tv Business - News Deutsche Welle February 19, 2022 12:15am-12:31am CET
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it's likely to cost even more have that then it's pete assessor did just days earlier. well, right, you're up to date rob watts is up next with our business news. and remember, there's always plenty more world news analysis and debate, as well as sports and business news for you on our website. that's d w dot com. and remember you can check us out on all your favorite social media channels. for now. thanks for watching. ah, 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 this is wes. good, a step ahead with the w business beyond on you to
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say you want to know with love and batting thing that way, but i'm not even know how to work my own car and everyone with later holes in every single day getting. are you ready to meet the gym and then join me right? just do it on d. w. ah ah, tensions in your of cause a week of worry on wall street. stocks all is phase of a russian invasion of ukraine. rice will discuss why invest is a feeling the dread. another threat facing the world economy according to the g. 20 is inflation. we'll take a look at what's being done to stop prices getting out of control and gaining super strength. hey, how electronic exoskeletons called revolutionized. i'll humans do that every
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lifting. this is data we have business on robots and berlin, welcome to the program. the world is holding its breath concern over a possible russian invasion of ukraine continues at the end of a week that's laid bare the potential global impact. financial leaders of warranty that an attack could de rail the economic recovery from the pandemic. meanwhile, global markets have had a rollercoaster. we rising and falling as hopes of a russian withdrawal were raised, then have to weigh speaking at the munich security conference, germany's foreign minister and elaine of bab. okay, so the situation remained gray would not pricey. so dot a 130000 soldiers on the border. it's difficult not to take this as a threat. those who want to live together and security do not threaten others. those who want to live together insecurity talk at the negotiating table about our common security. the here and lena bear book that speaking alongside your secretary
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of state, antony lincoln's la costa financial correspondence in new york, yann's quarter gens was sort of a toll as a week of uncertainty over russia's next move taken on wall street. clearly i mean, we did see pressure for a 2nd week in a row, and it's not really surprising because everything seems to be could happen over this weekend. so investors are definitely not going into this market at this point to blue chips down for a good 2 percent for the week. and then we don't just have the situation in the ukraine. but we are also talking about all this information press area in the united states are much more aggressive federal reserve probably in the next couple of months. so all of that combined does cause a lot of uncertainty. and when we see uncertainty, investors attend to sell stocks. indeed, and it's actually,
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it's not just on their stock market that thing and impact is it? well, what do we thing elsewhere in terms of commodities for example? yes, sure. i mean, not necessarily today, but in general we do see a lot of pressure on commodity prices. i mean pressure, meaning that they're on the right. i mean all price is pretty much at the highest level in about 7 years. even if we got a little bit oil prices came down a bit in the past 23 trading days because there was a hope for another agreement between the european union, the us and i ran. but overall, i mean if you look at metal prices, if you look at commodities, if you look at all gasoline, i mean all of that in general here, you trading to the upside. we could see pressure on supply on the supply side. and that in general is driving prices for commodities higher. ok, well at the end of a busy week for you again, go to thank you very much for joining us. once again on
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d w business. meanwhile at the g 20 meeting in barley, inflation was also at the top of the list of concerns, finance ministers, and top central bankers are hoping new policy tools can help control price rises. many fare, inflation will undermine wages and making new debts taken on by government, harder to pay down. some financial leaders are also wary of derailing the recoveries of already fragile economies and cautiously planning the unwinding of support programs or investment. we heard from adult yell chin, he's an economist, and professor at constance university of applied sciences here in germany. as speaking to d, w earlier, he said that ultimately it's the u. s. that has the greatest role in determining the course of inflation globally. in the you ask, for example, the federal reserve clearly indicated they don't consider the inflation to be only
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temporary driven by corona all white energy prices is because all basically are too fast growing economy. and therefore, interest rates will be increased more life. and my concern is the us has a key role here. if the fact is going to increase interest rate, this will, of course, increase the capital cost globally on the market. and that will increase costs also for emerging economies like argentina, developing countries like in africa when it comes to refinancing. next, so lank as economy has been in crisis for most of the pandemic with prices spiraling every day. items are getting more expensive, but now a new rule about fertilizes in the country is making even locally made. staples are to come by priyanka roger pox have from sri lanka has been a rice farmer for 25 years. the whole time he relied on artificial fertilizers, but many people have gotten ill recently, and the government suspects
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a connection to the chemicals being used in agriculture. 6 months ago the fertilizers were banned something, roger pox. i can't understand. i've got about it. i farm about 20000 square meters, identity that i, we used to harvest 35 bags of rice from that other have. now it's just for bags all because we can't use chemical fertilizers. i'm incredibly angry with the government . the wound that out there. the lower yields due to the fertilizer been r, exacerbating the already tense economic situation in the country. krishnan push pin up and has a small store where he sells rice, but fewer and fewer customers are stopping by. oh, i would estimate that 80 percent of my businesses gone, maybe even 90 percent every day the prices are going up. oh, you can't even be sure what a product will cost the next day. not even alpha la voting depot, they would the high inflation rate in the countries already. huge mountain of debt,
