Skip to main content

tv   Business  Deutsche Welle  September 4, 2019 5:15am-5:31am CEST

5:15 am
there will be no. you're watching g.w. news coming up after just a short break t.w. business with john they'll develop. as always you can find the latest headlines around the clock at g.w. dot com or follow us on twitter at. my 1st by say moses sewing machine. icon for all women their phones by this notion for once something as simple as learning how to write them by said poses and . since i was a little girl i wanted to have both eyes i'd lost my home but it took me years to understand there's. finally gave up and went on by me on my side but returns with the sewing machine sewing i suppose was more afro fruit for goes than writing advice as no i want to reach out to those women back home who are bones about it
5:16 am
and social norms and inform them about the basic rights my name is them out of the home and i have more freedom. as the u.s. sets its tariff sights on almost every product made in china u.s. president donald trump says he's prepared to go even tougher leaving investors wondering how much worse it can get. it also coming up in beijing gets back out washington's claims that chinese fentanyl exports are to blame for thousands of opioid deaths in the u.s. . and resilience is becoming a key word in frogs it is. or take you to the hard luck city
5:17 am
a black hole. this is the w. business i'm joined on in berlin welcome a 2nd day of mixed messages from u.s. president donald trump as the latest escalation in his trade war with china continues to weigh on global markets trump has said that the talks with beijing were going well but signaled a much tougher stance should he get reelected in 2020 potentially setting the stage for an even more protracted trade war this follows the expansion of the punitive tariff regime on chinese products over the weekend our correspondent younes court the joins us now from wall street where it's the 1st trading day since those latest round of tariffs came into effect so yes do tell us what has it been like. well i mean we diffidently did see some selling pressure here on wall street more or less everything traded to the downside
5:18 am
some technology shares for example as semiconductor makers are affected by the terror of the trade dispute between the 2 biggest economies on the planet and just if you look back to generally of 2017 when u.s. president gone from took power back then on average should china saw tariffs to the u.s. in the amount of an average 3 percent now we have an average terrace of 21 percent and more tariffs still. actually aim for the latest by mid december so certainly an escalation of the trade dispute and that did not go well down here on wall street. well i can imagine but trump has like to point to china's weakening economy as a harbinger of victory in this trade war but some numbers out today is just that the u.s. is feeling some pain to. hear clearly i mean overall the united states is
5:19 am
a country that does not depend so much on exports as china does the u.s. most the actually benefits from a strong consumer market but now we've got some readings from the industry the manufacturing index number from the industry and those data for august fell below the 50 percent mark the 1st time in about 3 years and everything below 50 percent. and at a slowing economic growth especially in the manufacturing area here in the united states and that actually even put some more pressure on stocks. down by almost 300 points and what we see is that a lot of companies was all the trade uncertainty a lot of those companies are not investing and that actually causes the slowdown here in this area. not exactly your dictionary definition of
5:20 am
a victory thank you very much yes carter there on wall street for us. now a tense relations between the world's 2 biggest economies go beyond a trade war washington has also consistently blamed china for sending huge supplies of the extremely potent opioid fentanyl to the united states causing thousands of deaths beaching says that's baseless paramedics in western pennsylvania are checking they have enough medicine available during the shift for people who've overdosed on fentanyl the synthetic drug is 50 times stronger than heroin and kills thousands of americans every year. u.s. authorities have long accused of being the main source of the drug but the narcotics control commission in beijing says it's investigated chemical industrial parks and closed down internet sites selling fenton online and concluded. the. president trump said in his tweet. from china is completely groundless and
5:21 am
untrue. 2 weeks ago president tweeted that he's ordering logistics companies to search for and refuse all deliveries of fenton or from china and elsewhere he also wrote the chinese president. promised this influx would stop and that it didn't what's clear is that the drug comes in containers and through the mail law enforcement officials from virginia took down a major drug ring last week they found 30 kilograms of fentanyl one official involved in the investigation said that most comes directly from china. chinese officials say they're doing everything they can to keep their promise of cracking down on illegal shipments to the u.s. they're edging u.s. president trump to deal with the trade dispute and the crisis separately they also complain that searching all shipments bound for the u.s. is slowing down china's export operations. the british pound fell to
5:22 am
