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tv   Business  Deutsche Welle  September 11, 2019 11:15pm-11:30pm CEST

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you're watching the w. news live from berlin coming up next on business steam you really need to own a car our reporter will go to the frankfurt motor show to see if he can be persuaded to buy what christoper going to be here with that story of war right after the break. literature invites us to see people in particular that i like to see as the kids find strength. might. work a friend. on youtube. and i'm going to look at a brand of music w. from barney's called it's personal device and it's about topics that affect us old
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daughter lucia climate change and returning and. the only reason she could out of. a real olive branch or just another distraction in a nasty trade war china is to spend some tariffs on u.s. imports does the move put both parties closer to reaching a deal to get the world's work from wall street also coming up in your problems a city soon a multibillion dollar market for e-commerce and amazon gets ready to be a part of the action and you're young and you're living in the city do you really need to own a car the reporter goes to the frankfurt motor show pissed if he can be persuaded
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to block. his coble welcome to the program china has moved to exempt some u.s. imports from its latest round of retaliatory tariffs levies on 16 different types of u.s. made goods will be suspended for one year from september 17th on the list includes some cancer drugs and chemicals which china does not produce itself and cannot easily replace however major u.s. exports to china such as pork and soybeans will face this no tariffs as previously announced. not surprisingly u.s. president trump praised beijing's move here's what else he had to say. i think they did the right thing i think it was good for them but they took them off yeah i think it was. i think it was a gesture ok it was a big move people were shocked i wasn't. well for more let's bring in court on
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wall street. mr trump says these chinese suspension of certain terrorists on u.s. imports is a gesture what's the impact of this. the impact is not that huge at this point and as you mentioned we are talking 6 thing product groups overall busy china have tariffs on u.s. imports for more than 5000 different products group so this is at this point only a small gesture even if wall street did trade to the upside so we are about the crucial $25.00 point mark again with the dow jones industrial average but that is probably not because of those recent developments in the trade dispute but what we're seeing here is a taishan from one sector into another optimism about
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a possible deal between the united states and china has been on the rise recently and even though this exemption of terrorists appears to be largely a symbolic move there's a ball stir this optimism. well i mean what we see overall is it's not just about tariffs when we look at china and the united states we are also looking for the protection of intellectual property we're looking that the u.s. government wants easier access for u.s. companies into the chinese market so those issues might even be more crucial than the tariffs themselves so it is a tiny little step now the exemption of some of those products but it's wide open what happens when the trade talks continue or next month china suspends some terrace on u.s. imports and scored in new york thank you so much. nearly half of all u.s.
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states and some 2000 local governments have agreed to a tentative settlement with oxycontin maker purdue farmer over the toll of the nation's opioid crisis lawyers representing the plaintive along with $26.00 states and u.s. territories were on board with an offer from the company to settle for up to $12000000000.00 however with over a dozen states unhappy with the proposed deal it could still fall through prescription opioids have killed more than 20800000 americans since the late 1990 s. . how about this for a workplace a building with almost 50 elevators and zumba classes for employees well online retailer amazon just opened its new indian headquarters in hyderabad the company's biggest building in the world it's a big bet on india's e-commerce market that is projected to reach into hundreds of billions of dollars in the coming years. from the outside amazon's new building in
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hyderabad rises high above its neighbors from the inside it at times resembles a sports center with space for 15000 employees fairly to round by 49 elevators the building is a statement of where amazon sees future opportunities. the e-commerce industry itself is going to have around $1000000.00 jobs 2022 this whole sector is predicted to have around $12000000.00 jobs in 2 to 3 years. the value of the indian e-commerce market is expected to reach $200000000000.00 by 2027 secure the biggest possible chunk of that amazon will have to keep in step with u.s. rivals walmart and asia's own reliance industries has set aside $5000000000.00 to help it compete. another big challenge on the way is regulation new e-commerce
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rules in india prevent companies like amazon from selling products from firms in which they own a stake and ban them from striking exclusive deals with retailers the red tape is not quelling amazon's appetite for expansion in india where now employs more than 60000 people. put us it is very very important to continue tapping this stallion and you know and continue growing our workforce here because we've had really good experience in finding the kind of talent we are looking for in india and as its bustling workforce continues to grow amazon's new hyderabad campus will also expand . and out of some of the other business stories making news they are can start a stranger has been more than $36000000000.00 for the longer side of st paul's law and visions a single stock exchange joining europe with asia that just says would redefine
