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tv   Business  Deutsche Welle  November 22, 2019 11:30am-11:46am CET

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deadweight. 3 princes. only dream of meeting the arab world. the rival princes of the gold starts november 27th on the d w. does check for gold to liberty or oppression hong kong protesters connect to the world with their smartphones but do governments have the technological upper hand we'll ask taiwan's digital minister also on the program christine legarde calls for more growth in europe as she meets europe's bankers frankly. i'm chris colfer welcome to the program hong kong's fully technique university has been an important place of learning over the years not least in computing and digital
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engineering but over the last week it has been the site of a siege involving anti-government protesters and students a small core remain there with their mobile phones their main outlets to the world beyond the campus the online realm as been as important a battleground in the ongoing hong kong protests as any other has helped galvanize the protests but it has also become increasingly possible for state players like the chinese government to use technology on line to work against and suppress the. earlier i spoke to all right tang the digital minister of taiwan a democratic island with its own worries about beijing and i asked her how she viewed the protests in hong kong. i think in taiwan where we're looking at hong kong we're seeing the beginning of a new way of demonstration for liberal democracies that are what they called the water or a leaderless movement you know our own some foreign movement which i participated
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where we occupied a parliament for 21 days speck in 2014 we started this way of coronating a leaderless movement by the time it was more like 20 leaders but in hong kong it's now like 2000 leaders. you started writing computer code when you were a kid you've been active as a hacker now you are the digital minister of taiwan and you've called for a reinvention of democracy how's that supposed to look like and how do you view your own role in it. as additional minister my workspace is totally radically transparent all of the meetings that i chair the full transcript can be found on the internet it is entirely published and so radically trusting people and making the state and how the state works transparent to the people everybody can understand not only the why of policy but also the why of policy making the context of policy making and this is as opposed to other jurisdiction which makes the system transparent to the state. but is there more to it when it comes to digital
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reinvention of democracy than just providing a bunch of papers for that matter into one what we're doing is we're bringing technologies to where people are instead of asking people to come to technology and so we have universal broadband as a human right anywhere in taiwan even the top of the mountain if you send 4000 meters you have to make a bit per 2nd and if you don't it's my fault and everybody can be press you tube or everybody can just voice your opinions and that is the foundation of liberal democracy because if universal brabant as a human right we're also opening up the entire participatory budget persecutor regulation everything on a single precision platform called join that you'll be dead t w that has more than $10000000.00 active users out of $23000000.00 active evidence into one big tech companies have played a questionable role in recent times when it comes to democracies serving as platforms where fake news can be spread or where voters can be influenced how do
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you view their role in the future. 1st of all just like in the additional counter spawn issue 20 years ago we need to establish a nor where people can very easily voluntarily participate in effect checking community and this is a large platform has done but more importantly in each of our ministries toure's a team of at least 5 people that can rule out funny memetic engineer it chips classifications one hour after each discipline mission gets spread so that when people look at this clarification it is just they would think of something that's funny and instead of turning anger into outrage it will become something that people can more act in a pro-social manner and this is way that we don't take down anything by the journalist our minister's words are not hired in a journalist's words but we contribute into fact checking out journalists and they're providing real time clarifications very quickly and also very funny way. that was all right tang digital minister of taiwan. the euro zone needs to create
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more economic growth at home that's the message of the new european central bank president forseen la garde. she today convened at the european banking congress with europe's financial elite she called on euro zone governments to strengthen the midst of demand and extending a decade of growth driven export driven growth margin that by germany is the guard said european countries should innovate and invest more to the most at a time of global uncertainty was the 1st major policy speech as president of the european central bank. correspondent unadvised brown is covering this meeting for us and that is this is not the 1st time that christina guard has called on germany in particular to help spend the euro zone's way out of economic difficulty how's that going down with financial leaders in our audience. well actually financial leaders most of that natalie's they do support the fact that one should
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use the fiscal space individual. countries have in order to boost economic growth because clearly a booming economy is also good for the financial sector and i think that's really in their self interest to use that so-called fiscal space meaning the leave way one has in the budget to increase spending and of course. being a former managing director of the i.m.f. she is reiterating that stance that it is monetary policy it's not the only game in town that needs to be some action also from the politicians there have been hints that mr guard will continue. to tarrie policy as head of the z.b. any more indications of that in her address today. actually have to say i'm a bit wary about that assessment because what she is saying all has said in that speech was quite remarkable because she was mentioning the side effects of the monetary policy stance of the b.b.c. be quite hot high up and her comments on monetary policy meaning she'll try to
