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tv   World Stories  Deutsche Welle  December 29, 2020 7:15pm-7:30pm CET

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the won't tomorrow. i hope you'd approve of my tie that's it for now we'll have more news at the top of the hour of next is business news i d w and of course you can always visit our website e.w. dot com and follow us on twitter and instagram if you'd have your news my book dropped thanks for watching. i'm secure in the by. not hard and in the end it's a me you're not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers with lions and. what's your story ready. i mean when i was a women especially in victims of violence. take part and send us your story we are
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trying in all ways to understand this new culture. you are not a visitor nothing yet you want to become a citizen. in for migrants your platform for reliable information. to cut. back sedating africa against the coronavirus hopes a huge inoculation drive will get underway by mid 2021 in the meantime you get other ways to develop its own dancing. school working your way through thousands of pages of legal documents british business owners are left baffled by the trade rules with the e.u. . i think you have switching props for something more profitable because of the chinese farmers branching out to make a bigger buck and it's. again for lesser business
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as the vaccination drive gets underway in europe and other parts of the world africa is watching closely experts say the continent needs around $9000000000.00 to import and administer enough doses but it's not only talking to the west and china for help local solutions are appearing on the vaccine front and in other areas too . these young people. have a treasure for the last 18 months they have been building ventilator to support you care system during the pandemic is the radio available material the in uganda would be able to bridge that gap of having to import this expensive equipment at that prototype and. also make a production. the team works and motors uganda's fast and only auto manufacturer their pandemic phoned these young men and women affecting
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their locally made electric bus but they had to switch attention to a much pressing demand of saving life and death a lot of things that and they make us look at us to look bad and making. money you know making our own feel the way we have been awakened. to make our own solution one of those many solutions is a local vaccine the government sees that scientists who have successfully managed previous emerging outbreaks like the virus. a collaboration with global partners to see that uganda can also have its own vaccine already there in one. for. the war or the. sole hope. i think they need to remove through the global alliance in the fight against corby
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1000 called coverts uganda has ordered 1000000 doses expected by the end of may but that can only vaccinate about 2 out of 10 ugandans. the out free exam bank reported last admits that africa needs at least $9000000000.00 to buy dozes and upgrade systems to effectively administer the vote signals. now as the economy is source funds and scientists work hard to suppress the pun dimmick health experts say that the public too must play the part of complying procedures to limits their rising spray the virus. the year end rally continued around the globe this tuesday investors have a lot to be jubilant about the stimulus package from the united states last minute breaks a deal and the rolling out of the 1st vaccinations against the coronavirus things.
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you'd hope. crisis what crisis the german stock market in frankfurt is in record breaking mood at the end of 2020 the blue chip dax index is gained around 4 percent since the start of the year despite the pandemic but what's behind the optimism. that the markets expect that everyone will be vaccinated by the middle of next year. but critics see significant risks many businesses such as love to answer are travel company to eat are only staying afloat thanks to state subsidies if the government were to cut back at short time work allowance many companies could go broke that would lead to mass unemployment as well as bankruptcies for businesses and individuals according to the german institute for economic research. if loans are not repaid the banks could suffer the institute predicts the german economy could lose $400000000000.00 euros by the end
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of the coronavirus pandemic a bill that they say the government alone would be unable to pay. a columnist warned that a negative social and economic mood would then have negative repercussions on the stock market. the outlook for the coming year may be unclear but investors are certainly seeing the silver lining during the dying days of 2020 a correspondent. from the frankfurt stock exchange. there was a sense of optimism on the trading floor behind me traders here are clearly looking beyond the immediate pain caused by the pandemic and are looking forward to the vaccine it they expect that the vaccinations are going to ignite a swift global recovery which could board well for the german economy which is heavily reliant on exports meanwhile in london traders got their 1st opportunity to weigh in on the brics a trade deal and their board it was a bizarre ending approval which sent to the footsie 100 months high well it sounds
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like the british are getting their act together the u.k. announcing earlier today that it signed a trade deal with turkey now we have the me state media says it's signed on to a trade pact that brings the number of post brags that trade deals except with the e.u. to 60 with over 250000000000 euros back home it sounding more and more like a slippery affair for many british businesses they've only got a few more days to adapt to the new brigs rules if they want to continue trading with the european union some owners say the cards stacked against them. peter wood's heels were prized by his customers in germany sweden and lithuania but now he fears his customers will look elsewhere for supply after the new breaks rules come in on january 1st the deal involves the vast amount of paperwork we will produce a doctor and unfortunately customers have also got a raft of documentation to produce to allow the import to go ahead so why buy from
