order the new silk road. china wants to expand its influence with this trading network also in europe. china is promising. it's more rich profit. in europe, there's a sharp warning. wherever accepts money from the new super power will become dependent on it. china's gateway to europe starts july, 1st on dw, the even when he's not in the room, let me approach it seems to cause trouble. you lead us today rejected a joint proposal from germany and france at brussels restart meetings with the russian president. but the leaders didn't just say no, it was more like you want to sit there, watch with who you to out of your minds. so what we're going to mac manual macro thinking, and how did they miss read the room so badly?

i'm feel gale in berlin and this is the day the me there was no consensus for quick e rushes, i will not participate in the meeting with me. putting myself in that this is not about rewarding preaching. the kremlin understands power politics. the kremlin does not understand free confessions as a sign of strength. we will engage russia when it is in our interests to do so. to achieve our goals, it seems to me like we try to engage the beer, to keep a bottle of honey safe. also on the day recovering but still unwell studies show that up to 10 percent of people who become from cobra 19 go on to suffer from long cove. it was symptoms persists for months.

the simplest of tasks can represent a feat of strength, closer. why biggest wishes that people start taking it serious? that they don't, dismissive and say, she's just being silly. she just has to stand up again and get a grip. and my 2nd wishes that politicians and researches also take, it's a hard on that further research just pushed the welcome to the day, the leaders of germany and france have been reviewed by fellow a you had during a fraud summit in process i'm going to medical and the manual macro said to blindsided that counterpart with a suggestion that the block should hold talks with the brushes. vladimir putin. these relations between the a, you and russia as an old time allow the past that they wanted to keep the lines of communication open with many leaders, particularly from the use eastern member states, said a meeting with coach and would like russia was being rewarded for its recent provocations, the chancellor told reporters she was disappointed. duff,

getting up from there, he has taken a very different view of what's being proposed. it doesn't matter whether it's speaking with the russian president or the us president speaking with him. he didn't offer the russians any gift if i may put it like that. i am saddened by that because it shows that we don't have the trust amongst ourselves. that needed to know that we do have the self confidence required to conduct such talks on all class. we need to work on that the, on this and the all that well, i'm going to merkel was disappointed in manuel macro came out fighting. he said, it was absurd that the u. s. and russian presidents should hold talks about europe without europe. no one is the president biden meeting president who in a few weeks ago, it's all my friends around the table. but we didn't ask for your opinion. if we will leave a meeting together and that's not shocking to you,

like i'm in that order where the odd ones here. we let other people talk about arms control on our territory. and we are not at the table. what an odd way to talk about power, and at the same time, are we effective, is going to know, but we could be a muslim macros. propose that source with him was just shut down by numerous national leaders is a sample of some of their deeply skeptical comments. i don't mind meeting with somebody 14 by the 2 presidents. i will not participate in the meeting with me. putting myself, we need certain steps also coming from the russian direction. the dialogue fell apart in 2014, along with the annexation illegal annexation of crimea. there's ongoing warfare in the don bus area. these are the issues that need to be addressed. and then we can speak with russia, it will send very uncertain and best signal to our partners for some peace,

for example, eastern partnership countries. so this is the reason why, you know, it seems to me like we try to engage the beer, to keep a bottle of honey safe. let's take a closer look at this with the w's brussels correspondent, bob revised. welcome, barbara. would it be fair to say that those countries closest to russia with a most vocally opposed to inviting the honey back into the lava? absolutely. so because they have experience of the bears behavior, they know that he tends to come in and help themselves. so stuff the people in crimea and eastern ukraine and of course in early times the, the people of the baltic states is so they deeply suspicious of lighting. they have to change no divisions. they also observe his behavior and his aggression

with fear. of course, it is more than just trepidation. there is some real fear there, and it makes them nervous. so what they want is the united, the you to be united and push him back with all their force enough to invite him in . okay, so let's, let's look, let's look at the way that somebody went because this was a proposal, but not only talking you latest by surprise, but it also blew up in bucklin macros spicy. so we'll separate those 2 elements and start with one. why did the german and french leaders choose to blindside their colleagues in this way? very simple, the, by them to do some, it is just over a week ago. so they saw that, you know, the united states are back talking to putin directly. this was the 1st stomach after a trumpet this horrendous one in hell, think you some years ago and that the united states are trying to sort of establish a line of talk at least at exchange. and so they thought he's

