Skip to main content

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

11:15 pm
this year produced to $12000.00 chicks that's 12 times more than the new average conservationists say they have baby who could be linked to france's coronavirus knock down which saw a few of flights take off from nearby penny ampoules. this is day to bring the news live from. first to talk now we chop the president to trump issues an executive order targeting 2 hugely successful chinese ops a benzo and we'll have the latest in this business update in just a moment of the day. what secrets lie behind. discover new adventures in 360 degree. and explore fascinating world heritage sites. w world heritage 360 get kidnapped now. we're all set. to go beyond
11:16 pm
yes. that we're on live. as we take on the world. we're all about the stories that matter to you country. what ever is. no such thing as the. made for mines. a rollercoaster ride or a surgeon sinew coronavirus cases chokes off a proper recovery for the world's biggest economy killing the job market will take up. the u.s. and china coincidence growing digital disputes and executive order targets to chinese success stories to talk and we checked. and what do you get when tourists
11:17 pm
stay away in cape town's case m.t.v. chiz and straight to tourism operators it's survival of the fittest. and ventures all in let's do business u.s. employers added $1760000.00 jobs last month that's much more than analysts had expected unemployment has now fallen from 15 percent at the peak of the pandemic to 10 percent marking a steep decline what is a return to jobs with restrictions lifted of businesses in major cities like new york while some economists are optimistic cases of coronavirus are rising there is no vaccine aside. the report this morning is just another proof point in this roller coaster of an economy that we find ourselves in and we are seeing early signs of recovery we track job demand daily and employers are increasing their demand for new jobs in our country so we're we're on the right path and i think the
11:18 pm
report shows that let's get the view from our wall street correspond against korda is the world's top economy on the right path as we heard there we also had about a roller coaster ride and there's that 2nd wife business. well i mean clearly that is one of the big unknown so what might happen health wise if there might be a 2nd wave coming in fall but even without that we shouldn't forget that the layoffs actually would be much higher without all those billions of dollars that the u.s. government is spending airlines for example have hinted again and again if there won't be you have billions more to support the industry as layoffs will happen and the same is true also for other areas some having that said to sure almost 1800000 jobs within one months that is quiet in the press if but we also shouldn't forget just for the months march and april we lost
11:19 pm
a good 22000000 jobs here in the united states and even if for the 3rd consecutive months there were job gains in the millions we're still shy about 13000000 jobs from it when you compare it to where the u.s. economy and the labor market start in february that is a lot thanks for joining us well stocks took a dive on friday the white house has bet and u.s. transactions with 2 of china's tech sensations. we chat and i dance is video sharing app to talk. 8 9 2 4 ringback music videos on the screen with data espionage in the background that's how u.s. president donald trump sees the popular chinese social media app tick tock he issued an executive order banning u.s. transactions with the apps parent company by dent it's due to take effect in mid september the white house says the app threatens national security by allowing
11:20 pm
beijing to spy on americans china denies the claim saying washington is just upping the ante in the ongoing trade conflict. maybe. the us using national security as an excuse frequently abuses national power and reasonably suppresses companies of other countries this is an outright hedge a monic act and china firmly opposes it. tick tock owner bite down says all the apps data for u.s. based users is stored in the u.s. with a backup in singapore washington's latest move hasn't gone down well with people in china. because i don't agree with this move from the us it restricts free business but also offends those americans who like using ticktock anything about it. i don't want to use american products anymore i will support chinese products instead and support our economic self-reliance. the white house says the ban could
11:21 pm
be avoided if a u.s. company buys the apple software giant microsoft has expressed interest in acquiring ticktock it's confirmed that it's in talks with bite down through another u.s. executive order targets chinese tech giant 10 cent holdings the owner of which at the messaging and social media up which is hugely popular in china could soon also be banned in the united states. i asked analyst craig earl him about the significance of the u.s. banning of we chant well i think it would be significant not necessarily on u.s. consumers because they are still quite limited in number but what the broader ramifications really would be the action of the take and it's not entirely clear but if it if extends for example the scope of you wouldn't be out allowed to download it on an i phone because apple's an american company all on android be hiv has for similar reasons and all of
11:22 pm
a sudden the ramifications become far more severe also i think it's worth noting that any action taken by the u.s. is going to have a response from china so you get you looking at the u.s. tech space and say which u.s. tech companies are in china which u.s. tycoon riza trying to gain greater exposure in china because these are the ones that you old family going to be targeting this is from the chinese perspective going to be seen as an attack on chinese tech companies who want to expand globally and compete with the u.s. so we can expect that is not going to be taken lightly craig let's talk about the chinese perspective because the chinese foreign ministry accuses the u.s. of suppressing foreign companies that's exactly how beijing operates. it is and it's one of these really difficult savvy as well the you can't necessarily argue with the point on data privacy it's become such a hot topic look just here in the in the e.u. now over the last few years the g.d.p.
