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tv   Business  Deutsche Welle  October 16, 2019 8:30am-8:46am CEST

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worst turned into tragedy this is not the kind of freedom that we want. how did you become a gateway to islamist terror. the exclusive report from the destroyed city. in the science of ah yes starts october 24th on d w. optimism is in the air the pound surges then plateaus as britain and the e.u. boys hopes of a last minute deal to avoid the u.k. crashing out of the block at the end of the month. the i.m.f. adds to worries about global growth and says the world economy is slowing to its weakest pace since the global financial crisis. and if you'd rather escape the world's woes let me take you to the globe's biggest book fair in frankfurt.
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i've been physical and that's your business the pound is clinging to its recent gains as officials hold on to hope that they can salvage a break to deal. johnson's office called overnight talks in brussels constructive frantz hailed the positive momentum that sent sterling to a 5 month high but the rally isn't continuing today and the latest economic data trickling out of the u.k. is a concern the number of people in work has fallen unexpectedly and the auto industry expects big job cuts. these roles of fabric will soon be covering the seats of looks remoter cars and purses the uni royal global factory in northern england is only the 1st stop in a long journey for the materials which leads through countries like rumania and the czech republic for processing followed by shipment to car plants in italy spain and the u.k. for assembly. the e.u. single market means goods can travel tariffs on paper work free throughout europe
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delivered like clockwork just in time breaks it threatens that and has led to uncertainty and slowing investment throughout british industry. because makers have is now the next 45 years and when they haven't all the facts for example i don't know where we're going to be without brakes if i don't know whether the u.k. is still a safe bet that. place at that level of basis that few scientists will feel. at the ready. yet despite the risk to business and their jobs workers here mostly one for exit done. yeah did for me but i didn't for a good deal about the offer to leave to work. as well when the british government quapaw so the worse we get overruled by were party bosses that so far with only a few days to go before the u.k. is due to depart the e.u. business owners are still hoping for a deal that will at least keep them within the single market without their future
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could be very bleak. the world economy is facing its weakest growth since the global financial crisis that's according to the international monetary fund it's cut its outlook for this year and next the main reason international trade disputes it's now predicting 3 percent growth this year outlook the i.m.f. also slashed its growth estimates for the eurozone write down by export powerhouse germany the world's 2 biggest economies the u.s. and china are also losing steam. heat. that. will chinese shares dips on wednesday optimism is fading over a concrete trade deal between the u.s. and china analysis from our correspondents in taipei and frankfurt's on 100 soul and all the bots welcome to you both 1st of all so how's beijing's view as far as if it's going to reaching a deal does reckon that there is progress being made. well
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we see a very big change of china's mice that for example the 2 sides are not talking so much of a out in force in the mechanics and the wording has changed to dispute resolution and for china it's about mutual respect and the possibility that agreement could be reached on equal basis as another example is that many chinese people actually complained about the $40.00 to $50000000000.00 u.s. dollars purchase of the u.s. agricultural products i think it's a big concession but the chinese state media try to tell the people that actually buying more u.s. products is china's unique bargaining chip and if the purchase volume goes up it means that american farmers depend more on china and mutual dependence is not a bad thing so from the new wording and their interpretation china said that the 2 countries are finally on the same page because the sounds quite interesting how how they telling the story in what way do you see the challenges in ending this trade
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war that. well i think the biggest challenge is still how to put goodwill on paper before documentation as they can the both. many details remain sketchy after talks again talk about disappearance the lucian if the u.s. could unilaterally impose sanctions on china and china is banned from taking any retelling terry measures beijing will not accept that and china also consider u.s. proposal to set up a permanent joint office to deal with china's economic policy and attempt to undermine china's economic sovereignty so the key issue is that who will make the ultimate ruling and there is a big question mark there he said he's going to going to make a move what do european traders reckon only how do they view the big picture. well they view it with a bit more optimism than skepticism that it's changed in the past couple of days
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there was huge optimism when there was a partial progress agreement announced late last week and the markets surged not just here in germany but also on wall street for example but now the optimism has faded here too but there's still a bit more optimism and you can see that that any time there's a bit of progress reported yesterday i think it was mainly progress on tracks that but then the market is still able to go up the docks reaching a new annual high yesterday but the nervousness involved visa v the china u.s. question you can see how much the market gained on so little optimism so people are desperate for some kind of solution and you can see how desperate the situation is from the point of view of the traders and everybody else for that matter with the i.m.f. report that came in yesterday forecasting slowing world economy slowing eurozone
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economy and germany especially a major exporter so there's a lot at stake here. it's forests at frankfurt's exchange and thank you very much so in taipei. well life is slowly returning bent to normal in ecuador after 11 days of final and protests over the government's revoke rising fuel prices as a had announced the reinstatement of 40 year old subsidies which had been scrapped as an austerity package agreed with the international monetary fund it. the brief wait to fill the tank what may seem to be normal in most cities around the world is something unusual for many in the ecuadorian capital quito especially when it comes to the prices. for 11 days the country was completely paralyzed by protests against cuts to fuel subsidies and the resulting leap in the cost of petrol.
