Skip to main content

tv   Business - News  Deutsche Welle  December 27, 2018 2:15pm-2:31pm CET

2:15 pm
it watching these other news coming to you live from berlin a monica jones will be here in just a bit with the business the u.s. it's a mixed picture on the world stock markets other back at the top of the hour with more news endorsed him forget all this get lots more on our website that's g.w. dot com they can also follow us on twitter and on facebook they would have been yours if you can. i'm secure that the i work that's hard and in the end this for me you are not a lot of the year and more we will send you back. are you familiar with this. with the smugglers would lie and say. what's your story.
2:16 pm
i mean what numbers of women especially in victims of violence. take part and send us your story we are trying always to understand this new culture. another visitor another guest you want to become a citizen. in for migrants your platform for reliable information. asian stocks rebound after a bumper session 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 co-produces worry about the negative side of state
2:17 pm
interference. and a woman on a mission kalahari devi equips the villagers of the indian state of water project was toilets. welcome to do business i want to go jones in berlin good to have you with us u.s. president donald trump is considering an executive order that would bar u.s. companies from using telecommunications equipment made by china's way and z t e it would be the latest step by the trump administration to count two of china's biggest network equipment companies out of the u.s. market 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
2:18 pm
a record shattering rally on wall street where the dow jones gained over a thousand points on wednesday that's a five percent and one of the strongest days 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 dock 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 it didn'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
2:19 pm
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 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 concern your mentioning zaf 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 bought in frankfurt thank you so much. well german companies have mixed feelings about business prospects in twenty
2:20 pm
nineteen their biggest concern is the export sector which could be impacted by the ongoing trade spat between the u.s. and china and of course the upcoming brics it's a survey by the german economic institution which i dealt with 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 in 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 also in the mirror of the business climate the business
2:21 pm
climate came down during the year two thousand and eighteen or so ray on economic runs which makes clear this is all to chew for two thousand and 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 the international market on 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 new discussions between the european commission and italy and also some problems in front so that the the risk from international scene are rising and there's a most. porton for the press climate whenever our own economic situation is and
2:22 pm
certain we tend to invest less what what state german companies and when it comes to investment this is an interesting point when we look in our server to see 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 ploy and decide something to do with the fact that there are some decoupling between the investment activity 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 with 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 less and as you know the german brand you have to invest
2:23 pm
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 digitization but everybody knows that he has to in west in the infrastructure in the human capital you need for the do the transformation all right miss and 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 freddie 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
2:24 pm
a monopoly it would mean a fixed price and that would be devastating for growers there has to be supply and demand where everyone buys and you sell to the one with the best products. in the drones as truckloads of his cocoa were held by the government and when they were released some 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 the fish at the checkpoint. our aim is to break up the gangs and when we speak with 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 but 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
2:25 pm
than still it and that means even fewer exports going as well. the luxury of having a toilet in your home or at least in your community is still 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 which up reddish. the biggest child killer in india is diarrhea it's the result of the country's poorest and it tastes and over half the population has no access to a toilet very modern. is. very to india's that live side by side in our country one is for the prosperous 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
2:26 pm
because they live in the constant fear of their houses being demolished. or there are. so many government out there but i mean come on going to demolish go there go there as a young girl. arrived in the bustling industrial city of khan poor forty years ago conditions there shocked her and never. used to live like them and. there was a tiny pond that everyone used to go to father's doors his everybody ended up going there because there was nowhere else to go. there was a time when no matter where 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
2:27 pm
a toilet. two holes need making one here and the other over there. two pipes will pass through each opening one fills up the second one remains shut. poor rural communities struggle with the same problems as urban slums. talking about my ideas look we should consider all salsa necchi that we have the space here to build toilets for the big cities and 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.
2:28 pm
her. colleagues lawyers. car culture. car hair. superman. superfood stylish dialogue gone don't let overs.
2:29 pm
lifestyle you're wrong. the moment. the form. natural richard something. precious resources. and a rewarding investment. farmland has been called ethiopia's. the country has an abundant supply of leases it to international preferred giants government to drive export revenues and the corporations high profit margins. but not everyone benefits from the booming business. of giving when i saw the bulldozers clearing the land i was devastated can get me to how could they bulldoze the land without my permission and what they knew would belong to me.
2:30 pm
expropriations environmental destruction starvation. the price of government into corporate crime and. the selling out of a country. that don't use fear no i mean you know it. starts december twenty ninth on t.w. . welcomes a year max thanks for joining us for this seasonal special week today we focus entirely on when tess who isn't drink so let's have a sneak peek at some of the stories coming up. by gemini
2:31 pm
jumping on the british t.v. tradition. dipping in.


info Stream Only

Uploaded by TV Archive on