Transcripts For DW Business 20240713 : comparemela.com

Transcripts For DW Business 20240713

Happen to get darker on our go far further. Or for parts of the book comes. Amid kind of more. Up. There because theres. Something jenny said. Is luke tons of days away from another cabin crew strike flight attendants warn theyll drop their work in the travel heavy last week of the year well take a look at what that could mean for the german flyer. Also on the show its been a rough year for carmakers but an interesting one for cars well take a look at what rolled into the big auto shows this year and out of the tinkers derogate. And whiskey makers in scotland have a bitter taste in their mouth as u. S. Tariffs begins and bite. This is your Business Report im Stephen Beers in berlin thanks for joining us german industry sees its problems continuing into the new year nearly half of industry lobby groups surveyed by the German Economic Institute expected growth to stagnate and more expected business to decline than to increase in 2020 a period of normalization after years of growth is coupling with International Trade disputes to dampen Global Business according to survey respondents hardest hit are the current manufacturing branches the bright spots the construction and Service Sectors both of which could see more growth and lets go now to our financial correspondent in frankfurt. We talked about the car industry there being one of the sore spots thats going on does any of this information surprise you know these expectations i should say that they surprise you. No they dont the car industry has been going down hill its maybe a little exaggerated this expression but its been suffering this year progressively as the year wore on and not only the Car Manufacturers themselves where the spotlight is also obviously on them mostly but also many car suppliers who form the backbone of the car industry here in this country and both of which the suppliers and the automakers a lot of other companies and Service People in construction and consumers of course also depend and economic analysts economists have downgraded forecasts for German Growth throughout the year not least because of the situation and the current history believe hold on i want to ask you about another report that we have German Airline live tons of could see more strikes before the end of the year the union that represents cabin staff says that the plan says details of the planned walkout will be released on friday thats part of a long running dispute over pay and conditions recent months have seen walkouts for loop tons of subsidiaries and a 2. 00 day strike in november a total of 1500. 00 flights were canceled then leaving 200000 passengers stranded its go back to early now. If is there waiting on. A low i still hear the tensions strike from live tons of there are from the flight attendants with lou tons of what could this mean for the fly theyve had a bad run recently. They certainly have and its already made an impression on their profit picture i hesitate to start with numbers but they speak a very clear language here the 1st 9 months left on the net profit the klein from one point 8000000000. 00 euros which was 2800 to this year 1000000000 euros so lets say almost have defused will and so lufthansa is under some pressure to reduce costs and it aims to do this among others by having cabin crew not earn as much as they would like and to set different conditions for new people coming in but the union is in a very strong position and later when they announce their plans at 5 oclock it will be clear what kind of disruption what kind of major disruption they might be causing and cause maybe further grief for loved ones and and also for passengers routes of they will keep watching the bods there for us in frankfurt thank you. Now as mentioned earlier the past year was an especially difficult one for german Car Companies caught between declining sales on one side and the need to invest massive sums a new technology on the other the biggest automakers each announced plans to shed thousands of jobs in the coming years that didnt stop them and smaller tinkerers from showcasing some bold and even ridiculous new ideas of mobility take a look. Is this what the world was waiting for. Ladies and gentlemen that knew or should taichi. The 1st fully electric porsche starting price 105000 euros the porsche take on is the biggest competition the tesla model s. Has seen yet. Yes the tesla in november testone baled their latest number and electric truck with apparently dont break the windows at least thats what it said in the cyber truck brochure yeah it didnt work out quite that way. But well. Maybe that was a little too hard. Was this for demonstration purposes or was the cyber truck still a work in progress. Garnering fewer headlines was the ingenious invention of a ukrainian beekeeper in june he presented the worlds 1st homemade electric car that he drives to his beehives every day. Not one for the big car shows like the annual Geneva Motor Show here french luxury modified sure but gosh he presented what is supposedly the most expensive car in the world complete with handmade wheel rims it will set any buyers back 16000000 euros what makes this race race is one of watch this is for sure. A completely opposite end of the spectrum is v. W. 1st purely electric car the id 3 which is aimed at the mosque marcus. The idea 3 is opening the next chapter. Fulfilling the. Become actually 0 emission brands by 2050. 