Skip to main content

tv   Business - News  Deutsche Welle  May 29, 2020 11:15pm-11:30pm CEST

11:15 pm
kris kobach your old business update out of context of a couple of little use of the talk will be our 1st half hour more about president trump please join special treatment. good. every day counts for us and for our planet. global ideas is on it's wanted to bring you more conservation. how do we make cities screener how can we protect animals and their habitats what to do with
11:16 pm
the waste. we can make a difference by choosing reforestation over the forestation recycling over disposable smart new solutions superstore said in our brains earth is truly unique and we know that their uniqueness is what allows us to live and survive why do you assume the importer mental soup to global 3000 on g.w. and goldmine. keeping times up in the air the german government of the u. commission to have apparently reached a consensus over the financial aid package for the struggling airlines bring you the details also of the show president trump says the u.s. pulled straight hong kong off its special status as many around the world fear about china at least wrote. the special administrative region is cut off and show
11:17 pm
you how europe struggling fishermen are trying to weather the coronavirus storm. i'm chris caldwell and welcome to the program after days of negotiations the german government and the e.u. commission have found a consensus on the financial aid package for struggling that's according to german media sources the compromise will see the airline give up 8 planes on 20 for takeoff and landing slots at his german hubs in frankfurt in munich enabling competitors to expand their activities you commission have pressed for the move fearing financial aid for the airline could create way on a market that's already out of balance due to the coronavirus times and supervisory board ensure all those are still set to give their seal of approval. and here's e.u. competition commissioner my going to divest tiger on why she thought the e.u.
11:18 pm
commission had a say in the matter. we are not screeching extra hurdles at what we're doing is to make sure that when a company and that could be any company any company with market power with a recap nice asian bigger than 250000000 yours that's disturbance of competition is being remedies. the e.u. competition commissioner martin to divest are speaking there now the rescue deal for loved ones itself was months in the making and here is what the 9000000000 euro aid package will look like the german government will take an initial 20 percent stake in the company which it plans to sell by the end of 2023 now this stake could rise to a blocking minority of 25 percent plus one share in the event of a hostile takeover attempt finally there will be 3000000000 euros in government
11:19 pm
backed notes. now donald trump says his administration will begin eliminating special treatment for hong kong he has also announced a probe into chinese firms listed on u.s. financial markets mr trump made the announcement during his speech at the white house so far hong kong has been treated separately to china during the recent trade war between the 2 economic heavyweights but recently moved to intervene in hong kong security measures was has triggered widespread protests and concern among business. for more on the story let's close over to new york and our financial correspondent escort of there yes give us your take on president trump's remarks today. clearly tough words from the u.s. president of wishy washy list of accusations against china but at the end of the
11:20 pm
day no clear or no tough action at least for this points we don't need to be did not hear about a new terrorist for example we did not cheer that the face one trade deal is off so at the end of the day at least on wall street the feeling was that there was still no escalation between trade between the biggest 2 biggest economies of the world that's at least was the feeling on wall street tough words you mention it there but given the state that the world economy in is in right now and not escalating the dispute between the world's 2 biggest economies could be a good thing. you know that's what you hear actually from people who actually know what's going on beyond the sea and so we shouldn't forget it's an election year and there is the feeling that u.s. president donald trump might actually use even tougher words in the future the
11:21 pm
closer the elections the goal but that he might hesitate to really let the trade war or the trade agreements escalate because of that would happen that would clearly. we bet for the global economy and also for the u.s. economy itself still probably donald trump might be waiting till after the elections if he is getting reelected before things get tougher and you could also see it on wall street when he started the press conference stocks got under pressure but then when there was a lack of action so it was stocks recovered and for the month of may the jones industrial average is up by more than 4 percent. quarter in new york thank you. more than 443000 brazil is the country with the most covered $900.00 cases after the united states now president j. boss and arrow has repeatedly played down the dangers of the virus and it's largely
11:22 pm
