tv Business - News Deutsche Welle December 21, 2021 7:15am-7:31am CET
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when they come here next, they'll see that they'll be hurt by what the people he will say, except that lemme balancing was as helping them or bow. so brusquely, lady maloney, one of the red cross has appealed to the international community for 19000000 years to help victims of the disaster that would scientists warning that climate change is making typhoons like this deadlier? that amounts of money may just be a drop in the ocean. you are watching dw news business is next. i'm terry martin. thanks for being with with ah, how long does a year and eternity
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time? it can be measured precisely. and did everyone experiences it differently as if there are different forms of time? time? ah, the phenomenon a dimension. if we know we won't live forever. an illusion. about time presenting future's past starts december 31st on d w. mm. mm. ah, stock flight as fresh worries at wall street, jo biden's, $1.00 trillion dollar stimulus bill is under threats. while the spread of the omar con variant is forcing governments around the world to re introduce restriction.
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also on the program. we take you to chill a, where a newly elected president promised to fight poverty, and one of the world's most unequal economies. and an outbreak of birds flew threatens sherman holiday tradition. i'm chelsea delaney welcome to do a review of business. u. s. market slid once again today as joe biden's landmark stimulus bill bill appears close to collapse. investors are betting that congress won't pass the $1.00 trillion dollar bill. it adds to the list of worries for investors on top of the fast spreading over credit omicron coven variant. the stimulus package is in jeopardy after a democratic senator joe mansion refused to vote in favor with just one vote needed for the bill to pass the cache would fund climate change product projects help reduce child care costs and improve health care services. among other cornerstone policies of the bite and presidency. now for more on this,
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let's talk to our wall street correspondent jens corta. so yeah, and how much of the sell off we're seeing today is omar crohn and how much of that is these hopes for a trip to trillion? dollar stimulus package being dashed a chelsea actually i can even add a 3rd to reason and that is the changing environment when it comes to monetary policy . it was the surprise to move up the bank of england last week to already to start increasing the interest rates. actually already end of last week, we saw the selling a pressure to take up some speeds. but clearly, i mean that the infrastructure plan is more than in jeopardy. it's another reason why we had to sell off at the beginning of the week. and if you look at the pandemic, i mean nobody's to talking about are locked on here in the united states. but clearly, a consumer spending, for example, could be effector,
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could be lowered with those increasing numbers. i mean, right now in the united states, i believe we are at about $130000.00 people and newly infected each day. so the stimulus project that we're talking about here, it was really seen as a once in a generation chance to overhaul the u. s. social safety system to, to overhaul climate policies. how big of a blow is that, that it could potentially not pass? now for the us economy now it's always difficult to just to, to really put a concrete number behind it behind your question. but overall, if you take childcare, for example, and so without affordable childcare, and for a lot of working moms, it will be much more difficult to fully return for the job. so that is just one of many effectors who i can on the growth could be impacted without the built back.
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better plan. we had to goldman sachs by the way, out on monday, lowering their forecasts for across the medic gross to mythic prospect. sorry. so for an economic growth here in the united states for the next couple of a quarter, so it is pretty likely that it will have an impact. and we shouldn't forget, i mean we had this massive growth in the past couple of quarters. and part of it was all that money that came from washington, so there's no additional money that probably will have an impact on economic growth over here. yes, quarter in new york. thank you so much. now investors have reacted nervously to the election of left. this millennial gabriel burridge as chillies the youngest ever president. the 35 year old george campaigns for increased taxes on the wealthy and boost social spending to tackle chillies, yawning gap between rich and poor. porch mobilized or record motor turn out. but the market reaction monday was frosty, with the chile and pay,
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so losing 3 percent against the dollar. now one of the new president's challenges will be tackling poverty which has been on the rise due to the pandemic. more and more to lands have moved into shanty towns where life is precarious blue to get home. david, why keeley has to climb over a barricade of tyres. he lives in a squatter settlement known as violette, a para, at the edge of the chile and a capital santiago. the wooden shacks that of mushrooms here are home to people made jobless by the corona, virus pandemic. people like david who could no longer afford to pay his rent a bit of either. so saying after i lost my job a, i'd helped my uncle and the media gave way when he was one of the 1st to build a shack here he went, other than i built my own thing because as some one out of work, maybe you know,
