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tv   Business - News  Deutsche Welle  February 14, 2018 6:15pm-6:31pm CET

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god you've got to love a penguin still to come here all day w. news as if life on the high seas it wasn't rough enough baltic sea fishermen also have to contend with an op that follows that every move. as stories coming up in d.w. business with ben facility in just about which i'll be back at the top of the hour with more of the day's headlines the doc. every journey begins with the first step and every language but the first word published in the. nico is in germany to learn german why not learn to tell a simple online on your mobile and free stuff for d w z e learning course the acoustic german made. dangerous and while. venture of. the trip by airplane seventeen thousand kilometers in six weeks
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breathtaking landscapes. get a. touch of strong symmetry. first recounted starting february twenty seventh. i think about it's have been waiting for with bated breath you way it's january inflation is stronger than expected but stock markets haven't panicked yet. investors pledged billions more to rebuild iraq but it's nowhere near enough as donor fatigue makes its mom. dad most of asia is on the move trying to get home for the tet festival. i'm good for school and let's do business stronger than expected inflation to resent us stocks mostly down consumer prices were hoffer percent op in
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january driven by higher closing costs of a spike in the cost of car insurance the annual rate held steady at two point one percent equities are going crazy with the retail sales report going some way to offset inflation fees. let's bring in all the bots our financial correspondent in frankfurt well i can see the european reaction to that economic data right behind you. that's right and it's an astonishing reaction you just said that the retail sales in the united states being a bit slower mitigated the effect of the inflation but you know everybody was staring so decidedly and waiting so intensely and anxiously for the inflation figure when i saw that two point one percent figure i thought that's going to make the dax tank and the restaurants and wall street and the euro and that's what happened initially but it's amazing it's been a long time since i've seen
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a recovery like this basically the docs being sent to jail not passing go not collecting two hundred dollars and immediately the get out of jail free card again . some people you know what do you make of this recovery inflation and rate fears of the market you know but there's scrambling themselves for a really plausible explanation but this does show is the market still really nervous but tell me why the about the rate hikes when there are merits to rate hikes if inflation is galloping away. certainly and wages also merit it and of course what's to come for the u.s. economy also speaks for higher rates higher inflation donald trump's infrastructure program should it take in and actually have some effect but above all also those tax cuts and the fed has to act and it's taken as a given that it will raise rates in march because of the state of economy of the economy and because of the very good condition of the labor market in the united
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states but it's up in the air what it does after that that's what the fears were both and there's still differing opinions on what will come one of the said now it's a given that there will be four rate hikes another trader i talked to said no can't afford to do that only three. the fear might come back into the market but for the moment the worst has not happened the people imagined it would happen and he says you hear from all the there the fed has. reacts it's just a question of how it will thank you. international donor conference for the rebuilding of iraq has failed to meet expectations united states that already pledged three billion dollars other investors earmarking billions more but it falls well short of what baghdad needs after years of war rebuilding a country after decades of war doesn't come cheap iraq estimates the cost of close to ninety billion dollars. q.h.
