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tv   Business  Deutsche Welle  December 9, 2019 10:15pm-10:31pm CET

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good idea. that would be funny but obviously the chinese would never accept that. the chinese ambassador to germany was not amused by the suggestion this talk was nothing but does is out it's absurd that these are not wrong. and that's. the kind of the little fellows are the 1st to be born in palin set to meet the public early next year. all right go work is up next with his own panda story stick around for that. created today's world. a historical turning point in politics business travelers and drawn up people of the islamic revolution. making its initial flirtation with those strengths and states of emergency it sinks
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into chaos pope john paul 2 2nd to suspend hence the people threaten steel girder. crisis and. the start of an era that defines overmanaged today. 19 said the big commutative small steps december 23rd double. the 5. a reboot with political connotations china is reportedly ordering government agencies to get rid of all foreign made computers and software could be in retaliation for western hostility towards its huawei brands also coming up top floor at the world trade organization bodies leadership trying to save the peels.
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court as the united states blocks the appointment of new judges and taking and axe to illegal logging the fight against the unlawful destruction of our main yes primeval flow. was called welcome to the program it's an overhaul nicknamed 352 and it could have far reaching consequences the financial times says china has ordered all its government agencies and public institutions to remove foreign computer equipment and software within 3 years it's the 1st time beijing has given buyers specific instructions to switch to domestic tech companies cons of the midst of the trump administration's global campaign to curb the use of qual way technology outside of china the move is likely to have a big impact on u.s. tech companies such as microsoft h.p. and dell. now let's get more in the story with our wall street correspondent.
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in new york u.s. tech companies generate as much as $150000000000.00 and euro revenues from china how have they been reacting to these rumors. well if you look at the stock prices the reaction has been muted and we still have a couple of open questions so you mentioned this number 150000000000 dollars but a big chunk of that actually comes from private corporations or part please stay home and corporations are the big question is how those are effected and then also what will happen to components china so far has still be dependent on semiconductors for example from the united states but overall this report does underline that china is by far less dependent on technology as china was in the past and should such
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a policy be implemented it could be seen as a response to the way the u.s. is treating china squab way now is washington's attitude likely to be influenced by such a direct. well i mean overall it's a tit for tat and yes as you mentioned washington has been trying for quite some time to block away by the way they're also trying to convince european countries to not use you for their 5 g. networks and we see here in the united states that the chinese companies for instance being specialized in phase recognition technology being banned so it's a back and forth that we're seeing but overall it clearly would not necessarily better the situation between the united states and china and we shouldn't forget this big deadline coming up on this coming sunday when the u.s.
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could impose another set of tariffs on no consumer goods out of china in the value of a good $156000000000.00 but it just shows that those countries more and more will be trying to go separate ways and we will see how disturbing that will be actually for the global economy against court in new york thank you he advised us leaders from richard nixon to barack obama now paul volcker former federal reserve chairman as died at the age of 92 mr volcker tackled us inflation in the 97 days navies and later lent his name to trademark with forms of wall street headed the u.s. central bank from 979-2987 the grandson of german immigrants was born in cape may new jersey his father says he died from complications related to prostate cancer. the head of the world trade organization has announced the launch
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of quote intensive political negotiations to salvage the apple a branch of the body's internal court system the. appeals panel sometimes dubbed the court of world trade will no longer have the needed quorum of 3 judges as of midnight on tuesday due to mandatory retirement and the united states has blocked the appointment of new judges accusing the court of serious overreach and breaching u.s. interests the man is not for budging and on left as an 11th hour breakthrough the face of the world trade organization top of course has been sealed the u.s. ambassador to the w t o denis chase says he'll continue to block the appointment of new judges whose job it is to rule on trade disputes here is what that means the opposite party is made up of 7 judges for whose terms have expired have not been replaced because the
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united states has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function. many of washington's objections center on rulings related to trade with china. without of course the $164.00 member w t o would no longer have a binding dispute settlement system in a global trade environment that is a ready highly volatile that prospect has many feeling highly alarmed. german exports rose unexpectedly in october despite ongoing trade conflicts and they slowdown in the global economy goods sold abroad went up 1.2 percent to almost $120000000000.00 euros cars and machines made in germany or among the top sellers. these cars produced in germany will soon be sold at dealerships in the united states. despite falling out of favor with u.s.
