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tv   Business  Deutsche Welle  January 7, 2020 7:15pm-7:31pm CET

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designers in mali are strutting their stuff combining local textile traditions the latest fashion trends. that and more coming up with you're watching news from berlin don't forget all the latest around the clock at our website d that you thought coffee i'm sorry for lent thanks for watching have a good one. kid i am. sick luce's place to hell you just need a long evening here. nice news and keeping.
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their own story. is a. must. is it starts in january 27th on d w. in the height of climate change. for cosmic. what's in store for. morning news today for the future. contest for the major cities. to get insight could counter. the. wellcome incest so all just another participant in the race for africa's riches india's economic activities in africa the intense scrutiny on like china shop colonial experience come how strong talk. also coming up going is gong to him in a box the column. just as a root and is not
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a no is wife is also. africa's fashion designers are seeking the spotlight combining local textile traditions. this is business africa. global business news. as well come and we start in egypt egypt says it is suspending its flights. until the end of this week the egyptian put its decision down to the unstable security situation following a u.s. drone strike in the iraqi capital that filled the iranian military a model iran has threatened to retaliate in a statement egypt as said it was suspending flights to baghdad until it is friday for the safety of its passengers and crew. india has recently focused on expanding its options in international trade and although china is still
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ahead when it comes to trading with african nations india is catching up fast delhi sees its colonial past and subsequent development into an emerging economy as a plus when looking for partners in africa. mobile phone networks are one area where indian investors a successfully gaining presence in african countries like hearing ghana in 2010 indian network operator tel applied for licenses in 15 countries on the african continent large indian companies such as tata have also been active in africa for years and trade between india and african countries continues to grow in 2018 the trade volume was $63000000000.00 which is still fairly humble compared to china the people's republic not chews up a mighty $204000000000.00 in trade with africa but india is already way ahead of many european countries germany for example exchanges goods and services to the
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tune of 45000000000 dollars with africa. india mainly imports more materials from africa especially crude oil agricultural goods are also popular like cashew nuts meanwhile india provides africa with textiles electronic goods and medicines many african nations benefit from generic aids drugs supplied by india and at far lower cost than those from industrial nations. india is keen to emphasise its own colonial past and experience shared by many african countries and the message is clear as a former colony ourselves we more than others understand what you really need. to look at this issue together with. senior fellow at the german institute for international security for the studio. how is india's approach to africa viewed there similar to china's well it's a little bit different india has
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a long tradition with everything country does goes. times india has always been a strong supporter of the decolonization forces in africa specially in the 96 season. the seventy's india has also be seen as a leader of the global south especially in international for like the united nations so india could benefit a lot from these traditions moreover india has also started its own development corporation was it was many african countries since the ninety's sixty's so it has given capacity building training programs for many african countries what is it which way is the the indian approach to forging closer trade ties with africa different from china well india could use a little bit ot is trying to use more of its indian diaspora in african countries we have some countries in africa especially the island states where the indian population has a relatively high share in absolutely just the largest country with an indian
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population in south africa is 1.1.5000000 people of indian origin. india tries to play the 4 card and also in order to strengthen its relation with africa and this is certainly an advantage that india has was just china has more and does it does it work you could do do do these these indian populations in african countries do they make a difference well it's very very difficult to assess because in most of the african countries the shelf the indian just was relatively small a country like angel or tanzania only have about $100000.00 people so it's pretty difficult and at the end it depends more on the political and on the economic relationship rather than on the deals or the bush sectors of the economy economy is india focusing in african countries well india is mainly focusing on the energy sector india has used the energy imports from africa in order to diversify its
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energy imports india has traditionally been very dependent from the middle east which of which is a very volatile region as we are seeing just in these days. improved in recent years very much everything now has about 15 to 20 percent of india's energy imports which is very important for india's own energy security thank you very much for this insight. prosecutors in tokyo have issued an arrest warrant for the wife of former miss and was gone they accused carroll gone of who lying to investigators over a husband from japan where he was waiting trial on corruption charges more details about the former but was stumped like escape from japanese justice from rob what's . his thought this is the moment when carlos ghosn left japanese soil since his daring escape on the 29th of december the story of how he managed to get out of
