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tv   Business  Deutsche Welle  February 7, 2020 3:45pm-4:01pm CET

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and me of growing dutch monks put their faith in nature to make a business of them on a street or sustainable. place to business the corporate carnage continues financial markets in asia and europe a back down today infected by the corona virus china has delayed announcing monthly exports actual the figures don't look good global trade as a whole is taking a hit the world's top contain a line is have all dramatically reduce traffic to china airlines and entertainment outlets are on high alert all closing temporarily hong kong airlines is slashing 400 jobs and asking remaining staff to take unpaid leave the comic is a feeling the pain the world's most productive auto factory owned by south korea's he is stalling jus to a lack of components from china and japanese clothing chain uni clothes has temporarily closed its $750.00 stores in china due to the outbreak which also poses a major logistical challenge to feeding the nation. walked into
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a beijing supermarket and you will see shelves well stocked with groceries as these pictures from state television show the chinese capital as well catered for home prices are stable no need for panic buying here is the message. naturally people are unsettled by the coronavirus and cautious everyone is wearing face masks but the government is aware of the need to keep the food supply regular it's a stability issue people who don't have enough to eat get restless and want to buy food prices a box of eggs here costs around $5.00 euros which is expensive by beijing standards in the countryside there a scene straight out of the propaganda pictures of the cultural revolution the fields are flourishing on the farmers are busy bringing in the harvests in vegetable markets in her face a city of 8000000 people officials are confident of course they are. but the transaction volume of fetch deposits 2000 tons every day and the prices are largely stayed. transport the peers to be working fine even in the central
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quarantine zone in who bay province. here the streets are deserted only the transport of medicines and groceries is allowed in the cordoned off cities. reports of empty shelves are rare. in the middle of the country it's a transport hope for the whole of china including lhasa in far away to bash the home a hint also on the way to the since january 30th we've loaded 3 to 5 trucks a day with 9220 tons of goods a little of this all fits with the government's official stance rice stocks will last for at least another year to people who believe this as long as their needs are met. there's panic buying in hong kong rice noodles make toilet paper lines along residences snatching up whatever they can get their hands on his shoulders there are ample supplies condemning what it calls malicious rumors about shortages
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supermarkets putting limits on the amount of products people can buy clothing at a septics. it's a good news the world health organization says they have been fewer reported infections in china but says the number could go back up if i call his bluff is he has put this all into perspective for us 1st of all tell me what businesses in china have been telling you. suppliers of course for example. as well as food beverage producers which are really scared about the development of this virus 5 know. scared in what sense about what is going to do to their business executives already impact on their business for example some companies. won't open on monday they remain closed to told their stuff to stay at home because they afraid of the buyers so this is a sign that it's not on the control and they're scared that the institution and the communist party is losing the control and the people lose the faith in the system and it is very dangerous so if this is spreading then we have
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a big problem if the chinese can't get this under control what could the economic effects actually be we already have economic effect the impact is between say a point 02.5 percent on a cheapie built in china will be 2 percent already so everything already the 4 costs i think there's a recession looming of the black swan it could be a black swan for the effort economy built wide and could be put to a system into recession and perhaps the stock market's into question notice you've been talking about a crash for some time and have written about this what makes you of believe that this could cause such an event it's always a pleasure long which is. the crash and this time it's out of control and if they lose the control over the virus and it's spreading then we will see the impact in the whole world so this is the big danger we see right now we're facing and we don't have no idea what's going on in china it's a black box nobody knows what's really going on which figures are right but correct or not and we see the delay of economic data as is not
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a good sign not at all yeah i mean it's strange when sitting here is journalist waiting for these export figures to come out and suddenly they don't get there and we're told we're just going to have to wait another month i mean in the know could it get any better of a no matter what makes you think the numbers of cases or did are not accurate. when you can read on twitter and you see on social platforms in china people don't trust the system anymore and they're different figures office lead if it's 630 people died on the wires but there are rumors that it's much more people and they're producing more mosques and you get no real information to transparency got lost in the chinese communist party and this is always a bad sign if they stop communicating transparency but really briefly about communicating i find it quite interesting and we chat today that with the death of this doctor who said to have discovered the virus in the 1st place but who was silenced it's been a lot of criticism and the party isn't deleting or blocking those messages today
