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tv   Business - News  Deutsche Welle  January 22, 2021 7:15am-7:31am CET

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dropped out of a helicopter 2 and a half kilometers above kids group and executed a world 1st flight sweeping down the course known as the strike they reached beach up to 250 kilometers per hour just take a look. that's it from v.w. news i'm terry martin thanks for watching. it's about billions. it's about power. it's about the foundation of the new world order the new silk road. china wants to expand its influence with this trade network. but in europe there's a sharp warning whenever accept money from the new super power will become dependent on the conditions of the state. the chinese state has
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a lot of money at its disposal. and that's how it's expanding surging its status and position in the world. china's gateway to europe. starts feb 19th w. . they change at the top in washington president joe biden moves swiftly to reverse his criticisms policies but will he be able to bring back the economy to where it was one year ago going to do a former u.s. labor secretary robert reich also coming up he phoned me just from 400000 seafarers on their ships could priority coded vaccinations help them get out of their cars trucks and cleaning out your closet during the pens i make to show you. discarded
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shirts or shorts turned into something more useful. time for sculpture and bill and welcome to the program since his wednesday inauguration u.s. president joe biden assigned a draft of executive orders reversing many of the policies of his freezes these include restoring ties to the world trade organization and returning the united states to the paris climate accord mr biden says his key priority is reforming the u.s. economy which has been devastated by the pandemic with unemployment soaring latest figures show nearly 1000000 americans filed for cations for unemployment benefits last week that's down slightly from the week before but still well above the single worst week of the great recession. among president biden's plans as a $1.00 trillion dollars stimulus earlier v.w. asked former u.s. labor secretary robert reich if that was enough i believe we need to reach deeper
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and farther and be bolder in terms of restructuring the economy creating a brand new economy in many sectors if we're talking about green technologies wind turbines and solar panels and the rest if we're talking about medical technologies the importance of changing our health care system and we're talking about education that is not just a matter of technology but a matter of restructuring our educational system all of that requires fundamental change and also fundamental reform and i believe the by demonstration needs to be as bold as is possible. former u.s. labor secretary robert reich speaking there now leaders in washington and brussels say they want to mend their bad relationship but an issue that defined the trump iraq could quickly get in the way of the transatlantic reunion that issue being china the new biden administration 10 up to help the push back against what they
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say are china's unfair trade practices but can europe risk eleni china here's our financial correspondent shells to delay me on the expectations of european markets from trading floors to corporate boardrooms hopes are sky high for the newly inaugurated u.s. president traders hope that joe biden and his democratic led congress will unleash trillions of dollars worth of stimulus and for an economic boom that will set off a buying spree of european goods businesses and officials in brussels meanwhile hope that the era of twitter diplomacy and trade wars are in the past on the 1st day. i address them proposal to the new u.s. president elect built a new home didn't. children europe for america and for a better world. european stocks have been riding high on the wave of optimism with
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the records being set across the continent some spines november election victory but are markets getting ahead of themselves the fate of europe's relationship with the new u.s. administration is likely going to be defined by a very trying to be an issue china biden wants to enlist the help and pushing back against china's trade tactics but europe has been less willing to court conflict with china and december the e.u. signed a landmark investment pact with china despite a plea by biden to hold back until his presidency was in full swing. the e.u. is in a very tough spot many european leaders do share the u.s. concerns about china's economic policies and its human rights violations but by picking sides in the u.s. try to debate europe risks potentially alienating crucial sources of investment and trade. well the u.s. remains europe's largest trading partner and 2019 early data from last year showed
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china on course to overtake the u.s. for the top spot. washington may be celebrating a new era but that doesn't change the global backdrop of the world economy is being shaped by the battle between china and america for supremacy and europe is caught in the middle. it will take more than just a fresh face in the white house to change that. is to the high seas now cargo ships are essential to world trade but spare a thought for the crews that operate them particularly in times like these because since the pandemic began many sailors have been stuck and corn seen on their vessels they can't go home and they're not being paid the international crew change system is in crisis now the dire situation applies to around 400000 seafarers worldwide according to the international chamber of shipping the number could be as high as 1000000 soon the international labor organization ruled in december that
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many governments have disregarded basic seafarers rights by violating the maritime labor convention of 2006 that guarantees them the right to access to health care to return home as well as annual and shore leave now the international chamber of shipping is demanding that seafarers receive priority covert 19 vaccinations so they can finally leave the misery of last year behind them now for more on this let's bring in my ashley guest housing goot she's the head of the maritime section at the very labor union here in germany will come. it is a dire situation have there been any improvements since the international labor union said last year that seafarers rights were being violated here. good morning and indeed it is a very dire situation and unfortunately with the imagine it's