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also like sort of harmonize proby the divergent views across the eurozone when it comes to the ultra loose monetary policies having said that what she was announcing again today that they'll do a strategic review meaning they look into how effective tools are what makes sense and what does not make sense in the policy mix very soon so i guess it won't be boring covering the e.c.b. ring the next couple of months to actually do you know your correspondent on advice from frankfurt thank you. and now to some of the other business stories making news at chinese national worked for months on job before it was taken over by a buyer has been arrested in the u.s. is accused of stealing trade secrets from the u.s. company for the chinese government has laundry maker victoria's secret has canceled
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its annual fashion show amid falling ratings and criticism that the show was outdated the show was to give to it has to be featured top supermodels but last year it had its no was ratings ever shared workspace company we work says of lay off 2400 employees globally to cut expenses and stabilize the business japan's softbank has provided we work with a $9500000000.00 are lifeline and will soon own 80 percent of its shares a $939.00 comic book has sold for a record $1260000.00 at auction marvel comics number one origin at least sold for $0.10 it featured the 1st appearances of characters including human torch and the submarine are its tamale now and the country's economy has been sparring since it underwent a political crisis and 2012 parts of the country are still unsafe and not completely under the control of the government and bomb what's more economic growth
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can't keep up with the growing population and yet there are signs of hope and they come from young startups in spite of the dire situation in the west african country businesspeople there are building up their own companies and creating employment and wealth. drying to business blossoms are one of the many ingredients in the juices from sample all of them are organic. i sat to decapitate founded the company in mali's capital bamako in 2016 she was only 25 at the time but she had the idea long before that. to get that out cause it goes to them though when i was a student in france i saw that there were no african products on the shelves. or fades that is why i decided to develop recipes for juices and other plant based products. around it which. today she has 35 full time
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employees and 30 seasonal workers all the work is done by hand the ingredients are heated in large vats and then blended according to a secret recipe we weren't allowed to film today the company is well known. not a simple task in mali prolonged usage is the biggest challenges for the fact that time the women and the time young there are plenty of matches in the industry there are lots of hurdles women a force to work 3 times heart of the men if they want to build a business and basic sefl but that was good for me. to sit on the bottom of it zone produces 5000 baht suggest. the juices are on their way to other west african countries and even europe since business is booming i saturday a kitty wants to expand in the spring she plans on building a new factory provided she receives financing but that's difficult in
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a country plagued by crisis she has more and more customers in mali to the most important domestic market is the capital bamako with its more than 3000000 inhabitants. believe for those that have the supermarkets are important for us because the middle and upper class people go shopping that that's the perfect market for selling our products are full of shit which is a pretty bureau song organic products are very popular people come here asking for them so it has a lot of potential for the future and we can make a good profit with it so people in mali are going to buy more and more of them or not the case. but the company's earnings ultimately rely on the wealth of the country people here have to be able to afford the product for that to happen things will have to change in mali but until then the juices are also popular export products from ali's neighbors. pickup trucks have high profit margins now electric
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car maker tesla has entered the market with its so-called cyber truck it is supposed to accelerate faster than a porsche $911.00 according to the company's founder in the truck also features unbreakable safety glass which turned out to be well not quite so unbreakable just yet right there. you know it's interesting vehicle comes with a price tag of $40000.00 but tesla says it might take years until it goes on sale yeah and that is one car i can tell you as a program thanks for watching. over
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. the degree of i'm. not going to happen again i guess sometimes i am but i stand up in which is that i don't think sneak into the gemini. the stereotype question if you think the future
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country that i don't. think it is grandma yeah. it's all that day. and i'm a child join me in the. post. to welcome to news from the world of arts and culture are meryl and coming up in the next. british. the maori and his wit of wonderful wearable sculptures that can take up to 2 years to make. a very skilled workmen ship involved in making maps which illustrate landscapes you know more why. but
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fust the city of birmingham symphony orchestra in the u.k. seems to have a bit of a knack of finding talented conduct as the current music director is the lithuanian conduct a mere need. appointed to the post while still in her twenty's rather like one of a previous simon rattle now just $33.00 she's the 1st female conductor to have an exclusive contract with a leading classical record company darts a gramophone and is in much to mom as a guest conductor as here with the door. she need to tina is one of the most exciting conductors working today here and they call her my strength. the 33 year old lithuanian to be a regular exclusive guest artist here for 3 years her repertoire includes.

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