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tv   Business - News  Deutsche Welle  February 11, 2022 5:45pm-6:01pm 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 poverty. empress colburn berlin, welcome to the program, brings economy rebounded by a record 7 and a half percent last year on easy coven 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 more, let's go over to london. and our correspondent, big mass bigot. tell us is just, this is just a rebound from a coven crash? or is there more to these figures the
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government and reaches 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 packet, a package that was there available for, for the economy by the chancellor. but all say for the fairly or well i wouldn't say lax but they, you k was always bit ahead of the curve when it came to easing restrictions are in the european context. so for example, at the moment are 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 hit by brag seat. and you kc honda me so the
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government own figures say that there is 4 percent of the g, d p being knocked off and in the media and harm. and we will see there will be a foot further problems at the borders when there are basic need 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 by authorities are still pending. environmental robes and local residents had voiced concerns. for example, over the water consumption of the factory. tesla eskegal 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 voice their concern. they worry about test last enormous water needs. and fear drinking water here could soon be in short supply. and that could affect not only the small town in brandenburg, but also the near by capital city, month, an invalid on you see it in the dry fours and says the berliner, i have to say, my biggest fear is for berlin's drinking water. but you know, and we'll tesla's thirsty factory, doesn't worry. ellen musk doing 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, nickel of young vessels in kind of replace. the analysis wasn't detailed enough. they also didn't look at the effects on the water supply for locals. must be customer extracting much more. now the water table is falling, then it's been dropping since 2010. so extracting more now is the wrong course and need more consideration over at least for the photo vic on most to minute and the 50 for the poor to follow me. now, a regional court must decide how much water tests i can use, and that could put the brakes on test last plans in germany. all right, what does this case tell us about germany as a center for commerce and industry? that's got the view of who beth is back on this. he is the head of research at the german economic institute in cologne. welcome to d,
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w. now with all the different parties and it is a 2 year approval process for such a huge project. really too lengthy but i think both protected and through and the one i cited the bed bed image for germany that it takes pretty long, much longer than another reason. and become creek that must become one to try to get the pros, creek and. and so for approving of it, we are to big data. so why decided to february, actually, which means we improve a lot of things from the beginning as not too long time regarding the difficulties and the different perspective. now on the
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demand. 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 view as lengthy bureaucratic processes the part of it we are, we are comparing the low in many, in many respects already. topic many, many companies and of called cost tradition, a bit up location, labor costs, and also tech based and added. and as a private company may not, because in the end of the transition, on the other side, we have a good market. we have good qualified people, we have a very good example. very good government, right? so no, i've been in many other parts of the word not 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, crescent dr. approver and with you every which can bang can crate out by using more digital to and i'm having a competent to compensate if chris in accepting a new company an average a company if you could, would you that's a 7 day one day increase by 6 years yeah, so click on that as 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 a 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 call 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 kentucky,
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the 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 this tree 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 am a 3rd generation where i started working co lands in 1990 toe and i absolutely lived and i retired. then i got diagnosed in 2015. that's why i, danny is 48 years old, who suffers from black lung disease,
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decades of breathing and cold us cost, message scarring and his love breathing is difficult. working. it's impossible. danny and his family, his wife, jenny, and daughter, malia 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 the lean budget before inflation hit. now it's a struggle then he says, well, we haven't obeying others. and so that 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 plans 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 broadban. 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 ethan cove curve staging. a partial recovery from a pandemic driven historic collapse
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u. k. economy increased byte one percent in the 4th quarter. despite the emergence of the army. kron coven, mary. and the reps are shown for more check out our website at d. w dot com slash business. i'm chris kolber in berlin. thanks for watching of bring him with blue. ah
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ah, to the point. strong opinions, clear positions, international perspectives. have chinese lead or she jane paying and russian president vladimir putin joint forces against the west. is democracy under pressure and how should nato and the you respond to the challenge? find out on to the point to the point with respond d. w. lou, can we transition to green energy without collateral damage? well, the raw materials for future technologies come from and under what conditions would they be? perhaps in the brave new energy world will be quite so green after all
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in 75 minutes on d, w. and we're interested in the global economy. our portfolio d w business. beyond here the closer look out the project, our mission. to analyze the fight for market dominance. to this deb ahead with the w business beyond on youtube, it was frank food, a have a lot international gateway to the best connection, south road and rail, located in the out of europe. you are connected to the whole world of experience, outstanding shopping and dining offers and drawing our services all. be all a guest at frankfurt airport city, managed by frappe waterloo.
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ah ah. is it a w news line from bad b, u. s. warrens russian invasion of ukraine could come at any time secretary of state antony, blank, and calls to more dialogue as president biden tells americans to leave ukraine. now, as things could go crazy quickly, also on the program, a boost for africa in its battle against covey. 19 as the continent gets its 1st vaccine manufacturing plant, the head of the world health organization tells d w. it's a promising stuff ah.

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