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a new alliance of coping that we have set to see some governments and moving away from the progress make us here and reverting to old patterns that means both a lot of close as stable fly connections again becoming a barrier to successful coup changed and out of this country he contributes negatively to the difficult situation to see for us so see if i was the human rights continue to be at risk some see if i was a stand on i'd like to leave the ship and continue to work on the quest labor law conditions. the. international chamber of shipping says priority of vaccinations against a coronavirus would help seafarers get out of this situation do you agree unfortunately it's not that easy so with the appearance of new room are contained just strains that a key is it appears clear that getting on top of the virus will require more than this that he will not have a vaccine but we must must do all of our best efforts to stop it splats and make
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the changes we need for our society to survive the covert area to secure our essential chait so for example see for us need to be recognised as key workers globally granting them the respect of right to travel and transit without an unnecessary restrictions. and for this finery to become reality what needs to that new technologies give us all which he sent implies confidence that see for us who are passing through a narrow boarding a ship a covert fleet so different issues at stake here obviously if we stick with the vaccination program i mean there there is the issue that you need 2 shots in order to reach immunity and that you know if it's seafarers travelling the world that's an extra problem isn't it. well indeed it is it's a complicated issue and actually we're seeing too much in trend so one is that they're largely responsible employers who are making crude change check then when and wherever possible and also included the endeavor to make us a nation of 8 of them to see ferrets especially looking at hutch and sure 2 shots
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but we also seem to feed him and a few quick change among some of the smallest of phone us we think they can get away with and see for us on board for many months beyond the contract so even beyond the 11 month maximum louts and the mega 10 level convention so as you mention that go as far as i was censured for the global trade so apart from the human dignity the current situation threatens the functioning of global supply chain and global economies and we are calling on every and every company and every company that is relying on global shipping to recognize the responsibility and use day when friends to demand that governments open of august to see for us before this crisis gets any worse my ass because i was in good of the very labor union here in germany thank you for your insights thank you. time now for a look at some of the other business stories making news
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a trio of chinese telecoms companies that were delisted from the new york stock exchange have demanded the decision be reversed following an executive order from former president donald trump the new york stock exchange delisted china unicom china mobile and china telecom on january the 7th journal i looked on as i says it is losing a 1000000 euros every 2 hours as a result of the decline in global travel the stark statistic comes on the day that dutch airline k. alam announced it would be shedding up to $1000.00 jobs over the related distractions have left several airlines on the brink of collapse tesla has got the green light to build an electric battery factory just outside of berlin and will be set up here is soon to be completed electric car plant where production is due to begin in july tesla c.e.o. elon musk says the german battery plant will be the biggest of its kind in the world. a lockdown measures have been a disaster to many economic sectors including the fashion industry by the end of
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winter half a 1000000000 pieces of apparel could have gone on sold that statement came from the berlin fashion week taking place digitally does year but these share these shirts and shorts won't end up in an old clothes container just yet. the coronavirus pandemic lock down time to get rid of clothes. this one or that one right the 2nd spatter that yes. it costs you one of a lot of effort she wants to sell some of her clothes and donate others. as the 2 gotten so i hopefully ever sort out old clothes i don't buy things because i've run out i just buy because i think they look nice i still wear all of it and enjoy clothes shopping some fashion retailers are now hoping that lots of people will sort out their old clothes during the corona pandemic and buy new ones but in
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collection points for used clothes like here in the berlin textile port a steady stream of textiles has been a riving since the 1st walk down every german sorts out an average of 15 kilos of old clothing per year much of it is damaged dirty inferior quality or not appropriate for the needy they could be turned into rags or clothes hangers they're made out of things that couldn't be used otherwise. for a while now the chemical engineers been making clothes hangers out of these otherwise useless textiles that she gets here in the harbor we take it from them but we also work with sun fashion brands that may have defected goods overturned goods that they cannot sell we connect it and then turn it into a material which is basically a alternative to plastic so by this we sell to environmental problems at once. he
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is dell looking for investors for her startup she wants to use these low quality textiles with a high plastic content to produce furniture. and that's our show if you want more news and background information here our website at d w dot com slash posts i'm chris cuomo thanks for watching every self a successful. she call. a game day in the middle of the week to close down the 1st half of the season . labor costs and took down dog their 1st win in 5 games. shy of the last against a long letter to a bitter 1st half of the season. w. . what secrets lie behind those walls. discover
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new adventures in the 360 degree. and explore fascinating world heritage sites. w world heritage 368 get kidnapped now. the 1st half of the season is done and who is top of the table by immunity of course.

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