tv Business - News Deutsche Welle July 16, 2020 1:15am-1:30am CEST
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you're watching to get your news from berlin don't forget that you can stay up to date with all the latest on our web site you know you talk tom and you can also follow us on twitter and instagram. and i rejoice in coming to you from berlin and thanks so much for watching us. i'm not nothing out of the germans but sometimes i am but most end up in with the. many things deep into the german culture of. nudity and keep the scrum on their own belief because it's all out there no time rachel join me for me to get the bungee jump course. you read the announcer give to. leave the shoes of his wrist band on.
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the bold goal. to slow. the lists of love and respect. you. know win for apple and all and any new court has overturned the rolling that the us tech major paid billions in irish back taxes. of ours pandemic has caused a massive surge in the rail freight we'll look at one of the busiest. places the. robots and it's great to have you with us and e.u. course has told apple it will not have to pay 13000000000. in your ace in back
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taxes to ireland the company and the irish government successfully argued that apple's low tax bill did not amount of a state aid the decision overturns a 2016 rolling that apple broke e.u. competition regulations the company paid irish tax rates as low as not points not not 5 percent european commission says it when i'll consider its next steps which could include an appeal to the use supreme court. but we can speak now to dr charles garrott ven he's an international tax expert at university college dublin in ireland people watching this might be surprised to see the irish government arguing that it shouldn't receive this 13000000000 euro windfall and why is it arguing that. well i suppose it's for 2 reasons really we gave a ruling to our poll which essentially said this is what our tax laws are. the
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commission in athens reached a decision that sort of well this is what your law should have certain. number one i think we have to defend our rights to make our own tax laws and number 2 i think we want to defend. the fact that the money wasn't gold according to our laws i don't think we could have started to up all well as far as we're concerned are also if you don't roll the lever please give it to us. so for those reasons i think we had to we had to take the case and of course even if we hadn't apple was going to take this case a novel would have won the case today anyway so i think it might have started relations with that we don't support them no action here and was there ever a genuine danger of apple leaving over this tax bill. and well i suspect not they've been here for 40 years and i think one of the things
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that people need to understand is apple isn't a brass place on a building somewhere in our land it's employees people here it's a matter in the economy so i'm not so sure that they would have simply polar operation out of the country was it was very important for them to take this case because of the importance of multinationals to the r.c. kaname at 10 percent of direct employment in our land comes through foreign companies and those are well paid jobs 33 percent of income tax is paid by them and 2 thirds of our corporation tax is paid by them so while apple might of laughter i think it would have been very difficult to attract more foreign direct investment if you were to say to them wow we're telling you what our tax loss is but we're not going to stand over. and was about from the use perspective does the european commission now need to change its approach to tackling what it sees as tax avoidance. well when you say showed my view is got
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a choice and i don't think stage 8 was our bridges our mind to deal with the issue of international types of warnings. and i don't think it's the appropriate market and so we need a truly international approach to solving issues many of which arise simply from the mismatches between. rules in different countries and this issue primarily arose because arlen sense that these are all companies were resident in the united states in the united states and they were resolution are under now as a result they were resident nowhere that's not really something stay right and so often i'm not sure it's something the commission can solve. as to whether they will change their approach i don't know and certainly i think the decision is not the defeats that many are making and i'm to be because. i believe that actually they won on the legal principle that they were trying to advance and that represents an
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extension of state rules from where they were before so they've had our approach in the worst by the court at this point where they really lost was in the way that they applied those principles that they were on the court and so they've they've lost on principle they they won on the law and so i don't believe they will back off using state law to to try to address these issues boss ultimately i think they need to be saw somewhere else. or given that so interesting to see whether the commission does appeal against this rolling dr scholl's gallivan from the university college dublin thanks so much for joining us i spent much. now one day after the u.k. banned huawei from its 5 g. networks over security concerns the u.s. government is also taking aim at the chinese text it's imposing visa bans on the companies work as secretary of state's mike on pay or says that applies to huawei
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employees and workers from other chinese to the u.s. believes are involved in human rights violations including in china's western. province it's not clear how many workers will be affected but it does employ $194000.00 people white. fella coronavirus prices has boosted business for freight trains all that toilet paper a medical supplies has got to get people somehow one of the routes seen a surge in cargo is the 11000 kilometer eurasian linking china with germany. it's an epic journey and full of interruptions one bottleneck is the bell ruffian town of brest where the containers need to be reloaded the european track in just narrower. most of this cargo is from china's northern provinces beijing's aim to spur increased economic integration with europe's export markets.