doing that who we should be doing that because we really are the neighbors of russia. we are really the ones who are concerned by russian behavior and aggressiveness. we really have to deal with it. we are the ones who have put up the sanctions against russia after they the annexation of crime in 2014. so it was like those used to strategic considerations that led to leaders to the point saying let's just go ahead and say we'll, we'll call out after the us russia summit, we'll call a new rush of semen. and they, in that process completely misjudged the feeling in many other member states. and they didn't have time to take time to take the waters before as you usually do. and so it blew up in their faces, leaving them with eggs on these faces. because this is the other part of it,

isn't it? we blew up in the face is how did they get it so wrong? just complete political misjudgment. they sought to be the 2 big countries feeling a bit stronger, feeling a bit more secure in their positions than the eastern european countries that this would be the right thing to do. they must've thought that they would get to be other support on this. and they didn't do what you usually do, get on the phone call around the neighboring capitals and introduce your ideas carefully and listen to what the others say. so what happened actually was that this week, when on wednesday the you ambassador is met, who are the ones who prepare those, some of the meetings, and it sort of blew up like a 108 in every forty's faces. and it was a long night and very acrimonious as the heard it because they could somehow

couldn't come to the conclusion that this would fly. so the leaders microns and mackerel went into the summit. well, knowing that they had something on the table that they hadn't sort of really prepared well with their colleagues, and that would likely was likely not to fly. and there was a lot of emotion in there. so russia debate went on 4 hours yesterday. there was a lot of emotion in the room, so they had really unleashed something there. so the, the shocking thing about this for me, is that i get america was part of this. this is the safest pair of hands. a new york did. it makes you wonder was ok, so she stepping down in september she she just actually just taken her off the ball in a way. yes. it seems that the probably several sectors there that one is that she of course is known to be did putin whisperer in the european union? she's done so in the past was a certain amount of success. and maybe she thought,

you know this little, this, the little bit of time that she has to less than office. she might still do something useful. she might still sort of talk to him and, and sort of get some movement into those. absolutely frigid and div frozen relationships with relationship between the 2 sides. that's one aspect. the other aspect, of course, is that power is sliding. what it from her that is the normal process. everybody knows they're going to be elections in 2 months in germany. and so had she been at the height of her power, the rejection might not have come quite as strongly. but of course she is sort of losing place in the way that she can't really tell anybody any more what to do and what not to do. and so it was just judgment grave miss just miss judgment also on her, but she boarded bravely and she said it's ok. this is just what happens. but it's certainly not the way she wants to go. right. and it is unusual. this isn't it. it

is unusual. that because france and germany usually regarded as the, the engine of europe, it is unusual for a joint proposal like this to be so roundly slap down. it is unusual. i mean, this is a relatively singular case, but i mean, something you should keep in mind. phil is that of course, a lot of the smaller countries, more often than not fuel steamroller by proposals that are made by the 2 big ones friends in germany, particularly if they sorta appear in the room. you know, arms linked suspicion rises and the heck of many other countries immediately rise is so they have to be more careful. they usually they usually are. they usually prepare themselves better. and this is something that they just, they just made a big mistake and they sort of, it was a misstep and they sort of did nothing to, to foster their cause. so to dean, the relationship is booting and the you are really back into the deep phrase,

not professionally in brussels as ever. thank you. the, let me take you to the central american nation of el salvador, which is soon to become the 1st country in the world to adopt the crypto courtesy. bitcoin as legal, tender from september, people will be able to pay for goods and services with either bitcoin or the national currency, which is the us dollar. though it's optional, people who adopt the currency by bitcoin wallet. we see the equivalent around $30.00 as a start, a bonus support including el salvador presidents, a se, it'll help citizens abroad. send money home, easier. remittances already account for the quarter. the country's g, d, p, movies facing resistance from the world bank. i m f and opposition parties of a bit, coins notorious volatility, and the lack of protections fridge uses and presidents at night. but kaylee has called his plant bullet proof and says opponents only trying to so fear into the

population has been a bit of a dirty campaign around this, that salaries will be paid or pensions will be paid in big coins. this is not true . those salaries and pensions will continue to be paid in us dollars, and the people who send remittances as well as the people who receive them know the remittances, have commissions. they pay high costs for sending and have several problems doing so with big coin these problems are eliminated. such a strange story this. let's exploit with rohand gray, who is vice chair of the digital currency global initiative. welcome to the w. what do you think is the thinking behind this idea? well, i think this is a president who is, is very interested in his popular image. he's very interested in looking young and kind of hip at the times. and it looks like he had interactions with a number of coin advocates who basically convinced him that this would be