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there was no other choice. i haven't seen that. i oh, david has been living here for several months now. he was only able to pay for the building materials by taking money from his retirement fund. it's now a home for his wife and child me, but it lacks basic amenities. going to quibble and when i go unable ethan, if you were not connected to the power grid key, a lot of families tap into the power lines to me, but were often left without electricity sometimes for weeks on and, and naturally there's no sewage either the matter which a visit could leon seem to lead? oh, you mean that they may lower the people here are the losers of the pandemic. left without a job or help from the government. a situation that is hit single mother, kara lina fernandez hard. she built her hot with her own hands and is proud of the result. she lives inside these few square meters with her 2 children,
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a for lack of and recycles the water would be up until recently we use the communal toilet. but now we have our own bathroom since she became unemployed kara, lina has been training for a job as a social worker. she hopes she will some day be able to make a decent wage and moved back into our proper neighborhood with her children and her pet cat. yeah. give you a minute. you said i'm certain you so much. we were on the waiting list for a subsidized department, but that never worked out even more bit up. and i think only the government doesn't have any solutions for poor people like me. that's kind of me. the squatters settlement has been growing steadily. david, now fears criminal gangs will soon gain the upper hand here
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within mustard, as we need to show everyone in chile and the world that we are suffering in our struggle to live in dignity. and once they were part of chiles middle class, today they are illegal squatters relegated to the sidelines of society now to some of the other global business stories making news. the world economic forum has called off its annual meeting and the swiss quay town of davos. the organ to the organizers blamed the pandemic for the cancellation of the elite gathering. the w e. f instead hoped to put together an alternate event in the early summer. police in india have released dozens of demonstrators who have been detained. falling protests at a fox on plant, hundreds i take into the street after workers had to be hospitalized last week due to food poisoning. it's the 2nd instance of unrest at an apple suppliers factory. this year toilet paper is set to become more expensive swedish company as the one
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of the world's biggest producers of consumer tissue says it's preparing to hike its prices on paper hygiene products up to 20 percent. reacting to soaring cost of raw materials and energy a roskus is a traditional holiday dish in germany, but this year there's a problem. bird flu is raging. the virus has even been found and wild birds in some part of germany. and that's threatening to take a holiday staple off the table. ah, under normal circumstances they should be out grazing. but in a growing number of german counties, these are restricted to their barnes these days. like here in lower saxony, it's a precautionary measure due to the bird flew. now it is tough born as plenty to worry about each day. in march, them on every morning when i opened the barn door, there's dead animals or there's some other kind of problem. it's so stressful to live with this fear all the time. to leave. early of this year,
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2500 gies had to be called at or farm as many were infected. the state only compensates for a fraction of the enormous cost. i mean, if the animals have to be called again, then i'll probably have to quit. i can't lose that much money cheerfully and yet is top one has rebuilt her flock. many of her keys have already been slaughtered and put into the deep freeze. to day, a merchant from berlin picks up 200 of them. all of them are already sold. german christmas skis are in high demand, and supply is limited due to the bird flew. those who want to roast goose must order early and get a bit lucky. according to the poultry association. for 3, none of i ask everyone who wants to christmas goose can half one, but most are frozen and are fresh. and some are from eastern europe and they're not as humanely treated there. as here in germany, video arch
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a christmas goose costs up to 30 percent more this year, about 16 euro per kilo such as here at hanover's farmers market. but that doesn't stop most customers from buying one. yes, and if i don't eat much me, but when i do with an i gladly pay more for its deaf and line of yet, but who knows? where was this for most of all, it has to taste good and be cost effective, and it's not unimportant that the animals are kept properly roseville to join the joined rich dish on skipped a. we'll definitely have a goose drumstick. it's just a 2 of us. we used to be 6 and back then would have a hold was for christmas dinner them off, done often by mouth or tissue. it seems despite recent difficulties, a christmas goose will very soon beyond many plates once again. ah, and a reminder of the top business story were falling for you this hour. it was market flynn, once again, it's jo biden's, landmark,
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$1.00 trillion dollars simula spell appears close to collapse. that's after democratic senator joe mansion refused to vote in favor. but just one vote needed for the bill to pass. it adds to the list of worries for investors on top of the fast spreading corona, vice of corona virus, omar con variant and that's our show for more checkout d, w dot com slash business, and the dw news youtube channel for also on facebook from me and the business team here in berlin. thanks for watching. new fantastic lou, beautiful and pristine. so culture, a remote island off the horn of africa? an unusual part of him, and touched by the civil war, discovered by just
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where intelligence agencies are pulling the strings, were organized to cry, rules, where conglomerates make their own laws? we shed light on the opaque worlds who's behind the benefits. and why are they a threat to us all o peak wolf starts january 5th on d, w the path into the mountains is steep, stony, and spectacular like the island itself. so katya is regarded as one of the most beautiful islands in the world.
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