Transcripts For DW Business - News 20181109 23:02:00 : compa

Transcripts For DW Business - News 20181109 23:02:00


watch out the truong democrat maxine waters is set to lead the powerful financial services committee following the midterm elections and already she's flexing ho muscles also coming up with less than five months to go before britain's exit from the e.u. summit u.k. companies are eyeing an exit from britain just to stay in business. and after years of political unrest and terrorist attacks tourists is slowly returning to enjoy each it is attraction. based says your business update on having a home free i'm glad you could join me now her name is maxine waters she's a democrat and most crucially the new head of the financial services committee in congress and she's already known as anniversary of president donald chung but i
need position gives her more power she can now and that subpoenas and on her radio is key to the president which is can look into documents and bank statements possibly a connecting trunk and russia democrats are not yet decided whether they will subpoena georgia or what aspects of the president's finances they would like to look into. well let's get more on this now with our financial correspondent so fishermans q on wall street sophie in light of this how concerned should the president be. very concerned helen i put two reasons on the one hand because of water stands on from deregulation also banks and financial sector an important pillar of his presidency and an addition to that she could also investigate trump himself as he would have the power to subpoena trump personal effects returns a big story during his campaign that still hasn't been resolved trump has bucks to
presidential tradition in not releasing his personal secretary and claiming that he has to wait for an i.r.s. audit on his returns to be completed first yet that still hasn't happened but waters could make that happen so let's say he said what about all the other side of the banks deutsche bank for example. just a scary helena a scary prospect for them waters ten and to want to bring in bangles that could have for investigations she would like to make the c.e.o.'s of big wall street banks testify before congress about what their banks are doing waters said that she plans to investigate for example dacha bank as they have been lending money to trump and waters even calls that are to bank one of the biggest money laundering banks in the world and not only that but as i mentioned earlier she is a strong opponent of deregulation a bang something that trump has been companion for and while it is not likely that
waters would be able to make it through the republican senate with this proposal it is also on likely that further deregulation would make it past her committee go right to fishman skewed reporting for us thank you very much indeed sophie. well despite frosty relations between the united states and cuba one area of cooperation between the sunni countries has always remained medical and scientific collaboration and now the u.s. and cuba t.v. up to fight a common enemy cancer as they test the effectiveness of a revolutionary cuban treatment for lung cancer. some of hailed it as a miracle cure in the fight against lung cancer event or researches say the revolutionary technique involves the active immunology of a protein called e.g.f. that stimulates cell growth samples of abnormally developed e.g.f. from lung cancers mixed with agents that stimulate the immune system that helps the
immune system to identify and target the proteins in the cancer so i'm asked and it's one more weapons in the fight against cancer and we can use it together with other weapons such as chemotherapy. the treatment which has been administered by monthly injections at this cuban research center since two thousand and eleven has already been approved in bosnia power of why peru malaysia and sri lanka around five thousand patients worldwide are undergoing the treatment the roswell park cancer institute in buffalo in the united states formed a partnership with the cubans in two hundred fifteen. to the only clinical result of variance in that we're combining some other acts with state of the are you know therapy so that we're ready not just for late fees testing but we're all tingly ready for potential commercialization in the u.s.
but there's still work to be done researchers say first results from thirty american patients are very encouraging but they now need to replicate them in the largest sample group. a u.s. federal judge has halted construction of the keystone x.l. oil pipeline which was supposed to run from canada's texas the u.s. district court of montana ruled that the trumpet administration should not have a return to ban on the project trump called the court's decision a disgrace he'd given the go ahead for the eight billion dollar project despite widespread protests and it would create jobs and fresh infrastructure and twenty fifteen president barack obama had denied a permit for the pipeline off to numerous oil spills. irish prime minister says a briggs it deal could be done and dusted within weeks his comments came at a british irish council meeting with senior british politicians now on and will remain an e.u. member off to brag zip-it move in and will leave with britain agreeing on the border between the two off to bragg's it is the main stumbling block to an e.u.
u.k. agreement some british business is already preparing for the worst possible scenario . it's a case of better safe than sorry for this chocolate maker with less than five months to britain leaves the european union contingency planning is gaining urgency . we've been on the also finding visit so impressed me to see what i mean partly because i poisson so working nationals so in some respects moving there will be relatively easy no confidence in our government in india bring a viable solution to business like myself some of the chocolate makers workers have already left ahead of bragg's it so it is already in trouble and it's not a long many major companies are moving some operations or announcing plans to leave the u.k. altogether bank of america moved its european headquarters to dublin from london to paris panasonic moved its european head office to amsterdam
a survey by swiss bank u.b.s. says that by the middle of this year one in three firms a cut investment in the u.k. because of threats that unless a deal is struck soon more businesses will be forced to plan for hard breaks it. to greece is so-called red gold now saffron is already cultivated in very few countries but as its nickname suggests it's extremely expensive the greeks have been doing it a free centuries and in fact even helped some of them through the global financial crisis. start from the negroes for a few weeks in autumn the spices extracted from three red threats that grow inside the saw from crocus flour. that picked out by hand which is why some from it's one of the most expensive spices in the world. one gram costs up to twenty euros giving it the nickname bread gold it mostly grows in iran but also in
northern greece during the economic crisis greece rediscovered suffer and as a source of income this is corinne went to london to look for work. despite having two university degrees he had no luck and returned to greece and twenty twelve. in the philippines missed the gruesome it was difficult to find work during the crisis because particularly in civil engineering because there was no construction of them some kind of just i think we've been taught how to grow stuff from from our parents and grandparents and we knew our way around the fields. with them and so i thought some from could provide me with a good source of income and i'm going to form a plan to get a. curry works for our great cultural collective that's grown enormously since it began back in two thousand they were producing thirty kilograms
a year today it's full tonnes the suffering industry employs five thousand people in greece in a region where the crisis left almost a quarter of people unemployed. a lot of young people found work in the fields. there even scientists out have planting practices to try and make a living. stable i think more people will come if a product continues to sell. but if there's more to moms we will increase production. seventy percent of the stuff from his exported to the u.s. germany and from the co-operative is currently negotiating with chinese wholesalers that planning to acquire more land for crops next year. tourism is returning to egypt after years of political unrest the sector snapped back last year with more and more europeans returning and interest is growing in countries with a lot of potential like china. the tourists are back around the pyramids of
giza for example tourists who booked spain last year are coming to egypt this year they want to see the big sites this group from france is taking a boat trip along the nile. before the like you alone in the world a lot of peace and quiet a beautiful moment with family and friends investors are once again active after a long hiatus like investing in the nile's fleet of boats that creates jobs which are desperately needed. to go for several years we've hardly worked at all it's much better now we sometimes work up to twenty eight days a month. tourism is enormously important for the egyptian economy the tourism industry in cairo has just announced that it will make up around fifteen percent of economic output this year and that's not just the returning european tourists to be in. the chinese to have discovered egypt many chinese restaurants have sprung up
with national language and cuisine just like at home. that's a europe stay with us from the world of business for more find us on facebook follow us on twitter i'm there as well how to see how afraid she is my handle thanks for your company and you have a great weekend. tut . tut. tut. tut.
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