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tv   Business  Deutsche Welle  April 17, 2019 3:02am-3:16am CEST

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an intelligence but denied knowledge of the operation. a sales will slump but the world's biggest autumn archerd carmakers try electrifying chinese buyers for their latest offerings at the shanghai motor show also comes to lawmakers in the united states of. other lenders looking for money from russia that might have swayed twenty sixteen presidential election and washington pardons to its stance towards cuba threatening european companies doing business there. good to have you with us china's car market needs a jump start sales fell and twenty eighteen the first time in decades which has left many car makers scratching their heads the same time leadership in beijing is pushing hard to make china
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a model case for immobility for big brands that means they need to poor big money into fresh markets and industry giants like falsifying it is a billion dollar bets one that has to work if you don't use thomas my felt reports from the shanghai motor show. the id rooms might still be a show car but the electric s.u.v. will be built and sold in china starting next year later the usa and europe will follow china is to become the focus groups leading market for electric mobility millions of cars will roll off assembly lines here. china real be the motive power house of the future electric cars fully connected cars all their technology enterprises working very closely together here we are a very important part we have eighteen percent market share in the group of fourteen alone. so we are strong pillar of the cell to motif industry the wolfsburg company one. to counteract the declining sales figures in the asian giant with
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a completely new car brand for china the jetta this inexpensive v.w. was designed especially for the chinese market for the equivalent of ten thousand euros the sedan or s.u.v. will reach completely new groups of buyers eighty one percent of those first time by us so when we want to a trick new chinese customers who have the first time in their life and chance to buy a car into our group environment then this is the place to be skoda is placing all its bets on s.u.v.s in china and starting next year all skoda is will be available as e-cards still the mood at the fair has been dampened by the current weakness of the market. you know a first to. be kate's off. growth the first decline after the ninety's and we have already be information that the market will pick up again in the second quarter by the end of the year hopefully see
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a normal life situation again the message from v.w. c.e.o. d.c. is clear the fate of the votes wagon group will be just cited in china. and from china to the united states two committees of the u.s. house of representatives have subpoenaed dodge a bank and several other financial institutions as part of investigations into president donald trump's finances and private house intelligence committee chairman adam schiff said that the subpoenas are part of an investigation into quote allegations of potential foreign influence on the u.s. political process which bank has lent mr trump through the state company millions of dollars over time even when other banks regarded it too risky to do so. with more on the story let's bring in i could book oh she's in new york based finance journalist and she's been covering dacha bank and donald trump extensively welcome to the program hi ken what exactly are these house committees looking for here. well any connection that they might find between
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a foreign nation. financial transactions connecting donald trump to foreign nations meaning russia it's part of the big russian investigation that house democrats and democrats have been pursuing for some time now they wanted to look into trump's dealings with deutsche bank for a long time they were not successful in doing that because they were not in the majority they are now with the new congress and so they're using there's the peano powers you know several other lenders have also been subpoenaed on this matter but it seems that proceedings are especially focused on bank why is the well that your bank has been trumped how spunk if you will they have been. working together for decades it wasn't really
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a match made in heaven it was more born out of necessity they needed it other end of the ninety's bank wanted to break in into wall street and become a major player here and it was quite difficult for a foreign bank to do so and donald trump at the same time had lost access to u.s. banking because of its bankruptcy in atlantic city with his casinos which left us banks with billions of dollars on the hook so they kind of partnered up and that has been the case to the tune of two billion dollars in loans but donald strums youngest son has already blasted the inquiry as quote an unprecedented abuse of power how likely is it to yield results. well what might be really interesting for house democrats here is the banks very own russia connection. so the moscow office of the frankfurt lender has been
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caught helping wealthy russians getting ruble out of russia to the tune of ten billion dollars and they have been fined for that with six hundred million dollars u.k. and u.s. regulators. i get both in new york thank you so much. u.s. president trump is stepping up the pressure on cuba washington apparently plans to allow lawsuits against foreign companies doing business and property seized from americans after the island's nine hundred fifty nine revolution the move which is expected to be announced on wednesday could expose u.s. european and canadian companies to legal action dealing a blow to cuba's efforts to track more foreign investment. the tightened u.s. measures would effectively keep foreign investors and their money out of cuba. but
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the communist ruled caribbean island is already struggling with a range of economic and social problems the crisis in its ally venezuela spilling over every day supplies are becoming scarce or supermarket shelves are empty long lines form for a little chicken eggs or cooking oil. shortages in the whole country there are problems we hope the situation will recover you can see that there are more eggs and things but yes there have been a lot of problems that's why they're all aryans that's the first sign. adding to cuba's troubles oil deliveries from venezuela have fallen by half they could fall even further or cease altogether if it is a will a self-proclaimed interim president one who i don't know and his allies in washington get their way. in a speech to the national assembly last week cuban communist party leader raul castro warn the country to prepare for the worst while reaffirming cuba's support for venezuela. we will never abandon our duty
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to act in solidarity with venezuela. we will not renounce any of our principles we will strongly reject any form of blackmail that makes some. cubans are hunkering down to see things through hardship is nothing new to this island nation people here say they'll overcome the latest problems as well. tech giant apple and mobile chip maker qualcomm has settled a bitter multibillion dollar dispute it centered on patent technology that enables apple's i phones to connect to the internet the surprise truce abruptly ended a federal court trial just before it began in two cars apple to pay an undisclosed amount and loyalties as well as a six c. a licensing agreement that likely involves further payments welcome stock closed to trading up twenty three percent of the shares gained.
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the profits of progress have been singing the praises of the new super high speed five g. mobile data systems for months now transmitting data twenty times faster than the current system it will be the basis for everything from south driving cars smart cities to artificial intelligence and yes futuristic farm life we found some really progressive bovine take a look. they may look like regular carols but these dairy free zones are the from in england are internet pioneers the government funded hargreave p.-i center in somerset has teamed up with cisco networks for the five g. rule first project. around fifty of the one hundred eighty strong herd west five g. smart colors and health monitoring it tags. what we're trying to do with five year well fish that we're trying to show that we can have much more than
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a couple of forms in an area actually connected we can connect every cow we can connect every anymore in this farm the cows five g. color controls a robotic milking system when the cow feels ready to be milked it approaches the machine gates which open automatically the device recognizes an individual cow to precisely latch onto its teats for milking while the cow happily munches on a food reward its mardi attack provides location data whilst also tracking health we've got other technology there's one in the here which is the slow boat. that one is worse in the current activity. so that we know its activity and if its activity drops off early indicator that maybe the cows for eating so well the dairy already uses a wide range of technology sensor operated curtains that open or closed depending on the weather and the smart feeding system that automatically delivers food around
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the ban by a ceiling mounted rails and also automated message brushes that rotate when the cow rubs up against them a five g. luxury these ruminants have been quick to utilize. automated mass. that that's a show thanks for watching back at a bar. on
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crunch time for european elections are just around the corner editing is easy you might ask a simple why should i care what the european market is one of the biggest in the once everyone everybody needs to get so watch our special show new elections why fame matters to asia to do service for a local side. to the new elections why they matter to asia. the. computers can be used as weapons more and more people have become victims of cyber crime. because it was an absolute disaster you just don't do things like that to people. and new generation of criminals is making me.

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