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tv   Business - News  Deutsche Welle  December 27, 2018 1:15pm-1:31pm CET

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in case more volcanic activity triggers another tsunami. i'll have more news for you at the top of the i have a do remember you can always check out our website that's dot com for more news and information by phone now. where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one t.v. shadow and if your newspapers when official information as a journalist i have work all of the strengths of many cantors and their problems are always the same or do social inequality a lack of the freedom of the press and corruption work on the fourth to stay silent when it comes to the sounds of humans and seem right to fold who have decided to
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put their trust in us. my name is johnny carson and weren't i d w. asian stocks rebound after a bomb position in the united states but european markets buck the trend to germany's dax trading deep in the red because live to frankfurt for the latest. also coming up venezuelan cocoa producers worry about the negative side of state's interference. and a woman on a mission calabar t.v. equips the villages in the indian state of which are pradesh was toilets.
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welcome to do business i want to go jones in berlin good to have you with us u.s. president to donald trump is considering an executive order that would bar u.s. companies from using telecommunications equipment made by china's way and. it would be the latest step by the administration to cut two of china's biggest network equipment companies out of the u.s. market and united states alleges that the two companies work at the behest of the chinese government and that their equipment could be used to spy on americans. santa claus came late for markets around the globe but in some regions it did show up eventually asian markets made up some ground following a record shattering rally on wall street where the dow jones gained over a thousand points on wednesday that's five percent and one of the strongest days
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for u.s. stocks in history. as european markets were closed for christmas of course they're back in action now our financial market correspondent ali bads joins us in frankfurt now and only from what i hear the dark certainly started to the day in negative territory not looking very good what's holding it back. you know you used the word action i wouldn't describe it that way here and i think the traders are also complaining a little bit about the kind of in between holidays and trading here but what's really gotten them worried and concerned is that roller coaster ride on wednesday this week at the don't just go up wednesday but it went down on monday and what's filtering through is the upsetting impression that pressure on the fed on the independence of the u.s. central bank is for the moment perhaps a little bit less than it was but if the president continues that way it's going to
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be a major concern for the market considering the federal reserve's role in the markets and the economy worldwide and that's what's concerning people here ok a lot of cold certain young mentioning zab just briefly any chance there for a year end rally. i wouldn't rule it out you can never rule it out especially with what went on in the past days but talking to people here no it's not going to come it was a bad year two thousand and eighteen it still is a traitor says and looking at two thousand one thousand it's not going to be better and i think he's speaking for a lot of people here in the market actually boston frank thank you so much. well german companies have mixed feelings about business prospects in twenty nineteen their biggest concern is the export sector which could be impacted by the ongoing trade spats between the u.s. and china and of course the upcoming brics and
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a survey by the german economic institution which i doubt shows that many of the country straight associations lowered their expectations for twenty nine thousand on the upside to germany's domestic economy is robust and the construction industry has benefited from it more on the economic outlook and to the drivers behind it i'm joined now by mr hutto director of the cologne based institute for the german economy good to have you with us professor we do according to the federal ministry of economics the german economy will grow only moderately in the coming year the forecast says one point three percent you have a similar view. i share this view of our forecast as one point two that's nearly the same that means that the high dynamic we realized in the last few years is fading out and we see this all took in the mirror of the business climate the business climate came down during the year two thousand and eighteen or so really on economic branches makes clear this is all to chew through two thousand and
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nineteen so the climate is more depressed than twelve months before what's the reason for this is a geo political or other problems homemade i think the most important to reasons behind the rising uncertainty in international markets and international trade policy and the future of the multilateral order for these world economy and this has a lot to do with the conflict between the u.s. and china are the trump administration is still a risk and we also see a lot of uncertain risk of risk in europe the brics we don't know what will happen in january we have a new discussions between the european commission and italy and also some problems in france so there are the the risk from international scene are rising and there's a most and. porton for the press climate whenever our own economic situation is uncertain we tend to invest less what what state or german companies and when it comes to investment this is an interesting point when we look in our server we see
