tv Business Deutsche Welle October 31, 2019 10:15pm-10:31pm CET
10:15 pm
10:16 pm
clocks. the 1st smoko to the euro max you tube channel. closed goldmine of story. with exclusive insights. and a must see concerning startup culture keep your a. place to be curious minds. do it yourself networkers looks so subscribe don't miss out on. reaching for help but in a time of changing reality you have chrysler and other great the world's 4th largest automaker to confront big shifts in the future of mobility also coming up tanzania farmers try swapping their crops with manila to cash in on astronomical market prices but it's not any. easy switch and dressing up yourself just is not
10:17 pm
enough americans go on the hunt for the best following. providing it to retailers. because the program as the automotive world is going through a profound changes some of the biggest names in the business are taking the carpool lane if you have chrysler and p.s.a. peugeot have confirmed they intend to merge a tie up worth $50000000000.00 which would create the 4th largest automaker in the world the move comes as car makers grapple with a downturn in demand and price investments in electric and self driving vehicles. the future looks bleak for the internal combustion engine car makers worry about getting left behind for yet chrysler has failed to invest in new technologies such as autonomous driving and electric power that's why it's been looking for a partner for
10:18 pm
a long time. enter. the french company has plenty of modern technology but it's completely absent from the north american market together they could become a dream team. the french government itself a shareholder in peugeot has already given the green light and this is good news this is good news for europe because you know that we have to face the challenges of electric cars. and to face that kind of challenges you need to to have champions who will live. the combined company would have turnover of over $180000000000.00 euros and it would have around $410000.00 employees and making $9000000.00 cars each year would put it in a different league. after folks toyota and the renault nissan alliance chrysler together with peugeot citroen would be the 4th largest car maker in the
10:19 pm
world. workers reaction to the deal were mixed. up with well there's already been one merger with opel and now this will bring jobs so it will be a very big company lots of jobs are going to be outsourced and that worries us and the management hopes the merger will generate savings of more than 3 and a half 1000000000 euros but for employees hearing about cost saving sets off alarms many plants for example at fi at in italy are under utilized and german subsidiary opel and british folks whole have been losing money for years even so the 2 sides say their merger should be completed without factory closures chinese officials have doubts about reaching a comprehensive long term trade deal with the united states that's according to bloomberg report earlier u.s. president donald trump had said the 2 sides would soon choose a new place to sign
10:20 pm
a phase one trade agreement in november that he hopes to finalize the deal at the apec summit in chile but that was cancelled after mass demonstrations. and arrests . let's get more on this from our man on wall street conflicting news there about the u.s. china trade deal how much did it spooked investors. well i'm not sure if the trade talks were the main reason why we traded to the downside here at the last day of october we also got some weak economic and new was from the industry sector in the broader area of cargo than also the federal reserve reading from the day prior we. pretty much hinted that we won't see any more rate cuts anytime soon i guess those were probably the main reasons but you mentioned the conflicting signals that we get from the trade talks on one side we got reports from private
10:21 pm
conversations from chinese officials that they're doubtful about a long term deal between the 2 biggest economies in the world and then on the other side donald trump are tweeting that there will be a signing of the phase one deal pretty soon so pretty conflicting environment overall as court in new york thank you and now to some of the other business stories making news around the world boeing says cracks have been found in up to 50 of its popular $737.00 n. g. planes after global inspections to qantas planes are reportedly affected but the airline has so far objected calls to ground its entire $737.00 sleeps. as the pro-democracy protests continue official data confirms hong kong is in recession gross domestic product frank 3 percent in the last quarter months of
10:22 pm
unrest have piled pressure on an economy already reeling from the us trite us china trade war. now you think vanilla would be fairly common it has flavors to so many products ice cream chocolate and coffee for example but most producers rely on artificial vanilla flavor because the real stuff is hard to come by as well prices are astronomical it's more valuable than silver it would have thought and that ought to be good news to the farmers who grow it in places like tanzania but it's anything but easy money vanilla is delicate and very valuable to harvest pods of the highest quality it takes a lot of care and a lot of time so if you look within it here on pemba island in tanzania has only been grown since the 1990 s. many farmers here switch to vanilla hoping to capitalize on booming to manage for
