tv Business Deutsche Welle November 27, 2019 10:15pm-10:31pm CET
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u.s. national team has misfired in 2016 he joined the head to board as an advisor this month. so this is d w news my from coming up in the business update i've been blocking highways and city streets in several european countries bringing in areas to restock the timing why now fed up and demanding to be. stephen because they has that story in business update in just about let's move world headlines at the top of the. form. and on demand. language courses. video and audio. where.
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it's all happening which of british. you are linked to news from africa and the world. your link to inception stories and discussions can you unwelcome student news actually comes grammy night from funny gemini from a use of easy and while i would say deep down beat it comes the traffic come join us on facebook d w africa. the u.s. economy is looking pretty durable as the ever important holiday season approaches business investment is up consumer spending is strong and the markets are on fire look at what that all means for normal americans. also on the show farmers are rolling into european capitals in protest we'll tell you what has them so upset.
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and can european space engineers improve their ariano program and compete with private challengers like you on modest space x. . this is your business report i'm stephen beers in blunt thanks for watching the u.s. economy grew at a faster rate this summer than previously thought analysts say it's a sign of the country's economic hardiness during a global slowdown the commerce department reported 2 point one percent g.d.p. growth between july and september that's 2 tenths of a percent higher than earlier estimate it turns out that businesses invested more than expected consumer spending meanwhile remain strong a good sign for the coming holiday season. and we go now to young's quarter our financial correspondent in new york i want to talk about another traditional gauge of the u.s. economy market indexes yesterday the dow jones industrial average closing at a record high for the 100th time since donald trump's inauguration so what's behind that search. you know actually here on wednesday we had
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another record close so now it's $101.00 records since january of 2017 that is pretty stunning and u.s. president donald trump at a campaign event in florida actually said everybody is getting rich well thanks to us president donald trump well especially last year probably the huge tax cuts that we saw with donald trump. why companies made more money and that led to some of those records but also on the other side we have more spending from the government and less revenue because of the lowered taxes so that also means that the debt load is increasing and then we also shouldn't forget that. trend not just with the economy but also with the stock market already started in
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march of 2009 and big then the president was not but barack obama well you could probably. see some but. the stock market is on fire but as i said it also comes as a price with higher debt. so yes thursday is the thanksgiving holiday in the u.s. are americans feeling thankful for this economy. well as i mentioned don't know. that everybody is getting rich with this stock market on fire but that is actually not necessarily the case just look at one statistic 84 percent of stocks held by americans actually belong to the wealthiest 10 percent of households i'm so it's only a minority of americans who profit from the rise in the stock market just with their pension plans or for one case so it's only the lucky few who really
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participate in this rally on wall street all right there for us in new york thank you. shares and boeing fell one and a half percent after u.s. federal safety regulators indicated they would keep full control over approvals of each new $737.00 max produced the federal aviation administration is planning to review some 300 of the planes before delivery to buyers boeing was hoping to start flying the 737 max again in january the model has been grounded following 2 deadly crashes on a positive note for the company nato has awarded a $1000000000.00 contract to boeing to modernize awacs reconnaissance planes. over to europe germany's deutsche bank has reportedly sold about $50000000000.00 worth of unwanted assets so the goldman sachs group both companies have declined to comment on the deal the transaction is part of deutsche is seen to reinvent itself partly by unloading businesses where it feels it can no longer compete the assets were associates of the bank's emerging market debt and were booked to the company's
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so-called bad bank unit. european farmers are making themselves heard this week on tuesday in the german capital berlin protesters on tractors brought part of the city to a standstill irish and french farmers have now also taken to the streets the precise reason for each protest may be different but they all share a common message farmers are getting a raw deal. next stop paris on wednesday morning hundreds of farmers hit the road for the french capital to demand answers from president chrome they smelled of roads as they made their way to the famous shown sillies a. if you do it all conclude it is agriculture is dying seriously in every sector just last week or last another colleague to suicide this can't go on through more than 2 suicides per day among the french farming community that's clearly a sign that things are very very bad and we've come here to tell the government to