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sri lanka is on the brink of economic collapse. a crisis that piano roger poxy, is experiencing 1st hand. he doesn't know what the future holds. he is as good is broke and can hardly even buy food then. but the animal i'm 200 euros in debt. normally i can pay that off with my harvest. but how can i do that now? i still have to look for a 2nd job. i don't, i don't see a way out of my situation. his race may be healthier since the fertilizer van. but brianna, the roger pock so can no longer live from farming entry lancoste current economic crisis. i'll take a look at some of the other global business stories making the news fresh data shows that china is once again, germany's most important individual trading partner, the germans statistics office, putting the value of trade between the 2 nations. last year, at 245000000000 euros is the 6th year in a row that china has top the list shopping websites owned by china as we chat. and
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alibaba have been added to the u. s. notorious markets list. there are among 42 websites suspected by us. authorities are trading and counterfeit goods, which at only $0.10, says that it's invested heavily in protecting intellectual property on all of its claps. i will 2020, to be the year of the exoskeleton. these mechanical suits allow, whereas to lift heavy objects more easily and without putting a puny little human bodies under too much strain. it's just one innovation that's changing the way workers interact with their workspace. ah, could this be the future world of work? an invention that merges people with machines, the artificial exoskeleton, it's
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a kind of suit that increases the workers strength. at the same time, it reduces the physical strain and health risks to the wearers. back. this computer controlled exoskeleton adapts to the individual where the technology enables the device to compensate for any on economic human lifting behavior and optimize is fluid walking movements. as an gunam, i'm saying, well, what essentially this is a little robot you wear on your back. like a rucksack to leave the physical load, the power and support are generated by these electric motors. he went to the typical load compensation and one hour is between $1.00 and $1.00 and a half tons. eyes come up. that gives you an idea of just how much physical effort these workers expend must be the meadow deadlines license. i wouldn't perhaps, exoskeletons could also be used to provide assistance to workers who deliver
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packages, as well as caregivers. although there is no prospect yet of humans being rendered completely obsolete. though that's not why we still need humans because these robots lack the intelligence. as we've seen in a logistic sector, especially during the pandemic. there are some things you cannot plan for, bo and them. that means adapting at short notice which isn't possible with immobile and inflexible robot systems. and that's where human labor even with and exoskeleton head is a far more efficient option. oh, a start up in california, teleports it's drivers into warehouses across the low. the transporters either operate autonomously with human assistance where needed or their remote control directly and exclusively by the human drivers. are core hypothesis is that autonomy is deployable today as long as you have a human in the loop. you have one human,
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they can be said in thousands of miles away that is monitoring multiple autonomous forklifts at once. we're also providing warehouse workers the privilege to, to work remotely, right. the same privilege that's bestowed. busy on, on office workers, the technology could also be used to drive trucks and taxis, thousands of kilometers away. the robots are on the march. so it's a little scary, isn't it? just leslie, it may be many a child's dream to live in this lena disneyland, but soon we might obey able to do something almost as good to have a look at this. disney has announced it's planning to build new residential communities. it's 1st town is going to be in california coach, hello valley, and we'll be built around a lagoon. a disney will host entertainment and activities at a price. of course, it's not disney's 1st foray into residential property, though it developed
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a large community in florida. in the 90s, you may remember, but as since divested most of its ownership and that's all for me on the business team in berlin, goodbye. ah . what making the headlines and what's behind them. dw news africa. the show that all the issues have been the continent. life is slowly getting back to normally on the streets to give you enough reports on the inside of our cars. funds is on the ground reporting from across the continent, all the trend stuff, the mazda to you next. on
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d w. it looks like a suit case on wheels, but perhaps it's the electric car for the entire world. b, a. c. m. city one. affordable, flexible, uncomplicated, developed in germany. usable wherever there's a conventional household socket. plug and play red. in 60 minutes on d w. ah, with, i think everything jenny, inc fair, some are big a muslim. so much different culture between here and there. so challenging for everything. ah, and to some of this,
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i think it was worth it for me to come to germany shop my got my license to work as a swimming instructor and dish and now are 2 children who don't i what's your story? take part. sharing on info migrants dot net. ah, this is the w news africa coming up on the program after lead us of the african union on the union meet in belgium. we ask, is it really a relationship of equals added to the meeting. you and africa lead us looked to reboot, ties through major investments pledges. we take a closer look at the witness and lose us. of this strange alliance of europe is the most reliable continent for africa. and by far the nice and posted lofty africa
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