tv Business Deutsche Welle April 18, 2019 10:30am-10:46am CEST
strings are just around the corner of the giving an inch and you might ask a simple why should i care what the european market is one of the biggest in the one everyone everybody needs to get so watch our special show you elections why they matter to asia you soon describe the local save your money value beyond. the new elections why they matter to asia to date on the jeffe a. clash over cuba there are fresh tensions between the e.u. and the united states as the u.s. allows its citizens to sue european companies who have invested in prophecies seized by the cuban state. from company boss to presidential contender terry goal and the billionaire founder of tilings electronics makeup for scott says it has told him to run for president of taiwan. this is interview business i'm sure how it
was in berlin welcome try tensions between the e.u. and the us may flare up again this time over cuba the white house is increasing pressure on how can i with a new law u.s. citizens who have fled cuba and have property confiscated by the cuban government cannot take legal action against foreign firms and individuals who use those properties the decision could affect many companies that have businesses interest on the caribbean island. the new u.s. restrictions on cuba are set to effectively keep foreign investors out of the communist country today we're holding the cuban government accountable for seizing american assets were helping those in the regime has robbed get compensation for their rightful property and were vats of human rights and democracy on behalf of the cuban people. the cuban people are already struggling with a range of economic and social problems the country desperately needs foreign
currency to pay for imports the crisis in venezuela spilling over every day supplies are becoming scarce or supermarket shelves are empty and people face long lines for basic supplies like chicken cooking oil and eggs. but things could get even worse warns cuban communist party leader raul castro in a speech to the national assembly last week he said his country would never give up its solidarity with them as a way something which has prompted the u.s. to tighten its restrictions on cuba. should the u.s. decide to sanction companies doing business with the caribbean island it would affect thousands of european investors the e.u. envoy and have bene protested a little we believe that this will harm us all that it will be self-defeating obviously this will create even more confusion more deterrence and more confusion for foreign investments and. for the e.u. the change to u.s.
policy on cuba comes at an awkward moment just as brussels prepares to negotiate a trade agreement with washington spain which is heavily invested in cuba says it wants the e.u. to challenge the u.s. move at the world trade organization. i'll speak about trade agreements the u.s. and china seem to be moving closer to one top u.s. trade representative steve nugent are reportedly preparing to visit beijing next week for top level talks. aimed at ending the trade dispute but some sticky issues remain the u.s. says beijing plans for a state backed companies in robotics and other tech sectors violate its commitment to open up the chinese market media reports a final agreement could be slated for late may early june. imus and as throwing in the towel in the fight for a share of one of the world's biggest online markets says it is pulling out of china the company is closing its online store there on july eighteenth it's
a significant setback for the online retailer company has struggled to win customers from ali baba and j.d. dot com even after investing in warehouses and data centers in china it's a strategic move on let's say i was in a seat in china so it can focus on india where it stands a better chance of becoming the dominant player. in the beleaguered indian carrier jet airways has grounded its entire fleet causing its shares to nosedive by a third the allen was until recently india's second biggest carrier by market shab jet airways has more than a billion dollars in debt over his money to suppliers and thousands of employees who paid been paid for months it was already in the trolls the airline led by the state bank of india is looking to sell a controlling stake in jet airways and has short listed for potential buyers into the it's how their way is which already owns twenty four percent. now from company
boss to presidential contender we've heard that story before terry go the billionaire founder of tavernise electronics make a fox call has said that he's stepping down from his post to run for president of taiwan already the richest man in the country he now wants to become the most powerful and he hopes for some divine intervention. mean i'm foxconn chairman terry goos run for president is divinely inspired at least that's what he said in this temple to the sea goddess matsu he claims that matsu came to him in a dream encouraging him to step up for the taiwanese people that's quite an indorsement as it is but it has close ties to china that may get him on the ticket he plans to run in the primaries of the opposition kuomintang party but stresses it's not a done deal yet. i am willing to participate in the primary elections. for we did i am not willing to accept being appointed without being
elected. if elected i will represent the kuomintang in the twenty twenty contest or forty. if i am not elected it means that i didn't try hard enough. you can look up the court mean tongue favors closer relations with china where foxconn has a dozen factories with more than a million employees making it the largest private employer in the country it's a challenge to taiwan's current more independence minded government at a time when relations between taipei in beijing are strained is. a correspondent joins us now from paid so what can we think of a man who tells us this see god as mark soon tells him to run for president and what actually qualifies him his success as a fox. years ago terry
