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tv   Business  Deutsche Welle  November 5, 2019 4:15am-4:31am CET

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and videos. this is the news live from berlin genelle to milan will be here with business in just a minute. to. come to. school for your concept discomfort with the bollocks. off to 100 years of the ideals of the bombs the more relevant today than they were a. 100 years ago visionaries reshaped.
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people understood design as a way of shaping society. the powerhouse of man does cross over her. with ideas that are her future books on how a card to a. small. part documentary starts november 14th d.w. . the world's most of the alya whole company is finally on its way to becoming the world's most valuable publicly traded company but questions surrounding saudi aramco as i feel linger after years of false starts less than auspicious for what such to become the largest public offering on record. and we take you to speak our fight saddam is rolling out a big bet into the future. of electoral ability there however are also looking at
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story paths producing that icon of former east germany. and desperately needed rain brings relief to farmers along parts of australia's east coast but is it enough to break the drought. this is. apple's days as the world's most valuable publicly traded company might be numbered set to topple it from the top spot is saudi arabia is around the kingdom's market regulator has now green lighted the listing of the state oil giant but details surrounding the size and scope of the i.p.o. defined. after years of waiting saudi aramco perhaps because climate pollution are on the world's most profitable company will offer investors a piece of the kingdom's prize a. state owned aramco accounts for 70 percent of saudi arabia's revenues. the i.p.o. on the riyadh stock exchange could value the company
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a 2 trillion dollars and make around co worth nearly as much as apple and microsoft put together. before us. i think we are all for the listing which will increase our visibility internationally we are a very strong company by sharing a lot of information as required by any listed company that will be a lot of analysts that would review our data and conveyed it with other listed companies. aramco accounts for 10 percent of the world's oil production in the company is the biggest carbon footprint in the world climate campaigners are worried they want fossil fuel companies to scale back and cut carbon emissions not to expand this is a move in the opposite direction. but the economy of saudi arabia must change to survive well comp last forever some analysts say around 70 more years prince mohammed bin solomon wants cash to diversify. the prince wants tourism
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manufacturing and renewable energy to drive growth in the post oil world he has major ambitions to transform saudi into a top 5 global tourism destination. now iran calls it way to an i.p.o. might be overshadowed by risks like geopolitical tensions in the region or ironical as a vulnerability in the face of attacks like the kind that took place in september earlier i asked their wall street correspondent younes quarter how big of a consideration these risks are for investors. well overall the numbers are quite stunning just if you look at the profit in the 1st 9 months of this year it was more than $46000000000.00 that took exxon mobil for example 4 and a half years to even come close to those numbers so if you look at amazon dot com also one of the richest companies when it comes to market valuation on the
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planet since their start they made about 40 percent of profit what saudi aramco did in the 1st 9 months of the year but clearly there are risks involved and we are certainly waiting for me details also who might be allowed to buy stocks in saudi aramco in the past the only big institutional investors with a search on the management of more than $500000000.00 or even allowed to invest into saudi traded stocks. german car bosses met with lawmakers in berlin to discuss how to get more eat cars on the road as germany struggles to meet its environmental targets and it looks like increasing consumer subsidies is said to be one measure but pricing is far from the only challenge the summit comes as europe's biggest carmaker fiat spong begins production of its big bet in the mobility the idea the idea $3.00 is the company's 1st purely electric mass market model but infrastructure remains
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a major issue germany doesn't have enough charging stations to accommodate a large scale adoption of electric vehicles. our reporter was on site for us earlier she called the idea 3 thought songs do or die bad for its future they're planning to make respondents because the biggest plant in europe for electric cars which is huge and they're planning to actually produce 330000 cars a year and if you think about it in the 1st half of 295-0000 cars round about when you leave registered in germany so it does show about a lot of v.w. future is riding on the electric car and it's a very very big to make basically. now after that journey into the future of mobility how about a brief glance at the rearview mirror it's because our thought song is churning out its ultramodern e-cards as we heard there was once the production site of the
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iconic a car that came to symbolize germany's former east as festivities celebrating the 30 year anniversary of the berlin wall kick off what better way to tour the neighborhood of history than in a truck the. the sheer range of cars on display here is a testament to because rich automotive history the industry here dates all the way back to 90 you know for. but in 1949 when communist east germany was founded the factory shifted gear and production was focused on this car trip and powered by a smokey 2 stroke engine it was billed as a car for the people but money and politics were to shape the turbines production history this more modern prototype with a 4 stroke engine never entered production that's because the government like the money to do so. and this design from the 1970 s. was cancelled because it threatened to outdo the soviet built lada several other
