As the United States blocks the appointment of the judges and making the switch take you to a dairy in mexico which makes cheese using some of our horrible technology. Is called welcome to the program the Financial Times says china has ordered all its government offices and Public Institutions to remove for computer equipment and software within 3 years it is the 1st time beijing has given buyers if you constructions to switch to domestic Tech Companies it comes in the midst of the trump administrations Global Campaign to curb the use of Huawei Technology outside of china the move is likely to have a big impact on u. S. Tech companies such as microsoft h. P. And dell. Now lets get more on the story with our wall street correspondent in new york u. S. Tech companies generate as much as 150000000000. 00 and annual revenues from china how have they been reacting to these rumors well if you look at the stock prices the reaction has been muted and we still have a couple of open questions so you mentioned this number 150000000000 dollars but a big chunk of that actually comes from private corporations or part please stay home and corporations are the big question is how those are effected and then also what will happen to components china so far has still be dependent on semiconductors for example from the United States but overall this report underline that china is by far less dependent on technology as china was in the past. Should such a policy be implemented it could be seen as a response to the way the u. S. Is treating china squab way now is washingtons attitude likely to be influenced by such a direct. Well i mean overall its a tit for tat and yes as you mentioned washington has been trying for quite some time to block away by the way theyre also trying to convince European Countries to not use if you will buy for their 5 g. Networks and we see here in the United States that the Chinese Companies for instance being specialized in phase Recognition Technology being banned so its a back and forth that were seeing but overall it clearly would not necessarily better the situation between the United States and china and we shouldnt forget this big deadline coming up on this coming sunday when the u. S. Could impose another set of tariffs on no consumer goods out of china in the value of a good 156000000000. 00 but it just shows that those countries more and more will be trying to go separate ways and we will see how disturbing that will be actually for the Global Economy yes court in new york thank you. The head of the World Trade Organization has announced the launch of quote intensive political negotiations to salvage the apple of brain the bodies internal court system the w t o Appeals Panel sometimes the Supreme Court of world trade well no longer have the need of quorum of 3 judges as of midnight on tuesday due to mandatory retirements and the United States has blocked the appointment of new judges accusing the court of serious overreach and breaching u. S. Interests. The man is not for budging and unless theres a man left in power breakthrough the face of the World Trade Organizations top course has been sealed the u. S. Ambassador to the w t o denis che says hell continue to block the appointment of new judges whose job it is to rule on trade disputes. Here is what that means the applet body is made up of 7 judges 4 whose terms have expired have not been replaced because the United States has blocked the naming of their replacements 2 of the remaining 3 are due to leave on wednesday with only one member remaining the court would no longer be able to function. Many of washingtons objections center on rulings related to trade with china without a court p. 164. 00 member w t o would no longer have a binding dispute Settlement System in a global trade environment that is a ready highly volatile that prospect has many feeling highly alarmed and the other some of the other Global Business stories making news one of europes biggest lobby groups euro chambers is calling for the e. U. To lift sanctions against russia the Organization Says its time for europe and russia to focus on working together rather than against each other groups representing over 20000000. 00 businesses statement comes amid peace talks between russia and ukraine in paris 5 years after russia seized crimea the e. U. Has approved 3200000000 euros in subsidies for the car Battery Industry and a challenge to easing dominance of the sector funds will come from 7 countries and will be matched with private investments by 17 companies greece has introduced special benefits for the worlds richest in a bid to attract Foreign Investment wealthy foreigners to move their techs registry to the country will be given special treatment critics say the move helps the rich avoid paying taxes. Now german exports rose unexpectedly in october despite on going trade disputes and a slowdown in the Global Economy goods sold abroad went up 1. 2 percent to almost 100000000000. 00 euros cars and machinery made in germany were among the top sellers. These cars produced in germany will soon be sold at dealerships in the United States. Despite falling out of favor with u. S. President donald trump b. M. W. Mercedes and fox bargain automobiles are selling well across the atlantic. Since 2017 germanys trade surplus with the u. S. Has actually widened. Exports to china have also risen all of which means germany exported goods worth almost 120000000000. 