Browse content similar to 29/08/2016. Check below for episodes and series from the same categories and more!
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Now for the latest financial news with Tanya Beckett | :00:00. | :00:00. | |
A huge free trade deal between Europe and the US is at risk | :00:00. | :00:19. | |
after the German Economy Minister admit talks have effectively | :00:20. | :00:21. | |
And as the long drawn-out impeachment process | :00:22. | :00:26. | |
against Brazilian Presiden Dilma Rousseff nears its end, | :00:27. | :00:29. | |
why is the business community in Brazil so happy? | :00:30. | :00:38. | |
Welcome to World Business Report. I'm Tanya Beckett. | :00:39. | :00:41. | |
In a minute we'll tke a look at how you can make films about same-sex | :00:42. | :00:45. | |
relationships in a country where gay sex is illegal. | :00:46. | :00:47. | |
negotiations on a huge free trade deal between the European Union | :00:48. | :00:53. | |
and the United States have effectively failed - | :00:54. | :00:55. | |
that's the view of Germany's vice chancellor, Sigmar Gabriel, | :00:56. | :00:57. | |
who also is the German economy minister. | :00:58. | :01:00. | |
Gabriel accused Washington of being angry about the deal | :01:01. | :01:03. | |
that the EU struck with Canada, because it contains | :01:04. | :01:10. | |
elements the US doesn't want to see in the Transatlantic Trade | :01:11. | :01:13. | |
and Investment Partnership, better known as TTIP. | :01:14. | :01:16. | |
TRANSLATION: The problem with this agreement is that all kinds | :01:17. | :01:19. | |
of assumptions are spreading because the EU decided to hold | :01:20. | :01:21. | |
Many also confused the agreement with the Americans, called TTIP, | :01:22. | :01:28. | |
In my opinion the talks with the United States have defacto | :01:29. | :01:34. | |
failed even though nobody really admits that. | :01:35. | :01:39. | |
That is because they held 14 negotiation rounds, | :01:40. | :01:44. | |
not one agreement was made on any chapter. | :01:45. | :02:05. | |
He also warned the EU could go down the drain. It is true to say that | :02:06. | :02:14. | |
has been reservation about the prospects of a trans- Atlantic | :02:15. | :02:19. | |
partnership from the European side alone? It has been the driving force | :02:20. | :02:27. | |
of the Obama presidency. A lot of the drive has been coming from the | :02:28. | :02:33. | |
US side. It has been lukewarm around Europe. Brussels has been keen, the | :02:34. | :02:43. | |
UK not so much. After 27 chapters we have not got anywhere. The truth is | :02:44. | :02:48. | |
that it would be a difficult deal because it is very complex but is | :02:49. | :02:53. | |
there an underlying reservation because, inevitably, although | :02:54. | :02:57. | |
globalisation is a good thing according to many economists, it | :02:58. | :03:04. | |
does have some horrendous effects for some sectors? They would come up | :03:05. | :03:09. | |
against huge competition. France has been one of the countries most | :03:10. | :03:17. | |
critical of it. It puts ordinary people's jobs at risk. Interesting | :03:18. | :03:24. | |
what he said about Brexit. In the UK that challenge will be to strike | :03:25. | :03:29. | |
bilateral deals - it is a different business? Absolutely. Again, the UK | :03:30. | :03:38. | |
government, the Cabinet, is split down the middle whether the UK | :03:39. | :03:43. | |
should stay in the single market or getting out. It creates a period of | :03:44. | :03:50. | |
confusion. TTIP and many other agreements are very much at risk. | :03:51. | :03:53. | |
Not having confidence in Europe. It is a decisive week for Brazil, | :03:54. | :03:55. | |
as the country's politicians will finally put an end | :03:56. | :03:58. | |
to the impeachment saga that has gripped the country | :03:59. | :04:01. | |
for the past nine months. In the coming days, the Senate | :04:02. | :04:03. | |
will vote on whether to impeach suspended President Dilma Rousseff - | :04:04. | :04:06. | |
on charges that she overstated government finances, in order | :04:07. | :04:08. | |
to mask a growing budget deficit. Brazil's business community | :04:09. | :04:12. | |
is showing signs of relief that this For the past year, the glass has | :04:13. | :04:29. | |
been half empty for this chain of stores in Brazil. They sell premium | :04:30. | :04:37. | |
important beers to consumers in 70 stores across the country but since | :04:38. | :04:44. | |
the crisis started last year, they have been dramatic swings in the | :04:45. | :04:48. | |
value of the Brazilian currency. I am importing beers. It is a high or | :04:49. | :04:54. | |
us in Brazil stop that meant really that prices went up by more than 30% | :04:55. | :05:02. | |
for many products. Many people, all the imported products, were putting | :05:03. | :05:07. | |
30% on top because it would kill the markets immediately. Brazil's | :05:08. | :05:13. | |
