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tv   Business - News  Deutsche Welle  June 19, 2020 5:15am-5:31am CEST

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broad daylight in a park in the german capital. this is d w news from berlin there's more on our website d.w. dot com you can follow us on instagram and twitter i'll handle there is news and character and thanks for watching. i'm secure in that my work not hard and in the end this is a me you're not allowed to steal any more we will send you back. are you familiar with this. with the smugglers were alliance of the what's your story
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ready. i mean when i was in women especially in victims of violence and take part and send us your story we are trying in all ways to understand this new culture. you are not a visitor nothing yet you want to become a citizen. in for migrants your platform for reliable information. these are the latest chapter in creative disruption or just more of the same old as the united states abandons talks with europe on a digital tax. cheers in a german firm why god take a big fall out of the almost true 1000000000 euros go missing. the coronavirus foots the delicate balance between people and the adults on the. massive strain in
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south africa's nature reserves. and the end of an aviation era as the last convoy of oversized pads for the world's largest airline and for the fragility. of it as well and that's the business google facebook amazon they've changed the world the way we do business but what about the way they do business they have to pay any taxes europe wants to change that international talks but the u.s. has pulled out front is a pioneer when it comes to the digital services tax and the main driver behind finding an international agreement it's outraged about the u.s. withdrawal. it's a provocation against all the partners at the elysee day we were just centimeters away from a deal on the taxation of digital giants and this is a time when the digital sector is the only sector in the world to profit hugely from the coronavirus crisis such is also a provocation against everyone in the world who believe that it is perfectly
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legitimate for big tech to pay its tax and seek the lord something the us cites a lack of progress in the talks together with the pandemic as being behind this decision however it's already showed limited enthusiasm about the tax which will mainly affect us companies like google amazon and facebook on thursday the e.u. and mounts that it would introduce the digital services tax even without the u.s. on board should no international agreement be found by the end of the year. quarter's outside an apple store in new york for us is the us avoiding taxes here or avoiding this digital tax who doesn't have a better suggestion. well i mean 1st of all it's really highly unusual how the u.s. so communicated that they're not going to continue negotiating about a digital tax and the head of the treasury stephen nugent basically just sent a letter to the to european countries well the united states has the point of view
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that and the big digital companies are basically almost all american and if anybody texas american companies then it's the united states so that sort of where the u.s. government stands and overall i mean the u.s. companies that clearly could afford a bit higher taxes just 5 of the top digital companies here in the united states have a cash flow just cash flow of a good $550000000000.00 that's about $100000000000.00 more than the g.d.p. of austria. so that we in for another trade. that's what it looks like we have to wait and see what measures now the european union or some of those nations will take but u.s. president donald trump had made it pretty clear even before those negotiations failed is through that he would retaliate jim he even talked about putting import
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tariffs on french imports of up to 100 percent whatever the european union might do donald trump could also go ahead and maybe increase the tariffs on u.s. car imports so yes depending on what the european union will do now that could lead to a trade war. in new york thank you very much. in the german electronics company plunged as much as 2 thirds during thursday trading in frankfurt and after the dax listed the late publication of its 29000 financial results is working while they can find no trace of alleged cash deposits of 1900000000 euros in the company's books earlier this month prosecutors searched its offices as part of an investigation into that manipulation. of
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a national correspondent in frankfurt was following the day's action for us he told us invest is i've had enough. voting with your feet that's a saying here in germany and that means that if you don't like someone or trust someone or you don't trust them anymore then you get up and leave and that's what droves of shareholders to today with wire card and as a consequence the share tanked in a way rarely or if ever seen before here in the german stock market where card itself claims its innocence sees itself as a victim of a giant fraud but an analyst i talked to today said he believes none of it the company had plenty of time to clear things up authorities are looking into the matter public prosecutors and the federal financial supervisors and also the stock market operator their daughter who is starting this occasion will be sanctions probably not informed sources say that the wire card probably won't suffer any penalties still not a great day for the giants. the u.k.
