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tv   Business - News  Deutsche Welle  July 7, 2020 11:15pm-11:31pm CEST

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but he's not living up to 2 weeks you know to expectations at this point the chancellor is instinct is to keep dialogue open and push for change behind the scenes. as china shows its growing assertiveness in hong kong europe's values being tested. you're watching the news stephen beardsley is up next with business stick around we'll be right back.
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chinese own tick-tock pulls it out from hong kong can a social media sensation escape the crossfire as the rivalry between china and the us. also on the show new developments in the facebook ad caught we'll talk to our from our new york financial correspondent. and we follow
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the fortunes of a migrant worker in germany was caught up in the largest outbreak of covert 19 in the country so far. hello and welcome to the show i'm stephen beardsley and this is your business update. has moved its app from hong kong joining other tech companies that are seeking to protect users there from china strict new security law a social media sensation is owned by a chinese company and is now in the crosshairs of the u.s. government secretary of state mike pump aoe even said tuesday that banning the app in the u.s. is a possibility. while web users in mainland china have to negotiate a powerful censorship system hong kong's internet is free and open until now anyway google facebook what's up telegram and twitter have all stopped taking requests for user data from hong kong online freedom of expression in the city is seen as under threat i think the word ok all to fear he's already is that.
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the cyber expression of. the new law means police can force internet companies truman content breaching online rules can lead to jail or a fine. so i believe the government will take further action towards these social media platforms. i think it's possible we won't be able to use these apps in the future. to move past. pressure on chinese owned firms trying to expand internationally like tick tock tick tock rejects allegations beijing could use its services to spy on users. tick-tock has taken its up out of hong kong was zoom which is being criticized for censoring content critical of china as polls hong kong data processing requests after the new law the hong kong security law has brought the
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world's attention to internet security and china. i'm joined now by craig is the markets analyst with the firm in london it's good to have you with us let's start off with this decision from tick tock is it fair to say that this is about more than just hong kong. absolutely hong kong i think is a casa list that's going to be the catalyst for many issues i think the tween china and countries around the world nothing takes off is just now so the former is one issue i think it's long been known. but it's been a lot of home a very long but it's long been known as an avenue of potential concern it is something that it's a company has tried to address very very early on and even right now the reaction to this particular situation has been very rapid it's not that long ago china actually imposed they had these national security measures they've been very fast
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to announce these changes and it's quite clear that they want to take a huge step up from the situation said only trying its very best to avoid being caught in the crossfire between china and the rest of the world. is that things like as we know has seen major growth in recent months as long as it's been around it would like to i.p.o. in the coming months. is it still a strong position given that kind of growth given its projections or has some of these recent. i guess it's really drawbacks these the removal from india has that taken in the wind out of its sales results mention the pump a 0 remarks just recently. will the others is there's no such thing as bad news but i don't think this is necessarily true with regard to take sockets growth has been incredible over the course of the last 12 months and but say killa but the last thing it wants to do is be cool so open in they screw kind of game the last thing it wants is for the countries to be looking at it will drain whether it is
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a national security threats wondering how much influence the race from the chinese regime one of the time when there is incredible scrutiny over many chinese firms. as we've already said it's this is a kone which is effectively split itself into 2 already how's want to operational good different name in china and in the one outside of china is outside of china very ones much once the message to the rest of the world that this is not something that's hope for chinese influence but there's always going to be suspicions because ultimately it is still a chinese company so the file that he has acted so quickly it does suggest that it does have own and goal that house belonged in speculate that for example as you just alluded to that it is going to look twice p.o.'s some point in the not too distant future the last thing it wants is to be dragged into this into this very difficult relationship between china and a growing number of countries i don't think it want to distance itself as much as most will allow the growth to continue allow its popularity. right gregory lama
