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tv   Business  Deutsche Welle  July 4, 2019 7:15pm-7:31pm CEST

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the latest news from around the world as well as push notifications for any breaking news also use it to send us photos and videos of. business use or africa without nelson is up next on the back at the top of the hour on albert that long of course as always websites in the middle come of attack. coach of british africa. joining us from africa the world tour link to exceptional stories and discussions from our use of easy to our website do deviled of const match africa have joined us on facebook at g.w.
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africa. the quiet melody resounds michael white of the mood. ready and it soon repeat reasoning when it's on. the mind and the music. being told in 1st bond 2019 from september 6th to september 29th. this is growth across africa in danger as the trade conflict between china and the us seems to show no sign of being resolved economists warn that many african countries are vulnerable especially the chinese economy is hit. the e.u. is creating a free trade zone the south america's markets are nation's opposition is already
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growing. the state of california becomes the 1st in the u.s. to rule companies cannot tell the african-american employees how to wear the hat. this is business africa. as well. economic indicators show many african nations on a good path growth is still solid across many parts of the continent investment from abroad is riding rising while according to new u.n. figures the trade war between the 2 biggest economies in the world is also reverberating through many african economies and has economists worried. that an african proverb says the grass suffers when elephants fight. you know africa many are now worried the trade wall between china and the u.s. could affect the continent smaller and poorer countries hardest of all africa is heavily dependent on global trade and in particular on raw materials exports prices
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for resources like oil sink when china's economy loses steam and its demand for crude oil. that's especially true for north africa gross domestic product growth collapsed during last raw material slump in 2014 and after recovering it's back in the doldrums again the staff are off as a complete contrast it's the fastest growing region on the continent and growth remains stable at 6 percent this year. countries like kenya and ethiopia are driving the boom both of managed to diversify their economies so that manufacturing base is understandable if their own banking structures economists say that makes them more robust especially when crisis strikes. let's talk about this with to be our larkham on who joins with us to the right is a senior economist at the giga institute for african affairs in hamburg to be here
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how dangerous is this what we've just heard for african economies which countries are going to be hit 1st well 1st of all of course any major trade conflict that slows down global economic growth will also affect africa but to what extent it does and whether we really need to expect a crisis of course depends on the negotiations themselves but if the trade conflict intensifies the implications for africa could be severe. however the effects on africa will be mostly in direct and depend very much on the extent to which african economies are exposed to all trades and to complex global value chains so to some extent the fact that many african economies are not as exposed to complex global value chains protects them but what about odds. commodities this is this just about economies who rely on commodities. of course commodities are
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a major avenue through which the trade conflict impacts african countries and we also need to see that china is the single most important trade partner for any african countries so they have particularly vulnerable or just lying to mark from china and on top of that when the prices front for major commodities like industrial metals or oil drop there quite a number of vulnerable countries that are highly dependent on resource exports especially to china and these countries are seltzer don. but also nigeria to name a few. could have an increase in african trade which at the moment is pretty weak that provide a buffer for any business that falls away if the chinese economy slows down. of course it sounds like a very good idea to trade more with one another and the african continental free trade area is a step in that direction the potential is huge as you say because compared to trade
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with non african countries african countries trade very little with one another currently and another sign for hope is that trade between african countries is a lot less concentrated on primary goods which leaves room for value addition of course however what we need to see also is that the continental free trade area is far from being implemented so negotiations still need to follow and we do hope that the trade conflict will be resolved soon who's most to lose if we look at africa china or the us but briefly please. what of course most african countries have no interest in picking sides in the conflict. the us have been losing political and economic. in africa for some time while china has been gaining influence and this is also reflected in trade volumes china is clearly the number one for many african countries so i think the trade conflict might actually further strengthen china's
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influence in africa while way for example is already so firmly established in several african countries that there's no question about which side african countries will pick if they have to. thank you very much thank you. there was cause for applause in brussels this weekly you creating a free trade zone with south americas nations that's brazil argentina uruguay and powerglide bought could the deal be a headache for europe in the coming months or even a fairly vocal opposition suggests ratifying the deal won't be easy. after the celebration comes the backlash french farmers are among those coming out against america's or agreement brussels says it will bring their products to new markets while saving $4000000000.00 euros in customs but many worry about the effects on their local market. and the markets hang by a very fragile balance we add
