tv Business Deutsche Welle February 12, 2020 7:15pm-7:31pm CET
7:15 pm
7:16 pm
w. made from mines earth a home worth saving google india's tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions by global warming to get beaten by a series of global 3000 on d. w. and online. 10 months off for the ousting of president omar al bashir saddam is facing shortages across the long queues are familiar sign outside of bakeries and fuel is going to have a knowledge of fires now the government says it will least continue to subsidize red cross. the e.u.'s side a trade deal. with vietnam its biggest ever with an emerging economy it's regarded
7:17 pm
as an important steps account of china's economic dominance in the region. this is business africa your update on african global business news i'm going to come. sudan will continue to subsidize bread prices during for transitional rule after omar bashir is ouster but wants to achieve justice in distributing income supports its traded industry minister said on wednesday bread shortages triggered mass protests which toppled the veteran autocrat last april after 3 decades and trade minister but danny i was madani told reporters sudan had sufficient weak reserves until it was in talks for deals to insure enough stocks until year end. in khartoum if you want bread you'll have to be prepared to get in line people can wait for hours outside the capital's bakeries cuts to bread subsidies and one of the reasons many sudanese took to the streets last year the government also stood accused of
7:18 pm
corruption and other crimes not long after the protests in april the military ousted president omar al bashir but today problems getting the basics remain shortages and now a feature of many parts of the economy including petrol pumps. as it is. suffering a lot because of the lack of fuel from early morning we get up and stand in the queues for bread students have even left schools to stand in the lines for food few gas and transport. there's no bread few and we humiliated by not being allowed to use their own money or the a.t.m. . years of conflict have ruined the country's economy half the population lives below the poverty line according to the u.n. millions more risk from hunger. that malaysia will and the child will be country has witnessed with the shortages of supplies and high prices is
7:19 pm
a scene that reflects the miserable economic situation has been inherited from the era of destruction. on wednesday the government promised to continue subsidizing bread that may mean the prices won't get much higher but it won't mean the lines get any shorter. while people in sudan are lucky to find affordable bread more and more kenyans have the luxury to be more discerning in the capital nairobi demand for organic food is rising as more people become aware of the environmental and health benefits and more and more growers of organic produce see an opportunity as was evident at the world's largest organic trade fair which opened in a nuremberg germany on wednesday with representatives from more than a 100 countries including parts of africa kenya is among the turnover from organic products there rose nearly 10 percent to almost $12000000000.00 euros last year
7:20 pm
kenya's middle class is growing so more people can afford to spend more on what they eat. let's bring in our correspondent ordering barrow from nairobi joy how important is organic food really for the average kenyan. has the importance of the goetic food is highly dependent on the awareness of the consumer so there are consumers who are fully aware of the benefits of gannett food and then the those who would simply eat whatever comes to be a tivo and india those who generally have no idea what it is all about but. those who do consume the gannett food are aware that it is a life sentence choice and that they have to pay the price for it it's been a style of choice is this just a fad in big cities or is it a real important part of the food market across the country yet it he's an
7:21 pm
important part of the food market in kenya because what we are seeing in the reports that are published by the kenya organic food network in the country is that 80 percent of food served in nairobi at the capital city of kenya is organic food well this cannot be certified they are also reports that see some pains to sell organic food as healthy have a t. 30 percent more annual growth in kenya compared to the global 25 percent so these could actually tell it that well it could be a fad that some people have definitely flown for it well fat are not the fittest seem quite convincing is selling pricey organic food then a good business proposition for farmers. it definitely easer good purpose asian families because what we're seeing 2 days that organic food in kenya costs between
7:22 pm
20 to 50 percent more than the conventional food and this means that some farmers could actually say they're selling organic food and satisfied or satisfied one cannot tell but this is what quite well for them those who sell conventional food have to actually loyalty of prices because in the event that they do say it is authentic food in the age of the consumers find out it's not going to include these likely going to be complaints to the relevant authorities so what we have seen is that pricey of selling has got a specific niche market for the organic foods in the country thought the reindeer are thank you very much. and now to some of the other stories making news around the world british oil giant