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the u.k. might as well buy for no producer and for us who can deliver to the door no documentation no problem peter wood says he would never have voted for if he knew he was going to insist jump. the british government acknowledges there will be specific challenges but the biggest obstacles are out of the way. working more intensively with business in order to make sure that everyone is ready for the new opportunities and challenges that come off the 1st of january i think business is broadly in a good place but inevitably with any change with any transition there are occasional but. the confederation of british industry wants the government in london to translate the deal which is more than a 1000 pages of legal text into practical guidance for business owners like peter one the clock is ticking. a brief look at some of the other business stories making news the u.s. house of representatives has voted to increase covert relief checks for americans
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to $2000.00 led by the democrats the republican controlled senate is considered the hike or is considering the hike today the party previously blocked increase of the right payments to citizens so it's not certain the bill will pass the spanish prime minister it will sanchez says gross domestic product is likely to fall by over 10 percent this year due to the pandemic saying we are all 10 percent poorer than last year but he ruled out another increase in the minimum wage. a controversial north stream to gas pipeline has been completed in german waters that after a 2.6 kilometer long ocean had been stalled for months by the threat of u.s. sanctions work continues in danish waters altogether the pipeline will cost almost $10000000000.00 euros and transport russian gas to western europe. and e.u. member states say the necessary political backing is in place for an investment
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pact with china it would open the chinese market further to e.u. investors while brussels is set to soften its stance on chinese investments in europe. cannabis used to have a bad rap as an illegal narcotic but recently its reputation has been revived and a growing number of countries are legalizing the drug for recreational and medicinal use the same goes for china where cannabis derived products are becoming popular the state is granting licenses to farmers of the crop joe chung young lives in a village in china's south western union province he's among the 1st crop of the country's new cannabis farmers. i planted 20 had tears in the 1st year but we gradually expanded today i plant 40 had parents of cannabis it brings in a lot more money than other crops. farmers shows business is entirely legal as long as he uses the seeds he receives from the government which contain
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very little of the psychoactive substances t.h.c. and he may only sell it to a licensed company michael one has invested in this type of business he's one of china's cannabis pioneers. people still can see their canopies this i'm a truck industry so you know the my family and those legal in here and they promise some priest do not get involved with chuck business. michael huang's business is fully supervised by narcotics regulators he supplies the seeds to the farmers and buys their crops then he extracts the khanabad dial from the plants we had for his factory but while we're on our way the pony sent him a message he's not allowed to bring foreigners to his factory so far china and our government steal one to one to see the tree to grow slowly and don't get too much attention from around the world i think. that is the one. there is
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a police station right at the entrance of his factory. the officers monitor how much raw material has factory receives and how much can a big dial extract leaves. extracting can of a dial is the trickiest step in the production chain a small amount of t.h.c. build up the police have installed cameras in the plant to ensure that the t.h.c. is destroyed. i will regulate your body understand that i'm the stand the function of canopies and we also want to a support the industry so actually even though we get this chippewa shorey procedure i mean why we have a really good relationship. michael hong mainly produces for export but chinese consumers are starting to discover canada dial products one she cosmetics is one of the firms entering the market they produce skin creams lotions and facial masks which contain the anti inflammatory and soothing and creating it. finally it's
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definitely time for a new year and what better way to celebrate in the lead up to new year's eve then annual good riddance day people in times square have been submitting the things they want to leave behind like financial worries and of course the coronavirus they were shredded and put into this bin yatta. a great way to move on. business with the.
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kick off. goldman's new superstar step on to the stage. hardly any of us want to have this much talent up its sleeve but does this new generation have what it takes. to my fear of success to see a drop. in 60 minutes on d w. most girls who could have. been sure going to pose as
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a duo are going. in support of. what's able. to bring about. this special edition of d. w.'s africa you're best off program focus on what else can toss holding our breath this year that's right and you guessed it it's the coronavirus pandemic now south africa early in the day implemented one of the toughest block sounds in the world what follows accusations that police use heavy handed tactics and binds rather.

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