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PBS
Jan 31, 2011 6:00pm PST
america. >>how the economic powerhouses of india and china are driving growth from the middle east to the fareast. >>asia is of course more than china, japan and india when you think of asia, also think indonesia and asean >>and with unrest spreading in the arab world... we look at possible solutions to the current crisis. >>it is very important to recognise that the growing potential unemployment in the region is something that is going to come home to roost. >>hello and welcome. i'm eckart sager and this is world business, your weekly insight into the global business trends shaping our lives. this week we are coming to you from the world economic forum atdavos where despite a back drop of economic uncertainty - felt especially by european participants - the overall feeling was upbeat. >>reporter: with developments in tunisia and egypt casting a long shadow... 2,500 leaders arrived at this year'sworld economic forum in davos facing the realities of a global power shift. emerging markets are driving global growth, while the eurozone is struggling. >>roubini: specifically the eurozo
PBS
Jan 17, 2011 6:00pm PST
games and is an economic powerhouse, so why does china still receive millions in foreign aid? >>i'm not saying this is a taboo question but it's a question that for the time being our leadership, let's say, has decided not to take an aggressive stand. >>hello and welcome. i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. in the 21st century investors are sizing up africa with some of the same hunger that the colonial traders did in centuries gone by. despite much poverty and badgovernance, there's a burgeoning middle-class which so far is relatively untapped. now the world'sbiggest retailer has gone shopping in the continent's most successful country. >>reporter: walmart has been looking for a route into south africa for some time and now it has made its move. it is buying a 51 percent stake in massmart, one of the country's biggest wholesalers which also owns several store chains including game and builder's warehouse. with 288 stores in 14 other african countries total sales last year were 7 billion dollars. >>hea
PBS
Nov 25, 2010 6:00pm PST
investment with china were more or less one-week lows. products made in china were shipped westward and the money flowed eastward as big european companies outsourced production. all of that is changing quickly and radically. germany's economy is booming, thanks to exports to asia. chinese investors are heading west, looking to buy up continental cos. the massive current account surplus, they are flush with capital. time is snapping up the greek and spanish debt, highways, and industries in eastern and southern europe. >> when the chinese president hu jintao comes to europe, it is normally to talk about money. beijing has a huge trade surplus and debt-laden countries like portugal would like some help. the european debt crisis has created opportunities for china. greece's largest port is now in chinese and. the chinese conglomerate received the contest -- concession to manage the entire terminal. the company is paying 4.3 billion euros for the lease. at the end of 2008, president hu jintao himself came to athens to sign the agreement. the chinese have major plans for the port. they incl
PBS
Jan 19, 2011 6:00pm PST
>> this is "the journal". >> the u.s. and china pledged to overcome their differences. protests continue over the inclusion of ministers from the former regime in the transitional ever in. >> the german government said the economy is firing on all cylinders. >> as president hu jintao's as it continues, president barack obama has raised some sensitive topics in killing -- including currency and human rights. obama said china's currency is undervalued and should be dictated more by market forces. >>he pressed on the human rights record of china, reaffirming the u.s.'s commitment to supporting hihuman rights. the chinese president admitted his country has a lot to do in that area. the visit has been anticipated as the most significant meeting in recent times. that was reflected by events of the white house on the first full day of his visit. >> hu received a carefully choreographed welcoming ceremony after writing the previous evening. the 21 gun salute and fanfare reserved for state visit. images likely to go down well in beijing. it is a meeting of titans. u.s. president barack o
PBS
Mar 21, 2011 6:00pm PDT
. ♪ ♪ >>this week on world business... >>international schools take steps into china. >>it is about being clever enough to see where the opportunity is going to be in the future. >>how access to communications technology has revolutionised life for millions of kenyans. >>mobile phone technology in kenya is well understood, everyone has a mobile phone. >>and a new business funding model giving young entrepreneurs a helping hand in france. >>hello and welcome. i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. the business of international education is worth 45 billion dollars a year and marketers have china firmly in their sights. but not all are focused on attracting"nouveau-riche" chinese students to campuses abroad. some of the most respected english private schools are expanding in the people's republic itself. >>"doe, a deer, a female deer....." >>reporter: quintessentially english, in far flung china - though unlike its four century old namesake for the teenage sons of the world's millionaires and monarchs, harrow int
PBS
Mar 24, 2011 6:00pm PDT
-inch. and this is why in china, where they build a lot of nuclear power stations, we have orders now for 28 nuclear power station valves in china. and they're forged because cast valves, this is for the nuclear field of the reactor. out of the turbine, this is another field where not such high quality requirements are required, and this represents about 70% of the end value of valves for nuclear reactors. and a nuclear reactor needs about 30,000 valves, but the majority is on the non-nuclear part, but as far as investments, the nuclear part is about 70% of the total investment. - and i've heard that the big hadron collider under switzerland and france that is the biggest experimental physics installation in the world, you invented a special valve for absolute cold that helped reduce the size of the whole operation. without your valve, it would have cost three times as much and might never have been built. - no, i wanted to explain to you that i was always interested not only in industrial applications-- because these are industrial valves, going from gas, oil, and petrochemical plant
PBS
Dec 9, 2010 6:00pm PST
