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tv   Business  Deutsche Welle  March 20, 2019 7:30am-7:46am CET

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the rebel army and in the one nine hundred ninety four genocide wasn't when total in the room there wasn't really cause to be even thought out need to reinforce a controversial leader whose success is beyond question the good time coming and wanted tragedy starts april fifth on d w. a major court decision in california with major ramifications in germany jurors have once again linked the herbicide round up to a man's cancer this time in a case that could open the door to many others like it bad news for germany's fire which cell phones the herbicide maker on sound so. fans another about face from taiwanese manufacturer foxconn which says it will complete a facility in the american midwest but will be worth the financial incentives the state just promised. also on the show folks wagon
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a german national football team joined forces at a time when both could use some good press. i'm stephen beard zimbra len thanks for joining us. a jury in the united states has found that buyers we kill or round up was a substantial factor in causing cancer in a seventy year old man this is the second time their jury has found that round up that the round up ingredient life of glyphosate rathore cause non hodgkins lymphoma roundup is made by us for months on so which is owned by german chemical giant buyer the landmark verdict could affect thousands of other of of other cases of buyers that it was disappointed with the jury's initial decision the case now moves to a second phase to determine the company's financial liability and damages. and let's turn now to our financial correspondent conrad boustany standing by in frankfurt conrad what could be buyers exposure to this case. it could be
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huge because obviously the line of defense of fire in this case has failed now the second phase as you said. this court case is open and you know eleven thousand more than eleven thousand more lawsuits in the united states pending against fire all of them about the potential cancer causing off this week kill or life was saved or glyphosate. amount of money that bio might have to pay eventually is enormous and it's very difficult to conceive at the moment how much it will eventually be. know by required months on so for about sixty three billion dollars last summer did they know at the time how much legal exposure the company faced. well many investors believe they didn't share price of fire at the moment is about thirty five percent lower than it was before the
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takeover was announced about two thirds of those losses twenty seven percent occurred after last august's which was remember when we had this first court case in california. was obliged to pay the huge amount of two hundred eighty million us dollars in damages this amount was later reduced to seventy eight million it's very difficult to conceive that executives of buyer had this kind of risk on them mines when they decided that taking over monsanto might be a good idea and i'm sure it's on their minds now conrad who is in there for us in frankfurt thank you conrad. toni's tech firm foxconn now says it will complete the final manufacturing phase of a massive facility in the u.s. state of wisconsin the company had said it was abandoning its original plans to assemble large l.c.d.
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screens there citing a change in global markets the made it more expensive that shift was a black guy it's wisconsin and a blow to residents who felt like they've already sacrificed enough for the company . for the residents of mount pleasant these frozen prairie's now feel like a field of broken dreams this is the spot the moho knees chose to build what they thought would be there for ever. but then taiwanese electronics giant folks called moved in forcing most of the neighbors out this is our view to the west used to be a beautiful cornfields and well maintained beautifully landscaped houses now there's only one left and that will be gone soon folks call him came to the state of wisconsin lured by an unprecedented four billion dollars in incentives from taxpayers' pockets in return thirteen thousand blue collar jobs were promised manufacturing flat screen t.v.'s that was a year and
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a half ago those jobs have yet to materialize now building walk appears to be at a standstill as in mount pleasant the bulldozers have already been and gone photos are all that remain thriving farmland the authorities declared has blighted and hindering the growth of the community they say they paid a fair sum for the properties came home he sees the move is illegal they threaten us based on what i call fake plight and they ended up eventually blighting the entire twenty nine hundred acre project area. but i had done a lot of research and realize that everything they were threatening was not allowed under wisconsin law the moho nice food hot to stay but more vulnerable members of the community were not able to hold on off an hour's drive but a world away from the concerns of the mt pleasant residents the city of milwaukee where foxconn has also made its mock at the chamber of commerce pictures of the day
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the deal was signed up proudly on display president tim she admits that despite all the up people exactly what will be built at the folks. onsite is now unclear what we see today is a developing and changing story as the industry for making screens and panels changes so that original investment is going to change we understand today that they'll be making smaller screens likely less of a capital investment the folks qandil was meant to herald the start of a midwest a manufacturing renaissance a factory complex president trump paled as the eighth wonder of the wild instead mt pleasant residents are left wondering whether they're the ones paying the price for a deal gone wrong. and the correspondents on one so joins us now from taipei taiwan where foxconn is based so foxconn now says it will complete the manufacturing