a good idea whether or not it's actually the way to deal with the problem. remittances is, i think a very different question. but it's notable that the announcement for this was made out of between conference in miami, not to the people of el salvador and the bill itself was drafted, i think, you know, mostly by bitcoin i because, so i think in many respects this is a solution in such a problem, because when you look at the whole world of economics, which is close book to most of us isn't one of the great things about having your own stable currency. that is one of your major economic leave as you're in charge. so if the economy is tanking control of money supplies, $1.00 of the things that you can do to try and control things and who's in charge of because well, one of the thing about big point is that it's designed to be inherently deflationary. which means if you, if you've got to know you're going to have more and more of the lion's share purchasing power within that system. so right now about 3 quarters of the coin. purchasing power is already in existence and held by

a very small number of active. so it's not really kind of probably gallon tearing in that sense. but it is important to know that el salvador is already dollars, which means it's already seated. some degree of monetary sovereignty to the us dollar. but to the extent that that's not the best way to try to improve the prospects of el salvador and political sovereignty. the queen is even what the queen goes even further, because not only is it an external currency, but it's a hard currency, it's inherently deflationary. it doesn't have the properties of an elastic public monetary system, like even the united states dollar has for el salvador. today. what do you think of the evictions from the i m s and the world bank? well, i think they go to a deeper problem, which is that this bill was ran through a sort of, you know, yes man parliament with with bailey any time for any discussion at all. and it's ironic to me to hear i'm present, but kelly talk about it being bullet proof because the plan itself isn't even clear

at this point when when it was initially proposed, the idea was to run on another stable coin independent of between cold tether as the sort of intermediary bridge in and out of big coin in us dollars. and now they're talking about using an entirely different company that hasn't been vetted, hasn't been discussed. so it looks to me like they're making things up as they go along. this is the idea of a bullet to plan. i'd hate to see one that is under interesting. there is a big central banks around the world are starting to take crypto currency. seriously, there was announcement from the bank of england that is looking at the creation of digital money, whereas china has just banned crypto currency transactions. i want you to be apparently contradictory stances makes sense to you. yeah, i think there's a through line and the 3 line is that certain kinds of private currencies like be coined while valez file aren't really a serious threat to public monetary systems. precisely because a they've all a tile and b because they're not integrated within our daily commercial activities,

paying taxes going to court, getting your payroll, all of those kinds of things. the real threat. and i think this is where countries around the world have really united and sort of revived interest in their own. digital currency is we've private assets that are denominated in public money. so stable coin like have like circle even to an extent, mobil, money thing, as services. like we chatted, alley pay. they're the ones that can really threaten the sovereignty of public money because they function like public money, but they're issued by private actor. and in that sense, people often don't tell the difference just like we use, the bank deposit says money today. so that's the real challenge. in my opinion, it's actually not the big coins of the world that are going to be most dangerous. it's the stable coins and things that are looking and walking and talking like public money. and if you look at the el salvador example,

that's exactly what they're trying to do with this new wallet. she by the creating, used to say, oh, you can transfer in and out of the coins in dollars. so you won't even notice in reality there's going to be some sort of stable coin serving as the glue. and that's the weakest link. very interesting. i'm not sure i'm going to take a bit of time to just think about through, but thank you so much for explaining that to us that ron gray from the digital currency global initiative. thank you so much. the here in germany, the number of new crew of our cases is dropping fast, but for many of had the disease and recovered, it doesn't and there for them life, it covered 1970 just beginning initial studies show that 10 percent of people who get it end up getting long covert a chronic condition caused by the virus with a range of life. the missing effects including trouble breathing. and the next report will meet one young woman who's battling the condition she calls that

ever been written with a i all we're talking about your 100 no bus oxygen defies. the 25 year old suffers from long covered and she has a heart the fact to day months after her initial covered infection, she needs extra oxygen, even when only doing small chores like vacuum cleaning. without that device, she can get severe breathing difficulties. with her born one moment of the most worry moment was one's when i was taking a shower, the hot steam maybe even thinner and started crying because i couldn't breathe anymore and i fell out of the shower. it felt like trying to breathe. nothing was coming in, but according to initial studies, about 10 percent of covered patients have similar symptoms. your hannah now got in contact with some of them via the facebook. they often suffer from constant extortion and lack of concentration. months after the initial infection. your highness, case, the symptoms are so severe that the 25 year old expect never to be able to work as

