tv Business - News Deutsche Welle June 28, 2023 11:15pm-11:31pm CEST
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vendor, finally and 28 year old chimpanzee was spend her life in cages testing the sky for the 1st time. that seemed named manila was created with a hug when she came out of her enclosure at a century in florida. she was previously kept in small cages in her research center in new york, her keeper say, vanilla is fond, offer a fellow gems, and sometimes takes food from her companions to learn about all these social conventions that is all for now. stay with us now as chris kolber has all the businesses after a short break. thank you so much for being with us today by the f b i c i a and most of us have been home for 20 years. the funds to a k, a tom lee, the most dangerous times we fund way was sort of the as we say,
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the poster child for the the poor fraction problem assigned to them. and then it is said, no one has ever seen a sold in the side of the superpowers fugitive right now. the world's most dangerous. where is, is wanted dogs june 29th on dw, the a step towards financial stability for a solution surge of a problem. you commission late the ground work for the digital a euro to be accepted as legal tender, and the result will hear from our correspondence of what the benefits are supposed
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to be. also coming in german football powerhouse car munich is ending a sponsorship deal with katara airways. thats had fans up in arms and tell you what's behind that. and vietnam has been a preferred destination for for an investment. and recent years will show you why. and what drawbacks doing business there still have of course cobra, welcome to the program. the european commission published a proposal on when today that would introduce digital legal tens of tender for use within the 20 member ural zone. the digit, the euro is meant to be used along side the existing euro as an additional form of online payment and cannot be converted into cash. unlike crypt occurred and sees it will have the backing of the european central back the commissioner for financial stability moraine. mcginnis cited several reasons for the move to a digital tender one. is that the declining use of cash, but there is also a concern that all the nations will dominate the digital economy. if the you
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doesn't take action so far. and i, jerry of jamaica and several other caribbean nations have fully launch centrally back digital currencies and other $53.00 countries are in the event stages of a roll out, including china, india, japan, and brazil. that's good morning, this from dw correspondence band we got and brussels band. a good to see you. tell us more about why you regulators feel this digital euro is actually necessary. the you commission is says it wants to be part of the game. it feels that it is necessary to have also a digital branch of the your, which is the 2nd biggest currency in the world. and they want to, to fulfill the vicious of consumers that as a survey and consumers say, yes, we want that. and it also grand, some kind of independence of from payment systems like mastercard or visa,
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which are all seated in the united states. all right, you're paying with euro, i'm paying with euro. what are the practical benefits for consumers like you and me and other people within the arizona of those digital you're the paying this is your, the digital yours is a, shall be possible without paying any fees that would work like cash in your pocket . so you don't need the middle and then the payment systems and any more, it would be safe because the value is guaranteed by the european central bank directly. and, and the payments from one small wallet to another small, small bullet, positive without any online connection. so you don't need all the technical stuff, any more bands, a band, including say, just digital euro can be more easily tracked and can be used for surveillance. what do advocates of this digital euro say about that?
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where they say it's the opposite is true because the digital, your books live cache, you don't have so much data involved as if you papers must have caught a visa because there is no name involved. there is no account involved. so you're not leaving much traces and that's why the amount of did you to do, just as yours it can have in the us model, it is limited, actually 2 or 3000 zeros to avoid the of yeah. so there's something, some abuse, and also money laundering, dw corresponding battery got in brussels, bam, thank you. and also some of the other global business stories making news you own. or you may ask for kind of more than half of credit suisse 45000 jobs. so was thinking joined us acquired from arrival in an emergency take over. the bulk of
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the cuts will be reported leave with an investment banking support staff traders and bankers are likely to be most effective. the italian private, assert, georgia maloney has criticized the european central bank for repeatedly raising interest rates, saying and hurts economies more than inflation does. rate increases make it more costly for early to pay off at stats rooms. here's a plan, knife height. next month's could trigger a recession, amazon is planning to raise the entry level wait for logistics, staff, and jeremy to 14 euro is an hour and more depending on the region. the decision by the us retail drive comes as a country wide collective bargaining and a minimum wage increases the res will effect some $20000.00 the german football championed by munich have announced they will not extend their sponsorship deal with tar airways corporation between the doha base their line and
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the german record champions has existed since $1228.00 and reportedly broad buyer and around to $25000000.00 jurors per season. the club has face criticism over the deal with fan groups and supporters, protesting it on human rights crowns the current sponsorship expires. the end of this month. all right, let's talk some more about this with max merrill from the sports max barn. have ended this controversial partnership with guitar ways. why hasn't been the subject of so much criticism like, well, essentially, due to concise human rights record and for a long time, critics said that bind was taking part in sports, watching and being a posted child focus house p. all strategy in the run up to the world cup in 2022 in fines in particular, been really vocal. during this sponsorship of, of saying, please, please ended basically sizing women's work as an elegy. basically she writes among
