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tv   Business - News  Deutsche Welle  September 25, 2017 3:15pm-3:31pm CEST

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they are convinced that this is the right party to represent conservative perspectives within germany so serious i was gonna finance thank you so much but i've got you going to look at v.w. news on the go just download it from google player from the apple store i will give you access to all the latest news from around the world as well as push notifications for any breaking news you can also use it to send us the photos and videos in situ of up to date on how football for you at the top of the hour in the meantime of course is always the website that's d.w. dot com have a good day. tory so that people of the world over t.w. on facebook and twitter up to date and in touch. follow us. when i'm traveling i like to be comfortable. but i also want to stay up to
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date on the latest news and events. and d.-w. makes that part of traveling easy that's because it's available and thousands of hotels resorts and cruise ships worldwide. where have you found the domain side send us a picture that shows d w in your room you could win a great prize go to d w dot com travel quiz. global investors get all jittery about europe's largest economy the german election could leave the country with a fractured parliament and months of coalition talks we'll get the reaction from our correspondents in the financial centers of frankfurt and singapore and the
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winner is air berlin supervisory board confirms the trouble the lines and you wanted. also coming up the road ahead for china as a mobility market the biggest in the world but just how keen are motorists. and bad fizzling let's do business political uncertainty has financial traders on edge germany is to blame it's usually an island of stability and there is some continuity following elections with chancellor angela merkel holding onto her job as the world's most powerful woman but she now faces the tough task of building a coalition government. like the rest of the country germany's business community is trying to digest the election outcome further down the road it could have to contend with a coalition between the conservatives liberals and environmentalists the conservative c.d.u. and the liberal f.t.p.
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are both traditionally pro-business but the greens are much more critical for now however business leaders are still wary over the coalition talks themselves and how challenging they're set to be regardless of the outcome. but once it's guns and you know it's important for us it irrespective of the party politics is that it doesn't take too long to come through the coalition talks they'll be very difficult negotiations but they have to agree on a forward looking program so that businesses are aware which conditions will apply in the future that will be crucial. as more guns in china and it helps that the country is operating from a position of strength record employment booming exports and healthy consumption are fueling german growth but the country has lagged behind in many areas like digitization and infrastructure spending german industry wants to see this changed and the upcoming electoral term. the business community is sending its own kind of
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coalition agreement for investments with three focal points investing in education in modern infrastructure and in spaces her entrepreneurialism activity. the country lives off ideas and the work of businesses and their entrepreneur is those are resources. and adama town dozens of. analysts sent us a page that the economy will show up slightly weaker in the third quarter concerned over a protracted effort to build a government is one factor but overall twenty seventeen is expected to be a good year a positive forecast may help business stay optimistic thought so about this with andrea hang our financial correspondent in singapore conrad bosun also joins us from frankfurt address starting with you for international investors merkel remains chancellor how do they perceive that. well then that that news is supposed to be
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reassuring for the rest of the world here but in fact it is sending some ways of what was such a political deal but it certainly isn't our job many this is going to stunt also down we'll call it add ons planned for the integrity of the euro zone which will enable the effect asia as well and we also know that mccoy does not like the f.t.p. the f.t.p. could form a coalition with the government conrad how long could it take to form such a coalition where most analysts here in germany's financial center frankfurt are convinced that it's going to be but going to take much longer than last time in twenty thirty even anglo-american form the last grand coalition with the social democrats it took three months now we've got three parties involved and especially the greens and the liberal democrats have very much to send in many regards mostly
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the euro the liberal democrats are not friends of further and stronger integration of the european union they don't like the idea of a common e.u. budget they don't like the idea of a common finance minister for the eurozone and. this uncertainty is reflected on the markets today the euro dollar exchange rate slumped overnight it's now trading about one cents lower than before the weekend the euro fell below one dollar ninety mm again and on that issue of a finance minister for the euro zone that's exactly why my point does not get along with the f.t.p. tell me what to the greens in the f.t.p. if they're going to work within a coalition have in common. well innovation is a word that both parties use a lot it's very unlikely that the two will descend on you know questions like further. further building broadband technology here in
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germany or whether it comes to support to electric mobility also what both parties understand is that education is very important and that globalisation is rather an opportunity for a country like germany instead of being a risk of course the question is where they think this opportunity can be exploited in detail and drove back to you what would economists like to see in terms of policy from where you are that's a great question ben. a lot of the time so what would a lot of economists are looking for is stability of course and especially now that the far right is in in germany in german parliament how it's going to say foreign policy i was going to say cannot be a policy i was going to happen when. the ripple hit central banks across the rest of the wanted to kill any in asia in the developing markets so these are all the
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things that are weighing on these economists and not just them but everyone else's minds in the financial markets in asia right now and greying there for us in singapore and correct bosun in frankfurt thank you to both of you for your analysis of the supervisory board of bankrupt air berlin has approved a plan for the future of its service and stuff it's hammering out the details with successful bid is love to answer and easy to get. lin's jets might still be flying but the breakup of germany's second largest airline is now a done deal the company's board of creditors rejected offers of an outright takeover instead the company's machines will be divided up between several airlines with lift answer the main beneficiary others include british budget kariya easy jet and thomas cook subsidiary cond or the name amber lynn though will be a thing of the past three will follow neverland for twenty five years so it's a real pity. it's ok as long as stays in german hands.