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portion of the plant do we know how many jobs we're now talking about well it's just like they're all regional plan fos can claim they're going to create thirteen thousand jobs in wisconsin but many aspers i talked to really doubts it all in fact the company has set up rationed there and for the information we get that not only that they missed their hiring talk it's for the first year work to hire workers hired they're also noticed something very wrong for example their pay were supposed all and a lot of them were not so sure if they'll be hired full time later on many promises were just not materialized so we really don't know if i can do what they claimed to hire so many workers there in wisconsin now foxconn has faced a lot of criticism for backing off its original plans what's the company's side of what it's done. while the bland the change of the local governments
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they and the new democratic governor has put their deal aside and they also talked about what the deal will be a win win cooperation and that is for them to get the four point five billion dollars total in government subsidy and at the same time they also have to fight what kind of technology they will use for new factories in order to compete with overseas manufacturing in china and mexico so they're just many uncertain factors they said they can control briefly any lessons from this project while i think we have to understand that party like this is very complicated it's not just like let's say let's puta factory here and that's all we really have to really think about for example if there is the supply chand there to support whether the business will be successful and i think that the most important lesson will die from this. joining us from taipei thank you in arguably one of the biggest ever entertainment industry acquisitions disney has
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finalized the purchase of rupert murdoch's twenty first century fox the deal brings mickey mouse the simpsons and star wars under one roof together it's costing the hollywood entertainment giant more than seventy billion dollars disney is hoping to better arm itself in the battle against rivals such as amazon and netflix it's also planning to launch its own streaming service later this year. germany's national football team and its top automaker volkswagen both have made mistakes for one an early exit from the world cup for the other a much more serious diesel emissions scandal both are still rebuilding their images and now the two are teaming up hoping to sell more cars and more jerseys and burnish their reputations to new partnership takes the pitch for the first time wednesday with a match against serbia. the look has certainly changed the new outfit may be a step toward polishing up the w.'s image and that of the german football association the d.f.t.
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a country. may well succeed now studies show that its involvement in football so far has had a positive effect on v.w. z. image for example soccer fans right the v.w. brand is more sustainable or of higher quality than soccer enthusiastic. it's plain to see it. has been sponsoring soccer teams and events for some time the carmaker supports the bundesliga soccer teams both men's and women's from its headquarters involve score. and v.w. is on the ball internationally sponsoring u.s. soccer teams too. but the sponsorship of the german football association with its national teams is the crown jewel in the portfolio for which it's reportedly willing to shell out as much as thirty million euros a year. beyond that judy because of course they are goal is to sell vehicles and all from the ability to the customers and the deal with these associations and
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clubs but we also want to accompany the german national team in the coming years back to the heights they once had that's the goal for the euro twenty twenty. runs its run says the d.f.t. can use those millions from v.w. its coffers are less full than in the past the association is dealing with scandals of its own over germany's bid for the two thousand and six world cup that's already cost a lot of money with demands for back taxes still on the cards analysts say that is the main reason for the abrupt change of sponsor after forty six years with mercedes. the new team bus now comes from v.w. subsidiary m. a n. times have changed and the d.f.t. leadership is pinning its hopes on its new sponsor. over the thought i believe that v.w. is an authentic honest partner they don't just say it. they also live it and they were real potman to saka and i think the days old scandal is a general issues. if it wasn't just folks who are going to grow the car industry in
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general and it wasn't an issue for us too much easier. in the d.f.t. both want to return to their glory days but they'll have to work hard to get there . and that's it for me in the business scene you can find out more about these and other stories on our website dot com slash business stay tuned to d w right after this quick check on global markets robin merrill has all the latest from the worlds of arts and culture thanks for watching.
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what secrets why behind the small. find out in an immersive experience and explores fascinating cultural heritage sites. w world heritage three sixty. nixon tried to convince.
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the kurds we're going to fight to stop. the party. around the world. every week w. hello and welcome to news from the world of arts and culture with me karen homestead spanish painter pablo picasso is credited with reinventing art in the twentieth century and under the watchful eye of one of his later muses will keep him warm while i tell you what else is in store for today. israeli television on a role t.v. drama series like i would up for prisoners of war are not only internationally successful but they're also some of the most adapted on the market look into why
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the israelis have such a knack for beans for the t.v. . but first to picasso an artistic rebel who set new standards in so many forms and was so prolific that you can find multiple exhibitions of his work across europe at any given time for instance his early blue and rose periods currently showing in basil's witsel and but less well known are his later works when his focus was increasingly on one single woman and the museum in potsdam has the goods. was. it was it her eyes. her nose her high cheekbones public picasso is believed to have painted his beloved wife shot clean more than any other model some four hundred times and that's not even including the numerous portraits which are not named for her but whose features are clear.

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