tv Business Deutsche Welle December 30, 2019 7:15pm-7:31pm CET
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writes the world's most grueling ocean challenge to the birds set off from sydney harbor on covered almost 630 nautical miles that's about 1200 kilometers down the country's east coast to hobart and then on a diff tasks make it to bank completes the course of just over 2 days don't say one in 2070. this is due to you coming up next a business africa with stephen beardsley on the back at the top of the out of the day. every journey begins with the 1st step and every language with the 1st word published in the. rico is in germany to learn german why not come with him simple online on your mobile and free south d w z e learning course nikos speak german made easy. in the.
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climate change. proposing to sit. ups nice to people. what ideas do they have for their future. keep going to duck contacts or come and go sit in the meeting to get some clues and enter. the un sharpens its warnings for zimbabwe droughts government dysfunction and inflation are joining to create the worst hunger crisis there is in years now the u.n. says it will run out of food aid by february. also coming up trade wars following and growing anger in the streets of argentina we'll take a look back at some of the big. business stories of 2019. welcome to visit
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africa i'm stephen beard zimbra thanks for joining us drought government dysfunction and an economic emergency have flung zimbabwe into its worst hunger crisis in 10 years that's according to the world food programme which warned monday that more than half of zimbabweans are already facing food insecurity and that many could face outright starvation without help. the un's world food program says it will run out of food reserves to feed undernourished zimbabweans in february. insects harvested from trees in the night have become a critical source of protein for many millions of zimbabweans are now going hungry and the economic crisis continues to rage out of control run away inflation means food is too expensive in these markets because of prices because today to make this . 252 more of the added tomato 400 and people they don't if
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that that's. soaring prices and shortages mean people wait days for fuel. or a typo of an oven we came here yesterday in the morning at 8 and we are still waiting because there is no fuel but when we came that was there so we're still waiting. but running out of petrol doesn't compare with running out of food for more and more zimbabweans. and you when now says half the population lacks access to sufficient amounts of affordable protein and its world food program needs over $200000000.00 for an emergency response in the 1st half of the coming year alone. and for more on this i'm joined now by g.w. correspondent ellis fund gayle's in cape town it's good to see you has anything raise the urgency in particular in recent weeks with this crisis we know the world
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food program has issued a warning weeks ago i believe this is just getting worse or is there a particular thing that's happened. and i'm getting worse and it comes out at the end of february who to program that peak hour from her season so that's when do you expect the need to be the most severe and. that will because it's got funding to materialize who don't come but it's late they basically need about 3 months so they also see that they seen one more shortages they've been monitoring markets in zimbabwe and say that top of the market only have maize left which is the staple in zimbabwe and you mentioned it's also on the reports on top of that the deprived there are getting higher and higher which means by the end of the day food is there just for the privilege that still have money to pay it ok we're having a little bit of a problem with the line but let's keep going. you mentioned both the prices and the
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scarcity how much of this is drought and how much of this appears to be economic mismanagement such as the inflation. a lot of these droughts and. and not just recent droughts it's years and years of drought and we don't know the seed in zimbabwe but we see in all southern african region there's also a drought in part of south africa and. we are on top of that mozambique and also eastern parts of that were ok but it's. a little bit more to the year ago and i was not happy what they think here it's climate change that africa is suffering most felt that. kind of part of the economic mismanagement that felt all right spent and also didn't mismanagement up the agricultural sector makes things worse and then briefly do you get the sense that the government is taking corrective steps they're saying they're getting food aid to about
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$750000.00 households but in the end they need to fix the economy. are they taking the steps look so bob it's pretty dark hoped that the new government that's been in place since it's a basic equipment got out what's changed is that it promises to turn around the economy but they're definitely not doing that in the oil at all it's getting worse and worse and it's really thinking all right joining us from cape town thank you very much we apologize for the quality of that line for moving on it's been a busy year for business news us china trade war has kept us on our toes and we've seen the reputation of one of the biggest u.s. companies boeing take quite a tumble if you look back at the top stories in business news this year. will they or won't they the u.s. and china have been added throughout the year and in may trump announced that washington would raise previous terrorist where having
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a little squabble with china because we've been treated very unfairly for many many decades are actually a long china retaliated with its own threat and in the summer a truce was announced in the g 20 summit in all soka but the u.s. reneged on that tensions eased earlier this month u.s. president trump tweeted that a very large phase one deal had been reached with china with beijing agreeing to buy a range of american goods as a result washington suspended penalty tariffs set for december 15th something beijing confirmed that 2 countries now say they are preparing to sign an agreement next month one of the sticking points between washington and beijing has been china's dominance in the tech sector and that is something the white house wants to end one of the targets of its come pain has been chinese tech giant huawei the white house says beijing could use while waste technology for intelligence