currency and stocks have been too is effected by politics and recession. | :05:14. | :05:16. | |
It lost nearly half its value against the dollar last year that | :05:17. | :05:22. | |
the year, after the President may lose her job, it soared. Businesses | :05:23. | :05:28. | |
say confidence is coming back stop the head of one of us ill's biggest | :05:29. | :05:38. | |
retailing shops says the biggest obstacle to growth may soon be | :05:39. | :05:44. | |
grown. We really believed in a sharp uptake into 2017 and investments are | :05:45. | :05:50. | |
going to come not just in retail but infrastructure and many other | :05:51. | :05:55. | |
industries. Businesses say the mood has changed, consumers were willing | :05:56. | :06:03. | |
to use cash. But the reality has not changed yet. Brazil is still in a | :06:04. | :06:08. | |
deep recession with high levels of unemployment. | :06:09. | :06:15. | |
A new Indian mini series was released online over | :06:16. | :06:17. | |
the weekend, about two women who fall in love. | :06:18. | :06:19. | |
But in a country where gay sex is illegal and same-sex | :06:20. | :06:22. | |
relationships are rarely portrayed in film - | :06:23. | :06:24. | |
it's a subject that is hard to make into a commercial success. | :06:25. | :06:27. | |
This is a story that almost never got made. | :06:28. | :06:39. | |
The producers were not sure how Indian audiences would react | :06:40. | :06:41. | |
The initial response was very shocking for me, | :06:42. | :06:48. | |
because the moment I said two girls in love, he is scared. | :06:49. | :06:53. | |
Finally he agreed to produce, but they decided against it, | :06:54. | :07:01. | |
but he was doing it without his parents knowing. | :07:02. | :07:09. | |
They found out and they are not OK with that. | :07:10. | :07:11. | |
on a crowd funding website, and though she got the money | :07:12. | :07:18. | |
she has only been able to self publish short episodes on YouTube, | :07:19. | :07:22. | |
meaning it is unlikely to make that money back. | :07:23. | :07:26. | |
The first time a same-sex relationship was portrayed | :07:27. | :07:28. | |
in mainstream Indian cinema in 1998, there were violent protests | :07:29. | :07:31. | |
It did lead to public debate on homosexuality and free speech, | :07:32. | :07:42. | |
but 18 years later, the subject is still taboo. | :07:43. | :07:48. | |
Earlier this year, a film that dealt with homophobia was | :07:49. | :07:51. | |
after struggling to find producers and distributors. | :07:52. | :07:57. | |
After a positive response from viewers, a sequel is the plan. | :07:58. | :08:02. | |
And this website has been set up for people to publish stories | :08:03. | :08:07. | |
about relationships and love and says that producers | :08:08. | :08:10. | |
and advertisers need to realise there is a market. | :08:11. | :08:15. | |
It is not something that has been incorporated into mainstream media | :08:16. | :08:18. | |
There is a hesitation about what the market is for it. | :08:19. | :08:25. | |
Money comes more with a sense of what is the market, | :08:26. | :08:29. | |
and people with money tend to be conservative about form, | :08:30. | :08:33. | |
and only want to back that which is already known | :08:34. | :08:35. | |
Despite gay sex being illegal in India, the LGBT immunity | :08:36. | :08:43. | |
is trying to be vocal and visible, and changing technology is creating | :08:44. | :08:46. | |
new ways for them to tell their stories, but only changing | :08:47. | :08:48. | |
attitudes will make those stories financially viable as well. | :08:49. | :09:00. | |
China's Sinopec - the world's second largest oil refiner - | :09:01. | :09:03. | |
has been hit hard by sharply lower oil and gas prices. | :09:04. | :09:07. | |
Net profits for the year's first six months are at their lowest in eight | :09:08. | :09:13. | |
That's down nearly 22% compared to a year ago. | :09:14. | :09:17. | |
But the result was still better than expected by some analysts. | :09:18. | :09:20. | |
Workers at Hyundai's biggest manufacturing plant in South Korea | :09:21. | :09:24. | |
could meet as early as today, after their union overwhelmingly | :09:25. | :09:26. | |
rejected a wage deal with the carmaker. | :09:27. | :09:31. | |
Nearly 80% of its 45,000 unionised workers turned | :09:32. | :09:33. | |
Walkouts in July and August have already cost the company | :09:34. | :09:39. | |
Janet Yellen's worth about a Ray Rice are the main words effecting | :09:40. | :10:00. | |
the market. -- words about rate rise. | :10:01. | :10:01. | |
People with heart disease are less likely to die from it if they follow | :10:02. | :10:05. | |
a Mediterranean diet, according to new research. | :10:06. | :10:06. | |
The study in Italy found that those who ate vegetables, | :10:07. | :10:09. | |
fish and oil, could reduce the risk of an early death | :10:10. | :10:13. |