every five cars sold in the world is sold in china. >>> bayer is planning to invest 1 billion euros to increase production of high great plastics at its shanghai plant. -- high-grade plastics at its the shanghai plant. it will relocate their entire polycarbonates unit from germany to china next year. they're used in cars, electronics, and construction. they expect sales in china alone to double in the next five years to 5 billion euros. >>> time to talk about the climate talks in cancun. about word coming from cancun is hardly any progress has been made at this climate change talks on key issues like setting binding targets for the reduction of greenhouse gas emissions. many of the 194 participating states are concentrating on smaller issues like the accord to fight deforestation, supported by the united nations secretary general. it is highly unlikely the delegates will agree on a follow-up to the kyoto protocol, which expires in 2012, and the summit finishes on friday. >>> as norway gets ready to present the nobel prize on friday, the head of the award committee said the choice of th
PBS
Jan 24, 2011 6:00pm PST
has politics stalled progress? >>we're losing the advantage. china's momentum on clean technology is a lot higher than america's right now. >>the crucial role the private sector must play in helping the arab world prosper. >>job creation is a real challenge in the coming years. >>and is the west using the need to control carbon emissions to artificially hold back growth in emerging markets? >>you can't tell me that india should produce less pollution per capita than say singapore, is that a joke. >>hello and welcome. i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. when he came to power, one of barrack obama's hopes was to put federal measures in place to decrease carbon emissions in the united states. it hasn't happened, and given the democrats poor showing in the midterm elections...isn't going to in the near future. and that's got america's cleantech industry worried. >>reporter: in the united states...the sun is still shining...the wind turbines still spinning...but a federal climate bill designed to graduall
PBS
Jan 20, 2011 6:00pm PST
violations in china. hu also spoke with harry reid in what was probably an awkward meeting. >> hu and harry reid smile for the cameras, but the talks were overshadowed by comments made recently about the chinese leader, labeling him a dictator. many u.s. lawmakers vowed to bring up human rights in their talks with the premier, talks that were held behind closed doors. a number of leading u.s. politicians had snubbed the chinese leader in the evening before by declining an invitation to the dollar dinner held in his honor by the first couple. -- the gala dinner held in his honor by the first couple. [applause] he received an enthusiastic welcome when he spoke to members of the u.s.-china business council on thursday. billions of dollars of deals will be struck during the visit. he told his hosts at least some of what they wanted to hear. >> we will continue to intensify policies on reforms and openness in the areas of business, politics, and society. china will improve its social market economy and create a socialist system -- socialist economy based on the rule of law. >> a respec
PBS
Nov 12, 2010 6:00pm PST
currency manipulation and protectionism. but deep differences between china and the u.s. remain on currencies and trade. the summit produced little substance, the leading economies, including germany, agreed to discuss guidelines to manage trade next year chancellor angela merkel gave her support as well tuesday basil 3 everyman's of banking reform which would tax banks to create a fund for financial bailouts. >> g-20 leaders smiled for the media after lengthy talks some described as having divisions. divisions emerged over the influence of currency exchange rate for international trade. the german chancellor said countries were trying to cooperate but warned that papered over conflict could re- emerge. >> i would like to emphasize that the issue of free trade remains a crucial importance. protectionism could significantly damage lasting worldwide economic growth. >> in the end, leaders could only agree to draw up guidelines to help identify trade imbalance is affecting world growth. but there was no consensus on what to do it countries are found to be benefiting from an artificial
PBS
Feb 24, 2011 6:00pm PST
player in the world of business. libya's trade volume with china recently jumped 80%. the chinese corporations are involved in numerous major projects from afar is in the streets to oil drilling. the trade volume is an estimated 12 billion euros. now beijing is putting on the brakes and has evacuated more than 30,000 laborers and engineers. angstrussia also had close tieso the dictator. when gadhafi sat down with putin, the main business talk was arms deals. in 2010, gadhafi ordered weapons to the tune of 1.5 billion euro from russia. gadhafi also enjoyed a strong bond with the italian prime minister. italy depends on libya for oil and gas, it was gadhafi's efforts in preventing illegal immigration that secured their relationship. he ran up the security on the border. in 2004, and gerhard schroeder became the first chancellor to visit gadhafi in tripoli. they are on imported energy supplier for germany. they have been an important market for exports for decades. currently, 40 german companies operate in libya with a combined trade volume of 4 billion euros annually. >> when you lo
PBS
Jan 3, 2011 6:00pm PST
demand will strengthen even further this year, especially in china and other emerging economies, and some people say that rising oil prices are also linked to investors' hedging by buying up all of the commodities that date see. natural disasters. a total of 950 natural disasters were recorded, including the earthquake in haiti and floods in pakistan. this made 2010 the second worst year since 1980. the earthquakes in chile and new zealand were the most expensive for the insurance sector, even though they were not the most devastating on the human scale. and something new in germany after high levels of dioxin that can cause cancer were found in animal feed. it was sold for pigs, chickens, and turkey farms. lower saxony has not reacted by closing 1000 farms while tests are carried out -- lower saxony has now reacted. melinda? >> thank you, peter. african leaders have held another round of negotiations for the embattled ivory coast president in effort to persuade him to stand down. on monday, he once again refused to give up power to those who is seen by the international community as
PBS
Feb 8, 2011 6:00pm PST
. they also accused some of abuse of power, saying that he used coercion for her release. china is trying to get a grip on their overheat the economy. >> the chinese central bank raised its key interest rate for the second time in a few weeks on tuesday, moving it 25 basis points, up to 3%. beijing hopes the maneuver will help cool the markets and ease inflationary pressures. >> chinese consumers have been getting a taste of inflation recently. for months, prices for food have been climbing steadily, and wages are rising in line to compensate. a major inflationary factor is the rapid gain in raw material prices, which is pushing up production costs, but the economy continues to expand exponentially. in 2010, the country's gross domestic product grew by a stunning 10.3%. at the same time, inflation averaged out at 3.3% for the year, an unemployed was also too low to bring in wage levels. analysts say the chinese central bank will be forced to hike interest rates again, as beijing tries to bring in growth. this could prove difficult for the german export sector. the car industry is o
