Skip to main content

tv   Business - News  Deutsche Welle  August 15, 2018 7:15pm-7:31pm CEST

7:15 pm
this is long dawg the organization of our recent yes favors president johnny infantino took office in twenty sixteen promising to a local home the organization that stages the world cup and oversees the game. still to come here on day w. tukey escalates its trade dispute with the united states for the fourth quarter i phones i'm a huge import tires most people in istanbul what this means for. one of the jurors will have that in just a minute i'll be back of the talk of the myself a good that. i . am not proud of and i will not succeed in dividing us about i'll not succeed in taking the people off the streets because we're tired of this dictatorship. taking the stand global news that matters d. w. made from minds. a muse honest mistake she's not seen it once and.
7:16 pm
the call to shake up the truth is kind sitting side by. people who put big dreams on the big screen. movie magazine on d w. only a day after the turkish president calls for a sweeping boycott of apple i phones on corruption vales a massive hike in import tariffs for a wide range of u.s. goods we'll have reaction from the streets of istanbul. also on the show if you love your danish kronen from last year's holiday hold on to them they might soon
7:17 pm
disappear as denmark plans to go cashless. and european regulators are clamping down on global rental agency air b.n. b. despite its popularity with generation share. and finally u.s. conditions in european airports one year after the takeover of germany's almost second largest airline air berlin by rival tazza. welcome to the business turkish president her registered at a one and a german chancellor angela merkel have reportedly been discussing bilateral ties during a phone call today that's according to media reports quoting a presidential source turkey is currently caught up in a big diplomatic and trade dispute with the united states today and corrode raised tariffs on a variety of u.s. products including alcohol cars and tobacco and the turkish president wants his
7:18 pm
people to boycott the i phone he himself is now switching to another brand of the big question is will his people do the same our reporter in istanbul went downtown to find out. used to bulls electronics stores are still stocking our clothes i phones they're popular in turkey the second most sold smartphones in the country. but president. is calling on his people to boycott american brands and switch to others instead. all over the world. on the streets many seem to think that a boycott of u.s. brands is easier said than done it with or the government would have to stop apple products from entering the country and banned their sale how's that supposed to work if you can just make the i phone disappear from turkey you know and get it delivered to the reason android phone at home which will use i support that way cos
7:19 pm
if. i have my i'll choose the product that fits my needs but i'm not having anyone tell me what to do. and with an economic crisis gripping the country many turks aren't exactly in a position to buy a new phone many turks appear willing to take part in the book called president out on this calling for really to throw up their american phones with the south korean model and this one but the problem is if you're on a minimum wage it would take you four months to pay it off that might be a price too high for even the president's most loyal supporters. this deal is using the opportunity to promote turkish made phones chairs and turkish phone make a vestal electronic surged after everyone's call to boycott u.s. brands as someone we stand behind a country that's why we're recommending this phone. over the past few days
7:20 pm
anti-american protests have taken place across turkey some demonstrators followed the president's call and changed their dollars into lira. thank you and i'm going to see everything. up to make sure the u.s. president doesn't appear to know who he's dealing with he's facing a feel it's man the whole world knows his name is reza. so you reserve. but despite that patriotic sentiment it might be a while before turks are ready to part with arrive phones and for more let's cross over now to our financial correspondent in frankfurt stock exchange and that is. why first of all turkey as we just learned can look forward to a windfall from qatar what more do you know. yes qatar and there was speaking to the president after one of turkey and
7:21 pm
turkey and qatar are close or have become close economic and political allies and the emir has promised fifteen billion dollars worth of investment in turkey and government sources says that say that that's to be implemented rapidly and that it's to go into the turkish markets and the financial sector into banks and of course this means two things fifteen billion dollars is a lot of money the country can use that and it gets foreign currency to boot and. symbolically important turkey does not stand alone with this it has partners who are willing to put their money where their mouth is. talking while staying with money i mean we've heard that the turkish lira has been because the ring steadily over the past two days but the euro hit a one year low today is all connected to talking.
7:22 pm
it is the collateral damage if you will because investors are fleeing to the safest haven they know the u.s. dollar they're fleeing more out of other countries especially turkey and emerging market economies than the euro but the adjustment in the euro on the downside all put it that way as really a perk not a problem here to the euro zone it makes exports all the much easier but of course there is still worries that the turkish crisis could increase a little the worries increased a little bit over the day the markets started off at ease but share prices went down after that still a major crisis most people don't expect a major conflict in trade that is still think the number one risk that everyone here in the market sees right at the front of stock exchange thank you so much for this. no. it is not connected to turkey or the current trade disputes but it