7:23 pm
b.p. says it will make drastic cuts on top of emissions by 2050 as part of the biggest overhaul in the company's history new chief executive bernard looney says the company must change profoundly because the world is changing fast and so was society's expectations. as the international oil cartel opec is considering output due to the corona by the organization predicts demand for crude oil this year will be $200000.00 barrels per day less than previously thought that's due in part to waning demand in china opec has yet to bring forward its early march meeting to discuss the cults. german chemical firm b.s.f. is building a factory to make electric car batteries the site in the state of brandenburg near the capsule berlin will be based just 100 kilometers from tesla's 1st planned european factory both sites will open in 2022 years if expects to make enough
7:24 pm
batteries a year to equip equip 400000 cars. through the e.u. is calling it the most extensive trade agreement it's ever reached with an emerging economy to deal with vietnam approved today in the european parliament will slash tariffs on goods and services and would further cement vietnam status as an upcoming economic player but they're also all serious concerns. sports shoes should soon get cheaper for european buyers german sporting goods maker added ass has been producing sneakers in hoochie minh city for years footwear is a big export for vietnam with 15 percent of all germans working on shoes made most goods leave the country via haiphong port the e.u. imports products worth around 38000000000 euros from vietnam not just jews there are a lot. of electronics and agricultural products and european cuisine might be a bit less spicy without vietnam as it accounts for nearly half of all pepper
7:25 pm
imports. the agreement now means the end of virtually all tariffs on bilateral trade the benefit of the agreements are many preferential access to a vibrant to come trying to be of almost 100000000 people from over the tariff barriers for exporters which they currently face for example in cars or spirits the vietnamese side says it will comply with international labor and environmental standards this also includes the founding of independent trade unions so far impossible in the communist state. china's economy has been paralyzed for 6 weeks now by the coronavirus production remains at a standstill in many places and trade has been complicated by bans on travel and shipping there are even fears that foreign companies could leave china altogether if things don't improve soon. the streets of beijing remain eerily quiet.
7:26 pm
although some workers have returned to their jobs this is anything but business as usual. employees across the country queued have their temperature check before they can go to work. those who make it in find themselves practically in isolation that is anything but splendid this office worker usually has 100 colleagues for company today there are just trying to control. usually there's a good atmosphere in the office everyone talks to each other at lunch time but today just with 2 or 3 of us it's really clear to me. the corona virus outbreak is a tragedy for the more than 1000 people who have died is also a disaster for business in the world's 2nd largest economy close to half of the country's 1400000000 citizens are only able to move freely impacting businesses and supply chains of all kinds the situation has raised questions as to how long foreign companies can continue production in china that i've also talked to some of
7:27 pm
the companies in sens in one of the major manufacturing hubs in china they told me that only around 20 to 30 percent of the companies affect to reopen during the past 3 days so given this uncertainty many this is they have already placed their orders elsewhere to places like taiwan and south korea japan so if china cannot control the outbreak by march or april we might see more and more business leaving china and even reorganize they sed they should all of the whole supply chain that scenario remains a way off but the longer streets like these stick quiet the closer it gets to becoming a reality. passenger jet. the revolutionary design is 20 percent more fuel efficient and the passenger jets
7:28 pm
7:29 pm
7:30 pm
commit these awful close conflict. in 60 minutes. much of it. linked to moves from africa the more your link to exceptional stories and discussions from the use of easy to our website d.w. dot com smart to join us on facebook. for. this is t w news africa coming up in the next 15 minutes africans trapped in the chinese problems often on fear the what status the current virus spreads. in the future still. they fight. they say their governments have abandoned their ugandan afraid for his life.
25 Views
Uploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=676702011)