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tv   Business  Deutsche Welle  January 20, 2020 7:15pm-7:31pm CET

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adding in this year's arctic lapland rally in finland including formula one driver terry botha swelled their race coverage a total of 201 kilometers drivers had to battle through extreme conditions the snow made for a poor visibility in the ice created slippery roads causing some drivers to lose total control both us finished 2nd with mercedes in the driver's championship last season only banished to come in night. are you watching your videos coming up next to business africa with my colleague monica jones and i'll see you again tomorrow. what secrets lie behind this one. discover new adventures in 360 degrees. and explore an aging world heritage sites. p.w. world heritage 360 get the maps now.
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you're going to unofficial estimates more than 1200000 venezuelans live in colombia legally and illegally. video was returned to swallow. visiting friends i don't think i'd ever go back there to live where i live there again i don't know so i'm not sure. when witness global news that matters. made for mines. it's now people before passports planning for a post breaks a future british prime minister boris johnson wants to attract highly qualified africans to the united kingdom in a bid to tighten relations with a fast growing continent also coming up climate change and inequality the 2 biggest issues climbing to the top of the agenda at this year's world economic forum
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meetings in doubles to look at what's setting the tone in the swiss alps. and coffee from ethiopia gets a promotional boost at the international green week and. hello and welcome to do business africa want to get jones in berlin good to have you with us leaders from 16 african nations have gathered in london for a major u.k. africa summit of the meeting comes as british prime minister boris johnson seeks to establish new trading relationships for the post brics it. became to be wooed given the stakes in numbers smaller than their host may have hoped for . the 1st ever u.k. africa summit is being attended by leaders from 16 as of africa has 54 countries. the backdrop to the event the bracks of countdown just over a week until britain leaves the european union and
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a year before it officially exits the e.u. customs union and single market british prime minister boris johnson determined to strike new deals in the world's most rapidly expanding continent more than half the world's fastest 15 fastest growing economies are enough for 2 thirds of africa african economies are expanding faster than the global average africa is the future and the u.k. has a huge an active role to play in that future but the u.k. is far from the only country vying for business its annual trading relationship with africa amounts to some $46000000000.00 compare that to china's 280000000000 and you get an idea of just has stiff competition is one way britain is hoping to embrace yes itself is with immigration reform johnson's promise to make it easier
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for highly qualified africans to come to the u.k. by putting people before passports. but untangling itself from the e.u. and competing alone for economic influence in africa may prove a bigger challenge than expected. more let's bring in joy during beer in her nairobi joy during britain hoped for more african nations to join the summit out of $54.00 only 16 why's that. that should actually tell their african countries now i'm looking forward to having to renegotiate some of the deals that they are having with the rest of the world and actually if you look at the africa sounds that have taken place around the world this summit particularly has had the least attendance of heads of state from the african continent with china we did have 51 heads of state in attendance and we've
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got trees like russia who were bought 43 india it was 40 the united kingdom is only a palm tree 16 heads of state of being able to attend that should send a message of the kind of trade partnership that the african continent is looking to heart with the rest of the world and what is africa exactly looking for when partnering with foreign investors. so how far can countries have. shared and said they do not think the united kingdom who is now a global investment power the likes of the way that we're not even invited to the u.k. africa summit now are focusing their attention on the east for countries like china and india to tread partnerships as opposed to the united kingdom so in a way i think it is changing and i did speak to some of the 2 economists earlier today who said the tide has changed and if the united kingdom has strong
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partnerships with some african countries the need to strengthen even so they don't have to lose the little partnership that they have at the moment now the british prime minister wants to attract highly skilled africans to britain people before passports i am africans actually interested in going there. yes i think we have seen not and i'm thinking the reality is that many africans have left the continent and continue to live the continent in search of greener pastures we have seen many africans point through the mediterranean sea trying to look for greener pastures outside of the continent and this is going to continue for many years until our bigger out how much of employment the can create for young africans right here on the continent are right to join her in barrow there
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reporting for us from nairobi thank you so much. and the world's movers and shakers side gathering in the swiss alpine result of double us this week for the animal world economic forum sustainability and climate change the taking center stage this year with the international crises dominating the global headlines as little room full of celebrations even as the summit marks its 50th anniversary. australia's burning the middle east is in crisis the global economy is flagging everywhere you look there are dire problems serious catastrophes. meanwhile in davos everything is lovely the mountains the snowy landscape but it's just a backdrop there's plenty of tension around here too the little town in the swiss alps is tooled up again security for the heads of state and captains of industry during the economic forum costs a fortune. inside the congress center of the focus in the coming days will be on the big problems the same challenges climate change is top of the agenda
