tv Business Deutsche Welle February 7, 2020 4:15am-4:31am CET
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all 3 landed safely on a sunny hillside in kazakhstan coke's mission broke the record for the longest continuous stay in space by a woman she spent 328 days aboard the aja says having left earth in march 29 tain and while away the trail blazing astronauts also participated in the fight in the 1st all female space walk alongside fellow american jessica mia. next tuesday w. christmas day changed. they were forced into a nameless mass. their bodies near jewels who. mistreat of the slave trade is africa's history. just. before or in
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traffic plummeted an entire continent into chaos and violence. this is the journey back into the history of slavery. i think we will truly be making progress when we all accept these troops leave as all of our history. our documentary series slavery routs starts march 9th on d w the. global markets serves as china makes good on a pledge to slash tariffs on u.s. imports but will a coronavirus feel downturn make it hard for the country to keep all its promises. to the german chancellor i'm going to malveaux is in south africa seem to further boost ties with germany's biggest trading partner. confident. connelly and
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recurring power outages make it a tricky investment destination. and from electric dreams to reality our village in northern germany embraces cars without relying on during your forms of power generation. this is day the way of business i'm joined 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 judy's on $75000000000.00 worth of us 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 help businesses weather the storm. our financial
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correspondent joins us now for more yes a could you tell us why this made markets so happy if china is taking all these steps it means it's expecting a hit to growth that's not normally good news for investors wouldn't 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 face of one deal is still probably going to happen and then by the way the market participants are grabbing any kind of these days to drive the market higher you know we had a new record close here on wall street jim in the dow jones industrial average on thursday that the market has been up each single day so far this week with blue chips gaining more than 1000 points risen for trading days. so investors all about the right side by. this phase one trade deal also contains
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a pledge from china to buying american services and goods by $200000000000.00 over the next 2 years how strict you think the u.s. will be in enforcing that 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 going to be too strict on those agreement as of yet during this week we already got hints from the white house that there probably will be delays with the purchasing of us a good spy 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 $260000000000.00 something like that has never happened before in the history of the united states so there have been skepticism even
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before the corona virus broke and now it's very likely that there will be delays but washington is hopeful that those purchases will be done a bit later and certainly some flexibility might be expected our financial correspondent there for us thank you very much. now fear of the corona virus is increasing especially in asia people are doing what they can to protect themselves from infection including wearing face masks in taipei getting your hands on one takes time and patience the authorities there are rationing the masks 2 per person in tweek many wait for hours and even then often end up going home empty handed. and it's this rationing of masks that the government of vietnam wants to avoid. the parts are tiny the tasca fiddly but it's all of the day's work for the seamstresses at t.n.g. one of vietnam's biggest textile produces they normally manufacture jackets
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trousers and shirts at this factory in the north all destined for export to europe or the usa since the start of the month they've been making face masks. in the gakkai but 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. the employees have to work more shifts and longer hours trying to produce enough face masks to fulfill vietnamese demand during the coronavirus epidemic. authorities here have put an export ban on the mosques they want to ensure the local population has adequate care if the virus should spread out in vietnam. now
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to some of the other stories making news around the world the international monetary fund has put out a warning to all rich gulf states which it says looks set to burn through their wealth in as little as 15 years the i.m.f. says the likes of bahrain qatar and even saudi arabia could suffer as global consumers seek to save energy and turn to sources. is to recall nearly 107000 older audi vehicles because they have drivers air bag inflators that could haul shrapnel in a crouch the airbags have a new and distinct problem from previous to contact airbag recalls that has led to at least one death the w. will notify owners in march. german chancellor angela merkel is in johannesburg for talks with south african president cyril ramaphosa well the german south african trade relationship was worth 17000000000 dollars last year far behind
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say german chinese trade volume pose a once more german involvement and says south africa can learn from germany's experience to shifting from coal to renewables. he wants to kickstart his country's flagging economy and she's looking to strengthen ties with africa in a post-breakfast era and get america on cyril rama pose a keen to take the next steps to strengthen what's already a well established economic relationship. some 600 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
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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. and. it is about $200.00. the government doesn't give us no point unity companding said africa's economic problems waves of power i should state energy company eskom fails to keep up with growing to mount 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. and speaking of germany and green credentials this
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next story takes us to the german village of slack a bush it 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 border is 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
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people all charge the cars up at their front doors reason number 2 is the nearby citizen the wind farm for 2 decades this park abreu residents not the utility companies have profited from the wind power generated here in fact there's usually so much wind 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 to build 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. it was yes kept it short and i was very skeptical i thought it couldn't work but it works very well and people like it was fun for us 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 many families have given up their 2nd car and older people take advantage of the system karl he should miss and the mayor can't understand why electra mobility doesn't work all over germany the way it does
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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 get 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. at the. park and daring sometimes plays out in politics mayor nissen has been regularly reelected for the past 25 years. and that's it for me and the d.w. business team for more you can always go to our web site that's the w dot com slash business or follow us on social media we're on facebook and on twitter thank you so much for watching.
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from the point of strong opinion clear position of the international perspective. donald trump takes credit for the great american come back speaking in the very room where congress held hearings to impeach him he declared america's union stronger than ever as election season starts in the unstoppable find out onto the floor to the point. in 60 minutes on d.w.m. . birth. home to millions of species a home worth saving. those are big changes and most start with small
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steps global ideas tell stories of creative people and innovative projects around the world like to use the term the climate used to green energy solutions and reforestation. they create interactive content teaching the next generation about environmental protection and more determined to build something here for the next generation global one dio's the multimedia environment series on t w. the internal combustion engine has driven the economic and social development for more than a century just think of cars but at some point people began to realize that.
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