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tv   Business  Deutsche Welle  January 28, 2020 4:15am-4:31am CET

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and of the nazi extermination camp many used their personal memories to warn against today's rising and the semitism and soon the 1st video. you're watching to w. news from berlin business news is next there's more in our website t w dot com you can follow us on trisha trying to build a new charger and thanks which. my 1st boss also sewing machine. where i come from women are bound by the social tools even something as simple as learning how to write them by side those isn't. since i was a little good i wanted to have a bicycle off my home and it took me years to them but there's. finally the game bob invented by me and my site has been returned because sewing machine sewing i suppose was more apt procreates for goes than riding a bike and snarl i want to reach out to those women back home put bones by then to
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tease and social rules and inform them of oded decent rights my name is the about of people home and i work at peta. but deadly coronavirus continues to cause havoc as more and more countries declare cases and market concerns over the microscopic menace saw spreading around the world even faster than the disease itself. the e.u. in china joined forces with 15 other countries to establish a replacement for the do we need to go to folks appeals court. contests like a biblical plague billions of locusts are descending on east africa and.
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catastrophic for a region still reeling from drought and deadly floods. this is data we have business i'm rob what's in berlin welcome a lot. as the number of countries declaring cases of coronavirus continues to rise so does concern on global markets chinese authorities has said they expect the outbreak to affect the country's 1st quarter economic performance china's already seeing growth at its lowest for 30 years many shops have closed as the government tries to contain the outbreak officials also say they're acting to brand new hospitals in little more than a week china has confirmed more than 2700 cases of the disease which has killed over 80 people. well let's bring in our financial correspondent in new york on this year ends quarter. we've been seeing the dramatic effect for china but we've also seen the impact on markets elsewhere on the day haven't way. we clearly have and we
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live in a connected to world term a lot of foreign companies are doing business with china and in china but also if you look at china it's the biggest consumer of oil for instance so we also saw a sharp reaction on oil prices but old saw on. the wall street overall the dow jones industrial average lost a good 450 points and was that that was the worst the trading day since october nobody can really tell you what's going to happen and how the developments will be with the coronavirus meaning we have a lot of uncertainty and uncertainty is never good for global markets and therefore we had the harsh reaction all over the globe. and what sort of companies specifically have been hit by this. well this you already mentioned we certainly see some sharp losses when it comes to the travel industry some of the big u.s. lines dropped 5 or 6 percent. and value of the same is true for the big hotel
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chains but also fast food chains like a mcdonald's for example or the coffee chain starbucks among the bigger losers and then also chinese stocks that trade on wall street the biggest losses we can see the reaction on chinese markets because i'm there clothes for now for the chinese new year but this stocks the chinese stocks that trade here on wall street were among the bigger loser so it was a pretty broad range and then also casino operators for example u.s. because you know is that operated as well in china also saw some steep inclines so the impact not contained to china quarter in new york thanks for your update. last month you may remember the world trade organizations appeal court effectively collapsed thanks to the u.s. blocking the employment of any judges now the european union china and 15 other countries have agreed to create an ad hoc replacement body to overcome the u.s.
