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tv   Business  Deutsche Welle  November 6, 2019 12:30am-12:46am CET

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the adventures of the famous naturalist and explorer. to celebrate click some go from 250. 4 for you to the discovery. expedition boy. no winners in the u.s. china trade war that's according to the united nations a washington is reportedly set to offer a big all of france to getting secure and eventual deal. also on the show the world's oil cartel opec says it isn't worried by the lies of alternative energy sources because energy demand is also strongest. and in search of the perfect brew visit an indonesian village that is becoming
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a mecca for coffee tourists. this is the w. business i'm on in berlin welcome and we start with a lose lose situation the united nations says the u.s. china trade war is harming them both a report by the un conference and trade of trade and development suggests that consumers are bearing the brunt of higher terrorists that comes amid fresh figures from washington saying america's trade deficit is actually rising. u.s. president donald trump talks a good talk about reducing america's dependence on foreign products but the latest report from the u.s. commerce department says america's trade deficit is higher now than a year ago on an annualized basis and that demand for foreign products has actually been rising under trump what's more the u.n. conference on trade and development in geneva says both china and the u.s. are losing their trade war. washington's trade war with china continues to draw
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fire from other quarters as well there's a lot of people who have frustrations in the u.s. and europe about chinese policy and i think many of these are warranted in terms of intellectual property rights or force technology transfer or lack of reciprocity in trade investment i don't really think the way trump is approach these is the best way to deal with them i think there are efforts that you could make with the chinese that have their own interest in reducing some of these barriers so some will say the focus on china had been long overdue i think we'll have to see what he actually produces out of it because i think there's a better approach that approach might take into account america's overall appetite for goods from other countries the commerce department says though trade is declining with china the u.s. is more than making up for it by buying from other nations our correspondent. joins us now from wall street. made all of these negative reports about what the
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trade war is doing to the u.s. and chinese economies there are also reports of major concessions on the horizon what are you hearing. daddy is there what it seems and you know u.s. and china are actively considering rolling back this part of the initial trade deal but these are still not clear which ones are most of the attention is focused now on a 15 percent to do december 15th on chinese consumer products worth over $160000000000.00 these include for example smartphones and these are important since they can somehow derail the holiday shopping season here in the states if they get it implemented some media are pointing out that the troposphere story is also considering cutting the 15 percent duties already imposed on september 1st so that will be good news and short term relief as for breaching it keeps pushing it to reduce or eliminate all the targets already in place but as for now we still needed
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to wait and see which of the countries musters the deal which is also favorite book was speaking of the deal as it's not sure yet whether the upcoming deal if any would address any of the key issues absolutely you know even if it trouble ready set it up based want to compromise around 60 percent of the total deal u.s. companies are not convenes of the obviously they won't come to deescalation of tensions and tariffs but however do you still want to see real commitments when it comes to implementing a structural changes in the end of the war has not forced b.g. to substantially reform a structural issues like subsidies and all their industrial policies thank you for sandinista haro there on wall street for us. u.s. president donald trump says he will be ending trade assistance to cameroon starting in january the us president says it no longer qualifies for benefits of the african
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growth and opportunity act washington says cameroon has failed to address u.s. concerns of human rights violations a military court ordered the release of opposition figures last month but cameroon remains in turmoil and armed independence movement and english speaking regions has resulted in a military crackdown and 3000 dead according to the international crisis group. cuba's 37th annual international trade fair has opened in havana it brings together some $4000.00 entrepreneurs from 60 nations around the world who are willing to brave tough sanctions from the u.s. government and a long wait for fame and. the cuban government is proud of this trade fair. thousands of companies from the u.s. and europe of once again come to have and that's despite new american sanctions that make trading with the communist island even more difficult companies like
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spanish printing equipment supplier affair program want to keep doing business here in damascus and it doesn't you know if that's the end of the u.s. sanctions are doing a lot of damage to our business customers are already tightening their purse strings that also makes things more complicated because there may be less money left for us and when it's time for payment they may pay another supplier 1st making us wait a long time for our money about i'll get over it all this is why don't we keep it up. but that doesn't stop too many companies from doing business with cuba like us shipping company carli based in florida it continues to rely on the cuban market obviously short term but if. you also. think. if you. did your for the good. it can take as long as 2 years to receive payment for goods and services from cuba
