tv Business Deutsche Welle January 21, 2020 10:15pm-10:30pm CET
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the final story. with exclusive. the must see concerning cold turkey. should be curious minds. do it yourself networkers food so subscribing and don't miss out. on the food. chain 2 of the. 2 very different voices shaping day one of the world economic forum president donald trump praising these strains of the u.s. economy and calling environmentalists prophets of doom. tells the doubles the lead you're not doing enough to save the world also on the program concern grows about the spread of a new virus in china shaving value he's around the globe reaction for investors in the united states or the 1st case has just been. on kris kobach welcome to
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the program with political trouble boiling in washington the u.s. president. is preferred the picturesque scenery of the swiss alps as opening speaker of the world economic forum in davos donald trump mainly praised his own work he also told the attendees of the very multilateral meeting that each country would be better off fighting for themselves and campaigners warnings that climate change threatens the future of the blanik planet just a side leaving behind the heat of impeachment trials few could blame donald trump for seeking out some medicinal alpine. the us president was in divorce to address the global elite but in this selection his message was meant for households across the u.s. america is thriving america is flourishing and yes america is winning again like
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never before just days after reaching a breakthrough with china trump sees this teach to bang the drum for his america 1st approach and these agreements represent a new model of trade for the 21st century agreements that are fair reciprocal and prioritize the needs of workers and families but as well as baseness this year's conference was supposed to deal with the growing climate crisis with activists like gretta to embark summon to rebuke the powerful you say children shouldn't worry you say just leave this to us we will fix this we promise we won't let you down don't be so pessimistic and then nothing. while davos choose one man was enormous for lectures this is not
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a time for pessimism this is a time for optimism fear and doubt is not a good thought process because this is a time for tremendous hope and joy an optimism in action but to embrace the possibilities of tomorrow we must reject the perennial prophets of doom all of it was an image that left an impression you an honest answer is live it odd. it's because it's just mainly all about us a few little. i think that leaders have to take our not only about themselves but also about other nations because we have the same collective planets he does some good figs riz worthless but you would have think beyond that much more. i have a strong propped up the job of lauding his economic record he left a flurry of questions in his week not least out war cost to the world he will leave
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behind. correspondent javier get as is covering the meeting in davos here's his take on day one of the world economic. the big clash between donald trump and to talk to him back did not happen today at davos or at least not directly in his speech the u.s. president did not even mention climate change let alone the name of the teenage activist instead he compared climate activists to prophets of doom were somehow fortune tellers of the past who told us that bad things would happen that in the end got sorted out one way or the other interpretive donald trump speech the same could happen with climate change through innovation and technology shortly after it was created backs turned to respond even though she did not mention donald trump's name directly she hinted at his plan for example of planting a trillion trees something that is simply not enough to tackle climate change and also mention that we cannot rely on technologies that haven't been invented yet to
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tackle the climate crisis her message resonates among climate activists and those who support her but not so much among businesses who are still trying to figure out how to implement what right now sounds like a mission impossible. w. kers fondant of our get us reported that. wrenching fate took you to find stands in davos saying the chinese tech giant he founded was well able to survive quote attacks from the u.s. qual way is at the center of a battle for tech supremacy between the u.s. and china the world's biggest smartphone maker is blacklisted by the u.s. over national security fears. authorities are now reporting the 1st case of a corona virus in the united states after a passenger returned from an overseas trip with the virus start of in china and has been reported elsewhere in asia chinese health officials now say the virus can
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spread from person to person so far 6 people have died and nearly 300 have been infected in china stocks are lower on equity markets as concerns mount the worry is that the corona virus is spreading and that tourism and growth could be affected. well for more let's cross over to new york and our correspondent hansei louise down to tell us the latest reactions from wall street now that the 1st case of the corona virus has been confirmed in the united states. investors are paying attention to every piece of information related to to see if you want to stop the losses increase the 1st case was confirmed here in the u.s. let's not forget that situations like these can have an economic and financial market impact at least in the short term but so far is starting today passengers arriving from handing china j.f.k. here in new york on older u.s. airports like l.a. or san fransisco are being a screen for any seem to say u.s.
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authorities have also issued some tips like frequently washing hands and they are monitoring the situation but the big pharma stocks also operated lower on tuesday even even these seas generally an industry that could benefit from disguised over. it's not as big as the spec people in the travel and transport industry are eyeing this development with particularly with particular and diety their businesses they took a major hit during the outbreak of sars in 2002 in terms of. definitely griese the airlines is stalled 1st sharply mentioned in 2003 sars epidemic by day and 2 reason misspending in particular was very hard and chinese equities had for example for more than 10 percent asia pacific airlines lost around 8 percent of all traffic and there were parts made of revenue loss of $1000000000.00 in total day global calls from sars was estimated up $33000000000.00 you raised that point one
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percent from global g.d.p. so any similar situation could take a toll in the world to economy and at the time growth the same picking up but not strong. new york thank you. trading in shares of troubled aircraft maker boeing was suspended on monday that's after shares dropped by over 5 percent after news that the boeing $737.00 max would not return to service until the middle of the year that's nadir than the u.s. manufacturer had initially expected the fuel efficient plane was grounded following 2 deadly crashes that lay poses more problems for airlines that have relied heavily upon them and their fleets. and returning to our top story the world economic forum in davos is capitalism facing growing skepticism around the world while a majority of respondents and the reason the worldwide poll by u.s. p.r. firm little and says capitalism does more harm than good and they pointed
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particularly towards the growing inequality of recent years that's food for thought and doubles or some young entrepreneurs say business now has to change to answer society's problems. getting around in davos can it self be a challenge some venues are location as an altitude of 1800 meters making them accessible only by cable car for social entrepreneurs among them martin board it's worth the journey to draw attention to what they feel is the world's most pressing issues business cannot continue as usual business just for profit maximizing profit destroys the planet and destroys the population. some 20 social entrepreneurs have come to davos at the invitation of the shot foundation and the world economic forum they're demanding a new kind of capitalism. no time in history has it become more
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important for us to look at this concept of stakeholder capitalism we are facing such widening inequality so a sense of non inclusion of everyone that i think the time has come for business government and social entrepreneurs to really understand how each other works to social entrepreneurs acknowledge that change won't come overnight but the concept of uniting business with social change does appear to be gaining traction. for me being a social entrepreneurs identifying a social problem seeing what i can do creating the solutions and then taking them to scale working with the government all the. i would sector so that they can be included in the system the winds may be changing but some say not fast enough while the work of social entrepreneurs may now be acknowledged there are
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often still fighting to be heard listen to the people listen to what young young men and women are saying listen to what people are saying in the villages the good news is that we have technology today so we can have in addition to a top down effort like the world economic forum a participatory bottom up approach. as have come from around the worlds to be in davos. their message there is a fairer and more sustainable way of doing business. and that's a show i still watch.
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from housing boom boom time this is where. welcome to the 77 percent. this weekend t.w. . this year's africa coming up in the program the power of language called pigeon the part of a solution to come rumors of separatist crisis or the people who use it taking every also coming out. their way hungry on the forgotten we bring you the story of one online campaign that went viral to help these sudanese light.
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