tv Business Deutsche Welle December 18, 2019 6:15pm-6:31pm CET
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shortly i got a knocking on all the other bush one saying that as africa's economic country smoking 25 consecutive years of its currency losing the father against the dollar to hunt elephants from the business update on top stories in just a moment i'll be back at the top of the debt. where i come from we have to fight for a free press and was born and raised in a new town with the painter shift with just one to the shadow and if you newspapers when official information has attorneys i have work off the streets of many cameras and their problems are almost the same 14 social inequality a lack of the freedom of the press and corruption we can afford to stay silent when
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it comes to the fans and the humans on seeing the microphones to hunt inside to put their trust in us. my name is jenny paris and i work. it's all silver anniversary but not a happy one for most canadians for an unbelievable 25 years in a row. those that are dropped to see that next year's elections inside politicians are not likely to come up with any solutions. to our way c.e.o. tells g.w. in an exclusive interview we're not spying but is that enough to convince lawmakers in germany the u.s. and the rest of the world still don't trust china's telecoms giant to build that 5
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g. infrastructure. also to show its official in a $50000000000.00 deal france's p.s.a. group french fear of christ will join forces to create the world's 4th largest companies. business business africa and africa global business news here on. as welcome and we start in ghana where the local currency is under pressure again it's not just recently the city is heading for its 25th straight year of the prescience against the dollar at korti to prove data overshooting fiscal deficit and debt is one source of the weakness investors are concerned that the government won't stick to its spending targets after next year's election this year the city has lost 15 percent that's pretty close to the biggest and the decline in 2015 when the currency slumps 18 percent.
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the controversy over who always roll as apply a full 5 g. network infrastructure is heating up china's ambassador to berlin warn germany of excluding weiwei where from the country's 5 g. network and we've reported these threatened german comic has with repercussions chancellor angela merkel said today that she had no knowledge of any pressure from china critics are concerned that is too close to the chinese state and that it might use its technology to spy on foreign countries in an exclusive interview with the. sham and long young who says all allegations are unfounded it looks like a renaissance castle in the middle of europe but it is actually only a modern replica and part of the research and development operations at china's tech supreme oh huawei the campus outside of shenzhen was open this spring from the
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outside it's nostalgia britain large but inside it is futurism pure huawei demonstrates tomorrow's world of wireless communications here the company uses the facility to flex its 5 g. muscles while ways take on the new technology is praised by many customers and it's cheaper than 5 g. systems from europe or the united states but many are wary with critics saying the threat for a while wait to misuse of technology is real the concern is that it would pass on user data to the chinese government. the chairman of the company told george yvel of the concerns are unfounded. all we want to one way is never received any such requests during our operations over the past years and even if we receive such requests in the future we would not agree to them without lawful requests we won't do anything which will a woman. though there is no proof of data protection issues at huawei the united
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states is vehement about locking them out of 5 g. network build outs germany is also wrestling with the issue beijing says it will retaliate against berlin if walk away is banned in germany. top story the currency in ghana under pressure again let's now get some more information from my cycle it says our correspondent in iraq it's the 25th year of depreciation of gone us currency how will people in ghana ordering people cope with that situation it's very difficult for gagnon's really businesses and individuals for businesses to struggle really to be able to make a profit because they need to access a lot of foreign currency to import the group bringing to the country and for local individuals the house to really contend with high prices of products because the
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country really imports a lot and doesn't exports much so really it's a struggle inside difficult time for many gun ians who really have to deal with this high as it was actually with that depreciation of the local currency and i said what were the governments towns of measures and the house they were. the government's counter measure has been for example to show that people call it a local currencies instead of. the euro or their pound sterling not us but has been to a should i do a lot of foreign currency into the system so that we don't have shortages but these are just short term measures and there are no long term measures so obviously it doesn't really help to deal with the situation and we continue to have their value of their cd depreciation depreciating and also losing value. in the bank of god is considering to launch a digital currency how far is the plan and how could it change the whole situation
