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tv   Business - News  Deutsche Welle  July 16, 2020 12:30pm-12:46pm CEST

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donald trump and. i were 2 part documentary analyzes the difficult relationship between russia and the us and between their presidents how does their rivalry and their dangerous mutual admiration affect the rest of the world to some bullies. starts august 3rd own d w. china's economy returns to growth in the last quarter forgetting the excitement on global exchanges investors feared beijing will cut back on stimulus. returning to the skies how will the post grow radiation industry convince passengers to fly again. and amazon launches exactly 25 years ago the online bookstore is now much more than that but where is the tech behemoths headed. and been as to business china's economy is back in the black growth again for the 2nd quarter it's an important
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milestone in the struggle to recover from a pandemic economy expanded by 3.2 percent year on year than experts predicted it raises hopes of a rapid recovery elsewhere in the world while factories are ramping up again one sector is still struggling retail sales in china have continued to shrink. correspondent in taipei so if government spending drove the recovery you're right actually the rising. was helped by very strong and thus trio production and it's very much a story of government led to assume a lez recovery so if we look at this recovery plan we know a chinese date has increased the amount of money bed local governments can borrow on their infrastructure projects so a rise and construction help chinese economy but if we look at other sectors for example in investment and consumption they asked you a week. when european central bank officials meet in frankfurt today president
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cristina got to face questions on whether she has done enough to return europe's economy to health one area of controversy is how far the c.b. should go in buying up more dead from weaker as southern european economies like italy and spain at its last monetary policy meeting christina got almost doubled the amount of bones and other assets the central bank plans to buy under its pandemic emergency purchase program to almost 1.4 trillion euros let's go over to all the banks our correspondent in frankfurt i mentioned the fears of china going easy on stimulus what about europe. well i don't see any fears in the market so far on europe on the e.c.v. not doing its part not being prepared to do more if necessary but don't expect any announcements of the e.c.b. is jacking up that 1.4 trillion you just mentioned that was only decided 4 weeks ago any time soon madame lagarde the president made it clear as such in an
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interview last week with the financial times she said we have done so much that we have quite a bit of time to assess the latest data carefully that is they're not going to rush into anything the fine turbot the words correctly and i would be very very surprised if she had a different message today at the news conference following the meeting that begins at 230 and no matter how insistently and how cleverly our journalistic colleagues are going to press her on that issue we've got your flowery tie on today only so maybe there is something to be optimistic about thank you very much. i always am. mo mass job cuts shaking up the airline industry demand remains low and will people still be keen on flying it all off to the front of prices what's clear is that the sector will have to do a lot to rebuild trust in a business that's pretty much still grounded. keeping a safe distance is no longer
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a problem at hamburg airport it's a week day and just 30 planes are taking off that's 85 percent fewer than normal check and has been digital for a long time still passengers have their doubts. and. i hope that we can also be very far apart and that they haven't filled all the seats with passengers. and i'm wondering how many people will be on the plane and how they'll keep a distance. and i didn't expect it to be so full that it would be empty or i'm a little nervous because. hamburg center for applied aeronautical research could ease some travelers concerns. what innovations like this onboard toilet. it's touch free but does cost a 3rd more than conventional models. the problem is the airlines liquidity they have to start making money again to afford things like this
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but we're seeing a big need on the part of passengers. at the moment people are heading on vacation by car rather than by plane and companies are replacing business trips with digital conferencing there's a lot at stake for the aviation industry. so we need measures that show how we can improve things to exclude the risk of a coronavirus case which would be a catastrophe if it spread onboard which i don't think will happen that would cause prolonging damage to aviation and we need to prevent that was to go shopping on the moon before you know some firms have moved beyond the research phase could get every ation specializes in plastic parts for airplanes in the midst of the pandemic it develop these infection prevention panels for seats they're cheap to make and are already in the approval process. the company's hoping to get them onto the market by the end of the year there initially been talk of turning some seats
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around to enable distancing but felt that the risks were too high that. it was about evacuation procedures and when you have to get everyone out of the plane fast and they're running into each other that's a problem so we made sure that the protective screens wouldn't be too big so people could easily get out of their seats and leave the plane in an emergency sitting in the distance of from us and can. also has an onboard toilet on offer it was originally developed for flights and asian and arab countries and although you've still got to lift the lid western customers could also see the sense in squatting to avoid any further contact with the twilight seat. if they learn to do a lot of things differently 1st it was called kadabra then relentless and finally amazon 25 years ago today jeff bezos launched his ambitious online store it 1st
