tv Business - News Deutsche Welle April 13, 2022 5:15am-5:31am CEST
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dr. gilbert gottfried has died after a long illness. according to his family, the former cast member of the show saturday night live was also known as the voice of the paris in the animated film. aladdin godfrey was 67. that's for that's it. for me, business new says next. ah, we've got some hot tips for your bucket list. romantic corners. hot spot for food and some great cultural memorials to boot d w. travel off we go. hello guys. this is the 77 percent the platform with issues. hey share
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idea. you know, all these channels, we are not afraid to talk to. young people clearly have the solution. good future this 77 percent every weekend and d, w ah, us inflation hips of for decade high with fuel food and rent costs all surging. we'll ask whether there is any end in sight. also coming up to nicea is rationing. flower is wheat, becomes gas. we'll look at another major knock on effects of the war in ukraine. and the war on the web here have both sides in the conflicts deploying cyber attacks to undermine the enemy. this is data be a business,
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some robots in berlin. welcome to the program. annual inflation in the u. s. has searched to its highest level in more than 40 years. consumer prices rose by 8.5 percent in march. according to the labor department. gasoline was the chief. cooperate with isis, jumping more than 18 percent, and accounting more than half the overall rising costs. food prices and rent also increase sharply. supply problems, forced by the current of ice pandemic are only being made worse by the uncertainty caused by russia. the invasion of ukraine left him on this for my financial correspondent in new york. he ends quarter. yes. nice to have you with us as the highest inflation since 1981. and is there any sign that we're at the top of the curve yet? clearly, quite to mind blowing a numbers here when it comes to inflation in the united states. and that is the big debate to might we have the and the peak level at this point to me at least we saw
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some areas used cars for example, where at least in comparison to february, there was a small, a decrease. other prices did not increase as sharply, at least for the months prior. as we've seen. let's say in february or january about having that set. i mean, prices will remain elevated for some time, maybe not at this 8 percent mark, but definitely way higher than their round 2 percent price increases that we see in a prior to the pandemic. and this is, of course, exactly the sort of thing that the federal reserve is supposed to be keeping an eye on. so what do we know about our plans to try and bring down that inflation? there are definitely and i mean those numbers are pretty important because the next set meeting is early may. so we will not get any 1st press numbers on consumer prices until then. we will not get another job reports until that meeting. and to
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just think back what happened with the latest, the jump report with on unemployment rate of about 3.6 percent, almost the lowest unemployment rate in about 50 years. so i guess the federal reserve is going to act at this point. it seems likely that with the 50 basis point, increase them of interest rates. also, the balance sheet probably will get reduced quite a bit. but the big question at this point is how much can the federal reserve do against inflation in the short term? because there are also some structural things at play and then just look at what happened to the prices, for example, they don't buy a good pick percent on tuesday alone. so prices, as i said, will remain elevated for now. and there's only so much the fed can do. okay, and sorta in new york for us. thank you. now, the world trade organization has warned that the conflict in ukraine is putting the fragile global trade recovery at risk. b. u t o has revived down is great forecast
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for this year, from 4.7 percent to just 3 percent saying trade could slow even further depending on the cost of the war. now on monday, the world bank predicted ukraine's economy would fall 45 percent due to the war. earlier, my colleague steven fiercely spoke to the metro last chairman of the ukrainian business and trade association. he asked him whether the key to ukraine's recovery would be a recovery and production. i don't think so that it will be connected to production . the yes will lose some people, especially those from 18 to 6 to which went to war is more of the question of logistics. because unfortunately, a lot of driver's car drivers simply went to the war. and unfortunately, we don't have a political will from european union to support in terms of insurance, the cars and drivers which will come to going to pick up loads. so the question will be it not, and production of the question will be in logistics between the ukraine and european union, this insurance issue, have you directly raised that with you?
