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tv   Business - News  Deutsche Welle  September 8, 2020 8:15am-8:30am CEST

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includes maria kolesnik over who was reportedly abducted on monday she had been leaving mass protests against president alexander lukashenko. you're watching t.w. news spend physically and there is up next with all the latest from business and of course you get all the latest news and information anytime you want on our web site called thanks for watching. beethoven in future years to dig deep doo doo doo doo doo doo doo. the p.p. to. prove me wrong kinds of stolen beethoven. course the subconscious always. coming to mood soon with the biggest composer of all time
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i can't begin to imagine a world class horn player similar just on a musical journey of discovery. with the whole thing to start september 16th on t.w. . no the extreme suit could jump any brief think it's a gas pipeline with russia but it suggests the fate of the project is on the table as europe debates a response to the poisoning of kremlin critic alexander to validate. germany's all important concept it realizes it's time to vocalize but wants money from the government to do the job doesn't deserve it. and filing the ins international airport is set to open next month after years of delays and voting for millions of euro. if you check out the latest drug.
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let's do business. the poisoning of russian opposition leader alexander novelli has questioning the fate of north stream the pipeline project is designed to bring russian gas to europe via germany it's more than 90 percent complete the vast north rim 2 project has already cost 8000000000 euros the german chancellor angela merkel has been a loyal defender of the project even as political ties between moscow and berlin have deteriorated german industry is heavily invested in the project as a rather european allies that's what made the government response to a question about the fate of nord stream so remarkable. is that the chancellor also believes that it's wrong to rule anything out for german opposition party the greens stopping the pipeline is about more than russia. use of hope line by this
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pipeline is dividing europe it's environmentally senseless and oversized and in terms of security policy it's wrong. there was positive news from berlin charity hospital when kremlin critic he was brought out of his coma but german russian relations looks set to remain tense. let's go over to colorado financial correspondent in frankfurt carette ken germany afford to. a bad this project. in terms of energy security there is no problem for germany germany would be able to cover its needs of natural gas with or without the pipeline as russia or gas from the russian gas supplier has a fundamental interest to continue selling gas to germany and western europe they have basically nothing else to sell so without stream to delivery off the gas would continue to happen via ukraine and poland it would be
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a bit more complicated more costly but it's very unlikely that germany you know would be sitting in the cold in winter the political price for abandoning this is a very different matter this is a huge infrastructure project which has been in the making for many years many decades even if it has all the legal paperwork it went through a very tedious political process to give this up now would really be a throwback for europe for the european union's ability to manage business cross border and with different business interests i guess though the message here is that dialogue with putin doesn't have a free. that's true but would making the gas business more difficult cause mr putin to be more inclined for meaningful dialogue remember we have the sanctions in place against russia have they made putin you know more willing to take responsible political action i think many people in the business
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world think that these you know hard core approach this cold war pro choice putin has not been working and should be reconsidered going to get your analysis correct booze in the forests in frankfurt. now to some of the other business stories making news the japanese economy shrank by an annualized rate of 28 percent in the 2nd quarter pushing the country further into its worst recession since the 2nd world war coronavirus restrictions have largely been lifted since then but the economic recovery has been sluggish according to early done for july and august australian regulators say they will examine competition between apple and google app stores and the sharing of data also looking to price transparency the country has developed a tough stance on u.s. tech giants it recently made facebook and google pay for news that its sources locally. china has announced a plan to set global standards on the us security in an effort to counter moves to
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ostracize chinese technology initiative comes amid rising tensions between the 2 on trade and security issues especially in the tech sector. germany's powerful me the chancellor today to discuss state subsidies they want help in writing out the pandemic and modernizing the comic is also want support for their gas guzzlers and diesels that has the drivers of clean a take up in arms politicians say it's immobility and digitise ation way help is needed. its folks factions bread and butter model so when the new gulf was hit with software problems it was a massive headache for the german carmaker it stopped deliveries and recalled all the cars that had already been sold but now v.w. says it's all systems go and that's something the entire german auto industry is hoping for it experienced