10:23 pm
the fragrant spice and the high prices how much he cares for more than 7000 plants he has to protect them from harmful insects as well as from thieves when the harvest season approaches. the time from planting to harvesting depends on the quality of the soil. if the soil is good it will take 3 to 4 years to start producing. any. but it also depends on the seedlings you want a lot if you live bigness but look you kate. vanilla grown on plantations has to be pollinated artificially. it's a difficult task but on pemba island there are now $250.00 vanilla farmers. this is farmers slim health and said entire annual production it's about half
10:24 pm
a kilogram weigh what that in the name i have already started benefiting last year i made over 250000 shillings or 110 u.s. dollars and this year i'm expecting over $500000.00 shillings. will keep learning more money in the coming years. and. the world market price for the spice has exploded from about $30.00 u.s. dollars per kilogram a few years ago to around $600.00 u.s. dollars now. this is also due to bad harvests and drought and that's something the farmers in pemba worry about they've joined together in a cooperative to protect their crops. we do not discriminate between our farmers that we give the seedlings to all our members. but if one does not take care of them we do not give them more and the following year what you have done is are all the farming activities and through our agricultural officers.
10:25 pm
everything that is produced on these plantations and goes to britain there a cosmetics company uses a lot of vanilla and its products for now it's willing to pay a lot for this rare commodity. the fugitive financier who allegedly swindled hundreds of millions of dollars from an malaysian investment fund will give up his claims to almost a $1000000000.00 in assets it's part of a reported settlement joel out has reached with the united states. now it is the end of october so bear with me here this season is going to the dogs as more and more people in the united states have turned to dress their pets up in costumes according to the national retail foundation almost $30000000.00 americans have gone to buy these strangest and spookiest helloween pet costumes. one
10:26 pm
dog turns into a buzzy be another into a glitzy pumpkin. there's even a fearsome lion that ought to scare the neighbors. it seems there are just as many costumes for pets as there off of people still is in the us a full of cute and creepy patted the tone is love to buy for that dog's one year he was a one year he was a pirate one year he went in drag last year he was a spider he loved his 8 legs this year he's going as a hot dog because he's have to all i have to accept he's 13 now says you got to be kind of more refined as an old man slash changer according to the national retail foundation americans will spend almost $9000000000.00 on halloween almost half a 1000000000 on pet costumes alone costume canine pics of big on facebook instagram whatsapp and pinterest. these days we're placing all halloween orders as early as
10:27 pm
june or july we're finding that our distributors are selling out of halloween costumes months before halloween is even here we have to get in early and disappeared a lot of sales and it's hard to predict what customers are going to buy but you can always bet that superheroes in your standard harder movie characters are going to be a hit. sales of pet costumes have doubled since 2010 says the national retail foundation where the dogs find them creepy is anyone's guess but one thing is for sure the little canine costumes will light up any halloween celebration. thanks a lot. into
10:28 pm
the conflict zone to sebastian. is just 3 months since india decided that it'll have to change in kashmir my guest this week here in london is james caan the national vice president and one of the chief spokesman of the ruling d.j.t. causes he also the charges of widespread human rights violations in kashmir
10:29 pm
costs 60 minutes. per. home to millions of species a home for saving. his lectures on those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world like to use the term climate change to green energy solutions and reforestation. they create interactive content teaching the next generation about environmental protection and we're determined to build something here for the next generation of global ideas the multimedia environment series on d.w. . you know that 77 percent classic are younger than 6 caught. me and meet and. came to know what time
10:30 pm
of course is. the 77 percent the talk about the issue. from the politics of fashion from housing. this is what. welcome to the 77 percent. this weekend on t w. this is the day of the news africa coming up on the program for weeks they have demand that dignity and a safe place to call home but once the police in cape town launched a brutal crackdown on protest and migrants many now want to be anywhere but south africa. is that we're going to be safe where we're going to feel that we've been the commands of the human being not just for not like she can.
28 Views
Uploaded by TV Archive on