tv Business Deutsche Welle January 3, 2020 12:30am-12:45am CET
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absolutely replanting them creating an urban oasis eco account for. 60 minutes. people who know for information they provide. the means to want to express g.w. on facebook and twitter today in touch from the us. how do you do it japan and turkey try to unravel carlos goes fugitive flight to beirut but will the justice system in levanon take any action against the former auto executive we'll take a look. also on the show another year another record day on wall street the bull market is charging into 20 twentieth's full speed and we'll discuss what's behind
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the optimism. and high retailers kick off the new year with a ban on single use plastic bags. this is your business report i'm stephen beers in berlin it's good to have you with us interpol issued a red notice for former nissan renaud executive carlos ghosn on thursday jumped bail in japan earlier this week and fled to lebanon to avoid trial there on charges of financial misconduct the question now is whether going will face any sort of legal proceedings in lebanon and whether they would satisfy japan. outside gone's home in beirut the wait for answers continues for their part lebanese officials say they will respond to an interpol notice even if they aren't obliged to arrest gone . after i suppose the general prosecution will fully implement the notice and that includes someone in him and listening to his testimony and then if there are measures to be taken then they will be taken it. is
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a free to be before my niece and renault chairman could do a lot worse than a lebanese trial japan for example convicts 99 percent of defendants gone has described the japanese justice system as unjust the japanese prosecutors would support a lebanese trial remains an extraordinary proposition however lebanon after all is friendly territory for gone seen as a son who made good and many decry his treatment in japan. he did help neeson and the north to achieve this state or yes as a businessman he did well indeed as a liberties man we're proud of him. gone stands accused of underreporting his niece and salary to the chuen of $85000000.00 prosecutors also alleges millions for his personal use gone has repeatedly denied all accuse ations
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questions remain as to how he escaped to japan japanese authorities search his talk your residence on thursday and turkey detained 7 individuals believed to be involved in gone's briefly over in istanbul theories are flying all over the place was he smuggled from his tokyo home in a musical instrument case did he meet with a lebanese president was his wife involved to the latter gone gave a definitive no on wednesday saying he did it alone one of his few public statements to this point. over to the u.s. now where the rally in stocks shows knows. sign of losing steam wall street kicked off 2020 at record levels 3 major indexes hitting record highs on the 1st day of trading of the year stocks were lifted by news a fresh economic stimulus to prop up china's slowing economy sentiment also got a boost from optimism driven by easing trade tensions and improvements in the global economic outlook us weekly jobless claims fell to fuelling the rise to
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record levels. let's go now to our financial correspondent in new york he ends quarter yes good to see you for the 1st time the new year we've picked up right where we left off haven't we nothing's changed. yeah the month the rally is still alive up by a good $330.00 points meaning a new record high and also meaning that we are shy not even half a percent of the next $1000.00 point step the $29000.00 point mark central banks keep plodding the markets we had interest rate cuts last year here in the u.s. now as you mentioned we have for the people's bank of china starting the new year here at least i'm also was pumping a $100000000000.00 into the system and that clearly is getting this market going. we all know this can't last forever so what do you see in your crystal ball
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what ahead in the weeks ahead could diminish this. true nothing lasts forever but there's also the saying on wall street bull markets don't die of old age so just because we are on the rise pretty much for the past 10 years does not necessarily mean that the end comes here and now a lot will actually depend on us corporations we shouldn't forget that one of the main reasons the market is on fire is not just the central banks but it's also the u.s. corporations spending hundreds of billions of dollars to buying back their own share then in 2 weeks earning season will kick off again so we will see how profitable u.s. corporations are and how the outlook is and then on top of it we also in an election year and we have the midterms coming up especially early march and that theoretically could spook the market depending who seems to be the leader in the
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democratic field we shouldn't forget that elizabeth warren of bernie sanders for example they have rather aggressive tax ideas in their mind aggressive to put it politely of their forests in new york thank you very much. and let's take a look now at some of the other business stories making news around the world. china has temporarily blocked plans for cross border listings between the shanghai and london stock exchange is that according to reuters it says the move is due to political tensions including britain stance on hong kong protests. german car giant volkswagen and the german consumer group say they will begin talks to settle a class action lawsuit linked to the diesel emissions scandal the 2 sides say their aim is a quote unquote pragmatic solution in the interests of customers a settlement would entitle plaintiffs to financial compensation for the loss in value of their diesel vehicles. german employment was up in
