tv Business Deutsche Welle October 14, 2019 10:30am-10:45am CEST
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it's a personal device it's about topics that affect us all want to finish climate change and the turn. only dreams and check out. the clock is ticking on terrorists this friday the us will hit the us sports with duties of $7500000000.00 and brussels is preparing to hit right back and a tray full of planes from boeing and airbus still be averted. and germany allows its 5 g. operators to use one way technology could pave the way for more leniency towards the chinese supplier in europe. and beating the downturn greek style how 3 young
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mothers became the most successful founders interest. this is to get your business i'm good how alphas in berlin well come. all the food you see right behind me here is from europe it's pasta red wine cheese but all these european products will be hit by 25 percent of tariffs in the u.s. from friday making them more expensive for americans than studio decision by the world trade organization in geneva it's set that the u.s. can impose countermeasures to the e use illegal subsidies at a special w t o meeting later today in geneva the us is presenting a list of e.u. products including promise and cheese and how starting on friday higher duties will have to be paid for these goods to be imported to the u.s. and it won't be cheap the video has allowed tariffs of $7500000000.00 over the highest highs. ever allowed by the deputy oil and arrived at the top of the list
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of planes which the us will hit with 10 percent duties and that's what the whole fight was about in the 1st place you subsidies for the european plane maker ab bus but you will not take a leave will last the announce that it has itself complained to the w t o over us subsidies for boeing and is expecting to get them into your permission to slap tariffs on u.s. products in return. let's bring in martin abramoff he's an economist from the evil institute in munich and joins us now from there can this latest round of the u.s. tariffs on e.u. products can still be averted that could be averted in the trumpet ministration in the past has shown several times the 1st ones to impose duty is on products from from foreign states and later wants to negotiate how to
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reduce them again so i think we will see some pujas and then we also will see negotiations about how to lower the. no later than what else can the can the e.u. offer the americans as a peace offering if you will. 1st of all we have to acknowledge that the u.s. response was quite moderate w.t. 0 allowed them to impose 100 percent uterus and they chose to only impose $25.00 or 10 percent which is that is quite moderate and i think that's a base for negotiations 1st of all the e.u. should offer to reduce or remove all subsidies to address in response that you us also lowers their subsidies to boeing and secondly and that is what we see why so many and i recall truck products are on the list you should also. offer a free trade agreement to the us that not only includes industrial products but also agricultural products that was
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a dispute that goes on since one you know. totally disputes going on for a long time that particular fight that we're talking about between state support for boeing and airbus that has gone on for 15 years is that is that to be seen separate from all the other trade tensions going on. yes i would i would say so. us now is fully in line with w t o law it complies with the w.t. old rules and you was here actually on the wrong side while it w t o law illegally subsidized air bus does must and no yes we have seen this for 15 years now on both sides of the atlantic it's not just the us also the us but i think these are the leading. manufacturers and they should 1st of all lower their subsidies and then other countries like brazil and canada might also follow to lower subsidies to deviation industry that would be really important if we look at
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how the the trump administration is handling this particular trade conflict would it have been different i mean did the trade convey as we just learned has goes back 15 years would it have been different had the differently and under the bush of the obama administration see reckon. in this very topic a don't think so and as i just mentioned the u.s. response was quite moderate that is in contrast to what the trumpet ministration international trade usually does but yeah we have to see this dispute also in the generally very hostile environment in international trade so it makes it difficult to reach an agreement but i think it's still feasible and we also have to see it as one of the normal disputes that goes on even among friendly states not embalm of the commas for the institute in munich joining us from there this morning thank you
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very much. china's imports and exports fell by more than analysts expected in september official government data showed flagging demand at home and abroad weighing on the world's 2nd largest economy china's global exports dropped to the point 2 percent in september while imports are down 8.5 percent it's a sign of just how much china needs a deal in the current trade war with the u.s. exports to the u.s. were down more than a quarter and the e.u. replaced the u.s. as china's top trading. country feeling the pain of the u.s. china trade war is the southeast asian financial help that is singapore which has east monitor policy for the 1st time in more than 3 years the export reliant economy narrowly avoided recession in the 3rd quarter monetary authority of singapore will allow the local dollar to weaken slightly so it will use its
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currency to manage monetary policy rather than interest rates central banks around the world are loosening policy as fears mount of a global economic slowdown. the chinese network supply a way is allowed to supply components for a new 5 g. mobile network in germany that's according to a paper from german regulators leaks to the hundreds but newspaper several countries including the u.s. japan and australia have imposed blocks on where they fear that mobile phone components from what way could be used for a spin you know it's been us by the chinese government germany had also initially discussed the clause that would have blocked 2 hours are says to the mark. and for more this we're going to our financial correspondent audie bonsa standing by in frankfurt only does germany now trust far away would simply realize they need
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the chinese company as a supply of technology. they need while way as a supplier of this technology i don't think there's any more trust and there was before and of course 5 g. technology going has deeply as a dozen 2 internet connections communications and manufacturing travel mobility possibly governmental affairs goes so far and being a trove of information if you manage to get into that or if you're in that from the start as the designer of that technology but i don't think germany or others actually would have a choice especially germany i think is woefully behind internet infrastructure and if they can get a head start with 5 g. from wall way. germany itself does not have this standard at the moment and that would benefit competitiveness for many companies also in consumers early looks i was talking about a busy business we today what's on your radar for the next few days.