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so that's really it's not measured i really can't deal with the value of the cd is really to ensure that we have a cash less economy so people can continue to trade on their digital platforms so really it is not measured i was going to do with the issue unless a country begins to export begins to produce is production that is what really is needed and as we speak in the digital currency that i bank of gun i want to introduce which is still just a saying and not an auction really is not going to deal with the situation in the long term. for us thank you very much thank you. now if you're having trouble choosing your favorite digital assistant whether it be syria or cortana you might soon not have to play favorites amazon google and apple have announced plans to develop
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a common platform for smart home products the goal is to make it easier for artificial intelligence interfaces like imus unselect sample siri as well as google's system to support a wider range of smart home products a corporation is expected to celebrate the arrival of new applications and smart devices for home use. this as a new car giant in the making francis p.s.a. group the maker of. and fear of chrysler have reached a binding agreement to a merger the $50000000000.00 deal will create the world's 4th largest copper news yammers to join resources to address the challenges of future mobility. it's a merger of equals a $5050.00 deal worth $50000000000.00 it brings together some iconic brands on the french side as per usual and citoyen as well as germany's opel and then their
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sphere at chrysler with not only its namesake brands but also dodge and cheap and even some luxury brands alfa romeo and muscle roddy while some of these brands have struggled in the past and found it difficult to adapt to massive changes in the automotive sector together they form a strong global player. the merger creates a new number 4 in the world com market with combined sales of just under 9000000 vehicles feared chrysler is topped by germany's fox japan's toyota and by over an only son all selling over 10000000 vehicles per year the new company leaves behind american auto maker general motors. together for at chrysler and france's p.s.a. will employ 400000 people analysts say the thai. could allow the french carmaker to break into the american market where it is not well established and could benefit from crisis position but they may face more challenges in asia where both companies
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are not seen a strong players and neither fia tries to nor p.s.a. has a leading premium brand like some of their competitors the 2 companies say the merger will help them address future challenges such as the move to electric fields. boeing's announcements to suspend production of its ill fated 737 max jets come january has left many suppliers and employees wondering about their future hundreds of companies and tens of thousands of jobs are affected in the u.s. alone. it's an especially slow day at the sandwich shop in renton washington near the boeing plant so shop owner key at least has time to hear the concerns of this boeing employees. can see it's not good. it's going to. fulfill the last only office what i can say. that's the. key it is
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uncertain too hungry boeing employees account for the lion's share of his daily orders. if there are any layoffs his business will suffer badly as straight 80 percent of the support for the mostly go over there you know people see the order and this is somebody who got the order so much you know before you know he's coming for this support but boy. and the uncertainty is spreading to boeing suppliers like spirit aero systems the biggest employer in the u.s. state of kansas governor laura kelly is trying to find ways to keep people on the payroll. we might offset some of their expense by losing things like our employment fund but that isn't comforting anyone and spirit could be a way off could be for a lot. i honestly don't know it's about it. all i know that of. the production stand for the 737 max is casting
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a long dark shadow on many american companies employees in the u.s. aviation industry can only hope that they'll soon be building 730 seven's again. withstand the u.s. for the congress has approved sanctions on any company involved in building the north stream to gas pipeline is being built under the baltic sea at a cost of around $10000000000.00 euros a bill was inserted into a huge defense spending bill and easily passed the senate vote of $86.00 to $8.00 after passing the house last week the north plan is to deliver russian natural gas to europe something the u.s. wants to stop. sales of diamonds have slumped by almost $1400000000.00 mining companies the best capping a torrid 12 months and oversupply of rough diamonds a subclass of polish stones and falling prices of pile pressure on all companies that mine down that's why the bears which also has
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a mining operations in the maybe a in botswana has been offering more flexibility to its customers it has been allowing them to reject some rough diamonds also cut prices across the board by about 5 resigned the company has also been is spending money on advertising to drive consumer demand. well that's all from me on the business scene here and belin from all goes all websites as. such business also follow us on facebook twitter said you know news africa is posting month was up next right here after this quick update on global see.
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your link to exception stories and discussions caillou and muslim student news actually program and from funny jimmy from the news of easy town while loop safety deputed comes to match africa join us on facebook d w africa. this is news africa coming up in the next 15 minutes see europe's expects to crack down on migration from africa all starting to buy but at what cost the e.u. supported a little to close the border between a and b. and 2015 that's. all a stunt is more lives at risk. let's say i'm a driver transporting migrants and suddenly the military shows up here with the migrants out of the car just down the road and tell them to wait there until i come back and then i just leave and they don't.
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