tv Business Deutsche Welle November 8, 2019 12:30am-12:46am CET
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so what's going wrong we don't want to the point. in 60 minutes t.w. . welcome to the what is he doing here or do. we're going to talk about the. bridge that's going to. go. to. washington and beijing calls time on tit for tat a partial rollback of tariffs on each other's goods could spell the wii getting the end of the 19 month trade war. also on the show the swine fever that swept china is spreading now its reach indonesia and its neighbors. in germany marks 30
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years since the fall of the berlin wall we look at how life changed for towns along the former inner german border. this is the w. business i'm joined on in berlin welcome china and the u.s. have said they've agreed to ease tariffs on each other's goods as part of a so-called phase one deal now tariffs have been the weapon of choice especially for the west and the months long trade duel between the world's 2 biggest economies the announced rollback is fueling hopes of the trade wars eventually and. the announcement came from beijing where a commerce ministry spokesman said china and the u.s. would remove tariffs in stages there has been no reaction from washington but hope has been growing for signs of tension will progress to a wider deal. if the 2 sides reach a phase one agreement both sides should in accordance with the contents of the agreement revoke the terrorists already in effect in the same proportion and
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simultaneously this is an important condition for reaching an agreement. china and the u.s. have been fighting a crippling trade war for over a year now installing punitive terrorist on hundreds of millions of dollars of goods and joins us now from new york yes now this initial agreement is being referred to as a phase one is it clear what it covers and what's yet to come. well it's pretty likely what this deal will include some people call it phase one other people call it the mini deal because a lot of subjects will not be touched in this phase one for example the protection of intellectual property or governmental support of chinese companies but basically about more exports of agricultural gold from the united states to china and as you mentioned. face
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a rollback of some of the tariffs that already have been implemented so lots of ground to cover yet we've already seen a lot of relief on the markets we've seen them and on record highs do you think this optimism will last. well i mean we are still a bit short of a detailed some how the whole talks will develop there is some hope that maybe donald trump might already meet next week or early december so if that's going to happen will all saw set the tone for the stock market but we did get a new all time high in the dollar jones industrial average here on thursday and we were only a good one percent of the crucial 28000 point mark in the dow jones industrial average and what we also saw here on thursday is bike in a yields of the 10 years treasuries and that shows that investors are pulling some money out of bonds and investing into the stock market so that is
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a sign that there's still a tide for the u.s. stocks at this point but as always let's wait and see if the speculation becomes reality and we will really see the signing of the phase one trade deal. there on wall street for us watching and waiting thank you very much. for prices continue to soar in china as african swine flu spreads across asia millions of animals have been slaughtered china is worst hit livestock there has already been reduced by 40 percent yet not on the philippines korea and indonesia are also affected the world organization for animal health is warning of a global crisis currently pork supplies are low in china and officials are worried about the latest outbreak in indonesia where the government is tracking developments closely. pigs are being dumped into the river in north some otra
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authorities have already recovered more than 100 dead hogs. there are many pig carcasses floating into our region invidia river and sea on back lake our job is to clean and move these carcasses on to land and bury them we are coordinating closely with the police and army in our region to stay alert for people who might try and dispose of carcasses in our area. over $4000.00 pigs have died since swine flu finally reached indonesia a quarter of the global pig population has already perished the world organization for animal health is alarmed. effect only for a month we are really facing a threat that is global. so we must not only focus on countries that are affected because they are a potential source for spreading the disease to countries that today are still not harmed and i hope will remain so for quite a while. mind that. swine flu has had its biggest impact
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on china though every 2nd pig on the planet lives there this year alone $200000000.00 animals will die or be called prices have exploded and demand can only be met by imports some from europe and now there are fears that the academic could spread further and faster. china is imposing a curfew on its under aged gamers those under 18 are now prohibited from playing online games from 10 pm in the evening until 8 am the new regulations also restrict the amount of time and money minors can spend on online games gaming companies and platforms are also required to enforce the new regulations chinese president xi jinping has criticised video games as being harmful to children. so you. now in case you're flying from or to germany between now and friday but are brace yourself cabin crew at german flag carrier are on