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a few things with banners and the stadiums. protests around the club and also at the atm to members meeting in 2021. having a massive discussion that trying to force the club essentially to drop the sponsorship and buying is a majority fund own membership, owns the memberships really have a lot of power, but they couldn't get rid of this. and taking such a stand politically, is that common with in the german football fan culture? i do think german football fan culture. yes. does have usually quite a uh yeah, politically charged discussion funds are aware of the political consequences around the club. and this was a massive thing for buying who, you know, buying funds, comparing themselves to 2 other clubs abroad. and also with independence. they got like light sick, who was sponsored by red bull trying to see themselves, not just as essentially a puppet of a p all came with a p all containers. they would put it by and all the well is among the german brothers. they got clubs, they are a powerhouse in europe, and football does not renewing this deal, hurt them financially. yeah, well,
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you mentioned it's a very wealthy deal $25000000.00 a year, which for abundance of your clubs is a huge, huge amount. i mean, as close to the shut sponsorship with telecom, which is north of 45000000. um, you know, the contract was mutually ended. so it does pay the price and maybe they do have something else lined up here. they haven't been anything announced as of yet, but surely a lot of industry partners will be lining up to, to sponsor by and but, you know, this was more than just the sleep sponsorship. the yearly training comes i attended one of those training comes in del ha with a lot of p a. p r offensives with, uh, you know, advertisements in which buying players would be advertising for consolidated ways. so it was a massive, massive deal. and if you look at the sponsorship deals in the premier league on, in spain round madrid, have the biggest deal with 70000000, a lot of premier league clubs in england, 50000000 buying a in the top 10 in europe that attends actually so this deal help them next we have about half a minute left to tell us how does lapsing the sponsorship deal impact. cut our strategy on becoming an even bigger player and european football. yeah,
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well i sense somewhat the scaling back in terms of football. after that successful, they will say successful, woke up in 2022. that's the massively invested in p s t. although they've scaled back investment a little bit better in terms of the trunk suspend. but they're also looking to buy manchester united or shake. yes, and been how much is leading a consortium to buy months? united for 6000000000 euro so on the one hand scaling back in germany on the other hand scale. yep. use mex merrill giving us a low down on this. a deal of buying munich, ending its partnership with cut our with mex, thank you. or do you have political tensions and strain to supply chains during the karone of ours, but that may have caused some by sun economies to reassess their ties to china. in pursuing a china oppose one strategy, vietnam has been among the prefer destinations for, for an investments in the regions. even though doing business there still has some drawbacks. the building sensors takes experience and patience. and that is what
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time brings to the table. the 30 year old has been working at people and folks, and what do you mean sitting for 4 years? the drum and the sensor manufacturer and we have them as just expand that it's production with a new plan that you're not really have to be focused and concentrate not to make mistakes. it's tedious work movement team had become the it'd be self of the caring for the employees. here is key because the competition for talent didn't get now has dramatically increased in special economic zones like this one, where some 50000 people work space for new factories is becoming scarce. young, nothing has become one of the biggest beneficiaries of the us, china trade war with companies seeking alternative locations for the factories to avoid expensive terms. but these become the upstream def. i tried to look at this in a positive light. it means we also get upstream suppliers if,
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if we now have supplies, we're increasingly coming to vietnam and investing here rather than china, it's all can get puts in so much. another factor that sparked investment in vietnam is china, as you long pursue of 0 co. but that is not to say that companies are exit, the china says the local managing director of the boss, you rather sees a gradual shift from industries relying solely on china. the stag, a select silver machine. i think nathan and let's, and we all, we have a chief, very strong growth in china in recent years and have now decided to remain active in china. so the china plus one discussion is really a topic for us. when we say yes, we also want to produce in other countries, but we definitely don't want to read yourself business in china. thinking that to look fond, half of vietnam's, 100000000 people are between 15 and 45 years old. the company in this country has also other advantages such as free trade agreement with you,
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and i'm slow wage level sunshine. but there are also challenges and assess the representative of this month. finally, with just opened up reduction types of cars, interest will twice as of the infrastructure and it needs to improve definitely nicer to so anyone has been to china knows the high speed trains. nobody knows how efficient the airports have become on inland roads and the roads. of course, the china is miles ahead and year you face many both whole next and for the next. not just if you are on the way home and what you mean city. but what counts for the investors is that you cannot make more trouble. this is tackling the problem on its way to becoming the country for investment in the manufacturing sector in southeast asia put you in city has set itself the goal of tripling its industrial space by the end of the year and the social for an on as years old as more on our website at w. w dot com slash visits. of course coburn roland, thanks for watching. a very successful day.
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