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tv   Business  Deutsche Welle  September 3, 2019 6:45pm-7:01pm CEST

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this is business as on the w.r. as well when we talk about the trade war is usually about tariffs on oil oil or tronics source but it's also about one of the biggest drug problems the us is facing at least according to u.s. president donald trump the opioid crisis in america is costing thousands of lives every year just days ago u.s. pharma company johnson and johnson a record fine for flooding the market with legal painkillers but trump says most of the illegal drugs especially fentanyl comes from china it's not the 1st time the u.s. has made here is asian and beijing says its basis paramedics in western pennsylvania are checking they have enough medicine available during the shift for people who overdosed on fentanyl the synthetic drug is 50 times stronger than heroin and kills thousands of americans every year u.s. authorities have long accused china of being the main source of the drug but the
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narcotics control commission in beijing says it's investigated chemical industrial parks and closed down internet sites selling fenton online and concluded to kill him with a little. president trump said in his tweet that fentanyl was mainly from china is completely groundless and untrue but it was sort of. about 2 weeks ago president trump tweeted that he is ordering logistics companies to search for and refuse all deliveries of fentanyl from china and elsewhere he also wrote the chinese president using ping promised this influx would stop and that it didn't what's clear is that the drug comes in containers and through the mail law enforcement officials from virginia took down a major drug ring last week they found 30 kilograms of fentanyl one official involved in the investigation said that most trenton ill comes directly from china . chinese officials say they're doing everything they can to keep that promise of cracking down on illegal shipments to the u.s. there are gene u.s.
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president trump to deal with the trade dispute and the french are no crisis separately they also complain that searching all shipments bound for the u.s. is slowing down china's export operations. well grandma is within the studio now has looked into this story a bit close a great briefly explained to us what really is the opiate crisis in the u.s. very briefly and how much of a role does it really play now in the trade conflict with china of course so in the united states right now the opioid crisis is an issue of i would say mass addiction and mass abuse and misuse of prescription drugs like. heroin for example which is made used to make oxy cotton and also fenton which is a synthetic opioid. on average opioids kill about 130 americans a day now that is a pretty large number in a massive number but i will say that issues of this magnitude they are multifaceted
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multilayered you know you have to look at the pharmaceutical industry you have to look at small town economic policies you also have to look at you know the u.s. war on drugs and that raises the question you know. what is really causing this is this issue so i will say that the trade war does play a role with the opioid crisis but maybe not to the extent that. it is not you this crisis has been known for decades why is from now suddenly blame in china well you previously mentioned a ongoing trade conflict but it's also been referred to as a trade war both the united states and china have used the state of their current relationship to kind of push back on other hit back you know both politically and economically and i will say that this opioid crisis points to their current relationship being used as a fall guy to kind of cover their own domestic shortcomings so they trump is failing to address the crisis on this drug bust where there's
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a weak link to china. that that authorities that law enforcement authorities have discovered just to sort of. yeah i don't know divert from the fact that that is not doing you know this is correct i mean again like i said you know you have to look at large pharmaceutical companies who are prescribing the drugs you also have to look at you know the supply and demand effect cause and effect you also have to look at you know the people who are getting addicted to these pills and overdosing you know so where it comes from is quite important but also. are the factors that lead to addiction in the united states briefly it's very tricky that's an illegal drug that many companies legally make millions with this the fight against ill that prize is also having a negative impact on the legal a drug companies as of now yes a negative impact both from a p.r. standpoint but also from an a financial standpoint as you said earlier johnson and johnson is paying out about over $500000000.00 u.s.
