lashes at least 13 other people, including other fighters, women and children, were killed as well. u. s. officials attribute the deaths to al karate his own bomb . they said they chose to risk putting boots on the ground rather than an air strike to avoid civilian casualties. the u. s. military has been under pressure to review its targeted strikes, some of which have killed more civilians than initially reported. you are watching d, w. stay tuned for the business headlines are coming up next and don't forget there is always more news and analysis on our website at g w dot com. i'm quite richardson in berlin from the team here. thanks so much for joining us with . we've got some hot tips for your bucket list. romantic corners. check hot spot for food and some great

cultural memorials to boot d w. travel off we go about this issue when i arrived here, i slept with a sick of people in a room as a 9th in that it was hard. i wish fear i even got white hair is learning the gym and language head. yeah, i love this kid to me and they told me to nicky to interact with you want to know their story, my grants verifying and reliable information for my grants. ah meadow crashes on wall street and brings a big chunk of the tech sector down with it. a whopping 26 percent loss for the session. that's more than $230000000000.00 and loss value. did the tech john's

numbers merited or did they touch a nerve among investors? also on the show stubborn inflation spurs europe central bank to open the door to earlier tightening measures. what are the, these options when energy costs are behind the price hikes and vendors in beijing are going for gold with a living merchandise, but bracing for disappointment. hello, welcome to the show i'm seeing busy, and berlin could have you with us. shares of facebook owner meta plunged more than 26 percent trading on thursday, knocking more than $230000000000.00 off the company's market value and pushing tech stocks to broad losses. it's the biggest one day fall of any u. s. company on record. chief executive mark, soccer bird had worn investors and a call wednesday that matter expected revenues to decline during the 1st quarter of this year, due to competition from rivals such as tick tock. to announce that starting today, our company over now, dns quarter in new york,

yen 26 percent is massive. to what extent was this merited? to what extent are investors they're pretty jittery. well, i mean a definitely an incredible, a move that we saw here on a thursday. and if companies are like a netflix or have some a little challenges and heretics reports are obviously walt street at this point. is some showing an or a mercy. i mean with some companies we've seen that was netflix a couple of weeks ago, we saw that was so paypal a just the day prior, we've seen it and now with a meta and so there are some fundamental challenges. so for those companies, and there's also something wrong in the earnings. so this is a one explanation, but definitely not the only one. we've already seen it early on this year that there is a certain rotation going on from those textures that have been on an incredible right in the past one and a half years more into

a cyclical stock spot that also has a drive out. so at this point, there's just a mess of pressure on the stock market and that really shows you those huge swings . also that we're seeing the market is very nervous at this point. yet briefly, if you can this money that's leaving tech, where is it going well, at this point, not necessarily in other stocks, but for example, in energy i'm, if you look at the oil price, for example, that was up here on thursday by a good 2 percent. and to coil it's a west texas intermediate that's good, straight to you're in new york is above the $90.00 mark per barrel for the very 1st time a since 2014. i mean, we've also seen oil stocks profiting from that trend, but that is one sector, at least them, that is some on the upside at this point in court in new york. thank you very much . well, earlier i spoke with allison steward allen of international marketing partners in

london. and i asked her to what extent facebook's troubles, especially with user numbers and advertising, were a surprise. this is been a slow build up at some point, or rather the users. the commercial model may be of facebook is up for debate. you know, tick tock is eating their lunch in terms of younger users who are abandoning the facebook platform. they're finding more safety perhaps through the other platforms instead of on facebook. so there have been a lot of little incremental things had been going on in that company, not least, it's corporate culture. you know, it wasn't that long ago, only a few months ago. actually that francis hogan was telling all of us about the research facebook had on the impact, the effects psychologically on young girls and younger users of a facebook which facebook had and even commissioned. so, you know,

i think in aggregate these little things have now come together. and we're now seeing a company that hopefully is internet being a little more interest spectrum in asking itself, how did we get here? and how are we going to get fixed? is there a answer to turning it around in the near to mid term? briefly, if you can very briefly, there's no one magic bullet. it's going to be a combination of things. but the starting point is the culture elson, stewart allen, international marketing partners. thank you very much. thank you. borrowing rates in the euro zone will remain unchanged. falling a meeting of the governing council today. remarks by president christine the guards adjusted however, the door was open to tightening measures. later this year. on the guard warned, inflation was likely to persist and declined to rule out a rate hike for 2023. rising energy costs have driven up prices across the u.