clare and the sea goddess madhu told him in his dream that he should run for president next year of course it's just a way to legitimize his intention and in fact yes been thinking over it for quite a while and as the richest man in taiwan and the c.e.o. of us con. is called taiwanese version of the trump and he benefited from the view in taiwan after the presidential victory of donald trump that trump was a successful businessman with no prior political experience and two in public takes and with lots of investment in china and the u.s. who has been building friendly relationship with both chinese and u.s. government officials however his pro china image should make people doubt if he could run taiwan's government independently it beijing pressure pressures him but he adds that they only want to promote peace and prosperity between china and taiwan but you mentioned the close ties business ties that he has to john is
cozying up to taiwan's a mighty neighbor the right way to go for the country maybe. well i guess the economic influence from china still plays and very important role the chinese government they are trying really hard to lure more tiring his talent to china with with his strong economy at the same time beijing also wants to strand of ties between china china and taiwan after the pro independence taiwanese president took office in two thousand and sixteen and now with lots of people concerned about the nomic development in taiwan is coming as a very possible candidate because he is good at doing business and many people know it however his company fos com has has come under fire about its working conditions and higher suicide rates in china over the years so he is controversial at some
point will taiwan really prosper if he rules i guess only goddess of the sea you would know the answer to the question thank you very much. back to europe now where the race to build the best electric hybrid car is on this one contender coming out of croatia content was made by automobile a few months at the start up run by a team of young croatian engineers competing with the heavyweights like tesla b.m.w. in the battle for the hearts and minds of the environmentally conscious fast and furious have a look. it boasts twelve hundred horsepower and can accelerate from zero to one hundred kilometers an hour in a mere two and a half seconds and with the top speed of more than three hundred cam age the electric hybrid cars speculation automaker remounts are among the fastest in the world there assembled by young croatians and marketed by
a team headed by marta long in. the main difference between the mats and another manufacturer is that where still quite a small team we're still very quick so we act and we. started with the electric power trains we didn't shift from one of the phonology to another so from combustion engine show electric but we this is this was our work from the beginning . we are still very much a rematch founded the company ten years ago when he was twenty one pounds back then he was an innovative thinker installing electric engines into all b.m.w.'s. today remotes out to believe headquartered near zagreb employs nearly five hundred people the engineers develop the cars from scratch with all components created by the company the cars are limited editions after all are remotes can cost up to a million euros the innovations have attracted investors porsche and to chinese
companies own stakes in remounts they want to profit from the technical know how of the croatian firm now are we. still a big one of production we will never go must market not of the cars not with the components but we will go bigger so currently we are able to supply hundreds of units of batteries. electric motors and systems re much as an exceptional kind of business in croatia tourism is the main pillar of the economy here economic recovery has been slow compared to other eastern european members many educated young people are emigrating and croatian entrepreneurs have a bad reputation. well the culture sometimes leans toward center premier was being kind of peeves dishonest because of experiences in the transition process in the
night is in today's a lot of corruption scandals that happened recently and during the ninety's. still despite offers to move production abroad remounts is sticking with its location in croatia it's currently planning a new factory with production lines for batteries and power trains and with c two hypercar. or just that's it for me and the business team here and berlin for more business news a lot of background stories check out. now to interview robin merrill is next with us and culture right after this quick look at a blow for. bursts
interactive content teaching the next generation into protection. using channels available to inspire people to take action. and rise of turning something new for next generation gloom monday as the environment series of global three thousand on t.w. and online. welcome to our culture french president amount of oil mccraw wants not completely restored in five years can it be done that's a question i'll be asking one of europe's top restoration experts in just a minute also coming up. the reigning queen of pop and of marketing beyond say drops a new surprise album at the same time as the new documentary is released. and
why does sweden's connect fruit contain ink from a squint and has it gets a crunchy our resident baking expert a new correspondent has the service. and joining me now in the studio is professor young of iowa from the university of plied sun says in pottstown why he's the professor of restoration and conservation thank you for coming in obviously shocking pictures for us all a monday night but the good news if you like is the towers have survived indeed a lot of the main structure of not to dom has it seems. what do you think is going to be the most difficult part of restoring this gothic monster piece i think after having overcome the talk the main thing. tossed will be to get an general overview of the losses and the damages to kill it.