tv Business Deutsche Welle October 23, 2019 4:45pm-5:00pm CEST
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business is on the w.r. get out of office it's a premier aimed at making a big impact hoess by russian president vladimir putin african leaders are gathering in the russian resort town of sochi this week for the 1st ever russia africa some as russia's attempt to jumpstart relations with the continent 3 decades after the fall of the soviet union when which then was a major player in africa. but russia does not want to stand aside while other powers like the u. china and india strategically increase their influence and investment on the continent putin has big plans for africa especially with its rich mineral resources that's a quick look at selected activities of russian companies on the continent as energy multinational luko which is involved in a natural gas development project in the republic of congo in sudan and the central african republic a close ally of president putin has secured licenses for mining gold in guinea
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russian element in produce roussel is digging up more site and in zimbabwe russia wants to dig for platinum until now russia's trade with africa was muted last year exports to imports from the entire continent well value that only $20000000000.00 in comparison china's trade volume was 10 times bigger as the more than $200000000000.00. africa's largest trading partner of course that during that time was the european union with nearly $340000000000.00 of total trade russian officials have said that in the medium term they want to triple trade with african countries to help for that russia is still seen as a partner with out heavy colonial baggage well at the russian african summit the russian government is hoping to seal some deals the w. caught up with one of the companies presenting his products to potential investors
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at the forum in sochi to find out more. these flushes fight infections medical devices created by the russian company military generate ultraviolet light that kills dangerous bacteria in minutes the company which was founded by doctors has been producing these units by hand in moscow for nearly 15 years they started selling the devices in south africa 2 years ago and say they're competing with european and u.s. companies for the african market. we aren't afraid of competition our prices are more competitive and our quality is high. and we produce our own bolts for the equipment. we also have more experience using these devices in the medical severe than anyone else worldwide.
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military is one of a handful of companies that builds machines like these the edge they could have in the african market is exceptional for a russian firm in overall trade revenue with africa russia lags far behind competitors like china india and the u.s. even if it has doubled its trade with african countries in the past 5 years. russia doesn't have a strategy on the african market and so we see a hectic back and forth from one area to another chinese interests in africa a wide spread and there universal russia can't compete with them. but representatives at my little mistake they hope that medical equipment to shine at the russian africa summit and allow them to locate need business on the continent. are important when the joins me now is taking a closer look at the subject she probably in terms of economic relations between
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russia and africa what can we expect from this summit that's going on right now well we're going to physically expect the leaders who are there to highlight the areas that will be important going forward and we had put a mention trade being doubled in the next 4 to 5 years from the current 20000000000 dollars a year of imports of imports and exports between russia and africa so that's one area another area of course of cooperation is the defense russian news agencies and they had this news today that 2 bombers that a cable carrying nuclear weapons where flew flying over from russia to south africa for a training mission so that just highlights military cooperation between the 2 countries but of course russia is focusing on defense with other african countries as well and then we also have energy and mining as to other areas of focus between russia and africa in the last couple of years actually we've been reporting about china's
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investment in africa and the new projects and all that can russia compete with china in africa is it even trying to well compete with a belgian rolled initiative which is muscle which is huge i mean china is everywhere almost when you're in africa when you're traveling in africa you see the chinese presence in several parts of the continent and it's hard to miss to be to put a quality to rogers is a major thing they're doing they're building airports roads bridges airports name it everything and of course russia just doesn't have the money to do the same and they recognize that which is why they are carving out certain areas. focusing on defense for which of course you know they are the biggest supplier of arms and weapons in africa and they want to do more of that going forward they also focusing on energy trying to sell nuclear technologies to african countries starting next year they'll be building a nuclear reactor in egypt for instance they are building 2 research centers one in
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the few o.p.o. one in zambia for instance so there's a lot of areas that they are really focusing on as just niche areas but that those are areas that allow them to have long term relationships with certain african governments as many energy. resources that russia is focused you know i don't dance of course you should thank you very much for this inside. mercury in drinking water air pollution that dangerous levels of series and of environmental incidents in vietnam has triggered a public backlash the government stands accused of disregarding environmental concerns in the name of economic development of more and more vietnamese are asking does economic progress necessarily carry this kind of an by mental preist. found in containers with clean water supplied by the government because these had noise residents can no longer trust what's coming out of their taps at home after toxic river waste contaminated the water supply of several neighborhoods in the
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vietnamese capital affecting about a 1000000 people. and the local authorities were slow to act. they didn't warn the residents soon enough because it was not that people didn't know how to deal properly with these incidents. i think the authorities should intervene and inform people as to how to keep the environment clean and also the authorities should do something to give us clean water to live up to how much you can go without map out all definitely don't do night. it doesn't seem so. it's not just the water however rising manufacturing output increasing vehicle emissions and the dust from a construction boom the entire noise air is getting hard to breathe the mounting pollution crisis is causing worry that one noise will go the way of other cities that have borne the environmental cost of unfettered industrialization.