PBS
Mar 31, 2011 6:00pm PDT
after they were stuck back together in china. >> when euro coins get too old or damage, they are removed from circulation, broken apart, and sold off as scrap metal, some of them to china. that is where 29 metric tons of one and two your coins were pieced back together and exchanged for 6 million euros at the bundesbank. >> we began our investigation after we received reports of suspected money laundering from certain banks. as part of our investigation, we discovered a flight attendant at the airport who was carrying a very large number of coins in his luggage. >> lufthansa flight attendants appear to have been accomplices in this camp, reimporting the coins to germany. the case is particularly controversy and, since the bundesbank is the body responsible for removing the money from circulation. >> you would think after three years his arms would have been a bit stronger. >> [laughter] police in germany have arrested a man they say was planning a bomb attack outside a soccer stadium. officers say they found and defused three devices at the bundesliga club borussia dortmund. the
PBS
Dec 2, 2010 6:00pm PST
, actually. -- okay, stay tuned. >> dear america. >> dear, china. >> dear, germany. >> in der, india. >> please. >> please. >> please. >> please. >> please. >> please free the world from -- >> welcome back. german automobile makers have long feared that sales would continue to slump but now it looks like 2010 will turn out to be a record year instead. at home, turnover remains sluggish but outside the country demand for german models is soaring. >> these buyers or are a bonanza for german car makers, especially luxury brands like bmw and audi. four out of five luxury cars purchased in china are produced by germany. diamler sauce sales go up 2 1/2%. -- saw sales go up 2.5%. they expect an increase in exports to the far east. >> it is clear that five or six years ago, china was an emerging market. now this is one of the most important automobile markets and the world and we're pleased that the german car industry accounts for 1/5 of the vehicles sold there. >> some analysts contend that german car makers are focusing too much on china and neglecting the european market. >> german autom
PBS
Mar 8, 2011 6:00pm PST
boosted by the recovery of the u.s. car market and continued demand by china. they remain cautiously optimistic about the rest of the year because of rising commodities prices and the general uncertainty on the financial markets. >> let's check in on tuesday's market action, starting off in frankfurt. they just managed tubino calledn to the slight gains of the day. -- they just managed to hold on to the slight gains of the day. in the last hour of trading, the dow is up to 12 belsen to madrid and 30 points. the euro is trading -- 12,000 two hundred 30 points. the euro is trading lower against the dollar. the recovery will continue and it will become more broadbased. that was at the last formal appearance has president. he will present the 2010 results. the man once touted as the next head of the european central bank finally shed some light on his plans for the future. >> and president presented the central bank's annual results for the last time on tuesday. they were not as good as they have been in the past. in the late 1990's, the bank posted profits of up to 12.4 billion euros. t
PBS
Feb 14, 2011 6:00pm PST
role of the kazakhstan economy is to be a services economy to the giants of russia and china. like canadians do it to united states or austria to germany. we understand our role and our niches in those market. >>reporter: it's this understanding that has kazakhstan now gearing up for its next bid: the winter olympics. >>rogge: i think that kazakhstan has very good assets to organise eventually the games in 2022. you have a very good infrastructure, you have the geography. you have snow and ice, you are very experienced people, you have great champions, so all the conditions are met. >>reporter: of course it is not easy to win the bid to host the olympics, there's likely to be competition from other emerging economies as they realise it's more than just a game of sport. >>kazakhstan's hosting of the games is part of a wider trend, with many prestigious sports events now moving to emerging markets. i sat down with the president of the olympic council of asia, sheikh ahmad al-fahad al- sabah, and asked him what that means for kazakhstan. >>al-fahad al sabah: all those underdevelopment
PBS
Jan 12, 2011 6:00pm PST
prompted china and south korea to halt imports of pork and egg products from germany. china has been importing german port since july 2010 -- pork since july 2010. china is a lucrative markets 3 dead more is concerned -- a lucrative market. >> russian officials say the plane carrying polish leader lech kaczynski crashed last year because of wording in the flights would have endured the president. his brother has condemned that report as it opened with a joke against:." -- as a joke against poland. >> russian investigators say the polish crew was responsible for the disaster. but the air force commander -- >> the air force commander put psychological pressure on the pilots to continue their dissents. yet -- descent. >> the plane crashed on april 10 of last year. it was a national tragedy that occurred against the backdrop of growing tensions with moscow were sell -- moscow. but the findings are speculation. there is no proof of the pilots were put under pressure. the president said that the report put a mockery to poland. >> the german cabinet has approved the deployment of 5000
PBS
Mar 28, 2011 6:00pm PDT
ocean makes it an ideal transport hub for trade with india & china. >>anderson: kenya has made its economy grow in the last ten years by being a regional hub. if you buy petrol or manufactured goods in southern sudan, in uganda, in rwanda, in burundi even in congo, those goods almost certainly came in through kenya. so the kenyan economy is benefiting enormously from this en troupeau status. >>reporter: the development plans include a deep-water port and oil refinery on pate island, just north of lamu,together with a military port and complete infrastructure network in northern kenya, including new airports, towns, railways and roads. it's a project that many believe is vital to kenya's economic future. >>onditi: the level of investment that are going to be there is going to be very huge and if you look in termsof employment, it will be a huge employment that is going to be created. and those one who want to carry the offshore manufacturing, so that they can easily get access to the east african community market, they will be able to put up their packaging and finishing products, m