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obstruction. amid the snow capped peaks of davos last week something of a thaw set in on the chilly topic of world trade several countries trade negotiators met at the annual world economic forum gathering to agree a way forward for the w t o's system for settling international trade disputes when the us blocks the appointment of new judges in december to the w t o's body the supreme court of trade dispute appears that body ceased to function but the e.u. has managed to agree a temporary dispute settlement system with china and 15 other countries including australia canada says korea and brazil w t o head roberto out of there though said an overall solution was still being sought but that the temporary arrangement would work for now. there are options open there we're trying to fix it we're talking but we're not quite there yet. so members are conversations about some form of
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a mall to portie interim arrangement that would allow the deal stage to function for those who want to participate in that arrangement. washington has long taken issue with the w t o appeal system it has not signed up to the new arrangement neither has japan or russia. now for a quick look at some of the other business stories making the news china is now the world's 2nd largest arms producer behind the us and ahead of russia according to the stockholm international peace research institute a chinese defense contract is sold an estimated 50000000000 euros worth of weapons during 2017 it's a clear shift from a decade ago when china was a big importer of weapons from russia and ukraine. and german prosecutors are reportedly investigating to form the deutsche bank employees for allegedly paying more than a $1000000.00 to a senior saudi royal the financial times says money transfers were supposedly
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arranged in 20112012 in order to secure the royals wealth management business but your bank says that contravened its policies. now 2020 hasn't got off to the best start for german business as apparently a survey shows confidence has dipped since the new year a monthly barometer from the german institute for economic research fell point 4 points compared with december well short of analysts expectations on the upside the us china trade deal and clarity about threats if boosted sentiment among manufacturers but confidence among service firms was down the report says the data overall points to a difficult year ahead. now prime minister boris johnson has insisted the u.k. couldn't. and it's 5 g. network without compromising national security the british government is due to make an announcement on tuesday about whether or not it plans to let the chinese
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company play a role as a decision the u.s. has been trying very hard to influence. there's been no soft touch from the u.s. when it comes to the u.k. and huawei the white house has made it quite clear that once the chinese firm frozen out of britain's 5 g. network it considers the company a security threat and believes huawei could enable beijing to spy on the brits it fears that have british secrets become compromised so can those of its allies including the americans but british prime minister boris johnson now believes there's no cause for alarm. there's no reason why we shouldn't have technological progress here in the u.k. consumers businesses in the u.k. to have access to fantastic technology fantastic communications but also protect our security interests and protect our key partnerships and other
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security powers around the of. donald trump's administration has warned johnson's government that involving huawei and the network could compromise a post breaks a trade deal between the u.s. and the u.k. the british prime minister's decision will be watched closely by is allies across the atlantic. next farmers in east africa are struggling with the region's worst infestation of locusts in decades they're facing on crops leaving behind devastation and it sets to get. clouds of desert locusts sweeping into a region that has enough hungry mouths to feed just one square kilometer of a giant swarms like this one in the pasture lands of northern kenya can contain 40000000 ravenous insects they eat as much in a day as 35000 people it's a major threat to food security in east africa a region where millions of people already go hungry africa alone we have 2000000
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and going to 7 that number over 30 percent actually seen is in africa so we want to be sure that this that's not. diminish to his tuition where we have. the adding speech. to fight the swarms and aerial counter attack pesticides but kenya and ethiopia have only a handful of planes to spray chemicals and a vast areas of cover the un's food and agriculture organization puts the cost of spraying in eastern africa at more than 60000000 euros. the plague is driven by climate change and it's altered weather patterns much like the bushfires in australia but here the so-called indian ocean dipole brought unprecedented rainfall ideal breeding conditions the more was due to an unusually a war with. some of our agent i've seen the most. in recorded history
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experts fear the locust numbers could grow 500 times by the summer and spread to neighboring countries. the portuguese hacker behind the football leaks website which expose corruption in soccer as apparently struck again he claims responsibility for the leaking of hundreds of thousands of files of business dealings by isabel the son tossed the daughter go this former president the so-called new london leaks allegedly shed light on how africa's richest woman built her vast business empire she and her husband found hundreds of shell companies in tax havens like multum richest and hong kong according to pin 2 the hacker is awaiting trial in a lisbon jail accused himself of trying to blackmail an investment fund. and finally will take any excuse to keep things cute here on d w business this time it comes courtesy of russia have
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a look at this face the hedgehog cafe that was started by a moscow businesswoman after she befriended a hedgehog while out collecting mushrooms she decided a new power would be a good way to tempt people into the cafe as you can see it seems to have worked hedgehogs on norman normally or nocturnal of course but these ones have been trained to sleep during the night. and that's it for me and the business team here in berlin good buy.
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i'm not. one of the richest countries on earth. but every year around $700.00 women die in childbirth or shortly after most of them are african-american. why are their risk factors so high. oh mama has gone to heaven america has lost mothers. close up next on.
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the go india. fighting climate change by empowering women. and initiative in india knows how. they aim to reduce high energy consumption in private households by educating women. a win win for everybody. in 60 minutes on d w. is for me. beethoven is for you. beethoven as for hell. beethoven is for her. beethoven is for them.
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beethoven is for us. is for every one. beethoven 2020250th anniversary here on w. your mommy is wonderful. to me. she wished she was here. photos are all that's a lady has left of her mother she alone irving died 3 weeks after her daughter was born i'm still a is being raised by her grandmother wanda so late doesn't know her father and can't remember her mother she's growing up in the show.

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