tv Frag den Lesch Deutsche Welle July 8, 2021 6:15pm-6:31pm CEST
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to make sure you to 2020 comes home rather than going to room england have to overcome it. it's really t unbeaten in its last 33 matches. but you can be sure their funds are confident that they do just the that fits your up to date, more world news of the top of the out than facility and has your business update in just have a good day. the news in december 2019 the european council president show me shows embarked on a ground breaking mission. i have a clear door to make europe the 1st time that i turn things on the planet. by the
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25th you members state supported and some persuasion is required. so surprising goes into the very heart of power. supposed to win the game, diplomatic poker, the tree power plays and the lines is behind the scenes of the climate summit starts august. 5th on d, w the ah. german tom akins in the cross hairs again over a mission. you find b, m, w and folks fucking around 875000000 euros, colluding to limit the production of clean and ties. sold for scrap metal, hundreds of kilometers of south africa rail network disappear. we'll try to track down the problem. and europe's executives get all as the to being locked down so
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long. they won't apply to the us to do business. washington doesn't want them. i've been to orland, let's do business. the european commission has fine. german comic is volkswagen and b, m. w for teaming up to keep emissions cleaning technology off the european market. dimer was also part of the scheme but kicked off the ad blue was one of the technologies central to the inquiry. it's a fluid that reduces the bleeding gases and diesel emissions. the says the companies colluded to restrict to the size and dosing of absolute tanks in their models, another finding that the group avoided introducing cleaner particle filters and petrol car models. 5 companies fell under the investigation volkswagen and its subsidiaries portion, audi, also b, m, w, and mercedes parent, dime. lar, the e. you said that what began is legitimate discussions about technical specifications. turned into market coordination that left consumers with fewer
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choices. these common factors illegally colluded to restrict competition in the area of emission clinic technologies for diesel cars. this is the 1st time that the commission finds that corporation on technical elements as opposed to price fixing or market sharing for that matter. and that's to cancel behavior. b m w ad volkswagen have agreed to pay the fines dime lar, escaped penalty because it shared information with the you the scandal puts the industry back in on a welcome but familiar spotlight just as it tries moving forward towards in electric, greener future. the recent emission scandals loom large with litigation and criminal cases still ongoing. worse than any fine is the added damage to reputation
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. well as far as their reputation, the sco motorists keep buying the double use. what i wanted to know was whether that scary sounding fine would actually hurt the auto giant's. his markets men comrade boosted a fine of 875000000 euros. that's not a large amount compared to the 10s of billions of dollars. that, for example, folks had to pay in the diesel cheating scandal in the united states. still this decision now is significant. the you anti trust people are saying that not only price rigging can be illegal behavior in terms of anti trust law, or my could be my cation agreements, which could be illegal, but also agreement among carmakers on how big the tanks are, that they all plan to implement in their models, agreements about this can represent an illegal model politic behavior. according to the you anti trust people, folks logon is considering challenging this decision. it says that
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a certain amount of corporation in technical question is necessary for the car makers. and that this is what fruitful and prosperous a car industry needs. old fox all says it's going green. it aims to become a purely electric brand here in europe by 2028. become acre is also going to launch and all electric vehicle inspired by the 1970s opal manta on the other info we've got is that the car will be available mid decade of electric deadline for 2 years before a long time rival ford. it's promised to electrify a passenger car line up in europe by 2030 some funny business. it was going on during lockdown in south africa. hundreds of kilometers a railroad track and station facilities were pilfered and sold for scrap metal economist se the 5th disco tailed up to one percent of growth. the economy is buckling under the strain of the covert crisis and rampant unemployment. this used
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to be a busy railway station in downtown johannesburg. but like many of those in africa's most developed economy, it's been laid waste during the countries extensive loc downs. i'm 20 years old amir by the railway station. i'm trying to look for some scrap met, says, so i can find something to it. but it does go really bad. so if maybe there were some jobs because now the train station is destroyed and picking up grab med, says no jobs. if any train station says no jobs anymore, no more train moving. so i'm just picking up script matches to get some deem to each. the looting began, soon after the government implemented one of the world's strictest corona virus loc downs, with thieves taking advantage of unused and on staff train stations. analyst estimate
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the total loss is to come to over $20000000000.00 euros. and the state plans to return only critical transport routes to service for now. government in south africa is committed to ensuring that we have deleted the railway infrastructure. we have set aside 5000000000 euros to fix all the damages of fift, in vandalism. that we see which we attribute to economics of a touch business is facing immense knock on effects after having to abandon rail transport just to move their goods. companies also have to cope with personnel challenges. this has a huge impact on us at the moment. we need to use more expensive transport to deliver the goods and work as a struggling to get to work on time. they can't even use the trains to get here. they're really struggling. despite plans to remedy the situation, the looting could easily continue a pace. if i may not be a station,