7:23 pm
affects money cash could soon disappear from the danish society already only one in five retail transactions in denmark is done in cash according to estimates car payments are far more common now the head of one of the country's largest banks has joined to the growing chorus calling for the country to abandon cash altogether cash cost money for retailers twice as much as electronic payments and it raises the risks of crime. just this year the danish government loosened its requirement that stores accept cash now they can refuse it after eight pm if you are bank branches meanwhile accept bills and coins the director of denmark's third largest bank has now called for a cashless society by two thousand and twenty five twenty four we believe there will be societal reductions in expenditures in the areas of lower crime rate lower money laundering rate lower drug crime rate lower enrichment rate. he wants
7:24 pm
a commission to examine the proposal but studies show the young elderly and handicapped still rely on cash tarus to. in other words there's no need to throw out those extra kroner yet. european cities are imposing harsher regulations on the short term rental agency abbey and being there say the companies creating housing shortage is undermining regulation of local tourism industry and promoting tax evasion. it's holiday season and for many young people in particular that means getting ready to explore new places in the first half of the year some six point four million visitors came to the german capital berlin that's the same number as in the whole of two thousand and five. these days an increasing number of people choosing to source their accommodation whether a room or an entire apartment through air b. and b.
7:25 pm
but it's also about meeting people that's really lovely and i've seen a lot of apartments and cities through the eyes of a local so it's been very good. for everyone air b.n. b. was founded ten years ago and went on to become one of the most valuable startups of all time almost five million people in one hundred ninety countries use the service which is worth an estimated thirty billion dollars but it's certainly not a welcome concept everywhere with protests against the company becoming more commonplace some locals say they're being priced out of their own cities by property owners are turning to air b.n. b. to make big bucks those concerns have prompted several cities and countries to impose stricter regulations with some even mulling over bans. it was a year ago that to germany's the second largest airline at the time evelyn had to
7:26 pm
file for bankruptcy with a bridging loan of one hundred fifty million euros in taxpayer cash the german government kept the airline which was ailing afloat for an extra two months critics off the move some claim that the money was just a subsidy to aid to germany's number one airline. as it bought out. and now evelyn administrators say the loan will be repaid but customers were left with few options and disrupted flight schedules. air berlin was once germany second biggest airline a year ago it became history. tons of subsidy was among those eyeing up the spoils ryanair c.e.o. michael o'leary accused the german government of favoring last time there for a takeover. all we see is a succession of german politicians falling over themselves. to award fans or calling your fans a german champion therefore because it's
7:27 pm
a german champion it should. be allowed to take over ninety five percent of the domestic market making it not just a german champion but a german monster who will increase the cost of air travel for millions of germans in the end times i did indeed acquire most of air berlin assets to get there with britain's easy jet it bought up air berlin is landing rights and airplanes. air berlin staff were forced to look for new jobs many of them have found work but are now on stripped down contracts. that is your business update here and g.w. funny fresh air will be in the next f.c.c. .
7:28 pm
entering the conflict zone confronting the powerful. as f.b.i. director james comey was always pretty well known for window charm five am last year to st louis for failing to measure a bank this week he's my guest here in by the way he's promoting a book even as he faces new charges of insubordination so what's the truth
7:29 pm
conflicts so for. d.w.i. . zero. zero zero. climate change. waste. pollution. isn't it time for good news eco and africa people and projects that. changing the one fire meant for the better it is up to us to make a difference let's inspire each other. a good book on the environment magazine. long d.w. earth. home to millions of species a home worth saving. as much as on those are big changes and most start with small
7:30 pm
steps became global ideas tell stories of creative people and innovative projects around the world like to use as a project the climate boost green energy solutions and reforestation. they create interactive content teaching the next generation about environmental protection and we're determined to build something here for the next generation of global ideas the multimedia environment series on t.w. . as f.b.i. director james comey was always pretty well known but when donald trump farted last year it boosted his foot for good measure appearing this week he's my guest here in berlin where he's promoting a book even as he faces challenging sort of its subordination and violating procedures in the run up to the twenty sixteen presidential election so what's the truth.


info Stream Only

Uploaded by TV Archive on