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dollars in an oklahoma court for being accused of fueling the opioid crisis in that state also the maker of oxy cotton purdue will be paying out $12000000000.00 us dollars to settle about 2000 court cases related to opioid united states so i mean they are taking a hit now but over time they have also profited from selling these drugs very minus thank you very much for. now the u.s. and poland agreed to cooperate on to develop 5 g. technology polish prime minister my tail as you know you pointed out more of its u.s. vice president life and signed the deal in warsaw saying it would quote ensure the security of digital infrastructure washington has been warning its allies not to use of whitman form china's weiwei calling it a security threat. meanwhile wall is set to present its latest smartphone mate 30 on september 19th in munich and unlike its other devices
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this one comes without google's android operating system and with other apps like you tube or google maps that after washington banned google from making its technology available to wall investors will be closely watching just how well the chinese take john and sell without a name brand operating system. now let's go to our financial correspondent only bonds who's standing by in the frankfurt at least i hope he is a constant yet but i'm sure you can he can hear me only i was here and of her disadvantage ok there you are what kind of a disadvantage does this put. us. at churches advantage when media commentators said today it will cost the european market to walk away without an operating system like this your camera can be your your phone can be as good as
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it is that wants with the camera the sharpness of the picture the speed of the processor or the brightness of the screen the clarity there but what prisoners are really really interested in isn't having that kind of t.v. when i walk through frankfurt hero when i'm on the tram perhaps going to work when it's raining you can see the people in growth in their phone and you know the sharpness of the screen or the camera's not that important they want that quick. activity with their with their friends with social media. if they want g. mail and that's not going to be something that well way it's been going to be able to offer so that's going to drive customers into the arms of samsung already number one in the world smartphone market and perhaps apple people as well consumers will have less of a choice in the top line of the market it's a disadvantage to them as well perhaps prices will go up people who use well way phones right now or who use other well way phones with android i think can still
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access android and have apps and all that it's the people who would would have been looking at this new phone who are affected. by the pound and increasing pressure today was prompted the sell off briefly please. yes the sell off is prompted by the situation in london say who knows what will happen might be a snap election it might be a prolonged ation of the bricks at exit date it could be a new prime minister at some point germany corben who is also a nothing much of the market here markets across europe down people fleeing the safe havens like bonds we bought some fine thank you. and now to some of the other global business stories making headlines today lego has reported strong sales for the 1st half of this year the danish tanika famous for its colorful plastic bricks also said it had a good 2018 prolapse the year before the news were boosted by tie ins to the marvel
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aventura movies in an investment drive in india and china. will pay and google pay could soon be given a run for their money by european competitors $7.00 providers are joining forces to form the european mobile payment systems association to build a standard a standardized network across $9.00 countries that aims to raise the popularity of mobile contactless transactions. china's bank regulator has given deutsche bank and the new licenses the lenders now for underwriting access to the market for corporate debt china has been previously chided for posing restrictions on foreign banks which critics say has hindered businesses. to cuba now a fashion firm plunder stina has become one of the island success stories since its founding 4 years ago now it says the eye catching slogans that have made its
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clothes popular are being copied by one of the biggest players in the world of fashion. it has been said that imitation is the sincerest form of flattery but not when you're a small company dealing with a giant on the left is one of the t. shirts that i've made understand his name it says actually i'm in havana. on the right a t. shirt from spanish retail better mazzara it says mentally i'm in heaven a coincidence clandestine a co-founder of danny a del rio doesn't think so she thinks it's a blatant copy i don't watch i went out it's a really serious incident which really affects entrepreneurs small brands and emerging design is again you know nothing out of my hand because it really reduces the possible impact that design would have had. as i say you know born it's not the only on can a resemblance to
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a real have spotted and are as close plunder stina had country under construction and black and yellow zara followed up with simply under construction in the same colors then there was clandestine as the drama is over zara went with delete the drama. the media savvy calander stina has drawn attention desires efforts with another new design it translates as actually little zara you have to stop. that's it for me in the business. this. business.
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surprising people fight for some of that woman a sentiment a moment when there's a flood water comes up to your waist going to close for ausmin every morning but. model y. before her is equally dangerous. may sound keep to see people not self so they can plant crops and trying to meet the system. floods droughts with climate change become the main driver of mass migration you can write any going to night if you want and probably most of the. climate exodus starts september 5th on g.w. . i'm not laughing at the shit i just sometimes am but most of the things which are that we seem to have an thinks deep into the german culture of looking at the stereotypes question in years in the future of the country that i not blame. yet even seems ridiculous grama them
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to me it's all about. bob my show join me to meet the gentleman from d w post. i'm skilled at the my work not hard and in. and this for me you are not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers with alliances of the what's your story ready. i mean when i was a women especially of victims of violence. take part and send us your story we are trying always to understand this new culture. another visitor not a guest you want to become a citizen. in for migrants your platform for reliable information.
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this is the w.'s wife from britain's new prime minister faces 1st parliamentary showdown over rex it. will solve 2 big book for south korea school yet another like this delayed bars shows who fights to keep the option of leaving the new without a withdrawal agreement as lawmakers move to prevent it if tonight's vote goes against it he's threatened to call a snap general just letting all such pros up. if exactly.


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