PBS
Dec 16, 2010 6:00pm PST
economies. >> to china and india are taking steps to strengthen their trade ties. went about signed a series of agreements on -- wen jiabao signed a series of agreements on thursday. trade between the two nations is about half of that amount right now. the two leaders signed agreements on green technologies and cultural exchanges in delhi. the cost of air frate leaving germany went down, and now those prices are climbing again. simliailiar price hikes were greater to ship to japan and china. one of germany's biggest tax evasion cases has come to a close. proceedings against two banks based in lichtenstein were suspended. >> this man is the most prominent tax evader in the case. he is the former ceo of deutsch of poste. he received a two-year suspended sentence and had to pay a 1 million euro fine. his money was tucked away in liechtenstein. prosecutors have been working on the case since last year. now the banks have reached a settlement along with bank employees. have to pay an average of 15,000 euros in fines. the deal is a victory for the german government who collects a fine sto -
PBS
Oct 26, 2010 6:00pm PDT
anniversary of china's entry into the korean war in support of the north. kim jong il is 69 years old and reportedly in good health. north korean officials have confirmed earlier this month that his youngest son is likely to succeed him as leader. water at the three gorges dam in china has reached the maximum level of 100 centimeters for the first time since the world's largest hydropower project began operating in a dozen a. it is now capable of generating as much as 85 billion kilowatt hours of power annually. chase officials are calling it a milestone. but exports of warned that the high water level could increase the risk of landslides and even earthquakes. some sports now. european soccer's governing body has called for proof of delegations of corruption in awarding the bureau 2012 to poland and ukraine. it former soccer officials claimed that officials took bribes before the year was it reworded to those countries. the investigation will only be launched if proof is provided. >> in april 2007, the president made the sensational announcement, awarding the year of 2012 championship to
PBS
Feb 18, 2011 6:00pm PST
china, the government again took measures against an overheating of the economy and against inflation. which means that german car makers must prepare for less in new orders from china. >> that was from a frankfurt, where we can stay for a closer look at the market numbers. germany's blue-chip dax finished 0.3% higher going into the weekend, 7426. the euro stoxx 50 index of leading eurozone blue chips added a couple points, finishing at 3058. on wall street, the dow jones average up by 0.4%, 12,369. currency markets, the year of trading at a value of $1.3686. the reuters news agency said it has received confirmation from two auto industry insiders that german carmaker volkswagen and a russian group has agreed on a joint venture to produce 300,000 cars per year in russia. while both firms have yet to confirm the deal, volkswagen did an ounce late last year that was in advanced talks with the russians. the joint venture will reportedly make a range of volkswagen brands, including the jetta and other models. industry analysts predict rapid growth in the russian markets and expe
PBS
Apr 3, 2011 12:00am PDT
help with hiv/aids there. i've been, you know, to china to spread, you know, kind of relationship between our country and theirs. but i gotta tell you, traveling around this country, one of the things i did that really meant a lot to me was playing in our schools. and i remember one time that i was playing for an elementary school, and i looked out at a sea of faces, all those young children, and i was like, you know, that's the treasure here in america. and nobody protects that treasure more than public television with their just awesome programs for children. and that's one of the big reasons that makes me a huge supporter and wanted to help public television. >> tim, you got some great thank-you gifts here. let's go through them real quickly here. announcer: you'll receive the beautiful dvd of tim janis' coastal america with our thanks at the $75 level. at the $125 membership level, we'll thank you with the dvd and the coastal america cd soundtrack. both the dvd and the cd have extra tracks. all of them, a tribute to the beauty and majesty of america's coast. at the $190 level,
PBS
Dec 7, 2010 6:00pm PST
u.s., russia, china, britain, france, and germany. western countries suspect iran of trying to build a nuclear bomb but tehran says that they are merely using the technology for civilian services. the german president was in warsaw today marking an important ceremony for german- polish relationships. he laid a wreath at a monument to the vic warsaw ghetto. on the same day, 40 years ago, the german chancellor famously dropped to his knees as a gesture of contrition for not see crimes. although he was appointed to the end of the war, the german president -- although he was born at the end of the war, the german president feels responsible for the war atrocities. we will now look at how the visit was received. >> in a very relaxed way, this is very interesting to compare this with the russian president's came here. i talked to people about the german president's visit. they said, all, he is here again. he has only been the president for six months and he has met the polish president and no more than four times. that shows how very routine and close the relationship has become. this year
PBS
Mar 11, 2011 6:00pm PST
the equivalent of 3.8 trillion years. it is the third largest economic power after the u.s. and china. the prefectures are important to industrial regions, home to most of japan's automotive and aerospace industries, as well as high-tech and food companies. the region is also important for the country's energy provision. the japanese oil company operates oil depots and refineries there. >> thank you. >> we will be right back with more coverage of the japan earthquake and the tsunami in about one minute from now. >> how well we live in the future? how will we communicate? get from point a to point b? our tree diseases? leading scientists are looking for answers to the most pressing issues in germany and around the world. future now, innovations shipping tomorrow. our series in at tomorrow today on its dw-tv and on the internet. >> welcome back. updating our top story. a massive earthquake has hit japan, unleashing a tsunami, which has devastated much of the northeast of the country. the 8.9 earthquake on the richter scale is one of the strongest ever recorded. police say they fear more
PBS
Nov 22, 2010 6:00pm PST
