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Schools i. Think youre smart t. V. Smarter with the d. W. Bush wanted. What you want when you want to look to do extraordinary. And decide whats old sun dont more. Comes more to be. Germanys fail to create a new government for over three months now Business Leaders a feeling easy good that the economy is firing on all cylinders but political certainty would be the cherry on the cake also coming up venezuelans of the boss running out of food and even when that is something and stop they have no money to buy and we meet Food Producers who are looking a brawl to support their livelihoods and the once world renowned hardware hub of taiwan is having to do business differently how startups a dry. Watching the transition and the asian tiger nation. Im daniel winter and this is your Business Update the Political Uncertainty of the past few months has unsettled german businesses though just a bit thats because on the other side of the coin the economy is stronger than ever europes economic engine saw a two point two percent growth search in twenty seventeen but since the election in september theres been a long laundry list of legislation building up now businesses say its high time a government was for. Full order books soaring exports and a shortage of skilled workers to handle the load germanys economy is thriving and exports are forecast to grow a further five percent this year as well flying start for the next government which can look forward to a tax revenue bonanza so theres money there which germanys Industry Federation the b. D. I once used to modernize the country it wants the new government not to waste any time. We have to invest more which means Public Investment but also means private investment so preparing the conditions for. Intent more intense private investment in the sector of digitization in the sector of public transportation. But also in different sectors starting from schools and universities he set or other problems are also waiting for an incoming government the Global Economy is laden with risks the b. T. R. Is especially worried by the threat of trade barriers and increasing state interventionism German Companies cite chinas behavior in particular. China is a very important market for our companies especially for the industrial part of our economy. On the other hand we see that china has a very strict strategic agenda. And we see an increasing influence the political party. Into the individual businesses but even the u. S. And britain are becoming increasingly unpredictable trade partners the v. D. I. Says its high time for a new government to take office here to start taking the necessary decisions for. Us comic a ford is telling almost three thousand pickup owners not to drive their cops the warning came after it emerged exploding conflates or killed a ranger driver last july fourth says it first heard of the incident in december it was discovered that the cops have brand inflator was made at the same time as one which killed a man in twenty sixty three colfax inflators made on the same day. To our correspondent so fishman ski whos following this for us so this is part of a long line of failures by the airbag make a conscious yes the no tech has now adding three point three million additional have a confederate to the massive recall at least twenty people have lost their lives and more than one hundred eighty injuries can be linked to these inflators and the cost of an accident they can rapture and send a deadly mo fragments into the drivers body and this really has become the largest auto mode of recall ever with nineteen automakers over the years we calling up to forty two million cars forced by the way is now recall in vehicles it has already recalls in twenty sixteen in parts of the east two thousand nine hundred new vehicles are affected by the most recent recall most of them here in the United States some of them and canada and while all of this has been driving in a bankruptcy for if the same time is really busy struggling with a potential new emissions. So fishmans key on the wall street thank you very much for that analysis. Venezuelas economic crisis is grinding down on the poor and its dragging ever more people into poverty the past year has seen inflation top two thousand six hundred percent in any other country consumers would just buy cheaper inferior goods but for a majority of the venezuelans there just arent any alternatives. Per served site shelves have never been so empty in venezuela and its getting worse whats the point in the government reducing the price of staple foods for non are available anyway. Not. Painful to see the shelves because there isnt anything to eat my book three things all i could get from fall asleep my heart hurts because lowering prices is not the way the government should be acting. Now for. You. This seems critical to me because honestly were going through a very serious crisis right now. I dont know what to do because i cant get any basics. Let me come back ive never seen the shelves like this theres little or you can see it juices cookies canned goods but otherwise nothing. Like that see now i love him. But even if shelves were stopped decently wages barely cover the cost of necessities every day offers fresh evidence of venezuelas bankruptcy with no foreign currency available to import food or any other basic products. And yet despite the supply crisis in venezuela some industries are doing what they can to struggle on and there is demand for relative luxuries like chocolate but producers have to look abroad to keep their business afloat. In her caracas apartment nutrition professor nancy silver spreads cocoa on a stone counter to make chocolate bars. Theyll be sold in local shops for around fifty cents thats a weeks wages here but there are still a few people able to spend that on candy outside venezuela chocolate of this quality might earn many times that so silver is focusing on france where a kilogram of chocolate could fetch around one hundred dollars. I carry my chocolate around in two suitcases. Ive been to paris three times that way. I dont even speak french but i know my product and i know whos willing to buy it i was able to sell my chocolate over the course of around a month. She could probably sell many times that if in as well as soviet style bureaucracy didnt make exploiting almost impossible for Small Companies the countrys hyperinflation means serve been constant shortages of food and in grievance but this is offset by steady access to high quality aromatic cocoa from her familys farm in eastern venezuela. You need to think in terms of the quality of the grains variety and their yield i would say we are in the presence of the best cocoa in the world but. For now the chronic shortages are probably the image most have a venezuelas economy. But as the chocolate maker show there are also entrepreneurs doing their part to boost their country. For many years made in taiwan was a label of quality Consumer Electronics but the local hardware sector now faces a dwindling market share real profits come from software these days so taiwan is turning to its startups to and vigor right the tech sector. This patients movements may look a bit clumsy but hes making a lot of progress by walking a few hundred meters its all possible with this exoskeleton engineered chain developed the walking robot first at the i t r i Research Institute and now it is own firm free by onyx. His colleague is testing the device hes one of some seventy Million People confined to a wheelchair worldwide. Theyve got a cause they can. Help. Taiwan is one of the most high tech places on Earth Companies like h t c account for around a fifth of the countrys g. D. P. By producing Computers Laptops and smartphones for the entire world but with cheaper chinese rivals breathing down their necks companies in taiwan need to keep their technological edge. In showrooms like this one theyre focusing more on software. Virtual or augmented reality. Were seeing. From many past. Experiences like if you only knew how were the march and walk s. Lower and lower after. The the good analogy get commodities so only do you know how were is not a very good strategy for the long term established companies are turning to startups to tap new markets this firm develops Artificial Intelligence for surveillance cameras the more it Software Sees the more it learns it can differentiate between vehicles and traffic thats important for urban planners founder sean go on received ten Million Dollars from investors to develop the software the big tech names are also willing to pay for the latest know how. This is the power of the sauce and come on say hey we can go soft and we know how to go wrong we can help you rise you see this big of corporations like the top ten they all start to have their Venture Capital form like there are you suggesting the market for Artificial Intelligence is expected to grow to one hundred thirty billion dollars worldwide by twenty twenty five and that opens up huge opportunities for a new generation of entrepreneurs in taiwan. Oh i thought sadly thats all for this edition of your business if you want more catch us on social media just upshall new business you can catch me on twitter after into this ill be back tomorrow same time same place the. Country going to the International Talk show for journalists discuss the topic of the week u. S. President told trump is moving close to one year in office so watch how secret she is and has a new best selling book about goings on in the white house damage from standing. Next. To kitchen the from obama. The menu regional and mostly filling. Street food. Coloring their journey through the streets kitchens all be americans. Street. Tales of tacos six feet and park. In forty five minutes on d w. O d w media center see it find it here it discover. Video and audio podcast in language courses in the g w media center at media center doc b. W. Dot com. Keeps them about the moments that. Its all about the stories in song and its all about George Chance to discover the world from different perspectives. Join us in inspired by distinctive instagram or news at g. W. Stories the two topics each week on instagram. Cut. Alone a very warm welcome indeed to quadriga coming to you from the house about len and this week the focus is on the u. S. President donald trump he was of course sworn into office last january and will shortly complete one year in the white house after what has been a truly healthy us

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