tv Business Deutsche Welle May 8, 2019 11:15pm-11:31pm CEST
you know we know that just officially it's been a really cathartic moment for them. she is in poor health she's been on ice in isolation for ten years we know their mental state is affected by that she's been exhibiting symptoms. that will be similar to. dementia depression and if she will only create when she gets to canada when i can see the kennedy family i just very hopeful for the future and looking forward to a new life for freedom and in canada. you want to do w. news to double your business because up next. what secrets lie behind these families. find out that our city experienced and explored fascinating cultural heritage sites. the d.w. world heritage three sixty get you. to curious.
yourself. going to go back to channel subscribe to can't miss out. sometimes books more exciting than real life. bring to free. what is there is no escape. ritualised. and plus street. no easy ride as uber gear is up for its ninety billion dollar i.p.o. in new york the company's drivers are striking for fairer conditions are around the world. also on the show detained while away executive a man one joe tries to avoid extradition to the u.s.
in court while washington wraps up the rhetoric against the chinese taxi. flyer. and belt tightening during ramadan soaring prices in algeria mean many families are struggling to afford the traditional sunset feast after fasting. bookham to d.w. business i'm joined now on in berlin thank you very much for joining us over drivers in australia the united states england and south america have gone on strike they say they want to send a message to before it becomes a publicly traded company on friday they're striking for livable incomes job security and regulated fares to date it's the biggest internationally coordinated effort against the ride hailing startup. as defined the same just has been driving for since twenty fifteen but today she switched off her app and went on strike.
because of the low rates pays she can no longer make ends meet. live for us. who are as good as i could i was able to make probably. i would say. he's over a thousand dollars a week and still have two days off. so. it seemed to make sense at the time but has steadily decreased her income so she's been on the road in los angeles every day since the beginning of the year no weekend off no vacation as to funny is demanding the same rights as employees such as a minimum wage overtime unemployment insurance and paid sick leave but labor and rival lift say their business model would be quote adversely affected if drivers were classified as employees and not as independent contractors. both
the left have said that the greatest threat to their investors is driver dissatisfaction they know that they're paying too little to keep drivers satisfied and keep their industry functional and so in new york both hoover and left have been mandated to pay twenty dollars an hour they're still in operation there we think they could do it in los angeles and in other cities. but even in the big apple there are protesters the independent drivers killed organized a caravan of drivers across the brooklyn bridge here many slammed move to develop driverless cars afraid of losing their jobs. as tokens of goodwill goobers offer drivers cash bonuses ahead of going public but that hasn't been enough to appease the broader pool of workers here in new york or as too funny in los angeles. the wall executive detained in canada has been back in court to try and seek a stay on extradition proceedings. the u.s.
. chief financial officer of the chinese type supplier while way and its founders daughter was arrested in canada last december at the behest of the west she's been under house arrest ever since but could move freely wearing an ankle monitor here she is seen earlier leaving her accommodations to go to court she's accused of fraud relating to rein in sanctions violations but her case has infuriated china which meant tains that it is politically motivated. now the u.s. and china are not only embroiled in a trade dispute there's also the u.s. led push to get its allies to exclude while way from the building of their super fast five g. mobile networks on a visit to the u.k. u.s. secretary of state mike peo warned against what he sees as a threat of chinese influence over digital infrastructure as a matter of chinese though the chinese government can rightfully demand access to data flowing through redway and c.t.e.
systems why would anyone grant such power to regime that is already crucially regulated cyberspace its official security rupie the united states brochure certain information with trusted networks this is exactly what china worlds they want to describe restroom alliances through bits and bytes not but it's unbearable. joining us as a young carter our markets correspondent a wall on wall street now makes case has been almost inevitably linked to the u.s. china trade conflict as well as the lao washington led campaign against china's weiwei how much will their case ultimately mean for u.s. china economic relations. well probably at this point not that much what we saw on a wednesday was just the prelude to this trial is going on four months from now of even four years and well overall china and washington are hoping to settle their case. much earlier talking about the trade deal so we do have the
chinese trade delegation in washington on thursday and on friday and it seems to be wide open if a deal can be reached u.s. president donald trump tweeted that well the chinese delegation is here to go back home with a deal but if they will get that remains a wide open but donald trump has also once said that he would intervene and then once those case if it would help get a trade deal between the u.s. and china is there any development on that well not at this point and as i pointed out it will take quite some time to really settle this case so i'm really do not think that ms wings future is connected to closely through the trade talks between china and the u.s. by the way the stock market overall is quite hesitant so we are really waiting for
the outcome of the talks that will happen now on thursday and friday a game of wait and see on the markets thank you very much carter on wall street there for us. u.s. president donald trump has signed an executive order imposing fresh sanctions on iran steel iron aluminum and copper industries the country's metals sector provides much needed foreign currency earnings for its crippled economy the latest sanctions appear to be a response to iran's threat to enrich uranium stockpile if world powers fail to negotiate new terms of the twenty fifty nuclear deal the u.s. pulled out of the deal a year ago but european nations among others stayed in. a chinese energy company has just signed a deal worth more than a billion dollars to recover natural gas from iraq's giant oil field representatives from china's c.v. e.c.c. and petro china signed the agreement in baghdad with iraq's ministry of oil the
chinese say the gas processing plant will be able to recover and refine three hundred million cubic feet of gas daily to be operational in two and a half years the deal comes a day after iraq and now and spray fifty three billion dollar energy project with exxon mobil and petro china. across the muslim world the faithful are fasting during daytime for the holy month of ramadan that means that no eating during the day but at sunset fast turns to feast in algeria though political and economic turmoil have triggered runaway inflation making for a leader ramadan. during the day algerian families go to the marketplace to shop for the ingredients to break the remedy down fast in the evening but this year soaring prices mean they'll struggle to buy traditional ingredients for weapons of tomato and zucchini prices are incredibly high. inflation and financial
difficulties are already making it hard for families but prices have increased exponentially in the month of ramadan some shoppers suspect vendors of price gouging that. seventy percent of vendors do not respect the reference price and only thirty percent of vendors do so we want the authorities to force the vendors to comply with the official price vendors say they're being unfairly accused. it's not our fault the problem is with wholesalers in other cities. is no evidence of price fixing the products are simply subject to the rules of supply and demand. however the unprecedented price rises have prompted authorities to launch surprise inspections aimed at getting the markets back into balance. staying on ramadan many in tunisia seek to improve their income
with some of the seasonal jobs that flourished during the holy month for muslims all the markets are alleys and various tunisian cities are packed with seasonal vendors who appear with the president of ramadan it's a period of big business for many people food sales especially sweets all of it and pickles got a special boost at this time. now disease it avengers and game may be on its way to becoming the biggest grossing film in history but it wasn't quite within last quarter's reporting period so it hasn't helped the entertainment companies latest figures does these film profits were down on last year when it had two strong movies black panther and the last guy this year there was only one major blockbuster captain marvel still walt disney recorded better than expected second quarter revenue of close to fifteen billion dollars disney is on a mission to turn into a streaming powerhouse with disney plus with the c.e.o. expects the service to run at
a loss for the first five years. shares in german engineering conglomerate siemens have jumped after the group reported steady profits in the second quarter the results follow its announcement that will it will spin off its power and gas unit the former core of division has come under increasing pressure in recent years as many countries move toward a new opel energy like wind and solar power the gas and power unit is the company's beast lucrative siemens funds to focus on the digital industries and smart infrastructure as well as its health and mobility units. and that's it for me and the business team and berlin for more business news and features you can always visit d.w. dot com slash business thanks for watching. fifteen
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