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japan has been slowly becoming clear his belief that he was smuggled onto a high speed train in tokyo and delivered to can sight international airport near osaka city from there he left aboard a private jet ending a journey through japan that began inside a musical equipment box. however plenty of questions about the escape remain unanswered and carlos ghosn has hinted to news networks that he may address some of those questions very soon he said that he has actual evidence documents that will prove that this was a coup to take him down he said that he's going to need some people from the japanese government are behind this that they wanted to take him out because he was going to merge nissan with you right now on tuesday an arrest warrant was issued for the ex automotive bosses wife carol go in an increasingly frustrated japanese
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government has urged lebanon to help with the investigation mother who. we are making efforts to communicate with the lebanese government through various methods . and we plan on delivering our message to them that it is extremely regrettable that go in who left japan illegally arrived in lebanon and also ask their necessary cooperation as we investigate the facts through a cool mom who committee the group. and it is to lebanon to the world's press now turned specifically to a wealthy suburb of beirut and the house owned by carlos the fugitive with a story to tell. to some of the other global business stories making headlines today. u.s. ride sharing services are teaming up to develop electric flying cause they made that announcement at the consumer electronics show in las vegas the vehicles are
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being built as the urban congestion of major technological and regulatory barriers remain. as an aston martin have plunged some 13 percent of the company want its profits would be down by nearly half the british luxury carmaker blamed weak demand in europe for. greece is looking forward to a bumpy year with khrushchev's free bookings for this year's crew season means it will be busier than last year number of tourists who arrived on cruise ships rose to over 5000000 people last year about $700000.00 more than the year before. thousands of patients are appealing a french quarter decision against that damages claim against pharmaceutical giant. at this time there was a lack of information following changes to the medicine called level fairoaks and
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corresponding side if you. feel if the words textile industry in africa i mentioned in one sentence it's usually about low wages for workers fast fashion and cheap imports for western chains but africa's genuine fashion industry is alive and kicking in many countries across the continent designers are making contemporary fashion with a decidedly local twist and often with a strong traditional influence example from mali. a few finishing touches a new me said there was a model is ready for the catwalk the designer wanted this outfit to be comfortable and practical with a style influenced by the rubato region of mali. the collection is inspired by the strong denim fabrics and by the music and culture of the bubble community. with its do designer fashion the company is hoping to appeal to molly's emerging middle class successful working women who want their
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clothes to make a statement. in terms of dressing our customers want to wear clothes which have a story authenticity. clothes that reveal their personalities without needing to say much. with their clothes they want to show self-esteem pride in wearing african designers. think the fabrics are made of high quality cotton from mali. the threads are spun and woven by some of the company's 14 employees. it's a job that occasionally brings them immense pride. as if but they get to buy one somewhere once and saw a lady wearing one of our creations really i was happy to see it was something that came from our shop i was far from here and saw that and thought this is great it
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means we're doing a really good job. since he can look began operating an online shop a long side it's a boutique in bhaumik oh it's been getting more and more orders from abroad. it has long had customer bases in europe and in the united states but soon now mr thera believes she'll have to hire more help. from a business to. more. business a back wrong stories go to our website that's forced to. find us on social media to follow us to our facebook. news our focus off next for this fickle global market.
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because looking back on her sound. cool the corners like elam is exciting. for the greeks the price. of disappointment. in. museums and.
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60 minutes. what secrets lie behind. discover new adventures in 360 degree. and explore fascinating world heritage sites. world heritage 360. no. this is the news africa coming up in the next 15 minutes why is the d r c struggling to strike nice will help organize a nation's all on the ground facts to maintain children 5000 people are getting infected every week. and the canyon putting an eco friendly twist on their exchange. then meet. from
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tanzania it's rare for women in her community took place.

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