with us for quite some time i believe your corrections korda keep going i'll be around 13 a trade to go create trade negotiations rather from new york thank you. all right reuters reports that apple c.e.o. tim cook has defended the company's decision to remove a police tracking app used in hong kong the cook says the company made the decision after received credible information that had been used maliciously to target individual police officers and that means it violated hong kong law and thereby broke the app store rules apple's face criticism for moving the app with some saying it was bowing to pressure from beijing. u.k. prime minister boris johnson and irish premier li overawed carsey of bragg's
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a deal could be possible after meeting thursday businesses are certainly hoping that's the case japanese carmaker nissan which operates the u.s. the u.k. his biggest auto factory has examined a host of breakfast scenarios and it warns that a disorderly brags that would mean tariffs of 10 percent and that in turn would jeopardize the european business model built on no tariffs he's on made nearly a 3rd of the one and a half 1000000 cars produced in the u.k. last year. a new study by aid organization oxfam sharply criticizes the working conditions on india's t plantations the organization demands the german government hold its companies accountable for human rights violations in their supply chains that's an issue that affects not just tea producers tea on this plantation in assam is being picked in record time more than half of india's t.v. production comes from this region potato organization oxfam says many of the
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millions of indians working in the industry do so under appalling conditions around hof get ill because of polluted water what small without protective clothing many are exposed to toxic pesticides and the pay is often terrible. a look at where the money for tea go gives an indication why only 1.4 percent of the price paid for a packet of assam tea in for example a german supermarket goes to work as in india produces exporters and importers each take their share and at the other end of the supply chain the retailers and supermarkets make huge profits more than 86 percent of the final price paid for the tea goes to them oxfam interviewed more than 500 people in the assam plantations he says well parts of the world enjoy their tea and cake many of the workers here are going hungry. and staying in south asia india has lifted an
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advisory travel warning for kashmir the delhi government locked down the region in august by stripping its special status instituting curfews and shutting down many telecommunications the regional says it's open to tourists again but with many restrictions still in place it could be a tough sell. the tourist boats once again playa kashmir's famous lake. but trade is. the troops and razor wire roadblocks have largely disappeared but the army is still blocking the communications networks. yeah i the tourists weren't leaving on their own the police force them to leave now they're saying the tourists can come back. but there are no facilities for them here there's no internet the phones don't work. and there's no transport.
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visitors are slowly filtering back but most businesses and restaurants are still shut that's a blow to the 700000 kashmiris dependent on tourist income there's also a shortage of skilled labor has some 400000 migrant workers have left since the lockdown began the kashmir chamber of commerce and industry estimates india's military lockdown has cost the muslim majority region's economy nearly wanted a half $1000000000.00 in 2 months. over latin america now the fires that swept through bolivia and brazil in recent months could hurt the very farmers who might use that land reducing the rainfall they depend upon to keep grass is growing and cattle fed most cattle ranchers of course advocate for fewer trees and more pasture but some are thinking differently mound row is a large landowner and proud cattle baron in the 3rd generation. from the back of his mule he rules is gigantic ranch in the brazilian state of power rock on the
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amazon and yet he's different to other brazilian ranchers he wants to preserve the rain forest. just. this myth that cutting down more will make it grow more is ridiculous instead we have to increase our productivity on the land we already have. the humps of the zebu cattle rise out of the tall grass that maduro has planted for them he fertilize the soil and changes pastures every few days in this way he can feed 4 times as many cattle on the same area as his colleagues it was followed i think the lack of knowledge is one reason why it's so hard to change the way we raise cattle and comfort if you want to improve you have to leave your comfort zone and not many people want to do that for morrow wants to convince the other ranchers at a lecture in the city but interest is limited many of his peers are doubtful some
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even see him as a traitor but today a member of parliament came from the capitol to attend the lecture. most people looked at me like i was a comic book figure but the congressman asked me if i had a copy of the presentation and i said not only that i have a farm that i can show you why don't you just stop by. back on the farm shows us how he creates new forest he plants fast growing trees the wood of which is very valuable. and even if he cuts them down for profit in a few years a new piece of rain forest will have been created here in the protective shade of the fast growing trees the natural fars can gradually spread out until then power plants are nutritious type of grass here for his cattle he earns money and at the same time he cultivates the biological diversity of the amazon.
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nobody in the world produces meat in such a unique environment we have to take good care of our forests because it also increases the value of our products. he tells us that in the end an intact rain forest is simply better for business now moreover hopes that as president joe you're both sonar oh and the other cattle ranchers will come to understand that too . and that's it for me and the business team you can of course find out more about these and other stories online a d w dot com slash business i'm stephen there's a bill that's watching.
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with different languages we fight for different things that's fine but we all stick up for freedom freedom of speech and freedom of press. giving freedom of choice global news that matters. made for minds. education is not only fault i'm glad i'm an educator and his father and palmer but i'm sure that incoming 1015 years the lord of the 10th of alt how true in colcord devalues off color and. mutual understanding these things cannot be ignored for ever because the fundamentalist forces and the fanatic forces are also acting very deeply and intensely and they cannot undermine their power the power of communication and get power of technology ordinary people who must not model who
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support them must not socialism or that the international community has to invest more on the education which can prevent young people to enter into the trap of telling the forces. you know. this as did every news africa coming up the death penalty in south africa receives growing calls to be reinstated would fall into crime claiming nearly 60 lives a day this a rising outcry for capital punishment but it's stuff the recipe for justice also coming out. young on the block not to call on profile your respect of the top states politician in germany but i'm an author to it is just that she joined us in the studio. on the fire.
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