tv World Stories Deutsche Welle October 20, 2020 8:15pm-8:30pm CEST
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hope the mission will help them learn more about how planets formed. some stuff all right but does it for real a long rocket in berlin your business headlines are coming up next and i hope to see the games for. every day. for us and for our politics. lead mind you this is on its way to bring you more conservation. how do we make cities screener how can we protect animals and their habitats what to do the least. we can make a difference for choosing reforestation through deforestation recycling or
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disposable smart new solutions to the 1st city no one wants to see the earth is truly unique and we know that their uniqueness is what allows us to live and survive good morning to you know just be a morning mental soup from global 3000 on day w. and go among. the united states that they will remove through down a from a terrorism blacklist well take a look at the strings attached and how the move could shake the country for economic future. also coming up it's a winning formula ethiopian farmers are gaining international i claim for their superior plans it's all coffee. and venetian glass blowers in morocco are hoping character ancient art and withstand turbulent times. of business i'm kate ferguson
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welcome to the show. the united states says it will remove sudan from a list of state sponsors of terrorism on condition that country pays $335000000.00 to american victims and their families the move could prove a major boost for the sudanese economy and they bring the country to access foreign loans and investments many in the capital khartoum see moves by the u.s. to ease tensions as a great opportunity for sudan the north african nation status as a state sponsor of terrorism meant sudan was isolated internationally and margin in economic slump because of tough u.s. sanctions now it has become much easier for international companies and banks to resume doing business in sudan. the very important step that sudan has been waiting for for a long time it's negatively affected sudan and it is reflected in the citizen salary that the thing that is. we are optimistic about this decision as
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a kid sudan a new horizon an awakening pushes us forward and we must take this decision into consideration not commit any mistakes. the sudanese government can again access aid from organizations like the international monetary fund that's positive news for khartoum after lengthy negotiations. you know what we have accomplished today in a continuous dialogue with a group of experts who have been in dialogue and discussion with the american administration for more than a year that we were able to reduce the sanctions from 10000000000 or more to a few 100000000. that you know. to get itself off the list of state sponsors of terrorism sudan had to pay $335000000.00 in compensation to u.s. victims of militant attacks sudan's finance ministry says the transfer has already
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been made. let's go to ethiopia now a country whose agricultural sector has been badly hit by both a recent plague of locusts and the coronavirus on demick one industry though is bucking the trend thanks in part to a major competition that's drawn international attention to the country's many varieties of coffee. these coffee beans constitute a very promising investment they one coffee farmers get made it easy opie is much coveted cup of excellence award has beans prevailed against nearly 1500 other participants with jury members from 17 different countries. no wonder his beans are attracting international interest. you know. the oh my god he did and it was kind of hard to coffees from all over ethiopia. then after much investigation one. but then recently in london and one cup of my
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car was sold for 5040 euros or a lot of thank you both a liar vice people to taste my coffee as opposed to learning about it from hearsay it's like that. fits coffee of the highest quality for which connoisseurs and experts worldwide are prepared to pay incredible. ices for in chester men who runs the future ethiopia value chain activity a project for the u.s. aid organization it's a chance to counter falling prices for coffee worldwide international competitions could help to secure sustainable income for coffee farmers. a commodity price for coffee across the world is in a very critical level and the whole sustainability of coffee production at smallholder level is being questioned this provides farmers with an access to the market and a voice. that wants to increase the yield from his coffee farm in the coming years
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and then sell significantly more coffee abroad at the right price of course. time now to take a look at some of the other global business stories making news. the u.s. has filed a landmark lawsuit against google it alleges that the tech giant has been abusing its dominance in online searches to fend off rivals is the u.s. government's most significant to protect competition since its groundbreaking case against microsoft more than 20 years ago. china is creating new billionaires at a record pace despite the pandemic the guru in china rich list 2020 shows more wealth was created this year than in the previous 5 years combined the total wealth of those on the list total to 4 trillion dollars that's more than germany's on you will she d.p. . chinese right hailing from d.d. 2 thing is preparing to go public in hong kong the i.p.o.
