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tv   Business  Deutsche Welle  October 17, 2019 5:15am-5:31am CEST

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full governing body you a fan has yet to issue a punishment as anti discrimination organizations call for a bug area to be kicked out of the competition. you're watching news from back then coming up next the deadly business followed by conflicts a mistake about it if you tap and remember you can always follow the news on our web site that's dot com it's the washington. post sitting in rooms are a. symbol of a long conflict in the philippines. between the muslims and the christian population last with my astrologers occupied the city center in 2017 president to church's response was told. by hitler is really no need. of. the reconquest turned into
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a tragedy this is not the kind of freedom that we want a code of morality become a gateway to islamist terror. an exclusive report from a destroyed city. the feel of the science of our us starts october 24th on d w. a months of picketing seems to be paying off the management of the auto giant general motors and union representatives say they've reached a tentative agreement potentially ending the fiercest labor dispute g.m. in decades also comes less than 2 weeks before the presidential election millions of argentinians are facing a housing crisis which many say is calls by incumbent party sylmar crease policy and as a drags a deal hangs in the balance at this very. 3 hour we'll take
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a look at the british sector oup which wonder is it might be about to run out of room. because coal welcome to the program the harshest labor dispute at general motors in almost 50 years appears to be resolved on wednesday negotiators from g.m. and auto union representatives reached a tentative agreement demanding a share of profits or benefits and stronger future commitments by the company tens of thousands of g.m. workers began a walkout last month's crippling the carmakers u.s. operations. the hard fought deal won't bring an immediate end to the strike by $49000.00 workers they are likely to stay on the picket lines for at least 2 more days as union committees vote on the deal which members must then also approve for many braving the rain in the picket lines the strike has been about broader issues as well this is a big deal obviously she doesn't feel like we're fighting not just for us personally but for the middle class and. that's been seen throughout the whole
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straight like people call dropping out who have posed well before all different walks of life come off looking and so it says really been kind of really know we had a case. the terms of the tentative 4 year contract weren't initially released but it's believed they will include some pay raises lump sum payments to workers and require general motors to produce new vehicles at u.s. factories g.m. has already offered to make new models in 2 of the 4 u.s. cities where it had planned to close production facilities. all right let's get some more of the story with our correspondents our brain or kesler on wall street sabrina g.m. stock has suffered heavily during this month long strike why did it take so long to reach an agreement. well so the last 30 days will probably be one of the most expensive periods such an ever face in it in. hire strike history
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imagine we had $50000.00 people not working dozens of assembly lines closed for it assembly plants shut down entirely which led to enormous production losses and of course pressure on the board $80000000.00 that's the amount g.m. lost every day because people were protesting in front of more than 30 factories and set up sitting at their weapons as a well placed so if we have a look at the last 30 days g.m. probably just about 2000000000 dollars dollars and there is still space for even higher costs to come because the deal still needs approval from local union leaders and members and they want to fight for their rights but it is within reach this agreement what does it mean for general motors. well it all depends on out whether out we will see an agreement or not and on the future of plants g.m. comes up with international car makers agree on the fact that electronic vehicles
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and set friday cars are vital to future success off the car industry so the problem here is that g.m. still heavily relies on s.u.v.s and pickup trucks so they make billions of dollars in profit with that which is why expose and worrying whether g.m. can turn things around future on not so the board so far promised to invest in electronic pickup trucks and better effect research but still it remains highly unclear if american but you must really wants to buy these cars so bring the kesler in new york thank you so much. in less than 2 weeks the people of argentina are set to elect their president and things aren't looking good for incumbent mark are you not only is he facing a competitor who is running on a ticket with former president cristina fernandez the kitchen who is known for improving living conditions for the poor on top of that mr marquis's market oriented policies are said to have driven up housing costs. sylvia gown is struggling to pay the rent on the $1.00 room buenos aires apartment she shares with
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her teenage daughter inflation has driven up rents with salaries and employment hit by recession going to herself lost her long term job in august now the 49 year old risks losing her home one of a growing number of argentinian straining under rental payments during an economic crisis homelessness in the capital has risen and many houses stand empty down as only wish for the economic situation to improve. inflation is killing us it's eating into our pockets either we eat and we pay the bills or we pay the rent once a day the other times i drink. but while the rental crisis underscores the broader dynamics in argentina ahead of an election which could well oust current president maurice your mockery there are 2 sides to the mark recon he's popular with farmers who generate 40 percent of the country's output scrap taxes on agricultural exports to jumpstart the economy but recently mockery lost the primary elections to left
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wing peronist fernandez by a wide margin now farmers are a nerved my main concern is that they come tomorrow and say the country's in need and then punishes with higher export taxes. many argentinians are increasingly frustrated by the sputtering economy rising poverty and austerity measures in 10 days' time they can decide which of 2 radically different approaches they think will solve their problems mark reuss free markets often and as more redistributive approach. and now to some of the other global business stories making news the us federal communications commission has approved the $26500000000.00 merger of t. mobile usa and sprint that's according to an f.c.c. member the deal would slash the number of major mobile phone service providers in the united states to just 3 but 800 state attorneys still oppose the merger.
