tv Business - News Deutsche Welle June 2, 2022 8:15am-8:31am CEST
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ad that amber heard had written now even though amber her took the the stan and she cried as she talked about the relationship that she had in the marriage that she had and how she felt that she was abused. it didn't seem to really have the same muster that, that johnny dec can't be when they put him on the stand. you at cdw news from berlin. that's it from me and the news team for now don't go way up. next business use with christy. don't forget to kim gave a lot more news around the clock on a website w doctor called gab office berlin. that's what i she needed out. unfortunately, she told me and a south
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a mountain is going to spend the rest of her life behind bars for murdering her 3 daughters. if you call me back, i and i see the site down was part of psychosis is an awful illness. postpartum is a nasty mothers nightmare starts june 4th on d, w ah, shanghai springs back to life. after months of isolation under china, 0 coban strategy, people are driving cars again, cramming on to buses and trains and hoping never again and a global rethink on how we do energy. as rushes war on ukraine puts pressure on oil
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prices, african nations turn to renewables. welcome to dump dw business, i'm christy plasm. china's financial hub is up and running again. residents of shanghai are allowed out after 2 months of lockdown, but there are signs china 0 cobit strategy could be the here for years. it's hurt business and even as the curves are rolled back in some cities, they continue to weigh on confidence and demand. finally, fresh air. and it's not just as dog who is happy about it. almost all our apartment complex has always been in a sealed area. i can move about freely now and today is my 1st day out. i feel like i've regained my old freedom in his yet he'll hop. senses and barriers are coming down across shanghai. most people can once again return to their offices, antique public transport. stores are also re opening conditions seem to be getting
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better with the help of an economic stimulus package. the treasury board, among other measures, we will be v funding, sales taxes and help companies that are in heart hits sectors like tourism. our culture with one off demons. the weiss mer off shank, i announced usual, do your job orange room when you look, beijing's central government has announced a full package of incentives and concessions, including tax breaks for companies, easier access to loans and a boost to the car market. china stuff, 0 cove, it policy was difficult for people and businesses and led to a slump in industries. there was not a lot of products or goods coming out of the country. consequences of which were felt around the world. while for how this is affecting us markets, let's bring in young courts a on the streets in o at his home in new york. pardon me? yes, china's zeroed covered policy was obviously a major disruptor. am to us supply chains to us business. how significant is this?
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shanghai reopening for the us economy? yeah, well, it definitely is a welcome you to christy for a lot of us. so corporations take test, just as one example, they're producing roughly half of their fleet them so far in shanghai. but also other companies and industry are seeing some relief. i mean, the shanghai economy has not fully reopened a yet, but all the use definitely is also welcomed on this side of yeah, of the world cease. well, you, you mentioned tesla. yeah. let's actually wanted to ask about that. we also heard today that tested the lawn mosque has reportedly told his employees that they need to return to working in the office or go to print, go pretend to work somewhere else. is this
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a mentality that's prevalent among us employers? well, i mean, right now i'm in my home office, so myself, but i have to say, i prefer working out of the office, but if you look at certain surveys, so at the last the survey is more than an op off. the employee actually would prefer to not fully return to the office on the other side, more board company, especially in the finance industry. for example, they do ask their employees to fully come back, but we are talking about a very tight labor market at this moment. so the big question is, if employers have the power to really ask their workers to fully return, and we will also see it with tesla. if we might see some of those employees actually rather quit their jobs than fully return to the office. so i guess a lot of employers and also employees will look on what's going to happen next.