the country's governors that have instated preventive measures and the impact on the economy has started to show and experts fear the worst is yet to come. from january to march brazil's economy shrank by one and a half percent but the true extent of the crisis will only become apparent in the 2nd quarter analysts fear unemployment could spike at almost 20 percent by the end of the year it's a story seen the world over many states here have altered lockdowns prompting the loss of $5000000.00 jobs. opportunity but we hope that this bad phase will end to soon as possible so that we can return to normality i reduced staff by almost 50 percent that's 10 people i had to dismiss it's difficult because it means 10 families have lost of income if i mean just to burn the mind of the me. i think that officials especially these governors particularly in rio de janeiro and sao paolo be keeping us locked up inside for too much time the truth is there are
11:23 pm
a lot of brazilian people who can't stay home right. president jaya balsa naro has railed against the lockdown saying they only serve to harm livelihoods he supported by the business and agricultural lobbies some feable sonars government could use the knock down to weaken or abolish environmental regulations and make way for more agricultural land. european 1st woman i use in during bad weather heard choppy seas and what they feel are notoriously difficult bureaucrats in brussels the coronavirus appears to be an even bigger test of their endurance. cooks often on the north sea coast is a popular tourist destination in germany. guests to the region booked around 7000000 overnight stays in 2018. vibrancy is a tourist magnet and every tourist is also a potential crab customer. but top in his nose is painting his boat instead of
11:24 pm
heading out to sea because hotels and restaurants have been closed for months it started getting bad in the middle of march. we noticed when the 1st cafeterias closed then the restaurants after that the sales dropped off merchants saw what was happening and immediately put on the brakes before that we were only fishing at 40 percent capacity anyway. there are now more than 90 crab boats in port a long the north sea coast no income but full running costs supplied for emergency aid but hasn't heard anything for 6 weeks if the 44 year old husband and father isn't painting then he's looking through documents rulings motions and changing political proposals some money could come from the european fisheries fund but that's also a source of irritation dutch fishermen who are right near hitters and cooks often are getting a lot more money out. fishermen can stay in bed 5 days
11:25 pm
a week and they'll get 22000 euros in the month from my ship size which is actually the maximum rate we'll get a 1000 euro those. germany's last fishing fleet could have fish and cook stuff and slow down its catching and processing operations at the beginning of the year. ships are catching 50 percent less and crews are taking longer breaks fish is not considered a staple food consumers are holding onto their cash and the fishing industry is suffering the consequences. it's to iran now and the country is starting to ease some coronavirus restrictions on restaurants but customers remain wary. restaurants in iran can finally open again even if it's only at 50 percent capacity and once strict health protocols are followed but after the coronaviruses
11:26 pm
devastating impact in iran diners have been slow to return as this tehran restaurant shows. of the customers still don't trust going out you know to be on between and say because of the virus it is difficult for them to come and eat at the restaurant so. i will. still. those that do venture out are cautious. kristie don't take time we still don't go to restaurants much. we went once to a restaurant to eat out but we don't go out to eat with the family in crowded places. so this wonderful behind us have to go on and. this latest move is part of the overall goal of the iranian government to reduce kovac cases while avoiding total lockdowns the government has announced another $57.00 covert related deaths in the last 24 hours alone critics say the infection and
11:27 pm
death toll may be higher than the official numbers a concern that is keeping some customers at home. and finally german executives are returning to their jobs in china as the virus outbreak appears to be largely under control they're a 1st like trip off from frankfurt international airport on friday headed to jin on boards tour 100 members of german companies and their families a 2nd flight with another 200 germans working in china is scheduled to leave for shanghai next week. best of health to them and to you have a. good
11:28 pm
shape i don't have time for this now i have to work we never really have an awful time stress is not good it's not good for you. sure but how can we escape. better time management help us
11:29 pm
lead healthier lives. recall debating and. wouldn't and teaching how to practice sustainable forestry is all about training give them power and people is also bad boys themselves still going to have babies come fall and coming up for. 60 minutes. staying up to date don't miss our highlights. program online d.w. dot com highlights. to assume. then beethoven's pastoral symphony is the foundation
11:30 pm
of an international art project. to mark the 250th anniversary of the composer's 1st beethoven worldwide. history project starts june 4th on t.w. . welcome to in good shape coming up. probiotics and why they're not always healthy. always online how smartphones have taken over our lives. and time pressure how much.

22 Views

info Stream Only

Uploaded by TV Archive on