southwestern china, 29 coal miners trapped after an accident have been arrested. state television showed rescuers bringing up the last of the men from the mine. they were trapped on sunday when water suddenly flooded. china is notorious for its poor mining record. last year, 2006 hundred miners died in coal mining accidents. some sports now. jokovich ohas defeated his opponent at the world finals in london. the third seed dominated from start to finish. he benefited from strong serbs. stay with us and i will have more on ireland's problems. coming up in one minute. >> the irish government is in tough negotiations with european and international banks for a massive bailout. the prime minister is responding to calls for him to quit and call new elections by saying there are not necessary and the government will pass its tough austerity budget as planned on december 7. the average crisis began in 2008 when the country's real estate and banking industries began imploding. the country's post houses, 300,000 unoccupied or partially finished homes dot the irish countryside. many fear harder tim
PBS
Dec 10, 2010 6:00pm PST
an empty chair. the chinese dissident remains in prison in china. since liu xiaobo and his family were not allowed to travel to oslo, the norwegian nobel committee said it would keep his award and the prize money in his name. >> norway's king harald and queen song yet arrived at oslo city hall along with the nobel peace prize committee. but with the guest of honor, dissident liu xiaobo, locked up in a chinese prison, this year's nobel peace prize ceremonies centered around an empty chair. >> liu xiaobo has only exercised his civil rights. he is not done anything wrong. he must be released. [applause] >> liu xiaobo's growing international stature continues to split the global community and infuriate beijing. ballenger pressure from china, more than 16 nations boycotted the ceremony. china clamped down on the dissidents arrested -- ahead of the award ceremony. the co-author of news charter 08 demanding political reform in china has been arrested. internet sites reporting on the ceremony have been blocked in china and televised reports have been taken off the air. a norwegian actress
PBS
Mar 23, 2011 6:00pm PDT
resolution. germany abstained, along with china and russia. since then, the german government has been at pains to persuade the international community that berlin is really for the measure. >> the majority of security council members voted for the resolution and so i made it clear that that makes it our resolution as well. and that we also want to see it implemented successfully. >> but there was criticism of the government's hesitance on the issue. even from within merkel's conservative party. >> it would have been better for us to have stood behind our nato partners. then there would have been no doubt about our position, and we still would not have had to have gotten involved militarily. >> the german foreign minister said the a reaction by calling for an embargo on oil to counterclaims that germany was in diplomatic isolation. >> as far as the military operation is concerned, we are not alone in maintaining a skeptical stance. either on an international level, nor within europe. >> but many observers disagree. some say germany's wavering on the issue could damage the country's rep
PBS
Jan 10, 2011 6:00pm PST
in high demand. the u.s. trade a lot with china, the biggest export market for german car makers. german cars have a good image, especially luxury models. sales of pickups, vans, and suvs, are rising fast. the sharp drop in exports in 2009 has been recouped. more than four 0.2 million cars were sold -- 4.2 million german cars were sold abroad in 2010. that is expected to grow in 2011. but in germany, it is a different story. during the economic crisis, the government set up a cash for clunkers scheme to boost sales. now the government bonus is gone, and domestic demand has dropped. it is the same story across europe, but industry analysts say demand will rise again in 2011. car companies have come up with new and improved models to stimulate interest. for instance come levin new audi -- for instance, the new audi a6. the industry expects record profits again. the question is, how long will that continue? german firms are investing in new technology, but their main focus is on standard engines. at the moment, the money is to be made in high-powered, bay doors power, a luxury cars.
PBS
Feb 21, 2011 6:00pm PST
well, and russia and china plan to expand defense spending. >> next month's opening race in bahrain has been cancelled, following the on gone -- ongoing unrest there. one possibility would be to watch the season down under in australia in april. a volcano has erupted in central philippines, forcing hundreds of people to flee their homes. after weeks of inactivity. the army is of forcing a 4 kilometer zone around the volcano and assisting the people who were fleeing. 2000 villagers have moved to emergency shelters. the location has been active since november of last year. again, we want to recap our top story -- the situation in libya. anti-government protests have spread to the capital, tripoli. at least 60 people reported to have been killed in the city, and witnesses said government and state television buildings have been set ablaze. there have also been reports of military airplanes shooting live ammunition at demonstrators. gaddafi's hold on power is seems to be crumbling. as justice minister and diplomats have reportedly resigned. religious leaders called on leaders to protest aga
PBS
Jan 7, 2011 6:00pm PST
in china consider that he is already been tapped as beijing's next premier. his visit to germany with a large delegation has presented an opportunity for germany's export-oriented businesses to expand in the chinese market. china also stands to gain from new partnerships. >> we have very close economic ties. step by step, these are characterized not just by german firms in china but also chinese firms moving into germany. >> german and chinese firms have reportedly signed deals worth 9 million euros during the visit. relations were soured by beijing balking over its natural resource exports. the german industry is critical of issues like market access and intellectual property in china. >> china has good legislation in place to protect intellectual property rights. it is not implemented equally across all regions of the country. we have to work more on this aspect. >> he has signaled that moves will be taken to apply china's intellectual property laws more effectively. >> we spoke with our colleague of the chinese radio service. with china taking a keen interest in europe, we ask
PBS
Jan 28, 2011 6:00pm PST
