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tv   Business - News  Deutsche Welle  May 21, 2021 8:15am-8:31am CEST

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iceberg has broken from an ice shelf in and talk to cut. the iceberg is the biggest in the world. the european space agency says it's larger than the spanish island of my oca. scientists believe this plate or carving as it's known was cause naturally rather than as a result of global warming bases data. but these live from berlin. business with chris cobra is coming out for a short break. you can find all that i just coverage and on the, the side between israel m on d w dot com when i was at last at the top of the hour on rebecca richard. ah, people in trucks injured when trying to see the city center more and more refugees are being turned away. families on a tax credit and the rate of people getting $200.00 people
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around the world more than $300000000.00 people are seeking refuge. why? because no one should have to make up your own line w need for mines the the news a rebound for bitcoin, but how long will of less signals of tighter global scrutiny if you take a look at what's behind the wild weeks to occur. also coming up, care of and subsidy disputes have power the transatlantic relationship, the last 2 years. now you're being as us officials seem to be making progress in
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resolving and finding the right place for dicey disposable for doug and containers of hazardous waste. they were for the last part of their way jermel cobra. welcome to the program. the crypto currency world is used to wild weeks, but this one has been wilder than most on may, 9th, less than 2 weeks ago, bitcoin was worth more than $58000.00 us dollars. and just 11 days later it had slipped to below $40000.00. that the loss of one 3rd. now wednesday alone, bitcoin posted its largest one day drop since march last year with losses across the entire kept a currency sector approaching one trillion dollars. now let's take a closer look at this with our markets man in frankfurt. conrad booth and conrad are plans of increase scrutiny. the main main reason for these wild swings that
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we've been seeing and the kept the currency. yes, chris, absolutely. in china, the reserve bank wants to bad financial institutions from trading crypto currencies in the united states to more regulation is likely the treasury, you know, the finance ministry under janet jen and wants to strengthen tax compliance transfers of $10000.00 us dollars or more in bitcoin. should be reported to the i r s, the treasury says, and the rest, of course, is the tax author warranty in the united states, all this, of course, what, you know, put the whole business model of crypto currencies in jeopardy. the whole appeal of criptos for many of its investors has been its lack of control. the idea that you can transfer crypto currencies worldwide without the states or without reserve
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banks knowing about it. conrad are people who say that these wild swings could also be triggered by the growing concerned among investors that the time of chief money could be endings. what's behind that? well, yes, paper tantrum is a word that more and more financial people these days are discussing about and what it means is the concern that soon reserve banks worldwide might be scaling back. they're very generous monetary policies. they're very generous money supply. and this, of course, would make investments in crypto currencies with borrowed money, less attractive in anticipation of this many investors into crypto currencies this week have at least reduced their crypto holdings. and what does all of this mean for future currency projects like facebook for exam? this could actually be good for alternate tips. projects like facebook's di am,
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which used to be called liberal at 1st, but now they call it di and, you know, as facebook is trying very hard to comply with international financial regulations . and with more stake control over crypto currencies. the standing of, you know, more regulated, more transparent crypto currencies, like facebook's times might be strengthened in frankfurt. thank you. you afraid officials met with their us counterparts in a virtual meeting on thursday and both sides made significant progress and a long standing dispute, or aircraft production subsidies and on steel and aluminum terrors to size agreed to open tooth toss, which could end the trump error standoff over these terrorist and i u. s. president
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joe biden is to visit the next month with much of the focus on how the u. s. and the you will deal with the konami wible china and here's my german economy minister peter meyer said after the talks and establishes fence at a good day. and there is a historic window of opportunity to resolve the trade conflicts between the us and europe. step by step in a constructive way and to focus on future challenges out there for gardening. at the same time, as we are seeing this renaissance of european american corporation, we know that to achieve reliable global trade about the inclusion of china is eminently important. but it has to happen with a level playing field, meaning with comparable opportunities for all side level playing field size. mid to the fact like 5 in charleston advertisement. the w brussels correspondent give matters believe the breakthrough is significant,
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even if some hardens remain. many hurdles still remain like the u. s. blocking the world trade organizations court system. but when it comes to tariffs, both sides of it, the pause button with a you temporarily suspending planned increases in tariffs on u. s. goods including holly davids motorcycles and bourbon whiskey. he doesn't use gas matters, reporting from brussels there. now let's take a look at some of the other business stories, making headlights, office sharing start of. we work with lee last more than $2000000000.00 in the 1st quarter of this year. partially due to high costs related to an upcoming star market listed mandatory services, however, has risen significantly and tops free pandemic levels, according to become the mobile congress. the telecom industry is the biggest trade invent will be held in barcelona next month as well. because of 19 pandemic derailed. 2020 a dish. several firms pulled out last year with your rent will be mixed up in