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vehicles that had been planned at the same fate. to trim didn't change much over 30 years of production the factory was inefficient and there was a waiting list of 15 years to buy one. when the berlin wall fell in november $989.00 the cars captive market disappeared production of the true brand ended less than 18 months later. now to some of the other global business stories making news one of 3 parachutes failed to open during a crucial unmanned test of boeing c.s.t. 100 starliner despite the parachute failure boeing declared the spacecraft abort test a success the system is designed to propel the crew to safety in the event of an emergency the starliner will ferry astronauts to and from the international space station. apple says it is committing 2 and a half 1000000000 dollars over the next 2 years to help address the shortage of
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affordable housing in california and reduce homelessness apple says its efforts are geared to help community members like teachers firefighters 1st responders and service workers who can no longer find affordable lodging. it's been almost a week since lebanese prime minister saad hariri resigned following widespread protests that have been raging since mid october calling for an end to deeply rooted corruption and mismanaged rule but that's almost has cost the country economically the w spoke to the governor of the lebanese central bank may still here and in the next report. the protestors are blocking major roads in lebanon again just days after they dismantle the roadblocks following prime minister how these decision to step down they don't trust the promises of the new leaders in the midst of the rights of those people that are promising reform at the same ones who are in the country initially beyond just doling they are undermining the situation has
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become an obvious that a little bit down here that how did it all i must leave because they are all thieves from the top of the pyramid to its base. was a lot of. lebanon's economy is ailing corruption is rampant and debt is spiraling youth unemployment is at almost 40 percent some analysts say lebanon is on the verge of bankruptcy riyad salome the governor of the lebanese central bank told d.w. in an exclusive interview that that's not the case. what i said is that we need solutions within days to regain market trust the lebanese economy will not collapse within days the situation is now in the hands of the political leaders and parties. because the starting point to regain trust and the normal running of the economy is in the hands of the country's politicians
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scene was limited. but time could be running out many schools stores and offices are closed due to the roadblocks people come to get to work supplies are running out economic pressure on the government is mounting. the heaviest rains in years have so parts of new south wales in australia that comes as welcome relief in a region region experiencing some of the worst drought ever but longer term the forecasts are still grim. videos have gone viral showing children the new south wales wallowing in the mud and a happy drenched young farmer takes a selfie with her relieved livestock. the weather bureau says parts of the state received nearly 100 millimeters of rain over sunday the most in 7 years and not before time. cattle drink like their lives depend on this and many farmers have already given up. bryan hunt is not exactly ecstatic despite the rain. hell
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slavery just beyond we look to for failure elm cement tanks and it's put a bit too full of water into those tanks it's too little to make up for the damage already done by the dr many farmers lost their harvest again this year but for the 1st time there's hope. that if we can get follow up rowing but we noted pretty quick i'm afraid little of going to be wonderful. much much more would be needed to restore normality to the farming community it would need to rain for weeks months some even say years. and that's it from us thanks for watching.
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more and more young people are striking to save the planet and we're the people who would like to keep living on this planet and if we don't save the planet now it'll be too late it's the 16 year old organize a europe wide climate congress how does that leave time for school in france we accompanied 3 young climate activists. know. d.w.
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. eco india. roads factories cities their numbers are increasing while the forests are decreasing how can they be protected how can reforestation be done right. for the climate for wildlife for humans the forest is a dire importance. in 60 minutes g.w. . there are holes isn't calculable. their egos consentual. their rivalry to play. 3
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princes. who dream of leading the arab world. there are full power and boundless ambition of punch to the middle east into a grave crisis. the rival princes of the cold starts november 27th on t w. was not. that matter. reality yes we want to survive on this planet if we don't say that now it will be too late as a space for over a year young people the world over have been organizing school strikes demanding immediate action to stop climate change reza to back the star of the movement
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sailed across the atlantic to take her message to the u.s. but not.

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