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tv   Business  Deutsche Welle  July 4, 2019 8:15pm-8:31pm CEST

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but the afghan abuse scandal is a reminder of the long road ahead. this is day w d w business africa with alpha's is on the way more world news at the top of the out in the meantime of course there's always the web site that's d.w. dot com have a good day. and i'm. glad. i am i am. 15 years since the. jeep was the 1st man to walk on the. hardware. as a small boy she dreamed of the stars. as
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a pilot she says anything no matter how dangerous. are going up. as an astronaut she took part in the greatest adventure in history. armstrong was his destiny starts july 20th on t.w. . 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 in the chinese economy is hit. in the u.s. creating a free trade zone with south america's marcus' a nation's opposition is already growing. and the state of california
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becomes the 1st in the u.s. to rule companies cannot tell the african-american employees how to wear the hat. 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 robert according to a new un figures but the trade war between the 2 biggest economies in the world is also reverberating through many african economies and has economists worried. an african proverb says the grass suffers when elephants fight. you know africa many are now worried the trade war 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 east africa offers 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 set at manufacturing bases understandably so 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 one of john's minister your rival she is a senior economist at the guy institute for african affairs in hamburg to be here how dangerous is this what we've just heard for african economies which countries
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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 absent. commodities this is this just about economies who rely on commodities. of course commodities are a major avenue through which the trade conflict impacts african countries and we
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also need to see that china is the single most important trade partner for any african countries so they are particularly vulnerable to slowing demand from china and on top of that when the prize is 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 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 got 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 flight. 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
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further strengthen china's 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. the most because for applause in brussels this week we you creating a free trade zone with south america's market nations that's brazil argentina uruguay and powerglide boss 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 war 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 a little more volume prices will collapse and if prices collapse there is no life
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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 b. 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 of bides 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 it shouldn't we are not protectionist the reality
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of our country is not protectionism i asked those who are against any trade agreement to explain to me how they will dress eat travel so 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 to failure. the u.s. state of california as foster a 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 argued had come be changed meaning them to discrimination laws could not be applied the belt backers say they are changing the course of history. c because of him like this from now on employers and schools will no longer be free to discriminate on the basis of natural hair style. black people specifically who
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have always been discriminated thank and because of travel angst parades. and every kind of style that you can. 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 hearing this is guilty for only that's what i look like and still 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 here install it in my head in the class somebody else come up just so i can get a job no california is the 1st state to streeter no discrepancies in equality laws
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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 to date then this next start could be for you the business itself is still struggling a bit to break even but hopefully they've helped a whole lot of mismatched german fashion failures into more appropriate attire. nearly a bush insists she's no fashion expert. on do those shoes match this shirt. but 7 years ago she took heart and founded her online fashion service out fishery which helps people choose their clothes. in cars that men have to basically women founders are seen as somewhat exotic i had no idea of that before hand from the beginning we were constantly being asked what it's like to be
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a female. 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 that employs 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 to 1st 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. yes. that's it from in the business africa seen here and at the end for more business news go to our website w dot com slash business.
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more intrigue international talk show for journalists discuss the topic of the week for the world one person is forcibly displaced nearly every 2 seconds that amounts to over 70000000 people claim to safety often risking their lives property refugees from rescue for the topic of china. quadriga
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60 minutes. if you ever have to cover of a murder the best way is to make up accidents raring to. remember read a book might just. missed. the streets. this is student news africa coming up in the next 15 minutes the struggle to re have been detained fighters from one of the world's most violent militant groups al-shabaab 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 form of militants trying to come to terms with a violent possed. god may in those 10 years ago was not able to talk to himself
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because of his bipolar just.

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