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60 percent of ecuadorian people are extremely poor so who would be affected by these feeling creases and of course the people of ecuador not important business men. who are against rich left against right the protests or numerous clashes between demonstrators and security forces at least 6 people died in the violence and over 500 were injured. the international monetary fund had insisted the government cancel field subsidies as part of its attempt to balance the budget that turned ecuadorians dissatisfaction with their leaders into outrage . people have not seen a single penny nevertheless the government have taken out a 1000000 loans. people don't see these loans. those are annoyances. that you can't see the current government with so many loans building roads hydroelectric power building schools colleges everything is just blah blah blah
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blah blah blah blah. the reinstatement of fuel subsidies is also being seen as a victory for indigenous people they often have very little money and the huge jump in fuel prices also led to a huge hike in the price of their bus tickets. time for some escapism and yes i'm talking about books of netflix for a visit to the movies book sales in germany around 10000000000 euros a year that's more than computer games or music and there's one trend that's generating even more readers personalized novels. you hear biden hillary often comes here to order books this time she's looking for a 50th birthday present for a friend. maybe a gulf the mystery novel called death by a 7 iron would be the thing. margaret just as you know you can personalize this one
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just like the other books you bought you can put your own title here and if it's a special birthday it's cool to put a photograph on the cover. i think in this case the hero of his 769 times you can see that here quite nicely this does think it was fun to get the feedback from my friend i gave him the book on friday and by men they had already read it not just him but his wife as well it's something really special the 1st was one of those since 2003 personal novel based in munich offers customers the chance to appear in any of 150 novels by specially commissioned authors the books can be chosen online or in the store there are different categories like crime romance golf and football books the company will personalize the hero and up to 30 minor characters the price of literary famous between $27.40 euros depending on the cover design trophy said was difficult at 1st because no one knew what it was about it was hard to explain to people what
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a personalized novel is what options are available and get started slowly and from a small base since then the whole topic of personalization has come to the fore and there are all kinds of personalized products you can look at the company now offers books in english too and other languages may follow many of the customers are so taken by the idea that they come back for more as it is do we get the teenage daughter who wants a present for her mom and the grandma who wants one for her grandchild it can be a declaration of love or maybe a mom is looking for a christmas present for someone our customers are from all walks of life. now other startups from germany and abroad are offering personalized books here in germany europe's biggest book market these new companies don't see themselves as competition for traditional bookstores or as a supplementary service. at a personal novel 5 full time staff and a few freelancers live from personalizing novels and 44 books for children and
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young adults. when you're on the cover and your name is on the cover and the little boy the main character in the book has the same hair color and i can't erase you it's fascinating because of our little boy loved it and we had to read the book over and over. personalization now even lets you put your dog in the book the story is then told from the point of view of the canine character. nice to business with you.
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after the fall of the berlin november 9th w. i'm not often out of the jam. just sometimes i am but i'm still nothing which is a german thinks deep into the german culture of looking at the stereotype quests
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but you seem to keep the country. needed so you can take photos from a day on. it's cold out ok bob i might show join me to meet the german fun beat up you. post. and welcome to news from the world about some culture this is what's coming up today. i'll be joined here in the studio by the world famous author of the swarm frank should sing who's turned his attention to music. the city of baghdad in norway is a literary hub for all sorts of strange reasons we'll find out about. him frank said singh is best known internationally for his science fiction novel the
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swarm where nature starts punishing humanity for its misdeeds 1st published 15 years ago it now seems rather prophetic when you look at the current situation with climate change however right now frank said singh has put down the pan picked up the guitar and has abuse it project called taxi galaxy tell me why after this. function thing seen in his elements on stage in front of an audience he likes to entertain but also to shake people up in 2009 the author presented his thriller limit it's a mix of science fiction crime story and science like his most popular novel the swarm published in 2004 the bestseller about a threat from the depths of the ocean has been translated into 27 languages and made its author who study communication studies a very rich man. but chatting has still clung to a lifelong dream since the age of 15 he's.

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