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person and online. expected to draw $30000.00 visitors about a 3rd of free and then attendance. the eu has reached a deal uncovered 1900 certificates designed to open up travel across the 27 nation block. the summer. the free free certificate will take the form of a q, r code on a smartphone or paper, letting or 40 see if a person has received a vaccine. had a recent make this test or had immunity based on recovery. it's been 9 months since a big explosion devastated the port of the 11 east capital bay route. now as part of the plan of the port reconstruction, a delicate delivery has not arrived in germany. almost 60 containers of hazardous waste released by the blast. it couldn't be disposed of in lebanon. the congo ship are more, and he turns heads to the container port of joe hymns often after some 6300
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kilometers at sea. on board 59 containers filled with toxic material from the lebanese port of bay root. the nelson company in northern germany will dispose of it over the next few weeks. it's managing director says they deal with hazardous waste like this every day. there are industrial chemicals and household chemicals like industrial hydro, clark acid, but also nail polish remover toilet cleaner and other substances. they seek out uncontrollably and mixed together. we sorted them according to laboratory analysis and repackaged them upon or losing a lot of noise back on august 2020 a devastating explosion ripped across the port of the route and much of the city the detonation killed, more than 190 people. an injured over $6002.00 large areas of the port and nearby residential areas were completely levels. the conditions that the country's main harbor work had struck huge quantities of toxic and highly flammable substances
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restored without any regard for safety. german experts analyzed the residues with a mo bile laboratory, classified them and then packed them in containers. since they couldn't dispose of the toxins on site, they were sent to germany. initially, the containers will be stored at williams half in the village of v fails. after that, they are toxic contents will be destroyed by using things like high temperature furnaces. odo kramer has founded as citizens initiative. he's afraid of having the toxins so close to the village. he feels badly informed and doesn't believe a landfill is suitable for the poisonous cargo. when our fears are ultimately the missile, promo that's arriving here with so few eric acid, hydro clark acid hydro floor cas it in. so on. what quantities are we talking about is v as even designed for that? are there any floor plans here for extraction systems?
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is the fire department involved is the civil protection involved. and where we asked toxic waste expert man, for exam 10 from greenpeace, he thinks disposal is a good idea. imagine what would have happened if it was left in lebanon. then it's certainly better to have these materials properly evaluated, as they did, than packaged and sent here to be properly disposed of by the 2nd sent on. but john jean also says germany can solve the waste problems of an entire region. the 3000000 euros needed to dispose of this waste came from the port of bay route and the european union and food retail and new army of grocery delivery businesses have benefited from the pandemic to disrupt the traditional supermarket. their arrival could crack the domination of big kings. it's a race against time from this self london depot pickers,
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packages and delivery stuff have 15 minutes to get fresh food to the door of a nearby customer who's ordered via the we the app wheezy like it's london, rivals get here. deja and gorillas stocks, goods from major suppliers and local producers in so called doc stores in town to supply customers at similar prices to convenient stores. at least for new rapid services operate in central london alone. and the trend has taken root in cities across europe. the big challenge that they're facing is around profitability. and i think in order for this model to be viable, they need to scale. and there are a lot of horses in this race at the moment. so i think when we look to the future, we're certainly going to see some consolidation. and these rapid delivery providers might even be a good acquisition target for some of the big markets. of course,
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the pandemic has helped enormously the arrival of the services market demand for convenience. and we'll drive for the next transformation in food retail. but they are likely to replace the weekly food shop because speed comes with a trade off. in order to be so quick, these rapid delivery companies have to offer a vastly reduced product selection, one or 2000 items, compared to around 50000 on the shelves of a traditional supermarket. but for shoppers with a need for speed, anything longer than 15 minutes may seem to slow. and finally, here's a shaggy dog tail for you. a german startup called motors in tars. yeah, that makes high and fashion from dog hair. and it has an interesting supply chain. hundreds of fed owners contribute to the raw material needed motors in tar. yes. has over $500.00 tons of dog rule can be gather each year in europe. it is sorted
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by color before being turned into clothing on the top. fashion is this can expect to pay as much as $120.00 euros for a half or a scar. would you look at that? and here's a reminder of our top story for you to see. our big con rallied a little before thursdays, close following a dramatic cell earlier in the week. that's how they put the currency in a 3rd of its value for them to come back has already installed in early friday. thanks for watching. never something successful. the outdated medical infrastructure, overwhelmed intensive care unit in romania. this is less to hospital fires with the deadly consequences the doctor diana. but she got lost her father in one of them. now she's fighting to improve her countries health care system
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focus on europe. next we've got some hot tips for your bucket led the magic corner, check, spots perfectly. and some great culture memorials to boot w travel. we go on the news. hello and welcome to focus on europe. i am laura babylon. la. thanks for joining us today. coven 19 vaccines are giving people here in europe. hope that a return to normality is soon within reach. the corona virus pandemic has put an
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unprecedented strain on doctors and nurses on some parts of the continent. the pressure in hospital wards, in.

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