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but what's a use netflix? they're entering stations and they do not give us jobs because it's just the station. it's just going to get destroyed that game exactly. how much of the infrastructure has been lost, remains unclear, but with unemployment over 32 percent. there's no quick fix and it'll be sometime before the trains can run again. journalist philip the width joins us now. philip, you reckon this is got less to do with the cova crisis and more to do with regulatory failure coverage presented the opportunity to train to training the stations were standing idle, but security was withdrawn from the stations. policing was redirected in a fashion which allowed it, and the really wasn't any oversight ultimately. so by the time the authorities realize the pieces of track were being stolen, it was almost too late. and then on an ongoing basis,
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those they've continued with very little intervention. so at every level, the management of this infrastructure failed and they're failing, the south african people, i mean, who's this impacting people obviously want to catch a train from time to time to they do. but these lines in the stations are used by the poorer section of working south africa. these are not middle class people. these are not rich people who use the trains as you may find in europe and elsewhere. these are poor people who pushed to the peripheries of cities during apartheid and to no need to commute into work and have lost this opportunity to do so viral. so they're now being pushed to often more expensive forms of transport and sometimes more dangerous forms of transport, such as many bus taxi. so it is really the poorer south africans who are suffering most. and it's hard enough to find work right now and made even harder, i guess if you can travel those long distances. what about the long term impact on, on the economy which, which i mentioned before. there's
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a lot of discussion about the rehabilitation of this network about how the infrastructure will be rebuilt. when we look at the, at the budgets they simply isn't the kind of money the pandemic has really empty the coffers around south africa. on a provincial level, on a national level, they really just isn't that amount of money necessary available for this necessary rehabilitation? and we don't think that it will be a high spending priority as we not enter into a 3rd wave of the pandemic. so you know, p p e and social safety nets will likely take parity. so we'll take a very long time before we see a returned to service on, on those lines. you heard it from, from the wet journalist for his based in job bug. right? to get that update on the situation now quick look at some other business stories making headlines. but european central bank has set a new inflation target to just under 2 percent. it follows the e. c, b biggest overall in its history. one of the main changes being that the central
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bank will consider climate change and it's policy decisions. a report by british oil major b p shows global carbon emissions fell the most in over 75 years. last year. crude oil demand fell by about 9 percent during the pandemic. while renewable searched b p says the world still needs tangible action to hit you win back on the goals and see if they lead the way. frances economy grew twice as fast as expected. in the 2nd quarter, it was last been driven by the services sector, which benefited from an easing of restrictions in midnight. the central bank is expecting over both of just under 6 percent this year, if the country withstands a full wave of cobra infections. and type one is in basing of a $5000000000.00 to encourage more companies to invest at home. many firms operating in mainland china have been returning to the island to avoid tax imposed
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as part of bay. james travel with the united states of the us, toby restrictions could be putting european businesses at a disadvantage on the other side of the atlantic. despite all the breakthroughs we've made on the digital front business leaders argue that they still need actual face time and need to be able to travel. so after the vaccine rollout has gathered, pays and most developed economies. giving reason to brussels, to lift travel restrictions for us citizens last month. but washington is yet to reciprocate you citizens. i still blocked from travel to the us. that has left your can business leaders protesting. it hinders us to do the business the way we are used to starting with service. we have to supply to our machines where we need specialists from germany to be sent over to the us. and definitely by creating new business,
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visiting our customers and discussing complex technical issues. for the last 16 months, europeans haven't been able to travel to the us without restrictions. us authorities can issue waivers for critical business travelers, but the exception to the rule, israeli, the solution but that is time consuming is full rock receive and most the time you meet even an invitation lead up from your customers or potential customers. and they are very hesitant to do that because they don't know what they are dealing with. uncertainty has rained during the pandemic. and for europe in business travelers to the us, the end doesn't appear to be in sight. and just briefly in may, german exports have risen for 13 months in a row, but they've lost momentum. exports rising slightly by point 3 percent from the months, according to official figures on demand signed for the 1st time of the year. the
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global economic recovery started mid fee as of new cars at variance. the pandemic continues to pummel europe's largest economy. and a reminder of our top story this our european commission has find german comic. it's both fighting and b and w for colluding to keep emissions cleaning technology in the european market. i think business, i think the can you hear me now? yes, we are in germantown, we bring you to a mac or and you've never had before. right? just so what is, who is the medical really want me to talk to people who follows along the way.
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myers and critic join us for the women in asia. i me for the role of money and i mentioned on the voices, the only way i can be on top is to my own empire, the story. ah, this weekend on d w. the business need a show coming up today. it's been called one or 2 cars. was environmental disasters, hundreds of animals on washing up dead on the countries beaches every week after shift thank of the cost. the government say it's too early to draw conclusions, but conservationist, sounding the alarm, plus the long road to recovery after the deadly 2nd wave of the pandemic coral,
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