tv Business - News Deutsche Welle February 12, 2018 6:15pm-6:31pm CET
it really have been promised but billions on a. visit well how about story i'm told coming up and business and just i will tell how fab or world news for you are the talk of being out there. in the middle of. every journey begins with the first step and every language the first word published in the book. rico is in germany to learn german. mother is h.l.v. positive. he was infected at birth.
she probably won't live to the age of fine. the program dream aims to prevent a mother to child transmission of a child. the german aids foundation is supporting the project in mozambique give a baby a future make a donation. financial markets in for an even bigger shakeout a strong rebound on both sides of the atlantic signals the politics here to stay but some experts say the downward swings could grow. rebuilding iraq a country and bruins ravaged state seeks billions of dollars in reconstruction funds anyone listening. and millions of chinese will have to celebrate the new year without the explosive power of fireworks who's going to scare away those bad
spirits. let's do business everybody loves a roller coaster ride unless you're an investor of course the last couple weeks saw the new york stocks down ten percent officially entering a correction this week trading got underway there with the dow jones leading by three hundred points at the start of wild volatility by fears of growing inflation which could force faster than expected rate rises in the federal reserve all eyes this week will be on the you waste inflation figures that a jew out wednesday if the rate tops one point seven percent it could be a case of hang on to your hats again. struggled to mount a recovery there was a strong rebound on european markets well the balance was tracking the dax for us the main index of german companies it was one of the day's best performance and i asked him if the germans know something the rest of the world doesn't. i think they suspect that probably the losses incurred here in the german market compared to the losses elsewhere were a little bit unfair perhaps were
a little bit exaggerated when you consider the state the economy here in germany compared to other markets and countries that were affected by this turmoil last week and when you look at the stock market valuations which for most of the major german shares are still quite reasonable i mean they're high but they're not really overly high and i think that goes for the present situation as well but having said that the visible thing is what the dax did better than the rest of better than most others but the traders here are just as worried as elsewhere not very many smiles here on the floor to be honest actually none because people are seeing that went down with a lot of volume and it's recovering now with less volume partly with very little volume that's a bad sign ok so you know survey of smiles on the floor bringing in a big fat zero all the what do you make of the world's biggest hedge fund bridgewater and its warning of an even bigger shakeout. this makes
people nervous additionally of course these hedge funds are always active usually they're under the radar but in a situation like this they can serve to. worsen the turmoil and exaggerate in this case the downward trend and a technical analyst i spoke to said he doesn't know whether they're right either i don't either for that matter but they usually engage in this way and crease their bets when they see the reason that the market has veered off the property been quiet too long which has been the case now it's been quiet for a very long time and sees over valuations and you do see over valuations for example and a lot of us shares of the frankfurt stock exchange for us i hope you've got good nerves this week will be full of economic data thank you. opec says global demand for oil will grow faster than expected this year the organization of the petroleum
exporting countries expects crude sales to surge by over one and a half million barrels a day that's up sixty thousand barrels on its previous monthly market report and expanding global economy is the main driver for the additional demand as steady vehicle sales in the u.s. china and india oil prices inched up on monday monday's cheerful market mood also helped lift oil a relief for a country so dependent on the black sticky stuff iraq after a war with islamic states the nation is trying to rebuild itself with help from abroad aid groups pledging three hundred thirty million dollars on the first day of an international reconstruction conference in kuwait iraq needs a lot more especially considering what some officials are saying they reckon the u.s. is refusing to give any more one observer says it may be donor fatigue but no one can say there isn't more money there's money to continue fighting. rebuilding iraq will cost eighty eight point two billion dollars after years of civil war and
decades of under-investment that's according to the planning ministry complicating matters is the fact that the country is effectively under two governments there's the autonomous kurdistan region in the north with around forty five billion barrels of oil reserves the rest of iraq has at least one hundred fifty billion barrels. but it's difficult to get reliable data from a country like iraq which is plagued by political instability but what's clear is just how dependent the country is on oil it's estimated to account for around ninety two percent of overall state revenues. that some fifty seven billion out of sixty eight billion u.s. dollars. the iraqi government is currently looking for investors for refineries pipelines and production facilities at its manned field one of the country's largest the government hopes to double output and the chinese
led consortium could be the favorite to take over the field. state owned petro china is already the largest foreign investor in iraq and it could work with us chevron and france's to town to exploit the field other big players include exxon mobil. and british petroleum but the world's second largest oil company royal dutch shell was less optimistic about the field saying it wasn't profitable enough it's pulled out and plans to focus instead on gas production. from rebuilding nations to cleaning up our streets a story for those too lazy to find a big trash german city is taking on the disposable coffee cup culture and it's quite a nice idea. street sweepers in hanover have had enough of disposable cuts with all too many pedestrians simply dumping them on the street as soon as they finished their coffee the explosion of coffee takeaway outlets in recent years has unleashed
a steadily growing flood of extra trash. and pick ups take up a huge amount of space in trash cans it only takes four or five large ones to fill up an entire sack. of others an enormous number of cups we get nowadays is just huge every kiosk every cafe sells them and it's causing enormous problems here in hanover. on average hanover is half a million plus residents jettisoned over twenty million used paper cups annually the city authorities decided that was far too many and began fighting the deluge a year ago. that builds cardboard on the surface but inside they're lined with plastic and as they can lie around for hundreds of years we have to collect every single one for incineration so it's not a good product not in the least ecological. it's time to get rid of them. the
city's answer was to market its own reuse of all costs with a deposit the hanno cino it costs two euros which is refunded when customers drop it off at one of the participating cafes over one hundred fifty outlets are already taking part in the plan and the network is growing by the week. easy solution for coffee drinkers they normally don't have to go far to find somewhere to drop their cups off pick up pop off drink up drop off the city doesn't make a cent from the scheme for cafe operators the service is free and they save on the cost of paper cups. it's good for their image to. the only condition is that participants have a dishwasher to keep the cups clean and hygenic that was no problem for the staff of this particular cafe they're happy about every customer who switches to that had . this street cleaning squads now have far fewer paper
cups to deal with and the trash cans don't fill up as fast either that all saves money. you really see the difference it's made here with loads of businesses joining in there are far fewer cuts in the trashcans now. initial estimates suggest the new head coach you know system has cut the number of paper cups in hanover by around a third. lunar new year celebrations may not be as bright this time china is trying to curb air pollution the government banning fireworks in four hundred forty four cities a victory for environmentalist's but the bands are taking the bang out of the letting of old business. it's known as the pyrotechnics capital of china here in the southern city of new young he's even a statue to honor the man locals believe invented fireworks more than a thousand years ago. gangaji says two thirds of china's fireworks much of that
production still takes place by hand but now in an attempt to curb pollution the government's banned fireworks in hundreds of cities including in the capital beijing as lunar new year approaches shopkeepers are ready feeling the hit. hi yes. if you look around the markers you can see only a few shops remain open. don't see many customers previously at this time of the year we used to have customers stocking up on supplies. or fireworks are traditionally believed to drive away bad spirits and to bring good luck but the year of the dog isn't looking like it will bring much good fortune to china's fireworks industry even if it isn't quite ready to give up the ghost yes. and chinese new year is big business for florists right across asia or actually like. in cambodia with the year the approaching people are flocking to buy yellow flowers
as opposed to bring business owners good luck the idea is that their companies will grow like flowers. grow was good fortune. and just updating our top stories for you both sides of the atlantic signals the heat to stay on the equity markets but some experts say the dow would swings could grow and rebuilding a country in ruins the war ravaged state billions of dollars in. business with you.
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