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the nation hosting the conference is one of many countries making financial commitments. to announce the state of kuwait commitment to support our brothers in iraq by committing a one billion dollar loan under the mechanisms of the kuwait fund for economic development to. go through but it's not all about loans iraq is especially keen to attract companies to do business it's offering projects in almost every area of its economy including the energy sector siemens c.e.o. joe kayser told t.w. his company is rebuilding for power plants about securing the availability of electricity is iraq's biggest challenge at present. the conference is taking place just two months after the country declared victory over the so-called islamic state it's not the government is hoping will convince international businesses that now
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is the time to invest in the country's future. europe has entered the race to clinch a lucrative rail contract in one of southeast asians busiest corners the three hundred fifty kilometer long high speed line will connect the malaysian capital with the island state of singapore the trip takes up to five hours by car the train would cut travel time to just ninety minutes one and a half hours pretty amazing stuff companies from china and japan will be bidding for the project and a new powerful european consortium formed by a french company all sturm and germany's siemens as part of with a malaysian firm to place a bid they're also partnering up with an italian and austrian they're hoping to combine european technology with the best local experts let's bring in our local expert andrea hang in singapore who stands the best chance of winning this one. that's the answer that everyone wants know the that they have the to the question
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it's really quite early to speculate been on one hand going to bed with a malaysian company will help the consortium boost its bid on the other hand it'll be it'll test us both singapore and malaysia relations the china who has muscled in really early against japan so it's and an enviable spot to be in just how lucrative would the contract be considering the challenges of connecting an island state well the connection between singapore and malaysia and the malaysian capital of kuala lumpur is meant to foster greater economic synergy between the two countries the two need was. allegedly on malaysia's this is falling in line with the country's economic development plan to be ranked as a top twenty city in terms of economic growth and of ability by the year twenty twenty which is not very far away you think about it so it is
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a long term investment on both fought on the part of both countries a long time investment for the countries but what about the companies bidding is what's in it for them or a lot of it has to do with the mind between for the two countries already as it is a lot of malaysians come to singapore even on a daily basis seeking employment they have jobs here in singapore and it's also on not uncommon to see singaporeans hopping across the causeway to johor bahru which is just right across the river in the straits of johore so the demand is there going to drive the project and certainly the shortened travel time is going to be very beneficial facto for citizens of both countries ok so both countries obviously willing to fork out quite a lot of cash for this one for us in singapore thank you. much of asia is about to shut down for several days for new year's celebrations chaotic scenes as millions
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of people make their way home but not before spending a lot of gifts. to market in hanoi old city is awash in red and gold the colors of the new year's festival red is for luck and gold for wealth in the new year for retailers it's the most important shopping season as people buy gifts for their loved ones and decorations for their homes to welcome the year of the dog it's also high season for the city's forests. we have. trees to bring a warm and joyful atmosphere to our homes during tet that. is when trees bud and flowers bloom it's the time for families to come together to celebrate and welcome a new year. in
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china two people have been on the move for days millions of migrant workers in shanghai scramble to find a train seat those who haven't bought a ticket aren't going anywhere the huge crowds are the least of worries he faces a thousand five hundred kilometer journey to see his family. if i'm headed back home i hope my whole family can be together one i'd like to eat dinner with them it's a sense of relief for me it's only a short reunion but it feels perfect. for me. after the big shopping spree comes the quiet the festival last almost a week in china vietnam singapore taiwan and many other countries. a dream for some reality for others the life of a fisherman on the baltic sea they have to brace rough seas a special app their every move not to protect the fisherman but the caught.
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up blustering southwesterly wind here on the island of blue means any low tide fishing is the question today from now before the fishermen even step aboard they're both they have to activate their new movie up it registers every net put out to sea to make sure they don't fish deeper than twenty meters and to start the koch during the two month breeding season for the fisherman it's a step too far removed. we work with nature every day we know how deep we can fish there's no risk that a couple of fisherman are going to endanger the cod population. the new scheme also means that every fisherman must have a smartphone the first few tests have highlighted some teething problems. if you don't have any internet then the op turns itself off which means you have to write
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in the log book how can you manage to do that in time when you're busy on deck. the federal agriculture agencies say they created the op to make the fishermen's lives easier the fishermen say they just prefer to be paid a bonus to stop fishing joining the breeding season. just updating our top story stronger us inflation figures fell to scam markets investors pledged billions more building will toward iraq but it's nowhere near enough for business with you and you get a very serious. injury
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the conflicts over which mission sleep on from the treatment of migrants to freedom of expression and to terrible all standards of human rights across you're all slipping from my guests yeah nice below flood to direct soft. agency condiment writes does he believe you up is doing all it can to protect human rights . that next g.w. . you're going to an official estimates more than
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one point two million venezuelans live in colombia legally and illegally. already. returned to venezuela. to visit friends is that i don't think i'd ever go back there to live you know what i live there again i don't know so i'm not sure. bearing witness global news that matters. made some minds. true diversity place. where the world of science is at home in many languages. on you should have thought about it i've been going there it would be. an attack on our innovations magazine for any. of us from every week and always looking to the future for the w dot com science and research. take
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her slowly are you ready with all the wonderful people in stories that make the game so special. for all the true fans. become more than football online. from the treatment of migrants to freedom of expression to and to tara let us all stand outs of human rights across rule slipping this week on conflicts my guests indiana is michael flood direct off the e.u. agency for fundamental rights that's he believes europe is doing all it can to protect human rights.

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