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tv   Business  Deutsche Welle  November 1, 2019 4:15am-4:31am CET

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it's known as the saga balloon fiesta and we're getting a 1st look at some of the competitors in the 2 main events a beauty pageant and a more traditional balloon race the fiesta takes place every autumn near kyoto it's asia's largest and well if you look at it one of the most colorful as well. coming up next kris kobach is here with g.w. business in the meantime you can find all the latest news and information around the clock on our web site that's t w dot com i'm called as will be back with more news there shortly thanks for watching. my 1st vice like mosul sewing machine. where i come from women are almost by this notion for. something as simple as learning how to write a bicep those is and. since i was a little girl i wanted to have a bicycle of my home and it took me years to going to buy it. finally the game bob
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invented by me and i said this but returns with the sewing machine sewing i suppose was more apropos for me to put those than rising of ice and snow i want to meet those woman back home who are bound by their duties and social norms and inform them of old dead basic rights my name is the amount of people who are and a war that's easy to. reaching for help in a time of changing reality you have chrysler and peugeot one degree the world's 4th largest automaker to confront big shifts in the future of mobility also coming tanzanian farmers try swapping their crops with vanilla to cash in on task for long ago market prices but it's not an easy switch and dressing up yourself just isn't
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enough americans go on the hunt for the best halloween costumes providing a boon for regional. office called will go up into the program as the automotive world is going through profound changes. the response of some of the biggest name in the business is take the car pool lane chrysler and p.s.a. pujo have confirmed they intend to merge and tie up worth $50000000000.00 which would create the world's 4th largest automaker the move comes as car makers grapple with a downturn in demand price investments in electric and south driving vehicles the future looks bleak for the internal combustion engine car makers worry about getting left behind free at chrysler has failed to invest in new technologies such as all thomas driving and electric power that's why it's been looking for a partner for
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a long time. enter to show situation 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 or. call us and to face that kind of challenges you need 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 fee out chrysler together with peugeot citroen would be the 4th largest car maker in the
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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 that 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 that fee at in italy are under utilized and peugeot's german subsidiary opel and british folk soul 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 a bloomberg report earlier u.s. president said the 2 sides would soon choose a new place to sign
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a phase one trade agreement in november he originally hoped to finalize the deal at the apec summit in chile but that was cancelled after mass demonstrations would stall deaths 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 news from the industry sector in the broader area of cargo and then also the federal reserve meeting from the day prior where jerome powell 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
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from private 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 and tweeting that there will be a signing of the phase one deal pretty soon so pretty conflicting environment overall is court in new york thank you. and now to some of the other business stories making news mo bar owner says it's taken a $4500000000.00 hit on its investment in the cigarette maker jewel to paint nearly $13000000000.00 for a 35 percent stake in the vaporing firm only last year but the deal has gone sour thanks to a crackdown on v.p. by u.s. regulators boeing says cracks have been found in up to 15 of its popular 7 $37.00 planes after global inspections 2 of quantas jets are reportedly affected but the airline has so far rejected calls to ground its entire $737.00 fleet saudi arabia
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expects its budget deficit to widen to 6.5 percent of gross domestic product next year that to about $50000000000.00 that's from 4.7 percent this year government income has been hit by no oil prices as the pro-democracy protests continue official data confirms that hong kong is now in recession gross domestic product tranq by about 3 percent in the last quarter a months of unrest have piled pressure on an economy already reeling from the us china trade with. now you'd think vanilla would be fairly common it adds flavor 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 that's why prices are extra nominal and that aust to be good news to the farmers who grow down places like tanzania but it's anything but easy money. vanilla is
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delicate and very valuable to harvest pods of the highest quality it takes a lot of care and a lot of time sociable. here on pemba island in tanzania has only been grown since the 1990 s. many farmers here switched to vanilla hoping to capitalize on booming demand for their fragrant spice and on the high prices how might 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 ones are welcome but it also depends on the seedlings you want to give me if you live big look you kate.
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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 fence entire annual production it's about half a kilogram that in the name i have already started benefiting last year i made over 250000 shillings or $110.00 u.s. dollars and this year i'm expecting over 500000 shillings. we'll keep earning 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
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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 see more of what you have done as you are all the farming activity us and through our agricultural officers. everything that is produced on these plantations and goes to britain they're a cosmetics company uses a lot of vanilla and its products for now it's willing to pay a lot for this rare commodity. now it is this time of year so bear with me here. this halloween season is going to the dogs as more and more people in the united states have turned to address their pets up in costumes according to the national retail foundation almost 30000000 americans have gone to buy the strangest and spookiest halloween pet costumes. one dog turns into
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a buzzy be another into a glitzy pumpkin. there's even a fearsome lion. to scare the neighbors. it seems there are just as many costumes for pets as there often people stores in the us a full of cute and creepy patted the town is love to buy for that dogs 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 teenager according to the national retail foundation americans will spend almost $9000000000.00 on halloween almost half a 1000000000 on pet costumes and costume canine pics of big on facebook instagram
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whatsapp and pinterest. these days we're placing halloween orders as early as 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 just 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. i'm sure there were thanks will.
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selling sexism. think is for guns and the farms industry makes lots of money with gender stereotypes. more and more women and men are saying that they. serve some businesses now making. conformity.
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made in germany. to the point strong opinions clear positions international perspectives. there's a growing sense of war torn syria is entering a new face with the u.s. apparently ambivalent about its role in the region russia and turkey have stepped into the vacuum so what now lies ahead for syria to find out also the corner. in 60 minutes on the d.w. . your link time news from africa and the world join us on facebook d w africa. welcome to the
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euro max new jan. good mine of stories. with exclusive insights. and a must see concern. you're a. place to be curious minds. do it yourself networkers if. subscribers don't miss out if. pink fungo is blue for boys it just drives me crazy i got to write gender cliches there ingrained in our brains from a very early age.

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