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tv   Business  Deutsche Welle  February 20, 2020 10:15pm-10:30pm CET

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the suspect later killed his own mother and then himself prosecutors are treating the attacks and domestic terrorist if you want to do w. news up next business news with wants to stick around we'll be right back. now live from the shit out of us. in support of. what's a big. walk over. to the river. in the. climate change. most of us.
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want to use today the future of. teetotal dot com for. the. click term. tesla gets the green light a court says the electric car maker can continue clearing trees on the science of its plant gigafactory but then. also a landmark day on wall street a $13000000000.00 buyout by morgan stanley is the biggest by u.s. bank since the global financial crisis. also coming up more massive numbers as the global aviation sector. the figure on the cost of coronaviruses. careful
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it's called jordan's dancing bear east who is during new customers in the swing of the hips. this is deja vu business on robots in berlin welcome along tesla has the go ahead of course in germany has ruled that forest clearing for a new factory for the car maker can continue environmentalist's have blocks the works in court saying that the public had not been properly consulted they gave a factory site is located just outside of palin and will be tested 1st in your production is set to begin in 2021 with a starting to pasty of $150000.00 electric vehicles a year. now it's the biggest acquisition by a wall street bank since the global financial crisis morgan stanley is buying discount brokerage each trade in a stock deal worth around $13000000000.00 the bank says the purchase represents the
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deal forward as it tries to broaden its own wealth management unit morgan stanley hopes that by doing so it can better protect itself from slow periods trading and investment banking. for more on this let's cross to our correspondent on wall street jose luis to haro to say the biggest u.s. banking acquisition since the financial crisis in 22008 so what's in a with this to happen now. there are there are so many factors here to take into consideration robert the 1st i would say a friendlier administration in washington towards. these operation used. to mention that will test the waters from regulators perspective but also they ones are troubled child of investment banking has indeed to reinvent itself over the years it has a cult do. trading operations and focus more on lending and wealth management and
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even ball the federal reserve got rates at 3 times last year morgan stanley's airlines have been pretty solid and pushed shares up 33 percent over the last 12 months. so why are we seeing the likes of morgan stanley keen to move into the brokerage sector. being the need from a big investment banks like morgan stanley or goldman sachs to look into a real growth over the last couple of years seen goldman say case we have seen a push into retail banking and lending through new businesses like mark or carter for example in morgan's case their latest operation need to clear opportunity to grow we mean business with mom and pop investors are going price who are among the retail brokerage platforms instigated by robin who do each as you stated that no commission rule has forced a major player say to either join forces. charles schwab and t.d.
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ameritrade later last year or do you press stock price converting that company like i can before long time suitors like morgan stanley and big deals like this how much is what's president trump has introduced since coming to power made this more possible it was before. you know basically there's been a lot of. different on show industry since. power but it's true that most of these has focused more in their medium medium size have banks instead of the big banks have bad and it's true that regulators have been much more lax and that's why we are going to see maybe more operations like deals going forward. as a thanks for joining us that's jose luis de haro in new york for us.
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now the corona virus is affecting the global economy as demand for goods and services declines in china one of the many industries affected are the airlines who have been forced to cancel flights to the country now the international air transport association says carriers in the asia pacific region as we can see here are losing out to the tune of $27800000000.00 that's because of the outbreak those most hits are chinese firms as you might expect but if we do just broaden out the picture and look at airlines globally we see that figure rises to $29300000000.00 almost $30000000000.00 and that's not all i also says it's figures only apply if the center of the outbreak stays in china i also said on thursday speaking about the virus if it does spread more widely to asia specific markets then impacts on airlines from other regions would be largest still so for the likes
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of quantas suspending flights to china as have air france k l m which ones losses from the virus up until a full could be as high as 200000000 euros and the impact isn't just being felt by those who get in and out of china by air those who rely on land crossings into the country are also facing disruption. hundreds of trucks wait patiently to enter china in the northern vietnamese province of lungs rome before it easier to just reopen one of the main border crossings. the green light for hundreds of tons of goods that was stuck here for weeks. the outbreak has affected us badly since the lunar new year most drivers have stayed at home. some of the trucks have been held up here for more than a month so the goods have gone bad or spoiled overall it's hit us hard.