00 euros in october thats an increase of 1. 2 percent month imports on the other hand decreased slightly to 98000000000 euros that means that goods sold abroad outweighed imports by more than 20000000000 euros. But all is not rosy exports to the United Kingdom for example fell in october companies on both sides of the channel are concerned about the potential effects of braggs it on business. Nonetheless analysts say these latest figures are the 1st positive results for the final quarter of the year with disappointing domestic consumption but encouraging trade data europes largest economy looks set to continue meandering between contraction stagnation and me good growth. Is essential for many industrial processes and that is Energy Intensive so in countries with a lot of sun like mexico for example it can make can make sense to switch to solar energy. Based firm inventive power is helping Companies Make affect the change and save some money along the way. To let tell us more he could cheese dairy is a Family Business every week it produces 40 tons of cheese for the mexican market to do that it needs 40000 liters of hot water the water has to be at least 70 degrees celsius to kill off germs to heat it to the cheesemaker was using nearly 100000 liters of liquefied Petroleum Gas a year the tanks are on the roof. And liberals. Up until now we were paying the equivalent of around 3700. 00 euros per month for gas now its 30 percent less. Rigoberto more he had to invest a lot to make those savings 475000 euros he set up a solar heating facility on the roof now the water is heated directly by the sun but theres room for improvement which is why the technology chief of inventive power is here they manufacture the solar collectors with. The biggest challenge is to integrate the heat from the solar collectors into the conventional processes of the factory. Normally Companies Work with steam thats generated using fossil fuels its hard to get customers to realize that they can get the same effect using a solar system as they do with a conventional boiler. Up or industrial applications for Solar Thermal Technology however remain and nice Market Worldwide they were just over 100 solar process heat installations in food producing companies 28 Beverage Companies have such systems followed by the textile and Chemical Industries with 23 and 17 respectively 14 such installations are used by Mining Companies in this case the plants launch and high yield. The Solar Technology company inventive power was founded in 2010 since then its built 60 solar thermal plants which together reduce Carbon Emissions by 4000. 00 tonnes a year the principle is simple this is the solar collector which has a parabolic shape all the energy that catches on the surface is reflected in todays receiver and it. So when the water passes inside the 2 up for the heat from the sun the dairy is one of inventive powers flagship projects really go back to him or he is hoping to see every turn on his investment within the next 5 years the environmental rewards however are immediate. And that wraps up our show for more you are very much welcome to check out our website of the governors of consciousness business or are. Relevant for me and the entire business. Thanks for watching. Climate change. Says 6. Years today how for the future. For chemical city the making. Sure hello halflings this is super bowl speaking when i come to the show with a ding dong ha concerts with the austrians guests. And then incredible location. Groups. On t. W. Affectionately affectionately as you can. Tell me in the. Middle of his Election Campaign in the year 2000 the documentary was filmed for russian television. To turn the camera back on of course the film secretly chronicled a power grab actually everything was precisely planned instruction. Featuring a top supporting role. To the freedom of russia. And featuring a lead role like youve never seen before. But im here for mayor of it to the ends justify the means. To tims witnesses starts december 13th on d w. Hello and welcome to news from the world of arts and culture the golden globe nominations for film and t. V. Are out ill be discussing the favorites with scott roxboro also coming up well be talking about the 2 nobel prize for literature winners for the last year this year will be receiving their awards in stockholm choose. And in our continuing series 100. 00 german must read an intriguing novel about a musical genius with a supernatural sense of hearing. But 1st nominations for the Golden Globes have been revealed and this basically signals the beginning of the awards season in hollywood as always they are seen as hot tips for the oscars although we mustnt forget the globes are for t. V. As well before i talk to my colleague scott lets have a look at the top runners in film and t. V. Starting with Martin Scorseses the latest star studded movie the hours from. Which are before the gangster drama starring Robert De Niro is a mafia hit man like picked up 5 golden globe nominations including best film and best director. Both joe
comparemela.com © 2020. All Rights Reserved.