a 3 year low on tuesday briefly dropping below $1.20 but rebounding after prime minister boris johnson lost his working majority in parliament that boosted hopes a no deal price that might be less likely adding to the new uncertainty you an economist have released a new report that says britain could lose that least $16000000000.00 per year on exports to the european union and billions more with other countries if it leaves the block without a deal. now zooming in even closer into britain it's been called the unhealthiest place in the u.k. with high rates of alcoholism and low life expectancy now the seaside town of blackpool is preparing for life after a break that by working on its resiliency and positive thinking. school can be awful you know so can teachers. and black problems well peoples of west cliff primary are very familiar with those sentiments block who has one of the highest
5:23 am
levels of child poverty in britain as a result many kids like resilience they don't know how to overcome difficulties or take on challenges like john donnelly is teaching them the art of dealing with crises so that they come out stronger a lot they still is just normal everyday ordinary ways of coping sometimes the children don't yet know how to do it resilience research has identified a set of qualities necessary for successful living donley inter-team equipped kids with skills like positive thinking and developing personal responsibility new concepts for many here. it would just be a lot of mumbai. full of learn how to. do it myself and know. to do it i think it makes me happy. facts we're getting trained by the resistance people in blackpool and another thing
5:24 am
gays is that we're in blackpool which is a brilliant place certainly that's not a common view of seaside towns demise began in the 1970 s. when british holiday makers discovered the allure of the mediterranean since then blackpool has been in decline one till now it's time to change the town's image say those behind projects like resilience pathway made of 42 paving stones with thought provoking statements like engage mentors and be brave it's the work of head start a network of schools and local action groups together they're driving blackpool's resilience revolution. they've grown in confidence they believe they have a purpose and a voice now in the town in a sense of belonging here so that's the biggest thing but we do have some really only findings so we know that approximately 90 percent of young people who we support to a self harming don't need to go back through crisis care it all sounds too good to
5:25 am
be true and yet the effects are clear take 12 year old car in for example a self-proclaimed superhero someone who tackles things head on i create my own resilience still. that enable here 7 students and staff support comes in every blackpool is developing courage discovering a sense of hope it won't be the only answer of course but it's certainly a big step towards making life here far more worth living. to hong kong now where it is increasingly becoming important for businesses to appear neutral amid the ongoing protests fast fashion zorro was pulled into the fray after rumors 4 of its stores had closed due to its employees supporting the protests. rumors that our employees were supporting the hong kong protests emerged out of 4 of its 14 stores in the city closed the fashion jan say this was due to staff being unable to get to
5:26 am
work and it took to the chinese microblogging site why bold to deny the closure was a sign of support for the strikers it rolled zara supports one country 2 systems and defends the integrity of chinese sovereignty over its territory. after the post zara was trending on chinese social media some news reports said mainland chinese customers were planning to boycott the brand but on hong kong streets the reactions are as post were somewhat muted. yet understand a lot of company maybe due to. business news sure they need to maybe declare this. which side their standing i think. there's no right and wrong i don't think that you i think my decision to buy. softballs i think is is not i should have fought for all company to just mention town tell. me how and. what they think about politics but politics and business are not separate worlds
5:27 am
the hong kong protests have disrupted businesses and sent investors sentiment tumbling and now more and more businesses are being pulled into the fray. well you are what you wear that's it for me and the business team here in berlin for more business news and features check out d.w. dot com slash business are follow us on facebook and on twitter i'm john el-gamal in berlin thank you so much for watching.
5:28 am
for cars get some waste for just one drink a man in uganda an alternative to plastic straw and came up with the simple natural traditional solution stroh's our younger grow our sisters used for drinking and then the whole hoard. craze among boys business started following months ago and is doing very well. next.
5:29 am
to that way. spaces networks and clusters employ digital technology in a shared. environments that oh goodness now and see the good place of the future office 4.0. made in germany 60 minutes g.w. . using the site for some. kind of like when there's a flood water comes up to our waist going to close faster everyone but. the lack of water these are equally dangerous. sank you can see people not self so they can
5:30 am
plant crops and trying to save some. floods and droughts climate change become the main driver of mass migration you can the right any apocalyptic smetters you want and probably most of the. climate exodus starts september 5th on t w. you have a ways to protect and restore the environment that's what equal africa is all about on the current global into a 100 book south africa thanks for joining us and that goes where you too n.c. banksia on a warm welcome to all of you from lagos nigeria and now it's i hope is that this week's show but let's see what's lined up today so we'll see how one of africa's.


info Stream Only

Uploaded by TV Archive on