Skip to main content

tv   Business  Deutsche Welle  February 6, 2020 10:15pm-10:31pm CET

10:15 pm
role of the taliban in afghanistan is unclear as things stand and his mates can practice their new hobby in peace for at least as long as the snow dos. and you're watching news from berlin catch up next with the world of business with janell's she'll be right back after this i'm bridge girl for all of us here in berlin thanks for the company see you next time. i'm secure in the volume. that's hard and in the end this for me you are not allowed to stay here any more we will send you back. are you familiar with this. with the smugglers with lions and. what's your story. 'd on what numbers of women especially of victims of violence. take part and send us
10:16 pm
your story we are trying always to understand this new culture. or you are nothing to little or nothing yet you want to become citizens. in full migrants your platform for reliable information. global markets thirds as china makes good on a pledge to slash tariffs on u.s. imports but will a coronavirus build downturn make it hard for the country to keep all its promises . from german chancellor angela merkel is in south africa keen to further boost ties with germany's biggest trading partner on the continent but a flagging economy and recurring power outages make it a tricky investment destination. and for. electric dreams to reality how
10:17 pm
a village in northern germany and braces eat cars without relying on sturdier forms of power generation. this is the the way of business i'm on in berlin welcome global shares surged after china announced it would slash tariffs on american imports its goal is to start implementing a previously agreed phase one trade deal with washington and soften the economic blow dealt by the corona virus outbreak from february 14th beijing will have duties on $75000000000.00 worth of u.s. goods on the same day similar cuts from washington on chinese imports take effect earlier this week china said it would relax tariffs on products needed to fight the coronavirus it's also reducing value added taxes and offering low interest loans to help businesses weather the storm. our financial correspondent joins us now for a more youngs a could you tell us why this made markets so happy if china is taking all these
10:18 pm
steps it means it's expecting a hit to growth that's not normally good news for investors but it you say. well that the 2nd largest economy on the planet slows down is certainly not a good development but on the other side this announcement from china shows that at least the phase one deal is still probably going to happen and then by the way market participants are grabbing any kind of news these days to drive the markets higher you know we had a new record close here on wall street in the dollar jones industrial average on thursday but the market has been up each single day so far this week with blue chips gaining more than $1000.00 points risen for trading days alone so investors all about the right side but this phase one trade deal also contains a pledge from china to buying american services and goods by $200000000000.00
10:19 pm
over the next 2 years how strict you think the u.s. will be in enforcing that pledge just freshly if china's economy is struggling because of the corona virus outbreak. at this point it doesn't look like the u.s. administration is scoring to be too strict on those agreement as of yet hearing this week we already got hints from the white house that there probably will be delays with the purchasing of us goods by china and having that said there had been some skepticism anyhow if it's going to be even possible that china in total this year alone will purchase u.s. goods in the amount of goods $260000000000.00 something like that has never happened before in the history of the united states so there had been skepticism even before the koran of virus broke and now it's very likely that there will be delays but washington is hopeful that those purchases will be done
10:20 pm
a bit later and certainly some flexibility might be expected our financial correspondent yes quite a there for us thank you very much. else fears of the coronavirus is increasing especially in asia people are doing what they can to protect themselves from infection including wearing face masks in taipei getting their hands on one takes time and patience yes or it is there are rationing the masks too per person each week many wait for hours and even then often end up going home empty handed and that's this rationing of masks that the government of vietnam wants to avoid. the parts are tiny the toxic fiddly but it's all of the day's work for the seamstresses it t.n.g. one of vietnam's biggest textile produces they normally manufactured jackets trousers and shirts at this factory in the north all destined for export to europe the usa since the start of the month they've been making face masks. in the back up
10:21 pm
with that to help prevent the spread of the epidemic we have mobilized everything including human resources and materials we're doing whatever we can help we're using our nano plus which was for producing the shirts to make the masks right now we're making over 2000000 facemasks. since the outbreak began the price for face masks worldwide has shot up around 20 to 30 percent according to analyst estimates and the need for them has increased not only in china. although the employees have to work more shifts and longer hours and will try to produce enough face masks to fulfill vietnamese demand during the coronavirus epidemic. authorities here have put an export ban on the masks they want to ensure the local population has adequate care if the virus should spread out in vietnam. german chancellor angela merkel is in johannesburg for talks with south african president cyril rama pozole well the german south african trade relationship was worth
10:22 pm
