tv Frag den Lesch Deutsche Welle September 4, 2020 6:15pm-6:31pm CEST
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that's all from me on the news james k. ferguson as the business. don't forget you can step today pull the news on the websites that's. on twitter on instagram to have a list. of the. like . ordway a mug or just love was sued for the russians so. so many different walks of life. some are pumping and oddly tried
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almost come straight from the heart just want to see if you can hold it in the morning delusion the mush cool in trying to come. from the food of the law to their final resting place the russians d.w. documentary. it's 90 percent country but could north stream 2 have to say dad and germany is preparing to receive russian guns but some toilet tissue they want the pipeline project stopped over the poisoning a prominent kremlin critic alexina of all names. also coming up smartphone dealers in rwanda struggle to do business that their supply of parts from china dries up. the future is electric. we take you to the source of
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the paris swedish company is a new concept. this is business i'm kate ferguson thanks so much for joining me the face of a pipeline that's to deliver russian natural gas to europe is in question significant opposition from eastern european countries the united states has already seen work in the baltic sea frozen with a pipeline 90 percent complete now the poisoning of prominent cramming critic alexina volley has prompted some german politicians to call for the project to be scrapped entirely. earlier we spoke to energy economist claudia can 1st who gave us her take on whether north stream 2 could be consuls and whether western countries could impose more sanctions on russia over the case of alexei navalny well it's becoming more and more likely that the pipeline might be completely stopped for the
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last few metres we have to say 1st the americans did everything possible to stop the pipeline construction and now the serious geopolitical crowds calling calling also for sanctions against russia we see germany will probably have but little interests and stopping the pipeline now because it could also harm the german companies so to me it's more likely that other sanctions might be imposed but the discussion about stopping the construction of right now is good good and right . to rwanda now where the pandemic is having an impact on the telecommunications industry the country relies heavily on china for imports of mobile devices and parts but travel restrictions on supply chain disruptions have left many smartphone dealers struggling to make ends meet. mobile phones are at the heart of every personal or business interaction in london because it's over. yet
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the devices and their accessories are increasingly getting hard to find at affordable cost and spare parts are largely imported from china where percent just flights remain suspended companies like this repair shop feel the impact and we used to buy things and products is really we used to travel a good product using the and very fast but we need to on the on one on some time to give us a fake or daughter to. do or don't which we did not ask and it's taken things to kilograms in flight all the way to invite use there we depressives. increased as a consequence smart one dealers in the country have increased their price to from 15 to 25 percent for fun repairing or even up to 30 percent for spare parts much to the customers regret i want to get on with you know you have the short to
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just not for the indispensable it is a serious problem at equal to both prices have increased when one spots on breaks you keep it hoping to have it repaired when things turn to know your number but the pandemic is far from being over there are no official numbers available but sellers is to made that all of the about 500 smartphone shops in kigali alone 35 percent of gun business. smart robot. hard to layoff puff of his stuff it's mainly through inform resources that he nullified spare parts which he only gets in small quantities to survive stuff and not insured did you know the democrats my business. not to keep on working and dealing. with infections still on the rise it's unclear how long
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run smart can withstand a whole especially commercial flights to and from china to some be possible again moving to ethiopia now where the country has been battling soaring inflation for months now the latest government figures put the rate at 20 percent in august compared to 22 percent the previous month and major locust plague has made the problem or achieved between john here and april the past destroy $1500000.00 hectares of grazing land crops resulting in the loss of thousands of tonnes of cereals weaknesses in the economy has already prompted the world bank to revise this year's growth forecast from 8 per cent to 6.3. for more let's bring into dalai lamas he's editor in chief of the artist standard and joins us today from frankfurt to dilate do you trust these latest inflation numbers i do not trust and i do not think many thier can stress them as well
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because the reality on the ground and the numbers that are being produced by the center suspects all 3 tier are quite have a stark difference between the reality on the ground is so dire that people are queuing for basic needs like rate today so the number could be much higher the economy's getting taking a hit from multiple fronts currently as you've mentioned that including concrete so the numbers are really they don't show what is on the ground. we'll get to the pandemic in a moment but 1st is the government doing anything to tackle this problem not so sentient because the government is currently opined the political crisis that itself has created particularly for the last 2 and half men says there has been consistent protests is instability and then suppression of protests by government
