Transcripts For DW Business 20240714 : comparemela.com

DW Business July 14, 2024

Farm where. Theres a small boy he dreamed of the stars. As a pilot she says anything no matter how to. Go to the mall. Is an astronaut he took part in the greatest adventure in history. Neil armstrong was his destiny starts july 20th on t. W. An epidemic of violence is sweeping through nigerias food producing regions pushing up food prices across the country criminal going through promise of the fields right villages still couple of burned homes of the average nigerian families all paying the price. The head of chinas beleaguered tech giant huawei says the company is reeling from u. S. Imposed sanctions and slashes income for costs for the year. Also on the show fasten your seatbelts we go to little j. And france where the worlds busy biggest plane makers flown in for the Paris Air Show. This is business africa. As well. Consumer Price Inflation in nigeria was 11. 4 percent year on year in may thats according to the National Bureau of statistics but the hike and food prices hits families even harder in security of the countrys food producing regions as disrupted farming and cost food shortages. Have been raiding remote villages stealing cattle and shooting farmers at random leaving dozens dead last week alone as a result the food sup index rose nearly 14 percent year on year and day and more and more nigerians have to find new ways of putting food on the table. A busy afternoon at one of the biggest food markets in legal people rushing to buy what ever they can afford and that has been decreasing over the past few more. Must find her and prefab home into open markets like the supermarket. Who is cheap but recent price hikes have cost every day i planned on young to become more expensive most people now have to find new ways of money their livelihood where easy sometimes you go to the market you see things that you wont buy you really like to buy and appraises make you go for the ones or just money cuts and things that are not in. Your handbag at the important things places so we can survive and. Spend. It. We are meeting with Economic Experts john seemed to. He says that much of the reason for the price hike is that this is the planting season for many from just todays new supplies in story not enough to sell yet and the fall much also have to deal with insecurity last couple of years weve been witnessing is it not hes not some level of pessimism back enough into an apartment without also states spread to the northwest where were seeing people not just farms that are mans religion but this Cost Reduction dismissing look out. So far the governments efforts failed to solve my jazz security problem as a result and chariots will have to manage to feed themselves if need be ted resources. Where now joined by johnson and joe who they. Asked imagines management in lagos that we saw in the report johnson thank you for joining us you mentioned the security situation for farmers in nigeria in that report how bad is it. If not you know. Anybody. I know reading night. Anything. So theres a little i mean you know i do remember i. So were having serious oriole problems there jones i apologize for that were trying to reestablish that and so we can come back to you a bit later in the show we just couldnt understand it for technical reasons meanwhile the founder of who our way compare the company to a badly damaged airplane while announcing plans to slash production. Expects well weighs Global Smartphone sales to be down 40 percent this year as a result of u. S. Attempts to isolate the company internationally but he insists while way will recover. Quote way is waking up to the damage of its blacklisting by the white house during a Panel Discussion of the companys shenzhen headquarters wrenching faile laid out the impact in numbers. Sean will actually be in the next 2 years i think we will reduce sac capability as our revenues will be about 30000000000. 00 lower than predicted so ourselves forecast is 100000000000. 00 in revenue this year and next year but in 2020 we may reconvene at grey cement and contribute more to Human Society washington shouldnt be trying to whitney should we keep going for. In february u. S. Companies began having to seek government permission to sell components to our way in a move designed to harm the Chinese Companies ability to operate abroad and its worked better than what ways boss had expected. One little wintry shit at the time we didnt think the matter would disrupt our business we didnt anticipate it was going to be as severe as it has become but we did some preparation is like a badly damaged airplane we protected only the core elements like the fuel tank we didnt protect our other parts should all if you try to break any 5 year and there could be more structural damage ahead for a while way as the u. S. Continues to urge its allies not to involve the Chinese Company in their 5 g. Networks who are always strongly denies the white houses claims that its systems could provide a back door through which beijing could spy on or even cripple the west and despite u. S. Efforts ranging faith in sis huawei can repair its broken wings and fly again. China has abandoned an attempt at the World Trade Organization to get dumping levies on is exports dropped the e. U. And u. S. Charge extra in some imported goods from china claiming that state subsidies make them unfairly cheap beijing or of a denies its influence in prices and says its should be considered a market economy china successfully argued that at the veto at the w t o the answer dumping levinson would have been dropped but an official in both of the cases the chinese have pulled out before the decision against them became official. As a milestone for the vietnamese car industry today the 1st customers of local manufacture of in fast get behind the wheel of the countrys 1st overgrown cause then fast is hoping to become the 1st only with no means car maker to challenge International Motoring heavyweights. Lined up and ready to roll the vin fast padilla is the worlds youngest hatchback as the 1st rolled off the production line on friday there was excited anticipation about mondays deliveries to customers. The 1st of our cars have been gathered in 32. 