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tv   Business - News  Deutsche Welle  October 25, 2017 3:02am-3:16am CEST

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poulos instead of cultivating its culture its roots in language is brought forth the reports of nationalism. the soviet union's heritage where does russia stand today and moscow's empire our series starting november fifth on d.a.w.'s. a republican senator has launched a scathing attack on u.s. president donald trump as he announced he wouldn't stand for reelection jeff flake of arizona told his senate colleagues he wouldn't be complacent with a quote reckless presidency trump is already involved in iraq with another republican senator bob corker. germany's lower house of parliament met for the first time on choose day since elections in september the far right
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a.f.d. party made their first appearance in the bundestag finance minister and veteran politician that was voted in as the new bundestag president. china's ruling communist party has confirmed president xi jinping as its most powerful leader in decades by adding his name and ideology to the constitution at the end of the party's five year lee congress delegates voted unanimously to include xi jinping thought as a guiding principle. and notes from albert einstein describing the key to happiness is sold for around one point five million dollars it's an auction in jerusalem einstein gave the piece of handwritten advice to a japanese bellboy in one nine hundred twenty two after the genius scientist realized he had no money on hand for a tip. polish
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doctors take to the streets to demand higher pay and better working conditions the government has offered to increase spending on the health sector but medical professionals say it's still not enough. and wouldn't it be frustrating if you always have to go to a special wife i park to go on line that's how it is for most. this is this is your business update i'm helena humphrey in berlin thanks for joining me in poland young doctors in the southern province of manuel pasta a set to go on strike on wednesday over their working conditions unless it's an emergency they'll be taking part in a so-called doctor free day calling for better conditions and higher wages. these young doctors are hungry and tired they haven't eaten in days in protest of the working conditions in polish hospitals they say the country doesn't spend
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enough on health care with just under five percent of g.d.p. going to health care poland lags behind the world health organization's recommendation of six percent now for one day doctors in poland's model polska province only offering emergency services. were grateful that the patients will not be harmed every doctor will be able to choose how to support the protests but we're seeing a reaction among the public. earlier this month doctors demonstrated outside government buildings in warsaw they believe the government's plan to raise health care spending to six percent of g.d.p. by twenty twenty five isn't enough but a calling for an increase to almost seven percent if we only wanted to fight for our wages we wouldn't be here but many polish doctors have left the country for better wages and working conditions more than two thousand now work in germany so the polish government's response could have a major effect on the future of medical care in poland. well the
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season has started on wall street and the solid numbers have pushed the dow to a new record high among the witness general motors shares of the comic or so to another record high after it posted two and a half billion dollars pretax profit and reaffirmed an upbeat full year earnings forecast for g.m. of course the next accounting loss to two charges related to the sale of its european operations cost cutting efforts in the shift to high margin trucks and s.u.v.s have boosted the company's performance. and we can check in with what else is moving on wall street now with our financial correspondent court against caterpillar or so reporting today is a company that's often seen as a bellwether for global business so how's it all looking well it looks like caterpillar could and for your drop of revenue
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and in the past quarter easily wall street expectations and the good news so to speak as they see growth all over the globe for example construction in china helped quite a bit but also here in the u.s. and also in canada where there was energy prices coming back the gas and oil industry is investing heavier than in the past and that's also an area where caterpillar is profiting from so bottom line is the numbers of pillar grows not just in the usa but also all over the globe rather interesting me. not the tech sector moving the markets so much for once explain that development to us. you know we see a certain sector rotation here on wall street for most of the year we had those big tech names like amazon google facebook netflix actually driving stocks higher but
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now we see this it would take into financial stocks and also in industrial heavyweights alike as we've just talked about or also three m. three m. and caterpillar alone here on tuesday were responsible for good one hundred points to drive the dull jones industrial average to a new records but no the focus will be again on technology companies we will get earnings results from microsoft from intel from google and also from amazon all on thursday after hours and it probably would also depend on those numbers if we can continue this breast taking a really new high here on wall street the dow jones industrial average almost twenty three thousand five hundred points absolutely incredible all men all of wall street yes quarter thank you very much. if you want in
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a small only dim sized enterprise here in germany your job looks fairly safe for the time being the country's economy has always relied on highly specialized small and medium sized firms in fact have long been referred to as the backbone of the german economy and that was study has confirmed that the role they play in the country's economic health is more vital than ever. a new study from the german development bank has shown that sales from german s.m.u. companies like this manufacturer of specialized palms rose steeply yet again in twenty sixteen they were up by nearly four percent to four and a half trillion euros that's the strongest growth for five years unlike in the past however much of that growth is being powered by domestic demand rather than exports and in a kind of feedback loop domestic demand is in turn being driven by excellent employment figures as the middle east and companies hire more staff to cope with rising orders
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at the end of august germany's federal employment agency announced that only around two point five million people are currently looking for work pushing the unemployment rate to the lowest level since german reunification more than twenty five years ago. the european parliament has called for the controversial weed killer of life a say to be phased out in the next five years that prompted the european commission to drop its proposal for a ten year nice house extension its life a state is most frequently is the most frequently used have a side on the continent while your forties have deemed it safe for humans to consume while health organization says it could cause cancer a special committee is set to discuss the issue on wednesday. now we all know that fighting climate change means limiting the amount of harmful emissions in most cases that means looking to you when you will end it.

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