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that despite of the fact of the depressed climate we see a strong and stable investment activity for the next year as well as in climate this has something to do with the fact that there are some decoupling between the investment to beauty and the promise of one hand and the business climate on the other hand why it's huge is a fact that you have to invest if you have to invest over time to stay in a way to have to be in line vis a digital transformation so there's an ongoing need to spite of the business climate to invest and this is what quite is nearly the same result in twelve months ago investment will stay strong what drives the investment is it perhaps digitalisation yes it's true you have to you have to invest in as and the company level in different ways for the digital transformation of your business model industry few people know as and as you know the german brand you have to invest in the interaction in the networks and the platforms you will use and you will end on so it's an ongoing challenge and nobody knows exactly what will be the future on
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digitization but everybody knows that he has to in west in the infrastructure in the human capital you need for that in transformation all right mission here to there from the german economic institute thank you so much. venezuela's government has been trying to solve the country's beleaguered economy from printing more money to creating its own crypto currency but with little to no effect and now the government plans to tamper with the country's cocoa business cocoa trade us are a lot. of trade or freddy padrĂ³n has had his share of challenges in venezuela has had to deal with highway robberies and kidnapping but now he has another headache the government. the governor says he wants to create a company to export. if he's the only one buying it creates a monopoly it would mean a fixed price and that would be devastating for growers there has to be supply and
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demand where everyone buys and you sell to the one with the best products. are drawn truckloads of his cocoa where held by the government and when they were released from eighty seven tons of cocoa worth around one hundred thirty thousand dollars were missing other traders in his region have reportedly had similar experiences in recent months but the government says it only wants to catch thieves at the checkpoints. our aim is to break up the cow gangs and when we speak with a cull producers they realize that we are speaking the truth a lot of it is just about building trust they were used to a different government that did not get involved that didn't do anything. but the traders are skeptical and some of them now prefer to hold on to the harvest rather than sell it and that means even fewer exports for venezuela. the luxury of having a toilet in your home or at least in your community is still
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a rarity in many parts of india progress is slow that is why davey took matters into her own hands her mission to bring health and dignity into the villages of. the biggest child killer in india is diarrhea it's a result of the country's poorest and it tastes and over half the population has no access to a toilet. every month. is. very two india's that live side by side in our country one is for the prosperous little while the other consists of villages and urban slums. these are the people who are forced to defra kates in the open but their biggest problem is that they live in squatter settlements over which they have no legal rights consequently they don't invest in their homes because they live in the constant fear of their houses being demolished . there are. so many government out there but then
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a couple going to demolish go there go there as a young girl. arrived in the bustling industrial city of can pour forty years ago conditions there shocked her and after. that we used to live like them and. there was a tiny pond that everyone used to go to father's doors has everybody ended up going there because there was nowhere else to go. there was a time when no met away you went you would see feces in the open it was everywhere . clear intolerable plight motivated to start building toilets she raises funds through donations and government subsidies in some cases local citizens even put their own money to build the toilet. i wanted need two holes need making one here and the other over there. two pipes will pass through each opening
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one fills up the second one remains shut. poor rural communities struggle with the same problems as urban slums and well you know i just really should consider ourselves lucky that we have the space here to build toilets open city certain even have that space cull about he davey has already built two thousand five hundred toilets at fifty five she's trying to find someone who will continue her life saving task when she no longer cad. this is your business update thanks for watching. the to. move move move move move. from. the
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to. cut cut. cut. cut cut. cut cut cut. cut cut cut cut cut cut. cut cut. more. entering the conflict zone the fronting the powerful the fastest thirteen years in power in some damaging state election results angela merkel is of course she is visibly waning how no come the wounded and good luck will cling to so call my guess is most young short lived one of the most famous and infamous politicians in germany conflicts so food next fall below for. her. car
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culture. i care. about. lifestyle. first. home tunes of species. for saving. his much on those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world like to use the climate used green energy solutions for reforestation. they create interactive
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content teaching the next generation about environmental protection and we're determined to build something here for the next generation. mundials the multimedia environment series on w. . after thirteen years in power and some damaging state election results are going to merkel's or thirty is visibly waning she's giving up the leadership of the christian democrats but she'll stay on as chancellor my guest this week here in berlin is. one of germany's most famous and infamous politicians a former finance minister for the christian democrats now president of the parliament how long can the wounded. cling on to power.


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