tv Business - News Deutsche Welle May 27, 2022 11:15pm-11:31pm CEST
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claimed to have taken over a key town in eastern ukraine. moscow is pressing ahead with an events of aimed at securing control of industrials of ukraine's industrial part lat keep says that its forces are under attack now from 3 saw. this is dw news, rob watches up next will be w business news. i wish you a very, very good weekend, everyone through asia and artic lovers guided by vibrating asian cities, 5 local artists, ah, in the unique experience of their craft,
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joined us for exclusive master classes. with the asia starts to 1st mom, d, w. d w's crime fighters are back to little africa. most successful radio drama series continues them all episodes are available online. and of course you can share and discuss on d. w, africa's facebook page and other social media platforms, crime fighters, tune in. now. awe is the us inflation nightmare coming to an end. the latest figures show prices are still going up, but nowhere near the same pace as earlier in the year we'll cross to our correspondent in new york does face how the answer to world hunger. hey,
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how data from orbit is helping to keep track of crop shortages and disastrous defaults. as we report on the staffing problems, the amsterdam escape all efforts the getting holiday. mike is a hellish start. this is d to be business on robots in berlin. welcome to the program, and we begin in the united states where there's hope that inflation is coming under control. during april prices rose at a much less severe pace than seen in recent months. the personal consumption expenditures price index edged up by not point 2 percent. does the smallest gain in 18 months that can pass with a note to point 9 percent rise in march is seen as the key measure of inflation in the states. but economists are warning. it's not yet time for the federal reserve to breathe a sigh of relief and less cost to our financial correspondent in new york. yes, culture and discuss this further. yes,
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it was behind the slow down in inflation. i mean, clearly it is too early to celebrate, but at least inflation is pointing at the right direction, power, but so meaning downwards. we shouldn't forget that for the month of march, we actually saw the biggest increase in this inflation measure since 1982. so in 40 years, so at least we're coming down a little bit from that level, having that set dose inflation measures are still way higher than where they were before the pandemic started. but it is definitely a little bit of well come use. we have to wait and see if this is peak inflation recently, for example, we did see that the price of gas in the united states has been increasing again, but at least for one months we saw a little breather. jessica, welcome news and comes at the same time as some other positive news about the us economy. what more did we learn on friday,
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about how things are going yet about the economy and especially about the very important consumer. because at the end of the day its consumption, what drives the economy in the united states. so we got to figures for a consumer spending up by point 9 percent and also a consumer income, some up point 4 percent. so what we're seeing was those numbers is that americans are spending despite inflation, but we also see that they're spending more than they make a meaning. the savings rate them actually is falling. we've seen the savings rate now being the lowest in about and 40 and here is but overall it was a pretty good sign from the u. s. economy at this point. and we saw a shock reaction on wall street for the week. actually, all major indices are up by a good 6 percent. and with that,
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we could stop multi week a losing streak and the s and p 500 had been down for 7 consecutive weeks. so we haven't seen anything like that in 2001, but at least for now. so we could not just see inflation going the right direction, but also the market recovering it from both. the pluses in the past 2 months and some reasons to be cheerful. heading into the weekend, thanks a lot young quarter in new york for us. now we've reported a lot recently on the threats that the war and ukraine passes to. well, food supplies, tons of crucial exports, of crops like wheat are being blocked by russian blockades. while researchers are hoping that space to play apart and enjoy, there's enough fears to go around the european space agency is living planets. symposium is taking place in the german city of bonham. this weekend, technical solutions are needed to tackle world hunger and some of your greatest
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scientific minds. clearly on the job, it's not just ukrainian farmers that can see the state of their country's wheat fields. satellite scan to. it takes 6 days for the european space agencies, satellites, to map every field in the world. space information on our cli culture brings the transparency tour agriculture markets, helping them to avoid speculation in the market. the pricing of certain crop, a staples, such as wheat and mice. this is what the satellite data looks like on a computer. these are the fields east of key. if the high resolution images can show the state of vegetation and harvest. different filters help analyze the images . for example, the various stages of photosynthesis can be tracked, research institutions and private companies use this data. those features can tell
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us something on how good or how bout the plants are growing. what kind of plans are going on? those fields and also, and which management techniques, well not all of the agricultural management, but a lot bigger cultural management are being implicated on the field. we do evaluates the satellite information and combines it with other data from drones, for example, with it even individual ears of corn can be wanted. the data enables software and artificial intelligence to deliver more accurate harvest forecasts. the main interest for data like this is coming from governments and international organizations. but there are also private players that are interested a large, large agrifood industry, but also farmers themselves are interested in this kind of information. this year, ukraine's wheat harvest is expected to be just 2 thirds of its usual size. that's