17000000000 dollars last year far behind say their own chinese trade volume from a poster wants more german involvement and says south africa can learn from germany's experience shifting from coal to renewables he wants to kickstart his country's flagging economy and she's looking to strengthen ties with africa and a post-breakfast iraq until america on syria obama pose a keen to take the next steps to strengthen what's already a well established economic relationship some $600.00 german companies currently operation south africa some like pump maker k s b have been there for decades. but stable employment of this kind is hard to come by these days over the past decade south africa has a condom a has been steadily losing steam. in 2011 growth was at more than 3 per
10:23 pm
cent by last year it dipped to 0.6. that's led to a steep rise in unemployment especially among the young more than half of them are out of work. what they're looking at. is for youth. and. the government doesn't give was no opportunity compounding south africa's economic problems waves of power outages as stage energy company eskom fails to keep up with growing to mt. here to the 2 leaders see room for cooperation says africa still gets almost 90 percent of its electricity from coal. no surprise then that germany's pivot to renewables featured heavily in discussions.
10:24 pm
and speaking of germany and green credentials this next story takes us the german village of spock of birth and boasts the country's highest density of electric cars and it produces most of the energy needed in a local wind farm it's made a success of electric vehicles and car sharing putting paid to the perception that electro mobility only works in cities. and i deal with little village in the far north of germany. pocket near the danish borders bucolic but far from a sleepy place when it comes to new mobility concepts. we probably have the highest density of electric cars of anywhere in germany more than 20 electric cars for $250.00 residents that's quite special. in fact that's an e-card to people ratio that's 25 times higher than in the rest of germany there are 2 reasons for this 1st they don't need much charging infrastructure here no one lives in high rises and
10:25 pm
people all charge the cars up at their front doors reason number 2 is the nearby citizen the wind farm for 2 decades this pocket residents not the utility companies have profited from the wind power generated here in fact there's usually so much win that the community can't feed all the electricity they produce into the grid so instead they use it to power their cars the wind farm revenues help finance the leasing of the cars the bills the cars have gained added acceptance here thanks to car sharing anyone can rent the drops move below for 2 years 50 an hour that's helped overcome prejudice against electra mobility. yes kept his word and i was very skeptical i thought it couldn't work but it works very well and people like it i use it pretty often myself looking for a few friends at the scepter i was a bit reluctant to start with because i'm not a fan of electric cars but that's changed now this one can get up to a good pace i didn't get caught speeding. you underestimate how fast it's going.
10:26 pm
many families have given up their 2nd car and older people take advantage of the system they can call low tar york who administer is that on a voluntary basis if they have trouble booking a car online karl he should miss and the mayor can't understand why electra mobility doesn't work all over germany the way it does here it's been a moment i have to say that at the moment i'm very disappointed in the government it's far too hesitant to give a lot more needs to be done also in terms of limiting c o 2 emissions as the target is 2050 so i think it could go a lot faster if they really dared to tackle the issue of the modern book had to be on support and daring sometimes pays out in politics mayor nissen has been regularly reelected for the past 25 years. has received its 1st good news in a long while u.s. fund manager capital group has snapped up
10:27 pm
a 3 point one percent stake in the ailing german lender the bank shares gained more than 14 percent and thursday's trading leading the pack on frankfurt dax index it's a leap of faith for capital group deutsche a recently reported its 5th consecutive year in the red notching up a 5700000000 loss for 2019. and that's it for me at the g.w. business team for more you can always go to our website that steve w dot com slash business thank you very much for watching.
10:28 pm
the conflict here in london still breaks ranks with bricks it did break up bricks of what we all should feel was making their own decisions and steering the right ship required to stay friends with our british neighbors shrek seems ready to go for it so special this week real good some of the key arguments for that shake loose all for. the congress breaks it debate conflict. in 60 minutes following d.w.
10:29 pm
. birth. home to millions of species a home worth saving. his words on those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world like to use the term the climate news to green energy solutions and reforestation. they create interactive content teaching the next generation about environmental protection and were determined to build something here for the next generation global ideas the multimedia environment series on t.w. . were systematically robbed by the nazis. and after the war there were no signs of compensation. for collectors caught it and pounced zome on her 3rd reich goodness steal all these more words just to get more money it was truman they everything connected to
10:30 pm
a church called church today researchers are searching for the missing works of art . it's challenging for the experts. and painful for the descendants. to someone. dart in the 3rd rush starts feb 10th on d w. this is the deputy is africa coming up in the next 15 minutes action towards 0 female genital mutilation will say kids of the night carry a tiled way if g.m. is a big part of the culture of making it up battleground activists working to end the practice. when dog is into office look at what goldens make off president jong rainfalls and. every country has in the 8 months. but they must work honestly wish to earn what they.

39 Views

info Stream Only

Uploaded by TV Archive on