a tex assistant again. just let me know and i suspect it will come down to an early pension or the full or partial. i don't know yet. i would like to walk right now. i'm just not capable and happy if i managed to get out of bed for 4 to 6 hours, depending on the day. but mostly i lie in bed and vegetate, but don't think it was over in addition to her physical symptoms. and as i also suffered mentally from her illness, she therefore tools to a psychologist every week. he has already helped several long covet patients. i've not been away cook when we now have a new group of chronically ill people in our society. this will have an impact on all kinds of levels time. it will be noticeable on the labor market and in terms of their participation, it is crucial that these people are not left behind. also,

with regards to the financial situation even on ground your hand as i the hopes that her application on early pension will soon be accepted and that she will be met with more understanding when it comes to long coverage. close to my biggest wishes that people start taking. it's serious that they don't dismiss it and say, she's just being silly. she just has to stand up again and get a grip. and my 2nd wishes that politicians and also take it to heart and that father reese just push you in a few weeks, she shouldn't know whether her early pension has been recognized until then. she continues to be on sick leave. the can you is seeing an alarming surgeon covered 19 cases, pushing a health providers to the brink. health officials, a warning that the delta very 1st identified in india is responsible for this

increase its thought to be more contagious than previous periods. the w marybell's mother visited the hospital in consumer where oxygen is in short, supply screams for more oxygen, the intensive care unit in keys sooner. hospital, one of the biggest, in kenya, nurse nicholas piano has seen a 3rd of his covert patients die. you might think of if you might think the patient is improving, they might talk to you in one second and then they're just collapse and die. the i see you is for a piano and his colleagues overwhelmed. they just lost another patient with the hearing patients calling from oxygen. sometimes with kegan that some that are about 15 people who are struggling for their lives. and we just had to witness how the 40 has been removed out of a room full of patients. and as you can see, the same as quickly being filled again. the hospital director is worried. they need

to 5 times more oxygen and far more high flow oxygen machines than they have. and we in africa need those high flow devices. they're very expensive for them. we lose lives that could be saved because these devices are not available. health officials believe the number of others is much higher than recorded, especially in villages or people can't afford to transport to a hospital. you'll come on. come on with me too. well, jennifer, a witty bird. her youngest sister, 2 days ago, it went very fast just as a bird. had dick fever, shortness of breath. when it all started on a sunday, when you learned church, she felt unwell by the time saturday came. it was too much for her to bear. she was taken towards the door and the same day she died in death has come to this

village. residents say there have been 50 barrels here in recent weeks. the only oxygen planned in the region has reached breaking point and won't be able to meet an increasing demand. i'm getting so many calls from the person who need to do will need to be done home to people of the regular does possible. the next few minutes. that's a little bit back at you soon. we'll hospital. there's some good news. a patient who's been dependent on oxygen for weeks will be released soon. somebody should not . jo, cut out and that is not the thing is really when you want to take life, just to remove whatever they're giving you where you i didn't see it meant, then you feel it. luck was on this side in the health system. so overstretched.

luck is what these patients will need. the finally, more than 100000 people took the streets of television on friday to celebrate pride . spicer based increasing corona virus cases in israel and the parents wanting of an attack on the raid. shortly before it began. it was the city's 1st bright event, since it's out of the coven pandemic. revenue was colorful. cathy as usual. ah, this is a well known of gary culture hosted the biggest great in the middle east. recently use. it had to be cancelled last year. that was the day as ever compensation continues on light. the find is on twitter,

d w, use the news news the news the news,

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use in 30 minutes on d w. the news? mm. oh. oh, i can't. because isn't oh small news. no, no. no.

i oh no, it's the case it's kelly feels the jewish life in europe. oh, that's what film producer, lona and journalist goodman, and more exploring, building into history and the present i would never think can be live. so open the i'm so free. to remind myself, i grew up in a completely different way on the broad explorer the jewish years. the 2 point

documentary starts july 5th on d, w ah, ah, this is d, w use life and then 3 dad and others injured. and the german city of following a knife attack by confront the attack may prevented further bloodshed ahead of his arrest by police. also on the program, pull the minneapolis police officer derek stove and sentenced to $22.00 and a half years for the murder of george floyd. sure enough,