00 official branches of in fast across the country in order to handover to customers on the 75th year. How. That moment has come the 17000. 00 for deal is on the road in fast 6 factories all built in less than 2 years are expected to make a quarter of a 1000000 vehicles during the 1st Production Phase rising to half a 1000000 a year by 2025. But entry into the market isnt without has it been fast analysts have warned that quality conscious vietnamese drivers wherry about trying a local brand they tend to prefer foreign products for high value items nevertheless vietnams Prime Minister is confident the brand can put its own stamp on the Global Automotive industry. Here car reflects the philosophy of its manufacturers country your ability of Japanese Cars the reliability of the germans the sophistication of the americans the skill of the koreans in france needs to create the enemys identity on its cars ok. Theres still a bit of a wait until we see the vin fast v adorning cars on roads outside of vietnam the 1st exports are expected in mid 2020. The kingdom of s. Fortini also known as swaziland is curbing the import of pigs after an outbreak of african swine fever in neighboring south africa as what indias batting livestock imports where the disease has been detected africans one 31. 00 does not affect humans but the disease is highly contagious and fatal for pigs there is no vaccine against it last month south africas i recall from Ministry Said the outbreak of the disease has spread to 4 provinces in the country. The Paris Air Show has started today and its the largest showcase of over. Of the Aerospace Industries might in the world 2500. 00 companies are exhibiting there and more than 300000. 00 businesses are this year but with trade wars weighing on business and safety concerns around make a boeing sentiment is rather muted. The smell of jet fuel is once again in the air around love bushay is the Aerospace Industries biggest event both the military and commercial flyers have forevers the ideal setting to talk about its next project a smaller long haul aircraft built with fuel efficiency in mind the idea making the most distant flights profitable at lower capacities we can fly from northeastern asia interest south asia sapporo delhi for example we can fly from the middle east down to bali we can fly from japan deep interest really across the atlantic deep from europe into deep into north america and vice versa and a frontal attack on boeing which is also developing a plane in the same sector airbus as archrival is in desperate need of a win its money making 737 max remains grounded worldwide after 2 fatal crashes once focused on production of the highly sought after model boeing is now battling for its reputation. Were committed to learning from this and have teams working 24 hours 7 days a week to ensure that were meeting the needs and priorities of our regulators and our customers around the globe. France germany and spain use the airshow to launch their next generation fighter jet project an air combat system that incorporates drones and satellites never has so much Political Uncertainty surrounded the showcase at globe or share britains looming departure from the you could throw a spanner into the works of europes tightly integrated Aerospace Industry and other threats could come from the u. S. Recently threatened tariffs on airbus words in the words of the companys chief be a disaster for everyone. The french israeli billionaire. Media group all agreed to by the world famous auction was. Offered 57. 00 a share making the deal worth 3700000000. 00 well see we turn to private hands after 31 years as a Public Company traded on the new york market. Will allow it to celebrate its growth and quote a more flexible private environment. And thats it for me and the business of africa. Thank you very much for watching. Remembering to see. Whether in Police Custody or jail kentucky hundreds of people have gone missing the decades. The something moves from protest against these disappearances despite government arrest them to. Their need to know is also putting them in danger. You know 60 minutes on d w. 6 make. Raring to reach. If there is any product ready to remember youd have to find it between the alliance. Literature 100 german streets. This is news africa coming up in the next 15 minutes its forcing people to migrate costing Economic Growth and excessive pacing conflicts there are warnings today about the grace at which 1st land is turning to dust all over the phenomenon known as the desertification look at the solutions being implemented in africa. 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