cents12. china says it will help boost global consumption of goods by doubling imports over the next five years. major industrialized nations, such as the united states, have urged china to help rebalance the global economy by boosting domestic consumption and cutting its reliance on exports. the pledge to increase imports was made by chinese commerce minister and the world economic forum in davos, and also said chinese companies would be encouraged to expand abroad. that is your look at business. >> thank you for that. the suicide bombing at a supermarket and the afghan capital kabul has killed at least nine people. the blast tore through a supermarket near the british embassies in the center of the cities. three foreigners were among the dead. two insurgent groups of claimed responsibility for the attack. observers say violence in afghanistan is at its worst levels since the overthrow and taliban in 2001. the german parliament has voted to extend the mandate for the bundeswehr commission in afghanistan until february 2012. it also approved a conditional withdrawal of the first of i
PBS
Mar 9, 2011 6:00pm PST
. >> she is in china and complaints about intellectual property? even the most polite chinese have trouble concealing. >> rhetorical lives are often out on ash wednesday. thursday they will return to their more measured debate style. >> space shuttle discovery is officially out of service. it landed on wednesday, wrapping up its last mission after 20 years. the remaining two shuttles will soon also be shelved. back after one minute. >> welcome back, everyone. how do attract tourists? especially when your country is in the middle of the revolution? that is what several north africans are talking about. that is what everyone is talking about this week in berlin. do people stay away? local economies face economic ruin it they do. they are offering drastic price reductions to win back customers. we decided to go to the airport and ask vacationers where they are going and why they decided for or against these destinations. >> to be booked egypt, now we have booked again. >> all of the of people is just a matter of time. i would go there. >> i would not do it. there is not enough of an i
PBS
Dec 6, 2010 6:00pm PST
negotiating on behalf of the united states, britain, france, germany, russia, and china. western countries believe iran is trying to build a nuclear bomb, but tehran insists it is pursuing a civilian program. our correspondent frank hoffman has been observing those talks and gave us this assessment of the significance of the negotiations. >> the best expectation is that the talks will continue. the rumors were heard from brussels, they do not want to do anything that could give tehran a chance to step back away from these talks. the chief negotiator from iran arrived here in geneva saying it is only the other side of the security council members and the european union that could do something so negotiations would be stopped. those rumors were put into the media from the iranian side, saying that the iranians also put one crucial issue on the table, talking about the nuclear researcher that has been killed most recently. >> at least 40 people have been killed and 100 wounded in a double suicide attempt -- attack in northwestern pakistan. it was in 8 semiautonomous tribal region. local leade
PBS
Nov 11, 2010 6:00pm PST
emerged between the united states in big exporting nations like china and germany. both countries have criticized the federal reserve's latest round of monetary stimulus and rejected washington's proposal that excessive trade surpluses should be kept. some observers have warned this could turn out to be an acrimonious summit. >> the german chancellor had a small victory to celebrate right from the start of the g-20 summit. the group agreed that it would not seek to limit excess of trade imbalances, which the u.s. had lobbied for. >> i made it clear that it is very important to us and we have received a lot of support on this that we have free global trade without protectionism. because that way, a lot of jobs can be traded in germany and other countries. >> other disagreements await u.s. president barack obama at the summit. many g-20 members are not happy that the u.s. is again pumping money into the market through a renewed policy of quantitative easing. here, too, the greatest opposition comes from chancellor merkel, which she repeated in a one-on-one discussion with barack obama. i
PBS
Jan 18, 2011 6:00pm PST
reasons. traders are worried about the long-term future of apple. shares are currently down 2%. china continues to expand its global, financial, and economic influence. they lend more money to developing nations over the last few years than the world bank. china led the equivalent of 82 billion euros to emerging countries. in return, beijing returns a guarantee on soyoil supplies. here they come. watch out. >> as the fallout from the contaminated feed scandal in germany continues to grow, the agriculture minister has plans that he says will improve food safety. working in cooperation with the 16 state agriculture ministers, it will increase penalties for companies that do not comply with regulations. >> a rubber chicken. to these protesters it is about as palatable as the contaminated eggs and poultry discovered in the dioxin scandal. consumers were warned to stay away from german meat products. agriculture protection ministers held crisis talks on tuesday, where they dropped an action plan to improve food safety. >> the goal is to have the highest safety and control standards in euro
PBS
Nov 2, 2010 6:00pm PDT
sales of two economies like china and the united states. >> luxury cars made in germany are flying off the lots in the united states. bmw, mercedes, and audi are especially popular. but mid market brands like vw are also enjoying an upswing. in october, bmw sold 23,000 cars in the u.s., a 13% rise compared to last year. looks like in sales jumped 18%. porsche saw unit sales jumped 60%. upmarket german demands are in demand at home. but middle brands have been hard hit at home in germany, with sales far below last year's numbers. car makers benefited from the popular "cash for clunkers" program in 2009. once that expired, show rooms were empty. domestic sales fell 37% in october alone. >> british oil giant bp has announced a third quarter profit of $5.50 billion, despite a charge of $7.70 billion to finance the cost of the gulf of mexico oil spill. so far, it is billed as the worst oil spill in u.s. history, and has added up to $40 billion. >> the cleanup and damage claims have already cost bp 11.6 million euros. despite the enormous costs, the corporation posted third quarter profits o
PBS
Jan 4, 2011 6:00pm PST
handle. it is unclear what started the fire. in china, 50,000 travelers have been stranded on highways and in trains following an especially harsh out of winter weather. southwestern china has been hit hardest. all highways have been closed and thousands of people are stuck on snowy roads. hundreds of workers are clearing major routes. in another province, they're using blowtorches and chemicals to melt the ice on the rails. in berlin, there is growing anger at the state of the city's public transportation system. the commuter railway is grinding to a halt with more than half of its trains out of commission due to technical problems. a number of suburban stations have been completely closed with reduced service at many others. >> chaos reigns of many parts of the suburban network. passengers are simply informed that technical difficulties are creating huge disruptions. about a million people a day rely on the trains. but the transport breakdown has left thousands of people struggling to get from point a to point b. >> i had to take a week's holiday because there's no other way
