Skip to main content

tv   Business  Deutsche Welle  November 11, 2019 9:30am-9:46am CET

9:30 am
makes the bow to. bring. it down how i play. this world archimandrite starts nov 14th on t. w. . they just can't get enough of each other the leaders of greece and china come together again the 2nd time in as many weeks deepening relations and inspecting china's biggest investment in the country which has drawn the ire of some european politicians. lisbon's victims of real estate speculators and tourism boom and visa perks chinese investors pile into portugal's housing market. and let it float singles day sales surged past the $1000000000.00 mark within the 1st couple
9:31 am
minutes of online trading. and then fizzle and that's the business asian shares have started the week on a week a note investors are worried about more violence in hong kong and there is the continuing uncertainty over whether the united states and china can find a truce in their trade war us president don't trump sounded mistake over the weekend telling reporters talks with beijing a moving along beautifully that's more upbeat than a few days ago when he stressed washington would not agree to a full back of terrifying remarks that hit stocks and the dollar just 3 prime minister was in shanghai just last week now his chinese counterpart is in athens to deepen ties xi jinping will pop into the board of praise china's gateway to europe and investment that has european leaders divided china's costco started leasing terminals at the port in 2008 since then it's. in funds worth some one and
9:32 am
a half 1000000000 euros china is also injecting big money into the nation's energy sector the world's largest power supply a chinese think grid bought a quarter of the greek electricity grid 26 staying for what athens called a very good price the exact sum though is unknown and the huge sale continues greece is privatizing its state firms a 3rd of athens airport authority is up for grabs for one of the half 1000000000 so a massive amount of money is flowing into government coffers but some don't like that it's chinese money let's go over to. joins us from athens and this port project is looked at with apprehension by the west why. well you're absolutely right then and not just this pork project this over 6 all this these ties over all between greece and china are being viewed with
9:33 am
a critical eye and it is a difficult balancing act for the government here on the one hand it has to heed concerns being surrounded by washington which is concerned about growing strong growing influence of china into the western markets there is concern also among the e.u. which greece is a member of. the e.u. is calling for stringent screening of chinese enterprises and is critical about greece. bringing in and providing access to china to the western markets at the same time though greece has to look at its own very interest in its coming out of a decade of a very brutal financial crisis and the new prime minister here to get this meet that guy is business minded his his legacy is pinned on literally
9:34 am
reviving the fortunes of this country jumpstarting the economy getting jobs going so china plays a very very important part in this so and also for example cosco which is china's giant shipping operator. has played an important role it sunk as you said almost $2000000000.00 in investments here in greece and it wants to see in the chinese leader is here to see that being pushed forward and deeper expanding on these ties and the greeks will move ahead with this but with the type balancing at greece china want to work together more closely on like in telecommunications as well is is there resistance to using well wait which is blacklisted by the u.s. . well the greeks have faired and of course there is a project officer with the tipperary 7 they're in on this deal for
9:35 am
a standing 5 g. . technology and they're very keen to bring that they've already had. on the project than expected they expect to see this coming in 2 years for you by the end of the year going to commercial market by 2021 knocking about the security can that are being raised by the americans in fact being their thing that they are ground and the kind of cyber force in athens thank you very much chinese investors have also piled into portugal's housing market lisbon is a favorite the place is a lot of tourism is booming and there is another incentive foreigners who fall count enough can clinch themselves a golden visa. the old quarter. this is where lotus pinero was once man now she's on the road to help victims of real estate
9:36 am
speculation who are mostly women. so how did the guy that i sent over repair your light young have something to eat today margarita lopes she is one of the last original residents here with more and more tourists arriving lisbon residents are being pushed out what's really. come in and take a look the landlord has left the broken roof open for a year now it's rained in here and now the roof has collapsed it's destroyed everything i had. they're not going to repair it they're just trying to get me out of the vessel even if we can't always wash the source all the other stuff lots of people rent to foreigners for a lot of money in the house below margarita as foreign as a paying $900.00 euros a month people here can't afford that people where. lisbon has become mean of late for each resident there are 9 tourists here our city is selling itself into
9:37 am