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a steep fall in sales during the lockdown months of march april and may but that has now been reversed by july the number of orders had returned to just 2.4 percent below february's levels and with production lines up and running again those orders are rapidly being fulfilled even if july sales are still about 8 percent below preplan demick levels it looks as if germany's auto industry has bounced back rapidly from the coronavirus crisis but analysts say the sectors transition to electric cars will cost thousands of jobs especially among suppliers the 2 biggest global parts makers are german bosch and continental and there are tens of thousands of jobs are in danger german engineering has long been a selling point for a smooth refined combustion engines but germany might not have such a tradition to build on when it comes to electric cars or software. economist
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or supposed joins us the writing has been on the wall for a long time digitization immobility the nothing new and look at the media rise of tesla now the german comic is a holding out their hands for state support why should they be awarded money for realizing so late in the game that they needed to modernize. good morning from cologne i would say it's very important to consider that we have not one automotive industry but several clusters which are very different in their positioning and in their challenges and depending on which cluster company belongs to it it's very important to find the specific help it needs because we have several also have several challenges we have the short run challenge due to corona we have a medium run challenge to an economic downturn on the global car market and we have
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a long run challenge with the technologic technological transition and unfortunately all these challenges combine especially on the small and medium sized companies and therefore we should concentrate on helping these companies should they be given should that cluster of car makers be given aid for the 30 diesels and gas guzzlers the old tech. if you're aiming for. economic boost we have to say that. helping conventional technology is needed because if you focus on electric vehicles these production lines under full power while. the loss of production is centered on the conventional power train therefore if you
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want a short term economic boost you have to consider. helping see it sell it help to help selling conventional cos what about the long term though i know 800000 jobs are at stake here but whatever happened to germany the land of ideas. we have to say that specially the automotive industry is still very competitive in terms of. research and development but certainly the international competitiveness especially from asia and the u.s. . for example are not sleeping and will be a challenge to keep the strong position we have especially if we see that the german automotive industry through the premium sector the competition never sleeps does that economist or suppose therefore thank you very much thank you. he's
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an out right embarrassment the new berlin airport 9 years late and a real money pit let's just hope they get it right this time we checked out the latest test run. it's 103400 volunteers are happy to finally get inside the new terminal even if the coronavirus demands a bit of separation but the miserable microbe can't stop this lot enjoying a day trying out berlin brandenburg airport. an aircraft i'm hooked on traveling so i'm not going to miss a chance like this. i've flown a lot and know the original plans made in 1965 let's see what's left of them and how it's all supposed to work. since july a total of 9000 volunteers have been testing the airport's facilities twice a week the bags all have different weights to make the test as realistic as possible and that's where the problems start for some. don't take that bag where
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you just put it back you take one piece of baggage that is a piece of baggage. that's true. even the tiniest floors are being looked at now when a day's trials are over the extras can volunteer their verdict on it all the opening is planned for the end of october even if the coronavirus could easily scupper it. i was using an extreme slump in passenger numbers down to about 25 percent obviously from an economic point of view that's extremely bad. in terms of going operational having fewer passengers makes some things easier of course but that could all be brought to nothing inside a day or 2. tests include a traffic accident and emergency services response and the airport authority is happy with today's performance even if it's still work in progress things are
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improving all the time and the extras. so far so good except with the bulky baggage the check in lady said go right to both the baggage counter and there wasn't accepting anything so off to. through the whole terminal and all in real time check in and security control is all rather slow. and then fluke often fought with extremely long ways to war will be warming up passengers will be better off in sneakers than in high heels. it's been a long way and taken many years to get to this point but in only 8 weeks' time the 1st aircraft should be departing from berlin's brand new airport.
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systemic exploitation in germany at. the nation's biggest meat processing could. make cheap labor costs more dubious contracts but not. from the practice was banned in the meat industry but other industries will be able to continue regardless. of its contract workers close. on w. . people for information.
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they want to express g.w. on facebook and twitter up today didn't. much follow us. into. producing more faster and for less money that's how turn us became germany's biggest meat processing company and how clemens turned us became a billionaire. but in june 1500 contract workers at the companies afraid of reading a book facility called coronavirus.

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