tv Business Deutsche Welle January 16, 2020 10:15pm-10:30pm CET
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questioning the by galaxy of the new you was china trade deal stick around we'll be right back. but i don't need to keep up with every available old fart over that's and on the force i'm from the whole lot of those missing men that we can work for that was the bottom of the valley that the last dragon in this world has called the hard truth. on. plan b. our fighters want to start families to become farmers or engineers every one of them has a plan of the initial for your children so nothing is just on the children who have
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already been the lawyer and those that will follow are part of a new kind of. you they could be the future of. granting opportunities to lose that matters d.w. me minds. the devil is in the detail and they opt for the united states and china find spain one of their trade deals big european union says it may violate world trade organization rules we'll bring you the latest. also coming up irony or chivalry on the songs often baby pledges to invent billions in indian businesses the very kind many accuse him company of throwing. on the staving off trouble in paradise pristine beaches of the rich wildlife draw tourists from all over the world to the
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potential of now they are called to keep visitor numbers out. this is your business i'm kate ferguson welcome a day off to the ceiling of the u.s. china trade deal the european union has cost doubts over its legality the top trade official has pledged to investigate whether china's commitment to increase purchases of u.s. goods by $200000000000.00 is w t o come possible the clock says it will mind a legal challenge if it finds violations now earlier chinese vice premier youth who insisted the pact complied with w t o regulations let's take a listen to what he had. to. which there are 2 important conditions no negotiations the 1st one is not hurting the 3rd parties and the 2nd one is sticking to the principles of the world trade organization china's imports are actually based on the market principle and the rule of supply demand. then surprises import
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according to consumer demand and the supply demand relationship of the market imports will be scrupulously checked by domestic consumers so generally we believe that it won't hurt the interests of 3rd party was. just. the now for more on this let's cross right over to financial correspondent jose luis to hire on wall street hi jose it's good to talk to you the ink on this deal is barely dry and already its legality is being called into question what is the e.u. looking for when it comes through the fine tact of this. the key component of deal that could be subject to 2 contention as you point out will be the greenman from china to increase imports coming from the u.s. at substantially in regard to if we assume that china does not increase the global import capacity do you as china's shopping list means that. from the u.s.
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it will come out of the expense of older economies. several european ones that with exposure to the chinese market specially germany and france when we talk about products but let's not forget either that the shopping list also includes a significant increase you know greek culture all on energy goods aside from services. ok and if they find these violations what would happen next the w t o doesn't exactly have a very functioning dispute settlement system right now it doesn't have the new it's . only any action taken to the wall trade organization will be just symbolic cause you pointed out you mention there there is currently no trade dispute settlement in place what we will see for sure is an increase of course on life to create tensions at a time where ministration will be turning all its attention to the e.u. next that weeks and more now that the. chinese signed the u.s.m.c.
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by the senate on a limited to a guy agreement with japan already mostly implemented the only major u.s. trade partner with a trade deal insight into europe there are plenty of tensions already so done any or the ones that will increase that i'm known will city among that washington and brussels for short totally mr howard thanks as ever for your insight. amazon boss death days us has used his 3 day visit to india to announce a $1000000000.00 investment in digitizing small and medium businesses in the country but not everyone is seeing it as a gift india's competition commission is currently investigating the company for engaging in anti competitive practices and many small businesses accuse amazon of driving them to ruin. jeff bezos received a rock star's welcome from his employees in india as he told them exactly the sort of thing they wanted to hear this country has something special. and it's
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a democracy. with. this is going to be the indian century to india but the warm reception he received inside the amazon event in new delhi was not matched outside the main gate traditional indian street traders have been protesting the c.e.o.'s visit they say around 100000 small businesses have gone bust because of internet retailers selling unfairly discounted products they use amazon and its main competitive flipkart of colonial practices. there the 2nd version of this should be a good one quite bold to go pretty sure but they don't they're going to give their all. for jeff bezos trying to head off some of that criticism with his 1000000000 dollar announcement he says the investment will help indian businesses to digitize and spread their products will wide we're going to use our global footprint to
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export outside of india to export $10000000000.00 us dollars of make an india goods. but that promise hasn't been enough to convince indian traders who wish amazon had never turned up in the 1st place. i know done a report by consulting firm mckinsey says businesses are urgently need to adapt to the threats posed by climate change it says millions of lives and trillions of dollars in economic activity could be at risk if no action is taken the report also says that ocean warming could reduce fish caught by almost 10 percent by 2050 affecting the livelihoods of up to 800000000 people. germany's federal and state governments have agreed to phase out coal by 2038 the 1st coal fired power plant is scheduled to go offline this year with plans to shut off the remaining facilities over the next 2 decades operators will receive around 4000000000 euro. in
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compensation the states and regions affected by the shutdowns are also set to receive 40000000000 euros in structural 8. a strain is leading tourism body says the bushfire crisis could cost the sector nearly $619000000.00 the fires are hit several coastal towns at the height of summer with images of burnt times evacuees and dead livestock keeping visitors away the industry has called on the government to do more to help tourism accounts from more than 3 percent of its radius g.d.p. . to the seychelles now where authorities have been struggling to strike a balance between tourism and sustainability as africa smallest country its economy relies heavily on the sector but as environmental concerns grow the government is asking how much is too much. with pristine white sand beaches and abundant wildlife it's no wonder that the 115 islands of the
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seychelles urge draw for foreign tourists mostly from europe in fact 384000 people came to the islands in $21001.00 that's 4 times the country's population so the question at hand for officials now is how many visitors are too many visitors tourism in general is increasing and that is of concern to conservationists like myself the sustainable developers like myself who find that review we're reaching a point which excludes. it's not just a matter of well intentioned leaders at about 450 square kilometers the seychelles is the smallest country in africa half of that area has protected status including to unesco world heritage sites officials say preserving the environment now will make sure that the tourism industry stays strong.
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for rose to go. you know what. the attraction. people feel very much. like you or you. deal. with the. average to achieve balance doesn't mean to or isn't in the seychelles is going to come screeching to a stop any time soon officials know that the industry accounts for over a quarter of jobs on the islands the government says a survey on tourism and sustainability is set to begin soon as a move to electric mobility is a huge challenge for the car industry on the one hand the decline of diesel engines could mean job cuts with fewer hands needed for assembly but on the other new technologies also mean new opportunities. automotive supplier boss has one of its biggest facilities in bamberg in southern germany 7000 employees assemble
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traditional combustion engine parts making things like nozzles for diesel fuel injection but the future is said to look more like this fuel cells a standalone energy supply systems for home use or smaller units to power cars and trucks shifting to new technology is meant to make the facility future proof of. this by building prototype parts of the new systems we don't have a choice we have to tackle these issues. we need to be open to new technology. capable of getting behind us to lots of before and. electric mobility and autonomy driving represent great challenges for the suppliers of the future factory shutdowns and job cuts loom over operations in bamberg and around the region the anxiety among the workers is palpable but bush's fuel cells
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could be its way to stay at the cutting edge and its workforce has high hopes the $7000.00 employees and bamberg have had to work less and give up some of their pay but their contracts are secure until 2026 they say they need financing from the state and a push from bamberg business community to be able to transform the region into a model for automotive supply. enough it from me in the business team here in berlin you can get more on our website that beat up the dot com flash business we're on social media to prove a if i take ad. conflicts
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to sebastian. china's recent celebrations for his 70th anniversary one court the public relations triumph it was supposed to be a smart guest this week here in london is a victim gallo founders he justified china's comes along the flow of human rights abuses i'm a continuing pressure on hong kong the for conflict so for 60 minutes.
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