Laila this is dw news live from berlin. In south to announce a new leader to succeed jacob zuma. It has been a closely fought contest between the Deputy President , Cyril Ramaphosa, and zumas exwife, nkosazana dlaminizuma. The decision could have a huge impact on the country for decades to come. Also ahead, turkrkey has ordered the release of german Journalist Mesale Tolu from prison, but says she will not be allowed to leave the country. Plus, austrias news chancellor is sworn in, having the rightwing coalition. He has pushed to get tough on immigration, but thousands have turned out in protest. I am laila harrak. Good to have you with us. In south africa, the ruling anc is preparing to announce who will take over from jacob zuma as party leader. Voting took place overnight, and it has been a tight race between two front runners, the Deputy President , Cyril Ramaphosa, and former minister nkosazana dlaminizuma, jacob zumas exwife. It is widely regarded as a Pivotal Moment for the coun
Immigration, but thousands have turned out in protest. I am laila harrak. Good to have you with us. In south africa, the ruling anc is preparing to announce who will take over from jacob zuma as party leader. Voting took place overnight, and it has been a tight race between two front runners, the Deputy President , Cyril Ramaphosa, and former minister nkosazana dlaminizuma, jacob zumas exwife. It is widely regarded as a Pivotal Moment for the country. Whoever wins will be well placed to become south africas next president in the 2019 general election. All right. Here to explore what this all means is dws christine mondo. Good to have you with us. Talk to us about these contenders. What does a broadly represent . Christine if you look at Cyril Ramaphosa, you have an astute negotiator. He was meant to succeed Nelson Mandela for the presidency. When that did not happen, he went into business. He has become south africas richest man and has come back to politics over the last five years. I
We are looking at industrial metals, the first down day in nine sessions. The emerging markets index climbed for the highest and about three weeks. Euro strengthening against the u. S. Dollar despite the likely passage of the tax reform plan. Gold gaining. 1 . David lets find out whats going on outside the Business World and for that we turn to emma chandra. Emma today, Congress Begins the final step toward the biggest inrite of u. S. Tax laws three decades. House republicans are expected to easily pass the tax bill and the senate is likely to follow later today or tomorrow. The measure permanently slashes the top rate of tax for business to 20 1 . O 31 35 in washington state, federal investigators say an amtrak train was speeding before a fatal the realm and. According to the data, it was going 80 Miles Per Hour in a 30 mile per hour zone. At least 30 people three people were killed and several others treated at the hospital. The train was making its first run along a new route. A tou
Welcome to friday. 6 00 in london. 7 00 in paris or berlin. Lets check where we are in the market action. We got the msci asiapacific up. Volatility in treasury markets allow a few more gains. We see the japanese market down. Up around 0. 4 . It does not mean we stop worrying about global concerns. It is on its weekly gains. We are keeping track of the strong gains yesterday. We got a change of guidance from the ecb raising questions when will you get changes in guidance. Goes insideedwards baseball, but lets talk about central bank speak. Agoe was a song many years called, big in japan. Weekend of the january 5 that started back in october. The unsettling of the global trade story between north korea, south korea, and japan. You are seeing the bond at risk in japan dropped to a 10 month low. , theave fresh readings Current Conditions index is on an upper upward trajectory. Forwardlooking indexes also remaining high. I want to give you fast facts. The nikkei has had the best start sinc
Welcome to bbc news. The leader of the liberal democrats, sir vince cable, has warned the government not to agree to bailout of the Construction Company carillion with tax payers money. There are fears the firm, which has debts of £1. 5 billion, could collapse after creditors failed to agree a possible rescue plan. Carillion employs about 20,000 people in the uk and is one of the governments main contractors. Our business correspondent, joe lynam, reports this is liverpools newest hospital under construction, it will be the biggest single bed hospital in the uk and its being built by carillion. Now theres concern that projects like this could be affected if the company collapses. From prisons to hospitals, to schools and rail, carillion is responsible for some of the uks largest Infrastructure Projects. Should the government bail out the debt laden company . I think what needs to happen in this case, the contracts have to be kept going, and supporting the supply chain and the tens of