PBS
Mar 30, 2011 6:00pm PDT
, china, germany, brazil, india. the 10 votes was just one more than the nine needed for passage. and it did not include input from the 192-member united nations general assembly. but international support for the no-fly zone is now waning. the libyan government is alleging that coalition bombings have killed many civilians. doctors on the ground say over 100 civilians have died. military deaths not included. the 22-member arab league this week accused the u.s. and the coalition of ignoring the u.n. >> as far as we're concerned the arab league, we requested the security council to establish a no-fly zone in order to protect the civilians, in addition to safe areas for the civilians to sit in without attacks on them. >> brazil, russia, india and china, the bric nations, are all calling for an immediate cessation of the no-fly zone. u.s. defense secretary robert gates says it's gaddafi that is stained with civilian blood. >> it's perfectly evident that the vast majority if not nearly all civilian casualties have been inflicted by gaddafi. >> question, if this nato-led no-fly zone does n
PBS
Dec 31, 2010 6:00pm PST
. the euro trading for $1.3369. airbus can look forward to a busy new year. china eastern airlines agreed to buy 50 a-320 aircraft to meet rising demand and lift its competitiveness in the air id it received a significant discount off list price of $3.2 billion. the aircraft will be delivered in stages between 2012 and 2015. this will increase china eastern's capacity by 11%. the airline is one of china's three main state-owned carriers. the country's burgeoning aviation market is expected to offer a lot more opportunities for global airplane manufacturers. >> thank you for that. there have been protests across bolivia over a drastic increase in the price of fuel. at least 15 police officers were injured during clashes at a demonstration in the capital. some 20 demonstrators were arrested. last week, the government announced it can no longer afford to subsidize food prices, causing the cost of petrol to drop more than 80%. the president's administration wants to introduce measures aimed at offsetting the fuel price rise, including a 20% hike in the minimum wage. a number of victims
PBS
Feb 16, 2011 6:00pm PST
, especially after watching the egyptian people rise up to overthrow the regime. >> china's response to egypt is very restrained. the fall of the government is reported as little as possible. even discussions about it are being censored heavily. because the parallels to the situation in and china are all too obvious. -prices, rising social dissatisfaction, and corruption. -- rising food prices. >> international attention will be focused on egypt in the coming weeks. but china in the west will be watching closely to see if the egyptian people can successfully make the transition to democracy. >> pujols transition to democracy, that has been our focus of "in depth" today -- egypt's transition to democracy. i am meggin leigh. thanks for joining us. ♪ captioned by the national captioning institute --www.ncicap.org-- ♪ >>> focus on the bottle. actor, director, mel gibson's drunken out andwurst comedian, robin williams, self imposed check in at a rehab clinic spotlighted alcohol abuse. but the problem hits much closer to home than hollywood. a new study of teenage drinking and drug usury
PBS
Nov 17, 2010 6:00pm PST
joint venture in china. it will have an entertainment system on a chinese airline expected to compete with airbus and boeing. commercial aircraft company of china unveiled the plants at an air show along with a commuter jet that is about to enter service. >> the chinese short range airliner which carries up to 105 passengers will be operational by the end of this year. they are upbeat about their midrange plane. >> the asian markets will be driving growth in the asian market. we believe the passenger load for asia will make up 39% of the market. in america and europe, a passenger flights will be relatively small. >> this will carry uppe to 109 passengers. >> some chinese hope that the new airliner will dominate in asia. >> more international news. 820 strong group of military officers claimed they have seized power. the colonel said that he was asking for the welfare of the people. voters went to the polls in a referendum on a new constitution that would allow the president to stay in power until the next election. he has ruled out stepping down. his government has vowed to crush the
PBS
Mar 1, 2011 6:00pm PST
backing of the un and countries like russia and china, who are unlikely to back such a measure in the security council and have veto power, a no-fly zone seems to be rather unlikely. >> thank you for that. from washington. witnesses are reporting confrontations between security forces and protesters in tehran. fierce clashes occurred near tehran university. the police used tear gas to disperse the crowd. the demonstrators are protesting against the alleged imprisonment of two opposition leaders. their current whereabouts are not clear. and i government protests have increased across iran in the past few days. -- anti-government protests have increased across iran in the past few days. now the latest from the biggest technology fair. >> the model is work and life with the clout. storing data and software programs online rather than on this computer hardware. numerous products and services are capturing a visitor interest. some of the products will be in your local shop soon and others will take awhile to get there. >> tablet pc's with touchscreens and computing capacity are the attract
PBS
Nov 19, 2010 6:00pm PST
equity markets were mixed on friday amid ongoing concerns about ireland's debt crisis. china increased reserve requirements for banks. here is a summary of the trading. >> a quiet ending of a stormy week. shareholders have been reluctant before the weekend tutu measures with chinese banks. -- before the weekend due to measures with chinese banks. the stock market welcomes the strong cost-cutting of via. >> time for a look at some indices on the last day of trading. the dax index closed slightly higher. on wall street, the dow was currently going up. 11,182. the euro is trading for $1.67. the german auto industry is booming again. they are aiming to surpassed toyota as the world leader in the sector by 2018. it will invest tens of billions of euros into new models and technology. >> this man thinks big. he is a vw boss. he aims to conquer new markets. over the next five years, he plans to invest 51 billion euros. most of it is earmarked already, all with one goal in mind, to be the leading auto maker by 2018. toyota is the current market leader with new vehicle sales of 7.8 million last
