to lake goals to beat into milan. the reds are in great shape ahead of the return lake at home next month. you're watching dw news live from berlin up next all the latest business with my colleague reports. i'll see you soon after that take care. i will interest the global economy our portfolio d w. business beyond. here's a closer look at the project. our mission. to analyze the fight for market dominance. east versus west. good. a step ahead. with the business beyond on you to say you want to know what makes

with love and batting thing away from that. but i'm not going to have to watch my own car and everyone with later holes and every day getting are you ready to meet the german and join me, rachel stuart on d. w. ah, disney sets it sites on the met of the firm that specializes in creating magical worlds now wants to invest in a virtual reality will find out more and more nations report inflation decades long highs will look at the impact the shop was attending. last year's close into this year's fashion, we visit the spanish company hoping to have the new market for recycled fabrics. so no need to be a business. i'm of what's in berlin. welcome to the program. and we begin with news

that disney is appointing an executive to lead the company strategy for the mattress and a memo to employees disney see or describe the developing virtual world as the next great story telling frontier the massive as opposed to a future online alternative reality where people can play work and shop. it's a concept being heavily championed by facebook found a mark zuckerberg whose company metta is already investing 1000000000. he's in the middle of let's find out more about it with yes, just see van his, the founder and see of i 8 ventures which is a business platform focused on innovating, innovating as they put it. thanks a lot for joining us on dw business. just tell us how much the massive us is going to change our lives when it eventually comes into fruition. well, is the met diverse when it comes to fruition is going to change our lives? much like the internet has completely change our lives. that is for sure. now. 7

the interesting question of course, is which domain is going to be affected 1st? and that is a very big question. is there a danger when we got companies like disney and facebook investing heavily in the mess of us that we, we don't and we just won massive us, but we end up with multiple parallel matter this i think that we will end up with 2 versions. one is a particular method versus by particular companies. and of course the one to mention is the microsoft one where they pay just $70000000000.00 for blizzard now, which is one of the biggest met the versus currently. but on the other hand, who left something like the internet, which is a combination of wards out there and it will be connectivity between the lucky unified met diverse. i think we'll, we'll have the 2 versions coming up in that stems from the very unique nature of the metaphors, technology, which is a combination of many sub technologies analysis that seem to fail for uses. we're

way essentially be a different person in the matter of us. well, we could be different person, but i think most of us will continue to be ourselves. because the met diverse 1st and foremost is a way to conduct our lives. whether it's work, whether it's studying, whether it's relationship, whether it's business, it's the same way when we want to do it in our own image. on the other hand, they met the verse is a place where you can definitely hide or you can adopt. and there are many things that you can do there. and that's is really what disney is talking about, sort of a new alternative storytelling whereby you will be the hero. so instead of just watching somebody, you will be playing around with the normal duck or other characters from the mother world. but if you're going to see the methodist thing, an even bigger part in our lives that maybe the internet currently does. this,

the idea of large tech companies having access to so much of you know, what makes up our lives that does that were, you know, a must say, because we have seen until now most of the value that we get, by the way, beyond the national set just acknowledges which is the c k p for the internet, you know, darpa u. s. defense. and the web itself coming out of europe from cern, a with h t m l. after that it was all commercial and sort of copied the least or semi capitalists. you talk about china, the companies, and they have created this wealth of technology that are really make our life much more interesting. so at the end of day i, i will see i see this technology is emerging from different companies but contributing to our life in the competitive world. we're going to value rural areas . yvonne has been great hearing your insight into this. thank you very much. thank

you. very much draw. thank you. bye bye. now for many parts of the world life, it's getting more expensive. yeah. okay. and canada have both just announced their highest inflation figures the 3 decades. but the clash of resurgent demand and choked up supply is creating tough times for shoppers. almost everywhere. ah, for many shopping is a lot less fun. these days. prices across the boards are getting more and more expensive. and not just in germany. prices are growing up in many countries. but why does a hot not do the same? it's attuned us via of course it has to do with the fact that we're coming out of a deep recession. the coven, 19 crisis, cost prices to fall. when people weren't driving cars, energy prices in particular went down really, very few planes were flying. and now it's just the opposite. getting tired, fuck out. so there are rising energy prices,

but also long lines of ships waiting to dark because ports can't unload fast enough . the corona virus brought supply chains to a standstill, and now in germany, there are 11 percent fewer wholesale goods available than before. the pandemic cars, for example, are becoming more expensive and harder to find. you could wait up to a year for the model of your choice. electrical appliances are more expensive to the chip shortages to blame and the pandemic. many people need new laptops, tablets, and smartphones in order to work from home. so what's next? when does it that's uncertain, it'll depend very much on how the unions react, how the collective bargaining parties react. and if they say, we want to be compensated for the high inflation now by increasing wages sharply,