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forces and or so attacks on minorities in some parts of formatted to nothing to date for a singer popular singer so they kind of me sort of they kind of me has taken the backseat the government's agenda and they are dealing with this acute political crisis as we speak and meanwhile of course ethiopia has has also been hit by covert 19 how has the economy been fairing generally during the pandemic when you know if you see him an economy it's really nice on the service industry the service industry the hotels you know tourism. and all this particularly the hotel industry as if you look at is the seat of the african union and other major institutions so there is a big conference tourism in the country which is completely been obliterated since the outbreak of the pandemic so hotels have now more than $100.00 you know more than 90 percent of. the problems and most of them are getting out of the
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business they're closing down so the service industry that has been a very silly background of this economy has taken a severe hit. the post pandemic so it is affecting thousands of jobs as we speak not an incredibly difficult situation to dalai lama thank you so much thanks for having me. now to some of the other global business stories making news . south africa's ailing state run power company eskom hasa suspended the monitors of 2 power stations it blames for exacerbating breakdowns that led to widespread power outages the firm announced it would reduce power cuts to to know where to mont and improved whether for years eskom has struggled to manage the flight from coal fired plants. german pharmaceutical company cure voc is to receive more than 250000000 euros to develop
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a coronavirus vaccine the german ministry for education research approved the funding care package is among a small number of companies using an r. and a technology experts say it could live rock but inoculation on a larger scale than traditional forms of sox nation. u.s. job growth slowed again in august as many american households find themselves without financial assistance from the government just under 1400000 jobs were added in august about 2 thirds of july's figures. job losses mounted faster in the u.s. than anywhere else at the beginning of the pandemic. there were also supposed to rebound quickly. that's the benefit of a flexible labor market where hiring and firing is easier compared to more regulated economies and often happens fast but the new job numbers give cause for concern. following massive job losses in april hiring picked up in may and june in
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a big way but then slowed in july as coronavirus infections began to rise and now it's slowed once again in august. the question now is when the labor market will find those jobs again with the u.s. still struggling to control virus outbreaks. the new figures also add to the pressure on congress to extend federal benefits that expired in july a $600.00 weekly unemployment supplement was supposed to keep families afloat as the labor market recovered but a full recovery now looks like it could be years away the future of transport is electric at least it is for cars but what about other forms of getting around our next report takes us to lake you cern in such a land where a swedish company is focusing on a new and innovative concept for electric mobility. until now electric boats sacrificed either speed or range because of friction in the water and limits on the
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capacity of electric batteries big batteries make boats heavy but here on lake listening switzerland the swedish boat building company is showing that it can be done the solution if the boat out of the water. the candela 7 is the world's 1st electric powered hydrofoil production but when it's foils lifted out of the water it can hit speeds of 55 kilometers per hour for the nordic li minded that's a respectable 30 knots but even at that speed energy consumption is dramatically reduced. it's just pure electric and the consumption is 15 it's just 50 percent compliance comparing. the foil is massively reduce water friction saving energy and giving the craft a range of up to 90 kilometers per charge the carbon fiber boat is also fitted with sensors and an on board computer using fighter jet technology which adjusts the foil positions $100.00 times per 2nd to prevent rolling and seasickness to run just
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clear so you do not have any way for it being so the boat is not bumping slamming around it's just you really have a quite right. the boat has a price tag of around 250000 euros and the stockholm based company has delivered 16 since last year and next year is said to be even better. and not from a farm or go to our web site e.w. dot com last business we're on facebook and twitter too i mean the team is taking.
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is the job good news a shot coming up today and their chance at the coldest total eradication of mongolian language culture and identity. to you to just that's how one activist describes a new education policy in northern china. is the scene of protests as ethnic mongolians show off position to beijing's plans. and a good deal building in the middle of a friend to make students in india on their no choice but to take college entrance exams despite safety concerns.
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