growth rates remain slow, however, worrying some economists that hiking rates to soon might be damaging carson. jessica is global head of macro for i and g research carson. you wrote today that look guards, appearance mart, an important hawkiss, hawkish shift. i should say. what did you mean with that? well, the guard actually opened the door to a faster reduction of acid purchases, and she opened the door to door a time even this year. so this was an enormous shift in the position b, which until now has always been more 9 inflationary pressure is always told financial market and european citizens, that there was no way that the c, b would start typing a monetary policy. so therefore, today was remarkable. growth is still relatively weak across the inflation is tenacious, which as you mentioned, look, guard, also referred to as well, those inflation issues. how difficult a tightrope walk is this for the

e c b to know exactly when to begin raising rates? well, it is an enormous tide row because the on the one that they know there is nothing they could do in the short run to bring down inflation. there's nothing the city can do, would lower energy costs or would reduce the, the cost for microchips, but they know that they should prepare, that they should withdraw the so called monetary stimulus. and the economy is strong enough by the way, the years of economy has return. to pre crisis level at the end of last year, unemployment rates are low, so we might be stronger. but i think there is a point to be made to not oversee relate the economy. and this is what these are trying to do. gradually withdraw stimulus without hurting the economy. there has been this larger debate about the nature of this inflation, whether it is transitory or not. we've seen that also in the u. s. although, as you mentioned, energy prices so much at the core of inflation here. has this debate in any way

abated, or is it only going to continue about the nature of this inflation that we're seeing in europe? why i think we should forget about this story about team trend already versus team permanence. it's nonsense. i think what we see right now is an inflation which is simply driven by the disruption cost, by the pandemic, and the locked outs. and this can continue. of course, it will continue until we finally reached this point at which the economy expect in a new equilibrium. this might be the summer, this might be late this year. this might be 2023. but we should forget about transitory and permanent. what is more important afterwards is, what are the structural factors driving inflation beyond the pandemic impact? and that could be the corporatization, the globalization, and also demographics. and these all argue in favor of somewhat higher inflation and b, b as well advised to now withdraw for monetary stimulus and,

and start considering at least 1st rate hikes. carson, just me. i n g research. thank you very much for the winter olympics in beijing should be a cash cow for local businesses serving spectators athletes. workers. however, the countries resurgence and coven, 1000 cases, and strong measures put in place to minimize infections, have made that unlikely. still, some firms are hoping for a boost at this sports store, just a stone's throw away from baiting sports, nist stadium, rex, filled with winter gear featuring the chinese flick businesses, hoping national pride will help boost sales in the run up to the winter olympics. some good, they say overall it's good, but things may become uncertain. anyway, now business is mostly done online. the big concern for brick and mortar retailers

in particular, is the resurgence of coven 19 that's put the chinese capital. annette authorities have imposed fresh restrictions on people traveling to baiting visitors need to take a nuclear tests within 72 hours of arriving organizers of the game also announced last week. the tickets won't go up for sale to the general public, meaning fewer visitors are likely to come, despite not having to rely on foot traffic. online retailers are struggling to government data, showed consumer spending on physical goods, which accounts for the bulk of e commerce grew at its lowest pace on record. in 2021. china's locked downs and other pandemic controls have cast a shadow of a consumer sentiment and economic swan that the high transmissible, etc of the armor chron variant means tougher and more frequent colbert restrictions could be in store. recently, beijing reported it's 1st locally transmitted case of the amazon strain as

authorities step up efforts to prevent its spread. businesses banking on a boost from the winter games may be left disappointed. still, china is high in the event as a long term driver for growth. at this factory and jammed air cohen hood a province which will host some of pin competitions. workers turn out about a 1000 pairs of ice gates a day. it's located in the purpose built park for sports equipment, set up in 2018. nearly all of the goods manufactured are exported overseas. the city hopes the games will raise its profile as a center for the winter sports industry. and madonna, we're still emerging in the future. we should increase infrastructure and construction strength and investment attraction, and attract and cultivate more industrial projects to settle in the park. despite the challenges that have come with recent outbreak of cobit 19 overall effect, a reproduction in china has remained resilient. but to keep factories like this

gliding ahead, they'll need to avoid disruptions brought on by china's tight pandemic restrictions . here's a reminder of the top business story we're falling for you. shares of facebook owner meta plunged more than 26 per cent in trading on thursday, knocking more than $230000000000.00 off the company's market value. as the biggest one day fall of any u. s. company on record. and that's it for me and the dw business team here bullet . you can find out more about these and other stories online dot com slash business . we're also on youtube under d. w. news. watching into the conflict zone with sebastian best montana international cooper. no, but tens of thousands of russian troops along the border with craig. we talked this

week to a respected foreign policy analyst in moscow, yada yada of the west, new some good russian position from just problem paying. this is the current situation conflict zone next, on d, w to the point, strong opinions, clear positions, international perspectives. could turkey soaring inflation and plunging currency, bring down the president, sometimes referred to as tesla type for his ability to deflect crises, economic pain is provoking doubt even among staunch supporters. can turkey survive adder one by down to the point to look point 2 minutes on d, w o.

in y, dwayne extreme is again, well, being late and burned in south africa, people with disabilities more likely to lose their jobs independent, make black lives matter. shine a spotlight on racially modem is to leave my same sex marriage is being legalized in more and more countries, discrimination and inequality or part of everyday life. for many we ask why? because life is diversity. to make up your own mind in d. w. lead for mines as mounting international concern over tens of thousands of russian troops. doug, in the long, the border with you, craig, russia and nato have trey.