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president donald trump b.m.w. mercedes and folks bargain automobiles are selling well across the atlantic. since 2017 germany's trade surplus with the u.s. has actually widened. exports to china have also risen all of which means germany exported goods worth almost $120000000000.00 euros in october that's an increase of 1.2 percent month on month imports on the other hand decreased slightly to 98000000000 euros that means that goods sold abroad weighed imports by more than 20000000000 euros. but all is not rosy exports to the united kingdom for example fell in october companies on both sides of the channel are concerned about the potential effects of bragg's it on business nonetheless analysts say these latest figures are the 1st positive results for the final quarter of the year with disappointing domestic consumption but encouraging trade
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data europe's largest economy looks set to continue meandering between contraction stagnation and meager growth. and now to some of the other global business stories making headlines the european union has approved its re point 2000000000 euros and subsidies for the eat car battery industry and a challenge to asian dominance of the sector the sons will come from 7 member countries and will be matched with private investors by several. greece has introduced special benefits for the world's richest in a bid to attract foreign investment wealthy foreigners who move their tax registry to the country will be given a special treat for dixie move helps rich boy and it's. illegal logging is a problem all over the world even in the european union romania is home to more than half of europe's remaining untouched forests but protecting them has become a dangerous business this year has seen a number of rangers killed trying to rid the country of illegal lock
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romania's primeval tourists are legendary for their beauty and their under threat illegal logging here is bound up with corruption political intrigue and murder. just look at what's been felt here the mafia took it all away off. georg ablest new york should know he worked for the criminal lumber syndicates for 10 years and he knows how it works that this trip was cut down the illegally or they got that one over there legally you get a license to fell 10 trees and you take a 100 corrupt far as strangers mark the trees or you documents are forged he says the police look the other way and everyone profits each tree is worth hundreds of euros but that is the one far as true workers live in fear they get threatened if you speak out you'll be fired and the order comes from the top from the mafia.
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because the rajah cougar cio was a forest ranger for 25 years earlier this year he was killed with an axe. someone called him and told him to go in the woods because they were making stumps they were cutting his trees were their son is one of 7 romanian rangers slain in recent years so far those behind the attacks have not been determined. i want justice my son was not able to defend himself you know but justice is difficult to obtain here in many of romania's woodland regions such as most of its everyone lives from and with the timber mafia. but one man here is trying to resist by documenting and checking every lumber truck that passes through to bury a botia tar reports each illegal transport he discovers and how did the police react. some of them are or whenever i stop an illegal transport or when i call the
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police they slap a fine on me. lol but most of it sir is romania in miniature. and it's like this in the entire forest sector. to be everyone is one of many who say the words are disappearing because officials work hand in hand with the timber mafia. last month thousands marched on the streets of bucharest to protest against illegal logging in romania's forests and against the attacks on forest workers. and that's all from us for now and for more check out our web site of the day com slash business or. i'm crystal.
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save the planet not mine. reporter david johnston says it's strange we have to do something. the climate crisis is threatening our very existence. many germans would agree but are they prepared to change their habits. and humanity
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and you know what it's time the voice is $100.00. 77 percent to talk about the issue. from the politics of flash from housing boom boom time this is what. welcome to the 77 percent. this week and g.w. . this is the news africa coming up on the program patrolling for pirates u.s. navy house trouble fighting. the coast of west africa becomes piracy. on the devastation in uganda also a village just outside again by flash flood landslides killing thousands.

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