tv Business - News Deutsche Welle February 8, 2022 12:15am-12:31am CET
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shoe garza gold again in this slope, style and half piped disciplines. to watching a dw news live from berlin. i'll be back with the headlines at the top of the hour before that sir. business is up next with my colleague, chelsea delaney in the meantime. you can get all the latest news and information to round the clock, of course, on our website. that's d w dot com. and you can also find us on social media. we're at e w. news on twitter and instagram. i will ask, i believe from me and the team, thanks for joining with . we got some hot tips for your bucket list. romantic cornered, tread hotspot for food chair and some great cultural memorials to
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boot d w. travel off we go. can i help you with teams we had a lot in common. can this become love of i don't got wilkin i on knee that that may could have been an ins. 10 artificial intelligence combat loneliness. hi. and i love stories from the future. starts february 14th on d, w ah, config tax throw in the towel on europe. brussels cracked down on tak, has facebook honor meta threatening to shot in the you fall google battles and in
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your new lawsuit and the block. also coming up, the e. u is scrambling to secure its energy supply as tensions rise. the keys, the fire, russia, or america gas come to the rescue and will take you to coaster rica, wherein inconclusive weekend election is adding to political gloom and what's long rank of latin america. happy as country i'm chelsea delaney and berlin, welcome to the show. social media giant meta has warned it could shut down facebook and instagram and europe. if it is forced to overhaul and data privacy practices. the company said monday, it has no desire or plans to pull services from europe. after warning, it would be quote, unable to offer facebook and instagram and the block without a new deal, allowing it to transfer user data to the u. s. the dispute is part of the use broader regulatory cracked out on big tac. google, if also under the microscope and on monday was sued by swedish price comparison
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site price runner, the $2100000000.00 euros suit. a legend, google promote its own shopping comparisons and search results. now for more on this, let's bring indians quarter are corresponding in new york. so yes, that is a pretty dramatic threat there from meta. is it actually realistic that facebook could instagram could be shut down in europe just it's not the 1st time that facebook actually puts in the air, so to speak, or talks about that pulling the plug in europe. so far we have seen a no action. if i look what's happening here on wall street with the stock price of met, the stock was down. good, 5 percent. so there is some easiness on wall street on the other side, if waltz, we would believe that such a step is imminent, then we definitely would. the stock price of met down by much more than
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a good 5 percent met. definitely has no intention to leave europe, but we for that before. and so depending on how those data laws are being written in the future, at least meta is saying they might be forced to uphold the plot. how realistic that's really going to be as tough to tell at this point. well meanwhile, google is also getting hit by another lawsuit here in the you, but it's not the 1st and probably not the last given new legislation targeting the tech is operating in the you becoming a liability for google and other american texture. i had at least there was a lot of pressure going on and there's no question that the european union is putting a pressure on the huge digital companies. and there are no real huge digital companies in europe. the aim mostly is on those big at tech companies out of the united
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states, but the pressure does not just come from the european union. there's also a pressure on a meta on google and amazon and the likes here in the united states. so i would say it's not just out of the u, but regulation in general, actually is one of the bigger risks for the big tech companies here in the united states overall. patheon quarter there at the new york stock exchange in new york. thanks so much. now to some of the other global business stories making news u. s. low cost carriers, frontier airlines and spirit airlines have agreed to merge the deal valued at $6600000000.00 will create the nation's 5th largest carrier. but your airline to they are expecting annual consumer savings and are looking to expand services with more than 350 aircraft on order. an analysis of climate pledges by german nonprofit
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new climate institute found that the world's 25 largest companies are not living up to their promises. the firms committed to reducing emissions by 40 percent on average, not the 100 percent suggested, and they're not 0 in carbon neutral claim did show. and b, m, w were among companies cited as having very low integrity commitment. the chairman of british grocery chain, tesco says the worst arising from the prices is yet to cotton bridge, should expect another 5 percent increase in the spring and initiative to cut the value out of tax or consumers has for now been ruled out by the government. you and report says north korea's missile program is being funded through stolen crypto currency. north korean cyber attacks have stolen more than $50000000.00 worth of currency in the past 2 years. according to investigators such attacks are an important source of revenue for the nuclear and ballistic missile program. the
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report says, the escalating tensions between moscow in the west have race, concerns about the use energy supply. 40 percent of the blocks imported gas comes from russia and well price ford to record levels. in recent months, russian state run energy giant gas problem has failed to ramp up deliveries. up until now us liquefied natural gas. we played only a minor role in the use energy supply, but that may change as european commission president or the lavonda lion said on a trip to poland on monday. the bound somebody should be meeting, we are building a partnership for energy security with united states, which is primarily about more l. n, g gas supplies. we are talking to other gas suppliers, for example, norway about increasing their supplies to europe, who were, who now in costa rica, a week and presidential election has ended without a decision. the countries,