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in a recent shift it's mostly been russian companies that are willing to take that risk fair trade volume with cuba is expected to top half a 1000000000 dollars this year. the opec oil exporters say rising demand for energy especially in developing countries will demand for oil will continue to increase the cartel for forecasts a 12 percent rise in demand by 2040. oil will still be flowing in torrents in the future according to optics on your report it says as late as 204000 will remain the world's most important energy source what's good news with some is a setback for others industrialized countries for instance that are trying to replace fossil fuels with renewables to counter carbon emissions the opec report says oil consumption will rise in asia especially and with a global economy set to double by 2040 all sources of energy will be needed in the
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year 2040 projects that oil will account for 28 percent of the world's energy mix followed by gas and coal renewables will account for 1000 percent a nuclear full 7 percent opec says the figures a corroborated by other studies but even by 2040 all virginia bush combining. estimated to make up our own 19 percent of the global energy mix natural. experiences the largest demonic girls to share of course the most on oil is expected to remain before the with the largest share economies are growing especially asian giants china and india the need for energy of all kinds whether fossil or nuclear is already enormous and for now opic isn't scared of electric mobility either its members are certain that even in 20 years time only one in 4 cars will be electric
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. coffee beans are proving a stimulant for the economy of. its arabica and robust a variety as have made their way to cops around the world now the indonesian province is gaining fame as a place for coffee tourists to visit. the best coffee in all of indonesia grows high in the mountains 1800 meters above sea level its special location gives ghio arabica a strong aroma connoisseurs say it has a perfectly balanced blend of sweetness and acidity. life used to be pretty uneventful in the remote village of taka gone in sumatra such a province now coffee shops are popping up all over the place the beverage has become so popular that the local agriculture agency is gearing up for a wave of tourists. and the shutdown we cooperate with the tourism
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agency to design a tour package which includes rafting and overnight stays we teach them about how coffee beans are processed followed by rafting that week and. for not the one the company. the growing popularity of coffee drinking is not the only reason that the farmer maradi now gets $21.00 instead of $3.50 for a kilo of beings. farmers can sell their products to the buyers who come directly to tucker gone or they can sell their coffee beans online this mode of sales is very helpful to farmers because they can sell at a higher price compared to the past when access was limited and sometimes middlemen would cheat the farmers. to. new sales opportunities combined with the growing desire for quality coffee has created new possibilities in this remote location high in the mountains of sumatra. investment bank goldman sachs is
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putting on a family friendly face the wall street giant is introducing a global policy that allows its workers to take at least 20 weeks of paid parental leave and goldman isn't stopping there that also plans to offer up to $20000.00 for certain for for to levy treatments aimed at helping workers with their careers around family planning the measures will be especially welcome in countries where parental leave is not mandated by law countries like the united states. and that's it from us thanks for watching.
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around. the system. starts now before to. hear more details. about the. bridge.
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after the fall of the berlin wall nov 9th do you w. . how's your view of the world and where i come from most of all is that glitters is gold it's just like with chinese food doesn't matter where i am it's always reminds me a cold after decades of living in germany chinese food is one of the things i miss the most i bet taking a step back i see things and to tell the difference me now. many of ford's 1st as american asian that exist the other part of the war haven't been implemented in china that's what you've got to chinese people wondering if their forty's face but if you don't have
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a ride to learn that is this is their job just under the law how i see it and why my job because i tried to do it expect to do anything my name of the name too and i wore you. pictures of joy and you lay shine on a night that changed the world 30 years ago on nov 9th history was turned on its head as the berlin wall which had stood for nearly 3 decades began to crumble. and without welcome to arts and culture in a week that's marked by remembrance of this momentous event in german and in world history and here's what's coming up on the program. celebrations of the anniversary
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are happening all over the city at historic locations with installation exhibitions readings light shows and concerts planned until this coming sunday. and former east german dissident and songwriter voiced fear monger teamed up with chinese poet liao. to commemorate the anniversary and the horrors. square. well indeed it's hard to celebrate enough the event that led to german reunification some $200.00 events are going on all this week across the city and one of the places that played a key role in east germany's peaceful revolution 30 years ago is the guest 70 church in what used to be communist east berlin and let's go over to my colleague david leavitt's who's standing by there for us. i david tell us what's going on down there and how are people celebrating this historic occasion.


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