Transcripts For DW Business 20240713 : comparemela.com

Transcripts For DW Business 20240713

Particularly hard with some 220 cases reported and the death toll at 7 italian authorities have put almost a dozen communities on lockdown in the countrys economic heartland now that could spell major trouble for that years 3rd largest economy and possibly the entire block. But slightly calm a day for stock markets yesterday some exchanges saw their steepest one day drop since 2015 today a more mixed picture. In london the Stock Exchange opened slightly up but in new york closing shop down. Thats partly because chinese factories a slowly reopening signaling a replenishment of Global Supply chains and because fears of a truly Global Pandemic havent been realized although its fall from over. Now is the time to prepare so were in the phase of preparedness for a potential pandemic so preparation is now the name of the game in the United States the white house asked congress for 2300000000 euros to prepare medical workers and to find a vaccine japans preparation staggering the daily commute. Because companies and organizations please encourage your employees with cold like symptoms to take leave and we ask that you promote telecommuting or even working staggered hours how did it. Countries with major outbreaks such as here in south korea or iran and in italy business as usual is hard to maintain. There is of course an Economic Impact due to the suspension of activity including for the regions directly affected but we are ready to deal with this emergency youll see that will limit the negative impact including the Economic Impact. Of analysts and now not predicting a global downturn because governments are willing to step in with liquidity and low Interest Rates to stimulate the economy. Lets get some more insight on the impact of covert 19 with ricardo korto he is the china representative of germanys is a supply Chain Management procurement and logistics to the program the cargo where do you see the biggest disruption at the moment. Thank you for having me 1st for what we can observe the point is that more and more companies with production facilities and supplying facilities over in china they see that right now capacity figures are reopening labor is coming slowly back to work which means that Production Capacity cannot reach that level that it used to have before and taking this into consideration with the extend that Chinese New Year break Many Companies are prepared for this issue but now we have to really focus on how the next 2 weeks will go on so that production lines and supply chains can reopen and start working again as they used to before now we hear of some companies trying to shift their production out of china. What do you make of that. Yeah thats true and its also something that we heard through a b m e Member Network in china you have to see that the German Companies or European Companies are working very close together with their chinese Supplier Base and theyre looking to get lets say a mutual solution for this because its not in the interest of the chinese supplier to destroy this relation because of the coronavirus so more and more those German Companies which cannot fulfill their demand in china looking for alternative suppliers also from their supply a base back in europe thats true and how are your member countries in particular trying to arm themselves against the impact of this epidemic. But this is the you have to see it is on no one on one perspective you cannot talk generally over the whole industry since were representing a lot of industries so basically more and more companies are focusing on their stocks on their stock issues if this stock management will allow them to go on with their production capacities that its good if this stock for producing the materials like Raw Materials components and so on will continue way to shrink. Then this will have a for sure an impact on all the field activities that the company will take i mean theyre running into major difficulty done yeah of course this is something where how a company see that Risk Management is getting more and more important and that us is of these entire supply chain and analysis of the entire supply issue and supply a portfolio to see where can we shift some issues ill turn the test route of transport an issue so all these aspects putting all together on the concrete evaluation and lettuces also for the future to be even better prepared if such kind of situation should ever cure again ricardo briefly what do you expect from authorities in germany and on the chinese side. Thats a good question thank you i think especially from the chinese authorities i think transparency and keeping up transparency is crucial so that we all can get an idea of what the dimension that this virus is bringing to the Global Impact and furthermore from the german torah hes also talking about the German Federal government so far we believe that the Risk Management is quite good but however if this crisis will continue and having an impact federal government should also have a look not only on the health issue but also what they could do to stimulate or to protect the german environment in terms of economy record a quarter of germanys association of supply Chain Management procurement and logistics thank you for talking to w. Now vietnams textile sector could suffer as a result of the new coronavirus producers are forecasting is severe shortage of materials during the 2nd quarter of the Year Companies say they have sufficient materials until the end of the 1st quarter but production beyond that could be hampered by difficulties importing from suppliers in china japan and south korea china provides more than half the materials for it noms Garment Industry textiles represent vietnams 3rd biggest export earner after smart from. Its. U. S. President s donald trump is wrapping up his 2 day visit to india today trade ties between the 2 countries have been strained in recent years with terrorists flying in both directions now despite mr trump and indias Prime Minister modi agreeing on major arms deals that doesnt seem to be enough to east engines now that snot a comprehensive trade agreement signing not yet at least the us president put his name to the visitor book at the memorial to Mahatma Gandhi in new delhi before being presented with a bust of the much revered independence leader however that was not the only place where donald trump left his president ial mock. I know Prime Minister modi will agree that this has been a very productive visit for both of our countries earlier today we expanded our defense cooperation with agreements for india to purchase more than 3000000000. 