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we're tesla, right? well young, let's stick with us business leaders again for a minute here. now the c o of j. p. morgan chase, jamie diamond, has warned investors to prepare for an economic hurricane to come. what did he mean by this? well, those who are pretty dark were it's just a week ago, jamie diamond actually prepared him his back. and investors that he sees some, a storm cloud sir, but it's not clear if both clouds will all eventually result in a storm. so now just the week later he is talking about hurry can partly because of the war in the crate and what that means for an energy market for commodity markets for food markets, you say that potentially the oil price could go all the way up to $15175.00 per barrel. that was, that's also make, and inflation matters worse than the other side. he also looks at the federal
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reserve, not just about the interest rate hikes, but actually the tightening so that the federal reserve is about to get rid of treasury's bonds in the amount of up to 95000000000 dollars a month. something we haven't ever really seen in that extend sent and that's why jamie diamond is saying there could be a hurricane coming even if right now the status quo. every sort of thing looks mostly bright and sunny, but jamie diamond wants that could a change and therefore his bank at least is going to be pretty conservative in the next couple of months. you know the car to thank you so much for that. now to some of the other global business stories making news today, a special discounted travel pass has gone on sale in germany. the 9 euro ticket is
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valid on local trains and buses across the country for a whole month. it's aimed at getting people out of their cars. at least 7000000 have already been sold. as the european union prepares to bit ban most of russian oil imports, some oil producing countries are reportedly considering the suspension of russia from opec plus. the group consists of 23 oil producing countries. russia joined in 2016 mexican president, andreas. manuela pres, up over a door has banned the sale of east cigarettes. he says it was a lie to claim, but ye cigarettes are a safe alternative to inhaling tobacco smoke. the government cited the world health organization which considers you cigarettes to be harmful while rushes war in ukraine has hastened. the trend for governments to rethink their energy strategies and, and to fossil fuels and a shift towards renewables. experts see a huge potential in africa. some large scale projects already exist there like this
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solar power plant. recent estimates show africa could generate a 1000 times more electricity than it needs for its own use by the year 2040. now africa has an abundance of clean sources, especially wind. now, morocco and egypt are also leaders in renewables. algeria is also making entrance on the scene. and south africa is a leader in solar. there are also big projects coming online in zambia, namibia, tanzania, and mozambique. now clean power could turn african countries into major producers and x borders of energy, boosting energy security, lowering long term energy costs and generating a range of economic benefits. molly is one example. these young people are acquiring skills, will open door to new opportunities here in this taylor's workshop for the town of cory,
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they're learning how to make clothes professionally. solar energy made this possible. it's supplies in august taylor's shop with electricity, as well as the other establishment of this small business area, built by an international development and geo. it's a mr. improve living conditions and fight against climate change and its impacts. that includes helping people in rural areas to develop skills and find ways to earn a living much where they are born the lee and one being part of the center and having access to electricity as an affordable price means a lot more as possible. please hold while i get put on this greed business area inquiry. oakland 2 years ago, 15 small businesses have already set up shop a vehicle, re ga, thanks for a steady supply of electricity. this carpenter can be more productive lady ongoing, but is in charge of keeping the solar plant operates in smoothly. it replaced the
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dirty and noisy generators previously used to generate electricity. the system produces around 40000 kilowatt hours a year on average. that's enough to keep more than $400.00 standard refrigerators operating for an entire year. lock up. i think that the industry energy generated by the solar panels is more than sufficient. if there is new, the production, i think it will balance out eventually because not all the businesses have been established yet to come back in from the french and geo has plans to develop several more sites of the country within the next few years. don't cur, said she did that with both solar potential to the idea is to engage people on location. local to involve members of the local community alarm is on plaza, in the process of setting up the infrastructure in. okay, that's very important. you don't go now. it's also our objective to support sustainable development if the aim of securing access to clean energy to everyone
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in the area is my 2013 good level. good as shown. does he, to me. com. solar power has enabled people like us simpson, a little to set up shop near home, eliminates the need to move to cities for work could help curb the rural exodus. paul van sun is the president of dubai base d. desert energy, which is involved in promoting renewable power in africa. we asked him, what role the continent could play and moving beyond fossil fuel, africa, especially in north africa, that this, this with area is out standing area to become a powerhouse through the world. and the, as you know, we start the already 10 years ago to indeed the 1st steps to bring this region to the level of the bower house. if we talk about the africa, we have to, to put this in perspective off the population goes in africa, as you know about 40 percent of the population has access to electricity. and most
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of these electricity today is fossil. so the 1st priority, of course, is to, to, to access the energy locally in africa and also to bring it to a level of green energy. these are the real priorities, but at the same time it is good that africa is preparing really for exports of green energy to, to, for instance, europe into the world to japan and so on. well, that was our show, i'm christy plats. and for me and the whole business team here in berlin, thank you for watching with south sea asia, an odd lovers guide this time while and poor count is gonna bring people together in a culturally diverse city painting with a human form that is so different. atheist,
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