tv Business Deutsche Welle October 17, 2019 8:15pm-8:31pm CEST
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at the european council is that with this deal and if the house of commons approves this deal things will get better again not just hoffman in brussels but i'll get my ass in london thank you both. there's africa is up next we'll have more world news at the top of the hour how myself good day. birth. home to use of species. a home worth saving on. your move those are big changes and most start with small steps and big global interiors tell stories of creative people and innovative projects around the world. to use the country to use 2 green energy solutions and my 1st reaction. to interactive content teaching to the next generation of
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environmental protection. using the channels available to people to get action. and we're determined to demand something here for the next generation globally as the environment series of global 3000 on t.w. and online. we have a brick said to deal how the e.u. and to britain but having been there before business on both sides of the channel of cautious and keep stockpiling goods just in capes also coming up nanotechnology block chain and cloud computing sierra leone is banking on the most advanced technology to leapfrog out of all the take and the population shrink all over the world it's a big problem also in rwanda it's honey business declines as these die off.
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come to do business africa and want to get johnson be with us the british pound surged to a 5 month high today on news that negotiators from britain and the european union struck a new brics it's divorce steel sterling temporarily rose of $1.29. britain's exit from the e.u. will be in an orderly manner but the currency remains volatile some hurdles still remain the deal still has to be confirmed by the british parliament the u.k. is due to leave the e.u. on october 31st for more i'm joined by sylvia del angelo a senior economist at hermes investment management in london sylvia we've been there before we've had a withdrawal agreement on the table is this deal better than the previous one well actually it's really just a variation of the day that the resume reached a few months ago the main difference really concerns the backstop for on an island
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and the related customs agreements or arrangements in bars johnson's trade deal the u.k. would leave the european union go some soon on northern ireland will still be subject to the rules and procedures in terms of star ifs of the european union customs union this is a good news for the president because it allows for more divergence between the u.k. and the european union in the future but it's bad news for the democratic unionist party that the u.p.a. . which holds prime seats in the u.k. parliament because it means that the northern ireland would effectively end up outside of the u.k. which means in turn that it's very close call where the u.k. parliament will approve this deal or not so there are hurdles in the way what
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happens if this deal is also not approved by parliament what does this mean for the british economy. well it just means more certainty really and certainty has been significant issues for business investment and growth investment actually constructed last year and that also has negative consequences for growth through to growth down the line i think the most likely scenario if the deal does not pass is like an extension of article $58.00 negotiations and early elections in the u.k. and as i say that would imply more uncertainty about sylvia their senior economist in terms investment management in london thank you so much for your time . now the ongoing bricks of uncertainty is putting a lot of businesses under pressure a french confectioner is struggling to meet demand in the u.k.'s shops there are
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stockpiling sweets for christmas just in case. the workers at french confection is cousy are working extra hard this autumn they're packing up box after box of sweet treats to send to british retailers king to avoid the christmas crisis that i need to know that you know this year is exceptional in that some of our british clients want to have their orders delivered before the famous october 31st breaks it deadline which is increased our activity even more during the period from september to october until they are to pummel. the fare for the company's british clients such as london's famous fortnum and mason department store is that the u.k. could leave the e.u. at the end of october without a deal throwing customs arrangements up in the air with boris johnson facing an uphill struggle to get the agreement struck on thursday through britain's parliament that threat remains on the table. in storage modeled on what
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historically britain has to be years in years being our number one x. or markets and it's also the market which probably has the best potential in the future but given this uncertain situation we have decided not to make britain try our city for either 2900 or 2020 in april and we need to develop this work on. some research suggests a 5th of british firms have been importing christmas stocking early. their concerns could yet to prove unfounded with an agreement one thought impossible now reached but with boris johnson's promise to shake the u.k. free of the e.u. by the end of october whether a deal is passed or not the 2 sides are cutting it rather fine. now that information and communication technology in africa is suffering from a lack of investment that's according to the african development bank the bank