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which is quite interesting that's 989 all over again like in is i'm sure many perhaps they lose control perhaps they're scared because people get really angry and in front of the cameras they always say we don't trust the government anymore help us what's going on and that could be the start of the beginning of the end of the communist party of china a free trade thank you very much for coming in and out of. the w.h.o. is warning of a global shortage of protective gear electronics make a foxconn says it will stop manufacturing face masks alongside apple products at its factory but in taipei getting your hands on one takes time and patience the authorities there are rationing the musts 2 per person per week anyway daoist and often end up going home empty handed is something the government of viet nam wants to avoid. the parts are tiny the tasca fiddly but it's all of the day's work for the seamstresses it t
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n g one of vietnam's biggest textile produces they normally manufacture jackets 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 back up 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 on nano cloth which was for producing the shirts to make the mosques right now we're making over 2000000 face mosques. since the outbreak began the price of 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 moshe some longer hours while trying to produce enough facemasks to fulfill vietnamese demands during the coronavirus epidemic. authorities here have put an export ban on the mosques they want to ensure the
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local population has adequate can if the virus should spread out in vietnam through its ways chief executive to john has quit after losing a power struggle of this was bank the move comes after a spying scandal last year for mr manager con revealed he was being snooped on by a private detective apparently on the orders of cards wheezes will be chief operating officer of the bank supposed african born c.e.o. will be replaced by the us goldstein head of the land is with operations. chelsea delaney is following this for a sell for correspondent chelsea is the resignation of surprise it's not totally a surprise credit suisse has obviously been under a lot of pressure since these spying allegations arose in september but there's also been a very public clash between and the chairman of credit suisse earth rohner over the past few weeks it was clear that one of them was going to have to go it's a little bit of a surprise that it's because he had a lot of support from shareholders and a lot of very vocal support from shareholders what about the new guy what's he
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going to be like the record. god signed it everyone says about him that he's very swiss so he's he is swiss he's the kind of thing. i think in this context it's supposed to be good but he also is very familiar with the corporate culture and switzerland which had been a bit of an issue between him and the board before so he's seen as as that a pair of very safe hands for credit suisse a living for us financial correspondent in frankfurt thank you. german industrial production dropped sharply in december and exports barely edged higher running off a forgettable year for manufacturing in europe's largest economy production of cars machinery drives the german economy and output at industrial firms fell 3 and a half percent exports were very slightly higher well down on the previous year flagging global trade brings it and weaker economic growth it's getting industrial
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production. the climate crisis has forced us all to think about our impact on the planet and businesses looking at ways to become carbon neutral now a group of monks in the netherlands is showing that change doesn't have to take america. the monks at the cumings hoof in monastery have been brewing for 135 years and until recently the hobbits were more 19th century than 24 every day the plant wasted 360000 liters of water that was before the brothers discovered the benefits of trapping the waste water. or you have been seed kind dog for his creation for its beauty and its cleanliness . and but at the same time we are involved in a process which is heavily polluting. so our aim is to give this water back to nature not to less greenhouse is where the monks turn the waste back into
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water the vast purification system relies on plant organisms their roots clean the waste water before it is sent back to the brewery to be used again but we are building as a kind of literally residence for all kind of virtue to that they feel. they do their job cleaning the water. it's funded with you grants and it's hope that it's example will provide a template businesses looking to cut waste and save money proving you don't need a not to gold to save the planet. lasting business with a. come
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up.
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to. a 4 week research project climate protection students from 20 countries embark on a scientific expedition to trust the columns. from to divide. in the good numbers or the project will help them to spread and in our mental awareness our column. really wanted to share that there's a lot that we get to. 30 minutes. what secrets lie behind this was. discover new adventures in 360 degree.
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and explore fascinating world heritage sites. w world heritage 360 get the maps now. good use crime fighters are back africa's most successful radio drama series continues this season the stories focus on hate speech cholera prevention and sustainable charcoal production. all of a sow's are available online and of course you can share and discuss on africa's facebook page and other social media platforms. crime fighters tune in now. belonging to an official estimates more than $1200000.00 venezuelans and even colombia needy and illegally. returned to. to visit friends i don't think i'd ever go back there to live you know what i live
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there again i don't know so i'm not sure. witness global news that matters. made for mines. this is d.w. news live from german politics shaken over a scandal involving the far right conservative and liberal party is under huge pressure after breaking a decades long to brew against a working the far right party. just the chance i'm going to tackle keeps an eye on developments so she visits and goleta for tots. i'm just the death toll from the
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corona virus outbreak top 600 medical experts warn that the danger from flu is just a serious.

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