as can you tell him as best to deploy his family members in court ahead of his pants and in florida. loved ones, hopeful miracle. as the the rescuing survivors from collapsed building, the miami paid officially confirmed for death. 160 remained missing. ah, ah, i'm so welcome to the program. begin here in germany, where 3 people have been killed and at least 5 other seriously injured in a knife attack. police shot and arrested a 24 year old somali man in the southern city of boats berg the state of bavaria. interior ministers, as the suspect has a history of mental illness placed confirmed as no further dangers than public witnesses say. a passes by tried to hold off the attacker on how many didn't have to be there. we saw him, he had

a really big knife and was talking people's and then people tried to throw umbrellas or cell phones at him to stop him. but none of that was yeah, but it's had all this mr. club, so as you pull it's high, it's then the police approached him and his shot was fired. you could hear that clearly. in any case they caught him like a sasha report. sasha hack is that there in boats berg asked him to describe the situation, hours after the attack. now it's quite calm. what we see is right behind the scene where the, the thing happened today was about 17 o'clock, 1730 and around the corner where the policeman place now and the ambulance was placed. there was that 24 year old attacker who tried to injure a woman and then the eye witnesses tried to help her and, and people around tried to help her. and what then happens was several sites. we

could see that in the social media on, on, on, on videos of the witnesses that people try to help and they were injured to. so what we know by know what the police said about half an hour ago was that it's a single single attacker that he might be psychological in the crisis. and that there's no, no information for a terror tech or something like this. and what you could see on these videos was numerals of people who are trying to help that woman trying to help everybody who was injured, which was absolutely dramatic and crazy that they tried to, to overwhelm him. the future that they tried to to, to stop him with his 40 centimeter a long knife and then he tried to run away in that little street over there where the policeman offending no. and what i would have told us what you heard a single shot. and after that, the man was arrested of what's known of the victims

what we know about the victims right now is just 5 minutes ago. the police confirmed but it's 3 depth. and there might be several part leave really, really heavily injured like 16 people who heavily injured and we hope with these people. and we hope that the number of dad is not, not rising in the night. right. and this, this attack not known to police, he wasn't known to the police for my information, he's 20 feet off 24 years old. he might be from somalia, this is what the police said 10 minutes ago. but that's all i know about him. the police is saying that he's a single attacker, but there was no further for the people involved in v in the, in the action. and that he might be in a psychological crisis. right votes, but

a small time. but this is not the 1st time the city has suffered, this sort of attack actually, it's almost the day 5 years ago and the 21st of june, 2016. we had an attack in a train, very, very close to real war. there was a man like 17 years old and he attacked several people in the train was next and, and they were, they were really, really seriously injured. these people came from from far east and they suffered till today under the injuries they had 5 years ago, was that thank you so much for joining us. sasha hoc in voice book nicely states reform a police officer. dennis chavez has been sentenced to 22 and a half years for the murder of george floyd sentencing over there in minneapolis, judge peter k. hill said he bases that decision on mister sharp and abuse of his

position and the cruelty showed to his victim. oh, the sword family lawyer held the sentence as a turning point for racial justice in the u. s. so i have my straight to minneapolis, dw correspondence stephan simons, welcome stephan took us through some of the reactions to these 22 and a half year sentence. as i speak to you, there's still a press conference going onto my side here from the legal team of the floyd family . and reverend al sharpton. and of course, members of the floyd family, 2 brothers and nephew. now here it's where it's getting a little complicated. yes, you're absolutely right. the flight family said that they are that this is a breakthrough when it comes to what was real to before. there was never ever a case in minneapolis and a police officer who was convicted to that amount of years in prison. now having

said that, that is, everybody acknowledges this historic. having said this, we talked to people here. and we also heard it from the, from the, for the family. are they satisfied with $22.00 and a half years for derek children? of course they are not because they don't think that they could ever be satisfied because they lost george floyd, their brother, their nephew is up rock. he will never ever be sitting at the dinner table. they say. and derrick shopping goes only to prison for $2.22 and a half years and maybe will serve 2 thirds of this. so 1718 years. maybe that is not satisfied to them. do they recognize of the lawyers? of course, do this, do they recognize that they want legally a major has made it's a success? yes. yes. do. but are they satisfied overall with that judgment of the? no, they're not. ok, there will douglas be appealed. stephane derek, show, know. will face more charges?