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romania and bulgaria are pitching for false wagons new factory after the carmaker pulled the plug on a project in turkey courting to media reports b.w. ditched the 1300000000 euro investment over turkey's attacks on kurds in northern syria the factory was due to make 300000 cars and would create 5000 jobs. thousands of people have taken part in protests in spain calling for higher state pensions 10 years after the real estate prices spain's drain public coffers are struggling to keep up with an aging population but those gathered in madrid insist spaniards who worked hard their whole lives deserve a bigger share. we are all pensioners reads one of the placards brandished by the regiment of retirees who took to the streets of the spanish capital the average pensioner here receives $920.00 euros a month more than
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a spanish worker on minimum wage but they say they deserve an increase in their you know the $1085.00 euro should be the minimum and actually no penalties for those who retire after working 40 years you know for anything. that they should update the pensions especially the lowest because you pay taxes to have a dignified life when you wrote the many elderly people don't have a pension and that gives them the dignity of a model not the human species. the spanish government has offered a 6 percent pensions increase the representatives of spain's $9000000.00 claimants holding out for more. now that. the rich pound hosts are further gains on wednesday as the european union and britain inched closer to a briggs a deal leaders of france and germany said they expected an agreement could even be sealed of thursday's e.u.
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summit but the ongoing uncertainty has left its mark on the british economy and latest data trickling out of the u.k. shows the number of people in work has fallen and the auto industry expects big job cuts. these rules 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 romania 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 delivered like clockwork just in time briggs it threatens not and has led to uncertainty and slowing investment throughout british industry. this was making payments now the next 45 years and when they have 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.
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is still a safe bet. by some level of business that here on this we are. still ready. yet despite the risk to business and their jobs work is here mostly one phrase it done. yeah did for me but i think it's through a good deal of both or both italy who were laughing as well when the british government quapaw so they were as we get overruled by your 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 little east keep the mood in the single market without the future could be very bleak. and finally north korean state media has reported the opening of a new rail route to watching out hopes will become a major tourist hot spot on verified footage shows workers and officials celebrating a trial run on the line which runs to the foot of
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a sacred mountain korean leader kim jong un's family tres is rooted back to mild to the north korean government is building a large tourist center there as part of the push to generate more streams of record . and that wraps up our program for more you can always go to d.w. dot com slash business or follow some social time 1st full length thanks for watching.
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enter the conflicts of the flies and populace closing in venezuela. called protests for except look at. the world is in crisis mode just this week sweetness track of the key interviews of the season the point of the film wants to change they can apply the law for me oh i'm sure you know this so you. know for. the last of
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their kind. of trend with extinction every year around half a 1000000 of them end up as a delicacy. but for the bird mafia it's a lucrative business. and by our presence or never look a shorn. it's nice to know without we're going to be there. in 60 minutes d.w. . to your friends dear antonio here's a scene here. my 3 grandchildren sleep on troubles when i was in france is ages germany was split in 2 and remain divided for decades when your mother was born in 1969 the wall one is already 8 years old you know my grandchildren were born after
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the wall fell morning by. 3 generations one family on a journey through my recent german history and it. starts number 6 on d. w. . is trying to frighten you know it's a fuck what do you expect that it did it's very means white dog that that's what does it mean extreme right but it's not. the earthquake they expected would you mind letting me finish my sentence as plain as. it's no secret that you're a populist a nationalist parties a gearing up.

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