PBS
Feb 17, 2011 6:00pm PST
alike than different. i used to laugh when people used to say, "red china will go to war because they care less about their people". what? you mean a mother in red china cares less about her daughter than a mother in america? that's absurd. i've never met a person--even a terrorist--i've never met a person who wanted to die. never met a person. i've never met a person yet who said they liked war--beyond the crazies. so we all want to live, we all want to eat, we all want security. why can't we get that? buckminster fuller used to say, if we ever had that, we could do it all. there's no reason for any person in the world to starve. none. they burn wheat in one state, and someone starves somewhere. that's crazy. if you came down here from another planet, we're nuts. - one last question. tennessee williams wrote-- i believe it's in his memoirs; i'm reaching back here, but he wrote something where he pointed out that as a young man he was walking in a crowd one day, and he suddenly realized it powerfully, and he was only one in a crowd, and that realization liberated him to write. did som
PBS
Nov 18, 2010 6:00pm PST
, including china, russia, and iraq, said it will not be attending the nobel peace prize awards next month in honor of china's liu xiaobo. the nobel committee says the diplomatic pressure is unprecedented and fears it may not even be able to hand out the award at all. >> there is little likelihood that nobel peace prize winners liu xiaobo or his wife will be able to travel to oslo. in december, 2009, liu xiaobo was sentenced to 11 years. his wife has been under house arrest since october. >> we do hope we will be able to present the prize, but most likely the award winner will not attend, nor his wife or two brothers, and if no one will attend, it might be that we will not present a prize this year. >> that would be very unusual in the 109 history of the peace prize. in the past, representatives have turned out to accept the award on behalf of the winner. in 1975, bono, wife of the russian nuclear physicist andrei sakharov. suu kyi has now been released from house arrest and we invited to oslo almost two decades after she was honored with the prize. >> a swedish prosecutor has filed
PBS
Nov 9, 2010 6:00pm PST
-growing markets like china and india. >> bold is near record highs as investors look for state -- gold is near record highs as investors look for it safe havens. we have more from this week's g 20 meeting. >> gold has never been worth more than it is now, at least when measured in u.s. dollars. it is thanks to this man, in part. former federal reserve chairman alan greenspan. it was he that slashed interest rates and kept them love -- low. that is when the gold rush began. in 2008, his successor ben bernanke cut rates again and gold is now selling for $1,400. some are asking if the record price may have less to do with the high value of gold than with the low value of the dollar. said chairman bernanke, not only is he keeping interest rates close to zero, he is printing more and more money. the world bank president has called for the introduction of a new gold standard, an idea rejected by many analysts. >> we spoke with an analyst and asked if the current gold prices spur worries about the state of the global economy. >> definitely come up reseat the detriment around the globe
PBS
Dec 29, 2010 6:00pm PST
. interestingly enough, a volkswagen was the day's favorite. they are digesting the bad news from china this week. dimer in the- -- daimler in the negative. >> let us begin in frankfurt. we see the blue chip dax index to end up about 0.3%, just shy of 7000 points. eurostoxx 50 was up. investors in new york are shifting to riskier assets amid confidence the global economy is on the mend. the dow industrials are up 0.3%. the euro is trading for $1.3216. as the german economy recovers, inflation remains in check. consumer prices rose at a base of 1.1% this year. that compares with an average 1.9% annually since reunification 20 years ago. prices of gasoline and heating oil as well as fruits and vegetables rose sharply in value this year, but analysts warn that consumer prices are likely to rise in a faster pace in the coming year as germans receive significantly higher pay raises. a german construction group has moved to protect its credit with lenders as it prepares to lose its hostile takeover battle with spanish builder acs. they need to control at least 30% before they can buy more shares o
PBS
Dec 21, 2010 6:00pm PST
traders are happy and stocks are rallying. china would like to ease the sovereign debt crisis these are mainly shares of export companies. shares of construction companies have been bouncing back and forth. traders were concerned about- trillion parents but they expect much higher price. >> it will stay in frankfurt with the dax index closed up at 777. the leading index of blue chips is up as well. stocks are moving higher in new york amid merger activity. the dow is now up. the euro is currently trading at $1.31. stronger domestic consumption has prompted the hamburg institute of international economics to raise their forecasts for economic growth this year. the institute says that the german economy will grow 3.7%. the covering is that german companies have now recoup about a 3/4 of their losses for the global economic crisis of 2008 and 2009. the institute forecasts the pace to slow next year, however with gdp growth at 2.5%. german model railway maker has emerged from bankruptcy. creditors meeting tuesday, a 99.8% voted in favor of a plan drawn up by the bankruptcy administrator. >>
PBS
Feb 22, 2011 6:00pm PST
participants. china or russia who hesitate more for fear to to do what they call interfering in other countries. probably what we will see is a joint statement. >> thank you very much. the algerian government says it has approved a plan to lift the state of emergency that has been in effect for 19 years. they did not name an exact fine. is was one of the government's first concessions to protest. hundreds of students marched in the capital despite a ban on demonstrations. political upheaval has raised fears algeria could see similar unrest. protests in bahrain have forced concessions from the government there. rulers said they will open dialogue with opposition groups to relief -- release political prisoners. one person called for more serious steps to democracy and the investigation into killings of on armed protesters last week. in yemen, several people are reported injured when fights broke out in the capital. demonstrators demanding the ouster of the president and his supporters clashed with the university. the president insists he will not step down before the end of his term in
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