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is planned for next year and could raise over $60000000000.00 it would also replace plans to list in new york as the u.s. china relationship becomes increasingly strained box of biotechnology investment giant softbank alibaba tencent. arlen's could be in for more economic hardship as the country enters a 6 week lockdown in a bid to control the spread of the coronavirus under the new rules old non-essential businesses will be forced to close people will only be allowed to move within 5 kilometers of their homes. us chip maker intel is selling it and the memory storage business says korean chip money factor in a deal is worth $9000000000.00 and follows a recent sale of intel's smartphone modem business to the. swiss bank u.b.s. have doubled its profits and the 3rd quarter most of the growth came from
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investment banking the figures suggest that the lender has recovered strongly from the coronavirus after posting an 11 percent drop in profit and the last quarter. the bank is by far the world's biggest asset manager with almost $2.00 trillion dollars under management. earlier we asked our financial correspondent chelsea delaney to explain why some sectors of the banking industry seem to be weathering the demick so well the doomsday predictions for the banking sector haven't really panned out but we have seen a big divergence among banks banks that are very focused on high net worth clients and the wealthy like u.b.s. have been doing very well some are even seeing record quarters as they see really large increases in entreating activity and asset management income but others that are more focused on consumers on the retail banking on smaller businesses are really under pressure right now that would be i think like wells fargo in the u.s.
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or here in germany those are likely to see more pressure going forward as more and more people start to default on loans on mortgages things like that as government support starts to run out. now the head of the bank of england andrew bailey has warned that the u.k. say says an on president at a level of economic uncertainty his comments come as talks to clinch a post trade deal with the european union stole at a crucial moment a lot is at stake almost hostile of all british imports come from the e.u. and around 46 percent of all british exports go to the e.u. making the bloc britain's most important trading partner if no agreement is reached by the time the so-called transition period ends on december 31st that relationship would get a whole lot more complicated both sides and i talking openly about the possibility of no deal being done the u.k.
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in particular appears to have accepted the fact that it will not get a trade agreement similar to the one the e.u. has with canada here's what cabinet minister michael gove had to say about the us we have to conclude a kind of a stall free trade agreement before the transition period ends on the 30th of december this year but as things stand that will not happen we remain absolutely committed to securing the f.d.a. but there does need to be a fundamental change in approach from the e.u. if the process is to get back on track. our next report brings us to venice is famed the center of glass blowing around 0 the island in the venice lagoon depends heavily on tourism but visitors have dried up because of the pandemic now they are says and are hoping they can hold out until the crisis comes to an end. these days only one furnace is still blazing in the vineyard glassworks in murano as
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a summer of the tolleson his apprentice are addicts in the art of glass blowing normally tourists flock to murano to watch these blobs of molten glass being transformed into pitchers and vases but with the coronavirus few are coming to buy the creations. of the normally we'd have 252300 visitors a day at this time of year so look at it now this practically no one thought you were still for that we're not used to the silence it's frightening but we're told that. before the pandemic there were 8 workers in each furnace but since march the company's earnings have fallen by 80 percent keeping a furnace going costs $10000.00 euros a month during italy's lockdown more honest workers got state aid but now most of them are on reduced hours and they're worried things will get worse because they don't think if this doesn't get solved quickly many of us will have to leave forever we hope they'll be a solution soon for us all by bright. morano
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a series of islands in the venice lagoon is famed for its glass blowing today it's done by around 250 workshops some of the may have to shut down tourist numbers have plummeted and residents fear for the future. morano is perishing. if i says he took the words right out of my mouth is that the man he was a master glassblower for 40 years and this was a happy island and everyone is all now freed sarah and us old seal it i think a solution would be to pay subsidies to the glass blowers you know what it is is a cultural heritage that we need to maintain but the monocle duality lamontagne all . 'd nation glassblowers have passed on the secrets of their forms and colors from generation to generation for centuries now those secrets are in danger of disappearing it is god the loss of rights or so on the current situation that is that an art with
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a nearly 1000 year history is slowly vanishing but unfortunately it costs money to keep the tradition alive on a more on those glass blowers are trying to hold out until the crisis and continuing to form their molten glass as they've done for centuries. and not fall for me in the business team here in berlin you can get more on our website dot com with us you can check us out on social media as well from me by.
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