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tv   Business - News  Deutsche Welle  July 15, 2020 1:15am-1:31am CEST

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you're watching news a from berlin don't forget you can stay up to date with all the latest on our web sites that's com and you can follow us on twitter and instagram as well at the unit as i'm clay richardson thank you so much for joining us. on middle income people. it's the back environment about society and it's still about a little planet on the brink spokesman certainly leading experts in the film. look you're still only good friends.
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with different languages we fight for different things that's fine but we all stick up for freedom freedom of speech and freedom of press. giving freedom of choice global news that matters w made for minds. in the u.k. you balance well where you are dramatic turnaround from the british government sees the chinese for frozen out of its 5 chain network. and as parts of spain are locked down over rising covered cases attention turns to the conditions on its farms. this is day to day business on robots in berlin it's great to have you with us the u.k. is banning quitman from china's huawei from its 5 g. network the. case as it's made the decision because of security concerns and it
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follows major pressure from the us back in january prime minister barak's johnson said that his equipment could be used on a limited basis the company says the about turn is bad news for every brit who has a phone. speeding up british broadband is a work in progress that prime minister barak johnson wants to boost the network while facing u.s. pressure to ditch war way tensions between britain and china have escalated over beijing's crackdown in hong kong washington says china could use 5 g. for espionage. so it came as a surprise when digital secretary oliver dowden said well we would be purged from the 5 g. network by 2027. the best way to secure our networks is for operators to stop using new offensive while way too quick meant to build the u.k.'s future fight networks so to be clear from the end of this year telecoms
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operators must not buy any 5 g. equipment from while away and once the telecom security bill is passed it will be illegal for them to do so. donald trump at long pushed johnson to reverse a decision he made in january giving while away a limited role in 5 g. the british will raise china's hackles by signalling that the world's biggest telecoms equipment maker is no longer welcome in the west china views while way as a national champion and is certain to retaliate. but since leaving the e.u. johnson needs to boost trade ties of both the u.s. and china. 5 g. will become the nervous system of the future economy it will speed up everything from the flow of information on energy defense and transport to downloading movies and playing games to accessing global financial data. the focus now turns to europe german chancellor angela merkel has ruled out
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a ban on wild way she is trying to keep china on side without antagonizing washington d.c. the u.k. decision anwar way makes the balancing act much more challenging. and as you heard there that decision came after a great deal of pressure from the united states so let's bring in our financial correspondent jose luis de haro he's in new york. what's the reaction been there to britain's radical change in approach. it's been a good one rob and actually it's a win for us and we has to be in a pressure in worldwide due to bonded us of what weight equipment in their 5 g. networks and has been even more significant for big countries that are members of the 5 intelligence alliance actually out there do you case that decision canada remains that belonged country right now into the lines that has yet to decide whether to keep using who way equipment or not but the u.k.
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decision and to sanctions coming from washington will keep it weakening who weighs a case in front of what governments in favor of all the company are such as a nokia and ericsson as stocks of both companies actually were as they are becoming right now the clearest alternative when it comes to 5 g. equipment so should we expect to see the white house using this to pressure on more countries to follow in the case footsteps. definitely 'd rob and that pressure will keep coming in different shapes and forms demain one gets a form of those sanctions imposed by the trumpet ministration it to a stop for semiconductor manufacturers whose operations using us of word and technology from actually delivering chips to our weight now the pressure increases
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of balder for canada and europe. us to threaten not to to keep sharing intelligence information with the allies that keep using you always a quid men but that but there are all the spears of pressure as surely do trade and the diplomatic side but for now the u.s. national security adviser robert o'brien and it's a counterpart from each germany france and the u.k. are meeting in paris deals week where do we'll probably discuss this matter in much more depth as they louise to harrow our financial correspondent in new york thanks for bringing us up to date now to some of the other global stories making the business news 3 u.s. banking mages have posted big drops in profits for the 2nd quarter taking morgan's earnings hot citigroup's were down almost 3 quarters and wells fargo posted its 1st loss for over a decade the trio of revealed also that they set aside