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and what do they say from, from business side? the raising of the saying it's complicated, but the trying to make a consideration how to support insurance competence including those who have in germany. do you believe like you're getting enough progress? you're making enough progress when you talk to you about helping out on some of these things a portion of the commission is they doing a lot of stuff and thinking them a lot of say, celebrating is in, you know, peaceful time. and now it's what i mean the korean, so definitely we need to short on this bureaucracy, especially when he's such kind of important political decisions and not only for you green, but also for european union. we supplied a lot of stuff to european union, especially in the cultural production. the war is ongoing. there's talk of a new campaign in the east about things getting worse. is it too early to talk about rebuilding in ukraine? ok before the war, everybody give us 2 days that we will class up to days. now if i do for a 2 for 40 days against the biggest one guy, and we will win. so now is most in is not only to start to think about recovery,
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we need to think about recovery right now to be prepared. what has to be done to my country? to mature loss from the ukrainian business and trade association. speaking to steven beslee that now since the war in ukraine began, global wheat prices have risen enormously. conflict in what sometimes go, the world's bread basket is having the biggest knock on effects for the developing countries who rely on ukrainian exports. and she nicea flower is now being russian . the queue is long. the bread baskets and the bakery almost empty. too. nicea normally gets the wheat it needs from ukraine, but supplies of dried up, leaving bread, scarce, expensive, and rationed. there a gap, some supermarket shelves, sunflower oil and flour, a running low. today that lack ruling while estate no longer has the means
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to buy in large quantities. and so it's managing sparingly, hoping that prices will fall back to levels from before. oh this all the i the me walk, gone every corner of june easier, grows its own wheat, but mostly the durham variety used for semolina pastor instead of soft wheat for bread, loan in it. yes, we're much better paid for growing these cereals. so we go more towards those than soft wheat. do go valuable, that the price of a buy get has already doubled, showing that a war in europe spread basket affects the daily lives, even of people living thousands of kilometers away at some of the other global business stories, making the news construction has resumed in denmark, on a gas pipeline, linking norway with poland, work had been suspended due to environmental concerns. the baltic pipe project is due to be finished by the end of the year. war saw says when completed,
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it will end polish dependence on russian gas and russian deliveries of gas to slovakia fell on tuesday by around 25 percent from the previous day. according to the data from the slovakia network operator lackey depends on russia for 85 percent of its natural gas. and his government has repeatedly said the country can't afford to be cut off from the supply. the war in ukraine isn't just playing out within the countries borders. another front has opened up in cyber space brushes use of hackers to attack. its adversaries has been well documented, but ukraine is also proving itself more than capable of cyber counter stripes. an army of hackers is taking warfare to a new frontier. ukraine is fighting rushes. invasion insider space. 2 over 250000 volunteers. answer the call of the countries deputy prime minister and
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minister of digital transformation be hi lo, fedor of and joined it's i t army, they're aim to launch cyber attacks on russia. it kind of members that they have include patriotic activists. and the on the type of attacks they're doing. and while they might be disruptive and sometimes embarrassing, so taking off, you know, government websites offline, but they're not sitting. and as cyber war sort of declaration, i would say much more of an embarrassment. the warn ukraine is mainly being waged with physical weapons. bombs are dropped on cities and homes are being destroyed, causing people to flee. but beyond these highly visible attacks, others are also being carried out online by both sides. when is that a tech we impact access to water, access to food, access to energy,
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access to health care? and that's what we are facing now in terms of risk of us getting the series of suspected russians. cyber attacks continues to this day. everything from spyware to data fishing to digital attacks on infrastructure, including power plants, military communications are being targeted to to mrs. a fortune in essence, re tank, every aircraft is a computer pixels i suppose on that's also connected to a network of these devices alone contain masses of cyber technology. ukraine also uses social media to fend off rushes attacks me fellow fedor off has been actively tweeting for peace. he asked ellen musk for starlings user terminals to keep ukraine's internet up and running. and musk delivered federal then called on companies to boycott russia. many of now pulled out of the country, causing huge economic damage. debt
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digital minister, and mr. federals has been quite active on twitter and, and sort of pressuring ceo's of large companies, t boycotts and russian businesses. even though bombs caused more visible damage than computer viruses, traditional and cyber warfare can both have devastating effects. just have her remind of the top business stories we're following for you this our annual and inflation and the u. s. a says to its highest level more than 40 years. consumer prices rose by 8.5 percent in march. according to the labor department. gasoline was the chief, culprit with prices jumping more than 18 percent. the well trade organization has warned that the conflict in ukraine is putting the fragile global trade recovery of risk. the video has revised tap down it's stressful. castro visio from 4.7 percent
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to just 3 percent. st. trade could slow even further, depending on the coast of the will. and that's all from me and the business team here in berlin from all from us having to our website do, do it. of com slash business only do use each of those on facebook because next time with ah ah, small acts can inspire big changes to meet the people making a possible on go africa joined them as they set out to save the environment, learn from one another and work together for a better future. maybe thought, steal all for tuning it. eco africa. next on d w. russia's attack on ukraine. how did
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it come to this? a conflict that's been brewing for decades? spiraling political interests, grievances and violence. reach a tipping point in our escalating further war in europe. drama in ukraine, in 45 minutes on d. w. o . every day counts for us and for our planet. global ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect habitat, what to do with them all our ways?
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we can make a difference by choosing smartness solutions over stains, said in our ways global ideas, the environmental series in global 3000 on d, w, and online ah, with hello and welcome to another new edition of echo africa, your weekly environment program. not all of our topics to the are filled with good news. we're here balls how some cities the 2nd. but don't worry, there are also reasons to feel good of ball to well, how are you today, sandra? hi, chris. well, i'm all positive, innovative.
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