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close the checks on the trucks and drivers by customs are aimed at preventing the covert 19 virus from spreading any further the trucks are also sprayed with disinfectant and even though beijing says the rate of infection is going down in china the world health organization hasn't given any hint of an all clear. the. decline in confirmed cases once again we are encouraged by this trend but this is not time for complacency despite all the extra measures the vietnamese can only hope that none of the trucks inadvertently smuggles the virus back across the border when they return from china. now for a quick look at some of the other business stories making news india has warned the united states that it would not rush into a trade deal indian foreign ministry spokesman rubbished kumar made the comments as head of u.s. presidents donald trump's planned visit to the country on monday which is aimed at repairing trade relations between the 2 sides they have been at odds over tariffs
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and u.s. demands for greater access to india's poultry and dairy markets. isn't it apple has been trying to hope sales of a book written by a former employee in germany a letter seen by reuters suggests the company felt store confidential gave away too many details about how it operates lawyers for the authors say the book takes a positive look at apple's practices. that the international monetary fund has called for a restructuring of argentina's debt currently the country owes $44000000000.00 over the next 4 years if it does get restricted investors would take a hit but it would be welcomed by the new leftist government in argentina which says the current payment plan is unsustainable. as one newspaper put it hating the international monetary fund is a national pastime in argentina this protest last week a display of anger against the i.m.f. the country borrowed multibillion dollar amounts in 200-2003 in 2018 the strict
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requirements often blamed for ongoing economic troubles except now the i.m.f. too says the current debt levels are not economically nor politically feasible agreeing with the country's new president oh but often and but if you're not they are now it seemed we had nothing but we are right and they told us we were right and for the 1st time in history the funders recognized this and for the 1st time in our history of arjen times we were going to tell them this time to let us make the exit plan and they told us to go for it you know here in our in. the country is not yet out of danger the i.m.f. has recommended private negotiations between the government and investors. many of them fear argentina could head for a default later this year even if they can relieve the country of part of its debt burden. finally jordan's biggest city of on has plenty of coffee shops and that means the competition to attract customers can be fierce fairness need to keep on
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their toes if they want to stand out check this guy out. when. left his home in yemen and moved to jordan he missed his family and he needed a job so he put $1.00 and $1.00 together started at a local coffee shop and brought his ancestral traditions along ever since he's been dancing on the drop. when i came from yemen i did not know what job i should get i managed to work at this coffee shop and i like being a barista because it's a fun job you can laugh with your customers deal with many people and manage to meet a lot of people through coffee i love this job very much. and it shows every cup of coffee every glass of water dances it all the way to his
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customers and he's attracting more of them every day. of. his unique movements and the atmosphere he creates on the street honestly i come here because of him. and he's not the only one coffee shop has seen quite a boost in business since he started this daily dance routines. as. for me and the business team here in. facebook and twitter.
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i'm sara kelly and this is my premier on conflicts of this week conflict zone is at the munich security conference in germany a country which has just been plunged into a leadership crisis and confronted with the specter of its nazi pasts my guess is a c.d.u. parliamentarian from serves on the foreign affairs committee but ricky's a better welcome the situation is not in your control is it how could you go to get to this point to the conflict so far. in 60 minutes phone d.w.
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. i'm not nothing out of the gym because sometimes i am but mostly i'm nothing with the time and the budget and i think deep into the german culture of. newton seem to think that his grandma say oh do you cuss if hold out they know i'm right joe join me i mean the gem of a post. they were forced into a nameless mass. their bodies they are tools of. history of the slave trade is africa's history. describes how to make for our own trough it plummeted an entire continent into chaos and violence. the slave system created the greatest player accumulation of wealth the world had ever seen up
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to that time this is the journey back. into the history of slavery. i think we will truly be making progress when we all accept the history of slavery as all of our history. our documentary series slavery routs starts march 9th on d w. this is state of the news africa coming up in the next 15 minutes high drama in uganda and at a day make imprisoned often salzman the president has been free steady as he wrote a poem say uganda would have been better off if its president died while his mother gave birth to him. and would meet the people leading the movement that.

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