then there's the danger that we'll run into a wage price spiral. protest be an island or high school, had a lot. the prices continue to rise many every day items could soon feel more like luxuries. while inflation is the major issue facing the nearest central bank, the federal reserve, la costa financial cost on as in new york, young's quarter young inflations already been dragging on longer than the fad had initially hoped. and is there any sign of it stopping? well, i mean there are a lot of moving parts. if you look at the recent numbers that we've got about produce a price as consumer price, as there is no sign that price pressure, it's easing and having that set. i mean, we have this problem, a problem with the balance of the imbalance of firm supply and demand. and if you look at the supply side, so maybe some issues with the supply chain to might get solved or might get better in the month to come. but if you look at wages in the united states for intern also

energy prices, it looks not so much that we will see some easing there anytime soon. i mean one new figure. so retail says in the us to buy 3.8 percent in january, help me out with this. is that because price is arising or despite it? well, i have to tell you both. i mean on one side, definitely that price is increased was one reason why retail sales are up by a huge amount of for 3.52 or 8 percent. those numbers are not adjusted for in plate inflation. so it things get more expensive if you're buy the same amount. in general, the retail sales figure will pop up, but actually the sales numbers increased more than what we've seen on the price side. so shoppers did not shy away from spending money,

even if prices went up. so let's wait and see if that's going to change. by the way, we will get another more detailed or some other information on that. on thursday when wal mart, the biggest retailer in the country, and by the way, also biggest private employer will come out with the earnings report. even on the things in the course, run more strict for us as some of the global business stories making the news. evian b as opposed to the 4th quarter profit of $55000000.00, short term rental companies. revenue soared above pre pandemic levels, reversing a huge loss a year ago. it predicts bookings and prices will continue to rise. this year, as demand for travel is strong. and chinese officials are given out the green light to build a new electric car factory. german brand wants to produce 850000 cars per year in the northeastern province of g. lynn plant would be run jointly with a chinese partner out. he hopes to finish construction. 2024. as estimated,

almost a 100000000 tons of textile waste is thrown away worldwide. each year in spain, one company has taken up the course of breathing new life into old work. where is how they make recycled clothing fit for the future? a sewing shop for the disadvantage in barcelona. the employees here produce sustainable workwear for the start up circle. our co founder lewis 3 ball wants to supply a customer with new chefs whites right away. he says it's the design of his company's clothes that makes the difference and send it to him and almost all the sustainability of a government isn't that. but in the louis city bought takes the shafts jackets to a restaurant. the owner puts an emphasis on locally source the ingredients. so why not locally made uniforms to configure out of the muslim circle are we now have the opportunity to get back into the cycle lateral. we aim to recycle the clothes and

not produce waste food. i mean, it's important for us to get into those get be now when the shaft jackets and a prince have had their pay, they can be sent to this company. it uses them to produce fleece. that's been given to another company that spins it into thread, out of which weavers make new fabrics. but the market for fully recycled clothing is not there yet. for new york, that's our dream, our real goal to make new work where from recycling work, where after all, we can see the economy moving in that direction. but in the end, it's all about efficiency. it's, i mean, it's, and it's all about the willingness of customers to pay more than they do right now for a product with a special story. in fact, one main thing, the huge quantities waiting to be recycled here are left over from textile production without buttons and without slippers. so in order for shirts or trousers to be recycled, they have to be prepared. circular, however,

is betting that its recyclable cooking jackets will soon be repurposed here. because starting in 2025, the e u textile strategy is set to ensure a more recycling and less dro away fast fashion. missile from the business team here in berlin, from overhead over to our website. did we dot com slash business and the theda we news each child easton ukraine, serge kilometers from the front in gulf boss. this is where priestly uchiko in his family fled 8 years ago. a new home now threatened 5 if possible, invasion of russian troops but the, lia jenko, self standing through and refused to be driven away, weekend focus on europe. next, on d, w. enter the conflict zone with tim sebastian. much of the u. k. may be getting

on with rex it but no way or it's affects more devices than in northern ireland. and no political group is angry about them than the democratic unionist party. it's harvey, it is the so called northern ireland protocol. my guest this week from county and jim and northern ireland is sammy wilson for the peace chief with the parliament in westminster conflict dawn in 60 minutes on d. w. o. she up to date. don't miss our highlights. the d w program on line d, w dot com, highlights the battle against cove it the only common variant is putting healthcare 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 release? you know, a weekly coping special every thursday on d w. ah, ah ah. hello and welcome to focus on europe and the eyes of the world are still on the 10 situations along the border between russia and ukraine. despite signs of a possible de escalation, russia had amassed heavy weaponry and well over a 100000 soldiers close to the frontier, one of the largest military operations in decades. and the.