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ex president and former finance minister, will now face off an april run off election long one of latin america's most stable countries. the tourist hotspot is battling rising economic uncertainty. unemployment corruption, rising cost of living more and more costa ricans are feeling the effects of the economic crisis. joblessness affects around 14 percent of the population. nearly one in 4 people live below the poverty line. trust in politicians has collapsed after countless corruption scandals and fulfill people colder reagan's don't believe in what politicians say. not only because of their behavior, but also because of everything that the political parties have done. unless i feel i'm, we no longer believe them. we need decisive actions that show us that give us back confidence that we can trust them to help us get out of where we are located in irving daniels. i do as i live down to some costa rica used to be
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a poster child before the coven, 19 pandemic, high quality eco tourism created jobs, and generated revenue. oil firms had to stay away. instead, there was massive investment in renewable energy's. nearly all of the countries electricity is green. the intention is to build on this success to become the leading producer of green hydrogen. will bought a kit. the name was when i'm a thirty's electric, and we have an electricity matrix based 100 percent on renewable sources, with enough installed capacity to be able to dedicate part of this energy to generate hydrogen without affecting people's access to electricity. as well as persona ha, dcea. last year close to rico's economy grew around 4 percent according to estimates. and the recovery is expected to continue this year. but that won't be
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enough to make up for the effects of the coven 19 pandemic. in 2019, there were more than 3000 official affections and mexico city, but thousands more are organized privately, sometimes by force, from criminal gangs. the poorest families are the hardest hit. they spend about half their income on rent. the tenants of this apartment block in mexico city are locked in, his struggle with their landlord who did was indus, has lived here since she was a child for years ago. the owner of her building sold it to a mexican bank, ignoring the tenants, right of 1st refusal. the new owner hired armed security, installed surveillance cameras, and sent in thugs to intimidate them. lawyers were hired to force the $45.00 families out of their apartments. but 12 of the tenants staid. they barricaded
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themselves on the roof to escape the constant harassment. but going up, well, yes, both evil it is to the how could they demolish the building when people live here, he turned the key. and that was buncombe. he fell strategy and it scared a lot of people off a. so for part the letter to hillary bank on me feel. although who did resend as and the other challenge regularly pay their rent, the bank is trying to evict them. the plan is to build new apartments and offices in the roman north, a district, one of the most sought after neighborhoods in the mexican capital gentrification as quickly spread to other neighborhoods in mexico city where housing prices have increased by 40 to 80 percent in the past year according to n g o habitat, international coalition. during the pandemic, 30 percent of the capitals resonance left the city due to rising, rents and services. the take away city government must do more to prevent
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displacement of the radial man. it has to control speculation, ballistic lust yawn and promote land policies that take him to account the need for secure affordable housing for this city's poorest population. so they don't have to leave as i was, but i can close them into no, i don't think that the seed sally, and the less you that in 2019 there were more than 3000 officially visions. but thousands more are organized privately, sometimes by force from criminal gangs. the poorest families are the hardest hit. they spend about half their income on rent. gentrification is affecting more and more neighborhoods impacting mexico cities poorest residence. and a reminder of the top business stories for falling for this our social media giant meta has warned it could shut down facebook and instagram and europe if it is
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forced to overhaul its data privacy practices by the european union. it comes as ear regulators tightened the reins on big tack and the escalating tensions between moscow and the west have raised concerns about that. use energy supply. us liquefied natural gas is played only a minor role in the use energy supply. but that may soon change and that's all for me and the business team here in for land for more. from us, check out our website. debbie dot com slash business were also on the d. w. news, youtube channel. and you can find us on facebook till next time, take care. a fairy tale me in china, the winter olympic gains in beijing are set to be
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a big hit. no matter the cost. here or excitement is the government's main focus and surveillance is keeping tabs inside china beijing controversial with on d. w. a pulse of the beginning of a story that moves us and takes us so long for the ride. it's all about the perspective culture information. this is, do you ever you news or do you w me from mine's oh oh. and
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one of mankind's oldest ambitions could be within reach or what is it really is possible to reverse aging researchers and scientists all over the world for in a race against time. they are peers and rivals with one daring goal to help smart nature. more life starts february 16th on d, w. b . china is experiencing a snows bomb. the government wants to see park slope play. that's huge. anya or young.
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