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tv   Business - News  Deutsche Welle  February 17, 2022 4:15am-4:30am CET

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also plays an f as well, also treated to a parade to downtown los angeles. it watching d. w. nice lively from berlin up next is all the latest business with my colleague robots season of the battle against cove. it the only covariance 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 in a weekly coban special? every thursday on d. w. ah,
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what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage sites. d w world heritage 360. get the out now. oh, there's ne, set 6 sites on the meta verse. the firm that specializes in creating magical wells now wants to invest in a virtual reality. we'll find out more as yet more nations about inflation at decades. long highs will look at the impact chavez. and turning last year's close into this year's fashion, we visit the spanish company hoping to have the new market for recycled fabrics or sona. it'll be
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a business i'm of course 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. in a memo to employees, disney, see or describe the developing virtual world as the next great storytelling 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 meta is already investing 1000000000 let's find out more about it with yes, c 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 date of your business to tell us how much the mass of us is going to change our lives when it eventually comes to fruition. well, 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
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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 go companies like disney and facebook investing heavily in the mess of us that we don't end up with just one match of us, but we end up with multiple parallel matter this i think that we will end up with 2 versions one is for particular met 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 lives something like the internet, which is a combination of wards out there and there will be connectivity between did like a unified met diverse, i think will will 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
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essentially pay 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 may 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 modern world. but if you're going to say the methodist thing and even bigger part in our lives, the, maybe the internet currently does this,
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the idea of large tech companies having access to so much of you know, what makes up our lives that does that. we're, you know, a must say, because we have seen until now most of the value that we get, by the way, beyond the initial set just acknowledges which is the c p i p for the internet, you know, darpa u. s. defense and, and the web itself coming out of europe from cern, a with h t m l. after that it was all commercial, in sure, of capitalist or semi capitalist. you're talking 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. and the competitive world will create the value rural areas. yvonne has been great hearing your insight into this. thank you very much.
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thank you very much. draw up. thank you. bye bye. now for many parts of the world, life getting more expensive. you k in 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. blue for many shopping is on lot less fun. these days. prices across the boards are getting more and more expensive and not just in germany. prices are going on in many countries. but why thus hutner to resubmit so tuned 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. king tired, fuck out. so there are rising energy prices,
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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 of 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 to. so what's next? when does it? that's uncertain, it'll depend very much and 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,
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then there's the danger that we'll run into a wage price spiral. odyssey and i know high school had a lot of the prices continue to rise many every day. items could soon feel more like luxuries. well, inflation is the major issue facing the rest central bank. the federal reserve, la costa financial, correspond 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 sol store might get better
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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 rising or despite it? well, i have to tell you both. i mean on one side, definitely the price is increased was one reason why retail sales are up by a huge amount of 3.5 or 8 percent. those numbers are not adjusted for in play inflation. so it things get more expensive if you 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,
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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 things in this course run more strict for us as some of the global business stories making the news. evian be exposed 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 north eastern province of g. lynn plant would be run jointly with a chinese partner out. he hopes to finish construction. 2024. as estimated,
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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 disadvantaged in barcelona. the employees here produce sustainable workwear for the start up circle. our co founder lewis 3 bore 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. anthony determines almost all the sustainability of a garbage has not been up in the luis we bought, takes the shafts jackets to a restaurant. the owner puts an emphasis on locally sourced ingredients. so why not locally made uniforms to can config will out of that, it was a laptop with a circular way and now have the opportunity to get back into the cycle that f. e. glad lateral. we aim to recycle the clothes and not produce waste food. i mean,
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that made important for us with us getting for those katie, i'm happy with that. so now when the shafts jackets and aprons have had their day, they can be sent to this company. it uses them to produce fleece. that's then 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 an owner from crestview often that's our dream. our real goal to make new work where from recycled work, where after all, we can see the economy moving in that direction fancy. but in the end it's all about efficiency that me and quantities. 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 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 of trousers to be recycled, they have to be prepared. circular,
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however, is betting that it's 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, need to be dot com slash business. and the d 2 in use each of channels i can enter the conflict zone with tim sebastian. much of a u. k. may be getting on with brett, but no way or it's a fact more devices than in northern ireland and no political group is angry about them than the democratic union party. it's hardly against the so called northern ireland protocol. my guess this week from county, i'm driven over the island is sammy wilson could be peace, treat, whip the parliament in westminster conflict zone on d. w with these women are fighting
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a bitter battle. i mean to him in civil war d, raising their voices. goal is to liberation if they're captured husbands. some of the ski mission, human mothers of the kidnapped in 45 minutes on d. w. a or driven by merciless greed. others are fighting the destruction organic. when the invaders came to prison, they done the next 2 days ago, ferment is trying to destroy the indigenous people with a large scale. pershing and grabbers are exploiting b,
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amazon rain forest. indigenous peoples are now briefly opposing them because it's not only the earth's brains ones that are dying to the reinforce, to cease to exist and or people die out. a long term report from the heart of brazil starting march 9th on d. w. much of the u. k, maybe getting on with bread it but nowhere or it's a fact more devices than in northern ireland and no political group is angry about them than the b u. p. the democrat zullie mccarthy. it's target is the so called northern ireland protocol devices which keeps northern ireland both in the u. k. and for trade purposes in the e. u. single market at the same time. complicated. yes. but the aim was simple enough to prevent the hard border.

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