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participants have identified climate crisis as the biggest danger for the future we need to take action now both the organizers of the world economic forum and the climate activists agree on this at least gratitude is in davos as well traditionally davos deals with all the big issues of the day some say davos is the best platform because so many key people are gathered here critics say it's all for show just meaningless speeches of the iranian pact the founders of the world economic forum promise this is no talking shop this is a workshop. they promised concrete results for this 50th anniversary meeting here in the alps away we go. the international monetary fund has cut global growth estimates for 2020 the leader of the i.m.f. is in davos switzerland for the world economic forum today to discuss the world economic outlook the i.m.f. reports that compared to the outlook report in october estimated global growth this
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year is down 110th of a percent to 3.3 percent growth one of the major reasons for the dip is projected growth includes a slowdown in india. and now to some of the other business stories making news. the friendship build. to cast one a 2000000000 euro contract securing its future for the next 7 years the firm signed a deal with fellow french m m s c cruises for 2 brand new ships the new linus will be delivered in 20252027. china is calling on canada to release the detained hugh away executive making one sure mang was arrested over a year ago and is charged with bank fraud for misleading the bank h.s.b.c. about your ways to tease in iran extradition hearing where she'll fight american efforts to have her brought to there for trial is scheduled to begin today. here on mosque space tourism company space x. has deliberately destroyed one of its falcon 9 walk it's to test the rockets abort
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function must describe the launch as picture perfect now space x. needs masato to certify the rocket for flights with a human crew for. germans off the coffee it's a big business for retailers but not so much for coffee fama us there at the bottom end of the profit chain often receiving less than is needed to make a living it's the opposite of fair trade at the international green week in berlin politicians and some retail chains pledge to change that. this is raw coffee here in the ethiopian shaker forest it's grown in a sustainable way workers get a decent salary without hurting the end. vironment one business woman who guarantees her coffee was grown in those conditions is sarah new real the german businesswoman with ethiopian roots is presenting her coffee brand of germany's well known agricultural fair green week. time bound so we work with
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a cooperative of small farms and don't use the conventional way of buying coffee over commodities markets so we get our coffee direction farmers who determine the price themselves for the work that they do you see these ely's taking that is. according to n.g.o.s the world market price for coffee is so low that coffee farmers haven't been able to make a secure living since 2016 only a 10th of the price of coffee goes to the farmers and coffee isn't the only commodity trading so low prices for bananas and cocoa have also hit rock bottom german development minister garrett miller is demanding a new way of seeing things especially in german retail stores we have to pay attention to what's fair for farmers in developing countries people there need a future we have to learn to share but you won't find this attitude everywhere fortunately too many of the attitude that being cheap is great. because. the demand for coffee in germany is strong that food and drinks are relatively cheap here.
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grocery stores often battle to keep prices low to retain customers and producers are the ones who pay the difference the market share for economically fare products is growing very slowly in germany and $28000.00 germans spent only 20 euros a year on such products retail chains now want to take more responsibility issuing a declaration of intent to put an end to starvation wages and 3rd world countries among them is all the germany's 3rd largest coffee roaster the company is currently determining where and how its products are produced then to 15 or to hearts but they fully understand where the biggest problem is that is where there are risks but also where influence of the big s. and then we have to act and in my view we've already done a great deal within our abilities but we still feel that we're just at the beginning especially in the food supply chain i don't think that much has happened in the retail sector as a whole. development minister mover now wants to see if marginalized farmers will
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get a bigger slice of earnings in the future if nothing changes he wants to introduce a new law which would obligate large food companies to trade more fairly. and finally here's a taste of the economic consequences of mix a prince harry sent to make and split from the royal family i won so many a shop in windsor has decided to unload all of its meghan and harry items at a discount prices hoping not to be stuck with unsellable stock on this lettuce formalised later this spring however some of the merchandise could actually become collectibles once meghan and harry's reign as members of the royal family begins to fade. and that is your business update here for now for me on the business africa team member thanks for keeping us company.
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after decades of negotiation a new path to peace between india and pakistan has been opened. a company can see. it was his 1st time in the land office for.
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between india and pakistan to seek. closer in 16 s w. 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 learn with him simple online on your mobile and free shop d w z e learning course nikos free german made easy. this is africa coming up on the program africa's riches woman is accused of stealing have 4 children from mongolia bought isabel the son says denies all wrongdoing and says she is the victim of a political witch hunt also coming out. all they did was try to protect today a lot about authorities hopped up plans it is solomon's campaign gone wrong no
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goals ethiopia's almost feel pressed about the.

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