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a 2 day strike on thursday 700 out of 3000 planned flights were cancelled another $600.00 are to be x. on friday in total 180000 passengers are expected to be hit by the walkout the strike is organized by the trade union that represents the cabin crew that wants higher spending and allowances for flight attendants as well as better access to regular employment for seasonal workers. this week marks the 30 years since the fall of the berlin wall it paved the way towards german reunification and shaped the economic fortunes of the nation many towns on both sides of the 1400 kilometer border between east and west germany suffered years of neglect while the country was divided among them was bad has felled located in the former west little was invested there until the iron curtain came down and 989 since then many businesses
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there have embraced the opportunities offered by reunification. it's midnight and syllogistic center for $24.00 plus in bad has spent is bustling $750.00 tons of products are tribes shipped in the where has every nice the products come to this transfer point from all over germany to be loaded on to other trucks there are by. valsin departure is our time to size speed to save money 20 years ago peter paul martin was a logistics pioneer in the half felt good on monday by the time this area was pretty remote with a lot of road infrastructure but that has changed dramatically for us in the last 20 years when it comes to shipping the road network has been built out now and it's very extensive. that would also be bold more than. several highways cross here there are important connections in all directions now all the big players in logistics are in the region. here at the former inner german border the east german
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watchtower and barbed wire have been turned into a memorial band who works for the local government here he's responsible for welcoming new companies to the area he experienced the border here opening in november of 1989 but these days he has other problems in his district there's hardly any more room for new investors. he to be helping those companies is getting more and more difficult because there are fewer properties large enough to serve big companies and it's hard to find suitable personnel when there's not an employment rate of only 4 percent. of. the properties that companies look for are close to the highway like in the time a fleet of it there's a lot going on in the business parks here near the logistic centers there are plenty of small and midsize businesses like this electronic company in the past employees here built simple switch boxes but today they're producing complex
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automation technology. you soaps feed to employees from former east germany so for us it was definitely a positive development which today there's no trace of the former german german order in this area when it comes on the. back to the logistics firm $24.00 plus the company's a testing ground for new software and the just stick solutions everyone here is thinking about digitalisation barbed wire and border walls were forgotten here long ago. a swede has come up with a novel idea to stop the poaching of brian also his horn the wildlife photographer is collecting a fingernail clippings from donors and stockholm to crush up and make it into medicine human fingernails and rhino horn are both made of keratin which many asians believe can cure illnesses and serve as an aphrodisiac there's no scientific evidence of this and no indication yet customers will switch from born to nail.
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paris department store panto has unveiled its christmas window displays and let's just say there's a lot to look out it features that motorized animals in vain the scenes they have everything from turkeys making music and dancing in the kitchen to a giant hand that spraying herself with perfume and mice a trying to escape from the pronto store it took a 650 hours to create the decorations 10000000 people are set to see the christmas displays at owner francois pineau a luxury tycoon hopes it'll work lots of people into the store. and that's it from us thank you for watching.
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troops out of the movie. time to overcome their own troops. and connect the world. has time for cutting. the deficit is coming up ahead. minds. any code base in germany to learn german. published in the. why not learn with him online on mobile and free to suffer from the w.c. learning course nicola's freak. what do you think what do you get for $0.50. for 57. figures if not get rich today just to be a stinking cop feels an awful lot of stuff did you know it cost $0.50 to feed one hungry child for one full day. in one day.
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gaining. some food. to share the meal sharing children just $0.50 at a tap on your smartphone smartphone users number sure i would. imagine the impact you and your friends could have together we can end global hunger please download the app. gobble. down. in the months leading up to the collapse of the communist east bloc german rock band scorpions or some of the 1st western musicians to play in the soviet union it was often 1989 and the wind of political change that was blowing in moscow thanks to mikhail gorbachev's policy of
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glasnost inspired the song of change that became an anthem for the end of the cold war. and with its welcome to arts and culture celebrating the 30th anniversary of the fall of the berlin wall in november 1989 mikael go brush off the last leader of the soviet union is one of the heroes of germany's peaceful revolution at least from a western perspective 3 decades later the man who rocked the world with his vision of social democracy met with the rockers who wrote that soundtrack of hope that we just heard they are of course in the meantime good friends and scorpions paid the 88 year old got a better of a visit in moscow. don't go. listening to them with of. course singer klaus mind serenading
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