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tv   Business - News  Deutsche Welle  August 3, 2020 8:15pm-8:30pm CEST

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the report could spark a big debate on the subject. and that does it for us says stephen variously is up next with business i hope to see you again tomorrow for someone else. i'm secure in the by. not hard and in the end this is a me you're not allowed to stay here and more we will send you that. are you familiar with this. with the smugglers with lions and. what's your story ready ready. i'm working on was a women especially in victims of violence and take part and send us your story we
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are trying in all ways to understand this new culture. you are not a visitor nothing yet you want to become citizens. in full migrants your platform for reliable information. for head spinning past few days for one of the world's most popular apps chinese own tick tock is now hoping microsoft will purchase the business in the u.s. after the american government threatens a ban. was on the show kenya airways resumes international flights after a pause due to the pandemic in the troubled flyer they'll dig itself out of a financial hole. welcome to the show observing beers in berlin it's good to have you with us microsoft says it's in talks to buy the u.s. business of. social media platform tick-tock the american software giant which owns
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linked in but which is focused in recent years more business applications like cloud computing hopes to seal a deal by the middle of september fired its push or the heightened tensions between the u.s. and china. office life today would be unthinkable without microsoft word and excel but so far the world's leading software producer hasn't had a social media hit among young people that however could be about to change. president donald trump is giving chinese own social media platform tick-tock 45 days to sell its u.s. business a chance for microsoft 2 8 3 2 2 4 8 9. tick-tock is an internationally successful social video platform that allows users to upload edit and mima 5 short clips and watch clips created by others available worldwide it's owned by chinese company bite dance that's a problem for the u.s.
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government trump wants to curb beijing's influence in the united states along with other chinese companies bite downs is under pressure but china isn't backing down. or look or you move on we call on some individuals in the u.s. to listen carefully to the voices of the international community to provide an open and fair environment for each market and its investments in operations in the u.s. to stop politicizing economic and trade issues to stop abusing the concept of national security to promote discriminatory policies at how to. in beijing residents are you surprised that an app has been dragged into a fight between politicians. did of our show that i think it's because the united states china relationship has really deteriorated recently. we use many apps and softwares that were developed by the u.s. to take talk has been successfully gaining many users around the world but i didn't
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expect that due to political reasons this could affect the economy and even after users personally their agencies. so far microsoft successful ventures into the world of social media have been limited to linked in platform full career professionals but this deal with tic talk could give microsoft a knowledge of market share with the younger millennialism generations ahead with pressure from the u.s. government on tech talk microsoft says it's looking to purchase the american business operations by september the 15th. and let's talk more about this with chelsea delaney from the business she could have you on the show we know that there's been a lot of heightened rhetoric in the past few years between the u.s. and china especially as it relates to businesses as well should we believe that this is part of the heightened rhetoric or is there evidence that there should be concerns frankly about tech talks relationship to china there's no evidence so there's really no hard hard data no evidence that shows that. that tech talk has
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been giving to the chinese authorities but what a lot of what the u.s. administration is saying and what experts are saying is that it's possible so if you're a chinese company you do have a responsibility you have a legal mandate to hand over data if the government asks you for it so that's definitely part of the concern but you do have to take you know as part of this in this broader backlash and this broader escalation in tensions between the u.s. and china it's not just have talks that's really come under pressure we've also seen this with holway which is the chinese telecom equipment produced. about is also getting a lot of a lot of. criticism from the united states as well so it's certainly part of this bigger escalation in tensions this strikes me as a sale at gunpoint basically the u.s. government saying you know you're not going to exist or do business in the u.s. unless you still can buy debts which owns to talk and get a fair deal with washington looming over the negotiations it's definitely ultimatum
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and we've heard from from both the company and from chinese officials today just how angry they are about this they're saying that this is the u.s. trying to sabotage what's become really the crown jewel for the chinese text obviously has a lot of big tech companies but this is really its 1st big international internationally popular tech companies so the fact the u.s. is basically saying you need to sell to a u.s. company or we're not going to allow you to exist anymore it is certainly being taken quite hard and china today when i think of microsoft i don't think of social media how much of a risk is this for them or is it just upside it's certainly a risky business it is very difficult to make money off of social media we've seen this with with many of the other big social media companies like twitter snap chat or the other predecessors of tech talk like vi and they just really weren't able to make the business side of this work but you know microsoft is a really big company they have a lot of they have