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a combined $28000000000.00 to cover bad loans during q 2. companies in developed nations have often been accused of turning a blind eye to conditions at the factories and farms where they source their products but now the german government is planning to make them accountable for their overseas supply chains spawning a new law that would impact a wide range of sectors from textiles to take. these pictures show the tea harvest in the northern indian state of assam many german wholesalers buy their tea here produced under working conditions that would not be allowed in germany says development minister gad miller. these are conditions like an early colonial times an awesome women working 12 hour days in the heat on steep slopes and earning $1.00 a day i mean. up to now german companies can commit themselves voluntarily to uphold acceptable social and ecological standards along their supply
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chains but few actually do and there's been no consequences for abuses we are to this means we're accepting and cementing exploitation of people in the environment in developing countries and we're tolerating child labor on a massive scale but new legislation could stop that the so-called supply chain law would make larger companies responsible for maintaining ethical standards with regard to subsidiaries and contractors abroad and make them liable for violations but businesses are protesting saying it would be impossible to monitor all foreign suppliers and that by going it alone germany would put its companies at a competitive disadvantage instead they're calling for a europe wide solution. to spain now where many spaniards had hoped that country's seen the worst of the coronavirus crisis but over the past couple of weeks a series of localized outbreaks have been emerging people in the catalonian town
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have been barred from leaving because of a surge in cases that. this rule of dil has become spain's new corbet 1000 hot spot thousands of people have contracted the virus here and they gave our region many of them harvest workers go go go viral came to spain from senegal more than 10 years ago since then he has worked on these orchards every summer but he has never seen a season like this book. first i was afraid there was a lot of fear but our boss quickly introduced rules among other things everyone must wear gloves and masks we just have to follow them now. the local hospital has set up a dedicated coronavirus ward it is nearing capacity local governments and courts are currently debating the introduction of a curfew many residents blame mostly african migrant workers for the outbreak thousands came to gaydar in early summer at the beginning of the harvest season.
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and boy it is clearly seasonal workers who are to blame they come here to make money they don't care about anything else only work they always move from place to place and some violate quarantine rules many also do not adhere to the applicable hygiene measures and. other more understands the concern of the locals the seasonal workers spends almost every lunch break here in his regular cafe for him the problem is mainly due to the miserable conditions in which he and his colleagues have to live often there are up to 10 of them sleeping in one room and the guinea and says something many elsewhere are unveiling to say that many work without a contract and are defenseless. in my community only imagine a person who is completely on his own what can the others still want and that is certainly 30 to 40 percent who have to work under these conditions. the most.
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the local government and has for a long time promised to deal with the problem however nobody has time for interview . one of the main groups affected by the corona virus outbreak. people that officially don't exist it's been an open secret for many years that many farms in the region rely on irregular migrants to cut salary costs in times of the coronavirus this strategy seems to backfire. for horse worker global give aura working with a mask and gloves in the midday sun it's becoming increasingly hard but the boss who comes to check insists nobody works in his speech fields without a contract he insists that's possibly a reason why there hasn't been a single case of covert 19 here. and finally a lot of people have taken coronavirus lockdowns as an opportunity to begin a new project at home and queen elizabeth the 2nd seems to be no exception the
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british royal family has begun selling dry infused with flavors from her majesty's garden of buckingham palace cost around $50.00 a bottle and contains essences of mowbray whole form. which i'd never heard of but apparently is a flower served with a slice of lemon and tonic it's supposedly the queen's favorite some attempt. delicious so for me in the business team here in berlin if you do check out our website that's called slash business you can also find us from facebook and twitter thanks for joining us.
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as it secures. the. need to take a closer. experience knowledge to login. to.
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dreaming of a future planning a career i think of the cost of. young people in the age of covert 19 faced unprecedented uncertainty. of what can they look forward to when everything is changing so fast. generational lockdown. made in germany. in 60 minutes on t w. presented drama competition while marketing numbers atmosphere power fight at times intuition love hate money. fans from scientists fans and fans old goes on you tube joining us. i'm not laughing at the germans because sometimes i
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am but most are laughing with the people german think deep into the german culture of. newton seem to take this ground on their own you toss it all out there enough time rachel join me for me to get to bungee jumping poles. hello and welcome to you tomorrow today the science show on d w coming up self taught in cars are just around the corner. once they hit the roads traffic flow will have to regulate itself we're told to mislead to. how far along is the technology for that and is it safe. also on the show noise as a stress factor.

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