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air freight rates have recently hit record highs making the cost savings for rail even more attractive it's not as cheap as shipping but it's quicker. transport i'm calling it usually takes 25 days for the freight to travel to poland . from point of origin to final destination which is probably the quality of the door gold boats or cost of the costs for a single container or about 5000 euros over go. into addition to i would all the freight trains between central asia and eastern europe could be quicker but antiquated tracks and all the red tape and borders would need changing plus passenger trains have priority on shared tracks meaning containers have to wait their turn. the pandemic has seen high demand for
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surgical masks as well as stationery and electronics for the home office. that's led to 300 percent growth for a logistics company helmand and there's an environmental benefit. was like it's. something that has perhaps been obscured by the pandemic but i think that it's still an important criteria gobby. by switching from air freight or road transport to rail companies can optimize their carbon footprint or you could see what's why belongs to all to no. one destination for chinese freight trains the port of hamburg. here the train space direct competition with sea cargo but the shipping companies aren't concerned. competing out through the. freight trains are not serious competition for shipping over there a niche product that's enjoying growing popularity about $100000.00 containers are
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transported by rail from china to hamburg each year which compared with the $9000000.00 containers that are shipped that's a negligible amount on the phone obviously you. look at whether rail freight will be competitive in the long run remains to be seen many chinese provinces subsidize the sector with state funds. beijing views the china to europe route as a test run for its mammoth new silk road. some of the other business stories making the news vans economy is likely to shrink by 4.7 percent this year thanks to the coronavirus crisis the bank of japan expects the economy to grow again next year but causes outlook extremely unclear and pendant on the consequences of demick. google has become the latest high profile firm to back india's geo. the search giant is investing $4500000000.00 for
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a stake in the top indian telecoms network out also develop the new smartphone but the company. has tweeted his vision of. the latest gigafactory for tesla to produce cars and batteries the project is currently under construction just outside the german capital its plans to open next year employ over $10000.00 people. and burger king is adding 11 grass to the diet of some of its beef. it's in order to lower the may thing emissions from cows by 33 percent they reckon a special reduced methane emissions what is on sale in restaurants in miami new york or los angeles. and finally if wiring darth vader's original costume or putting on tom cruise's maverick pilot it sounds appealing to you then finally here's your chance to go on to action in los angeles next month along with
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a host of other hollywood props a look at this this is the star lot it's a spaceship used on the set of the original alien film 979. $1000000.00. has that darth vader costume hoping someone is going to be willing to pay a quarter of a $1000000.00 of that. and then there's that amazing helmets worn by tom cruise topped up yours for in the region of $50.00 to $70000.00. and that's all from me in the business team here in berlin if you want more from us to check out our website. slash business.
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putting. in 20000 refugee crisis was given the thing is. unclear a deal a 3 year old syrian boy drowned while. his father survived the tragedy. years later he's trying to make a new start in iran. how is he coping. global 3000. next d.w. . ensured the comfort zone will search early my guest this week is in bob
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boyce minister of foreign affairs and international trade c bossi so more. as a former army chief he was also the face of the military coup that propelled amnon babatz a powerless. zimbabwe be able to see change the political economic. system of the. beethoven piece for me. is for. beethoven as for help. for a token just for. this.
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