tv Business Deutsche Welle November 6, 2019 4:15am-4:31am CET
and 30 to 12 to win the world cup on saturday in japan smiles all round and the hero's welcome oh. oh oh oh oh oh oh don't forget you can get all the latest news and information around the clock on our website. i'm told me a lot of em but thanks for watching. come to. discover your concept discomfort with the boss. after 100 years as the ideals of the bombs more relevant today than they were a. 100 years ago missionaries reshaped things to.
people understood designs with shaping society. about half a dozen cassella. with ideas that are our future books on how a. small. part documentary starts november 14th. no winners in the u.s. china trade war that's according to the united nations but washington is reportedly set to offer big dollars branch to beijing to secure and eventual deal. also on the show the world's oil cartel opec says it isn't worried by the rise of alternative energy sources because energy demand is also on the rise.
and in search of the perfect brew we visit an indonesian village that's become a mecca for coffee tourists. this is the way of business i'm on in berlin welcome and we start with a lose lose situation they united nations says the u.s. china trade war is harming them both a report by the un conference on 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 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 forced technology transfer or lack of reciprocity in trade or 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. and that all of these negative reports about what the 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. wus there was you know the u.s. and china are actively considering rolling back. in each old trade deal but these are still not clear which ones are most attention is focused now on the 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 do real the holiday shopping season here in the states if they get it implemented some media are pointing out that the tropically story is also considering cutting the 15 percent duties already imposed on september 1st so that will be good news and short
term relieved as a fall between it keeps pushing it to reduce or eliminate all the targets already in place but as for now we still need to wait and see which of the countries must 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 trouble ready set and upgrades one would compromise around 60 percent of the total deal u.s. companies are not convenes all the cheeseman so obviously they won't come to deescalation of tensions and tariffs but however do you still want to see real commitments from big june when it comes to implementing a structural changes in the end of the war has not forcibly g.m. to substantially reform a structural issues like subsidies an older industrial policy thank you lisa harlow there on wall street for us. u.s.
president donald trump says he will be ending trade assistance to cameroon starting in january a u.s. president says it no longer qualifies for benefits of the african growth and opportunity act washington says cameroon has failed to address the west 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 where willing to brave tough sanctions from the u.s. government and a long wait for payment. the cuban government is proud of this trade fair. thousands of companies from the u.s.
and europe of once again come to havana that's despite new american sanctions that make trading with the communist island even more difficult companies like spanish printing equipment supplier affair program want to keep doing business here in washington doesn't need us that's the end of the us 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 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 carly based in florida it continues to rely on the cuban market obviously short term but if you. go to work you. think sure. if you. are here for good you're pretty good.
it can take as long as 2 years to receive payment for goods and services from cuba in a recent shift it's mostly been russian companies that are willing to take that risk their 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 in squabble divan 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 this is that back 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 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 19 percent a nuclear full 7 percent opec says the figures a corroborated by other studies but even by 2040 all virginia bush combined. estimated to make up our own menton percent of the global energy mix. expedience is the largest demand growth this year of course the most on oil is expected to remain before 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. coffee beans are proving a stimulant for the economy of. its arabica and robust a variety as have made their way to cups 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 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. the model and the each other we cooperate with the tourism 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. we're 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 beans. about an issue farmers can sell their products to the buyers who come directly to tuck a gun 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 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 at also plans to offer up to $20000.00 for certain for further to levy treatments aimed at helping workers get 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. that's it from us thanks for watching.
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