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well i think the main topics will remain how dependable is chinese trade u.s. china trade deal that going to be forthcoming president trump said that punitive tariffs set to take effect tuesday that he would be canceling those but how durable is that and how far will it go beyond that that's a major question where we may see answers this week and not can of course influence the stance in the direction of the world economy as can the developments on that that are going to take forth this week including at the eve summit this week only boss and friends would thank you. when the economic crisis hit greece hundreds of thousands of jobs were lost many went on welfare but some just refused to give up and found at their own company 3 young mothers got inspired to
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do do that when they all encountered the same problem they struggled to find trusted babysitters and child capsule 5 years ago they founded which helps locals and tourists to find a trusted carer for their child they have become one of the most successful startups in the country. maria my tool is on her way to work she's a teacher but she also looks after children of tourists who would like to see the science without kids in tow it's a service offered by nuka which registers certified educators on their platform for the teacher maria it's a 2nd job. when i graduated a couple of years ago i was lucky enough to find this job in addition to my other job it helped me support myself financially during the difficult times we live in many people in my generation are moving abroad but i decided to stay here and work
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without nuclear is a start up founded 5 years ago by leila drita along with 2 other mothers they only encountered the same problem back then and struggled to find trust that babysitters and child care. and we created the look at the home which is then line service that actually bridges families to care experience not just for the children but for their houses. for the elderly people but that was difficult in the middle of greece's economic crisis in response to it the government mainly raised taxes it wanted to achieve the economic goals it had promised international lenders but a lot of bureaucracy remained in place which discouraged investors newco was short on funding. at that point we were seeking for fundings so the. investors needed for us to have a stability so we moved the headquarters outside of greece. and we managed to
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have. we managed to find some. investment. no new guy has become one of the most successful startups in greece even winning prizes all employees are background checked in sourced by the company it back on the new guy has shown me that if you seize opportunities it can open up a path for you by race the platform means maria can stay and work in greece as a teacher while helping parents and children from abroad visit her country. and that's its thumb that many of the business stay tuned to do is that the 1st.
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unity and justice and freedom the 1st words of the german national land and the 4 essential values that form the foundation of this country have these fellows developing host for germany participate and to. take long as. our germany starts october 21st d.w. . the suck up to the euro max new channel. goldmine of story. with
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exclusive. and a must see concerning culture came your of this. place to be for curious minds. do it yourself networkers. so subscribers and don't miss out. on long will. they spread fear and terror among people though they'd rather hide from them but that's becoming increasingly difficult in a time metropolis of bangkok. the city is booming natural habitats for snakes are disappearing. from taiwan cam is a fine finds out he hasn't put out any fines for months instead he's out catching snakes everything from harmless garden snakes to poisonous piper's.
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that have all right we'll send someone out keep an eye on the snake until we get there. and obviously the law and it's on taiwan comes 1st mission on this sunday morning rainy season has begun in thailand and that means snake season has as well. snake catchers almost always work in pass because they never know what to expect attempting to catch one of the larger reptiles all alone would be too dangerous by cam and his colleagues set off with 2 vehicles or they would be one of the.
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