1 this yr omission goal had already been achieved in january by a russian schoolteacher. Exactly one horsepower for 0 emissions. The horse drawn car stands for a global trend making new out of old. Falso in london was this morris minor built in 1953 which used to run on petrol but is now always plugged in at night it hails from a startup that makes its money by retrofitting old cars. Why scrap the when there isnt actually anything wrong with them except for the power train. The only thing classic cars con to yet is fly other inventors are working on this maybe 2020 will be the year the flying car goes into mass production. Theer a p in cloud could it be a place to store huge volumes of data while meeting the e use strict data regulations france and germany wanted theyre not happy with Amazon Google microsoft and alibaba dominating the market for Cloud Services especially given that the u. S. And china have very different approaches to Data Protection the question now is europe even capable of creating a cloud without those big tech players. Need a place to put your new construction plans more and more Companies Worldwide are storing files like that in the cloud all kinds of data can be stored there the advantage is that employees can access it from anywhere in the world at the same time anyone can use the cloud to access familiar programs such as word and companies can upgrade to more Storage Space at any time if need be the disadvantage for european Data Protection is that only 4 providers dominate the market just such they saw that american and Chinese Companies have a clear supremacy in the world market it means they have a certain amount of influence over the data and that worries us from a legal point of view. Its not so much the economic aspect but simply the fact that these companies can easily exercise control over the data even i did. Also. One example is germanys federal police which stores photos and video recordings from their body cams in microsofts cloud american authorities access them because microsoft has to allow that under u. S. Law german or european cloud providers would also like to store the recordings but they didnt stand a chance in the tender. Than i did with autism and of course we have a problem if enough already wants to use a Cloud Service but they havent heard of us yet thats happened in the past that we werent even noticed at all and we have to change that we take the hit and run germany wants to promote a european cloud alternative by encouraging smaller european providers to cooperate that process would be supported by things like government contracts but the question is where the European Companies will make the needed investments after all the big 4 cloud providers are still technically superior. But in boston again couldnt we can already cover 80 percent of the requirements necessary for basic technologies and we think thats enough to be able to compete on a global scale but when it comes to total detail applications Artificial Intelligence and so on we have to be honest were lagging far behind it. The big 4 suppliers plead innocence they stress that anyone who encrypts their data in the cloud is safe from data misuse something that no one can really verify. The United States announced plans earlier this year to impose a 25 percent tariff on a range of e. U. Goods the move came in response to a World Trade Organization ruling the found that the e. U. Had been illegally subsidizing aviation giant airbus among the products affected is whiskey. So. I saw Many American tourists visiting scotland a whisky tasting is the quintessential experience for scottish distilleries the us is a lucrative market accounting for more than 10 percent of global export volumes for them the tariffs couldnt have come at a worse time. We had agreed in principle to go into 23. 00 states and 200. 00 Stores Across the states with a large retailer in the us and 12 hours later we woke up to a 25 percent tariff on single malt whisky so that has packed ice huge clouds over our discussions on our plans to launch in the u. S. The Scottish Whisky Association says the impact can be estimated based on whats happened to american bourbon whiskey imports to europe what were expecting is around 20 percent drop in the sales of single malts in the u. S. You know we have the example of of us whiskey being shipped to europe which has been under 25 percent tariffs so that are stating months and the american whiskey industry has brewed experienced a 20 percent drop in sales in europe with that level of tires that says that small distilleries will take the biggest hit because their lower volumes mean they already have to charge a premium price the tariffs combined with bricks its affects on access to the European Market are expected to be a major setback for distillers threatening some of the 11000. 00 jobs in the industry. And thats it for me and the Business Team here in berlin for more Business News and features you can always go to d. D. Dot com slash business or follow us on social media facebook and twitter of course im Stephen Beers in berlin as always thanks for watching. Africa. Research project climate protection of students from 20 countries involved in a scientific expedition to teach us how to collect samples from to devise the same time in the good sense of the standards of the project will help them to spread environmental awareness by cause. He wants to share that theres a lot that we can be cool for go. W. People. Used. To get over now im sure there are those are the girls with. The most in support of. Whats a big whats a bar over. To believe that. Hello and welcome to the new edition of africa wrote you why did a beauty in germany n. T. V. In uganda and channels t. V. In nigeria i am saundra to know via reporting from compiler here in new gun

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