tv Business Deutsche Welle November 11, 2019 11:30am-11:46am CET
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world. vision of the middle east. crisis. story november 27th. they can't get enough of each other the leaders of greece and china come together again the 2nd time. deepening relations and inspecting china's biggest investment in the country. victims of real estate speculators a tourism. portugal's housing market. and let it float sales surged past the 1000000000 within the 1st couple of minutes of online
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trading. let's do business. have started the week on a weekend 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 u.s. president donald trump sounded more optimistic over the weekend telling reporters talks with beijing and moving along beautifully that's more upbeat than a few days ago when he stressed washington would not agree. remarks that hit stocks and the dollar. 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 port of prey is 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 pumped in funds worth some one and a half 1000000000 euros china is also injecting big money into the nation's energy
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sector the world's largest power supply a chinese think grid bought a quarter of the greek electricity grid 26 staying 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 and he joins us from athens and he this port project is looked at with apprehension by the west why. well you're absolutely right ben and not just this port project this over 4 all this these ties over all between greece and china are being viewed with a critical eye and it is a difficult balancing act for the government here on the one hand it has to heed
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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. of which greece is as 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 and it's 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 reviving the fortunes of this country jumpstarting the economy getting jobs going
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so china plays a very very important part in this so and also for example cosco which is china's giant shipping operator has has played an important role that 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 a tight balancing at greece china want to work together more closely and i see in telecommunications as well is is their 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 career 7 they're in on this deal for expanding 5. technology and they're very keen to bring this they've already had.
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on this project than expected they expect. coming to you for you by the end of the year going to commercial market by $22.00 they're knocking about the security concerns that are being raised by the americans in fact being saying 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 price is a low tourism is booming and there's another incentive foreigners who fall out enough can clinch themselves a golden these are. the old quarter. this is where lotus piñera was once man now she's on the road to help victims of real estate speculation who are mostly women. so how did the guy in the
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tyson tofu prepare your light young have you had 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 down bots reading. come in and take a look and see the landlord has left the broken roof open for a year now it's rained in here 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. so even if you go with rush that me i e of sorts 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 euros a month people here can't afford that some of the people where the lisbon has become 18 of late for each resident there are 9 tourists here our city is selling itself into oblivion says rita from the organization abita the single mother lives
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in a suburb of lisbon people are being forced to move out there as well she's come to camp or do week to organize resistance today she's in one of the better neighborhoods and the income by this neighborhood has been sanctioned for plunder like all of this 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 live long ago is now for. the legal who have 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 still. iliana. buildings are being renovated and built whoever invests 350000 euros in portugal
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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 i'm also promised change as i know that residents here have opted to face the tsunami head on by helping the victims and winning back their city. now to some of the other business stories making news the u.k. has avoided a technical recession after a contraction in the 2nd quarter official figures show an expansion of point 3 percent in the 3rd quarter still the economy is growing at its lowest annual rate
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since 2010. new york is investigating goldman sachs over gender discrimination it's the bank behind apple's new credit card which critics say offers men a higher credit limit no women apple's co-founder steve wozniak says he received 10 times more credit on the card than his wife. and federation of the german. industry was the government to set up a spaceport in germany evoke a song transporting small size satellites into space experts say will be key to future communication networks or developments like driverless cars. 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 all thanks to some very clever marketing by the asian e-commerce giants. on the stroke of midnight the money started rolling in ali baba's singles day
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usually brings mind boggling numbers this time sales surged past the $1000000000.00 mark in a little over one with it. less than american superstar taylor swift front at the opening celebrations in shanghai or to persuade online shoppers to fill up their cyber shopping carts this year's event finds out the barber it's something of a crossroads for the 1st time employees aren't being led by flamboyant co-founder jack ma who resigned as chairman in september singer's 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 funds seems to have gone what. 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. james
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striking colombian pieces with a 970 s. and one bracelet in particular which is stealing the show. sapphire flanked by diamonds available 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 these 2927 and we have in the seated nada splendid do what they are. created the exactly at the same time $927.00. can be different in style and design also vying for attention is this emerald and diamond necklace which was once owned by princess sally ma. so the bees representatives did not hold back in expounding the virtues of its origins.
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the finest rules in the world come from colombia. and particularly from the area the size of the blues of mine. and these are all these rules are typical of that there are production this rich greene 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. that's doing business with it.
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language. this keeps me and they help us maybe 2 in china let's say you want to know their story. and spur fighting and for a little information for margaret. this week on world stories. tourists visit the berlin wall 30 years after its fall south africans make gin with the aroma of elephant dung but we begin in russia political activists remember a time here when stalin murdered hundreds of thousands of people and had them dumped in shallow graves in the russian city of blood have a chance a man stumbled across one of these mass graves. well what if they look at this hole
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here says metallic russia and shows us the grizzly find on his property. i want to do is stand my house here while i was digging the hole for the foundations i found 1st one skull then a 2nd a 3rd and so on. where. in the meantime fatality has more than 10 sacks of human bones in his garden. a government commission says they come from a mass grave dating back to the 1930 s. or. literally lives with his family in the far east of russia. the city on the chinese border saw mass executions join the stalinist purges the period known by people as the great terror. 'd at the same time 8000 kilometers where the people of moscow are remembering the victims of that terror.
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