tv Business - News Deutsche Welle February 11, 2022 3:45pm-4:01pm CET
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germany too lengthy will get an exports and with inflation climbing to a 40 year high will take you to kentucky coal country where rising prices are hitting hard in a region already racked by pumpers colburn berlin, welcome to program. britain's economy rebounded by a record 7 and a half percent last year on easing covert curves staging a partial recovery from a pandemic driven historic collapse. the u. k. economy increased by one percent in the 4th quarter despite the emergence of the army. current cove at various british finance minister issues to knock saying the economy. quote, proved remarkably resilient for morning calls over to london and our correspondent, big mass bigot. tell us it's just, this is just a rebound from a cove it crash, or is there more to these figures the
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government and receive soon as you have mentioned had c is a c. it of course as a vindication for their cove. it measures, for example, for the 400000000000 packets are package that was available for, for the economy by the chancellor. but all say for the fairly i'm, well, i wouldn't say lax but they, you k was always bit ahead of the curve when it came to eating restrictions and in the european context. so for example, at the moment, there virtually no restrictions in the u. k. c. so the government will see it as of indication of, for their policies. however, it is of course, in the context of, of the u. k. having suffered enormously independent make, had the biggest recession in a 100 years. so it has to bounce back from a place that was pretty dark actually for, for the economy. and of course, also followed of british people. and we also know that the economy is still being
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hit by brag seat and the u. k. economy. so the government own figures say that out there is 4 percent of the g, d p being knocked off and in the median permit, we will see there will be a foot further problems at the borders when there are basic new new laws between the u and u k. traffic come into place. so it's our welcome news for now, but it's definitely not plain sailing with the a u. k. economy in the larger context burg martin london. thank you. now, 2 years ago, m u s. e car maker tesla started building a factory outside of berlin. it is now ready to start rolling out new cars. but production is yet to start necessary permits buyer authorities are still pending. environmental groups and local residents had voiced concerns. for example, over the water consumption of the factory tesla ski factory outside berlin, the assembly lines are already warmed up,
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but authorities have yet to give the final go ahead. they're about to do so. but at a nearby lake, protesters are getting ready to voiced the concern. they worry about teslas, enormous water needs. and fear drinking water here could soon be in short supply. and that could effect not only the small town in brandenburg, but also the near by capital city, missouri, the new bill, and you see it in the dry fours and says the berliner, i have to say, my biggest fear is for berlin's drinking water. and we'll tesla's thirsty factory doesn't worry. ellen musk during a visit in 2020. he said there was more than enough water for every one. at 1st glance, it seems like there's enough water here indeed. but that's just on the surface. tesla is drilling deep into the water table and that stressing it more than ever before. something brandon brooks environmental ministry should have looked into
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environmental groups say it is not done is due diligence nixon, his young verses in kind of at least the analysis wasn't detailed enough. they also didn't look at the effects on the water supply for locals. it must be because we're extracting much more now the water table is falling, then it's been dropping since 2010. it's so extracting more now is the wrong course and needs more consideration over this of in for the photo vic on most to minute ins. deputy for the poof, vanessa, cedar fellows. now a regional court must decide how much water tesla can use. and that could put the brakes on tesla's plans in germany. or i'd, what does this case tell us about germany as a center for commerce and industry? that's got the view of who about us back on this is the head of research added the german economic institute in cologne. welcome to
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d. w. now with all the different parties involved, it is a 2 year approval process for such a huge project. really too lengthy but i think both a true and the one on the side of the bed bed image for germany that it takes pretty long, much longer than another reason. and you can create that must become one. tried to get the code to create an earlier but on the other side. so for approving of it, we are too big because after one factory extra which means so we improve a lot of things from the beginning as not too long time regarding the difficulty and the different perspective. now on the issue
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now you've been examining the factors that are relevant to doing business and you claim germany has lost some of its appeal because of what some you as lengthy bureaucratic processes the part of it we are, we are compared to other countries. low in many, many read all the topic, many, many companies and of course, cost tradition, location, labor costs, and also taxation and add to energy prices come to main obstacle, indiana to transition. on the other side, we have a good market. we have good qualified people. we have a very, very good government, right? so no, i've been in many other parts of the world. no one could also argue that due diligence just takes its time. do you recognize improvement efforts among germany's new
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government? it takes time, but there are options to make things create to to, to be quicker in legal questions approver and review every object which comes back can be created by using more digital to having a comprehensive bob mock a company if chris in extensive company today in average a company, if you could, would you that's a 7 day one day increase the peak. i think you're the quicker about this part of the german economic institute. i give her thoughts. thank you. bye. a keep us inflation gauge. rows
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a steeper than expected 7 and a half percent in the year through january high energy prices. supply constrains and strong demand have been driving inflation prices for used cars and gasoline searched by about 40 percent over year. according to the labor department consumer price index. now, inflation is the burden that falls hardest on the poorest. like those in rural eastern kentucky, you may notice coal country, the region has become increasingly impoverished. as the coal industry declines. don't use stuff on the months, went there to see how people are dealing with spiraling prices. ah, kentucky is not doing too well these days. what is called america's great resignation, as in millions, quitting their jobs and record to inflation are hitting people heart in this part of the so called bluegrass state or eastern part of the
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most economically depressed regions in the united states of america. why is that? because he's in kentucky is cold country and the decline of the coleman is treat going on for decades here and left his mark on the region and on the high rollers are not to be found here. people here are making their living by working hard wages, minimum wages, and depressed wages and salaries are real thing. so the inflation hurts people here. ah, and i'm danny. i'm a 3rd generational co, wagner. i started working co lands and 1990 toe, and i absolutely lived, i retired then i got diagnosed in 2015. that's why glucose denny's 48 years old. he
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suffers from black lung disease decades of breathing in cold us cost. message scarring in his lungs. breathing is difficult. working. it's impossible. danny and his family, his wife jenny, and daughter molly are mostly living off a fixed income and modest monthly federal paycheck he receives for having ruined his health and the coal mines. life was on a lean budget before inflation hit. now it's a struggle then he says, well, we haven't obeying other. sometime we had rabbit trader. you know, so i was much fuel fuel money for gay. s as we can. and we cannot go no farther than we have to. it's not just danny and his family struggling with and juggling rising prices for gas for groceries for power and for heating gas for weld . pretty much everything. historic inflation or not call b hall executive director of sore, which stands for shaping our plaque and region. and non partisan and non profit
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organization thinks that to maneuver eastern kentucky and it's people out of misery . the region needs broadband, it is the i whatever insert whatever cliche you've heard. it's as important to this region is electricity was in the forty's to the aria. the idea here, fast and reliable internet access for the region will bring better jobs, better jobs mean better wages is that the proverbial light at the end of the tunnel for danny and his family for thousands more here in cold country kentucky, that tunnel seems to be awfully long and the light at the end of it. flick us only dimly, at least for now. and here's a look at our top story at this hour. britain's economy rebounded by a record 7 a half percent last year on easing coven curve staging a partial recovery from a pandemic driven historic collapse. the u. k. economy increased by one percent in
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w. ah . this is the w news line from berman b u. s. warrens or russian invasion of ukraine could come at any time secretary of state and to be blank and call for more dialogue as president biden tells americans to leave ukraine. now, as things could go crazy quickly, also on the program, opposed for africa and it's battle against coven 19 as the continent gets its 1st vaccine, manufacturing plant. the head of the world health organization tells us it's a promising start. an international summit of protecting the oceans wraps.
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