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has a bad plans to go into its very young coronavirus tracing app instead britain will follow in the footsteps of germany and italy which is also going to tracing out based on apple and google technology for shell secretary bangkok's says he's countries prototype wasn't working with i phones he declined to say when a new app would be ready. it's turning out to be a bad year for wildlife tourism a strict lock down in south africa is seeing the $3000000000.00 euro industry implode at lily dale village next to the kruger national park game reserve locals a fight for survival elephants rhinos giraffes this impressive wildlife normally attracts a 1000000 visitors a year to the kruger national park but right now they're finding things noticeably quieter than usual the park was closed to tourists in march because of the coronavirus. it's a threat to people like him being
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a long wanting his livelihood depends on the park's tourists. this vehicle was delivered a few days before the lockdown it never had a single tourist on it and yet we still have to pay the bank ever since every single month the future if you own $1.00 in this team of 13 has never looked more bleak bordering the famous kruger park this community relies on international tourism. but after the reserve was closed as part of the lock down 50 percent of all income has disappeared. the normally perform here for tourists who come from different parts of the world with the current situation it's really a challenge there's no income in the villages normally people would spend the money here and buy drums but now all i do is to sit around and drum for myself when i feel lonely planet. but the main source of income dried up there's little money to
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survive the situation is a disaster for conservation with locals forced to consider all means to put food on the table with us not being in the park driving around giving more porches room to move around and continue with their coaching and secondly is the villages around around the park may disparate you start going into the reserve and poach for food and as well as of maybe for financial gain. the longer the lockdown continues the more local residents on the reservation will both suffer because the kruger national park is a symbiotic sits between its people and its animals. now a brief look at some of the other business stories making news insurance giant lloyd's of london has said sorry for its role in the atlantic slave trade it was included in a university college database of companies with ties to slavery lloyds has pledged to fund opportunities for people of color and indian confederation of companies is
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calling for a boycott of hundreds of chinese goods it follows a border clash between indian and chinese troops that left dozens of soldiers dead on both sides a boycott would backfire if china were to ban exports of raw materials. germany's twosome cope says the european commission has approved the sale of its elevated division a group of finance is agreed to pay over $70000000000.00 euros embattled industrial like on says it will use the money to pay off debt and restructure. russia is now lifting a ban on telegraph a $28.00 had seen the messaging app locked in russia on national security grounds until it gave up the keys to its encrypted but the company refused citing user privacy. and it mosco k.f.c. has opened its 1st outlet with fully automated food collection or has still need to prepare the food but a robotic arm takes orders from a conveyor belt to
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a pick up point system uses facial recognition. and i've been told childbirth is like pushing a watermelon through a coin slot well how about squeezing the world's biggest passenger jet through a tiny french village. the residents of 11 yok in southwest france are saying an emotional goodbye airbus has transported its a 380 aircraft components through this country village for 14 years this is the last consignment to squeeze through its narrow streets. it wasn't it was good it represents the whole life of the region it has made the region live together with all the neighbors the villages around here and work for the people my husband worked on it for 40 years it's magnificent. to me. airbus is retiring a 380 next year because orders have dried up. the super jumbo jet proved too big for the market at our best as customers now want smaller more fuel efficient planes
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like the a 350 or boeing 707. the journey for this jumbo jet began at airbus is fuselage production plant in san is there in northwest france it will be fitted together with its wings and tail into loose for delivery to dubai based emirates airlines next year the last of its majestic kind fewer than $300.00 of the planes will be built each with a price tag of almost half a $1000000000.00 euro. the aviation masterpiece was popular with passengers and pilots but not airline accountants. nice big business with.
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the phone. listing. agencies. the global economy during the cone a virus can jam and. will find the right course most government measures called the navigation. we all really in the same boat
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made in germany. despite the danger of coronavirus people who shop for quickly in markets in zimbabwe may be risking their lives. are alternative. to start up the murders 1st food and vegetables right to your door especially when you . if you save. these for. 60 minutes w. . and germany which. any time any place. to sing news video never. kept out
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of the back of his car. songs to sing along to download superstar code both to you from super. to be. a very good causes kind of into active exercise is the right thing about that d w dot com slash don't plan on facebook in the story. learn german so free it w. . the coronavirus pandemic remains the overriding issue across the world and i'll show today as well this is our planet seen from above while only a handful of astronauts ever see the world from this perspective all the rest of us
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remain on the ground and have nowhere else to go so in that sense aren't we all in this.

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