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tv   Business  Deutsche Welle  October 14, 2019 11:15pm-11:31pm CEST

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region spain after the country's supreme court convicted 12 separatist leaders for sedition nothing to them every seat lengthy prison sentences. you're watching the news christoph is up next with business stick around for that. says he joins. symbol of a long conflict in the philippines between the muslim and the christian population last night as fighters occupied the city center in 2017 president to church's response was. a different. game book called. the ring conquest turned into tragedy is not the
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kind of freedom that we want. how did morality become a gateway to islamist terror. an exclusive report from a destroyed city. phillips in the sights of our us starts october 24th on t.w. . scrutinising global poverty the nobel prize for economics goes to 3 scientists from india europe and the united states will have a closer look at the 3 also coming up it's yet another crucial week for britain at the european union deal or no deal that's the question which keeps the british currency volatile and. the downturn greek stocks call for a young mother became the most successful for. in greece. i'm chris caldwell
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bottom of the program do away with the global poverty sounds as easy as saying save the climate what 3 economists have tackled the problem of poverty with their own unique approach breaking it down into smaller aspects and that lifted the fight to a far higher level their work has now been awarded with a nobel prize this year's nobel prize for economics goes to 3 economists specialized in poverty and how best to combat it. french born s. to do flow or indian born husband ben a-g. and american michael kramer have helped millions of children by favoring practical steps to tackle their problems over theory all 3 lecture at u.s. universities. they take a broad question such as why a kid stopped learning in school and then they break that down into many more detail questions and then they combined is the minerals to be able to say something
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about underlying causes of poverty all this is to come back to. the royal swedish academy of sciences lord of the trio for what it called groundbreaking research into what works and what doesn't in the fight to reduce global poverty their work showed how poverty can be addressed by breaking it down into smaller and more precise issues in areas such as education and health care the new solutions with untested on location. as to do flow is only the 2nd woman to be awarded the nobel prize for economics and also the youngest but $46.00. it was incredibly humbling to tell you the truth i thought i didn't think it will go to win the nobel peace prize. and you have to clear her.
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to flow into bernard g. has been studying the problem surrounding poverty for decades they're also the 1st married couple to be given the accolade. india's prime minister narendra modi congratulated the trio on twitter and a stream of well wishers and journalists were also quick to visit planet g.'s mother in the indian city of kolkata 3 economists did most of their research and field testing in poor regions around the world china wants further talks to hammer out the details of a phase one trade deal agreed by u.s. and chinese negotiators on friday bloomberg news reports beijing may send a delegation to finalize a deal that could be signed by u.s. president trump and chinese president xi jinping at the asia pacific economic cooperation summit next month in chile there are reports china wants mr trump to also scrap a plant terrified in december in addition to the hike scheduled for this week.
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well for more let's cross over to our correspondent on wall street who are saying luis there are no jose luis this breakthrough that president trump announced last week still needs a lot of work and if we look at china the state run media doesn't even mention all that soya that china is supposed to buy any time soon and market optimism seems to have evaporated as well. yeah actually the problem here is nothing is sending them stolen and investors are our node is in a band even tensions seem to be that they recycle me the devil is a still in the details and so part of china has not come for him it will increase as you as i called her purchases up to $50000000000.00 stated last week gene washington to commit that. team that will top in. a long shot since one of the main points from trying something astray should especially if they
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head into a 2nd phase of the deal where technology transfers and industrial subsidies will remain significant points of contention as for now wall street things that uncertainty is likely to continue to have an impact on investment plans and could lead firms to keep diversifying their supply chains for future. president trump says he's fully prepared to destroy the turkish economy halting trade talks and slapping tariffs on steel imports in response to the turkey's invasion into syria how are people where you are taking this crisis. well the latest developments have already made. their worst performing major currencies so far and by hiking tirades on turkey's a steel and halting trade that negotiations will pressure on the turkish economy which is a still on recovery mode and remains enough roger stayed here in wall street event
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you fight it turkey is a currency to most exposed to political uncertainties but also warned that geopolitics and domestic economy policy could put turkey again on the brink of another currency crisis these can drag turkey economy into a recession as it was the case last year and on top of that with the economic sanctions looming and the question is whether turkey should banks will be able to roll over and refine and all their upcoming dollar and you are nominated that also lou is that a new york thank you the chinese network supplier huawei is allowed to supply components for a new 5 g. mobile network in germany that's according to a paper from germany regulators leaked to the humble splot several countries including the united states japan and australia have imposed blocks and whey they fear that mobile phone components from far away could be used for espionage by the
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chinese government germany had also initially discussed a clause that would have block or raise access to more. regs it uncertainty it gives way on the british pound the sterling slumped slightly on monday against the us dollar and the euro following its gains last week the decline came after the european union demanded more concessions on london's proposals leading to less certainty that a deal will be done. on friday the pound surged to a 5 month high against the euro on hopes of a brics a breakthrough but as e.u. ministers met in luxembourg uncertainty again dragged the british currency down one percent against the dollar and an even bigger slump against the euro. i think expectations were so low last week that any sign of progress or the very fact that they talked in breakdown and acrimony really caused that big bow to the pound but as reality sets in and there's no when there is much more to be done to make even
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the slimmest of progress towards a deal the new shortish prime minister boris johnson says he wants to strike a deal at an e.u. summit this week to allow an orderly departure on october 31st but if an agreement is not possible he'll leave the united kingdom out of the block without a deal even though palm and has passed a law saying he can't do that. when the economic crisis hits greece a good decade ago millions of jobs were lost many people went on welfare but some just refused to give up and founded their own company for young mothers are behind the start of connecting parents with babysitters they have become one of the most successful startups in greece. 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
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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 for nuka is a start up founded 5 years ago by leila drita along with 2 other mothers they all encountered the same problem back then and struggled to find trusted babysitters in childcare. and we created come. on line that actually reaches families to care 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
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a lot of bureaucracy remained in place which discouraged investors no nuke it was short on funding. at that point we were thinking for funding so that the investors needed for us to have a stability so we moved the headquarters outside of greece. and we managed to have. we managed to find. them and 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 in the new guy has shown me that if you seize opportunities it can open up a path for you by. the platform means maria can stay and work in greece as a teacher while helping parents and children from abroad visit her country. and finally have the european union is filing a complaint with the world trade organization against colombia over duties it
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imposed on frozen potato. no prize colombia it's not terrorism 8 percent of frozen fries from belgium the netherlands and germany last year it claims their import prices were artificially low it only concerns a total value of $25000000.00 euros a year but the symbolic value is huge for belgium which argues that it invented the french fry. and the draft of a program thanks for watching. as
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crown. reaches the magic castle and nuclear power plant. in france approve the use of nuclear power that's part of the country's national identity. 60 minutes.
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i'm scared that the. i work not hard and in the end this is a me you're not allowed to steal and more we will send you back. are you familiar with this. with the smugglers were alliances. what's your story. 'd with numbers of women especially in victims of violence in. take part and send us your story we are trying always to understand this new culture. another visitor another yes you want to become a citizen. in for migrants your platform for reliable information. take the trip on us go christmas market hopping with dolly coming. up to talk about . hotels. and to just. just tell us which german street is
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your favorite. what's the most beautiful place in germany. what would you like to explore most to enter church d.w. dot com slash trouble good luck and enjoy some. of. this is g.w. news africa coming up in the next 15 minutes a political outside that is set to become tennesseans new president more importantly the democracy was also a winner in the election. and that of all this one in mozambique but today some are warning democracy is under attack. then he said african stowage he time this past weekend so kenya has enough to choke at brigade cost gauge both smashing boundaries and marathons.

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