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according to a french company which analyzes the satellite data. even though shortages cannot be avoided. this information can help to adjust them by the seo of the european space agency, joseph ash parker has been out the world economic forum meeting in doubles this week. our editor in chief manuel a caspar claridge, spoke to him and asked him what he says, satellites could tell us about the state of the world's food supplies. the state is, sir, actually, i would say alarming in some countries, especially ukraine. now ukraine, of course, being known as her as the, the area where most of the wheat is being produced for from any other countries. not only for russia are not only for odd for the, for our other part of the planet. so yes sir, there we see of course a huge impact because many fields are not being repaired because they cannot be better because of the conflict that is ongoing. so yes, there we will miss. so are huge. sure amount. so for of harvests which will not be
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coming. and yes, we can, we can see that the question then of course is how can we identify other area, sir, in order to compensate for that under and, and work on this. and this is something that we use for dean li since many decades already are in africa, for example, where we use our satellites to estimate the production of agricultural cop, sir in the country of certain copyright under this is so actually one of the oldest applications or of earth of salvation are where in order to really determine the you so far do use or for satellite, for food to quality. well, the colonization of space seems to be gaining speed. now, what's your take on that? are what may take her. of course, this is something that happened globally. europe is a little bit behind this curve for because the commercialization goes much fast and us. we see it of course, through our space x and amazon, and other gog either would say which people who are investing it, but also many investors are in silicon valley, for example, are creating
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a completely new environment. and that's also happening in europe. and that's something that i also would like to do, because i would like to create an environment or in europe are where a small company is start up, sir, can develop businesses or those who are new services or new constellation. so new activities they are building up and yes, commercialization is a big job because of for me ahead of the european space agency years of asperger's speaking to tito. he is editor in chief manuel r casper klerge in dallas. that alice take a look at some of the other global business stories making the news. the saudis benz is recalling some 235000 cars in the us to fix a software problem. the glitch stems from a bug in the sim card software that could disable the emergency call system. it could be solved with a software update by a mobile connection or at the dealership french feed group done and says it's sending an additional half a 1000000 packages of medical,
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great baby formula to the united states. u. s. is suffering a major shortage of breast. no substitute because of production and supply chain problems down and says the formula it's sending is suitable for babies with allergies to cows. and a court has ruled in favor of more than 1200. ty, workers who produced large array of brands, including victoria's secret, there receive more than $8000000.00 after being laid off last year without receiving severance pay. it's the largest settlement related to wage that at a garment factory. so the netherlands now and dutch airline k l m has suspended ticket sales for flights from amsterdam triple airport until monday . the world famous transport hub is struggling with staff shortages as global air travel bounces back from the debts of the pandemic. a lack of security staff in
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particular is causing a chaos in the departure holes. passengers have to endure extremely long. waits at amsterdam schiphol airport. the waiting areas are overcrowded and travelers are running out of patience may, may have and i'm used to things going fairly smoothly in the netherlands. it always takes around 15 minutes, but then the line is gone. i don't know, i hear it takes hours a new like it did taping and you know that we were well prepared. we knew, but we didn't expect this. this surpasses everything we've been working all year and save money to go on vacations, and then you have to stand in line for 5 hours while your flight is about to leave . it's horrible as declination skip or faces. an acute shortage of security staff that's affecting passengers every day. not just during busy holiday periods. it's just one of many airports struggling to find staff after laid off workers were
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forced to look for other jobs. during the pandemic, newly hired employees have to be trained in an effort to prevent even greater chaos during the peak summer travel months. the airport is adding 500 new security staff . a 100 have already undergone training. that's all for me and the business team here in berlin from all from us, randy can always head over to our website to see do we dot com slash business. we're also on the date of in use youtube channel. i don't facebook as data, we don't, this is from man that business team here till next time. i kept making the headlights and what's behind them. dw news africa. the show that was the issues have been the continent. life is slowly getting back to normally on the street to give you enough reports on the inside of our cars, funds,
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and was on the ground reporting from across the continent and all the trend stuff. the mazda you next on d, w, because india thinks the indian industrial side a b like the, the city with the most air pollution in the world. why cold power, uncontrolled waste incineration too much traffic to few lawns and controls. but fresh ideas should bring a bread, the french share. eco, india. in 60 minutes on d, w. o. she's up to date. don't miss our highlights. the d w program online. d w
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dot com highlights not has no limit. love is for everybody. love is live with love matters and that's you podcast. i'm evelyn sharma. and i really think we need to talk about all the topics that north divides and tonight and this i have invited many deer and well known guests. and i would like to invite you to an in this is detail vinitez africa coming up on the program, amplifying africa's voice in the climate debate. as forces of nature hit the continent, the hardest bill in our business, man mo, abraham calls for africans to have a great a say in how the world responds.
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