Will take good care of you may sometimes be one fever took hold on the west coast of congo in 2700 stores made big promises, but years later, reality looks very different from shoes. Good Drinking Water shortage. High unemployment, nothing to god. No stream of black gold. Oil starts december 4th on d. W. Is china cracking down on its tech giants . Beijing dangles its antitrust laws are big players like alibaba in 10 sets. And markets react harshly. Also on the show will visit one of chinas most popular tech firms, ride sharing app, g. T. True, saying, and take a ride in its new autonomous car, just outside shanghai. I mean, a group of berlin tech workers joining together to promote diversity in a sector that tends to look pretty marginal flow. And welcome to the show. Im Stephen Beardsley in berlin. Its good to have you with us. And shares of ali baba and 10 cent fell sharply on wednesday. It by concerns of a new anti trust legislation by the chinese government. Beijing has published t
Is some good news local booksellers are thriving right now in germany pandemic really is a page turner. And welcome to the show im Stephen Beard in berlin its good to have you with us and we begin in germany where the pen dimmock is leaving a deeper imprint on the economy than previously thought thats according to a new joint report published by the countrys leading Economic Research institutes theyve downgraded projections made earlier in the year forecasting now that the German Economy will shrink by 5. 4 percent and 20. Thats more than a percentage point worse than the earlier projections but they also predict a slow recovery compared to prior forecasts infection rates are rising again in germany meeting to new business restrictions. And one of the authors of that report joins me now stefan crudes is head of the Forecasting Division at the kill institute for the World Economy stuff and its good to have you with us. First obvious question what is driving this report what is driving t
The past. Treating successful. Soldiers. Starts october 1st. W. Competing to become the worlds back office could south africa easing economic worries by becoming the Global Outsourcing capital well look at Research Showing found rushing to set up shop also coming up. A headache for belgiums fear make this will visit a prairie that struggling with new restrictions on pubs and cafes in brussels. Will bring some better news local booksellers are thriving right now in germany turns out the pandemic is proving a page to. Business. Welcome to the program. South africas economy has been badly hit by the corona virus pandemic so amazons recent announcement that it would be creating 3000. 00 additional jobs in Virtual Customer Service there was more than welcome south africa is becoming increasingly attractive to companies wanting to outsource jobs according to a recent study by Consultancy Firm mckinsey more than 100 business process outsourcing providers are employing around 270000 people in
And os on the message. Hello im christine wonder its good to have your Company Young nigerians protesting Police Brutality were back on the streets again today keeping the pressure in a campaign that has forced the government to disband and the tories and you see it as in a riff on station to people power in africas most populous nation nigerias police say a new unit will replace the controversial special robbery squad or saws which was dissolved following protests over accusations off which had but the announcement of the new special weapons and text tactics team also wash has not calmed the anger on the streets as protesters continue to call for Police Reforms. The crazy was Nigerias Young people standing up to injustice incidents of Police Brutality have triggered days of nationwide protests forcing the government to act. It is now disbanded the controversial saas police unit but human Rights Groups say up to 10 people have been killed after police opened fire at separate protests i
It may not rhyme but its more compelling than sell in may and go away. It was something i heard many years ago and then it turned out to be a terrific summer rally, because of a rhyme sell in may and go away is suboptimal advice, but this may it just so happens the markets run too much versus if fundamentals the dow plunged 622 and the s p losing 8. 2 . And the nasdaq knowsdiving 3. 20 off the rails. Now, after a week that ended in a bombshell after President Trump talked about the possibility of retaliating against china for not doing enough to stop the coronavirus, i dont love the timing here but if theres one thing weve learned, you need to take the president seriously when he threatens to take action against china, because hes done whatever he says and thats bad news for the stock market let me put it this way in 2018 and 2019 we went after the peoples republic with both barrels. We were in a position of strength strong gdp growth and incredible job market 30 Million People have lo