oblivion says returns from the organization. the single mother lives in a suburb of lisbon people are being forced to move out there as well she's come to campus to organize resistance today she's in one of the better neighborhoods i'm going to come by this neighborhood has been sanctioned for plunder like all of list been this house and 700 others was sold to an insurance company in one go it says stop the evictions on the wall of the bookstore that's the meeting point for the victims of real estate speculation. the bookstore owner was also supposed to leave a few long ago it's a rough area. leaving we've been living here for 5060 years of being thrown out without any alternative so now they're losing their livelihoods. but of their little lives off but still save you the alien. buildings are being renovated and
9:38 am
built whoever invests 350000 euros in portugal gets a visa portugal has issued 6000 so-called golden visas to date mostly to chinese investors that's pulled in over 4 and a half 1000000000 euros there's no end to the boom in sight either. it's like a tsunami wave of speculation attracting investors to the city the big question is what will happen to our city there's no room for us and our children. but in oz it but not strange as it looked residents here have opted to face the tsunami head on by helping the victims and winning back the city. time to celebrate if you're single and buy yourself a gift or began as an alternative to valentine's day has grown into the world's biggest online shopping day thanks to some very clever marketing by the asian
9:39 am
e-commerce giants. on the stroke of midnight the money started rolling in alibaba singles day usually brings mind boggling numbers this time sales surged past the $1000000000.00 mark in a little over one made it. less than american superstar taylor swift front of the opening celebrations in shanghai all to persuade online shoppers to philips their cyber shopping. cobbs this year's event finds out the barber at something of a crossroads for the 1st time employees on to being led by flamboyant co-founder jack ma who resigned as chairman in september singles day also comes just as the company looks to raise up to $15000000000.00 in a hong kong share sale later this month. meanwhile ali baba's latest global bit of
9:40 am
phones seems to have gone well. now to some of the other business stories making news a judge in malaysia has ordered former prime minister najib razak to enter a defense of this part of his 1st trial over the one m.t.b. scandal billions of dollars was stolen from the state basement front told the court he planned to testify in his own defense. as ready as men carry a quantas has pledged to achieve 0 net emissions by 2050 it's the 2nd airline to do so love the bridge in a way zoned i.a.g. qantas is also investing about 13000000 euros in developing more sustainable aviation fuels and the federation of german industry wants the government to set up a spaceport in germany it would focus on transporting small size satellites into space experts say will be key to future communication networks and developments like driverless cars. through i didn't know jules went on world tours but these next ones did prior to this week's auction at sotheby's in geneva
9:41 am
a striking colombian piece from the 1970 s. and one bracelet which is a bright he's dealing with. a sapphire flanked by diamonds that they were built to anyone with a spare $2.00 to $3000000.00 in their pockets the bracelets is the crown jewel if you will of a collection of art deco gems that will go under the hammer at the bees auction in geneva this date to 927 and we have been the same to nada splendid. created exactly at the same time $927.00. can be different in style and design also vying for attention is this emerald and diamond neck place which was once owned by princess sally ma. southern bees representatives did not hold back in expounding the virtues of its origin is.
9:42 am
the finest thermals in the world come from colombia. and particularly from the area of the mine. and all of these rules are typical that there are production this rich these are particularly clearly in the absent of floors the apparently flawless pieces in the collection are expected to fetch several $1000000.00 each just who is in the market for them remains a mystery. but it's business with.
9:43 am
a laugh. from it will make fun about their own social economic and political problems. in mozambique we say that you have to laugh so you don't write it all people call me a liberal. as a journalist i often talk about these folks in that balance of the left to look at it that way actors fascinate day by checking all those jokes finding out what people are talking about what is moving them. my father taught me how to ask
9:44 am
a 1st above questions about my country and about what that is what i keep doing to this day my needs that he's fulfilled and i work at the that really. touched. on. the main actors in this production of the new testament on migrants it's a political project by those twister i know how angelina shukaku is nigerian he's a christian and he's playing an apostle. who the goes i believe is very good for that because. well walking in the few of them gets unless. it is a project that combines art and politics in the european capital of culture in
9:45 am
southern italy. told well absolutely 000000 that with our goal at the top of the problem. today is the day of the big rally antony dons his apostle costume and sent some for the meeting point in metairie as old town several famous films about jesus have been shot here this one is special it depicts the life of jesus but will also be about a real life proto. asked a march against the exploitation of refugees from africa supporters have come from the surrounding migrant reception centers and towns. the posters are almost ready and there's a relaxed atmosphere the political protest is also part of mido house film this is a real campaign for justice led by migrants playing jesus.

39 Views

info Stream Only

Uploaded by TV Archive on