ah, let your news update at this hour. the business lines are coming up next. next with a stephen appearance, neat surgeon stage for that's a lot more. can't forced. i did on our website, d, w dot com and play richard thinking for then for me in the team working behind the scenes, thanks much for joining us. ah. ah, what people have to say matters to us. mm. mm. that's why we listen to their stories. reporter every weekend on d. w. the battle against cove it the oma calling variant is putting health care systems around the world to the test. vaccination campaigns are

accelerating, while restrictions are intensifying once again. but are these measures enough to stop the spread of omicron, fax data and reports? you know, what weekly covert 19 special. every thursday on d w. ah, a surprisingly positive jobs report for the u. s. the world's top economy adding far more positions than expected in january, despite high infection numbers. they're just the latest figures depicting an economy in full recovery. also on the show wall street things amazons praises a day after punishing tech companies across the board. will look back at a stormy week on trading floors and asked what exactly happened and bad season for soybeans and corn and south america is hurting farmers there and is pushing up

brain prices around the world. blown welcome to the show. i'm seeking beardsley in berlin. view us added for more jobs than expected in january, adding to the picture of an economy in full recovery and raising the likelihood of central bank intervention. more than 460000 positions were created in the month 3 times the number expected by analysts. and that's despite higher rates of cobra infections yields on us treasury's rows falling the report with investors bracing for borrowing rate hikes in the weeks ahead. now that report also updated last year's job totals by 200000 more positions. the unemployment rate actually rows. however, with more people joining the workforce during january, the u. s. economy remains behind is pre pandemic job levels. however, it's still missing about 2 and a half 1000000 positions. let's go over to urines quarter in new york. yes. what does this job report tell us about the u. s. economy?

well given that report clearly was a stunner, especially after we got numbers from the private sector on wednesday and to drop i actually of more than $300000.00 jobs for the month of january. and we heard on wednesday that is partly because there were less drops and leisure and hospitality . and now the report here on friday show there was a huge increase in shops at leisure and hospitality. so whatever is going on there, but especially if you take this huge a be here on friday, then also the number for november and to what says so overall in the past 3 months, in the united states, a good 1600000 jobs got created. so there's no other word, but this job market is pretty hot and very solid is clearly not great for everybody, but in general, very solid, very strong, a job report rates,

the arising wages on top of it. and now it's only a question if the interest rates by 25, by 50 basis points. so the next a meeting in march, some technical issues there with your line, but believe we still have you want to ask another big thing on wall street today is a big day for amazon following some very solid earnings. closing up 14 percent more than 40 percent. what did investors like so much? and it was your question even so what do they like? because there were also a couple of things to not like for example, revenue came in lower than expect that the outlook on revenue doesn't look that great. but one of the big margin drivers, the cloud isn't us that did very well, but the revenue increase of a good 40 percent. and then also playing in ever a bigger role for amazon, contributing roughly $10000000000.00 to revenue in the past a quarter. and especially after the speak met disappointment on

a thursday when that company only on thursday last, a good 200. 30000000000 on this and market cap it was about company was that at least an amazon overall delivered. as you mentioned, the stock was up almost 14 percent young quarter in new york. thank you very much. well, it's been a volatile quarter for big tech, and daniel winter has been looking into that for us as rights, even as not even been your average wobbly quarter. either facebook owner met her made history when it lost more than $230000000000.00 in market value. it share price plunging 26 percent after saying it expects ad revenue and use the numbers to fall. it was a similar story with netflix, which had been a panoramic winner, but disappointing subscriber growth pushed it share price down over 20 percent music stream. spotify also fell in value. overall ad revenue was strong,

that boosted alphabet this week. apple also bucked the trend saying it was able to shake off worries about supply chain issues. setting plenty of i phones to top it off amazon's figures. as you mentioned, steve, we're riding high banks to its cloud computing. so it's not time to right off big tech just yet, but of course the struggle is willing to take a closer look at our business model. see what impresses me about what's been happening. is these massive swing, so they're up 26 percent down. 26 percent, i should say. we saw amazon down big yesterday up to day. why is there so much back and forth year while it's all due to liquidity in the market? basically, liquidity is low. what that means is that you can't just buy and sell without affecting the price. and so you've seen these massive leaps. now that's down in part, at least to the federal reserve. they're turning off the acquitted, he taps essentially. and also, you know, that the big investors that are normally on board with these things are only making their big bets. they're not making the small bet. so if you want to buy it,

it's hard to do so as you seeing the massive leaps of 1020 percent, it looks a lot more like crypto transactions and it does all those kind of sort of scales. absolutely. yeah, absolutely. and we're talking about the pillars of the u. s. tech economy here. so it shouldn't really work like that, but maybe we'll have to get used to it. so daniel, what does the market want to see from these losers? well, of course, something like facebook, it's hard to see is that some thing that is inside this company, which is just part of its business model, it says that apples changers of its privacy features means that it can't track users so much any more. which means that they can't target the advertising so keenly. i'm in our facebook relied on that in order to be able to get their high figures. and the apple can just switch it off like that, perhaps to something much more deeper and ingrained in facebook whose parent company is met and share price slid all over the place in the past couple of days. and then you take a closer look at themselves. each company though, has its own individual problems, which you will have to look at and sort out,