that's correct, there will be or at least it is very much expected that the defense off there and someone will file an appeal they have about 90 days, 3 months to do so. but the problem is, even if they're fired from the p o there we're showing is not off the hook one way or another. remember, these are state charges, and this is a state sentence because there is, as you said, a federal charge. and that is the federal prosecutor going to a grand jury and saying, hello, we want to have joy floor. i'm sorry. pardon me, derek and tried on civil rights charges. and this is the federal case. now this federal case carries theoretically, legally speaking, the death penalty, horror. everybody expects that. maybe the prosecutor federal prosecutor will go for a life sentence which this, again, a life sentence would be more feasible according and more. they would like it more when you talk to the family members or to regular like people hear supporters

of the floyd family who were here when the sentence were threat. so we saw the minneapolis effect of the burning and the in the days and weeks following george floyd's murder and the scene looked much calmer. now. yeah, 13 months to the date today 30 months ago, george light worth was murdered. this same night protest began on a lower level and 2 days later, a few miles from here, east lake streets, we were there, was in flames engulfed in flames. really almost literally ivory building torched and ablaze. and of course, the iconic stir precinct police station totally burned down and not open until that so now very calm. then it was a different picture. stephan simons in minneapolis. thank you. nice to the state of florida. my rescue workers are searching for survivors in the rubble of

a partially collapsed 12 story apartment building possibly came down in the early hours of thursday morning. local officials have confirmed, at least for death. in the 160 people are still missing. heavy machinery, rescue dogs and special listing tools being deployed as rescuers search for signs of life its day to for rescue operations in florida. the sun comes up and the severe damage is visible. once again, only debris is left of roughly $55.00 apartment units and surf sites close to miami teams are working and 12 hour shift. search and rescue hasn't stopped since they 1st arrived at the scene. in the parking garage firefighters tried to stabilize the foundation and tunnel into the rebel of what used to be a beach front, high rise. we are going to work as hard as we can to continue our search and rescue effort. that is our priority. that is where we're focused and protecting our 1st responders who are on the scene. but it's not just the rescue teams that

are at the scene. nonstop residence and neighbors were there throughout the night to support each other, waiting to hear from loved ones. i tried to contact them about nobody, nobody answered, i tried to contact them also on the watch stuff. nobody used to get any answers. so hopefully the are okay in the area where the collapse building is located. many residents have an international background and relatives abroad with you, we're working with constituents to help get visas processed quickly. so we can get their family members over here to be able to make sure that they can be standing by to get to the critical news. they're all waiting for fluoride declared a state of emergency to release additional funds and personnel. federal assistance is on the way as well. all we can do is try to help people that are in that situation,

obviously get us answers as well for the future. so something like this never happens again, because it's not just the search for survivors that keeps this community on tenterhooks. they want answers about how this could happen. so you lead is wrapped up a to day in person, submits in brussels. the meeting was full of disagreement, of how to advance medication between the block and russia and what to do about a new law in hungary that restricts the discussion of l g, b, t q, issues. it was a difficult night for you leaders as they rallied behind one of their own and against one of their own, with hungary, new law targeting the l g b, g q, community provoking a backlash. so intense, some leaders called be experienced, unprecedented. we had, we sincere sometimes even emotional change of use each change of arguments on those topics, but just the opportunity for many leaders to we affirm various term commitments. he

says, of those fundamental values and gary and prime minister victor or bon was nearly isolated. and his insistence that banning the portrayal of homosexuality to young people is in line with hunger. marian values, while xavier battelle, the openly gay luxembourg, is prime minister, passionately appealed for his long time acquaintance to show social tolerance. if he took you to do the victory that i see 2 days of the week or a new year's the go was open, intolerant nation. it's a shame you commission president to live underlying, has given the hungarian government until the end of the month to explain itself before launching legal action for discrimination. although she says there will not be an effort to convince budapest to quit the block in on down. leading st 1000000 mentioned hungary, there are 10000000 people, and i am firmly convinced that there are 10000000 good reasons for hungry to be to remain a part of the patient on your own is on flight. but hungary wasn't the only hot

spot in a long night. a last minute proposal by you heavy weights, germany and france to hold a summit with russian president vladimir putin was met with y disapproval by other leaders. feeling a disappointment to the german chancellor and what was likely per less you council meeting marco was unhappy with suggestions the meeting with. he's seen as rewarding him. does the trip as well by the said, the site does that because it shows that there's not enough customize. they don't can be self confident and clear in that regard. and we have to work on that please . and couldn't with the, on the, the, all that, but with medical leaving office within months, this work will soon be left to other leaders. quick line of terrorists, angelica cover a beat. they check the public spectrum of it over to reach the final of the bad humble w t. a grass event in her native germany as she wanted for wimbledon. have to go once that dad can be seen at the bottom of your screen rally to win the match,

you know, set tiebreaker. she plays another check, kathrina syria, cova and the final balloon gets underway. on monday, the cabin looking to, i'm going to 2018 when at the all england did you up to date more world news at the top of the hour? now do malone has your business updates in just a moment? good day. a great we can use every day for us and for our planet. little ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect animals and their habitat?