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markets analyst with a wanda thank you very much for joining us thank you. and let's go to our financial correspondent yens quarter in new york for the latest on a nother big tech story ends an important meeting today for facebook c.e.o. mark zuckerberg what he tell us. you know i'm standing in front of barclays center still no sports events but a starting point off a lot of the protests here in brooklyn and that's sort of what this meeting was about with sheryl sandberg marcus zucker burke and leaders from civil rights groups the civil rights groups had to pretty clear ideas so what they want to from facebook and how to change things there is this overall group called them stop them hate for profit and they pushed in hundreds of companies to stop advertising at facebook pages at least i'm for now but what we hear so far is certain meeting has
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not gone very well at least of the civil rights groups are saying that facebook was not really open for the demands for example to have a top executive it's a facebook installed was a civil rights of background which is a regular independent audit so it sounded rather disappointing and the civil rights groups were saying that basically facebook used it as a p.r. stunt but it's not willing to really change on wednesday we will by the way get another audit from facebook published in the stock price that just by the side reached all time intraday high in tuesday session. in new york thank you. and the other business stories making headlines. new york regulators say deutsche a bug has agreed to pay $150000000.00 to settle claims that it broke compliance
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rules in its dealings with late sex offender geoffrey epstein the regulator said germany's largest bank failed to detect or prevent millions of dollars of suspicious transactions including payments to epstein's coconspirators and some russian models. thousands of fins are in local fields to save this year's berry harvest as coronavirus restrictions have kept many of the usual foreign pickers away finland normally needs about $16000.00 seasonal workers a year casual farm worker earns 8 euro 40 an hour for filling a 7 kilogram crates. and staying on the topic hundreds of foreign workers came to germany earlier this year despite the coronavirus crisis here's a look at how one of them from romania experience the time it wasn't pretty. well pair to go go has made it back home the journey from germany to come 5 days 1st
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with the train then the bus he couldn't be more leave to be back in his tiny village in southern armenia. i've been working on and off in germany for the last 12 years but what i went through in the last 3 months was the most difficult experience of my life. back in april alberto go-go and his wife were flown to germany to help with the harvest taking on the work not leaving their children behind but. we had to make promises to stop them from crying one of them one at a bike another some speak. at the airport passengers kept their distance and had their temperature taken but the plane was full of parents who ended up on an asparagus farm there was no social distancing there not in the buses to the fields nor in the containers for the workers slept. instead of 2 pre-n. there were 4 the risk of infection was sky high.
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the asparagus farm gave me the boot it was humiliating i slept on the road and went hungry and. things went from bad to worse when he got to the tonus meat processing plant. and i was scared of getting sick how can you pay attention to distancing when you're holding 15 kilos of me and i told my boss i was sick and couldn't go on she told me i wasn't allowed to stop. nicko they stefanutto is used to hearing stories of this kind he's a member of the european parliament where he speaks out on migrant workers rights. in germany it's an individual states and companies need to realize that there cannot be such a thing as 2nd class citizens in europe. the 1st thing alberto did when he got home was go to the hardware store he's using the
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money he made in germany to renovate his house he doesn't know if he's had the coronavirus after more than a decade of working in germany he says he'll never go back again. i won't go back even when this is over and my 44 years i've never experienced anything of this kind. all right that's it for me and the business team here in berlin you can find out more about these and other business stories a lot of dot com slash business i'm seeing there's a place for joining us. the
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last day on the news a. tunisian. wake up call. concerns about might when extremism in german security forces have been increasing for years in a clandestine network and machine and claims were illegally horgan much more.
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mixed d.w. . numbers of corona virus infections in meat processing plant. crude treatment of livestock transmission across europe. terrible living on. what conditions for employees. how toxic is the meat industry. global 3000. and 60 minutes long t w. like . my gorgeous love. food for the russian soul. it runs deep. so
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many different walks of life. some are pumping and oddly tried but all of them come straight from the heart to its former c.e.o. even when there's no money dilution the marsh will enjoy come. from the 1st of the long to their final resting place the russians are g.w. documentary. the coronavirus crisis right wing extremists could take advantage of it to push their agenda does this tom and tom it's a dream come true for these right wing subversives they can't wait to get started that's good. right wing enemies of the state have established contacts with the units of german soldiers and police. doesn't so feel we have to look at the sum
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total of all the individual cases is there an actual net was he just on its market and.

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