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a lot of money so they do have sort of deep pockets to invest in this company is huge right now they have about 100000000 users in the in the united states so for microsoft it is potentially a big big market for them to be getting into right now all right from linked in the tech talk to seems like quite a departure. business for us thank you very much. kenya's flagship airline on saturday held its 1st international flight since march as the country eases virus restrictions and kenya airways estimates the virus will cost between 40500000000 dollars this year that's forcing the airline to lay off hundreds of workers and seek government support for. the job it was a day of celebration at nairobi's jomo kenyatta international airport after $130.00 days on the ground kenya airways is flying again the airline kicked off the restart
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of international travel with a flight from nairobi to london we are extremely excited. to start this because it's been. it's been 130 days since we we did these. airlines are supposed to fly and so we are back to business with the airline is planning to serve about 30 international destinations for now the restart also means a restart of tourism in kenya a boost for the struggling economy i think it's very important for kenya part of me to be able to fight for an entire country. very important especially where we live in the coast and realize there's a lot of very great or very attendant. with losses mountain dew to the coronavirus the airline has already laid off more than $600.00 employees and will soon be read nationalized this means a return to the air won't be a return to normal for kenyan airways. and let's go now to nairobi and talk to
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correspondent joins during biro joy good to see was always so kenya airways was already in trouble before the pandemic isn't that true. that's a very true thieve and kenya airways troubled started as far back as 20142015 where the deed encourage huge operational costs occasioned by the process of new aircraft or new planes dreamliner as and then there was no demand after these planes will reach really deep deep their revenues and then we did have a little over time and over the years we've had issues to do with a drop in crude oil prices as less as the outbreak of ebola that happened in 3 to keep seeing the deed effect as well revenues for the airline because most of the air traffic in africa also kenya airways comes from west africa and then the other
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half comes from outside of africa a good point there ebola now coronavirus is government renationalisation really the only option for the airlines here it appears seoul from villages latest point of view. say that if kenya airways was to pay back what they owe the creditors then they would have to wind down the airline but as these they've tried different options data restructuring as well and be monish meant strategies have been put in place but the logistically cause a did use the example of ethiopia airlines when coming up with a decision to nationalize or to really nationalize the airlines saying that if you can be airlines who do well being funded by the state then kenya airways as well might as well go the same route and hopefully these school deals revenue but critics say that kenya airways was there before it was privatized so we can't guarantee that this time around he's going to be
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a turnaround with revenue. all right choice arena beer there for us in nairobi thank you very much. well staying in africa zimbabwe is having an especially hard time right now the economy is imploding inflation is exploding it's of more than 700 percent the 2nd highest rate in the world and lock down has cost many people their jobs some resorting to unusual or even illegal ventures just to make ends meet. she used to work at a bank now cynthia food and other everyday items out of her car in a suburb of the capital harare and she's not the only one. then not just at that moment was. diving. into almost 809 and sending it back because of people of the. name to this
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situation is the only way within several companies an agreement with israel. but even you can see if they can get in thank you for hey kids when my needs and give the. most of the goods they sell here have been smuggled over from neighboring south africa with the border has been closed for months zimbabwe's economy is in shambles food is scarce prices are rising rapidly and there's a lack of utilities like electricity gas and water many companies have shut down their production and the coronavirus pandemic has made the situation even worse it's been really like it is it is out. we see in the. streets and we've seen more and more people taking out anything in. the international monetary fund predicts that zimbabwe's economy will shrink by 10 percent this year. h.s.b.c.
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says its pretax profits have plummeted 65 percent in the 1st half of 2020 compared to last year executives blame the coronavirus and spiraling tensions between china and the us. and then base lender does most of its business in asia with china and hong kong driving its growth earlier this year the bank said it will shed some $35000.00 jobs as part of an overhaul to focus on faster growing markets in asia. and that's it for me energies of your team here in berlin to check us out a lot of dot com slash business i'm seeing beardsley thanks for watching.
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journeys through a continent in crisis south america is being hit particularly hard by the coronavirus pandemic poverty. elling health system. and political tension the ideal breeding ground for rapid spread of the virus hardship continues to grow closer. 60 minutes.
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now live. in support of. over. the river. this is due to the news africa on the program today coded 19 is fielding a rise in sexual violence against women in many african countries we'll hear from the women in what's been dubbed the shadow of the current virus ended and will last why abusive men are stepping up their attacks. on.

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