00 of advanced American Military equipment including apache and made 60 romeo helicopters the finest in the world there was also a deal between us and a g big hit to exxon mobil and the Indian Government to to see the americans improve Indias Energy Distribution Network itll mean the u. S. Can sell even more of its oil and gas to the subcontinent after that closely watched comprehensive trade deal President Trump says theres been tremendous progress but theyre not shaking on its just yet. Lets get more from correspondents on the out finally car in delhi she joins me on the line now sania no comprehensive trade deal there what ultimately stood in the way of it. Well you know there have been there have been a number of issues here negotiators from both sides have really wrangle for months to to kind of narrow differences on lowering centrally important barriers to farm go to medical devices theyve been issues with digital create a kind of new retaliatory targets so this is really kind of complicated create talks and i think patents that been at the heart of the last deal president cumberbund in indias beverage. That couldnt. Get good would fight 1000000000 dollars and is returning to its back with the tab of those kind of tit for tat tat of largely the mean and please so i think a list that is ready to tackle this difficult to see how we you know you can have a comprehensive pretty satisfied of the tariff issue a number of em or you were signed what are we to make of that how how were the all those. Went from the 2 leaders did talk about a whole range of issues you know that included things Like Technology the Energy Sector the company also talked about the importance of the secure 5 to Telecoms Network in india ahead of a planned airwaves auction they are the top counterterrorism income to support a more you say this they signed one on on on medical devices that are long been a Sticking Point between the 2 sides india is about big market for me a blunt and car 90 days which are made in the us but the more the government has put price caps on them which means that Risk Companies are spending that money. So they did discuss a lot of these things but you know nothing concrete is there i think the only tangible agreement weve seen has been in the Defense Sector as good a book pointed out and so on a President Trump says he wants to make deals with everybody in the world what does india one when it looks at the worlds biggest economy. When i think for india the priorities are really pushing for an exemption from high u. S. Duties on steel and adamant you know these reflect in 2018 indias was hurt largest economy goes thats important it wants a resumption of export benefits and its simply ones easy access to the u. S. Market for a product you know that ranges from the all to components 6 to age getting hung up on a car in delhi thank you thank you. You ministers in brussels are set to formally pass a mandate for the blocs post threats to trade negotiations with britain the mandate acknowledges britains demands for the removal of terrorists and quantity restrictions in. Britain to comply with a serious regulations aimed at guaranteeing fair competition on these into workers rights and Environmental Standards as well as the provision of state allowances. Are set to begin in early march. And the wraps up our show if you want more go ahead and check out a website a d w dot com or our facebook and twitter feeds im bowling thanks for watching every. Every journey begins with the 1st step and every language with the 1st word courage to. Recoat is in germany to learn german why not with simple online on your mobile and free. Course nikos being german made easy. It is for me. For. Beethoven is for. Beethoven. And beethoven is for. Beethoven is for everyone. But he told in 2020 years in 50th anniversary year on d w. That. The man who once ruled hollywood is going to prison former film executive Harvey Weinstein has been convicted of 2 sex crimes including rape the verdict from a new York York Court comes more than 2 years after revelations of weinsteins that misconduct prevent propelled at the me to movements against sexual abuse and Sexual Harassment and so the global spotlight welcome to arts and culture im joined by our film reporter scott roxboro scott what exactly does this verdict mean for the Film Industry. Well i think this is a real reckoning for the Film Industry a lot of people within hollywood who are hoping for more serious convictions against a y. C. Might be disappointed by the outcome of this trial but i think the fact that a man who was once so powerful as Harvey Weinstein was within the Film Industry i mean this is a man who who had around 81 oscars to his name through through the various productions that he did the fact that a man like that could have been brought down all brought down in this way and will serve jail time for the crimes that he committed suggests that no one is too powerful to to not face justice and i think thats a major shift from just a couple of years ago where the kind of activities that Harvey Weinstein found guilty of were almost accepted as part of the way of doing business in hollywood i think that is over and that power

© 2025 Vimarsana