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a little more volume prices will collapse and if prices collapse there is no life for us. he's not alone similar concerns are coming out of ireland poland and germany a focal point is the e.u. concession to south american beef producers $99000.00 tons at a lower tariff of 7 and a half percent european beef producers say their market is already tight and they'll now have to compete against low cost producers in the eyes of the german farmers association the e.u. is favoring car makers above everyone else. other critics point to brazil where president has slashed regulations since taking office this year new markets for south american products could mean more environmental damage and lower food standards they say trade officials in brussels say the deal abides by the paris climate agreement and speaks to emissions labor standards and even deforestation they say food inspection controls are already in place others warn against the knee jerk reaction when somebody put the sunni's we are not protectionist the reality of
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our country is not protectionism i ask those who are against any trade agreement to explain to me how they will dress eat travel this is the deal still has a long way to go before entering full force it needs approval by e.u. governments the european parliament and 40 national parliaments if the opposition continues any could be a possible point of failure. the u.s. state of california pasta landmark bill banning discrimination against natural has styles of work and in schools the ban and to protect black people with dreadlocks braids twists and locks for his u.s. courts would have changed meaning discrimination laws could not be applied the belt backers say they are changing the course of history. because of hair like this from now on employers and schools will no longer be free to
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discriminate on the basis of natural hair style. black people for this. have always been discriminated against because of travelogues parades afros and they have a kind of style that you can name. that's not a fashion statement for us like that sorry that i am like you're discriminating against me because of my. lawmakers say it was this video of a high school wrestler having his dreadlocks cut off before a match last year that sparked outcry and highlighted the discrimination black people face over the issue. owner says for too long african-americans have been forced to treat their hair to fit in. with my heroes is guilty for only that's what i'm look like and shouldn't have to put on so once 3 years it's not even my year to speak so that makes no sense i'm going to go down the street and buy some american so in my head in the class somebody else come on just so i can get
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a job no california is the 1st state to streeter no discrepancies in equality laws redefining what's acceptable in the classroom and in the workplace. well if you're a man and hate going shopping with still want to look professional and up to date then this next start up could be for you the business itself is still struggling a bit to break even but it's hopefully helped a whole lot of mismatch german fashion failures into more appropriate attire. and you'll hear bush insists he's no fashion expert. on do those shoes match this shirt. but 7 years ago she took heart and founded her online fashion service outfitter e. which helps people choose their clothes. in cars that is mandatory a sickly women founders are seen as somewhat exotic i had no idea of that before hint from the beginning we were constantly being asked what it's like to be
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a female falling quite honestly i thought the question was simply awful because i didn't want to be of women found out i wanted to be a founder it took a while for me to grasp that it also offers me the chance to be a role model to say to other young women just do it have faith in yourselves. outfitter has already dressed a 1000000 customers and employees 450 people most in berlin but unusually this primarily women run company focus is entirely on men. behavior and profit because we simply saw greater demand with the men in as far as in most shops the men's department is out the back door down in the cellar and so there was simply a giant market potential for us with women of course it's much more competitive competitive over 200 fashion counselors advise outfitters customers on the telephone they asked detailed questions about what colors and styles the client is
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looking for if they don't actually tell a client what they're sending him however returns are rare. helio bush is only in her mid thirty's and she started to accomplish much more she plans to expand across europe beginning in france as part of its expansion strategy outfitter is also going into offline retailing it's just opened a studio next to its stylists office where men can now get personal clothing counseling on location but only by appointment very discreetly and a long way away from loudon packed out shopping mall. yeah. that's it from me in the business africa and the other end for more business news go to our website dot com slash business.
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for you on facebook and twitter us up to date and in touch follow us. that 77 percent. are younger than 65. that's me and me and. you know what time off voice is.
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the 77 percent talk about the. front part of the flash from housing boom boom town this is what. welcome to the 77 percent. this weekend g.w. . the for. this is g.w. news africa coming up. in the next 15 minutes the struggle to rehabilitate fighters from one of the world's most violent militant groups have terrorized east africa for many years killing many innocent people but some have turned their back on the minutes and group and somalia is offering them a chance to rejoin society you spoke exclusively to some former military is trying
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to come to terms with a violent paused. at the gun may and there's 10 years ago was not able to look after himself because of his bipolar disorder.


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