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global capital markets for decades to come u.s. regulators are preparing to ban flavored cigarettes beeping has been blamed for leaving hundreds sick and are suspected to be the cause of some tests around 5000000 minors and an estimated 8000000 adults use the cigarettes in the united states general motors is recalling more than 3000000. pickup trucks and s.u.v.s in the u.s. because of the breaking problem the action of all some 3400000 vehicles built between 20142800 after several complaints from drives. and staying in the industry who needs to own a car that's a growing question in big cities where public transportation and ride sharing services are often widespread and younger people typically more concerned about their carbon footprint we sent one such car skeptic our own mother over come on to the frankfurt motor show to see if he could be convinced to getting behind the
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wheel. of almost 30 and i've never owned a car and why would i. living in berlin means i can get anywhere pretty much any time by bus or train. and if i do need a car i can just rent one through a cost sharing service i'm perfectly fine without my own car. i'm not alone with this only one 3rd of young german city dwellers say a car is important to them and i'm wondering what is the cost of this tree going to do about the. well what better place to find out than at a motor show at the i.a.e.a. in frankfurt a major car companies from all over the world a showcasing their latest models one of them is opel the brand my parents have driven since i was a kid trying to reach young urban customers with the course eat a new electrically powered version of an old classic. and. when you see on the show
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when i look at you i think that driving enjoyment is something that can get you excited electric cars are a lot of fun and if you go into the bakery or the butcher or wherever and you don't emit any c o 2 and that's very appealing to the sardines in this endless understood movie. ok that does sound nice but not for. 30000 euro most if you ask me even of so-called you can claw percent all sing the cotton. but why are comical struggling to win over people like me i meet up with a market analyst and ask you. people tend not to have drugs anymore you know them i have an apartment in my i have a shed carriage you know but i think it's that that sort of idea of having the pride and joy parts of your drive is becoming less appealing and less relevancy on people and that is a difficult conundrum for the car makers to to to work out. how many cars are trying to adapt to what young people want smart which belongs to misstate is for
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example developed an app through each you can share your own caught with friends and family but again that alone is not really going to sway me into spending 20000 euros on a car that i really don't need. the american. young women are just that young people when a car isn't available but once they've taken on certain obligations they start asking themselves which cotton could make sense for me if i could come to condon's in my home for me. maybe i will get to that stage one day but for the moment i'll remain colace and maybe that is for the best. exactly 18 years after the 911 attacks on new york global brokerage b g c opened up its london trading floor for their annual charity day it commemorates the 658 cantor fitzgerald staff and 61 euro brokers employees who died in the attack
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britain's prince harry took part as a patron of the victims' games charity which supports military men and women who have suffered or injury or illness on the phone or sometimes 2 as traitors guided him through new gauche nations he raised 50000 pounds for invictus by closing a deal worth 1000000000 pounds over 10 years. program if you want more business news or background features go ahead and check out your dot com slash business i'm frisk oberlin for me and the entire team thanks so much.
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tom so you'll want to save on the rings why i moved here to barcelona just $200.00 euros a month. so what's the catch. good still only 3 square meters. deep insight into europe's housing crisis. in 60 minutes g.w. . it's all happening. during leaked
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news from africa the world your links to exception the stories and discussions can you and will come to see their views after coming program tonight from funny to meet these needs now i would say demi to comb smash africa join us on facebook t.w. africa. the 1st laugh. from people make fun about their own social economic and political problems. in mozambique we say that you have to laugh so you don't write it's how people called me dated april. as a journalist i often feel compelled to stop this in that binds me to my fellow countrymen i like to start my day by checking all to all those jokes finding out what people have talking about what is moving them. my father taught me how to ask
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uncomfortable questions about my country and about what that is what i keep doing to dissipate my name's navvies for and i work at g.w. . as do the reviews africa coming up on the program call for national dialogue you know grab public appearances from cover to press the beer box with such as leaders to jail talks to bring about peace called proved difficult. and how the brink of extinction the north and why it's right now there is hope some scientists are trying to break the fast in.

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