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wake up. the french farmers insists they're being severely hit by policies such as the phasing out of the common weed kill eg life is 8 they also want an end to excessive criticism of random or welfare and the use of pesticides a practice they call angry bashing it's a message echoed by their colleagues in ireland who blocked rainy streets in dublin this week they say they're shouldering too much blame for climate change. back in paris the farmers didn't get the direct response from president macron that they demand it but they were promised by a government spokesperson that they would always be treated fairly. in the war actually more or less now we're currently opening a period of commercial negotiation between produces and large scale distributors. and the government is clearly listening closely at this delicate time which allows
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prices to be fixed for next year will ensure that there are extensive checks to make sure that these negotiations are conducted within the law. the anger shown by the french farmers reflects a dissatisfaction among many of their struggling european colleagues behind it is a fear that the next big policy change targeted at their sector could prove to be the last straw let's take a look at some of the other global business stories making news. b.m.w. is lowering bonuses for its $90000.00 workers in germany as part of a drive to reduce costs profit sharing for employees will be cut by 20 percent starting next year this year b.m.w. workers receive just over 9000 euros and shared profits carmaker says the cut will while its preserve jobs. twitter will begin to leading accounts that have been inactive for more than 6 months the company sent warning emails to users if they want to keep their handles they'll have to log in before december 11th twitter
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didn't say how many accounts fit the criteria although it is expected to be in the millions. of the future of european space missions could hang in the balance this week ministers with the european space agency are gathering in spain and high on their agenda is the new launch vehicle area on a 6 it cost around 3 and a half 1000000000 euros to develop and it's already at risk of being out competed by private space for. europe's new space shuttle is launching into a fiercely competitive market with new financially powerful rifles and it's a biased contest the chinese russians and americans benefit from any public sector who has noticed institutional launches but you can only be given to domestic brands this stipulation doesn't apply in europe space-x. office prices in europe that's a hot for domestic launches to compete with. by the dozens of unpledged this is
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information it's not a secret. if you search online you'll see that space x. recently sold launches forth for $100000000.00 and offer the same rockets to europe for $50000000.00 that's half the price. from fatigue on the board. pis. the launch costs for r e m $6.00 had to be brought down dramatically by at least 40 percent which is no mean feat. that's why they're relying on synergies. new boosters have been developed and tested they give the shuttle the thrust it needs during takeoff and they will likely be used to europe small of a caracas to swallow. this means they can produce more units which reduces production costs. the operators expect the biggest savings to come from the new production methods like the protective insulation on the upper section. plates used to be glued to the outside of the market by hand
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a time consuming process. 6 and for the 1st time these components are sprayed on by overbought. so much it's emitted like this creates a uniform surface which is important for the structures on the upper section. because it's much better and easier if you have much better control of the process if you can it's much more cost effective than the previous method would sit there are $2.00 versions planned for the new rocket one will be able to launch 2 satellites and the other will be able to launch for the operators hope this flexibility will help to attract more customers. that calling for e.u. funds for rockets to go to european produces. because india fumio we're much more dependent on the commercial market it's just a question of fairness if we have institutional launches and europe we should
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launch with a european rocket. up to 12 rockets had to be produced on nearly double the previous amount. this fuel tank will soon take off on its maiden flight. the 1st ari on 6 will launch from french briana at the end of 2020. and that's all from me and the deja vu business you're going to course find out about these and other stories online at www dot com slash business be sure to check us out on facebook and twitter i'm stephen there's a place watching. living
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in 60 minutes. the lesson to sift through you don't need to keep a day about other people's old photos with the mention home the force and flew the full disclosure seaman that he came up with at least about the misuse of fanny's at the last dragon this 100. 3. degrees books. are we alone it's a fundamental question on humanity trying to figure out whether or not. life existed on mars pretty clear water was there quite abundance while that would be interesting so i bars the atmosphere as a 100th of what we have here on earth it's very very cold and at the past it's like antarctica you could imagine bringing some supplies and you know if you do them to
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build a little self-contained pressured vehicle or vessel which would be on the surface there are things like hawks and that you can harvest from the atmosphere to help make living possible. if you want to think of humanity if we really want to survive forever we're going to have to move off the earth a bentley and i know that seems a little crazy but you've got to start somewhere. this is news africa coming up on the program diane warnings from the u.n. on the increasingly desperate situation in booking office so there's been a 500 percent up to an increase in displacement one 3rd of the nation is now a conflict area this is a catastrophe and we've got to act and we've got to act now people are beginning to stop cost estimates fall and spread what i call sos on the comments we stopped also
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