11:23 pm
everyone has become obsessed with data of what's happening with the data and what it's been used for so it's hard to necessarily disagree on the outside if you think if you believe if the u.s. government and maybe all the governments around the world believe that the chinese regime is going to have access to this day to be able to use this data for purposes that we don't. we don't agree with then it's going to be very difficult to. sell bill from the chinese side you could almost on the political angle as well and there is quite clearly a political angle with this trump has stepped all quite strongly is his is china rhetorical across many ways clued in the current virus but also chinese tech as well the trade war proceeded all of this and how to tackle them into it as well so there is clearly a political angle as well so you can almost on the argument from both sides but you wonder if this is successful and if the u.s. does bomb them and it does make it difficult for american companies to effectively promote these chinese tech firms in other countries follow suit at any tech company
11:24 pm
in china looking to expand that is going to have a very difficult time really briefly how do you see the trade war developing considering these very uncertain times and considering it's now entered this huge new phase during the digital sphere. well the biggest insensitive trade war comes and those present donald trump that realize that if it doesn't then perhaps this starts get pushed into grogan joe biden would act very differently with respect to china even though he has been backed into a corner and forced to adopt a slightly. degenerate oric himself as well if he does get reelected then really the. truly whether this is just a political campaign or whether there is something more to it use technology for technology transfers etc is a key part of the trade talks so 2 i suggest that we could have many more years of the standoff between the world 2 superpowers curriculum thank you very much now to
11:25 pm
some of the other business stories making news chinese exports rose by 7 of the half percent last month in comparison to bust year sales to the us increased despite the trade war with washington and the knock on effects of the coronavirus. and german exports jumped by 15 percent of the month in june economists warn a full recovery is a way off exports are still significantly under prepared and they make levels. tens of thousands of jobs are on the line in cape town drying up of wine tasting tourists is threatening dozens of fans and many more businesses are on the brink as operators turn their hopes to domestic travelers experts say it's going to be survival of the fittest. it's been voted africa's top tourist destination many a time at night numerous destinations around the globe cape town's tourism industry has been hit hard by the pandemic hotels are empty and so you take towns most
11:26 pm
photographed street in the colorful boat company. local talk guide rafik jacobs hasn't welcomed any visitors in 4 months. though the residents enjoy the quiet the economic impact here has been huge. income on the lot of people of the city and so we've been on tourism and you would find that in the having to sell clothes or lost anything just so that they could generate an income. rafique now has to tap into his savings he's one of 90000 cape town hands who could lose their jobs in the tourism sector. south africa is currently experiencing a rapid rise in cave in 1000 cases borders will probably stay closed until december
11:27 pm
or january 2021. to mitigate job losses the tourism industry wants to open business for south african travelers. focus on the domestic market which allows us to also test all the safety protocols we have in place to make sure that not only the international locals are safe as well in their home destinations. for refugees jacobs the way out of the crisis is going digital he wants to offer a virtual walking tour through the neighborhood he knows the experience won't be the same but during the current crisis adaptability is key to survival.
11:28 pm
to the point of strong opinions clear position on the international perspectives. for the time being the coronaviruses it seems chance is tiny with many countries including germany possibly facing a 2nd wave we're all sports exactly how we can seem to find out join me in my guess
11:29 pm
song to the point. to this point. 60 minutes of d w. e tozer the truth from any romance to me to the limits of the book of course the subconscious always a world without beethoven i can't begin to imagine. with me to. start september 16th. the world population is increasing the climate is changing it's getting warmer and there are going to be more and more places where you cannot grow predicts no probs we have to fix this from the way to do that is to use the modern genetic modification methods to make that a crop it is a lot safer than anything we've done by traditional dramatic modification you take
11:30 pm
one to me you know exactly what it is you put it into another plant to look at a map exactly where it's gone. i think we will be able to provide enough food for people by 2050 if we can make crops who grow under so in the arab conditions this will meet a most growing to stability in the food supply that we have at the moment. this is state of the news africa coming up today the troll map off to terra gruesome violence is widespread in english speaking camps route because of the ranging insurgency they will hear from a vixen was trying to heal from the mental damage she suffered a doctor began for 8 and a counselor was helping others like her. and how the coronavirus pandemic is saving
11:31 pm
the lives of endangered animals in south africa but for how long.

16 Views

info Stream Only

Uploaded by TV Archive on