what to do with all our waste? we can make a difference by choosing reforestation over deforestation recycling over disposable martin solutions to oversee that in our ways is truly unique. and we know that, that uniqueness is what allows to live and survive. why dia, the environmental global $3000.00 on dw, and online the prices are shooting up and spending is flowing, and yet no one in the us seems all that worried. what's going on? we talked to our corresponded in new york also on the show germany, the economy minister says one particularly bitter e u. u. s. terror dispute baby history by the end of the year. and

hopes of a trade embargo being lifted by the fight and administration, or fading fast in cuba. places the w business. i'm janelle tamala, and welcome for us commerce department reported that a closely watched indicator for inflation is up almost 4 percent over the past 12 months. the largest annual increase in nearly 3 decades, and prices are jumping nearly across the board from food to gasoline to real estate analysts attribute the ballooning price tags to a variety of factors, including supply chain issues as manufacturers failed to keep pace with spiking demand as the economy reopens our financial correspondent, young core to join us. now there you are young, and the higher inflation numbers have been consistently downplayed as something temporary, but surely, especially low income households are affected by these rising prices.

yeah, sure. i mean, the more money you make, the less you care if a gasoline prices, for example, are up at the gas station here in my back a year ago. prices were about $1.00 lower. not per liter for a gallon, but yes, sure. i mean, also food prices, if they increase for low income people that the much bigger problem than for people who make more money. so the federal reserve, in general, still likes to down play the inflation risk saying it is a temporary effect or, but it is interesting to see an end of last year. the federal reserve said, well, we see the inflation at about 1.8 percent for 2021. now the federal reserve is saying, well, for this year we might see a price increase by about $3.00 and a half percent, but then there are certain, again, that next year we will be down to about a good at 2 percent. so the future will tell if the federal reserve is the right

that it's just a temporary, but history has told us that the federal reserve has not always very tie him when it comes to expectations about inflation. i guess we'll have to see. but while demand has been rising generally, and there are signs, consumer spending appears to be loving a lot, leveling off a bit. what's happening? yeah, in the past month. so we got those figures here on a friday spending was basically a flat lower than expected and on the other side, income for american families in the past month. we're down a bit. what happens here is that that was to be expected that all the stimulate a similar checks that we see in earlier this year. i mean, they're mostly spend or, and that is a positive where used to pay down a credit card to that so that at least would be positive. but overall we did see some very healthy spending in the past couple of months. even if that is

slowing down a little bit, what is very interesting in those later figures that what americans spend money for . so it used to be in the past couple of months, mainly for goods. and that changing now is this beautiful summer weather that we've gotten with all the vaccines out. so people spend much more on services on travel, on a dining out. so we do see a shift where americans spend, but at least for now it does seem that consumers do have some extra bucks to keep the economy going. america rediscovering the finer thing, car to there for us. thank you very much. germany's economy minister peter outlier, says the us and you could settle the dispute over, steal, and aluminum. by the end of the year, the trump administration by paris on imports of the metals from europe in 2018, citing national security and response that you impose import charges on

a range of american products, including harley davidson motorcycles and whiskey. last month, russell suspended, apply and doubling of those terrorists for half a year, and what's been seen as a good well gesture. earlier i spoke to simona manor, the president of the american chamber of commerce in germany. i asked her whether she shared minister outliers optimism that the terrorist dispute would end this year will at least we see that they are positive signals from both sides. there are lots of business planned as news to help my a said. also, chancellor metal will go to the us and i think there is the very strong will on both sides to find solutions. of course, it is always better for free trade and to prosperity to avoid terrorist enter, it was really bad to be in this state or in the system. and i think the proactive signal of brussels to suspend it further increases of terrorists on our

side. it gives a good signal, but it will not be easy because you have to find a compromise and when, when for both sides now briefly, misspent, shared concerns over china's growing assertiveness and human rights record were also discussed during our minister out myers washington trip. how are you as the american chamber of commerce, positioning yourself, when it comes to china? 12, china is an important partner for trade, for all industries, and also for the u. s. and the width is not acting like in the cold war as sometimes it's mentioned. but what is important and what the american chamber of commerce and all members subscribed is there should be a level playing field, same conditions for everybody everywhere. and there is no way that there is any extra against human rights. so we will closely watch that and we fully