but we're not talking about a much broader tech, a collapse. no, it is individual companies which are suffering, especially coming off the pandemic where some companies like netflix did really well. it's hard to see how they can sustain those figures going forward. so a lot of introspection going on in these tech companies right now. right, daniel winter, did your business breaking down for us that you were much give and out of some of the other global business stories making headlines, staying with tech messaging apps, snap chance, or it's sheer price search 60 percent. after announcing its 1st quarterly net profit on thursday, daily user counts also wrote rows, which analysts attribute to user growth in india where rival app tick tock is banned. u. s. automaker for reported nearly $18000000000.00 in that profit for 2021. that despite ship shortages and manufacturing slowdowns income was boosted by a steak and electric truck start up revene and the earnings fell short of market

expectations. however, and that caused shares to fall nearly 4 percent. he, the spain socialist, lead government has achieved one of its major labor reform goals, apparently by mistake. single vote was cast by a member of the opposing party in error. the members said, tilting the tight vote in favor of giving a quarter of the country's workforce workforce rather stronger employment protections by law that vote cannot be reversed offers. it was drought than heat waves. the growing season for grains in south america has faced one problem after the other prospects for weak harvests are already pushing up prices. and that has not gone affects around the world. drought and heat waves are having an impact on the farm of mateus ly use. he cultivates crops and raises livestock in argentina's most productive agricultural area. but now the soil is severely damaged and the corn and soybean plants have

dried up. the farmer believes the season's harvest will be very small. local is the one of them all malak, on the issue of the plants, are in very poor condition, a touch of indo comma, corresponding, he se offer for 2 months. it hasn't rained properly. no. and for 10 days we've had bad weather for plant growth. you don't get upset around it, that you are more important than the, the crop is getting worse and worse. we're in the middle of the time when the grains grow a maxie, mary, monday, our, whatever you have for as soon as you knowing it. i know these plants will yield very little over and are not profitable for the grower. i mean we buckle he no on a cell and telephone approval at the rosario grain exchange. the 2nd largest reference exchange for soybeans after chicago. they've drastically lowered the forecast for this years. argentine crop 14 percent less soybeans. 17 percent less corn. the last to producers here is estimated at $3000000000.00. markets have

already factored in that argentina and all of south america will bring less grain to market. prices have risen to a 7 year high. it's like a year leopard alex. anything that is collapse and expected production is much more dramatic than what other international institutions have anticipated. holloway, although prices in chicago have risen in recent weeks due to the weather conditions in south america. we believe there still a way to stabilize prices even if these conditions persist on with your next bill. however, even a soybean price of $500.00 per tonne will not make up for the loss in volume according to the farmer's lavender. fortunately, crops are doing badly. luda life stock too, but because the grass isn't growing as it should marry and so the livestock industry is suffering from a cows need to eat a lot so they can have calves that are. and unfortunately the pastures are not as productive as they should be. a lot of what you're brought up with that it can, it will know that

a metal the argentine government has set up an agricultural emergency fund, worth the equivalent of 50000000 euros to help farmers. but mathias luce is hoping for more rain in the future. so that his farm can survive. well, we talked earlier about amazon's impressive earnings. it's owner has also been making waves at the dutch port of rotterdam, of all places. a gigantic yacht reportedly being built for the amazon founder is so big that part of a historic ridge in the city is set to be removed to let it pass. local officials say the middle section of the crossing will make way for the vessels. 40 meter masts, when it finally takes the sees the yacht would be the biggest sailing yacht in the world. all right, here's a reminder, the top business story were falling for you. the u. s. at had far more jobs than expected in january, adding to the picture of an economy in full recovery and raising the likelihood of central bank intervention. within 460000 positions were created in the month 3

times the number expected by analysts. and that's it for me and the debate business team. you can find out more about these and other stories online. check us out d, w dot com slash business. we're also on youtube under the dw news channel. i'm from beardsley. thanks for watching to the point. strong opinions, clear positions, international perspectives. kentucky soaring, inflation and plunging currency. bring down the president, sometimes referred to as tesla type for the ability to deflect crisis. economic pain is provoking doubt even among staunch supporters. can turkey survive everyone by down to the point to point 5 d. w. kennedy.

welcome to the dark side, where tech conglomerates have more power than the state. surveillance capitalism became the dominant economic paradigm. and it went from google to facebook from spoke. it became the default auction in the tech sector. oh, take worlds, the rise of big tech minutes on d w. oh, ah. eco, india. how can a country's economy grow in harmony with its people and the environment?

when there are doers who look at the bigger picture, india, a country that faces many challenges and whose people are striving to create a sustainable future clever projects from europe and india. eco, india. pod d w. ah . could turkey's economic woes bring down a president, sometimes referred to as teflon type for his ability to reflect crises and scandal . president recept tie up our no one is doing all he can to repress political opposition and stifle critical media. but skyrocketing inflation of plunging currency and unorthodox economic measures are provoking doubt even amongst his supporters, both at home and abroad. he.