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resident we don't want to be. another aging polluted city and we. don't want to be like. paradise. china west over 5 percent growth in the last decade has turned vietnam into one of asia's for. assets rising economies but the corresponding decline in livability means those concerns will only deepen. now to some of the other global business stories making headlines today because michael and design issues led to the crash of a boeing 737 max jets last october in the asia that's according to a briefing given to families of the victims plane maker boeing has been under fire since that accident and another one in the opium overlock safety controls during production. nike is changing its leadership long time c.e.o.
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mark parker over the reins to form a e-bay c.e.o. john donahoe while sales were rising during baucus time at the helm nike was recently hit by scandals including the end of the oregon project which was plagued by accusations of doping against its chief coach of the salazar. we work announced it's accepted rescue package from soft bank its largest investor a $9500000000.00 deal gives the japanese tech complement an 80 percent stake in we work to cap the turbulent period for the co-working space from included a failed i.p.o. and billions of dollars in lost value which. an hour for you chocoholics it's time to get saving the world's most expensive chocolates. just been launched in india ltd presented its for bell brands new truffle trio has instantly
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broken the record when it comes to costly sweet treats its look. to he should have been ill of beans piedmont hazelnuts and jamaican blue mountain coffee just some of the high price ingredients featuring in these toke hurling lee expensive truffles at $5.00 and a half 1000 euros per kilo they've now entered the guinness book of records as the most expensive truffles in the world something even that design a mission stand sheffield cont'd cine wasn't expecting maybe going to work in the trinity i didn't really know he's probably could become. been digging. with step by step which route. very very wonderful program and some very expensive product and. foreign for me we want you to the best of sensation the best flavor there's even a concept behind them titled the net the creator and the destroyer the truffles the
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designed to represent the cycle of life it's not itc's 1st foray into high end chocolate making although known for less luxury as brands like sun feasting candyman it's for bell brand has been producing lot should be chocolates for 3 years. that spans from the business scene here and. as usual for more business news and background stories check out the davido com slash business album side also follow us on social media is futile already do so for you go here's a quick look at global markets at this hour. downsizing
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sustainable growth. the economy and economics need to be reinvented. we have to change our ways in order to save our planet. bombs are people willing to forgo consumerism and i'm a test gadget. made in germany 30 minutes on w. . bush after the fall of the berlin wall nov 9th to w. . welcome to the euro
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max channel. gold mine of stories. with exclusive insights. and a must see concerning arts and culture in europe a. place to be for curious minds. do it yourself networkers. so subscribe and don't miss out. luxury behind the mirror humans are exploited and animals cruelly slaughtered big brands have committed to fair working conditions and sustainable production but who is monitoring the some come. tractors and investigative documentary goes to cali and china the most behind the glamorous facades of fashion house of luxury behind the murray starts nov 5th on d w. plane
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. fly for landing it's horrific discovery in a truck container near london and emergency services attendants but sadly all threats one paper inside the container. and the truck is believed to have come from dull garia could the victims be migrants hoping for a better life also coming up protesters in chile say that they will keep an eye going despite our keep.
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