support when they are strict rules to not make trade with companies. all countries who do not believe in the human rights, similar to me, another president of the american chamber of commerce and germany, there for us. thank you. let's take a look at some other business stories making headlines. billionaire, richard brandt, face company. virgin galactic has received approval from the us asian safety regulator to fly passengers for turning up the pressure on rivals in the space. tourism sector runs in space. venture faces fierce competition from amazon founder jeff basis is blue origin. and tesla boss even must face x e u member states and the european parliament a great friday on a major reform of the blocks bass of farming subsidies. the common agriculture policy includes payments for 387000000000 euros over 7 years. a 3rd of the ease

totally total multi year budget, but $270000000000.00 euros earmarked as direct aid to europe's farmers. the startup sector says black business owners in the u. k. only attract one and a half percent of venture capital. it's the reason black pounder was brought into being exactly one year ago this weekend, falling on the 1st saturday of every month. it encourages consumers to spend their money at black lead businesses. london spriggs and district is renowned fords multicultural vibe and myriad small businesses. one and 5 of them is owned by a black person, like this small bookshop. black pound day is aimed at getting people to buy from places like this, at least once a month, locally or online. it gave this shop a huge boost. we saw an increase probably of anywhere from 150 to 200 percent in a very short period of time. and what that's amazing. it was also completely

overwhelming. we a small store physically and a small team and to deal with that number of orders was trying. the idea of a black county came from wrapper and activists swiss. he wants to strengthen the black communities, economic power. i just said, you know, could you imagine, you know, if we have a black pound a day where we, you know, it's spent, we've got businesses and try to build up on the me any place where that people are considered a minority and economically disadvantage, that they can what they jocelyn may know is how hard it is for a black business woman. she started out 10 years ago with hair care products designed for the needs of black people. didn't have the network to, to raise the friends or family around, you know, we didn't have parents give us money. we didn't have a rich uncle on teeth. her customers were the ones who helped her start up become successful black pound. they could give her and others another welcome boost

this week, 184 out of 186 boats on a un general assembly resolution condemned the decades old us trade embargo against cuba. it's the 29th time in a row with that cuban lead boat against the economic restrictions has been affirmed only israel and the u. s. continue to back the sanctions president joe biden has spoken about easing the policy, but so far it hasn't happened. cubans are growing increasingly frustrated. cubans are deeply disappointed. many thought the u. s. economy embargo was on borrowed time, particularly in the context of the pen demik until biden's election. the been paid must be removed. that is what we need. it is important for a health and economy which is suffocating us, young, groaning us. cuba foreign minister stressed the severity of the situation to the un

general assembly. how office the me and shells are empty, and we're seeing an unbridled increase food prices. and this in spice of the government, herculean efforts we are, all of this is adding to the damage caused by the rushing up of the blockade either into this and all of this i must remind you is against the backdrop of a global economic crisis. omega global but the us is sticking to its position. sanctions are one set of tools in our broader effort toward cuba to advance democracy, promote respect for human rights. the us economic trade and financial sanctions against cuba have been in place since 962. according to the cuban government, they have cost a total of almost $150000000000.00 and damage. they are also having a growing impact on health care. cuba has developed to covet 19 vaccines on its own,

but according to the countries pharmaceutical association, the latest clinical studies are at stake because of the embargo. what else in i knew of alarm? here we have been running out and supplies helping running low. but even this issue is unlikely to sway us position that's fit for me and the d. w. business team. thank you so much for watching and have a great weekend. ah, the show issues shaping the continent of africa were gone. lead. what's making headlines them? what's behind the way on the street to give you enough reports and insights all the trends. my talk to you

the next d w. ah . with me today, don't miss our highlights. d w program online. d, w dot com highlight you feel worried about me to a meal host of the agreement. and to me is clear. we need to change the solutions or out that join me for a deep green transformation to me for the

in the of climate change the what are the people who hear what ideas do they have for their future? the d, w dot com, megacity the media site. click and enter. this is d w. muse, africa coming up on the program. short of vaccine, short of oxygen, short of breath. the desperate efforts to save lives as a 3rd vicious covert 19 wave keeps the continent canyon intensive care units are among the flash points. also coming up is our long french soldier leaving this to hell. but with a ton of baggage. we'll examine what the end of operation by hand means the

security in molly and the rest of the region plus.