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books of course and the 1st book was sold a few months earlier but now it sells everything and along the way amazon has managed to reshape the way we think about retail and take. this is how it looked in 1905 and this is where it's led millions of products that go well beyond books a logistics operation of unprecedented scale cutting edge consumer technology. and the world's richest man. how to quantify amazon it's the largest online retailer in the u.s. by a long shot easily eclipsing competitors like walmart and e-bay it's estimated that 6 out of 10 u.s. households have a prime account. it also overshadows china's biggest players amazon raked in $280000000000.00 in revenue in 2019 almost 4 times what ali baba and j.d. dot com did but it's not just sales that separates amazon it's early embrace of
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technology put it well ahead of its competitors. they are the most advanced sophisticated corporation we have ever seen in terms of taking big data. artificial intelligence and machine learning and integrating. tools into our own lives and they're just starting that's what a lot of people do not realize amazon's relentlessness has a darker side to its tough corporate culture its low tax payments and its dominance over smaller retailers have all sparked criticism. the future is bright however the coronavirus pandemic has boosted the company's outlook. we expect taishan is that amazon will benefit from this in the long term because even after the pandemic is over people will gain new habits of buying groceries and other items online
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will the next 25 years also belong to amazon. that's a question for stephen basically you wrote the reports tell me about what that author in your report said because i thought it was pretty interesting where he said that we still haven't seen yet what what amazon is capable of you know what can we expect and i think there are couple of areas where amazon really is starting to play around with and where we can see them excel one is a i mean it always employed to some extent for alexa for example for a small robotics group that they have for recommendations on the web site things like that where we start to see if they've started to really bring those departments together within amazon itself and there's going to capitalize on what every department is learning about ai and they're really starting to exploit how fast machine learning is going and so those recommendations will get better the robotics will get better alexa will get better and then we'll see what other kinds of applications they run from that and there's also the health care they announced i believe about a year and a half ago that they were interested in exploring health care as
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a theme in getting into a pilot project that would provide health care to their employees and warehouse across the u.s. that will give them some insight into that industry they've also worked with their cloud based system that's worked closely with health care providers across the nation to speed up diagnostics and then lastly transportation will be a big area for them they've outgrown the u.p.s.'s and fed ex's of the world they're going to run their own transportation system so what does amazon now stand for i mean there's a lot of good in the world it can do but it does have a pretty bad reputation among lots of it does have a better education some ways its corporate culture as you said relentless was the 1st name that is going to call it right of the 2nd name that's because one of jeff bezos key words he wrote in his 1st letter to shareholders relentless focus on the customer it is a driving point relentless and that drives that corporate culture which often demands so much demands a reworking of everything big ideas long working hours and that drives a lot of stress there and that has led to a lot of the friction that we see elsewhere but it does do a lot of good it has the skill to really find solutions in areas like climate in areas like jobs things like that how critical is jeff bezos to all of the companies
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. i mean is the voice in that company right i mean it's him he's the one who coined the term relentless he's one is always stressed customer 1st we are retailers will make the solutions we will blaze forward and he's created that to an extent in his company as well he's tried to trim down on hierarchies really enforce sort of thinking outside the box really sort of forcing the teams will come up with their own solutions and be able to run things on their own the question is when he's not there anymore if he pursues his blue origin space program for example which everyone says is closer to his heart than anything else will amazon really be able to have that core key drive that speaks to his relentlessness now the good question from steve in bisley thank you very much for coming in thanks dan. and for a legit go danish ice cream maker hansen is changing the name of its eskimo icecream boz due to concerns over racism the word is deemed offensive to people in the arctic many greenland is eskimo has a derogatory meaning it's often translated as eat or overall meat the company says
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the term eskimo reminds me of a time of degradation and unjust treat but the brand new day is all piled up to the top of that provides its place. short still tastes great and business with it like.
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combating the corona pandemic. where does research stand. what are scientists learning. background information and news. hour carona updated. 19 special next on d w. this is some next story a stubborn rice farmer from thailand. his problem tests. his
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credo no chemicals. his wife thought i was crazy. and i blocked up. step. by. step. the students. don't stand in. the street and he has the finest and production to top it off. training success. starts july 27th. how does a virus spread. why do we have it and. just through the tactics of
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a weekly radio show it's called spectrum if you would like any information on the coronavirus or any other science topic you should really check out our podcast you know where you get your podcast and also find us at. science. sweden opted against a lockdown when it came to measures against spreading coke 19 ups of us watched the country closely to see whether enough of the population would eventually become immune to the disease. the strategy has obviously led to one of the highest per capita death tolls in europe calling into question the scandinavian countries decision. 6 months into the pandemic it's still unclear when those infected with the coronavirus really.

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