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2019 despite an economic slowdown in the country $45300000.00 people were at work that's an increase of 9 tenths of a percent over the previous year according to official data and that marks 14 straight years of jobs growth the overall jobless rate was stable for the year at just over 3 percent. greece israel and cyprus signed a deal in athens for an undersea pipeline the east med pipeline will carry gas from offshore israel to continental europe via greece and cyprus the $6000000000.00 project would be an alternative to russian gas but it's fraught with political and logistical challenges. over asia where thai retailers have joined the battle against ocean pollution by banning single use plastic bags the move will require that customers pay a small fee for a reusable bag made of fabric the toilet is $1.00 of the largest contributors to ocean pollution where citizens go through an average of 8 disposable bags every day
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. plastic waste in the last 2 decades it's become the norm on beaches across asia much of the plastic despoiling places like this is from single use bags as the new year begins stores in thailand trying to break a national have it in a country where citizens go through an average of 8 single use plastic bags every day several major mall operators in $711.00 convenience those are asking customers to pay a small fee for reusable bags but ultimately the fight against pollute. ssion comes down to a change in public attitudes and some people are reluctant to change. the hartal are going to get the word if we pay at least $500.00 baht and then they give us a free cloth bag it's not much if we use these bags they'd be better off and richer but other people will suffer you have to give the consumers all the plastic use
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time. you can not just change it over let's say in even one or 2 months he will take some time but eventually it will go away thailand is one of the largest contributors to ocean pollution with plastic bags regularly turning up in the stomachs of dead marine mammals like do guns. the tesla cyber truck caused a sensation when it was launched in november the dramatic angular design raised some eyebrows and so did the supposedly bulletproof side windows which promptly shattered during the event and none of this bothered rushing current desist alexander truly cough he was inspired to make his own version of the cyber truck take a look. moscow drivers were gobsmacked when they saw a brand spanking new test the cyber truck cruising the streets of the russian capital or at least what they call it was a cyber truck in fact the vehicle they were admiring was a lotta customized by car enthusiast alexander troupe to cough to look like
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a must futuristic cyber truck yes it really does not stick with people react quite positively especially when they find out it's a vase 2109 they're really surprised 'd there aren't many people of course who can recognize the lot in there but you can from the interior there are quite a few people who recognize the tesla cyber truck. production on the cyber trucks will begin in late 2021 and the top of the range model is expected to cost around $70000.00. version comes in a bit cheaper at around $1290.00 in total. according to live quite a few ideas for this project maybe we'll installed an electric engine like the tesla maybe without rear wheel drive you have a 1000000 ideas on the life of the project will definitely go on. outside for trucks launch in november the vehicle side windows made from bulletproof tesla armor glass broke when metal balls were thrown at them. true because it makes no
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such claims of toughness for his version of the cyber truck he prefers the simpler approach. all right and that's it for me and the business team here in berlin for more on these and other business stories please check out our website d.w. dot com slash business and as always you can find us on social media facebook and twitter of course before we go live with a quick look at global markets and for me it's goodbye for now and take care.
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50 years of religions for peace keepers from many different faiths all working together toward a common goal a peaceful resolution of religious conflicts. now female members of religion's for peace from the middle east are demanding a larger. common ground is empowering women. making them an agent of change. the female
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discover the a. list. subscribe to a documentary on you tube. very well welcome to a brand new year of news from the world. we'll be looking at some of the cultural highlights coming up in 2020 and also. beethoven only wrote one prophet de dio and i'm sure he never imagined it being staged with profits. scott fitzgerald's novel the great gatsby being performed as the mercy of play.
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and an exhibition in front showing the huge influence of the work of charlie chan has had. first of all though let's have a look into our cultural crystal ball and see some of the highlights coming up this year there's lots of anniversaries and we'll be covering them with a big emphasis on the 250th anniversary of beethoven's birth and his bomb here in berlin there's a new director of the berlin our film festival again the lots of coverage here on d.w. but there's all sorts of other things like this. was a double dose of. the question is justified after all it's been 5 years since double a 7 month break down screens.
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