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gathering and industrial espionage washington has been calling for its allies to block the company from participating in building 5 g. networks no surprise the debate on while way has also been heated here in germany and we've been covering it. can the state of china force you to give information which you would be able to collect for example in germany now while we once were away has never received any such requests during our operations over the past years and even if we received such requests in the future we would not agree to them as without any lawful requests so we won't do anything which will allow woman cheerful which enjoy house of. god after class $329000.00 was the year of the protests across the world also across germany's border the yellow vest movement took to the streets in neighboring france to protest against the government's planned economic reforms they believe they are hurting workers the french government says they are needed to over hold an economy to make it more competitive
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. in the middle east the lebanese government's economic reform attempts were met with countrywide protests people took to the streets to demonstrate against plan changes to the tax regime stagnating economy and corruption and that led to the resignation of the country's prime minister. things didn't get as bad as government but it could dorian's managed to push their lawmakers to the brink with protests that crippled the country's transportation networks in the end the government had to withdraw plans to remove a fuel subsidy after dramatic protests. and elsewhere in latin america people were taken to the streets and i didn't heena and chilling to protest against economic reforms and a higher cost of living. i. i cost of living was also a major issue for zimbabweans the protests were triggered by 130 percent fuel price hike and that on the country's declining standard of living prompted people to take
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to the streets throughout the year. were the u.s. plane make a boeing also dominated headlines this year it started last march with a fatal plane crash in ethiopia. the 2nd for it 737 max at 1st the company tried to deny responsibility but air transportation authorities were soon ordering the grounding of a 77 max it's best selling aircraft within weeks of the incident since then the plane maker has been mired in a crisis in december boeing said it was holding production of the 737 max and c.e.o. dennis mullen berg was ousted new seal david calhoun will now face the task of engineering a turnaround and rescuing started reputation it's been a busy year for the markets across the world but it appears the u.s. markets have managed to ride out the uncertainty in the stock market is at a record high in the u.s. and that's something the u.s.
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president has been raving about and taking credit for he says the highs a jew to his reforms hard to say but what is clear is that the global economy has been slowing with the i.m.f. and the world bank mainly blaming the u.s. china trade dispute but despite that there's been records in markets in both sides of the pond and that was a spot of good news this year. and our financial correspondent in frankfurt bards gave us his appraisal of the markets and his expectations for next year. 3rd . there's a party going on here on the floor of the frankfurt exchange says music and lots of easy chatter but it's not out of optimism for 2020 people are celebrating a very spectacular 20192028 could be a different story sure interest rates will continue to be low but the world economy is conjectured to suffer further under that all that uncertainty coming out of the present and the u.s.
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trade deal both of those issues will come to some sort of decision people expect here towards the end of the year in november with the u.s. elections and at the end of 2020 when perhaps the final. day the final breck's at that line will pass still people say that the share prices could creep up incrementally of people aren't expecting the same kind of gains that the markets had in 2019 though one thing to watch will be green finance sustainable financial products gaining more and more and popularity and with the fridays for futures movement awakening many investors to that could be one of the trends coming in 2020. will be bars there in frankfurt well some for new year's resolutions and if you're like me you'll vow to be more active in the new year well there's already a market waiting for us health and fitness professionals surveyed by the american
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college of sports medicine say 2020 is all about where a bill tack that includes 4 watches that monitor heart levels and calorie consumption while doubling as phones texting devices and more prices very ends in the end we'll have to do the hard work ourselves. germany important record number of fireworks last year but this year's new year's celebration kicked off with a band rather than a bang imports of rocket sparklers and bangers rose 48 percent last year with most of the festive fireworks coming out of china this year the berlin government has introduced if i works banned however in the center of the city starting a large amounts of pollutants created including plastic waste and fine dust. that's it for me in the business thanks for watching.
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a. coach a british colony. surely to news from africa. or link to exceptional stories and discussion. of easy now i would say down to the coast mash africa join us on facebook. because. this is africa special edition of our program today we bring you some. credible story as we approach you from across the continent coming up. britain's blotchy meets the kenyans for delhomme to make way for british t.v. plantations they've taken the case to the u.s. . the men only island wait humans and snakes if together and
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