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just because i believe that it's german location should continue to be strengthened . and that foreign investors particularly chinese ones shouldn't be able to come along and cherry pick the best bits. analysts say the big winner in aberdeen lynn's demise will be germany's number one ally and lufthansa and that for several reasons. with the acquisition of air berlin they're able to strengthen their budget airline euro wings and there's one competitor less meaning they can raise prices we have a big national champion which is what the german government wanted. but the air berlin disaster has its fair share of loses to not just the company's employees but also its passengers after all less competition in the skies will almost certainly hike ticket prices. asleep at the will that's what many accuse the germans of when it
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comes to. the chinese on the other hand said to be streets ahead but are motorists there electrified about beijing's plans. the sites may look rather humble but don't let that deceive you b.y.d. is the world's biggest producer of cars known as new energy vehicles or any viz in china. have any of these as as an important part of its strategy for city for sustainability so you see of all counties trying are playing a very important role in promoting any. china is the world's largest come market and the government wants domestic manufacturers to become market leaders in the mobility it's introduced a number of incentives in line with that goal in beijing for example e-car registrations are easy to get not so with diesels even with government subsidies
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though there's still a long way to go just two percent of chinese drivers own an e-card so far no major international car maker has marketed a battery powered vehicle in the country b. y. d. sells mid-range s.u.v.s some of them with special features like remote controlled parking but most models are also available as plug in hybrids they're able to run on battery power but are also fitted with a diesel engine a few customers choose pure cars i believe that there will come a moment that people will realize that there is no advantage there is no disadvantage here you are not giving up one comfort. for another. the push towards emo billets he has created new nice shoes for startups one of them is neo in shanghai it was set up three years ago and has made a name for itself in motor racing so far it's brought out a few custom made sports cars but the company is planning to release
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a mid to high range battery powered car by the end of this year. we will be able to bring the brand. and really that's going to cover most of the chinese sector which is they cough. always in the bottom line. b y d is also working on developing purely electric vehicles it's already produced one so far which only delivers it to taxi companies while regular consumers may still have misgivings about going electric well thirty's in several chinese cities are focusing their attention on cabs taxis ensure engine can charge up on the company premises. i start a business with a. watering
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a special after the german born just talk a lecture. journalists discuss the much twenty seven germany has voted.
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how should we interpret the election result what do they mean for the european union. after the german election international formerly. yeah. and i think one day this war will be considered cruel and unjust war but you know and certainly all citizens of ukraine every man woman and child and she will be friend their homeland if the enemy invades give it up for you. no one wants russia here and on the eastern which is you know. rebel against a mighty global news that matters. d.w. made four minds. think stoddard the stadium was so loud it was a really special event don't remember it all my life everybody have a dream. and you don't need to set your dreams up when you say do what you are not
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things are going well but we can still do it when it's. right you know the man with the returning fire in munich into an international brand new. family. international brand. a shared passion. an exclusive journey into the sun by. the muse and me a phenomenon starting october fifteenth on d w and on mine. alone a very warm welcome indeed to this special edition of quadriga coming to you from the heart of bowen well ahead so still spinning off to sunday's election outcome secured a full third term in office as chancellor.


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