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estimates just 2 and a half percent of infrastructure disinvest women in africa go to information and communication technology but sierra leone is breaking the mold and working towards being a smart country the government claims that blocks chain and cloud computing allow sierra leone to push texas terms and make essential services affordable the country's efforts are being helped by a team of trained estonia's governance cademy now estonia of course being the smart city of europe so what. bishan there for more let's cross over now to our africa desk in bonn to jello good to have you with us tell me sierra leone has big ambitions to become a leader in advanced technology was this ambition coming from it's actually coming from the president himself julius mother be your right from the beginning he had to
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make your ambition 1st of all is to use technology and transform the economy and also to use technology and develop the human capital and of course that does come from the fact that he admires estonia you admire the successes of qantas like rwanda so he's basically putting together this thing based on these 2 examples from is doing in rwanda but of course it's also ambitious because all of this will cost money how is it going to be financed. oh yeah it's a very expensive process but so far we've seen that the president is getting support from development agencies including the united nations development program and it is also all the universities of all to state to india mit for instance years and have a university there providing some of the support base know how to go to these people who are working in freetown and carrying out those forces and at the same time the government hopes to fight corruption and the proceeds that they get the
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money that they see in fighting corruption they want to use the same money in also finance their technological advancement by using the super high tech process in achieving their goals so tell me which sectors are going to benefit if all of that works out the way it should i actually we've seen the governments use these super high tech solutions for example cloud computing during the outbreak of the bulla but they use it in mobile money transfer to actually pay people who are in the forefront to fight and then they've also used block to claim that they've used blocks in the national id system to sort of strengthen and make the whole process secure and they've also used recent the most recent one is d.n.a. sequences called the mini on which they got from nano port technologies in oxford and they use it in agriculture and also to fight crime but you know they have they've identified 6 core projects that they want to put this process into 1st of all they have a geographic amount which the project is already online and this map you can
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basically select a contract from that map and select a town or village on that map and got all the information all right so. that's fantastic so a lot of projects already sort of underway there already starting to benefit a backer giallo there in bonn that africa desk thank you so much for bringing us up to speed thanks for having me. well the drop in the populations is a huge global problem one of the affected countries is rwanda home to 80000 to beekeepers but fewer and fewer bees calls a growing louder for a ban on pesticides that are toxic to the important insects. in this beehive the honey bees are hard at work turning flour nectar into honey which is then collected by beekeepers maybe d.c. is one of rwanda's biggest honey producers they used to process around 70 tons per year and now it's down to 40 tons that's triggered a sharp rise in the price of honey. we've lost many customers because the honey
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prices have increased so much what i see is that few people can afford our products of honey is becoming something for rich people it wasn't like this before. wanda has more than 80000 beekeepers but fewer and fewer bees experts say they're harmed by the pesticides that are sprayed in the tomato and coffee plantations here . b key persian seebohm and now agrees his experiencing the dying of bees firsthand he used to have 40 hives now he has only half that number he often finds dead bees in the hives or out on the fields and he says his fellow beekeepers are seeing the same. i asked the government to stop the sale of these products which kill our babies. they can ban them and do new research and make other products which don't kill o.b.'s we would. otherwise the next
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generation will only see bees in books these products are killing my business and i need to live so please stop using them to live it is rwandan agriculture officials seem to recognise the extent of the problem they said the government is switching to natural methods of pest control. after all rwandan honey is good business it's exported to the e.u. the us and china the basic idea that we have all think towards that. kind of critical descended to the best decide and using the bible bio degradable. first decides because when they're biodegradable they don't stay in the bio and therefore they're not comfort to the bees these are some of the strategists you have to try to upset a professor that the credit of the biz. but not only toxins are to blame vendors at this market say they encounter swarms of the insects in search of food
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like a salve of flour they need more nourishment as woods and meadows are destroyed to make way for farms the decline in the bee population is not just bad for the honey business it's a sign of a much wider problem. and that's all for this edition of business africa here on t w please be sure to follow us online and on social media for more from me in the team until then thanks for keeping us company.
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